MULTIFOOD
ActiveSummary
MULTIFOOD has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €92k and a net result of €-16k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 94% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-36
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 9.92 against 47.24 in 2023; short-term debt: 10.1% and cash: 13.7% of total assets), and 10.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
89.9%
Return on assets
-15.5%
Age of the figures
21 mo
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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-16k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
57 d late
2022
133 d late
2021
3 d early
2020
361 d late
2019
62 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€92k▼ 14.7%
2023 · €108k
2019: €100k
2020: €99k▼ -1.2% vs 2019
2021: €104k▲ +4.6% vs 2020
2022: €109k▲ +4.9% vs 2021highest in 6 years
2023: €108k▼ -0.8% vs 2022
2024: €92k▼ -14.7% vs 2023lowest in 6 years
2019 → 2024
Total assets
€102k▼ 7.1%
2023 · €110k
2019: €102k
2020: €101k▼ -1.3% vs 2019lowest in 6 years
2021: €104k▲ +2.5% vs 2020
2022: €110k▲ +6.4% vs 2021highest in 6 years
2023: €110k● -0.0% vs 2022
2024: €102k▼ -7.1% vs 2023
2019 → 2024
Net result
€-16k▼ 1,783%
2023 · €-842
2019: €13khighest in 6 years
2020: €-1k▼ -109% vs 2019
2021: €5k▲ +475% vs 2020
2022: €5k▲ +11.1% vs 2021
2023: €-842▼ -117% vs 2022
2024: €-16k▼ -1783% vs 2023lowest in 6 years
2019 → 2024
Working capital
€92k▼ 14.7%
2023 · €108k
2019: €100k
2020: €99k▼ -1.2% vs 2019
2022: €109khighest value
2023: €108k▼ -0.8% vs 2022
2024: €92k▼ -14.7% vs 2023lowest value
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€99k-€104k▲ 4.6%€109k▲ 4.9%€108k▼ 0.8%€92k▼ 14.7%
2020: €99k
2021: €104k▲ +4.6% vs 2020
2022: €109k▲ +4.9% vs 2021highest in 5 years
2023: €108k▼ -0.8% vs 2022
2024: €92k▼ -14.7% vs 2023lowest in 5 years
Operating result€-943-€7k€5k▼ 29.0%€11k▲ 112%€-19k
2020: €-943
2021: €7k▲ +889% vs 2020
2022: €5k▼ -29.0% vs 2021
2023: €11k▲ +112% vs 2022highest in 5 years
2024: €-19k▼ -273% vs 2023lowest in 5 years
Net result€-1k-€5k€5k▲ 11.1%€-842€-16k▼ 1,783%
2020: €-1k
2021: €5k▲ +475% vs 2020
2022: €5k▲ +11.1% vs 2021highest in 5 years
2023: €-842▼ -117% vs 2022
2024: €-16k▼ -1783% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €19k after €11k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €102k
Equity
€92k ▼ 14.7%
Debt
€10k ▲ 342%
Debt's share of the balance-sheet total rises from 2.1% to 10.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
9.92▼
2023 · 47.24
Quick ratio
8.13▼
2023 · 32.92
Debt to equity
0.11▲
2023 · 0.02
ROE
-17.2%▼
2023 · -0.8%
ROA
-15.5%▼
2023 · -0.8%
Debt ≤ 1 year
€10k▲
2023 · €2k
Staff costs
€282
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€110k€102k▼
Current assets29/58€110k€102k▼
Stocks and contracts in progress3€33k€18k▼
Stocks30/36€33k€18k▼
Amounts receivable within one year40/41€70k€70k▼
Other amounts receivable41€70k€70k▼
Cash at bank and in hand54/58€6k€14k▲
Equity and liabilities
Total equity and liabilities10/49€110k€102k▼
Equity10/15€108k€92k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€97k€97k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€96k€96k=
Profit (loss) carried forward14€4k€-12k▼
Amounts payable17/49€2k€10k▲
Amounts payable within one year42/48€2k€10k▲
Trade debts44€895€9k▲
Suppliers440/4€895€9k▲
Taxes, remuneration and social security45€1k€1k=
Taxes450/3€1k€1k=
Income statement
Code20232024
Remuneration, social security and pensions62-€282
Other operating charges640/8€4k€2k▼
Gross operating margin9900€15k€-17k▼
Operating profit (loss)9901€11k€-19k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€234€234▲
Recurring financial charges65€234€234▲
Profit (loss) for the period before taxes9903€14k€-16k▼
Income taxes67/77€15k-
Profit (loss) for the period9904€-842€-16k▼
