Multios
Open bankruptcyFinancials · financial year 2024, full format
2024 annual accounts filed late (64 days) Filed on 3 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00527926.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€30,759▲ 92.1%
2023 · -€388,879
Working capital
€473,503▲ 158%
2023 · €183,660
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result returns to profit in 2024: €15,055 after a loss of €403,452 in 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.02m
2024
Net result-€0.03m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.6m
2024
Equity€0.9m
2024
Debt€0.7m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.5m
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-1.9%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency55.8%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.78
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)6.8
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 63, Computing infrastructure, data processing, hosting and other information service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€0.006m-€0.03m▲ 370%€0.005m▼ 79.4%€0.01m▲ 163%€0.07m▲ 433%-€0.4m€0.02m
Net result-€0.006m-€0.004m-€0.008mbelow the sector's middle half€347within the sector's middle half€0.06mwithin the sector's middle half▲ 187×-€0.4mbelow the sector's middle half-€0.03mbelow the sector's middle half▲ 92.1%
Equity€0.1m-€0.1m▲ 2.8%€0.1mwithin the sector's middle half▼ 6.2%€0.5mwithin the sector's middle half▲ 279%€0.5mwithin the sector's middle half▲ 12.0%€0.6mwithin the sector's middle half▲ 5.7%€0.9mwithin the sector's middle half▲ 60.7%
Total assets€0.4m-€0.3m▼ 10.2%€0.3mwithin the sector's middle half▼ 11.0%€0.7mwithin the sector's middle half▲ 132%€0.9mwithin the sector's middle half▲ 33.3%€1.3mwithin the sector's middle half▲ 44.2%€1.6mwithin the sector's middle half▲ 18.4%
Debt€0.3m-€0.2m▼ 16.9%€0.2m▼ 14.1%€0.2m▲ 30.4%€0.4m▲ 75.8%€0.8m▲ 93.1%€0.7m▼ 11.2%
Working capital-€0.07m--€0.1m▼ 41.3%-€0.04mbelow the sector's middle half▲ 62.7%-€0.05mbelow the sector's middle half▼ 24.9%€0.1mwithin the sector's middle half€0.2mwithin the sector's middle half▲ 63.7%€0.5mwithin the sector's middle half▲ 158%
Solvency33.8%-38.7%▲ 4.9pp40.8%within the sector's middle half▲ 2.1pp66.7%within the sector's middle half▲ 25.9pp56.0%within the sector's middle half▼ 10.6pp41.1%within the sector's middle half▼ 14.9pp55.8%within the sector's middle half▲ 14.7pp
Current ratio0.44-0.18▼ 0.270.52below the sector's middle half▲ 0.340.64below the sector's middle half▲ 0.121.55within the sector's middle half▲ 0.911.38within the sector's middle half▼ 0.162.78within the sector's middle half▲ 1.40
Return on assets (ROA)-1.6%-1.0%▲ 2.7pp-2.7%below the sector's middle half▼ 3.8pp0.0%within the sector's middle half▲ 2.8pp6.9%within the sector's middle half▲ 6.9pp-28.9%below the sector's middle half▼ 35.8pp-1.9%below the sector's middle half▲ 27.0pp
Staff (FTE)0.1-1.3below the sector's middle half5.5within the sector's middle half▲ 323%6.8within the sector's middle half▲ 23.6%
above
within
below
the middle half of NACE 63, Computing infrastructure, data processing, hosting and other information service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.6m
Fixed assets
€839,890 ▲ 26.5%
Current assets
€739,725 ▲ 11.4%
Equity and liabilities €1.6m
Equity
€888,786 ▲ 60.7%
Debt
€704,203 ▼ 11.2%
Debt's share of the balance-sheet total falls from 58.9% to 44.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€280,245▲
2023 · -€156,465
Cash flow
