MULTITASK INDUSTRIES
The computed 12-month bankruptcy probability of MULTITASK INDUSTRIES is 0.4% (very low). The 2024 annual accounts show equity of €865k and a net result of €798k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 62% of 947 sector peers (fiscal year 2024). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €865k |
| Net result | €798k |
| Staff (FTE) | 5.3 |
| Better than sector | 62% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 39.6% | 27.3% | |
| Net result | €798k | €24k | |
| Equity | €865k | €171k | |
| Gross operating margin | €1.74M | €175k | |
| Staff costs | €677k | €166k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €1.05M |
| Net profit | €798k |
| Cash flow | €836k |
| Staff costs | €677k |
| Income taxes | €216k |
| Dividends | €500k |
| Total assets | €2.18M |
| Equity | €865k |
| Debt | €1.32M |
| of which ≤ 1y | €1.14M |
| of which > 1y | €180k |
| Working capital | €784k |
| Employees (FTE) | 5.3 |
| 2024 | |
|---|---|
| Current ratio | 1.69 |
| Quick ratio | 1.27 |
| Working capital ratio | 35.9% |
| Solvency | 39.6% |
| Debt / equity | 1.52 |
| Long-term debt ratio | 0.21 |
| Interest coverage | 41.50 |
| Gross margin | - |
| Net margin | - |
| ROA | 36.6% |
| ROE | 92.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.18M |
| Fixed assets | 21/28 | €261k |
| Intangible fixed assets | 21 | €221k |
| Tangible fixed assets | 22/27 | €32k |
| Financial fixed assets | 28 | €8k |
| Current assets | 29/58 | €1.92M |
| Stocks & contracts in progress | 3 | €474k |
| Amounts receivable within one year | 40/41 | €974k |
| Investments | 50/53 | €152k |
| Cash & bank | 54/58 | €320k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.18M |
| Equity | 10/15 | €865k |
| Contributions / capital | 10/11 | €90k |
| Reserves | 13 | €727k |
| Accumulated profits (losses) | 14 | €48k |
| Amounts payable | 17/49 | €1.32M |
| Amounts payable after one year | 17 | €180k |
| Amounts payable within one year | 42/48 | €1.14M |
| Trade debts payable within one year | 44 | €102k |
| Income statement | ||
| Gross operating margin | 9900 | €1.74M |
| Operating result | 9901 | €1.01M |
| Financial income | 75 | €26k |
| Financial charges | 65 | €25k |
| Result before taxes | 9903 | €1.01M |
| Income taxes | 67/77 | €216k |
| Net result for the period | 9904 | €798k |
| Result to be appropriated | 9905 | €798k |
| NACE primary | Wholesale trade(46620) |
| Legal form | Private limited company(610) |
| Incorporation | 21-09-1992 |
| Status | Active |
| Postal code | 9060 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43302B0430/00B003 | Flanders | 8,537 m² | 1 · 1,981 m² | 9.8 m |
| 43302B0430/00G004 | Flanders | 2,509 m² | 1 · 417 m² | 6.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-12-2024 Ceases to exist through merger
- Ontbinding: 2024-12-31
Technical details
{
"notary": {
"name": "Pablo DE DONCKER",
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"auditor": null,
"act_meta": {
"language": "nl",
"pub_date": "2024-12-18",
"filing_date": "2024-12-09",
"act_kind_objet": "FUSIE DOOR OVERNEMING GELIJKGESTELDE VERRICHTING"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2024-12-09",
"unanimous": true
},
"end_event": {
"reason": "Fusie door overneming",
"art_wvv": [
"2:8",
"2:14",
"12:51",
"12:54"
],
"is_death": true,
"sub_type": "silent_merger_absorbed",
"critic_note": null,
"closure_effective_date": null,
"dissolution_effective_date": "2024-12-31",
"liquidator_dropped_by_guard": null,
"closure_effective_date_is_approximate": false,
"dissolution_effective_date_is_approximate": false
},
"liquidator": null,
"silent_merger": {
"acquirer_kbo": "0448.195.032",
"acquirer_name": "MULTITASK INDUSTRIES",
"merger_proposal_date": "2024-09-23",
"co_absorbed_companies": [
{
"kbo": "0720.777.603",
"name": "MTI RPD"
}
],
"merger_proposal_numac": "24142631",
"accounting_effective_date": "2025-01-01"
},
"court_division": {
"name": "Ondernemingsrechtbank Gent, afdeling Gent",
"language": "nl",
"tribunal_type": "entreprise"
},
"books_custodian": {
"address": null,
"is_abroad": false,
"holder_kbo": null,
"holder_name": "Overnemende Vennootschap",
"country_code": "BE",
"retention_years": null
},
"subject_company": {
"kbo": "0448.195.032",
"name_full": "MULTITASK INDUSTRIES",
"legal_form": "BV"
},
"closure_mandatary": null,
"prior_opening_ref": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"uitgifte van de akte"
],
"real_estate_transferred": [],
"shareholder_loan_settled": null,
"financials_at_dissolution": {
"equity_eur": null,
"reported_at": "2024-12-31",
"net_equity_sign": null,
"continuity_basis": "going_concern",
"net_position_eur": null,
"balance_total_eur": null
},
"distribution_to_shareholders": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MULTITASK INDUSTRIES |