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MULTIDAL

Active
Private limited companyfounded 2023active for 3 yearsNachtegaalstraat 8, 9240 Zele, Belgium12 active companies are registered at this addressKBO/BCE: BE 0800.444.790
Summary

MULTIDAL has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €391,896 and a net result of €114,451. Equity is growing by about 32% per year across the filed financial years. Its solvency ranks better than 58% of 12,578 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Retail trade
NACE 47529General construction of residential buildings NACE 41001
1 site
Size
€880,668total assets 2025
Staff
4 FTE
Equity
€391,896
Profit
€114,451
Turnover not published (abbreviated format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Accounts filed 28 days late2 of 3 deeds read
Why 87raises riskFounded in 2023Latest accounts 28 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 1.67, cash €233,646Size: total assets €880,668Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 72% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 69+5
equity 44.5% of total assets
Liquidity 59+3
short-term debt 49.1% · cash 26.5%
Profitability 85+5
return on assets 13.0%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,224 companies, NACE 47, micro)
Last 24 months 11-2024: 1.8% 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 2.4%▲ +0.6 percentage points vs 03-2025 05-2025: 2.7%▲ +0.3 percentage points vs 04-2025 06-2025: 3.0%▲ +0.3 percentage points vs 05-2025 07-2025: 3.0%● unchanged vs 06-2025highest value 08-2025: 0.7%▼ -2.3 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%▲ +0.3 percentage points vs 04-2026 06-2026: 1.2%▲ +0.1 percentage points vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.9 percentage points vs 07-2026 09-2026: 0.4%▼ -1.8 percentage points vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.67, compared with 1.48 in 2024, above the usual 1.5; short-term debt: 49.1% and cash: 26.5% of total assets), but 55.5% 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 59% on solvency, 65% on liquidity, 79% on profitability and 84% on growth.

The bankruptcy probability was computed on 18-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.67, cash €233,646
NBB · annual accounts
raises risk · Latest accounts 28 days late; 1 of the last 3 late
NBB · filings
lowers risk · Size: total assets €880,668
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
28 days late
2024
34 days early
2023
44 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 13 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (3 of the last 3 filed years within 62 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2023 to 2025net €114,451 ▲80.4%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00452410.

Equity
€391,896▲ 41.3%
2024 · €277,444
Total assets
€880,668▲ 23.9%
2024 · €710,863
Net result
€114,451▲ 80.4%
2024 · €63,444
Working capital
€288,613▲ 65.3%
2024 · €174,573
Trend over the years

