Equity
€4.3m ▲ 2.5%
MULTIFORM paid out €400,000 in dividends in a year with a loss of €38,262.
MULTIFORM
Lifetime
20 annual accounts with figures on one time axis, 39 filings since 1987peak €2.5m (2018)
€1.2m▼ 16.5%
lowest -€72,437 (2020)
-€38,262▼ €105,182
peak €4.3m (2025)
€4.3m▲ 2.5%
€6.1m▲ 13.4%
peak 20.5 FTE (2016)
13.7 FTE▼ 10.5%
Board5 names since 2016
2 directors and 1 other
Owners2 names in the annual accounts
99.47%
Documentsfilings and deeds
04-05-202688 days before the deadline
2025financial year
Gross margin from €1.5m to €1.2mLoss of €38,262Staff from 15.3 FTE to 13.7 FTEDividend €400,000Cash from €7,304 to €145,418
Key points
from the 2025 annual accountsResult
-€38,262 -€38,262
From profit to loss in 2025, after a profit of €66,920 in 2024.
Staff
13.7 FTE from 20.5 in 2016
Between 2016 and 2025, 33% of the full-time equivalents disappeared.
Liquidity
2.31 was 0.96 in 2024
Short-term debts fell from €1.9m to €1.6m.
Filings
39 annual accounts since 1987
The last five annual accounts were filed 70 to 93 days before the end of the period.
Position in the sector
-€38,262
Lower net result than 85% of companies in wholesale trade. Sector median €266,523 · 3,700 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,613 companies had the same profile as MULTIFORM has now. Each dot stands for 22 companies, two years later.
94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% 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 8,613 companies, not a prediction for MULTIFORM. 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
Credit check for an amount and term of your choice
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.
Signals
Board and ownership
Managing director,
Director, , since 17-11-2022
- 99.47%equity €2.0m (2025) · 28-12-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0430457789
2 directors appointed, 1 resignation
Resignation: · Appointments: (director) and (director) · Permanent representatives: and · Gazette deed
Resignation: (director)
“Le triage et le découpage des panneaux agglomérés et/ou tout autre sorte de panneaux,dans le sens le plus…” (deed in French) · Gazette deed
1 director appointed, 2 reappointments
Reappointments: and · Permanent representative: · Appointment: (managing director) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MULTIFORM Estaimpuis | €10.6m | €1.2m | 40.3% | 13.7 |
| Denderwood Erpe-Mere | €10.7m | €1.1m | 62.3% | 8.3 |
| WILLEMS BOIS Verviers | €13.9m | €2.3m | 20.5% | 15.5 |
| LA BOISERIE Binche | €6.5m | €2.0m | 44.2% | 23.8 |
| HOUT DE GROOTE Lokeren | €7.2m | €1.4m | 53.0% | 8.9 |
| HOUTHANDEL VERCRUYSSE Wevelgem | €6.9m | €1.3m | 65.1% | 8.6 |
| Vereal Wood Gouvy | €9.8m | €1.7m | -17.6% | 10.9 |
These companies have the same main activity as MULTIFORM: wholesale of timber (NACE 46832). They are comparable in size and age: total assets between €6.5m and €14m, founded between 1972 and 1990.
Official details
Source: KBO- Status
- Active since 06-02-1987Normal situation
- Activity
- Wholesale of timberNACE 46832and 2 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 125.02Wood industry · annual accounts 2025
- Establishment unit
- 2.282.455.9267730 Estaimpuis, since 15-11-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- ≈ €5.2mestimated
- €10.6m▲ 8.3%
- Employeeson 31-12-2025
- 13▼ 13.3%
- Filing
- Filed on 04-05-2026, 88 days before the end of the filing period
Insights on MULTIFORM
MULTIFORM has existed since 1987. In 2015 the gross margin rose from €550,015 to €1.4m and staff from 6.8 to 19.5 full-time equivalents.
The gross margin has fallen every year since 2021.
holds 99.47% of the shares.
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 MULTIFORM
- What is the company number of MULTIFORM?
- The company number of MULTIFORM is 0430.457.789. The VAT number is the same number with BE in front: BE 0430.457.789.
- Where is MULTIFORM based?
- The registered office is at Porte des Bâtisseurs 32, 7730 Estaimpuis.Company details
- What does MULTIFORM do?
- According to the KBO register, the main activity is wholesale of timber (NACE 46832).
- What is the legal form of MULTIFORM?
- MULTIFORM is a public limited company (NV).
- When was MULTIFORM founded?
- MULTIFORM was founded on 06-02-1987.
- Is MULTIFORM still active?
- Yes, MULTIFORM is an active enterprise in the KBO register.
- How many employees does MULTIFORM have?
- MULTIFORM had an average of 13.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MULTIFORM fall under?
- In its 2025 annual accounts, MULTIFORM states joint committees 200 (Auxiliary committee for white-collar workers) and 125.02 (Wood industry).
- What is the turnover of MULTIFORM?
- The turnover in financial year 2025 is ≈ €5.2m. This figure is estimated from the gross margin of €1.2m and 98 comparable companies (NACE 46). It probably lies between €3.1m and €8.8m.
- Is MULTIFORM profitable?
- In financial year 2025, MULTIFORM made a loss of €38,262.
- Where can I find the annual accounts of MULTIFORM?
- MULTIFORM filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MULTIFORM due?
- MULTIFORM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.