MULTI - IMMO
ActiveSummary
MULTI - IMMO has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €801,408 and a net result of €39,957. Equity is growing by about 9.3% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €801,408
- Profit
- €39,957
Why 95lowers riskSize: total assets €805,554Equity €801,408 (99.5% of total assets)Liquidity: current ratio 142.29, cash €130,396Founded in 1992Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 81% on solvency, 66% on liquidity, 36% on profitability and 61% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 7 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · micro…
- Liquidity more than quadruplescurrent ratio 445.95
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 20% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,474 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 14,766 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €10,736 | €10,989 | €12,047 | €12,523 | €12,916 | ▲ 3.1% |
| Non-recurring operating charges66A | - | - | - | - | - | €6,285 | - | - | - |
| Gross operating margin9900 | €101,387 | €103,928 | €107,001 | €127,055 | €147,317 | €53,643 | €55,754 | €64,642 | ▲ 15.9% |
| Operating profit (loss)9901 | €91,589 | €93,935 | €96,343 | €116,319 | €136,328 | €35,311 | €43,232 | €51,726 | ▲ 19.6% |
| Financial income75/76B | - | - | - | €1,250 | €1,250 | €2,280 | €5,613 | €7,202 | ▲ 28.3% |
| Recurring financial income75 | - | €1,250 | €1,250 | €1,250 | €1,250 | €2,280 | €5,613 | €7,202 | ▲ 28.3% |
| Financial charges65/66B | - | - | - | €201 | €224 | €230 | €237 | €325 | ▲ 36.9% |
| Recurring financial charges65 | €258 | €37 | €183 | €201 | €224 | €230 | €237 | €325 | ▲ 36.9% |
| Profit (loss) for the period before taxes9903 | €91,331 | €95,148 | €97,410 | €117,368 | €137,354 | €37,361 | €48,607 | €58,603 | ▲ 20.6% |
| Income taxes67/77 | €27,452 | €28,145 | €24,353 | €39,145 | €43,702 | €12,169 | €15,466 | €18,646 | ▲ 20.6% |
| Profit (loss) for the period9904 | €63,878 | €67,003 | €73,058 | €78,223 | €93,652 | €25,193 | €33,141 | €39,957 | ▲ 20.6% |
| Profit (loss) for the period to be appropriated9905 | €63,878 | €67,003 | €73,058 | €78,223 | €93,652 | €25,193 | €33,141 | €39,957 | ▲ 20.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €394,239 | €458,185 | €560,072 | €678,624 | €746,812 | €733,012 | €762,678 | €805,554 | ▲ 5.6% |
| Fixed assets21/28 | €215,636 | €215,636 | €215,636 | €215,636 | €215,636 | €215,636 | €215,636 | €215,636 | = |
| Tangible fixed assets22/27 | €90,636 | €90,636 | €90,636 | €90,636 | €90,636 | €90,636 | €90,636 | €90,636 | = |
| Land and buildings22 | - | - | - | €90,636 | €90,636 | €90,636 | €90,636 | €90,636 | = |
| Financial fixed assets28 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Current assets29/58 | €178,603 | €242,548 | €344,436 | €462,988 | €531,176 | €517,376 | €547,042 | €589,917 | ▲ 7.8% |
| Amounts receivable within one year40/41 | - | €1,855 | €2,503 | €1,163 | €515 | €18,656 | €18,656 | €515 | ▼ 97.2% |
| Other amounts receivable41 | - | - | - | €1,163 | €515 | €18,656 | €18,656 | €515 | ▼ 97.2% |
| Current investments50/53 | - | - | - | - | - | - | €400,000 | €450,000 | ▲ 12.5% |
| Cash at bank and in hand54/58 | €178,420 | €239,251 | €339,236 | €457,872 | €525,443 | €492,228 | €120,638 | €130,396 | ▲ 8.1% |
| Deferred charges and accrued income490/1 | - | - | - | €3,953 | €5,217 | €6,492 | €7,748 | €9,006 | ▲ 16.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €394,239 | €458,185 | €560,072 | €678,624 | €746,812 | €733,012 | €762,678 | €805,554 | ▲ 5.6% |
| Equity10/15 | €391,181 | €458,185 | €531,242 | €609,465 | €703,118 | €728,310 | €761,451 | €801,408 | ▲ 5.2% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €125,725 | €125,725 | €125,725 | €203,948 | €297,601 | €322,793 | €355,934 | €395,891 | ▲ 11.2% |
