MALI & FRERES

Active

Private limited company (pre-2019)founded 2016active for 9 yearsAlsembergsesteenweg 842, 1180 Ukkel, Belgium309 active companies are registered at this addressKBO/BCE: BE 0667.711.475

Summary

The computed 12-month bankruptcy probability of MALI & FRERES is 7.4% (elevated). The 2024 annual accounts show equity of €44,641 and a net result of €5,616. Equity is growing by about 57% per year across the filed financial years. Its solvency ranks better than 44% of 6,613 sector peers (NACE 49, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

MALI & FRERESActiveChecked score 35/100

Risk analysis Report Compare

Activity

On-demand passenger transport by chauffeured vehicle

NACE 49330

2 sites

Size

€238,690turnover 2024

Staff: 1.9 FTE
Equity: €44,641
Profit: €5,616

Financial health

35 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 7.4%

Structure

2025 accounts not filed, 86 days past the deadline2 of 5 deeds summarised

Why 35raises riskFigures for financial year 2024 (filed 02-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 58 days late; 1 of the last 3 lateSector: Land transport and transport via pipelines (NACE 49)Size: turnover €238,690, total assets €140,017Show the evidence

Checked score

Score 2024

35 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 45% of its sector peers (NACE 49, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2022

Average

Solvency 57-5

equity 31.9% of total assets

Liquidity 40-23

short-term debt 29.1% · cash 1.2%

Profitability 75-4

return on assets 4.0%

Bankruptcy probability, 12 months

7.4% Elevated

0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,095 companies, NACE 49, micro)

Last 24 months 11-2024: 5.3% 12-2024: 5.9%▲ +0.6 percentage points vs 11-2024 01-2025: 7.5%▲ +1.6 percentage points vs 12-2024 02-2025: 7.3%▼ -0.2 percentage points vs 01-2025 03-2025: 7.4%▲ +0.1 percentage points vs 02-2025 04-2025: 6.8%▼ -0.6 percentage points vs 03-2025 05-2025: 6.8%● unchanged vs 04-2025 06-2025: 8.1%▲ +1.3 percentage points vs 05-2025 07-2025: 8.1%● unchanged vs 06-2025 08-2025: 10.3%▲ +2.2 percentage points vs 07-2025highest value 09-2025: 10.3%● unchanged vs 08-2025highest value 10-2025: 10.3%● unchanged vs 09-2025highest value 11-2025: 4.2%▼ -6.1 percentage points vs 10-2025 12-2025: 4.2%● unchanged vs 11-2025 01-2026: 4.2%● unchanged vs 12-2025 02-2026: 4.2%● unchanged vs 01-2026 03-2026: 4.4%▲ +0.2 percentage points vs 02-2026 04-2026: 4.5%▲ +0.1 percentage points vs 03-2026 05-2026: 4.4%▼ -0.1 percentage points vs 04-2026 06-2026: 4.1%▼ -0.3 percentage points vs 05-2026lowest value 07-2026: 4.2%▲ +0.1 percentage points vs 06-2026 08-2026: 4.8%▲ +0.6 percentage points vs 07-2026 09-2026: 5.4%▲ +0.6 percentage points vs 08-2026 10-2026: 7.4%▲ +2.0 percentage points vs 09-2026

Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity ample (current ratio 1.96, compared with 3.44 in 2022, above the usual 1.5; short-term debt: 29.1% and cash: 1.2% of total assets), but 68.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 49, micro): better than 44% on solvency, 37% on liquidity and 54% on profitability.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

raises risk

Figures for financial year 2024 (filed 02-10-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 58 days late; 1 of the last 3 late

NBB · filings

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Size: turnover €238,690, total assets €140,017

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.

NBB · 7 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline25-10-2026 today

2024 accounts filed 58 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 7 filings

Deviation from the deadline

2025

not filed

2024

58 days late

2022

63 days early

2021

11 days early

2020

10 days late

2019

34 days late

2018

12 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 3 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

06-10-2026 Resignation: DIAKITE Abdoul (director)Director discharge
24-06-2026 Appointment: DIAKITE Abdoul (director)Gazette deed
27-09-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
A director leftlatest change 28-09-2026 · 0 in office 1 left View
Turnover 20246 financial years filed €238,690 View

By topic

Financials

Financial year: 2024
Turnover: €238,690
Profit: €5,616
Solvency: 31.9%

Turnover▼ 0.9%

Net result

20182024

Go to Financials

Timeline

Events: 13
Since: 2018

29-05-2023Annual accounts filed
31-12-2022Liquidity more than triples
20-07-2022Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company (pre-2019)
Activity: On-demand passenger transport by chauffeured vehicleNACE 49330
Founded: 14-12-2016
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about MALI & FRERES

What is the company number of MALI & FRERES?: 0667.711.475. In Belgium the VAT number is the company number with BE in front: BE 0667.711.475.
Where is MALI & FRERES based?: The registered office is at Alsembergsesteenweg 842, 1180 Ukkel.Company details
What does MALI & FRERES do?: According to the KBO register, the main activity is on-demand passenger transport by chauffeured vehicle (NACE 49330).
What is the legal form of MALI & FRERES?: Private limited company (pre-2019) (BVBA).
When was MALI & FRERES founded?: On 14-12-2016.
Is MALI & FRERES still active?: Yes, MALI & FRERES is an active enterprise in the KBO register.
How many employees does MALI & FRERES have?: On average 1.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of MALI & FRERES?: €238,690 in financial year 2024, according to the filed annual accounts.
Is MALI & FRERES profitable?: In financial year 2024, MALI & FRERES made a profit of €5,616.
Where can I find the annual accounts of MALI & FRERES?: MALI & FRERES filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.