MALMAC
ActiveMALMAC has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €2k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 36% of 720 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
71
/ 100
Healthy▼ -23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-93
Solvency54▼-20
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.59 in 2024), and 69.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
30.7%
Return on assets
0.4%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
7 d early
2023
16 d early
2022
25 d early
2021
30 d early
2020
26 d early
2019
29 d early
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 98.2%
2024 · €107k
2018: €5k
2019: €-2k
2020: €177
2021: €5k
2022: €810
2023: €3k
2024: €107k
2018 → 2025
Working capital
€74k▼ 34.0%
2024 · €113k
2018: €127k
2019: €125k
2020: €125k
2021: €116k
2022: €115k
2023: €113k
2024: €113k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€130k-€131k▲ 0.6%€134k▲ 2.3%€135k▲ 1.1%€137k▲ 1.4%
Operating result€5k-€2k▼ 57.9%€6k▲ 209%€108k▲ 1,604%€6k▼ 94.7%
Net result€5k-€810▼ 83.0%€3k▲ 276%€107k▲ 3,399%€2k▼ 98.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 95% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €447k
Fixed assets
€98k▲ 161%
Current assets
€349k▲ 14.7%
Equity and liabilities €447k
Equity
€137k▲ 1.4%
Debt
€310k▲ 50.0%
The debt ratio rises from 60.4% to 69.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€26k▼
2024 · €122k
Cash flow
€23k▼
2024 · €121k
Solvency
30.7%▼
2024 · 39.6%
Current ratio
1.27▼
2024 · 1.59
Quick ratio
1.21▼
2024 · 1.49
Debt / equity
2.26▲
2024 · 1.53
ROE
1.4%▼
2024 · 78.8%
ROA
0.4%▼
2024 · 31.2%
Interest coverage
9.83▼
2024 · 47.49
Debt
€310k▲
2024 · €206k
Debt ≤ 1 year
€274k▲
2024 · €191k
Debt > 1 year
€9k▼
2024 · €15k
Income taxes
€1k▲
2024 · €894
Staff costs
€117k▲
2024 · €107k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€342k€447k▲
Fixed assets21/28€38k€98k▲
Tangible fixed assets22/27€38k€98k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€5k€20k▲
Leasing and similar rights25€24k€14k▼
Other tangible fixed assets26€5k€61k▲
Current assets29/58€304k€349k▲
Stocks and contracts in progress3€18k€17k▼
Stocks30/36€18k€17k▼
Amounts receivable within one year40/41€164k€214k▲
Trade receivables40€98k€182k▲
Other amounts receivable41€66k€33k▼
Cash at bank and in hand54/58€118k€112k▼
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€342k€447k▲
Equity10/15€135k€137k▲
Contributions10/11€80k€80k=
Capital10€80k€80k=
Issued capital100€80k€80k=
Reserves13€55k€57k▲
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€47k€49k▲
Amounts payable17/49€206k€310k▲
Amounts payable after more than one year17€15k€9k▼
Financial debts170/4€15k€9k▼
Amounts payable within one year42/48€191k€274k▲
Current portion of amounts payable after more than one year42€9k€6k▼
Trade debts44€56k€244k▲
Suppliers440/4€56k€244k▲
Taxes, remuneration and social security45€6k€7k▲
Remuneration and social security454/9€6k€7k▲
Other amounts payable47/48€120k€17k▼
Accrued charges and deferred income492/3-€26k
Income statement
Code20242025
Remuneration, social security and pensions62€107k€117k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€21k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€-17k▼
Other operating charges640/8€2k€22k▲
Gross operating margin9900€227k€149k▼
Operating profit (loss)9901€108k€6k▼
Financial income75/76B€2k€301▼
Recurring financial income75€2k€301▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€107k€3k▼
Income taxes67/77€894€1k▲
Profit (loss) for the period9904€107k€2k▼
Profit (loss) for the period to be appropriated9905€107k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€107k€2k▼
Transfer to equity691/2€2k€2k▲
To other reserves6921€2k€2k▲
Profit to be distributed694/7€105k-
Directors or managers695€105k-
Social balance
Average headcount (FTE)90871.92.1▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €107k ▲3399%
Operating result €108k, net result €107k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €177
Net result €177 after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-2k ▼140%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Ranst · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kriekenstraat 392520 RanstGround area
1,169 m²
Building footprint
117 m²
Volume, LiDAR
478 m³
Parcel 11035B0154/00G003, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Malmac
since 20142.237.834.243
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11035B0154/00G003 | Flanders | 1,169 m² | 1 · 117 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Franck FRECHES
BE 0827.598.555
Waimes · Eq €137k
CETEC
BE 0441.992.772
Liège · Eq €137k
DE VOEGHT DIMITRI
BE 0808.304.958
Putte · Eq €137k
Ben Goossens
BE 0794.801.370
Holsbeek · Eq €137k
COMFORT SERVICE
BE 0827.929.543
Genk · Eq €137k
Of 9,478 companies in sector 43222 we hold annual accounts for 5,626. 4,882 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-10-2014
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
71121Engineering and related technical consultancy, excluding land surveyors
28930Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.