MULTINOX
ActiveSummary
MULTINOX has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.33M and a net result of €9k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 59% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-21
Solvency76▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 3.2 against 2.43 in 2024; short-term debt: 22.8% and cash: 0.4% of total assets), and 48.5% 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
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
Sector 43
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
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
51.5%
Return on assets
0.3%
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
29 d early
2023
34 d early
2022
34 d early
2021
34 d early
2020
31 d early
2019
29 d early
← 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
Equity
€1.33M▲ 0.7%
2024 · €1.32M
2018: €642k
2019: €657k
2020: €709k
2021: €872k
2022: €1.02M
2023: €1.17M
2024: €1.32M
2018 → 2025
Total assets
€2.58M▼ 8.3%
2024 · €2.82M
2018: €1.55M
2019: €1.49M
2020: €1.59M
2021: €2.13M
2022: €2.26M
2023: €2.58M
2024: €2.82M
2018 → 2025
Net result
€9k▼ 94.4%
2024 · €154k
2018: €-8k
2019: €15k
2020: €52k
2021: €163k
2022: €150k
2023: €145k
2024: €154k
2018 → 2025
Working capital
€1.29M▲ 4.5%
2024 · €1.24M
2018: €424k
2019: €526k
2020: €718k
2021: €747k
2022: €949k
2023: €1.06M
2024: €1.24M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€872k-€1.02M▲ 17.2%€1.17M▲ 14.2%€1.32M▲ 13.2%€1.33M▲ 0.7%
Operating result€147k-€184k▲ 25.7%€196k▲ 6.2%€213k▲ 8.6%€6k▼ 97.1%
Net result€163k-€150k▼ 8.1%€145k▼ 2.9%€154k▲ 6.2%€9k▼ 94.4%
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 97% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.58M
Fixed assets
€703k ▼ 1.8%
Current assets
€1.88M ▼ 10.5%
Equity and liabilities €2.58M
Equity
€1.33M ▲ 0.7%
Debt
€1.25M ▼ 16.2%
Debt's share of the balance-sheet total falls from 53.1% to 48.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€156k▼
2024 · €343k
Cash flow
€158k▼
2024 · €284k
Current ratio
3.20▲
2024 · 2.43
Quick ratio
2.64▲
2024 · 2.05
Debt to equity
0.94▼
2024 · 1.13
ROE
0.7%▼
2024 · 11.7%
ROA
0.3%▼
2024 · 5.5%
Interest coverage
4.32▼
2024 · 7.94
Debt ≤ 1 year
€588k▼
2024 · €864k
Debt > 1 year
€514k▼
2024 · €548k
Income taxes
€172▼
2024 · €51k
Staff costs
€289k▼
2024 · €311k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.82M€2.58M▼
Fixed assets21/28€716k€703k▼
Intangible fixed assets21€3k€1k▼
Tangible fixed assets22/27€712k€702k▼
Land and buildings22€12k€10k▼
Plant, machinery and equipment23€76k€73k▼
Furniture and vehicles24€25k€16k▼
Leasing and similar rights25€565k€570k▲
Other tangible fixed assets26€34k€32k▼
Financial fixed assets28€325€325=
Current assets29/58€2.10M€1.88M▼
Stocks and contracts in progress3€327k€331k▲
Stocks30/36€297k€289k▼
Contracts in progress37€30k€42k▲
Amounts receivable within one year40/41€1.74M€1.53M▼
Trade receivables40€835k€324k▼
Other amounts receivable41€907k€1.21M▲
Cash at bank and in hand54/58€21k€11k▼
Deferred charges and accrued income490/1€12k€6k▼
Equity and liabilities
Total equity and liabilities10/49€2.82M€2.58M▼
Equity10/15€1.32M€1.33M▲
Contributions10/11€712k€712k=
Reserves13€44k€44k=
Distributable reserves133€44k€44k=
Profit (loss) carried forward14€565k€574k▲
Amounts payable17/49€1.50M€1.25M▼
Amounts payable after more than one year17€548k€514k▼
Financial debts170/4€548k€514k▼
Amounts payable within one year42/48€864k€588k▼
Current portion of amounts payable after more than one year42€104k€129k▲
Financial debts43€194k€195k▲
Credit institutions430/8€194k€195k▲
Trade debts44€486k€228k▼
Suppliers440/4€486k€228k▼
Taxes, remuneration and social security45€26k€23k▼
Taxes450/3€1k€100▼
Remuneration and social security454/9€24k€22k▼
Other amounts payable47/48€56k€14k▼
Accrued charges and deferred income492/3€84k€152k▲
Income statement
Code20242025
Remuneration, social security and pensions62€311k€289k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€130k€150k▲
Other operating charges640/8€14k€16k▲
Gross operating margin9900€668k€461k▼
Operating profit (loss)9901€213k€6k▼
Financial income75/76B€36k€42k▲
Recurring financial income75€36k€42k▲
Financial charges65/66B€43k€39k▼
Recurring financial charges65€43k€36k▼
Non-recurring financial charges66B-€3k
Profit (loss) for the period before taxes9903€206k€9k▼
Income taxes67/77€51k€172▼
Profit (loss) for the period9904€154k€9k▼
Profit (loss) for the period to be appropriated9905€154k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€565k€574k▲
Profit (loss) brought forward from the previous period14P€411k€565k▲
Social balance
Average headcount (FTE)90876.05.6▼
The notes to these accounts (20 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.02M ▲17.2%
4 profitable years in a row build equity to €1.02M.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €163k ▲211%
Net result €163k, the highest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Oudsbergen · 1 establishment unit since 2002
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.
Industrieweg-Noord 11383660 OudsbergenGround area
1.1 ha
Building footprint
2,658 m²
Volume, LiDAR
17,587 m³
Parcel 71562B0905/00V004, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Multinox
since 20022.103.202.203
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0905/00V004 | Flanders | 1.1 ha | 1 · 2,658 m² | 8.2 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 · 6 entries · 78,735 EUR awarded · 78,735 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 21,897 EUR | 21,897 EUR |
| 2024 | 1 | 18,215 EUR | 18,215 EUR |
| 2023 | 1 | 19,610 EUR | 19,610 EUR |
| 2022 | 2 | 19,013 EUR | 19,013 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
anders construct
BE 0871.908.254
Kruisem · Eq €1,328,192
VIJVERMAN
BE 0878.658.068
Zulte · Eq €1,327,575
MENUISERIE ADELAIRE MARCEL
BE 0415.623.818
Neupré · Eq €1,331,312
CHA - VER
BE 0458.758.035
Namur · Eq €1,332,684
COMEPLAST-CARPACO
BE 0439.395.944
Ronse · Eq €1,324,731
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 3,734 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
Founded15-02-2002
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.