ACTIVE

MAX ARTHUR

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

-45,4 k €

-592.7% YoY

Gross margin

14,9 k €

+206.2% YoY

Equity

138,4 k €

-24.7% YoY

What does MAX ARTHUR do?

MAX ARTHUR is a Public limited company incorporated in 1992. Its main activity is: Information service activities. Its registered office is in Blankenberge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.564.622

Incorporation

29/10/1992

Legal form

Public limited company

Registered office

J. Gadeynehelling 1 box 1003
8370 Blankenberge · FlandreSee on map

Contributed capital

300 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

63303Information service activities· main 79901Other reservation service and related activities 79901Other reservation service and related activities

Joint committees (1)

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	14,9 k €	+206%	4,9 k €	-94.1%	81,8 k €	+59.3%	51,3 k €	+80.2%	28,5 k €	-74.2%	110,5 k €	+130%	48,2 k €	-13.4%	55,6 k €	+77.9%	31,3 k €	+446%	5,7 k €	-18.7%	7 k €	-88.9%	63,2 k €	-24.1%	83,3 k €	+272%	22,4 k €	-55.8%	50,6 k €	-17.5%	61,3 k €	+213%	19,6 k €	-63.1%	53,2 k €
EBITDA	-5,5 k €	+61.7%	-14,4 k €	-122%	66 k €	+68.9%	39,1 k €	+388%	-13,6 k €	-112%	108,9 k €	+191%	37,4 k €	-32.1%	55,1 k €	+89.2%	29,1 k €	+506%	4,8 k €	-22.2%	6,2 k €	-90.0%	62 k €	-24.5%	82,2 k €	+284%	21,4 k €	-56.4%	49,1 k €	-18.9%	60,5 k €	+221%	18,8 k €	-63.6%	51,7 k €
Operating result	-43,3 k €	+16.2%	-51,6 k €	-277%	29,2 k €	+674%	-5,1 k €	+56.9%	-11,8 k €	-157%	20,5 k €	-2.1%	21 k €	-43.2%	36,9 k €	+148%	14,9 k €	+251%	4,2 k €	-21.2%	5,4 k €	-89.5%	51,4 k €	-28.2%	71,5 k €	+583%	10,5 k €	-72.0%	37,4 k €	-36.4%	58,9 k €	+243%	17,2 k €	-66.2%	50,7 k €
Net result	-45,4 k €	-593%	9,2 k €	-77.4%	40,7 k €	+126%	-154,2 k €	-576%	-22,8 k €	-321%	10,3 k €	+461%	1,8 k €	-74.8%	7,3 k €	-4.8%	7,7 k €	+620%	-1,5 k €	-158%	2,5 k €	-95.1%	51,1 k €	-20.5%	64,3 k €	+5714%	-1,1 k €	-104%	30,9 k €	-40.0%	51,6 k €	+307%	12,7 k €	-62.1%	33,5 k €
Balance sheet
Equity	138,4 k €	-24.7%	183,7 k €	+147%	74,5 k €	+304%	-36,6 k €	-129%	127,9 k €	-15.1%	150,7 k €	+7.3%	140,4 k €	+1.3%	138,6 k €	+5.6%	131,3 k €	+6.2%	123,6 k €	-1.2%	125,1 k €	+2.1%	122,6 k €	+71.5%	71,4 k €	+898%	7,2 k €	-13.8%	8,3 k €	+137%	-22,6 k €	+69.5%	-74,2 k €	+14.6%	-86,9 k €
Total assets	919,9 k €	-6.0%	979 k €	-25.8%	1,3 M €	+23.0%	1,1 M €	-6.0%	1,1 M €	+1.9%	1,1 M €	+49.9%	746,8 k €	-2.9%	769 k €	-9.2%	847,2 k €	+69.3%	500,4 k €	+68.3%	297,3 k €	-10.4%	331,8 k €	-21.4%	421,9 k €	+47.9%	285,3 k €	-18.0%	347,9 k €	+52.8%	227,7 k €	+16.0%	196,2 k €	-42.9%	343,5 k €
Cash	12,7 k €	+134%	5,5 k €	-59.6%	13,5 k €	+18.1%	11,4 k €	-39.3%	18,8 k €	+78.0%	10,6 k €	+191%	3,6 k €	+63.8%	2,2 k €	-69.6%	7,3 k €	+150%	2,9 k €	+1403%	194 €	-41.7%	332,7 €	-46.3%	619,2 €	-80.3%	3,1 k €	+175%	1,1 k €	-71.6%	4 k €	-21.1%	5,1 k €	+159%	2 k €
Debts	781,6 k €	-1.7%	795,3 k €	-36.1%	1,2 M €	+12.3%	1,1 M €	+9.5%	1 M €	+4.5%	968,8 k €	+59.8%	606,4 k €	-3.8%	630,5 k €	-11.9%	715,9 k €	+90.0%	376,8 k €	+119%	172,2 k €	-17.7%	209,3 k €	-40.3%	350,5 k €	+26.0%	278,1 k €	-18.1%	339,6 k €	+35.7%	250,3 k €	-7.4%	270,4 k €	-37.2%	430,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 30 ended

