Multiservice Nick
ActiveThe computed 12-month bankruptcy probability of Multiservice Nick is 1.8% (moderate). The 2025 annual accounts show equity of €190k and a net result of €57k. Equity is growing by ~61.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 27619 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 17.01 against 20.27 in 2024; short-term debt: 5.3% and cash: 88.4% of total assets), and 5.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
94.7%
Return on assets
28.4%
Age of the figures
9 mo
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 08-06-2026, 53 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
53 d early
2024
143 d early
2023
21 d early
2022
28 d early
2021
34 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€190k▲ 42.8%
2024 · €133k
2021: €17k
2022: €33k
2023: €77k
2024: €133k
2021 → 2025
Total assets
€201k▲ 44.0%
2024 · €140k
2021: €48k
2022: €44k
2023: €92k
2024: €140k
2021 → 2025
Net result
€57k▲ 0.9%
2024 · €57k
2021: €16k
2022: €16k
2023: €44k
2024: €57k
2021 → 2025
Working capital
€172k▲ 57.3%
2024 · €109k
2021: €1k
2022: €24k
2023: €76k
2024: €109k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€33k▲ 94.2%€77k▲ 133%€133k▲ 73.8%€190k▲ 42.8%
Operating result€22k-€22k▼ 1.0%€65k▲ 193%€82k▲ 27.0%€84k▲ 2.0%
Net result€16k-€16k▲ 0.1%€44k▲ 174%€57k▲ 29.4%€57k▲ 0.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201k
Fixed assets
€19k▼ 25.3%
Current assets
€183k▲ 58.9%
Equity and liabilities €201k
Equity
€190k▲ 42.8%
Debt
€11k▲ 67.3%
The debt ratio rises from 4.6% to 5.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€90k▲
2024 · €89k
Cash flow
€63k▼
2024 · €64k
Solvency
94.7%▼
2024 · 95.4%
Current ratio
17.01▼
2024 · 20.27
Quick ratio
16.92▼
2024 · 20.11
Debt / equity
0.06▲
2024 · 0.05
ROE
30.0%▼
2024 · 42.5%
ROA
28.4%▼
2024 · 40.5%
Interest coverage
1054.49▼
2024 · 5275.16
Debt
€11k▲
2024 · €6k
Debt ≤ 1 year
€11k▲
2024 · €6k
Income taxes
€27k▲
2024 · €26k
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€140k€201k▲
Fixed assets21/28€25k€19k▼
Tangible fixed assets22/27€25k€19k▼
Plant, machinery and equipment23€211€0▼
Furniture and vehicles24€25k€19k▼
Current assets29/58€115k€183k▲
Stocks and contracts in progress3€912€950▲
Stocks30/36€912€950▲
Amounts receivable within one year40/41€6k€1k▼
Trade receivables40€5k€1k▼
Other amounts receivable41€882€0▼
Cash at bank and in hand54/58€106k€178k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€140k€201k▲
Equity10/15€133k€190k▲
Contributions10/11€1k€1k=
Reserves13€132k€189k▲
Distributable reserves133€132k€189k▲
Amounts payable17/49€6k€11k▲
Amounts payable within one year42/48€6k€11k▲
Trade debts44€145€935▲
Suppliers440/4€145€935▲
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€6k€6k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€0€4k▲
Accrued charges and deferred income492/3€750€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€1k€846▼
Non-recurring operating charges66A€0-
Gross operating margin9900€90k€91k▲
Operating profit (loss)9901€82k€84k▲
Financial income75/76B€411€761▲
Recurring financial income75€411€761▲
Financial charges65/66B€17€85▲
Recurring financial charges65€17€85▲
Profit (loss) for the period before taxes9903€82k€84k▲
Income taxes67/77€26k€27k▲
Profit (loss) for the period9904€57k€57k▲
Profit (loss) for the period to be appropriated9905€57k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€57k▲
Transfer to equity691/2€57k€57k▲
To other reserves6921€57k€57k▲
The notes to these accounts (4 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €57k ▲0.9%
Operating result €84k, net result €57k, both a record.
31-12
Financial
Equity above €150kEq €190k ▲42.8%
5 profitable years in a row build equity to €190k.
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 20.27
Current ratio from 6.26 to 20.27; short-term debt falls from €14k to €6k.
31-12
Financial
Equity above €100kEq €133k ▲73.8%
4 profitable years in a row build equity to €133k.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 3.36
Current ratio from 1.04 to 3.36; short-term debt falls from €31k to €10k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Knokke-Heist · 1 establishment unit since 2021
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.
Nicolas Mengélaan 148301 Knokke-HeistGround area
238 m²
Building footprint
238 m²
Volume, LiDAR
3,455 m³
Parcel 31008I0229/00A000, Flanders · tallest building 20.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Multiservice Nick
since 20212.313.512.950
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31008I0229/00A000 | Flanders | 238 m² | 1 · 238 m² | 20.8 m · 5 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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BE 1003.859.928
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VANHERPE & DE BOCK
BE 0891.865.312
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VERVLOESSEM
BE 0455.408.763
Herselt · Eq €191k
Of 7,039 companies in sector 43221 we hold annual accounts for 3,469. 2,908 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2021
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
33120Repair and maintenance of machinery
43211General electrical installation work
43320Joinery installation
43331Floor and wall tiling
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.