MULTIMED
ActiveSummary
MULTIMED has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.5m and a net result of €64,052. Equity is growing by ~5.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability74=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
short-term debt: 0.2% and cash: 18.8% of total assets, and 0.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
99.8%
Return on assets
4.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
65 d late
2022
134 d late
2021
61 d late
2020
38 d late
2018
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 57 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€64,052▲ 12.3%
2023 · €57,048
Working capital
€902,694▲ 11.7%
2023 · €807,931
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€102,187-€115,004▲ 12.5%€102,351▼ 11.0%€82,320▼ 19.6%€82,744▲ 0.5%
Net result€36,221-€58,795▲ 62.3%€83,912▲ 42.7%€57,048▼ 32.0%€64,052▲ 12.3%
Equity€1.2m-€1.3m▲ 4.9%€1.4m▲ 6.6%€1.4m▲ 4.2%€1.5m▲ 4.5%
Total assets€1.3m-€1.3m▲ 2.4%€1.4m▲ 3.2%€1.4m▲ 2.9%€1.5m▲ 3.4%
Debt€103,526-€75,673▼ 26.9%€34,748▼ 54.1%€18,040▼ 48.1%€2,483▼ 86.2%
Working capital€583,020-€632,499▲ 8.5%€742,205▲ 17.3%€807,931▲ 8.9%€902,694▲ 11.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets
€569,260 ▼ 5.1%
Current assets
€905,177 ▲ 9.6%
Equity and liabilities €1.5m
Equity
€1.5m ▲ 4.5%
Debt
€2,483 ▼ 86.2%
Debt's share of the balance-sheet total falls from 1.3% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€109,205▼
2023 · €110,475
Cash flow
€90,513▲
2023 · €85,204
Debt to equity
0.00▼
2023 · 0.01
ROE
4.4%▲
2023 · 4.1%
ROA
4.3%▲
2023 · 4.0%
Interest coverage
158.09▼
2023 · 189.59
Debt ≤ 1 year
€2,483▼
2023 · €18,040
Income taxes
€26,549▼
2023 · €29,948
A ratio outside any meaningful range has been withheld (balance sheet total €1.5m, equity €1.5m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €14,875 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,451 | €20,081 | €26,550 | €28,155 | €26,461 | ▼ 6.0% |
| Other operating charges640/8 | - | €2,245 | €3,001 | €4,200 | €7,915 | ▲ 88.4% |
| Non-recurring operating charges66A | - | - | - | €206 | - | - |
| Gross operating margin9900 | €124,764 | €137,331 | €131,901 | €114,881 | €117,120 | ▲ 1.9% |
| Operating profit (loss)9901 | €102,187 | €115,004 | €102,351 | €82,320 | €82,744 | ▲ 0.5% |
| Financial income75/76B | - | €2,025 | €4,337 | €5,259 | €8,733 | ▲ 66.1% |
| Recurring financial income75 | €368 | €2,025 | €4,337 | €5,259 | €8,733 | ▲ 66.1% |
| Financial charges65/66B | - | €598 | €606 | €583 | €876 | ▲ 50.3% |
| Recurring financial charges65 | €359 | €598 | €606 | €583 | €691 | ▲ 18.5% |
| Non-recurring financial charges66B | - | - | - | - | €185 | - |
| Profit (loss) for the period before taxes9903 | €73,004 | €116,431 | €106,082 | €86,996 | €90,601 | ▲ 4.1% |
| Income taxes67/77 | €36,783 | €57,636 | €22,170 | €29,948 | €26,549 | ▼ 11.3% |
| Profit (loss) for the period9904 | €36,221 | €58,795 | €83,912 | €57,048 | €64,052 | ▲ 12.3% |
| Profit (loss) for the period to be appropriated9905 | €36,221 | €58,795 | €83,912 | €57,048 | €64,052 | ▲ 12.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.3m | €1.4m | €1.4m | €1.5m | ▲ 3.4% |
| Fixed assets21/28 | €625,128 | €635,199 | €608,649 | €599,972 | €569,260 | ▼ 5.1% |
| Tangible fixed assets22/27 | €623,843 | €633,914 | €607,364 | €599,848 | €569,136 | ▼ 5.1% |
| Land and buildings22 | - | €539,639 | €523,687 | €507,734 | €489,657 | ▼ 3.6% |
| Furniture and vehicles24 | - | €40,524 | €31,878 | €25,461 | €16,366 | ▼ 35.7% |
| Other tangible fixed assets26 | - | €53,751 | €51,800 | €66,652 | €63,114 | ▼ 5.3% |
