MULTIPAT

Active Public limited companyfounded 1937active for 89 yearsRue du Mont 114, 1360 PerwezKBO/BCE: BE 0402.507.339 #1 oldest company in Perwez

MULTIPAT

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Overview

Lifetime

19 annual accounts with figures on one time axis, 48 filings since 1978

Compare with

peak €710,058 (2023)

€9,578▲ €10,661

lowest -€106,947 (2024)

-€62,197▲ €44,750

peak €1.3m (2023)

€1.1m▼ 5.3%

€509,218▼ 6.2%

peak 1 FTE (2024)

1 FTEunchanged

Board2 names since 2021

1 director

Documentsfilings and deeds

30-01-20261 day before the deadline

2025financial year

Gross margin from -€1,083 to €9,578Loss of €62,197Investments €187,028Cash from €195,256 to €118,638

Key points

from the 2025 annual accounts

Losses

-€169,145 in two years

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Turnover

≈ €56,000 estimated

The accounts state no turnover.

Investments

€193,672 2.6 × depreciation

Green is investment, beige is depreciation.

Staff

1 employees on 30-06-2025

In 2025, 1 person joined and 1 left.

Liquidity

4.99 was 7.05 in 2024

Short-term debts fell from €95,254 to €91,110.

Filings

48 annual accounts since 1978

Four of the last ten came late. The 2024 accounts came latest: 68 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as MULTIPAT has now. Each dot stands for 31 companies, two years later.

90.3%

were still trading

8.5%

stopped another way

0.7%

went bankrupt

Micro
20 years or older
solvency 30% or more
a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	2.9%	3.1%
10	5.6%	6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,322 companies, not a prediction for MULTIPAT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 03-12-2021

Board & ownership

Recent changes

02-10-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0402507339

23-11-2023

Change of role: , from director to sole director Resignation: (director) · Director discharge: · Director discharge: · Gazette deed

20-04-2022

Reappointments: (managing director) and (director) General meeting of 03-12-2021 · Gazette deed

01-02-2019

Registered-office move · Purpose change · Amendment of the articles “Stockage machines et fourrage pour animaux; Gardiennage de chevaux et autres animaux (chiens,chats,...)…” (deed in French) · Gazette deed

All 64 events

Comparable companies

same main activity, similar in size and age

Company
MULTIPAT Perwez	€1.8m	€9,578	60.2%	1
Arcadimmo Schilde	€3.4m	€11,929	49.6%	2.8
Centre Equestre du Moulin Philippeville	€0.7m	€12,505	-15.4%	-
LE MOULIN Perwez	€0.8m	€45,018	6.0%	-
TROJAN HORSE STABLES Faimes	€1.2m	€38,086	9.6%	-
HARAS DE LIGNY Fleurus	€1.0m	€3,012	-63.1%	-
EPONA ST Kortrijk	€0.4m	€27,981	77.5%	-

These companies have the same main activity as MULTIPAT: equestrian clubs (NACE 93127). They are comparable in size and age: total assets between €438,000 and €3.4m, founded between 1985 and 1999.

Official details

Source: KBO

Status: Active since 04-03-1937Normal situation
Activity: Equestrian clubsNACE 93127
Joint committee: 144Agriculture · annual accounts 30-06-2025
Establishment unit: 2.005.027.9091360 Perwez, since 19-12-1988
Financial year end: 30 June
Peppol: Reachable since 02-10-2026

Company details

Annual accounts to 30-06-2025

: €9,578
: €62,197▼ 41.8%
: €1.1m▼ 5.3%
: €1.8m▼ 5.4%
Employeeson 30-06-2025: 1=
Filing: Filed on 30-01-2026, 1 day before the end of the filing period

Financials

Insights on MULTIPAT

MULTIPAT has existed since 1937. In 2023 the gross margin rose from €16,168 to €710,058.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 30-01-2026, 1 day before the deadline

€9,578

▲ €10,661

-€78,120

▼ €6,924

-€62,197

▲ €44,750

€363,779

▼ 36.9%

60.2%

unchanged

4.99

▼ 2.06

The turnover shown is an estimate from the gross margin.

Turnover ≈ €56,000. Estimated: probably between €25,000 and €130,000.

