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MALIBRI

Active
Private limited companyfounded 20233 yrs activeKapelleommegang 15, 9310 Aalst, BelgiumKBO/BCE: BE 0802.216.625
Summary

The computed 12-month bankruptcy probability of MALIBRI is 3.0% (moderate). The 2025 annual accounts show negative equity (-€26,721) and a net result of -€32,928. Its solvency ranks better than 19% of 18537 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability12▲+1
Solvency18▼-9
Growth32
Track record94
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6 against 0.74 in 2024; short-term debt: 92.6% and cash: 6.5% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-7.2%
Return on assets
-8.9%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€26,721
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 2 filings
Deviation from the deadline
2025
2 d late
2024
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 1 day after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 30 May 2023, MALIBRI was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€26,721
2024 · €6,207
Total assets
€369,885▼ 2.2%
2024 · €378,185
Net result
-€32,928▼ 38.4%
2024 · -€23,793
Working capital
-€137,009▼ 70.3%
2024 · -€80,439
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€20,344--€22,326▼ 9.7%
Net result-€23,793below the sector's middle half--€32,928below the sector's middle half▼ 38.4%
Equity€6,207below the sector's middle half--€26,721below the sector's middle half
Total assets€378,185below the sector's middle half-€369,885above the sector's middle half▼ 2.2%
Debt€371,979-€396,606▲ 6.6%
Working capital-€80,439--€137,009▼ 70.3%
Solvency1.6%below the sector's middle half--7.2%below the sector's middle half▼ 8.9pp
Staff (FTE)6.3within the sector's middle half-4.6▼ 27.0%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2024: -€20,344-€20,344Net result 2024: -€23,793-€23,793Operating result 2025: -€22,326-€22,326Net result 2025: -€32,928-€32,92820242025-€40,000-€30,000-€20,000-€10,000€0Operating result 2024: -€20,344-€20,300Net result 2024: -€23,793-€23,800Operating result 2025: -€22,326-€22,300Net result 2025: -€32,928-€32,90020242025
The operating result stays negative: a loss of €22,326 in 2025 against €20,344 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €369,885
Fixed assets €164,241 ▲ 8.1%
Current assets €205,644 ▼ 9.1%
Key figures and ratios
2025 value · change against 2024
EBITDA
€6,345▲
2024 · -€2,661
Cash flow
-€4,257▲
2024 · -€6,110
Current ratio
0.60▼
2024 · 0.74
Quick ratio
0.13▼
2024 · 0.23
Debt to equity
-14.84▼
2024 · 59.93
ROA
-8.9%▼
2024 · -6.3%
Interest coverage
0.58▲
2024 · -0.73
Debt ≤ 1 year
€342,653▲
2024 · €306,726
Debt > 1 year
€53,953▼
2024 · €65,252
Staff costs
€119,552▼
2024 · €155,789
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,554 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.1% went bankrupt
3.5% stopped otherwise
91% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,554 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€378,185€369,885▼
Fixed assets21/28€151,898€164,241▲
Tangible fixed assets22/27€151,898€164,241▲
Plant, machinery and equipment23€9,736€15,907▲
Furniture and vehicles24€463€869▲
Other tangible fixed assets26€141,698€147,464▲
Current assets29/58€226,288€205,644▼
Stocks and contracts in progress3€155,632€160,580▲
Stocks30/36€155,632€160,580▲
Amounts receivable within one year40/41€10,547€13,270▲
Trade receivables40€1,979€1,002▼
Other amounts receivable41€8,568€12,269▲
Cash at bank and in hand54/58€43,471€24,215▼
Deferred charges and accrued income490/1€16,638€7,579▼
Equity and liabilities
Total equity and liabilities10/49€378,185€369,885▼
Equity10/15€6,207-€26,721▼
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€23,793-€56,721▼
Amounts payable17/49€371,979€396,606▲
Amounts payable after more than one year17€65,252€53,953▼
Financial debts170/4€65,252€53,953▼
Amounts payable within one year42/48€306,726€342,653▲
Current portion of amounts payable after more than one year42€11,062€11,300▲
Financial debts43€34,668€22,237▼
Credit institutions430/8€34,668€22,237▼
Trade debts44€233,100€287,105▲
Suppliers440/4€233,100€287,105▲
Taxes, remuneration and social security45€27,897€22,013▼
Taxes450/3€2,044€1,222▼
Remuneration and social security454/9€25,852€20,791▼
Income statement Code20242025
Remuneration, social security and pensions62€155,789€119,552▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,683€28,671▲
Other operating charges640/8€13,109€361▼
