Financials
Financial year 2025
MAX & BO from Tielt, company number BE0463155006, closed financial year 2025 with a result of € 116,401 after tax. For that financial year MAX & BO recorded a gross margin of € 460,078 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 80,438 to € 116,401. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 1.9 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 116,401
▲ 45% vs 2024
Profit after tax over the fiscal year.
€ 388,743
▲ € 330,521 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 130,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.4
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 72,593
▲ 41% vs 2024
€ 51,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 1.3 million
▲ 58% vs 2024
€ 131,429 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 8,548
▲ € 7,236 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,847
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 539,918 | € 562,425 | € 396,104 | € 460,078 | ▲ 16% |
| Profit after taxes | € 118,026 | € 179,358 | € 80,438 | € 116,401 | ▲ 45% |
| Equity | € 1,887,268 | € 1,981,941 | € 1,917,694 | € 1,889,409 | ▼ 1% |
| Total debts | € 632,447 | € 585,959 | € 870,811 | € 1,340,633 | ▲ 54% |
| Cash | € 182,758 | € 327,720 | € 58,222 | € 388,743 | ▲ € 330,521 |
| Land & buildings | € 1,657,255 | € 1,441,526 | € 1,635,112 | € 2,018,327 | ▲ 23% |
| Retained profit | € 1,832,952 | € 1,942,310 | € 1,892,748 | € 1,879,148 | ▼ 1% |
| Dividend | € 65,000 | € 70,000 | € 130,000 | € 130,000 | |
| Bank debt | € 597,500 | € 507,500 | € 823,439 | € 1,300,238 | ▲ 58% |
| Balance sheet total | € 2,535,752 | € 2,579,042 | € 2,794,752 | € 3,231,394 | ▲ 16% |
| Employees (FTE) | 1.5 | 1.5 | 0.9 | 1.4 | ▲ 0.5 |
Key figures of MAX & BO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MAX & BO?
What happened at MAX & BO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 116,401 (▲ 45% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 118,026 profit in 2022 to € 116,401 profit in 2025.
Paid € 168,991 in corporate taxes since 2022.
Best year ever: 2023, with € 179,358 profit.
On average € 328,600 of value added per employee in 2025.
Management
Behind MAX & BO are Hilde Willems and Philippe Lampe. Philippe Lampe is also behind LAMPE TEXTILES.
Directors
According to the 2025 annual accounts
Hilde Willems
Director
Establishments
Establishment units
Physical locations of this company
Kanegemstraat 29
8700 Tielt
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
- 0463.155.006
- VAT number
- BE 0463.155.006
- Registered office
- Kanegemstraat 29, 8700 Tielt
- Names & denominations
- MAX & BO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 1998
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering