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MULTANI

Active
Private limited companyfounded 20232 yrs activeHasseltsesteenweg 99, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 1003.249.521
Summary

MULTANI has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,495) and a net result of €155. Its solvency ranks better than 10% of 3131 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Financials · fiscal year 2025, micro schema

Equity
-€1,495▲ 9.4%
2024 · -€1,650
Total assets
€3,825▲ 60.2%
2024 · €2,388
Net result
€155
2024 · -€6,650
Working capital
-€1,495▲ 9.4%
2024 · -€1,650
Trend over the years

2024 to 2025, 2 fiscal years

The operating result returns to profit in 2025: €290 after a loss of €6,628 in 2024.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€290 2025 Net result€155 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€6,628-€290
Net result-€6,650below the sector's middle half-€155within the sector's middle half
Equity-€1,650below the sector's middle half--€1,495below the sector's middle half▲ 9.4%
Total assets€2,388below the sector's middle half-€3,825below the sector's middle half▲ 60.2%
Debt€4,038-€5,321▲ 31.8%
Working capital-€1,650within the sector's middle half--€1,495within the sector's middle half▲ 9.4%
Staff (FTE)0.9-2.6▲ 189%
above within below the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€5,321▲
2024 · €4,038
Staff costs
€14,279▲
2024 · €8,214
Ratios withheld: a balance sheet total of €3,825 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 516 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit under 5% of the balance sheet
4.5% went bankrupt
2.3% stopped otherwise
92% still going

A further 1.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 516 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,388€3,825▲
Current assets29/58€2,388€3,825▲
Amounts receivable within one year40/41€49€44▼
Trade receivables40-€42
Other amounts receivable41€49€2▼
Cash at bank and in hand54/58€2,339€3,781▲
Equity and liabilities
Total equity and liabilities10/49€2,388€3,825▲
Equity10/15-€1,650-€1,495▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€6,650-€6,495▲
Amounts payable17/49€4,038€5,321▲
Amounts payable within one year42/48€4,038€5,321▲
Trade debts44€861€886▲
Suppliers440/4€861€886▲
Taxes, remuneration and social security45€2,588€3,353▲
Taxes450/3€1,677€2,150▲
Remuneration and social security454/9€911€1,203▲
Other amounts payable47/48€589€1,082▲
Income statement Code20242025
Remuneration, social security and pensions62€8,214€14,279▲
Other operating charges640/8€62€287▲
Gross operating margin9900€1,647€14,856▲
Operating profit (loss)9901-€6,628€290▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€22€136▲
Recurring financial charges65€22€136▲
Profit (loss) for the period before taxes9903-€6,650€155▲
Profit (loss) for the period9904-€6,650€155▲
Profit (loss) for the period to be appropriated9905-€6,650€155▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,650-€6,495▲
Profit (loss) brought forward from the previous period14P--€6,650

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€8,214€14,279▲ 73.8%
Other operating charges640/8€62€287▲ 363%
Gross operating margin9900€1,647€14,856▲ 802%
Operating profit (loss)9901-€6,628€290▲ 104%
Financial income75/76B-€1-
Recurring financial income75-€1-
Financial charges65/66B€22€136▲ 525%
Recurring financial charges65€22€136▲ 525%
Profit (loss) for the period before taxes9903-€6,650€155▲ 102%
Profit (loss) for the period9904-€6,650€155▲ 102%
Profit (loss) for the period to be appropriated9905-€6,650€155▲ 102%
Line20242025Change
Assets
Total assets20/58€2,388€3,825▲ 60.2%
Current assets29/58€2,388€3,825▲ 60.2%
Amounts receivable within one year40/41€49€44▼ 9.7%
Trade receivables40-€42-
Other amounts receivable41€49€2▼ 95.9%
Cash at bank and in hand54/58€2,339€3,781▲ 61.7%
Equity and liabilities
Total equity and liabilities10/49€2,388€3,825▲ 60.2%
Equity10/15-€1,650-€1,495▲ 9.4%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€6,650-€6,495▲ 2.3%
Amounts payable17/49€4,038€5,321▲ 31.8%
Amounts payable within one year42/48€4,038€5,321▲ 31.8%
Trade debts44€861€886▲ 2.9%
Suppliers440/4€861€886▲ 2.9%
Taxes, remuneration and social security45€2,588€3,353▲ 29.6%
Taxes450/3€1,677€2,150▲ 28.2%
Remuneration and social security454/9€911€1,203▲ 32.1%
Other amounts payable47/48€589€1,082▲ 83.6%
Line20242025Change
Profit (loss) for the period9904-€6,650€155▲ 102%
Operating cash flow (approximation)-€6,650€155▲ 102%
Change in cash-€1,442-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,216 companies in this sector we hold annual accounts for 769. See the whole sector