Multimo
ActiveSummary
Multimo has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,410 and a net result of €31,410. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-11
Solvency42▼-58
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.79 against 10.23 in 2024; short-term debt: 83.2% and cash: 38.2% of total assets), and 83.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.8%
Return on assets
16.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-05-2026, 85 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
85 d early
2024
44 d early
2023
30 d late
2022
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€32,410▼ 89.7%
2024 · €316,076
Total assets
€193,089▼ 47.6%
2024 · €368,485
Net result
€31,410▼ 79.2%
2024 · €151,356
Working capital
-€33,525
2024 · €262,432
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€109,141-€92,219▼ 15.5%€201,127▲ 118%€42,291▼ 79.0%
Net result€91,509above the sector's middle half-€72,212above the sector's middle half▼ 21.1%€151,356above the sector's middle half▲ 110%€31,410within the sector's middle half▼ 79.2%
Equity€92,509within the sector's middle half-€164,721within the sector's middle half▲ 78.1%€316,076within the sector's middle half▲ 91.9%€32,410within the sector's middle half▼ 89.7%
Total assets€197,592within the sector's middle half-€263,572within the sector's middle half▲ 33.4%€368,485within the sector's middle half▲ 39.8%€193,089within the sector's middle half▼ 47.6%
Debt€105,083-€98,851▼ 5.9%€52,409▼ 47.0%€160,679▲ 207%
Working capital€29,254-€96,530▲ 230%€262,432▲ 172%-€33,525
Solvency46.8%within the sector's middle half-62.5%within the sector's middle half▲ 15.7pp85.8%above the sector's middle half▲ 23.3pp16.8%within the sector's middle half▼ 69.0pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €193,089
Fixed assets
€65,934 ▼ 15.1%
Current assets
€127,155 ▼ 56.3%
Equity and liabilities €193,089
Equity
€32,410 ▼ 89.7%
Debt
€160,679 ▲ 207%
Debt's share of the balance-sheet total rises from 14.2% to 83.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€71,693▼
2024 · €229,703
Cash flow
€60,811▼
2024 · €179,932
Current ratio
0.79▼
2024 · 10.23
Debt to equity
4.96▲
2024 · 0.17
ROE
96.9%▲
2024 · 47.9%
ROA
16.3%▼
2024 · 41.1%
Interest coverage
24.43▼
2024 · 40.14
Debt ≤ 1 year
€160,679▲
2024 · €28,430
Debt > 1 year
€0▼
2024 · €23,979
Income taxes
€7,977▼
2024 · €44,145
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 74% 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 6,703 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,144 | €27,762 | €28,576 | €29,401 | ▲ 2.9% |
| Other operating charges640/8 | €1,141 | €1,903 | €3,920 | €3,550 | ▼ 9.4% |
| Gross operating margin9900 | €121,426 | €121,884 | €233,623 | €75,242 | ▼ 67.8% |
| Operating profit (loss)9901 | €109,141 | €92,219 | €201,127 | €42,291 | ▼ 79.0% |
| Financial income75/76B | €90 | €885 | €96 | €29 | ▼ 69.4% |
| Recurring financial income75 | €90 | €885 | €96 | €29 | ▼ 69.4% |
| Financial charges65/66B | €2,276 | €2,889 | €5,723 | €2,934 | ▼ 48.7% |
| Recurring financial charges65 | €2,276 | €2,889 | €5,723 | €2,934 | ▼ 48.7% |
| Profit (loss) for the period before taxes9903 | €106,955 | €90,216 | €195,500 | €39,386 | ▼ 79.9% |
| Income taxes67/77 | €15,446 | €18,004 | €44,145 | €7,977 | ▼ 81.9% |
| Profit (loss) for the period9904 | €91,509 | €72,212 | €151,356 | €31,410 | ▼ 79.2% |
| Profit (loss) for the period to be appropriated9905 | €91,509 | €72,212 | €151,356 | €31,410 | ▼ 79.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €197,592 | €263,572 | €368,485 | €193,089 | ▼ 47.6% |
| Fixed assets21/28 | €117,271 | €106,199 | €77,623 | €65,934 | ▼ 15.1% |
| Tangible fixed assets22/27 | €117,271 | €106,199 | €77,623 | €65,934 | ▼ 15.1% |
| Plant, machinery and equipment23 | €5,079 | €18,655 | €14,231 | €20,353 | ▲ 43.0% |
| Furniture and vehicles24 | €12,400 | €9,320 | €6,736 | €45,582 | ▲ 577% |
| Leasing and similar rights25 | €99,792 | €78,224 | €56,656 | €0 | ▼ 100% |
| Current assets29/58 | €80,321 | €157,373 | €290,863 | €127,155 | ▼ 56.3% |
