Financials
- Financial year
- 2025
- Turnover
- €47.8m
- Profit
- €818,713
- Solvency
- 36.5%
Turnover▲ 26.1%
Net result
20182025
MALU
ActiveSummary
MALU has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.3m and a net result of €818,713. Equity remains stable across the filed financial years (±1.1% per year). Its solvency ranks better than 40% of 6,158 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Wholesale of household textiles and bedding
NACE 46412
2nd largest company by total assets in Duffel, Wholesale and retail trade sector1 site
Size
€47.8mturnover 2025
- Staff
- 24.9 FTE
- Equity
- €9.3m
- Profit
- €818,713
Why 84raises riskLiquidity: current ratio 1.38, cash €221,868, halvedSector: Wholesale trade (NACE 46)lowers riskFounded in 1974Legal form: public limited companyShow the evidence
Checked score
Score 2025
84
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 39% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Weak
Solvency
62-16
equity 36.5% of total assets
Liquidity
19-14
short-term debt 60.8% · cash 0.9%
Profitability
48+10
return on assets 3.2%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026lowest value
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.3%● unchanged vs 08-2026highest value
10-2026: 0.3%● unchanged vs 09-2026highest value
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.38, compared with 1.62 in 2024, below the usual 1.5; short-term debt: 60.8% and cash: 0.9% of total assets), and 63.5% 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 46, small): better than 42% on solvency, 17% on liquidity, 32% on profitability and 65% on growth.
The bankruptcy probability was computed on 30-10-2026 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
Five signals.
lowers riskraises riskneutral
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 days early
2024
66 days early
2023
36 days early
2022
33 days early
2021
60 days early
2020
51 days early
2019
32 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Highest result from 2018 to 2025net €818,713 ▲133%
- Resignation: KASTA BV (director)Permanent representatives: Katrien Van Craen…
Key points
- Positive: Result rose in 2025from €351,490 to €818,713 ▲ 133% View
- Positive: 2nd largest company by total assets in Duffel, Wholesale and retail trade…in the Checked rankings No. 2 View
- Controlled by Malu International B.V. parent View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
- Positive: 6 profitable years in a rowprofit 2025: €818,713 6 years View
- Active since 1974founded 29-04-1974 52 years View
By topic
Board & ownership
- Board
- 2 members
- Parent
- Malu International B.V.
- Auditor
- Moore Audit
- DRIKADirector
- LITIANDirector
Timeline
- Events
- 55
- Since
- 1978
- Next accounts
- by 31-07-2027
- 26-05-2025Annual accounts filed
- 11-03-2025Permanent representative: Roger Van Craen
- 08-08-2024Reappointments: DRIKA, LITIAN and KASTA
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Wholesale of household textiles and beddingNACE 46412
- Founded
- 29-04-1974
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 8
- Annual meeting
- Second Tuesday of May at 14:00
Key facts about MALU
- What is the company number of MALU?
- 0414.382.911. In Belgium the VAT number is the company number with BE in front: BE 0414.382.911.
- Where is MALU based?
- The registered office is at Nijverheidsstraat 29, 2570 Duffel.Company details
- What does MALU do?
- According to the KBO register, the main activity is wholesale of household textiles and bedding (NACE 46412).
- What is the legal form of MALU?
- Public limited company (NV).
- When was MALU founded?
- On 29-04-1974.
- Is MALU still active?
- Yes, MALU is an active enterprise in the KBO register.
- How many employees does MALU have?
- On average 24.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MALU?
- €47.8m in financial year 2025, according to the filed annual accounts.
- Is MALU profitable?
- In financial year 2025, MALU made a profit of €818,713.
- Where can I find the annual accounts of MALU?
- MALU filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MALU due?
- By 31-07-2027, for financial year 2026.Timeline
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