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MALOUSI

Active
Private limited companyfounded 2016active for 9 yearsHundelgemsesteenweg 8, 9050 Gent, BelgiumKBO/BCE: BE 0666.718.513
Summary

MALOUSI has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.9m and a net result of -€18,696. Equity remains stable across the filed financial years (±1.5% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (45 days) Filed on 14 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00512997.

Equity
€3.9m▼ 0.5%
2024 · €3.9m
Total assets
€4.1m▼ 0.6%
2024 · €4.1m
Net result
-€18,696
2024 · €153,703
Working capital
€3.4m▼ 1.2%
2024 · €3.4m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €18,797 in 2025 against €17,166 in 2024; the loss grows.

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

Operating result-€0.02m 2025 Net result-€0.02m 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€341--€0.04m-€0.04m▲ 9.6%-€0.05m▼ 30.3%-€0.03m▲ 38.9%-€0.04m▼ 18.5%-€0.02m▲ 53.0%-€0.02m▼ 9.5%
Net result€0.06m--€0.04m-€0.8m▼ 1,793%€0.04m-€0.2m€0.3m€0.2m▼ 53.4%-€0.02m
Equity€4.4m-€4.3m▼ 1.0%€3.5m▼ 18.2%€3.6m▲ 1.3%€3.4m▼ 5.3%€3.7m▲ 9.7%€3.9m▲ 4.1%€3.9m▼ 0.5%
Total assets€4.6m-€4.6m▼ 2.0%€3.8m▼ 17.1%€3.8m▲ 1.5%€3.6m▼ 4.8%€4.0m▲ 9.0%€4.1m▲ 3.7%€4.1m▼ 0.6%
Debt€0.3m-€0.2m▼ 18.3%€0.2m▲ 3.9%€0.2m▲ 4.6%€0.3m▲ 2.1%€0.3m▼ 0.8%€0.2m▼ 1.9%€0.2m▼ 2.6%
Working capital€3.9m-€3.9m▼ 1.6%€3.1m▼ 20.3%€3.1m▲ 2.0%€2.9m▼ 6.1%€3.3m▲ 11.1%€3.4m▲ 4.5%€3.4m▼ 1.2%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Why a figure moved sharply
  • 2024 Net result -53% on 2023. The accounts now follow the micro format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.1m
Fixed assets €478,678 ▲ 4.7%
Current assets €3.6m ▼ 1.3%
Equity and liabilities €4.1m
Equity €3.9m ▼ 0.5%
Debt €241,349 ▼ 2.6%
Debt's share of the balance-sheet total falls from 6.0% to 5.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€10,211▼
2024 · -€9,909
Cash flow
-€10,111▼
2024 · €160,959
Current ratio
14.98▲
2024 · 14.78
Debt to equity
0.06▼
2024 · 0.06
ROE
-0.5%▼
2024 · 4.0%
ROA
-0.5%▼
2024 · 3.7%
Interest coverage
-0.19▼
2024 · 0.25
Debt ≤ 1 year
€241,349▼
2024 · €247,726
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 929 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 92.8% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
1.7% went bankrupt
5.5% stopped otherwise
92.8% still going

