Equity
MULTIQA paid out €1.6m in dividends in a year with a loss of €25,310.
MULTIQA paid out €1.6m in dividends in a year with a loss of €25,310.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The micro format states no turnover.
Short-term debts rose from €231,412 to €1.9m.
The last five annual accounts were filed 4 to 53 days before the end of the period.
Lower net result than 94% of companies in office administrative support. Sector median €16,210 · 9,687 companies.
The dashed line is the sector median: 0.1% across 1,123 companies (NACE 82, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 82, small). It does better than 47% of them on solvency, 12% on liquidity, 26% on profitability and 6% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
Liquidity is insufficient, with a current ratio of 0.14 (1.28 in 2024), below 1. Short-term debt is 59.9% and cash 2.1% of total assets. 60.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| MULTIQA Oosterzele | €3.1m | €36,117 | 39.3% | - |
| Philippe Colanbeen Evergem | €3.2m | €41,405 | 87.8% | - |
| JACCI Temse | €3.4m | €46,449 | 99.4% | - |
| DE VELDMEERS Wetteren | €2.2m | €33,740 | 96.0% | 0 |
| ATOS EUROPE Ghent | €3.1m | €27,087 | 42.5% | - |
| KING LEE Wetteren | €1.8m | €35,478 | 8.8% | - |
| BERNARD T.SERVICES Herve | €2.7m | €42,605 | 4.3% | - |
These companies have the same main activity as MULTIQA: other business support services (NACE 82990). They are comparable in size and age: total assets between €1.8m and €3.4m, founded between 2005 and 2011.
MULTIQA files the micro format. That format states no turnover. The gross margin rose from €34,532 in 2011 to €36,117 in 2025.
In December 2022, the Official Gazette published the appointment of DE LEPELEIRE Mieke as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €94,000. Estimated: probably between €58,000 and €120,000.
Higher than 41% of 9,691 companies in 2025.
Lower than 95% of 9,309 companies in 2025.
Higher than 20% of 9,433 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
3.1m | 3.2m | 3.3m | 2.7m | 2.7m | 2.5m | 2.3m | 1.3m | 1.2m | 1.1m | 945,400 | 485,575 | 344,992 | 335,525 | 328,085 | |
21/28 |
2.9m | 2.9m | 2.0m | 2.0m | 2.0m | 1.9m | 1.9m | 780,013 | 810,976 | 814,662 | 819,477 | 366,700 | 314,324 | 315,928 | 300,000 | |
22/27 |
961,883 | 1.0m | 42,788 | 51,621 | 63,846 | 18,871 | 28,504 | 39,773 | 5,446 | 9,132 | 13,947 | 10,450 | 14,324 | 15,928 | - | |
22 |
908,780 | 930,364 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
23 |
1,364 | 1,965 | 700 | 969 | 1,237 | - | - | - | - | - | 109 | 219 | - | - | - | |
24 |
47,553 | 72,126 | 37,504 | 49,433 | 62,609 | 18,500 | 27,260 | 37,656 | 2,456 | 3,838 | 8,753 | 7,065 | 10,597 | 14,130 | - | |
26 |
4,186 | 5,228 | 4,584 | 1,219 | - | 371 | 1,244 | 2,117 | 2,990 | 5,293 | 5,085 | 3,166 | 3,727 | 1,798 | - | |
28 |
1.9m | 1.9m | 1.9m | 1.9m | 1.9m | 1.9m | 1.9m | 740,240 | 805,530 | 805,530 | 805,530 | 356,250 | 300,000 | 300,000 | 300,000 | |
29/58 |
262,060 | 295,285 | 1.4m | 753,162 | 741,627 | 540,347 | 408,546 | 488,664 | 385,608 | 263,864 | 125,923 | 118,875 | 30,668 | 19,597 | 28,085 | |
29 |
100,000 | 100,000 | 100,000 | 100,000 | - | 65,000 | 35,000 | 35,000 | 25,000 | - | - | - | - | - | - | |
291 |
100,000 | 100,000 | 100,000 | 100,000 | - | 65,000 | 35,000 | 35,000 | 25,000 | - | - | - | - | - | - | |
40/41 |
