Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAX ARTHUR from Blankenberge, company number BE0448564622, closed financial year 2025 with a result of € -45,373 after tax. For that financial year MAX ARTHUR recorded a gross margin of € 14,900 and equity of € 138,354. Compared with financial year 2024, the result moved from € 9,209 to € -45,373. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 138,354
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -45,373
▼ still € 9,209 profit in 2024
Profit after tax over the fiscal year.
€ 12,746
▲ 134% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -161,646.
People and assets in 2025
€ 12,621
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,796
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,548
▼ 78% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 51,344 | € 81,797 | € 4,866 | € 14,900 | ▲ 206% |
| Profit after taxes | € -154,170 | € 40,686 | € 9,209 | € -45,373 | ▼ € 54,582 |
| Equity | € -36,614 | € 74,518 | € 183,727 | € 138,354 | ▼ 25% |
| Total debts | € 1,108,641 | € 1,244,487 | € 795,291 | € 781,583 | ▼ 2% |
| Cash | € 11,435 | € 13,503 | € 5,457 | € 12,746 | ▲ 134% |
| Land & buildings | € 793,732 | € 1,050,559 | € 824,703 | € 807,768 | ▼ 2% |
| Retained profit | € -236,614 | € -125,482 | € -116,273 | € -161,646 | ▼ € 45,373 |
| Balance sheet total | € 1,072,026 | € 1,319,005 | € 979,018 | € 919,936 | ▼ 6% |
Key figures of MAX ARTHUR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MAX ARTHUR?
What happened at MAX ARTHUR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 45,373 (▼ € 54,582 vs 2024). Source: NBB ↗
- Patricia Leleu became a director. NBB
- Dirk Nollet became a director. NBB
- New establishment in Blankenberge. KBO
- Start of the company according to the CBE. KBO
In short
From € 154,170 loss in 2022 to € 45,373 loss in 2025.
Paid € 1,813 in corporate taxes since 2022.
Best year ever: 2023, with € 40,686 profit.
Management
Behind MAX ARTHUR are Patricia Leleu and Dirk Nollet.
Directors
According to the 2025 annual accounts
Patricia Leleu
Director
since 2024
Dirk Nollet
Managing director
since 2024
Establishments
Establishment units
Physical locations of this company
J. Gadeynehelling 1 box 1003
8370 Blankenberge
J. Gadeynehelling 1 box 10.3
8370 Blankenberge
Active since 15 June 1998
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.564.622
- VAT number
- BE 0448.564.622
- Registered office
- J. Gadeynehelling 1 bus 1003, 8370 Blankenberge
- Names & denominations
- MAX ARTHUR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 1992
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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