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SLAGMULDER MULTITECHNICS

Active
Private limited companyfounded 2014active for 12 yearsEdouard Bénèslaan 133, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0555.686.175
Summary

SLAGMULDER MULTITECHNICS has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €355,968 and a net result of €170,908. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 60% of 7,409 sector peers (NACE 43, financial year 2024). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Activity
Plumbing work
NACE 43221Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
1 site
Size
€692,961total assets 2024
Staff
4.8 FTE
Equity
€355,968
Profit
€170,908
Turnover not published (abbreviated or micro format)
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Accounts 79 days overdue1 of 2 deeds read
Why 57raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 28-10-2025)1 financial year not filed after the legal deadline; latest accounts 89 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 1.96, cash €112,389Equity €355,968 (51.4% of total assets)Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 67% of its sector peers (NACE 43, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 76=
equity 51.4% of total assets
Liquidity 47-5
short-term debt 48.0% · cash 16.2%
Profitability 100+34
return on assets 24.7%
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,580 companies, NACE 43, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.6%▼ -0.1 percentage points vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025 09-2025: 1.2%▲ +0.2 percentage points vs 08-2025 10-2025: 2.0%▲ +0.8 percentage points vs 09-2025highest value 11-2025: 0.5%▼ -1.5 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.4%▼ -0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026lowest value 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 1.5%▲ +0.6 percentage points vs 09-2026
Credit of up to €20,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 1.96, compared with 1.89 in 2023, above the usual 1.5; short-term debt: 48% and cash: 16.2% of total assets), and 48.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 56% on solvency, 37% on liquidity, 85% on profitability and 90% on growth.

The bankruptcy probability was computed on 18-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 28-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 89 days late; 1 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 1.96, cash €112,389
NBB · annual accounts
lowers risk · Equity €355,968 (51.4% of total assets)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 79 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline18-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
89 days late
2023
28 days late
2022
26 days early
2021
92 days late
2020
163 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 73 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: SLAGMULDER Nicolas (manager)Reappointment: SLAGMULDER Philippe (director) ·…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Highest result from 2018 to 2024net €170,908 ▲1,363%

Key points

  • Positive: Result rose in 2024from €11,685 to €170,908 ▲ 1,363% View
  • Caution: Accounts not fileddeadline was 31-07-2026 79 days late View
  • Caution: A director leftlatest change 22-01-2026 · 1 in office 1 left View
  • Positive: Among the best 20% on net resultsector median €45,123 · 7,404 companies €170,908 View
  • Positive: 7 profitable years in a rowprofit 2024: €170,908 7 years View

By topic

Financials

Financial year
2024
Total assets
€692,961
Profit
€170,908
Solvency
51.4%
Total assets▲ 90.8%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 31-12-2024Equity above €200,000
  2. 28-08-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Plumbing workNACE 43221
Founded
04-07-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
16
Who signs
Each director alone
Annual meeting
Second Monday of June at 20:00
Purpose
“Leveren, plaatsen, herstellen en onderhouden van centrale verwarming met water, stoom of…” (deed in Dutch)
Go to Articles of association

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