Multi - Délices
ActiveSummary
The computed 12-month bankruptcy probability of Multi - Délices is 2.1% (moderate). The 2025 annual accounts show equity of €108,916 and a net result of -€100,753. Equity is shrinking by ~23% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability60▼-9
Solvency26▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 46.23 against 9.78 in 2024; short-term debt: 0.1% and cash: 2% of total assets), but 98.8% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 14-01-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
17 d early
2023
20 d early
2022
17 d late
2021
3 d early
2020
11 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 14 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€108,916▼ 48.1%
2024 · €209,669
Total assets
€9.1m▼ 1.3%
2024 · €9.2m
Net result
-€100,753
2024 · €6,266
Working capital
€252,813▲ 78.4%
2024 · €141,720
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€86,433▲ 32.8%-€108,665▼ 25.7%-€296,084▼ 172%€49,047-€54,925
Net result-€86,742▲ 32.4%-€124,239▼ 43.2%-€339,011▼ 173%€6,266-€100,753
Equity€629,694▼ 8.3%€519,326▼ 17.5%€180,315▼ 65.3%€209,669▲ 16.3%€108,916▼ 48.1%
Total assets€8.1m▲ 26.1%€9.0m▲ 10.8%€9.2m▲ 2.4%€9.2m=€9.1m▼ 1.3%
Debt€7.5m▲ 30.2%€8.5m▲ 13.2%€9.0m▲ 6.5%€9.0m▼ 0.3%€9.0m▼ 0.3%
Working capital€551,470▼ 62.4%-€230,129€79,887€141,720▲ 77.4%€252,813▲ 78.4%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €54,925 after €49,047 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.1m
Fixed assets
€8.8m ▼ 2.5%
Current assets
€258,403 ▲ 63.7%
Equity and liabilities €9.1m
Equity
€108,916 ▼ 48.1%
Debt
€9.0m ▼ 0.3%
Debt's share of the balance-sheet total rises from 97.7% to 98.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€238,378▼
2024 · €339,356
Cash flow
€192,550▼
2024 · €296,575
Current ratio
46.23▲
2024 · 9.78
Debt to equity
82.48▲
2024 · 42.96
ROE
-92.5%▼
2024 · 3.0%
ROA
-1.1%▼
2024 · 0.1%
Interest coverage
5.08▼
2024 · 7.60
Debt ≤ 1 year
€5,590▼
2024 · €16,133
Debt > 1 year
€9.0m▼
2024 · €9.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 140 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 96% are still going.
- Medium-sized
- 20 years or older
- solvency under 10%
- a small loss
2.1%
went bankrupt
1.4%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 2.1% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 140 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,290 | €571 | €143,783 | €6,814 | ▼ 95.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €94,663 | €128,813 | €418,313 | €290,309 | €293,303 | ▲ 1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€1,958 | - | €14,755 | -€5,707 | ▼ 139% |
| Other operating charges640/8 | - | €20,644 | €22,576 | €31,455 | €38,526 | ▲ 22.5% |
| Gross operating margin9900 | €41,323 | €38,833 | €144,804 | €385,565 | €271,198 | ▼ 29.7% |
| Operating profit (loss)9901 | -€86,433 | -€108,665 | -€296,084 | €49,047 | -€54,925 | ▼ 212% |
| Financial income75/76B | - | €26,188 | €3,222 | €1,885 | €1,085 | ▼ 42.4% |
| Recurring financial income75 | €40,333 | €26,188 | €3,222 | €1,885 | €1,085 | ▼ 42.4% |
| Financial charges65/66B | - | €41,762 | €46,149 | €44,666 | €46,913 | ▲ 5.0% |
| Recurring financial charges65 | €40,641 | €41,762 | €46,149 | €44,666 | €46,913 | ▲ 5.0% |
| Profit (loss) for the period before taxes9903 | -€86,742 | -€124,239 | -€339,011 | €6,266 | -€100,753 | ▼ 1,708% |
| Profit (loss) for the period9904 | -€86,742 | -€124,239 | -€339,011 | €6,266 | -€100,753 | ▼ 1,708% |
| Profit (loss) for the period to be appropriated9905 | -€86,742 | -€124,239 | -€339,011 | €6,266 | -€100,753 | ▼ 1,708% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.1m | €9.0m | €9.2m | €9.2m | €9.1m | ▼ 1.3% |
| Fixed assets21/28 | €7.3m | €8.9m | €9.1m | €9.1m | €8.8m | ▼ 2.5% |
| Tangible fixed assets22/27 | €7.3m | €8.9m | €9.1m | €9.1m | €8.8m | ▼ 2.5% |
| Land and buildings22 | - | €8.9m | €9.1m | €9.1m | €8.8m | ▼ 2.5% |
| Financial fixed assets28 | €960 | €960 | €960 | €960 | €960 | = |
| Current assets29/58 | €780,861 | €92,166 | €112,414 | €157,853 | €258,403 | ▲ 63.7% |
| Amounts receivable after more than one year29 | - | €63,666 | €51,666 | €33,666 | €15,666 | ▼ 53.5% |
| Other amounts receivable291 | - | €63,666 | €51,666 | €33,666 | €15,666 | ▼ 53.5% |
| Amounts receivable within one year40/41 | €21,967 | €6,000 | €12,000 | €29,558 | €51,243 | ▲ 73.4% |
| Other amounts receivable41 | - | €6,000 | €12,000 | €29,558 | €51,243 | ▲ 73.4% |
| Cash at bank and in hand54/58 | €695,860 | €12,727 | €28,856 | €89,266 | €184,298 | ▲ 106% |
| Deferred charges and accrued income490/1 | - | €9,772 | €19,892 | €5,364 | €7,196 | ▲ 34.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.1m | €9.0m | €9.2m | €9.2m | €9.1m | ▼ 1.3% |
