MULTIPLE WAYS
ActiveSummary
MULTIPLE WAYS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€32,154) and a net result of €22,834. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 7071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.54 against 0.31 in 2024; short-term debt: 164.4% and cash: 77.7% of total assets), and equity is negative.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-64.4%
Return on assets
45.8%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 7071 sector peers (2025).
NBB · sector comparisonPosition among 7071 sector peers
Solvency
better than 8%
← 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: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
2 d late
2024
46 d early
2023
1 d early
2022
7 d early
2021
6 d early
2020
41 d early
2019
43 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 6 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€32,154▲ 41.5%
2024 · -€54,988
Total assets
€49,896▲ 51.9%
2024 · €32,857
Net result
€22,834▲ 11.7%
2024 · €20,438
Working capital
-€37,567▲ 38.0%
2024 · -€60,580
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4,531-€25,704-€2,617▲ 89.8%€20,788€23,210▲ 11.6%
Net result€4,297-€26,476-€3,089▲ 88.3%€20,438€22,834▲ 11.7%
Equity-€45,861▲ 8.6%-€72,337▼ 57.7%-€75,426▼ 4.3%-€54,988▲ 27.1%-€32,154▲ 41.5%
Total assets€35,630▲ 60.2%€14,450▼ 59.4%€15,196▲ 5.2%€32,857▲ 116%€49,896▲ 51.9%
Debt€81,490▲ 12.6%€86,787▲ 6.5%€90,622▲ 4.4%€87,845▼ 3.1%€82,050▼ 6.6%
Working capital-€53,776▲ 6.1%-€78,925▼ 46.8%-€80,569▼ 2.1%-€60,580▲ 24.8%-€37,567▲ 38.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49,896
Fixed assets
€5,413 ▼ 3.2%
Current assets
€44,483 ▲ 63.1%
Key figures and ratios
EBITDA
€23,388▲
2024 · €20,876
Cash flow
€23,012▲
2024 · €20,525
Solvency
-64.4%▲
2024 · -167.4%
Current ratio
0.54▲
2024 · 0.31
Debt to equity
-2.55▼
2024 · -1.60
ROA
45.8%▼
2024 · 62.2%
Interest coverage
106.88▼
2024 · 109.86
Debt ≤ 1 year
€82,050▼
2024 · €87,845
Income taxes
€177▲
2024 · €161
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,619 | €1,444 | €1,444 | €88 | €179 | ▲ 104% |
| Other operating charges640/8 | - | €519 | €522 | €706 | €778 | ▲ 10.2% |
| Gross operating margin9900 | €8,643 | -€23,741 | -€651 | €21,582 | €24,166 | ▲ 12.0% |
| Operating profit (loss)9901 | €4,531 | -€25,704 | -€2,617 | €20,788 | €23,210 | ▲ 11.6% |
| Financial income75/76B | - | - | - | €0 | €20 | ▲ 22,133% |
| Recurring financial income75 | €0 | - | - | €0 | €20 | ▲ 22,133% |
| Financial charges65/66B | - | €654 | €347 | €190 | €219 | ▲ 15.2% |
| Recurring financial charges65 | €88 | €654 | €347 | €190 | €219 | ▲ 15.2% |
| Profit (loss) for the period before taxes9903 | €4,442 | -€26,358 | -€2,963 | €20,598 | €23,011 | ▲ 11.7% |
| Income taxes67/77 | €146 | €118 | €125 | €161 | €177 | ▲ 10.1% |
| Profit (loss) for the period9904 | €4,297 | -€26,476 | -€3,089 | €20,438 | €22,834 | ▲ 11.7% |
| Profit (loss) for the period to be appropriated9905 | €4,297 | -€26,476 | -€3,089 | €20,438 | €22,834 | ▲ 11.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35,630 | €14,450 | €15,196 | €32,857 | €49,896 | ▲ 51.9% |
| Fixed assets21/28 | €8,032 | €6,588 | €5,144 | €5,592 | €5,413 | ▼ 3.2% |
| Tangible fixed assets22/27 | €2,975 | €1,531 | €87 | €535 | €357 | ▼ 33.4% |
| Furniture and vehicles24 | - | €1,531 | €87 | €535 | €357 | ▼ 33.4% |
