MULTI SERVICES SOLUTION

Open bankruptcy

Private limited company (pre-2019)founded 2012Maurice Van Rolleghemstraat 58, 1090 Jette, BelgiumKBO/BCE: BE 0847.372.204

A bankruptcy procedure is open for MULTI SERVICES SOLUTION according to publications in the Belgian Official Gazette; trustee: Gautier Pirard.

Summary

The 2025 annual accounts show equity of €4,480 and a net result of -€64,607.

Follow Report

MULTI SERVICES SOLUTIONOpen bankruptcy

Report

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court: French-language Enterprise Court of Brussels
Declared bankrupt: 12 August 2026
Supervising judge: Nady Bilani
Official Gazette: 19-08-2026 (pdf) ↗search the document for 2026/134976

Deadlines

Appeal or third-party opposition until: passed on 3 September 2026Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until: passed on 11 September 2026art. XX.104 and XX.155, Code of Economic Law
First verification report: passed on 23 September 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until: 12 August 2027A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

Gautier PirardAvenue Franklin Roose- Velt 51, 1050 Ixellesg.pirard@avocat.be

What to do now

Stop delivering on credit unless the trustee agrees.
Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.

File a claim in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Activity

Personal service activities

NACE 96910

1 site

Size

€1.2mturnover 2025

Staff: 40.1 FTE
Equity: €4,480
Loss: -€64,607

Financial health

Open bankruptcy: no score

Structure

4 deeds in the Belgian Official Gazette

Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two signals.

raises riskneutral

Open bankruptcy

Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.

Belgian Official Gazette

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-07-2026, 27 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

27 days early

2024

41 days late

2023

43 days late

2022

32 days late

2021

13 days early

2020

45 days late

2019

24 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

19-08-2026 OpeningFrench-language Enterprise Court of Brussels…
04-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-12-2025 Weakest financial yearnet -€64,607

Financials · financial year 2025, abbreviated format

Turnover

€1.2m▼ 16.3%

2024 · €1.4m

EBIT margin

-5.2%▼ 6.7pp

2024 · 1.5%

Net result

-€64,607

2024 · €10,032

Working capital

€5,317▼ 92.4%

2024 · €70,307

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €83,859

19.5%

80.5%

Fixed assets €16,336 ▼ 35.1%

Current assets €67,523 ▼ 51.8%

Equity and liabilities €83,859

94.7%

Equity €4,480 ▼ 93.5%

Debt €79,379 ▼ 17.5%

Debt's share of the balance-sheet total rises from 58.2% to 94.7%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

-€54,383▼

2024 · €29,051

Cash flow

-€58,479▼

2024 · €17,778

Debt to equity

17.72▲

2024 · 1.39

Interest coverage

-19.15▼

2024 · 3.61

Debt ≤ 1 year

€62,206▼

2024 · €69,835

Debt > 1 year

€17,173▼

2024 · €26,383

Income taxes

€1,258▼

2024 · €3,223

Staff costs

€1.0m▼

2024 · €1.2m

A ratio outside any meaningful range has been withheld (balance sheet total €83,859, equity €4,480).

