Turnover
≈ €620,000 estimated
The abbreviated format states no turnover.
MULTI TECHNICAL INSTALLATIONS
Overview
Lifetime
1 annual account with figurespeak €216,209 (2025)
€216,209
peak €33,858 (2025)
€33,858
peak €123,858 (2025)
€123,858
€450,572
peak 5 FTE (2025)
5 FTE
Board3 names since 2024
3 directorsALPP and 2 others
Documentsfilings and deeds
12-12-202550 days before the deadline
2025abbreviated format
First year with figures
Key points
from the 2025 annual accountsDebts
€450,572 78% of the balance sheet
Financial debts 18%Suppliers 26%Taxes and wages 4%Other 51%
€64,385 of the debts are secured on the company's own assets.
Starting capital
€90,000 1,200 shares
Checked score
63
Healthy
Financially stronger than 30% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 1.6%
05-2025: 1.7%▲ +0.1 percentage points vs 04-2025
06-2025: 1.7%● unchanged vs 05-2025
07-2025: 2.1%▲ +0.4 percentage points vs 06-2025
08-2025: 2.1%● unchanged vs 07-2025
09-2025: 2.4%▲ +0.3 percentage points vs 08-2025
10-2025: 2.6%▲ +0.2 percentage points vs 09-2025
11-2025: 2.7%▲ +0.1 percentage points vs 10-2025highest value
12-2025: 2.6%▼ -0.1 percentage points vs 11-2025
01-2026: 1.3%▼ -1.3 percentage points vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026lowest value
03-2026: 1.4%▲ +0.1 percentage points vs 02-2026
04-2026: 1.3%▼ -0.1 percentage points vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.3%● unchanged vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 1.3%● unchanged vs 09-2026
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Sector: Specialised construction activities (NACE 43)
lowers risk
Figures for financial year 2025 (filed on 12-12-2025)
Legal form: public limited company
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 23% of them on solvency, 15% on liquidity and 51% on profitability.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as MULTI TECHNICAL INSTALLATIONS has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MULTI TECHNICAL INSTALLATIONS itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for MULTI TECHNICAL INSTALLATIONS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is tight, with a current ratio of 1.08, below the usual 1.5. Short-term debt is 72.2% and cash 12.1% of total assets. 78.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9950 sector peers (2025).
NBB · sector comparisonPosition among 9950 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
50 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- VAN HECKE Peter Willy Agnes founderdeed of 18-03-2024
- DOBBELAERE Bram Erik Cornelia founderdeed of 18-03-2024
- VAN PARIJS Simon Herman Christiane founderdeed of 18-03-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007151691
Incorporation
Founding capital of €90,000, 1,200 shares · Founders: VAN HECKE Peter Willy Agnes, DOBBELAERE Bram Erik Cornelia and VAN PARIJS Simon Herman Christiane · Appointments: ALPP, DOBBELAERE Bram Erik Cornelia and VAN PARIJS Simon Herman Christiane · published on 18-03-2024 · Gazette deed
First establishment
Reibroekstraat 150A, Evergem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MULTI TECHNICAL INSTALLATIONS Evergem | €574,430 | €216,209 | 21.6% | 5 |
| FELYX Lokeren | €466,687 | €284,747 | 7.0% | 4.2 |
| URBANPOS Watermael-Boitsfort | €709,018 | €171,485 | 52.3% | 6.8 |
| FLJ Project Charleroi | €883,445 | €246,343 | 4.8% | 5.4 |
| DM Elektro Wervik | €583,106 | €320,984 | 71.8% | 5.3 |
| DEBAY TECHNICS Zottegem | €662,309 | €264,937 | 23.5% | 3.6 |
| NORG ELECTRICITE Libramont-Chevigny | €665,020 | €380,180 | 7.6% | 6.3 |
These companies have the same main activity as MULTI TECHNICAL INSTALLATIONS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €467,000 and €883,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 14-03-2024Normal situation
- Activity
- General electrical installation workNACE 43211
- Joint committees
- 149Sectors related to metal, mechanical and electrical engineering
- 200Auxiliary committee for white-collar workers · annual accounts 30-06-2025
- Establishment unit
- 2.357.413.1709940 Evergem, since 14-03-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 22-10-2025
Annual accounts to 30-06-2025
- €216,209
- €33,858
- €123,858
- €574,430
- Employeeson 30-06-2025
- 5
- Filing
- Filed on 12-12-2025, 50 days before the end of the filing period
Insights on MULTI TECHNICAL INSTALLATIONS
MULTI TECHNICAL INSTALLATIONS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,858 and a net result of €33,858.