| Financial fixed assets28 | €1,285 | €1,285 | €1,285 | €124 | €124 | = |
| Current assets29/58 | €686,546 | €707,417 | €776,953 | €825,971 | €905,177 | ▲ 9.6% |
| Amounts receivable within one year40/41 | - | - | €6,596 | €27,693 | €37,028 | ▲ 33.7% |
| Other amounts receivable41 | - | - | €6,596 | €27,693 | €37,028 | ▲ 33.7% |
| Current investments50/53 | €25,595 | €376,351 | €376,351 | €376,351 | €589,190 | ▲ 56.6% |
| Cash at bank and in hand54/58 | €660,843 | €328,837 | €390,453 | €416,862 | €277,447 | ▼ 33.4% |
| Deferred charges and accrued income490/1 | - | €2,229 | €3,554 | €5,065 | €1,513 | ▼ 70.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.3m | €1.4m | €1.4m | €1.5m | ▲ 3.4% |
| Equity10/15 | €1.2m | €1.3m | €1.4m | €1.4m | €1.5m | ▲ 4.5% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Outside capital11 | - | €18,592 | - | - | - | - |
| Other1109/19 | - | €18,592 | - | - | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €1.2m | €1.2m | €1.3m | €1.4m | €1.5m | ▲ 4.6% |
| Amounts payable17/49 | €103,526 | €75,673 | €34,748 | €18,040 | €2,483 | ▼ 86.2% |
| Amounts payable within one year42/48 | €103,526 | €74,918 | €34,748 | €18,040 | €2,483 | ▼ 86.2% |
| Trade debts44 | €6,847 | €3,312 | €2,749 | €1,826 | €2,483 | ▲ 36.0% |
| Suppliers440/4 | - | €3,312 | €2,749 | €1,826 | €2,483 | ▲ 36.0% |
| Taxes, remuneration and social security45 | - | €9,290 | - | - | - | - |
| Taxes450/3 | - | €9,290 | - | - | - | - |
| Other amounts payable47/48 | - | €62,316 | €31,999 | €16,214 | - | - |
| Accrued charges and deferred income492/3 | - | €755 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,221 | €58,795 | €83,912 | €57,048 | €64,052 | ▲ 12.3% |
| + Depreciation and write-downs630 | €19,451 | €20,081 | €26,550 | €28,155 | €26,461 | ▼ 6.0% |
| Operating cash flow (approximation) | €55,672 | €78,876 | €110,461 | €85,204 | €90,513 | ▲ 6.2% |
| Investment in fixed assets (approximation) | - | -€30,152 | €0 | -€19,478 | €4,250 | ▲ 122% |
| Change in cash | - | -€332,006 | €61,615 | €26,409 | -€139,415 | ▼ 628% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Liquidity times 8current ratio 364.54
Current ratio from 45.79 to 364.54; short-term debt falls from €18,040 to €2,483.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 45.79
Current ratio from 22.36 to 45.79; short-term debt falls from €34,748 to €18,040.
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 134 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 22.36
Current ratio from 9.44 to 22.36; short-term debt falls from €74,918 to €34,748.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
07-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 38 days late
2020
31-12
Financial
Weakest financial yearnet €36,221 ▼75.3%
Net result drops to €36,221, the lowest in the series; recovery starts the following year.
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 5 days late
2015
10-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 41 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Elsene
Ground area
245 m²
Building footprint
119 m²
Volume, LiDAR
1,354 m³
Parcel 21443C0219/02A008, Brussels · tallest building 18.8 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0219/02A008 | Brussels | 245 m² | 1 · 119 m² | 18.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600D4YQR3QDAEA086
Identification & contact
Identification
Legal formPrivate limited company
Founded29-09-1994
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453506672
Also
9925:BE0453506672
Registered
12-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.