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Multibat

Active
Public limited company·Algemene bouw van residentiële gebouwen· 14 yrs active
Veldstraat 133 ·9890 Gavere, Belgium
KBO/BCE: BE 0842.076.992
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Age14 yrs
Board4
Connections2
Real estate2 parcels · 1,986 m²

Summary

Conclusion

the dossier summarised in one paragraph

The KBO register records legal situation 050 for Multibat (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €125k and a net result of €23k.

Based on the State Gazette, CBE and 6 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Signals

2 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 333 sector peers (2024).
View the sector comparison
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2024, that is 31-01-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
30-06-2025 31-01-2026 nothing on record not filed -
30-06-2024 31-01-2025 04-08-2025 185 d late 2025-00366395
30-06-2023 31-01-2024 14-06-2024 135 d late 2024-00139926
30-06-2022 31-01-2023 08-02-2023 8 d late 2023-00027007
30-06-2021 31-01-2022 07-02-2022 7 d late 2022-05200295
30-06-2020 31-01-2021 16-02-2021 16 d late 2021-05500472
30-06-2019 31-01-2020 31-01-2020 on the day 2020-03800591
30-06-2018 31-01-2019 31-01-2019 on the day 2019-03700410
30-06-2017 31-01-2018 25-01-2018 6 d early 2018-02300494
30-06-2016 31-01-2017 06-01-2017 25 d early 2017-00500126
30-06-2015 31-01-2016 25-01-2016 6 d early 2016-02600145

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

1 signal
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€23k
Working capital€49k+146.4%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 04-08-2025 with the NBB · fiscal year 2024 · verkort
€-200k€-100k€0€100kOperating result 2020: €6k€6kNet result 2020: €1k€1kOperating result 2021: €59k€59kNet result 2021: €13k€13kOperating result 2022: €-140k€-140kNet result 2022: €-158k€-158kOperating result 2023: €-4k€-4kNet result 2023: €-10k€-10kOperating result 2024: €15k€15kNet result 2024: €23k€23k20202021202220232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 41, Construction of buildings · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 2.8% 24.2%
better than 19% of 333 sector peers
Net result €23k €16k
better than 60% of 333 sector peers
Equity €125k €73k
better than 58% of 333 sector peers
Gross operating margin €248k €81k
better than 68% of 333 sector peers
Staff costs €191k €140k
higher than 58% of 155 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P19
2020: P20 · n=1412021: P23 · n=1792022: P20 · n=2692023: P16 · n=3002024: P19 · n=3332020 2024
Stable position over 2020-2024 · n=141-333
Net result P60
2020: P33 · n=1422021: P45 · n=1792022: P7 · n=2682023: P17 · n=3002024: P60 · n=3332020 2024
Improving position over 2020-2024 · n=142-333
Equity P58
2020: P60 · n=1422021: P66 · n=1792022: P56 · n=2692023: P55 · n=3002024: P58 · n=3332020 2024
Stable position over 2020-2024 · n=142-333
Gross operating margin P68
2020: P50 · n=1422021: P57 · n=1792022: P49 · n=2672023: P75 · n=3002024: P68 · n=3332020 2024
Improving position over 2020-2024 · n=142-333
Describes the position versus peers, not a forecast.
EBITDA
€42k
+18.2% 19-24
Net profit
€23k
- 19-24
Cash flow
€50k
+68.7% 19-24
Total assets
€4.53M
-31.3% 19-24
Equity
€125k
+22.8% 19-24
Working capital
€49k
+146.4% 19-24
Employees (FTE)
3
-17.1% 19-24
Staff costs
€191k
+5.3% 19-24
Show 11 other metrics
Income taxes
€831
-28.6% 19-24
Debt
€4.41M
-32.1% 19-24
Debt ≤ 1y
€4.34M
-32.8% 19-24
Debt > 1y
€67k
+78.6% 19-24
Current ratio
1.01
+0.8% 19-24
Quick ratio
0.41
-17.8% 19-24
Solvency
2.8%
+78.7% 19-24
Debt / equity
35.17
-44.7% 19-24
ROE
18.5%
- 19-24
ROA
0.5%
- 19-24
Interest coverage
10.66
+308.3% 19-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€42k
Net profit€23k
Cash flow€50k
Staff costs€191k
Income taxes€831
Dividends-
Total assets€4.53M
Equity€125k
Debt€4.41M
of which ≤ 1y€4.34M
of which > 1y€67k
Working capital€49k
Employees (FTE)2.9
Ratios (computed)
2024
Current ratio1.01
Quick ratio0.41
Working capital ratio1.1%
Solvency2.8%
Debt / equity35.17
Long-term debt ratio0.53
Interest coverage10.66
Gross margin-
Net margin-
ROA0.5%
ROE18.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€4.53M
Fixed assets 21/28€146k
Intangible fixed assets 21€9k
Tangible fixed assets 22/27€135k
Financial fixed assets 28€2k
Current assets 29/58€4.39M
Stocks & contracts in progress 3€2.60M
Amounts receivable within one year 40/41€1.41M
Cash & bank 54/58€251k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4.53M
Equity 10/15€125k
Contributions / capital 10/11€100k
Reserves 13€25k
Accumulated profits (losses) 14€0
Amounts payable 17/49€4.41M
Amounts payable after one year 17€67k
Amounts payable within one year 42/48€4.34M
Trade debts payable within one year 44€947k
Income statement
Gross operating margin 9900€248k
Operating result 9901€15k
Financial income 75€13k
Financial charges 65€4k
Result before taxes 9903€24k
Income taxes 67/77€831
Net result for the period 9904€23k
Result to be appropriated 9905€23k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
6 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024 and the legal situation the KBO register itself records. Indicative, not credit advice.