Its solvency ranks better than 22% of 9,950 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 12-12-2025, 50 days before the deadline€216,209
€45,406
€33,858
€31,537
21.6%
1.08
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €620,000. Estimated: probably between €460,000 and €750,000.
Balance sheet
balance sheet total €574,430 on 30-06-2025What the company ownsHow it is paid for
Position in the sector
21.6%
Higher than 22% of 9,950 companies in 2025.
1.08
Higher than 22% of 9,814 companies in 2025.
5.9%
Higher than 52% of 9,883 companies in 2025.
MULTI TECHNICAL INSTALLATIONS
Middle half of the sector
80% of the sector
Abbreviated accounts in specialised construction (NACE 43)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff
€24,682
Staff costs divided by the average number of full-time equivalents.
+5 people
people who joined
people who left
In 2025, 5 people joined and nobody left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
574,430 | |
20 |
3,619 | |
21/28 |
124,453 | |
21 |
13,464 | |
22/27 |
110,629 | |
23 |
45,917 | |
24 |
27,689 | |
25 |
37,023 | |
28 |
360 | |
29/58 |
446,358 | |
3 |
144,575 | |
30/36 |
70,899 | |
37 |
73,676 | |
40/41 |
225,288 | |
40 |
155,964 | |
41 |
69,324 | |
54/58 |
69,487 | |
490/1 |
7,008 | |
| Balance sheet: equity and liabilities | ||
10/49 |
574,430 | |
10/15 |
123,858 | |
10/11 |
90,000 | |
11 |
90,000 | |
1109/19 |
90,000 | |
13 |
4,500 | |
130/1 |
4,500 | |
130 |
4,500 | |
14 |
29,358 | |
17/49 |
450,572 | |
17 |
35,751 | |
170/4 |
35,751 | |
42/48 |
414,821 | |
42 |
28,634 | |
43 |
45,000 | |
430/8 |
45,000 | |
44 |
118,513 | |
440/4 |
118,513 | |
46 |
181,037 | |
45 |
19,778 | |
450/3 |
1,487 | |
454/9 |
18,292 | |
47/48 |
21,860 | |
| Income statement | ||
9900 |
216,209 | |
62 |
123,409 | |
630 |
19,115 | |
631/4 |
27,229 | |
640/8 |
1,049 | |
9901 |
45,406 | |
75/76B |
199 | |
75 |
199 | |
65/66B |
3,747 | |
65 |
3,747 | |
9903 |
41,858 | |
67/77 |
8,000 | |
9904 |
33,858 | |
9905 |
33,858 | |
| Appropriation of the result | ||
9906 |
33,858 | |
691/2 |
4,500 | |
6920 |
4,500 | |
| Social balance sheet | ||
9087 |
5 | |
Hours worked1013 |
3,630 | |
| Document | ||
The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 12-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 12-12-2025 | 2025-00580335 |
Subsidies and aid
Flemish government 2024 to 2025, 2 entries, €3,020 awarded, €3,020 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,820 | €2,270 |
| 2024 | 1 | €1,200 | €750 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 64,521 | ||
| 52,973 | ||
| 139,243 | ||
| 31,537 | ||
| 21.6% | ||
| 1.08 | ||
| 0.73 | ||
| 3.64 | ||
| 27.3% | ||
| 5.9% | ||
| 17.22 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 30-06-2025 |
|---|---|
| Employees at the balance-sheet date | 5 |
| full-time | 5 |
| part-time | 0 |
| in full-time equivalents | 5 |
| 5 | |
| On a permanent contract | 5 |
| Joined | 5 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 30-06-2025 |
|---|---|
| Debts secured on the company's own assets | €64,385 |
Source: notes to the 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 30-06-2025 |
|---|---|
| Tangible fixed assets | €122,029 |
| Intangible fixed assets | €16,854 |
| Financial fixed assets | €360 |
| €19,115 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on MULTI TECHNICAL INSTALLATIONS
Debt's share of the balance-sheet total is 78.4%.
