MULTI-G
ActiveSummary
MULTI-G has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.81M and a net result of €438k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 54% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-20
Solvency66▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.34 in 2024; short-term debt: 57% and cash: 5.2% of total assets), but 58.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
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 →
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
41.3%
Return on assets
10%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
17 d early
2023
71 d late
2022
13 d early
2021
19 d late
2020
89 d late
2019
31 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€6.65M
EBIT margin
1.1%
Net result
€438k▼ 19.8%
2024 · €546k
2018: €25k
2019: €56k
2020: €442k
2021: €129k
2022: €65k
2023: €21k
2024: €546k
2018 → 2025
Working capital
€1.66M▲ 30.3%
2024 · €1.28M
2018: €216k
2019: €130k
2020: €579k
2021: €723k
2022: €789k
2023: €693k
2024: €1.28M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€6.65M
Equity€948k-€1.01M▲ 6.8%€884k▼ 12.8%€1.43M▲ 61.6%€1.81M▲ 26.8%
Operating result€254k-€274k▲ 8.0%€72k▼ 73.7%€1.06M▲ 1,372%€627k▼ 40.9%
Net result€129k-€65k▼ 49.8%€21k▼ 68.2%€546k▲ 2,552%€438k▼ 19.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.38M
Fixed assets
€221k ▲ 18.3%
Current assets
€4.16M ▼ 17.5%
Equity and liabilities €4.38M
Equity
€1.81M ▲ 26.8%
Debt
€2.57M ▼ 32.4%
Debt's share of the balance-sheet total falls from 72.7% to 58.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€681k▼
2024 · €1.11M
Cash flow
€492k▼
2024 · €592k
Current ratio
1.67▲
2024 · 1.34
Quick ratio
1.56▲
2024 · 1.31
Debt to equity
1.42▼
2024 · 2.66
ROE
24.2%▼
2024 · 38.2%
ROA
10.0%▼
2024 · 10.4%
Interest coverage
2.76▼
2024 · 5.04
Debt ≤ 1 year
€2.50M▼
2024 · €3.76M
Debt > 1 year
€73k▲
2024 · €34k
Income taxes
€205k▼
2024 · €324k
Staff costs
€358k▲
2024 · €325k
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 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.23M€4.38M▼
Fixed assets21/28€186k€221k▲
Intangible fixed assets21€22k€15k▼
Tangible fixed assets22/27€152k€193k▲
Land and buildings22€120k€92k▼
Plant, machinery and equipment23€9k€3k▼
Furniture and vehicles24€23k€32k▲
Leasing and similar rights25-€66k
Financial fixed assets28€12k€12k=
Current assets29/58€5.04M€4.16M▼
Amounts receivable after more than one year29€450k€402k▼
Other amounts receivable291€450k€402k▼
Stocks and contracts in progress3€109k€273k▲
Stocks30/36€109k€273k▲
Amounts receivable within one year40/41€4.28M€3.25M▼
Trade receivables40€4.27M€3.12M▼
Other amounts receivable41€8k€130k▲
Cash at bank and in hand54/58€196k€228k▲
Deferred charges and accrued income490/1€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€5.23M€4.38M▼
Equity10/15€1.43M€1.81M▲
Contributions10/11€19k€19k=
Reserves13€1.40M€1.78M▲
Distributable reserves133€1.40M€1.78M▲
Profit (loss) carried forward14€11k€11k=
Amounts payable17/49€3.80M€2.57M▼
Amounts payable after more than one year17€34k€73k▲
Financial debts170/4€34k€73k▲
Amounts payable within one year42/48€3.76M€2.50M▼
Current portion of amounts payable after more than one year42€1.31M€886k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€2.07M€1.21M▼
Suppliers440/4€2.07M€1.21M▼
Taxes, remuneration and social security45€245k€286k▲
Taxes450/3€200k€234k▲
Remuneration and social security454/9€45k€52k▲
Other amounts payable47/48€144k€116k▼
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€325k€358k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€54k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-39k€0▲
Other operating charges640/8€192k€68k▼
Non-recurring operating charges66A€0€13k▲
Gross operating margin9900€1.58M€1.12M▼
Operating profit (loss)9901€1.06M€627k▼
Financial income75/76B€29k€263k▲
Recurring financial income75€29k€263k▲
Financial charges65/66B€219k€246k▲
Recurring financial charges65€219k€246k▲
Profit (loss) for the period before taxes9903€870k€643k▼
Income taxes67/77€324k€205k▼
Profit (loss) for the period9904€546k€438k▼
Profit (loss) for the period to be appropriated9905€546k€438k▼
Appropriation of the result
Profit (loss) to be appropriated9906€642k€449k▼
Profit (loss) brought forward from the previous period14P€96k€11k▼
Transfer from equity791/2€56k€55k▼
Transfer to equity691/2€546k€438k▼
To other reserves6921€546k€438k▼
Profit to be distributed694/7€141k€55k▼
Return on contributions (dividend)694€141k€55k▼
Social balance
Average headcount (FTE)90873.72.1▼
The notes to these accounts (22 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €546k ▲2552%
Operating result €1.06M, net result €546k, both a record.
31-12
Financial
Equity above €1MEq €1.43M ▲61.6%
7 profitable years in a row build equity to €1.43M.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 71 days late
2023
31-12
Financial
Weakest financial yearnet €21k ▼68.2%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.01M ▲6.8%
5 profitable years in a row build equity to €1.01M.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Equity above €500kEq €819k ▲117%
3 profitable years in a row build equity to €819k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
Show earlier events
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 6 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 1990
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.
Lange Leemstraat 1662018 AntwerpenGround area
244 m²
Building footprint
98 m²
Volume, LiDAR
836 m³
Parcel 11806F1340/00X010, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MULTI-G
since 19902.052.677.277
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1340/00X010 | Flanders | 244 m² | 1 · 98 m² | 11.0 m · 3 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
2024 · 1 entry · 1,695 EUR awarded · 1,695 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,695 EUR | 1,695 EUR |
Schemes
Subsidies voor internationaal ondernemen
Recognitions · licences · registrations
Legal Entity Identifier
549300Z4Q5YJXXZ0OU56
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Of 1,070 companies in sector 47741 we hold annual accounts for 644. 311 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
Founded13-06-1990
Fiscal year end31-12
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.