Equity
Equity fell in 2023 from €120,192 to €2,182.
Trustee: Steven Boeynaems. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Equity fell in 2023 from €120,192 to €2,182.
Green is investment, beige is depreciation. Machinery stands 129.3% higher than in 2022.
In 2023, 35 people joined and 34 left.
The 2023 accounts came latest: 237 days after the end of the period.
SQ GROUP came to this address 19 days after the ruling.
Equity fell from €120,192 in 2022 to €2,182 in 2023, while debts rose from €275,342 to €547,247.
On 6 March 2025 the court declared Multi Trans bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €630,000. Estimated: probably between €440,000 and €920,000.
Amounts without an identifiable currency are taken as euros.
Staff costs divided by the average number of full-time equivalents.
In 2023, 35 people joined and 34 left.
| Line | Trend | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
549,429 | 395,534 | 220,544 | |
21/28 |
123,532 | 54,538 | 35,180 | |
22/27 |
118,532 | 49,538 | 30,180 | |
22 |
34,263 | 21,593 | - | |
23 |
7,503 | 3,272 | 1,562 | |
24 |
30,834 | 24,674 | 28,618 | |
26 |
45,932 | - | - | |
28 |
5,000 | 5,000 | 5,000 | |
29/58 |
425,897 | 340,996 | 185,364 | |
40/41 |
389,559 | 340,047 | 152,983 | |
40 |
262,948 | 212,139 | 152,983 | |
41 |
126,611 | 127,909 | - | |
54/58 |
30,338 | 948 | 32,381 | |
490/1 |
6,000 | - | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
549,429 | 395,534 | 220,544 | |
10/15 |
2,182 | 120,192 | 39,781 | |
10/11 |
10,000 | 10,000 | 10,000 | |
10 |
- | 10,000 | 10,000 | |
100 |
- | 10,000 | 10,000 | |
14 |
-7,818 | 110,192 | 29,781 | |
17/49 |
547,247 | 275,342 | 180,763 | |
42/48 |
547,247 | 275,342 | 180,466 | |
43 |
93,470 | 64,200 | 14,200 | |
439 |
93,470 | 64,200 | 14,200 | |
44 |
239,650 | 76,237 | 126,449 | |
440/4 |
239,650 | 76,237 | 126,449 | |
45 |
214,127 | 134,905 | 22,466 | |
450/3 |
169,656 | 130,328 | 22,445 | |
454/9 |
44,471 | 4,577 | 20 | |
47/48 |
- | - | 17,351 | |
492/3 |
- | - | 297 | |
| Income statement | ||||
9900 |
312,703 | 342,006 | 53,709 | |
62 |
375,707 | 198,051 | 5,073 | |
630 |
27,738 | 13,133 | 6,690 | |
640/8 |
22,032 | 23,212 | 3,860 | |
66A |
1,433 | - | - | |
9901 |
-114,208 | 107,610 | 38,087 | |
75/76B |
0 | 3 | 26 | |
75 |
0 | 3 | 26 | |
65/66B |
3,802 | 2,039 | 249 | |
65 |
3,802 | 2,039 | 249 | |
9903 |
-118,010 | 105,573 | 37,864 | |
67/77 |
- | 25,162 | 8,083 | |
9904 |
-118,010 | 80,411 | 29,781 | |
9905 |
-118,010 | 80,411 | 29,781 | |
| Appropriation of the result | ||||
9906 |
-7,818 | 110,192 | 29,781 | |
14P |
110,192 | 29,781 | - | |
| Social balance sheet | ||||
9087 |
11 | 7.5 | - | |
Hours worked1013 |
17,855 | 11,585 | - | |
| Document | ||||
The notes to these accounts have 8 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 2023 (PDF), filed on 25-03-2025.
2023 annual accounts filed 237 days after the deadline. Filed on 25 March 2025, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2025-00062944.
| Line | Trend | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| -86,469 | 120,743 | 44,777 | ||
| -90,271 | 93,544 | 36,471 | ||
| 123,414 | 32,491 | 41,870 | ||
| 29,390 | -31,433 | - | ||
| -121,349 | 65,654 | 4,898 | ||
| 0.4% | 30.4% | 18.0% | ||
| 0.78 | 1.24 | 1.03 | ||
| - | 2.29 | 4.54 | ||
| - | 66.9% | 74.9% | ||
| -21.5% | 20.3% | 13.5% | ||
| -22.74 | 59.20 | over 100 |
A ratio outside any meaningful range has been withheld (balance sheet total €549,429, equity €2,182).