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines

Balance sheet Code20242025

Assets

Total assets20/58€0.2m€0.08m▼

Fixed assets21/28€0.03m€0.02m▼

Tangible fixed assets22/27€0.02m€0.01m▼

Furniture and vehicles24€0.02m€0.01m▼

Financial fixed assets28€0.008m€0.005m▼

Current assets29/58€0.1m€0.07m▼

Amounts receivable within one year40/41€0.1m€0.07m▼

Trade receivables40€0.1m€0.07m▼

Other amounts receivable41€0.01m€0.001m▼

Deferred charges and accrued income490/1€0.01m-

Equity and liabilities

Total equity and liabilities10/49€0.2m€0.08m▼

Equity10/15€0.07m€0.004m▼

Contributions10/11€0.02m€0.02m=

Capital10€0.02m€0.02m=

Issued capital100€0.02m€0.02m=

Reserves13€0.002m€0.002m=

Non-distributable reserves130/1€0.002m€0.002m=

Reserves not available under the articles1311€0.002m€0.002m=

Profit (loss) carried forward14€0.05m-€0.02m▼

Amounts payable17/49€0.1m€0.08m▼

Amounts payable after more than one year17€0.03m€0.02m▼

Financial debts170/4€0.03m€0.02m▼

Amounts payable within one year42/48€0.07m€0.06m▼

Current portion of amounts payable after more than one year42€0.03m-

Financial debts43€0.04m€0.03m▼

Credit institutions430/8€0.04m€0.03m▼

Trade debts44€0.005m€0.002m▼

Suppliers440/4€0.005m€0.002m▼

Taxes, remuneration and social security45€416€0.03m▲

Remuneration and social security454/9€416€0.03m▲

Income statement Code20242025

Turnover70€1.4m€1.2m▼

Goods, raw materials, services and sundry goods60/61€0.2m€0.2m▼

Remuneration, social security and pensions62€1.2m€1.0m▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.008m€0.006m▼

Other operating charges640/8€0.02m€0.02m▼

Gross operating margin9900€1.2m€1.0m▼

Operating profit (loss)9901€0.02m-€0.06m▼

Financial charges65/66B€0.008m€0.003m▼

Recurring financial charges65€0.008m€0.003m▼

Profit (loss) for the period before taxes9903€0.01m-€0.06m▼

Income taxes67/77€0.003m€0.001m▼

Profit (loss) for the period9904€0.01m-€0.06m▼

Profit (loss) for the period to be appropriated9905€0.01m-€0.06m▼

Appropriation of the result

Profit (loss) to be appropriated9906€0.05m-€0.02m▼

Profit (loss) brought forward from the previous period14P€0.04m€0.05m▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Turnover70	€1.0m	€1.1m	€0.9m	€1.1m	€1.2m	€1.3m	€1.4m	€1.2m	▼ 16.3%
Goods, raw materials, services and sundry goods60/61	-	-	-	€0.1m	€0.2m	€0.2m	€0.2m	€0.2m	▼ 0.9%
Remuneration, social security and pensions62	-	-	-	€0.9m	€1.0m	€1.1m	€1.2m	€1.0m	▼ 11.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€0.01m	€0.01m	€0.01m	€0.007m	€0.001m	€0.004m	€0.008m	€0.006m	▼ 20.9%
Other operating charges640/8	-	-	-	€0.003m	€0.004m	€0.004m	€0.02m	€0.02m	▼ 8.5%
Gross operating margin9900	€0.8m	€1.0m	€0.8m	€1.0m	€1.1m	€1.1m	€1.2m	€1.0m	▼ 18.3%
Operating profit (loss)9901	€0.02m	-€0.01m	-€481	€0.009m	€0.008m	€0.01m	€0.02m	-€0.06m	-
Financial charges65/66B	-	-	-	€0.002m	€0.002m	€0.004m	€0.008m	€0.003m	▼ 64.7%
Recurring financial charges65	€0.001m	€0.002m	€0.002m	€0.002m	€0.002m	€0.004m	€0.008m	€0.003m	▼ 64.7%
Profit (loss) for the period before taxes9903	€0.02m	-€0.01m	-€0.002m	€0.007m	€0.007m	€0.009m	€0.01m	-€0.06m	-
Income taxes67/77	€0.01m	-	-€0.005m	€0.001m	-	€0.003m	€0.003m	€0.001m	▼ 61.0%
Profit (loss) for the period9904	€0.003m	-€0.01m	€0.003m	€0.006m	€0.007m	€0.006m	€0.01m	-€0.06m	-
Profit (loss) for the period to be appropriated9905	€0.003m	-€0.01m	€0.003m	€0.006m	€0.007m	€0.006m	€0.01m	-€0.06m	-

