Financials
Financial year 2025
MALFROID & COENE from Ninove, company number BE0743394637, closed financial year 2025 with a result of € 51,782 after tax. For that financial year MALFROID & COENE recorded a gross margin of € 131,365 and equity of € 72,275. Compared with financial year 2024, the result moved from € 11,321 to € 51,782. Profitable, and profit is growing. 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 August 18, 2026.
€ 72,275
▲ 149% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,782
▲ € 40,461 vs 2024
Profit after tax over the fiscal year.
€ 38,956
▲ € 32,969 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 8,500 paid out
16 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 48,780
▲ 25% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,558
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8,367
▼ 53% vs 2024
€ 4,813 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 3,168
▲ 153% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,807
▲ 73% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 63,004 | € 71,695 | € 66,301 | € 131,365 | ▲ 98% |
| Profit after taxes | € 12,747 | € 12,702 | € 11,321 | € 51,782 | ▲ € 40,461 |
| Equity | € 24,969 | € 17,671 | € 28,992 | € 72,275 | ▲ 149% |
| Total debts | € 83,440 | € 49,382 | € 37,232 | € 43,343 | ▲ 16% |
| Cash | € 3,629 | € 24,999 | € 5,987 | € 38,956 | ▲ € 32,969 |
| Retained profit | € 4,969 | € -2,329 | € 8,992 | € 52,275 | ▲ € 43,282 |
| Dividend | € 0 | € 20,000 | € 0 | € 8,500 | |
| Bank debt | € 36,223 | € 27,041 | € 17,629 | € 8,367 | ▼ 53% |
| Balance sheet total | € 108,409 | € 67,054 | € 66,225 | € 115,617 | ▲ 75% |
Key figures of MALFROID & COENE, 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 MALFROID & COENE?
What happened at MALFROID & COENE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,782 (▲ € 40,461 vs 2024). filed late Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,747 profit in 2022 to € 51,782 profit in 2025.
Paid € 25,882 in corporate taxes since 2022.
Best year ever: 2025, with € 51,782 profit.
Paid out € 28,500 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MALFROID & COENE are Stephen Malfroid and Jurgen Coene.
Directors
According to the 2025 annual accounts
Stephen Malfroid
Director
Jurgen Coene
Director
Establishments
Establishment units
Physical locations of this company
Breeweg(App) 83
9400 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0743.394.637
- VAT number
- BE 0743.394.637
- Registered office
- Breeweg(App) 83, 9400 Ninove
- Names & denominations
- MALFROID & COENE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 2020
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
Dakwerkzaamheden
Algemene bouw van residentiële gebouwen
Installatie van isolatie
Overige gespecialiseerde bouwactiviteiten, neg
Algemene reiniging van gebouwen
Overige gespecialiseerde bouwwerkzaamheden
Isolatiewerkzaamheden