Multenet
ActiveSummary
Multenet has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €-10k. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 24% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-63
Solvency49▼-40
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 2.71 in 2024; short-term debt: 75.6% and cash: 16.3% of total assets), and 75.6% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
24.4%
Return on assets
-3.7%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 17043 sector peers (2025).
NBB · sector comparisonPosition among 17043 sector peers
Solvency
better than 24%
← weakest
strongest →
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 · 8 filingsDeviation from the deadline
2025
23 d early
2024
32 d late
2023
43 d late
2022
21 d late
2021
107 d late
2020
75 d late
2019
29 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€67k▼ 13.0%
2024 · €77k
2018: €23k
2019: €11k
2020: €21k
2021: €44k
2022: €83k
2023: €67k
2024: €77k
2018 → 2025
Total assets
€275k▲ 127%
2024 · €122k
2018: €68k
2019: €64k
2020: €62k
2021: €63k
2022: €134k
2023: €86k
2024: €122k
2018 → 2025
Net result
€-10k
2024 · €10k
2018: €3k
2019: €-12k
2020: €9k
2021: €23k
2022: €39k
2023: €-16k
2024: €10k
2018 → 2025
Working capital
€65k▼ 14.1%
2024 · €75k
2018: €22k
2019: €10k
2020: €18k
2021: €37k
2022: €78k
2023: €64k
2024: €75k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€83k▲ 89.6%€67k▼ 19.2%€77k▲ 14.8%€67k▼ 13.0%
Operating result€27k-€40k▲ 49.4%€2k▼ 96.2%€15k▲ 862%€-14k
Net result€23k-€39k▲ 70.2%€-16k€10k€-10k
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 €14k after €15k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €275k
Fixed assets
€2k ▲ 28.6%
Current assets
€273k ▲ 128%
Equity and liabilities €275k
Equity
€67k ▼ 13.0%
Debt
€208k ▲ 371%
Debt's share of the balance-sheet total rises from 36.3% to 75.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-13k▼
2024 · €18k
Cash flow
€-9k▼
2024 · €13k
Current ratio
1.31▼
2024 · 2.71
Debt to equity
3.09▲
2024 · 0.57
ROE
-14.9%▼
2024 · 12.9%
ROA
-3.7%▼
2024 · 8.2%
Interest coverage
-5.03▼
2024 · 5.79
Debt ≤ 1 year
€208k▲
2024 · €44k
Staff costs
€32k▼
2024 · €35k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€122k€275k▲
Fixed assets21/28€2k€2k▲
Tangible fixed assets22/27€2k€2k▲
Furniture and vehicles24€2k€2k▲
Current assets29/58€120k€273k▲
Amounts receivable within one year40/41€95k€228k▲
Trade receivables40€47k€877▼
Other amounts receivable41€49k€227k▲
Cash at bank and in hand54/58€24k€45k▲
Deferred charges and accrued income490/1-€247
Equity and liabilities
Total equity and liabilities10/49€122k€275k▲
Equity10/15€77k€67k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€57k€47k▼
Amounts payable17/49€44k€208k▲
Amounts payable within one year42/48€44k€208k▲
Trade debts44€23k€189k▲
Suppliers440/4€23k€189k▲
Taxes, remuneration and social security45€8k-
Taxes450/3€7k-
Remuneration and social security454/9€82-
Other amounts payable47/48€14k€19k▲
Income statement
Code20242025
Remuneration, social security and pensions62€35k€32k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€4k€400▼
Gross operating margin9900€56k€20k▼
Operating profit (loss)9901€15k€-14k▼
Financial income75/76B€2k€7k▲
Recurring financial income75€2k€7k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€14k€-10k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€10k€-10k▼
Profit (loss) for the period to be appropriated9905€10k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€57k€47k▼
Profit (loss) brought forward from the previous period14P€47k€57k▲
The notes to these accounts (5 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
2023
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Highest result since 2018net €39k ▲70.2%
Operating result €40k, net result €39k, both a record.
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 107 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 2.95
Current ratio from 1.44 to 2.95; short-term debt falls from €41k to €19k.
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 75 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Overijse · 1 establishment unit since 2018
Ground area
1,484 m²
Building footprint
227 m²
Volume, LiDAR
1,305 m³
Parcel 23062M0070/00T006, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Multenet
since 20182.274.377.311
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23062M0070/00T006 | Flanders | 1,484 m² | 1 · 227 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 2023 · 2 entries · 1,392 EUR awarded · 1,392 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 696 EUR | 696 EUR |
| 2022 | 1 | 696 EUR | 696 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,532 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
62100Computer programming
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.