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 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
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 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 62
Relative position
BE, all sectors
reference
Sector 62
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
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: €32k
2019: €84k
2020: €130k
2021: €85k
2022: €89k
2023: €93k
2018 → 2024
Total assets
€67k▼ 42.4%
2023 · €116k
2018: €42k
2019: €104k
2020: €158k
2021: €100k
2022: €110k
2023: €116k
2018 → 2024
Net result
€34k▼ 22.5%
2023 · €44k
2018: €19k
2019: €52k
2020: €46k
2021: €49k
2022: €44k
2023: €44k
2018 → 2024
Working capital
€53k▼ 40.3%
2023 · €88k
2018: €32k
2019: €82k
2020: €128k
2021: €78k
2022: €83k
2023: €88k
2018 → 2024
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%
Operating result€57k-€61k▲ 6.9%€55k▼ 10.9%€55k▲ 1.4%€43k▼ 22.5%
Net result€46k-€49k▲ 7.8%€44k▼ 11.6%€44k▲ 1.3%€34k▼ 22.5%
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.
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.
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
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.
Tiendagwandlaan 151200 Sint-Lambrechts-WoluweGround 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
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.
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 16,884 companies in sector 62100 we hold annual accounts for 8,775. 6,875 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
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
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.