84,570 | 105,473 | 8,033 | 28,104 | 252,193 | 245,504 | 212,403 | 21,944 | 57,853 | 172,445 | 61,386 | 8,920 | - | 8,589 | - | |
40 |
22,674 | 31,602 | 2,829 | 23,113 | 21,427 | 1,622 | 16,574 | 14,613 | 10,784 | - | 10,386 | 8,724 | - | 8,589 | - | |
41 |
61,896 | 73,871 | 5,204 | 4,991 | 230,767 | 243,881 | 195,829 | 7,330 | 47,069 | 172,445 | 51,000 | 197 | - | - | - | |
54/58 |
64,393 | 79,591 | 921,498 | 614,357 | 475,576 | 215,676 | 145,065 | 429,858 | 300,665 | 89,869 | 64,030 | 108,233 | 29,279 | 9,656 | 27,045 | |
490/1 |
13,098 | 10,221 | 332,819 | 10,701 | 13,857 | 14,167 | 16,078 | 1,862 | 2,090 | 1,551 | 507 | 1,722 | 1,389 | 1,353 | 1,040 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
3.1m | 3.2m | 3.3m | 2.7m | 2.7m | 2.5m | 2.3m | 1.3m | 1.2m | 1.1m | 945,400 | 485,575 | 344,992 | 335,525 | 328,085 | |
10/15 |
1.2m | 2.8m | 2.8m | 2.2m | 2.0m | 1.6m | 1.3m | 1.0m | 927,893 | 763,299 | 573,307 | 424,810 | 232,862 | 149,717 | 85,312 | |
10/11 |
31,200 | 31,200 | 31,200 | 31,200 | 31,200 | - | 31,200 | 31,200 | 31,200 | 31,200 | 31,200 | 31,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 43,600 | 43,600 | 43,600 | 43,600 | 43,600 | 43,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | 31,200 | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 31,200 | - | - | - | - | - | - | - | - | - | |
13 |
1.2m | 2.8m | 2.8m | 2.1m | 1.9m | 1.5m | 1.2m | 998,000 | 896,000 | 732,000 | 541,497 | 393,000 | 226,000 | 143,000 | 79,000 | |
130/1 |
1.2m | 1.2m | 1.2m | 532,207 | 324,617 | 172,857 | 148,497 | 148,497 | 148,497 | 148,497 | 148,497 | - | - | - | - | |
130 |
- | - | - | - | - | - | 4,360 | 4,360 | 4,360 | 4,360 | 4,360 | 4,360 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 4,360 | 4,360 | - | - | - | - | - | - | - | - | - | - | |
1319 |
1.2m | 1.2m | 1.2m | 527,847 | 320,257 | 172,857 | 148,497 | 148,497 | 148,497 | 148,497 | 148,497 | - | - | - | - | |
133 |
492 | 1.6m | 1.6m | 1.6m | 1.6m | 1.4m | 1.1m | 845,143 | 743,143 | 579,143 | 388,640 | 388,640 | 224,140 | 141,140 | 77,140 | |
14 |
- | - | 45 | 45 | 45 | 22 | 599 | 934 | 693 | 99 | 610 | 610 | 662 | 517 | 112 | |
17/49 |
1.9m | 372,913 | 469,096 | 539,907 | 748,187 | 905,955 | 1.1m | 238,543 | 268,692 | 315,227 | 372,093 | 60,765 | 112,130 | 185,809 | 242,773 | |
17 |
26,405 | 140,423 | 242,634 | 378,687 | 512,901 | 698,448 | 881,109 | 156,222 | 206,183 | 255,122 | 303,061 | 51,580 | 56,197 | 97,501 | 228,932 | |
170/4 |
26,405 | 140,423 | 242,634 | 378,687 | 512,901 | 698,448 | 881,109 | 156,222 | 206,183 | 255,122 | 303,061 | 51,580 | 56,197 | 60,638 | 50,000 | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 36,863 | 178,932 | |
42/48 |
1.9m | 231,412 | 225,985 | 159,769 | 234,772 | 206,985 | 202,101 | 82,321 | 62,508 | 60,093 | 69,021 | 9,147 | 55,933 | 88,308 | 13,841 | |
42 |
114,018 | 146,956 | 136,052 | 134,214 | 185,360 | 182,661 | 179,785 | 49,961 | 48,939 | 47,938 | 48,519 | 4,617 | 39,789 | 75,305 | - | |
43 |
170,000 | 70,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
170,000 | 70,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
5,679 | 1,739 | 4,600 | 1,415 | 1,476 | 1,486 | 3,360 | 1,275 | 807 | 3,517 | 2,678 | 2,362 | 1,958 | 2,310 | 719 | |
440/4 |
5,679 | 1,739 | 4,600 | 1,415 | 1,476 | 1,486 | 3,360 | 1,275 | 807 | 3,517 | 2,678 | 2,362 | 1,958 | 2,310 | 719 | |
45 |
600 | 12,718 | 85,333 | 24,140 | 47,936 | 22,837 | 18,957 | 11,999 | 12,762 | 8,374 | 17,536 | 1,957 | 13,637 | 10,144 | 12,572 | |