Board & ownership
Board
3 directors, 3 in day-to-day management, since incorporationALPP BV
Director (not named in the articles) and managing director, permanent representative VAN HECKE Peter Willy Agnes
director (not named in the articles) since 14-03-2024
managing director appointed by deed of 18-03-2024
6-year term from 2024
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 12-12-2025
Director (not named in the articles) and managing director
director (not named in the articles) since 14-03-2024
managing director appointed by deed of 18-03-2024
6-year term from 2024
listed in the 2025 annual accounts, filed on 12-12-2025
Director (not named in the articles) and managing director
director (not named in the articles) since 14-03-2024
managing director appointed by deed of 18-03-2024
6-year term from 2024
listed in the 2025 annual accounts, filed on 12-12-2025
- ALPP, DOBBELAERE Bram Erik Cornelia, VAN PARIJS Simon Herman Christiane
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Vertegenwoordiging van de vennootschap 1. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij ondertekend…”deed of 18-03-2024
Permanent representatives 1
Mandates through the years
3 names, the dashed line is todayALPP
Director (not named in the articles), Managing director
Director (not named in the articles), Managing director
DOBBELAERE Bram Erik Cornelia
Director (not named in the articles), Managing director
Director (not named in the articles), Managing director
VAN PARIJS Simon Herman Christiane
Director (not named in the articles), Managing director
Director (not named in the articles), Managing director
LeadershipBoardRest of the term
Mandates as a list
- ALPP
- Director (not named in the articles), from 14-03-2024 to date
- Managing director, appointed by deed of 18-03-2024, still in office
- DOBBELAERE Bram Erik Cornelia
- Director (not named in the articles), from 14-03-2024 to date
- Managing director, appointed by deed of 18-03-2024, still in office
- VAN PARIJS Simon Herman Christiane
- Director (not named in the articles), from 14-03-2024 to date
- Managing director, appointed by deed of 18-03-2024, still in office
Control
Founders
VAN HECKE Peter Willy Agnes, DOBBELAERE Bram Erik Cornelia, VAN PARIJS Simon Herman Christiane
This company
MULTI TECHNICAL INSTALLATIONS
Equity €123,858
Profit €33,858 in 2025
Capital
- Capital
- €90,000
- Shares
- 1,200
- Contribution per share
- €75
- Equity per share
- €103 in 2025
- Source
- deed of 18-03-2024
Articles of association
deed of 18-03-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Raad van bestuur, hoogstens zes jaar”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “4. De raad van bestuur mag bijzondere volmachten verlenen aan één of meer personen. De vennootschap wordt geldig vertegenwoordigd door deze…”
Founders
At incorporation
deed of 18-03-2024 ↗
- VAN HECKE Peter Willy Agnes founder
- DOBBELAERE Bram Erik Cornelia founder
- VAN PARIJS Simon Herman Christiane founder
Network & group
No group
MULTI TECHNICAL INSTALLATIONS has no parent and no holdings in its annual accounts.
Earlier ties
| ELEKTROTECHNIEK VAN HECKE via ALPP, no longer at ELEKTROTECHNIEK VAN HECKE · Managing director · deed of 19-01-2023 founded in 1999 · negative equity (2025) · group C2F1 |
25 FTE (2025) |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2025
Annual accounts 2025 filed PDFabbreviated format · 50 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007151691
2024
IncorporationFounding capital of €90,000, 1,200 shares · Founders: VAN HECKE Peter Willy Agnes, DOBBELAERE Bram Erik Cornelia and VAN PARIJS Simon Herman Christiane · Appointments: ALPP, DOBBELAERE Bram Erik Cornelia and VAN PARIJS Simon Herman Christiane · published on 18-03-202412 points ▸
- Founder, VAN HECKE Peter Willy Agnes
- Founder, DOBBELAERE Bram Erik Cornelia
- Founder, VAN PARIJS Simon Herman Christiane
- Founding capital, €90,000, 1,200 shares
- Board rule, 3
- Director appointment, ALPP (director (not named in the articles))
- Director appointment, DOBBELAERE Bram Erik Cornelia (director (not named in the articles))
- Director appointment, VAN PARIJS Simon Herman Christiane (director (not named in the articles))
- Permanent representative, VAN HECKE Peter Willy Agnes
- Director appointment, ALPP (managing director)
- Director appointment, DOBBELAERE Bram Erik Cornelia (managing director)
- Director appointment, VAN PARIJS Simon Herman Christiane (managing director)
- The deed holds 3 more points.