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€109,465	€96,971	€99,794	€78,511	€111,815	€147,681	€165,305	€83,859	▼ 49.3%
Formation expenses20	€1,122	€210	-	-	-	-	-	-	-
Fixed assets21/28	€31,837	€21,839	€9,240	€10,708	€9,982	€32,909	€25,163	€16,336	▼ 35.1%
Tangible fixed assets22/27	€28,037	€18,039	€8,040	€3,008	€2,282	€25,209	€17,463	€11,336	▼ 35.1%
Furniture and vehicles24	-	-	-	€1,313	€1,313	€24,966	€17,463	€11,336	▼ 35.1%
Other tangible fixed assets26	-	-	-	€1,695	€969	€243	-	-	-
Financial fixed assets28	€3,800	€3,800	€1,200	€7,700	€7,700	€7,700	€7,700	€5,000	▼ 35.1%
Current assets29/58	€76,506	€74,922	€90,554	€67,803	€101,833	€114,772	€140,142	€67,523	▼ 51.8%
Amounts receivable within one year40/41	€45,401	€70,101	€67,157	€52,188	€94,853	€100,748	€126,118	€67,523	▼ 46.5%
Trade receivables40	-	-	-	€44,973	€87,638	€94,275	€115,013	€66,816	▼ 41.9%
Other amounts receivable41	-	-	-	€7,215	€7,215	€6,472	€11,104	€707	▼ 93.6%
Cash at bank and in hand54/58	€28,459	€360	€21,682	€14,244	€5,097	-	-	-	-
Deferred charges and accrued income490/1	-	-	-	€1,371	€1,883	€14,024	€14,024	-	-
Equity and liabilities
Total equity and liabilities10/49	€109,465	€96,971	€99,794	€78,511	€111,815	€147,681	€165,305	€83,859	▼ 49.3%
Equity10/15	€51,363	€37,430	€40,134	€45,899	€52,625	€59,055	€69,087	€4,480	▼ 93.5%
Contributions10/11	€18,600	€18,600	€18,600	€18,600	€18,600	€18,600	€18,600	€18,600	=
Capital10	-	-	-	€18,600	€18,600	-	€18,600	€18,600	=
Issued capital100	-	-	-	€18,600	€18,600	-	€18,600	€18,600	=
Reserves13	€1,860	€1,860	€1,860	€1,860	€1,860	€1,860	€1,860	€1,860	=
Non-distributable reserves130/1	-	-	-	€1,860	€1,860	€1,860	€1,860	€1,860	=
Legal reserve130	-	-	-	€1,860	€1,860	-	-	-	-
Reserves not available under the articles1311	-	-	-	-	-	€1,860	€1,860	€1,860	=
Profit (loss) carried forward14	€30,903	€16,970	€19,674	€25,439	€32,165	€38,595	€48,627	-€15,980	-
Amounts payable17/49	€58,102	€59,540	€59,660	€32,613	€59,190	€88,626	€96,218	€79,379	▼ 17.5%
Amounts payable after more than one year17	€34,509	€14,740	€1,970	-	€23,449	€26,383	€26,383	€17,173	▼ 34.9%
Financial debts170/4	-	-	-	-	€23,449	€26,383	€26,383	€17,173	▼ 34.9%
Amounts payable within one year42/48	€23,593	€44,801	€57,691	€32,613	€35,741	€62,243	€69,835	€62,206	▼ 10.9%
Current portion of amounts payable after more than one year42	-	-	-	€28,079	€17,458	€31,110	€27,079	-	-
Financial debts43	-	-	-	-	€13,046	€25,127	€36,920	€29,635	▼ 19.7%
Credit institutions430/8	-	-	-	-	€13,046	€25,127	€36,920	€29,635	▼ 19.7%
Trade debts44	€6,664	€1,550	€2,069	€4,534	€5,216	€5,497	€5,420	€1,557	▼ 71.3%
Suppliers440/4	-	-	-	€4,534	€5,216	€5,497	€5,420	€1,557	▼ 71.3%
Taxes, remuneration and social security45	-	-	-	-	€21	€508	€416	€31,014	▲ 75×
Remuneration and social security454/9	-	-	-	-	€21	€508	€416	€31,014	▲ 75×

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€2,769	-€13,933	€2,704	€5,765	€6,726	€6,430	€10,032	-€64,607	-
+ Depreciation and write-downs630	€11,177	€11,009	€10,409	€7,210	€726	€4,159	€7,746	€6,127	▼ 20.9%
Operating cash flow (approximation)	€13,947	-€2,924	€13,113	€12,975	€7,452	€10,589	€17,778	-€58,479	-
Investment in fixed assets (approximation)	-	-€1,011	€2,189	-€8,678	€0	-€27,086	€0	€2,700	-
Change in cash	-	-€28,099	€21,322	-€7,438	-€9,147	-	-	-	-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 13 filings with the National Bank

