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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Malco from Ingelmunster, company number BE0429215892, closed financial year 2025 with a result of € 7,396 after tax. For that financial year Malco recorded a gross margin of € 115,884 and equity of € 9,173. Compared with financial year 2024, the result moved from € -11,833 to € 7,396. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2026.
€ 9,173
▲ € 7,396 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,396
▲ still € 11,833 loss in 2024
Profit after tax over the fiscal year.
€ 76,128
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -9,427.
People and assets in 2025
2.7
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 101,233
▲ 14% vs 2024
€ 37,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 134,763
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,981
▲ 62% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 85,655 | € 132,883 | € 77,795 | € 115,884 | ▲ 49% |
| Profit after taxes | € -11,850 | € 29,259 | € -11,833 | € 7,396 | ▲ € 19,229 |
| Equity | € 20,178 | € 13,610 | € 1,778 | € 9,173 | ▲ € 7,396 |
| Total debts | € 162,711 | € 171,922 | € 140,734 | € 146,445 | ▲ 4% |
| Cash | € 84,003 | € 31,784 | € 74,795 | € 76,128 | ▲ 2% |
| Retained profit | € 1,578 | € -4,990 | € -16,822 | € -9,427 | ▲ € 7,396 |
| Dividend | € 0 | € 35,827 | € 0 | € 0 | |
| Balance sheet total | € 182,889 | € 185,532 | € 142,511 | € 155,618 | ▲ 9% |
| Employees (FTE) | - | - | 2.3 | 2.7 | ▲ 0.4 |
Key figures of Malco, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Malco?
What happened at Malco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,396. filed late Source: NBB ↗
- Michiel Desmet became a director. NBB
- Veda NV became a director. NBB
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,850 loss in 2022 to € 7,396 profit in 2025.
Paid € 207 in corporate taxes since 2022.
Best year ever: 2023, with € 29,259 profit.
On average € 42,900 of value added per employee in 2025.
Management
Behind Malco are Michiel Desmet and Veda NV. Veda NV is also behind BEST, S.D.D., WILMAR, Marcan and UNICOL.
Establishments
Establishment units
Physical locations of this company
Nijverheidstraat 2A
8770 Ingelmunster
Gen. Eisenhowerstraat 51
8520 Kuurne
Active since 3 November 1986
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →BEST same network
€ 1.1 million gross margin · 2025
WILMAR same network
€ 100,366 gross margin · 2025
UNICOL same network
€ 522,108 gross margin · 2025
LENDAL same network
€ 1.8 million gross margin · 2025
Theuco same network
€ 1.1 million gross margin · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.215.892
- VAT number
- BE 0429.215.892
- Registered office
- Nijverheidstraat 2A, 8770 Ingelmunster
- Names & denominations
- Malco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 1986
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
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