MULTIGRAPHICS
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive Normal situation
- Legal form
- Private limited company (pre-2019)
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Reachable since 03-04-2026
Financial position
No score
Annual accounts 2021
- Turnover
- €59,300
- ▲ 237%
- Loss
- €8,048
- ▼ 66.0%
- Equity
- -€20,654
- ▼ 63.8%
- Total assets
- €24,125
- ▼ 4.3%
Financials
Financials · financial year 2021, micro format
2021 annual accounts filed 170 days after the deadline Filed on 17 January 2023, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2023-00002027.
Annual accounts 2021 filed on 17-01-2023 PDF all 16 filings
Turnover
€59,300▲ 237%
2020 · €17,599
EBIT margin
-9.8%▲ 123.5pp
2020 · -133.3%
Net result
-€8,048▲ 66.0%
2020 · -€23,669
Working capital
€3,172▼ 56.0%
2020 · €7,208
Multi-year overview
2018 to 2021, 4 financial yearsTurnover
€59,300
▲ 237%
2021
20182021
Operating result
-€5,826
▲ 75.2%
2021
20182021
Net result
-€8,048
▲ 66.0%
2021
20182021
EBIT margin
-9.8%
▲ 123.5pp
2021
20182021
Equity
-€20,654
▼ 63.8%
2021
20182021
Total assets
€24,125
▼ 4.3%
2021
20182021
Debt
€44,779
▲ 18.5%
2021
20182021
Working capital
€3,172
▼ 56.0%
2021
20182021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Turnover€71,551-€73,925▲ 3.3%€17,599▼ 76.2%€59,300▲ 237%
Operating result€15,823-€5,070▼ 68.0%-€23,468-€5,826▲ 75.2%
Net result€13,987-€2,978▼ 78.7%-€23,669-€8,048▲ 66.0%
EBIT margin22.1%-6.9%▼ 15.3pp-133.3%▼ 140.2pp-9.8%▲ 123.5pp
Equity€8,086-€11,064▲ 36.8%-€12,606-€20,654▼ 63.8%
Total assets€34,827-€53,327▲ 53.1%€25,197▼ 52.8%€24,125▼ 4.3%
Debt€26,741-€42,263▲ 58.0%€37,802▼ 10.6%€44,779▲ 18.5%
Working capital€10,377-€33,925▲ 227%€7,208▼ 78.8%€3,172▼ 56.0%
The operating result for 2021 is a loss of €5,826, smaller than the loss of €23,468 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €24,125
Fixed assets
€7,089 ▲ 17.2%
Current assets
€17,036 ▼ 11.0%
Equity and liabilities
Equity-€20,654
Debt€44,779
Equity is negative. Debt (€44,779) exceeds the balance-sheet total (€24,125).
Key figures and ratios
EBITDA
-€5,567▲
2020 · -€21,542
Cash flow
-€7,788▲
2020 · -€21,743
Solvency
-85.6%▼
2020 · -50.0%
Current ratio
1.23▼
2020 · 1.60
Quick ratio
0.02▲
2020 · 0.01
ROA
-33.4%▲
2020 · -93.9%
Interest coverage
-2.51
Debt ≤ 1 year
€13,864▲
2020 · €11,939
Debt > 1 year
€30,915▲
2020 · €25,864
Supplier credit
28 days
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 |
|---|---|
| Tangible fixed assets | €1,299 |
| Depreciation and write-downs of the year | €260 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €71,551 | €73,925 | €17,599 | €59,300 | ▲ 237% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €68,863 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,926 | €1,926 | €1,926 | €260 | ▼ 86.5% |
| Other operating charges640/8 | - | - | - | €1,004 | - |
| Gross operating margin9900 | €20,697 | €8,400 | -€20,995 | -€4,562 | ▲ 78.3% |
| Operating profit (loss)9901 | €15,823 | €5,070 | -€23,468 | -€5,826 | ▲ 75.2% |
| Recurring financial income75 | €361 | €586 | - | - | - |
| Financial charges65/66B | - | - | - | €2,221 | - |
| Recurring financial charges65 | €2,197 | €2,679 | €201 | €2,221 | ▲ 11× |
| Profit (loss) for the period before taxes9903 | €13,987 | €2,978 | -€23,669 | -€8,048 | ▲ 66.0% |
| Profit (loss) for the period9904 | €13,987 | €2,978 | -€23,669 | -€8,048 | ▲ 66.0% |
| Profit (loss) for the period to be appropriated9905 | €13,987 | €2,978 | -€23,669 | -€8,048 | ▲ 66.0% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €34,827 | €53,327 | €25,197 | €24,125 | ▼ 4.3% |
| Fixed assets21/28 | €9,902 | €7,976 | €6,050 | €7,089 | ▲ 17.2% |
| Tangible fixed assets22/27 | €3,852 | €1,926 | - | €1,039 | - |
| Plant, machinery and equipment23 | - | - | - | €1,039 | - |
| Financial fixed assets28 | €6,050 | €6,050 | €6,050 | €6,050 | = |
