ACTIVE

MALU

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Financial year 2025 · closed on 31/12/2025

Net result

818,7 k €

+132.9% YoY

Revenue

47,8 M €

+26.1% YoY

Equity

9,3 M €

+0.6% YoY

Workforce

24,9 ETP

+8.3% YoY

What does MALU do?

MALU is a Public limited company incorporated in 1974. Its main activity is: Wholesale of textiles. Its registered office is in Duffel. It employs on average 24,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0414.382.911

Incorporation

29/04/1974

Legal form

Public limited company

Registered office

Nijverheidsstraat 29
2570 Duffel · FlandreSee on map

Contributed capital

5 744 338,28 €

Latest accounts

31/12/2025

Average workforce

24,9 ETP

Activities (NACE)

46412Wholesale of textiles· main 46412Wholesale of textiles 46423Wholesale of clothing and footwear 51410Air transport 51421Air transport 46422Wholesale of clothing and footwear+4

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	47,8 M €	+26.1%	37,9 M €	-2.5%	38,9 M €	-7.8%	42,2 M €	+9.8%	38,4 M €	-13.4%	44,4 M €	+40.1%	31,7 M €	-17.6%	38,5 M €	-11.9%	43,6 M €	-14.6%	51,1 M €	+7.9%	47,4 M €	+16.0%	40,8 M €	+22.4%	33,4 M €	+37.8%	24,2 M €	+0.6%	24,1 M €	+1.7%	23,7 M €	-13.1%	27,2 M €	-15.2%	32,1 M €
EBITDA	2,2 M €	+42.3%	1,5 M €	-13.4%	1,8 M €	+81.0%	983,2 k €	-30.2%	1,4 M €	-11.4%	1,6 M €	+110%	757,2 k €	-42.4%	1,3 M €	-2.7%	1,4 M €	-35.6%	2,1 M €	+22.6%	1,7 M €	+59.7%	1,1 M €	+14.5%	935,8 k €	-19.0%	1,2 M €	-6.6%	1,2 M €	+42.7%	867,2 k €	-28.0%	1,2 M €	-35.6%	1,9 M €
Operating result	1,8 M €	+43.0%	1,3 M €	-10.7%	1,4 M €	+145%	576 k €	-44.5%	1 M €	+3.7%	1 M €	+101%	498,5 k €	-48.9%	976,3 k €	-5.7%	1 M €	-45.1%	1,9 M €	+26.3%	1,5 M €	+7.9%	1,4 M €	+43.8%	962,5 k €	-6.3%	1 M €	-6.8%	1,1 M €	+61.4%	682,6 k €	-30.4%	980,1 k €	-37.2%	1,6 M €
Net result	818,7 k €	+133%	351,5 k €	+12.5%	312,4 k €	+14718%	2,1 k €	-99.4%	373,6 k €	+45.3%	257,1 k €	+461%	-71,1 k €	-127%	268,2 k €	+52.8%	175,5 k €	-66.5%	524,4 k €	-0.4%	526,5 k €	+12.5%	467,8 k €	+122%	-2,1 M €	-962%	249,3 k €	-25.5%	334,8 k €	+120%	-1,7 M €	-790%	247,7 k €	-59.8%	615,7 k €
Balance sheet
Equity	9,3 M €	+0.6%	9,2 M €	-3.4%	9,5 M €	+3.4%	9,2 M €	+0.0%	9,2 M €	+4.2%	8,9 M €	+3.0%	8,6 M €	-0.8%	8,7 M €	-0.1%	8,7 M €	+2.1%	8,5 M €	+6.6%	8 M €	+7.1%	7,5 M €	+6.7%	7 M €	+69.0%	4,1 M €	+6.4%	3,9 M €	+12.0%	3,5 M €	+5.1%	3,3 M €	-8.9%	3,6 M €
Total assets	25,4 M €	+46.6%	17,3 M €	-37.4%	27,7 M €	+9.6%	25,2 M €	+9.7%	23 M €	-8.8%	25,2 M €	-5.4%	26,7 M €	-9.2%	29,4 M €	+2.9%	28,5 M €	-5.8%	30,3 M €	-6.5%	32,4 M €	+27.6%	25,4 M €	-17.8%	30,9 M €	+26.3%	24,4 M €	+19.3%	20,5 M €	+28.8%	15,9 M €	+8.1%	14,7 M €	+7.5%	13,7 M €
Cash	221,9 k €	-72.8%	816,3 k €	+325%	192 k €	-43.5%	339,7 k €	+33.5%	254,5 k €	-20.5%	320,3 k €	-51.0%	653,1 k €	+149%	262,7 k €	-20.2%	329,2 k €	-53.0%	699,8 k €	-31.9%	1 M €	-20.4%	1,3 M €	-43.9%	2,3 M €	+3421%	65,3 k €	-79.7%	322 k €	-56.0%	731,2 k €	+14.9%	636,4 k €	-19.9%	794,8 k €
Debts	15,5 M €	+91.7%	8,1 M €	-55.2%	18 M €	+13.1%	15,9 M €	+18.3%	13,5 M €	-16.3%	16,1 M €	-11.0%	18,1 M €	-12.3%	20,6 M €	+4.6%	19,7 M €	-9.1%	21,7 M €	-9.8%	24 M €	+38.0%	17,4 M €	-25.9%	23,5 M €	+17.5%	20 M €	+23.7%	16,2 M €	+34.0%	12,1 M €	+12.6%	10,7 M €	+16.8%	9,2 M €
Other
Workforce	24,9 ETP	+8.3%	23,0 ETP	-1.3%	23,3 ETP	+5.4%	22,1 ETP	-1.3%	22,4 ETP	-8.9%	24,6 ETP	-13.7%	28,5 ETP	-4.7%	29,9 ETP	-1.3%	30,3 ETP	-1.9%	30,9 ETP	+9.2%	28,3 ETP	-0.7%	28,5 ETP	+21.8%	23,4 ETP	+2.6%	22,8 ETP	-9.9%	25,3 ETP	-3.4%	26,2 ETP	+2.7%	25,5 ETP	-4.9%	26,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 25 ended

