MULTI SERVICES BURO
ActiveMULTI SERVICES BURO has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-4k) and a net result of €8k. Equity is shrinking by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 3286 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+94
Solvency14▲+14
Growth72▲+17
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.9 against 0.55 in 2024; short-term debt: 110.8% and cash: 24% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
-10.8%
Return on assets
22.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 3286 sector peers (2025).
NBB · sector comparisonPosition among 3286 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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
40 d late
2024
30 d late
2023
66 d late
2022
21 d late
2021
121 d late
2020
138 d late
2019
11 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€168k▲ 63.7%
2024 · €103k
2020: €38k
2021: €14k
2022: €20k
2023: €62k
2024: €103k
2020 → 2025
EBIT margin
5.6%▲ 18.4pp
2024 · -12.8%
2020: 1.5%
2021: -119.4%
2022: -7.1%
2023: -48.3%
2024: -12.8%
2020 → 2025
Net result
€8k
2024 · €-11k
2018: €-425
2019: €443
2020: €-3k
2021: €-18k
2022: €2k
2023: €-30k
2024: €-11k
2018 → 2025
Working capital
€-4k▲ 67.5%
2024 · €-11k
2018: €47k
2019: €45k
2020: €46k
2021: €28k
2022: €31k
2023: €282
2024: €-11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€14k-€20k▲ 45.1%€62k▲ 213%€103k▲ 65.1%€168k▲ 63.7%
Equity€28k-€31k▲ 8.2%€282▼ 99.1%€-11k€-4k▲ 67.5%
Operating result€-16k-€-1k▲ 91.4%€-30k▼ 2,043%€-13k▲ 56.4%€9k
Net result€-18k-€2k€-30k€-11k▲ 62.1%€8k
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 returns to profit in 2025: €9k after a loss of €13k in 2024, the highest result in the available series.
Key figures and ratios
Solvency
-10.8%▲
2024 · -81.1%
Current ratio
0.90▲
2024 · 0.55
Quick ratio
0.90▲
2024 · 0.55
Debt / equity
-10.22▼
2024 · -2.23
ROA
22.6%▲
2024 · -83.2%
Debt
€37k▲
2024 · €25k
Debt ≤ 1 year
€37k▲
2024 · €25k
Income taxes
€755▲
2024 · €-2k
Staff costs
€155k▲
2024 · €111k
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€14k€33k▲
Current assets29/58€14k€33k▲
Amounts receivable within one year40/41€9k€25k▲
Trade receivables40€6k€24k▲
Other amounts receivable41€2k€602▼
Cash at bank and in hand54/58€5k€8k▲
Deferred charges and accrued income490/1-€632
Equity and liabilities
Total equity and liabilities10/49€14k€33k▲
Equity10/15€-11k€-4k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€9k€16k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€4k€12k▲
Profit (loss) carried forward14€-39k€-39k=
Amounts payable17/49€25k€37k▲
Amounts payable within one year42/48€25k€37k▲
Current portion of amounts payable after more than one year42€622€630▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€22k€32k▲
Taxes450/3€14k€25k▲
Remuneration and social security454/9€8k€7k▼
Other amounts payable47/48€406€406=
Income statement
Code20242025
Turnover70€103k€168k▲
Goods, raw materials, services and sundry goods60/61€3k€2k▼
Remuneration, social security and pensions62€111k€155k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€100k€166k▲
Operating profit (loss)9901€-13k€9k▲
Financial charges65/66B€369€1k▲
Recurring financial charges65€369€1k▲
Profit (loss) for the period before taxes9903€-13k€8k▲
Income taxes67/77€-2k€755▲
Profit (loss) for the period9904€-11k€8k▲
Profit (loss) for the period to be appropriated9905€-11k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-31k▲
Profit (loss) brought forward from the previous period14P€-27k€-39k▼
Transfer to equity691/2-€8k
To other reserves6921-€8k
The notes to these accounts (5 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
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 40 days late
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 66 days late
2023
31-12
Financial
Weakest financial yearnet €-30k ▼1413%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 121 days late
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 138 days late
2020
31-12
Financial
Liquidity quadruplescurrent ratio 18.25
Current ratio from 4.53 to 18.25; short-term debt falls from €13k to €3k.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Back to profitnet €443
Net result €443 after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Dour · 2 establishment units since 1979
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.
Rue Maréchal Foch 57370 DourGround area
931 m²
Building footprint
188 m²
Volume, LiDAR
2,189 m³
2 parcels, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Rue Maréchal Foch 5, 7370 Dour
since 19792.016.816.971
Rue Victor Delporte 97, 7370 Dour
since 20222.332.371.037
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53020D1449/00D000 | Wallonia | 549 m² | 1 · 133 m² | 9.7 m · 2 fl. |
| 53020D0755/00B002 | Wallonia | 383 m² | 1 · 55 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600IO83PRIGWV3117
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Of 2,267 companies in sector 69209 we hold annual accounts for 1,098. 41 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-11-1979
Fiscal year end31-12
Abbreviation FR
M.S.B.
Activities, NACEBEL
69202Legal and accounting activities
69209Other tax advisory services
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:065 46 50 54
Fax:065 46 50 55