Result
From profit to loss in 2025, after a profit of €53,382 in 2024.
From profit to loss in 2025, after a profit of €53,382 in 2024.
Short-term debts fell from €55,225 to €17,192.
Lower net result than 87% of companies in creative and performing arts. Sector median €6,309 · 2,484 companies.
In July 2024, 3,591 companies had the same profile as MULTIGON has now. Each dot stands for 9 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 | 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 3,591 companies, not a prediction for MULTIGON. 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.
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.
| Company | ||||
|---|---|---|---|---|
| MULTIGON Antwerp | €99,446 | -€14,622 | 82.5% | - |
| Thomas Kums BV Diest | €89,413 | -€20,575 | 68.8% | - |
| Kenn Colt Heusden-Zolder | €107,568 | -€21,142 | 69.7% | - |
| GILLES MOSAR Ghent | €83,486 | -€4,038 | -9.6% | - |
| JCDB AUDIO Aarschot | €82,594 | -€3,531 | 23.1% | - |
| SASQUATCH PRODUCTION Modave | €142,454 | -€42,140 | 3.7% | - |
| SODYUM Ghent | €73,970 | -€27,983 | 28.2% | - |
These companies have the same main activity as MULTIGON: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €74,000 and €142,000, founded between 2017 and 2021.
MULTIGON files the micro format. That format states no turnover. The gross margin fell from €4,469 in 2020 to -€14,622 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 82% of 2,488 companies in 2025.
Higher than 82% of 2,351 companies in 2025.
Higher than 15% of 2,396 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
99,446 | 152,341 | 361,441 | 253,360 | 112,374 | 47,475 | |
21/28 |
- | 591 | 1,721 | 3,574 | 7,125 | 771 | |
22/27 |
- | 591 | 1,721 | 3,574 | 7,125 | 771 | |
23 |
- | 591 | 1,721 | 1,834 | - | - | |
24 |
- | - | - | 1,740 | 7,125 | 771 | |
29/58 |
99,446 | 151,750 | 359,721 | 249,786 | 105,249 | 46,704 | |
3 |
25,000 | 25,000 | 151,000 | 11,000 | - | - | |
30/36 |
25,000 | 25,000 | 151,000 | 11,000 | - | - | |
40/41 |
73,768 | 125,045 | 199,525 | 159,530 | 65,985 | 26,144 | |
40 |
- | 8,744 | 29,701 | - | 19,135 | 10,525 | |
41 |
73,768 | 116,301 | 169,824 | 159,530 | 46,850 | 15,619 | |
54/58 |
678 | 1,705 | 9,195 | 79,256 | 39,265 | 20,010 | |
490/1 |
- | - | - | - | - | 550 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
99,446 | 152,341 | 361,441 | 253,360 | 112,374 | 47,475 | |
10/15 |
82,031 | 97,115 | 43,734 | 37,157 | 32,605 | 12,475 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
13 |
45,000 | 45,000 | 15,000 | 15,000 | 15,000 | - | |
133 |
45,000 | 45,000 | 15,000 | 15,000 | 15,000 | - | |
14 |
27,031 | 42,115 | 18,734 | 12,157 | 7,605 | 2,475 | |
17/49 |
17,415 | 55,225 | 317,708 | 216,203 | 79,769 | 35,000 | |
17 |
- | - | - | - | 6,769 | - | |
170/4 |
- | - | - | - | 6,769 | - | |
42/48 |
17,192 | 55,225 | 317,708 | 216,203 | - | - | |
42 |
- | - | - | 2,011 | - | - | |
44 |
8,167 | 32,973 | 311,793 | 212,184 | - | - | |
440/4 |
8,167 | 32,973 | 311,793 | 212,184 | - | - | |
45 |
9,026 | 22,252 | 5,915 | 2,007 | - | - | |