In the rankings #1 oldest company in Perwez

Balance sheet

balance sheet total €1.8m on 30-06-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

60.2%

Higher than 74% of 475 companies in 2024.

4.99

Higher than 92% of 468 companies in 2024.

-3.4%

Higher than 22% of 473 companies in 2024.

MULTIPAT Middle half of the sector 80% of the sector Full accounts in sports and recreation (NACE 93)

Staff

€6,121

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 1 person joined and 1 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	1.8m	1.9m	2.1m	1.6m	1.6m	1.1m	1.2m	1.3m	1.0m	832,568	838,687	901,219	916,369	982,847	929,262	788,947	799,785	806,895	821,618
`21/28`	1.4m	1.3m	1.2m	1.2m	1.4m	846,347	755,264	698,423	293,485	269,512	287,700	670,339	680,197	687,745	679,776	725,318	736,374	749,054	758,302
`22/27`	1.4m	1.3m	1.2m	1.2m	1.4m	846,226	755,143	698,302	293,364	269,391	287,579	149,763	159,621	167,168	159,199	204,742	215,798	228,477	237,726
`22`	1.4m	1.3m	1.2m	1.2m	1.3m	812,580	714,549	649,729	225,227	245,752	255,024	132,846	137,954	143,062	148,169	195,593	202,486	209,379	216,271
`23`	11,886	17,717	23,116	27,233	25,169	29,792	35,895	42,991	15,671	20,969	29,469	14,879	19,360	23,841	10,726	8,526	12,700	18,156	21,248
`24`	1,317	804	1,261	-	-	-	-	38	76	114	152	190	227	265	303	622	612	943	207
`26`	-	-	-	2,164	3,009	3,854	4,699	5,545	6,390	2,557	2,934	1,849	2,080	-	-	-	-	-	-
`27`	-	-	500	-	-	-	-	-	46,000	-	-	-	-	-	-	-	-	-	-
`28`	121	121	121	121	121	121	121	121	121	121	121	520,576	520,576	520,576	520,576	520,576	520,576	520,576	520,576
`29/58`	454,889	671,769	910,493	389,536	214,479	278,853	488,922	590,371	737,782	563,056	550,987	230,879	236,171	295,103	249,486	63,629	63,411	57,841	63,316
`3`	5,197	4,322	3,266	2,026	1,350	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`30/36`	5,197	4,322	3,266	2,026	1,350	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`40/41`	69,601	61,870	43,163	256,087	37,062	33,173	16,810	14,819	7,343	5,863	4,095	3,248	3,490	56,439	372	505	384	538	537
`40`	54,127	35,119	21,362	234,668	16,000	17,544	1,485	-	-	-	-	-	-	33	-	133	12	164	164
`41`	15,474	26,751	21,800	21,420	21,062	15,629	15,325	14,819	7,343	5,863	4,095	3,248	3,490	56,406	372	372	372	374	373
`50/53`	256,148	405,266	183,536	101,455	136,467	158,063	197,790	244,759	244,759	244,759	244,759	72,130	72,130	72,130	50,456	50,456	50,456	50,456	50,456
`54/58`	118,638	195,256	678,892	22,155	31,643	82,179	274,322	330,793	485,680	312,434	302,134	155,252	160,552	166,535	198,659	11,094	10,975	4,329	9,912
`490/1`	5,306	5,055	1,637	7,813	7,956	5,438	-	-	-	-	-	251	-	-	-	1,574	1,596	2,519	2,412
Balance sheet: equity and liabilities
`10/49`	1.8m	1.9m	2.1m	1.6m	1.6m	1.1m	1.2m	1.3m	1.0m	832,568	838,687	901,219	916,369	982,847	929,262	788,947	799,785	806,895	821,618
`10/15`	1.1m	1.2m	1.3m	719,485	767,975	756,746	855,054	895,807	922,771	784,751	783,209	798,269	810,218	825,263	763,736	646,950	654,345	662,300	676,416
`10/11`	128,790	128,790	128,790	128,790	128,790	128,790	128,790	128,790	128,790	128,790	128,790	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500
