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MALUCO

Active
Private limited companyfounded 2025active for 1 yearMannenberg(S) 11, 3270 Scherpenheuvel-Zichem, BelgiumKBO/BCE: BE 1019.344.690
Summary

The computed 12-month bankruptcy probability of MALUCO is 3.3% (moderate). The 2025 annual accounts show negative equity (-€147,031) and a net result of -€157,031. Its solvency ranks better than 11% of 12,650 sector peers (NACE 47, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

Equity
-€147,031
Total assets
€1.6m
Net result
-€157,031
Working capital
-€192,380

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €1.6m
Fixed assets €292,322
Current assets €1.3m
Equity and liabilities
Equity-€147,031
Debt€1.7m
Equity is negative: debt (€1.7m) exceeds the balance-sheet total (€1.6m).
Key figures and ratios
2025 value
EBITDA
-€140,184
Cash flow
-€148,729
Solvency
-9.3%
Current ratio
0.87
Quick ratio
0.26
ROA
-10.0%
Interest coverage
-13.35
Debt
€1.7m
Debt ≤ 1 year
€1.5m
Debt > 1 year
€247,410
Staff costs
€27,486
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 232 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96.1% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a small loss
1.7% went bankrupt
2.2% stopped otherwise
96.1% still going

For this company itself Checked computes a higher bankruptcy probability: 3.3% 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 497,473 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% 1.0%
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 232 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 · 44 lines
Balance sheet Code2025
Assets
Total assets20/58€1.6m
Formation expenses20€436
Fixed assets21/28€0.3m
Tangible fixed assets22/27€0.3m
Plant, machinery and equipment23€0.08m
Leasing and similar rights25€0.05m
Other tangible fixed assets26€0.2m
Current assets29/58€1.3m
Stocks and contracts in progress3€0.9m
Stocks30/36€0.9m
Amounts receivable within one year40/41€0.2m
Trade receivables40€226
Other amounts receivable41€0.2m
Cash at bank and in hand54/58€0.1m
Equity and liabilities
Total equity and liabilities10/49€1.6m
Equity10/15-€0.1m
Contributions10/11€0.01m
Profit (loss) carried forward14-€0.2m
Amounts payable17/49€1.7m
Amounts payable after more than one year17€0.2m
Financial debts170/4€0.2m
Amounts payable within one year42/48€1.5m
Current portion of amounts payable after more than one year42€0.01m
Trade debts44€1.3m
Suppliers440/4€1.3m
Advances received on contracts in progress46€0.004m
Taxes, remuneration and social security45€0.003m
Taxes450/3€0.001m
Remuneration and social security454/9€0.002m
Other amounts payable47/48€0.2m
Income statement Code2025
Remuneration, social security and pensions62€0.03m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.008m
Other operating charges640/8€0.003m
Gross operating margin9900-€0.1m
Operating profit (loss)9901-€0.1m
Financial income75/76B€0.002m
Recurring financial income75€0.002m
Financial charges65/66B€0.01m
Recurring financial charges65€0.01m
Profit (loss) for the period before taxes9903-€0.2m
Profit (loss) for the period9904-€0.2m
Profit (loss) for the period to be appropriated9905-€0.2m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.2m
Social balance sheet
Average headcount (FTE)90871.0

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€27,486
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,302
Other operating charges640/8€2,748
Gross operating margin9900-€109,949
Operating profit (loss)9901-€148,486
Financial income75/76B€1,953
Recurring financial income75€1,953
Financial charges65/66B€10,499
Recurring financial charges65€10,499
Profit (loss) for the period before taxes9903-€157,031
Profit (loss) for the period9904-€157,031
Profit (loss) for the period to be appropriated9905-€157,031
Line2025
Assets
Total assets20/58€1.6m
Formation expenses20€436
Fixed assets21/28€0.3m
Tangible fixed assets22/27€0.3m
Plant, machinery and equipment23€0.08m
Leasing and similar rights25€0.05m
Other tangible fixed assets26€0.2m
Current assets29/58€1.3m
Stocks and contracts in progress3€0.9m
Stocks30/36€0.9m
Amounts receivable within one year40/41€0.2m
Trade receivables40€226
Other amounts receivable41€0.2m
Cash at bank and in hand54/58€0.1m
Equity and liabilities
Total equity and liabilities10/49€1.6m
Equity10/15-€0.1m
Contributions10/11€0.01m
Profit (loss) carried forward14-€0.2m
Amounts payable17/49€1.7m
Amounts payable after more than one year17€0.2m
Financial debts170/4€0.2m
Amounts payable within one year42/48€1.5m
Current portion of amounts payable after more than one year42€0.01m
Trade debts44€1.3m
Suppliers440/4€1.3m
Advances received on contracts in progress46€0.004m
Taxes, remuneration and social security45€0.003m
Taxes450/3€0.001m
Remuneration and social security454/9€0.002m
Other amounts payable47/48€0.2m
Line2025
Profit (loss) for the period9904-€157,031
+ Depreciation and write-downs630€8,302
Operating cash flow (approximation)-€148,729

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 17-06-2026 2026-00168158

Similar companies · same sector, comparable size

Of the 1,681 active companies whose main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521), figures are known for 1,272. 609 are within a factor 10 of this headcount. These 5 are the closest to it. See the whole sector

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