Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Malt Capital from Huldenberg, company number BE0717654894, closed financial year 2025 with a result of € 17,127 after tax. For that financial year Malt Capital recorded a gross margin of € 26,724 and equity of € -95,262. Compared with financial year 2024, the result moved from € -50,350 to € 17,127. Profitable, and profit is growing. 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 August 28, 2026.
€ -95,262
▲ € 17,127 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,127
▲ still € 50,350 loss in 2024
Profit after tax over the fiscal year.
€ 31,894
▲ 11% 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 € -101,462.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 8,983
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 21,217
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,510
▲ 20% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -37,009 | € -139,791 | € -35,896 | € 26,724 | ▲ € 62,620 |
| Profit after taxes | € -45,774 | € -150,059 | € -50,350 | € 17,127 | ▲ € 67,477 |
| Equity | € 88,019 | € -62,039 | € -112,389 | € -95,262 | ▲ € 17,127 |
| Total debts | € 26,601 | € 109,651 | € 180,106 | € 468,332 | ▲ 160% |
| Cash | € 68,595 | € 3,553 | € 28,767 | € 31,894 | ▲ 11% |
| Retained profit | € 81,819 | € -68,239 | € -118,589 | € -101,462 | ▲ € 17,127 |
| Balance sheet total | € 114,621 | € 47,611 | € 67,717 | € 373,071 | ▲ € 305,354 |
Key figures of Malt Capital, 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 Malt Capital?
What happened at Malt Capital in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,127. filed late Source: NBB ↗
- New establishment in Overijse. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,774 loss in 2022 to € 17,127 profit in 2025.
Paid € 1,565 in corporate taxes since 2022.
Best year ever: 2025, with € 17,127 profit.
Management
Behind Malt Capital are Béatrice DE LOBKOWICZ Ludmilla and Mathieu DE SCHIETERE DE LOPHEM. It owns 50% of ELU HoldCo and 50% of TSHANGA itself.
Directors
According to the 2025 annual accounts
Béatrice DE LOBKOWICZ Ludmilla
Director
Mathieu DE SCHIETERE DE LOPHEM
Director
Establishments
Establishment units
Physical locations of this company
Hasselheidestraat(OTT) 11
3040 Huldenberg
Ranklaan 8
3090 Overijse
Active since 4 January 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0717.654.894
- VAT number
- BE 0717.654.894
- Registered office
- Hasselheidestraat(OTT) 11, 3040 Huldenberg
- Names & denominations
- Malt Capital
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2019
- Peppol
- Active · Active since 27 Dec 2025
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