MALUKA
ActiveMALUKA has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140k and a net result of €-43k. Equity is growing by ~32.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 796 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-60
Solvency98▼-2
Growth78=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 2.39 in 2024), and 40% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60%
Return on assets
-18.6%
Age of the figures
8 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 23-08-2026, 23 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
23 d late
2024
29 d late
2023
6 d late
2022
21 d late
2021
60 d late
2020
31 d late
2019
84 d late
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-43k
2024 · €22k
2018: €-66k
2019: €-16k
2020: €32k
2021: €113k
2022: €66k
2023: €13k
2024: €22k
2018 → 2025
Working capital
€97k▼ 21.9%
2024 · €124k
2018: €-90k
2019: €-84k
2020: €-57k
2021: €15k
2022: €59k
2023: €86k
2024: €124k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€148k▲ 79.5%€162k▲ 9.1%€184k▲ 13.6%€140k▼ 23.7%
Operating result€124k-€80k▼ 35.4%€29k▼ 63.4%€39k▲ 31.6%€-36k
Net result€113k-€66k▼ 42.0%€13k▼ 79.5%€22k▲ 63.2%€-43k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €36k after €39k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €234k
Fixed assets
€47k▼ 31.4%
Current assets
€186k▼ 12.4%
Equity and liabilities €234k
Equity
€140k▼ 23.7%
Debt
€93k▼ 4.6%
The debt ratio rises from 34.8% to 40.0%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-4k▼
2024 · €71k
Cash flow
€-11k▼
2024 · €54k
Solvency
60.0%▼
2024 · 65.2%
Current ratio
2.08▼
2024 · 2.39
Quick ratio
1.81▼
2024 · 2.20
Debt / equity
0.67▲
2024 · 0.53
ROE
-31.0%▼
2024 · 11.9%
ROA
-18.6%▼
2024 · 7.8%
Interest coverage
-0.46▼
2024 · 10.37
Debt
€93k▼
2024 · €98k
Debt ≤ 1 year
€90k▲
2024 · €89k
Debt > 1 year
€4k▼
2024 · €9k
Income taxes
€23▼
2024 · €10k
Staff costs
€374k▲
2024 · €288k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€282k€234k▼
Fixed assets21/28€69k€47k▼
Tangible fixed assets22/27€69k€47k▼
Plant, machinery and equipment23€39k€22k▼
Furniture and vehicles24€6k€6k▲
Leasing and similar rights25€3k-
Other tangible fixed assets26€22k€19k▼
Current assets29/58€212k€186k▼
Stocks and contracts in progress3€17k€24k▲
Stocks30/36€17k€24k▲
Amounts receivable within one year40/41€8k€6k▼
Trade receivables40€8k€6k▼
Other amounts receivable41€102€102=
Cash at bank and in hand54/58€187k€154k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€282k€234k▼
Equity10/15€184k€140k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€165k€165k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€163k€163k=
Profit (loss) carried forward14-€-43k
Amounts payable17/49€98k€93k▼
Amounts payable after more than one year17€9k€4k▼
Financial debts170/4€9k€4k▼
Amounts payable within one year42/48€89k€90k▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€11k€11k▼
Suppliers440/4€11k€11k▼
Taxes, remuneration and social security45€65k€76k▲
Taxes450/3€21k€16k▼
Remuneration and social security454/9€44k€60k▲
Other amounts payable47/48€10k€3k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€627k€641k▲
Remuneration, social security and pensions62€288k€374k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€32k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€362k€374k▲
Operating profit (loss)9901€39k€-36k▼
Financial income75/76B€4€2▼
Recurring financial income75€4€2▼
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€32k€-43k▼
Income taxes67/77€10k€23▼
Profit (loss) for the period9904€22k€-43k▼
Profit (loss) for the period to be appropriated9905€22k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€-43k▼
Transfer to equity691/2€22k-
To other reserves6921€22k-
Social balance
Average headcount (FTE)90876.67.5▲
The notes to these accounts (6 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
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 23 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
2023
31-12
Financial
Equity above €150kEq €162k ▲9.1%
4 profitable years in a row build equity to €162k.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
31-12
Financial
Equity above €100kEq €148k ▲79.5%
3 profitable years in a row build equity to €148k.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial
Highest result since 2018net €113k ▲252%
Operating result €124k, net result €113k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.10
Current ratio from 0.43 to 1.10.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €32k
Net result €32k after 2 loss-making years.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
Riccardo BRANDO
CurrentNon-statutory director · since 18-12-2023
18-12-2023
Resigned as Director
18-12-2023
Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Kontich · 1 establishment unit since 1992
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.
Pluyseghemstraat 482550 KontichGround area
1.5 ha
Building footprint
1,726 m²
Volume, LiDAR
20,655 m³
2 parcels, Flanders · tallest building 32.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Cavalieri
since 19922.058.600.415
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11512B0140/00E000 | Flanders | 1.5 ha | 1 · 1,645 m² | 32.0 m · 4 fl. |
| 11024B0171/00P004 | Flanders | 349 m² | 1 · 81 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
ERDECEE
BE 0457.414.584
Maldegem · Eq €140k
'T VOORHUYS
BE 0477.553.467
Antwerpen · Eq €140k
MDZ Consulting
BE 0599.800.587
Stekene · Eq €140k
IAFARA
BE 0461.940.526
Etterbeek · Eq €140k
Woest
BE 0670.499.236
Gent · Eq €140k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,308. 9,052 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-06-1992
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.