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MALUGA

Active Private limited companyfounded 1986active for 40 yearsDelleurlaan 19, 1170 Watermael-BoitsfortKBO/BCE: BE 0428.889.161

Lifetime

20 annual accounts with figures on one time axis, 30 filings since 1996
peak €250,142 (2024)
€61,181▼ 75.5%
lowest -€39,477 (2022)
€6,872▼ 95.3%
peak €398,358 (2024)
€391,231▼ 1.8%
€43,762▼ 23.0%
Board1 name since 2004
1 director
Documentsfilings and deeds
24-09-202655 days late
2025micro format
Gross margin from €250,142 to €61,181Result from €146,599 to €6,872Dividend €14,000Debts from €56,804 to €43,762

Key points

from the 2025 annual accounts

Equity

€391,231 ▼ 1.8%
398,3582024+6,872Profit-14,000Dividend391,2312025

MALUGA paid out €14,000 in dividends. That is 204% of the 2025 profit.

Result

€6,872 ▼ 95.3%
€147,0002024€6,8702025

The result fell in 2025 from €146,599 to €6,872.

Filings

30 annual accounts since 1996
AprilJune31 JulyOctober200020102020

Six of the last ten came late. The 2025 accounts came latest: 55 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,035 companies had the same profile as MALUGA has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,035 companies, not a prediction for MALUGA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 01-12-2004
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0428889161
Amendment of the articles · Legal-form change General meeting of 20-12-2022 · Gazette deed
Registered office moved within Watermael-Boitsfort New registered office: Avenue Delleur 19 à 1170 Watermael-Boitsfort · Previous registered office: Drève du Duc 17 à 1170 Watermael-Boitsfort · Board meeting of 20-08-2016 · Gazette deed
New establishment in Lasne Tienne du Peuthy 13
All 43 events

Official details

Source: KBO
Status
Active since 01-05-1986Normal situation
Activity
“En assurant la gestion d'un centre médical ou d'un cabinet médical,en ce compris l'acquisition,la…” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
Establishment units
2.037.289.2181170 Watermael-Boitsfort, since 24-11-1994
2.289.415.0811380 Lasne, since 01-01-2015
Financial year end
31 December
Peppol
Reachable since 13-05-2025
Company details

Annual accounts 2025

≈ €180,000estimated
€434,993▼ 4.4%
Filing
Filed on 24-09-2026
Financials

Insights on MALUGA

MALUGA files the micro format. That format states no turnover. The gross margin fell from €110,194 in 2006 to €61,181 in 2025.

The balance sheet grew most from 2015 to 2017 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MALUGA

What is the company number of MALUGA?
The company number of MALUGA is 0428.889.161. The VAT number is the same number with BE in front: BE 0428.889.161.
Where is MALUGA based?
The registered office is at Delleurlaan 19, 1170 Watermael-Boitsfort.Company details
What is the legal form of MALUGA?
MALUGA is a private limited company (BV).
When was MALUGA founded?
MALUGA was founded on 01-05-1986.
Is MALUGA still active?
Yes, MALUGA is an active enterprise in the KBO register.
What is the turnover of MALUGA?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €61,181 and 2,666 comparable companies of the same size. It probably lies between €120,000 and €320,000. It is a rough estimate.Financials
Is MALUGA profitable?
In financial year 2025, MALUGA made a profit of €6,872.
Where can I find the annual accounts of MALUGA?
MALUGA filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MALUGA due?
MALUGA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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