MULTI-MIX
ActiveMULTI-MIX has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26.63M and a net result of €2.90M. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-6
Solvency100=
Growth65=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 31.22 against 8.15 in 2024), and 2.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
97.7%
Return on assets
10.6%
Age of the figures
8 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
13 d early
2023
7 d early
2022
21 d early
2021
20 d early
2020
1 d early
2019
105 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€24.30M▲ 2.9%
2024 · €23.62M
2018: €20.66M
2019: €19.39M
2020: €20.00M
2021: €21.13M
2022: €26.19M
2023: €25.42M
2024: €23.62M
2018 → 2025
EBIT margin
10.5%▼ 3.7pp
2024 · 14.2%
2018: 15.2%
2019: 8.4%
2020: 12.2%
2021: 12.4%
2022: 12.9%
2023: 11.1%
2024: 14.2%
2018 → 2025
Net result
€2.90M▲ 1.7%
2024 · €2.85M
2018: €2.26M
2019: €1.22M
2020: €1.96M
2021: €2.20M
2022: €2.50M
2023: €2.59M
2024: €2.85M
2018 → 2025
Working capital
€18.71M▲ 12.6%
2024 · €16.62M
2018: €10.95M
2019: €8.26M
2020: €10.41M
2021: €11.92M
2022: €12.96M
2023: €15.54M
2024: €16.62M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€21.13M-€26.19M▲ 23.9%€25.42M▼ 2.9%€23.62M▼ 7.1%€24.30M▲ 2.9%
Equity€21.59M-€21.93M▲ 1.6%€23.77M▲ 8.4%€24.73M▲ 4.0%€26.63M▲ 7.7%
Operating result€2.63M-€3.37M▲ 28.1%€2.82M▼ 16.4%€3.36M▲ 19.4%€2.55M▼ 24.2%
Net result€2.20M-€2.50M▲ 13.7%€2.59M▲ 3.5%€2.85M▲ 10.1%€2.90M▲ 1.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27.25M
Fixed assets
€7.92M▼ 2.3%
Current assets
€19.33M▲ 2.0%
Equity and liabilities €27.25M
Equity
€26.63M▲ 7.7%
Debt
€627k▼ 73.0%
The debt ratio falls from 8.6% to 2.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€4.25M▼
2024 · €4.83M
Cash flow
€4.60M▲
2024 · €4.32M
Solvency
97.7%▲
2024 · 91.4%
Current ratio
31.22▲
2024 · 8.15
Quick ratio
30.90▲
2024 · 8.06
Debt / equity
0.02▼
2024 · 0.09
ROE
10.9%▼
2024 · 11.5%
ROA
10.6%▲
2024 · 10.5%
Interest coverage
66.39▼
2024 · 268.51
Debt
€627k▼
2024 · €2.33M
Debt ≤ 1 year
€619k▼
2024 · €2.33M
Income taxes
€1.00M▲
2024 · €945k
Staff costs
€3.04M▲
2024 · €2.69M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€27.05M€27.25M▲
Fixed assets21/28€8.11M€7.92M▼
Intangible fixed assets21€57k€57k▲
Tangible fixed assets22/27€8.05M€7.86M▼
Land and buildings22€2.87M€2.77M▼
Plant, machinery and equipment23€1.81M€1.83M▲
Furniture and vehicles24€3.28M€3.18M▼
Other tangible fixed assets26€89k€77k▼
Financial fixed assets28€4k€4k=
Other financial fixed assets284/8€4k€4k=
Amounts receivable and cash guarantees285/8€4k€4k=
Current assets29/58€18.95M€19.33M▲
Amounts receivable after more than one year29€1.98M€2.83M▲
Other amounts receivable291€1.98M€2.83M▲
Stocks and contracts in progress3€209k€198k▼
Stocks30/36€209k€198k▼
Raw materials and consumables30/31€205k€193k▼
Goods purchased for resale34€5k€5k=
Amounts receivable within one year40/41€6.76M€4.05M▼
Trade receivables40€3.95M€3.09M▼
Other amounts receivable41€2.81M€966k▼
Current investments50/53€8.74M€10.98M▲
Other investments51/53€8.74M€10.98M▲
Cash at bank and in hand54/58€1.11M€1.06M▼
Deferred charges and accrued income490/1€145k€208k▲
Equity and liabilities
Total equity and liabilities10/49€27.05M€27.25M▲
Equity10/15€24.73M€26.63M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€24.63M€26.53M▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Tax-exempt reserves132€2.99M€3.05M▲
Distributable reserves133€21.62M€23.46M▲
Amounts payable17/49€2.33M€627k▼
Amounts payable within one year42/48€2.33M€619k▼
Financial debts43-€1
Credit institutions430/8-€1
Trade debts44€1.08M€442k▼
Suppliers440/4€1.08M€442k▼
Taxes, remuneration and social security45€345k€177k▼
Taxes450/3€246k€98k▼
Remuneration and social security454/9€99k€79k▼
Other amounts payable47/48€900k€249▼
Accrued charges and deferred income492/3€725€8k▲
Income statement
Code20242025
