Malimo
ActiveSummary
Malimo has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.79M and a net result of €166k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 61% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▲+12
Solvency70▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 8.13 against 7.84 in 2024; short-term debt: 8.4% and cash: 5.7% of total assets), but 54.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.3%
Return on assets
2.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 06-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
23 d early
2023
14 d early
2022
38 d early
2021
38 d early
2020
1 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-12-2026 close30-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.79M▲ 6.3%
2024 · €2.62M
2018: €1.96Mlowest in 8 years
2019: €2.12M▲ +7.7% vs 2018
2020: €2.31M▲ +9.3% vs 2019
2021: €2.49M▲ +7.9% vs 2020
2022: €2.57M▲ +3.0% vs 2021
2023: €2.68M▲ +4.5% vs 2022
2024: €2.62M▼ -2.4% vs 2023
2025: €2.79M▲ +6.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€6.15M▲ 2.4%
2024 · €6.01M
2018: €5.54Mlowest in 8 years
2019: €5.68M▲ +2.5% vs 2018
2020: €5.81M▲ +2.2% vs 2019
2021: €5.97M▲ +2.7% vs 2020
2022: €6.17M▲ +3.4% vs 2021
2023: €6.26M▲ +1.5% vs 2022highest in 8 years
2024: €6.01M▼ -3.9% vs 2023
2025: €6.15M▲ +2.4% vs 2024
2018 → 2025
Net result
€166k▲ 913%
2024 · €16k
2018: €49k
2019: €151k▲ +211% vs 2018
2020: €196k▲ +29.3% vs 2019
2021: €182k▼ -7.2% vs 2020
2022: €225k▲ +23.7% vs 2021
2023: €266k▲ +18.4% vs 2022highest in 8 years
2024: €16k▼ -93.9% vs 2023lowest in 8 years
2025: €166k▲ +913% vs 2024
2018 → 2025
Working capital
€3.67M▲ 7.7%
2024 · €3.41M
2018: €2.55Mlowest in 8 years
2019: €2.56M▲ +0.4% vs 2018
2020: €2.77M▲ +8.3% vs 2019
2021: €3.05M▲ +10.2% vs 2020
2022: €3.20M▲ +4.9% vs 2021
2023: €3.36M▲ +4.7% vs 2022
2024: €3.41M▲ +1.6% vs 2023
2025: €3.67M▲ +7.7% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.49M-€2.57M▲ 3.0%€2.68M▲ 4.5%€2.62M▼ 2.4%€2.79M▲ 6.3%
2021: €2.49Mlowest in 5 years
2022: €2.57M▲ +3.0% vs 2021
2023: €2.68M▲ +4.5% vs 2022
2024: €2.62M▼ -2.4% vs 2023
2025: €2.79M▲ +6.3% vs 2024highest in 5 years
Operating result€243k-€301k▲ 23.7%€352k▲ 17.0%€144k▼ 59.1%€343k▲ 138%
2021: €243k
2022: €301k▲ +23.7% vs 2021
2023: €352k▲ +17.0% vs 2022highest in 5 years
2024: €144k▼ -59.1% vs 2023lowest in 5 years
2025: €343k▲ +138% vs 2024
Net result€182k-€225k▲ 23.7%€266k▲ 18.4%€16k▼ 93.9%€166k▲ 913%
2021: €182k
2022: €225k▲ +23.7% vs 2021
2023: €266k▲ +18.4% vs 2022highest in 5 years
2024: €16k▼ -93.9% vs 2023lowest in 5 years
2025: €166k▲ +913% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 138% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.15M
Fixed assets
€1.97M ▼ 6.6%
Current assets
€4.19M ▲ 7.2%
Equity and liabilities €6.15M
Equity
€2.79M ▲ 6.3%
Provisions
€2.74M ▼ 1.0%
Debt
€626k ▲ 0.5%
Debt's share of the balance-sheet total falls from 10.4% to 10.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€482k▲
2024 · €282k
Cash flow
€305k▲
2024 · €154k
Current ratio
8.13▲
2024 · 7.84
Debt to equity
0.22▼
2024 · 0.24
ROE
5.9%▲
2024 · 0.6%
ROA
2.7%▲
2024 · 0.3%
Interest coverage
2.68▲
2024 · 1.52
Debt ≤ 1 year
€515k▲
2024 · €498k
Debt > 1 year
€39k▼
2024 · €48k
Income taxes
€61k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.01M€6.15M▲
Fixed assets21/28€2.11M€1.97M▼
Tangible fixed assets22/27€2.11M€1.97M▼
Land and buildings22€2.11M€1.97M▼
Current assets29/58€3.91M€4.19M▲
Amounts receivable within one year40/41€2.91M€3.03M▲
Trade receivables40€0€71k▲
Other amounts receivable41€2.91M€2.96M▲
Current investments50/53€154k€154k=
Cash at bank and in hand54/58€188k€349k▲
Deferred charges and accrued income490/1€652k€655k▲
