Equity
MULTICOR has made a profit without a break since 2020.
MULTICOR has made a profit without a break since 2020.
Of this, €629,825 falls due within a year.
The last five annual accounts were filed 0 to 51 days before the end of the period.
The dashed line is the sector median: 0.4% across 26,900 companies (NACE 46, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 46, micro). It does better than 32% of them on solvency, 21% on liquidity, 30% on profitability and 49% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 4,508 companies had the same profile as MULTICOR has now. Each dot stands for 12 companies, two years later.
That fits the bankruptcy probability of MULTICOR itself: 0.3% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,508 companies, not a prediction for MULTICOR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.53 (1.5 in 2024), above the usual 1.5. Short-term debt is 60.9% and cash 3.5% of total assets. However, 79.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| MULTICOR Avelgem | - | - | 20.7% | 1.8 |
| MAISON MANIGART Arlon | - | - | 40.6% | 1.8 |
| ODILON Bruges | - | - | 39.3% | 1.2 |
| GOESSENS WIJNEN Hasselt | - | - | 25.1% | 1.6 |
| VINIVINS Seraing | €1.1m | 2.3% | 14.8% | 2 |
| Grapeness Genk | - | - | 8.8% | 2 |
| THE SOURCE Chapelle-lez-Herlaimont | €1.8m | 8.9% | 67.7% | 2.1 |
These companies have the same main activity as MULTICOR: wholesale of wines and spirits (NACE 46341). They are comparable in size and age: total assets between €999,000 and €1.2m, founded between 2007 and 2012.
MULTICOR files the abbreviated format. That format states no turnover. The gross margin rose from €39,788 in 2012 to €160,177 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.2m. Estimated: probably between €460,000 and €2.2m.
Higher than 27% of 9,886 companies in 2025.
Higher than 43% of 9,650 companies in 2025.
Higher than 31% of 9,765 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
Total assets20/58 |
1.0m | 1.0m | 966,414 | 872,803 | 897,512 | 679,959 | 794,919 | 681,774 | 526,763 | 408,838 | 314,290 | 301,033 | 222,495 | 210,229 | |
Fixed assets21/28 |
73,175 | 91,336 | 104,524 | 91,548 | 120,715 | 120,848 | 150,219 | 163,307 | 140,232 | 132,201 | 138,344 | 156,192 | 162,113 | 176,183 | |
Intangible fixed assets21 |
- | - | - | - | - | - | 2,408 | 5,463 | 8,361 | 2,286 | 2,586 | - | - | - | |
Tangible fixed assets22/27 |
73,175 | 91,336 | 104,524 | 91,548 | 120,715 | 120,848 | 147,811 | 157,844 | 131,871 | 128,614 | 135,758 | 156,192 | 162,113 | 176,183 | |
Land and buildings22 |
51,829 | 61,032 | 70,235 | 67,931 | 76,002 | 84,073 | 92,144 | 100,215 | 108,286 | 116,357 | 124,428 | 132,499 | 140,570 | 148,641 | |
Plant, machinery and equipment23 |
7,114 | 10,078 | 3,633 | 4,572 | 10,637 | 12,230 | 19,507 | 18,965 | 21,286 | 6,816 | 3,255 | 3,198 | 1,189 | - | |
Furniture and vehicles24 |
14,231 | 20,225 | 30,656 | 19,045 | 34,076 | 24,544 | 36,159 | 38,664 | 2,298 | 5,441 | 8,075 | 20,495 | 20,354 | 27,542 | |
Financial fixed assets28 |
- | - | - | - | - | - | - | - | - | 1,300 | - | - | - | - | |
Current assets29/58 |
961,514 | 948,864 | 861,890 | 781,256 | 776,797 | 559,111 | 644,700 | 518,468 | 386,531 | 276,637 | 175,946 | 144,841 | 60,382 | 34,046 | |
Stocks and contracts in progress3 |
771,790 | 760,704 | 697,159 | 614,697 | 590,235 | 451,101 | 487,179 | 355,669 | 276,457 | 154,809 | 87,291 | 59,356 | 31,032 | 10,074 | |
Stocks30/36 |
771,790 | 760,704 | 697,159 | 614,697 | 590,235 | 451,101 | 487,179 | 355,669 | 276,457 | 154,809 | 87,291 | 59,356 | 31,032 | 10,074 | |
Amounts receivable within one year40/41 |
152,170 | 147,747 | 133,707 | 126,833 | 121,700 | 85,759 | 100,936 | 140,482 | 86,186 | 80,772 | 67,328 | 67,930 | 11,802 | 8,501 | |
Trade receivables40 |
108,506 | 147,429 | 133,430 | 126,523 | 121,423 | 85,247 | 98,649 | 140,221 | 85,564 | 80,167 | 67,067 | 52,672 | 10,951 | 8,501 | |
Other amounts receivable41 |
43,663 | 318 | 278 | 311 | 278 | 513 | 2,287 | 261 | 622 | 605 | 261 | 15,258 | 851 | - | |
Cash at bank and in hand54/58 |
36,522 | 36,697 | 27,484 | 36,541 | 61,706 | 19,516 | 54,496 | 17,671 | 21,274 | 40,011 | 17,562 | 16,204 | 16,170 | 13,234 | |
Deferred charges and accrued income490/1 |
1,033 | 3,716 | 3,540 | 3,184 | 3,156 | 2,735 | 2,089 | 4,646 | 2,614 | 1,046 | 3,765 | 1,351 | 1,378 | 2,237 | |
| Balance sheet: equity and liabilities | |||||||||||||||
Total equity and liabilities10/49 |
1.0m | 1.0m | 966,414 | 872,803 | 897,512 | 679,959 | 794,919 | 681,774 | 526,763 | 408,838 | 314,290 | 301,033 | 222,495 | 210,229 | |
Equity10/15 |
213,707 | 208,863 | 176,474 | 138,074 | 105,593 | 72,934 | -173 | 8,891 | 7,602 | 6,969 | -30,949 | -46,718 | -36,930 | -1,101 | |
Contributions10/11 |
62,400 | 62,400 | 62,400 | 62,400 | 62,400 | 62,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
Issued capital100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
Uncalled capital101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
Reserves13 |
151,307 | 146,463 | 114,074 | 75,674 | 43,193 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | - | - | - | - | |
Tax-exempt reserves132 |
18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | 18,750 | - | - | - | - | |
Distributable reserves133 |
132,557 | 127,713 | 95,324 | 56,924 | 24,443 | - | - | - | - | - | - | - | - | - | |
Profit (loss) carried forward14 |
- | - | - | - | 0 | -8,216 | -31,323 | -22,259 | -23,548 | -24,181 | -43,349 | -59,118 | -49,330 | -13,501 | |
Amounts payable17/49 |
820,981 | 831,338 | 789,940 | 734,729 | 791,920 | 607,024 | 795,091 | 672,884 | 519,160 | 401,868 | 345,239 | 347,751 | 259,425 | 211,330 | |
Amounts payable after more than one year17 |
191,157 | 198,451 | 149,549 | 172,803 | 188,418 | 228,123 | 134,867 | 111,428 | 84,000 | 90,000 | 96,000 | 102,000 | 112,616 | 127,580 | |
Financial debts170/4 |
191,157 | 198,451 | 149,549 | 172,803 | 188,418 | 228,123 | 134,867 | 111,428 | 84,000 | 90,000 | 96,000 | 102,000 | 112,616 | 127,580 | |
Amounts payable within one year42/48 |
629,825 | 632,887 | 640,391 | 561,926 | 603,502 | 354,454 | 650,270 | 547,771 | 435,160 | 311,868 | 249,239 | 245,751 | 146,809 | 83,750 | |
Current portion of amounts payable after more than one year42 |
27,819 | 30,561 | 16,565 | 28,363 | 40,494 | 33,572 | 34,751 | 15,250 | 6,000 | 6,000 | 6,000 | 10,616 | 14,964 | 14,617 | |
Financial debts43 |
370,000 | 390,000 | 370,000 | 320,000 | 280,000 | 230,000 | 280,000 | 195,000 | 80,000 | - | - | - | - | - | |
Credit institutions430/8 |
370,000 | 390,000 | 370,000 | 320,000 | 280,000 | 230,000 | 280,000 | 195,000 | 80,000 | - | - | - | - | - | |
Trade debts44 |
161,544 | 177,637 | 207,999 | 156,689 | 224,160 | 61,758 | 134,250 | 119,198 | 136,928 | 112,258 | 66,163 | 76,017 | 40,229 | 4,109 | |
Suppliers440/4 |
161,544 | 177,637 | 207,999 | 156,689 | 224,160 | 61,758 | 134,250 | 119,198 | 136,928 | 112,258 | 66,163 | 76,017 | 40,229 | 4,109 | |
Taxes, remuneration and social security45 |
70,463 | 34,689 | 45,827 | 56,875 | 36,048 | 17,124 | 9,668 | 8,942 | 9,703 | 1,035 | 1,731 | 7,069 | 21,467 | 888 | |
Taxes450/3 |
27,773 | 22,279 | 29,799 | 39,503 | 23,701 | 8,329 | 855 | 2,808 | 9,703 | 1,035 | 1,731 | 7,069 | 1,103 | 888 | |
Remuneration and social security454/9 |
42,690 | 12,410 | 16,028 | 17,371 | 12,347 | 8,795 | 8,813 | 6,134 | - | - | - | - | 20,364 | - | |
Other amounts payable47/48 |
- | - | - | 0 | 22,800 | 12,000 | 191,601 | 209,382 | 202,529 | 192,575 | 175,345 | 152,049 | 70,149 | 64,136 | |
Accrued charges and deferred income492/3 |
- | - | - | - | - | 24,447 | 9,954 | 13,684 | - | - | - | - | - | - | |
| Income statement | |||||||||||||||
Non-recurring operating income76A |
- | - | - | - | - | - | - | - | - | - | 13,394 | - | - | - | |
Gross operating margin9900 |
160,177 | 195,370 | 199,456 | 198,041 | 147,585 | 125,934 | 89,972 | 76,225 | 23,526 | 59,905 | 22,440 | 9,475 | -13,005 | 39,788 | |
Remuneration, social security and pensions62 |
95,643 | 90,728 | 93,140 | 96,636 | 55,605 | 39,108 | 46,605 | 22,979 | 429 | 1,430 | 107 | 1,614 | - | 250 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
24,288 | 23,010 | 18,346 | 31,232 | 26,855 | 32,038 | 32,613 | 28,403 | 14,307 | 14,693 | 13,295 | 23,992 | 16,691 | 48,062 | |
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 |
- | - | - | - | 0 | 7,713 | 2,777 | 6,752 | - | - | - | - | - | - | |
Other operating charges640/8 |
6,554 | 7,735 | 6,317 | 7,759 | 7,372 | 4,135 | 3,455 | 3,960 | 1,259 | 312 | 1,732 | 2,915 | 1,561 | 2,719 | |
Non-recurring operating charges66A |
- | - | - | - | - | - | - | 1,793 | - | - | - | - | - | - | |
Operating profit (loss)9901 |
33,692 | 73,896 | 81,654 | 62,414 | 57,753 | 42,940 | 4,522 | 12,338 | 7,531 | 43,470 | 7,306 | -19,046 | -31,257 | -11,243 | |
Financial income75/76B |
3,360 | 3,317 | 763 | 169 | 322 | 942 | 955 | 7 | 103 | 530 | 460 | 206 | 1,877 | 80 | |
Recurring financial income75 |
3,360 | 3,317 | 763 | 169 | 322 | 942 | 955 | 7 | 103 | 530 | 460 | 206 | 1,877 | 80 | |
Financial charges65/66B |
27,995 | 31,253 | 26,755 | 14,800 | 15,566 | 15,354 | 14,255 | 9,752 | 6,619 | 5,782 | 5,235 | 5,745 | 6,231 | 2,166 | |
Recurring financial charges65 |
27,995 | 31,253 | 26,755 | 14,800 | 15,566 | 15,354 | 14,255 | 9,752 | 6,619 | 5,782 | 5,235 | 5,745 | 6,231 | 2,166 | |
Profit (loss) for the period before taxes9903 |
9,056 | 45,961 | 55,661 | 47,783 | 42,509 | 28,527 | -8,778 | 2,594 | 1,015 | 38,218 | 15,925 | -24,585 | -35,611 | -13,329 | |
Income taxes67/77 |
4,212 | 13,572 | 17,260 | 15,302 | 9,851 | 5,421 | 285 | 1,305 | 382 | 300 | 156 | 203 | 218 | 172 | |
Profit (loss) for the period9904 |
4,844 | 32,389 | 38,401 | 32,481 | 32,658 | 23,107 | -9,063 | 1,289 | 633 | 37,919 | 15,769 | -24,788 | -35,829 | -13,501 | |
Transfer to tax-exempt reserves689 |
- | - | - | - | - | - | - | - | - | 18,750 | - | - | - | - | |
Profit (loss) for the period to be appropriated9905 |
4,844 | 32,389 | 38,401 | 32,481 | 32,658 | 23,107 | -9,063 | 1,289 | 633 | 19,169 | 15,769 | -24,788 | -35,829 | -13,501 | |
| Appropriation of the result | |||||||||||||||
Profit (loss) to be appropriated9906 |
4,844 | 32,389 | 38,401 | 32,481 | 24,443 | -8,216 | -31,323 | -22,259 | -23,548 | -24,181 | -43,349 | -74,118 | -49,330 | -13,501 | |
Profit (loss) brought forward from the previous period14P |
- | - | - | 0 | -8,216 | - | - | - | - | - | - | - | - | - | |
Transfer to equity691/2 |
4,844 | 32,389 | 38,401 | 32,481 | 24,443 | - | - | - | - | - | - | - | - | - | |
To the legal reserve6920 |
- | - | - | 32,481 | 24,443 | - | - | - | - | - | - | - | - | - | |
To other reserves6921 |
4,844 | 32,389 | 38,401 | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||
Average staff (FTE)9087 |
1.8 | 1.8 | 1.9 | 2.4 | 1.4 | 1 | 1 | 0.6 | - | - | - | - | - | - | |
Hours worked1013 |
3,122 | 3,258 | 3,314 | 4,242 | 2,366 | 1,454 | 1,868 | 948 | - | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 17 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 2025 (PDF), filed on 30-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 30-04-2026 | 2026-00105198 | |
| 30-09-2024 | abbreviated format | 30-04-2025 | 2025-00090013 | |
| 30-09-2023 | abbreviated format | 18-04-2024 | 2024-00067381 | |
| 30-09-2022 | abbreviated format | 10-03-2023 | 2023-00038809 | |
| 30-09-2021 | abbreviated format | 28-04-2022 | 2022-20018194 | |
| 30-09-2020 | abbreviated format | 30-04-2021 | 2021-12300230 | |
| 30-09-2019 | abbreviated format | 30-04-2020 | 2020-10800375 | |
| 30-09-2018 | micro format | 25-03-2019 | 2019-07800355 | |
| 30-09-2017 | micro format | 26-03-2018 | 2018-07800241 | |
| 30-09-2016 | abbreviated format | 08-03-2017 | 2017-06100364 | |
| 30-09-2015 | abbreviated format | 30-03-2016 | 2016-07900337 | |
| 30-09-2014 | abbreviated format | 23-03-2015 | 2015-07000504 | |
| 30-09-2013 | abbreviated format | 29-04-2014 | 2014-11500220 | |
| 30-09-2012 | abbreviated format | 07-03-2013 | 2013-06000387 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €227 | €227 |
| 2023 | 1 | €789 | €789 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 57,979 | 96,907 | 99,999 | 93,646 | 84,608 | 74,978 | 37,135 | 40,741 | 21,838 | 58,163 | 20,601 | 4,946 | -14,566 | 36,819 | |
