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MULTIDUB

Active
Private limited companyfounded 2019active for 7 yearsEeckbosstraat 3, 8760 Tielt, BelgiumKBO/BCE: BE 0734.505.279
Summary

MULTIDUB has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €170,012 and a net result of €18,615. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 19% of 10,709 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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, 2026-00484904.

Equity
€170,012▲ 12.3%
2024 · €151,397
Total assets
€1.1m▲ 82.2%
2024 · €616,180
Net result
€18,615▲ 9.0%
2024 · €17,079
Working capital
-€871,997▼ 152%
2024 · -€345,810
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result recovers in 2025; 2025 is 2% above 2024.

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

Operating result€0.04m 2025 Net result€0.02m 2025

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

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: 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
Line202020212022202320242025
Operating result€0.04m-€0.05m▲ 40.1%€0.05m▼ 12.7%€0.05m▲ 2.5%€0.04m▼ 15.5%€0.04m▲ 2.3%
Net result€0.02mwithin the sector's middle half-€0.03mwithin the sector's middle half▲ 63.8%€0.03mwithin the sector's middle half▼ 14.0%€0.03mwithin the sector's middle half▼ 0.3%€0.02mwithin the sector's middle half▼ 42.9%€0.02mwithin the sector's middle half▲ 9.0%
Equity€0.04mbelow the sector's middle half-€0.08mbelow the sector's middle half▲ 84.4%€0.1mbelow the sector's middle half▲ 39.4%€0.1mwithin the sector's middle half▲ 28.2%€0.2mwithin the sector's middle half▲ 11.3%€0.2mwithin the sector's middle half▲ 12.3%
Total assets€0.6mwithin the sector's middle half-€0.6mwithin the sector's middle half▼ 3.7%€0.6mwithin the sector's middle half▲ 1.1%€0.6mwithin the sector's middle half▼ 0.6%€0.6mwithin the sector's middle half▲ 6.7%€1.1mwithin the sector's middle half▲ 82.2%
Debt€0.6m-€0.5m▼ 10.3%€0.5m▼ 4.7%€0.4m▼ 7.0%€0.5m▲ 5.3%€1.0m▲ 105%
Working capital-€0.3mbelow the sector's middle half--€0.3mbelow the sector's middle half▼ 3.7%-€0.3mbelow the sector's middle half▼ 4.1%-€0.3mbelow the sector's middle half▼ 4.2%-€0.3mbelow the sector's middle half▼ 4.3%-€0.9mbelow the sector's middle half▼ 152%
Solvency6.9%below the sector's middle half-13.3%below the sector's middle half▲ 6.3pp18.3%below the sector's middle half▲ 5.0pp23.6%below the sector's middle half▲ 5.3pp24.6%below the sector's middle half▲ 1.0pp15.1%below the sector's middle half▼ 9.4pp
Current ratio0.11below the sector's middle half-0.03below the sector's middle half▼ 0.080.05below the sector's middle half▲ 0.020.04below the sector's middle half▼ 0.010.13below the sector's middle half▲ 0.090.06below the sector's middle half▼ 0.07
Return on assets (ROA)3.6%within the sector's middle half-6.1%within the sector's middle half▲ 2.5pp5.2%within the sector's middle half▼ 0.9pp5.2%within the sector's middle half=2.8%within the sector's middle half▼ 2.4pp1.7%within the sector's middle half▼ 1.1pp
Staff (FTE)0below the sector's middle half0within the sector's middle half
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: 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 €1.1m
Fixed assets €1.1m ▲ 88.6%
