FPS - Multiproducts
ActiveSummary
FPS - Multiproducts has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.07M and a net result of €528k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 57% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-10
Solvency75▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €360k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 3.18 in 2024; short-term debt: 35.1% and cash: 1.5% of total assets), and 49.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.5%
Return on assets
5.2%
Age of the figures
18 mo
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-09-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
13 d early
2023
36 d early
2022
7 d early
2021
10 d early
2020
1 d early
2019
72 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.07M▲ 11.6%
2024 · €4.55M
2019: €4.45Mlowest in 7 years
2020: €4.70M▲ +5.6% vs 2019
2021: €4.88M▲ +3.8% vs 2020
2022: €5.03M▲ +3.1% vs 2021
2023: €4.70M▼ -6.6% vs 2022
2024: €4.55M▼ -3.2% vs 2023
2025: €5.07M▲ +11.6% vs 2024highest in 7 years
2019 → 2025
Total assets
€10.05M▲ 22.9%
2024 · €8.18M
2019: €8.61M
2020: €7.51M▼ -12.7% vs 2019
2021: €6.87M▼ -8.6% vs 2020lowest in 7 years
2022: €11.12M▲ +62.0% vs 2021highest in 7 years
2023: €9.72M▼ -12.6% vs 2022
2024: €8.18M▼ -15.8% vs 2023
2025: €10.05M▲ +22.9% vs 2024
2019 → 2025
Net result
€528k▼ 49.8%
2024 · €1.05M
2019: €1.21M
2020: €1.25M▲ +3.4% vs 2019
2021: €1.38M▲ +10.3% vs 2020
2022: €1.55M▲ +12.5% vs 2021
2023: €1.57M▲ +1.0% vs 2022highest in 7 years
2024: €1.05M▼ -32.9% vs 2023
2025: €528k▼ -49.8% vs 2024lowest in 7 years
2019 → 2025
Working capital
€4.84M▲ 7.0%
2024 · €4.52M
2019: €5.12M
2020: €3.72M▼ -27.3% vs 2019lowest in 7 years
2021: €4.49M▲ +20.7% vs 2020
2022: €5.44M▲ +21.0% vs 2021highest in 7 years
2023: €4.94M▼ -9.1% vs 2022
2024: €4.52M▼ -8.5% vs 2023
2025: €4.84M▲ +7.0% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.88M-€5.03M▲ 3.1%€4.70M▼ 6.6%€4.55M▼ 3.2%€5.07M▲ 11.6%
2021: €4.88M
2022: €5.03M▲ +3.1% vs 2021
2023: €4.70M▼ -6.6% vs 2022
2024: €4.55M▼ -3.2% vs 2023lowest in 5 years
2025: €5.07M▲ +11.6% vs 2024highest in 5 years
Operating result€1.71M-€2.07M▲ 21.0%€2.18M▲ 5.8%€1.54M▼ 29.7%€799k▼ 48.0%
2021: €1.71M
2022: €2.07M▲ +21.0% vs 2021
2023: €2.18M▲ +5.8% vs 2022highest in 5 years
2024: €1.54M▼ -29.7% vs 2023
2025: €799k▼ -48.0% vs 2024lowest in 5 years
Net result€1.38M-€1.55M▲ 12.5%€1.57M▲ 1.0%€1.05M▼ 32.9%€528k▼ 49.8%
2021: €1.38M
2022: €1.55M▲ +12.5% vs 2021
2023: €1.57M▲ +1.0% vs 2022highest in 5 years
2024: €1.05M▼ -32.9% vs 2023
2025: €528k▼ -49.8% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 48% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.05M
Fixed assets
€1.69M ▲ 6.3%
Current assets
€8.36M ▲ 26.9%
Equity and liabilities €10.05M
Equity
€5.07M ▲ 11.6%
Debt
€4.98M ▲ 37.0%
Debt's share of the balance-sheet total rises from 44.4% to 49.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.20M▼
2024 · €1.87M
Cash flow
€924k▼
2024 · €1.38M
Current ratio
2.37▼
2024 · 3.18
Quick ratio
0.97▼
2024 · 1.21
Debt to equity
0.98▲
2024 · 0.80
ROE
10.4%▼
2024 · 23.1%
ROA
5.2%▼
2024 · 12.8%
Interest coverage
11.32▼
2024 · 17.10
Debt ≤ 1 year
€3.52M▲
2024 · €2.07M
Debt > 1 year
€1.44M▼
2024 · €1.57M
Income taxes
€241k▼
2024 · €416k
Staff costs
€732k▼
2024 · €802k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.18M€10.05M▲
Fixed assets21/28€1.59M€1.69M▲
Intangible fixed assets21€1.19M€1.02M▼
Tangible fixed assets22/27€403k€669k▲
Plant, machinery and equipment23€345k€569k▲
Furniture and vehicles24€58k€100k▲
Financial fixed assets28€2k€0▼
Current assets29/58€6.59M€8.36M▲
Stocks and contracts in progress3€4.09M€4.94M▲
Stocks30/36€4.09M€4.94M▲
Amounts receivable within one year40/41€2.14M€3.27M▲
Trade receivables40€2.14M€2.14M▼
Other amounts receivable41-€1.13M
Cash at bank and in hand54/58€312k€148k▼
Deferred charges and accrued income490/1€51k€3k▼
Equity and liabilities
Total equity and liabilities10/49€8.18M€10.05M▲
Equity10/15€4.55M€5.07M▲
Contributions10/11€152k€152k=
Capital10€152k€152k=
Issued capital100€152k€152k=
Reserves13€253k€253k=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Tax-exempt reserves132€238k€238k=