Profit (loss) for the period to be appropriated9905€-842€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-12k▼
Profit (loss) brought forward from the previous period14P€5k€4k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €282 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23 | - | - | - | - | - |
| Other operating charges640/8 | €2k | €2k | €3k | €4k | €2k | ▼ 37.1% |
| Gross operating margin9900 | €891 | €9k | €8k | €15k | €-17k | ▼ 213% |
| Operating profit (loss)9901 | €-943 | €7k | €5k | €11k | €-19k | ▼ 273% |
| Financial income75/76B | - | - | - | €3k | €4k | ▲ 23.4% |
| Recurring financial income75 | - | - | - | €3k | €4k | ▲ 23.4% |
| Financial charges65/66B | €277 | €206 | €207 | €234 | €234 | ▲ 0.1% |
| Recurring financial charges65 | €277 | €206 | €207 | €234 | €234 | ▲ 0.1% |
| Profit (loss) for the period before taxes9903 | €-1k | €7k | €5k | €14k | €-16k | ▼ 214% |
| Income taxes67/77 | - | €3k | - | €15k | - | - |
| Profit (loss) for the period9904 | €-1k | €5k | €5k | €-842 | €-16k | ▼ 1,783% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €5k | €5k | €-842 | €-16k | ▼ 1,783% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101k | €104k | €110k | €110k | €102k | ▼ 7.1% |
| Current assets29/58 | €101k | €104k | €110k | €110k | €102k | ▼ 7.1% |
| Stocks and contracts in progress3 | €36k | €37k | €41k | €33k | €18k | ▼ 44.9% |
| Stocks30/36 | €36k | €37k | €41k | €33k | €18k | ▼ 44.9% |
| Amounts receivable within one year40/41 | €60k | €63k | €64k | €70k | €70k | ▼ 0.6% |
| Other amounts receivable41 | €60k | €63k | €64k | €70k | €70k | ▼ 0.6% |
| Cash at bank and in hand54/58 | €5k | €4k | €5k | €6k | €14k | ▲ 116% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101k | €104k | €110k | €110k | €102k | ▼ 7.1% |
| Equity10/15 | €99k | €104k | €109k | €108k | €92k | ▼ 14.7% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | €6k | €6k | €6k | €6k | €6k | = |
| Issued capital100 | €19k | €19k | €19k | €19k | €19k | = |
| Uncalled capital101 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €2k | €97k | €97k | €97k | €97k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €96k | €96k | €96k | €96k | = |
| Profit (loss) carried forward14 | €91k | - | €5k | €4k | €-12k | ▼ 374% |
| Amounts payable17/49 | €2k | - | €2k | €2k | €10k | ▲ 342% |
| Amounts payable within one year42/48 | €2k | - | €2k | €2k | €10k | ▲ 342% |
| Trade debts44 | €2k | - | €63 | €895 | €9k | ▲ 892% |
| Suppliers440/4 | €2k | - | €63 | €895 | €9k | ▲ 892% |
| Taxes, remuneration and social security45 | - | - | €1k | €1k | €1k | = |
| Taxes450/3 | - | - | €1k | €1k | €1k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1k | €5k | €5k | €-842 | €-16k | ▼ 1,783% |
| + Depreciation and write-downs630 | €23 | - | - | - | - | - |
| Operating cash flow (approximation) | €-1k | €5k | €5k | €-842 | €-16k | ▼ 1,783% |
| Change in cash | - | €-984 | €1k | €1k | €8k | ▲ 589% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 361 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Equity above €100kEq €104k ▲4.6%
Equity rises from €99k to €104k.
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
07-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 160 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 144 days late
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Antwerpen · 1 establishment unit since 2009
Ground area
189 m²
Building footprint
122 m²
Volume, LiDAR
2,279 m³
Parcel 11811L3849/00H000, Flanders · tallest building 19.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Multifood
since 20092.176.628.629
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3849/00H000 | Flanders | 189 m² | 1 · 122 m² | 19.7 m · 6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.176.628.629
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,851. 4,654 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.