MULTI GALAXY
ActiveSummary
The computed 12-month bankruptcy probability of MULTI GALAXY is 2.9% (moderate). The 2024 annual accounts show equity of €2,857 and a net result of €15,494. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 6720 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency30▲+30
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
4.8%
Return on assets
26.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 6720 sector peers (2024).
NBB · sector comparisonPosition among 6720 sector peers
Solvency
better than 19%
← weakest
strongest →
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
6 d early
2023
13 d late
2022
26 d early
2021
49 d late
2020
133 d late
2019
104 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 July (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€2,857
2023 · -€12,637
Total assets
€59,342▲ 28.5%
2023 · €46,173
Net result
€15,494
2023 · -€17,182
Working capital
-€19,225▲ 19.9%
2023 · -€24,000
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€13,148▲ 97.7%€4▼ 100.0%€306▲ 8,643%-€17,089€15,624
Net result€13,046within the sector's middle half▲ 110%-€175within the sector's middle half€212within the sector's middle half-€17,182below the sector's middle half€15,494within the sector's middle half
Equity€4,509below the sector's middle half€4,333below the sector's middle half▼ 3.9%€4,546below the sector's middle half▲ 4.9%-€12,637below the sector's middle half€2,857below the sector's middle half
Total assets€10,315below the sector's middle half▲ 167%€60,723within the sector's middle half▲ 489%€35,108below the sector's middle half▼ 42.2%€46,173within the sector's middle half▲ 31.5%€59,342within the sector's middle half▲ 28.5%
Debt€5,807▼ 53.2%€56,390▲ 871%€30,562▼ 45.8%€58,810▲ 92.4%€56,485▼ 4.0%
Working capital€4,509within the sector's middle half-€18,681below the sector's middle half€4,546within the sector's middle half-€24,000below the sector's middle half-€19,225below the sector's middle half▲ 19.9%
Solvency43.7%within the sector's middle half7.1%below the sector's middle half▼ 36.6pp12.9%below the sector's middle half▲ 5.8pp-27.4%below the sector's middle half▼ 40.3pp4.8%below the sector's middle half▲ 32.2pp
Current ratio1.78within the sector's middle half0.67below the sector's middle half▼ 1.111.15within the sector's middle half▲ 0.480.59below the sector's middle half▼ 0.560.66below the sector's middle half▲ 0.07
Return on assets (ROA)126.5%above the sector's middle half-0.3%below the sector's middle half▼ 126.8pp0.6%within the sector's middle half▲ 0.9pp-37.2%below the sector's middle half▼ 37.8pp26.1%above the sector's middle half▲ 63.3pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €15,624 after a loss of €17,089 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €59,342
Fixed assets
€22,082 ▲ 94.3%
Current assets
€37,260 ▲ 7.0%
Equity and liabilities €59,342
Equity
€2,857
Debt
€56,485
Debt finances 95.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€23,916▲
2023 · -€14,816
Cash flow
€23,785▲
2023 · -€14,910
Debt to equity
19.77▲
2023 · -4.65
ROE
542.3%
Interest coverage
183.11▲
2023 · -158.23
Debt ≤ 1 year
€56,485▼
2023 · €58,810
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,324 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
3.1%
stopped otherwise
95%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,324 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €6,986 | €0 | €2,273 | €8,292 | ▲ 265% |
| Other operating charges640/8 | - | €1,493 | €1,945 | €497 | €943 | ▲ 89.6% |
| Non-recurring operating charges66A | - | - | €2,353 | €0 | - | - |
| Gross operating margin9900 | €14,404 | €8,482 | €4,604 | -€14,319 | €24,859 | ▲ 274% |
| Operating profit (loss)9901 | €13,148 | €4 | €306 | -€17,089 | €15,624 | ▲ 191% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - |
| Financial charges65/66B | - | €179 | €94 | €94 | €131 | ▲ 39.5% |
| Recurring financial charges65 | €101 | €179 | €94 | €94 | €131 | ▲ 39.5% |
| Profit (loss) for the period before taxes9903 | €13,046 | -€175 | €212 | -€17,182 | €15,494 | ▲ 190% |
| Profit (loss) for the period9904 | €13,046 | -€175 | €212 | -€17,182 | €15,494 | ▲ 190% |
| Profit (loss) for the period to be appropriated9905 | €13,046 | -€175 | €212 | -€17,182 | €15,494 | ▲ 190% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10,315 | €60,723 | €35,108 | €46,173 | €59,342 | ▲ 28.5% |