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 929 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€4.1m€4.1m▼
Fixed assets21/28€0.5m€0.5m▲
Tangible fixed assets22/27€0.5m€0.5m▲
Land and buildings22€0.5m€0.5m▲
Current assets29/58€3.7m€3.6m▼
Amounts receivable within one year40/41€0.01m€0.01m▲
Other amounts receivable41€0.01m€0.01m▲
Current investments50/53€3.5m€3.3m▼
Cash at bank and in hand54/58€0.2m€0.3m▲
Deferred charges and accrued income490/1€0.003m€299▼
Equity and liabilities
Total equity and liabilities10/49€4.1m€4.1m▼
Equity10/15€3.9m€3.9m▼
Contributions10/11€4.3m€4.3m=
Reserves13€0.07m€0.07m=
Distributable reserves133€0.07m€0.07m=
Profit (loss) carried forward14-€0.5m-€0.5m▼
Amounts payable17/49€0.2m€0.2m▼
Amounts payable within one year42/48€0.2m€0.2m▼
Trade debts44€0.008m€0.004m▼
Suppliers440/4€0.008m€0.004m▼
Other amounts payable47/48€0.2m€0.2m▼
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Non-recurring operating income76A-€0.001m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.007m€0.009m▲
Other operating charges640/8€0.003m€0.002m▼
Gross operating margin9900-€0.007m-€0.008m▼
Operating profit (loss)9901-€0.02m-€0.02m▼
Financial income75/76B€0.1m€0.05m▼
Recurring financial income75€0.1m€0.05m▼
Financial charges65/66B-€0.04m€0.05m▲
Recurring financial charges65-€0.04m€0.05m▲
Profit (loss) for the period before taxes9903€0.2m-€0.02m▼
Profit (loss) for the period9904€0.2m-€0.02m▼
Profit (loss) for the period to be appropriated9905€0.2m-€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.5m-€0.5m▼
Profit (loss) brought forward from the previous period14P-€0.6m-€0.5m▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-------€766-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,982€5,982€5,982€5,982€6,359€7,257€7,257€8,586▲ 18.3%
Other operating charges640/8---€2,707€2,680€2,432€2,505€1,842▼ 26.5%
Gross operating margin9900€8,417-€30,526-€30,021-€41,737-€21,769-€26,819-€7,404-€8,369▼ 13.0%
Operating profit (loss)9901€341-€42,838-€38,712-€50,426-€30,809-€36,507-€17,166-€18,797▼ 9.5%
Financial income75/76B---€117,863€179,909€177,228€131,739€53,804▼ 59.2%
Recurring financial income75€285,490€84,347€43,373€117,863€179,909€177,228€131,739€53,804▼ 59.2%
Financial charges65/66B---€22,861€339,784-€189,049-€39,129€53,703-
Recurring financial charges65€199,612€72,952€798,919€22,861€339,784-€189,049-€39,129€53,703-
Profit (loss) for the period before taxes9903€86,219-€31,443-€794,258€44,576-€190,684€329,770€153,703-€18,696-
Income taxes67/77€30,530€10,164-€6,740€0-----
Profit (loss) for the period9904€55,689-€41,607-€787,518€44,576-€190,684€329,770€153,703-€18,696-
Profit (loss) for the period to be appropriated9905€55,689-€41,607-€787,518€44,576-€190,684€329,770€153,703-€18,696-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€4.6m€4.6m€3.8m€3.8m€3.6m€4.0m€4.1m€4.1m▼ 0.6%
Fixed assets21/28€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m▲ 4.7%
Tangible fixed assets22/27€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m▲ 4.7%
Land and buildings22---€0.5m€0.5m€0.5m€0.5m€0.5m▲ 4.7%
Current assets29/58€4.2m€4.1m€3.3m€3.4m€3.2m€3.5m€3.7m€3.6m▼ 1.3%
Amounts receivable within one year40/41€0.001m€0.003m€0.03m€0.02m€0.008m€0.01m€0.01m€0.01m▲ 14.5%
Other amounts receivable41---€0.02m€0.008m€0.01m€0.01m€0.01m▲ 14.5%
Current investments50/53€3.6m€3.7m€2.9m€2.8m€2.8m€2.8m€3.5m€3.3m▼ 4.5%
Cash at bank and in hand54/58€0.4m€0.4m€0.4m€0.6m€0.4m€0.7m€0.2m€0.3m▲ 63.8%
Deferred charges and accrued income490/1-----€0.001m€0.003m€299▼ 88.6%
Equity and liabilities
Total equity and liabilities10/49€4.6m€4.6m€3.8m€3.8m€3.6m€4.0m€4.1m€4.1m▼ 0.6%
Equity10/15€4.4m€4.3m€3.5m€3.6m€3.4m€3.7m€3.9m€3.9m▼ 0.5%
Contributions10/11€4.3m€4.3m-€4.3m€4.3m€4.3m€4.3m€4.3m=
Reserves13€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m=
Non-distributable reserves130/1---€0.005m€0----
Reserves not available under the articles1311---€0.005m€0----
Distributable reserves133---€0.07m€0.07m€0.07m€0.07m€0.07m=
Profit (loss) carried forward14--€0.04m-€0.8m-€0.8m-€1.0m-€0.6m-€0.5m-€0.5m▼ 3.8%
Amounts payable17/49€0.3m€0.2m€0.2m€0.2m€0.3m€0.3m€0.2m€0.2m▼ 2.6%
Amounts payable within one year42/48€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▼ 2.6%
Trade debts44€115€0.003m€0.008m€0.004m€0.004m€0.007m€0.008m€0.004m▼ 57.9%
Suppliers440/4---€0.004m€0.004m€0.007m€0.008m€0.004m▼ 57.9%
Other amounts payable47/48---€0.2m€0.2m€0.2m€0.2m€0.2m▼ 0.7%
Accrued charges and deferred income492/3---€0.02m€0.02m€0.01m€0--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€55,689-€41,607-€787,518€44,576-€190,684€329,770€153,703-€18,696-
+ Depreciation and write-downs630€5,982€5,982€5,982€5,982€6,359€7,257€7,257€8,586▲ 18.3%
Operating cash flow (approximation)€61,671-€35,625-€781,536€50,558-€184,324€337,026€160,959-€10,111-
Investment in fixed assets (approximation)-€0€0€0-€12,745€0€0-€29,949-
Change in cash--€5,489-€19,942€206,816-€176,153€271,153-€503,426€111,165-

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 (9)
Financial year Type Filed Reference
31-12-2025 micro format 14-09-2026 2026-00512997
31-12-2024 micro format 29-09-2025 2025-00514617
31-12-2023 abbreviated format 20-09-2024 2024-00469575
31-12-2022 abbreviated format 24-10-2023 2023-00494016
31-12-2021 abbreviated format 26-07-2022 2022-20228890
31-12-2020 abbreviated format 30-09-2021 2021-71000234
31-12-2019 abbreviated format 07-10-2020 2020-60900334
31-12-2018 micro format 09-08-2019 2019-45400060
31-12-2017 micro format 31-08-2018 2018-54800105

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