Malin
ActiveSummary
Malin has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €7k. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 16618 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▼-5
Solvency94▼-4
Growth52=
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.72 against 2.62 in 2024; short-term debt: 30.6% and cash: 62.3% of total assets), and 30.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.4%
Return on assets
14.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
30 d early
2024
15 d early
2023
76 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▲ 25.9%
2024 · €27k
2023: €20klowest in 3 years
2024: €27k▲ +34.0% vs 2023
2025: €34k▲ +25.9% vs 2024highest in 3 years
2023 → 2025
Total assets
€48k▲ 32.9%
2024 · €36k
2023: €51khighest in 3 years
2024: €36k▼ -28.9% vs 2023lowest in 3 years
2025: €48k▲ +32.9% vs 2024
2023 → 2025
Net result
€7k▲ 2.1%
2024 · €7k
2023: €17khighest in 3 years
2024: €7k▼ -59.2% vs 2023lowest in 3 years
2025: €7k▲ +2.1% vs 2024
2023 → 2025
Working capital
€26k▲ 62.1%
2024 · €16k
2023: €15klowest in 3 years
2024: €16k▲ +4.8% vs 2023
2025: €26k▲ +62.1% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€20k-€27k▲ 34.0%€34k▲ 25.9%
2023: €20klowest in 3 years
2024: €27k▲ +34.0% vs 2023
2025: €34k▲ +25.9% vs 2024highest in 3 years
Operating result€21k-€9k▼ 56.4%€9k▼ 1.9%
2023: €21khighest in 3 years
2024: €9k▼ -56.4% vs 2023
2025: €9k▼ -1.9% vs 2024lowest in 3 years
Net result€17k-€7k▼ 59.2%€7k▲ 2.1%
2023: €17khighest in 3 years
2024: €7k▼ -59.2% vs 2023lowest in 3 years
2025: €7k▲ +2.1% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 2% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48k
Fixed assets
€8k ▼ 26.5%
Current assets
€40k ▲ 58.3%
Equity and liabilities €48k
Equity
€34k ▲ 25.9%
Debt
€15k ▲ 52.0%
Debt's share of the balance-sheet total rises from 26.8% to 30.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2024 · €12k
Cash flow
€10k▲
2024 · €9k
Current ratio
2.72▲
2024 · 2.62
Debt to equity
0.44▲
2024 · 0.37
ROE
20.6%▼
2024 · 25.3%
ROA
14.3%▼
2024 · 18.6%
Interest coverage
264.24▲
2024 · 28.97
Debt ≤ 1 year
€15k▲
2024 · €10k
Income taxes
€2k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€36k€48k▲
Fixed assets21/28€11k€8k▼
Tangible fixed assets22/27€11k€8k▼
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€1k€777▼
Current assets29/58€26k€40k▲
Cash at bank and in hand54/58€18k€30k▲
Deferred charges and accrued income490/1€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€36k€48k▲
Equity10/15€27k€34k▲
Contributions10/11€5k€5k=
Reserves13€22k€29k▲
Distributable reserves133€22k€29k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€10k€15k▲
Amounts payable within one year42/48€10k€15k▲
Financial debts43€18€152▲
Credit institutions430/8€18€152▲
Trade debts44€581€0▼
Suppliers440/4€581€0▼
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Other amounts payable47/48€3k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€513€527▲
Gross operating margin9900€12k€13k▲
Operating profit (loss)9901€9k€9k▼
Financial income75/76B€4€0▼
Recurring financial income75€4€0▼
Financial charges65/66B€405€46▼
Recurring financial charges65€405€46▼
Profit (loss) for the period before taxes9903€9k€9k▲
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€7k€7k▲
Profit (loss) for the period to be appropriated9905€7k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€7k▲
Transfer to equity691/2€7k€7k▲
To other reserves6921€7k€7k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €143 | €2k | €3k | ▲ 21.6% |
| Other operating charges640/8 | €446 | €513 | €527 | ▲ 2.8% |
| Gross operating margin9900 | €22k | €12k | €13k | ▲ 2.9% |
| Operating profit (loss)9901 | €21k | €9k | €9k | ▼ 1.9% |
| Financial income75/76B | - | €4 | €0 | ▼ 100% |
| Recurring financial income75 | - | €4 | €0 | ▼ 100% |
| Financial charges65/66B | €417 | €405 | €46 | ▼ 88.7% |
| Recurring financial charges65 | €417 | €405 | €46 | ▼ 88.7% |
| Profit (loss) for the period before taxes9903 | €21k | €9k | €9k | ▲ 2.0% |
| Income taxes67/77 | €4k | €2k | €2k | ▲ 1.7% |
| Profit (loss) for the period9904 | €17k | €7k | €7k | ▲ 2.1% |
| Profit (loss) for the period to be appropriated9905 | €17k | €7k | €7k | ▲ 2.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €51k | €36k | €48k | ▲ 32.9% |
| Fixed assets21/28 | €5k | €11k | €8k | ▼ 26.5% |
| Tangible fixed assets22/27 | €5k | €11k | €8k | ▼ 26.5% |
| Plant, machinery and equipment23 | €5k | €10k | €7k | ▼ 24.7% |
| Furniture and vehicles24 | - | €1k | €777 | ▼ 39.4% |
| Current assets29/58 | €46k | €26k | €40k | ▲ 58.3% |
| Cash at bank and in hand54/58 | €36k | €18k | €30k | ▲ 69.2% |
| Deferred charges and accrued income490/1 | €10k | €8k | €10k | ▲ 33.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €51k | €36k | €48k | ▲ 32.9% |
| Equity10/15 | €20k | €27k | €34k | ▲ 25.9% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Reserves13 | €15k | €22k | €29k | ▲ 31.8% |
| Distributable reserves133 | €15k | €22k | €29k | ▲ 31.8% |
| Profit (loss) carried forward14 | €0 | €0 | - | - |
| Amounts payable17/49 | €31k | €10k | €15k | ▲ 52.0% |
| Amounts payable within one year42/48 | €31k | €10k | €15k | ▲ 52.0% |
| Financial debts43 | - | €18 | €152 | ▲ 743% |
| Credit institutions430/8 | - | €18 | €152 | ▲ 743% |
| Trade debts44 | €15k | €581 | €0 | ▼ 100% |
| Suppliers440/4 | €15k | €581 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €13k | €6k | €7k | ▲ 15.1% |
| Taxes450/3 | €13k | €6k | €7k | ▲ 15.1% |
| Other amounts payable47/48 | €4k | €3k | €7k | ▲ 166% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €7k | €7k | ▲ 2.1% |
| + Depreciation and write-downs630 | €143 | €2k | €3k | ▲ 21.6% |
| Operating cash flow (approximation) | €17k | €9k | €10k | ▲ 7.2% |
| Investment in fixed assets (approximation) | - | €-8k | €0 | ▲ 100% |
| Change in cash | - | €-18k | €12k | ▲ 168% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €7k ▼59.2%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hasselt · 1 establishment unit since 2023
Ground area
3,263 m²
Building footprint
928 m²
Volume, LiDAR
14,315 m³
Parcel 71326F0165/00G000, Flanders · tallest building 50.5 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Malin
since 20232.340.687.006
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71326F0165/00G000 | Flanders | 3,263 m² | 1 · 928 m² | 50.5 m · 5 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.
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Of 6,942 companies in sector 86230 we hold annual accounts for 4,293. 2,692 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
Founded18-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
86230Dental practice
63920Other information service activities
64210Activities of holding companies
74999Other professional, scientific and technical activities
82300Organisation of conventions and trade shows
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.