Multituin
ActiveSummary
Multituin has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €544k and a net result of €98k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-5
Solvency88▼-8
Growth81=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.8 against 3.41 in 2024; short-term debt: 18.6% and cash: 24.2% of total assets), and 36.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
63.4%
Return on assets
11.4%
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 46
Relative position
BE, all sectors
reference
Sector 46
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
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
57 d early
2023
5 d early
2022
28 d early
2021
24 d early
2020
39 d early
2019
77 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€910k▲ 16.6%
2018 · €781k
2018: €781k
2018 → 2019
EBIT margin
6.8%▲ 5.0pp
2018 · 1.9%
2018: 1.9%
2018 → 2019
Net result
€98k▼ 6.4%
2024 · €104k
2018: €9k
2019: €44k
2020: €90k
2021: €165k
2022: €-8k
2023: €35k
2024: €104k
2018 → 2025
Working capital
€449k▲ 4.7%
2024 · €429k
2018: €64k
2019: €99k
2020: €132k
2021: €313k
2022: €325k
2023: €379k
2024: €429k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€398k-€389k▼ 2.1%€425k▲ 9.1%€491k▲ 15.5%€544k▲ 10.9%
Operating result€238k-€-6k€50k€150k▲ 201%€142k▼ 4.8%
Net result€165k-€-8k€35k€104k▲ 195%€98k▼ 6.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €859k
Fixed assets
€250k ▲ 190%
Current assets
€609k ▲ 0.4%
Equity and liabilities €859k
Equity
€544k ▲ 10.9%
Debt
€314k ▲ 55.8%
Debt's share of the balance-sheet total rises from 29.1% to 36.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€152k▼
2024 · €157k
Cash flow
€107k▼
2024 · €112k
Current ratio
3.80▲
2024 · 3.41
Quick ratio
1.76▼
2024 · 1.84
Debt to equity
0.58▲
2024 · 0.41
ROE
17.9%▼
2024 · 21.2%
ROA
11.4%▼
2024 · 15.1%
Interest coverage
34.93▼
2024 · 68.23
Debt ≤ 1 year
€160k▼
2024 · €178k
Debt > 1 year
€113k▲
2024 · €13k
Income taxes
€41k▼
2024 · €44k
Staff costs
€116k▲
2024 · €107k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€693k€859k▲
Fixed assets21/28€86k€250k▲
Tangible fixed assets22/27€86k€250k▲
Land and buildings22€25k€23k▼
Plant, machinery and equipment23€19k€18k▼
Furniture and vehicles24€41k€208k▲
Other tangible fixed assets26€355€177▼
Financial fixed assets28€135€135=
Current assets29/58€606k€609k▲
Stocks and contracts in progress3€280k€327k▲
Stocks30/36€280k€327k▲
Amounts receivable within one year40/41€54k€49k▼
Trade receivables40€26k€25k▼
Other amounts receivable41€27k€24k▼
Cash at bank and in hand54/58€258k€208k▼
Deferred charges and accrued income490/1€14k€24k▲
Equity and liabilities
Total equity and liabilities10/49€693k€859k▲
Equity10/15€491k€544k▲
Contributions10/11€19k€19k=
Reserves13€472k€526k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€470k€524k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€202k€314k▲
Amounts payable after more than one year17€13k€113k▲
Financial debts170/4€13k€113k▲
Amounts payable within one year42/48€178k€160k▼
Current portion of amounts payable after more than one year42€48k€46k▼
Trade debts44€53k€61k▲
Suppliers440/4€53k€61k▲
Taxes, remuneration and social security45€23k€12k▼
Taxes450/3€17k€6k▼
Remuneration and social security454/9€7k€7k▼
Other amounts payable47/48€53k€41k▼
Accrued charges and deferred income492/3€11k€41k▲
Income statement
Code20242025
Remuneration, social security and pensions62€107k€116k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€266k€270k▲
Operating profit (loss)9901€150k€142k▼
Financial income75/76B€661€300▼
Recurring financial income75€661€300▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€148k€138k▼
Income taxes67/77€44k€41k▼
Profit (loss) for the period9904€104k€98k▼
Profit (loss) for the period to be appropriated9905€104k€98k▼
Appropriation of the result
Profit (loss) to be appropriated9906€104k€98k▼
Transfer from equity791/2€38k€44k▲
Transfer to equity691/2€104k€98k▼
To other reserves6921€104k€98k▼
Profit to be distributed694/7€38k€44k▲
Return on contributions (dividend)694€38k€44k▲
Social balance
Average headcount (FTE)90873.23.1▼
The notes to these accounts (15 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €500kEq €544k ▲10.9%
3 profitable years in a row build equity to €544k.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €165k ▲84%
Operating result €238k, net result €165k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €233k ▲62.9%
3 profitable years in a row build equity to €233k.
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Equity above €100kEq €143k ▲44.5%
2 profitable years in a row build equity to €143k.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 63 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Geel · 1 establishment unit since 2010
Ground area
8,366 m²
Building footprint
977 m²
Volume, LiDAR
4,046 m³
Parcel 13374E0759/00G000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Multituin
since 20102.186.295.173
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13374E0759/00G000 | Flanders | 8,366 m² | 1 · 977 m² | 6.7 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,609 EUR awarded · 1,609 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 353 EUR | 353 EUR |
| 2024 | 1 | 392 EUR | 392 EUR |
| 2023 | 1 | 612 EUR | 612 EUR |
| 2022 | 1 | 252 EUR | 252 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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PERINGS HOLZ
BE 0467.082.714
Büllingen · Eq €536k
JARANDI
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Scierie Servais
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Bertrix · Eq €526k
Of 856 companies in sector 46832 we hold annual accounts for 588. 453 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
46832Wholesale of timber
16281Manufacture of other wood products
43350Other building finishing work
47521Retail sale of hardware, building materials, paint and glass (general range)
47522Retail trade
47526Retail trade
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.