MULTI CONTROL
MULTI CONTROL has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €130k and a net result of €3k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 18% of 37978 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €130k |
| Net result | €3k |
| Better than sector | 18% |
| Active | 22 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 15.4% | 58.2% | |
| Net result | €3k | €26k | |
| Equity | €130k | €90k | |
| Gross operating margin | €32k | €52k | |
| Total assets | €844k | €189k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €29k | €20k | €8k | €31k |
| Net profit | €3k | €-4k | €-20k | €2k |
| Cash flow | €24k | €13k | €-5k | €17k |
| Staff costs | - | - | - | - |
| Income taxes | €140 | €132 | €120 | €5k |
| Dividends | - | - | - | - |
| Total assets | €844k | €781k | €861k | €833k |
| Equity | €130k | €127k | €131k | €152k |
| Debt | €678k | €617k | €693k | €644k |
| of which ≤ 1y | €616k | €531k | €594k | €532k |
| of which > 1y | €62k | €78k | €93k | €108k |
| Working capital | €121k | €150k | €165k | €185k |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.20 | 1.28 | 1.28 | 1.35 |
| Quick ratio | 1.20 | 1.28 | 1.28 | 1.35 |
| Working capital ratio | 14.3% | 19.2% | 19.2% | 22.2% |
| Solvency | 15.4% | 16.2% | 15.2% | 18.2% |
| Debt / equity | 5.22 | 4.86 | 5.29 | 4.25 |
| Long-term debt ratio | 0.48 | 0.61 | 0.71 | 0.71 |
| Interest coverage | 4.46 | 1.31 | 0.42 | 2.42 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 0.3% | -0.5% | -2.4% | 0.3% |
| ROE | 2.2% | -3.3% | -15.6% | 1.4% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €844k | €781k | €861k | €833k |
| Fixed assets | 21/28 | €108k | €101k | €102k | €116k |
| Tangible fixed assets | 22/27 | €105k | €98k | €99k | €113k |
| Financial fixed assets | 28 | €3k | €3k | €3k | €3k |
| Current assets | 29/58 | €737k | €680k | €759k | €717k |
| Amounts receivable within one year | 40/41 | €672k | €677k | €747k | €708k |
| Cash & bank | 54/58 | €61k | €905 | €11k | €6k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €844k | €781k | €861k | €833k |
| Equity | 10/15 | €130k | €127k | €131k | €152k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €109k | €106k | €111k | €131k |
| Provisions & deferred taxes | 16 | €37k | €37k | €37k | €37k |
| Amounts payable | 17/49 | €678k | €617k | €693k | €644k |
| Amounts payable after one year | 17 | €62k | €78k | €93k | €108k |
| Amounts payable within one year | 42/48 | €616k | €531k | €594k | €532k |
| Trade debts payable within one year | 44 | €67k | €15k | €26k | €14k |
| Income statement | |||||
| Gross operating margin | 9900 | €32k | €71k | €49k | €74k |
| Operating result | 9901 | €8k | €3k | €-7k | €16k |
| Financial income | 75 | €1k | €9k | €6k | €5k |
| Financial charges | 65 | €6k | €16k | €19k | €13k |
| Result before taxes | 9903 | €3k | €-4k | €-20k | €8k |
| Income taxes | 67/77 | €140 | €132 | €120 | €5k |
| Net result for the period | 9904 | €3k | €-4k | €-20k | €2k |
| Result to be appropriated | 9905 | €3k | €-4k | €-20k | €2k |
-
dE RUITER Alexander Job Willem TheunDirectorState Gazette act 24335315 (22-01-2024)Current22-01-2024 → present
-
dE RUITER Markus GerritDirectorState Gazette act 24335315 (22-01-2024)Current22-01-2024 → present
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 01-07-2004 |
| Status | Active |
| Postal code | 8210 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31036F0478/00G000 | Flanders | 921 m² | 1 · 174 m² | 9.3 m · 2 fl. |
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.
22-01-2024 2 directors appointed
- dE RUITER Alexander Job Willem Theun, Bestuurder
- dE RUITER Markus Gerrit, Bestuurder
Technical details
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{
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],
"notary": {
"name": "Steven Fieuws",
"firm_city": null,
"firm_name": null,
"office_city": "Brugge",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-22",
"filing_date": "2024-01-17",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-22",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-22",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-22",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-22",
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},
{
"body": "algemene_vergadering",
"date": "2023-12-22",
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},
{
"body": "algemene_vergadering",
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},
{
"body": "algemene_vergadering",
"date": "2023-12-22",
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}
],
"is_correction": false,
"subject_company": {
"kbo": "0866.100.429",
"name_full": "MULTI CONTROL",
"legal_form": "BV"
},
"publication_proxy": {
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},
"co_filed_documents": [
"de expeditie van de notari\u00EBle akte van 22 december 2023",
"de co\u00F6rdinatie van de statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | MULTI CONTROL |