Debts
Of this, €17,104 falls due within a year.
Of this, €17,104 falls due within a year.
Green is investment, beige is depreciation.
Less equity than 85% of companies in building services and landscaping. Sector median €44,713 · 5,734 companies.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).
About 2 in 100 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 81, micro). It does better than 22% of them on solvency, 9% on liquidity, 4% on profitability and 8% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 1,207 companies had the same profile as MultiFonctions has now. Each dot stands for 4 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MultiFonctions itself: 1.5% 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 1,207 companies, not a prediction for MultiFonctions. 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.
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.08 (1.17 in 2024), below the usual 1.5. Short-term debt is 82.1% and cash 7% of total assets. 84.7% 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 3 accounts on average 57 days before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| MultiFonctions Jodoigne | €20,829 | -€1,771 | 15.3% | - |
| JUNGLE ZERO Linkebeek | €17,100 | -€6,667 | -182.4% | - |
| PROTEC UP Vilvoorde | €34,784 | -€316 | 89.0% | - |
| TASKCREW Machelen (Brab.) | €46,091 | -€6,218 | -9.3% | - |
| GS TERRASSEMENT Grez-Doiceau | €33,068 | €4,914 | -1.8% | - |
| AL. PROPERTIES Beersel | €54,627 | €4,141 | 2.6% | - |
| IVVO Construct Mechelen | €12,763 | €6,359 | 72.5% | - |
These companies have the same main activity as MultiFonctions: combined facilities support activities (NACE 81100). They are comparable in size and age: total assets between €12,800 and €54,600, founded between 2021 and 2025.
MultiFonctions files the micro format. That format states no turnover. The gross margin fell from €5,587 in 2023 to -€1,771 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 23% of 5,728 companies in 2025.
Higher than 34% of 5,589 companies in 2025.
Higher than 8% of 5,615 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
20,829 | 26,424 | 22,648 | |
21/28 |
2,349 | 8,141 | 10,308 | |
22/27 |
2,149 | 7,941 | 10,308 | |
23 |
533 | 1,077 | 983 | |
24 |
81 | 198 | 316 | |
25 |
1,536 | 6,666 | 9,009 | |
28 |
200 | 200 | - | |
29/58 |
18,480 | 18,283 | 12,340 | |
40/41 |
16,434 | 16,122 | 10,312 | |
40 |
1,225 | 2,867 | 558 | |
41 |
15,209 | 13,255 | 9,754 | |
54/58 |
1,450 | 1,662 | 1,942 | |
490/1 |
596 | 499 | 86 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
20,829 | 26,424 | 22,648 | |
10/15 |
3,191 | 7,587 | 2,127 | |
14 |
3,191 | 7,587 | 2,127 | |
17/49 |
17,638 | 18,837 | 20,521 | |
17 |
534 | 3,155 | 6,141 | |
170/4 |
534 | 3,155 | 6,141 | |
42/48 |
17,104 | 15,682 | 14,381 | |
42 |
900 | - | - | |
43 |
- | 2,972 | 3,230 | |
430/8 |
- | 2,972 | 3,230 | |
44 |
12,121 | 7,352 | 6,436 | |
440/4 |
12,121 | 7,352 | 6,436 | |
45 |
4,083 | 2,779 | 4,715 | |
450/3 |
2,583 | 2,779 | 1,715 | |
454/9 |
1,500 | - | 3,000 | |
47/48 |
- | 2,579 | - | |
| Income statement | ||||
76A |
2,939 | - | - | |
9900 |
-1,771 | 11,326 | 5,587 | |
630 |
1,274 | 2,916 | 1,895 | |
640/8 |
158 | 564 | 72 | |
9901 |
-3,203 | 7,845 | 3,619 | |
75/76B |
46 | 273 | 42 | |
75 |
46 | 273 | 42 | |
65/66B |
849 | 548 | 374 | |
65 |
849 | 548 | 374 | |
9903 |
-4,005 | 7,571 | 3,287 | |
67/77 |
391 | 2,110 | 1,160 | |
9904 |
-4,397 | 5,460 | 2,127 | |
9905 |
-4,397 | 5,460 | 2,127 | |
| Appropriation of the result | ||||
9906 |
3,191 | 7,587 | 2,127 | |
14P |
7,587 | 2,127 | - | |
| Document | ||||
The notes to these accounts have 11 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 09-06-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -1,929 | 10,761 | 5,514 | ||
| -3,122 | 8,376 | 4,022 | ||
| 2,450 | 750 | 12,203 | ||
| -212 | -280 | - | ||
| 1,376 | 2,601 | -2,040 | ||
| 15.3% | 28.7% | 9.4% | ||
| 1.08 | 1.17 | 0.86 | ||
| 5.53 | 2.48 | 9.65 | ||
| -137.8% | 72.0% | 100.0% | ||
| -21.1% | 20.7% | 9.4% | ||
| -2.27 | 19.64 | 14.74 |
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €2,450 | €550 | €11,979 |
| Intangible fixed assets | - | - | €224 |
| Financial fixed assets | - | €200 | - |
| €1,274 | €2,916 | €1,895 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €3,203, after a profit of €7,845 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total rises from 71.3% to 84.7%. Equity and debt are lower.
MultiFonctions has no parent and no holdings in its annual accounts.
See the function holders in the KBO register.
Deadline for the 2026 accounts: 31-07-2027
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 |
|---|---|---|
| Sentier de Long du Tram (Dong.) 5 registered office 1370 Jodoigne | 01-06-2023 | 2.346.863.530 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25027B0337/00P000 | 422 m² | 1 · 89 m² | 8.3 m · 2 |
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. Use the enterprise number 0801.743.206
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