MULTISALE
Open bankruptcyA bankruptcy procedure is open for MULTISALE according to publications in the Belgian State Gazette. The KBO register records for MULTISALE the legal situation: dissolution or liquidation (code 013); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (€-23k) and a net result of €-5k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-23k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
35 d early
2022
4 d late
2021
124 d late
2020
223 d late
2019
581 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-23k▼ 27.0%
2023 · €-18k
2018: €-21k
2019: €-21k
2020: €-21k
2021: €-21k
2022: €-19k
2023: €-18k
2018 → 2024
Total assets
€10k▼ 60.3%
2023 · €24k
2018: €5k
2019: €5k
2020: €5k
2021: €5k
2022: €6k
2023: €24k
2018 → 2024
Net result
€-5k
2023 · €2k
2022: €2k
2023: €2k
2022 → 2024
Working capital
€-4k▲ 48.9%
2023 · €-7k
2018: €965
2019: €965
2020: €965
2021: €965
2022: €3k
2023: €-7k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-21k-€-21k=€-19k▲ 7.4%€-18k▲ 8.8%€-23k▼ 27.0%
Operating result€2k€2k▲ 6.0%€-5k
Net result€2k€2k▲ 10.0%€-5k
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 2024: a loss of €5k after €2k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10k
Fixed assets
€9k▲ 6.4%
Current assets
€447▼ 97.2%
Key figures and ratios
EBITDA
€-3k▼
2023 · €2k
Cash flow
€-3k▼
2023 · €2k
Solvency
-232.7%▼
2023 · -72.8%
Current ratio
0.11▼
2023 · 0.68
Quick ratio
0.11▼
2023 · 0.68
Debt / equity
-1.43▲
2023 · -2.37
ROA
-49.4%▼
2023 · 7.0%
Debt
€32k▼
2023 · €42k
Debt ≤ 1 year
€4k▼
2023 · €23k
Debt > 1 year
€25k▲
2023 · €19k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€24k€10k▼
Fixed assets21/28€9k€9k▲
Tangible fixed assets22/27€9k€9k▲
Land and buildings22€8k€9k▲
Furniture and vehicles24€871€528▼
Current assets29/58€16k€447▼
Amounts receivable within one year40/41€16k€447▼
Trade receivables40€16k-
Other amounts receivable41-€447
Equity and liabilities
Total equity and liabilities10/49€24k€10k▼
Equity10/15€-18k€-23k▼
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-26k€-30k▼
Amounts payable17/49€42k€32k▼
Amounts payable after more than one year17€19k€25k▲
Financial debts170/4€19k€25k▲
Amounts payable within one year42/48€23k€4k▼
Trade debts44€23k-
Suppliers440/4€23k-
Other amounts payable47/48€471€4k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€753€1k▲
Gross operating margin9900€2k€-3k▼
Operating profit (loss)9901€2k€-5k▼
Profit (loss) for the period before taxes9903€2k€-5k▼
Profit (loss) for the period9904€2k€-5k▼
Profit (loss) for the period to be appropriated9905€2k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-30k▼
Profit (loss) brought forward from the previous period14P€-27k€-26k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-5k ▼378%
Net result drops to €-5k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €2k ▲10%
Operating result €2k, net result €2k, both a record.
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 124 days late
09-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · MULTISALE BV STATIONS- STRAAT 116, 3620 LANAKEN · event 03-05-2022
11-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 223 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 581 days late
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 926 days late
11-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1291 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
SignalFinancial 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
1 establishment unit since 1999
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.
Ground area
609 m²
Building footprint
325 m²
Parcel 73042D0701/00W002, Flanders. Linked by address, not a title deed.
1 establishment unit
Establishment
since 19992.070.126.290
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042D0701/00W002 | Flanders | 609 m² | 1 · 325 m² | - |
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.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | TOM ARTS JAARBEURSLAAN 19, 3600 GENK- |
03-05-2022 → present |
| Curator | GEERT RENIERS JAARBEURSLAAN 19,
3600 GENK |
03-05-2022 → present |
| Curator | ILONA LO GIUDICE JAAR-
BEURSLAAN 19, |
03-05-2022 → present |
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Gent
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 4,422 companies in sector 46180 we hold annual accounts for 1,886.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-1995
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
51180
45194
46713Wholesale trade
47540Retail sale of electrical household appliances
52450
55203Holiday cottages, homes and apartments
55209Other holiday and short-stay accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.