| Equity10/15 | €629,694 | €519,326 | €180,315 | €209,669 | €108,916 | ▼ 48.1% |
| Contributions10/11 | €865,000 | €865,000 | €865,000 | €865,000 | €865,000 | = |
| Capital10 | - | €865,000 | €865,000 | €865,000 | €865,000 | = |
| Issued capital100 | - | €865,000 | €865,000 | €865,000 | €865,000 | = |
| Revaluation surpluses12 | - | €66,987 | €66,987 | €90,075 | €90,075 | = |
| Reserves13 | €87,150 | €87,150 | €87,150 | €87,150 | €87,150 | = |
| Non-distributable reserves130/1 | - | €86,500 | €86,500 | €86,500 | €86,500 | = |
| Legal reserve130 | - | €86,500 | €86,500 | €86,500 | €86,500 | = |
| Tax-exempt reserves132 | - | €650 | €650 | €650 | €650 | = |
| Profit (loss) carried forward14 | -€375,572 | -€499,811 | -€838,822 | -€832,556 | -€933,309 | ▼ 12.1% |
| Amounts payable17/49 | €7.5m | €8.5m | €9.0m | €9.0m | €9.0m | ▼ 0.3% |
| Amounts payable after more than one year17 | €7.3m | €8.2m | €9.0m | €9.0m | €9.0m | ▼ 0.2% |
| Other amounts payable178/9 | - | €8.2m | €9.0m | €9.0m | €9.0m | ▼ 0.2% |
| Amounts payable within one year42/48 | €229,391 | €322,294 | €32,528 | €16,133 | €5,590 | ▼ 65.4% |
| Trade debts44 | €98,175 | €321,944 | €30,390 | €13,027 | €1,911 | ▼ 85.3% |
| Suppliers440/4 | - | €321,944 | €30,390 | €13,027 | €1,911 | ▼ 85.3% |
| Other amounts payable47/48 | - | €350 | €2,138 | €3,107 | €3,678 | ▲ 18.4% |
| Accrued charges and deferred income492/3 | - | €1,026 | €1,204 | €960 | €6,951 | ▲ 624% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€86,742 | -€124,239 | -€339,011 | €6,266 | -€100,753 | ▼ 1,708% |
| + Depreciation and write-downs630 | €94,663 | €128,813 | €418,313 | €290,309 | €293,303 | ▲ 1.0% |
| Operating cash flow (approximation) | €7,922 | €4,574 | €79,302 | €296,575 | €192,550 | ▼ 35.1% |
| Investment in fixed assets (approximation) | - | -€1.7m | -€609,884 | -€245,622 | -€69,282 | ▲ 71.8% |
| Change in cash | - | -€683,133 | €16,129 | €60,409 | €95,032 | ▲ 57.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Liquidity times 5current ratio 46.23
Current ratio from 9.78 to 46.23; short-term debt falls from €16,133 to €5,590.
14-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Back to profitnet €6,266
Net result €6,266 after 5 loss-making years.
30-06
Financial
Liquidity triplescurrent ratio 9.78
Current ratio from 3.46 to 9.78; short-term debt falls from €32,528 to €16,133.
30-06
Financial
Equity above €200,000Eq €209,669 ▲16.3%
Equity rises from €180,315 to €209,669.
11-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet -€339,011
Net result drops to -€339,011, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 12current ratio 3.46
Current ratio from 0.29 to 3.46; short-term debt falls from €322,294 to €32,528.
17-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 17 days late
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
Show earlier events
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Zulte · 8 establishment units since 1997
Ground area
9.0 ha
Building footprint
7,816 m²
Volume, LiDAR
47,828 m³
9 parcels, Flanders, Wallonia · tallest building 16.5 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
8 establishment units
Establishment
since 19972.084.798.432
PRALINES LEONIDAS
since 20002.084.798.630
PRALINES LEONIDAS
since 20002.084.798.729
Rue de Maire(FRY) 2, 7503 Tournai
since 20092.182.843.458
Avenue de la Basilique(B.S) 10, 7603 Péruwelz
since 20092.182.844.646
Rue Albert 1er(PER) 43, 7600 Péruwelz
since 20092.182.846.032
Show 2 more locations
Establishment
since 20122.217.924.202
Rue des Bardanes 3, 7522 Tournai
since 20162.257.967.186
9 parcels
Flanders
1
(11.1%)
Wallonia
8
(88.9%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57031C0020/00P002 | Wallonia | 7.0 ha | 1 · 3,170 m² | 10.6 m · 2 fl. |
| 57462C0548/00N000 ProtectedMonument |
Wallonia | 1.6 ha | 1 · 1,796 m² | 10.3 m · 2 fl. |
| 57050A0166/00X006 | Wallonia | 1,591 m² | 1 · 1,805 m² | 6.0 m · 2 fl. |
| 44081A0287/00C006 | Flanders | 1,341 m² | 1 · 447 m² | 12.8 m · 1 fl. |
| 54432C0053/00D000 | Wallonia | 474 m² | 1 · 111 m² | - |
| 57081G0300/00H000 | Wallonia | 407 m² | 1 · 89 m² | 16.5 m · 5 fl. |
| 57011E1422/00P000 | Wallonia | 326 m² | 1 · 70 m² | 13.9 m · 4 fl. |
| 57078D1062/00B009 | Wallonia | 275 m² | 1 · 276 m² | - |
| 57064D0765/00L000 | Wallonia | 194 m² | 1 · 53 m² | 12.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
9 of 9 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Legal Entity Identifier
549300NFHVEMEWEJ6T86
Identification & contact
Identification
Legal formPublic limited company
Founded30-09-1997
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0461556781
Also
9925:BE0461556781
Registered
27-08-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.