MALINGA
ActiveSummary
MALINGA has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €299,111 and a net result of €283,735. Equity is growing by ~43.6% per year across the filed fiscal years. Its solvency ranks better than 20% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-20
Solvency40▼-60
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity short (current ratio 0.54 against 5.27 in 2024; short-term debt: 13.3% and cash: 1.4% of total assets), and 85% of the assets are financed with debt.
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Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
15%
Return on assets
14.2%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 31942 sector peers (2025).
NBB · sector comparisonPosition among 31942 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-03-2026, 43 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
43 d early
2024
37 d early
2023
34 d early
2022
48 d early
2021
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 24 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€299,111▲ 292%
2024 · €76,376
Total assets
€2.0m▲ 2,098%
2024 · €90,873
Net result
€283,735▲ 1,381%
2024 · €19,161
Working capital
-€123,173
2024 · €61,910
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€17,459-€39,311▲ 125%€19,134▼ 51.3%€27,819▲ 45.4%€92,236▲ 232%
Net result€11,562within the sector's middle half-€30,283within the sector's middle half▲ 162%€13,170within the sector's middle half▼ 56.5%€19,161within the sector's middle half▲ 45.5%€283,735above the sector's middle half▲ 1,381%
Equity€15,162below the sector's middle half-€44,045within the sector's middle half▲ 190%€57,215within the sector's middle half▲ 29.9%€76,376within the sector's middle half▲ 33.5%€299,111above the sector's middle half▲ 292%
Total assets€56,223below the sector's middle half-€79,247below the sector's middle half▲ 41.0%€80,985below the sector's middle half▲ 2.2%€90,873within the sector's middle half▲ 12.2%€2.0mabove the sector's middle half▲ 2,098%
Debt€41,060-€35,202▼ 14.3%€23,770▼ 32.5%€14,497▼ 39.0%€1.7m▲ 11,614%
Working capital€9,559within the sector's middle half-€36,547within the sector's middle half▲ 282%€44,924within the sector's middle half▲ 22.9%€61,910within the sector's middle half▲ 37.8%-€123,173below the sector's middle half
Solvency27.0%within the sector's middle half-55.6%within the sector's middle half▲ 28.6pp70.6%within the sector's middle half▲ 15.1pp84.0%above the sector's middle half▲ 13.4pp15.0%below the sector's middle half▼ 69.1pp
Current ratio1.23within the sector's middle half-2.04within the sector's middle half▲ 0.812.89within the sector's middle half▲ 0.855.27above the sector's middle half▲ 2.380.54below the sector's middle half▼ 4.73
Return on assets (ROA)20.6%within the sector's middle half-38.2%above the sector's middle half▲ 17.6pp16.3%within the sector's middle half▼ 22.0pp21.1%within the sector's middle half▲ 4.8pp14.2%within the sector's middle half▼ 6.9pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 232% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€1.9m ▲ 12,723%
Current assets
€142,262 ▲ 86.2%
Equity and liabilities €2.0m
Equity
€299,111 ▲ 292%
Debt
€1.7m ▲ 11,614%
Debt's share of the balance-sheet total rises from 16.0% to 85.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96,699▲
2024 · €32,493
Cash flow
€288,198▲
2024 · €23,835
Debt to equity
5.68▲
2024 · 0.19
ROE
94.9%▲
2024 · 25.1%
Interest coverage
4.61▼
2024 · 13.10
Debt ≤ 1 year
€265,435▲
2024 · €14,497
Debt > 1 year
€1.4m
Income taxes
€16,122▲
2024 · €6,179
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,927 | €1,702 | €4,165 | €4,674 | €4,463 | ▼ 4.5% |
| Other operating charges640/8 | - | €459 | €874 | €1,043 | €1,423 | ▲ 36.5% |
| Non-recurring operating charges66A | - | - | €267 | €0 | - | - |
| Gross operating margin9900 | €25,472 | €41,471 | €24,440 | €33,536 | €98,122 | ▲ 193% |
| Operating profit (loss)9901 | €17,459 | €39,311 | €19,134 | €27,819 | €92,236 | ▲ 232% |
| Financial income75/76B | - | €390 | €2 | €0 | €228,600 | ▲ 57,149,900% |
| Recurring financial income75 | €0 | €25 | €2 | €0 | €228,600 | ▲ 57,149,900% |
| Non-recurring financial income76B | - | €365 | €0 | - | - | - |
| Financial charges65/66B | - | €322 | €1,170 | €2,480 | €20,979 | ▲ 746% |
| Recurring financial charges65 | €23 | €322 | €1,170 | €2,480 | €20,979 | ▲ 746% |
| Profit (loss) for the period before taxes9903 | €17,436 | €39,379 | €17,967 | €25,340 | €299,857 | ▲ 1,083% |
| Income taxes67/77 | €5,874 | €9,096 | €4,797 | €6,179 | €16,122 | ▲ 161% |