2023 to 2025, 3 financial years

The operating result has risen two years in a row; 2025 is 103% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€153,626 2025 Net result€114,451 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€18,683-€75,775▲ 306%€153,626▲ 103%
Net result€14,000within the sector's middle half-€63,444within the sector's middle half▲ 353%€114,451above the sector's middle half▲ 80.4%
Equity€214,000within the sector's middle half-€277,444within the sector's middle half▲ 29.6%€391,896within the sector's middle half▲ 41.3%
Total assets€571,748within the sector's middle half-€710,863within the sector's middle half▲ 24.3%€880,668within the sector's middle half▲ 23.9%
Debt€357,748-€433,419▲ 21.2%€488,773▲ 12.8%
Working capital€137,585within the sector's middle half-€174,573within the sector's middle half▲ 26.9%€288,613within the sector's middle half▲ 65.3%
Solvency37.4%within the sector's middle half-39.0%within the sector's middle half▲ 1.6pp44.5%within the sector's middle half▲ 5.5pp
Current ratio1.54within the sector's middle half-1.48within the sector's middle half▼ 0.061.67within the sector's middle half▲ 0.19
Return on assets (ROA)2.4%within the sector's middle half-8.9%within the sector's middle half▲ 6.5pp13.0%above the sector's middle half▲ 4.1pp
Staff (FTE)1.3below the sector's middle half-3within the sector's middle half▲ 131%4within the sector's middle half▲ 33.3%
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €879,810
Fixed assets €158,691 ▼ 7.5%
Current assets €721,119 ▲ 34.0%
Equity and liabilities €880,668
Equity €391,896 ▲ 41.3%
Debt €488,773 ▲ 12.8%
Debt's share of the balance-sheet total falls from 61.0% to 55.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€207,257▲
2024 · €119,798
Cash flow
€168,082▲
2024 · €107,467
Debt to equity
1.25▼
2024 · 1.56
ROE
29.2%▲
2024 · 22.9%
Interest coverage
26.11▲
2024 · 14.90
Debt ≤ 1 year
€432,506▲
2024 · €363,496
Debt > 1 year
€56,267▼
2024 · €69,923
Income taxes
€45,190▲
2024 · €16,965
Staff costs
€457,846▲
2024 · €337,237
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€710,863€880,668▲
Formation expenses20€1,239€859▼
Fixed assets21/28€171,554€158,691▼
Tangible fixed assets22/27€165,191€152,328▼
Plant, machinery and equipment23€43,664€42,226▼
Furniture and vehicles24€11,719€8,894▼
Leasing and similar rights25€109,808€101,207▼
Financial fixed assets28€6,363€6,363=
Current assets29/58€538,069€721,119▲
Amounts receivable within one year40/41€350,629€481,255▲
Trade receivables40€325,765€443,529▲
Other amounts receivable41€24,864€37,725▲
Cash at bank and in hand54/58€181,982€233,646▲
Deferred charges and accrued income490/1€5,458€6,218▲
Equity and liabilities
Total equity and liabilities10/49€710,863€880,668▲
Equity10/15€277,444€391,896▲
Contributions10/11€200,000€200,000=
Profit (loss) carried forward14€77,444€191,896▲
Amounts payable17/49€433,419€488,773▲
Amounts payable after more than one year17€69,923€56,267▼
Financial debts170/4€69,923€56,267▼
Amounts payable within one year42/48€363,496€432,506▲
Current portion of amounts payable after more than one year42€32,692€36,434▲
Financial debts43€28,488€33,717▲
Credit institutions430/8€28,488€33,717▲
Trade debts44€265,346€310,116▲
Suppliers440/4€265,346€310,116▲
Taxes, remuneration and social security45€36,970€52,238▲
Taxes450/3€0€81▲
Remuneration and social security454/9€36,970€52,157▲
Income statement Code20242025
Remuneration, social security and pensions62€337,237€457,846▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,022€53,631▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1,309
Other operating charges640/8€5,431€6,769▲
Gross operating margin9900€462,466€673,181▲
Operating profit (loss)9901€75,775€153,626▲
Financial income75/76B€12,671€13,953▲
Recurring financial income75€12,671€13,953▲
Financial charges65/66B€8,038€7,938▼
Recurring financial charges65€8,038€7,938▼
Profit (loss) for the period before taxes9903€80,409€159,641▲
Income taxes67/77€16,965€45,190▲
Profit (loss) for the period9904€63,444€114,451▲
Profit (loss) for the period to be appropriated9905€63,444€114,451▲
Appropriation of the result
Profit (loss) to be appropriated9906€77,444€191,896▲
Profit (loss) brought forward from the previous period14P€14,000€77,444▲

