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AS-MULTI SERVICES

Bankruptcy closed
Private limited companyfounded 2019Assesteenweg 116 A, 1740 Ternat, BelgiumKBO/BCE: BE 0734.470.637

AS-MULTI SERVICES was declared bankrupt on 07-07-2026 (Ondernemingsrechtbank Brussel); the bankruptcy declaration was reversed by judgment of 08-09-2026, published in the Belgian State Gazette on 17-09-2026. The 2024 annual accounts show negative equity (€-19k) and a net result of €-13k.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year €-19k
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date. The Staatsblad has since published the closure of that bankruptcy (latest notice 17-09-2026); the register's strike-off usually follows later.
KBO · legal situation
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-13k▼ 551%
2023 · €-2k
2020: €-575 2021: €-2k 2022: €-2k 2023: €-2k
2020 → 2024
Working capital
€-36k▼ 30.7%
2023 · €-28k
2021: €-2k 2022: €-3k 2023: €-28k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€425-€-2k€-3k▼ 94.6%€-5k▼ 64.7%€-19k▼ 256%
Operating result€-564-€-2k▼ 239%€-1k▲ 27.3%€-2k▼ 35.0%€-13k▼ 601%
Net result€-575-€-2k▼ 260%€-2k▲ 24.9%€-2k▼ 33.2%€-13k▼ 551%
Result per fiscal year
Operating resultNet result
€-15k€-10k€-5k€0Operating result 2020: €-564€-564Net result 2020: €-575€-575Operating result 2021: €-2k€-2kNet result 2021: €-2k€-2kOperating result 2022: €-1k€-1kNet result 2022: €-2k€-2kOperating result 2023: €-2k€-2kNet result 2023: €-2k€-2kOperating result 2024: €-13k€-13kNet result 2024: €-13k€-13k20202021202220232024
The operating result stays negative: a loss of €13k in 2024 against €2k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €56k
Fixed assets €17k▼ 22.4%
Current assets €39k▲ 38.8%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-8k
2023 · €3k
Cash flow
€-8k
2023 · €3k
Solvency
-33.3%
2023 · -10.5%
Current ratio
0.52
2023 · 0.50
Quick ratio
0.52
2023 · 0.50
Debt / equity
-4.00
2023 · -10.57
ROA
-23.9%
2023 · -4.1%
Interest coverage
-24.82
2023 · 15.98
Debt
€75k
2023 · €56k
Debt ≤ 1 year
€75k
2023 · €56k
Staff costs
€19k
2023 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€50k€56k
Fixed assets21/28€22k€17k
Intangible fixed assets21€20k€15k
Financial fixed assets28€2k€2k=
Current assets29/58€28k€39k
Amounts receivable within one year40/41€6k€34k
Trade receivables40€6k€34k
Cash at bank and in hand54/58€22k€5k
Equity and liabilities
Total equity and liabilities10/49€50k€56k
Equity10/15€-5k€-19k
Contributions10/11€1k€1k=
Profit (loss) carried forward14€-6k€-20k
Amounts payable17/49€56k€75k
Amounts payable within one year42/48€56k€75k
Trade debts44€6k€33k
Suppliers440/4€6k€33k
Taxes, remuneration and social security45€11k€18k
Taxes450/3€4k€15k
Remuneration and social security454/9€6k€3k
Other amounts payable47/48€39k€24k
Income statement Code20232024
Remuneration, social security and pensions62€12k€19k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€384-
Gross operating margin9900€16k€11k
Operating profit (loss)9901€-2k€-13k
Financial charges65/66B€196€328
Recurring financial charges65€196€328
Profit (loss) for the period before taxes9903€-2k€-13k
Profit (loss) for the period9904€-2k€-13k
Profit (loss) for the period to be appropriated9905€-2k€-13k
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-20k
Profit (loss) brought forward from the previous period14P€-4k€-6k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
17-09
Bankruptcy Bankruptcy reversal
Ondernemingsrechtbank Brussel · AS-MULTI SERVICES BV ASSESTEENWEG 116A, 1740 TERNAT · event 08-09-2026
13-07
Bankruptcy Opening
Ondernemingsrechtbank Brussel · AS-MULTI SERVICES BV ASSE- STEENWEG 116A, 1740 TERNAT · event 07-07-2026
2025
31-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
31-12
Financial Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
13-12
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 135 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
30-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 153 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ternat · 2 establishment units since 2019
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Assesteenweg 116 A1740 Ternat
Ground area
3.0 ha
Building footprint
6,216 m²
Volume, LiDAR
495 m³
3 parcels, Flanders, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ZOULIRA
Rue de la Place 17, 6110 Montigny-le-TilleulNACE 45111
since 20192.293.683.972
Rue de Bomerée 336, 6110 Montigny-le-Tilleul
Full-service restaurants
since 20232.349.059.886
3 parcels
Flanders 1 (33.3%) Wallonia 2 (66.7%)
Parcel (capakey) Region Area Buildings Height / fl.
52048C0006/00P002 Wallonia 3.0 ha 1 · 6,113 m² -
52048B0069/00Z000 Wallonia 363 m² 1 · 45 m² -
23086A0354/00K002 Flanders 82 m² 1 · 58 m² 10.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LIEVE TEINTENIER
SYLVAIN DUPUISLAAN 217, 1070 BRUSSEL 7
07-07-2026 → present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Montigny-le-Tilleul2.349.059.886
2 permissions
Toelating · Detailhandel · since 19-09-2023
Toelating · Eetgelegenheid · since 19-09-2023

Similar companies · same sector, comparable size

Of 21,896 companies in sector 56112 we hold annual accounts for 9,783. 905 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-09-2019
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Enterprise
E-mail:info.zouliramakeup@gmail.com
Enterprise