450/3 |
600 | 12,718 | 85,333 | 24,140 | 47,936 | 22,837 | 18,957 | 11,999 | 12,762 | 8,374 | 17,536 | 1,957 | 11,887 | 8,394 | 10,522 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | 1,750 | 1,750 | 2,050 | |
47/48 |
1.6m | - | - | - | - | - | - | 19,085 | - | 265 | 288 | 211 | 550 | 550 | 550 | |
492/3 |
495 | 1,077 | 476 | 1,451 | 514 | 522 | - | - | - | 11 | 12 | 38 | - | - | - | |
| Income statement | ||||||||||||||||
76A |
- | - | - | - | - | - | - | 2,000 | - | - | - | - | - | - | - | |
9900 |
36,117 | 175,593 | 155,013 | 153,584 | 189,129 | 126,449 | 88,791 | 59,744 | 51,445 | 48,614 | 39,322 | 29,452 | 33,472 | 28,124 | 34,532 | |
630 |
51,108 | 131,636 | 15,409 | 14,559 | 8,017 | 10,278 | 11,269 | 11,289 | 3,686 | 7,327 | 6,825 | 4,203 | 4,094 | 3,732 | - | |
640/8 |
2,365 | 2,083 | 1,135 | 991 | 1,372 | 1,582 | 1,041 | 2,416 | 1,526 | 1,889 | 790 | 838 | 878 | 548 | 196 | |
66A |
341 | 34,063 | 529 | 273 | 93 | 360 | 159 | 106 | 50 | 45 | - | 50 | - | - | - | |
9901 |
-17,697 | 7,811 | 137,940 | 137,762 | 179,647 | 114,229 | 76,322 | 45,933 | 46,184 | 39,397 | 31,707 | 24,411 | 28,500 | 23,844 | 34,337 | |
75/76B |
5,285 | 5,114 | 643,102 | 133,584 | 458,155 | 234,517 | 188,828 | 97,482 | 141,326 | 172,595 | 151,030 | 156,712 | 70,014 | 56,212 | 66,003 | |
75 |
5,285 | 5,114 | 643,102 | 133,584 | 458,155 | 234,517 | 188,828 | 97,482 | 141,326 | 172,595 | 151,030 | 156,712 | 70,014 | 56,212 | 66,003 | |
65/66B |
12,444 | 16,553 | 9,153 | 10,583 | 18,315 | 16,274 | 8,206 | 4,971 | 5,971 | 6,944 | 9,014 | 3,318 | 5,708 | 8,961 | 12,686 | |
65 |
12,444 | 16,553 | 9,153 | 10,583 | 11,473 | 16,274 | 8,206 | 4,971 | 5,971 | 6,944 | 9,014 | 3,318 | 5,708 | 8,961 | 12,686 | |
66B |
- | - | - | - | 6,842 | - | - | - | - | - | - | - | - | - | - | |
9903 |
-24,857 | -3,629 | 771,889 | 260,762 | 619,488 | 332,472 | 256,944 | 138,444 | 181,538 | 205,004 | 173,723 | 177,755 | 92,806 | 71,095 | 87,653 | |
67/77 |
453 | 358 | 100,722 | 53,172 | 67,225 | 33,048 | 22,278 | 17,118 | 16,945 | 15,012 | 25,226 | 10,807 | 9,661 | 6,690 | 8,541 | |
9904 |
-25,310 | -3,987 | 671,166 | 207,590 | 552,263 | 299,423 | 234,665 | 121,326 | 164,593 | 189,993 | 148,497 | 166,948 | 83,145 | 64,405 | 79,112 | |
9905 |
-25,310 | -3,987 | 671,166 | 207,590 | 552,263 | 299,423 | 234,665 | 121,326 | 164,593 | 189,993 | 148,497 | 166,948 | 83,145 | 64,405 | 79,112 | |
| Appropriation of the result | ||||||||||||||||
9906 |
-25,310 | -3,941 | 671,212 | 207,635 | 552,285 | 300,022 | 235,599 | 122,019 | 164,693 | 190,602 | 149,107 | 167,610 | 83,662 | 64,517 | 79,112 | |
14P |
- | 45 | 45 | 45 | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
1.6m | 3,941 | - | - | 148,240 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 671,166 | 207,590 | 552,240 | 300,000 | 235,000 | 102,000 | 164,000 | 190,503 | 148,497 | 167,000 | 83,000 | 64,000 | 79,000 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 2,500 | - | - | 1,860 | |
6921 |
- | - | 671,166 | 207,590 | 552,240 | 300,000 | 235,000 | 102,000 | 164,000 | 190,503 | 148,497 | 164,500 | 83,000 | 64,000 | 77,140 | |
694/7 |
1.6m | - | - | - | 148,240 | - | - | 19,085 | - | - | - | - | - | - | - | |
694 |
1.6m | - | - | - | 148,240 | - | - | 19,085 | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 05-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 05-01-2026 | 2026-00003506 | |
| 30-06-2024 | micro format | 09-12-2024 | 2024-00613099 | |
