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Malinas Construct

Active
Private limited companyfounded 2022active for 4 yearsBaron Eduard Empainlaan 80, 2800 Mechelen, BelgiumKBO/BCE: BE 0781.686.475

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Malinas Construct is 3.5% (moderate). The 2025 annual accounts show negative equity (-€54,171) and a net result of -€38,587. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 6% of 9,380 sector peers (NACE 41, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 07-02-2022 Normal situation
Activity
General construction of residential buildings NACE 41001and 1 other
Establishment unit
2.328.194.889 2800 Mechelen, since 07-02-2022
Financial year end
31 December
Peppol
Reachable since 03-04-2026

Board and ownership

Board
  • Kuku IsaDirector

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.5%
Annual accounts 2025
Gross margin
€21,070
Turnover
≈ €250,000
estimated
Loss
€38,587
▼ 13.5%
Equity
-€54,171
▼ 248%
Total assets
€137,676
▲ 41.1%
Staff
≈ 1.2 FTE
estimated
  • Negative equity on 31-12-2025
Filed on 10-07-2026, 21 days before the deadline
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Negative equity -€54,171Founded in 2022lowers riskLiquidity: current ratio 0.69, cash €24,334Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 7% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 0-9
equity -39.3% of total assets
Liquidity 22-5
short-term debt 139.3% · cash 17.7%
Profitability 0=
return on assets -28.0%
Bankruptcy probability within 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 3.9% 01-2025: 3.8%▼ -0.1 percentage points vs 12-2024 02-2025: 3.8%● unchanged vs 01-2025 03-2025: 3.8%● unchanged vs 02-2025 04-2025: 4.0%▲ +0.2 percentage points vs 03-2025 05-2025: 4.1%▲ +0.1 percentage points vs 04-2025 06-2025: 4.1%● unchanged vs 05-2025 07-2025: 4.3%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 3.8%▼ -0.5 percentage points vs 07-2025 09-2025: 3.8%● unchanged vs 08-2025 10-2025: 3.2%▼ -0.6 percentage points vs 09-2025 11-2025: 3.1%▼ -0.1 percentage points vs 10-2025 12-2025: 3.1%● unchanged vs 11-2025 01-2026: 3.1%● unchanged vs 12-2025 02-2026: 2.9%▼ -0.2 percentage points vs 01-2026 03-2026: 2.9%● unchanged vs 02-2026lowest value 04-2026: 3.0%▲ +0.1 percentage points vs 03-2026 05-2026: 3.2%▲ +0.2 percentage points vs 04-2026 06-2026: 3.2%● unchanged vs 05-2026 07-2026: 3.4%▲ +0.2 percentage points vs 06-2026 08-2026: 3.5%▲ +0.1 percentage points vs 07-2026 09-2026: 3.5%● unchanged vs 08-2026 10-2026: 3.5%● unchanged vs 09-2026 11-2026: 3.5%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.69 (0.82 in 2024), below 1. Short-term debt is 139.3% and cash 17.7% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 3% of them on solvency, 18% on liquidity, 5% on profitability and 2% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Negative equity -€54,171
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 0.69, cash €24,334
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€54,171
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 10-07-2026, 21 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
21 days early
2024
28 days early
2023
37 days early
2022
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 32 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€54,171 View
  • Caution: Lower net result than 95% of companies in construction of buildingssector median €8,543 · 9,370 companies -€38,587 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€38,587 View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

Comparable companies

These companies have the same main activity as Malinas Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €115,000 and €150,000, founded between 2021 and 2022.

CompanyTotal assetsGross margin
Malinas Construct Mechelen€137,676€21,070
Atelier Faes Antwerpen€137,312€19,819
Aannemingen Janssens J. Antwerpen€120,201€20,649
Beau-Dak Brasschaat€148,389€24,538
BARWARI Antwerpen€115,065€21,409
YPSILON RENOVATIE Oud-Turnhout€149,783€16,932
BOUWWERKEN SMEULDERS Brecht€120,417€26,515
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Malinas Construct

What is the company number of Malinas Construct?
The company number of Malinas Construct is 0781.686.475. The VAT number is the same number with BE in front: BE 0781.686.475.
Where is Malinas Construct based?
The registered office is at Baron Eduard Empainlaan 80, 2800 Mechelen.Company details
What does Malinas Construct do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Malinas Construct?
The legal form of Malinas Construct is Private limited company (BV).
When was Malinas Construct founded?
Malinas Construct was founded on 07-02-2022.
Is Malinas Construct still active?
Yes, Malinas Construct is an active enterprise in the KBO register.
What is the turnover of Malinas Construct?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €21,070 and 268 comparable companies (NACE 41001). It probably lies between €130,000 and €460,000. It is a rough estimate.Financials
Is Malinas Construct profitable?
In financial year 2025, Malinas Construct made a loss of €38,587.
Where can I find the annual accounts of Malinas Construct?
Malinas Construct filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Malinas Construct due?
Malinas Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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