Warning lights
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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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Malmar Handel from Sint-Lievens-Houtem, company number BE0451010012, closed financial year 2025 with a result of € 225,029 after tax. For that financial year Malmar Handel recorded a gross margin of € 1.3 million and equity of € 688,185. Compared with financial year 2024, the result moved from € 303,663 to € 225,029. The company is profitable. 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 July 7, 2026.
€ 688,185
▲ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 225,029
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 287,815
▲ 222% 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 € 621,179.
People and assets in 2025
8.5
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 686,511
▲ 15% vs 2024
€ 80,800 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.
€ 145,752
▲ € 109,902 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.4 million
▲ 122% vs 2024
€ 92,123 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 693,830
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 209,001
▲ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 250,294 | € 613,774 | € 1,259,070 | € 1,283,402 | ▲ 2% |
| Profit after taxes | € 3,070 | € 49,345 | € 303,663 | € 225,029 | ▼ 26% |
| Equity | € 313,810 | € 363,155 | € 463,155 | € 688,185 | ▲ 49% |
| Total debts | € 2,094,576 | € 2,354,144 | € 3,674,072 | € 4,942,266 | ▲ 35% |
| Cash | € 6,087 | € 356,847 | € 89,273 | € 287,815 | ▲ 222% |
| Retained profit | € 246,804 | € 296,150 | € 396,150 | € 621,179 | ▲ 57% |
| Dividend | € 0 | € 0 | € 203,663 | € 0 | ▼ 100% |
| Bank debt | € 1,561,579 | € 1,542,351 | € 1,544,856 | € 3,424,217 | ▲ 122% |
| Balance sheet total | € 2,408,387 | € 2,717,299 | € 4,137,227 | € 5,630,450 | ▲ 36% |
| Employees (FTE) | 5.6 | 6.8 | 9 | 8.5 | ▼ 0.5 |
Key figures of Malmar Handel, 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 Malmar Handel?
What happened at Malmar Handel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 225,029 (▼ 26% vs 2024). Source: NBB ↗
- New establishment in Lierde. KBO
- Guille GCV became a director. NBB
- New establishment in Sint-Lievens-Houtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,070 profit in 2022 to € 225,029 profit in 2025.
Paid € 209,689 in corporate taxes since 2022.
Best year ever: 2024, with € 303,663 profit.
On average € 151,000 of value added per employee in 2025.
Management
Behind Malmar Handel is Guille GCV. It owns 100% of MM-Safety Nederland itself.
Directors
According to the 2025 annual accounts
since 2011
Establishments
Establishment units
Physical locations of this company
Strijmeers 117B
9520 Sint-Lievens-Houtem
Wolfsveld 7
9570 Lierde
Active since 1 September 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.010.012
- VAT number
- BE 0451.010.012
- Registered office
- Strijmeers 117B, 9520 Sint-Lievens-Houtem
- Names & denominations
- Malmar Handel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1993
- Peppol
- Active · Active since 13 Oct 2025
- Activities · NACE
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