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Multiful

Active Private limited companyfounded 2006active for 20 yearsKoningin Fabiolalaan 7, 2990 WuustwezelKBO/BCE: BE 0880.251.145

Overview

Lifetime

19 annual accounts with figures on one time axis
peak €126,015 (2007)
€3,958▼ 62.2%
lowest -€30,860 (2012)
€1,906▼ 73.3%
peak €21,427 (2007)
€12,595▼ 14.3%
€20,337▲ 23.9%
peak 1.9 FTE (2008)
-not published
Board2 names since 2020
1 directorMortelmans Frank
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €10,458 to €3,958Result from €7,130 to €1,906Dividend €4,000Equity from €14,689 to €12,595Debts from €16,413 to €20,337Investments €7,000

Key points

from the 2025 annual accounts

Equity

€12,595 ▼ 14.3%
14,6892024+1,906Profit-4,000Dividend12,5952025

Multiful paid out €4,000 in dividends. That is 210% of the 2025 profit.

Investments

€7,000 9.1 × depreciation
20242025

Green is investment, beige is depreciation.

Filings

19 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

Six of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.

Checked score

88
Excellent
Financially stronger than 36% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 11,229 companies (NACE 73, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.3 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

63-9equity 38.2% of total assets
44+3short-term debt 39.7% · cash 10.3%
76-21return on assets 5.8%

Score breakdown

raises risk
Last filed accounts filed 24 days late
lowers risk
Founded in 2006
Figures for financial year 2025 (filed on 24-08-2026)
Sector: Advertising, market research and public relations activities (NACE 73)
Calculation

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 73, micro). It does better than 40% of them on solvency, 28% on liquidity, 48% on profitability and 27% on growth.

The bankruptcy probability was computed on 07-11-2026 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 very low class on 30-06-2025, 0.1% 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).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as Multiful has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Multiful itself: 0.2% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,368 companies, not a prediction for Multiful. 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 of up to €1,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.94 (2.11 in 2024), above the usual 1.5. Short-term debt is 39.7% and cash 10.3% of total assets. However, 61.8% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises risk
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 24-08-2026)
NBB · annual accounts
lowers risk · Sector: Advertising, market research and public relations activities (NACE 73)
KBO
raises risk · Last filed accounts filed 24 days late
NBB · filings
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
24 days late
2024
1 day early
2023
28 days late
2022
1 day early
2021
30 days late
2020
2 days early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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 24 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MF
Mortelmans Frank
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0880251145
Company renamed from FM GRAPHICS to Multiful “1) Opmaak van drukwerk (brochures,flyers,posters,kaartjes,verpakkingen,T-shirts,enzovoort);Creatie van logo’s…” (deed in Dutch) · Gazette deed
Registered office moved from Hoogstraten to Loenhout New registered office: Koningin Fabiolalaan 7 te 2990 Loenhout · Previous registered office: Veilingstraat 11 te 2320 Hoogstraten · Board meeting of 19-03-2020 · Gazette deed
First establishment -, Koningin Fabiolalaan 7, Wuustwezel
All 30 events

Comparable companies

same main activity, similar in size and age
Company
Multiful Wuustwezel €32,932 €3,958 38.2% -
CREALIGHT EUROPE Nazareth €36,684 €3,801 56.5% -
SCALDIA STARS Antwerp €40,515 €3,811 69.1% -
XL DIGITAL Antwerp €24,884 €3,508 56.0% -
J.P.S. Folderbedeling Turnhout €29,862 €5,321 87.2% -
JOHAN-LOU VERWIMP Nijlen €39,149 €2,660 -12.1% -
MoD EVENTS Antwerp €23,051 €4,028 82.1% -

These companies have the same main activity as Multiful: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €23,100 and €40,500, founded between 1999 and 2010.

