MALEJA
ActiveSummary
MALEJA has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €142k and a net result of €459k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability95▲+83
Solvency31▲+26
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 0.89 in 2023; short-term debt: 49% and cash: 3.4% of total assets), but 93.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9715 sector peers (2024).
NBB · sector comparisonPosition among 9715 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
84 d late
2021
86 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€142k
2023 · €-317k
2021: €-92k
2022: €-223k▼ -143% vs 2021
2023: €-317k▼ -41.9% vs 2022lowest in 4 years
2024: €142k▲ +145% vs 2023highest in 4 years
2021 → 2024
Total assets
€2.18M▲ 34.4%
2023 · €1.63M
2021: €107klowest in 4 years
2022: €858k▲ +699% vs 2021
2023: €1.63M▲ +89.4% vs 2022
2024: €2.18M▲ +34.4% vs 2023highest in 4 years
2021 → 2024
Net result
€459k
2023 · €-94k
2021: €-102k
2022: €-131k▼ -28.7% vs 2021lowest in 4 years
2023: €-94k▲ +28.8% vs 2022
2024: €459k▲ +590% vs 2023highest in 4 years
2021 → 2024
Working capital
€1.06M
2023 · €-191k
2021: €-92k
2022: €62k▲ +167% vs 2021
2023: €-191k▼ -407% vs 2022lowest in 4 years
2024: €1.06M▲ +658% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€-92k-€-223k▼ 143%€-317k▼ 41.9%€142k
2021: €-92k
2022: €-223k▼ -143% vs 2021
2023: €-317k▼ -41.9% vs 2022lowest in 4 years
2024: €142k▲ +145% vs 2023highest in 4 years
Operating result€-102k-€-132k▼ 28.7%€-93k▲ 28.9%€528k
2021: €-102k
2022: €-132k▼ -28.7% vs 2021lowest in 4 years
2023: €-93k▲ +28.9% vs 2022
2024: €528k▲ +664% vs 2023highest in 4 years
Net result€-102k-€-131k▼ 28.7%€-94k▲ 28.8%€459k
2021: €-102k
2022: €-131k▼ -28.7% vs 2021lowest in 4 years
2023: €-94k▲ +28.8% vs 2022
2024: €459k▲ +590% vs 2023highest in 4 years
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 2024: €528k after a loss of €93k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.18M
Fixed assets
€50k ▼ 21.4%
Current assets
€2.13M ▲ 36.6%
Equity and liabilities €2.18M
Equity
€142k
Debt
€2.04M
Debt finances 93.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€542k▲
2023 · €-84k
Cash flow
€474k▲
2023 · €-85k
Current ratio
1.99▲
2023 · 0.89
Quick ratio
1.01▲
2023 · 0.10
Debt to equity
14.39▲
2023 · -6.13
ROE
323.4%
ROA
21.0%▲
2023 · -5.8%
Interest coverage
31.64▲
2023 · -287.79
Debt ≤ 1 year
€1.07M▼
2023 · €1.75M
Debt > 1 year
€971k▲
2023 · €190k
Income taxes
€51k▲
2023 · €103
Staff costs
€180▲
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.63M€2.18M▲
Fixed assets21/28€63k€50k▼
Tangible fixed assets22/27€63k€50k▼
Furniture and vehicles24€63k€50k▼
Current assets29/58€1.56M€2.13M▲
Stocks and contracts in progress3€1.39M€1.05M▼
Contracts in progress37€1.39M€1.05M▼
Amounts receivable within one year40/41€5k€1.01M▲
Trade receivables40€0€1.01M▲
Other amounts receivable41€5k€9▼
Cash at bank and in hand54/58€163k€75k▼
Equity and liabilities
Total equity and liabilities10/49€1.63M€2.18M▲
Equity10/15€-317k€142k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-327k€132k▲
Amounts payable17/49€1.94M€2.04M▲
Amounts payable after more than one year17€190k€971k▲
Financial debts170/4€190k€971k▲
Amounts payable within one year42/48€1.75M€1.07M▼
Trade debts44€11k€48k▲
Suppliers440/4€11k€48k▲
Advances received on contracts in progress46€1.01M€0▼
Taxes, remuneration and social security45€11k€74k▲
Taxes450/3€11k€74k▲
Other amounts payable47/48€725k€948k▲
Income statement
Code20232024
Remuneration, social security and pensions62€0€180▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€15k▲
Other operating charges640/8€557€1k▲
Gross operating margin9900€-84k€544k▲
Operating profit (loss)9901€-93k€528k▲
Financial income75/76B€316€0▼
Recurring financial income75€316€0▼
Financial charges65/66B€294€17k▲
Recurring financial charges65€294€17k▲
Profit (loss) for the period before taxes9903€-93k€510k▲
Income taxes67/77€103€51k▲
Profit (loss) for the period9904€-94k€459k▲
Profit (loss) for the period to be appropriated9905€-94k€459k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-327k€132k▲
Profit (loss) brought forward from the previous period14P€-233k€-327k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €222 | €0 | €180 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €17 | €9k | €15k | ▲ 65.3% |
| Other operating charges640/8 | €3k | €10k | €557 | €1k | ▲ 113% |
