MULTIBIS
ActiveMULTIBIS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156k and a net result of €24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 4149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-5
Solvency34▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.81 against 0.75 in 2024; short-term debt: 54.9% and cash: 3.5% of total assets), and 90.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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
9.2%
Return on assets
1.4%
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 20% of 4149 sector peers (2025).
NBB · sector comparisonPosition among 4149 sector peers
Solvency
better than 20%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €156k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
7 d late
2022
28 d late
2021
25 d late
2020
17 d late
2019
91 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24k▼ 50.5%
2024 · €48k
2018: €26k
2019: €65k
2020: €131k
2021: €6k
2022: €40k
2023: €-113k
2024: €48k
2018 → 2025
Working capital
€-175k▲ 23.6%
2024 · €-230k
2018: €18k
2019: €86k
2020: €233k
2021: €228k
2022: €-90k
2023: €-313k
2024: €-230k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€252k-€291k▲ 15.7%€84k▼ 71.3%€132k▲ 57.7%€156k▲ 18.1%
Operating result€22k-€74k▲ 233%€-51k€104k€78k▼ 24.7%
Net result€6k-€40k▲ 517%€-113k€48k€24k▼ 50.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.69M
Fixed assets
€936k▼ 11.0%
Current assets
€750k▲ 10.1%
Equity and liabilities €1.69M
Equity
€156k▲ 18.1%
Debt
€1.53M▼ 4.4%
The debt ratio falls from 92.4% to 90.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€217k▼
2024 · €245k
Cash flow
€163k▼
2024 · €189k
Solvency
9.2%▲
2024 · 7.6%
Current ratio
0.81▲
2024 · 0.75
Quick ratio
0.37▲
2024 · 0.36
Debt / equity
9.82▼
2024 · 12.13
ROE
15.3%▼
2024 · 36.6%
ROA
1.4%▼
2024 · 2.8%
Interest coverage
3.79▼
2024 · 4.22
Debt
€1.53M▼
2024 · €1.60M
Debt ≤ 1 year
€926k▲
2024 · €911k
Debt > 1 year
€605k▼
2024 · €690k
Income taxes
€102▼
2024 · €103
Staff costs
€723k▲
2024 · €594k
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€1.73M€1.69M▼
Fixed assets21/28€1.05M€936k▼
Tangible fixed assets22/27€1.05M€931k▼
Plant, machinery and equipment23€334k€303k▼
Furniture and vehicles24€27k€4k▼
Leasing and similar rights25€111€21k▲
Other tangible fixed assets26€686k€604k▼
Financial fixed assets28€5k€5k=
Current assets29/58€682k€750k▲
Stocks and contracts in progress3€356k€406k▲
Stocks30/36€356k€406k▲
Amounts receivable within one year40/41€270k€284k▲
Trade receivables40€80k€154k▲
Other amounts receivable41€190k€131k▼
Cash at bank and in hand54/58€54k€59k▲
Deferred charges and accrued income490/1€2k€846▼
Equity and liabilities
Total equity and liabilities10/49€1.73M€1.69M▼
Equity10/15€132k€156k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€135k€94k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€23k€23k=
Distributable reserves133€105k€65k▼
Profit (loss) carried forward14€-64k-
Amounts payable17/49€1.60M€1.53M▼
Amounts payable after more than one year17€690k€605k▼
Financial debts170/4€690k€605k▼
Amounts payable within one year42/48€911k€926k▲
Current portion of amounts payable after more than one year42€101k€133k▲
Financial debts43€50k€50k=
Other loans439€50k€50k=
Trade debts44€556k€608k▲
Suppliers440/4€556k€608k▲
Taxes, remuneration and social security45€99k€96k▼
Taxes450/3€3k€4k▲
Remuneration and social security454/9€97k€92k▼
Other amounts payable47/48€105k€39k▼
Income statement
Code20242025
Remuneration, social security and pensions62€594k€723k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€141k€139k▼
Other operating charges640/8€28k€25k▼
Non-recurring operating charges66A€8k€7k▼
Gross operating margin9900€875k€972k▲
Operating profit (loss)9901€104k€78k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€58k€57k▼
Recurring financial charges65€58k€57k▼
Profit (loss) for the period before taxes9903€48k€24k▼
Income taxes67/77€103€102▼
Profit (loss) for the period9904€48k€24k▼
Profit (loss) for the period to be appropriated9905€48k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-64k€-41k▲
Profit (loss) brought forward from the previous period14P€-113k€-64k▲
Transfer from equity791/2-€41k
Social balance
Average headcount (FTE)908721.029.0▲
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Equity above €150kEq €156k ▲18.1%
2 profitable years in a row build equity to €156k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
31-12
Financial
Equity above €100kEq €132k ▲57.7%
Equity rises from €84k to €132k.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
2023
31-12
Financial
Weakest financial yearnet €-113k ▼385%
Net result drops to €-113k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
31-12
Financial
Highest result since 2018net €131k ▲102%
Operating result €195k, net result €131k, both a record.
31-12
Financial
Equity above €200kEq €245k ▲92.3%
3 profitable years in a row build equity to €245k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial
Equity above €100kEq €128k ▲104%
2 profitable years in a row build equity to €128k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Genk · 1 establishment unit since 1996
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.
Zonhoverweg 43600 GenkGround area
6,139 m²
Building footprint
1,927 m²
Volume, LiDAR
10,309 m³
Parcel 71307H0002/00D159, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Spar Winterslag
since 19962.076.191.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71307H0002/00D159 | Flanders | 6,138 m² | 1 · 1,927 m² | 6.2 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 2025 · 4 entries · 42,800 EUR awarded · 42,800 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,902 EUR | 4,902 EUR |
| 2023 | 1 | 0 EUR | 23,369 EUR |
| 2022 | 2 | 37,898 EUR | 14,529 EUR |
Schemes
Ecologiepremie+
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Recognitions · licences · registrations
Food safety, FASFC
1 siteGenk2.076.191.661
Dual-learning approval
11 endedSimilar companies · same sector, comparable size
ArtCrush
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BE 0447.168.119
Puurs-Sint-Amands · Eq €156k
SENTEX
BE 0432.021.964
Schaarbeek · Eq €156k
Targa Trading
BE 1022.123.939
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WEBTRON
BE 0793.944.703
Waregem · Eq €156k
Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 1,448 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-03-1996
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
47120Other non-specialised retail sale
47192Retail trade
52114
52121
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationOrdinary general meeting
Verslag bestuurders. Goedkeuring jaarrekening. Aanwending resultaat. Ontlasting bestuurders.