Official details

Source: KBO
Status
Active since 27-03-2006Normal situation
Activity
Advertising agenciesNACE 73110
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2023
Establishment unit
2.152.943.8032990 Wuustwezel, since 18-04-2006
Financial year end
31 December
Peppol
Reachable since 25-11-2025
Company details

Annual accounts 2025

€3,958▼ 62.2%
≈ €22,000estimated
€1,906▼ 73.3%
€12,595▼ 14.3%
€32,932▲ 5.9%
Filing
Filed on 24-08-2026
Financials

Insights on Multiful

Multiful files the micro format. That format states no turnover. The gross margin fell from €126,015 in 2007 to €3,958 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 24-08-2026, 24 days late
€3,958
▼ 62.2%
€2,493
▼ 72.8%
€1,906
▼ 73.3%
€12,340
▼ 21.2%
38.2%
▼ 9.0 percentage points
1.94
▼ 0.16

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €22,000. Estimated: probably between €12,000 and €41,000.

Balance sheet

balance sheet total €32,932 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

38.2%

Higher than 38% of 8,611 companies in 2025.

1.94

Higher than 48% of 8,288 companies in 2025.

5.8%

Higher than 40% of 8,397 companies in 2025.

Multiful Middle half of the sector 80% of the sector Micro accounts in advertising and market research (NACE 73)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 32,93231,10225,45717,93522,29924,24019,88136,73045,30140,69335,38560,133155,192183,582152,592152,609161,446200,343201,178
21/28 7,5221,2911,8001,800-6,12312,42915,88613,8429,0556,56412,74292,493104,623103,215108,851121,846127,716148,909
21 -----6041,2081,8122,416--2,0902,8603,012588----
22/27 7,5221,291---5,3198,17111,0248,3766,0053,66410,60389,583101,561102,578108,802121,797127,666148,859
22 ------------70,56776,36782,16787,96795,114101,082105,367
23 5,410----4,3845,5276,6702,3132,9053,6539,11310,78513,58513,69214,17717,86520,05423,578
24 2,1121,291---6381,2751,9132,550-111,4903,8006,4922,3204,3456,4612,3439,975
26 -----2971,3692,4413,5133,100--4,4325,1174,3991,179---
28 --1,8001,800-2003,0503,0503,0503,0502,9005050505050505050
29/58 25,41029,81123,65716,13522,29918,1177,45120,84431,45931,63728,82147,39162,69978,96049,37743,75739,60072,62752,270
3 ------1263,4217,9509,06713,03317,52517,52520,0348,8285,472---
30/36 ------1263,4217,9509,06713,03317,52517,52520,0348,8285,472---
40/41 21,53925,95114,53913,77619,86313,60630914,75820,65120,59714,93227,57944,16445,86736,12733,35732,25070,73651,816
40 8,47617,3707,65313,77610,6859,4823099,9309,40120,26514,88427,57944,16444,43536,12732,53223,31953,95435,577
41 13,0648,5816,887-9,1784,124-4,82811,25033248--1,432-8258,93216,78216,240
54/58 3,3873,2608,5961,9662,0064,0285,019-1,0393928562,2281,01012,1614,4214,0047,3501,56335
490/1 4846005223934314831,9972,6651,8191,582-59-898-925-328419
Balance sheet: equity and liabilities
10/49 32,93231,10225,45717,93522,29924,24019,88136,73045,30140,69335,38560,133155,192183,582152,592152,609161,446200,343201,178
10/15 12,59514,68911,5594,70611,0685,297-10,360-20,641-27,243-28,806-48,973-49,310-34,324-11,74119,12012,12910,36510,28721,427
10/11 4,1004,1004,1004,10018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60017,50017,50017,50017,500
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ---------------1,1001,1001,1001,100
13 1,8601,8601,8601,8601,8604,8054,8054,8054,8054,8054,8054,8054,8054,8054,8051,8601,8601,8601,860
130/1 -----1,860-------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 -----1,860-------------
