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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 16.9 to 13.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2024
Multi-Fish from Blankenberge, company number BE0888839011, closed financial year 2024 with a result of € -70,272 after tax. For that financial year Multi-Fish recorded revenue of € 52.6 million and equity of € 950,928. Compared with financial year 2023, the result moved from € -631,674 to € -70,272. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 7, 2025.
€ 950,928
▼ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -70,272
▲ 89 % less loss than in 2023
Profit after tax over the fiscal year.
€ 885,481
▼ 4% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 750,928.
People and assets in 2024
13
▼ 2.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 707,302
▼ 15% vs 2023
€ 54,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,572
▼ 37% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.9 million
▼ 27% vs 2023
Loans from banks and other lenders, long and short.
€ 5.9 million
▲ 23% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 122,156
▼ 18% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 37,789,955 | € 39,695,116 | € 46,727,879 | € 52,585,890 | ▲ 13% |
| Profit after taxes | € 15,976 | € -1,071,987 | € -631,674 | € -70,272 | ▲ € 561,402 |
| Equity | € 2,724,860 | € 1,652,874 | € 1,021,200 | € 950,928 | ▼ 7% |
| Total debts | € 11,759,466 | € 15,768,895 | € 17,404,581 | € 17,451,889 | |
| Cash | € 431,709 | € 300,243 | € 924,845 | € 885,481 | ▼ 4% |
| Retained profit | € 2,524,860 | € 1,452,874 | € 821,200 | € 750,928 | ▼ 9% |
| Bank debt | € 3,848,422 | € 3,620,542 | € 3,942,131 | € 2,861,552 | ▼ 27% |
| Balance sheet total | € 14,484,326 | € 17,458,901 | € 18,462,913 | € 18,468,017 | |
| Employees (FTE) | 14.4 | 16.9 | 15.4 | 13 | ▼ 2.4 |
Key figures of Multi-Fish, 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 Multi-Fish?
What happened at Multi-Fish in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FOX HOLDINGS NV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 70,272. filed late Source: NBB ↗
- FOX HOLDINGS NV became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- New establishment in Blankenberge. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,976 profit in 2021 to € 70,272 loss in 2024.
Paid € 22,866 in corporate taxes since 2021.
Best year ever: 2021, with € 15,976 profit.
Pays suppliers within 42 days on average.
Management
The shares are held by FOX HOLDINGS NV (99.9%) and ZEEVISHANDEL MERCUUR IJMUIDEN BV (0.1%).
Directors
According to the 2024 annual accounts
Managing director · represented by Rosemarie VAN DUIJN
Also active at: Verbiest, DANIEL'S VISBEDRIJF, Multi-Fish Frozen, VVO, MOSSELMAN SEAFOOD
since 2024 · until 2027
Shareholders
99.9%
ZEEVISHANDEL MERCUUR IJMUIDEN BV
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schaapstraat 98
8370 Blankenberge
Hundelgemsesteenweg 63 box 101
9820 Merelbeke-Melle
Active since 1 April 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0888.839.011
- VAT number
- BE 0888.839.011
- Registered office
- Schaapstraat 98, 8370 Blankenberge
- Names & denominations
- Multi-Fish
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 2007
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
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