MULTIVISION
ActiveSummary
The computed 12-month bankruptcy probability of MULTIVISION is 1.9% (moderate). The 2025 annual accounts show equity of €112,667 and a net result of €29,114. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 42% of 1323 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+62
Solvency63▲+22
Growth78▲+26
Track record92
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.33 against 0.27 in 2024; short-term debt: 29.8% and cash: 33.1% of total assets), and 62.2% of the assets are financed with debt.
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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 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← 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
37.8%
Return on assets
9.8%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
3 d early
2023
29 d late
2022
4 d early
2021
3 d early
2020
184 d late
2019
24 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 32 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#8 company by equity in Tremelo, Manufacturing sector
Equity
€112,667▲ 57.0%
2024 · €71,768
Total assets
€298,350▼ 35.0%
2024 · €459,310
Net result
€29,114
2024 · -€42,192
Working capital
€28,901
2024 · -€61,429
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, 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
Operating result€30,189▲ 9.8%€17,010▼ 43.7%€9,804▼ 42.4%-€22,697€99,739
Net result€16,945within the sector's middle half▲ 7.6%€3,111within the sector's middle half▼ 81.6%-€8,957below the sector's middle half-€42,192below the sector's middle half▼ 371%€29,114within the sector's middle half
Equity€119,806above the sector's middle half▲ 16.5%€122,917above the sector's middle half▲ 2.6%€113,960within the sector's middle half▼ 7.3%€71,768within the sector's middle half▼ 37.0%€112,667within the sector's middle half▲ 57.0%
Total assets€552,384above the sector's middle half▼ 4.8%€518,974above the sector's middle half▼ 6.0%€536,691above the sector's middle half▲ 3.4%€459,310above the sector's middle half▼ 14.4%€298,350within the sector's middle half▼ 35.0%
Debt€419,303▼ 9.5%€383,424▼ 8.6%€414,118▲ 8.0%€378,929▼ 8.5%€185,682▼ 51.0%
Working capital-€26,164▲ 11.5%-€31,890▼ 21.9%-€52,358▼ 64.2%-€61,429▼ 17.3%€28,901
Solvency21.7%within the sector's middle half▲ 4.0pp23.7%within the sector's middle half▲ 2.0pp21.2%below the sector's middle half▼ 2.5pp15.6%below the sector's middle half▼ 5.6pp37.8%within the sector's middle half▲ 22.1pp
above
within
below
the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €99,739 after a loss of €22,697 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €298,350
Fixed assets
€180,538 ▼ 58.7%
Current assets
€117,811 ▲ 428%
Equity and liabilities €298,350
Equity
€112,667 ▲ 57.0%
Provisions
€0 ▼ 100%
Debt
€185,682 ▼ 51.0%
Debt's share of the balance-sheet total falls from 82.5% to 62.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€111,847▲
2024 · €5,689
Cash flow
€41,222▲
2024 · -€13,806
Current ratio
1.33▲
2024 · 0.27
Debt to equity
1.65▼
2024 · 5.28
ROE
25.8%▲
2024 · -58.8%
ROA
9.8%▲
2024 · -9.2%
Interest coverage
4.91▲
2024 · 0.30
Debt ≤ 1 year
€88,911▲
2024 · €83,737
Debt > 1 year
€96,772▼
2024 · €295,191
Income taxes
€48,375▲
2024 · €234
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 34,679 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €38,178 | €0 | €71,377 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,264 | €25,375 | €24,767 | €28,386 | €12,107 | ▼ 57.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €799 | - | - | - | - |
