Multi-Industries
ActiveThe computed 12-month bankruptcy probability of Multi-Industries is 3.0% (moderate). For Multi-Industries, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €6k and a net result of €-3k. Equity is shrinking by ~30.3% per year across the filed fiscal years. Its solvency ranks better than 80% of 672 sector peers (fiscal year 2023). The company has been active since 1995 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency98▼-2
Growth58=
Track record92
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
72.9%
Return on assets
-37.1%
Age of the figures
42 mo
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 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-03-2024 close31-10-2024 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 03-11-2023, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
3 d late
2022
2 d late
2021
15 d late
2020
25 d late
2019
14 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
Financials · fiscal year 2023, micro schema
Equity
€6k▼ 33.8%
2022 · €9k
2019: €19k
2020: €23k
2021: €13k
2022: €9k
2019 → 2023
Total assets
€8k▼ 23.8%
2022 · €11k
2019: €31k
2020: €27k
2021: €17k
2022: €11k
2019 → 2023
Net result
€-3k▲ 17.7%
2022 · €-4k
2019: €-7k
2020: €4k
2021: €-10k
2022: €-4k
2019 → 2023
Working capital
€6k▼ 33.8%
2022 · €9k
2019: €5k
2020: €14k
2021: €7k
2022: €9k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€19k-€23k▲ 20.0%€13k▼ 44.1%€9k▼ 29.1%€6k▼ 33.8%
Operating result€-9k-€4k€-7k€-3k▲ 50.4%€-2k▲ 26.2%
Net result€-7k-€4k€-10k€-4k▲ 63.2%€-3k▲ 17.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2023 against €3k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €8k
Equity
€6k▼ 33.8%
Debt
€2k▲ 27.8%
The debt ratio rises from 16.2% to 27.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
72.9%▼
2022 · 83.8%
Current ratio
3.68▼
2022 · 6.18
Quick ratio
3.68▼
2022 · 6.18
Debt / equity
0.37▲
2022 · 0.19
ROE
-51.0%▼
2022 · -41.0%
ROA
-37.1%▼
2022 · -34.4%
Debt
€2k▲
2022 · €2k
Debt ≤ 1 year
€2k▲
2022 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€11k€8k▼
Current assets29/58€11k€8k▼
Amounts receivable within one year40/41€907-
Other amounts receivable41€907-
Cash at bank and in hand54/58€10k€8k▼
Equity and liabilities
Total equity and liabilities10/49€11k€8k▼
Equity10/15€9k€6k▼
Contributions10/11€7k€7k=
Reserves13€39k€39k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€38k€38k=
Profit (loss) carried forward14€-38k€-41k▼
Amounts payable17/49€2k€2k▲
Amounts payable within one year42/48€2k€2k▲
Trade debts44-€800
Suppliers440/4-€800
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k€1k▼
Other amounts payable47/48€515€199▼
Income statement
Code20222023
Non-recurring operating income76A€6k-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k-
Other operating charges640/8€508€450▼
Gross operating margin9900€676€-2k▼
Operating profit (loss)9901€-3k€-2k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€420€623▲
Recurring financial charges65€420€623▲
Profit (loss) for the period before taxes9903€-4k€-3k▲
Profit (loss) for the period9904€-4k€-3k▲
Profit (loss) for the period to be appropriated9905€-4k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-41k▼
Profit (loss) brought forward from the previous period14P€-34k€-38k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-04
KBO administration
UBO non-compliance
event 31-03-2025
2023
03-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
31-03
Financial
Liquidity doublescurrent ratio 6.18
Current ratio from 2.59 to 6.18; short-term debt falls from €5k to €2k.
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
31-03
Financial
Weakest financial yearnet €-10k ▼365%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
31-03
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-03
Financial
Liquidity triplescurrent ratio 4.54
Current ratio from 1.42 to 4.54; short-term debt falls from €12k to €4k.
2019
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
15-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Willebroek · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Torenstraat 32830 WillebroekGround area
3,995 m²
Building footprint
587 m²
Volume, LiDAR
177 m³
Parcel 12040A1059/00A000, Flanders · tallest building 12.3 m. Linked by address, not a title deed.
1 establishment unit
Multi - Industries
since 19952.074.113.782
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12040A1059/00A000 | Flanders | 3,995 m² | 1 · 587 m² | 12.3 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DESAGHER BRUNO
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Schrijnwerkerij Bernard
BE 0870.473.248
Ronse · Eq €6k
WOODSS
BE 1019.327.963
Hechtel-Eksel · Eq €6k
Interieurwerken Kevin
BE 1013.804.111
Asse · Eq €6k
Framo
BE 0540.683.146
Zonhoven · Eq €5k
Of 1,599 companies in sector 16230 we hold annual accounts for 783. 245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-11-1995
Fiscal year end31-03
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
20300
46832Wholesale of timber
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.