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MULTI FINISH

Active Private limited companyfounded 2002active for 24 yearsPrinsenweg 41, 3700 Tongeren-BorgloonKBO/BCE: BE 0477.790.623

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €474,555 (2009)
€4,365▼ 42.3%
lowest -€96,520 (2017)
-€27,431▼ €25,004
peak €61,904 (2010)
-€285,495▼ €27,431
€695,425▲ 69.8%
peak 9.5 FTE (2014)
-not published
Board2 names since 2002
1 director
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Gross margin from €7,564 to €4,365Loss of €27,431Debts from €409,609 to €695,425Cash from €3,814 to €5,669

Key points

from the 2025 annual accounts

Equity

-€285,495
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€29,859 in two years
-2,4282024-27,4312025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Debts

€695,425 170% of the balance sheet
Suppliers 3%Taxes and wages 0%Other 97%

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,792 companies had the same profile as MULTI FINISH has now. Each dot stands for 7 companies, two years later.

90.4%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a small loss

Another 1.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2,792 companies, not a prediction for MULTI FINISH. 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, since 13-06-2002
  • all the sharesdeed of 23-09-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0477790623
Resignation: (director, formerly manager) Reappointment: (director) · “Groothandel in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere doeleinden…” (deed in Dutch) · Director discharge: · General meeting of 05-09-2024 · Gazette deed
Resignation: (manager) General meeting of 29-03-2019 · Gazette deed
Judicial dissolution and immediate closure Enterprise Court of Antwerp, Tongeren division · judgment of 13-11-2018 · Bankruptcy
All 32 events

Official details

Source: KBO
Status
Active since 20-06-2002Normal situation
Activity
HoldingsNACE 64200and 3 others
Establishment unit
2.114.347.2063700 Tongeren-Borgloon, since 03-09-2002
Financial year end
31 December
Peppol
Reachable since 26-11-2025
Company details

Annual accounts 2025

≈ €30,000estimated
€409,930▲ 170%
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Insights on MULTI FINISH

MULTI FINISH files the abbreviated format. That format states no turnover. The gross margin fell from €207,455 in 2006 to €4,365 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 FINISH

What is the company number of MULTI FINISH?
The company number of MULTI FINISH is 0477.790.623. The VAT number is the same number with BE in front: BE 0477.790.623.
Where is MULTI FINISH based?
The registered office is at Prinsenweg 41, 3700 Tongeren-Borgloon.Company details
What is the legal form of MULTI FINISH?
MULTI FINISH is a private limited company (BV).
When was MULTI FINISH founded?
MULTI FINISH was founded on 20-06-2002.
Is MULTI FINISH still active?
Yes, MULTI FINISH is an active enterprise in the KBO register.
What is the turnover of MULTI FINISH?
The turnover in financial year 2025 is ≈ €30,000. This figure is estimated from the gross margin of €4,365 and 2,729 comparable companies of the same size. It probably lies between €12,000 and €74,000. It is a rough estimate.Financials
Is MULTI FINISH profitable?
In financial year 2025, MULTI FINISH made a loss of €27,431.
Where can I find the annual accounts of MULTI FINISH?
MULTI FINISH filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MULTI FINISH due?
MULTI FINISH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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