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MALIZCO

Active Risk: not assessed
Private limited companyfounded 2023active for 3 yearsOlmenlaan(KIE) 5, 9130 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0802.224.246
Summary

MALIZCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €75,753 and a net result of €33,431. Equity is growing by about 87% per year across the filed financial years. Its solvency ranks better than 28% of 9,718 sector peers (NACE 64, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€309,730total assets 2025
Equity
€75,753
Profit
€33,431
Turnover not published (micro format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Accounts 32 days early2 of 4 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
neutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
32 days early
2024
38 days early
2023
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 38 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% 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 23 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move · Board composition
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€75,753▲ 79.0%
2024 · €42,322
Net result
€33,431▼ 16.0%
2024 · €39,812
Total assets
€309,730▲ 202%
2024 · €102,542
Solvency
24.5%▼ 16.8pp
2024 · 41.3%
Trend over the years

2023 to 2025, 3 financial years

The operating result falls in 2025; 2025 is 10% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€51,207 2025 Net result€33,431 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€3,242-€56,639▲ 1,647%€51,207▼ 9.6%
Net result€10below the sector's middle half-€39,812within the sector's middle half▲ 418,976%€33,431within the sector's middle half▼ 16.0%
Equity€2,510below the sector's middle half-€42,322within the sector's middle half▲ 1,586%€75,753within the sector's middle half▲ 79.0%
Total assets€36,440below the sector's middle half-€102,542below the sector's middle half▲ 181%€309,730within the sector's middle half▲ 202%
Debt€33,930-€60,220▲ 77.5%€233,977▲ 289%
Working capital-€6,887within the sector's middle half-€22,683within the sector's middle half€41,946within the sector's middle half▲ 84.9%
Solvency6.9%below the sector's middle half-41.3%within the sector's middle half▲ 34.4pp24.5%within the sector's middle half▼ 16.8pp
Current ratio0.80within the sector's middle half-1.52within the sector's middle half▲ 0.721.60within the sector's middle half▲ 0.08
Return on assets (ROA)0.0%below the sector's middle half-38.8%above the sector's middle half▲ 38.8pp10.8%within the sector's middle half▼ 28.0pp
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €309,730
Fixed assets €198,148 ▲ 446%
Current assets €111,581 ▲ 68.4%
Equity and liabilities €309,730
Equity €75,753 ▲ 79.0%
Debt €233,977 ▲ 289%
Debt's share of the balance-sheet total rises from 58.7% to 75.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
44.1%▼
2024 · 94.1%
Debt ≤ 1 year
€69,635▲
2024 · €43,558
Debt > 1 year
€164,342▲
2024 · €16,255
Income taxes
€13,532▼
2024 · €13,572
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€102,542€309,730▲
Fixed assets21/28€36,300€198,148▲
Tangible fixed assets22/27€35,860€198,108▲
Land and buildings22-€174,717
Plant, machinery and equipment23€2,068€2,423▲
Furniture and vehicles24€4,212€2,054▼
Leasing and similar rights25€29,581€18,914▼
Financial fixed assets28€440€40▼
Current assets29/58€66,241€111,581▲
Amounts receivable within one year40/41€0€62,071▲
Trade receivables40€0-
Other amounts receivable41-€62,071
Cash at bank and in hand54/58€62,807€43,006▼
Deferred charges and accrued income490/1€3,434€6,504▲
Equity and liabilities
Total equity and liabilities10/49€102,542€309,730▲
Equity10/15€42,322€75,753▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€39,822€73,253▲
Amounts payable17/49€60,220€233,977▲
Amounts payable after more than one year17€16,255€164,342▲
Financial debts170/4€16,255€164,342▲
Amounts payable within one year42/48€43,558€69,635▲
Current portion of amounts payable after more than one year42€8,854€9,167▲
Financial debts43-€61
Credit institutions430/8-€61
Trade debts44€12,045€24,342▲
Suppliers440/4€12,045€24,342▲
Taxes, remuneration and social security45€22,128€36,065▲
Taxes450/3€22,128€36,065▲
Other amounts payable47/48€531€0▼
Accrued charges and deferred income492/3€407€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,300€14,645▲
Other operating charges640/8€1,292€13,791▲
Non-recurring operating charges66A-€2,068
Gross operating margin9900€63,232€81,711▲
Operating profit (loss)9901€56,639€51,207▼
Financial income75/76B-€146
Recurring financial income75-€146
Financial charges65/66B€3,255€4,390▲
Recurring financial charges65€3,255€4,390▲
Profit (loss) for the period before taxes9903€53,384€46,963▼
Income taxes67/77€13,572€13,532▼
Profit (loss) for the period9904€39,812€33,431▼
Profit (loss) for the period to be appropriated9905€39,812€33,431▼
Appropriation of the result
Profit (loss) to be appropriated9906€39,822€73,253▲
Profit (loss) brought forward from the previous period14P€10€39,822▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€963€5,300€14,645▲ 176%
Other operating charges640/8€1,248€1,292€13,791▲ 967%
Non-recurring operating charges66A--€2,068-
Gross operating margin9900€5,453€63,232€81,711▲ 29.2%
Operating profit (loss)9901€3,242€56,639€51,207▼ 9.6%
Financial income75/76B--€146-
Recurring financial income75--€146-
Financial charges65/66B€1,131€3,255€4,390▲ 34.9%
Recurring financial charges65€1,131€3,255€4,390▲ 34.9%
Profit (loss) for the period before taxes9903€2,111€53,384€46,963▼ 12.0%
Income taxes67/77€2,102€13,572€13,532▼ 0.3%
Profit (loss) for the period9904€10€39,812€33,431▼ 16.0%
Profit (loss) for the period to be appropriated9905€10€39,812€33,431▼ 16.0%
Line202320242025Change
Assets
Total assets20/58€36,440€102,542€309,730▲ 202%
Fixed assets21/28€9,561€36,300€198,148▲ 446%
Tangible fixed assets22/27€9,161€35,860€198,108▲ 452%
Land and buildings22--€174,717-
Plant, machinery and equipment23€2,619€2,068€2,423▲ 17.2%
Furniture and vehicles24€6,542€4,212€2,054▼ 51.2%
Leasing and similar rights25-€29,581€18,914▼ 36.1%
Financial fixed assets28€400€440€40▼ 90.9%
Current assets29/58€26,879€66,241€111,581▲ 68.4%
Amounts receivable within one year40/41€470€0€62,071-
Trade receivables40€470€0--
Other amounts receivable41--€62,071-
Cash at bank and in hand54/58€22,139€62,807€43,006▼ 31.5%
Deferred charges and accrued income490/1€4,269€3,434€6,504▲ 89.4%
Equity and liabilities
Total equity and liabilities10/49€36,440€102,542€309,730▲ 202%
Equity10/15€2,510€42,322€75,753▲ 79.0%
Contributions10/11€2,500€2,500€2,500=
Profit (loss) carried forward14€10€39,822€73,253▲ 84.0%
Amounts payable17/49€33,930€60,220€233,977▲ 289%
Amounts payable after more than one year17-€16,255€164,342▲ 911%
Financial debts170/4-€16,255€164,342▲ 911%
Amounts payable within one year42/48€33,765€43,558€69,635▲ 59.9%
Current portion of amounts payable after more than one year42-€8,854€9,167▲ 3.5%
Financial debts43--€61-
Credit institutions430/8--€61-
Trade debts44€171€12,045€24,342▲ 102%
Suppliers440/4€171€12,045€24,342▲ 102%
Taxes, remuneration and social security45€10,619€22,128€36,065▲ 63.0%
Taxes450/3€10,619€22,128€36,065▲ 63.0%
Other amounts payable47/48€22,975€531€0▼ 100%
Accrued charges and deferred income492/3€165€407€0▼ 100%
Line202320242025Change
Profit (loss) for the period9904€10€39,812€33,431▼ 16.0%
+ Depreciation and write-downs630€963€5,300€14,645▲ 176%
Operating cash flow (approximation)€973€45,112€48,075▲ 6.6%
Investment in fixed assets (approximation)--€32,039-€176,493▼ 451%
Change in cash-€40,668-€19,801-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00209331
31-12-2024 micro format 23-06-2025 2025-00171175
31-12-2023 micro format 17-06-2024 2024-00149805