| Current assets29/58 | €24,925 | €45,351 | €19,147 | €17,036 | ▼ 11.0% |
| Stocks and contracts in progress3 | €6,967 | €7,743 | €19,044 | €16,697 | ▼ 12.3% |
| Stocks30/36 | - | - | - | €16,697 | - |
| Amounts receivable within one year40/41 | €8,878 | €5,062 | - | - | - |
| Cash at bank and in hand54/58 | €80 | €296 | €103 | €339 | ▲ 229% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €34,827 | €53,327 | €25,197 | €24,125 | ▼ 4.3% |
| Equity10/15 | €8,086 | €11,064 | -€12,606 | -€20,654 | ▼ 63.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - |
| Issued capital100 | - | - | - | €18,600 | - |
| Profit (loss) carried forward14 | -€10,514 | -€7,536 | -€31,206 | -€39,254 | ▼ 25.8% |
| Amounts payable17/49 | €26,741 | €42,263 | €37,802 | €44,779 | ▲ 18.5% |
| Amounts payable after more than one year17 | €12,193 | €30,837 | €25,864 | €30,915 | ▲ 19.5% |
| Financial debts170/4 | - | - | - | €30,915 | - |
| Amounts payable within one year42/48 | €14,547 | €11,426 | €11,939 | €13,864 | ▲ 16.1% |
| Trade debts44 | €9,026 | €4,762 | €5,970 | €5,263 | ▼ 11.8% |
| Suppliers440/4 | - | - | - | €5,263 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,952 | - |
| Taxes450/3 | - | - | - | €2,952 | - |
| Other amounts payable47/48 | - | - | - | €5,649 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,987 | €2,978 | -€23,669 | -€8,048 | ▲ 66.0% |
| + Depreciation and write-downs630 | €1,926 | €1,926 | €1,926 | €260 | ▼ 86.5% |
| Operating cash flow (approximation) | €15,913 | €4,904 | -€21,743 | -€7,788 | ▲ 64.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,299 | - |
| Change in cash | - | €217 | -€193 | €236 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 17-01-2023 | 2023-00002027 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-63500171 | |
| 31-12-2019 | micro format | 30-09-2020 | 2020-58500530 | |
| 31-12-2018 | micro format | 16-01-2020 | 2020-01500371 | |
| 31-12-2017 | micro format | 11-06-2019 | 2019-17600365 | |
| 31-12-2016 | full format | 31-12-2017 | 2017-73700458 | |
| 31-12-2015 | full format | 30-09-2016 | 2016-64300116 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-57400079 | |
| 31-12-2013 | full format | 29-08-2014 | 2014-56500205 | |
| 31-12-2012 | full format | 30-09-2013 | 2013-61700410 |
Board & ownership
Directors
Directors
1 director
MOAZZAM TAREEN
Current
Director · listed in the 2021 annual accounts, filed on 17-01-2023
Owners and capital
Owners
Network & group
MULTIGRAPHICS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of MULTIGRAPHICS. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2026
11-05
Gazette deed
End & cessation
2023
17-01
micro format · 170 days late
2021
31-08
micro format · 31 days late
2020
2019
31-12
Financial
Liquidity more than doubledcurrent ratio 3.97
The current ratio rises from 1.71 to 3.97. Short-term debt falls from €14,547 to €11,426.
11-06
micro format · 315 days late
2017
31-12
full format · 153 days late
2016
30-09
full format · 61 days late
2015
31-08
full format · 31 days late
2014
29-08
full format · 29 days late
2013
30-09
full format · 61 days late
2005
23-06
8 publications in the Belgian Official Gazette, the last on 11-05-2026
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Inactive
Inactive since April 2026
MULTIGRAPHICS has not been in the KBO register since 24 April 2026.
- Status
- Inactiveout of the register since 24 April 2026
- Last annual accounts
- financial year to 31 December 2021
- Last registered office
- Rue Brogniez 57, 1070 Bruxellesas published on 3 February 2011
- Legal form
- Private limited company (pre-2019)
- Active since
- 7 June 2005
Sites & property
Location
Buildings and parcels at the address
Ground area
34 m²
Building footprint
32 m²
Building volume
401 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21305B0213/00W010 | Brussels | 34 m² | 1 · 32 m² | 13.8 m · 4 |