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62€125,728€337,237€457,846▲ 35.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,068€44,022€53,631▲ 21.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€1,309-
Other operating charges640/8€2,960€5,431€6,769▲ 24.6%
Gross operating margin9900€158,439€462,466€673,181▲ 45.6%
Operating profit (loss)9901€18,683€75,775€153,626▲ 103%
Financial income75/76B€3,647€12,671€13,953▲ 10.1%
Recurring financial income75€3,647€12,671€13,953▲ 10.1%
Financial charges65/66B€4,505€8,038€7,938▼ 1.2%
Recurring financial charges65€4,505€8,038€7,938▼ 1.2%
Profit (loss) for the period before taxes9903€17,825€80,409€159,641▲ 98.5%
Income taxes67/77€3,825€16,965€45,190▲ 166%
Profit (loss) for the period9904€14,000€63,444€114,451▲ 80.4%
Profit (loss) for the period to be appropriated9905€14,000€63,444€114,451▲ 80.4%
Line202320242025Change
Assets
Total assets20/58€571,748€710,863€880,668▲ 23.9%
Formation expenses20€1,620€1,239€859▼ 30.7%
Fixed assets21/28€177,410€171,554€158,691▼ 7.5%
Tangible fixed assets22/27€171,047€165,191€152,328▼ 7.8%
Plant, machinery and equipment23€30,215€43,664€42,226▼ 3.3%
Furniture and vehicles24-€11,719€8,894▼ 24.1%
Leasing and similar rights25€140,832€109,808€101,207▼ 7.8%
Financial fixed assets28€6,363€6,363€6,363=
Current assets29/58€392,718€538,069€721,119▲ 34.0%
Amounts receivable within one year40/41€327,311€350,629€481,255▲ 37.3%
Trade receivables40€325,553€325,765€443,529▲ 36.1%
Other amounts receivable41€1,758€24,864€37,725▲ 51.7%
Cash at bank and in hand54/58€62,865€181,982€233,646▲ 28.4%
Deferred charges and accrued income490/1€2,542€5,458€6,218▲ 13.9%
Equity and liabilities
Total equity and liabilities10/49€571,748€710,863€880,668▲ 23.9%
Equity10/15€214,000€277,444€391,896▲ 41.3%
Contributions10/11€200,000€200,000€200,000=
Profit (loss) carried forward14€14,000€77,444€191,896▲ 148%
Amounts payable17/49€357,748€433,419€488,773▲ 12.8%
Amounts payable after more than one year17€102,615€69,923€56,267▼ 19.5%
Financial debts170/4€102,615€69,923€56,267▼ 19.5%
Amounts payable within one year42/48€255,133€363,496€432,506▲ 19.0%
Current portion of amounts payable after more than one year42€31,194€32,692€36,434▲ 11.4%
Financial debts43-€28,488€33,717▲ 18.4%
Credit institutions430/8-€28,488€33,717▲ 18.4%
Trade debts44€182,484€265,346€310,116▲ 16.9%
Suppliers440/4€182,484€265,346€310,116▲ 16.9%
Taxes, remuneration and social security45€41,456€36,970€52,238▲ 41.3%
Taxes450/3€27,528€0€81-
Remuneration and social security454/9€13,928€36,970€52,157▲ 41.1%
Line202320242025Change
Profit (loss) for the period9904€14,000€63,444€114,451▲ 80.4%
+ Depreciation and write-downs630€11,068€44,022€53,631▲ 21.8%
Operating cash flow (approximation)€25,068€107,467€168,082▲ 56.4%
Investment in fixed assets (approximation)--€38,167-€40,767▼ 6.8%
Change in cash-€119,117€51,664▼ 56.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 abbreviated format 28-08-2026 2026-00452410
31-12-2024 abbreviated format 27-06-2025 2025-00208470
31-12-2023 abbreviated format 13-09-2024 2024-00462507

Similar companies · same sector, comparable size

Of the 365 active companies whose main activity is retail trade (NACE 47529), figures are known for 264. 200 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 2 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 5 April 2023, MULTIDAL was incorporated as a private limited company.1 In 2024 the registered office moved to Zele.2 Total assets went from €571,748 in 2023 to €880,668 in 2025 and headcount from 1.3 to 4 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 01-08-2024
  3. 3National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 28 days late
2025
31-12
Financial Highest result from 2023 to 2025net €114,451 ▲80.4%
Operating result €153,626, net result €114,451, both a record.
27-06
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
15-01
Gazette deed Appointment: Rosseels Tina (director)
Resignation: Van Hee Tyron (director and day-to-day manager) · Director discharge · Power of attorney5 facts ▸
  • General meeting, 14-11-2024
  • Director appointment, Rosseels Tina (director (not named in the articles))
  • Director resignation, Van Hee Tyron (director and day-to-day manager)
  • Director discharge, Van Hee Tyron
  • Power of attorney
2024
13-09
NBB filing Annual accounts filed
financial year 2023 · abbreviated format · 44 days late
01-08
Gazette deed Permanent representative: Iris Carsau
Registered-office move3 facts ▸
  • General meeting, 18-12-2023
  • Registered-office move, Nachtegaalstraat 8 bus W4, 9240 Zele
  • Permanent representative, Iris Carsau
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded05-04-2023
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
47529Retail trade
23610Manufacture of other non-metallic mineral products
41003General construction of other non-residential buildings
46839Wholesale trade
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
Contact
E-mail info@multidal.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0800444790
Also 9925:BE0800444790
Registered 08-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 18 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0800.444.790

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zele · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
4,529 m²
Building footprint
1,304 m²
Building volume
17,124 m³
Parcel 42028B0738/00B000, Flanders · tallest building 31.6 m. Linked by address, not a title deed.
12 companies at this address See who is registered here
1 establishment unit
MULTIDAL
Nachtegaalstraat 8, 9240 ZeleRetail trade
since 2023unit no. 2.344.000.743
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
42028B0738/00B000 Flanders 4,529 m² 1 · 1,304 m² 31.6 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.