ACTIVE

Malco

Financial year 2025 · closed on 31/12/2025
Net result
7,4 k €
+162.5% YoY
Gross margin
115,9 k €
+49.0% YoY
Equity
9,2 k €
+416.1% YoY
Workforce
2,7 ETP
+17.4% YoY

What does Malco do?

Malco is a Private company with limited liability incorporated in 1986. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Ingelmunster. It employs on average 2,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0429.215.892
Incorporation
23/06/1986
Legal form
Private company with limited liability
Registered office
Nijverheidstraat 2A
8770 Ingelmunster · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
2,7 ETP
Joint committees (2)
  • 119
  • 201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin115,9 k €77,8 k €132,9 k €85,7 k €118,9 k €138,1 k €156,7 k €138,7 k €124,5 k €143,5 k €111,5 k €124,3 k €185 k €175,8 k €133,3 k €108,3 k €114,3 k €64 k €
EBITDA11,8 k €-12,4 k €30,7 k €-10,2 k €22,2 k €12,2 k €48,1 k €47 k €43,7 k €42 k €3,9 k €18,6 k €85,3 k €87 k €44,8 k €5,3 k €49,3 k €8,3 k €
Operating result4,8 k €-14,3 k €29 k €-11,5 k €21,6 k €8,3 k €34,6 k €26,5 k €23,3 k €22,4 k €-15 k €1,3 k €67,3 k €64,5 k €22,3 k €-17,3 k €31,8 k €1,2 k €
Net result7,4 k €-11,8 k €29,3 k €-11,8 k €12,9 k €6,8 k €22,7 k €17,5 k €15,8 k €20,6 k €-18,5 k €1,8 k €45,4 k €45 k €21,7 k €-10,5 k €26,9 k €-1,4 k €
Balance sheet
Equity9,2 k €1,8 k €13,6 k €20,2 k €32 k €35,8 k €108,2 k €106,8 k €107,3 k €109,5 k €9,7 k €116,2 k €114,4 k €109 k €104 k €82,3 k €92,8 k €115,9 k €
Total assets155,6 k €142,5 k €185,5 k €182,9 k €215,2 k €212,1 k €298,6 k €283,6 k €250,5 k €226 k €267,4 k €312,1 k €317,5 k €303,5 k €264,5 k €237,3 k €356,7 k €264,7 k €
Cash76,1 k €74,8 k €31,8 k €84 k €118,5 k €114,9 k €206,1 k €179,3 k €63,4 k €82 k €79,3 k €41,4 k €220,7 k €192,5 k €133,8 k €95,1 k €196,6 k €127,2 k €
Debts145,7 k €140,1 k €171,8 k €162,6 k €183,1 k €176,3 k €190,4 k €174,8 k €139,2 k €110,5 k €249,7 k €195,8 k €203,1 k €194,5 k €160,5 k €155 k €263,8 k €148,8 k €
Other
Workforce2,7 ETP2,3 ETP2,2 ETP2,9 ETP3,3 ETP3,0 ETP3,0 ETP3,0 ETP3,5 ETP4,7 ETP3,9 ETP2,5 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 · 2 active · 13 ended

Active mandates

Michiel Desmet

Director · since 01 juillet 2025

Active
Veda

Manager · since 20 mars 2006 · 0421.954.552

Represented by Paul VANHONSEBROUCK

Active

Ended mandates

Labroko Comm. V

Director · since 29 février 2020 · 0744.592.289

Represented by Lauwers John

Ended
Labroko Comm.V

Manager · since 29 février 2020 · 0744.592.289

Represented by John LAUWERS

Ended
Labroko CommV

Director · since 29 février 2020 · 0744.592.289

Represented by John Lauwers

Ended
Noël Denenbourg

Director · since 20 mars 2006

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/08/202622/08/202524/07/202420/06/202330/06/202208/07/2021
General meeting28/05/202622/05/202509/07/202425/05/202303/06/202231/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/05/202606/08/2026DutchPDF
Abridged model31/12/202422/05/202522/08/2025DutchPDF
Micro model31/12/202309/07/202424/07/2024DutchPDF
Micro model31/12/202225/05/202320/06/2023DutchPDF
Micro model31/12/202103/06/202230/06/2022DutchPDF
Micro model31/12/202031/05/202108/07/2021DutchPDF
Micro model31/12/201928/05/202025/06/2020DutchPDF
Micro model31/12/201813/06/201909/07/2019DutchPDF
Micro model31/12/201707/06/201828/06/2018DutchPDF
Micro model31/12/201616/06/201729/06/2017DutchPDF
Abridged model31/12/201517/06/201620/06/2016DutchPDF
Abridged model31/12/201428/05/201525/06/2015DutchPDF
Abridged model31/12/201322/05/201423/05/2014DutchPDF
Abridged model31/12/201220/06/201323/07/2013DutchPDF
Abridged model31/12/201124/05/201219/06/2012DutchPDF
Abridged model31/12/201027/06/201119/07/2011DutchPDF
Abridged model31/12/200915/06/201018/06/2010DutchPDF
Abridged model31/12/200827/06/200930/06/2009DutchPDF
Abridged model31/12/200727/06/200814/08/2008DutchPDF
Abridged model31/12/200630/06/200719/07/2007DutchPDF
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 · 2 active · 13 ended

Active mandates

Michiel Desmet

Director · since 01 juillet 2025

Active
Veda

Manager · since 20 mars 2006 · 0421.954.552

Represented by Paul VANHONSEBROUCK

Active

Ended mandates

Labroko Comm. V

Director · since 29 février 2020 · 0744.592.289

Represented by Lauwers John

Ended
Labroko Comm.V

Manager · since 29 février 2020 · 0744.592.289

Represented by John LAUWERS

Ended
Labroko CommV

Director · since 29 février 2020 · 0744.592.289

Represented by John Lauwers

Ended
Noël Denenbourg

Director · since 20 mars 2006

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/09/2025
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates15/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/11/2018
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares10/04/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/04/2006
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates31/01/2003
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 20257,4 k €
  2. 2024
    Annual accounts 2024-11,8 k €
  3. 2023
    Annual accounts 202329,3 k €
  4. 2022
    Annual accounts 2022-11,8 k €
  5. 2021
    Annual accounts 202112,9 k €
  6. 2018
    Annual accounts 20186,8 k €
  7. 2017
    Annual accounts 201722,7 k €
  8. 2016
    Annual accounts 201617,5 k €
  9. 2015
    Annual accounts 201515,8 k €
  10. 2014
    Annual accounts 201420,6 k €
  11. 2013
    Annual accounts 2013-18,5 k €
  12. 2012
    Annual accounts 20121,8 k €
  13. 2011
    Annual accounts 201145,4 k €
  14. 2010
    Annual accounts 201045 k €
  15. 2009
    Annual accounts 200921,7 k €
  16. 2008
    Annual accounts 2008-10,5 k €
  17. 2007
    Annual accounts 200726,9 k €
  18. 2006
    Annual accounts 2006-1,4 k €
  19. 23/06/1986
    IncorporationPrivate company with limited liability