MULTI-PROJECTS
ActiveSummary
The annual accounts of MULTI-PROJECTS for fiscal year 2025 show a net loss of 56% of total assets and of 92% of the equity at the start of that year. The 2025 annual accounts show equity of €5k and a net result of €-51k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 18% of 543 sector peers (fiscal year 2025). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-30
Solvency30▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.94 against 0.37 in 2024; short-term debt: 70.1% and cash: 19.2% of total assets), and 95% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 · 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 2025Solvency, return and age of the figures
Solvency
5%
Return on assets
-55.5%
Age of the figures
12 mo
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-51k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 543 sector peers (2025).
NBB · sector comparisonPosition among 543 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
6 d late
2023
20 d late
2022
3 d late
2021
3 d late
2020
1 d early
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 91.7%
2024 · €56k
2018: €38k
2019: €64k
2020: €65k
2021: €66k
2022: €67k
2023: €64k
2024: €56k
2018 → 2025
Total assets
€92k▼ 86.1%
2024 · €660k
2018: €472k
2019: €647k
2020: €663k
2021: €733k
2022: €890k
2023: €726k
2024: €660k
2018 → 2025
Net result
€-51k▼ 490%
2024 · €-9k
2018: €10k
2019: €26k
2020: €958
2021: €644
2022: €748
2023: €-2k
2024: €-9k
2018 → 2025
Working capital
€-4k▲ 97.8%
2024 · €-177k
2018: €-36k
2019: €-140k
2020: €-58k
2021: €-94k
2022: €-126k
2023: €-167k
2024: €-177k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€67k▲ 1.1%€64k▼ 3.5%€56k▼ 13.5%€5k▼ 91.7%
Operating result€11k-€16k▲ 46.6%€13k▼ 16.2%€11k▼ 16.3%€-27k
Net result€644-€748▲ 16.1%€-2k€-9k▼ 270%€-51k▼ 490%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €27k after €11k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€31k ▼ 94.3%
Current assets
€60k ▼ 42.1%
Equity and liabilities €92k
Equity
€5k ▼ 91.7%
Debt
€87k ▼ 85.6%
Debt's share of the balance-sheet total rises from 91.6% to 95.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-8k▼
2024 · €31k
Cash flow
€-32k▼
2024 · €11k
Current ratio
0.94▲
2024 · 0.37
Quick ratio
0.84▲
2024 · 0.22
Debt to equity
18.87▲
2024 · 10.87
ROA
-55.5%▼
2024 · -1.3%
Interest coverage
-0.34▼
2024 · 1.58
Debt ≤ 1 year
€64k▼
2024 · €282k
Debt > 1 year
€23k▼
2024 · €322k
A ratio outside any meaningful range has been withheld (balance sheet total €92k, equity €5k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€660k€92k▼
Fixed assets21/28€555k€31k▼
Tangible fixed assets22/27€555k€31k▼
Land and buildings22€505k-
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€9k€6k▼
Leasing and similar rights25€37k€23k▼
Other tangible fixed assets26€845€1k▲
Financial fixed assets28€458€93▼
Current assets29/58€104k€60k▼
Stocks and contracts in progress3€43k€6k▼
Stocks30/36€30k€6k▼
Contracts in progress37€14k-
Amounts receivable within one year40/41€47k€36k▼
Trade receivables40€47k€34k▼
Other amounts receivable41€650€3k▲
Cash at bank and in hand54/58€13k€18k▲
Deferred charges and accrued income490/1€1k€395▼
Equity and liabilities
Total equity and liabilities10/49€660k€92k▼
Equity10/15€56k€5k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€5k€5k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€787€787=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€32k€-19k▼
Amounts payable17/49€604k€87k▼
Amounts payable after more than one year17€322k€23k▼
Financial debts170/4€322k€23k▼
Amounts payable within one year42/48€282k€64k▼
Current portion of amounts payable after more than one year42€45k€14k▼
Financial debts43€150k-
Credit institutions430/8€150k-
Trade debts44€52k€23k▼
Suppliers440/4€52k€23k▼
Taxes, remuneration and social security45€6k-
Taxes450/3€6k-
Other amounts payable47/48€29k€28k▼
Income statement
Code20242025
Non-recurring operating income76A€23k-
Goods, raw materials, services and sundry goods60/61-€192k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k▼
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A-€26k
Gross operating margin9900€35k€21k▼
Operating profit (loss)9901€11k€-27k▼
Financial income75/76B€1€429▲
Recurring financial income75€1€429▲
Financial charges65/66B€20k€24k▲
Recurring financial charges65€20k€24k▲
Profit (loss) for the period before taxes9903€-9k€-51k▼
Income taxes67/77€106-
Profit (loss) for the period9904€-9k€-51k▼
Profit (loss) for the period to be appropriated9905€-9k€-51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€-19k▼
Profit (loss) brought forward from the previous period14P€41k€32k▼
The notes to these accounts (10 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series.
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
2024
20-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2022
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
30-09
Financial
Highest result since 2018net €26k ▲152%
Operating result €53k, net result €26k, both a record.
2018
11-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-11
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.
Directors · office · real estate
Directors
4 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, Zonhoven · 1 establishment unit since 1990
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.
Ossendriesstraat 183520 ZonhovenGround area
938 m²
Building footprint
128 m²
Volume, LiDAR
922 m³
Parcel 71442C0397/00H000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Multi-Projects
since 19902.050.445.188
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71442C0397/00H000 | Flanders | 938 m² | 1 · 128 m² | 9.7 m · 2 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 · 1 entry · 368 EUR awarded · 368 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 368 EUR | 368 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
K-nopy
BE 0550.839.343
Villers-la-Ville · Eq €4,464
KARENO
BE 0880.321.322
Geel · Eq €4,413
CHARPENTOIT
BE 0794.623.802
Gembloux · Eq €4,279
Devillé Arcade
BE 0645.983.574
Antwerpen · Eq €4,139
Omnipluss
BE 1003.617.527
Ledegem · Eq €3,954
Of 1,599 companies in sector 16230 we hold annual accounts for 783. 210 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-1990
Fiscal year end30-09
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
43320Joinery installation
46494Wholesale of non-electrical household articles
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.