MALAX Engineering
ActiveSummary
MALAX Engineering has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77,388 and a net result of €48,221. Its solvency ranks better than 65% of 11,771 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-04-2024 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 2 others
- Establishment unit
- 2.358.387.229 1980 Zemst, since 03-04-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 06-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €63,888
- ▲ 61.3%
- Turnover
- ≈ €140,000
- estimated
- Profit
- €48,221
- ▲ 64.2%
- Equity
- €77,388
- ▲ 158%
- Total assets
- €114,226
- ▲ 127%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 2.70, cash €81,462Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €77,388 (67.7% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 66% of them on solvency, 78% on liquidity, 88% on profitability and 95% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 30 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00467974.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is 63% higher than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €2,922 | €19,191 |
| Depreciation and write-downs of the year | €2,393 | €3,088 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,393 | €3,088 | ▲ 29.1% |
| Other operating charges640/8 | €71 | €387 | ▲ 444% |
| Gross operating margin9900 | €39,605 | €63,888 | ▲ 61.3% |
| Operating profit (loss)9901 | €37,141 | €60,413 | ▲ 62.7% |
| Financial charges65/66B | €27 | €39 | ▲ 46.5% |
| Recurring financial charges65 | €27 | €39 | ▲ 46.5% |
| Profit (loss) for the period before taxes9903 | €37,114 | €60,374 | ▲ 62.7% |
| Income taxes67/77 | €7,755 | €12,153 | ▲ 56.7% |
| Profit (loss) for the period9904 | €29,359 | €48,221 | ▲ 64.2% |
| Profit (loss) for the period to be appropriated9905 | €29,359 | €48,221 | ▲ 64.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €50,348 | €114,226 | ▲ 127% |
| Fixed assets21/28 | €2,803 | €18,905 | ▲ 575% |
| Tangible fixed assets22/27 | €2,803 | €18,905 | ▲ 575% |
| Plant, machinery and equipment23 | €1,918 | €1,532 | ▼ 20.1% |
| Furniture and vehicles24 | €884 | €17,373 | ▲ 20× |
| Current assets29/58 | €47,546 | €95,321 | ▲ 100% |
| Stocks and contracts in progress3 | - | €9,000 | - |
| Contracts in progress37 | - | €9,000 | - |
| Cash at bank and in hand54/58 | €47,546 | €81,462 | ▲ 71.3% |
| Deferred charges and accrued income490/1 | - | €4,859 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €50,348 | €114,226 | ▲ 127% |
| Equity10/15 | €30,000 | €77,388 | ▲ 158% |
| Contributions10/11 | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | €28,500 | €75,888 | ▲ 166% |
| Amounts payable17/49 | €20,348 | €36,839 | ▲ 81.0% |
| Amounts payable within one year42/48 | €19,598 | €35,339 | ▲ 80.3% |
| Trade debts44 | €5,113 | €15,058 | ▲ 195% |
| Suppliers440/4 | €5,113 | €15,058 | ▲ 195% |
| Taxes, remuneration and social security45 | €10,943 | €17,029 | ▲ 55.6% |
| Taxes450/3 | €10,943 | €17,029 | ▲ 55.6% |
| Other amounts payable47/48 | €3,543 | €3,252 | ▼ 8.2% |
| Accrued charges and deferred income492/3 | €750 | €1,500 | ▲ 100% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €29,359 | €48,221 | ▲ 64.2% |
| + Depreciation and write-downs630 | €2,393 | €3,088 | ▲ 29.1% |
| Operating cash flow (approximation) | €31,752 | €51,309 | ▲ 61.6% |
| Investment in fixed assets (approximation) | - | -€19,191 | - |
| Change in cash | - | €33,917 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as MALAX Engineering has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of MALAX Engineering itself is lower: < 0.1% within 12 months. It rests on far more data about MALAX Engineering than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for MALAX Engineering. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- LAUWERS Maxime 150 shares (100%) · €1,500 in cash
Capital transactions
- 05-04-2024 Incorporation · €1,500 · 150 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, algemene vergadering bepaalt aantal,duur en bij meerdere bevoegdheid”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft ten laste van overdrager en helft ten laste van koper(s),naar evenredigheid van verworven aantal…”“Na aftrek van rechten waarvan overdracht is voorgesteld, bij overgang door erfenis op twee of meer rechtverkrijgenden”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 05-04-2024 (in Dutch)
Network & group
MALAX Engineering shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of MALAX Engineering. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
05-04
Gazette deed
IncorporationStarting capital €1,500 · Appointment: LAUWERS Maxime (director) · Founder10 points ▸
- Incorporation, 26-03-2024
- Founder, LAUWERS Maxime
- Founding capital, €1,500
- Capital
- Registered office clause, “1980 Zemst, Kreupelstraat 23, neerlegging ter griffie van een uitgifte van de oprichtingsakte” (deed in Dutch)
- Board rule, 1
- Director appointment, LAUWERS Maxime (director (not named in the articles))
- Other provision, “uitoefening functie niet verboden” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Power of attorney, Filip Huygens
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 3 April 2024, MALAX Engineering was incorporated as a private limited company by one natural person, with a starting capital of €1,500.12 LAUWERS Maxime is director of the company, appointed in the act of 05-04-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
21 activities
- Ingenieursactiviteiten in de breedste zin van het woord.
- Het verlenen van bouwkundige adviezen aan particulieren,ondernemingen en publieke instellingen.
- Een advies- en studiebureau voor expertise en advies inzake veiligheid,energie,stabiliteit,akoestiek,technieken,milieu en technische vraagstukken in de bouwsector.
- Advies verlenen aan particulieren,ondernemingen en publieke instellingen bij het vervullen van allerlei administratieve verplichtingen.
- Coördineren en begeleiden van bouwprojecten.
- Verstrekken van milieudeskundige adviezen.
- Begeleiden van bouwdossiers inzake energie en energiebeheer,waaronder de EPB-regelgeving en het uitvoeren van energie-audits.
- Opmaken van haalbaarheidsstudies en lichtstudies.
- Uitvoeren van ventilatieverslaggeving.
- Uitvoeren van luchtdichtheidsmetingen en thermografische metingen.
- Verlenen van bijstand en diensten,rechtstreeks of onrechtstreeks op het vlak van administratie,financiën,verkoop en productie.
- “Business consultancy en project management” in de breedste zin van het woord.
- Het geven van opleidingen,advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven,de vertegenwoordiging en het optreden als commercieel tussenpersoon.
- Het verlenen van diensten van organisatie bij events voor bedrijven,organisaties,groepen en particulieren.
- Het verlenen van bijstand,advies en leiding aan bedrijven,particulieren en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis.
- Het verwerven en aanhouden van participaties in bestaande en nog op te richten ondernemingen,het beheren,valoriseren en te gelde maken van deze participaties.
- Het aan- en verkopen,huren en verhuren,beheren en renoveren van onroerende goederen voor eigen beheer.
- Aan- en verkoop,huren en verhuren van roerende en onroerende goederen.
- Het verstrekken van diensten in verband met klant en licht zoals onder meer alle diensten die een diskjockey verstrekt.
- Beoefening van uitvoerende kunsten door artistieke ensembles
- Het organiseren van feesten,evenementen,beurzen,seminaries,alsook het coördineren en opvolgen van zulke evenementen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23020B0226/00S000 | Flanders | 408 m² | 1 · 86 m² | 11.1 m · 2 |