`10`	128,790	128,790	128,790	128,790	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	128,790	128,790	128,790	128,790	128,790	128,790	128,790	128,790	128,790	128,790	128,790	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500
`13`	1.4m	1.4m	1.4m	891,444	899,856	894,398	888,447	895,850	830,850	692,465	694,156	810,967	812,658	814,349	816,040	695,554	697,245	698,936	700,627
`130/1`	10,837	10,837	10,837	10,837	10,837	10,837	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	10,837	10,837	10,837	10,837	10,837	10,837	10,837	10,837	10,837	10,837	10,837	6,197	6,197	6,197	6,197	6,197	6,197	6,197	6,197
`132`	1.2m	1.2m	1.2m	698,795	707,208	701,750	695,799	703,202	638,202	499,817	501,508	623,706	625,397	627,088	628,779	508,293	509,984	511,675	513,366
`133`	181,811	181,811	181,811	181,811	181,811	181,811	181,811	181,811	181,811	181,811	181,811	181,064	181,064	181,064	181,064	181,064	181,064	181,064	181,064
`14`	-370,946	-335,108	-254,520	-300,749	-260,670	-266,442	-162,183	-128,833	-36,869	-36,503	-39,737	-74,198	-63,940	-50,586	-113,804	-110,104	-104,400	-98,136	-85,712
`16`	223,214	232,000	240,787	70,101	72,905	89,579	106,746	110,559	77,089	8,547	9,683	73,702	74,837	75,973	77,108	15,360	16,495	17,631	18,766
`168`	223,214	232,000	240,787	70,101	72,905	89,579	106,746	110,559	77,089	8,547	9,683	73,702	74,837	75,973	77,108	15,360	16,495	17,631	18,766
`17/49`	509,218	542,857	569,987	800,910	747,415	278,875	282,386	282,428	31,407	39,269	45,795	29,248	31,313	81,612	88,418	126,637	128,945	126,964	126,436
`17`	418,107	447,603	476,469	504,849	506,913	196,471	223,515	250,043	6,595	6,595	6,595	6,595	6,595	6,595	6,595	46,595	46,108	54,041	61,454
`170/4`	418,107	447,603	476,469	504,849	506,913	196,471	223,515	250,043	6,595	6,595	6,595	6,595	6,595	6,595	6,595	46,595	46,108	54,041	61,454
`42/48`	91,110	95,254	93,518	295,215	239,651	81,184	58,871	32,385	24,812	32,674	39,200	22,653	24,718	75,017	31,879	27,843	32,120	29,131	24,742
`42`	29,496	28,866	28,380	27,838	29,715	29,274	28,300	6,552	-	-	-	-	-	-	-	-	7,933	7,933	7,933
`44`	29,161	33,257	35,023	232,422	180,374	19,196	2,741	1,027	-	359	7,057	214	2,323	12	6,818	4,656	1,000	7,803	3,240
`440/4`	23,134	28,589	30,197	232,422	180,374	19,196	2,741	1,027	-	359	7,057	214	2,323	12	6,818	4,656	1,000	7,803	3,240
`441`	6,027	4,668	4,827	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`46`	-	-	-	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`45`	1,037	2,824	-	-	-	1,686	500	-	-	7,504	7,504	-	-	-	-	-	-	-	-
`450/3`	-	1,962	-	-	-	686	500	-	-	7,504	7,504	-	-	-	-	-	-	-	-
`454/9`	1,037	862	-	-	-	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`47/48`	31,417	30,308	30,115	32,456	29,562	31,027	27,330	24,805	24,812	24,812	24,639	22,440	22,396	75,005	25,061	23,187	23,187	13,395	13,569
`492/3`	-	-	-	846	850	1,220	-	-	-	-	-	-	-	-	49,944	52,199	50,716	43,792	40,241
Income statement
`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	208	-	-
`9900`	9,578	-1,083	710,058	16,168	2,188	-39,730	-20,606	97,992	215,895	-1,486	-1,026	2,153	-5,816	-4,659	5,955	10,660	13,252	8,941	20,308
`62`	6,121	4,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`630`	74,771	61,151	51,789	49,107	44,798	32,393	29,950	94,869	13,328	18,188	15,784	9,858	9,858	9,627	7,302	11,435	12,679	13,978	13,525
`640/8`	6,807	4,212	5,821	4,969	5,133	4,760	2,355	7,067	8,190	3,257	3,556	5,392	2,403	5,156	5,426	5,297	5,141	5,444	5,736
`66A`	-	-	-	-	-	-	-	-	-	-	137,966	-	-	-	-	-	-	-	-
`9901`	-78,120	-71,197	652,448	-37,908	-47,743	-76,883	-52,911	-3,943	194,376	-22,932	-20,366	-13,097	-18,078	-19,442	-6,773	-6,073	-4,568	-10,480	1,046
`75/76B`	15,648	40,105	4,739	6,306	36,329	7,687	13,573	11,699	14,681	23,625	16,229	57	1,669	80,083	276	20	3	12	7
`75`	15,648	40,105	4,739	6,306	36,329	7,687	13,573	11,699	14,681	23,625	16,229	57	1,669	80,083	276	20	3	12	7
`65/66B`	8,405	84,496	-72,548	19,693	-6,393	45,904	5,044	1,122	230	234	261	46	53	0	-	2,475	4,732	4,782	6,317
`65`	8,405	84,496	-72,548	19,693	-6,393	45,904	5,044	1,122	230	234	261	46	53	0	-	2,475	4,732	4,782	6,317
`9903`	-70,877	-115,587	729,735	-51,295	-5,021	-115,101	-44,381	6,634	208,828	460	-142,363	-13,085	-16,462	60,641	-6,497	-8,528	-9,088	-15,250	-5,264
`780`	8,786	8,786	8,786	2,804	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`680`	-	-	179,472	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	107	146	764	-	423	375	185	128	2,266	53	11,063	-	-282	249	30	3	2	1	-
`9904`	-62,197	-106,947	558,286	-48,491	11,230	-98,308	-40,754	-26,964	138,020	1,542	-89,407	-11,949	-15,045	61,528	-5,391	-7,395	-7,955	-14,116	-4,128
`789`	26,359	26,359	26,359	8,412	8,412	7,898	7,404	7,404	11,324	1,691	123,868	1,691	1,691	1,691	1,691	1,691	1,691	1,691	1,691
`689`	-	-	538,416	-	13,870	13,850	-	72,404	149,709	-	-	-	-	-	-	-	-	-	-
`9905`	-35,838	-80,588	46,229	-40,079	5,772	-104,259	-33,350	-91,964	-366	3,233	34,461	-10,258	-13,354	63,219	-3,700	-5,704	-6,264	-12,424	-2,437
Appropriation of the result
`9906`	-370,946	-335,108	-254,520	-300,749	-260,670	-266,442	-162,183	-128,833	-36,869	-36,503	-39,737	-74,198	-63,940	-50,586	-113,804	-110,104	-104,400	-98,136	-85,712
`14P`	-335,108	-254,520	-300,749	-260,670	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	1	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Hours worked`1013`	1,500	1,063	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 29 older financial years (1978-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 30-01-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
30-06-2025	full format	30-01-2026	2026-00019932	PDF
30-06-2024	full format	09-04-2025	2025-00066185	PDF
30-06-2023	full format	27-02-2024	2024-00034726	PDF
30-06-2022	micro format	13-02-2023	2023-00026632	PDF
30-06-2021	micro format	31-01-2022	2022-02900143	PDF
30-06-2020	micro format	23-02-2021	2021-05800391	PDF
30-06-2019	micro format	19-12-2019	2019-76800002	PDF
30-06-2018	micro format	06-11-2018	2018-71700416	PDF
30-06-2017	full format	07-11-2017	2017-69300508	PDF
30-06-2016	full format	03-11-2016	2016-67400531	PDF
30-06-2015	full format	07-01-2016	2016-00700001	PDF
30-06-2014	full format	25-11-2014	2014-67600194	PDF
30-06-2013	full format	21-01-2014	2014-01200274	PDF
30-06-2012	full format	13-02-2013	2013-03700529	PDF
30-06-2011	full format	22-02-2012	2012-04200589	PDF
30-06-2010	full format	19-11-2010	2010-61000104	PDF
30-06-2009	full format	28-12-2009	2009-91000302	PDF
30-06-2008	full format	20-01-2009	2009-01600379	PDF
30-06-2007	full format	23-01-2008	2008-02200074	PDF
30-06-2006	full format	01-12-2006	2006-89604817	PDF
30-06-2005	full format	31-10-2005	2005-85300697	PDF
30-06-2004	full format	27-10-2004	2004-76204374	PDF
30-06-2003	full format	18-11-2003	2003-79801554	PDF
30-06-2002	full format	06-11-2002	2002-70800809	PDF
30-06-2001	full format	02-11-2001	2001-68104727	PDF
30-06-2000	full format	09-11-2000	2000-70505117	PDF
30-06-1999	full format	23-11-1999	1999-60001051	PDF
30-06-1998	full format	14-12-1998	1998-61403050	PDF
30-06-1997	full format	23-10-1997	1997-50201357	PDF
30-06-1996	full format	30-10-1996	1996-49302376	PDF
30-06-1995	full format	06-12-1995	1995-59101452	PDF
30-06-1994	full format	06-12-1994	1994-49400310	PDF
30-06-1993	full format	05-01-1994	1994-00300749	PDF
30-06-1992	full format	07-01-1993	1993-00403682	PDF
30-06-1991	full format	08-01-1992	1992-00604946	PDF
30-06-1990	full format	15-01-1991	1991-00604912	PDF
30-06-1989	full format	23-01-1990	1990-00503168	PDF
30-06-1988	full format	12-10-1988	1988-22003311	PDF
30-06-1987	full format	29-10-1987	1987-23904021	PDF
30-06-1986	full format	10-10-1986	1986-40801796	PDF
30-06-1985	full format	10-10-1985	1985-35500859	PDF
30-06-1984	unclassified schema	23-10-1984	1984-14200556	PDF
30-06-1983	unclassified schema	24-10-1983	1983-13300346	PDF
30-06-1982	unclassified schema	11-10-1982	1982-12401451	PDF
30-06-1981	unclassified schema	15-10-1981	1981-12000444	PDF
30-06-1980	unclassified schema	10-10-1980	1980-11601188	PDF
30-06-1979	unclassified schema	08-10-1979	1979-11400654	PDF
30-06-1978	unclassified schema	20-10-1978	1978-07902293	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
-3,350	-10,046	704,237	11,199	-2,945	-44,490	-22,961	90,926	207,705	-4,743	-4,582	-3,239	-8,220	-9,815	529	5,363	8,112	3,497	14,572
12,573	-45,796	610,074	616	56,028	-65,916	-10,804	67,905	151,348	19,730	-73,623	-2,091	-5,187	71,155	1,911	4,040	4,725	-138	9,397
193,672	157,012	110,991	40,517	572,268	128,897	86,791	580,562	85,950	0	356,287	0	2,311	17,596	6,699	379	0	4,729	-
-76,617	-483,636	656,737	-9,489	-50,536	-192,144	-56,471	-154,887	173,245	10,301	146,882	-5,300	-5,983	-32,124	187,564	119	6,646	-5,583	-
363,779	576,515	816,976	94,321	-25,173	197,669	430,052	557,986	712,970	530,382	511,787	208,226	211,453	220,086	217,607	35,786	31,291	28,710	38,574
60.2%	60.2%	61.2%	45.2%	48.4%	67.3%	68.7%	69.5%	89.5%	94.3%	93.4%	88.6%	88.4%	84.0%	82.2%	82.0%	81.8%	82.1%	82.3%
4.99	7.05	9.74	1.32	0.89	3.43	8.30	18.23	29.74	17.23	14.06	10.19	9.55	3.93	7.83	2.29	1.97	1.99	2.56
4.94	7.01	9.70	1.31	0.89	3.43	8.30	18.23	29.74	17.23	14.06	10.19	9.55	3.93	7.83	2.29	1.97	1.99	2.56
0.46	0.46	0.45	1.11	0.97	0.37	0.33	0.32	0.03	0.05	0.06	0.04	0.04	0.10	0.12	0.20	0.20	0.19	0.19
-5.6%	-9.1%	43.7%	-6.7%	1.5%	-13.0%	-4.8%	-3.0%	15.0%	0.2%	-11.4%	-1.5%	-1.9%	7.5%	-0.7%	-1.1%	-1.2%	-2.1%	-0.6%
-3.4%	-5.5%	26.7%	-3.0%	0.7%	-8.7%	-3.3%	-2.1%	13.4%	0.2%	-10.7%	-1.3%	-1.6%	6.3%	-0.6%	-0.9%	-1.0%	-1.7%	-0.5%
-0.40	-0.12	-9.71	0.57	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	30-06-2025	30-06-2024
Employees at the balance-sheet date	1	1
full-time	1	1
in full-time equivalents	1	1
	0.8	1
On a permanent contract	1	1
Joined	1	1
Left	1	0

Source: social balance sheet in the 2024 to 2025 annual accounts

Securities and guarantees

on own assets and for others

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Mortgages, amount registered	€27,500	€27,500	€27,500	€27,500
Carrying value of the mortgaged assets	€1.3m	€1.2m	€1.1m	€1.0m

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	€193,672	€157,012	€110,991	€40,517
	€74,771	€61,151	€51,789	€49,107

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on MULTIPAT

The operating result for 2025 is a loss of €78,120, larger than the loss of €71,197 in 2024. It is the lowest result since 2007.

Debt's share of the balance-sheet total falls from 27.9% to 27.7%. Equity and debt are lower.

Board & ownership

Board

1 director, last change in 2023

Sole director

since 03-12-2021 term until 03-12-2027

earlier director, until 23-11-2023

listed in the 2025 annual accounts, filed on 30-01-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Sole director

Director

BoardEarlierRest of the termmandate already running before its first mentionend not dated

Mandates as a list

- Director, from 03-12-2021 to 23-11-2023
- Managing director, from before 20-04-2022, ended, last mentioned on 20-04-2022
- Sole director, appointed by deed of 23-11-2023, still in office
- Director, from 03-12-2021 to 23-11-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital: €128,790.08
Shares: 1,089
Contribution per share: €118
Equity per share: €1,018 in 2025
Source: deed of 23-11-2023

Articles of association

deed of 23-11-2023 (in French)

Duration: Unlimited
Board rule: 1 director
Annual meeting: First Friday of December

Network & group

Holdings

own accounts to 30-06-2014, the bar shows equity in euros

This companyMULTIPAT1 holding, 1 country accounts to 30-06-2014

Belgium 1 Equity Result

BE 84%no longer active €431,037 result €13,809

Source: list of holdings in its own 30-06-2014 accounts. The amounts are in that list and come from the holdings' accounts at 30-09-2012, in their own currency.

At the same address

Rue du Mont 114, 1360 Perwez · 2 other companies

Wouters, Yves (sole trader) establishment since 02-11-2020	founded in 2020 0758.375.890
Defoirdt, Vincent (sole trader) establishment since 07-07-2014	founded in 2014 0555.750.414

Holdings through the years

2007 to 2014

Holdings through the years
Name	2007	2008	2009	2010	2011	2012	2013	2014
2007 to 2014: 84%	84%

Source: list of holdings in its own accounts

Timeline

64 events since 1937

Board

Capital

Filings

Financial

Establishments

Address

194019451950195519601965197019751980198519901995200020052010201520202025

Deadline for the 2026 accounts: 31-01-2027

2026

02-10-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0402507339

30-01-2026

Annual accounts 2025 filed PDFfull format · 1 day before the deadline

2025

09-04-2025

Annual accounts 2024 filed PDFfull format · 68 days late

2024

30-06-2024

Weakest financial year net -€106,947 The net result drops to -€106,947, the lowest from 2007 to 2025. It recovers the following year.

27-02-2024

Annual accounts 2023 filed PDFfull format · 27 days late

2023

23-11-2023

Change of role: , from director to sole directorResignation: (director) · Director discharge: · Director discharge: 7 points ▸

Director resignation,
Director resignation,
Director discharge,
Director discharge,
Director appointment, (sole director)
Registered office clause, 1360-Perwez, rue du Mont 114
Capital, €128,790.08, 1,089 shares
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

30-06-2023

Back to profit net €558,286 The net result is €558,286, after one loss-making year.

30-06-2023

Liquidity more than 7 times current ratio 9.74 The current ratio rises from 1.32 to 9.74. Short-term debt falls from €295,215 to €93,518.

30-06-2023

Equity above €1m equity €1.3m ▲77.6% Equity rises from €719,485 to €1.3m.

13-02-2023

Annual accounts 2022 filed PDFmicro format · 13 days late

2022

20-04-2022

Reappointments: (managing director) and (director)General meeting of 03-12-20215 points ▸

General meeting, 03-12-2021
Director reappointment,
Director reappointment,
Board meeting, 03-12-2021
Director reappointment, (managing director)

Open the deed in the Belgian Official Gazette

31-01-2022

Annual accounts 2021 filed PDFmicro format · on the deadline day

2021

30-06-2021

Back to profit net €11,230 The net result is €11,230, after 3 loss-making years.

23-02-2021

Annual accounts 2020 filed PDFmicro format · 23 days late

2019

19-12-2019

Annual accounts 2019 filed PDFmicro format · 43 days before the deadline

01-02-2019

Registered-office move · Purpose change · Amendment of the articles“Stockage machines et fourrage pour animaux; Gardiennage de chevaux et autres animaux (chiens,chats,...)…” (deed in French)4 points ▸

Registered-office move, 1360-Perwez, rue du Mont 114
Purpose change, “Stockage machines et fourrage pour animaux; Gardiennage de chevaux et autres animaux (chiens,chats,...); Achat/vente de chevaux,poneys,animaux; Élevage…” (deed in French)
Capital, €128,790.08, 1,089 shares
Power of attorney,
The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2018

06-11-2018

Annual accounts 2018 filed PDFmicro format · 86 days before the deadline

2017

07-11-2017

Annual accounts 2017 filed PDFfull format · 85 days before the deadline

2016

03-11-2016

Annual accounts 2016 filed PDFfull format · 89 days before the deadline

30-06-2016

Back to profit net €1,542 The net result is €1,542, after 3 loss-making years.

06-05-2016

Capital increase of €67,290.08 to €128,790.08Capital from €61,500 to €128,790.08, 89 new shares · General meeting of 24-03-20165 points ▸

General meeting, 24-03-2016
Capital increase, €67,290.08
Amendment of the articles, article 5
Capital, €128,790.08, 1,089 shares
Power of attorney,

Open the deed in the Belgian Official Gazette

07-01-2016

Annual accounts 2015 filed PDFfull format · 24 days before the deadline

2014

25-11-2014

Annual accounts 2014 filed PDFfull format · 67 days before the deadline

21-01-2014

Annual accounts 2013 filed PDFfull format · 10 days before the deadline

2013

30-06-2013

Liquidity more than doubled current ratio 9.55 The current ratio rises from 3.93 to 9.55. Short-term debt falls from €75,017 to €24,718.

13-02-2013

Annual accounts 2012 filed PDFfull format · 13 days late

2012

30-06-2012

Back to profit net €61,528 The net result is €61,528, after 5 loss-making years.

22-02-2012

Annual accounts 2011 filed PDFfull format · 22 days late

2011

30-06-2011

Liquidity more than triples current ratio 7.83 The current ratio rises from 2.29 to 7.83.

2010

19-11-2010

Annual accounts 2010 filed PDFfull format · 73 days before the deadline

2009

28-12-2009

Annual accounts 2009 filed PDFfull format · 34 days before the deadline

20-01-2009

Annual accounts 2008 filed PDFfull format · 11 days before the deadline

2008

23-01-2008

Annual accounts 2007 filed PDFfull format · 8 days before the deadline

2006

01-12-2006

Annual accounts 2006 filed PDFfull format · 61 days before the deadline

2005

31-10-2005

Annual accounts 2005 filed PDFfull format

2004

27-10-2004

Annual accounts 2004 filed PDFfull format

2003

18-11-2003

Annual accounts 2003 filed PDFfull format

2002

06-11-2002

Annual accounts 2002 filed PDFfull format

2001

02-11-2001

Annual accounts 2001 filed PDFfull format

2000

09-11-2000

Annual accounts 2000 filed PDFfull format

1999

23-11-1999

Annual accounts 1999 filed PDFfull format

1998

14-12-1998

Annual accounts 1998 filed PDFfull format

1997

23-10-1997

Annual accounts 1997 filed PDFfull format

1996

30-10-1996

Annual accounts 1996 filed PDFfull format

1995

06-12-1995

Annual accounts 1995 filed PDFfull format

1994

06-12-1994

Annual accounts 1994 filed PDFfull format

05-01-1994

Annual accounts 1993 filed PDFfull format

1993

07-01-1993

Annual accounts 1992 filed PDFfull format

1992

08-01-1992

Annual accounts 1991 filed PDFfull format

1991

15-01-1991

Annual accounts 1990 filed PDFfull format

1990

23-01-1990

Annual accounts 1989 filed PDFfull format

1988

19-12-1988

First establishment ECURIES VEND'OME, Rue du Mont 114, Perwez

12-10-1988

Annual accounts 1988 filed PDFfull format

1987

29-10-1987

Annual accounts 1987 filed PDFfull format

1986

10-10-1986

Annual accounts 1986 filed PDFfull format

1985

10-10-1985

Annual accounts 1985 filed PDFfull format

1984

23-10-1984

Annual accounts 1984 filed PDFunclassified schema

1983

24-10-1983

Annual accounts 1983 filed PDFunclassified schema

1982

11-10-1982

Annual accounts 1982 filed PDFunclassified schema

1981

15-10-1981

Annual accounts 1981 filed PDFunclassified schema

1980

10-10-1980

Annual accounts 1980 filed PDFunclassified schema

1979

08-10-1979

Annual accounts 1979 filed PDFunclassified schema

1978

20-10-1978

Annual accounts 1978 filed PDFunclassified schema

1937

04-03-1937

Incorporation KBO

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

MULTIPAT was incorporated on 4 March 1937.¹ Total assets rose from €1.2m in 2019 to €1.8m in 2025.²

Company details

Identity

Enterprise number: 0402.507.339
VAT number: BE 0402.507.339
Peppol ID: 0208:0402507339
LEI code: 967600VSAG9CW0LNS127 no longer live in the LEI register
Legal form: Public limited company
Status: Active, normal situation
Founded: 04-03-1937
Financial year: ends on 30 June
Annual meeting: First Friday of December
deed of 23-11-2023 (in French)
Peppol: Reachable since 02-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: MULTIPAT in French
Entity type: Legal entity
Duration: Unlimited
deed of 23-11-2023 (in French)

Activities

NACEBEL 2025

VAT activities

93127 Equestrian clubs main activity

Social security (RSZ) activities

93127 Equestrian clubs main activity

Joint committees annual accounts 30-06-2025

JC 144 Agriculture

Codes under NACEBEL 2008

VAT activities

93127 Equestrian clubs main activity

Social security (RSZ) activities

93127 Equestrian clubs main activity

Purpose: “L'achat,la vente,l'échange,la construction,la reconstruction,la démolition,la transformation,l'exploitation,la location,en ce compris la…”
13 activities
L'achat,la vente,l'échange,la construction,la reconstruction,la démolition,la transformation,l'exploitation,la location,en ce compris la location de chambres d’hôtes,et la gérance de tous immeubles bâtis,meublés ou non
L'achat,la vente,l'échange,la mise en valeur,le lotissement,l'exploitation,la location et l'affermage de tous immeubles non bâtis
Stockage machines et fourrage pour animaux
Gardiennage de chevaux et autres animaux(chiens,chats,...)
Achat/vente de chevaux,poneys,animaux
Élevage d'équidés et canidés et autres animaux
Leçons et stages équestres
Commerce
Culture d'herbe sur les pâtures,ou autres cultures
Restauration
Construction,démolition,rénovation,reconstruction,isolation...de biens immobiliers
Organisation d’événements(concours,journées portes ouvertes,minis stages enfants,ou autre...)
Photographie simple ou avec drones
deed of 23-11-2023 (in French)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
ECURIES VEND'OME registered office Rue du Mont 114, 1360 Perwez	19-12-1988	2.005.027.909

1 former office

Rue René Reniers,77-Bruxelles(, 1090 Jette) until the deed of 01-02-2019

Buildings and parcels at the address

Ground area: 1,153 m²
Buildings: 54 m²
Volume, LiDAR: 480 m³
Tallest building: 9.9 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

3 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
25084A0543/00A003	1,153 m²	1 · 54 m²	9.9 m · 3

Overview

Lifetime

Key points

Losses

Turnover

Investments

Staff

Liquidity

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts to 30-06-2025

Insights on MULTIPAT

Financials

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency60.2%

Current ratio4.99

Return on assets-3.4%

Staff

Staff cost per FTE€6,121

Joined and leftlevel

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on MULTIPAT

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

Holdings

Belgium 1 Equity Result

At the same address

Holdings through the years

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in €m

in euro

60.2%

4.99

-3.4%

€6,121

level