Active mandates

DRIKA

Gedeleg.Bestuurder + Voorzitter RvB · since 27 mai 2024 · until 14 mai 2030 · 0449.521.061

Represented by Roger Van Craen

Active

KASTA

Director · since 27 mai 2024 · until 13 mai 2025 · 0762.823.935

Represented by Katrien Van Craen

Active

LITIAN

Managing director · since 27 mai 2024 · until 14 mai 2030 · 0873.188.555

Represented by Dries Van Craen

Active

Ended mandates

KASTA

Director · since 27 mai 2024 · until 14 mai 2030 · 0762.823.935

Represented by Katrien Van Craen

Ended

KASTA

Director · since 08 juin 2021 · until 13 mai 2025 · 0762.823.935

Represented by Katrien Van Craen

Ended

DRIKA

Gedeleg.Bestuurder + Voorzitter RvB · since 04 juin 2019 · until 13 mai 2025 · 0449.521.061

Represented by Roger Van Craen

Ended

DRIKA

Mandate · since 04 juin 2019 · until 13 mai 2025 · 0449.521.061

Represented by Roger Van Craen

Ended

At this address

Other companies at this address

Company	CBE no.
DRIKA● Active	0449.521.061

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/07/2026	26/05/2025	25/06/2024	28/06/2023	01/06/2022	10/06/2021
General meeting	12/05/2026	13/05/2025	04/06/2024	16/06/2023	24/05/2022	08/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/05/2026	15/07/2026	Dutch	PDF
Full model	31/12/2024	13/05/2025	26/05/2025	Dutch	PDF
Full model	31/12/2023	04/06/2024	25/06/2024	Dutch	PDF
Full model	31/12/2022	16/06/2023	28/06/2023	Dutch	PDF
Full model	31/12/2021	24/05/2022	01/06/2022	Dutch	PDF
Full model	31/12/2020	08/06/2021	10/06/2021	Dutch	PDF
Full model	31/12/2019	31/07/2020	01/09/2020	Dutch	PDF
Full model	31/12/2018	04/06/2019	04/07/2019	Dutch	PDF
Full model	31/12/2017	08/05/2018	27/06/2018	Dutch	PDF
Full model	31/12/2016	27/06/2017	18/07/2017	Dutch	PDF
Full model	31/12/2015	27/06/2016	28/07/2016	Dutch	PDF
Full model	31/12/2014	27/05/2015	22/07/2015	Dutch	PDF
Full model	31/12/2013	23/06/2014	31/07/2014	Dutch	PDF
Full model	31/12/2012	29/04/2013	31/07/2013	Dutch	PDF
Full model	31/12/2011	28/06/2012	31/07/2012	Dutch	PDF
Full model	31/12/2010	07/06/2011	15/07/2011	Dutch	PDF
Full model	31/12/2009	11/05/2010	28/07/2010	Dutch	PDF
Full model	31/12/2008	12/05/2009	10/07/2009	Dutch	PDF
Full model	31/12/2007	30/06/2008	28/07/2008	Dutch	PDF
Full model	31/12/2006	29/06/2007	08/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 25 ended

Active mandates

DRIKA

Gedeleg.Bestuurder + Voorzitter RvB · since 27 mai 2024 · until 14 mai 2030 · 0449.521.061

Represented by Roger Van Craen

Active

KASTA

Director · since 27 mai 2024 · until 13 mai 2025 · 0762.823.935

Represented by Katrien Van Craen

Active

LITIAN

Managing director · since 27 mai 2024 · until 14 mai 2030 · 0873.188.555

Represented by Dries Van Craen

Active

Ended mandates

KASTA

Director · since 27 mai 2024 · until 14 mai 2030 · 0762.823.935

Represented by Katrien Van Craen

Ended

KASTA

Director · since 08 juin 2021 · until 13 mai 2025 · 0762.823.935

Represented by Katrien Van Craen

Ended

DRIKA

Gedeleg.Bestuurder + Voorzitter RvB · since 04 juin 2019 · until 13 mai 2025 · 0449.521.061

Represented by Roger Van Craen

Ended

DRIKA

Mandate · since 04 juin 2019 · until 13 mai 2025 · 0449.521.061

Represented by Roger Van Craen

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/03/2025
KAPITAAL - AANDELEN
PDF
Mandates08/08/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other15/07/2015
DIVERSEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025818,7 k €↑
2024
Annual accounts 2024351,5 k €↑
2023
Annual accounts 2023312,4 k €↑
2022
Annual accounts 20222,1 k €↓
2021
Annual accounts 2021373,6 k €↑
2020
Annual accounts 2020257,1 k €↑
2019
Annual accounts 2019-71,1 k €↓
2018
Annual accounts 2018268,2 k €↑
2017
Annual accounts 2017175,5 k €↓
2016
Annual accounts 2016524,4 k €↓
2015
Annual accounts 2015526,5 k €↑
2014
Annual accounts 2014467,8 k €↑
2013
Annual accounts 2013-2,1 M €↓
2012
Annual accounts 2012249,3 k €↓
2011
Annual accounts 2011334,8 k €↑
2010
Annual accounts 2010-1,7 M €↓
2009
Annual accounts 2009247,7 k €↓
2008
Annual accounts 2008615,7 k €
29/04/1974
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MALU

Overview

What does MALU do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline