MULTICOMPANY
ActiveSummary
MULTICOMPANY has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122,448 and a net result of -€2,346. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▼-27
Solvency65▼-14
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.53 against 1.18 in 2024; short-term debt: 40.1% and cash: 12.3% of total assets), and 59.6% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← 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
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
14 d late
2023
6 d late
2022
30 d late
2021
33 d late
2020
25 d late
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Equity
€122,448▼ 27.9%
2024 · €169,794
Total assets
€303,424▼ 3.9%
2024 · €315,794
Net result
-€2,346
2024 · €41,010
Working capital
-€56,772
2024 · €10,694
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€37,490▲ 0.5%€68,388▲ 82.4%-€52,572€48,130€5,575▼ 88.4%
Net result€9,108▼ 59.5%€45,419▲ 399%-€57,247€41,010-€2,346
Equity€140,611▲ 6.9%€186,030▲ 32.3%€128,784▼ 30.8%€169,794▲ 31.8%€122,448▼ 27.9%
Total assets€273,130▼ 5.1%€310,365▲ 13.6%€231,273▼ 25.5%€315,794▲ 36.5%€303,424▼ 3.9%
Debt€132,519▼ 15.3%€124,335▼ 6.2%€102,490▼ 17.6%€146,000▲ 42.5%€180,976▲ 24.0%
Working capital€57,599▼ 11.7%€99,242▲ 72.3%€19,481▼ 80.4%€10,694▼ 45.1%-€56,772
Staff (FTE)3.3▲ 6.5%3▼ 9.1%4.2▲ 40.0%4▼ 4.8%4=
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 88% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €303,424
Fixed assets
€238,412 ▼ 3.0%
Current assets
€65,012 ▼ 7.2%
Equity and liabilities €303,424
Equity
€122,448 ▼ 27.9%
Debt
€180,976 ▲ 24.0%
Debt's share of the balance-sheet total rises from 46.2% to 59.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€40,030▼
2024 · €79,965
Cash flow
€32,108▼
2024 · €72,846
Current ratio
0.53▼
2024 · 1.18
Debt to equity
1.48▲
2024 · 0.86
ROE
-1.9%▼
2024 · 24.2%
ROA
-0.8%▼
2024 · 13.0%
Interest coverage
4.77▼
2024 · 12.71
Debt ≤ 1 year
€121,783▲
2024 · €59,391
Debt > 1 year
€59,193▼
2024 · €86,609
Income taxes
€274▼
2024 · €1,415
Staff costs
€196,224▼
2024 · €196,411
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €118,392 | €126,256 | €178,446 | €196,411 | €196,224 | ▼ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,909 | €12,637 | €12,511 | €31,835 | €34,454 | ▲ 8.2% |
| Other operating charges640/8 | €1,828 | €1,878 | €4,140 | €5,908 | €14,678 | ▲ 148% |
| Gross operating margin9900 | €170,619 | €209,159 | €142,525 | €282,284 | €250,932 | ▼ 11.1% |
| Operating profit (loss)9901 | €37,490 | €68,388 | -€52,572 | €48,130 | €5,575 | ▼ 88.4% |
| Financial income75/76B | - | €35 | €366 | €585 | €750 | ▲ 28.1% |
| Recurring financial income75 | - | €35 | €366 | €585 | €750 | ▲ 28.1% |
| Financial charges65/66B | €6,600 | €5,070 | €4,851 | €6,289 | €8,397 | ▲ 33.5% |
| Recurring financial charges65 | €6,600 | €5,070 | €4,851 | €6,289 | €8,397 | ▲ 33.5% |
| Profit (loss) for the period before taxes9903 | €30,890 | €63,353 | -€57,057 | €42,426 | -€2,072 | ▼ 105% |
| Income taxes67/77 | €21,782 | €17,934 | €190 | €1,415 | €274 | ▼ 80.7% |
| Profit (loss) for the period9904 | €9,108 | €45,419 | -€57,247 | €41,010 | -€2,346 | ▼ 106% |
| Profit (loss) for the period to be appropriated9905 | €9,108 | €45,419 | -€57,247 | €41,010 | -€2,346 | ▼ 106% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €273,130 | €310,365 | €231,273 | €315,794 | €303,424 | ▼ 3.9% |
| Fixed assets21/28 | €165,615 | €152,977 | €159,269 | €245,709 | €238,412 | ▼ 3.0% |
| Intangible fixed assets21 | - | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €165,615 | €152,977 | €159,269 | €245,709 | €238,412 | ▼ 3.0% |
| Land and buildings22 | €155,714 | €146,558 | €147,501 | €137,987 | €141,930 | ▲ 2.9% |
| Plant, machinery and equipment23 | €7,152 | €4,371 | €6,623 | €13,509 | €13,301 | ▼ 1.5% |
| Furniture and vehicles24 | €2,748 | €2,049 | €5,145 | €94,213 | €83,182 | ▼ 11.7% |
| Current assets29/58 | €107,515 | €157,388 | €72,004 | €70,084 | €65,012 | ▼ 7.2% |
| Amounts receivable within one year40/41 | €77,041 | €111,460 | €29,257 | €31,260 | €25,290 | ▼ 19.1% |
| Trade receivables40 | €75,422 | €109,617 | €21,896 | €20,138 | €14,638 | ▼ 27.3% |
| Other amounts receivable41 | €1,620 | €1,842 | €7,362 | €11,122 | €10,652 | ▼ 4.2% |
| Cash at bank and in hand54/58 | €28,921 | €44,342 | €41,064 | €36,925 | €37,268 | ▲ 0.9% |
| Deferred charges and accrued income490/1 | €1,553 | €1,587 | €1,683 | €1,899 | €2,453 | ▲ 29.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €273,130 | €310,365 | €231,273 | €315,794 | €303,424 | ▼ 3.9% |
| Equity10/15 | €140,611 | €186,030 | €128,784 | €169,794 | €122,448 | ▼ 27.9% |
| Contributions10/11 | €18,600 | €18,600 | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €94,379 | €139,798 | €137,938 | €149,334 | €104,334 | ▼ 30.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €92,519 | €137,938 | €137,938 | €149,334 | €104,334 | ▼ 30.1% |
| Profit (loss) carried forward14 | €27,632 | €27,632 | -€29,614 | - | -€2,346 | - |
| Amounts payable17/49 | €132,519 | €124,335 | €102,490 | €146,000 | €180,976 | ▲ 24.0% |
| Amounts payable after more than one year17 | €82,602 | €66,189 | €49,967 | €86,609 | €59,193 | ▼ 31.7% |
| Financial debts170/4 | €82,602 | €66,189 | €49,967 | €86,609 | €59,193 | ▼ 31.7% |
| Amounts payable within one year42/48 | €49,917 | €58,146 | €52,523 | €59,391 | €121,783 | ▲ 105% |
| Current portion of amounts payable after more than one year42 | €17,876 | €19,472 | €18,595 | €24,274 | €26,465 | ▲ 9.0% |
| Trade debts44 | €10,548 | €11,857 | €11,639 | €15,817 | €18,119 | ▲ 14.6% |
| Suppliers440/4 | €10,548 | €11,857 | €11,639 | €15,817 | €18,119 | ▲ 14.6% |
| Taxes, remuneration and social security45 | €20,988 | €26,817 | €22,289 | €18,986 | €31,992 | ▲ 68.5% |
| Taxes450/3 | €4,955 | €9,356 | €9,359 | €425 | - | - |
| Remuneration and social security454/9 | €16,033 | €17,461 | €12,930 | €18,561 | €31,992 | ▲ 72.4% |
| Other amounts payable47/48 | €505 | - | - | €313 | €45,208 | ▲ 14,327% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,108 | €45,419 | -€57,247 | €41,010 | -€2,346 | ▼ 106% |
| + Depreciation and write-downs630 | €12,909 | €12,637 | €12,511 | €31,835 | €34,454 | ▲ 8.2% |
| Operating cash flow (approximation) | €22,017 | €58,056 | -€44,735 | €72,846 | €32,108 | ▼ 55.9% |
| Investment in fixed assets (approximation) | - | €0 | -€18,803 | -€118,276 | -€27,157 | ▲ 77.0% |
| Change in cash | - | €15,420 | -€3,278 | -€4,139 | €343 | ▲ 108% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial
Back to profitnet €41,010
Net result €41,010 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €169,794 ▲31.8%
Equity rises from €128,784 to €169,794.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Weakest financial yearnet -€57,247
Net result drops to -€57,247, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €150,000Eq €186,030 ▲32.3%
5 profitable years in a row build equity to €186,030.
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 33 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Highest result since 2018net €51,382 ▲177%
Net result €51,382, the highest in the series.
Show earlier events
31-12
Financial
Equity above €100,000Eq €114,278 ▲48.6%
2 profitable years in a row build equity to €114,278.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Zoutleeuw · 1 establishment unit since 2009
Ground area
531 m²
Building footprint
117 m²
Volume, LiDAR
985 m³
Parcel 24130B0237/00A002, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Multicompany
since 20092.188.886.558
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24130B0237/00A002 | Flanders | 531 m² | 1 · 117 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 12 entries · 1,616,076 EUR awarded · 1,616,076 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 444,864 EUR | 444,864 EUR |
| 2024 | 3 | 431,845 EUR | 431,845 EUR |
| 2023 | 4 | 408,283 EUR | 408,283 EUR |
| 2022 | 2 | 331,084 EUR | 331,084 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteZoutleeuw2.188.886.558
Care and welfare
2 services · 1 liveDe Zoemertjes
De Zoemertjes
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Of 1,589 companies in sector 88911 we hold annual accounts for 707. 536 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-09-2009
Fiscal year end31-12
Activities, NACEBEL 2025
88911Day nurseries and crèches
Scores and ratios are computed by Checked and are not a credit decision.