MULTI - HOME
ActiveSummary
MULTI - HOME has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,518 and a net result of €1,072. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 38% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69=
Solvency52▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 4.68 against 4.12 in 2024; short-term debt: 20.6% and cash: 4.8% of total assets), but 73.5% of the assets are financed with debt.
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Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.5%
Return on assets
0.5%
Age of the figures
9 mo
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
31 d early
2023
33 d early
2022
39 d early
2021
39 d early
2020
37 d early
2019
35 d early
← 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 35 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€53,518▲ 2.0%
2024 · €52,446
Total assets
€201,946▼ 3.5%
2024 · €209,328
Net result
€1,072▲ 183%
2024 · €378
Working capital
€152,836▼ 3.3%
2024 · €158,113
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Operating result€4,718€11,819▲ 150%€431▼ 96.4%€497▲ 15.3%€1,112▲ 124%
Net result€3,101below the sector's middle half€10,035within the sector's middle half▲ 224%€302within the sector's middle half▼ 97.0%€378within the sector's middle half▲ 25.3%€1,072within the sector's middle half▲ 183%
Equity€41,731below the sector's middle half▲ 8.0%€51,766below the sector's middle half▲ 24.0%€52,068within the sector's middle half▲ 0.6%€52,446within the sector's middle half▲ 0.7%€53,518within the sector's middle half▲ 2.0%
Total assets€190,322below the sector's middle half▲ 7.1%€218,286below the sector's middle half▲ 14.7%€210,110within the sector's middle half▼ 3.7%€209,328within the sector's middle half▼ 0.4%€201,946within the sector's middle half▼ 3.5%
Debt€148,591▲ 6.9%€166,520▲ 12.1%€158,042▼ 5.1%€156,882▼ 0.7%€148,428▼ 5.4%
Working capital€144,123within the sector's middle half▲ 3.3%€155,583within the sector's middle half▲ 8.0%€157,026above the sector's middle half▲ 0.9%€158,113above the sector's middle half▲ 0.7%€152,836above the sector's middle half▼ 3.3%
Solvency21.9%within the sector's middle half▲ 0.2pp23.7%within the sector's middle half▲ 1.8pp24.8%within the sector's middle half▲ 1.1pp25.1%within the sector's middle half▲ 0.3pp26.5%within the sector's middle half▲ 1.4pp
Current ratio4.14above the sector's middle half▼ 0.513.51above the sector's middle half▼ 0.633.98above the sector's middle half▲ 0.474.12above the sector's middle half▲ 0.134.68above the sector's middle half▲ 0.56
Return on assets (ROA)1.6%within the sector's middle half▲ 10.4pp4.6%within the sector's middle half▲ 3.0pp0.1%within the sector's middle half▼ 4.5pp0.2%within the sector's middle half=0.5%within the sector's middle half▲ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 124% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201,946
Fixed assets
€7,575 ▲ 1,493%
Current assets
€194,371 ▼ 6.9%
Equity and liabilities €201,946
Equity
€53,518 ▲ 2.0%
Debt
€148,428 ▼ 5.4%
Debt's share of the balance-sheet total falls from 74.9% to 73.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1,486▲
2024 · €951
Cash flow
€1,445▲
2024 · €832
Quick ratio
1.65▲
2024 · 1.56
Debt to equity
2.77▼
2024 · 2.99
ROE
2.0%▲
2024 · 0.7%
Interest coverage
36.77▲
2024 · 8.00
Debt ≤ 1 year
€41,535▼
2024 · €50,739
Debt > 1 year
€106,893▲
2024 · €106,143
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,980 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,662 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 3,980 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39 | €311 | €392 | €454 | €373 | ▼ 17.7% |
| Other operating charges640/8 | €2,481 | €766 | €862 | €780 | €831 | ▲ 6.6% |
| Gross operating margin9900 | €7,238 | €12,895 | €1,685 | €1,731 | €2,317 | ▲ 33.8% |
| Operating profit (loss)9901 | €4,718 | €11,819 | €431 | €497 | €1,112 | ▲ 124% |
| Financial income75/76B | €38 | - | - | - | - | - |
| Recurring financial income75 | €38 | - | - | - | - | - |
| Financial charges65/66B | €1,655 | €1,784 | €129 | €119 | €40 | ▼ 66.0% |
| Recurring financial charges65 | €1,655 | €1,784 | €129 | €119 | €40 | ▼ 66.0% |
| Profit (loss) for the period before taxes9903 | €3,101 | €10,035 | €302 | €378 | €1,072 | ▲ 183% |
| Profit (loss) for the period9904 | €3,101 | €10,035 | €302 | €378 | €1,072 | ▲ 183% |