Financial year	Type	Filed	Reference
31-12-2025	abbreviated format	04-07-2026	2026-00252277
31-12-2024	full format	10-09-2025	2025-00488837
31-12-2023	micro format	12-09-2024	2024-00463482
31-12-2022	full format	01-09-2023	2023-00420686
31-12-2021	full format	18-07-2022	2022-20201377
31-12-2020	micro format	14-09-2021	2021-67100518
31-12-2019	micro format	24-08-2020	2020-44200011
31-12-2018	micro format	25-07-2019	2019-37900023
31-12-2017	micro format	10-07-2018	2018-31400216
31-12-2016	micro format	02-06-2017	2017-14500460

Show all 13 filings

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Of the 781 active companies whose main activity is personal service activities (NACE 96910), figures are known for 606. 192 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 9 entries · €806,873 awarded · €806,295 paid

Year	Entries	Awarded	Paid
2025	3	€195,703	€196,280
2024	2	€242,490	€242,457
2023	2	€197,396	€196,818
2022	2	€171,284	€170,740

Schemes

Dienstencheques

4 entries · €805,062 · €805,062 paid · Departement Werk en Sociale Economie

Opleidingsfonds dienstencheques

5 entries · €1,811 · €1,233 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

No directors read yet: 0 of 4 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate

Role	Name	Tenure
Trustee	Gautier Pirard Avenue Franklin Roose- Velt 51, 1050 Ixelles ↔ Also on 208 other cases	12-08-2026 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

MULTI SERVICES SOLUTION was incorporated on 13 July 2012.¹ Turnover grew from €989,278 in 2018 to €1.2m in 2025 and headcount from 28.9 to 40.1 full-time equivalents.² On 12 August 2026 the company was declared bankrupt.³

Acts, filings and financial milestones

All 14Signals 1Financial 3Filings 10

2026

19-08

Bankruptcy Opening

French-language Enterprise Court of Brussels · judgment of 12-08-2026

04-07

NBB filing Annual accounts filed

financial year 2025 · abbreviated format

2025

31-12

Financial Weakest financial yearnet -€64,607

Net result drops to -€64,607, the lowest in the series.

10-09

NBB filing Annual accounts filed

financial year 2024 · full format · 41 days late

2024

31-12

Financial Highest result from 2018 to 2025net €10,032 ▲56%

Operating result €21,305, net result €10,032, both a record.

12-09

NBB filing Annual accounts filed

financial year 2023 · micro format · 43 days late

2023

01-09

NBB filing Annual accounts filed

financial year 2022 · full format · 32 days late

2022

18-07

NBB filing Annual accounts filed

financial year 2021 · full format

2021

14-09

NBB filing Annual accounts filed

financial year 2020 · micro format · 45 days late

2020

31-12

Financial Back to profitnet €2,704

Net result €2,704 after one loss-making year.

24-08

NBB filing Annual accounts filed

financial year 2019 · micro format · 24 days late

2019

25-07

NBB filing Annual accounts filed

financial year 2018 · micro format

2018

10-07

NBB filing Annual accounts filed

financial year 2017 · micro format

2017

02-06

NBB filing Annual accounts filed

financial year 2016 · micro format

SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.

0 of 4 deeds read

About the unread acts

We know of 4 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification

Legal formPrivate limited company (pre-2019)

Founded13-07-2012

Financial year end31-12

Activities, NACEBEL 2025

96910Personal service activities

E-invoicing

Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Recognised service-voucher company

1 live approval · 404 municipalities

Service area

Brussel, Schaarbeek, Etterbeek, Elsene, Sint-Gillis, Anderlecht, Sint-Jans-Molenbeek, Koekelberg, Sint-Agatha-Berchem, Ganshoren, Jette, Evere ...

Recognised service-voucher company

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint

Registered office, Jette · 1 establishment unit since 2021

registered office establishment The establishment unit on the map

Ground area

190 m²

Building footprint

107 m²

Building volume

951 m³

Parcel 21010B0049/00H002, Brussels · tallest building 10.8 m. Linked by address, not a title deed.

4 companies at this address See who is registered here

1 establishment unit

MULTI SERVICES SOLUTION

Maurice Van Rolleghemstraat 58, 1090 JetteEmployment placement agencies

since 2021unit no. 2.317.056.321

1 parcel

Brussels 1 (100%)

Cadastral parcel	Region	Area	Buildings	Height / floors
21010B0049/00H002	Brussels	190 m²	1 · 107 m²	10.8 m · 3

How the parcels are linked

Good to know

The parcel matches the address exactly.