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M.A.L.

Active Risk: not assessed
Private limited companyfounded 20241 yr activeKachtemsestraat 53, 8870 Izegem, BelgiumKBO/BCE: BE 1017.966.795
Summary

M.A.L. is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €44,707 and a net result of €39,707. Its solvency ranks better than 10% of 8094 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
30 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

M.A.L. was incorporated on 26 December 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€44,707
Net result
€39,707
Total assets
€1.6m
Solvency
2.8%

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €1.6m
Fixed assets €1.5m
Current assets €87,153
Equity and liabilities €1.6m
Equity €44,707
Debt €1.5m
Debt finances 97.2% of the balance-sheet total.
Key figures and ratios
2025 value
ROE
88.8%
ROA
2.5%
Debt ≤ 1 year
€42,248
Debt > 1 year
€1.5m
Income taxes
€14,204
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€1.6m
Fixed assets21/28€1.5m
Financial fixed assets28€1.5m
Current assets29/58€87,153
Amounts receivable within one year40/41€22,048
Trade receivables40€22,046
Other amounts receivable41€2
Cash at bank and in hand54/58€65,105
Equity and liabilities
Total equity and liabilities10/49€1.6m
Equity10/15€44,707
Contributions10/11€5,000
Reserves13€39,707
Distributable reserves133€39,707
Amounts payable17/49€1.5m
Amounts payable after more than one year17€1.5m
Financial debts170/4€1.5m
Amounts payable within one year42/48€42,248
Trade debts44€262
Suppliers440/4€262
Taxes, remuneration and social security45€31,334
Taxes450/3€31,334
Other amounts payable47/48€10,652
Accrued charges and deferred income492/3€198
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,943
Other operating charges640/8€128
Gross operating margin9900€64,758
Operating profit (loss)9901€62,687
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€8,777
Recurring financial charges65€8,777
Profit (loss) for the period before taxes9903€53,910
Income taxes67/77€14,204
Profit (loss) for the period9904€39,707
Profit (loss) for the period to be appropriated9905€39,707
Appropriation of the result
Profit (loss) to be appropriated9906€39,707
Transfer to equity691/2€39,707
To other reserves6921€39,707

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,943
Other operating charges640/8€128
Gross operating margin9900€64,758
Operating profit (loss)9901€62,687
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€8,777
Recurring financial charges65€8,777
Profit (loss) for the period before taxes9903€53,910
Income taxes67/77€14,204
Profit (loss) for the period9904€39,707
Profit (loss) for the period to be appropriated9905€39,707
Line2025
Assets
Total assets20/58€1.6m
Fixed assets21/28€1.5m
Financial fixed assets28€1.5m
Current assets29/58€87,153
Amounts receivable within one year40/41€22,048
Trade receivables40€22,046
Other amounts receivable41€2
Cash at bank and in hand54/58€65,105
Equity and liabilities
Total equity and liabilities10/49€1.6m
Equity10/15€44,707
Contributions10/11€5,000
Reserves13€39,707
Distributable reserves133€39,707
Amounts payable17/49€1.5m
Amounts payable after more than one year17€1.5m
Financial debts170/4€1.5m
Amounts payable within one year42/48€42,248
Trade debts44€262
Suppliers440/4€262
Taxes, remuneration and social security45€31,334
Taxes450/3€31,334
Other amounts payable47/48€10,652
Accrued charges and deferred income492/3€198
Line2025
Profit (loss) for the period9904€39,707
+ Depreciation and write-downs630€1,943
Operating cash flow (approximation)€41,650

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,968 m²
Building footprint
163 m²
Volume, LiDAR
1,246 m³
Parcel 36009A0506/00B002, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M.A.L.
Kachtemsestraat 53, 8870 IzegemFinancial service activities, except insurance and pension funding
since 20242.368.462.757
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36009A0506/00B002 Flanders 1,968 m² 1 · 163 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of M.A.L. and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 10,075 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017966795
Also 9925:BE1017966795
Registered 21-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.