Financials
- Fiscal year
- 2025
- Total assets
- €385,137
- Loss
- -€176,394
- Solvency
- -25.0%
IX Malinas
ActiveSummary
The computed 12-month bankruptcy probability of IX Malinas is 4.8% (elevated). The 2025 annual accounts show negative equity (-€96,394) and a net result of -€176,394. Its solvency ranks better than 13% of 443 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Manufacture of furniture
NACE 31002NACE 31020Retail sale of household furniture NACE 47551
1 site
How big
€385,137total assets 2025
- Staff
- 0.5 FTE
- Equity
- -€96,394
- Loss
- -€176,394
Turnover not published (abridged schema)
Who decides
Accounts filed 27 d late0 of 1 deed read
Why 35- 1 change of registered office in 24 months- Loss of €176,394 (FY 2025)- Negative equity -€96,394+ Size: total assets €385,137Show the evidence
Checked score
Score 2025
35
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 7% of its sector peers (NACE 31, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
0
equity -25.0% of total assets
Liquidity
10
short-term debt 77.7% · cash 2.1%
Profitability
0
return on assets -45.8%
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 3.8%lowest value
02-2026: 3.8%● 0.0% vs 01-2026lowest value
03-2026: 4.0%▲ +4.1% vs 02-2026
04-2026: 4.3%▲ +8.7% vs 03-2026
05-2026: 4.5%▲ +4.9% vs 04-2026
06-2026: 5.0%▲ +9.9% vs 05-2026
07-2026: 5.2%▲ +4.3% vs 06-2026highest value
08-2026: 5.2%● 0.0% vs 07-2026highest value
09-2026: 4.8%▼ -6.5% vs 08-2026
10-2026: 4.8%● 0.0% vs 09-2026
- 1 change of registered office in 24 months raises the probability
- Loss of €176,394 (FY 2025) raises the probability
- Size: total assets €385,137 lowers the probability for this profile
- Negative equity -€96,394 raises the probability
No credit on open account
Liquidity short (current ratio 0.46; short-term debt: 77.7% and cash: 2.1% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 31, micro). Better than this share of them on solvency 6%, liquidity 9%, profitability 7%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
- 27-08-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of furnitureNACE 31002
- Founded
- 18-12-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark Is the workforce growing, and do people stay?Employer check
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