MULTIPROD
ActiveSummary
MULTIPROD has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€691,362) and a net result of -€55,550. Equity is shrinking by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 4616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability28▲+11
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.2 in 2024; short-term debt: 8.9% and cash: 0.3% of total assets), and equity is negative.
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Signals
Six 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-45.9%
Return on assets
-3.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€691,362
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 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 d early
2024
29 d early
2023
3 d early
2022
54 d early
2021
31 d early
2020
53 d early
2019
31 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 40 days before the deadline; the sector median for financial year 2024 is 7 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€55,550▲ 54.9%
2024 · -€123,253
Working capital
-€129,416▼ 161%
2024 · -€49,599
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11,827▼ 15.0%€12,808▲ 8.3%€8,189▼ 36.1%-€11,316-€11,701▼ 3.4%
Net result-€39,777below the sector's middle half▼ 32.5%-€49,570below the sector's middle half▼ 24.6%-€48,551below the sector's middle half▲ 2.1%-€123,253below the sector's middle half▼ 154%-€55,550below the sector's middle half▲ 54.9%
Equity-€414,437below the sector's middle half▼ 10.6%-€464,007below the sector's middle half▼ 12.0%-€512,559below the sector's middle half▼ 10.5%-€635,811below the sector's middle half▼ 24.0%-€691,362below the sector's middle half▼ 8.7%
Total assets€1.5mwithin the sector's middle half▼ 0.3%€1.5mwithin the sector's middle half▼ 0.8%€1.5mwithin the sector's middle half▼ 1.6%€1.5mwithin the sector's middle half▲ 0.2%€1.5mwithin the sector's middle half▲ 0.5%
Debt€1.9m▲ 1.8%€2.0m▲ 1.9%€2.0m▲ 1.2%€2.1m▲ 6.3%€2.2m▲ 2.9%
Working capital-€915,487below the sector's middle half▼ 7.1%-€4,472within the sector's middle half▲ 99.5%-€31,666within the sector's middle half▼ 608%-€49,599within the sector's middle half▼ 56.6%-€129,416within the sector's middle half▼ 161%
Solvency-27.0%below the sector's middle half▼ 2.7pp-30.5%below the sector's middle half▼ 3.5pp-34.2%below the sector's middle half▼ 3.7pp-42.4%below the sector's middle half▼ 8.1pp-45.9%below the sector's middle half▼ 3.5pp
Current ratio0.04below the sector's middle half▼ 0.050.89within the sector's middle half▲ 0.850.29below the sector's middle half▼ 0.600.20below the sector's middle half▼ 0.090.03below the sector's middle half▼ 0.17
Return on assets (ROA)-2.6%below the sector's middle half▼ 0.6pp-3.3%below the sector's middle half▼ 0.7pp-3.2%below the sector's middle half=-8.2%below the sector's middle half▼ 5.0pp-3.7%below the sector's middle half▲ 4.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11,701 in 2025 against €11,316 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.5m ▲ 1.0%
Current assets
€4,032 ▼ 67.3%
Key figures and ratios
Debt to equity
-3.18▲
2024 · -3.36
Debt ≤ 1 year
€133,449▲
2024 · €61,930
Debt > 1 year
€2.1m▲
2024 · €2.0m
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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €1,018 | €868 | €960 | €968 | €998 | ▲ 3.2% |
| Gross operating margin9900 | €12,845 | €13,676 | €9,149 | -€10,348 | -€10,703 | ▼ 3.4% |
| Operating profit (loss)9901 | €11,827 | €12,808 | €8,189 | -€11,316 | -€11,701 | ▼ 3.4% |
| Financial income75/76B | €885 | €702 | €616 | €660 | €819 | ▲ 24.1% |
| Recurring financial income75 | €885 | €702 | €616 | €660 | €819 | ▲ 24.1% |
| Financial charges65/66B | €52,489 | €63,081 | €57,356 | €112,597 | €44,668 | ▼ 60.3% |
| Recurring financial charges65 | €52,489 | €63,081 | €57,356 | €112,597 | €44,668 | ▼ 60.3% |
| Profit (loss) for the period before taxes9903 | -€39,777 | -€49,570 | -€48,551 | -€123,253 | -€55,550 | ▲ 54.9% |
| Profit (loss) for the period9904 | -€39,777 | -€49,570 | -€48,551 | -€123,253 | -€55,550 | ▲ 54.9% |
| Profit (loss) for the period to be appropriated9905 | -€39,777 | -€49,570 | -€48,551 | -€123,253 | -€55,550 | ▲ 54.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | ▲ 0.5% |
| Fixed assets21/28 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | ▲ 1.0% |
| Financial fixed assets28 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | ▲ 1.0% |