Operating income70/76A€23.86M€24.59M▲
Turnover70€23.62M€24.30M▲
Other operating income74€123k€203k▲
Non-recurring operating income76A€115k€95k▼
Operating charges60/66A€20.49M€22.04M▲
Goods for resale, raw materials and consumables60€13.77M€14.76M▲
Purchases600/8€13.77M€14.74M▲
Change in stocks: decrease (increase)609€-4k€12k▲
Services and other goods61€2.40M€2.38M▼
Remuneration, social security and pensions62€2.69M€3.04M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.46M€1.70M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-420€5k▲
Other operating charges640/8€170k€161k▼
Operating profit (loss)9901€3.36M€2.55M▼
Financial income75/76B€449k€1.50M▲
Recurring financial income75€449k€1.50M▲
Income from current assets751€339k€1.36M▲
Other financial income752/9€110k€137k▲
Financial charges65/66B€17k€143k▲
Recurring financial charges65€17k€140k▲
Debt charges650€18k€64k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€-29k€7k▲
Other financial charges652/9€28k€69k▲
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€3.80M€3.90M▲
Income taxes67/77€945k€1.00M▲
Taxes670/3€945k€1.00M▲
Profit (loss) for the period9904€2.85M€2.90M▲
Transfer from tax-exempt reserves789€1.57M€784k▼
Transfer to tax-exempt reserves689€824k€842k▲
Profit (loss) for the period to be appropriated9905€3.60M€2.84M▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.60M€2.84M▼
Transfer from equity791/2€1.09M€1.00M▼
From reserves792€1.09M€1.00M▼
Transfer to equity691/2€3.69M€2.84M▼
To other reserves6921€3.69M€2.84M▼
Profit to be distributed694/7€1.00M€1.00M=
Return on contributions (dividend)694€1.00M€1.00M=
Social balance
Average headcount (FTE)908741.840.4▼
The notes to these accounts (75 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €2.90M ▲1.7%
Net result €2.90M, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 31.22
Current ratio from 8.15 to 31.22; short-term debt falls from €2.33M to €619k.
31-12
Financial
Equity above €25MEq €26.63M ▲7.7%
8 profitable years in a row build equity to €26.63M.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity triplescurrent ratio 14.96
Current ratio from 4.78 to 14.96; short-term debt falls from €3.43M to €1.11M.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 105 days late
2019
31-12
Financial
Weakest financial yearnet €1.22M ▼46%
Net result drops to €1.22M, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 2003
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.
Industrieweg 1049032 GentGround area
2.3 ha
Building footprint
389 m²
Volume, LiDAR
784 m³
Parcel 44074C0150/00S002, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Multi-Mix
since 20032.135.346.419
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074C0150/00S002 | Flanders | 2.3 ha | 1 · 389 m² | 5.3 m · 1 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 18,223 EUR awarded · 17,376 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,986 EUR | 3,367 EUR |
| 2024 | 1 | 1,902 EUR | 2,069 EUR |
| 2023 | 3 | 10,626 EUR | 11,610 EUR |
| 2022 | 1 | 1,709 EUR | 330 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies ecologisch en veilig transport (stopgezet)
Vlaams opleidingsverlof (VOV)
Similar companies · same sector, comparable size
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DECLERCQ STORTBETON
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HERCABO
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Of 176 companies in sector 23630 we hold annual accounts for 148. 43 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-01-2004
Fiscal year end31-12
Activities, NACEBEL
23630Manufacture of other non-metallic mineral products
23610Manufacture of other non-metallic mineral products
43120Site preparation
43230Insulation installation
43291Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
45112
45250
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
47529Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.