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).
Overview
- Equity
- €827,663
- Loss
- -€18,290
Why 94- No establishment unit in the KBO+ Size: total assets €908,474+ Equity €827,663 (91.1% of total assets)+ Figures for FY 2025 (filed 29-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Size: total assets €908,474 lowers the probability for this profile
- No establishment unit in the KBO raises the probability
- Equity €827,663 (91.1% of total assets) lowers the probability
- Figures for FY 2025 (filed 29-07-2026) lowers the probability
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 59%, profitability 44%, growth against the median 31%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 28 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€18,290
- Annual accounts filedfiscal year 2024 · micro…
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.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
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.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 5 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025A0086/00W000 | Flanders | 422 m² | 1 · 195 m² | 8.4 m · 2 fl. |