| Amounts receivable within one year40/41 | €24,271 | €79,757 | €98,817 | €51,349 | ▼ 48.0% |
| Trade receivables40 | - | €36,251 | €44,668 | €4,341 | ▼ 90.3% |
| Other amounts receivable41 | €24,271 | €43,505 | €54,149 | €47,009 | ▼ 13.2% |
| Cash at bank and in hand54/58 | €56,050 | €76,958 | €192,046 | €73,816 | ▼ 61.6% |
| Deferred charges and accrued income490/1 | - | €659 | €0 | €1,990 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €197,592 | €263,572 | €368,485 | €193,089 | ▼ 47.6% |
| Equity10/15 | €92,509 | €164,721 | €316,076 | €32,410 | ▼ 89.7% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | - | €163,721 | €315,076 | €31,410 | ▼ 90.0% |
| Distributable reserves133 | - | €163,721 | €315,076 | €31,410 | ▼ 90.0% |
| Profit (loss) carried forward14 | €91,509 | €0 | - | €0 | - |
| Amounts payable17/49 | €105,083 | €98,851 | €52,409 | €160,679 | ▲ 207% |
| Amounts payable after more than one year17 | €54,015 | €37,858 | €23,979 | €0 | ▼ 100% |
| Financial debts170/4 | €54,015 | €37,858 | €23,979 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €51,068 | €60,843 | €28,430 | €160,679 | ▲ 465% |
| Current portion of amounts payable after more than one year42 | €15,672 | €16,158 | €13,879 | €0 | ▼ 100% |
| Trade debts44 | €9,803 | €32,977 | €5,292 | €11,880 | ▲ 124% |
| Suppliers440/4 | €9,803 | €32,977 | €5,292 | €11,880 | ▲ 124% |
| Advances received on contracts in progress46 | €18,900 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €172 | €118 | €90 | €500 | ▲ 453% |
| Taxes450/3 | €172 | €118 | €90 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €500 | - |
| Other amounts payable47/48 | €6,521 | €11,591 | €9,169 | €148,299 | ▲ 1,517% |
| Accrued charges and deferred income492/3 | - | €150 | €0 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €91,509 | €72,212 | €151,356 | €31,410 | ▼ 79.2% |
| + Depreciation and write-downs630 | €11,144 | €27,762 | €28,576 | €29,401 | ▲ 2.9% |
| Operating cash flow (approximation) | €102,653 | €99,974 | €179,932 | €60,811 | ▼ 66.2% |
| Investment in fixed assets (approximation) | - | -€16,690 | €0 | -€17,713 | - |
| Change in cash | - | €20,908 | €115,088 | -€118,230 | ▼ 203% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
State Gazette act
Appointment: Luc Rogiers (director)2 facts ▸
State Gazette act
Appointment: Luc Rogiers (director)
2 facts ▸
- General meeting, 14-08-2026
- Director appointment, Luc Rogiers (director)
07-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €31,410 ▼79.2%
Net result drops to €31,410, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €151,356 ▲110%
Operating result €201,127, net result €151,356, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 10.23
Current ratio from 2.59 to 10.23; short-term debt falls from €60,843 to €28,430.
31-12
Financial
Equity above €200,000Eq €316,076 ▲91.9%
3 profitable years in a row build equity to €316,076.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €150,000Eq €164,721 ▲78.1%
2 profitable years in a row build equity to €164,721.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Luc Rogiers
CurrentDirector · since 14-08-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Erpe-Mere · 1 establishment unit since 2021
Ground area
679 m²
Building footprint
173 m²
Volume, LiDAR
897 m³
Parcel 41009A0069/00G000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Multimo
since 20212.319.045.316
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41009A0069/00G000 | Flanders | 679 m² | 1 · 173 m² | 10.0 m · 2 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.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Luc Rogiers |
|
Articles of association
Who signs
Each director alone
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
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Of 9,699 companies in sector 68121 we hold annual accounts for 7,393. 4,623 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0770474364
Also
9925:BE0770474364
Registered
27-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.