MULTILOG
Open bankruptcyA bankruptcy procedure is open for MULTILOG according to publications in the Belgian State Gazette; curator: JENS VREBOS. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €18k and a net result of €16k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
50 d early
2021
20 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Equity
€18k▲ 1,116%
2022 · €1k
2021: €167
2022: €1k
2021 → 2023
Total assets
€35k▲ 432%
2022 · €7k
2021: €173
2022: €7k
2021 → 2023
Net result
€16k▲ 1,157%
2022 · €1k
2021: €-1k
2022: €1k
2021 → 2023
Working capital
€18k▲ 3,404%
2022 · €513
2021: €167
2022: €513
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€167-€1k▲ 787%€18k▲ 1,116%
Operating result€-1k-€1k€18k▲ 1,205%
Net result€-1k-€1k€16k▲ 1,157%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2023 is 1,205% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €35k
Equity
€18k▲ 1,116%
Debt
€17k▲ 233%
The debt ratio falls from 77.5% to 48.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k
Cash flow
€17k
Solvency
51.5%▲
2022 · 22.5%
Current ratio
2.06▲
2022 · 1.10
Quick ratio
2.06▲
2022 · 1.10
Debt / equity
0.94▼
2022 · 3.44
ROE
91.8%▲
2022 · 88.7%
ROA
47.3%▲
2022 · 20.0%
Interest coverage
72.31
Debt
€17k▲
2022 · €5k
Debt ≤ 1 year
€17k▲
2022 · €5k
Income taxes
€860
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€7k€35k▲
Formation expenses20€966-
Current assets29/58€6k€35k▲
Amounts receivable within one year40/41€5k€35k▲
Trade receivables40€3k€35k▲
Other amounts receivable41€2k-
Cash at bank and in hand54/58€234-
Equity and liabilities
Total equity and liabilities10/49€7k€35k▲
Equity10/15€1k€18k▲
Contributions10/11€1k€1k=
Outside capital11-€1k
Other1109/19-€1k
Profit (loss) carried forward14€103€17k▲
Amounts payable17/49€5k€17k▲
Amounts payable within one year42/48€5k€17k▲
Financial debts43-€11
Credit institutions430/8-€11
Trade debts44€4k€14k▲
Suppliers440/4€4k€14k▲
Taxes, remuneration and social security45€713€3k▲
Taxes450/3€713€3k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€966
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€209-
Other operating charges640/8€695-
Gross operating margin9900€2k€19k▲
Operating profit (loss)9901€1k€18k▲
Financial charges65/66B€38€257▲
Recurring financial charges65€38€257▲
Profit (loss) for the period before taxes9903€1k€17k▲
Income taxes67/77-€860
Profit (loss) for the period9904€1k€16k▲
Profit (loss) for the period to be appropriated9905€1k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€103€17k▲
Profit (loss) brought forward from the previous period14P€-1k€103▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-10
KBO administration
Address struck
13-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · MULTILOG BV LEUVENSE- STEENWEG 246/1, 1932 ZAVENTEM · event 07-01-2025
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2021net €16k ▲1157%
Operating result €18k, net result €16k, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 20 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
1 establishment unit since 2022
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.
Ground area
4,905 m²
Building footprint
4,823 m²
Volume, LiDAR
33,578 m³
2 parcels, Brussels, Flanders · tallest building 17.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MULTILOG
since 20222.334.911.150
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0030/00C016 | Brussels | 4,444 m² | 1 · 4,631 m² | 17.0 m · 2 fl. |
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JENS VREBOS HERTSBERGSESTRAAT 4, 8020 OOST-
KAMP |
07-01-2025 → present |
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Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,195 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-03-2021
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.