Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAXAM from Knokke-Heist, company number BE0860037434, closed financial year 2025 with a result of € 18,711 after tax. For that financial year MAXAM recorded a gross margin of € 232,642 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -144,740 to € 18,711. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 28, 2026.
€ 1.5 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,711
▲ still € 144,740 loss in 2024
Profit after tax over the fiscal year.
€ 8,041
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.5 million.
People and assets in 2025
€ 58,458
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 59,834
▼ 72% vs 2024
€ 25,362 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14,442
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,136
▲ € 3,503 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 70,310 | € 83,467 | € 97,151 | € 232,642 | ▲ 139% |
| Profit after taxes | € -126,523 | € -115,900 | € -144,740 | € 18,711 | ▲ € 163,451 |
| Equity | € 1,759,516 | € 1,643,616 | € 1,498,876 | € 1,517,586 | ▲ 1% |
| Total debts | € 998,078 | € 912,409 | € 762,085 | € 515,130 | ▼ 32% |
| Cash | € 80,624 | € 63,762 | € 9,708 | € 8,041 | ▼ 17% |
| Land & buildings | € 2,403,425 | € 2,242,028 | € 2,074,023 | € 1,876,837 | ▼ 10% |
| Retained profit | € 1,698,016 | € 1,582,116 | € 1,437,376 | € 1,456,086 | ▲ 1% |
| Dividend | € 314,184 | € 0 | € 0 | € 0 | |
| Bank debt | € 415,476 | € 363,471 | € 211,953 | € 59,834 | ▼ 72% |
| Balance sheet total | € 2,757,595 | € 2,556,025 | € 2,260,961 | € 2,032,717 | ▼ 10% |
Key figures of MAXAM, 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 MAXAM?
What happened at MAXAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Maxine Desmedt stepped down as director. NBB
- Frank Desmedt stepped down as director. NBB
- Pascale Vandewalle stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 18,711. Source: NBB ↗
- Maxine Desmedt became a director. NBB
- Frank Desmedt became a director. NBB
- Pascale Vandewalle became a director. NBB
- New establishment in Knokke-Heist. KBO
In short
From € 126,523 loss in 2022 to € 18,711 profit in 2025.
Paid € 4,076 in corporate taxes since 2022.
Best year ever: 2025, with € 18,711 profit.
Paid out € 314,184 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Frank Desmedt
Managing director
since 2020 · until 2026
Pascale Vandewalle
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Beiaardlaan 9
8301 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0860.037.434
- VAT number
- BE 0860.037.434
- Registered office
- Beiaardlaan 9, 8301 Knokke-Heist
- Names & denominations
- MAXAM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 July 2003
- Peppol
- Active · Active since 22 May 2025
- Activities · NACE
Gastenkamers
Projectontwikkeling voor infrastructuurwerken
Verhuur en exploitatie van terreinen
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