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MULTIFAN BELGIUM

Active
Public limited companyfounded 1976active for 50 yearsKrommewege 84, 9990 Maldegem, BelgiumKBO/BCE: BE 0416.828.794
Summary

MULTIFAN BELGIUM has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €761,928 and a net result of €12,899. Equity is growing by about 4% per year across the filed financial years. Its solvency ranks better than 82% of 382 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28250Manufacture of machinery and equipment not elsewhere classified NACE 28930
7th oldest company in Maldegem, Manufacturing sector1 site
Size
€1.1mtotal assets 2025
Staff
5.1 FTE
Equity
€761,928
Profit
€12,899
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
DOMAPO · 99.94%
Accounts filed 59 days late0 of 9 deeds read
Why 85raises riskLatest accounts 59 days late; 1 of the last 3 lateLiquidity: current ratio 2.86, cash €22,646lowers riskFounded in 1976Size: 5.1 FTE, total assets €1.1mShow the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 28, micro)
Financial strength · tick = 2024
Strong
Solvency 91-9
equity 66.3% of total assets
Liquidity 39-9
short-term debt 32.1% · cash 2.0%
Profitability 70-6
return on assets 1.1%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (979 companies, NACE 28, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.3%▲ +0.2 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.3 percentage points vs 09-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.86, compared with 4.4 in 2024, above the usual 1.5; short-term debt: 32.1% and cash: 2% of total assets), and 33.7% 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 28, micro): better than 69% on solvency, 28% on liquidity, 42% on profitability and 42% on growth.

The bankruptcy probability was computed on 17-10-2026 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
lowers risk · Founded in 1976
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 59 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 2.86, cash €22,646
NBB · annual accounts
lowers risk · Size: 5.1 FTE, total assets €1.1m
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 28-09-2026, 59 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 · 10 filings
Deviation from the deadline
2025
59 days late
2024
28 days late
2023
28 days late
2022
58 days late
2021
16 days early
2020
9 days early
2019
55 days 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 29 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% 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 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet €12,899 ▼76.5%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: 7th oldest company in Maldegem, Manufacturing sectorin the Checked rankings No. 7 View
  • Positive: 8 profitable years in a rowprofit 2025: €12,899 8 years View
  • Controlled by DOMAPO 99.94% View
  • Active since 1976founded 01-10-1976 50 years View

By topic

Financials

Financial year
2025
Total assets
€1.1m
Profit
€12,899
Solvency
66.3%
Total assets▲ 17.6%
Net result
20182025
Go to Financials

Timeline

Events
51
Since
1978
Next accounts
by 31-07-2027
  1. 28-08-2024Annual accounts filed
  2. 27-09-2023Annual accounts filed
  3. 15-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28250
Founded
01-10-1976
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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