132 -----2,9452,9452,9452,9452,9452,9452,9452,9452,9452,945----
133 1,8601,8601,8601,8601,860--------------
14 6,6358,7295,599-1,254-9,392-18,108-33,766-44,046-50,648-52,212-72,378-72,716-57,730-35,146-4,286-7,231-8,995-9,0732,067
17/49 20,33716,41313,89813,22911,23118,94330,24157,37172,54469,49984,358109,443189,516195,323133,472140,480151,081190,056179,751
17 5,9001,0001,0001,0001,0002,25075025,42236,39339,10347,33354,286112,280127,23985,03593,749104,522115,093133,381
170/4 5,9001,0001,0001,0001,0002,25075025,42236,39339,10347,33354,286112,280127,23985,03593,749104,522115,093133,381
42/48 13,07014,14811,81811,1499,15115,67529,49131,09135,23330,39736,10653,48977,23667,84248,35146,61046,07674,38245,829
42 ------4,9378,2227,9597,7059,7847,20116,23815,7109,35110,77311,14519,35917,707
43 -------4,113-5,465--4,618--2,870-563205
430/8 -------4,113-5,465--4,618--2,870-563205
44 5,2768,2247,2773,6548736,2667,18811,76713,17812,19514,67120,52638,69438,83119,69018,56728,60435,09220,340
440/4 5,2768,2247,2773,6548736,2667,11411,76713,17812,19514,67120,52638,69438,83119,69018,56728,60435,09220,340
441 ------74------------
45 3,7935,9244,4767,1158,2788,93917,1886,9903,0955,0322,8468,22017,68213,30018,22314,4006,32719,3677,577
450/3 3,7933,6744,4767,1158,2788,93916,0675,0833,0955,0322,8462,1428,1724,17312,6026,4335584,388666
454/9 -2,250----1,1201,907---6,0789,5109,1275,6227,9675,76814,9796,911
47/48 4,000-65380-470178-11,000-8,80517,5425-1,087----
492/3 1,3671,2661,0801,0801,0801,018-858918-9181,668-24287121483581541
Income statement
76A -------2,090-593-13,2859267,8963,0053,2236,850--
9900 3,95810,4589,58112,80614,43323,83533,48725,1689,38826,30827,40643,88152,83139,93476,16874,06481,08590,472126,015
62 ------14,07110,8004331,27613,40849,38951,76655,73248,62748,22361,87866,29357,378
630 769309--1,4973,4563,4563,4562,9061,5341,5714,75215,01915,80314,41817,28716,98126,78445,676
640/8 6979906162,2673592164469197058994411,1911,9707928598541,5611,4312,861
66A ----4,626200---2509,291--------
9901 2,4939,1598,96610,5397,95119,96315,5159,9935,34522,34911,987-11,452-15,924-32,39412,2647,700665-4,03620,101
75/76B 2654453102881917038013062924129375231,1331,436766
75 654453102881917038013062924129375231,1331,436766
76B 200------------------
65/66B 3172421991691672792,0901,6723,1422,0062,48716,8417,4456,3245,6986,9378,5698,53813,993
65 3172421991691672792,0901,6723,1422,0062,48716,8417,4456,3245,6986,9378,5698,53813,993
9903 2,4429,3628,79810,3708,07219,70313,5948,3592,20320,344515-14,980-22,418-30,6929,6084,50978-11,1396,873
67/77 5352,2321,9462,2322,3014,0453,3141,75764017817861651683,7172,745-22,946
9904 1,9067,1306,8538,1385,77115,65710,2816,6021,56420,166338-14,986-22,583-30,8605,8911,76478-11,1403,927
789 ----2,945--------------
689 --------------2,945----
9905 1,9067,1306,8538,1388,71715,65710,2816,6021,56420,166338-14,986-22,583-30,8602,9451,76478-11,1403,927
Appropriation of the result
9906 10,63512,7295,599-1,254-9,392-18,108-33,766-44,046-50,648-52,212-72,378-72,716-57,730-35,146-4,286-7,231-8,995-9,0733,927
14P 8,7295,599-1,254-9,392-18,108--------------
691/2 ------------------1,860
6920 ------------------1,860
694/7 4,0004,000-----------------
694 4,0004,000-----------------
Social balance sheet
9087 ------10.40.10.30.311.11.8111.81.91.1
Hours worked1013 ------88966352364241,7261,8922,0821,8341,8992,8113,4642,671
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 24 days after the deadline. Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00418264.