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.
| Item | 31-12-2023 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 14 | 13 |
| full-time | 10 | 12 |
| part-time | 4 | 1 |
| in full-time equivalents | 12.6 | 12.5 |
| 11 | 7.5 | |
| On a permanent contract | 12 | 12 |
| Joined | 35 | 27 |
| Left | 34 | 11 |
Source: social balance sheet in the 2022 to 2023 annual accounts
| Item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible fixed assets | €123,414 | €32,491 | €36,870 |
| Financial fixed assets | - | - | €5,000 |
| €27,738 | €13,133 | €6,690 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
The operating result for 2023 is a loss of €114,208, after a profit of €107,610 in 2022. It is the lowest result since 2021.
Debt's share of the balance-sheet total rises from 69.6% to 99.6%. Equity is lower and debt is higher.
1 other company of this director went bankrupt (2025).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Multi Trans has no parent and no holdings in its annual accounts. HAYOUNE Mounir is the only director.
| MAKRO CASH & CARRY BELGIUM
registered office since 01-01-1970 · founded in 1969 |
1,827 FTE (2021) 0406.952.018 |
| TRESCAL
registered office since 01-09-1974 · founded in 1974 |
221 FTE (2025) 0414.459.224 |
| THALYS SHIPPING
registered office since 27-09-2005 · founded in 2005 |
total assets €32.0m (2025) 0876.291.961 |
| RANOMAX
registered office since 14-06-2007 · founded in 2007 |
total assets €17.8m (2025) 0890.065.565 |
| FOCUM BELGIUM
registered office since 02-01-2014 · founded in 2014 |
turnover €1.3m (2025) 0544.382.707 |
| INTEROFFICES
establishment since 01-12-2016 · founded in 2014 · negative equity (2025) · group DORIAN GROEP |
8.9 FTE (2025) 0507.698.394 |
| De Biehal
registered office since 24-04-2008 · founded in 2008 |
total assets €2.4m (2025) 0897.508.831 |
| CORPULS BELGIUM
registered office since 11-08-1999 · founded in 1999 |
2.8 FTE (2025) 0466.225.451 |
| TBL MANAGEMENT
registered office since 04-10-1996 · founded in 1996 |
total assets €1.5m (2025) 0458.560.372 |
| ProWelding
registered office since 06-09-2019 · founded in 2019 |
15 FTE (2022) 0733.795.793 |
| MULTI-GROUP via Achraf Bouachra, at Multi Trans, last mentioned in 2020 · Director · deed of 05-12-2025 Open bankruptcy · founded in 2023 |
total assets €361,377 (2024) |
| M&R GROUP via HAYOUNE Mounir, no longer at M&R GROUP · Director · deed of 08-04-2020 Open bankruptcy · founded in 2020 |
total assets €43,380 (2023) |
The network starts from the earlier ties.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 7 December 2020, Multi Trans was incorporated as a private limited company by three natural persons, with a starting capital of €10,000.12 The registered office moved to Antwerp in 2022 and to Wommelgem in 2025.34 HAYOUNE Mounir has served as director since 2023.5 Total assets went from €220,544 in 2021 to €549,429 in 2023.6 The company was declared bankrupt on 6 March 2025.7
| Establishment | Since | Unit number |
|---|---|---|
| Nijverheidsstraat 70 registered office 2160 Wommelgem 46190 Agents in non-specialised wholesale trade | 07-12-2020 | 2.310.770.127 |
| Kerkhofstraat 419 2850 Boom 56112 Limited-service restaurants, excluding mobile food services | 01-05-2023 | 2.345.122.082 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11052C0585/00T002 | 1.0 ha | 1 · 2,288 m² | 14.7 m · 4 |
| 11622C0093/00X004 | 1,299 m² | 1 · 324 m² | 10.1 m · 2 |
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