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MALYSSE

Active Public limited companyfounded 1994active for 31 yearsBissegemsestraat 74, 8501 KortrijkKBO/BCE: BE 0454.026.118 subsidiary of #2 company by total assets in Kortrijk, Other services sector
Part of the group 7 companies

Lifetime

20 annual accounts with figures on one time axis, 31 filings since 1995
peak €29.8m (2025)
€29.8m▲ 5.8%
lowest -€4.0m (2022)
€426,836▲ €4.0m
peak €9.5m (2009)
-€7.1m▲ €111,951
€21.6m▼ 29.1%
peak 364.6 FTE (2010)
175.6 FTE▼ 4.6%
Board16 names since 2016all names
3 directors and 2 others
Owners5 names in the annual accounts
consolidates
Documentsfilings and deeds
29-09-202660 days late
2025financial year
Back to profit: €426,8361 director appointed, 2 reappointments 29-091 director resigning 04-031 director resigning 09-01Debts from €30.5m to €21.6mCash from €52,984 to €35,892

Key points

from the 2025 annual accounts

Overdue debts

€338,571 on 31-12-2025

The annual accounts state €338,571 of overdue social security (RSZ) debts on 31-12-2025.

Equity

-€7.1m
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

€426,836 €426,836
-€3.6m2024€427,0002025

Back in profit in 2025, after a loss of €3.6m in 2024.

Debts

€21.6m 149% of the balance sheet
Financial debts 9%Suppliers 37%Taxes and wages 6%Other 48%

€2.4m of the debts are secured on the company's own assets. In 2021 that was €1.1m.

Staff

175.6 FTE from 364.6 in 2010

Between 2010 and 2025, 52% of the full-time equivalents disappeared.

Position in the sector

-€7.1m

Less equity than 95% of companies in personal services. Sector median €321,381 · 161 companies.

2025 accounts filed 60 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 133 companies had the same profile as MALYSSE has now. Each dot is one company, two years later.

94.7%
were still trading
3.8%
stopped another way
0.8%
went bankrupt
  • Medium-sized
  • negative equity
  • a profit under 5% of the balance sheet
  • without age

Another 0.8% 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 133 companies, not a prediction for MALYSSE. 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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Signals

Board and ownership

Director, , since 24-06-2021
Director,
Director, , since 01-10-2025
Auditor,
  • 98.25%score equity €7.4m (2025) · 2025 annual accounts of
  • consolidatesannual accounts 2025
  • 1.75%score equity -€601,916 (2025) · 2025 annual accounts of
Board & ownership

Recent changes

1 director appointed, 2 reappointments Appointment: . · Permanent representatives: , and · Reappointments: . and . · General meeting of 08-09-2025 · Gazette deed
1 director resigning · Permanent representatives: , and · General meeting of 31-01-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 9925:BE0454026118
1 director resigning · Permanent representatives: , and · Director discharge: · General meeting of 10-12-2024 · Gazette deed
All 52 events

Comparable companies

same main activity, similar in size and age
Company
MALYSSE Kortrijk €29.8m 2.9% -49.2% 175.6
BLANCHISSERIE DUMOULIN Comines-Warneton €26.1m 3.7% 53.5% 113.8
SCALDIS ST-MARTIN Péruwelz €21.0m 16.6% 52.2% 126.3
CLOVA Wommelgem €19.8m 3.3% 8.1% 203.6
BLANCHISSERIE BASSE MEUSE Herstal €15.2m 13.2% 68.5% 123.8
SERVITEX Herve €11.4m -6.9% 21.4% 106
LAUNDRY SOLUTIONS Deinze €23.5m 7.1% 19.3% 175.2
-10%0%10%20%€500,000€5m€50mMALYSSEEBIT margin

Grey: the largest companies of the sector (personal services (NACE 96)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as MALYSSE: personal service activities (NACE 96101). They are comparable in size and age: total assets between €11m and €24m, founded between 1980 and 1998.

Official details

Source: KBO
Status
Active since 23-12-1994Normal situation
Activity
Personal service activitiesNACE 96101
Joint committees
110Textile care
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment units
2.072.244.4549500 Geraardsbergen, since 04-07-1995
2.072.244.3558501 Kortrijk, since 09-10-1998and 2 others
Financial year end
31 December
Peppol
Reachable since 29-01-2025
Company details

Annual accounts 2025

€14.5m▼ 37.6%
Employeeson 31-12-2025
194▼ 6.3%
Filing
Filed on 29-09-2026
Financials

Companies linked to MALYSSE

Parent and group

Insights on MALYSSE

MALYSSE has existed since 1994. Turnover grew from €24.4m in 2006 to €29.8m in 2025.

Turnover has grown every year since 2021. Solvency fell in 2025 from -31.1% to -49.2%.

holds 98.25% of the shares. In February 2024, the Official Gazette published the appointment of as managing director.

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 MALYSSE

What is the company number of MALYSSE?
The company number of MALYSSE is 0454.026.118. The VAT number is the same number with BE in front: BE 0454.026.118.
Where is MALYSSE based?
The registered office is at Bissegemsestraat 74, 8501 Kortrijk.Company details
What does MALYSSE do?
According to the KBO register, the main activity is personal service activities (NACE 96101).
What is the legal form of MALYSSE?
MALYSSE is a public limited company (NV).
When was MALYSSE founded?
MALYSSE was founded on 23-12-1994.
Is MALYSSE still active?
Yes, MALYSSE is an active enterprise in the KBO register.
How many employees does MALYSSE have?
MALYSSE had an average of 175.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MALYSSE fall under?
In its 2025 annual accounts, MALYSSE states joint committees 110 (Textile care) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of MALYSSE?
The turnover of MALYSSE was €29.8m in financial year 2025, according to the filed annual accounts.
Is MALYSSE profitable?
In financial year 2025, MALYSSE made a profit of €426,836.
Where can I find the annual accounts of MALYSSE?
MALYSSE filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MALYSSE due?
MALYSSE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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