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MALIHAM CONSTRUCT

Active
Private limited companyfounded 20251 yr activeSteenweg op Mechelen 455/1, 1950 Kraainem, BelgiumKBO/BCE: BE 1023.558.549
Summary

MALIHAM CONSTRUCT has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,606 and a net result of €48,606. Its solvency ranks better than 40% of 7833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency63
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.08; short-term debt: 27.5% and cash: 52.7% of total assets), but 62% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
38%
Return on assets
35.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 1 filing
Deviation from the deadline
2025
27 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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 21 May 2025, MALIHAM CONSTRUCT was incorporated as a Private limited company.1 The company has filed annual accounts once, 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
€51,606
Total assets
€135,962
Net result
€48,606
Working capital
€40,278

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €135,962
Fixed assets €58,243
Current assets €77,719
Equity and liabilities €135,962
Equity €51,606
Debt €84,356
Debt finances 62.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€65,395
Cash flow
€52,186
Current ratio
2.08
Debt to equity
1.63
ROE
94.2%
ROA
35.7%
Interest coverage
61.85
Debt ≤ 1 year
€37,441
Debt > 1 year
€46,916
Income taxes
€12,151

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 11,280 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 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€135,962
Fixed assets21/28€58,243
Tangible fixed assets22/27€58,243
Plant, machinery and equipment23€58,243
Current assets29/58€77,719
Amounts receivable within one year40/41€4,348
Trade receivables40€561
Other amounts receivable41€3,787
Cash at bank and in hand54/58€71,674
Deferred charges and accrued income490/1€1,697
Equity and liabilities
Total equity and liabilities10/49€135,962
Equity10/15€51,606
Contributions10/11€3,000
Profit (loss) carried forward14€48,606
Amounts payable17/49€84,356
Amounts payable after more than one year17€46,916
Financial debts170/4€46,916
Amounts payable within one year42/48€37,441
Current portion of amounts payable after more than one year42€11,000
Trade debts44€9,614
Suppliers440/4€9,614
Taxes, remuneration and social security45€12,859
Taxes450/3€12,859
Other amounts payable47/48€3,967
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,580
Other operating charges640/8€400
Gross operating margin9900€65,794
Operating profit (loss)9901€61,814
Financial charges65/66B€1,057
Recurring financial charges65€1,057
Profit (loss) for the period before taxes9903€60,757
Income taxes67/77€12,151
Profit (loss) for the period9904€48,606
Profit (loss) for the period to be appropriated9905€48,606
Appropriation of the result
Profit (loss) to be appropriated9906€48,606

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,580
Other operating charges640/8€400
Gross operating margin9900€65,794
Operating profit (loss)9901€61,814
Financial charges65/66B€1,057
Recurring financial charges65€1,057
Profit (loss) for the period before taxes9903€60,757
Income taxes67/77€12,151
Profit (loss) for the period9904€48,606
Profit (loss) for the period to be appropriated9905€48,606
Line2025
Assets
Total assets20/58€135,962
Fixed assets21/28€58,243
Tangible fixed assets22/27€58,243
Plant, machinery and equipment23€58,243
Current assets29/58€77,719
Amounts receivable within one year40/41€4,348
Trade receivables40€561
Other amounts receivable41€3,787
Cash at bank and in hand54/58€71,674
Deferred charges and accrued income490/1€1,697
Equity and liabilities
Total equity and liabilities10/49€135,962
Equity10/15€51,606
Contributions10/11€3,000
Profit (loss) carried forward14€48,606
Amounts payable17/49€84,356
Amounts payable after more than one year17€46,916
Financial debts170/4€46,916
Amounts payable within one year42/48€37,441
Current portion of amounts payable after more than one year42€11,000
Trade debts44€9,614
Suppliers440/4€9,614
Taxes, remuneration and social security45€12,859
Taxes450/3€12,859
Other amounts payable47/48€3,967
Line2025
Profit (loss) for the period9904€48,606
+ Depreciation and write-downs630€3,580
Operating cash flow (approximation)€52,186

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

2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Kraainem · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
865 m²
Volume, LiDAR
33,994 m³
Parcel 22002C0073/00N009, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
MALIHAM CONSTRUCT
Steenweg op Mechelen 455/1, 1950 KraainemOffice administrative and support services
since 20252.373.866.053
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 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.

Recognitions · licences · registrations

Recognised contractor

11 categories
MALIHAM CONSTRUCT BV46198
category D, class 1 · category D1, class 1 · category D10, class 1 · category D11, class 1 · category D12, class 1 · category D13, class 1 · category D15, class 1 · category D22, class 1 · category D4, class 1 · category D5, class 1 · category D8, class 1
decision 28-04-2026

Similar companies · same sector, comparable size

Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,538 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
Founded21-05-2025
Fiscal year end31-12
Abbreviation NL MALIHAM
Activities, NACEBEL 2025
82100Office administrative and support services
41001General construction of residential buildings
43120Site preparation
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1023558549
Registered 05-07-2025

Register as of 27 September 2026 · Peppol Directory

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