ACTIVE

MAX

Financial year 2025 · closed on 31/12/2025
Net result
-754,4 €
-107.9% YoY
Gross margin
28,3 k €
-38.8% YoY
Equity
315 k €
-0.2% YoY

What does MAX do?

MAX is a Public limited company incorporated in 2000. Its main activity is: Specialised construction activities. Its registered office is in Gavere.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0471.462.362
Incorporation
20/03/2000
Legal form
Public limited company
Registered office
Klikhoutestraat 9A
9890 Gavere · FlandreSee on map
Contributed capital
74 337,99 €
Latest accounts
31/12/2025
Signals
Solid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin28,3 k €46,2 k €70,4 k €-47,7 k €32,1 k €200 k €80,8 k €80,5 k €117,1 k €53,3 k €35,4 k €15,1 k €67,7 k €66,4 k €37,5 k €2,1 k €5,3 k €4,1 k €5,1 k €6 k €
EBITDA26 k €42,6 k €68,8 k €-49,8 k €11,8 k €195,7 k €77,8 k €77,6 k €114,3 k €50,1 k €32,3 k €12 k €63,7 k €63,3 k €34,9 k €-362,3 €4,9 k €2,7 k €3,8 k €4,3 k €
Operating result4,3 k €14,8 k €42,7 k €-59,7 k €3,2 k €192,3 k €74,4 k €74,2 k €106,2 k €41,8 k €14,5 k €-5,5 k €53,2 k €52,9 k €25,3 k €-362,3 €4,8 k €2,6 k €3,7 k €2,5 k €
Net result-754,4 €9,6 k €30,4 k €-68 k €-140,4 €143 k €48 k €46,7 k €69,7 k €23,7 k €-3,1 k €-23,7 k €33,2 k €31,9 k €-4,3 k €-7,1 k €-2,3 k €-4,9 k €-3,8 k €-5,9 k €
Balance sheet
Equity315 k €315,8 k €306,2 k €275,8 k €343,8 k €344 k €201 k €153 k €106,3 k €36,6 k €12,9 k €16,1 k €39,7 k €6,6 k €-25,4 k €-21,1 k €-14 k €-11,6 k €-6,7 k €-3 k €
Total assets705,9 k €721,7 k €778,2 k €860,8 k €506 k €545,1 k €638,9 k €635,7 k €645,7 k €647,5 k €660,3 k €676,3 k €657,1 k €659,7 k €670,3 k €218 k €218 k €218,1 k €218,5 k €218,4 k €
Cash3,4 k €2,7 k €1,6 k €16 €124,7 k €251,9 k €9,2 k €4,2 k €3,5 k €3,2 k €507,1 €807 €3,8 k €85,4 €1,8 k €46,5 €62,3 €460 €316,4 €
Debts365,9 k €380 k €445,3 k €557,6 k €134,6 k €167,9 k €437,9 k €482,6 k €539,4 k €610,9 k €646,5 k €660,2 k €617,3 k €653,1 k €695,6 k €239,1 k €232 k €229,7 k €225,3 k €221,4 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 31/12/2025 · 3 active · 17 ended

Active mandates

GILS VERNIERS

Mandate

Active
MAXIME VERNIERS

Mandate

Active
SVEN VERNIERS

Mandate

Active

Ended mandates

GILS VERNIERS

Director · since 08 février 2021 · until 08 février 2027

Ended
MAXIME VERNIERS

Director · since 18 décembre 2018 · until 18 décembre 2024

Ended
SVEN DAVID VERNIERS

Managing director · since 18 décembre 2018 · until 18 décembre 2024

Ended
SVEN VERNIERS

Managing director · since 18 décembre 2018 · until 18 décembre 2024

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202602/07/202508/07/202403/07/202323/08/202230/08/2021
General meeting28/06/202630/06/202528/06/202421/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202528/06/202630/06/2026DutchPDF
Micro model31/12/202430/06/202502/07/2025DutchPDF
Micro model31/12/202328/06/202408/07/2024DutchPDF
Abridged model31/12/202221/06/202303/07/2023DutchPDF
Abridged model31/12/202130/06/202223/08/2022DutchPDF
Abridged model31/12/202030/06/202130/08/2021DutchPDF
Abridged model31/12/201930/06/202003/07/2020DutchPDF
Abridged model31/12/201830/06/201901/07/2019DutchPDF
Abridged model31/12/201730/06/201822/08/2018DutchPDF
Abridged model31/12/201630/06/201707/07/2017DutchPDF
Abridged model31/12/201530/06/201603/08/2016DutchPDF
Abridged model31/12/201430/06/201525/08/2015DutchPDF
Abridged model31/12/201330/06/201429/08/2014DutchPDF
Abridged model31/12/201227/06/201327/06/2013DutchPDF
Abridged model31/12/201130/06/201212/07/2012DutchPDF
Abridged model31/12/201030/06/201110/07/2011DutchPDF
Abridged model31/12/200930/06/201007/08/2010DutchPDF
Abridged model31/12/200830/06/200922/07/2009DutchPDF
Abridged model31/12/200730/06/200813/08/2008DutchPDF
Abridged model31/12/200611/05/200722/05/2007DutchPDF
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 31/12/2025 · 3 active · 17 ended

Active mandates

GILS VERNIERS

Mandate

Active
MAXIME VERNIERS

Mandate

Active
SVEN VERNIERS

Mandate

Active

Ended mandates

GILS VERNIERS

Director · since 08 février 2021 · until 08 février 2027

Ended
MAXIME VERNIERS

Director · since 18 décembre 2018 · until 18 décembre 2024

Ended
SVEN DAVID VERNIERS

Managing director · since 18 décembre 2018 · until 18 décembre 2024

Ended
SVEN VERNIERS

Managing director · since 18 décembre 2018 · until 18 décembre 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/06/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/02/2021
    ONTSLAGEN - BENOEMINGEN - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office18/01/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/05/2013
    KAPITAAL - AANDELEN
    PDF
  • Mandates04/02/2013
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/12/2010
    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

Timeline

  1. 2025
    Annual accounts 2025-754,4 €
  2. 2024
    Annual accounts 20249,6 k €
  3. 2023
    Annual accounts 202330,4 k €
  4. 2022
    Annual accounts 2022-68 k €
  5. 2021
    Annual accounts 2021-140,4 €
  6. 2020
    Annual accounts 2020143 k €
  7. 2019
    Annual accounts 201948 k €
  8. 2018
    Annual accounts 201846,7 k €
  9. 2017
    Annual accounts 201769,7 k €
  10. 2016
    Annual accounts 201623,7 k €
  11. 2015
    Annual accounts 2015-3,1 k €
  12. 2014
    Annual accounts 2014-23,7 k €
  13. 2013
    Annual accounts 201333,2 k €
  14. 2012
    Annual accounts 201231,9 k €
  15. 2011
    Annual accounts 2011-4,3 k €
  16. 2010
    Annual accounts 2010-7,1 k €
  17. 2009
    Annual accounts 2009-2,3 k €
  18. 2008
    Annual accounts 2008-4,9 k €
  19. 2007
    Annual accounts 2007-3,8 k €
  20. 2006
    Annual accounts 2006-5,9 k €
  21. 20/03/2000
    IncorporationPublic limited company