MaLo Projects
ActiveMaLo Projects has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €43k. Equity is shrinking by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 63% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+58
Solvency84▼-16
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 85.96 in 2024; short-term debt: 41.2% and cash: 23.6% of total assets), and 41.2% 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 · 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
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
58.8%
Return on assets
48.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €52k
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 18-07-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
17 d early
2023
32 d early
2022
74 d late
2021
439 d late
2020
87 d late
2019
26 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€52k▲ 474%
2024 · €9k
2018: €29k
2019: €15k
2020: €20k
2021: €16k
2022: €14k
2023: €9k
2024: €9k
2018 → 2025
Total assets
€89k▲ 806%
2024 · €10k
2018: €44k
2019: €19k
2020: €23k
2021: €19k
2022: €15k
2023: €9k
2024: €10k
2018 → 2025
Net result
€43k▲ 23,782%
2024 · €181
2018: €-3k
2019: €-14k
2020: €5k
2021: €-4k
2022: €-2k
2023: €-5k
2024: €181
2018 → 2025
Working capital
€50k▲ 416%
2024 · €10k
2018: €15k
2019: €7k
2023: €9k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€14k▼ 13.1%€9k▼ 36.7%€9k▲ 2.0%€52k▲ 474%
Operating result€-4k-€-3k▲ 27.4%€-5k▼ 97.6%€-264▲ 94.8%€62k
Net result€-4k-€-2k▲ 42.9%€-5k▼ 143%€181€43k▲ 23,782%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €62k after a loss of €264 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€2k
Current assets
€87k
Equity and liabilities €89k
Equity
€52k▲ 474%
Debt
€37k▲ 5,112%
The debt ratio rises from 7.2% to 41.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€62k
Cash flow
€43k
Solvency
58.8%▼
2024 · 92.8%
Current ratio
2.37▼
2024 · 85.96
Quick ratio
2.37▼
2024 · 85.96
Debt / equity
0.70▲
2024 · 0.08
ROE
82.6%▲
2024 · 2.0%
ROA
48.5%▲
2024 · 1.8%
Interest coverage
283.36
Debt
€37k▲
2024 · €703
Debt ≤ 1 year
€37k▲
2024 · €114
Income taxes
€19k
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€10k€89k▲
Fixed assets21/28-€2k
Tangible fixed assets22/27-€2k
Plant, machinery and equipment23-€2k
Financial fixed assets28-€600
Current assets29/58€10k€87k▲
Amounts receivable within one year40/41€9k€60k▲
Trade receivables40-€41k
Other amounts receivable41€9k€19k▲
Cash at bank and in hand54/58€306€21k▲
Deferred charges and accrued income490/1€20€6k▲
Equity and liabilities
Total equity and liabilities10/49€10k€89k▲
Equity10/15€9k€52k▲
Contributions10/11€6k€6k=
Reserves13€3k€46k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€1k€46k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€703€37k▲
Amounts payable within one year42/48€114€37k▲
Trade debts44€27€28k▲
Suppliers440/4€27€28k▲
Taxes, remuneration and social security45€35€9k▲
Taxes450/3€35€9k▲
Other amounts payable47/48€52€0▼
Accrued charges and deferred income492/3€589€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€34
Other operating charges640/8€603€2k▲
Gross operating margin9900€339€64k▲
Operating profit (loss)9901€-264€62k▲
Financial income75/76B€558€547▼
Recurring financial income75€558€547▼
Financial charges65/66B€114€219▲
Recurring financial charges65€114€219▲
Profit (loss) for the period before taxes9903€181€62k▲
Income taxes67/77-€19k
Profit (loss) for the period9904€181€43k▲
Profit (loss) for the period to be appropriated9905€181€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€43k▲
Profit (loss) brought forward from the previous period14P€-5k€0▲
Transfer from equity791/2€5k€0▼
Transfer to equity691/2-€43k
To other reserves6921-€43k
The notes to these accounts (8 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
18-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €43k ▲23782%
Operating result €62k, net result €43k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €181
Net result €181 after 3 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 74 days late
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 439 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
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, Lokeren · 1 establishment unit since 2010
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.
Kovekenstraat 279160 LokerenGround area
909 m²
Building footprint
116 m²
Volume, LiDAR
702 m³
Parcel 46383D1138/00G000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Renoveira
since 20102.190.520.415
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46383D1138/00G000 | Flanders | 909 m² | 1 · 116 m² | 8.9 m · 2 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
CELIK SL
BE 0779.493.879
Lokeren · Eq €52k
GROWEBA
BE 0682.623.246
Kortemark · Eq €52k
Mth Construct
BE 0775.711.176
Sombreffe · Eq €52k
WN Graafwerken
BE 0744.379.186
Heist-op-den-Berg · Eq €52k
UZO-TEK
BE 0779.790.027
Zele · Eq €52k
Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,511 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2010
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
41001General construction of residential buildings
68121Development of residential building projects
42990Civil engineering
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.