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Multisoft Services

Active
Public limited companyfounded 201610 yrs activePrins Boudewijnlaan 24, 2550 Kontich, BelgiumKBO/BCE: BE 0648.965.137
Summary

Multisoft Services has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€727,539) and a net result of -€60,918. Equity is shrinking by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth38▼-7
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08 against 0.0 in 2024; cash: 7.5% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Return on assets
-99.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€727,539
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filings
Deviation from the deadline
2025
24 d late
2024
22 d late
2023
20 d early
2022
8 d late
2021
74 d late
2020
100 d late
2019
158 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 52 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 22 August (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Multisoft Services was incorporated on 24 February 2016.1 Revenue fell from EUR 2.7 million in 2018 to EUR 27,500 in 2025 and headcount from 5.8 full-time equivalents in 2018 to 8 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€27,500▼ 98.9%
2021 · €2.5m
EBIT margin
14.5%▲ 24.5pp
2021 · -10.0%
Net result
-€60,918▲ 34.9%
2024 · -€93,510
Working capital
-€727,539▲ 77.0%
2024 · -€3.2m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€2.5m▲ 15.9%€27,500
Operating result-€245,556▲ 28.1%-€352,938▼ 43.7%€8,732€77,181▲ 784%€3,981▼ 94.8%
Net result-€362,341below the sector's middle half▲ 21.7%-€472,020below the sector's middle half▼ 30.3%-€152,210below the sector's middle half▲ 67.8%-€93,510below the sector's middle half▲ 38.6%-€60,918below the sector's middle half▲ 34.9%
EBIT margin-10.0%▲ 6.1pp14.5%
Equity-€2.4mbelow the sector's middle half▼ 17.4%-€2.9mbelow the sector's middle half▼ 19.3%-€3.1mbelow the sector's middle half▼ 5.2%-€3.2mbelow the sector's middle half▼ 3.0%-€727,539below the sector's middle half▲ 77.0%
Total assets€868,981within the sector's middle half▼ 6.5%€98,807below the sector's middle half▼ 88.6%€82,818below the sector's middle half▼ 16.2%€6,605below the sector's middle half▼ 92.0%€61,367below the sector's middle half▲ 829%
Debt€3.3m▲ 10.0%€3.0m▼ 9.0%€3.2m▲ 4.5%€3.2m▲ 0.5%€788,906▼ 75.1%
Working capital-€2.5mbelow the sector's middle half▼ 15.0%-€2.9mbelow the sector's middle half▼ 18.3%-€3.1mbelow the sector's middle half▼ 4.9%-€3.2mbelow the sector's middle half▼ 3.0%-€727,539below the sector's middle half▲ 77.0%
Solvency-281.8%below the sector's middle half▼ 57.2pp
Current ratio0.25below the sector's middle half▼ 0.030.03below the sector's middle half▼ 0.220.03below the sector's middle half=0.00below the sector's middle half▼ 0.020.08below the sector's middle half▲ 0.08
Return on assets (ROA)-41.7%below the sector's middle half▲ 8.1pp-477.7%below the sector's middle half▼ 436.0pp-183.8%below the sector's middle half▲ 293.9pp-99.3%below the sector's middle half
Staff (FTE)8.1within the sector's middle half▲ 6.6%8within the sector's middle half▼ 1.2%
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0Operating result 2021: -€245,556-€245,556Net result 2021: -€362,341-€362,341Operating result 2022: -€352,938-€352,938Net result 2022: -€472,020-€472,020Operating result 2023: €8,732€8,732Net result 2023: -€152,210-€152,210Operating result 2024: €77,181€77,181Net result 2024: -€93,510-€93,510Operating result 2025: €3,981€3,981Net result 2025: -€60,918-€60,91820212022202320242025-€200,000-€100,000€0€100,000Operating result 2023: €8,732€8,730Net result 2023: -€152,210-€152,000Operating result 2024: €77,181€77,200Net result 2024: -€93,510-€93,500Operating result 2025: €3,981€3,980Net result 2025: -€60,918-€60,900202320242025
The operating result falls in 2025; 2025 is 95% below 2024.
Key figures and ratios
2025 value · change against 2024
Debt to equity
-1.08▼
2024 · -1.00
Debt ≤ 1 year
€788,906▼
2024 · €3.2m
A ratio outside any meaningful range has been withheld (balance sheet total €61,367, equity -€727,539).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.5% went bankrupt
8.0% stopped otherwise
85% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,940 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€6,605€61,367▲
Current assets29/58€6,605€61,367▲
Amounts receivable within one year40/41€1,556€56,623▲
Trade receivables40-€33,275
Other amounts receivable41€1,556€23,348▲
Cash at bank and in hand54/58€5,049€4,615▼
Deferred charges and accrued income490/1-€129
Equity and liabilities
Total equity and liabilities10/49€6,605€61,367▲
Equity10/15-€3.2m-€727,539▲
Contributions10/11€110,000€62,000▼
Capital10€110,000€62,000▼
Issued capital100€110,000€62,000▼
Profit (loss) carried forward14-€3.3m-€789,539▲
Amounts payable17/49€3.2m€788,906▼
Amounts payable within one year42/48€3.2m€788,906▼
Trade debts44€46,413€47,577▲
Suppliers440/4€46,413€47,577▲
Other amounts payable47/48€3.1m€741,329▼
Income statement Code20242025
Turnover70-€27,500
Non-recurring operating income76A€85,320€22,176▼
Goods, raw materials, services and sundry goods60/61€10,410€43,610▲
Other operating charges640/8€2,092€2,084▼
Gross operating margin9900€79,273€6,065▼
Operating profit (loss)9901€77,181€3,981▼
Financial charges65/66B€170,691€64,899▼
Recurring financial charges65€170,691€64,899▼
Profit (loss) for the period before taxes9903-€93,510-€60,918▲
Profit (loss) for the period9904-€93,510-€60,918▲
Profit (loss) for the period to be appropriated9905-€93,510-€60,918▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3.3m-€3.3m▼
Profit (loss) brought forward from the previous period14P-€3.2m-€3.3m▼
Transfer from equity791/2-€2.5m

