MALOE
ActiveSummary
MALOE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 67% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+71
Solvency79▲+10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 1.73 in 2024; short-term debt: 42.9% and cash: 0.5% of total assets), and 45.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
54.4%
Return on assets
1.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
121 d late
2023
358 d late
2022
100 d late
2021
81 d late
2020
33 d early
2018
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€57k▲ 3.4%
2024 · €55k
2018: €8k
2020: €38k
2021: €67k
2022: €70k
2023: €75k
2024: €55k
2018 → 2025
Total assets
€104k▼ 17.1%
2024 · €126k
2018: €78k
2020: €82k
2021: €134k
2022: €146k
2023: €132k
2024: €126k
2018 → 2025
Net result
€2k
2024 · €-20k
2018: €2k
2020: €26k
2021: €28k
2022: €4k
2023: €4k
2024: €-20k
2018 → 2025
Working capital
€56k▲ 16.1%
2024 · €48k
2018: €1k
2020: €24k
2021: €45k
2022: €51k
2023: €62k
2024: €48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€70k▲ 5.3%€75k▲ 6.3%€55k▼ 26.5%€57k▲ 3.4%
Operating result€42k-€9k▼ 77.2%€3k▼ 68.0%€-20k€-1k▲ 94.9%
Net result€28k-€4k▼ 87.4%€4k▲ 23.4%€-20k€2k
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 stays negative: a loss of €1k in 2025 against €20k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104k
Fixed assets
€4k ▼ 67.0%
Current assets
€100k ▼ 11.8%
Equity and liabilities €104k
Equity
€57k ▲ 3.4%
Debt
€48k ▼ 32.9%
Debt's share of the balance-sheet total falls from 56.4% to 45.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▲
2024 · €-11k
Cash flow
€10k▲
2024 · €-11k
Current ratio
2.24▲
2024 · 1.73
Quick ratio
2.21▲
2024 · 1.70
Debt to equity
0.84▼
2024 · 1.29
ROE
3.3%▲
2024 · -36.1%
ROA
1.8%▲
2024 · -15.8%
Interest coverage
6.21▲
2024 · -3.04
Debt ≤ 1 year
€45k▼
2024 · €66k
Income taxes
€185▼
2024 · €500
Staff costs
€12k▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€126k€104k▼
Fixed assets21/28€12k€4k▼
Tangible fixed assets22/27€11k€3k▼
Land and buildings22€723-
Furniture and vehicles24€10k€3k▼
Financial fixed assets28€1k€1k=
Current assets29/58€114k€100k▼
Amounts receivable after more than one year29-€88k
Trade receivables290-€88k
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€110k€9k▼
Trade receivables40€22k€9k▼
Other amounts receivable41€88k-
Cash at bank and in hand54/58€665€470▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€126k€104k▼
Equity10/15€55k€57k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€56k€56k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€55k€55k=
Profit (loss) carried forward14€-8k€-6k▲
Amounts payable17/49€71k€48k▼
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€66k€45k▼
Current portion of amounts payable after more than one year42€3k€3k▼
Financial debts43€6k€4k▼
Credit institutions430/8€6k€4k▼
Trade debts44€49k€34k▼
Suppliers440/4€49k€34k▼
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€3k€1k▼
Remuneration and social security454/9€5k€2k▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Remuneration, social security and pensions62€17k€12k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Other operating charges640/8€4k€444▼
Gross operating margin9900€11k€19k▲
Operating profit (loss)9901€-20k€-1k▲
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€-19k€2k▲
Income taxes67/77€500€185▼
Profit (loss) for the period9904€-20k€2k▲
Profit (loss) for the period to be appropriated9905€-20k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-6k▲
Profit (loss) brought forward from the previous period14P€12k€-8k▼
The notes to these accounts (4 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 121 days late
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 358 days late
2024
31-12
Financial
Weakest financial yearnet €-20k ▼551%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 100 days late
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 81 days late
2021
31-12
Financial
Highest result since 2018net €28k ▲8.4%
Operating result €42k, net result €28k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 98 days late
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 176 days late
2016
17-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 78 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wavre · 1 establishment unit since 1999
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.
Rue Chapelle Sainte-Elisabeth 121300 WavreGround area
221 m²
Building footprint
59 m²
Volume, LiDAR
477 m³
Parcel 25112M0476/00B000, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Chapelle Sainte-Elisabeth 12, 1300 Wavre
since 19992.092.586.146
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112M0476/00B000 | Wallonia | 221 m² | 1 · 59 m² | 10.0 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWavre2.092.586.146
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GROVO
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Super 2
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Of 3,827 companies in sector 47210 we hold annual accounts for 966. 789 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-03-1999
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.