| Fixed assets21/28 | - | €23,014 | €0 | €11,364 | €22,082 | ▲ 94.3% |
| Tangible fixed assets22/27 | - | €23,014 | €0 | €11,364 | €20,282 | ▲ 78.5% |
| Furniture and vehicles24 | - | €23,014 | €0 | €11,364 | €20,282 | ▲ 78.5% |
| Financial fixed assets28 | - | - | - | - | €1,800 | - |
| Current assets29/58 | €10,315 | €37,709 | €35,108 | €34,809 | €37,260 | ▲ 7.0% |
| Stocks and contracts in progress3 | - | - | - | €10,479 | - | - |
| Stocks30/36 | - | - | - | €10,479 | - | - |
| Amounts receivable within one year40/41 | €256 | €37,256 | €27,403 | €14,913 | €16,758 | ▲ 12.4% |
| Trade receivables40 | - | €36,432 | €25,000 | €10,121 | €16,758 | ▲ 65.6% |
| Other amounts receivable41 | - | €824 | €2,403 | €4,791 | - | - |
| Cash at bank and in hand54/58 | €8,956 | €453 | €7,304 | €9,000 | €20,077 | ▲ 123% |
| Deferred charges and accrued income490/1 | - | - | €401 | €418 | €425 | ▲ 1.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10,315 | €60,723 | €35,108 | €46,173 | €59,342 | ▲ 28.5% |
| Equity10/15 | €4,509 | €4,333 | €4,546 | -€12,637 | €2,857 | ▲ 123% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €53 | €53 | €53 | €53 | €53 | = |
| Non-distributable reserves130/1 | - | €53 | €53 | - | - | - |
| Reserves not available under the articles1311 | - | €53 | €53 | - | - | - |
| Distributable reserves133 | - | - | - | €53 | €53 | = |
| Profit (loss) carried forward14 | -€14,144 | -€14,319 | -€14,107 | -€31,289 | -€15,796 | ▲ 49.5% |
| Amounts payable17/49 | €5,807 | €56,390 | €30,562 | €58,810 | €56,485 | ▼ 4.0% |
| Amounts payable within one year42/48 | €5,807 | €56,390 | €30,562 | €58,810 | €56,485 | ▼ 4.0% |
| Trade debts44 | €199 | €29,996 | €0 | €378 | €10,881 | ▲ 2,782% |
| Suppliers440/4 | - | €29,996 | €0 | €378 | €10,881 | ▲ 2,782% |
| Taxes, remuneration and social security45 | - | - | €6,400 | €0 | €1,813 | - |
| Taxes450/3 | - | - | - | - | €1,813 | - |
| Remuneration and social security454/9 | - | - | €6,400 | €0 | - | - |
| Other amounts payable47/48 | - | €26,394 | €24,162 | €58,432 | €43,791 | ▼ 25.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,046 | -€175 | €212 | -€17,182 | €15,494 | ▲ 190% |
| + Depreciation and write-downs630 | - | €6,986 | €0 | €2,273 | €8,292 | ▲ 265% |
| Operating cash flow (approximation) | €13,046 | €6,810 | €212 | -€14,910 | €23,785 | ▲ 260% |
| Investment in fixed assets (approximation) | - | - | €23,014 | -€13,636 | -€19,010 | ▼ 39.4% |
| Change in cash | - | -€8,502 | €6,851 | €1,696 | €11,077 | ▲ 553% |
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
18-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €15,494
Net result €15,494 after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Weakest financial yearnet -€17,182
Net result drops to -€17,182, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €212
Net result €212 after one loss-making year.
18-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 49 days late
2021
11-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 133 days late
2020
31-12
Financial
Liquidity times 6current ratio 1.78
Current ratio from 0.31 to 1.78; short-term debt falls from €12,402 to €5,807.
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
31-12
Financial
Back to profitnet €6,216
Net result €6,216 after one loss-making year.
Show earlier events
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 55 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Etterbeek · 1 establishment unit since 2015
Ground area
164 m²
Building footprint
273 m²
Volume, LiDAR
2,546 m³
Parcel 21363B0372/00S003, Brussels · tallest building 19.7 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
MULTI GALAXY
since 20152.243.004.541
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0372/00S003 | Brussels | 164 m² | 1 · 273 m² | 19.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,683 companies in sector 49330 we hold annual accounts for 2,299. 1,355 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
46180Agents specialised in the wholesale of other particular products
46720Wholesale of motor vehicle parts and accessories
47300Retail sale of automotive fuel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0632680718
Registered
25-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.