Equity and liabilities
Total equity and liabilities10/49€6.01M€6.15M▲
Equity10/15€2.62M€2.79M▲
Contributions10/11€32k€32k=
Reserves13€2.59M€2.75M▲
Tax-exempt reserves132€274k€240k▼
Distributable reserves133€2.31M€2.51M▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€2.77M€2.74M▼
Provisions for liabilities and charges160/5€2.63M€2.62M▼
Other liabilities and charges164/5€2.63M€2.62M▼
Deferred taxes168€141k€124k▼
Amounts payable17/49€622k€626k▲
Amounts payable after more than one year17€48k€39k▼
Financial debts170/4€48k€39k▼
Amounts payable within one year42/48€498k€515k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€266€14k▲
Suppliers440/4€266€14k▲
Taxes, remuneration and social security45€16k€20k▲
Taxes450/3€12k€12k=
Remuneration and social security454/9€4k€9k▲
Other amounts payable47/48€473k€472k▼
Accrued charges and deferred income492/3€76k€72k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€137k€139k▲
Other operating charges640/8€20k€20k▲
Gross operating margin9900€301k€502k▲
Operating profit (loss)9901€144k€343k▲
Financial income75/76B€52k€45k▼
Recurring financial income75€52k€45k▼
Financial charges65/66B€185k€180k▼
Recurring financial charges65€185k€180k▼
Profit (loss) for the period before taxes9903€11k€209k▲
Transfer from deferred taxes780€18k€18k=
Income taxes67/77€13k€61k▲
Profit (loss) for the period9904€16k€166k▲
Transfer from tax-exempt reserves789€34k€34k=
Profit (loss) for the period to be appropriated9905€51k€200k▲
Appropriation of the result
Profit (loss) to be appropriated9906€51k€200k▲
Transfer from equity791/2€80k€0▼
Transfer to equity691/2€51k€200k▲
To other reserves6921€51k€200k▲
Profit to be distributed694/7€80k€0▼
Return on contributions (dividend)694€80k€0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €5k | €-38 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €134k | €136k | €144k | €137k | €139k | ▲ 1.1% |
| Other operating charges640/8 | €15k | €17k | €18k | €20k | €20k | ▲ 0.2% |
| Gross operating margin9900 | €398k | €454k | €515k | €301k | €502k | ▲ 66.7% |
| Operating profit (loss)9901 | €243k | €301k | €352k | €144k | €343k | ▲ 138% |
| Financial income75/76B | €156k | €154k | €165k | €52k | €45k | ▼ 12.9% |
| Recurring financial income75 | €156k | €154k | €165k | €52k | €45k | ▼ 12.9% |
| Financial charges65/66B | €166k | €167k | €175k | €185k | €180k | ▼ 2.7% |
| Recurring financial charges65 | €166k | €167k | €175k | €185k | €180k | ▼ 2.7% |
| Profit (loss) for the period before taxes9903 | €233k | €287k | €342k | €11k | €209k | ▲ 1,730% |
| Transfer from deferred taxes780 | €18k | €18k | €18k | €18k | €18k | = |
| Income taxes67/77 | €69k | €80k | €94k | €13k | €61k | ▲ 379% |
| Profit (loss) for the period9904 | €182k | €225k | €266k | €16k | €166k | ▲ 913% |
| Transfer from tax-exempt reserves789 | €53k | €34k | €34k | €34k | €34k | = |
| Profit (loss) for the period to be appropriated9905 | €235k | €259k | €300k | €51k | €200k | ▲ 295% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.97M | €6.17M | €6.26M | €6.01M | €6.15M | ▲ 2.4% |
| Fixed assets21/28 | €2.41M | €2.29M | €2.22M | €2.11M | €1.97M | ▼ 6.6% |
| Tangible fixed assets22/27 | €2.41M | €2.29M | €2.22M | €2.11M | €1.97M | ▼ 6.6% |
| Land and buildings22 | €2.41M | €2.29M | €2.22M | €2.11M | €1.97M | ▼ 6.6% |
| Current assets29/58 | €3.56M | €3.87M | €4.04M | €3.91M | €4.19M | ▲ 7.2% |
| Amounts receivable after more than one year29 | €1.81M | €0 | - | - | - | - |
| Other amounts receivable291 | €1.81M | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €1.01M | €3.04M | €3.09M | €2.91M | €3.03M | ▲ 4.0% |
| Trade receivables40 | €2k | €742 | €4k | €0 | €71k | - |
