MALAY GEMS
0437.870.074 · rovalta.com · 27/09/2026
NORMAL SITUATION
MALAY GEMS
Company — Normal situation.
Financial year 2025 · Closed on 30/06/2025
Net result-1,2 M €-766,1 %over 1 year
Revenue4,1 M €-74,1 %over 1 year
Equity4,3 M €-21,9 %over 1 year
Overview
Identity
Source · BCE/KBOMALAY GEMS is a company registered in Belgium.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0437.870.074
- Legal form
- Private company with limited liability
- Contributed capital
- 2 400 000,00 €
- Latest accounts
- 30/06/2025
Joint committees (2)
- 200
- 218
Signals
Solid equityGood liquidityHigh revenue
Financials
Source · NBB, 35 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 4,1 M € | -74.1% | 15,7 M € | -25.1% | 21 M € | -21.1% | 26,6 M € | +34.8% | 19,7 M € |
| EBITDA | -748,1 k € | -260% | 468,2 k € | +171% | 172,7 k € | -80.5% | 887,3 k € | +18.3% | 750 k € |
| Operating result | -1,2 M € | -641% | 222,9 k € | +41.7% | 157,3 k € | -82.0% | 873,3 k € | +18.3% | 738,3 k € |
| Net result | -1,2 M € | -766% | 182,4 k € | +117% | 84,2 k € | -89.3% | 786 k € | +14.9% | 683,9 k € |
| Balance sheet | |||||||||
| Equity | 4,3 M € | -21.9% | 5,6 M € | +3.4% | 5,4 M € | +1.6% | 5,3 M € | +17.4% | 4,5 M € |
| Total assets | 5 M € | -18.9% | 6,2 M € | -8.9% | 6,8 M € | -0.1% | 6,8 M € | +14.6% | 5,9 M € |
| Cash | 2,5 M € | +27.9% | 1,9 M € | +43.1% | 1,4 M € | -47.6% | 2,6 M € | -0.1% | 2,6 M € |
| Debts | 649,4 k € | +8.3% | 599,4 k € | -56.7% | 1,4 M € | -6.1% | 1,5 M € | +5.5% | 1,4 M € |
| Other | |||||||||
| Workforce | – | – | – | 0,6 ETP | -40.0% | 1,0 ETP | |||
Board of directors
Source · NBB, accounts to 30/06/20251 active · 1 ended
Active mandates
Malay KOTHARI
ActiveEnded mandates
Malay KOTHARI
EndedFinancials
Full financial information
Source · NBB| 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 | 30/06/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 6 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 29/08/2026 | 30/08/2025 | 30/08/2024 | 28/07/2023 | 30/08/2022 | 20/08/2021 |
| General meeting | 28/08/2026 | 29/08/2025 | 30/08/2024 | 28/07/2023 | 30/06/2022 | 23/07/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 35 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 30/06/2025 | 28/08/2026 | 29/08/2026 | Dutch | |
| Full model | 31/12/2024 | 29/08/2025 | 30/08/2025 | Dutch | |
| Full model | 31/12/2023 | 30/08/2024 | 30/08/2024 | Dutch | |
| Full model | 31/12/2022 | 28/07/2023 | 28/07/2023 | Dutch | |
| Full model | 31/12/2021 | 30/06/2022 | 30/08/2022 | Dutch | |
| Full model | 31/12/2020 | 23/07/2021 | 20/08/2021 | Dutch | |
| Full model | 31/12/2019 | 20/07/2020 | 30/09/2020 | Dutch | |
| Full model | 31/12/2018 | 26/07/2019 | 31/07/2019 | Dutch | |
| Full model | 31/12/2017 | 28/06/2018 | 31/07/2018 | Dutch | |
| Full model | 31/12/2016 | 20/07/2017 | 28/07/2017 | Dutch | |
| Full model | 31/12/2015 | 30/06/2016 | 29/07/2016 | Dutch | |
