Active BE 0454.251.196Private limited companyOpen bankruptcy

MULTISALE

· 31 yrs active

Sector: Wholesale trade (46180)

Conclusion Checked

A bankruptcy procedure is open for MULTISALE according to publications in the Belgian State Gazette. The 2018 annual accounts show negative equity (€-21k) and a net result of €-29k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€-21k
Net result	€-29k
Active	31 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

40 / 100

Fragile profile — watch health in particular.

Health 0

Profitability 100

Solvency 51

Growth 50

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2018 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 04-07-2025 with the NBB · fiscal year 2024 · micro

Highlight YoY changes (±10%)

Fiscal year	2018
Revenue	—
EBITDA	—
Net profit	€-29k
Cash flow	—
Staff costs	—
Income taxes	—
Dividends	—
Total assets	€5k
Equity	€-21k
Debt	€26k
of which ≤ 1y	€4k
of which > 1y	€22k
Working capital	€965
Employees (FTE)	—

Ratios (computed)

	2018
Current ratio	1.27
Quick ratio	1.27
Working capital ratio	21.5%
Solvency	-467.4%
Debt / equity	-1.05
Long-term debt ratio	-1.05
Interest coverage	—
Gross margin	—
Net margin	—
ROA	-641.7%
ROE	137.3%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2018
Balance sheet — Assets
TOTAL ASSETS	20/58	€5k
Current assets	29/58	€5k
Amounts receivable within one year	40/41	€5k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€5k
Equity	10/15	€-21k
Contributions / capital	10/11	€8k
Accumulated profits (losses)	14	€-29k
Amounts payable	17/49	€26k
Amounts payable after one year	17	€22k
Amounts payable within one year	42/48	€4k
Income statement
Result to be appropriated	9905	€-29k

Ratios computed by Checked.

Directors & mandates3 persons

Role	Name	Tenure	Source
Curator	TOM ARTS JAARBEURSLAAN 19, 3600 GENK-	03-05-2022 → present	Belgian State Gazette
Curator	GEERT RENIERS JAARBEURSLAAN 19, 3600 GENK ↔ Also on 124 other cases	03-05-2022 → present	Belgian State Gazette
Curator	ILONA LO GIUDICE JAAR- BEURSLAAN 19,	03-05-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Wholesale trade(46180)
Legal form	Private limited company(610)
Incorporation	25-01-1995
Status	Active
Postal code	—
First BS signal	09-05-2022
Latest BS signal	09-05-2022

Company structure — linked entities3 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Establishment units 1 location

Establishment

het invullen van aangifteformulieren voor de loon- en inkomstenbelasting voor particulieren en bedrijven

since 19992.070.126.290

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73042D0701/00W002	Flanders	609 m²	1 · 325 m²	—

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

04-07-2025