| Other amounts receivable41 | €1.00M | €3.04M | €3.08M | €2.91M | €2.96M | ▲ 1.6% |
| Current investments50/53 | €154k | €154k | €154k | €154k | €154k | = |
| Cash at bank and in hand54/58 | €171k | €155k | €148k | €188k | €349k | ▲ 85.4% |
| Deferred charges and accrued income490/1 | €418k | €528k | €649k | €652k | €655k | ▲ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.97M | €6.17M | €6.26M | €6.01M | €6.15M | ▲ 2.4% |
| Equity10/15 | €2.49M | €2.57M | €2.68M | €2.62M | €2.79M | ▲ 6.3% |
| Contributions10/11 | €32k | €32k | €32k | €32k | €32k | = |
| Reserves13 | €2.46M | €2.54M | €2.65M | €2.59M | €2.75M | ▲ 6.4% |
| Non-distributable reserves130/1 | €4k | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €4k | €0 | - | - | - | - |
| Tax-exempt reserves132 | €377k | €343k | €309k | €274k | €240k | ▼ 12.5% |
| Distributable reserves133 | €2.08M | €2.19M | €2.34M | €2.31M | €2.51M | ▲ 8.6% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €2.85M | €2.82M | €2.80M | €2.77M | €2.74M | ▼ 1.0% |
| Provisions for liabilities and charges160/5 | €2.66M | €2.65M | €2.64M | €2.63M | €2.62M | ▼ 0.4% |
| Other liabilities and charges164/5 | €2.66M | €2.65M | €2.64M | €2.63M | €2.62M | ▼ 0.4% |
| Deferred taxes168 | €194k | €177k | €159k | €141k | €124k | ▼ 12.5% |
| Amounts payable17/49 | €623k | €775k | €776k | €622k | €626k | ▲ 0.5% |
| Amounts payable after more than one year17 | €73k | €65k | €56k | €48k | €39k | ▼ 18.1% |
| Financial debts170/4 | €73k | €65k | €56k | €48k | €39k | ▼ 18.1% |
| Amounts payable within one year42/48 | €508k | €670k | €681k | €498k | €515k | ▲ 3.4% |
| Current portion of amounts payable after more than one year42 | €8k | €8k | €8k | €9k | €9k | ▲ 1.6% |
| Trade debts44 | €635 | €290 | €3k | €266 | €14k | ▲ 5,229% |
| Suppliers440/4 | €635 | €290 | €3k | €266 | €14k | ▲ 5,229% |
| Taxes, remuneration and social security45 | €6k | €6k | €10k | €16k | €20k | ▲ 26.7% |
| Taxes450/3 | €6k | €6k | €10k | €12k | €12k | = |
| Remuneration and social security454/9 | €0 | - | - | €4k | €9k | ▲ 100% |
| Other amounts payable47/48 | €493k | €656k | €660k | €473k | €472k | ▼ 0.3% |
| Accrued charges and deferred income492/3 | €42k | €40k | €39k | €76k | €72k | ▼ 6.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €182k | €225k | €266k | €16k | €166k | ▲ 913% |
| + Depreciation and write-downs630 | €134k | €136k | €144k | €137k | €139k | ▲ 1.1% |
| Operating cash flow (approximation) | €316k | €361k | €411k | €154k | €305k | ▲ 98.1% |
| Investment in fixed assets (approximation) | - | €-24k | €-73k | €-24k | €0 | ▲ 100% |
| Change in cash | - | €-16k | €-7k | €40k | €161k | ▲ 301% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-12
Financial
Weakest financial yearnet €16k ▼93.9%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-12
Financial
Highest result since 2018net €266k ▲18.4%
Operating result €352k, net result €266k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-12
Financial
Equity above €2MEq €2.12M ▲7.7%
2 profitable years in a row build equity to €2.12M.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2001
Ground area
2,167 m²
Building footprint
282 m²
Volume, LiDAR
2,143 m³
Parcel 34353B0036/00R004, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Malimo
since 20012.181.868.807
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0036/00R004 | Flanders | 2,167 m² | 1 · 282 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600M250GGU2HXIK92
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Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 3,313 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-03-2001
Fiscal year end30-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.