| Profit (loss) for the period to be appropriated9905 | €3,101 | €10,035 | €302 | €378 | €1,072 | ▲ 183% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €190,322 | €218,286 | €210,110 | €209,328 | €201,946 | ▼ 3.5% |
| Fixed assets21/28 | €311 | €827 | €435 | €475 | €7,575 | ▲ 1,493% |
| Intangible fixed assets21 | - | - | - | - | €4,901 | - |
| Tangible fixed assets22/27 | €311 | €827 | €435 | €475 | €2,674 | ▲ 462% |
| Furniture and vehicles24 | €311 | €827 | €435 | €475 | €2,674 | ▲ 462% |
| Current assets29/58 | €190,010 | €217,460 | €209,675 | €208,852 | €194,371 | ▼ 6.9% |
| Stocks and contracts in progress3 | €139,138 | €144,481 | €134,088 | €129,852 | €125,797 | ▼ 3.1% |
| Stocks30/36 | €139,138 | €144,481 | €134,088 | €129,852 | €125,797 | ▼ 3.1% |
| Amounts receivable within one year40/41 | €49,482 | €68,912 | €67,795 | €73,413 | €57,730 | ▼ 21.4% |
| Trade receivables40 | €49,382 | €68,912 | €67,795 | €73,413 | €57,730 | ▼ 21.4% |
| Other amounts receivable41 | €100 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €401 | €3,000 | €6,663 | €4,421 | €9,642 | ▲ 118% |
| Deferred charges and accrued income490/1 | €990 | €1,067 | €1,130 | €1,167 | €1,202 | ▲ 3.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €190,322 | €218,286 | €210,110 | €209,328 | €201,946 | ▼ 3.5% |
| Equity10/15 | €41,731 | €51,766 | €52,068 | €52,446 | €53,518 | ▲ 2.0% |
| Contributions10/11 | €19,088 | €19,088 | €19,088 | €19,088 | €19,088 | = |
| Reserves13 | €19,542 | €19,542 | €19,542 | €19,542 | €19,542 | = |
| Non-distributable reserves130/1 | €1,909 | €1,909 | €1,909 | €1,909 | €1,909 | = |
| Reserves not available under the articles1311 | €1,909 | €1,909 | €1,909 | €1,909 | €1,909 | = |
| Distributable reserves133 | €17,633 | €17,633 | €17,633 | €17,633 | €17,633 | = |
| Profit (loss) carried forward14 | €3,101 | €13,136 | €13,438 | €13,816 | €14,888 | ▲ 7.8% |
| Amounts payable17/49 | €148,591 | €166,520 | €158,042 | €156,882 | €148,428 | ▼ 5.4% |
| Amounts payable after more than one year17 | €102,704 | €104,643 | €105,393 | €106,143 | €106,893 | ▲ 0.7% |
| Other amounts payable178/9 | €102,704 | €104,643 | €105,393 | €106,143 | €106,893 | ▲ 0.7% |
| Amounts payable within one year42/48 | €45,887 | €61,877 | €52,649 | €50,739 | €41,535 | ▼ 18.1% |
| Trade debts44 | €38,307 | €32,908 | €32,923 | €38,364 | €34,191 | ▼ 10.9% |
| Suppliers440/4 | €38,307 | €32,908 | €32,923 | €38,364 | €34,191 | ▼ 10.9% |
| Taxes, remuneration and social security45 | €7,580 | €8,969 | €9,726 | €12,375 | €7,344 | ▼ 40.7% |
| Taxes450/3 | €7,580 | €8,969 | €9,726 | €12,375 | €7,344 | ▼ 40.7% |
| Other amounts payable47/48 | - | €20,000 | €10,000 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,101 | €10,035 | €302 | €378 | €1,072 | ▲ 183% |
| + Depreciation and write-downs630 | €39 | €311 | €392 | €454 | €373 | ▼ 17.7% |
| Operating cash flow (approximation) | €3,140 | €10,346 | €694 | €832 | €1,445 | ▲ 73.7% |
| Investment in fixed assets (approximation) | - | -€826 | €0 | -€495 | -€7,473 | ▼ 1,410% |
| Change in cash | - | €2,599 | €3,663 | -€2,242 | €5,222 | ▲ 333% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €10,035 ▲224%
Operating result €11,819, net result €10,035, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €3,101
Net result €3,101 after 3 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€15,531
Net result drops to -€15,531, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Herenthout · 1 establishment unit since 1980
Ground area
967 m²
Building footprint
175 m²
Volume, LiDAR
533 m³
Parcel 13012E0560/00L002, Flanders · tallest building 4.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Itegemse Steenweg 76, 2270 Herenthout
since 19802.035.730.684
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13012E0560/00L002 | Flanders | 967 m² | 1 · 175 m² | 4.3 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerenthout2.035.730.684
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Of 1,567 companies in sector 46900 we hold annual accounts for 920. 526 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 (pre-2019)
Founded06-02-1980
Fiscal year end31-12
Activities, NACEBEL 2025
46900Non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0420135209
Registered
20-11-2020
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.