MULTI TECHNICS SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of MULTI TECHNICS SERVICES is 2.6% (moderate). The 2024 annual accounts show equity of €125k and a net result of €72k. Its solvency ranks better than 44% of 36375 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability99▼-1
Solvency67▼-6
Growth78
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.78 in 2023; short-term debt: 55.8% and cash: 38.6% of total assets), but 58.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
4 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€125k▲ 135%
2023 · €53k
2023: €53k
2023 → 2024
Total assets
€300k▲ 170%
2023 · €111k
2023: €111k
2023 → 2024
Net result
€72k▲ 43.5%
2023 · €50k
2023: €50k
2023 → 2024
Working capital
€106k▲ 201%
2023 · €35k
2023: €35k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€53k-€125k▲ 135%
Operating result€68k-€87k▲ 28.2%
Net result€50k-€72k▲ 43.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 28% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €300k
Fixed assets
€27k ▼ 13.2%
Current assets
€273k ▲ 240%
Equity and liabilities €300k
Equity
€125k ▲ 135%
Debt
€175k ▲ 202%
Debt's share of the balance-sheet total rises from 52.3% to 58.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€98k▲
2023 · €76k
Cash flow
€82k▲
2023 · €57k
Current ratio
1.63▼
2023 · 1.78
Debt to equity
1.41▲
2023 · 1.10
ROE
57.5%▼
2023 · 94.3%
ROA
23.9%▼
2023 · 45.0%
Interest coverage
108.53▼
2023 · 135.70
Debt ≤ 1 year
€167k▲
2023 · €45k
Debt > 1 year
€8k▼
2023 · €13k
Income taxes
€15k▼
2023 · €18k
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 · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€111k€300k▲
Fixed assets21/28€31k€27k▼
Tangible fixed assets22/27€31k€25k▼
Furniture and vehicles24€31k€25k▼
Financial fixed assets28€138€2k▲
Current assets29/58€80k€273k▲
Amounts receivable within one year40/41€70k€157k▲
Trade receivables40€59k€96k▲
Other amounts receivable41€10k€62k▲
Cash at bank and in hand54/58€9k€116k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€111k€300k▲
Equity10/15€53k€125k▲
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Profit (loss) carried forward14€50k€122k▲
Amounts payable17/49€58k€175k▲
Amounts payable after more than one year17€13k€8k▼
Financial debts170/4€13k€8k▼
Amounts payable within one year42/48€45k€167k▲
Financial debts43€5k€5k▲
Credit institutions430/8€5k€5k▲
Trade debts44€39k€128k▲
Suppliers440/4€21k€128k▲
Bills of exchange payable441€18k-
Taxes, remuneration and social security45€1k€34k▲
Taxes450/3-€32k
Remuneration and social security454/9€1k€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€11k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€77k€99k▲
Operating profit (loss)9901€68k€87k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€556€902▲
Recurring financial charges65€556€902▲
Profit (loss) for the period before taxes9903€68k€86k▲
Income taxes67/77€18k€15k▼
Profit (loss) for the period9904€50k€72k▲
Profit (loss) for the period to be appropriated9905€50k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€50k€122k▲
Profit (loss) brought forward from the previous period14P-€50k
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Equity above €100kEq €125k ▲135%
2 profitable years in a row build equity to €125k.
04-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 4 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, Sint-Pieters-Leeuw · 1 establishment unit since 2022
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.
Groot-Bijgaardenstraat 651600 Sint-Pieters-LeeuwGround area
1,341 m²
Building footprint
1,063 m²
Volume, LiDAR
6,672 m³
2 parcels, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20222.337.141.457
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0164/00R002 | Flanders | 1,041 m² | 1 · 765 m² | 6.7 m · 2 fl. |
| 23016D0063/00W002 | Flanders | 300 m² | 1 · 299 m² | 12.6 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.
Similar companies · same sector, comparable size
LION DECOR
BE 0729.721.201
Vilvoorde · Eq €124,612
C-born Projects
BE 0682.893.856
De Panne · Eq €124,572
PLACO-LINE
BE 0648.626.330
Liège · Eq €125,124
IsoCool
BE 0546.854.821
Waregem · Eq €125,161
DAKWERKEN DE BOECK PIETER
BE 0826.399.814
Asse · Eq €123,949
Of 4,271 companies in sector 43230 we hold annual accounts for 1,241. 1,038 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
Founded29-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.