Gross operating margin9900€166,237€126,258▼
Operating profit (loss)9901-€20,344-€22,326▼
Financial income75/76B€201€404▲
Recurring financial income75€201€404▲
Financial charges65/66B€3,650€11,006▲
Recurring financial charges65€3,650€11,006▲
Profit (loss) for the period before taxes9903-€23,793-€32,928▼
Profit (loss) for the period9904-€23,793-€32,928▼
Profit (loss) for the period to be appropriated9905-€23,793-€32,928▼
Appropriation of the result
Profit (loss) to be appropriated9906-€23,793-€56,721▼
Profit (loss) brought forward from the previous period14P--€23,793
Social balance
Average headcount (FTE)90876.3-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€155,789€119,552▼ 23.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,683€28,671▲ 62.1%
Other operating charges640/8€13,109€361▼ 97.2%
Gross operating margin9900€166,237€126,258▼ 24.0%
Operating profit (loss)9901-€20,344-€22,326▼ 9.7%
Financial income75/76B€201€404▲ 101%
Recurring financial income75€201€404▲ 101%
Financial charges65/66B€3,650€11,006▲ 202%
Recurring financial charges65€3,650€11,006▲ 202%
Profit (loss) for the period before taxes9903-€23,793-€32,928▼ 38.4%
Profit (loss) for the period9904-€23,793-€32,928▼ 38.4%
Profit (loss) for the period to be appropriated9905-€23,793-€32,928▼ 38.4%
Line20242025Change
Assets
Total assets20/58€378,185€369,885▼ 2.2%
Fixed assets21/28€151,898€164,241▲ 8.1%
Tangible fixed assets22/27€151,898€164,241▲ 8.1%
Plant, machinery and equipment23€9,736€15,907▲ 63.4%
Furniture and vehicles24€463€869▲ 87.7%
Other tangible fixed assets26€141,698€147,464▲ 4.1%
Current assets29/58€226,288€205,644▼ 9.1%
Stocks and contracts in progress3€155,632€160,580▲ 3.2%
Stocks30/36€155,632€160,580▲ 3.2%
Amounts receivable within one year40/41€10,547€13,270▲ 25.8%
Trade receivables40€1,979€1,002▼ 49.4%
Other amounts receivable41€8,568€12,269▲ 43.2%
Cash at bank and in hand54/58€43,471€24,215▼ 44.3%
Deferred charges and accrued income490/1€16,638€7,579▼ 54.4%
Equity and liabilities
Total equity and liabilities10/49€378,185€369,885▼ 2.2%
Equity10/15€6,207-€26,721▼ 531%
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€23,793-€56,721▼ 138%
Amounts payable17/49€371,979€396,606▲ 6.6%
Amounts payable after more than one year17€65,252€53,953▼ 17.3%
Financial debts170/4€65,252€53,953▼ 17.3%
Amounts payable within one year42/48€306,726€342,653▲ 11.7%
Current portion of amounts payable after more than one year42€11,062€11,300▲ 2.1%
Financial debts43€34,668€22,237▼ 35.9%
Credit institutions430/8€34,668€22,237▼ 35.9%
Trade debts44€233,100€287,105▲ 23.2%
Suppliers440/4€233,100€287,105▲ 23.2%
Taxes, remuneration and social security45€27,897€22,013▼ 21.1%
Taxes450/3€2,044€1,222▼ 40.2%
Remuneration and social security454/9€25,852€20,791▼ 19.6%
Line20242025Change
Profit (loss) for the period9904-€23,793-€32,928▼ 38.4%
+ Depreciation and write-downs630€17,683€28,671▲ 62.1%
Operating cash flow (approximation)-€6,110-€4,257▲ 30.3%
Investment in fixed assets (approximation)--€41,014-
Change in cash--€19,256-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
02-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
31-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
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, Aalst · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
351 m²
Building footprint
94 m²
Volume, LiDAR
548 m³
Parcel 41026B0764/00P000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MALIBRI
Kapelleommegang 15, 9310 AalstRetail trade
since 20232.345.508.203
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41026B0764/00P000 Flanders 351 m² 1 · 94 m² 10.1 m · 2 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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

The accounts to 30-06-2024 list no holdings, and no other source names one.

According to the annual accounts to 30-06-2024 of MALIBRI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 1,065 EUR awarded · 1,065 EUR paid
Year Entries awardedpaid
2025 1 1,065 EUR1,065 EUR
Schemes
1 entry · 1,065 EUR · 1,065 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Similar companies · same sector, comparable size

Of 10,510 companies in sector 47110 we hold annual accounts for 5,853. 2,884 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
Founded30-05-2023
Fiscal year end30-06
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802216625
Also 9925:BE0802216625
Registered 19-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.