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MULTI-CLEANUP

Active
Private limited companyfounded 20224 yrs activeSpoorweglaan 33-35, 2610 Antwerpen, BelgiumKBO/BCE: BE 0785.882.023
Summary

The computed 12-month bankruptcy probability of MULTI-CLEANUP is 1.9% (moderate). The 2025 annual accounts show equity of €267,971 and a net result of €232,338. Equity is growing by ~89.2% per year across the filed fiscal years. Its solvency ranks better than 70% of 1223 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+92
Solvency85▲+53
Growth85▲+30
Track record94
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 2.28 against 1.01 in 2024; short-term debt: 40.2% and cash: 8% of total assets), and 40.2% 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
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 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
59.8%
Return on assets
51.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
31 d early
2024
34 d early
2023
22 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

MULTI-CLEANUP was incorporated on 10 May 2022 as a Private limited company.1 Revenue grew from EUR 512,942 in 2023 to EUR 907,857 in 2025 and headcount from 3.1 to 3.7 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€907,857▼ 56.2%
2024 · €2.1m
EBIT margin
33.5%▲ 36.1pp
2024 · -2.6%
Net result
€232,338
2024 · -€54,355
Working capital
€230,938▲ 5,515%
2024 · €4,113
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Turnover€512,942-€2.1m▲ 304%€907,857▼ 56.2%
Operating result€115,116--€54,237€304,064
Net result€91,226above the sector's middle half--€54,355below the sector's middle half€232,338above the sector's middle half
EBIT margin22.4%--2.6%▼ 25.1pp33.5%▲ 36.1pp
Equity€96,226within the sector's middle half-€41,870within the sector's middle half▼ 56.5%€267,971within the sector's middle half▲ 540%
Total assets€249,959within the sector's middle half-€574,365above the sector's middle half▲ 130%€448,209within the sector's middle half▼ 22.0%
Debt€153,734-€532,495▲ 246%€180,238▼ 66.2%
Working capital€95,885above the sector's middle half-€4,113within the sector's middle half▼ 95.7%€230,938within the sector's middle half▲ 5,515%
Solvency38.5%within the sector's middle half-7.3%below the sector's middle half▼ 31.2pp59.8%within the sector's middle half▲ 52.5pp
Current ratio1.62within the sector's middle half-1.01within the sector's middle half▼ 0.622.28within the sector's middle half▲ 1.27
Return on assets (ROA)36.5%above the sector's middle half--9.5%below the sector's middle half▼ 46.0pp51.8%above the sector's middle half▲ 61.3pp
Staff (FTE)3.1-12.2▲ 294%3.7within the sector's middle half▼ 69.7%
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2025 Turnover -56%, Staff (FTE) -70% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2023: €115,116€115,116Net result 2023: €91,226€91,226Operating result 2024: -€54,237-€54,237Net result 2024: -€54,355-€54,355Operating result 2025: €304,064€304,064Net result 2025: €232,338€232,338202320242025-€100,000€0€100,000€200,000€300,000Operating result 2023: €115,116€115,000Net result 2023: €91,226€91,200Operating result 2024: -€54,237-€54,200Net result 2024: -€54,355-€54,400Operating result 2025: €304,064€304,000Net result 2025: €232,338€232,000202320242025
The operating result returns to profit in 2025: €304,064 after a loss of €54,237 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €448,209
Fixed assets €37,033 ▼ 1.9%
Current assets €411,176 ▼ 23.4%
Equity and liabilities €448,209
Equity €267,971 ▲ 540%
Debt €180,238 ▼ 66.2%
Debt's share of the balance-sheet total falls from 92.7% to 40.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€320,448▲
2024 · -€47,022
Cash flow
€248,723▲
2024 · -€47,140
Debt to equity
0.67▼
2024 · 12.72
ROE
86.7%▲
2024 · -129.8%
Interest coverage
7620.64▲
2024 · -398.25
Debt ≤ 1 year
€180,238▼
2024 · €532,495
Income taxes
€71,683
Staff costs
€72,976▼
2024 · €101,650
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

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 bankruptcy probability of 1.9% 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 497,662 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 · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€574,365€448,209▼
Fixed assets21/28€37,757€37,033▼
Tangible fixed assets22/27€37,757€37,033▼
Plant, machinery and equipment23-€8,954
Furniture and vehicles24€37,757€28,079▼
Current assets29/58€536,608€411,176▼
Amounts receivable within one year40/41€516,336€375,503▼
Trade receivables40€282,428€56,857▼
Other amounts receivable41€233,908€318,646▲
Cash at bank and in hand54/58€20,272€35,673▲
Equity and liabilities
Total equity and liabilities10/49€574,365€448,209▼
Equity10/15€41,870€267,971▲
Contributions10/11€5,000€5,000=
Outside capital11€5,000€5,000=
Other1109/19€5,000€5,000=
Profit (loss) carried forward14€36,870€262,971▲
Amounts payable17/49€532,495€180,238▼
Amounts payable within one year42/48€532,495€180,238▼
Trade debts44€487,904€105,607▼
Suppliers440/4€487,904€105,607▼
Taxes, remuneration and social security45€44,590€74,631▲
Taxes450/3€24,352€74,631▲
Remuneration and social security454/9€20,239-
Income statement Code20242025
Turnover70€2.1m€907,857▼
Goods, raw materials, services and sundry goods60/61€2.0m€505,556▼
Remuneration, social security and pensions62€101,650€72,976▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,215€16,384▲
Other operating charges640/8€10,734€12,471▲
Gross operating margin9900€65,362€405,894▲
Operating profit (loss)9901-€54,237€304,064▲
Financial charges65/66B€118€42▼
Recurring financial charges65€118€42▼
Profit (loss) for the period before taxes9903-€54,355€304,022▲
Income taxes67/77-€71,683
Profit (loss) for the period9904-€54,355€232,338▲
Profit (loss) for the period to be appropriated9905-€54,355€232,338▲
Appropriation of the result
Profit (loss) to be appropriated9906€36,870€269,209▲
Profit (loss) brought forward from the previous period14P€91,226€36,870▼
Profit to be distributed694/7-€6,238
Employees696-€6,238