| Financial fixed assets28 | €5,057 | €5,057 | €5,057 | €5,057 | €5,057 | = |
| Current assets29/58 | €27,598 | €7,863 | €10,053 | €27,265 | €44,483 | ▲ 63.1% |
| Amounts receivable within one year40/41 | €23,702 | €1,909 | €257 | €6,610 | €5,027 | ▼ 23.9% |
| Trade receivables40 | - | €1,909 | €245 | €6,610 | €5,027 | ▼ 23.9% |
| Other amounts receivable41 | - | - | €12 | €0 | - | - |
| Current investments50/53 | - | €9 | €9 | - | - | - |
| Cash at bank and in hand54/58 | €3,211 | €4,506 | €8,621 | €19,518 | €38,780 | ▲ 98.7% |
| Deferred charges and accrued income490/1 | - | €1,438 | €1,165 | €1,137 | €676 | ▼ 40.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35,630 | €14,450 | €15,196 | €32,857 | €49,896 | ▲ 51.9% |
| Equity10/15 | -€45,861 | -€72,337 | -€75,426 | -€54,988 | -€32,154 | ▲ 41.5% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€53,921 | -€80,397 | -€83,486 | -€63,048 | -€40,214 | ▲ 36.2% |
| Amounts payable17/49 | €81,490 | €86,787 | €90,622 | €87,845 | €82,050 | ▼ 6.6% |
| Amounts payable within one year42/48 | €81,374 | €86,787 | €90,622 | €87,845 | €82,050 | ▼ 6.6% |
| Trade debts44 | €70 | €423 | €1,900 | €2,884 | €1,952 | ▼ 32.3% |
| Suppliers440/4 | - | €423 | €1,900 | €2,884 | €1,952 | ▼ 32.3% |
| Taxes, remuneration and social security45 | - | €1,582 | €2,989 | €1,378 | €2,992 | ▲ 117% |
| Taxes450/3 | - | €1,582 | €2,989 | €1,378 | €2,992 | ▲ 117% |
| Other amounts payable47/48 | - | €84,782 | €85,733 | €83,583 | €77,107 | ▼ 7.7% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,297 | -€26,476 | -€3,089 | €20,438 | €22,834 | ▲ 11.7% |
| + Depreciation and write-downs630 | €3,619 | €1,444 | €1,444 | €88 | €179 | ▲ 104% |
| Operating cash flow (approximation) | €7,916 | -€25,032 | -€1,645 | €20,525 | €23,012 | ▲ 12.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€536 | €0 | ▲ 100% |
| Change in cash | - | €1,296 | €4,115 | €10,898 | €19,261 | ▲ 76.7% |
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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Highest result since 2019net €22,834 ▲11.7%
Operating result €23,210, net result €22,834, both a record.
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €20,438
Net result €20,438 after 2 loss-making years.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €4,297
Net result €4,297 after 2 loss-making years.
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Overijse · 1 establishment unit since 2016
Ground area
2,081 m²
Building footprint
258 m²
Volume, LiDAR
1,565 m³
Parcel 23543O0005/00F009, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MULTIPLE WAYS
since 20162.250.631.117
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23543O0005/00F009 | Flanders | 2,081 m² | 1 · 257 m² | 9.8 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.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 5,510 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
Founded25-02-2016
Fiscal year end30-06
Activities, NACEBEL 2025
73300Public relations and communication consultancy
64999Other financial services
68110Buying and selling of own real estate
82910Office administrative, office support and other business support activities
85599Other education
86931Psychology services
Scores and ratios are computed by Checked and are not a credit decision.