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€2.5m---€27,500-
Non-recurring operating income76A€294--€85,320€22,176▼ 74.0%
Goods, raw materials, services and sundry goods60/61€2.2m€390,448€12,054€10,410€43,610▲ 319%
Remuneration, social security and pensions62€461,506€63,524----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48,242€21,185€6,072---
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3,925€18,021-€35,034---
Other operating charges640/8€63,252€27,271€45,679€2,092€2,084▼ 0.4%
Non-recurring operating charges66A--€2,070---
Gross operating margin9900€331,369-€222,935€27,519€79,273€6,065▼ 92.3%
Operating profit (loss)9901-€245,556-€352,938€8,732€77,181€3,981▼ 94.8%
Financial income75/76B€1,251€81€350---
Recurring financial income75€1,251€81€350---
Financial charges65/66B€117,884€119,094€161,015€170,691€64,899▼ 62.0%
Recurring financial charges65€117,884€119,094€161,015€170,691€64,899▼ 62.0%
Profit (loss) for the period before taxes9903-€362,189-€471,951-€151,933-€93,510-€60,918▲ 34.9%
Income taxes67/77€152€69€278---
Profit (loss) for the period9904-€362,341-€472,020-€152,210-€93,510-€60,918▲ 34.9%
Profit (loss) for the period to be appropriated9905-€362,341-€472,020-€152,210-€93,510-€60,918▲ 34.9%
Line20212022202320242025Change
Assets
Total assets20/58€868,981€98,807€82,818€6,605€61,367▲ 829%
Fixed assets21/28€29,327€8,141----
Intangible fixed assets21€16,738€1,933----
Tangible fixed assets22/27€12,589€6,209----
Plant, machinery and equipment23€10,509€4,599----
Furniture and vehicles24€2,080€1,610----
Current assets29/58€839,654€90,666€82,818€6,605€61,367▲ 829%
Amounts receivable within one year40/41€813,781€78,991€74,657€1,556€56,623▲ 3,539%
Trade receivables40€813,781€20,491€6,509-€33,275-
Other amounts receivable41-€58,500€68,148€1,556€23,348▲ 1,401%
Cash at bank and in hand54/58€21,465€8,438€8,161€5,049€4,615▼ 8.6%
Deferred charges and accrued income490/1€4,408€3,237--€129-
Equity and liabilities
Total equity and liabilities10/49€868,981€98,807€82,818€6,605€61,367▲ 829%
Equity10/15-€2.4m-€2.9m-€3.1m-€3.2m-€727,539▲ 77.0%
Contributions10/11€110,000€110,000€110,000€110,000€62,000▼ 43.6%
Capital10€110,000€110,000€110,000€110,000€62,000▼ 43.6%
Issued capital100€110,000€110,000€110,000€110,000€62,000▼ 43.6%
Profit (loss) carried forward14-€2.6m-€3.0m-€3.2m-€3.3m-€789,539▲ 75.9%
Amounts payable17/49€3.3m€3.0m€3.2m€3.2m€788,906▼ 75.1%
Amounts payable within one year42/48€3.3m€3.0m€3.2m€3.2m€788,906▼ 75.1%
Trade debts44€311,323€74,413€48,131€46,413€47,577▲ 2.5%
Suppliers440/4€311,323€74,413€48,131€46,413€47,577▲ 2.5%
Taxes, remuneration and social security45€70,711€14,775€278---
Taxes450/3€14,902€1,164€278---
Remuneration and social security454/9€55,808€13,611----
Other amounts payable47/48€2.9m€2.9m€3.1m€3.1m€741,329▼ 76.3%
Accrued charges and deferred income492/3€1,405-----
Line20212022202320242025Change
Profit (loss) for the period9904-€362,341-€472,020-€152,210-€93,510-€60,918▲ 34.9%
+ Depreciation and write-downs630€48,242€21,185€6,072---
Operating cash flow (approximation)-€314,099-€450,834-€146,139-€93,510-€60,918▲ 34.9%
Investment in fixed assets (approximation)-€0----
Change in cash--€13,028-€277-€3,112-€435▲ 86.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
22-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
11-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 8 days late
2022
13-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 74 days late
2021
08-11
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 100 days late
05-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 158 days late
2019
31-12
Financial Weakest financial yearnet -€965,518
Net result drops to -€965,518, the lowest in the series; recovery starts the following year.
05-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
9 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, Kontich · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
1,042 m²
Building footprint
340 m²
Volume, LiDAR
1,750 m³
Parcel 11024B0091/00R002, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
26 companies at this address See who is registered here
1 establishment unit
Multisoft Services
Prins Boudewijnlaan 24, 2550 KontichComputer consultancy and computer facilities management
since 20162.250.917.464
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11024B0091/00R002 Flanders 1,042 m² 1 · 339 m² 12.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group Nuclys 450 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. Nuclys 95.22%
  2. De Cronos Groep 80%
  3. UPTIME GROUP 100%
  4. Multisoft Services

Highest known parent: Nuclys. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of Multisoft Services and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 175 companies in sector 77330 we hold annual accounts for 111. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded24-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
77330Rental and leasing activities
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0648965137
Also 9925:BE0648965137

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.