MULTIDISCI
ActiveSummary
MULTIDISCI has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €91k and a net result of €4k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 49% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability65▼-12
Solvency55▲+3
Growth60=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.04 in 2023; short-term debt: 50.5% and cash: 0.4% of total assets), and 69.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.4%
Return on assets
1.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
21 d early
2022
20 d early
2021
16 d early
2020
13 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€71k▲ 20.8%
2022 · €59k
EBIT margin
31.2%▲ 11.3pp
2022 · 19.9%
Net result
€4k▼ 58.6%
2023 · €10k
Working capital
€-147k▼ 3.2%
2023 · €-142k
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
Line20202021202220232024
Turnover€47k▼ 31.9%€49k▲ 3.4%€59k▲ 20.8%€71k▲ 20.8%
Operating result€15k▲ 4.2%€10k▼ 36.1%€12k▲ 20.2%€22k▲ 89.0%€13k▼ 40.7%
Net result€3k▲ 33.0%€833▼ 74.5%€1k▲ 65.7%€10k▲ 657%€4k▼ 58.6%
EBIT margin32.4%▲ 11.2pp20.0%▼ 12.4pp19.9%▼ 0.1pp31.2%▲ 11.3pp
Equity€75k▲ 4.5%€76k▲ 1.1%€77k▲ 1.8%€87k▲ 12.6%€91k▲ 5.0%
Total assets€381k▼ 0.3%€359k▼ 5.8%€339k▼ 5.6%€322k▼ 5.0%€301k▼ 6.6%
Debt€306k▼ 1.4%€283k▼ 7.4%€262k▼ 7.5%€235k▼ 10.2%€209k▼ 10.9%
Working capital€-137k▼ 15.9%€-142k▼ 3.7%€-145k▼ 1.8%€-142k▲ 1.5%€-147k▼ 3.2%
Staff (FTE)
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €301k
Fixed assets
€296k ▼ 6.5%
Current assets
€5k ▼ 11.9%
Equity and liabilities €301k
Equity
€91k ▲ 5.0%
Debt
€209k ▼ 10.9%
Debt's share of the balance-sheet total falls from 73.0% to 69.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▼
2023 · €43k
Cash flow
€25k▼
2023 · €31k
Current ratio
0.03▼
2023 · 0.04
Debt to equity
2.29▼
2023 · 2.70
ROE
4.7%▼
2023 · 12.0%
ROA
1.4%▼
2023 · 3.2%
Interest coverage
5.30▲
2023 · 5.15
Debt ≤ 1 year
€152k▲
2023 · €148k
Debt > 1 year
€58k▼
2023 · €87k
Income taxes
€2k▼
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €47k | €49k | €59k | €71k | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €9k | €13k | €12k | €8k | ▼ 36.1% |
| Remuneration, social security and pensions62 | - | €6k | €11k | €13k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €20k | €21k | €21k | €21k | ▲ 0.4% |
| Other operating charges640/8 | - | €4k | €3k | €3k | €3k | ▲ 4.1% |
| Non-recurring operating charges66A | - | - | - | - | €170 | - |
| Gross operating margin9900 | €40k | €40k | €46k | €59k | €37k | ▼ 36.7% |
| Operating profit (loss)9901 | €15k | €10k | €12k | €22k | €13k | ▼ 40.7% |
| Financial income75/76B | - | €212 | - | - | €0 | - |
| Recurring financial income75 | - | €212 | - | - | €0 | - |
| Financial charges65/66B | - | €10k | €9k | €8k | €6k | ▼ 23.2% |
| Recurring financial charges65 | €10k | €10k | €9k | €8k | €6k | ▼ 23.2% |
| Non-recurring financial charges66B | - | - | - | - | €6k | - |
| Profit (loss) for the period before taxes9903 | €5k | €22 | €3k | €14k | €7k | ▼ 51.1% |
| Income taxes67/77 | €2k | €-811 | €1k | €3k | €2k | ▼ 28.8% |
| Profit (loss) for the period9904 | €3k | €833 | €1k | €10k | €4k | ▼ 58.6% |
| Profit (loss) for the period to be appropriated9905 | €3k | €833 | €1k | €10k | €4k | ▼ 58.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €381k | €359k | €339k | €322k | €301k | ▼ 6.6% |