| Other operating charges640/8 | €3,755 | €3,661 | €3,155 | €2,344 | €3,853 | ▲ 64.4% |
| Non-recurring operating charges66A | - | - | - | - | €33,733 | - |
| Gross operating margin9900 | €57,209 | €46,844 | €37,726 | €8,032 | €149,433 | ▲ 1,760% |
| Operating profit (loss)9901 | €30,189 | €17,010 | €9,804 | -€22,697 | €99,739 | ▲ 539% |
| Financial income75/76B | €201 | €0 | €15 | €18 | €550 | ▲ 2,907% |
| Recurring financial income75 | €201 | €0 | €15 | €18 | €550 | ▲ 2,907% |
| Financial charges65/66B | €5,900 | €4,976 | €14,972 | €19,280 | €22,799 | ▲ 18.3% |
| Recurring financial charges65 | €5,900 | €4,976 | €14,972 | €19,280 | €22,799 | ▲ 18.3% |
| Profit (loss) for the period before taxes9903 | €24,490 | €12,034 | -€5,153 | -€41,958 | €77,490 | ▲ 285% |
| Transfer from deferred taxes780 | €642 | €642 | €4,020 | €0 | €0 | - |
| Income taxes67/77 | €8,187 | €9,565 | €7,823 | €234 | €48,375 | ▲ 20,606% |
| Profit (loss) for the period9904 | €16,945 | €3,111 | -€8,957 | -€42,192 | €29,114 | ▲ 169% |
| Transfer from tax-exempt reserves789 | €2,568 | €2,568 | €16,080 | €0 | €0 | - |
| Profit (loss) for the period to be appropriated9905 | €19,513 | €5,679 | €7,123 | -€42,192 | €29,114 | ▲ 169% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €552,384 | €518,974 | €536,691 | €459,310 | €298,350 | ▼ 35.0% |
| Fixed assets21/28 | €456,550 | €443,268 | €457,638 | €437,002 | €180,538 | ▼ 58.7% |
| Tangible fixed assets22/27 | €456,550 | €443,268 | €457,638 | €437,002 | €180,538 | ▼ 58.7% |
| Land and buildings22 | €444,769 | €435,764 | €453,886 | €434,421 | €179,128 | ▼ 58.8% |
| Plant, machinery and equipment23 | €3,100 | €2,467 | €1,833 | €1,200 | €566 | ▼ 52.8% |
| Furniture and vehicles24 | €8,681 | €5,036 | €1,919 | €1,381 | €844 | ▼ 38.9% |
| Current assets29/58 | €95,833 | €75,706 | €79,054 | €22,308 | €117,811 | ▲ 428% |
| Stocks and contracts in progress3 | €4,791 | €3,721 | €3,721 | €0 | - | - |
| Stocks30/36 | €4,791 | €3,721 | €3,721 | €0 | - | - |
| Amounts receivable within one year40/41 | €39,675 | €12,797 | €43,297 | €16,230 | €19,108 | ▲ 17.7% |
| Trade receivables40 | €39,675 | €12,757 | €43,237 | €16,161 | €12,994 | ▼ 19.6% |
| Other amounts receivable41 | - | €40 | €60 | €69 | €6,114 | ▲ 8,747% |
| Cash at bank and in hand54/58 | €51,368 | €58,673 | €32,035 | €4,476 | €98,703 | ▲ 2,105% |
| Deferred charges and accrued income490/1 | - | €515 | - | €1,602 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €552,384 | €518,974 | €536,691 | €459,310 | €298,350 | ▼ 35.0% |
| Equity10/15 | €119,806 | €122,917 | €113,960 | €71,768 | €112,667 | ▲ 57.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €113,606 | €116,717 | €107,760 | €123,995 | €86,188 | ▼ 30.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €53,100 | €50,531 | €34,452 | €34,452 | - | - |
| Distributable reserves133 | €58,647 | €64,326 | €71,449 | €87,683 | €84,328 | ▼ 3.8% |
| Profit (loss) carried forward14 | - | - | - | -€58,427 | €20,279 | ▲ 135% |
| Provisions and deferred taxes16 | €13,275 | €12,633 | €8,613 | €8,613 | - | - |
| Deferred taxes168 | €13,275 | €12,633 | €8,613 | €8,613 | - | - |
| Amounts payable17/49 | €419,303 | €383,424 | €414,118 | €378,929 | €185,682 | ▼ 51.0% |
| Amounts payable after more than one year17 | €297,305 | €271,029 | €282,707 | €295,191 | €96,772 | ▼ 67.2% |
| Financial debts170/4 | €297,305 | €271,029 | €282,707 | €295,191 | €96,772 | ▼ 67.2% |
| Amounts payable within one year42/48 | €121,997 | €107,597 | €131,412 | €83,737 | €88,911 | ▲ 6.2% |
| Current portion of amounts payable after more than one year42 | €27,776 | €26,586 | €32,425 | €21,949 | €12,705 | ▼ 42.1% |
