MALAYA DESIGN
ActiveMALAYA DESIGN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €50k and a net result of €-15k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 15866 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-1
Solvency76▲+15
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 1.66 against 1.46 in 2023), but 60.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
39.9%
Return on assets
-12.2%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
91 d late
2022
92 d late
2021
390 d late
2020
122 d late
2019
119 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€50k▼ 23.4%
2023 · €66k
2018: €34k
2019: €42k
2020: €46k
2021: €59k
2022: €66k
2023: €66k
2018 → 2024
Total assets
€126k▼ 38.5%
2023 · €205k
2018: €119k
2019: €124k
2020: €154k
2021: €193k
2022: €197k
2023: €205k
2018 → 2024
Net result
€-15k
2023 · €189
2018: €15k
2019: €8k
2020: €4k
2021: €13k
2022: €6k
2023: €189
2018 → 2024
Working capital
€50k▼ 22.3%
2023 · €65k
2018: €29k
2019: €37k
2020: €41k
2021: €56k
2022: €63k
2023: €65k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€46k-€59k▲ 29.5%€66k▲ 10.6%€66k▲ 0.3%€50k▼ 23.4%
Operating result€5k-€24k▲ 414%€13k▼ 44.0%€3k▼ 74.2%€-11k
Net result€4k-€13k▲ 281%€6k▼ 53.3%€189▼ 97.0%€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €3k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €126k
Fixed assets
€167▼ 85.7%
Current assets
€126k▼ 38.2%
Equity and liabilities €126k
Equity
€50k▼ 23.4%
Debt
€76k▼ 45.6%
The debt ratio falls from 67.9% to 60.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-10k▼
2023 · €4k
Cash flow
€-14k▼
2023 · €1k
Solvency
39.9%▲
2023 · 32.1%
Current ratio
1.66▲
2023 · 1.46
Quick ratio
0.35▼
2023 · 0.75
Debt / equity
1.51▼
2023 · 2.12
ROE
-30.6%▼
2023 · 0.3%
ROA
-12.2%▼
2023 · 0.1%
Interest coverage
-2.37▼
2023 · 1.73
Debt
€76k▼
2023 · €139k
Debt ≤ 1 year
€76k▼
2023 · €139k
Income taxes
€2k▲
2023 · €1k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€205k€126k▼
Fixed assets21/28€1k€167▼
Tangible fixed assets22/27€1k€167▼
Leasing and similar rights25€1k€167▼
Current assets29/58€204k€126k▼
Stocks and contracts in progress3€100k€100k=
Stocks30/36€42k€42k=
Contracts in progress37€58k€58k=
Amounts receivable within one year40/41€102k€26k▼
Trade receivables40€90k€19k▼
Other amounts receivable41€12k€7k▼
Cash at bank and in hand54/58€2k€268▼
Deferred charges and accrued income490/1€188€307▲
Equity and liabilities
Total equity and liabilities10/49€205k€126k▼
Equity10/15€66k€50k▼
Contributions10/11€19k€19k=
Reserves13€47k€47k=
Distributable reserves133€47k€47k=
Profit (loss) carried forward14-€-15k
Amounts payable17/49€139k€76k▼
Amounts payable within one year42/48€139k€76k▼
Financial debts43€10k€109▼
Credit institutions430/8€10k€109▼
Trade debts44€37k€21k▼
Suppliers440/4€37k€21k▼
Taxes, remuneration and social security45€38k€30k▼
Taxes450/3€38k€29k▼
Remuneration and social security454/9€0€1k▲
Other amounts payable47/48€54k€24k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€10k€8k▼
Gross operating margin9900€14k€-2k▼
Operating profit (loss)9901€3k€-11k▼
Financial income75/76B€438€1k▲
Recurring financial income75€438€1k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€1k€-13k▼
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€189€-15k▼
Profit (loss) for the period to be appropriated9905€189€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€189€-15k▼
Transfer to equity691/2€189€0▼
To other reserves6921€189€0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Weakest financial yearnet €-15k ▼8245%
Net result drops to €-15k, the lowest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 390 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herentals · 1 establishment unit since 2010
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.
Diamantstraat (HRT) 82200 HerentalsGround area
1.2 ha
Building footprint
3,044 m²
Volume, LiDAR
52,510 m³
Parcel 13027A0065/00F002, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
MALAYA DESIGNS
since 20102.190.585.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0065/00F002 | Flanders | 1.2 ha | 1 · 3,044 m² | 24.1 m · 6 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.
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Of 332 companies in sector 46471 we hold annual accounts for 188. 130 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-07-2010
Fiscal year end31-12
Activities, NACEBEL
46471Wholesale trade
46473Wholesale trade
47551Retail sale of household furniture
47552Retail sale of lighting equipment
47559Retail sale of other household articles
47591Retail trade
47592Retail trade
47599Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.malayadesign.be
E-mail:info@malayadesign.be