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MULTIMEDIUM

Active
Private limited companyfounded 200421 yrs activeMinderhoutsestraat 1, 2320 Hoogstraten, BelgiumKBO/BCE: BE 0869.479.888

MULTIMEDIUM has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.06M and a net result of €294k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 2822 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
100 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+19
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 4.85 against 4.38 in 2023), and 31.5% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
68.5%
Return on assets
19%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
41 d early
2023
41 d early
2022
38 d early
2021
39 d early
2020
39 d early
2019
39 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€1.06M▲ 21.4%
2023 · €875k
2018: €494k 2019: €657k 2020: €717k 2021: €876k 2022: €808k 2023: €875k
2018 → 2024
Total assets
€1.55M▲ 14.2%
2023 · €1.36M
2018: €1.18M 2019: €1.43M 2020: €1.41M 2021: €1.55M 2022: €1.42M 2023: €1.36M
2018 → 2024
Net result
€294k▲ 109%
2023 · €141k
2018: €191k 2019: €176k 2020: €62k 2021: €159k 2022: €107k 2023: €141k
2018 → 2024
Working capital
€900k▲ 33.3%
2023 · €675k
2018: €322k 2019: €432k 2020: €493k 2021: €640k 2022: €572k 2023: €675k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€717k-€876k▲ 22.2%€808k▼ 7.7%€875k▲ 8.3%€1.06M▲ 21.4%
Operating result€109k-€246k▲ 125%€181k▼ 26.5%€229k▲ 26.7%€446k▲ 94.6%
Net result€62k-€159k▲ 157%€107k▼ 32.8%€141k▲ 32.0%€294k▲ 109%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2020: €109k€109kNet result 2020: €62k€62kOperating result 2021: €246k€246kNet result 2021: €159k€159kOperating result 2022: €181k€181kNet result 2022: €107k€107kOperating result 2023: €229k€229kNet result 2023: €141k€141kOperating result 2024: €446k€446kNet result 2024: €294k€294k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 95% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.55M
Fixed assets €417k▼ 13.5%
Current assets €1.13M▲ 29.5%
Equity and liabilities €1.55M
Equity €1.06M▲ 21.4%
Debt €488k▲ 1.3%
The debt ratio falls from 35.5% to 31.5%: equity grows faster than debt.
Key figures and ratios
2024 value · change against 2023
EBITDA
€533k
2023 · €343k
Cash flow
€381k
2023 · €255k
Solvency
68.5%
2023 · 64.5%
Current ratio
4.85
2023 · 4.38
Quick ratio
4.78
2023 · 4.21
Debt / equity
0.46
2023 · 0.55
ROE
27.7%
2023 · 16.1%
ROA
19.0%
2023 · 10.4%
Interest coverage
41.81
2023 · 26.92
Debt
€488k
2023 · €482k
Debt ≤ 1 year
€234k
2023 · €200k
Debt > 1 year
€251k
2023 · €282k
Income taxes
€148k
2023 · €79k
Staff costs
€656k
2023 · €535k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.36M€1.55M
Fixed assets21/28€482k€417k
Intangible fixed assets21€13k€9k
Tangible fixed assets22/27€466k€408k
Land and buildings22€397k€356k
Plant, machinery and equipment23-€3k
Furniture and vehicles24€68k€50k
Financial fixed assets28€3k€0
Current assets29/58€875k€1.13M
Amounts receivable after more than one year29€125k€35k
Other amounts receivable291€125k€35k
Stocks and contracts in progress3€34k€17k
Contracts in progress37€34k€17k
Amounts receivable within one year40/41€288k€220k
Trade receivables40€284k€220k
Other amounts receivable41€4k€0
Current investments50/53€254k€407k
Cash at bank and in hand54/58€138k€438k
Deferred charges and accrued income490/1€37k€17k
Equity and liabilities
Total equity and liabilities10/49€1.36M€1.55M
Equity10/15€875k€1.06M
Contributions10/11€19k€19k=
Reserves13€815k€1.00M
Tax-exempt reserves132€0-
Distributable reserves133€815k€1.00M
Profit (loss) carried forward14€41k€41k=
Amounts payable17/49€482k€488k
Amounts payable after more than one year17€282k€251k
Financial debts170/4€282k€251k
Amounts payable within one year42/48€200k€234k
Current portion of amounts payable after more than one year42€44k€31k
Trade debts44€64k€58k
Suppliers440/4€64k€58k
Advances received on contracts in progress46€15k€14k
Taxes, remuneration and social security45€71k€128k
Taxes450/3€11k€58k
Remuneration and social security454/9€61k€70k
Other amounts payable47/48€5k€2k
Accrued charges and deferred income492/3-€4k
Income statement Code20232024
Non-recurring operating income76A€4k€4k
Remuneration, social security and pensions62€535k€656k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€114k€87k
Other operating charges640/8€3k€3k
Non-recurring operating charges66A-€919
Gross operating margin9900€881k€1.19M
Operating profit (loss)9901€229k€446k
Financial income75/76B€3k€9k
Recurring financial income75€3k€9k
Financial charges65/66B€13k€13k
Recurring financial charges65€13k€13k
Profit (loss) for the period before taxes9903€220k€442k
Income taxes67/77€79k€148k
Profit (loss) for the period9904€141k€294k
Transfer from tax-exempt reserves789€53k€0
Profit (loss) for the period to be appropriated9905€195k€294k
Appropriation of the result
Profit (loss) to be appropriated9906€239k€336k
Profit (loss) brought forward from the previous period14P€45k€41k
Transfer from equity791/2€71k€108k
Transfer to equity691/2€195k€294k
To other reserves6921€195k€294k
Profit to be distributed694/7€74k€108k
Return on contributions (dividend)694€74k€108k
Social balance
Average headcount (FTE)90879.711.4

The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €294k ▲109%
Operating result €446k, net result €294k, both a record.
31-12
Financial Equity above €1MEq €1.06M ▲21.4%
7 profitable years in a row build equity to €1.06M.
20-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €62k ▼64.9%
Net result drops to €62k, the lowest in the series; recovery starts the following year.
22-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Equity above €500kEq €657k ▲33%
2 profitable years in a row build equity to €657k.
20-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Hoogstraten · 2 establishment units since 2004
establishment All 2 establishment units on the map
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.

Minderhoutsestraat 12320 Hoogstraten
Ground area
458 m²
Building footprint
363 m²
Volume, LiDAR
1,765 m³
2 parcels, Flanders · tallest building 14.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
MULTIMEDIUM
Minderhoutsestraat 1, 2320 HoogstratenNACE 7210001
since 20042.142.284.590
Kanunnik De Deckerstraat 20, 2800 Mechelen
Other software publishing
since 20222.335.968.153
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13014B0107/00V006 Flanders 294 m² 1 · 276 m² 12.4 m · 1 fl.
12025A0665/00R000 Flanders 164 m² 1 · 87 m² 14.2 m · 2 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.

Public money · subsidies and aid

Flemish government

2023 to 2024 · 2 entries · 8,281 EUR awarded · 8,280 EUR paid
Year Entries awardedpaid
2024 1 4,568 EUR8,280 EUR
2023 1 3,713 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 8,281 EUR · 8,280 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 3,958 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-10-2004
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
72100
58290Other software publishing
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
72210
72220
72300
72400
72600
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.