MULTITECHNIEK
ActiveMULTITECHNIEK has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210k and a net result of €53k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-4
Solvency47▼-31
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 2.08 in 2024; short-term debt: 75.1% and cash: 18.4% of total assets), and 77.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
22.3%
Return on assets
5.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7760 sector peers (2025).
NBB · sector comparisonPosition among 7760 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
29 d late
2022
29 d late
2021
29 d late
2020
31 d late
2019
69 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€210k▼ 58.6%
2024 · €507k
2018: €277k
2019: €319k
2020: €332k
2021: €362k
2022: €374k
2023: €445k
2024: €507k
2018 → 2025
Total assets
€940k▼ 1.7%
2024 · €956k
2018: €795k
2019: €546k
2020: €565k
2021: €654k
2022: €711k
2023: €724k
2024: €956k
2018 → 2025
Net result
€53k▼ 38.4%
2024 · €86k
2018: €110k
2019: €43k
2020: €13k
2021: €50k
2022: €62k
2023: €171k
2024: €86k
2018 → 2025
Working capital
€147k▼ 66.9%
2024 · €446k
2018: €323k
2019: €332k
2020: €302k
2021: €319k
2022: €335k
2023: €405k
2024: €446k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€362k-€374k▲ 3.4%€445k▲ 19.1%€507k▲ 13.8%€210k▼ 58.6%
Operating result€79k-€92k▲ 17.0%€212k▲ 131%€117k▼ 45.0%€86k▼ 26.4%
Net result€50k-€62k▲ 24.4%€171k▲ 175%€86k▼ 49.6%€53k▼ 38.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €940k
Fixed assets
€87k▼ 11.8%
Current assets
€854k▼ 0.5%
Equity and liabilities €940k
Equity
€210k▼ 58.6%
Debt
€730k▲ 62.5%
The debt ratio rises from 47.0% to 77.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€117k▼
2024 · €144k
Cash flow
€84k▼
2024 · €114k
Solvency
22.3%▼
2024 · 53.0%
Current ratio
1.21▼
2024 · 2.08
Quick ratio
1.09▼
2024 · 1.93
Debt / equity
3.48▲
2024 · 0.89
ROE
25.3%▲
2024 · 17.0%
ROA
5.6%▼
2024 · 9.0%
Interest coverage
7.49▼
2024 · 9.90
Debt
€730k▲
2024 · €449k
Debt ≤ 1 year
€706k▲
2024 · €412k
Debt > 1 year
€24k▼
2024 · €37k
Income taxes
€20k▼
2024 · €21k
Staff costs
€482k▲
2024 · €475k
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€956k€940k▼
Fixed assets21/28€98k€87k▼
Tangible fixed assets22/27€98k€87k▼
Plant, machinery and equipment23€1k€143▼
Furniture and vehicles24€89k€65k▼
Other tangible fixed assets26€8k€21k▲
Current assets29/58€858k€854k▼
Stocks and contracts in progress3€64k€81k▲
Stocks30/36€54k€81k▲
Contracts in progress37€10k€0▼
Amounts receivable within one year40/41€623k€581k▼
Trade receivables40€318k€170k▼
Other amounts receivable41€305k€411k▲
Cash at bank and in hand54/58€152k€173k▲
Deferred charges and accrued income490/1€19k€19k▼
Equity and liabilities
Total equity and liabilities10/49€956k€940k▼
Equity10/15€507k€210k▼
Contributions10/11€19k€19k=
Reserves13€488k€191k▼
Distributable reserves133€488k€191k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€449k€730k▲
Amounts payable after more than one year17€37k€24k▼
Financial debts170/4€37k€24k▼
Amounts payable within one year42/48€412k€706k▲
Current portion of amounts payable after more than one year42€16k€13k▼
Trade debts44€367k€338k▼
Suppliers440/4€367k€338k▼
Taxes, remuneration and social security45€1k€3k▲
Taxes450/3€1k€1k=
Remuneration and social security454/9-€2k
Other amounts payable47/48€28k€352k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€475k€482k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€31k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€622k€601k▼
Operating profit (loss)9901€117k€86k▼
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€15k€16k▲
Recurring financial charges65€15k€16k▲
Profit (loss) for the period before taxes9903€108k€73k▼
Income taxes67/77€21k€20k▼
Profit (loss) for the period9904€86k€53k▼
Profit (loss) for the period to be appropriated9905€86k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€86k€53k▼
Transfer from equity791/2-€297k
Transfer to equity691/2€61k€0▼
To other reserves6921€61k€0▼
Profit to be distributed694/7€25k€350k▲
Return on contributions (dividend)694-€350k
Directors or managers695€25k€0▼
Social balance
Average headcount (FTE)90878.78.9▲
The notes to these accounts (14 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Equity above €500kEq €507k ▲13.8%
7 profitable years in a row build equity to €507k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €171k ▲175%
Operating result €212k, net result €171k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €13k ▼70.6%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Roeselare · 1 establishment unit since 2006
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.
Krommebeekpark 318800 RoeselareGround area
2,450 m²
Building footprint
1,331 m²
Parcel 36505B1205/00A000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Multitechniek
since 20062.152.413.667
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505B1205/00A000 | Flanders | 2,450 m² | 1 · 1,331 m² | 0.1 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 861 EUR awarded · 938 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 167 EUR | 124 EUR |
| 2023 | 1 | 0 EUR | 120 EUR |
| 2022 | 1 | 694 EUR | 694 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
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JDW CHAUFFAGE
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AIRG
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Herve · Eq €210k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,787 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2006
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
70111
68121Development of residential building projects
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.