MULTILEAF
ActiveMULTILEAF has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €-29k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability1▼-4
Solvency51▼-49
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.16 against 6.19 in 2024; short-term debt: 73.5% and cash: 11.4% of total assets), and 73.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.5%
Return on assets
-14%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-29k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-11-2025, 75 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
75 d early
2024
114 d early
2023
12 d early
2022
2 d early
2021
8 d early
2020
14 d early
2019
6 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€55k▼ 92.9%
2024 · €765k
2018: €366k
2019: €479k
2020: €586k
2021: €722k
2022: €940k
2023: €956k
2024: €765k
2018 → 2025
Total assets
€206k▼ 75.6%
2024 · €845k
2018: €964k
2019: €1.07M
2020: €1.11M
2021: €1.18M
2022: €1.23M
2023: €1.07M
2024: €845k
2018 → 2025
Net result
€-29k▲ 67.7%
2024 · €-90k
2018: €35k
2019: €149k
2020: €143k
2021: €266k
2022: €253k
2023: €16k
2024: €-90k
2018 → 2025
Working capital
€-127k
2024 · €386k
2018: €-106k
2019: €-33k
2020: €-62k
2021: €188k
2022: €412k
2023: €491k
2024: €386k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€722k-€940k▲ 30.1%€956k▲ 1.7%€765k▼ 20.0%€55k▼ 92.9%
Operating result€367k-€342k▼ 6.8%€25k▼ 92.6%€-118k€-31k▲ 73.5%
Net result€266k-€253k▼ 5.0%€16k▼ 93.7%€-90k€-29k▲ 67.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31k in 2025 against €118k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206k
Fixed assets
€182k▼ 52.6%
Current assets
€24k▼ 94.7%
Equity and liabilities €206k
Equity
€55k▼ 92.9%
Debt
€152k▲ 90.7%
The debt ratio rises from 9.4% to 73.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-9k▼
2024 · €-4k
Cash flow
€-7k▼
2024 · €24k
Solvency
26.5%▼
2024 · 90.6%
Current ratio
0.16▼
2024 · 6.19
Quick ratio
0.16▼
2024 · 5.85
Debt / equity
2.78▲
2024 · 0.10
ROE
-53.0%▼
2024 · -11.7%
ROA
-14.0%▼
2024 · -10.6%
Interest coverage
-22.24▼
2024 · -1.06
Debt
€152k▲
2024 · €80k
Debt ≤ 1 year
€152k▲
2024 · €74k
Debt > 1 year
€0▼
2024 · €5k
Staff costs
€22k▼
2024 · €71k
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€845k€206k▼
Fixed assets21/28€384k€182k▼
Tangible fixed assets22/27€384k€182k▼
Land and buildings22€316k€164k▼
Plant, machinery and equipment23€26k€15k▼
Furniture and vehicles24€41k€2k▼
Leasing and similar rights25€1k€350▼
Financial fixed assets28€135€135=
Current assets29/58€460k€24k▼
Stocks and contracts in progress3€26k€0▼
Stocks30/36€26k€0▼
Amounts receivable within one year40/41€428k€831▼
Trade receivables40€65k€0▼
Other amounts receivable41€364k€831▼
Cash at bank and in hand54/58€6k€24k▲
Equity and liabilities
Total equity and liabilities10/49€845k€206k▼
Equity10/15€765k€55k▼
Contributions10/11€19k€19k=
Reserves13€746k€36k▼
Distributable reserves133€746k€36k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€80k€152k▲
Amounts payable after more than one year17€5k€0▼
Financial debts170/4€5k€0▼
Amounts payable within one year42/48€74k€152k▲
Current portion of amounts payable after more than one year42€26k€1k▼
Trade debts44€18k€323▼
Suppliers440/4€18k€323▼
Advances received on contracts in progress46-€17k
Taxes, remuneration and social security45€16k€574▼
Taxes450/3€4k€0▼
Remuneration and social security454/9€12k€574▼
Other amounts payable47/48€14k€132k▲
Income statement
Code20242025
Non-recurring operating income76A-€434
Remuneration, social security and pensions62€71k€22k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€114k€22k▼
Other operating charges640/8€13k€4k▼
Non-recurring operating charges66A€11k€0▼
Gross operating margin9900€90k€18k▼
Operating profit (loss)9901€-118k€-31k▲
Financial income75/76B€32k€3k▼
Recurring financial income75€32k€3k▼
Financial charges65/66B€4k€399▼
Recurring financial charges65€4k€399▼
Profit (loss) for the period before taxes9903€-90k€-29k▲
Profit (loss) for the period9904€-90k€-29k▲
Profit (loss) for the period to be appropriated9905€-90k€-29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-90k€-29k▲
Transfer from equity791/2€191k€710k▲
Profit to be distributed694/7€101k€681k▲
Return on contributions (dividend)694€101k€681k▲
Social balance
Average headcount (FTE)90872.11.0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €-90k ▼661%
Net result drops to €-90k, the lowest in the series; recovery starts the following year.
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Liquidity triplescurrent ratio 7.06
Current ratio from 2.75 to 7.06; short-term debt falls from €236k to €81k.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €266k ▲86.3%
Operating result €367k, net result €266k, both a record.
16-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €500kEq €586k ▲22.4%
3 profitable years in a row build equity to €586k.
24-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Putte · 1 establishment unit since 1996
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.
Zoeteveldenstraat 32580 PutteGround area
3.5 ha
Building footprint
9,342 m²
Volume, LiDAR
19,775 m³
Parcel 12029A0125/00E000, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Zoeteveldenstraat 3, 2580 Putte
since 19962.078.070.194
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12029A0125/00E000 | Flanders | 3.5 ha | 1 · 9,342 m² | 8.9 m · 1 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 327 EUR awarded · 327 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 327 EUR | 327 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 3,463 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-1996
Fiscal year end30-06
Activities, NACEBEL
01121
01130Growing of vegetables, melons, roots and tubers
68201Renting and operating of own or leased residential real estate, excluding social housing
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:robin@multileaf.be
Phone:+3215762001
Fax:+3215762002