Mala
ActiveSummary
Mala has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €305k and a net result of €78k. Equity is growing by ~46% per year across the filed fiscal years. Its solvency ranks better than 89% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▼-2
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 10.2 against 6.98 in 2023; short-term debt: 9.2% and cash: 89.3% of total assets), and 9.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
90.8%
Return on assets
23.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
54 d early
2022
55 d early
2021
57 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€305k▲ 34.2%
2023 · €227k
2021: €55k
2022: €140k
2023: €227k
2021 → 2024
Total assets
€336k▲ 26.7%
2023 · €265k
2021: €78k
2022: €210k
2023: €265k
2021 → 2024
Net result
€78k▼ 11.0%
2023 · €87k
2021: €54k
2022: €85k
2023: €87k
2021 → 2024
Working capital
€283k▲ 25.7%
2023 · €226k
2021: €54k
2022: €97k
2023: €226k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€55k-€140k▲ 157%€227k▲ 62.4%€305k▲ 34.2%
Operating result€67k-€116k▲ 73.8%€110k▼ 5.2%€113k▲ 2.9%
Net result€54k-€85k▲ 59.5%€87k▲ 2.3%€78k▼ 11.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 3% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €336k
Fixed assets
€22k ▲ 1,203%
Current assets
€314k ▲ 19.4%
Equity and liabilities €336k
Equity
€305k ▲ 34.2%
Debt
€31k ▼ 18.4%
Debt's share of the balance-sheet total falls from 14.2% to 9.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€116k▲
2023 · €111k
Cash flow
€80k▼
2023 · €88k
Current ratio
10.20▲
2023 · 6.98
Debt to equity
0.10▼
2023 · 0.17
ROE
25.5%▼
2023 · 38.4%
ROA
23.2%▼
2023 · 33.0%
Interest coverage
2113.64▼
2023 · 2218.39
Debt ≤ 1 year
€31k▼
2023 · €38k
Income taxes
€37k▲
2023 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€265k€336k▲
Fixed assets21/28€2k€22k▲
Tangible fixed assets22/27€2k€21k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€0€20k▲
Financial fixed assets28€100€100=
Current assets29/58€263k€314k▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€15k€15k=
Trade receivables40€15k€15k=
Other amounts receivable41€4€4=
Cash at bank and in hand54/58€249k€300k▲
Equity and liabilities
Total equity and liabilities10/49€265k€336k▲
Equity10/15€227k€305k▲
Contributions10/11€1k€1k=
Reserves13€226k€304k▲
Distributable reserves133€226k€304k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€38k€31k▼
Amounts payable within one year42/48€38k€31k▼
Trade debts44€53€880▲
Suppliers440/4€53€880▲
Taxes, remuneration and social security45€31k€20k▼
Taxes450/3€30k€19k▼
Remuneration and social security454/9€1k€1k▲
Other amounts payable47/48€7k€10k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€447€2k▲
Other operating charges640/8€371€528▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€113k€116k▲
Operating profit (loss)9901€110k€113k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€50€55▲
Recurring financial charges65€50€55▲
Profit (loss) for the period before taxes9903€110k€115k▲
Income taxes67/77€23k€37k▲
Profit (loss) for the period9904€87k€78k▼
Profit (loss) for the period to be appropriated9905€87k€78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€141k€78k▼
Profit (loss) brought forward from the previous period14P€54k€0▼
Transfer to equity691/2€141k€78k▼
To other reserves6921€141k€78k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €87k ▲2.3%
Net result €87k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 6.98
Current ratio from 2.38 to 6.98; short-term debt falls from €71k to €38k.
31-12
Financial
Equity above €200kEq €227k ▲62.4%
3 profitable years in a row build equity to €227k.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €140k ▲157%
2 profitable years in a row build equity to €140k.
04-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Deinze · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Egelare 29850 DeinzeGround area
892 m²
Building footprint
144 m²
Volume, LiDAR
728 m³
Parcel 44049B0020/00P000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mala
since 20212.316.611.903
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44049B0020/00P000 | Flanders | 892 m² | 1 · 144 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Rhisnvest
BE 0749.786.046
Namur · Eq €305,001
Saltus
BE 0840.787.387
Aalter · Eq €305,009
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,056 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
66300Activities auxiliary to financial services and insurance activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.