Financial year Type Filed Reference Document
31-12-2025 micro format 24-08-2026 2026-00418264 PDF
31-12-2024 micro format 30-07-2025 2025-00344942 PDF
31-12-2023 micro format 28-08-2024 2024-00387372 PDF
31-12-2022 micro format 30-07-2023 2023-00298512 PDF
31-12-2021 micro format 30-08-2022 2022-20402546 PDF
31-12-2020 micro format 29-07-2021 2021-42200486 PDF
31-12-2019 micro format 31-08-2020 2020-50200478 PDF
31-12-2018 micro format 14-08-2019 2019-46400484 PDF
31-12-2017 micro format 31-08-2018 2018-57300535 PDF
31-12-2016 micro format 31-07-2017 2017-39400329 PDF
31-12-2015 abbreviated format 30-06-2016 2016-25600004 PDF
31-12-2014 abbreviated format 31-08-2015 2015-54600510 PDF
31-12-2013 abbreviated format 21-08-2014 2014-44700349 PDF
31-12-2012 abbreviated format 29-08-2013 2013-53000023 PDF
31-12-2011 abbreviated format 30-08-2012 2012-52300329 PDF
31-12-2010 abbreviated format 28-08-2011 2011-46600248 PDF
31-12-2009 abbreviated format 08-06-2010 2010-15300259 PDF
31-12-2008 abbreviated format 23-07-2009 2009-44700188 PDF
31-12-2007 abbreviated format 22-08-2008 2008-58800326 PDF

Subsidies and aid

Flemish government 2024, 1 entry, €96 awarded, €96 paid

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
3,2619,468--9,44823,41918,97113,4508,25123,88313,557-6,700-905-16,59126,68324,98717,64622,74865,777
2,6757,439--7,26819,11413,73710,0584,47021,7011,908-10,233-7,565-15,05820,30919,05017,05915,64449,603
7,0001,600-1,800-4,626-2,85005,5007,6934,0264,683-74,9982,88917,2108,7824,29211,2055,591219,965
127-5,3366,630-40-2,022-991--647-464-1,3721,218-11,1527,740417-3,3465,7871,528-
12,34015,66411,8394,98613,1482,442-22,039-10,247-3,7731,241-7,285-6,099-14,53711,1181,026-2,853-6,476-1,7546,441
38.2%47.2%45.4%26.2%49.6%21.9%-52.1%-56.2%-60.1%-70.8%-138.4%-82.0%-22.1%-6.4%12.5%7.9%6.4%5.1%10.7%
1.942.112.001.452.441.160.250.670.891.040.800.890.811.161.020.940.860.981.14
1.942.112.001.452.441.160.250.560.670.740.440.560.580.870.840.820.860.981.14
1.611.121.202.811.013.58--------6.9811.5814.5818.488.39
15.1%48.5%59.3%172.9%52.1%295.6%--------30.8%14.5%0.8%-108.3%18.3%
5.8%22.9%26.9%45.4%25.9%64.6%51.7%18.0%3.5%49.6%1.0%-24.9%-14.6%-16.8%3.9%1.2%0.0%-5.6%2.0%
10.3039.08--56.53--------------

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€7,000€1,600---
Financial fixed assets---€1,800-
€769€309--€1,497

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Multiful

The operating result for 2025 is 73% lower than in 2024 and the lowest since 2014.

Debt's share of the balance-sheet total rises from 52.8% to 61.8%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, last change in 2020
Mortelmans Frank
Director
listed in the 2025 annual accounts, filed on 24-08-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Mortelmans Frank
Director
Morteimans Frank
Director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • Mortelmans Frank
    • Director, since before 31-12-2021
  • Morteimans Frank
    • Director, from before 15-04-2020, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Capital

Contribution
€4,100
Source
2025 annual accounts

Articles of association

deed of 13-10-2020 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
2 directors
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of June at 17:00

Network & group

No group

Multiful has no parent and no holdings in its annual accounts. Mortelmans Frank is the only director. Multiful shares no director with another company.

