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MULTICO Group

Active
Private limited company (pre-2019)founded 2010active for 16 yearsLijsterlaan 28, 1770 Liedekerke, BelgiumKBO/BCE: BE 0822.153.390
Summary

The computed 12-month bankruptcy probability of MULTICO Group is 5.8% (elevated). The annual accounts of MULTICO Group for financial year 2024 show a net loss of 91% of the equity at the start of that year. The 2024 annual accounts show equity of €1,264 and a net result of -€12,261. Equity is shrinking by about 40% per year across the filed financial years. Its solvency ranks better than 23% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
MULTICO GroupActiveChecked score 35/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€354,184total assets 2024
Equity
€1,264
Loss
-€12,261
Turnover not published (micro format)
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.8%
Structure
2025 accounts not filed, 86 days past the deadline4 deeds in the Belgian Official Gazette
Why 35raises risk1 financial year not filed after the legal deadline; last filed accounts filed 214 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 09-03-2026)Liquidity: current ratio 0.92, cash €745lowers riskFounded in 2010Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 21% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 25-4
equity 0.4% of total assets
Liquidity 39-2
short-term debt 28.7% · cash 0.2%
Profitability 28-23
return on assets -3.5%
Bankruptcy probability, 12 months
5.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,231 companies, NACE 47, micro)
Last 24 months 11-2024: 3.1% 12-2024: 4.2%▲ +1.1 percentage points vs 11-2024 01-2025: 3.2%▼ -1.0 percentage point vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 3.1%▼ -0.1 percentage points vs 03-2025 05-2025: 2.8%▼ -0.3 percentage points vs 04-2025 06-2025: 2.6%▼ -0.2 percentage points vs 05-2025 07-2025: 2.6%● unchanged vs 06-2025lowest value 08-2025: 3.1%▲ +0.5 percentage points vs 07-2025 09-2025: 3.1%● unchanged vs 08-2025 10-2025: 3.8%▲ +0.7 percentage points vs 09-2025 11-2025: 4.0%▲ +0.2 percentage points vs 10-2025 12-2025: 5.2%▲ +1.2 percentage points vs 11-2025 01-2026: 8.3%▲ +3.1 percentage points vs 12-2025 02-2026: 8.3%● unchanged vs 01-2026 03-2026: 8.8%▲ +0.5 percentage points vs 02-2026highest value 04-2026: 3.8%▼ -5.0 percentage points vs 03-2026 05-2026: 3.8%● unchanged vs 04-2026 06-2026: 3.6%▼ -0.2 percentage points vs 05-2026 07-2026: 3.4%▼ -0.2 percentage points vs 06-2026 08-2026: 4.4%▲ +1.0 percentage point vs 07-2026 09-2026: 4.9%▲ +0.5 percentage points vs 08-2026 10-2026: 5.8%▲ +0.9 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.92, compared with 0.9 in 2023, below 1; short-term debt: 28.7% and cash: 0.2% of total assets), and 99.6% of the assets are financed with debt and provisions.
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 19% on solvency, 36% on liquidity, 24% on profitability and 6% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 214 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 09-03-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.92, cash €745
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 25567 sector peers (2024).
NBB · sector comparison
Position among 25567 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 214 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-03-2026, 214 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
214 days late
2023
126 days late
2022
31 days late
2021
143 days late
2020
116 days late
2019
308 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 156 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Back to profitnet €209

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
  • Caution: Among the weakest 16% on net resultsector median €4,563 · 25,543 companies -€12,261 View
  • Total assets 20246 financial years filed €354,184 View

By topic

Financials

Financial year
2024
Total assets
€354,184
Loss
-€12,261
Solvency
0.4%
Total assets▼ 3.8%
Net result
20182024
Go to Financials

Timeline

Events
16
Since
2012
  1. 31-08-2023Annual accounts filed
  2. 21-12-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
11-01-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about MULTICO Group

What is the company number of MULTICO Group?
0822.153.390. In Belgium the VAT number is the company number with BE in front: BE 0822.153.390.
Where is MULTICO Group based?
The registered office is at Lijsterlaan 28, 1770 Liedekerke.Company details
What does MULTICO Group do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of MULTICO Group?
Private limited company (pre-2019) (BVBA).
When was MULTICO Group founded?
On 11-01-2010.
Is MULTICO Group still active?
Yes, MULTICO Group is an active enterprise in the KBO register.
What is the turnover of MULTICO Group?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MULTICO Group profitable?
In financial year 2024, MULTICO Group made a loss of €12,261.
Where can I find the annual accounts of MULTICO Group?
MULTICO Group filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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