| Gross operating margin9900 | €-99k | €-122k | €-84k | €544k | ▲ 748% |
| Operating profit (loss)9901 | €-102k | €-132k | €-93k | €528k | ▲ 664% |
| Financial income75/76B | €106 | €201 | €316 | €0 | ▼ 100% |
| Recurring financial income75 | €106 | €201 | €316 | €0 | ▼ 100% |
| Financial charges65/66B | €10 | €58 | €294 | €17k | ▲ 5,740% |
| Recurring financial charges65 | €10 | €58 | €294 | €17k | ▲ 5,740% |
| Profit (loss) for the period before taxes9903 | €-102k | €-131k | €-93k | €510k | ▲ 646% |
| Income taxes67/77 | - | - | €103 | €51k | ▲ 50,074% |
| Profit (loss) for the period9904 | €-102k | €-131k | €-94k | €459k | ▲ 590% |
| Profit (loss) for the period to be appropriated9905 | €-102k | €-131k | €-94k | €459k | ▲ 590% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €107k | €858k | €1.63M | €2.18M | ▲ 34.4% |
| Fixed assets21/28 | - | €1k | €63k | €50k | ▼ 21.4% |
| Tangible fixed assets22/27 | - | €1k | €63k | €50k | ▼ 21.4% |
| Furniture and vehicles24 | - | €1k | €63k | €50k | ▼ 21.4% |
| Current assets29/58 | €107k | €857k | €1.56M | €2.13M | ▲ 36.6% |
| Stocks and contracts in progress3 | €46k | €420k | €1.39M | €1.05M | ▼ 24.8% |
| Contracts in progress37 | €46k | €420k | €1.39M | €1.05M | ▼ 24.8% |
| Amounts receivable within one year40/41 | €6k | €404k | €5k | €1.01M | ▲ 19,975% |
| Trade receivables40 | - | €401k | €0 | €1.01M | - |
| Other amounts receivable41 | €6k | €3k | €5k | €9 | ▼ 99.8% |
| Cash at bank and in hand54/58 | €55k | €33k | €163k | €75k | ▼ 54.1% |
| Deferred charges and accrued income490/1 | €415 | €0 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €107k | €858k | €1.63M | €2.18M | ▲ 34.4% |
| Equity10/15 | €-92k | €-223k | €-317k | €142k | ▲ 145% |
| Contributions10/11 | €10k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €-102k | €-233k | €-327k | €132k | ▲ 140% |
| Amounts payable17/49 | €200k | €1.08M | €1.94M | €2.04M | ▲ 5.1% |
| Amounts payable after more than one year17 | - | €287k | €190k | €971k | ▲ 412% |
| Financial debts170/4 | - | €287k | €190k | €971k | ▲ 412% |
| Amounts payable within one year42/48 | €200k | €795k | €1.75M | €1.07M | ▼ 38.9% |
| Trade debts44 | - | €70k | €11k | €48k | ▲ 335% |
| Suppliers440/4 | - | €70k | €11k | €48k | ▲ 335% |
| Advances received on contracts in progress46 | - | €355k | €1.01M | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €25k | €11k | €74k | ▲ 574% |
| Taxes450/3 | - | €25k | €11k | €74k | ▲ 574% |
| Other amounts payable47/48 | €200k | €345k | €725k | €948k | ▲ 30.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-102k | €-131k | €-94k | €459k | ▲ 590% |
| + Depreciation and write-downs630 | - | €17 | €9k | €15k | ▲ 65.3% |
| Operating cash flow (approximation) | €-102k | €-131k | €-85k | €474k | ▲ 660% |
| Investment in fixed assets (approximation) | - | - | €-71k | €-1k | ▲ 98.2% |
| Change in cash | - | €-22k | €129k | €-88k | ▼ 168% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Back to profitnet €459k
Net result €459k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.99
Current ratio from 0.89 to 1.99; short-term debt falls from €1.75M to €1.07M.
31-12
Financial
Equity above €100kEq €142k
Equity rises from €-317k to €142k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
23-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 84 days late
2022
31-12
Financial
Weakest financial yearnet €-131k
Net result drops to €-131k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 1.08
Current ratio from 0.54 to 1.08.
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 86 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, Schoten · 1 establishment unit since 2021
Ground area
2,027 m²
Building footprint
183 m²
Volume, LiDAR
1,280 m³
Parcel 11040D0184/00Z010, Flanders · tallest building 8.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MALEJA
since 20212.311.370.240
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0184/00Z010 | Flanders | 2,027 m² | 1 · 183 m² | 8.3 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.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 5,354 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
Founded30-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68110Buying and selling of own real estate
68310Real estate agency activities
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.