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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
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ETABLISSEMENTS MALICE from Brussel, company number BE0441449473, closed financial year 2025 with a result of € 526,848 after tax. For that financial year ETABLISSEMENTS MALICE recorded revenue of € 11.2 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 1.1 million to € 526,848. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 2.6 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 526,848
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 555,522
▼ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 400,000 paid out
76 % of the profit went to the shareholders, mostly to LM INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2025
39.8
▼ 3.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▼ 1% vs 2024
€ 64,900 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.
€ 799,837
▲ 1% vs 2024
Of which on lease € 699,240.
Debts at end 2025
€ 834,906
▼ 7% vs 2024
€ 256,131 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1 million
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 380,200
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,296,574 | € 17,990,081 | € 23,542,866 | € 11,249,805 | ▼ 52% |
| Profit after taxes | € 559,614 | € 1,014,761 | € 1,072,845 | € 526,848 | ▼ 51% |
| Equity | € 1,317,449 | € 1,802,210 | € 2,475,055 | € 2,601,903 | ▲ 5% |
| Total debts | € 4,752,408 | € 4,375,845 | € 3,268,054 | € 2,810,056 | ▼ 14% |
| Cash | € 1,476,533 | € 1,418,792 | € 1,867,276 | € 555,522 | ▼ 70% |
| Land & buildings | € 153,151 | € 77,042 | € 17,898 | € 9,555 | ▼ 47% |
| Retained profit | € 1,017,449 | € 1,502,210 | € 2,175,055 | € 2,301,903 | ▲ 6% |
| Dividend | € 350,000 | € 530,000 | € 400,000 | € 400,000 | |
| Bank debt | € 1,974,102 | € 1,094,490 | € 897,390 | € 834,906 | ▼ 7% |
| Balance sheet total | € 6,099,858 | € 6,208,055 | € 5,927,586 | € 5,411,959 | ▼ 9% |
| Employees (FTE) | 36.9 | 43.2 | 43.3 | 39.8 | ▼ 3.5 |
Key figures of ETABLISSEMENTS MALICE, 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 ETABLISSEMENTS MALICE?
What happened at ETABLISSEMENTS MALICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LM IMVEST SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 526,848 (▼ 51% vs 2024). Source: NBB ↗
- LM IMVEST SRL became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 559,614 profit in 2022 to € 526,848 profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.1 million profit.
Paid out € 1.7 million in dividends to the owners in total.
Management
The stake of LM INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ETABLISSEMENTS MALICEThe shares are held by LM INVEST (100%).
Directors
According to the 2025 annual accounts
Director · represented by Laurent Malice
Also active at: MetalSight, BELGISCHE VENNOOTSCHAP ONROEREND GOED
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Marlylaan 15
1120 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Fonds de sécurité d'existence pour le secteur des électriciens Volta - Fonds voor bestaanszekerheid voor de sector der elektriciens Volta
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€ 927,980 revenue · 2025
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+5 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
- 0441.449.473
- VAT number
- BE 0441.449.473
- Registered office
- Marlylaan 15, 1120 Brussel
- Names & denominations
- ETABLISSEMENTS MALICE · Ets MALICE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 1990
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Algemene bouw van andere niet-residentiële gebouwen
Schrijnwerk
Algemene elektrotechnische installatiewerken
Sanitaire werkzaamheden