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MULTIVISION SCREENS

Active
Private limited companyfounded 200224 yrs activeRue de la Marcelle 3, 5030 Gembloux, BelgiumKBO/BCE: BE 0476.887.731
Summary

The computed 12-month bankruptcy probability of MULTIVISION SCREENS is 4.0% (moderate). The 2025 annual accounts show negative equity (-€101,547) and a net result of -€216,830. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 13% of 145 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of electrical equipment
NACE 27402NACE 31502Retail sale of electrical household appliances NACE 47540
1 site
Size
€866,214total assets 2025
Staff
1 FTE
Equity
-€101,547
Loss
-€216,830
Net result -274%: other schema
Financial health
46 Fair Checked score 2025
Bankruptcy chance 12 m
4.0%
Structure
Parent
GHIGNY MANAGEMENT · 100%
Accounts 1 d early2 of 9 deeds read
Why 46- Negative equity -€101,547- Loss of €216,830, the second in a row (FY 2025)- Sector Manufacture of electrical equipment (NACE 27)+ Size: 1 FTE, total assets €866,214Show the evidence

Checked score

Score 2025
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 10% of its sector peers (NACE 27, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 13-24
equity -11.7% of total assets
Liquidity 27-20
short-term debt 53.5% · cash 3.1%
Profitability 0-18
return on assets -25.0%
Bankruptcy probability, 12 months
4.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (432 companies)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● 0.0% vs 11-2024lowest value 01-2025: 0.2%● 0.0% vs 12-2024lowest value 02-2025: 0.2%▲ +1.3% vs 01-2025 03-2025: 0.2%● 0.0% vs 02-2025 04-2025: 0.3%▲ +7.7% vs 03-2025 05-2025: 0.2%▼ -1.6% vs 04-2025 06-2025: 0.2%▼ -4.8% vs 05-2025 07-2025: 0.4%▲ +61.9% vs 06-2025 08-2025: 0.8%▲ +106% vs 07-2025 09-2025: 0.8%● 0.0% vs 08-2025 10-2025: 0.8%● 0.0% vs 09-2025 11-2025: 0.8%● 0.0% vs 10-2025 12-2025: 0.8%● 0.0% vs 11-2025 01-2026: 0.8%● 0.0% vs 12-2025 02-2026: 0.8%● 0.0% vs 01-2026 03-2026: 0.8%▲ +1.8% vs 02-2026 04-2026: 0.8%▲ +1.2% vs 03-2026 05-2026: 0.8%▼ -2.3% vs 04-2026 06-2026: 0.8%▲ +1.4% vs 05-2026 07-2026: 0.9%▲ +9.0% vs 06-2026 08-2026: 4.0%▲ +351% vs 07-2026highest value 09-2026: 4.0%● 0.0% vs 08-2026highest value 10-2026: 4.0%● 0.0% vs 09-2026highest value
  • Negative equity -€101,547 raises the probability
  • Loss of €216,830, the second in a row (FY 2025) raises the probability
  • Size: 1 FTE, total assets €866,214 lowers the probability for this profile
  • Sector Manufacture of electrical equipment (NACE 27) raises the probability
No credit on open account
Liquidity short (current ratio 0.8 against 1.93 in 2024; short-term debt: 53.5% and cash: 3.1% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 27, micro). Better than this share of them on solvency 11%, liquidity 17%, profitability 7%, growth against the median 3%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity -€101,547
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €216,830, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: 1 FTE, total assets €866,214
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Manufacture of electrical equipment (NACE 27)
In the bankruptcy model this factor raises the probability.
KBO
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 -€101,547
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
5 d early
2022
on the day
2021
2 d early
2020
97 d late
2019
284 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 53 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% 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 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 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
  1. Statutes amendmentAuditor report · Capital increase…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Resignation: MALCOURANT PIERRE MANAGEMENT (daily management…Appointments: TRUST-In (daily management delegate)…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€101,547 View
  • Caution: Result fell in 2025different schema filed ▼ 274% View
  • Caution: Among the weakest 5% on net resultsector median €33,026 · 145 companies -€216,830 View
  • Board changedlatest change 01-06-2026 · 0 in office 2 joined · 1 left View
  • Controlled by GHIGNY MANAGEMENT 100% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€216,830 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€866,214
Loss
-€216,830
Solvency
-11.7%
Total assets▼ 9.0%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 21-09-2026Statutes amendment
  2. 30-07-2026Annual accounts filed
  3. 01-06-2026Resignation: MALCOURANT PIERRE MANAGEMENT (daily management delegate)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of electrical equipmentNACE 27402
Founded
12-02-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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