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MALAK.ZA

Active
Limited partnershipfounded 20224 yrs activeFrans Vekemansstraat 93, 1120 Brussel, BelgiumKBO/BCE: BE 0782.299.258
Summary

For MALAK.ZA, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €34,076 and a net result of €21,262. Its solvency ranks better than 32% of 18400 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability78▲+8
Solvency37▲+8
Growth78
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Solvency
11.6%
Return on assets
7.2%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 15-11-2024, 107 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
107 d late
2022
126 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 117 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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

On 17 February 2022, MALAK.ZA was incorporated as a Limited partnership.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023

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Financials · fiscal year 2023, micro schema

Equity
€34,076▲ 166%
2022 · €12,814
Total assets
€293,903▼ 0.4%
2022 · €295,167
Net result
€21,262▲ 65.9%
2022 · €12,814
Working capital
€41,014▲ 21.8%
2022 · €33,662
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023
Operating result€12,188-€19,747▲ 62.0%
Net result€12,814within the sector's middle half-€21,262within the sector's middle half▲ 65.9%
Equity€12,814below the sector's middle half-€34,076within the sector's middle half▲ 166%
Total assets€295,167within the sector's middle half-€293,903within the sector's middle half▼ 0.4%
Debt€282,353-€259,827▼ 8.0%
Working capital€33,662within the sector's middle half-€41,014within the sector's middle half▲ 21.8%
Solvency4.3%below the sector's middle half-11.6%within the sector's middle half▲ 7.3pp
Current ratio2.13within the sector's middle half-2.49within the sector's middle half▲ 0.36
Return on assets (ROA)4.3%within the sector's middle half-7.2%within the sector's middle half▲ 2.9pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2022: €12,188€12,188Net result 2022: €12,814€12,814Operating result 2023: €19,747€19,747Net result 2023: €21,262€21,26220222023€0€10,000€20,000Operating result 2022: €12,188€12,200Net result 2022: €12,814€12,800Operating result 2023: €19,747€19,700Net result 2023: €21,262€21,30020222023
The operating result rises in 2023; 2023 is 62% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €293,903
Fixed assets €225,386 ▼ 2.8%
Current assets €68,516 ▲ 8.1%
Equity and liabilities €293,903
Equity €34,076 ▲ 166%
Debt €259,827 ▼ 8.0%
Debt's share of the balance-sheet total falls from 95.7% to 88.4%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€26,156▲
2022 · €15,393
Cash flow
€27,671▲
2022 · €16,018
Debt to equity
7.63▼
2022 · 22.04
ROE
62.4%▼
2022 · 100.0%
Interest coverage
12.99▲
2022 · 5.47
Debt ≤ 1 year
€27,502▼
2022 · €29,709
Debt > 1 year
€232,325▼
2022 · €252,644
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 30 lines
Balance sheet Code20222023
Assets
Total assets20/58€295,167€293,903▼
Fixed assets21/28€231,795€225,386▼
Tangible fixed assets22/27€231,795€225,386▼
Land and buildings22€231,795€225,386▼
Current assets29/58€63,371€68,516▲
Amounts receivable within one year40/41€63,371€68,516▲
Trade receivables40€11,787€0▼
Other amounts receivable41€51,584€68,516▲
Equity and liabilities
Total equity and liabilities10/49€295,167€293,903▼
Equity10/15€12,814€34,076▲
Profit (loss) carried forward14€12,814€34,076▲
Amounts payable17/49€282,353€259,827▼
Amounts payable after more than one year17€252,644€232,325▼
Financial debts170/4€252,644€232,325▼
Amounts payable within one year42/48€29,709€27,502▼
Current portion of amounts payable after more than one year42€22,276€23,034▲
Financial debts43€7,433€4,469▼
Credit institutions430/8€7,433€4,469▼
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,205€6,409▲
Gross operating margin9900€15,393€26,156▲
Operating profit (loss)9901€12,188€19,747▲
Financial income75/76B€3,438€3,529▲
Recurring financial income75€3,438€3,529▲
Financial charges65/66B€2,812€2,014▼
Recurring financial charges65€2,812€2,014▼
Profit (loss) for the period before taxes9903€12,814€21,262▲
Profit (loss) for the period9904€12,814€21,262▲
Profit (loss) for the period to be appropriated9905€12,814€21,262▲
Appropriation of the result
Profit (loss) to be appropriated9906€12,814€34,076▲
Profit (loss) brought forward from the previous period14P-€12,814

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,205€6,409▲ 100%
Gross operating margin9900€15,393€26,156▲ 69.9%
Operating profit (loss)9901€12,188€19,747▲ 62.0%
Financial income75/76B€3,438€3,529▲ 2.7%
Recurring financial income75€3,438€3,529▲ 2.7%
Financial charges65/66B€2,812€2,014▼ 28.4%
Recurring financial charges65€2,812€2,014▼ 28.4%
Profit (loss) for the period before taxes9903€12,814€21,262▲ 65.9%
Profit (loss) for the period9904€12,814€21,262▲ 65.9%
Profit (loss) for the period to be appropriated9905€12,814€21,262▲ 65.9%
Line20222023Change
Assets
Total assets20/58€295,167€293,903▼ 0.4%
Fixed assets21/28€231,795€225,386▼ 2.8%
Tangible fixed assets22/27€231,795€225,386▼ 2.8%
Land and buildings22€231,795€225,386▼ 2.8%
Current assets29/58€63,371€68,516▲ 8.1%
Amounts receivable within one year40/41€63,371€68,516▲ 8.1%
Trade receivables40€11,787€0▼ 100%
Other amounts receivable41€51,584€68,516▲ 32.8%
Equity and liabilities
Total equity and liabilities10/49€295,167€293,903▼ 0.4%
Equity10/15€12,814€34,076▲ 166%
Profit (loss) carried forward14€12,814€34,076▲ 166%
Amounts payable17/49€282,353€259,827▼ 8.0%
Amounts payable after more than one year17€252,644€232,325▼ 8.0%
Financial debts170/4€252,644€232,325▼ 8.0%
Amounts payable within one year42/48€29,709€27,502▼ 7.4%
Current portion of amounts payable after more than one year42€22,276€23,034▲ 3.4%
Financial debts43€7,433€4,469▼ 39.9%
Credit institutions430/8€7,433€4,469▼ 39.9%
Line20222023Change
Profit (loss) for the period9904€12,814€21,262▲ 65.9%
+ Depreciation and write-downs630€3,205€6,409▲ 100%
Operating cash flow (approximation)€16,018€27,671▲ 72.7%
Investment in fixed assets (approximation)-€0-

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

2024
15-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 107 days late
2023
04-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 126 days late
NBB filing
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.

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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, Brussel · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
124 m²
Building footprint
98 m²
Volume, LiDAR
903 m³
Parcel 21819D0192/00G003, Brussels · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
MALAK.ZA
Frans Vekemansstraat 93, 1120 BrusselReal estate activities
since 20222.328.139.857
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21819D0192/00G003 Brussels 124 m² 1 · 98 m² 15.0 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

Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. 2,978 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formLimited partnership
Founded17-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
E-invoicing
Not found in the Peppol register

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Register as of 30 September 2026 · Peppol Directory

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