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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Malver from Brugge, company number BE0695767736, closed financial year 2025 with a result of € -15,775 after tax. For that financial year Malver recorded a gross margin of € -14,965 and equity of € -27,526. Compared with financial year 2024, the result moved from € -5,964 to € -15,775. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ -27,526
▼ € 15,775 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,775
▼ 164 % more loss than in 2024
Profit after tax over the fiscal year.
€ 636
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -33,726.
Debts at end 2025
€ 440,000
Loans from banks and other lenders, long and short.
€ 11,338
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,073 | € -2,991 | € -5,187 | € -14,965 | ▼ € 9,778 |
| Profit after taxes | € -1,832 | € -3,785 | € -5,964 | € -15,775 | ▼ € 9,811 |
| Equity | € -2,002 | € -5,786 | € -11,750 | € -27,526 | ▼ € 15,775 |
| Total debts | € 440,691 | € 440,806 | € 446,087 | € 461,055 | ▲ 3% |
| Cash | € 5,797 | € 2,127 | € 1,444 | € 636 | ▼ 56% |
| Retained profit | € -8,202 | € -11,986 | € -17,950 | € -33,726 | ▼ € 15,775 |
| Bank debt | € 440,000 | € 440,000 | € 440,000 | € 440,000 | |
| Balance sheet total | € 438,690 | € 435,020 | € 434,337 | € 433,530 |
Key figures of Malver, 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 Malver?
What happened at Malver in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,775. Source: NBB ↗
- New establishment in Brugge. KBO
- Bruno Malbrancke became a director. NBB
- Christophe Verheecke became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,832 loss in 2022 to € 15,775 loss in 2025.
Management
Behind Malver are Bruno Malbrancke and Christophe Verheecke. It owns 50% of Immo Helewaut itself.
Establishments
Establishment units
Physical locations of this company
Sint-Niklaasstraat 2
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0695.767.736
- VAT number
- BE 0695.767.736
- Registered office
- Sint-Niklaasstraat 2, 8000 Brugge
- Names & denominations
- Malver
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2018
- Peppol
- Active · Active since 22 May 2025
- Activities · NACE
Activiteiten van holdings
Holdings