Directors

Directors & mandates

5 directors
Current directors & mandates
  • FESTJENS Karel André Julienne
    Managing director
    State Gazette act 25375721 (10-12-2025)
    Current
    13-11-2025 → present
  • Guyon-InvestLegal entity
    Director· perm. rep.: Guyonnaud, Michel
    State Gazette act 23010721 (23-01-2023)
    Current
    23-01-2023 → present
    3 events
    • 23-01-2023 Mandate renewed· Director
    • 23-01-2023 Resigned· Managing director
    • 05-03-2018 Mandate renewed· Managing director
  • Guyonnaud, Fien
    Director
    State Gazette act 23010721 (23-01-2023)
    Current
    23-01-2023 → present
  • TRAMPOLISLegal entity
    Director· perm. rep.: Festjens, Karel
    State Gazette act 23010721 (23-01-2023)
    Current
    06-12-2018 → present
    4 events
    • 23-01-2023 Mandate renewed· Director
    • 01-07-2022 Mandate renewed· Managing director
    • 06-12-2018 Appointed· Director
    • 06-12-2018 Appointed· Managing director
Former directors (1)
  • Guyonnaud, Michel
    Director
    State Gazette act 18040510 (05-03-2018)
    Former
    05-03-2018 → 23-01-2023
    2 events
    • 23-01-2023 Resigned· Director
    • 05-03-2018 Mandate renewed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Algemene bouw van residentiële gebouwen(41001)
Legal form Public limited company(014)
Incorporation16-12-2011
StatusActive
Postal code9890

Structure & network

Connections & network

2 connected companies
Group structure
TRAMPOLIS
Sits on the board · 1 subsidiary · 1 location
Control→
Network connections
Truewill
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

1 party
Control over this companysits on this company's board1
TRAMPOLIS
1 subsidiary · 1 location
controls
MultibatBE 0842.076.992

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Veldstraat 1339890 Gavere

Establishment units

1 location
Multibat
Emiel Clauslaan 116, 9800 DeinzeBouw van individuele huizen volgens de formule "sleutel op de deur"
since 20112.206.844.426
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1,986 m²
Buildings2
Building footprint504 m²
Volume (LiDAR)2,891 m³
Tallest building19.0 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44004A0257/00A002 Flanders 1,084 m² 1 · 227 m² 19.0 m · 3 fl.
44003A0544/00B000 Flanders 901 m² 1 · 277 m² 4.7 m · 1 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals found in the Belgian State Gazette. The KBO register does record a special legal situation for this company, so do not read this as a clean bill of health.

Belgisch Staatsblad · acts

9 acts
Address history · 4
10-12-2025
v3.2
18-02-2022
v3.2
24-03-2017
v3.2
19-06-2014
v3.2
All acts · 9 updated 8 months ago
2025
10-12-2025 Registered office moved from Deinze to Gavere Registered-office change
  • Emiel Clauslaan 116, 9800 Deinze → Veldstraat 133, 9890 Gavere
Summary: v3.2
2023
23-01-2023 1 director appointed, 2 resigning, 3 reappointed Director changes
  • Guyonnaud, Fien, Bestuurder
  • Guyonnaud, Michel, Bestuurder
  • Guyonnaud, Michel, Gedelegeerd bestuurder
  • Guyonnaud, Michel, Bestuurder
  • Festjens, Karel, Bestuurder
  • Festjens, Karel, Gedelegeerd bestuurder
Summary: v3.2
2022
12-07-2022 Articles of association amended Statutes amendment
Summary: v3.2
18-02-2022 Registered office moved from Sint-Martens-Latem to Deinze Registered-office change
  • Kortrijksesteenweg 123, 9830 Sint-Martens-Latem → Emiel Clauslaan 116, 9800 Deinze
Summary: v3.2
2020
16-03-2020 2 directors appointed Director changes
  • Karel FESTJENS, Bestuurder
  • Karel FESTJENS, Gedelegeerd bestuurder
Summary: v3.2
2018
21-12-2018 2 directors appointed Director changes
  • Karel FESTJENS, Bestuurder
  • Karel FESTJENS, Gedelegeerd bestuurder
Summary: v3.2
05-03-2018 2 reappointed Director changes
  • Michel Guyonnaud, Bestuurder
  • Michel Guyonnaud, Gedelegeerd bestuurder
Summary: v3.2
2017
24-03-2017 Registered office moved from Zevergem to Sint-Martens-Latem Registered-office change
  • Pont-Noord 5, 9840 Zevergem → Kortrijksesteenweg 123, 9830 Sint-Martens-Latem
Summary: v3.2
2014
19-06-2014 Registered office moved from De Pinte to Zevergem Registered-office change
  • Pont-Zuid 8, 9840 De Pinte → Pont-Noord 5, 9840 Zevergem
Summary: v3.2

Analysis

Financial profile

5 of 5 axes measured
Health6Profitability93Solvency13Growth58Stability0
34 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 6
Profitability 93
Solvency 13
Growth 58
Stability 0

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 5,399 of the 29,581 companies in this sector. 4,159 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Ontwikkeling van residentiële bouwprojecten41101Algemene bouw van residentiële gebouwen41201Ontwikkeling van residentiële bouwprojecten68121
Primary activity highlighted.
Names & trade names
Legal nameNL Multibat
Registered office
Veldstraat 133
9890 Gavere, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.