| Cash flow | 29,132 | 55,399 | 56,746 | 63,713 | 59,513 | 55,145 | 23,550 | 29,691 | 14,940 | 52,612 | 29,064 | -796 | -19,138 | 34,561 | |
| Investment in fixed assets | 6,126 | 9,822 | 31,322 | 2,064 | 26,723 | 2,667 | 19,525 | 53,478 | 23,638 | 8,550 | 6,248 | 18,071 | 2,621 | 222,074 | |
| Change in cash | -175 | 9,213 | -9,057 | -25,165 | 42,191 | -34,980 | 36,825 | -3,604 | -18,736 | 22,449 | 1,358 | 34 | 2,936 | - | |
| Working capital | 331,689 | 315,977 | 221,500 | 219,329 | 173,296 | 204,657 | -5,570 | -29,303 | -48,630 | -35,231 | -73,293 | -100,910 | -86,427 | -49,704 | |
| Solvency | 20.7% | 20.1% | 18.3% | 15.8% | 11.8% | 10.7% | 0.0% | 1.3% | 1.4% | 1.7% | -9.8% | -15.5% | -16.6% | -0.5% | |
| Current ratio | 1.53 | 1.50 | 1.35 | 1.39 | 1.29 | 1.58 | 0.99 | 0.95 | 0.89 | 0.89 | 0.71 | 0.59 | 0.41 | 0.41 | |
| Quick ratio | 0.30 | 0.30 | 0.26 | 0.30 | 0.31 | 0.30 | 0.24 | 0.30 | 0.25 | 0.39 | 0.36 | 0.35 | 0.20 | 0.29 | |
| Debt to equity | 3.84 | 3.98 | 4.48 | 5.32 | 7.50 | 8.32 | - | 75.68 | 68.29 | 57.66 | - | - | - | - | |
| ROE | 2.3% | 15.5% | 21.8% | 23.5% | 30.9% | 31.7% | - | 14.5% | 8.3% | 544.1% | - | - | - | - | |
| ROA | 0.5% | 3.1% | 4.0% | 3.7% | 3.6% | 3.4% | -1.1% | 0.2% | 0.1% | 9.3% | 5.0% | -8.2% | -16.1% | -6.4% | |
| Interest coverage | 2.07 | 3.10 | 3.74 | 6.33 | 5.44 | - | - | - | - | - | - | - | - | - |
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 | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 | 2 | 2 |
| full-time | 1 | 1 | 1 | 2 | 2 |
| part-time | 1 | 1 | 1 | 0 | 0 |
| in full-time equivalents | 1.8 | 1.8 | 1.8 | 2 | 2 |
| Average over the year, in full-time equivalents | 1.8 | 1.8 | 1.9 | 2.4 | 1.4 |
| On a permanent contract | 2 | 2 | 2 | 2 | 2 |
| Joined | - | - | 1 | 1 | 2 |
| Left | - | - | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €120,000 | €120,000 | €120,000 | €120,000 | €120,000 |
| Carrying value of the mortgaged assets | €51,829 | €51,789 | €59,860 | €67,931 | €76,002 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,126 | €9,822 | €31,322 | €2,064 | €26,723 |
| Depreciation and write-downs of the year | €24,288 | €23,010 | €18,346 | €31,232 | €26,855 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 54% lower than in 2024 and the lowest since 2019. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 79.9% to 79.3%. Equity is higher and debt is lower.
MULTICOR has no parent and no holdings in its annual accounts. Bonte Dimitri is the only director. MULTICOR shares no director with another company.
| Red Chardonnay
registered office since 19-09-2019 · founded in 2019 |
total assets €14,306 (2025) 0734.673.347 |
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Varent 5 registered office 8581 Avelgem | ||
| Roterijstraat 138 8790 Waregem | 21-03-2011 | 2.197.382.966 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34040C0006/00T000 | 1,692 m² | 1 · 709 m² | 7.4 m · 2 |
| 34020A0143/00C000 | 1,403 m² | 1 · 170 m² | 11.4 m · 1 |
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