Timeline

Timeline

30 events since 2006

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 24 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0880251145
Annual accounts 2024 filed PDFmicro format · 1 day before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 28 days late
2023
Annual accounts 2022 filed PDFmicro format · 1 day before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 30 days late
2021
Liquidity more than doubled current ratio 2.44 The current ratio rises from 1.16 to 2.44. Short-term debt falls from €15,675 to €9,151.
Annual accounts 2020 filed PDFmicro format · 2 days before the deadline
2020
Liquidity more than quadruples current ratio 1.16 The current ratio rises from 0.25 to 1.16. Short-term debt falls from €29,491 to €15,675.
Company renamed from FM GRAPHICS to Multiful“1) Opmaak van drukwerk (brochures,flyers,posters,kaartjes,verpakkingen,T-shirts,enzovoort);Creatie van logo’s…” (deed in Dutch)3 points ▸
  • Name change, Multiful
  • Purpose change, “1) Opmaak van drukwerk (brochures,flyers,posters,kaartjes,verpakkingen,T-shirts,enzovoort);Creatie van logo’s en huisstijlen;Uitwerken van…” (deed in Dutch)
  • Power of attorney, Eric De Bie
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFmicro format · 31 days late
Registered office moved from Hoogstraten to LoenhoutNew registered office: Koningin Fabiolalaan 7 te 2990 Loenhout · Previous registered office: Veilingstraat 11 te 2320 Hoogstraten · Board meeting of 19-03-20202 points ▸
  • Board meeting, 19-03-2020
  • Registered-office move, Koningin Fabiolalaan 7 te 2990 Loenhout

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFmicro format · 14 days late
2018
Annual accounts 2017 filed PDFmicro format · 31 days late
2017
Annual accounts 2016 filed PDFmicro format · on the deadline day
2016
Highest result from 2007 to 2025 net €20,166 ▲5,874% The operating result of €22,349 and the net result of €20,166 are both a record.
Annual accounts 2015 filed PDFabbreviated format · 31 days before the deadline
2015
Back to profit net €338 The net result is €338, after 3 loss-making years.
Annual accounts 2014 filed PDFabbreviated format · 31 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 21 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 29 days late
2012
Weakest financial year net -€30,860 The net result drops to -€30,860, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2011 filed PDFabbreviated format · 30 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 28 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 53 days before the deadline
2009
Back to profit net €78 The net result is €78, after one loss-making year.
Annual accounts 2008 filed PDFabbreviated format · 8 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 22 days late
2006
First establishment -, Koningin Fabiolalaan 7, Wuustwezel
Incorporation PDFpublished on 06-04-2006

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 27 March 2006, Multiful was incorporated.1 The name was changed to Multiful in 2020.2 In 2020 the registered office moved to Loenhout.3 Total assets went from €36,730 in 2018 to €32,932 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-10-2020
  3. 3Belgian Official Gazette, 15-04-2020
  4. 4National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0880.251.145
VAT number
BE 0880.251.145
Peppol ID
0208:0880251145
Other Peppol ID
9925:BE0880251145
Legal form
Private limited company
Status
Active, normal situation
Founded
27-03-2006
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of June at 17:00
deed of 13-10-2020 (in Dutch)
Peppol
Reachable since 25-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Multiful in Dutch
Former name
FM GRAPHICS until 06-10-2020 · deed of 13-10-2020
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 13-10-2020 (in Dutch)

Activities

NACEBEL 2025
73110 Advertising agencies main activity
Joint committees annual accounts 2023
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
73110 Advertising, market research and public relations activities main activity
Codes under NACEBEL 2003
74401 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
- registered office Koningin Fabiolalaan 7, 2990 Wuustwezel 18120 Other printing 18-04-2006 2.152.943.803
1 former office
  • Veilingstraat 11, 2320 Hoogstraten until 19-03-2020 · deed of 15-04-2020

Buildings and parcels at the address

Ground area
597 m²
Buildings
127 m²
Volume, LiDAR
747 m³
Tallest building
8.8 m
Buildings to scale, each on its own parcel
127 m², 8.8 m 127 m², 8.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11026E0569/00R002597 m² 1 · 127 m² 8.8 m · 2

Recognitions

Dual-learning approval

2 ended
Grafisch vormgever (so)
ended · 2016 to 2021
Publiciteitsschilder (so)
ended · 2016 to 2021