MULTIDISCI
ActiveMULTIDISCI has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €91k and a net result of €4k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 4829 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability24▼-62
Solvency37▲+7
Growth60=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.04 in 2023), and 69.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
30.4%
Return on assets
1.4%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
21 d early
2022
20 d early
2021
16 d early
2020
13 d early
2019
15 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€71k▲ 20.8%
2022 · €59k
2018: €82k
2019: €69k
2020: €47k
2021: €49k
2022: €59k
2018 → 2023
EBIT margin
31.2%▲ 11.3pp
2022 · 19.9%
2018: 19.1%
2019: 21.2%
2020: 32.4%
2021: 20.0%
2022: 19.9%
2018 → 2023
Net result
€4k▼ 58.6%
2023 · €10k
2018: €2k
2019: €2k
2020: €3k
2021: €833
2022: €1k
2023: €10k
2018 → 2024
Working capital
€-147k▼ 3.2%
2023 · €-142k
2018: €-116k
2019: €-118k
2020: €-137k
2021: €-142k
2022: €-145k
2023: €-142k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€47k-€49k▲ 3.4%€59k▲ 20.8%€71k▲ 20.8%
Equity€75k-€76k▲ 1.1%€77k▲ 1.8%€87k▲ 12.6%€91k▲ 5.0%
Operating result€15k-€10k▼ 36.1%€12k▲ 20.2%€22k▲ 89.0%€13k▼ 40.7%
Net result€3k-€833▼ 74.5%€1k▲ 65.7%€10k▲ 657%€4k▼ 58.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €301k
Fixed assets
€296k▼ 6.5%
Current assets
€5k▼ 11.9%
Equity and liabilities €301k
Equity
€91k▲ 5.0%
Debt
€209k▼ 10.9%
The debt ratio falls from 73.0% to 69.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€34k▼
2023 · €43k
Cash flow
€25k▼
2023 · €31k
Solvency
30.4%▲
2023 · 27.0%
Current ratio
0.03▼
2023 · 0.04
Quick ratio
0.03▼
2023 · 0.04
Debt / equity
2.29▼
2023 · 2.70
ROE
4.7%▼
2023 · 12.0%
ROA
1.4%▼
2023 · 3.2%
Interest coverage
5.30▲
2023 · 5.15
Debt
€209k▼
2023 · €235k
Debt ≤ 1 year
€152k▲
2023 · €148k
Debt > 1 year
€58k▼
2023 · €87k
Income taxes
€2k▼
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€322k€301k▼
Fixed assets21/28€316k€296k▼
Tangible fixed assets22/27€316k€296k▼
Land and buildings22€293k€278k▼
Plant, machinery and equipment23€24k€18k▼
Current assets29/58€6k€5k▼
Amounts receivable within one year40/41€4k€4k=
Trade receivables40€4k€4k=
Cash at bank and in hand54/58€930€1k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€322k€301k▼
Equity10/15€87k€91k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2k€2k▲
Non-distributable reserves130/1€2k€2k▲
Legal reserve130€2k€2k▲
Profit (loss) carried forward14€23k€27k▲
Amounts payable17/49€235k€209k▼
Amounts payable after more than one year17€87k€58k▼
Financial debts170/4€87k€58k▼
Amounts payable within one year42/48€148k€152k▲
Current portion of amounts payable after more than one year42€52k€55k▲
Trade debts44€5k€9k▲
Suppliers440/4€5k€9k▲
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€4k€8k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€83k€80k▼
Income statement
Code20232024
Turnover70€71k-
Goods, raw materials, services and sundry goods60/61€12k€8k▼
Remuneration, social security and pensions62€13k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▲
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A-€170
Gross operating margin9900€59k€37k▼
Operating profit (loss)9901€22k€13k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Non-recurring financial charges66B-€6k
Profit (loss) for the period before taxes9903€14k€7k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€10k€4k▼
Profit (loss) for the period to be appropriated9905€10k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€28k▲
Profit (loss) brought forward from the previous period14P€13k€23k▲
Transfer to equity691/2-€216
To the legal reserve6920-€216
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €10k ▲657%
Operating result €22k, net result €10k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €833 ▼74.5%
Net result drops to €833, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Watermaal-Bosvoorde · 1 establishment unit since 2026
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.
Théophile Vander Elststraat 51170 Watermaal-BosvoordeGround area
70 m²
Building footprint
63 m²
Volume, LiDAR
572 m³
Parcel 21017D0164/00L006, Brussels · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MULTIDISCI
since 20262.390.153.046
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0164/00L006 | Brussels | 70 m² | 1 · 63 m² | 13.5 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.
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DIMENSION-Z
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EGGERMONT - NOE
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Of 2,005 companies in sector 47770 we hold annual accounts for 892. 700 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-08-2007
Fiscal year end31-12
Activities, NACEBEL
47770Retail sale of watches and jewellery
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:multidisci@hotmail.fr