Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Gerechtelijke ontbinding of nietigheid according to the CBE.
Financials
Financial year 2024
MULTISALE from Lanaken, company number BE0454251196, closed financial year 2024 with a result of € -4,784 after tax. For that financial year MULTISALE recorded a gross margin of € -3,445 and equity of € -22,536. Compared with financial year 2023, the result moved from € 1,720 to € -4,784. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 4, 2025.
€ -22,536
▼ € 4,784 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,784
▼ still € 1,720 profit in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -30,376.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 528
▼ 39% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 25,000
▲ 32% vs 2023
Loans from banks and other lenders, long and short.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | - | € 2,088 | € 2,472 | € -3,445 | ▼ € 5,917 |
| Profit after taxes | € 0 | € 1,563 | € 1,720 | € -4,784 | ▼ € 6,504 |
| Equity | € -21,035 | € -19,471 | € -17,751 | € -22,536 | ▼ € 4,784 |
| Total debts | € 25,535 | € 25,535 | € 42,149 | € 32,221 | ▼ 24% |
| Cash | - | € 6,063 | - | - | |
| Land & buildings | - | - | € 7,807 | € 8,710 | ▲ 12% |
| Retained profit | € -28,875 | € -27,312 | € -25,592 | € -30,376 | ▼ € 4,784 |
| Bank debt | € 22,000 | € 22,000 | € 19,000 | € 25,000 | ▲ 32% |
| Balance sheet total | € 4,500 | € 6,063 | € 24,397 | € 9,685 | ▼ 60% |
Key figures of MULTISALE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MULTISALE?
What happened at MULTISALE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MULTISALE is active according to the CBE. Legal situation: Gerechtelijke ontbinding of nietigheid.
- New annual accounts for financial year 2024: loss of € 4,784 (▼ € 6,504 vs 2023). Source: NBB ↗
- Petrus Lutgens became a director. NBB
- New establishment in Lanaken. KBO
- Start of the company according to the CBE. KBO
In short
From € 0 profit in 2021 to € 4,784 loss in 2024.
Best year ever: 2023, with € 1,720 profit.
Management
Behind MULTISALE is Petrus Lutgens.
Directors
According to the 2024 annual accounts
Petrus Lutgens
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Stationsstraat 116
3620 Lanaken
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.251.196
- VAT number
- BE 0454.251.196
- Registered office
- Stationsstraat 116, 3620 Lanaken
- Names & denominations
- MULTISALE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Gerechtelijke ontbinding of nietigheid
- Start date
- 25 January 1995
- Peppol
- Not registered
- Activities · NACE
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