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MULTATULI

Active
Private limited companyfounded 20233 yrs activeHenri Geeraertlaan 28, 3001 Leuven, BelgiumKBO/BCE: BE 0804.379.824
Summary

MULTATULI has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €17,271 and a net result of €11,530. Its solvency ranks better than 52% of 19923 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes
Profitability100
Solvency94
Growth-
Track record79
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.85; short-term debt: 31% and cash: 86.1% of total assets), and 31% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
69%
Return on assets
46.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-07-2025, 12 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
12 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 12 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
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

History

MULTATULI was incorporated on 28 July 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€17,271
Total assets
€25,018
Net result
€11,530
Working capital
€14,346

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €25,018
Fixed assets €2,925
Current assets €22,093
Equity and liabilities €25,018
Equity €17,271
Debt €7,747
Debt finances 31.0% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€16,525
Cash flow
€13,299
Current ratio
2.85
Debt to equity
0.45
ROE
66.8%
ROA
46.1%
Interest coverage
292.22
Debt ≤ 1 year
€7,747
Income taxes
€3,170

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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 · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€25,018
Fixed assets21/28€2,925
Tangible fixed assets22/27€2,925
Furniture and vehicles24€1,909
Other tangible fixed assets26€1,016
Current assets29/58€22,093
Amounts receivable within one year40/41€423
Trade receivables40€423
Cash at bank and in hand54/58€21,548
Deferred charges and accrued income490/1€122
Equity and liabilities
Total equity and liabilities10/49€25,018
Equity10/15€17,271
Contributions10/11€6,600
Reserves13€10,671
Distributable reserves133€10,671
Amounts payable17/49€7,747
Amounts payable within one year42/48€7,747
Taxes, remuneration and social security45€3,456
Taxes450/3€1,395
Remuneration and social security454/9€2,061
Other amounts payable47/48€4,291
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,769
Gross operating margin9900€16,525
Operating profit (loss)9901€14,756
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€57
Recurring financial charges65€57
Profit (loss) for the period before taxes9903€14,700
Income taxes67/77€3,170
Profit (loss) for the period9904€11,530
Profit (loss) for the period to be appropriated9905€11,530
Appropriation of the result
Profit (loss) to be appropriated9906€11,530
Transfer to equity691/2€10,671
To other reserves6921€10,671
Profit to be distributed694/7€859
Return on contributions (dividend)694€859

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

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,769
Gross operating margin9900€16,525
Operating profit (loss)9901€14,756
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€57
Recurring financial charges65€57
Profit (loss) for the period before taxes9903€14,700
Income taxes67/77€3,170
Profit (loss) for the period9904€11,530
Profit (loss) for the period to be appropriated9905€11,530
Line2024
Assets
Total assets20/58€25,018
Fixed assets21/28€2,925
Tangible fixed assets22/27€2,925
Furniture and vehicles24€1,909
Other tangible fixed assets26€1,016
Current assets29/58€22,093
Amounts receivable within one year40/41€423
Trade receivables40€423
Cash at bank and in hand54/58€21,548
Deferred charges and accrued income490/1€122
Equity and liabilities
Total equity and liabilities10/49€25,018
Equity10/15€17,271
Contributions10/11€6,600
Reserves13€10,671
Distributable reserves133€10,671
Amounts payable17/49€7,747
Amounts payable within one year42/48€7,747
Taxes, remuneration and social security45€3,456
Taxes450/3€1,395
Remuneration and social security454/9€2,061
Other amounts payable47/48€4,291
Line2024
Profit (loss) for the period9904€11,530
+ Depreciation and write-downs630€1,769
Operating cash flow (approximation)€13,299

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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Timeline · acts, filings and financial milestones

2025
19-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Leuven · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
231 m²
Building footprint
93 m²
Volume, LiDAR
531 m³
Parcel 24040B0185/00E005, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MULTATULI
Henri Geeraertlaan 28, 3001 LeuvenRenting and operating of own or leased non-residential real estate, excluding land
since 20232.347.874.013
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24040B0185/00E005 Flanders 231 m² 1 · 93 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 72 EUR paid
Year Entries awardedpaid
2023 1 0 EUR72 EUR
Schemes
1 entry · 72 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 5,533 companies in sector 86931 we hold annual accounts for 553. 428 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
86931Psychology services
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804379824
Also 9925:BE0804379824
Registered 15-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.