Current assets €58,461 ▲ 13.1%
Equity and liabilities €1.1m
Equity €170,012 ▲ 12.3%
Debt €952,941 ▲ 105%
Debt's share of the balance-sheet total rises from 75.4% to 84.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
5.61▲
2024 · 3.07
ROE
10.9%▼
2024 · 11.3%
Debt ≤ 1 year
€930,459▲
2024 · €397,498
Debt > 1 year
€10,715▼
2024 · €53,572
Income taxes
€6,459▲
2024 · €5,968
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.6m€1.1m▲
Fixed assets21/28€0.6m€1.1m▲
Tangible fixed assets22/27€0.003m€0.003m=
Plant, machinery and equipment23€0.003m€0.003m=
Financial fixed assets28€0.6m€1.1m▲
Current assets29/58€0.05m€0.06m▲
Amounts receivable within one year40/41€0.04m€0.05m▲
Trade receivables40€0.03m€0.05m▲
Other amounts receivable41€0.009m€0.009m▼
Cash at bank and in hand54/58€0.01m€0.002m▼
Deferred charges and accrued income490/1€0.002m€0.002m▲
Equity and liabilities
Total equity and liabilities10/49€0.6m€1.1m▲
Equity10/15€0.2m€0.2m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.1m€0.1m▲
Distributable reserves133€0.1m€0.1m▲
Profit (loss) carried forward14€0.001m€0.01m▲
Amounts payable17/49€0.5m€1.0m▲
Amounts payable after more than one year17€0.05m€0.01m▼
Financial debts170/4€0.05m€0.01m▼
Amounts payable within one year42/48€0.4m€0.9m▲
Current portion of amounts payable after more than one year42€0.04m€0.04m▼
Financial debts43€0.005m€0.005m▼
Credit institutions430/8€0.005m€0.005m▼
Trade debts44€0.006m€0.005m▼
Suppliers440/4€0.006m€0.005m▼
Advances received on contracts in progress46€0.04m€0.06m▲
Taxes, remuneration and social security45€0.01m€0.01m▼
Taxes450/3€0.007m€0.008m▲
Remuneration and social security454/9€0.006m€0.003m▼
Other amounts payable47/48€0.3m€0.8m▲
Accrued charges and deferred income492/3€0.01m€0.01m▼
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▼
Gross operating margin9900€0.04m€0.04m▲
Operating profit (loss)9901€0.04m€0.04m▲
Financial income75/76B€7€27▲
Recurring financial income75€7€27▲
Financial charges65/66B€0.02m€0.02m▼
Recurring financial charges65€0.02m€0.02m▼
Profit (loss) for the period before taxes9903€0.02m€0.03m▲
Income taxes67/77€0.006m€0.006m▲
Profit (loss) for the period9904€0.02m€0.02m▲
Profit (loss) for the period to be appropriated9905€0.02m€0.02m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.02m€0.02m▼
Profit (loss) brought forward from the previous period14P€0.006m€0.001m▼
Transfer to equity691/2€0.02m€0.01m▼
To other reserves6921€0.02m€0.01m▼
Profit to be distributed694/7€0.002m€0▼
Return on contributions (dividend)694€0.002m€0▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Non-recurring operating income76A--€1,658€0---
Other operating charges640/8-€1,450€938€863€1,221€771▼ 36.9%
Gross operating margin9900€38,202€53,493€46,388€47,442€40,571€41,024▲ 1.1%
Operating profit (loss)9901€37,155€52,043€45,450€46,579€39,350€40,254▲ 2.3%
Financial income75/76B-€0-€10€7€27▲ 281%
Recurring financial income75€11€0-€10€7€27▲ 281%
Financial charges65/66B-€4,048€4,355€6,402€16,309€15,206▼ 6.8%
Recurring financial charges65€5,653€4,048€4,355€6,402€16,309€15,206▼ 6.8%
Profit (loss) for the period before taxes9903€31,514€47,996€41,095€40,187€23,047€25,074▲ 8.8%
Income taxes67/77€10,239€13,152€11,113€10,301€5,968€6,459▲ 8.2%
