MALAMO
ActiveMALAMO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €246k and a net result of €53k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 37% of 9167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+42
Solvency44▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.16 in 2024; short-term debt: 41.4% and cash: 0.6% of total assets), and 81.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Sector 68
lower
← 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
18.7%
Return on assets
4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-05-2026, 62 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
62 d early
2024
51 d early
2023
57 d early
2022
61 d early
2021
47 d early
2020
38 d early
2019
46 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€246k▲ 27.7%
2024 · €193k
2018: €74k
2019: €146k
2020: €174k
2021: €222k
2022: €234k
2023: €250k
2024: €193k
2018 → 2025
Total assets
€1.32M▼ 4.9%
2024 · €1.39M
2018: €1.57M
2019: €1.85M
2020: €1.99M
2021: €2.63M
2022: €2.60M
2023: €1.92M
2024: €1.39M
2018 → 2025
Net result
€53k
2024 · €-57k
2018: €-993
2019: €72k
2020: €28k
2021: €48k
2022: €13k
2023: €16k
2024: €-57k
2018 → 2025
Working capital
€-520k▲ 0.8%
2024 · €-524k
2018: €50k
2019: €32k
2020: €-144k
2021: €-307k
2022: €-383k
2023: €-450k
2024: €-524k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€222k-€234k▲ 5.7%€250k▲ 6.7%€193k▼ 22.8%€246k▲ 27.7%
Operating result€91k-€54k▼ 41.3%€72k▲ 33.2%€-27k€64k
Net result€48k-€13k▼ 73.8%€16k▲ 25.1%€-57k€53k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €64k after a loss of €27k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.32M
Fixed assets
€1.29M▲ 0.1%
Current assets
€26k▼ 72.5%
Equity and liabilities €1.32M
Equity
€246k▲ 27.7%
Debt
€1.07M▼ 10.2%
The debt ratio falls from 86.1% to 81.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €-27k
Cash flow
€54k▲
2024 · €-57k
Solvency
18.7%▲
2024 · 13.9%
Current ratio
0.05▼
2024 · 0.16
Quick ratio
0.05▼
2024 · 0.16
Debt / equity
4.36▼
2024 · 6.20
ROE
21.7%▲
2024 · -29.6%
ROA
4.0%▲
2024 · -4.1%
Interest coverage
3.87▲
2024 · -0.90
Debt
€1.07M▼
2024 · €1.20M
Debt ≤ 1 year
€547k▼
2024 · €621k
Debt > 1 year
€526k▼
2024 · €574k
Income taxes
€17▼
2024 · €191
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.39M€1.32M▼
Fixed assets21/28€1.29M€1.29M▲
Tangible fixed assets22/27€1.29M€1.29M▲
Land and buildings22€1.29M€1.29M▲
Furniture and vehicles24€1k€948▼
Current assets29/58€96k€26k▼
Amounts receivable within one year40/41€6k€18k▲
Trade receivables40€4k€15k▲
Other amounts receivable41€2k€2k▲
Current investments50/53€28k-
Cash at bank and in hand54/58€58k€7k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.39M€1.32M▼
Equity10/15€193k€246k▲
Contributions10/11€169k€169k=
Profit (loss) carried forward14€24k€78k▲
Amounts payable17/49€1.20M€1.07M▼
Amounts payable after more than one year17€574k€526k▼
Financial debts170/4€574k€526k▼
Amounts payable within one year42/48€621k€547k▼
Current portion of amounts payable after more than one year42€47k€48k▲
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€562k€494k▼
Accrued charges and deferred income492/3€861€900▲
Income statement
Code20242025
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€518€368▼
Other operating charges640/8€8k€6k▼
Non-recurring operating charges66A€49k-
Gross operating margin9900€29k€70k▲
Operating profit (loss)9901€-27k€64k▲
Financial income75/76B-€6k
Recurring financial income75-€6k
Financial charges65/66B€30k€17k▼
Recurring financial charges65€30k€17k▼
Profit (loss) for the period before taxes9903€-57k€53k▲
Income taxes67/77€191€17▼
Profit (loss) for the period9904€-57k€53k▲
Profit (loss) for the period to be appropriated9905€-57k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€78k▲
Profit (loss) brought forward from the previous period14P€81k€24k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
31-12
Financial
Equity above €200kEq €246k ▲27.7%
Equity rises from €193k to €246k.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-57k ▼463%
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €222k ▲27.5%
3 profitable years in a row build equity to €222k.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €174k ▲18.9%
2 profitable years in a row build equity to €174k.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €72k
Net result €72k after one loss-making year.
31-12
Financial
Equity above €100kEq €146k ▲98.3%
Equity rises from €74k to €146k.
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ninove · 1 establishment unit since 2014
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.
Vuurkruisersstraat 119400 NinoveGround area
5,703 m²
Building footprint
3,902 m²
Volume, LiDAR
43,347 m³
Parcel 41362B1604/00V000, Flanders · tallest building 21.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MALAMO
since 20142.232.170.235
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B1604/00V000 | Flanders | 5,703 m² | 1 · 3,902 m² | 21.6 m · 4 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
KolibriC
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Masset Projects
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WOLCO
BE 0550.956.139
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COGHEN 77
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Habitat & Humanisme Development Belgium
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,381. 5,243 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2014
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
64200Holdings
64210Activities of holding companies
77391Rental and leasing activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.