ACTIVE

MALAGA

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Financial year 2025 · closed on 31/12/2025
Net result
217,6 k €
+9.0% YoY
Gross margin
311,9 k €
+0.1% YoY
Equity
5,3 M €
+4.3% YoY

What does MALAGA do?

MALAGA is a Public limited company incorporated in 2017. Its main activity is: Support activities for transportation. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0674.953.417
Incorporation
28/04/2017
Legal form
Public limited company
Registered office
Noorderlaan 139
2030 Antwerpen · FlandreSee on map
Contributed capital
1 178 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
52250Support activities for transportation· main52290Other transportation support activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin311,9 k €311,7 k €316,1 k €314,7 k €299,1 k €257,2 k €
EBITDA267,7 k €268,8 k €274,9 k €277,1 k €262,4 k €220,7 k €
Operating result202 k €203 k €209,1 k €211,3 k €196,6 k €136 k €
Net result217,6 k €199,7 k €160,9 k €159,1 k €158,4 k €97,8 k €
Balance sheet
Equity5,3 M €5,1 M €4,9 M €4,7 M €4,5 M €4,4 M €
Total assets5,3 M €5,1 M €4,9 M €4,8 M €4,7 M €4,5 M €
Cash78,6 k €83,4 k €192 k €2,1 M €43,4 k €31,1 k €
Debts35,3 k €43,2 k €19,6 k €117,9 k €96,5 k €95,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 12 ended

Active mandates

Cornelia Cok

Director · since 28 novembre 2023 · until 01 juin 2029

Active
Erwin Cok

Director · since 28 novembre 2023 · until 01 juin 2029

Active
FORTITUDE

Director · since 28 novembre 2023 · until 01 juin 2029 · 0549.831.137

Represented by Evelien Devlieger

Active
Hubrecht Cok

Director · since 28 novembre 2023 · until 01 juin 2029

Active

Ended mandates

Erwin Cok

Director · since 28 novembre 2023 · until 02 juin 2029

Ended
FORTITUDE

Director · since 28 novembre 2023 · until 01 juin 2029 · 0549.831.137

Represented by Evelien Devlieger

Ended
FORTITUDE

Director · since 28 novembre 2023 · until 02 juin 2029 · 0549.831.137

Represented by Evelien Devlieger

Ended
Cornelia Cok

Director · since 11 juin 2020 · until 05 juin 2026

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged 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 date09/06/202611/06/202518/06/202407/06/202309/06/202208/07/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202609/06/2026DutchPDF
Abridged model31/12/202406/06/202511/06/2025DutchPDF
Abridged model31/12/202307/06/202418/06/2024DutchPDF
Abridged model31/12/202202/06/202307/06/2023DutchPDF
Abridged model31/12/202103/06/202209/06/2022DutchPDF
Abridged model31/12/202004/06/202108/07/2021DutchPDF
Full model31/12/201906/02/202006/03/2020DutchPDF
Full model31/12/201807/06/201912/06/2019DutchPDF
Full model31/12/201701/06/201813/07/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 · 4 active · 12 ended

Active mandates

Cornelia Cok

Director · since 28 novembre 2023 · until 01 juin 2029

Active
Erwin Cok

Director · since 28 novembre 2023 · until 01 juin 2029

Active
FORTITUDE

Director · since 28 novembre 2023 · until 01 juin 2029 · 0549.831.137

Represented by Evelien Devlieger

Active
Hubrecht Cok

Director · since 28 novembre 2023 · until 01 juin 2029

Active

Ended mandates

Erwin Cok

Director · since 28 novembre 2023 · until 02 juin 2029

Ended
FORTITUDE

Director · since 28 novembre 2023 · until 01 juin 2029 · 0549.831.137

Represented by Evelien Devlieger

Ended
FORTITUDE

Director · since 28 novembre 2023 · until 02 juin 2029 · 0549.831.137

Represented by Evelien Devlieger

Ended
Cornelia Cok

Director · since 11 juin 2020 · until 05 juin 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/09/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/07/2018
    DIVERSEN
    PDF
  • Other28/06/2018
    DIVERSEN
    PDF
  • Other03/05/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025217,6 k €↑
  2. 2024
    Annual accounts 2024199,7 k €↑
  3. 2023
    Annual accounts 2023160,9 k €↑
  4. 2022
    Annual accounts 2022159,1 k €↑
  5. 2021
    Annual accounts 2021158,4 k €↑
  6. 2020
    Annual accounts 202097,8 k €
  7. 28/04/2017
    IncorporationPublic limited company