MULTANI & CO
ActiveThe computed 12-month bankruptcy probability of MULTANI & CO is 2.6% (moderate). The 2025 annual accounts show equity of €49k and a net result of €-25k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 17638 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency75▼-19
Growth52▼-26
Stability94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 1.63 against 1.9 in 2024), but 60% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
40%
Return on assets
-20.2%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 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 · 3 filingsDeviation from the deadline
2025
32 d late
2024
29 d early
2023
110 d late
← before the deadline
after the deadline →
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
08-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€49k▼ 33.6%
2024 · €74k
2023: €38k
2024: €74k
2023 → 2025
Total assets
€123k▼ 13.8%
2024 · €143k
2023: €129k
2024: €143k
2023 → 2025
Net result
€-25k
2024 · €37k
2023: €28k
2024: €37k
2023 → 2025
Working capital
€33k▼ 46.1%
2024 · €62k
2023: €19k
2024: €62k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€38k-€74k▲ 97.1%€49k▼ 33.6%
Operating result€36k-€56k▲ 53.0%€-8k
Net result€28k-€37k▲ 32.2%€-25k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €56k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €123k
Fixed assets
€37k▲ 200%
Current assets
€86k▼ 34.1%
Equity and liabilities €123k
Equity
€49k▼ 33.6%
Debt
€74k▲ 7.4%
The debt ratio rises from 48.1% to 60.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€2k▼
2024 · €62k
Cash flow
€-15k▼
2024 · €42k
Solvency
40.0%▼
2024 · 51.9%
Current ratio
1.63▼
2024 · 1.90
Quick ratio
0.87▼
2024 · 1.41
Debt / equity
1.50▲
2024 · 0.93
ROE
-50.5%▼
2024 · 49.3%
ROA
-20.2%▼
2024 · 25.6%
Interest coverage
0.11▼
2024 · 6.93
Debt
€74k▲
2024 · €69k
Debt ≤ 1 year
€53k▼
2024 · €69k
Debt > 1 year
€21k
Staff costs
€23k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€143k€123k▼
Fixed assets21/28€12k€37k▲
Tangible fixed assets22/27€12k€37k▲
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€11k€36k▲
Financial fixed assets28-€284
Current assets29/58€131k€86k▼
Stocks and contracts in progress3€33k€40k▲
Stocks30/36€33k€40k▲
Amounts receivable within one year40/41€15k€30k▲
Other amounts receivable41€15k€30k▲
Cash at bank and in hand54/58€83k€15k▼
Deferred charges and accrued income490/1-€468
Equity and liabilities
Total equity and liabilities10/49€143k€123k▼
Equity10/15€74k€49k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€64k€39k▼
Amounts payable17/49€69k€74k▲
Amounts payable after more than one year17-€21k
Financial debts170/4-€21k
Amounts payable within one year42/48€69k€53k▼
Current portion of amounts payable after more than one year42-€3k
Trade debts44€39k€28k▼
Suppliers440/4€39k€28k▼
Taxes, remuneration and social security45€19k€20k▲
Taxes450/3€18k€14k▼
Remuneration and social security454/9€600€6k▲
Other amounts payable47/48€11k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€23k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€471€4k▲
Gross operating margin9900€62k€29k▼
Operating profit (loss)9901€56k€-8k▼
Financial charges65/66B€9k€17k▲
Recurring financial charges65€9k€17k▲
Profit (loss) for the period before taxes9903€47k€-25k▼
Income taxes67/77€10k-
Profit (loss) for the period9904€37k€-25k▼
Profit (loss) for the period to be appropriated9905€37k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€39k▼
Profit (loss) brought forward from the previous period14P€28k€64k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 32 days late
2025
31-12
Financial
Weakest financial yearnet €-25k ▼168%
Net result drops to €-25k, the lowest in the series.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €37k ▲32.2%
Operating result €56k, net result €37k, both a record.
18-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 110 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Péruwelz · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Place Jean Absil(B.S.) 117603 PéruwelzGround area
871 m²
Building footprint
851 m²
Volume, LiDAR
17,442 m³
Parcel 57011E1431/00A000, Wallonia · tallest building 42.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Place Jean Absil(B.S.) 11, 7603 Péruwelz
since 20232.343.051.628
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57011E1431/00A000indicative ProtectedMonument |
Wallonia | 871 m² | 1 · 851 m² | 42.4 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 10,397 companies in sector 47110 we hold annual accounts for 5,778. 4,575 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2023
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
47252Retail sale of beverages, general range
47260Retail trade
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.