Equity
-€97,185
Debts exceed assets in financial year 2025.
MULTIWEX
Lifetime
1 annual account with figurespeak €459,231 (2025)
€459,231
lowest -€117,185 (2025)
-€117,185
peak -€97,185 (2025)
-€97,185
€381,086
peak 7.3 FTE (2025)
7.3 FTE
Board4 names since 2024
3 directorsDBC CORPORATE and 2 others
Owners
100%WEX
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Loss of €117,185First year with figures
Key points
from the 2025 annual accountsDebts
€381,086 134% of the balance sheet
Suppliers 17%Taxes and wages 13%Other 69%
Of this, €358,968 falls due within a year.
Position in the sector
-€117,185
Lower net result than 91% of companies in sports and recreation. Sector median €11,191 · 1,115 companies.
Checked score
53
Fair
Financially stronger than 21% of micro companies in sports and recreation (NACE 93)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 4,271 companies (NACE 93, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2025: 0.6%lowest value
07-2025: 0.6%● unchanged vs 06-2025lowest value
08-2025: 0.7%▲ +0.1 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.8%▲ +0.1 percentage points vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.9%▲ +0.1 percentage points vs 12-2025
02-2026: 1.0%▲ +0.1 percentage points vs 01-2026
03-2026: 0.9%▼ -0.1 percentage points vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 1.1%▲ +0.2 percentage points vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.4%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 1.4%● unchanged vs 08-2026highest value
10-2026: 1.4%● unchanged vs 09-2026highest value
11-2026: 1.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€97,185
Size: 7.3 FTE, total assets €283,900
lowers risk
Sector: Sports, amusement and recreation activities (NACE 93)
Liquidity: current ratio 0.76, cash €135,041
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 9% of them on solvency, 48% on liquidity and 7% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as MULTIWEX has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MULTIWEX itself is lower: 1.4% within 12 months. It rests on far more data about MULTIWEX than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for MULTIWEX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.76, below 1. Short-term debt is 126.4% and cash 47.6% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
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 08-07-2026, 23 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
23 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1009786133
1 director appointed, 1 resignation
Appointment: DBC Corporate · Permanent representative: Bruno DEMOULIN · Resignation: WEX SA · General meeting of 24-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MULTIWEX Marche-en-Famenne | €0.3m | €459,231 | -34.2% | 7.3 |
| KOSKAR Waterloo | €0.5m | €304,393 | 9.7% | - |
| Verviers Indoor Games Center Verviers | €1.7m | €231,142 | 23.6% | 4.7 |
| Pro-fun.com Namur | €0.3m | €129,460 | 3.1% | - |
| SHAROBI Wetteren | €0.8m | €473,696 | 41.3% | 8.4 |
| PEETERS ATTRACTIONS Jemeppe-sur-Sambre | €0.7m | €245,369 | 27.9% | - |
| FUNNY MOUNTAIN Arlon | €1.0m | €286,361 | 17.4% | 8 |
These companies have the same main activity as MULTIWEX: sports, amusement and recreation activities (NACE 93293). They are comparable in size and age: total assets between €331,000 and €1.7m, founded between 2018 and 2023.
Official details
Source: KBO- Status
- Active since 28-05-2024Normal situation
- Activity
- Sports, amusement and recreation activitiesNACE 93293and 5 others
- Establishment unit
- 2.360.828.6596900 Marche-en-Famenne, since 28-05-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2026
Annual accounts 2025
- ≈ €810,000estimated
- €283,900
- Employeeson 31-12-2025
- 7
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on MULTIWEX
MULTIWEX has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€97,185) and a net result of -€117,185.
Its solvency ranks better than 14% of 1,115 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MULTIWEX
- What is the company number of MULTIWEX?
- The company number of MULTIWEX is 1009.786.133. The VAT number is the same number with BE in front: BE 1009.786.133.
- Where is MULTIWEX based?
- The registered office is at Marche,Rue des Deux Provinces 1, 6900 Marche-en-Famenne.Company details
- What does MULTIWEX do?
- According to the KBO register, the main activity is sports, amusement and recreation activities (NACE 93293).
- What is the legal form of MULTIWEX?
- MULTIWEX is a private limited company (BV).
- When was MULTIWEX founded?
- MULTIWEX was founded on 28-05-2024.
- Is MULTIWEX still active?
- Yes, MULTIWEX is an active enterprise in the KBO register.
- How many employees does MULTIWEX have?
- MULTIWEX had an average of 7.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MULTIWEX?
- The turnover in financial year 2025 is ≈ €810,000. This figure is estimated from the gross margin of €459,231 and 42 comparable companies (NACE 93). It probably lies between €650,000 and €980,000.
- Is MULTIWEX profitable?
- In financial year 2025, MULTIWEX made a loss of €117,185.
- Where can I find the annual accounts of MULTIWEX?
- MULTIWEX filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See whether the workforce is growing and whether people stay.Employer check
See how customers, suppliers and banks see your own company and what to improve first.