Profit (loss) for the period9904€21,275€34,844€29,981€29,885€17,079€18,615▲ 9.0%
Profit (loss) for the period to be appropriated9905€21,275€34,844€29,981€29,885€17,079€18,615▲ 9.0%
Line202020212022202320242025Change
Assets
Total assets20/58€0.6m€0.6m€0.6m€0.6m€0.6m€1.1m▲ 82.2%
Fixed assets21/28€0.6m€0.6m€0.6m€0.6m€0.6m€1.1m▲ 88.6%
Tangible fixed assets22/27-€0.003m€0.003m€0.003m€0.003m€0.003m=
Plant, machinery and equipment23-€0.003m€0.003m€0.003m€0.003m€0.003m=
Financial fixed assets28€0.6m€0.6m€0.6m€0.6m€0.6m€1.1m▲ 89.1%
Current assets29/58€0.04m€0.01m€0.02m€0.01m€0.05m€0.06m▲ 13.1%
Amounts receivable within one year40/41€0.01m€0.005m€0.008m€0.006m€0.04m€0.05m▲ 36.2%
Trade receivables40-€0.003m€0.004m€0.001m€0.03m€0.05m▲ 48.5%
Other amounts receivable41-€0.002m€0.004m€0.005m€0.009m€0.009m▼ 5.4%
Cash at bank and in hand54/58€0.01m€0.004m€0.007m€0.006m€0.01m€0.002m▼ 76.8%
Deferred charges and accrued income490/1-€0.001m€0.002m€0.002m€0.002m€0.002m▲ 3.9%
Equity and liabilities
Total equity and liabilities10/49€0.6m€0.6m€0.6m€0.6m€0.6m€1.1m▲ 82.2%
Equity10/15€0.04m€0.08m€0.1m€0.1m€0.2m€0.2m▲ 12.3%
Contributions10/11-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.02m€0.05m€0.08m€0.1m€0.1m€0.1m▲ 7.7%
Distributable reserves133-€0.05m€0.08m€0.1m€0.1m€0.1m▲ 7.7%
Profit (loss) carried forward14€0.001m€0.006m€0.006m€0.006m€0.001m€0.01m▲ 617%
Amounts payable17/49€0.6m€0.5m€0.5m€0.4m€0.5m€1.0m▲ 105%
Amounts payable after more than one year17€0.2m€0.2m€0.1m€0.1m€0.05m€0.01m▼ 80.0%
Financial debts170/4-€0.2m€0.1m€0.1m€0.05m€0.01m▼ 80.0%
Amounts payable within one year42/48€0.3m€0.3m€0.3m€0.3m€0.4m€0.9m▲ 134%
Current portion of amounts payable after more than one year42-€0.04m€0.04m€0.04m€0.04m€0.04m▼ 2.1%
Financial debts43--€0.009m€0.005m€0.005m€0.005m▼ 0.5%
Credit institutions430/8--€0.009m€0.005m€0.005m€0.005m▼ 0.5%
Trade debts44€0.003m€0.001m€0.004m€0.004m€0.006m€0.005m▼ 22.3%
Suppliers440/4-€0.001m€0.004m€0.004m€0.006m€0.005m▼ 22.3%
Advances received on contracts in progress46--€0.001m€0€0.04m€0.06m▲ 47.5%
Taxes, remuneration and social security45-€0.02m€0.01m€0.008m€0.01m€0.01m▼ 17.3%
Taxes450/3-€0.02m€0.006m€0.008m€0.007m€0.008m▲ 8.6%
Remuneration and social security454/9-€0€0.006m€0€0.006m€0.003m▼ 51.0%
Other amounts payable47/48-€0.3m€0.3m€0.3m€0.3m€0.8m▲ 179%
Accrued charges and deferred income492/3-€420€0.001m€368€0.01m€0.01m▼ 14.2%
Line202020212022202320242025Change
Profit (loss) for the period9904€21,275€34,844€29,981€29,885€17,079€18,615▲ 9.0%
Operating cash flow (approximation)€21,275€34,844€29,981€29,885€17,079€18,615▲ 9.0%
Investment in fixed assets (approximation)--€3,450€0€0€0-€500,000-
Change in cash--€9,888€3,156-€1,392€4,346-€7,681-

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

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Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 abbreviated format 28-08-2026 2026-00484904
31-12-2024 abbreviated format 26-08-2025 2025-00415160
31-12-2023 abbreviated format 04-07-2024 2024-00214436
31-12-2022 abbreviated format 28-08-2023 2023-00371499
31-12-2021 abbreviated format 24-08-2022 2022-20338530
31-12-2020 abbreviated format 30-08-2021 2021-59700161

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