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Multiply-ck

Active
Private limited companyfounded 20233 yrs activeZuidstationstraat 48, 9000 Gent, BelgiumKBO/BCE: BE 0798.343.652
Summary

The computed 12-month bankruptcy probability of Multiply-ck is 10.2% (high). The 2024 annual accounts show negative equity (-€3,686) and a net result of -€4,186. Its solvency ranks better than 23% of 18930 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability6
Solvency14
Growth-
Track record79
Bankruptcy probability, 12 months
10.2% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.9; short-term debt: 111% and cash: 87% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
-11%
Return on assets
-12.5%
Age of the figures
21 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
35 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 35 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Multiply-ck was incorporated on 10 February 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€3,686
Total assets
€33,384
Net result
-€4,186
Working capital
-€3,686

Turnover and EBIT margin not published: the micro schema does not require them.

Key figures and ratios
2024 value
Solvency
-11.0%
Current ratio
0.90
Debt to equity
-10.06
ROA
-12.5%
Debt
€37,070
Debt ≤ 1 year
€37,070
Staff costs
€9,333

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 10.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,663 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 27 lines
Balance sheet Code2024
Assets
Total assets20/58€33,384
Current assets29/58€33,384
Amounts receivable within one year40/41€4,338
Other amounts receivable41€4,338
Cash at bank and in hand54/58€29,046
Equity and liabilities
Total equity and liabilities10/49€33,384
Equity10/15-€3,686
Contributions10/11€500
Profit (loss) carried forward14-€4,186
Amounts payable17/49€37,070
Amounts payable within one year42/48€37,070
Trade debts44€9,481
Suppliers440/4€9,481
Taxes, remuneration and social security45€1,851
Taxes450/3€95
Remuneration and social security454/9€1,756
Other amounts payable47/48€25,738
Income statement Code2024
Remuneration, social security and pensions62€9,333
Other operating charges640/8€14,917
Gross operating margin9900€20,266
Operating profit (loss)9901-€3,984
Financial charges65/66B€202
Recurring financial charges65€202
Profit (loss) for the period before taxes9903-€4,186
Profit (loss) for the period9904-€4,186
Profit (loss) for the period to be appropriated9905-€4,186
Appropriation of the result
Profit (loss) to be appropriated9906-€4,186

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€9,333
Other operating charges640/8€14,917
Gross operating margin9900€20,266
Operating profit (loss)9901-€3,984
Financial charges65/66B€202
Recurring financial charges65€202
Profit (loss) for the period before taxes9903-€4,186
Profit (loss) for the period9904-€4,186
Profit (loss) for the period to be appropriated9905-€4,186
Line2024
Assets
Total assets20/58€33,384
Current assets29/58€33,384
Amounts receivable within one year40/41€4,338
Other amounts receivable41€4,338
Cash at bank and in hand54/58€29,046
Equity and liabilities
Total equity and liabilities10/49€33,384
Equity10/15-€3,686
Contributions10/11€500
Profit (loss) carried forward14-€4,186
Amounts payable17/49€37,070
Amounts payable within one year42/48€37,070
Trade debts44€9,481
Suppliers440/4€9,481
Taxes, remuneration and social security45€1,851
Taxes450/3€95
Remuneration and social security454/9€1,756
Other amounts payable47/48€25,738
Line2024
Profit (loss) for the period9904-€4,186
Operating cash flow (approximation)-€4,186

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
04-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
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, Gent · 2 establishment units since 2023
seat establishment All 2 establishment units on the map
Ground area
237 m²
Building footprint
193 m²
Volume, LiDAR
2,440 m³
2 parcels, Flanders · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
2 establishment units
Multiply-ck
Zuidstationstraat 48, 9000 GentFood and beverage service activities
since 20232.341.573.565
Shamrock
Zuidstationstraat 46, 9000 GentCafés and bars
since 20252.373.719.266
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44804D2537/00M002 Flanders 163 m² 1 · 111 m² 19.0 m · 5 fl.
44804D2537/00B002 Flanders 75 m² 1 · 82 m² 18.9 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

2024 to 2025 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid
Year Entries awardedpaid
2025 1 2,000 EUR2,000 EUR
2024 1 2,000 EUR2,000 EUR
Schemes
2 entries · 4,000 EUR · 4,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Gent2.373.719.266
2 permissions
Toelating · Eetgelegenheid · since 03-09-2026
Drankgelegenheid · since 10-06-2025
Gent2.341.573.565
1 permission
Drankgelegenheid · since 01-03-2023

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 14,005 companies in sector 56301 we hold annual accounts for 4,897. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
41001General construction of residential buildings
Contact
E-mail multiply-ck@outlook.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798343652
Also 9925:BE0798343652
Registered 27-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.