Profit (loss) carried forward14€4.14M€4.67M▲
Amounts payable17/49€3.64M€4.98M▲
Amounts payable after more than one year17€1.57M€1.44M▼
Financial debts170/4€1.57M€1.44M▼
Amounts payable within one year42/48€2.07M€3.52M▲
Current portion of amounts payable after more than one year42€441k€486k▲
Financial debts43€500k€2.00M▲
Credit institutions430/8€500k€2.00M▲
Trade debts44€740k€746k▲
Suppliers440/4€740k€746k▲
Taxes, remuneration and social security45€339k€293k▼
Taxes450/3€178k€146k▼
Remuneration and social security454/9€161k€146k▼
Other amounts payable47/48€50k€0▼
Accrued charges and deferred income492/3-€19k
Income statement
Code20242025
Non-recurring operating income76A€7k€0▼
Remuneration, social security and pensions62€802k€732k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€333k€396k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-6k€0▲
Other operating charges640/8€9k€4k▼
Gross operating margin9900€2.67M€1.93M▼
Operating profit (loss)9901€1.54M€799k▼
Financial income75/76B€40k€75k▲
Recurring financial income75€40k€75k▲
Financial charges65/66B€109k€106k▼
Recurring financial charges65€109k€106k▼
Profit (loss) for the period before taxes9903€1.47M€768k▼
Income taxes67/77€416k€241k▼
Profit (loss) for the period9904€1.05M€528k▼
Transfer to tax-exempt reserves689€211k€0▼
Profit (loss) for the period to be appropriated9905€840k€528k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5.34M€4.67M▼
Profit (loss) brought forward from the previous period14P€4.50M€4.14M▼
Profit to be distributed694/7€1.20M€0▼
Return on contributions (dividend)694€1.20M€0▼
Social balance
Average headcount (FTE)908711.411.4=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | €7k | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €652k | €673k | €802k | €732k | ▼ 8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €696k | €283k | €339k | €333k | €396k | ▲ 19.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-11k | €0 | €-6k | €0 | ▲ 100% |
| Other operating charges640/8 | - | €49k | €31k | €9k | €4k | ▼ 48.2% |
| Non-recurring operating charges66A | - | €135k | €0 | - | - | - |
| Gross operating margin9900 | €2.78M | €3.17M | €3.23M | €2.67M | €1.93M | ▼ 27.8% |
| Operating profit (loss)9901 | €1.71M | €2.07M | €2.18M | €1.54M | €799k | ▼ 48.0% |
| Financial income75/76B | - | €91k | €74k | €40k | €75k | ▲ 88.7% |
| Recurring financial income75 | €179k | €91k | €74k | €40k | €75k | ▲ 88.7% |
| Financial charges65/66B | - | €38k | €84k | €109k | €106k | ▼ 3.3% |
| Recurring financial charges65 | €34k | €38k | €84k | €109k | €106k | ▼ 3.3% |
| Profit (loss) for the period before taxes9903 | €1.85M | €2.12M | €2.17M | €1.47M | €768k | ▼ 47.6% |
| Income taxes67/77 | €476k | €569k | €609k | €416k | €241k | ▼ 42.2% |
| Profit (loss) for the period9904 | €1.38M | €1.55M | €1.57M | €1.05M | €528k | ▼ 49.8% |
| Transfer from tax-exempt reserves789 | - | €31k | €0 | - | - | - |
| Transfer to tax-exempt reserves689 | - | €59k | €0 | €211k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €1.38M | €1.52M | €1.57M | €840k | €528k | ▼ 37.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.87M | €11.12M | €9.72M | €8.18M | €10.05M | ▲ 22.9% |
| Fixed assets21/28 | €574k | €2.04M | €1.76M | €1.59M | €1.69M | ▲ 6.3% |
| Intangible fixed assets21 | €0 | €1.52M | €1.35M | €1.19M | €1.02M | ▼ 13.8% |
| Tangible fixed assets22/27 | €574k | €515k | €408k | €403k | €669k | ▲ 66.2% |
| Land and buildings22 | - | €0 | - | - | - | - |
| Plant, machinery and equipment23 | - | €436k | €349k | €345k | €569k | ▲ 65.0% |
| Furniture and vehicles24 | - | €80k | €59k | €58k | €100k | ▲ 73.4% |
| Financial fixed assets28 | - | €8k | €2k | €2k | €0 | ▼ 100% |
| Current assets29/58 | €6.29M | €9.08M | €7.96M | €6.59M | €8.36M | ▲ 26.9% |
| Stocks and contracts in progress3 | €3.85M | €4.36M | €5.21M | €4.09M | €4.94M | ▲ 20.9% |
| Stocks30/36 | - | €4.36M | €5.21M | €4.09M | €4.94M | ▲ 20.9% |
| Amounts receivable within one year40/41 | €1.73M | €2.94M | €2.09M | €2.14M | €3.27M | ▲ 52.8% |
| Trade receivables40 | - | €2.90M | €2.09M | €2.14M | €2.14M | ▼ 0.1% |