| Trade debts44 | €25,368 | €29,881 | €28,245 | €8,456 | €6,261 | ▼ 26.0% |
| Suppliers440/4 | €25,368 | €29,881 | €28,245 | €8,456 | €6,261 | ▼ 26.0% |
| Advances received on contracts in progress46 | €788 | €1,173 | €550 | €0 | €0 | - |
| Taxes, remuneration and social security45 | €27,515 | €14,800 | €23,441 | €9,925 | €13,348 | ▲ 34.5% |
| Taxes450/3 | €26,015 | €13,300 | €21,941 | €9,925 | €10,761 | ▲ 8.4% |
| Remuneration and social security454/9 | €1,500 | €1,500 | €1,500 | €0 | €2,587 | - |
| Other amounts payable47/48 | €40,550 | €35,156 | €46,751 | €43,408 | €56,597 | ▲ 30.4% |
| Accrued charges and deferred income492/3 | - | €4,798 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,945 | €3,111 | -€8,957 | -€42,192 | €29,114 | ▲ 169% |
| + Depreciation and write-downs630 | €23,264 | €25,375 | €24,767 | €28,386 | €12,107 | ▼ 57.3% |
| Operating cash flow (approximation) | €40,210 | €28,486 | €15,810 | -€13,806 | €41,222 | ▲ 399% |
| Investment in fixed assets (approximation) | - | -€12,092 | -€39,138 | -€7,750 | €244,356 | ▲ 3,253% |
| Change in cash | - | €7,305 | -€26,638 | -€27,559 | €94,227 | ▲ 442% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
State Gazette act
Registered officeRegistered-office move · Director in office3 facts ▸
State Gazette act
Registered office
Registered-office move · Director in office3 facts ▸
- Registered-office move, Rozendal 15 te 3128 Baal
- Board meeting, unanimiteit van stemmen, wijziging maatschappelijke zetel aanvaard
- Director in office, Lauryssen Christophe (director)
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €29,114
Net result €29,114 after 2 loss-making years.
31-12
Financial
Liquidity times 5current ratio 1.33
Current ratio from 0.27 to 1.33.
31-12
Financial
Equity above €100,000Eq €112,667 ▲57%
Equity rises from €71,768 to €112,667.
29-08
KBO administration
Address struck
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€42,192
Net result drops to -€42,192, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 184 days late
Show earlier events
2020
31-12
Financial
Equity above €100,000Eq €102,861 ▲18.1%
3 profitable years in a row build equity to €102,861.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Highest result since 2018net €64,896 ▲717%
Net result €64,896, the highest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tremelo · 1 establishment unit since 2011
Ground area
431 m²
Building footprint
96 m²
Volume, LiDAR
510 m³
Parcel 24006C0280/00G002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rozendal 15, 3128 Tremelo
since 20112.200.945.638
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24006C0280/00G002 | Flanders | 431 m² | 1 · 96 m² | 7.8 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,635 EUR awarded · 1,635 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,635 EUR | 1,635 EUR |
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Of 3,719 companies in sector 33120 we hold annual accounts for 1,345. 1,139 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded07-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
33140Repair and maintenance of electrical equipment
33200Installation of industrial machinery and equipment
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
68201Renting and operating of own or leased residential real estate, excluding social housing
96220Beauty care and other beauty treatments
96230Day spas, saunas and steam baths
E-invoicing
Reachable via Peppol
Peppol ID
0208:0837819682
Also
9925:BE0837819682
Registered
16-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.