| Profit (loss) for the period9904 | €11,562 | €30,283 | €13,170 | €19,161 | €283,735 | ▲ 1,381% |
| Profit (loss) for the period to be appropriated9905 | €11,562 | €30,283 | €13,170 | €19,161 | €283,735 | ▲ 1,381% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €56,223 | €79,247 | €80,985 | €90,873 | €2.0m | ▲ 2,098% |
| Fixed assets21/28 | €5,604 | €7,498 | €12,291 | €14,466 | €1.9m | ▲ 12,723% |
| Tangible fixed assets22/27 | €5,604 | €7,498 | €12,291 | €14,466 | €10,004 | ▼ 30.8% |
| Plant, machinery and equipment23 | - | €4,612 | €3,637 | €2,663 | €1,689 | ▼ 36.6% |
| Furniture and vehicles24 | - | €2,886 | €8,654 | €6,269 | €3,377 | ▼ 46.1% |
| Other tangible fixed assets26 | - | - | - | €5,534 | €4,938 | ▼ 10.8% |
| Financial fixed assets28 | - | - | - | - | €1.8m | - |
| Current assets29/58 | €50,619 | €71,749 | €68,694 | €76,407 | €142,262 | ▲ 86.2% |
| Amounts receivable within one year40/41 | €17,435 | €23,307 | €9,765 | €23,707 | €112,368 | ▲ 374% |
| Trade receivables40 | - | €23,307 | €9,765 | €23,707 | €43,768 | ▲ 84.6% |
| Other amounts receivable41 | - | - | - | - | €68,600 | - |
| Cash at bank and in hand54/58 | €32,423 | €47,015 | €58,690 | €51,577 | €28,764 | ▼ 44.2% |
| Deferred charges and accrued income490/1 | - | €1,427 | €238 | €1,123 | €1,130 | ▲ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €56,223 | €79,247 | €80,985 | €90,873 | €2.0m | ▲ 2,098% |
| Equity10/15 | €15,162 | €44,045 | €57,215 | €76,376 | €299,111 | ▲ 292% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €10,162 | €39,045 | €52,215 | €71,376 | €294,111 | ▲ 312% |
| Distributable reserves133 | - | €39,045 | €52,215 | €71,376 | €294,111 | ▲ 312% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | €0 | - |
| Amounts payable17/49 | €41,060 | €35,202 | €23,770 | €14,497 | €1.7m | ▲ 11,614% |
| Amounts payable after more than one year17 | - | - | - | - | €1.4m | - |
| Financial debts170/4 | - | - | - | - | €1.4m | - |
| Amounts payable within one year42/48 | €41,060 | €35,202 | €23,770 | €14,497 | €265,435 | ▲ 1,731% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €125,620 | - |
| Trade debts44 | €3,411 | €5,865 | €1,678 | €3,605 | €3,660 | ▲ 1.5% |
| Suppliers440/4 | - | €5,865 | €1,678 | €3,605 | €3,660 | ▲ 1.5% |
| Taxes, remuneration and social security45 | - | €16,705 | €10,927 | €9,986 | €18,606 | ▲ 86.3% |
| Taxes450/3 | - | €14,660 | €8,666 | €7,105 | €16,291 | ▲ 129% |
| Remuneration and social security454/9 | - | €2,045 | €2,261 | €2,881 | €2,315 | ▼ 19.6% |
| Other amounts payable47/48 | - | €12,633 | €11,165 | €906 | €117,548 | ▲ 12,871% |
| Accrued charges and deferred income492/3 | - | - | - | - | €18,340 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,562 | €30,283 | €13,170 | €19,161 | €283,735 | ▲ 1,381% |
| + Depreciation and write-downs630 | €5,927 | €1,702 | €4,165 | €4,674 | €4,463 | ▼ 4.5% |
| Operating cash flow (approximation) | €17,490 | €31,984 | €17,335 | €23,835 | €288,198 | ▲ 1,109% |
| Investment in fixed assets (approximation) | - | -€3,596 | -€8,959 | -€6,849 | -€1.8m | ▼ 26,839% |
| Change in cash | - | €14,593 | €11,675 | -€7,113 | -€22,813 | ▼ 221% |
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
18-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2021net €283,735 ▲1,381%
Operating result €92,236, net result €283,735, both a record.
30-09
Financial
Equity above €200,000Eq €299,111 ▲292%
5 profitable years in a row build equity to €299,111.
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Zwalm · 1 establishment unit since 2020
Ground area
3,266 m²
Building footprint
121 m²
Parcel 45022A0467/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
MALINGA
since 20202.305.673.370
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45022A0467/00E000 | Flanders | 3,266 m² | 1 · 121 m² | - |
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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-09-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 30-09-2025 of MALINGA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 75 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 75 EUR | 75 EUR |
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 38,195 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
Founded15-07-2020
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
73300Public relations and communication consultancy
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0750693688
Also
9925:BE0750693688
Registered
02-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.