Malamat
ActiveSummary
Malamat has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-25
Solvency42▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.64 against 1.39 in 2024; short-term debt: 35% and cash: 2.4% of total assets), but 83.1% of the assets are financed with debt.
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Signals
Six 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.9%
Return on assets
7.9%
Age of the figures
12 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 21%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €36k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
43 d early
2022
48 d early
2021
3 d early
2020
1 d early
2019
34 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€36k▲ 88.4%
2024 · €19k
Total assets
€214k▲ 263%
2024 · €59k
Net result
€17k▼ 9.8%
2024 · €19k
Working capital
€123k▲ 699%
2024 · €15k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-3k€-9k▼ 240%€2k€22k▲ 856%€27k▲ 22.1%
Net result€-4k€-19k▼ 410%€31€19k▲ 60,458%€17k▼ 9.8%
Equity€19k▲ 122%€364▼ 98.1%€395▲ 8.5%€19k▲ 4,753%€36k▲ 88.4%
Total assets€84k▲ 35.8%€68k▼ 19.3%€87k▲ 27.5%€59k▼ 31.8%€214k▲ 263%
Debt€65k▲ 21.9%€68k▲ 3.9%€86k▲ 27.6%€40k▼ 53.7%€178k▲ 347%
Working capital€-16k€-9k▲ 44.6%€-9k▼ 6.0%€15k€123k▲ 699%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 22% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €214k
Fixed assets
€16k ▲ 333%
Current assets
€198k ▲ 258%
Equity and liabilities €214k
Equity
€36k ▲ 88.4%
Debt
€178k ▲ 347%
Debt's share of the balance-sheet total rises from 67.5% to 83.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€30k▼
2024 · €36k
Cash flow
€20k▼
2024 · €33k
Current ratio
2.64▲
2024 · 1.39
Debt to equity
4.93▲
2024 · 2.08
ROE
46.9%▼
2024 · 97.9%
ROA
7.9%▼
2024 · 31.8%
Interest coverage
5.53▲
2024 · -17.94
Debt ≤ 1 year
€75k▲
2024 · €40k
Debt > 1 year
€103k
Income taxes
€4k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €18k | €18k | €14k | €3k | ▼ 77.7% |
| Other operating charges640/8 | €4k | €765 | €419 | €872 | €1k | ▲ 33.7% |
| Gross operating margin9900 | €19k | €10k | €20k | €37k | €31k | ▼ 15.9% |
| Operating profit (loss)9901 | €-3k | €-9k | €2k | €22k | €27k | ▲ 22.1% |
| Financial income75/76B | €30 | €89 | €222 | €258 | €134 | ▼ 48.0% |
| Recurring financial income75 | €30 | €89 | €222 | €258 | €134 | ▼ 48.0% |
| Financial charges65/66B | €423 | €7k | €2k | €-2k | €5k | ▲ 369% |
| Recurring financial charges65 | €423 | €7k | €2k | €-2k | €5k | ▲ 369% |
| Profit (loss) for the period before taxes9903 | €-3k | €-16k | €270 | €24k | €21k | ▼ 11.2% |
| Transfer from deferred taxes780 | €0 | - | - | - | - | - |
| Transfer to deferred taxes680 | €0 | - | - | - | - | - |
| Income taxes67/77 | €745 | €3k | €239 | €5k | €4k | ▼ 16.3% |
| Profit (loss) for the period9904 | €-4k | €-19k | €31 | €19k | €17k | ▼ 9.8% |
| Transfer from tax-exempt reserves789 | €0 | - | - | - | - | - |
| Transfer to tax-exempt reserves689 | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €-4k | €-19k | €31 | €19k | €17k | ▼ 9.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84k | €68k | €87k | €59k | €214k | ▲ 263% |
| Fixed assets21/28 | €56k | €34k | €16k | €4k | €16k | ▲ 333% |
| Tangible fixed assets22/27 | €56k | €34k | €16k | €4k | €1k | ▼ 60.7% |
| Furniture and vehicles24 | €56k | €34k | €16k | €4k | €1k | ▼ 60.7% |
| Financial fixed assets28 | - | - | - | - | €15k | - |
| Current assets29/58 | €28k | €34k | €70k | €55k | €198k | ▲ 258% |
| Amounts receivable after more than one year29 | - | - | - | €20k | €20k | = |
