MALIMAT
ActiveSummary
MALIMAT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €827,663 and a net result of -€18,290. Equity remains stable across the filed fiscal years (±0.6% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result turns negative in 2025: a loss of €16,350 after €8,254 in 2024, the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 8,616 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,546 | €25,546 | €25,546 | €30,202 | €32,157 | €32,611 | €33,110 | €33,294 | ▲ 0.6% |
| Other operating charges640/8 | - | - | - | €30,198 | €8,740 | €9,166 | €9,326 | €31,107 | ▲ 234% |
| Gross operating margin9900 | €41,308 | €48,929 | €41,708 | €72,073 | €59,437 | €45,430 | €50,690 | €48,051 | ▼ 5.2% |
| Operating profit (loss)9901 | €8,804 | €16,434 | €5,599 | €11,673 | €18,540 | €3,653 | €8,254 | -€16,350 | ▼ 298% |
| Financial charges65/66B | - | - | - | €1,337 | €1,201 | €1,070 | €931 | €795 | ▼ 14.6% |
| Recurring financial charges65 | €23 | €54 | €1,118 | €1,337 | €1,201 | €1,070 | €931 | €795 | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | €8,781 | €16,380 | €4,481 | €10,336 | €17,339 | €2,583 | €7,323 | -€17,145 | ▼ 334% |
| Income taxes67/77 | €758 | €3,270 | €1,486 | €3,442 | €5,776 | €861 | €2,480 | €1,145 | ▼ 53.8% |
| Profit (loss) for the period9904 | €8,022 | €13,110 | €2,995 | €6,894 | €11,563 | €1,721 | €4,844 | -€18,290 | ▼ 478% |
| Profit (loss) for the period to be appropriated9905 | €8,022 | €13,110 | €2,995 | €6,894 | €11,563 | €1,721 | €4,844 | -€18,290 | ▼ 478% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.9m | €0.9m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €0.9m | ▼ 5.1% |
| Fixed assets21/28 | €0.7m | €0.7m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.8m | ▼ 7.7% |
| Tangible fixed assets22/27 | €0.7m | €0.7m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.8m | ▼ 7.7% |
| Land and buildings22 | - | - | - | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | ▼ 3.4% |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.09m | €0.09m | €0.09m | €0.08m | ▼ 5.7% |
| Furniture and vehicles24 | - | - | - | - | €0.04m | €0.04m | €0.04m | - | - |
| Current assets29/58 | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | €0.07m | €0.09m | €0.1m | ▲ 21.3% |
| Amounts receivable within one year40/41 | - | - | €0.04m | €0.006m | €0.005m | €0.003m | €0.005m | €0.02m | ▲ 253% |
| Trade receivables40 | - | - | - | €0.006m | €0.005m | €0.003m | €0.005m | €0.004m | ▼ 29.9% |
| Other amounts receivable41 | - | - | - | - | - | - | - | €0.01m | - |
| Cash at bank and in hand54/58 | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | €0.07m | €0.08m | €0.09m | ▲ 6.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.001m | €0.001m | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.9m | €0.9m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €0.9m | ▼ 5.1% |
| Equity10/15 | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.8m | ▼ 4.8% |
| Contributions10/11 | €0.8m | €0.8m | - | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Reserves13 | €0.07m | €0.09m | €0.09m | €0.1m | €0.06m | €0.06m | €0.07m | €0.03m | ▼ 60.3% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.08m | €0.04m | €0.06m | €0.07m | €0.03m | ▼ 60.3% |
| Amounts payable17/49 | €0.002m | €0.008m | €0.1m | €0.1m | €0.2m | €0.1m | €0.09m | €0.08m | ▼ 7.6% |
| Amounts payable after more than one year17 | - | - | €0.1m | €0.1m | €0.1m | €0.08m | €0.07m | €0.05m | ▼ 21.9% |
| Financial debts170/4 | - | - | - | €0.1m | €0.1m | €0.08m | €0.07m | €0.05m | ▼ 21.9% |
| Amounts payable within one year42/48 | €0.001m | €0.007m | €0.02m | €0.02m | €0.07m | €0.02m | €0.02m | €0.03m | ▲ 43.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 1.0% |
| Trade debts44 | €0.001m | €0.004m | €254 | €61 | €0.001m | - | €371 | €0.004m | ▲ 1,014% |
| Suppliers440/4 | - | - | - | €61 | €0.001m | - | €371 | €0.004m | ▲ 1,014% |
| Taxes, remuneration and social security45 | - | - | - | €0.007m | €0.008m | €0.001m | €0.002m | €0.004m | ▲ 52.2% |
| Taxes450/3 | - | - | - | €0.007m | €0.008m | €0.001m | €0.002m | €0.004m | ▲ 52.2% |
| Other amounts payable47/48 | - | - | - | €0.001m | €0.05m | €0.001m | €0.001m | €0.005m | ▲ 215% |
| Accrued charges and deferred income492/3 | - | - | - | €363 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,022 | €13,110 | €2,995 | €6,894 | €11,563 | €1,721 | €4,844 | -€18,290 | ▼ 478% |
| + Depreciation and write-downs630 | €25,546 | €25,546 | €25,546 | €30,202 | €32,157 | €32,611 | €33,110 | €33,294 | ▲ 0.6% |
| Operating cash flow (approximation) | €33,569 | €38,657 | €28,542 | €37,096 | €43,720 | €34,332 | €37,954 | €15,005 | ▼ 60.5% |
| Investment in fixed assets (approximation) | - | €0 | -€206,138 | -€38,964 | -€49,145 | -€5,933 | -€10,568 | €33,557 | ▲ 418% |
| Change in cash | - | €44,667 | -€74,934 | €16,665 | -€20,853 | -€35,554 | €13,755 | €4,973 | ▼ 63.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.