Multico Plus
ActiveMultico Plus has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €23k. Equity is growing by ~32.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 27319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+15
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.36 against 1.69 in 2024), and 28.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.4%
Return on assets
18.6%
Age of the figures
8 mo
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 18-07-2026, 13 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
13 d early
2024
17 d early
2023
23 d early
2022
18 d early
2021
23 d early
2020
30 d late
2019
89 d late
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€89k▲ 31.4%
2024 · €68k
2018: €19k
2019: €4k
2020: €12k
2021: €36k
2022: €63k
2023: €22k
2024: €68k
2018 → 2025
Total assets
€125k▼ 13.9%
2024 · €145k
2018: €84k
2019: €40k
2020: €50k
2021: €81k
2022: €175k
2023: €128k
2024: €145k
2018 → 2025
Net result
€23k▼ 49.2%
2024 · €46k
2018: €-597
2019: €-15k
2020: €8k
2021: €24k
2022: €27k
2023: €-41k
2024: €46k
2018 → 2025
Working capital
€84k▲ 57.8%
2024 · €53k
2018: €19k
2019: €4k
2020: €12k
2021: €34k
2022: €23k
2023: €-6k
2024: €53k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€63k▲ 74.2%€22k▼ 64.6%€68k▲ 204%€89k▲ 31.4%
Operating result€33k-€42k▲ 27.5%€-36k€55k€37k▼ 33.0%
Net result€24k-€27k▲ 13.0%€-41k€46k€23k▼ 49.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€5k▼ 65.3%
Current assets
€120k▼ 8.1%
Equity and liabilities €125k
Equity
€89k▲ 31.4%
Debt
€36k▼ 53.8%
The debt ratio falls from 53.2% to 28.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€38k▼
2024 · €67k
Cash flow
€24k▼
2024 · €57k
Solvency
71.4%▲
2024 · 46.8%
Current ratio
3.36▲
2024 · 1.69
Quick ratio
3.36▲
2024 · 1.69
Debt / equity
0.40▼
2024 · 1.14
ROE
26.0%▼
2024 · 67.1%
ROA
18.6%▼
2024 · 31.4%
Interest coverage
7.30▼
2024 · 10.01
Debt
€36k▼
2024 · €77k
Debt ≤ 1 year
€36k▼
2024 · €77k
Income taxes
€8k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€145k€125k▼
Fixed assets21/28€15k€5k▼
Tangible fixed assets22/27€12k€2k▼
Furniture and vehicles24€12k€2k▼
Financial fixed assets28€3k€3k=
Current assets29/58€130k€120k▼
Amounts receivable within one year40/41€101k€98k▼
Trade receivables40€59k€51k▼
Other amounts receivable41€42k€47k▲
Cash at bank and in hand54/58€29k€20k▼
Deferred charges and accrued income490/1€0€2k▲
Equity and liabilities
Total equity and liabilities10/49€145k€125k▼
Equity10/15€68k€89k▲
Contributions10/11€7k€7k=
Reserves13€61k€82k▲
Distributable reserves133€61k€82k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€77k€36k▼
Amounts payable within one year42/48€77k€36k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€6k€10k▲
Suppliers440/4€6k€10k▲
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€686€648▼
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€66k€21k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€1k▼
Other operating charges640/8€1k€758▼
Gross operating margin9900€68k€38k▼
Operating profit (loss)9901€55k€37k▼
Financial income75/76B€609€2▼
Recurring financial income75€609€2▼
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€48k€31k▼
Income taxes67/77€3k€8k▲
Profit (loss) for the period9904€46k€23k▼
Profit (loss) for the period to be appropriated9905€46k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€23k▲
Profit (loss) brought forward from the previous period14P€-41k€0▲
Transfer from equity791/2-€2k
Transfer to equity691/2€5k€23k▲
To other reserves6921€5k€23k▲
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (13 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
18-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-41k ▼252%
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Niel · 1 establishment unit since 2016
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.
Antwerpsestraat 2242845 NielGround area
328 m²
Building footprint
118 m²
Volume, LiDAR
849 m³
Parcel 11030B0011/00W003, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Multico Plus
since 20162.259.196.118
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030B0011/00W003 | Flanders | 328 m² | 1 · 118 m² | 9.7 m · 3 fl. |
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.
Similar companies · same sector, comparable size
G.L. CONCEPT
BE 0683.723.009
Lebbeke · Eq €89k
MH POOL
BE 0726.459.130
Tongeren-Borgloon · Eq €89k
DOM BUILD
BE 0754.930.907
Denderleeuw · Eq €89k
DOMINIQUE THOMAS - FACTEUR D'ORGUES
BE 0762.476.814
Vielsalm · Eq €89k
ENTREPRISE SCHRAM
BE 0840.629.318
Houyet · Eq €89k
Of 15,434 companies in sector 43990 we hold annual accounts for 7,354. 6,198 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-2016
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.