Losses
-€16,701 in two years
The 2023 and 2024 financial years closed with a loss. 2024 was the heaviest.
MULTIFOOD
Lifetime
14 annual accounts with figures on one time axispeak €43,786 (2014)
-€16,737▼ €31,604
lowest -€15,859 (2024)
-€15,859▼ €15,017
peak €108,683 (2022)
€91,982▼ 14.7%
€10,316▲ 342%
peak 0.5 FTE (2014)
-not published
Board4 names since 2016
2 directors and 1 other
Documentsfilings and deeds
28-08-202528 days late
2024micro format
Gross margin from €14,867 to -€16,737Loss of €15,859Equity from €107,840 to €91,982Debts from €2,332 to €10,316Cash from €6,479 to €14,017
Key points
from the 2024 annual accountsLiquidity
9.92 was 47.24 in 2023
Short-term debts rose from €2,332 to €10,316.
Filings
14 annual accounts 105 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,820 companies had the same profile as MULTIFOOD has now. Each dot stands for 13 companies, two years later.
87.9%
were still trading
10.0%
stopped another way
2.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,820 companies, not a prediction for MULTIFOOD. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0809125302
Amendment of the articles · Legal-form change
holds 100 shares · General meeting of 18-12-2023 · Gazette deed
1 director appointed, 2 resignations
Resignations: and · Appointment: · General meeting of 01-05-2021 · Gazette deed
Resignation: (manager)
Director discharge: (manager) · General meeting of 31-10-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MULTIFOOD Antwerp | €102,298 | -€16,737 | 89.9% | - |
| Huis Wynants Westerlo | €90,663 | -€22,336 | 94.8% | - |
| K.H ENTREPRISES Forest | €113,031 | -€31,251 | -0.2% | - |
| RAINBOW LINE Leuven | €110,750 | -€5,156 | 67.3% | - |
| La Débrouillardise Villageoise Meix-devant-Virton | €99,143 | -€1,026 | 28.7% | - |
| EMIRIM Waregem | €87,910 | -€1,570 | -102.2% | - |
| CREST CANDY Assenede | €81,215 | -€4,461 | 16.0% | - |
These companies have the same main activity as MULTIFOOD: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €81,200 and €113,000, founded between 2007 and 2011.
Official details
Source: KBO- Status
- Active since 14-01-2009Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Establishment unit
- 2.176.628.6292018 Antwerp, since 14-01-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 27-02-2026
Insights on MULTIFOOD
MULTIFOOD files the micro format. That format states no turnover. The gross margin fell from €8,354 in 2010 to -€16,737 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MULTIFOOD
- What is the company number of MULTIFOOD?
- The company number of MULTIFOOD is 0809.125.302. The VAT number is the same number with BE in front: BE 0809.125.302.
- Where is MULTIFOOD based?
- The registered office is at Brederodestraat 118 A, 2018 Antwerp.Company details
- What does MULTIFOOD do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of MULTIFOOD?
- MULTIFOOD is a private limited company (BV).
- When was MULTIFOOD founded?
- MULTIFOOD was founded on 14-01-2009.
- Is MULTIFOOD still active?
- Yes, MULTIFOOD is an active enterprise in the KBO register.
- What is the turnover of MULTIFOOD?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is MULTIFOOD profitable?
- In financial year 2024, MULTIFOOD made a loss of €15,859.
- Where can I find the annual accounts of MULTIFOOD?
- MULTIFOOD filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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