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MULTI-COMMUNICATION

Active Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1988active for 38 yearsJupiterlaan 155, 1190 ForestKBO/BCE: BE 0433.941.574

Lifetime

19 annual accounts with figures on one time axis, 23 filings since 1988
peak €87,362 (2008)
-€2,374▲ €4,168
lowest -€83,097 (2013)
-€4,013▲ €4,589
peak €93,426 (2011)
-€321,204▼ €4,013
€325,955▲ 2.1%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
22-08-202622 days late
2025micro format
Gross margin from -€6,542 to -€2,374Loss of €4,013

Key points

from the 2025 annual accounts

Equity

-€321,204
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€419,610 in 14 years
-83,097201320152017201920212023-4,0132025

Every financial year from 2012 to 2025 closed with a loss. 2013 was the heaviest.

Position in the sector

-6761.0%

Lower solvency than 95% of companies in advertising and market research. Sector median 53.2% · 9,119 companies.

2025 accounts filed 22 days after the deadlineTurnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,635 companies had the same profile as MULTI-COMMUNICATION has now. Each dot stands for 17 companies, two years later.

84.3%
were still trading
10.2%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,635 companies, not a prediction for MULTI-COMMUNICATION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered office moved within Forest New registered office: Avenue Jupiter 155 Boîte 4ème Droit, 1190 Forest · Previous registered office: Avenue Jupiter 155 boîte 4G, 1190 Forest · Board meeting of 05-03-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0433941574
First establishment Jupiterlaan 155, Forest
Incorporation published on 29-04-1988 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
MULTI-COMMUNICATION Forest €4,751 -€2,374 -6761.0% -
SPECTRA Saint-Vith €5,145 -€1,638 -4470.0% -
THE ENTERTAINMENT MARKETING COMPANY Wemmel €4,204 -€4,436 -10169.9% -
Hervian Promotion and Publicity Vehicles Herve €4,299 -€2,120 -136.6% -
ID MAGIC BELGIQUE Mons €4,197 -€35,706 -568.4% 0
GRAVITEX Wemmel €4,263 -€1,409 11.6% -
BEDITIQUE La Roche-en-Ardenne €3,777 €229 -1817.2% -

These companies have the same main activity as MULTI-COMMUNICATION: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €3,780 and €5,150, founded between 1983 and 1994.

Official details

Source: KBO
Status
Active since 14-04-1988Normal situation
Activity
Advertising agenciesNACE 73110and 1 other
Establishment unit
2.037.358.0091190 Forest, since 17-12-1992
Financial year end
31 December
Peppol
Reachable since 09-11-2025
Company details

Annual accounts 2025

€4,751▲ 130%
Filing
Filed on 22-08-2026
Financials

Insights on MULTI-COMMUNICATION

MULTI-COMMUNICATION files the micro format. That format states no turnover. The gross margin fell from €12,000 in 2007 to -€2,374 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MULTI-COMMUNICATION

What is the company number of MULTI-COMMUNICATION?
The company number of MULTI-COMMUNICATION is 0433.941.574. The VAT number is the same number with BE in front: BE 0433.941.574.
Where is MULTI-COMMUNICATION based?
The registered office is at Jupiterlaan 155, 1190 Forest.Company details
What does MULTI-COMMUNICATION do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of MULTI-COMMUNICATION?
Legal form of MULTI-COMMUNICATION: Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was MULTI-COMMUNICATION founded?
MULTI-COMMUNICATION was founded on 14-04-1988.
Is MULTI-COMMUNICATION still active?
Yes, MULTI-COMMUNICATION is an active enterprise in the KBO register.
What is the turnover of MULTI-COMMUNICATION?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is MULTI-COMMUNICATION profitable?
In financial year 2025, MULTI-COMMUNICATION made a loss of €4,013.
Where can I find the annual accounts of MULTI-COMMUNICATION?
MULTI-COMMUNICATION filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MULTI-COMMUNICATION due?
MULTI-COMMUNICATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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