Malachite IT Consulting
ActiveSummary
Malachite IT Consulting has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €57k and a net result of €34k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 81% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.38 against 4.8 in 2023; short-term debt: 14.6% and cash: 48.8% of total assets), and 14.6% of the assets are financed with debt.
Credit check 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
3 d early
2022
1 d early
2021
32 d early
2020
42 d early
2019
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€57k▼ 38.5%
2023 · €93k
2018: €32klowest in 7 years
2019: €84k▲ +163% vs 2018
2020: €130k▲ +54.4% vs 2019highest in 7 years
2021: €85k▼ -34.5% vs 2020
2022: €89k▲ +4.2% vs 2021
2023: €93k▲ +4.7% vs 2022
2024: €57k▼ -38.5% vs 2023
2018 → 2024
Total assets
€67k▼ 42.4%
2023 · €116k
2018: €42klowest in 7 years
2019: €104k▲ +149% vs 2018
2020: €158k▲ +52.0% vs 2019highest in 7 years
2021: €100k▼ -36.5% vs 2020
2022: €110k▲ +10.1% vs 2021
2023: €116k▲ +5.1% vs 2022
2024: €67k▼ -42.4% vs 2023
2018 → 2024
Net result
€34k▼ 22.5%
2023 · €44k
2018: €19klowest in 7 years
2019: €52k▲ +169% vs 2018highest in 7 years
2020: €46k▼ -12.3% vs 2019
2021: €49k▲ +7.8% vs 2020
2022: €44k▼ -11.6% vs 2021
2023: €44k▲ +1.3% vs 2022
2024: €34k▼ -22.5% vs 2023
2018 → 2024
Working capital
€53k▼ 40.3%
2023 · €88k
2018: €32klowest in 7 years
2019: €82k▲ +156% vs 2018
2020: €128k▲ +55.9% vs 2019highest in 7 years
2021: €78k▼ -39.3% vs 2020
2022: €83k▲ +7.0% vs 2021
2023: €88k▲ +6.2% vs 2022
2024: €53k▼ -40.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€130k-€85k▼ 34.5%€89k▲ 4.2%€93k▲ 4.7%€57k▼ 38.5%
2020: €130khighest in 5 years
2021: €85k▼ -34.5% vs 2020
2022: €89k▲ +4.2% vs 2021
2023: €93k▲ +4.7% vs 2022
2024: €57k▼ -38.5% vs 2023lowest in 5 years
Operating result€57k-€61k▲ 6.9%€55k▼ 10.9%€55k▲ 1.4%€43k▼ 22.5%
2020: €57k
2021: €61k▲ +6.9% vs 2020highest in 5 years
2022: €55k▼ -10.9% vs 2021
2023: €55k▲ +1.4% vs 2022
2024: €43k▼ -22.5% vs 2023lowest in 5 years
Net result€46k-€49k▲ 7.8%€44k▼ 11.6%€44k▲ 1.3%€34k▼ 22.5%
2020: €46k
2021: €49k▲ +7.8% vs 2020highest in 5 years
2022: €44k▼ -11.6% vs 2021
2023: €44k▲ +1.3% vs 2022
2024: €34k▼ -22.5% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 22% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €67k
Fixed assets
€4k ▼ 5.3%
Current assets
€62k ▼ 44.0%
Equity and liabilities €67k
Equity
€57k ▼ 38.5%
Debt
€10k ▼ 57.8%
Debt's share of the balance-sheet total falls from 20.0% to 14.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€46k▼
2023 · €58k
Cash flow
€37k▼
2023 · €47k
Current ratio
6.38▲
2023 · 4.80
Debt to equity
0.17▼
2023 · 0.25
ROE
60.0%▲
2023 · 47.6%
ROA
51.2%▲
2023 · 38.1%
Interest coverage
544.17▼
2023 · 691.40
Debt ≤ 1 year
€10k▼
2023 · €23k
Income taxes
€9k▼
2023 · €11k
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 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€116k€67k▼
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€5k€4k▼
Furniture and vehicles24€5k€4k▼
Current assets29/58€111k€62k▼
Amounts receivable within one year40/41€24k€23k▼
Trade receivables40€20k€19k▼
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€85k€33k▼
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€116k€67k▼
Equity10/15€93k€57k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133-€2k
Profit (loss) carried forward14€72k€37k▼
Amounts payable17/49€23k€10k▼
Amounts payable within one year42/48€23k€10k▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Other amounts payable47/48€20k€8k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€448€876▲
Gross operating margin9900€59k€47k▼
Operating profit (loss)9901€55k€43k▼
Financial charges65/66B€84€84▲
Recurring financial charges65€84€84▲
Profit (loss) for the period before taxes9903€55k€43k▼
Income taxes67/77€11k€9k▼
Profit (loss) for the period9904€44k€34k▼
Profit (loss) for the period to be appropriated9905€44k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€112k€107k▼