| Full model | 31/12/2014 | 26/08/2015 | 28/08/2015 | Dutch | |
| Full model | 31/12/2013 | 30/06/2014 | 28/08/2014 | Dutch | |
| Full model | 31/12/2012 | 28/06/2013 | 17/07/2013 | Dutch | |
| Full model | 31/12/2011 | 29/06/2012 | 29/08/2012 | Dutch | |
| Full model | 31/12/2010 | 28/07/2011 | 30/08/2011 | Dutch | |
| Full model | 31/12/2009 | 29/07/2010 | 31/08/2010 | Dutch | |
| Full model | 31/12/2008 | 15/07/2009 | 31/08/2009 | Dutch | |
| Full model | 31/12/2007 | 07/06/2008 | 31/07/2008 | Dutch | |
| Full model | 31/12/2006 | 02/06/2007 | 20/07/2007 | Dutch | |
| Full model | 31/12/2005 | 03/06/2006 | 28/07/2006 | Dutch | |
| Full model | 31/12/2004 | 04/06/2005 | 27/09/2005 | Dutch | |
| Full model | 31/12/2003 | 04/06/2004 | 07/07/2004 | Dutch | |
| Full model | 31/12/2002 | 07/06/2003 | 31/07/2003 | Dutch | |
| Full model | 31/12/2001 | 01/06/2002 | 31/07/2002 | Dutch | |
| Full model | 31/12/2000 | 02/06/2001 | 26/07/2001 | Dutch | |
| Full model | 31/12/1999 | 03/06/2000 | 10/07/2000 | Dutch | |
| Abridged model | 31/12/1998 | 05/06/1999 | 02/07/1999 | Dutch | |
| Abridged model | 31/12/1997 | 06/06/1998 | 03/07/1998 | Dutch | — |
| Abridged model | 31/12/1996 | 07/06/1997 | 18/07/1997 | Dutch | — |
| Abridged model | 31/12/1995 | 01/06/1996 | 24/06/1996 | Dutch | — |
| Abridged model | 31/12/1994 | 03/06/1995 | 25/07/1995 | Dutch | — |
| Abridged model | 31/12/1993 | 04/06/1994 | 25/07/1994 | Dutch | — |
| Abridged model | 31/12/1990 | 01/06/1991 | 02/07/1991 | Dutch | — |
| Abridged model | 31/12/1989 | 06/06/1990 | 11/12/1990 | Dutch | — |
Valuation
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 30/06/20251 active · 1 ended
Active mandates
Malay KOTHARI
ActiveEnded mandates
Malay KOTHARI
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Dissolution07/05/2026RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates23/03/2026ONTSLAGEN - BENOEMINGEN
- Restructuring18/02/2026RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates27/06/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates19/09/2023ONTSLAGEN - BENOEMINGEN
- Mandates13/08/2020ONTSLAGEN - BENOEMINGEN
- Mandates19/10/2017ONTSLAGEN - BENOEMINGEN
- Mandates30/12/2014ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-1,2 M €↓
- 2024Annual accounts 2024182,4 k €↑
- 2023Annual accounts 202384,2 k €↓
- 2022Annual accounts 2022786 k €↑
- 2021Annual accounts 2021683,9 k €↑
- 2020Annual accounts 2020-139,8 k €↓
- 2019Annual accounts 2019188,8 k €↓
- 2018Annual accounts 2018255,4 k €↑
- 2017Annual accounts 2017143,6 k €↓
- 2016Annual accounts 2016285 k €↑
- 2015Annual accounts 2015140,3 k €↑
- 2014Annual accounts 201476 k €↑
- 2013Annual accounts 201346,7 k €↓
- 2012Annual accounts 2012103,3 k €↑
- 2011Annual accounts 201187,2 k €↓
- 2010Annual accounts 2010101,7 k €↑
- 2009Annual accounts 200962,5 k €↑
- 2008Annual accounts 200839,7 k €↓
- 2007Annual accounts 200743,5 k €↓
- 2006Annual accounts 20062,1 M €