MULTI TECHS
ActiveSummary
MULTI TECHS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €-26k. Equity is growing by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 16% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▼-34
Solvency37▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.34 in 2024; short-term debt: 36.3% and cash: 9.2% of total assets), but 87.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
12.2%
Return on assets
-6.7%
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 16% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 16%
← weakest
strongest →
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 23-04-2026, 99 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
99 d early
2024
77 d early
2023
28 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
105 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▼ 35.3%
2024 · €72k
2018: €20k
2019: €21k
2020: €30k
2021: €40k
2022: €53k
2023: €76k
2024: €72k
2018 → 2025
Total assets
€383k▼ 18.5%
2024 · €471k
2018: €240k
2019: €221k
2020: €287k
2021: €285k
2022: €571k
2023: €481k
2024: €471k
2018 → 2025
Net result
€-26k
2024 · €5k
2018: €553
2019: €1k
2020: €9k
2021: €10k
2022: €13k
2023: €23k
2024: €5k
2018 → 2025
Working capital
€88k▲ 13.9%
2024 · €77k
2018: €-52k
2019: €-74k
2020: €-67k
2021: €-67k
2022: €-45k
2023: €47k
2024: €77k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€40k-€53k▲ 32.7%€76k▲ 43.9%€72k▼ 4.3%€47k▼ 35.3%
Operating result€14k-€28k▲ 101%€46k▲ 65.8%€18k▼ 61.0%€-17k
Net result€10k-€13k▲ 33.2%€23k▲ 78.5%€5k▼ 79.1%€-26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €17k after €18k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €383k
Fixed assets
€157k ▼ 6.5%
Current assets
€227k ▼ 25.2%
Equity and liabilities €383k
Equity
€47k ▼ 35.3%
Debt
€336k ▼ 15.5%
Debt's share of the balance-sheet total rises from 84.6% to 87.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€33k▼
2024 · €77k
Cash flow
€24k▼
2024 · €64k
Current ratio
1.63▲
2024 · 1.34
Quick ratio
1.10▲
2024 · 1.05
Debt to equity
7.17▲
2024 · 5.50
ROE
-54.5%▼
2024 · 6.7%
ROA
-6.7%▼
2024 · 1.0%
Interest coverage
3.09▼
2024 · 6.71
Debt ≤ 1 year
€139k▼
2024 · €226k
Debt > 1 year
€197k▲
2024 · €172k
Income taxes
€-2k▼
2024 · €3k
Staff costs
€308k▲
2024 · €280k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€471k€383k▼
Fixed assets21/28€168k€157k▼
Intangible fixed assets21€1k€0▼
Tangible fixed assets22/27€166k€156k▼
Land and buildings22€36k€38k▲
Plant, machinery and equipment23€22k€19k▼
Furniture and vehicles24€108k€63k▼
Leasing and similar rights25-€36k
Financial fixed assets28€727€727=
Current assets29/58€303k€227k▼
Stocks and contracts in progress3€65k€73k▲
Stocks30/36€65k€73k▲
Amounts receivable within one year40/41€169k€101k▼
Trade receivables40€119k€46k▼
Other amounts receivable41€51k€55k▲
Cash at bank and in hand54/58€67k€35k▼
Deferred charges and accrued income490/1€2k€17k▲
Equity and liabilities
Total equity and liabilities10/49€471k€383k▼
Equity10/15€72k€47k▼
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€69k€43k▼
Amounts payable17/49€398k€336k▼
Amounts payable after more than one year17€172k€197k▲
Financial debts170/4€172k€197k▲
Amounts payable within one year42/48€226k€139k▼
Current portion of amounts payable after more than one year42€70k€83k▲
Financial debts43€2k€2k▲
Credit institutions430/8€2k€2k▲
Trade debts44€121k€41k▼
Suppliers440/4€121k€41k▼
Advances received on contracts in progress46€8k€6k▼
Taxes, remuneration and social security45€26k€7k▼
Taxes450/3€12k€4k▼
Remuneration and social security454/9€14k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€7k€0▼
Remuneration, social security and pensions62€280k€308k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€50k▼
Other operating charges640/8€7k€14k▲
Non-recurring operating charges66A€51k€0▼
Gross operating margin9900€414k€355k▼
Operating profit (loss)9901€18k€-17k▼
Financial income75/76B€2k€1▼
Recurring financial income75€2k€1▼
Financial charges65/66B€11k€11k▼
Recurring financial charges65€11k€11k▼
Profit (loss) for the period before taxes9903€8k€-27k▼
Income taxes67/77€3k€-2k▼
Profit (loss) for the period9904€5k€-26k▼
Profit (loss) for the period to be appropriated9905€5k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€43k▼
Profit (loss) brought forward from the previous period14P€64k€69k▲
The notes to these accounts (14 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
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2018net €23k ▲78.5%
Operating result €46k, net result €23k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Mont-Saint-Guibert · 1 establishment unit since 2008
Ground area
3,432 m²
Building footprint
113 m²
Parcel 25040C0293/00M000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Multi Techs
since 20082.173.470.783
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25040C0293/00M000 | Wallonia | 3,431 m² | 1 · 113 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,528 companies in sector 43222 we hold annual accounts for 5,663. 4,496 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
Founded26-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
25210Manufacture of fabricated metal products, except machinery and equipment
33110Repair and maintenance of fabricated metal products
47527Retail trade
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.