Multivoxx
ActiveSummary
Multivoxx has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€76,967) and a net result of €2,093. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 11425 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
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
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 11425 sector peers (2025).
NBB · sector comparisonPosition among 11425 sector peers
Solvency
better than 5%
← 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 24-08-2026, 24 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
24 d late
2024
29 d late
2023
29 d late
2022
31 d late
2021
60 d late
2020
81 d late
2019
446 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 100 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2,093▼ 88.2%
2024 · €17,672
Working capital
-€77,660▲ 4.7%
2024 · -€81,528
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,965▼ 44.5%€28,841€19,380▼ 32.8%€18,277▼ 5.7%€2,729▼ 85.1%
Net result-€4,459▼ 30.8%€28,313€18,685▼ 34.0%€17,672▼ 5.4%€2,093▼ 88.2%
Equity-€143,731▼ 3.2%-€115,417▲ 19.7%-€96,732▲ 16.2%-€79,060▲ 18.3%-€76,967▲ 2.6%
Total assets€8,991▼ 6.8%€35,260▲ 292%€11,749▼ 66.7%€11,623▼ 1.1%€4,914▼ 57.7%
Debt€152,722▲ 2.6%€150,677▼ 1.3%€108,481▼ 28.0%€90,682▼ 16.4%€81,881▼ 9.7%
Working capital-€147,633▼ 2.2%-€120,674▲ 18.3%-€100,527▲ 16.7%-€81,528▲ 18.9%-€77,660▲ 4.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 85% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4,914
Fixed assets
€1,175 ▼ 52.4%
Current assets
€3,739 ▼ 59.2%
Key figures and ratios
EBITDA
€4,022▼
2024 · €19,732
Cash flow
€3,386▼
2024 · €19,128
Interest coverage
35.99▼
2024 · 217.29
Debt ≤ 1 year
€81,399▼
2024 · €90,682
Income taxes
€524▲
2024 · €513
Ratios withheld: a balance sheet total of €4,914 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 74% 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 3,799 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,215 | €1,044 | €1,456 | €1,456 | €1,293 | ▼ 11.2% |
| Other operating charges640/8 | €2,598 | €1,055 | €926 | €770 | €1,536 | ▲ 99.5% |
| Gross operating margin9900 | -€152 | €30,941 | €21,763 | €20,502 | €5,557 | ▼ 72.9% |
| Operating profit (loss)9901 | -€3,965 | €28,841 | €19,380 | €18,277 | €2,729 | ▼ 85.1% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | €0 | - | - | - |
| Financial charges65/66B | €57 | €59 | €85 | €91 | €112 | ▲ 23.0% |
| Recurring financial charges65 | €57 | €59 | €85 | €91 | €112 | ▲ 23.0% |
| Profit (loss) for the period before taxes9903 | -€4,022 | €28,782 | €19,295 | €18,186 | €2,617 | ▼ 85.6% |
| Income taxes67/77 | €437 | €469 | €610 | €513 | €524 | ▲ 2.1% |
| Profit (loss) for the period9904 | -€4,459 | €28,313 | €18,685 | €17,672 | €2,093 | ▼ 88.2% |
| Profit (loss) for the period to be appropriated9905 | -€4,459 | €28,313 | €18,685 | €17,672 | €2,093 | ▼ 88.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8,991 | €35,260 | €11,749 | €11,623 | €4,914 | ▼ 57.7% |
| Fixed assets21/28 | €3,902 | €5,380 | €3,924 | €2,468 | €1,175 | ▼ 52.4% |
| Tangible fixed assets22/27 | €3,902 | €5,380 | €3,924 | €2,468 | €1,175 | ▼ 52.4% |
| Furniture and vehicles24 | - | €2,258 | €1,583 | €908 | €395 | ▼ 56.5% |
| Other tangible fixed assets26 | €3,902 | €3,122 | €2,341 | €1,561 | €780 | ▼ 50.0% |
| Current assets29/58 | €5,089 | €29,880 | €7,825 | €9,154 | €3,739 | ▼ 59.2% |
| Amounts receivable within one year40/41 | €2,505 | €3,043 | €4,225 | €1,250 | €1,963 | ▲ 57.1% |
