MULTIWORKS BELGIUM
The computed 12-month bankruptcy probability of MULTIWORKS BELGIUM is 4.3% (elevated). The 2024 annual accounts show negative equity (€-55k) and a net result of €-52k. Its solvency ranks better than 6% of 1974 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-55k |
| Net result | €-52k |
| Better than sector | 6% |
| Active | 3 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -30.2% | 36.6% | |
| Net result | €-52k | €10k | |
| Equity | €-55k | €29k | |
| Gross operating margin | €32k | €39k | |
| Staff costs | €49k | €35k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-19k |
| Net profit | €-52k |
| Cash flow | €-19k |
| Staff costs | €49k |
| Income taxes | - |
| Dividends | - |
| Total assets | €182k |
| Equity | €-55k |
| Debt | €237k |
| of which ≤ 1y | €220k |
| of which > 1y | €17k |
| Working capital | €-134k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.39 |
| Quick ratio | 0.39 |
| Working capital ratio | -73.6% |
| Solvency | -30.2% |
| Debt / equity | -4.31 |
| Long-term debt ratio | -0.30 |
| Interest coverage | -70.43 |
| Gross margin | - |
| Net margin | - |
| ROA | -28.8% |
| ROE | 95.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €182k |
| Fixed assets | 21/28 | €95k |
| Tangible fixed assets | 22/27 | €95k |
| Current assets | 29/58 | €86k |
| Amounts receivable within one year | 40/41 | €85k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €182k |
| Equity | 10/15 | €-55k |
| Accumulated profits (losses) | 14 | €-55k |
| Amounts payable | 17/49 | €237k |
| Amounts payable after one year | 17 | €17k |
| Amounts payable within one year | 42/48 | €220k |
| Trade debts payable within one year | 44 | €28k |
| Income statement | ||
| Gross operating margin | 9900 | €32k |
| Operating result | 9901 | €-52k |
| Financial charges | 65 | €269 |
| Result before taxes | 9903 | €-52k |
| Net result for the period | 9904 | €-52k |
| Result to be appropriated | 9905 | €-52k |
| NACE primary | Cleaning & landscape services(81220) |
| Legal form | Private limited company(610) |
| Incorporation | 30-09-2022 |
| Status | Active |
| Postal code | 2018 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1463/00B010 | Flanders | 239 m² | 1 · 219 m² | 17.7 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-05-2026 General meeting · Officer resignation · Officer discharge · Officer appointment
- Filing: 2026-04-15 · Multiworks Belgium
- General meeting: 2026-03-27 · Multiworks Belgium
- Officer resignation: date: 2026-03-27, role: bestuurder · Yildirim Mustafa
- Officer discharge: date: 2026-03-27 · Yildirim Mustafa
- Officer appointment: date: 2026-03-27, role: bestuurder · Judith Sinester
- Seat change: new: Lange Leemstraat 25 bus 9 - 2018 Antwerpen, old: Laarsebaan 88 - 2170 Meksem, date: 2026-03-27 · Multiworks Belgium
- Share transfer: date: 2026-03-27, shares: 100 · Yildirim Mustafa
- Publication: 2026-05-04
- Act object: overname aandelen, wijziging bestuur, wijziging maatschappelijke zetel
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}04-10-2022 Incorporation of a new BV
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MULTIWORKS BELGIUM |