Financials
- Financial year
- 2024
- Total assets
- €23,285
- Profit
- €16,419
- Solvency
- 1.8%
MALO Service
ActiveSummary
The computed 12-month bankruptcy probability of MALO Service is 13.3% (high). The 2024 annual accounts show equity of €419 and a net result of €16,419. Its solvency ranks better than 16% of 6,613 sector peers (NACE 49, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Freight transport by road
NACE 49410Other postal and courier activities NACE 53200
1 site
Size
€23,285total assets 2024
- Equity
- €419
- Profit
- €16,419
Turnover not published (micro format)
Why 31raises risk1 financial year not filed after the legal deadline; latest accounts 285 days late; 1 of the last 3 late1 change of registered office in 24 monthsFounded in 2024Figures for financial year 2024 (filed 12-05-2026)Show the evidence
Checked score
Score 2024
31
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 53% of its sector peers (NACE 49, micro)
Financial strength
Average
Solvency
27
equity 1.8% of total assets
Liquidity
48
short-term debt 98.2% · cash 38.5%
Profitability
100
return on assets 70.5%
Bankruptcy probability, 12 months
13.3%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 3.7%lowest value
10-2025: 3.7%● unchanged vs 09-2025lowest value
11-2025: 3.9%▲ +0.2 percentage points vs 10-2025
12-2025: 4.2%▲ +0.3 percentage points vs 11-2025
01-2026: 4.4%▲ +0.2 percentage points vs 12-2025
02-2026: 4.7%▲ +0.3 percentage points vs 01-2026
03-2026: 7.8%▲ +3.1 percentage points vs 02-2026
04-2026: 8.1%▲ +0.3 percentage points vs 03-2026
05-2026: 7.9%▼ -0.2 percentage points vs 04-2026
06-2026: 12.6%▲ +4.7 percentage points vs 05-2026
07-2026: 12.8%▲ +0.2 percentage points vs 06-2026
08-2026: 13.0%▲ +0.2 percentage points vs 07-2026
09-2026: 13.0%● unchanged vs 08-2026
10-2026: 13.3%▲ +0.3 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.67, below 1; short-term debt: 98.2% and cash: 38.5% of total assets), and 98.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 49, micro): better than 16% on solvency, 49% on liquidity and 94% on profitability.
The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 6613 sector peers (2024).
NBB · sector comparisonPosition among 6613 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-05-2026, 285 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2024
285 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 285 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Appointment: Lamrani, Abdel-Ali (director)Resignation: Azahaf, Ismael (director) ·…
- IncorporationAppointment: AZAHAF Ismael (director) ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- Lamrani, Abdel-AliDirector
Timeline
- Events
- 3
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Freight transport by roadNACE 49410
- Founded
- 21-08-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 32
- Annual meeting
- Last Friday of June at 18:00
- Purpose
- “Toutes activités de transport terrestre de personnes et de choses, de marchandises, de…” (deed in French)
- Statutory auditor
- No statutory auditor
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