ACTIVE

MALINAS PROJECT

Financial year 2025 · closed on 31/12/2025
Net result
-192,2 k €
+14.9% YoY
Gross margin
-51,5 k €
+13.3% YoY
Equity
-1,4 M €
-15.5% YoY

What does MALINAS PROJECT do?

MALINAS PROJECT is a Public limited company incorporated in 2014. Its main activity is: Development of building projects. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0556.769.310
Incorporation
22/07/2014
Legal form
Public limited company
Registered office
Bosmanslei 26
2018 Antwerpen · FlandreSee on map
Contributed capital
262 000,00 €
Latest accounts
31/12/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin-51,5 k €-59,5 k €-1,0 M €-17,6 k €-8,5 k €-5,8 k €-9,5 k €-2,8 k €15,2 k €16,2 k €14,4 k €
EBITDA-53,2 k €-61,0 k €-1,0 M €-19,3 k €-15,4 k €-8,3 k €-11,7 k €-4,6 k €14,7 k €15,4 k €13,4 k €
Operating result-53,2 k €-61,0 k €-1,0 M €-19,3 k €-15,4 k €-8,3 k €-11,7 k €-4,6 k €14,7 k €15,4 k €13,4 k €
Net result-192,2 k €-225,9 k €-1,2 M €-20,2 k €-16,3 k €-8,8 k €-16,6 k €-5,9 k €-17,8 k €-4,7 k €-3,1 k €
Balance sheet
Equity-1,4 M €-1,2 M €-1,0 M €168,6 k €-11,2 k €5,1 k €13,9 k €30,5 k €36,4 k €54,2 k €58,9 k €
Total assets2,8 M €2,8 M €2,8 M €3,7 M €3,6 M €3,4 M €3,3 M €2,9 M €784,0 k €593,0 k €498,6 k €
Cash1,3 k €999,0 €1,4 k €5,4 k €3,0 k €2,2 k €695,2 €15,6 k €196,3 €2,9 k €4,5 k €
Debts4,2 M €4,0 M €3,8 M €3,5 M €3,5 M €3,3 M €3,2 M €2,8 M €679,0 k €502,3 k €423,3 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 24 ended

Active mandates

EQUINOXE INVESTMENTS

Director · since 21 janvier 2026 · until 04 juin 2030 · 0478.968.479

Represented by Francis HENDRICKX

Active
RESOLVE

Managing director · since 27 novembre 2024 · until 04 juin 2030 · 0844.784.579

Represented by Bob CANTENS

Active
VLINVESTA

Managing director · since 27 novembre 2024 · until 04 juin 2030 · 0888.044.106

Represented by Johan VAN LOO

Active

Ended mandates

BC INDUSTRIES

Director · since 29 juin 2023 · until 02 juin 2026 · 0830.911.205

Represented by Bob CANTENS

Ended
BC INDUSTRIES

Director · since 29 juin 2023 · until 02 juin 2026 · 0830.911.205

Represented by Bob CANTENS

Ended
AANNEMINGEN VERELST

Director · since 25 août 2020 · until 29 juin 2023 · 0896.183.196

Represented by Johan VERTONGEN

Ended
AANNEMINGEN VERELST

Director · since 25 août 2020 · until 02 juin 2026 · 0896.183.196

Represented by Johan VERTONGEN

Ended
At this address

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0684.646.487
EDGICAActive
0474.484.309
EDGICA BEHEERActive
0478.654.022
FRIGASTActive
0438.724.961
1031.898.173
IMMO BLARENBERGActive
0844.740.633
0407.942.903
LAMMEKENActive
0427.534.230
RESOLVEActive
0844.784.579
0745.680.174
0872.258.444
TreftActive
0418.513.428
U-PGRADEActive
0451.666.840
VAKELiquidation
0871.299.926
0882.572.118
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date02/07/202629/08/202524/06/202431/08/202327/07/202202/07/2021
General meeting02/06/202627/08/202521/06/202431/08/202307/06/202201/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/06/202602/07/2026DutchPDF
Abridged model31/12/202427/08/202529/08/2025DutchPDF
Abridged model31/12/202321/06/202424/06/2024DutchPDF
Abridged model31/12/202231/08/202331/08/2023DutchPDF
Abridged model31/12/202107/06/202227/07/2022DutchPDF
Abridged model31/12/202001/06/202102/07/2021DutchPDF
Abridged model31/12/201925/08/202021/09/2020DutchPDF
Abridged model31/12/201827/06/201928/08/2019DutchPDF
Abridged model31/12/201705/06/201818/06/2018DutchPDF
Abridged model31/12/201606/06/201710/07/2017DutchPDF
Abridged model31/12/201507/06/201610/06/2016DutchPDF
Estimate

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.

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 · 24 ended

Active mandates

EQUINOXE INVESTMENTS

Director · since 21 janvier 2026 · until 04 juin 2030 · 0478.968.479

Represented by Francis HENDRICKX

Active
RESOLVE

Managing director · since 27 novembre 2024 · until 04 juin 2030 · 0844.784.579

Represented by Bob CANTENS

Active
VLINVESTA

Managing director · since 27 novembre 2024 · until 04 juin 2030 · 0888.044.106

Represented by Johan VAN LOO

Active

Ended mandates

BC INDUSTRIES

Director · since 29 juin 2023 · until 02 juin 2026 · 0830.911.205

Represented by Bob CANTENS

Ended
BC INDUSTRIES

Director · since 29 juin 2023 · until 02 juin 2026 · 0830.911.205

Represented by Bob CANTENS

Ended
AANNEMINGEN VERELST

Director · since 25 août 2020 · until 29 juin 2023 · 0896.183.196

Represented by Johan VERTONGEN

Ended
AANNEMINGEN VERELST

Director · since 25 août 2020 · until 02 juin 2026 · 0896.183.196

Represented by Johan VERTONGEN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/11/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates05/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/09/2017
    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 2025-192,2 k €
  2. 2024
    Annual accounts 2024-225,9 k €
  3. 2023
    Annual accounts 2023-1,2 M €
  4. 2022
    Annual accounts 2022-20,2 k €
  5. 2021
    Annual accounts 2021-16,3 k €
  6. 2020
    Annual accounts 2020-8,8 k €
  7. 2019
    Annual accounts 2019-16,6 k €
  8. 2018
    Annual accounts 2018-5,9 k €
  9. 2017
    Annual accounts 2017-17,8 k €
  10. 2016
    Annual accounts 2016-4,7 k €
  11. 2015
    Annual accounts 2015-3,1 k €
  12. 22/07/2014
    IncorporationPublic limited company