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Turnover70€512,942€2.1m€907,857▼ 56.2%
Goods, raw materials, services and sundry goods60/61€349,285€2.0m€505,556▼ 74.8%
Remuneration, social security and pensions62€43,063€101,650€72,976▼ 28.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,446€7,215€16,384▲ 127%
Other operating charges640/8€4,618€10,734€12,471▲ 16.2%
Gross operating margin9900€164,243€65,362€405,894▲ 521%
Operating profit (loss)9901€115,116-€54,237€304,064▲ 661%
Financial charges65/66B€175€118€42▼ 64.4%
Recurring financial charges65€175€118€42▼ 64.4%
Profit (loss) for the period before taxes9903€114,941-€54,355€304,022▲ 659%
Income taxes67/77€23,715-€71,683-
Profit (loss) for the period9904€91,226-€54,355€232,338▲ 527%
Profit (loss) for the period to be appropriated9905€91,226-€54,355€232,338▲ 527%
Line202320242025Change
Assets
Total assets20/58€249,959€574,365€448,209▼ 22.0%
Formation expenses20€341---
Fixed assets21/28-€37,757€37,033▼ 1.9%
Tangible fixed assets22/27-€37,757€37,033▼ 1.9%
Plant, machinery and equipment23--€8,954-
Furniture and vehicles24-€37,757€28,079▼ 25.6%
Current assets29/58€249,619€536,608€411,176▼ 23.4%
Amounts receivable within one year40/41€227,883€516,336€375,503▼ 27.3%
Trade receivables40€109,065€282,428€56,857▼ 79.9%
Other amounts receivable41€118,819€233,908€318,646▲ 36.2%
Cash at bank and in hand54/58€21,736€20,272€35,673▲ 76.0%
Equity and liabilities
Total equity and liabilities10/49€249,959€574,365€448,209▼ 22.0%
Equity10/15€96,226€41,870€267,971▲ 540%
Contributions10/11€5,000€5,000€5,000=
Outside capital11€5,000€5,000€5,000=
Other1109/19€5,000€5,000€5,000=
Profit (loss) carried forward14€91,226€36,870€262,971▲ 613%
Amounts payable17/49€153,734€532,495€180,238▼ 66.2%
Amounts payable within one year42/48€153,734€532,495€180,238▼ 66.2%
Trade debts44€101,830€487,904€105,607▼ 78.4%
Suppliers440/4€101,830€487,904€105,607▼ 78.4%
Taxes, remuneration and social security45€51,903€44,590€74,631▲ 67.4%
Taxes450/3€49,642€24,352€74,631▲ 206%
Remuneration and social security454/9€2,262€20,239--
Line202320242025Change
Profit (loss) for the period9904€91,226-€54,355€232,338▲ 527%
+ Depreciation and write-downs630€1,446€7,215€16,384▲ 127%
Operating cash flow (approximation)€92,671-€47,140€248,723▲ 628%
Investment in fixed assets (approximation)---€15,660-
Change in cash--€1,464€15,401▲ 1,152%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €232,338
Net result €232,338 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 2.28
Current ratio from 1.01 to 2.28; short-term debt falls from €532,495 to €180,238.
31-12
Financial Equity above €200,000Eq €267,971 ▲540%
Equity rises from €41,870 to €267,971.
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€54,355
Net result drops to -€54,355, the lowest in the series; recovery starts the following year.
22-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Antwerpen · 1 establishment unit since 2022
seat establishment approximate The establishment unit on the map
Ground area
5,926 m²
Building footprint
982 m²
Volume, LiDAR
3,848 m³
Parcel 11051C0217/00L005, Flanders · tallest building 12.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MULTI-CLEANUP
Spoorweglaan 33-35, 2610 AntwerpenGeneral cleaning of buildings
since 20222.331.185.855
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11051C0217/00L005 Flanders 5,926 m² 1 · 982 m² 12.2 m · 1 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.

Similar companies · same sector, comparable size

Of 7,364 companies in sector 81210 we hold annual accounts for 2,741. 1,777 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
Founded10-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

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