| Current assets29/58 | €40,454 | €37,647 | €12,874 | €12,331 | €4,032 | ▼ 67.3% |
| Amounts receivable within one year40/41 | €12,000 | €18,000 | €12,000 | €12,000 | €0 | ▼ 100% |
| Trade receivables40 | €12,000 | €18,000 | €12,000 | €12,000 | €0 | ▼ 100% |
| Other amounts receivable41 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €28,454 | €19,647 | €874 | €331 | €4,032 | ▲ 1,118% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | ▲ 0.5% |
| Equity10/15 | -€414,437 | -€464,007 | -€512,559 | -€635,811 | -€691,362 | ▼ 8.7% |
| Contributions10/11 | €13,500 | €13,500 | €13,500 | €13,500 | €13,500 | = |
| Profit (loss) carried forward14 | -€427,937 | -€477,507 | -€526,059 | -€649,311 | -€704,862 | ▼ 8.6% |
| Amounts payable17/49 | €1.9m | €2.0m | €2.0m | €2.1m | €2.2m | ▲ 2.9% |
| Amounts payable after more than one year17 | €991,867 | €1.9m | €2.0m | €2.0m | €2.1m | ▲ 0.9% |
| Financial debts170/4 | €174,028 | €1.0m | €999,943 | €983,301 | €958,247 | ▼ 2.5% |
| Other amounts payable178/9 | €817,838 | €917,946 | €956,193 | €1.1m | €1.1m | ▲ 4.2% |
| Amounts payable within one year42/48 | €955,941 | €42,119 | €44,540 | €61,930 | €133,449 | ▲ 115% |
| Current portion of amounts payable after more than one year42 | €17,137 | €17,150 | €17,575 | €18,010 | €18,456 | ▲ 2.5% |
| Financial debts43 | €858,000 | €0 | - | - | - | - |
| Credit institutions430/8 | €858,000 | €0 | - | - | - | - |
| Trade debts44 | €0 | - | €1,986 | €7,053 | €10,615 | ▲ 50.5% |
| Suppliers440/4 | €0 | - | €1,986 | €7,053 | €10,615 | ▲ 50.5% |
| Taxes, remuneration and social security45 | €0 | €484 | €495 | €0 | - | - |
| Taxes450/3 | €0 | €484 | €495 | €0 | - | - |
| Other amounts payable47/48 | €80,803 | €24,485 | €24,485 | €36,867 | €104,378 | ▲ 183% |
| Accrued charges and deferred income492/3 | €0 | €9,026 | €8,993 | €30,998 | €2,930 | ▼ 90.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€39,777 | -€49,570 | -€48,551 | -€123,253 | -€55,550 | ▲ 54.9% |
| Operating cash flow (approximation) | -€39,777 | -€49,570 | -€48,551 | -€123,253 | -€55,550 | ▲ 54.9% |
| Investment in fixed assets (approximation) | - | €9,298 | -€616 | -€3,795 | -€15,263 | ▼ 302% |
| Change in cash | - | -€8,807 | -€18,773 | -€543 | €3,701 | ▲ 782% |
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
23-07
State Gazette act
Resignation: HOLDING D'INVESTISSEMENTS ET DE PARTICIPATIONS INDUSTRIELLES SA (director)Director discharge5 facts ▸
State Gazette act
Resignation: HOLDING D'INVESTISSEMENTS ET DE PARTICIPATIONS INDUSTRIELLES SA (director)
Director discharge5 facts ▸
- General meeting, 04-05-2026
- Director resignation, HOLDING D'INVESTISSEMENTS ET DE PARTICIPATIONS INDUSTRIELLES SA (director)
- Director discharge, HOLDING D'INVESTISSEMENTS ET DE PARTICIPATIONS INDUSTRIELLES SA
- Board meeting, exercice écoulé, organe d'administration
- Other statement, adoption de la résolution de décharge, unanimité des voix
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet -€250,085
Net result drops to -€250,085, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2011
Ground area
2,515 m²
Building footprint
234 m²
Volume, LiDAR
1,810 m³
Parcel 21614H0055/02P025, Brussels · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
60
companies at this address
See who is registered here
1 establishment unit
MULTIPROD
since 20112.196.422.666
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0055/02P025 | Brussels | 2,515 m² | 1 · 234 m² | 12.1 m · 3 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.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HOLDING D'INVESTISSEMENTS ET DE PARTICIPATIONS INDUSTRIELLES |
|
Articles of association
Power of attorney
Louise Defuster
Sacha Moreau
Gabrielle Declerc
1 more provision on this in the deed
Structure & network
Owners and holdings
1 owner · 2 holdingsOwners 1
- 50%
Holdings 2
-
100%
-
100%
According to the 2025 annual accounts of MULTIPROD and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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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 9,144 companies in sector 68201 we hold annual accounts for 6,775. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-02-2011
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0833320070
Registered
17-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.