MULTIPLE HATS
ActiveSummary
MULTIPLE HATS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €1k. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 41% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+14
Solvency70=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.77 in 2024; short-term debt: 55.3% and cash: 68.7% of total assets), but 55.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €14k
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 12-06-2026, 49 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
49 d early
2024
47 d early
2023
10 d early
2022
47 d early
2021
30 d early
2020
46 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▲ 9.2%
2024 · €13k
2020: €26k
2021: €21k
2022: €20k
2023: €12k
2024: €13k
2020 → 2025
Total assets
€31k▲ 8.8%
2024 · €29k
2020: €37k
2021: €29k
2022: €38k
2023: €38k
2024: €29k
2020 → 2025
Net result
€1k▲ 102%
2024 · €585
2020: €23k
2021: €-5k
2022: €-713
2023: €-8k
2024: €585
2020 → 2025
Working capital
€14k▲ 13.5%
2024 · €12k
2020: €23k
2021: €20k
2022: €19k
2023: €11k
2024: €12k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€20k▼ 3.4%€12k▼ 39.4%€13k▲ 4.8%€14k▲ 9.2%
Operating result€-5k-€184€-6k€1k€2k▲ 56.3%
Net result€-5k-€-713▲ 85.6%€-8k▼ 1,012%€585€1k▲ 102%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 56% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €31k
Equity
€14k ▲ 9.2%
Debt
€17k ▲ 8.5%
Debt's share of the balance-sheet total falls from 55.5% to 55.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2k▲
2024 · €2k
Cash flow
€2k▲
2024 · €1k
Current ratio
1.81▲
2024 · 1.77
Debt to equity
1.24▼
2024 · 1.25
ROE
8.4%▲
2024 · 4.6%
ROA
3.8%▲
2024 · 2.0%
Interest coverage
4.73▲
2024 · 3.35
Debt ≤ 1 year
€17k▲
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€29k€31k▲
Fixed assets21/28€483€0▼
Tangible fixed assets22/27€483€0▼
Furniture and vehicles24€483€0▼
Current assets29/58€28k€31k▲
Amounts receivable within one year40/41€2k€9k▲
Trade receivables40€2k€9k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€25k€21k▼
Deferred charges and accrued income490/1€576€431▼
Equity and liabilities
Total equity and liabilities10/49€29k€31k▲
Equity10/15€13k€14k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€10k€11k▲
Amounts payable17/49€16k€17k▲
Amounts payable within one year42/48€16k€17k▲
Financial debts43€12€12=
Other loans439€12€12=
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€246€2k▲
Taxes450/3€246€2k▲
Other amounts payable47/48€15k€12k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€487€483▼
Other operating charges640/8€528€544▲
Gross operating margin9900€2k€3k▲
Operating profit (loss)9901€1k€2k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€455€445▼
Recurring financial charges65€455€445▼
Profit (loss) for the period before taxes9903€585€1k▲
Profit (loss) for the period9904€585€1k▲
Profit (loss) for the period to be appropriated9905€585€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€11k▲
Profit (loss) brought forward from the previous period14P€10k€10k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €585
Net result €585 after 3 loss-making years.
21-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Aalst · 1 establishment unit since 2019
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.
Peter Benoitstraat 139300 AalstGround area
162 m²
Building footprint
65 m²
Parcel 41302C0941/00S005, Flanders. Linked by address, not a title deed.
1 establishment unit
MULTIPLE HATS
since 20192.294.125.125
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C0941/00S005 | Flanders | 162 m² | 1 · 64 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
2022 · 1 entry · 728 EUR awarded · 728 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 728 EUR | 728 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 26,679 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.creatievegeneralist.be
E-mail:silvia@creatievegeneralist.be