| Other amounts receivable291 | - | - | - | €20k | €20k | = |
| Amounts receivable within one year40/41 | €25k | €15k | €30k | €15k | €146k | ▲ 888% |
| Trade receivables40 | €13k | €12k | €30k | €15k | - | - |
| Other amounts receivable41 | €12k | €3k | €250 | - | €146k | - |
| Current investments50/53 | €3k | €18k | €17k | €20k | €27k | ▲ 39.0% |
| Cash at bank and in hand54/58 | €764 | €1k | €23k | €1k | €5k | ▲ 401% |
| Deferred charges and accrued income490/1 | €149 | €99 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84k | €68k | €87k | €59k | €214k | ▲ 263% |
| Equity10/15 | €19k | €364 | €395 | €19k | €36k | ▲ 88.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €515 | €-18k | €-18k | €569 | €18k | ▲ 2,977% |
| Amounts payable17/49 | €65k | €68k | €86k | €40k | €178k | ▲ 347% |
| Amounts payable after more than one year17 | €20k | €24k | €7k | - | €103k | - |
| Financial debts170/4 | €20k | €24k | €7k | - | €103k | - |
| Amounts payable within one year42/48 | €44k | €42k | €79k | €40k | €75k | ▲ 88.0% |
| Current portion of amounts payable after more than one year42 | €6k | €16k | €17k | €6k | €19k | ▲ 225% |
| Trade debts44 | €3k | €8k | €2k | €22k | €33k | ▲ 52.4% |
| Suppliers440/4 | €3k | €8k | €2k | €22k | €4k | ▼ 81.2% |
| Bills of exchange payable441 | - | - | - | - | €29k | - |
| Taxes, remuneration and social security45 | €6k | €4k | €10k | €6k | - | - |
| Taxes450/3 | €6k | €4k | €10k | €6k | - | - |
| Other amounts payable47/48 | €29k | €14k | €50k | €6k | €24k | ▲ 272% |
| Accrued charges and deferred income492/3 | €910 | €550 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €-19k | €31 | €19k | €17k | ▼ 9.8% |
| + Depreciation and write-downs630 | €18k | €18k | €18k | €14k | €3k | ▼ 77.7% |
| Operating cash flow (approximation) | €14k | €-734 | €18k | €33k | €20k | ▼ 38.8% |
| Investment in fixed assets (approximation) | - | €4k | €0 | €-1k | €-16k | ▼ 1,060% |
| Change in cash | - | €605 | €21k | €-22k | €4k | ▲ 119% |
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
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2019net €19k ▲60,458%
Net result €19k, the highest in the series.
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €31
Net result €31 after 2 loss-making years.
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
30-09
Financial
Liquidity triplescurrent ratio 1.39
Current ratio from 0.43 to 1.39; short-term debt falls from €51k to €26k.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
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.
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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, Wemmel · 1 establishment unit since 2018
Ground area
1,148 m²
Building footprint
258 m²
Volume, LiDAR
1,565 m³
2 parcels, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Malamat
since 20182.275.580.111
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22005A0744/02A002 | Flanders | 1,061 m² | 1 · 170 m² | 8.7 m · 2 fl. |
| 23084A0466/00C002 | Flanders | 87 m² | 1 · 88 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 443 EUR awarded · 441 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 225 EUR | 225 EUR |
| 2023 | 1 | 218 EUR | 216 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500CZDTYX5X2JEA14
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 35,905 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
Founded18-04-2018
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
77110Renting and leasing of cars and light motor vehicles
Scores and ratios are computed by Checked and are not a credit decision.