| Fixed assets21/28 | €377k | €358k | €337k | €316k | €296k | ▼ 6.5% |
| Tangible fixed assets22/27 | €377k | €358k | €337k | €316k | €296k | ▼ 6.5% |
| Land and buildings22 | - | €324k | €308k | €293k | €278k | ▼ 5.2% |
| Plant, machinery and equipment23 | - | €34k | €29k | €24k | €18k | ▼ 22.6% |
| Current assets29/58 | €4k | €1k | €2k | €6k | €5k | ▼ 11.9% |
| Amounts receivable within one year40/41 | - | €90 | €421 | €4k | €4k | = |
| Trade receivables40 | - | €90 | €421 | €4k | €4k | = |
| Cash at bank and in hand54/58 | €4k | €1k | €518 | €930 | €1k | ▲ 36.0% |
| Deferred charges and accrued income490/1 | - | - | €930 | €1k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €381k | €359k | €339k | €322k | €301k | ▼ 6.6% |
| Equity10/15 | €75k | €76k | €77k | €87k | €91k | ▲ 5.0% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | ▲ 11.9% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | ▲ 11.9% |
| Legal reserve130 | - | €2k | €2k | €2k | €2k | ▲ 11.9% |
| Profit (loss) carried forward14 | €11k | €12k | €13k | €23k | €27k | ▲ 17.7% |
| Amounts payable17/49 | €306k | €283k | €262k | €235k | €209k | ▼ 10.9% |
| Amounts payable after more than one year17 | €165k | €140k | €115k | €87k | €58k | ▼ 33.8% |
| Financial debts170/4 | - | €140k | €115k | €87k | €58k | ▼ 33.8% |
| Amounts payable within one year42/48 | €141k | €143k | €146k | €148k | €152k | ▲ 2.6% |
| Current portion of amounts payable after more than one year42 | - | €49k | €49k | €52k | €55k | ▲ 5.2% |
| Trade debts44 | €2k | €2k | €3k | €5k | €9k | ▲ 56.3% |
| Suppliers440/4 | - | €2k | €3k | €5k | €9k | ▲ 56.3% |
| Taxes, remuneration and social security45 | - | €1k | €2k | €7k | €8k | ▲ 16.6% |
| Taxes450/3 | - | €278 | - | €4k | €8k | ▲ 115% |
| Remuneration and social security454/9 | - | €1k | €2k | €3k | - | - |
| Other amounts payable47/48 | - | €91k | €92k | €83k | €80k | ▼ 3.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €833 | €1k | €10k | €4k | ▼ 58.6% |
| + Depreciation and write-downs630 | €20k | €20k | €21k | €21k | €21k | ▲ 0.4% |
| Operating cash flow (approximation) | €23k | €20k | €22k | €31k | €25k | ▼ 19.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-2k | €-658 | €412 | €335 | ▼ 18.8% |
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
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €10k ▲657%
Operating result €22k, net result €10k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €833 ▼74.5%
Net result drops to €833, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Watermaal-Bosvoorde · 1 establishment unit since 2026
Ground area
70 m²
Building footprint
63 m²
Volume, LiDAR
572 m³
Parcel 21017D0164/00L006, Brussels · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
MULTIDISCI
since 20262.390.153.046
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0164/00L006 | Brussels | 70 m² | 1 · 63 m² | 13.5 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.
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Of 11,756 companies in sector 68310 we hold annual accounts for 6,904. 5,167 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-08-2007
Fiscal year end31-12
Activities, NACEBEL 2025
47770Retail sale of watches and jewellery
68310Real estate agency activities
Contact
E-mail
multidisci@hotmail.fr
Scores and ratios are computed by Checked and are not a credit decision.