450/3 |
9,026 | 22,252 | 5,915 | 2,007 | - | - | |
492/3 |
223 | - | - | - | 73,000 | 35,000 | |
| Income statement | |||||||
9900 |
-14,622 | 76,689 | 9,533 | 10,441 | 32,152 | 4,469 | |
630 |
591 | 1,130 | 2,869 | 5,924 | 3,646 | 385 | |
640/8 |
783 | 159 | 940 | 396 | 694 | 507 | |
9901 |
-15,996 | 75,401 | 5,724 | 4,121 | 27,813 | 3,577 | |
75/76B |
1,460 | 2,281 | 3,637 | 3,040 | 1 | 0 | |
75 |
1,460 | 2,281 | 3,637 | 3,040 | 1 | 0 | |
65/66B |
405 | 337 | 400 | 601 | 339 | 428 | |
65 |
405 | 337 | 400 | 601 | 339 | 428 | |
9903 |
-14,942 | 77,345 | 8,962 | 6,559 | 27,474 | 3,149 | |
67/77 |
143 | 23,963 | 2,385 | 2,007 | 7,343 | 674 | |
9904 |
-15,085 | 53,382 | 6,576 | 4,552 | 20,131 | 2,475 | |
9905 |
-15,085 | 53,382 | 6,576 | 4,552 | 20,131 | 2,475 | |
| Appropriation of the result | |||||||
9906 |
27,031 | 72,115 | 18,734 | 12,157 | 22,605 | 2,475 | |
14P |
42,115 | 18,734 | 12,157 | 7,605 | 2,475 | - | |
691/2 |
- | 30,000 | - | - | 15,000 | - | |
6921 |
- | 30,000 | - | - | 15,000 | - | |
| Document | |||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 30-04-2026 | 2026-00100066 | |
| 30-09-2024 | micro format | 30-04-2025 | 2025-00085543 | |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00080744 | |
| 30-09-2022 | micro format | 30-04-2023 | 2023-00073136 | |
| 30-09-2021 | micro format | 02-05-2022 | 2022-20017635 | |
| 30-09-2020 | micro format | 31-05-2021 | 2021-15800336 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| -15,405 | 76,530 | 8,593 | 10,045 | 31,458 | 3,962 | ||
| -14,494 | 54,512 | 9,446 | 10,476 | 23,776 | 2,860 | ||
| 0 | 0 | 1,016 | 2,373 | 10,000 | 1,156 | ||
| -1,027 | -7,491 | -70,061 | 39,991 | 19,255 | - | ||
| 82,253 | 96,525 | 42,013 | 33,583 | - | - | ||
| 82.5% | 63.7% | 12.1% | 14.7% | 29.0% | 26.3% | ||
| 5.78 | 2.75 | 1.13 | 1.16 | - | - | ||
| 4.33 | 2.30 | 0.66 | 1.10 | - | - | ||
| 0.21 | 0.57 | 7.26 | 5.82 | 2.45 | 2.81 | ||
| -18.4% | 55.0% | 15.0% | 12.3% | 61.7% | 19.8% | ||
| -15.2% | 35.0% | 1.8% | 1.8% | 17.9% | 5.2% | ||
| -38.02 | over 100 | 21.49 | 16.71 | 92.77 | - |
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.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,016 | €2,373 | €10,000 |
| €591 | €1,130 | €2,869 | €5,924 | €3,646 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €15,996, after a profit of €75,401 in 2024. It is the lowest result since 2020.
Debt's share of the balance-sheet total falls from 36.3% to 17.5%. Equity and debt are lower.
MULTIGON has no parent and no holdings in its annual accounts. is the only director. MULTIGON shares no director with another company.
| BLACK54
registered office since 06-06-2023 · founded in 2023 |
total assets €106,164 (2025) 0802.444.673 |
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Gillis Verdonckstraat 24 registered office 2610 Antwerp | 04-10-2019 | 2.295.332.576 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11462A0022/00B009 | 453 m² | 1 · 117 m² | 9.6 m · 3 |
If something looks wrong or is missing, please tell us.