| 30-06-2023 | micro format | 04-01-2024 | 2024-00542933 | |
| 30-06-2022 | micro format | 14-12-2022 | 2022-20537145 | |
| 30-06-2021 | micro format | 27-01-2022 | 2022-02200549 | |
| 30-06-2020 | micro format | 28-01-2021 | 2021-02700172 | |
| 30-06-2019 | micro format | 19-12-2019 | 2019-76600483 | |
| 30-06-2018 | micro format | 07-01-2019 | 2019-00600084 | |
| 30-06-2017 | micro format | 22-12-2017 | 2017-73600291 | |
| 30-06-2016 | abbreviated format | 15-12-2016 | 2016-70100447 | |
| 30-06-2015 | abbreviated format | 07-12-2015 | 2015-68400436 | |
| 30-06-2014 | abbreviated format | 05-12-2014 | 2014-68600014 | |
| 30-06-2013 | abbreviated format | 16-12-2013 | 2013-68700170 | |
| 30-06-2012 | abbreviated format | 11-12-2012 | 2012-66300189 | |
| 30-06-2011 | abbreviated format | 14-12-2011 | 2011-63700469 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 33,411 | 139,446 | 153,348 | 152,320 | 187,664 | 124,507 | 87,591 | 57,222 | 49,870 | 46,725 | 38,532 | 28,614 | 32,594 | 27,576 | - | ||
| 25,798 | 127,649 | 686,575 | 222,149 | 560,280 | 309,701 | 245,935 | 132,615 | 168,279 | 197,320 | 155,322 | 171,151 | 87,239 | 68,137 | - | ||
| 3,307 | 1.1m | 6,576 | 2,333 | 71,083 | 645 | 1.2m | 50,615 | 0 | 2,512 | 459,603 | 56,578 | 2,490 | 19,660 | 300,000 | ||
| -15,199 | -841,906 | 307,141 | 138,781 | 259,900 | 70,611 | -284,793 | 129,193 | 210,796 | 25,839 | -44,203 | 78,954 | 19,623 | -17,389 | - | ||
| -1.6m | 63,872 | 1.1m | 593,393 | 506,855 | 333,362 | 206,445 | 406,343 | 323,100 | 203,771 | 56,902 | 109,728 | -25,266 | -68,711 | 14,244 | ||
| 39.3% | 88.4% | 85.9% | 80.1% | 72.5% | 63.3% | 53.9% | 81.2% | 77.5% | 70.8% | 60.6% | 87.5% | 67.5% | 44.6% | 26.0% | ||
| 0.14 | 1.28 | 6.03 | 4.71 | 3.16 | 2.61 | 2.02 | 5.94 | 6.17 | 4.39 | 1.82 | 13.00 | 0.55 | 0.22 | 2.03 | ||
| 1.55 | 0.13 | 0.16 | 0.25 | 0.38 | 0.58 | 0.86 | 0.23 | 0.29 | 0.41 | 0.65 | 0.14 | 0.48 | 1.24 | 2.85 | ||
| -2.1% | -0.1% | 23.6% | 9.5% | 28.1% | 19.1% | 18.6% | 11.8% | 17.7% | 24.9% | 25.9% | 39.3% | 35.7% | 43.0% | 92.7% | ||
| -0.8% | -0.1% | 20.2% | 7.6% | 20.3% | 12.1% | 10.0% | 9.6% | 13.8% | 17.6% | 15.7% | 34.4% | 24.1% | 19.2% | 24.1% | ||
| 2.68 | 8.42 | 16.75 | 14.39 | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Mortgages, amount registered | €87,500 | €87,500 | - | - |
| €262,500 | €262,500 | - | - | |
| Carrying value of the mortgaged assets | €908,780 | €930,364 | - | - |
| Carrying value of the other pledged assets | €1.6m | €1.6m | €1.6m | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €3,307 | €1.1m | €6,576 | €2,333 |
| €51,108 | €131,636 | €15,409 | €14,559 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €17,697, after a profit of €7,811 in 2024. It is the lowest result since 2011.
Debt's share of the balance-sheet total rises from 11.6% to 60.7%. Equity is lower and debt is higher.
Source: list of holdings in its own 30-06-2025 accounts. Every holding stands with its own latest accounts.
| Name | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AUTOMOTION | 20% | 24.99% | 38% | ||||||||||||
Source: list of holdings in its own accounts
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Lange Munte 5A registered office 9860 Oosterzele | 15-04-2010 | 2.186.775.423 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44059B0761/00H002 | 2,424 m² | 1 · 153 m² | 6.4 m · 2 |
If something looks wrong or is missing, please tell us.