MULTISEPA
The computed 12-month bankruptcy probability of MULTISEPA is 0.8% (low). The 2024 annual accounts show equity of €37k and a net result of €-4k. Equity is growing by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 33% of 77 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €37k |
| Net result | €-4k |
| Better than sector | 33% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 15.8% | 26.1% | |
| Net result | €-4k | €10k | |
| Equity | €37k | €41k | |
| Gross operating margin | €245k | €42k | |
| Total assets | €232k | €232k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €27k |
| Net profit | €-4k |
| Cash flow | €24k |
| Staff costs | €213k |
| Income taxes | €436 |
| Dividends | - |
| Total assets | €232k |
| Equity | €37k |
| Debt | €195k |
| of which ≤ 1y | €127k |
| of which > 1y | €15k |
| Working capital | €52k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.41 |
| Quick ratio | 0.95 |
| Working capital ratio | 22.3% |
| Solvency | 15.8% |
| Debt / equity | 5.32 |
| Long-term debt ratio | 0.40 |
| Interest coverage | 10.81 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.6% |
| ROE | -10.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €232k |
| Fixed assets | 21/28 | €53k |
| Intangible fixed assets | 21 | €4k |
| Tangible fixed assets | 22/27 | €49k |
| Financial fixed assets | 28 | €175 |
| Current assets | 29/58 | €178k |
| Stocks & contracts in progress | 3 | €58k |
| Amounts receivable within one year | 40/41 | €76k |
| Cash & bank | 54/58 | €41k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €232k |
| Equity | 10/15 | €37k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €32k |
| Amounts payable | 17/49 | €195k |
| Amounts payable after one year | 17 | €15k |
| Amounts payable within one year | 42/48 | €127k |
| Trade debts payable within one year | 44 | €93k |
| Income statement | ||
| Gross operating margin | 9900 | €245k |
| Operating result | 9901 | €-777 |
| Financial income | 75 | €23 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-3k |
| Income taxes | 67/77 | €436 |
| Net result for the period | 9904 | €-4k |
| Result to be appropriated | 9905 | €-4k |
-
Current06-02-2024 → present
2 events
- 06-02-2024 Appointed· Director
- 06-02-2024 Appointed· Director
Former directors (1)
-
WALRAVENS FranckDirectorState Gazette act 24028078 (14-02-2024)Former- → 06-02-2024
| NACE primary | Exploitatie van bossen(02200) |
| Legal form | Private limited company(610) |
| Incorporation | 24-12-2020 |
| Status | Active |
| Postal code | 5650 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-02-2024 3 directors appointed, 1 resigning
- SRL GC ARLY, Bestuurder
- SRL GC ARLY, Bestuurder
- Michel ERNOULD, Dagelijks bestuur
- WALRAVENS Franck, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MULTISEPA |