Skip to content

MaelCom

Active
Private limited companyfounded 2025active for 1 yearKerkplein 1, 8750 Wingene, BelgiumKBO/BCE: BE 1025.851.313
Summary

MaelCom has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,000 and a net result of €21,882. Its solvency ranks better than 17% of 2,283 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2025, micro format

Equity
€5,000
Total assets
€40,439
Net result
€21,882
Working capital
€5,000

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

Balance-sheet composition
Equity and liabilities €40,439
Equity €5,000
Debt €35,439
Debt finances 87.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€31,128
Cash flow
€25,564
Current ratio
1.14
Debt to equity
7.09
ROE
437.6%
ROA
54.1%
Interest coverage
over 100
Debt ≤ 1 year
€35,439
Income taxes
€5,471

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.6% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 29 lines
Balance sheet Code2025
Assets
Total assets20/58€40,439
Current assets29/58€40,439
Amounts receivable within one year40/41€15,596
Trade receivables40€15,588
Other amounts receivable41€9
Cash at bank and in hand54/58€24,842
Equity and liabilities
Total equity and liabilities10/49€40,439
Equity10/15€5,000
Contributions10/11€5,000
Profit (loss) carried forward14€0
Amounts payable17/49€35,439
Amounts payable within one year42/48€35,439
Trade debts44€2,858
Suppliers440/4€2,858
Taxes, remuneration and social security45€9,146
Taxes450/3€9,146
Other amounts payable47/48€23,435
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,682
Gross operating margin9900€31,128
Operating profit (loss)9901€27,446
Financial charges65/66B€94
Recurring financial charges65€94
Profit (loss) for the period before taxes9903€27,353
Income taxes67/77€5,471
Profit (loss) for the period9904€21,882
Profit (loss) for the period to be appropriated9905€21,882
Appropriation of the result
Profit (loss) to be appropriated9906€21,882
Profit to be distributed694/7€21,882
Return on contributions (dividend)694€21,882

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€3,682
Gross operating margin9900€31,128
Operating profit (loss)9901€27,446
Financial charges65/66B€94
Recurring financial charges65€94
Profit (loss) for the period before taxes9903€27,353
Income taxes67/77€5,471
Profit (loss) for the period9904€21,882
Profit (loss) for the period to be appropriated9905€21,882
Line2025
Assets
Total assets20/58€40,439
Current assets29/58€40,439
Amounts receivable within one year40/41€15,596
Trade receivables40€15,588
Other amounts receivable41€9
Cash at bank and in hand54/58€24,842
Equity and liabilities
Total equity and liabilities10/49€40,439
Equity10/15€5,000
Contributions10/11€5,000
Profit (loss) carried forward14€0
Amounts payable17/49€35,439
Amounts payable within one year42/48€35,439
Trade debts44€2,858
Suppliers440/4€2,858
Taxes, remuneration and social security45€9,146
Taxes450/3€9,146
Other amounts payable47/48€23,435
Line2025
Profit (loss) for the period9904€21,882
+ Depreciation and write-downs630€3,682
Operating cash flow (approximation)€25,564

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 08-05-2026 2026-00107052

Similar companies · same sector, comparable size

Of the 894 active companies whose main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25120), figures are known for 671. 106 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.