Similar companies · same sector, comparable size

Of the 24,457 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,972. 11,760 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2024 · 2 entries · €6,178 awarded · €6,178 paid
Year Entries AwardedPaid
2024 1 €5,669€5,669
2023 1 €509€509
Schemes
2 entries · €6,178 · €6,178 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023
Kim De Waele
Director (not named in the articles) · since 01-09-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Kim De Waele
  • Director (not named in the articles), from 01-09-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 30 May 2023, MALIZCO was incorporated as a private limited company.1 In 2026 the registered office moved to Beveren-Kruibeke-Zwijndrecht.2 Total assets went from €36,440 in 2023 to €309,730 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 16-03-2026
  3. 3National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
financial year 2025 · micro format
16-03
Gazette deed Registered office
Registered-office move · Board composition4 facts ▸
  • Board meeting, 07-02-2026
  • Registered-office move, 9130 Beveren-Kruibeke-Zwijndrecht,Olmenlaan 5
  • Board composition, Anthony Van Duyse (director)
  • Board composition, Kim De Waele (director)
2025
23-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Highest result from 2023 to 2025net €39,812 ▲418,976%
Operating result €56,639, net result €39,812, both a record.
17-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
22-11
Gazette deed Appointment: Kim De Waele (director)
2 facts ▸
  • General meeting, 02-10-2023
  • Director appointment, Kim De Waele (director (not named in the articles))
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded30-05-2023
Financial year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802224246
Also 9925:BE0802224246
Registered 09-04-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 23 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
883 m²
Building footprint
160 m²
Building volume
851 m³
Parcel 46012C0010/00E004, Flanders · tallest building 9.6 m. Linked by address, not a title deed.
1 establishment unit
MALIZCO
Olmenlaan(KIE) 5, 9130 Beveren-Kruibeke-ZwijndrechtOther activities auxiliary to financial services, excluding insurance and pension funding
since 2023unit no. 2.345.741.102
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
46012C0010/00E004 Flanders 883 m² 1 · 160 m² 9.6 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.