MULTIGARDEN
ActiveMULTIGARDEN has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €34k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 95% of 969 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +40 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency100=
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 16.45 against 52.36 in 2024), and 6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94%
Return on assets
28.4%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €111k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
44 d early
2023
15 d early
2022
17 d early
2021
9 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€111k▲ 43.3%
2024 · €78k
2018: €110k
2019: €110k
2020: €115k
2021: €108k
2022: €113k
2023: €95k
2024: €78k
2018 → 2025
Total assets
€119k▲ 49.6%
2024 · €79k
2018: €143k
2019: €164k
2020: €177k
2021: €159k
2022: €145k
2023: €107k
2024: €79k
2018 → 2025
Net result
€34k
2024 · €-17k
2018: €15k
2019: €222
2020: €5k
2021: €-7k
2022: €5k
2023: €-19k
2024: €-17k
2018 → 2025
Working capital
€110k▲ 42.2%
2024 · €77k
2018: €100k
2019: €80k
2020: €92k
2021: €89k
2022: €101k
2023: €92k
2024: €77k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€113k▲ 4.4%€95k▼ 16.4%€78k▼ 17.8%€111k▲ 43.3%
Operating result€-6k-€6k€-18k€-18k▲ 2.4%€35k
Net result€-7k-€5k€-19k€-17k▲ 9.5%€34k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €35k after a loss of €18k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€2k▲ 167%
Current assets
€117k▲ 48.5%
Equity and liabilities €119k
Equity
€111k▲ 43.3%
Debt
€7k▲ 373%
The debt ratio rises from 1.9% to 6.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€36k▲
2024 · €-15k
Cash flow
€34k▲
2024 · €-14k
Solvency
94.0%▼
2024 · 98.1%
Current ratio
16.45▼
2024 · 52.36
Quick ratio
16.45▼
2024 · 52.36
Debt / equity
0.06▲
2024 · 0.02
ROE
30.2%▲
2024 · -21.7%
ROA
28.4%▲
2024 · -21.3%
Interest coverage
114.88▲
2024 · -28.81
Debt
€7k▲
2024 · €2k
Debt ≤ 1 year
€7k▲
2024 · €2k
Income taxes
€4k▲
2024 · €149
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€79k€119k▲
Fixed assets21/28€730€2k▲
Tangible fixed assets22/27€595€2k▲
Plant, machinery and equipment23€595€2k▲
Financial fixed assets28€135€135=
Current assets29/58€79k€117k▲
Amounts receivable within one year40/41€48k€59k▲
Trade receivables40€122€7k▲
Other amounts receivable41€48k€52k▲
Cash at bank and in hand54/58€27k€54k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€79k€119k▲
Equity10/15€78k€111k▲
Contributions10/11€19k€19k=
Reserves13€37k€70k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€36k€69k▲
Profit (loss) carried forward14€22k€23k▲
Amounts payable17/49€2k€7k▲
Amounts payable within one year42/48€2k€7k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€45€4k▲
Taxes450/3€45€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€677▼
Other operating charges640/8€1k€4k▲
Gross operating margin9900€-13k€40k▲
Operating profit (loss)9901€-18k€35k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€573€312▼
Recurring financial charges65€510€312▼
Non-recurring financial charges66B€63-
Profit (loss) for the period before taxes9903€-17k€38k▲
Income taxes67/77€149€4k▲
Profit (loss) for the period9904€-17k€34k▲
Profit (loss) for the period to be appropriated9905€-17k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€56k▲
Profit (loss) brought forward from the previous period14P€39k€22k▼
Transfer to equity691/2-€33k
To other reserves6921-€33k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €111k ▲43.3%
Equity rises from €78k to €111k.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 6current ratio 52.36
Current ratio from 8.66 to 52.36; short-term debt falls from €12k to €2k.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-19k ▼491%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 8.66
Current ratio from 4.13 to 8.66; short-term debt falls from €32k to €12k.
13-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue de Jassans 31342 Ottignies-Louvain-la-NeuveGround area
5,108 m²
Building footprint
147 m²
Parcel 25056B0202/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Avenue de Jassans 3B, 1342 Ottignies-Louvain-la-Neuve
since 19912.054.130.297
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25056B0202/00F000 | Wallonia | 5,108 m² | 1 · 147 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GOOSSENS - SERRE
BE 0420.578.637
Geetbets · Eq €112k
SOCIETE DE TRAVAUX ET DE FOURNITURES
BE 0443.261.987
Brugelette · Eq €111k
EVRARD TERRASSEMENT ET PAVAGE
BE 0831.083.429
Mettet · Eq €111k
VAN DEN MANACKER
BE 0632.590.250
Brasschaat · Eq €112k
M.N.S.
BE 0502.758.720
Zele · Eq €112k
Of 2,316 companies in sector 42110 we hold annual accounts for 1,088. 742 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-1991
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
45230
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.