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Multhi

Active
Private limited company·Activiteiten van eetgelegenheden met volledige bediening· 2 yrs active
Boulognestraat(Kok) 7 ·8670 Koksijde, Belgium
KBO/BCE: BE 1003.955.641
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Age2 yrs
Real estate1 parcel · 437 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Multhi is 4.3% (elevated). The 2024 annual accounts show equity of €57k and a net result of €52k. Its solvency ranks better than 58% of 5650 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
4.3% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 04-07-2025 27 d early 2025-00240357

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€52k
Working capital€-47k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 04-07-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 27.4% 19.3%
better than 58% of 5650 sector peers
Net result €52k €4k
better than 91% of 5638 sector peers
Equity €57k €14k
better than 78% of 5662 sector peers
Gross operating margin €499k €52k
better than 95% of 5624 sector peers
Staff costs €396k €49k
higher than 95% of 4088 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€101k
Net profit€52k
Cash flow€83k
Staff costs€396k
Income taxes€16k
Dividends-
Total assets€208k
Equity€57k
Debt€151k
of which ≤ 1y€131k
of which > 1y€12k
Working capital€-47k
Employees (FTE)8.4
Ratios (computed)
2024
Current ratio0.64
Quick ratio0.52
Working capital ratio-22.5%
Solvency27.4%
Debt / equity2.64
Long-term debt ratio0.22
Interest coverage59.53
Gross margin-
Net margin-
ROA25.1%
ROE91.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€208k
Fixed assets 21/28€123k
Intangible fixed assets 21€9k
Tangible fixed assets 22/27€114k
Current assets 29/58€85k
Stocks & contracts in progress 3€16k
Amounts receivable within one year 40/41€16k
Cash & bank 54/58€43k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€208k
Equity 10/15€57k
Contributions / capital 10/11€5k
Reserves 13€52k
Amounts payable 17/49€151k
Amounts payable after one year 17€12k
Amounts payable within one year 42/48€131k
Trade debts payable within one year 44€41k
Income statement
Gross operating margin 9900€499k
Operating result 9901€70k
Financial income 75€25
Financial charges 65€2k
Result before taxes 9903€68k
Income taxes 67/77€16k
Net result for the period 9904€52k
Result to be appropriated 9905€52k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
53 / 100 Fair
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
Restaurant Rosa
Boulognestraat(Kok) 7, 8670 KoksijdeEetgelegenheden met volledige bediening
since 20232.353.536.239
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area437 m²
Buildings1
Building footprint210 m²
Volume (LiDAR)1,567 m³
Tallest building11.6 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38014E0397/00B000 Flanders 437 m² 1 · 210 m² 11.6 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

4 of 5 axes measured
Health53Profitability100Solvency35Growth-Stability67
64 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 53
Profitability 100
Solvency 35
Growth -
Stability 67

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 2,991 of the 20,280 companies in this sector. 2,569 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Catering56210Catering van evenementen56210Cafés en bars56301Cafés en bars56301
Primary activity highlighted.
Names & trade names
Legal nameNL Multhi
Registered office
Boulognestraat(Kok) 7
8670 Koksijde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.