€234,432▲
2023 · -€141,892
Debt to equity
0.79▼
2023 · 1.43
ROE
-3.5%▲
2023 · -70.3%
Interest coverage
6.31▲
2023 · -10.06
Debt ≤ 1 year
€266,222▼
2023 · €480,110
Debt > 1 year
€437,981▲
2023 · €312,750
Income taxes
€1,367▼
2023 · €6,849
Staff costs
€342,043▲
2023 · €264,041
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €134 | - |
| Remuneration, social security and pensions62 | - | - | - | €10,084 | €88,423 | €264,041 | €342,043 | ▲ 29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49,311 | €45,893 | €51,274 | €53,737 | €84,783 | €246,987 | €265,190 | ▲ 7.4% |
| Other operating charges640/8 | - | - | - | €2,529 | €3,819 | €4,249 | €7,518 | ▲ 77.0% |
| Non-recurring operating charges66A | - | - | - | - | €7,256 | - | - | - |
| Gross operating margin9900 | €88,746 | €76,401 | €64,735 | €80,411 | €259,226 | €111,825 | €629,806 | ▲ 463% |
| Operating profit (loss)9901 | €5,537 | €26,034 | €5,352 | €14,061 | €74,945 | -€403,452 | €15,055 | - |
| Financial income75/76B | - | - | - | €2,505 | €14,730 | €42,773 | €0 | ▼ 100.0% |
| Recurring financial income75 | €1,756 | €3,923 | €1,131 | €2,505 | €14,730 | €41,515 | €0 | ▼ 100.0% |
| Non-recurring financial income76B | - | - | - | - | €14,730 | €1,258 | - | - |
| Financial charges65/66B | - | - | - | €12,558 | €22,018 | €21,351 | €44,447 | ▲ 108% |
| Recurring financial charges65 | €13,633 | €20,790 | €14,121 | €12,558 | €11,920 | €15,551 | €44,447 | ▲ 186% |
| Non-recurring financial charges66B | - | - | - | - | €10,098 | €5,800 | - | - |
| Profit (loss) for the period before taxes9903 | -€6,340 | €9,167 | -€7,638 | €4,008 | €67,657 | -€382,030 | -€29,392 | ▲ 92.3% |
| Income taxes67/77 | -€194 | €5,623 | €579 | €3,661 | €2,914 | €6,849 | €1,367 | ▼ 80.0% |
| Profit (loss) for the period9904 | -€6,146 | €3,544 | -€8,217 | €347 | €64,743 | -€388,879 | -€30,759 | ▲ 92.1% |
| Profit (loss) for the period to be appropriated9905 | -€6,146 | €3,544 | -€8,217 | €347 | €64,743 | -€388,879 | -€30,759 | ▲ 92.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.4m | €0.3m | €0.3m | €0.7m | €0.9m | €1.3m | €1.6m | ▲ 18.4% |
| Formation expenses20 | - | - | - | - | €0.02m | €0.02m | €0.01m | ▼ 26.1% |
| Fixed assets21/28 | €0.3m | €0.3m | €0.3m | €0.6m | €0.6m | €0.7m | €0.8m | ▲ 26.5% |
| Intangible fixed assets21 | €0.06m | €0.1m | €0.08m | €0.07m | €0.6m | €0.6m | €0.8m | ▲ 26.9% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | €0.5m | €0.03m | €0.02m | €0.02m | ▲ 9.6% |
| Land and buildings22 | - | - | - | €0.5m | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.007m | €0.006m | €0.004m | €0.002m | ▼ 46.7% |
| Furniture and vehicles24 | - | - | - | €0.003m | €0.02m | €0.01m | €0.02m | ▲ 29.8% |
| Financial fixed assets28 | €0.05m | €98 | €98 | €0.01m | €0.001m | €98 | - | - |
| Current assets29/58 | €0.06m | €0.02m | €0.04m | €0.09m | €0.3m | €0.7m | €0.7m | ▲ 11.4% |
| Stocks and contracts in progress3 | - | - | - | €0.009m | - | - | - | - |
| Contracts in progress37 | - | - | - | €0.009m | - | - | - | - |
| Amounts receivable within one year40/41 | €0.05m | €0.02m | €0.03m | €0.08m | €0.08m | €0.4m | €0.7m | ▲ 81.1% |
| Trade receivables40 | - | - | - | €0.04m | €0.06m | €0.4m | €0.08m | ▼ 77.7% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.01m | €0.02m | €0.6m | ▲ 26× |
| Current investments50/53 | - | - | - | - | €0.2m | €0.3m | €0.008m | ▼ 97.1% |
| Cash at bank and in hand54/58 | €0.007m | €0.002m | €0.002m | €0.001m | €0.001m | €242 | €0.001m | ▲ 433% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.009m | €0.001m | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.4m | €0.3m | €0.3m | €0.7m | €0.9m | €1.3m | €1.6m | ▲ 18.4% |
| Equity10/15 | €0.1m | €0.1m | €0.1m | €0.5m | €0.5m | €0.6m | €0.9m | ▲ 60.7% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.6m | €1.1m | €1.1m | = |
| Capital10 | - | - | - | €0.1m | €0.6m | €1.1m | €1.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.6m | €1.1m | €1.1m | = |
| Revaluation surpluses12 | - | - | - | €0.3m | - | - | - | - |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €330 | €330 | €330 | = |
| Legal reserve130 | - | - | - | €0.002m | €330 | €330 | €330 | = |
| Distributable reserves133 | - | - | - | €0.01m | €0.001m | €0.001m | €0.001m | = |
| Profit (loss) carried forward14 | €0.02m | €0.02m | €0.01m | €0.01m | -€0.1m | -€0.5m | -€0.5m | ▼ 6.0% |
| Investment grants15 | - | - | - | - | - | - | €0.4m | - |
| Amounts payable17/49 | €0.3m | €0.2m | €0.2m | €0.2m | €0.4m | €0.8m | €0.7m | ▼ 11.2% |
| Amounts payable after more than one year17 | €0.1m | €0.08m | €0.1m | €0.1m | €0.2m | €0.3m | €0.4m | ▲ 40.0% |
| Financial debts170/4 | - | - | - | €0.04m | €0.2m | €0.3m | €0.4m | ▲ 40.0% |
| Other amounts payable178/9 | - | - | - | €0.05m | - | - | - | - |
| Amounts payable within one year42/48 | €0.1m | €0.1m | €0.08m | €0.1m | €0.2m | €0.5m | €0.3m | ▼ 44.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.1m | €0.03m | €0.1m | ▲ 351% |
| Financial debts43 | - | - | - | €0.03m | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0.03m | - | - | - | - |
| Trade debts44 | €0.01m | €0.02m | €0.02m | €0.06m | €0.01m | €0.4m | €0.03m | ▼ 90.6% |
| Suppliers440/4 | - | - | - | €0.06m | €0.01m | €0.4m | €0.03m | ▼ 90.6% |
| Advances received on contracts in progress46 | - | - | - | €0.008m | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.07m | €0.09m | €0.1m | ▲ 12.2% |
| Taxes450/3 | - | - | - | €0.02m | €0.06m | €0.04m | €0.04m | ▼ 2.6% |
| Remuneration and social security454/9 | - | - | - | - | €0.01m | €0.05m | €0.06m | ▲ 25.2% |
| Other amounts payable47/48 | - | - | - | - | €0.003m | €0.005m | €0.004m | ▼ 31.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,146 | €3,544 | -€8,217 | €347 | €64,743 | -€388,879 | -€30,759 | ▲ 92.1% |
| + Depreciation and write-downs630 | €49,311 | €45,893 | €51,274 | €53,737 | €84,783 | €246,987 | €265,190 | ▲ 7.4% |
| Operating cash flow (approximation) | €43,165 | €49,437 | €43,057 | €54,084 | €149,526 | -€141,892 | €234,432 | - |
| Investment in fixed assets (approximation) | - | -€44,059 | €5,476 | -€406,446 | -€64,913 | -€317,722 | -€441,022 | ▼ 38.8% |
| Change in cash | - | -€5,429 | €74 | -€1,508 | €654 | -€944 | €1,050 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | full format | 03-10-2025 | 2025-00527926 |
| 31-12-2023 | full format | 20-08-2024 | 2024-00356433 |
| 31-12-2022 | full format | 04-08-2023 | 2023-00312809 |
| 31-12-2021 | full format | 21-07-2022 | 2022-20216029 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-59400153 |
| 31-12-2019 | full format | 26-08-2020 | 2020-45200227 |
| 31-12-2018 | full format | 01-08-2019 | 2019-42500363 |
| 31-12-2017 | full format | 31-07-2018 | 2018-42300361 |
| 31-12-2016 | full format | 26-06-2017 | 2017-20600017 |
| 31-12-2015 | full format | 19-09-2016 | 2016-60400043 |
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Public contracts
1 award · 2025
Services de développement et maintenance d’un système d’information: BE.SGP.2024.01 - 1
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.