| Trade receivables40 | - | €1,250 | €3,065 | €1,250 | €1,250 | = |
| Other amounts receivable41 | €2,505 | €1,793 | €1,160 | - | €713 | - |
| Cash at bank and in hand54/58 | €2,540 | €26,837 | €3,587 | €7,904 | €1,776 | ▼ 77.5% |
| Deferred charges and accrued income490/1 | €43 | - | €13 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8,991 | €35,260 | €11,749 | €11,623 | €4,914 | ▼ 57.7% |
| Equity10/15 | -€143,731 | -€115,417 | -€96,732 | -€79,060 | -€76,967 | ▲ 2.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€149,931 | -€121,617 | -€102,932 | -€85,260 | -€83,167 | ▲ 2.5% |
| Amounts payable17/49 | €152,722 | €150,677 | €108,481 | €90,682 | €81,881 | ▼ 9.7% |
| Amounts payable within one year42/48 | €152,722 | €150,554 | €108,352 | €90,682 | €81,399 | ▼ 10.2% |
| Trade debts44 | - | - | - | €53 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €53 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €880 | €4,755 | €1,415 | €3,237 | €867 | ▼ 73.2% |
| Taxes450/3 | €880 | €4,755 | €1,415 | €3,237 | €867 | ▼ 73.2% |
| Other amounts payable47/48 | €151,842 | €145,800 | €106,937 | €87,392 | €80,531 | ▼ 7.9% |
| Accrued charges and deferred income492/3 | - | €123 | €129 | - | €483 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,459 | €28,313 | €18,685 | €17,672 | €2,093 | ▼ 88.2% |
| + Depreciation and write-downs630 | €1,215 | €1,044 | €1,456 | €1,456 | €1,293 | ▼ 11.2% |
| Operating cash flow (approximation) | -€3,244 | €29,358 | €20,141 | €19,128 | €3,386 | ▼ 82.3% |
| Investment in fixed assets (approximation) | - | -€2,522 | €0 | €0 | €0 | - |
| Change in cash | - | €24,297 | -€23,251 | €4,318 | -€6,129 | ▼ 242% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €28,313
Net result €28,313 after 2 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 60 days late
2021
31-12
Financial
Weakest financial yearnet -€4,459
Net result drops to -€4,459, the lowest in the series; recovery starts the following year.
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 81 days late
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 446 days late
2019
31-12
Financial
Back to profitnet €10,476
Net result €10,476 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2003
Ground area
442 m²
Building footprint
249 m²
Volume, LiDAR
3,013 m³
2 parcels, Brussels · tallest building 20.1 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Multivoxx sprl
since 20032.135.496.966
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21672C0247/00X002 | Brussels | 247 m² | 1 · 141 m² | 13.3 m · 4 fl. |
| 21906D0158/00W003 | Brussels | 195 m² | 1 · 108 m² | 20.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
ALFA CO
BE 0774.995.059
Sint-Lambrechts-Woluwe
AMB SALES
BE 0762.940.434
Sint-Lambrechts-Woluwe
BANMAH GROUP
BE 0771.435.852
Sint-Lambrechts-Woluwe
BINDSOL
BE 0793.511.666
Sint-Lambrechts-Woluwe
BONGSEN.SPIRIT
BE 0722.935.852
Sint-Lambrechts-Woluwe
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,147 companies in sector 46190 we hold annual accounts for 2,570. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-12-2003
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
47761Retail sale of flowers, plants, seeds and fertilisers
73300Public relations and communication consultancy
Contact
E-mail
robert.gordon@multivoxx.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0861892807
Also
9925:BE0861892807
Registered
20-04-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.