Profit (loss) brought forward from the previous period14P€68k€72k▲
Profit to be distributed694/7€40k€70k▲
Return on contributions (dividend)694€40k€70k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €3k | €3k | €3k | ▲ 3.1% |
| Other operating charges640/8 | - | €402 | €405 | €448 | €876 | ▲ 95.6% |
| Gross operating margin9900 | €58k | €64k | €58k | €59k | €47k | ▼ 20.4% |
| Operating profit (loss)9901 | €57k | €61k | €55k | €55k | €43k | ▼ 22.5% |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | - | €30 | €79 | €84 | €84 | ▲ 0.1% |
| Recurring financial charges65 | €142 | €30 | €79 | €84 | €84 | ▲ 0.1% |
| Profit (loss) for the period before taxes9903 | €57k | €61k | €54k | €55k | €43k | ▼ 22.5% |
| Income taxes67/77 | €11k | €12k | €11k | €11k | €9k | ▼ 22.7% |
| Profit (loss) for the period9904 | €46k | €49k | €44k | €44k | €34k | ▼ 22.5% |
| Profit (loss) for the period to be appropriated9905 | €46k | €49k | €44k | €44k | €34k | ▼ 22.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €158k | €100k | €110k | €116k | €67k | ▼ 42.4% |
| Fixed assets21/28 | €2k | €8k | €6k | €5k | €4k | ▼ 5.3% |
| Tangible fixed assets22/27 | €2k | €8k | €6k | €5k | €4k | ▼ 5.3% |
| Furniture and vehicles24 | - | €8k | €6k | €5k | €4k | ▼ 5.3% |
| Current assets29/58 | €156k | €93k | €105k | €111k | €62k | ▼ 44.0% |
| Amounts receivable within one year40/41 | €24k | €23k | €23k | €24k | €23k | ▼ 5.4% |
| Trade receivables40 | - | €20k | €20k | €20k | €19k | ▼ 8.8% |
| Other amounts receivable41 | - | €2k | €3k | €4k | €5k | ▲ 11.9% |
| Cash at bank and in hand54/58 | €128k | €70k | €77k | €85k | €33k | ▼ 61.5% |
| Deferred charges and accrued income490/1 | - | €247 | €5k | €2k | €7k | ▲ 206% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €158k | €100k | €110k | €116k | €67k | ▼ 42.4% |
| Equity10/15 | €130k | €85k | €89k | €93k | €57k | ▼ 38.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €115k | €65k | €68k | €72k | €37k | ▼ 49.4% |
| Amounts payable17/49 | €28k | €15k | €22k | €23k | €10k | ▼ 57.8% |
| Amounts payable within one year42/48 | €28k | €15k | €22k | €23k | €10k | ▼ 57.8% |
| Trade debts44 | €5k | €1k | €5k | €3k | €1k | ▼ 51.0% |
| Suppliers440/4 | - | €1k | €5k | €3k | €1k | ▼ 51.0% |
| Taxes, remuneration and social security45 | - | €0 | - | - | - | - |
| Taxes450/3 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €14k | €16k | €20k | €8k | ▼ 58.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46k | €49k | €44k | €44k | €34k | ▼ 22.5% |
| + Depreciation and write-downs630 | €1k | €2k | €3k | €3k | €3k | ▲ 3.1% |
| Operating cash flow (approximation) | €47k | €52k | €46k | €47k | €37k | ▼ 20.9% |
| Investment in fixed assets (approximation) | - | €-8k | €-798 | €-2k | €-3k | ▼ 42.6% |
| Change in cash | - | €-58k | €7k | €8k | €-52k | ▼ 767% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €130k ▲54.4%
3 profitable years in a row build equity to €130k.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €52k ▲169%
Operating result €65k, net result €52k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2018
Ground area
374 m²
Building footprint
80 m²
Volume, LiDAR
754 m³
Parcel 21018A0009/00N019, Brussels · tallest building 14.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Malachite IT Consulting
since 20182.278.583.844
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0009/00N019 | Brussels | 374 m² | 1 · 80 m² | 14.0 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.
Similar companies · same sector, comparable size
Kuno Consulting
BE 0788.562.686
Jette · Eq €57,045
IPO
BE 0885.238.826
Brussel · Eq €57,035
YOOMITY
BE 1013.826.182
Leuven · Eq €57,071
WELLIT
BE 0507.803.413
Leuven · Eq €57,000
WKJ Consulting
BE 0746.909.601
Nijlen · Eq €56,991
Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,869 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
Founded17-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.