| Non-distributable reserves130/1 | - | - | - | €37,700 | €37,700 | €37,700 | €37,700 | €37,700 | = |
| Legal reserve130 | - | - | - | €37,700 | €37,700 | €37,700 | €37,700 | €37,700 | = |
| Distributable reserves133 | - | - | - | €166,248 | €259,901 | €285,093 | €318,234 | €358,191 | ▲ 12.6% |
| Profit (loss) carried forward14 | €203,456 | €270,459 | €343,517 | €343,517 | €343,517 | €343,517 | €343,517 | €343,517 | = |
| Amounts payable17/49 | €3,057 | - | €28,830 | €69,159 | €43,694 | €4,702 | €1,227 | €4,146 | ▲ 238% |
| Amounts payable within one year42/48 | €3,057 | - | - | €40,145 | €43,694 | €4,702 | €1,227 | €4,146 | ▲ 238% |
| Trade debts44 | €605 | - | - | €1,000 | €848 | €1,000 | €500 | €1,500 | ▲ 200% |
| Suppliers440/4 | - | - | - | €1,000 | €848 | €1,000 | €500 | €1,500 | ▲ 200% |
| Taxes, remuneration and social security45 | - | - | - | €39,145 | €42,847 | €3,702 | €727 | €2,646 | ▲ 264% |
| Taxes450/3 | - | - | - | €39,145 | €42,847 | €3,702 | €727 | €2,646 | ▲ 264% |
| Accrued charges and deferred income492/3 | - | - | - | €29,014 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63,878 | €67,003 | €73,058 | €78,223 | €93,652 | €25,193 | €33,141 | €39,957 | ▲ 20.6% |
| Operating cash flow (approximation) | €63,878 | €67,003 | €73,058 | €78,223 | €93,652 | €25,193 | €33,141 | €39,957 | ▲ 20.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €60,831 | €99,985 | €118,636 | €67,572 | -€33,216 | -€371,590 | €9,758 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-07-2026 | 2026-00330763 |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00169716 |
| 31-12-2023 | micro format | 03-07-2024 | 2024-00201742 |
| 31-12-2022 | micro format | 21-06-2023 | 2023-00147646 |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20114708 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-63300334 |
| 31-12-2019 | micro format | 09-10-2020 | 2020-61600192 |
| 31-12-2018 | micro format | 28-06-2019 | 2019-28000456 |
| 31-12-2017 | micro format | 19-07-2018 | 2018-34800118 |
| 31-12-2016 | micro format | 07-07-2017 | 2017-29800430 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 29-02-2024 Capital stated in the deed · €62,000 · 1,878 shares
Group and network
Connections & network
No directors read yet: 1 of 7 Gazette acts processed.
History
Acts, filings and financial milestones
29-02
Gazette deed
Amendment of the articles · Resignations & appointmentsCapital · Registered office clause5 facts ▸
- General meeting, 28-12-2023
- Other provision, “toepasselijkheid wetboek van vennootschappen en verenigingen, artikel 39 §1, eerste lid wet van 2019-03-23” (deed in Dutch)
- Amendment of the articles
- Capital, €62,000
- Registered office clause, “besluit raad van bestuur, kennisgenomen door algemene vergadering, 1800 Vilvoorde, Leuven-sesteenweg 262” (deed in Dutch)
Show earlier events
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23644H0041/00F002 | Flanders | 834 m² | 1 · 638 m² | 14.8 m · 4 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MULTI-IMMO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse gewest, bestuursorgaan bevoegd zetel binnen België te verplaatsen voor zover geen wijziging taal statuten volgens taalwetgeving” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “3, alle handelingen nodig of dienstig tot verwezenlijking voorwerp behoudens wettelijke bevoegdheid algemene vergadering” (deed in Dutch)“Te allen tijde en zonder opgave van redenen met onmiddellijke ingang door algemene vergadering, onbeperkt hernieuwbaar” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of May at 15:00