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MULTI.engineering Industrie, Bouw & Infra

Active Public limited companyfounded 1988active for 37 yearsOrlaylaan 10, 9140 TemseKBO/BCE: BE 0435.912.159 subsidiary of Van Goeye BV#1 employer in Temse, Professional and technical services sector

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989
peak €23.5m (2022)
€20.2m▲ 3.9%
lowest -€575,847 (2016)
€797,107▼ 19.4%
peak €3.1m (2025)
€3.1m▲ 28.6%
€2.8m▼ 20.0%
peak 102 FTE (2007)
53.5 FTE▲ 10.3%
Board4 names since 2016
3 directorsBV Multi Engineering Group and 2 others
Owners
consolidatesVAN GOEYE
Documentsfilings and deeds
03-07-202628 days before the deadline
2025financial year
Staff from 48.5 FTE to 53.5 FTEReappointment: Figurad Bedrijfsrevisoren BV (statutory auditor) 29-08Equity from €2.4m to €3.1mDebts from €3.5m to €2.8mInvestments €307,358

Key points

from the 2025 annual accounts

Equity

€3.1m ▲ 28.6%

MULTI.engineering Industrie, Bouw & Infra has made a profit without a break since 2020.

Staff

53.5 FTE from 102 in 2007

Between 2007 and 2025, 48% of the full-time equivalents disappeared.

Position in the sector

€797,107

Higher net result than 87% of companies in architecture and engineering. Sector median €35,705 · 894 companies.

Checked score

96
Excellent
Financially stronger than 66% of medium-sized companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 165 companies (NACE 71, medium-sized).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

78+12equity 52.6% of total assets
47+4short-term debt 44.9% · cash 14.8%
72-4return on assets 13.5%

Score breakdown

lowers risk
Liquidity: current ratio 2.05, cash €877,571
Founded in 1988
Profit of €797,107 (financial year 2025)
Size: turnover €20.2m, 53.5 FTE, total assets €5.9m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, medium-sized). It does better than 68% of them on solvency, 55% on liquidity, 70% on profitability and 70% on growth.

The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,579 companies had the same profile as MULTI.engineering Industrie, Bouw & Infra has now. Each dot stands for 4 companies, two years later.

96.7%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of MULTI.engineering Industrie, Bouw & Infra itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 1,579 companies, not a prediction for MULTI.engineering Industrie, Bouw & Infra. 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

Credit of up to €290,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.05 (1.71 in 2024), above the usual 1.5. Short-term debt is 44.9% and cash 14.8% of total assets. 47.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.05, cash €877,571
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Profit of €797,107 (financial year 2025)
NBB · annual accounts
lowers risk · Size: turnover €20.2m, 53.5 FTE, total assets €5.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
1 day early
2023
16 days early
2022
49 days early
2021
2 days late
2020
32 days early
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 19 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BM
Managing director
S
Director, Fierens Niko
VG
Director
FB
Auditor, Bart Meghanck
  • Van Goeye BV consolidatesscore 97equity €16.1m (2025) · annual accounts 2025

Shares in 1 company, Multi.engineering Maritime & Offshore Belgium

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435912159
Reappointment: Figurad Bedrijfsrevisoren BV (statutory auditor) General meeting of 28-06-2024 · Gazette deed
Demerger: MULTI splits off to Multi Engineering Group Company renamed from MULTI to MULTl.engineering Industrie, Bouw & Infra · Capital from €62,000 to €46,317.87 · Capital from €46,317.87 to €62,000 · Gazette deed
Demerger proposal: MULTI splits off to MULTI ENGINEERING GROUP Gazette deed
All 49 events

Comparable companies

same main activity, similar in size and age
Company
MULTI.engineering Industrie, Bouw & Infra Temse €20.2m 5.7% 52.6% 53.5
DEKIMO GENT Ghent €17.0m 8.1% 72.4% 47.3
ELYSEE DENTAL BELGIUM Herent €19.5m 11.3% 13.7% 49.9
ENVIRONMENTAL RESOURCES MANAGEMENT Brussels €18.0m 6.0% 21.6% 80
EVOLTA ENGINEERS Brussels €12.1m -1.7% 24.8% 71.4
ABUTRIEK SERVICE Anzegem €13.4m 1.8% 23.6% 46.9
CSD Ingénieurs Conseils Namur €11.8m 4.3% 39.6% 70.2
-10%0%10%20%€20m€200m€2bnMULTI.engineering Industrie, Bouw & InfraEBIT margin

Grey: the largest companies of the sector (architecture and engineering (NACE 71)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as MULTI.engineering Industrie, Bouw & Infra: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €4.2m and €9.2m, founded between 1980 and 1995.

Official details

Source: KBO
Status
Active since 22-11-1988Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Joint committee
209White-collar workers in metal manufacturing · annual accounts 2025
Establishment unit
2.041.189.5099140 Temse, since 14-08-1996
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€5.9m▼ 0.1%
Employeeson 31-12-2025
58▲ 11.5%
Filing
Filed on 03-07-2026, 28 days before the end of the filing period
Financials

Insights on MULTI.engineering Industrie, Bouw & Infra

MULTI.engineering Industrie, Bouw & Infra has existed since 1988. Turnover grew from €11.7m in 2008 to €20.2m in 2025, while staff fell from 99.7 to 53.5 full-time equivalents.

Solvency rose in 2025 from 40.8% to 52.6% because of the retained profit and lower debts.

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.engineering Industrie, Bouw & Infra

What is the company number of MULTI.engineering Industrie, Bouw & Infra?
The company number of MULTI.engineering Industrie, Bouw & Infra is 0435.912.159. The VAT number is the same number with BE in front: BE 0435.912.159.
Where is MULTI.engineering Industrie, Bouw & Infra based?
The registered office is at Orlaylaan 10, 9140 Temse.Company details
What does MULTI.engineering Industrie, Bouw & Infra do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of MULTI.engineering Industrie, Bouw & Infra?
MULTI.engineering Industrie, Bouw & Infra is a public limited company (NV).
When was MULTI.engineering Industrie, Bouw & Infra founded?
MULTI.engineering Industrie, Bouw & Infra was founded on 22-11-1988.
Is MULTI.engineering Industrie, Bouw & Infra still active?
Yes, MULTI.engineering Industrie, Bouw & Infra is an active enterprise in the KBO register.
How many employees does MULTI.engineering Industrie, Bouw & Infra have?
MULTI.engineering Industrie, Bouw & Infra had an average of 53.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MULTI.engineering Industrie, Bouw & Infra fall under?
In its 2025 annual accounts, MULTI.engineering Industrie, Bouw & Infra states joint committee 209 (White-collar workers in metal manufacturing).
What is the turnover of MULTI.engineering Industrie, Bouw & Infra?
The turnover of MULTI.engineering Industrie, Bouw & Infra was €20.2m in financial year 2025, according to the filed annual accounts.
Is MULTI.engineering Industrie, Bouw & Infra profitable?
In financial year 2025, MULTI.engineering Industrie, Bouw & Infra made a profit of €797,107.
Where can I find the annual accounts of MULTI.engineering Industrie, Bouw & Infra?
MULTI.engineering Industrie, Bouw & Infra filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MULTI.engineering Industrie, Bouw & Infra due?
MULTI.engineering Industrie, Bouw & Infra must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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