| Other amounts receivable41 | - | €37k | €0 | - | €1.13M | - |
| Cash at bank and in hand54/58 | €704k | €1.78M | €655k | €312k | €148k | ▼ 52.5% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €51k | €3k | ▼ 94.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.87M | €11.12M | €9.72M | €8.18M | €10.05M | ▲ 22.9% |
| Equity10/15 | €4.88M | €5.03M | €4.70M | €4.55M | €5.07M | ▲ 11.6% |
| Contributions10/11 | €152k | €152k | €152k | €152k | €152k | = |
| Capital10 | - | €152k | €152k | €152k | €152k | = |
| Issued capital100 | - | €152k | €152k | €152k | €152k | = |
| Reserves13 | €15k | €43k | €43k | €253k | €253k | = |
| Non-distributable reserves130/1 | - | €15k | €15k | €15k | €15k | = |
| Legal reserve130 | - | €15k | €15k | €15k | €15k | = |
| Tax-exempt reserves132 | - | €28k | €28k | €238k | €238k | = |
| Profit (loss) carried forward14 | €4.71M | €4.83M | €4.50M | €4.14M | €4.67M | ▲ 12.7% |
| Amounts payable17/49 | €1.99M | €6.09M | €5.03M | €3.64M | €4.98M | ▲ 37.0% |
| Amounts payable after more than one year17 | €187k | €2.45M | €2.01M | €1.57M | €1.44M | ▼ 8.2% |
| Financial debts170/4 | - | €2.45M | €2.01M | €1.57M | €1.44M | ▼ 8.2% |
| Amounts payable within one year42/48 | €1.80M | €3.65M | €3.02M | €2.07M | €3.52M | ▲ 70.2% |
| Current portion of amounts payable after more than one year42 | - | €440k | €440k | €441k | €486k | ▲ 10.3% |
| Financial debts43 | - | €1.40M | €1.50M | €500k | €2.00M | ▲ 300% |
| Credit institutions430/8 | - | €1.40M | €1.50M | €500k | €2.00M | ▲ 300% |
| Trade debts44 | €900k | €1.52M | €687k | €740k | €746k | ▲ 0.7% |
| Suppliers440/4 | - | €1.52M | €687k | €740k | €746k | ▲ 0.7% |
| Taxes, remuneration and social security45 | - | €285k | €393k | €339k | €293k | ▼ 13.7% |
| Taxes450/3 | - | €150k | €255k | €178k | €146k | ▼ 17.9% |
| Remuneration and social security454/9 | - | €135k | €137k | €161k | €146k | ▼ 9.0% |
| Other amounts payable47/48 | - | - | - | €50k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | - | €19k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.38M | €1.55M | €1.57M | €1.05M | €528k | ▼ 49.8% |
| + Depreciation and write-downs630 | €696k | €283k | €339k | €333k | €396k | ▲ 19.1% |
| Operating cash flow (approximation) | €2.07M | €1.83M | €1.91M | €1.38M | €924k | ▼ 33.2% |
| Investment in fixed assets (approximation) | - | €-1.75M | €-62k | €-164k | €-497k | ▼ 204% |
| Change in cash | - | €1.07M | €-1.12M | €-343k | €-164k | ▲ 52.3% |
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
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €528k ▼49.8%
Net result drops to €528k, the lowest in the series.
31-03
Financial
Equity above €5MEq €5.07M ▲11.6%
7 profitable years in a row build equity to €5.07M.
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €1.57M ▲1%
Operating result €2.18M, net result €1.57M, both a record.
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €5MEq €5.03M ▲3.1%
4 profitable years in a row build equity to €5.03M.
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Waregem · 1 establishment unit since 2014
Ground area
6.8 ha
Building footprint
3.1 ha
Volume, LiDAR
231,423 m³
2 parcels, Flanders · tallest building 36.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FPS-MULTIPRODUCTS N.V.
since 20142.239.072.180
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0124/00D002 | Flanders | 3.8 ha | 1 · 1.3 ha | 13.2 m · 2 fl. |
| 34035A0461/00D002 | Flanders | 3.0 ha | 1 · 1.8 ha | 36.8 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 22,006 EUR awarded · 26,483 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 1,103 EUR |
| 2024 | 1 | 3,000 EUR | 3,535 EUR |
| 2023 | 2 | 11,506 EUR | 14,345 EUR |
| 2022 | 1 | 7,500 EUR | 7,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaregem2.239.072.180
Legal Entity Identifier
967600N8BXW6YG8L3C25
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Of 192 companies in sector 46421 we hold annual accounts for 129. 47 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded06-03-1991
Fiscal year end31-03
Activities, NACEBEL 2025
46421Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.