First establishment Reibroekstraat 150A, Evergem
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1007.151.691
- VAT number
- BE 1007.151.691
- Peppol ID
- 0208:1007151691
- Other Peppol ID
- 9925:BE1007151691
- Legal form
- Public limited company
- Status
- Active, normal situation
- Founded
- 14-03-2024
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “4. De raad van bestuur mag bijzondere volmachten verlenen aan één of meer personen. De vennootschap wordt geldig vertegenwoordigd door deze…”deed of 18-03-2024 (in Dutch)
- Peppol
- Reachable since 22-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MULTI TECHNICAL INSTALLATIONS in Dutch
- Abbreviation
- MTI in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 18-03-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Reibroekstraat 150 A, 9940 Evergem”deed of 18-03-2024 (in Dutch)
Activities
NACEBEL 2025VAT activities
43211
General electrical installation work main activity
Social security (RSZ) activities
43211
General electrical installation work main activity
Joint committees annual accounts 30-06-2025
JC 149
Sectors related to metal, mechanical and electrical engineering
JC 200
Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
43211
Specialised construction activities main activity
Social security (RSZ) activities
43211
Specialised construction activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Om dit voorwerp te bereiken mag de vennootschap alle aankopen verrichten van grondstoffen en hulpmaterialen en diensten van derden,zowel in…”deed of 18-03-2024 (in Dutch)
17 activities
- Om dit voorwerp te bereiken mag de vennootschap alle aankopen verrichten van grondstoffen en hulpmaterialen en diensten van derden,zowel in het binnenland als in het buitenland.
- Bovenvermelde opsomming is niet beperkend zodat de vennootschap alle handelingen kan stellen die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp.
- Uitwerking en realisatie van projecten op het gebied van de elektriciteit en elektronica.
- Het plaatsen en herstellen van alle elektrische installaties en bedradingen voor stroomvoorziening,domotica,toegangscontrole,verlichting,lichtreclame,communicatie en signalisatie,computersystemen;
- Het plaatsen en herstellen van alle elektrische installaties en bedradingen voor opname en weergave van beelden of geluiden;
- Het plaatsen en herstellen van alle elektrische installaties en bedradingen voor beveiliging tegen overspanning,brand of diefstal;
- Het plaatsen en herstellen van alle elektrische installaties en bedradingen voor verwarming en klimaatregeling,andere dan deze voorzien voor de installatie-activiteiten van centrale verwarming,klimaatregeling,gas en sanitair;
- Het plaatsen en herstellen van zonnepanelen en batterijen,laadpalen,warmtepompen,koeltechniek;
- Plaatsen van databekabeling.
- Automatisaties.
- Industriële bordenbouw;
- Algemene bouwinstallaties
- Het coördineren van bovenstaande werkzaamheden,uitgevoerd door onderaannemers;
- Het advies en de consultancy betreffende bovenvermelde activiteiten;
- De aankoop,verkoop,import,export,groot- en kleinhandel in elektrisch materiaal,inclusief installatiemateriaal;
- De aankoop,verkoop,import,export,groot- en kleinhandel in elektronische en telecommunicatieapparatuur en delen daarvan;
- De aankoop,verkoop,import,export,groot- en kleinhandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur;
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Reibroekstraat 150A registered office 9940 Evergem | 14-03-2024 | 2.357.413.170 |
Buildings and parcels at the address
- Ground area
- 830 m²
- Buildings
- 145 m²
- Volume, LiDAR
- 819 m³
- Tallest building
- 8.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44302D0348/00N000 | 830 m² | 1 · 145 m² | 8.3 m · 2 |
Contact
E-mail
mti@mti-nv.be
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1007.151.691