MULTI WINDOWS
ActiveSummary
MULTI WINDOWS has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €27k. Its solvency ranks better than 18% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes
Profitability87
Solvency41
Growth-
Track record67
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.22; short-term debt: 72.4% and cash: 19.5% of total assets), and 84.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
15.7%
Return on assets
14.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 1 filingDeviation from the deadline
2025
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€29k
Total assets
€186k
Net result
€27k
Working capital
€30k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €186k
Fixed assets
€22k
Current assets
€164k
Equity and liabilities €186k
Equity
€29k
Debt
€157k
Debt finances 84.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€38k
Cash flow
€29k
Current ratio
1.22
Quick ratio
0.98
Debt to equity
5.36
ROE
93.2%
ROA
14.7%
Interest coverage
27.41
Debt ≤ 1 year
€135k
Debt > 1 year
€13k
Income taxes
€7k
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k |
| Other operating charges640/8 | €2k |
| Gross operating margin9900 | €39k |
| Operating profit (loss)9901 | €36k |
| Financial income75/76B | €35 |
| Recurring financial income75 | €35 |
| Financial charges65/66B | €1k |
| Recurring financial charges65 | €1k |
| Profit (loss) for the period before taxes9903 | €34k |
| Income taxes67/77 | €7k |
| Profit (loss) for the period9904 | €27k |
| Profit (loss) for the period to be appropriated9905 | €27k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €186k | |
| Fixed assets21/28 | €22k | |
| Tangible fixed assets22/27 | €22k | |
| Plant, machinery and equipment23 | €2k | |
| Furniture and vehicles24 | €20k | |
| Current assets29/58 | €164k | |
| Stocks and contracts in progress3 | €32k | |
| Stocks30/36 | €11k | |
| Contracts in progress37 | €21k | |
| Amounts receivable within one year40/41 | €96k | |
| Trade receivables40 | €74k | |
| Other amounts receivable41 | €22k | |
| Cash at bank and in hand54/58 | €36k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €186k | |
| Equity10/15 | €29k | |
| Contributions10/11 | €2k | |
| Reserves13 | €27k | |
| Distributable reserves133 | €27k | |
| Profit (loss) carried forward14 | €246 | |
| Amounts payable17/49 | €157k | |
| Amounts payable after more than one year17 | €13k | |
| Financial debts170/4 | €13k | |
| Amounts payable within one year42/48 | €135k | |
| Current portion of amounts payable after more than one year42 | €8k | |
| Financial debts43 | €50k | |
| Credit institutions430/8 | €50k | |
| Trade debts44 | €53k | |
| Suppliers440/4 | €53k | |
| Taxes, remuneration and social security45 | €23k | |
| Taxes450/3 | €23k | |
| Other amounts payable47/48 | €548 | |
| Accrued charges and deferred income492/3 | €9k | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €27k |
| + Depreciation and write-downs630 | €2k |
| Operating cash flow (approximation) | €29k |
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
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
31-07
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 12/01/2026
- Registered-office move, Schatting 20A, 8210 Zedelgem
State Gazette actNBB filing
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zedelgem · 1 establishment unit since 2024
Ground area
1,815 m²
Building footprint
291 m²
Parcel 31040D0568/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
MULTI WINDOWS
since 20242.365.717.756
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040D0568/00D000 | Flanders | 1,815 m² | 1 · 291 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Of 20,028 companies in sector 43320 we hold annual accounts for 9,133. 6,755 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
25510Coating of metals
25530Machining of metals
Scores and ratios are computed by Checked and are not a credit decision.