MULTIQA
ActiveMULTIQA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.23M and a net result of €-25k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 7697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-29
Solvency64▼-36
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.14 against 1.28 in 2024; short-term debt: 59.9% and cash: 2.1% of total assets), and 60.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 d early
2024
53 d early
2023
27 d early
2022
48 d early
2021
4 d early
2020
3 d early
2019
43 d early
← before the deadline
after the deadline →
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 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.23M▼ 56.7%
2024 · €2.84M
2019: €1.26M
2020: €1.56M
2021: €1.97M
2022: €2.18M
2023: €2.85M
2024: €2.84M
2019 → 2025
Total assets
€3.13M▼ 2.5%
2024 · €3.22M
2019: €2.35M
2020: €2.47M
2021: €2.72M
2022: €2.72M
2023: €3.32M
2024: €3.22M
2019 → 2025
Net result
€-25k▼ 535%
2024 · €-4k
2019: €235k
2020: €299k
2021: €552k
2022: €208k
2023: €671k
2024: €-4k
2019 → 2025
Working capital
€-1.62M
2024 · €64k
2019: €206k
2020: €333k
2021: €507k
2022: €593k
2023: €1.14M
2024: €64k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.97M-€2.18M▲ 10.5%€2.85M▲ 30.8%€2.84M▼ 0.1%€1.23M▼ 56.7%
Operating result€180k-€138k▼ 23.3%€138k▲ 0.1%€8k▼ 94.3%€-18k
Net result€552k-€208k▼ 62.4%€671k▲ 223%€-4k€-25k▼ 535%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.13M
Fixed assets
€2.87M▼ 1.6%
Current assets
€262k▼ 11.3%
Equity and liabilities €3.13M
Equity
€1.23M▼ 56.7%
Debt
€1.90M▲ 411%
The debt ratio rises from 11.6% to 60.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€33k▼
2024 · €139k
Cash flow
€26k▼
2024 · €128k
Solvency
39.3%▼
2024 · 88.4%
Current ratio
0.14▼
2024 · 1.28
Quick ratio
0.14▼
2024 · 1.28
Debt / equity
1.55▲
2024 · 0.13
ROE
-2.1%▼
2024 · -0.1%
ROA
-0.8%▼
2024 · -0.1%
Interest coverage
2.68▼
2024 · 8.42
Debt
€1.90M▲
2024 · €373k
Debt ≤ 1 year
€1.88M▲
2024 · €231k
Debt > 1 year
€26k▼
2024 · €140k
Income taxes
€453▲
2024 · €358
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.22M€3.13M▼
Fixed assets21/28€2.92M€2.87M▼
Tangible fixed assets22/27€1.01M€962k▼
Land and buildings22€930k€909k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€72k€48k▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€1.91M€1.91M=
Current assets29/58€295k€262k▼
Amounts receivable after more than one year29€100k€100k=
Other amounts receivable291€100k€100k=
Amounts receivable within one year40/41€105k€85k▼
Trade receivables40€32k€23k▼
Other amounts receivable41€74k€62k▼
Cash at bank and in hand54/58€80k€64k▼
Deferred charges and accrued income490/1€10k€13k▲
Equity and liabilities
Total equity and liabilities10/49€3.22M€3.13M▼
Equity10/15€2.84M€1.23M▼
Contributions10/11€31k€31k=
Reserves13€2.81M€1.20M▼
Non-distributable reserves130/1€1.20M€1.20M=
Other1319€1.20M€1.20M=
Distributable reserves133€1.61M€492▼
Amounts payable17/49€373k€1.90M▲
Amounts payable after more than one year17€140k€26k▼
Financial debts170/4€140k€26k▼
Amounts payable within one year42/48€231k€1.88M▲
Current portion of amounts payable after more than one year42€147k€114k▼
Financial debts43€70k€170k▲
Credit institutions430/8€70k€170k▲
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€13k€600▼
Taxes450/3€13k€600▼
Other amounts payable47/48-€1.59M
Accrued charges and deferred income492/3€1k€495▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132k€51k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€34k€341▼
Gross operating margin9900€176k€36k▼
Operating profit (loss)9901€8k€-18k▼
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€17k€12k▼
Recurring financial charges65€17k€12k▼
Profit (loss) for the period before taxes9903€-4k€-25k▼
Income taxes67/77€358€453▲
Profit (loss) for the period9904€-4k€-25k▼
Profit (loss) for the period to be appropriated9905€-4k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-25k▼
Profit (loss) brought forward from the previous period14P€45-
Transfer from equity791/2€4k€1.61M▲
Profit to be distributed694/7-€1.59M
Return on contributions (dividend)694-€1.59M
The notes to these accounts (12 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
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series.
2024
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €671k ▲223%
Net result €671k, the highest in the series.
2022
14-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Equity above €2MEq €2.18M ▲10.5%
4 profitable years in a row build equity to €2.18M.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
15-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Oosterzele · 1 establishment unit since 2010
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.
Lange Munte 5A9860 OosterzeleGround area
2,424 m²
Building footprint
153 m²
Volume, LiDAR
762 m³
Parcel 44059B0761/00H002, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Multiqa
since 20102.186.775.423
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44059B0761/00H002 | Flanders | 2,424 m² | 1 · 153 m² | 6.4 m · 2 fl. |
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.
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TRIC INVEST
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Spotify Belgium
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L INVEST
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Of 24,505 companies in sector 82990 we hold annual accounts for 9,396. 4,153 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-2010
Fiscal year end30-06
Activities, NACEBEL
82990Other business support services
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.