MAXGIL
ActiveThe computed 12-month bankruptcy probability of MAXGIL is 2.7% (moderate). The 2024 annual accounts show equity of €58k and a net result of €14k. Equity is shrinking by ~33.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 591 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency11▲+6
Growth58=
Stability100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.73 against 0.5 in 2023), and 90.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Sector 79
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
9.3%
Return on assets
2.2%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 591 sector peers (2024).
NBB · sector comparisonPosition among 591 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
27 d early
2022
46 d early
2021
54 d early
2020
47 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€58k▲ 30.3%
2023 · €45k
2020: €193k
2021: €128k
2022: €85k
2023: €45k
2020 → 2024
Total assets
€628k▼ 3.9%
2023 · €654k
2020: €723k
2021: €866k
2022: €777k
2023: €654k
2020 → 2024
Net result
€14k
2023 · €-40k
2020: €-57k
2021: €-65k
2022: €-43k
2023: €-40k
2020 → 2024
Working capital
€-35k▲ 48.8%
2023 · €-67k
2020: €16k
2021: €10k
2022: €-30k
2023: €-67k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€193k-€128k▼ 33.5%€85k▼ 33.8%€45k▼ 47.3%€58k▲ 30.3%
Operating result€-55k-€-58k▼ 4.7%€-36k▲ 37.6%€-28k▲ 21.4%€23k
Net result€-57k-€-65k▼ 13.8%€-43k▲ 33.0%€-40k▲ 7.4%€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €23k after a loss of €28k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €628k
Fixed assets
€535k▼ 8.5%
Current assets
€93k▲ 35.9%
Equity and liabilities €628k
Equity
€58k▲ 30.3%
Debt
€570k▼ 6.4%
The debt ratio falls from 93.1% to 90.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€42k▲
2023 · €5k
Cash flow
€32k▲
2023 · €-6k
Solvency
9.3%▲
2023 · 6.9%
Current ratio
0.73▲
2023 · 0.50
Quick ratio
0.34▲
2023 · 0.14
Debt / equity
9.76▼
2023 · 13.58
ROE
23.2%▲
2023 · -89.6%
ROA
2.2%▲
2023 · -6.1%
Interest coverage
4.73▲
2023 · 0.51
Debt
€570k▼
2023 · €609k
Debt ≤ 1 year
€127k▼
2023 · €136k
Debt > 1 year
€442k▼
2023 · €473k
Income taxes
€828▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€654k€628k▼
Fixed assets21/28€585k€535k▼
Tangible fixed assets22/27€583k€535k▼
Land and buildings22€544k€530k▼
Furniture and vehicles24€38k€5k▼
Financial fixed assets28€3k€0▼
Current assets29/58€68k€93k▲
Stocks and contracts in progress3€49k€49k=
Stocks30/36€49k€49k=
Amounts receivable within one year40/41€13k€23k▲
Trade receivables40-€20k
Other amounts receivable41€13k€4k▼
Cash at bank and in hand54/58€6k€18k▲
Deferred charges and accrued income490/1€222€2k▲
Equity and liabilities
Total equity and liabilities10/49€654k€628k▼
Equity10/15€45k€58k▲
Contributions10/11€250k€250k=
Profit (loss) carried forward14€-205k€-192k▲
Amounts payable17/49€609k€570k▼
Amounts payable after more than one year17€473k€442k▼
Financial debts170/4€473k€442k▼
Amounts payable within one year42/48€136k€127k▼
Current portion of amounts payable after more than one year42€31k€21k▼
Financial debts43€75k€75k=
Credit institutions430/8€75k€75k=
Trade debts44€3k€23k▲
Suppliers440/4€3k€23k▲
Taxes, remuneration and social security45€910€2k▲
Taxes450/3€910€2k▲
Other amounts payable47/48€26k€6k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€18k▼
Other operating charges640/8€4k€33k▲
Gross operating margin9900€10k€74k▲
Operating profit (loss)9901€-28k€23k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€11k€9k▼
Recurring financial charges65€11k€9k▼
Non-recurring financial charges66B-€235
Profit (loss) for the period before taxes9903€-39k€14k▲
Income taxes67/77€1k€828▼
Profit (loss) for the period9904€-40k€14k▲
Profit (loss) for the period to be appropriated9905€-40k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-205k€-192k▲
Profit (loss) brought forward from the previous period14P€-165k€-205k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after 4 loss-making years.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-65k
Net result drops to €-65k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Valkenlaan 192900 SchotenGround area
2,089 m²
Building footprint
174 m²
Volume, LiDAR
933 m³
Parcel 11040D0352/00A002, Flanders · tallest building 13.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GT GROUP
since 20192.294.178.969
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0352/00A002 | Flanders | 2,089 m² | 1 · 174 m² | 13.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,430 companies in sector 79110 we hold annual accounts for 874. 699 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2019
Fiscal year end31-12
Activities, NACEBEL
79110Travel agency activities
45112
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
56210Event catering
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.