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Multi-Sun

Active
Private limited companyfounded 199729 years activeMuntplein 1, 8000 Brugge, BelgiumKBO/BCE: BE 0460.067.535
Summary

Multi-Sun has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €219,125 and a net result of €268,242. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 39% of 22,078 sector peers (NACE 47, fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Retail sale of antiques
NACE 47791
1 site
Size
€1.1mtotal assets 2025
Equity
€219,125
Profit
€268,242
Turnover not published (abridged schema)
Financial health
88 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.3%
Structure
Board
1 member
Accounts 81 days early1 of 3 deeds read
Why 88- Liquidity: current ratio 3.48, cash €2,210- Sector Retail trade (NACE 47)+ Founded in 1997+ Size: total assets €1.1mShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 46+24
equity 20.7% of total assets
Liquidity 50=
short-term debt 5.0% · cash 0.2%
Profitability 100+77
return on assets 25.3%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,155 companies)
Last 24 months 11-2024: 4.2% 12-2024: 4.2%● unchanged vs 11-2024 01-2025: 4.2%● unchanged vs 12-2024 02-2025: 4.3%▲ +0.1 percentage points vs 01-2025 03-2025: 4.3%● unchanged vs 02-2025 04-2025: 4.4%▲ +0.1 percentage points vs 03-2025 05-2025: 4.7%▲ +0.3 percentage points vs 04-2025highest value 06-2025: 2.3%▼ -2.4 percentage points vs 05-2025 07-2025: 2.3%● unchanged vs 06-2025 08-2025: 2.3%● unchanged vs 07-2025 09-2025: 2.3%● unchanged vs 08-2025 10-2025: 2.3%● unchanged vs 09-2025 11-2025: 1.2%▼ -1.1 percentage points vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.3%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 0.3%▼ -1.0 percentage point vs 05-2026lowest value 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 3.48 against 1.43 in 2024; short-term debt: 5% and cash: 0.2% of total assets), but 79.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 36% on solvency, 54% on liquidity, 96% on profitability and 99% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 3.48, cash €2,210
NBB · annual accounts
lowers risk · Founded in 1997
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €1.1m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Retail trade (NACE 47)
KBO
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
81 days early
2024
69 days early
2023
56 days early
2022
79 days early
2021
75 days early
2020
84 days early
2019
75 days early
← 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 74 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 17 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Appointment: Danny Eecloo (director)Resignation: Eddy Dufossez (manager)
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Highest result since 2018net €268,242 ▲3,714%

Key points

  • Positive: Result rose in 2025from €7,033 to €268,242 ▲ 3,714% View
  • Positive: Among the best 5% on net resultsector median €5,036 · 22,057 companies €268,242 View
  • Caution: Board changedlatest change 02-10-2026 · 1 in office 1 joined · 1 left View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.1m
Profit
€268,242
Solvency
20.7%
Total assets▼ 41.9%
Net result
20182025
Go to Financials

Timeline

Events
19
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2025Liquidity doubles
  2. 31-12-2025Equity above €200,000
  3. 23-05-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of antiquesNACE 47791
Founded
21-02-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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