Financials
- Fiscal year
- 2024
- Total assets
- €89,217
- Profit
- €11,816
- Solvency
- 87.4%
Total assets▲ 3.5%
Net result
20192024
Multi-P
ActiveSummary
The computed 12-month bankruptcy probability of Multi-P is 5.9% (elevated). The 2024 annual accounts show equity of €77,957 and a net result of €11,816. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 36400 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
€89,217total assets 2024
- Equity
- €77,957
- Profit
- €11,816
Turnover not published (abridged schema)
Structure
Accounts 67 d overdue0 of 2 deeds read
Why 39- 1 financial year not filed after the legal deadline; latest accounts 182 days late; 1 of the last 3 late- Figures for FY 2024 (filed 29-01-2026)- Size: total assets €89,217- Founded in 2019Show the evidence
Checked score
Score 2024
39
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 73% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
100=
equity 87.4% of total assets
Liquidity
67+1
short-term debt 12.6% · cash 15.0%
Profitability
85+10
return on assets 13.2%
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.8%
12-2024: 0.7%▼ -2.4% vs 11-2024
01-2025: 0.7%▼ -1.6% vs 12-2024
02-2025: 0.7%▲ +2.9% vs 01-2025
03-2025: 0.7%▼ -3.4% vs 02-2025lowest value
04-2025: 0.8%▲ +8.5% vs 03-2025
05-2025: 0.8%▲ +2.8% vs 04-2025
06-2025: 0.8%▼ -0.5% vs 05-2025
07-2025: 0.8%▲ +5.8% vs 06-2025
08-2025: 1.3%▲ +51.5% vs 07-2025
09-2025: 1.5%▲ +20.5% vs 08-2025
10-2025: 2.5%▲ +64.2% vs 09-2025
11-2025: 2.6%▲ +3.3% vs 10-2025
12-2025: 3.1%▲ +17.7% vs 11-2025
01-2026: 4.3%▲ +41.5% vs 12-2025
02-2026: 2.8%▼ -35.2% vs 01-2026
03-2026: 2.8%● 0.0% vs 02-2026
04-2026: 2.9%▲ +2.8% vs 03-2026
05-2026: 2.9%▲ +1.1% vs 04-2026
06-2026: 2.8%▼ -5.7% vs 05-2026
07-2026: 2.8%▲ +2.7% vs 06-2026
08-2026: 3.6%▲ +28.1% vs 07-2026
09-2026: 4.0%▲ +9.1% vs 08-2026
10-2026: 5.9%▲ +48.6% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 182 days late; 1 of the last 3 late raises the probability
- Figures for FY 2024 (filed 29-01-2026) raises the probability
- Size: total assets €89,217 raises the probability for this profile
- Founded in 2019 raises the probability for this profile
Credit up to €3,000 at 30 days only on tighter terms
Liquidity ample (current ratio 7.63 against 4.54 in 2023; short-term debt: 12.6% and cash: 15% of total assets), and 12.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 66%, profitability 69%, growth against the median 65%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-01-2026, 182 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
182 d late
2023
26 d late
2022
25 d late
2021
19 d late
2020
30 d late
2019
68 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 58 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Back to profitnet €5,085
Key points
By topic
Timeline
- Events
- 9
- Since
- 2020
- 29-01-2026Annual accounts filed
- 26-08-2024Annual accounts filed
- 31-12-2023Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 27-11-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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