Active mandates

Dirk Nollet

Managing director · since 08 janvier 2024

Active

Patricia Leleu

Director · since 08 janvier 2024

Active

Ended mandates

Hilde De Clercq

Director · since 26 novembre 2020 · until 10 novembre 2023

Ended

Hilde De Clercq

Director · since 26 novembre 2020 · until 26 novembre 2026

Ended

Patricia Leleu

Director · since 26 novembre 2020 · until 26 novembre 2026

Ended

Patricia Leleu

Director · since 26 novembre 2020

Ended

At this address

Other companies at this address

Company	CBE no.
Herten Bruin● Active	0452.355.837
Megaforce● Active	0465.092.729
TANDARTSPRAKTIJK VAN DE MOORTEL● Active	0476.567.136
Vereniging van Mede-eigenaars Residentie Ideal Tower te Blankenberge, J. Gadeynehelling 1● Active	0828.948.538

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	28/01/2025	19/01/2024	31/01/2023	28/02/2022	30/12/2020
General meeting	28/01/2026	30/12/2024	20/12/2023	13/01/2023	21/02/2022	26/11/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	28/01/2026	30/01/2026	Dutch	PDF
Micro model	30/06/2024	30/12/2024	28/01/2025	Dutch	PDF
Micro model	30/06/2023	20/12/2023	19/01/2024	Dutch	PDF
Micro model	30/06/2022	13/01/2023	31/01/2023	Dutch	PDF
Micro model	30/06/2021	21/02/2022	28/02/2022	Dutch	PDF
Micro model	30/06/2020	26/11/2020	30/12/2020	Dutch	PDF
Micro model	30/06/2019	15/01/2020	06/02/2020	Dutch	PDF
Micro model	30/06/2018	29/11/2018	31/01/2019	Dutch	PDF
Micro model	30/06/2017	30/11/2017	18/01/2018	Dutch	PDF
Abridged model	30/06/2016	24/11/2016	16/01/2017	Dutch	PDF
Abridged model	30/06/2015	26/11/2015	15/01/2016	Dutch	PDF
Abridged model	30/06/2014	27/11/2014	14/01/2015	Dutch	PDF
Abridged model	30/06/2013	28/11/2013	23/01/2014	Dutch	PDF
Abridged model	30/06/2012	29/11/2012	31/01/2013	Dutch	PDF
Abridged model	30/06/2011	24/11/2011	23/01/2012	Dutch	PDF
Abridged model	30/06/2010	25/11/2010	24/01/2011	Dutch	PDF
Abridged model	30/06/2009	26/11/2009	12/02/2010	Dutch	PDF
Abridged model	30/06/2008	27/11/2008	16/12/2008	Dutch	PDF
Abridged model	30/06/2007	29/11/2007	10/01/2008	Dutch	PDF
Abridged model	30/06/2006	30/11/2006	02/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 30 ended

Active mandates

Dirk Nollet

Managing director · since 08 janvier 2024

Active

Patricia Leleu

Director · since 08 janvier 2024

Active

Ended mandates

Hilde De Clercq

Director · since 26 novembre 2020 · until 10 novembre 2023

Ended

Hilde De Clercq

Director · since 26 novembre 2020 · until 26 novembre 2026

Ended

Patricia Leleu

Director · since 26 novembre 2020 · until 26 novembre 2026

Ended

Patricia Leleu

Director · since 26 novembre 2020

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office12/02/2026
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring22/02/2024
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/11/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office30/03/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/01/2021
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/02/2016
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-45,4 k €↓
2024
Annual accounts 20249,2 k €↓
2023
Annual accounts 202340,7 k €↑
2022
Annual accounts 2022-154,2 k €↓
2020
Annual accounts 2020-22,8 k €↓
2019
Annual accounts 201910,3 k €↑
2018
Annual accounts 20181,8 k €↓
2017
Annual accounts 20177,3 k €↓
2016
Annual accounts 20167,7 k €↑
2015
Annual accounts 2015-1,5 k €↓
2014
Annual accounts 20142,5 k €↓
2013
Annual accounts 201351,1 k €↓
2012
Annual accounts 201264,3 k €↑
2011
Annual accounts 2011-1,1 k €↓
2010
Annual accounts 201030,9 k €↓
2009
Annual accounts 200951,6 k €↑
2008
Annual accounts 200812,7 k €↓
2007
Annual accounts 200733,5 k €
29/10/1992
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MAX ARTHUR

Overview

What does MAX ARTHUR do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline