Equity
-€32,154
Debts exceed assets in financial year 2025.
MULTIPLE WAYS
Lifetime
9 annual accounts with figures on one time axispeak €53,702 (2017)
€24,166▲ 12.0%
lowest -€66,151 (2019)
€22,834▲ 11.7%
peak €49,757 (2018)
-€32,154▲ €22,834
€82,050▼ 6.6%
Board2 names since 2017
1 directorDERNOUCHAMPS Donatienne
Documentsfilings and deeds
02-02-20262 days late
2025micro format
Equity from -€54,988 to -€32,154Cash from €19,518 to €38,780
Key points
from the 2025 annual accountsDebts
€82,050 164% of the balance sheet
Suppliers 2%Taxes and wages 4%Other 94%
Position in the sector
-€32,154
Less equity than 94% of companies in advertising and market research. Sector median €58,792 · 8,622 companies.
2025 accounts filed 2 days after the deadline
Checked score
56
Fair
Financially stronger than 52% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,231 companies (NACE 73, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.4%▼ -0.1 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.6%▲ +0.2 percentage points vs 01-2026highest value
03-2026: 0.4%▼ -0.2 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.3%▼ -0.1 percentage points vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€32,154
lowers risk
Liquidity: current ratio 0.54, cash €38,780
Size: total assets €49,896
Sector: Advertising, market research and public relations activities (NACE 73)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 5% of them on solvency, 36% on liquidity, 88% on profitability and 81% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,632 companies had the same profile as MULTIPLE WAYS has now. Each dot stands for 10 companies, two years later.
91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MULTIPLE WAYS itself is lower: 0.3% within 12 months. It rests on far more data about MULTIPLE WAYS than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,632 companies, not a prediction for MULTIPLE WAYS. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.54 (0.31 in 2024), below 1. Short-term debt is 164.4% and cash 77.7% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 8615 sector peers (2025).
NBB · sector comparisonPosition among 8615 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
2 days late
2024
46 days early
2023
1 day early
2022
7 days early
2021
6 days early
2020
41 days early
2019
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 25 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0649410545
Resignation: DERNOUCHAMPS Donatienne (manager)
Reappointment: DERNOUCHAMPS Donatienne (director) · General meeting of 07-06-2024 · Gazette deed
Resignation: Joseph DAVID (manager)
Director discharge: Joseph DAVID (manager) · General meeting of 31-12-2018 · Gazette deed
First establishment
Smetslaan 27, Overijse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MULTIPLE WAYS Overijse | €49,896 | €24,166 | -64.4% | - |
| ATD CONSULT Brussels | €52,901 | €26,562 | 5.7% | - |
| KRIDES Ninove | €53,762 | €21,467 | 45.8% | - |
| VHIO Braine-l'Alleud | €51,508 | €28,058 | -5.9% | - |
| Vmotion Bruges | €57,000 | €29,052 | 42.5% | - |
| RUSHSLOWLY SRL Lasne | €43,431 | €21,918 | 71.6% | - |
| FABULOUS4 Sint-Niklaas | €39,509 | €24,804 | 55.5% | - |
These companies have the same main activity as MULTIPLE WAYS: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €39,500 and €57,000, founded between 2014 and 2016.
Official details
Source: KBO- Status
- Active since 25-02-2016Normal situation
- Activity
- Public relations and communication consultancyNACE 73300and 5 others
- Establishment unit
- 2.250.631.1173090 Overijse, since 01-03-2016
- Financial year end
- 30 June
- Peppol
- Reachable since 24-12-2025
Annual accounts to 30-06-2025
- ≈ €150,000estimated
- €49,896▲ 51.9%
- Filing
- Filed on 02-02-2026
Insights on MULTIPLE WAYS
MULTIPLE WAYS files the micro format. That format states no turnover. The gross margin fell from €53,702 in 2017 to €24,166 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MULTIPLE WAYS
- What is the company number of MULTIPLE WAYS?
- The company number of MULTIPLE WAYS is 0649.410.545. The VAT number is the same number with BE in front: BE 0649.410.545.
- Where is MULTIPLE WAYS based?
- The registered office is at Smetslaan 27, 3090 Overijse.Company details
- What does MULTIPLE WAYS do?
- According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
- What is the legal form of MULTIPLE WAYS?
- MULTIPLE WAYS is a private limited company (BV).
- When was MULTIPLE WAYS founded?
- MULTIPLE WAYS was founded on 25-02-2016.
- Is MULTIPLE WAYS still active?
- Yes, MULTIPLE WAYS is an active enterprise in the KBO register.
- What is the turnover of MULTIPLE WAYS?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €24,166 and 41 comparable companies (NACE 73300). It probably lies between €64,000 and €250,000. It is a rough estimate.Financials
- Is MULTIPLE WAYS profitable?
- In financial year 2025, MULTIPLE WAYS made a profit of €22,834.
- Where can I find the annual accounts of MULTIPLE WAYS?
- MULTIPLE WAYS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MULTIPLE WAYS due?
- MULTIPLE WAYS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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