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 |
By revenue, Multi-Fish ranks 3rd of 8 companies with main activity “Groothandel in vis en schaal- en weekdieren” in West Flanders that publish figures (fiscal year 2024).
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.
Ask about Multi-Fish the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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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
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Blankenberge. 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.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Fox Consulting(oprichter) 99.9%
- De Vos Donaat-Basiel-Emma(oprichter) 0.1%
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
Groothandel in vis en schaal- en weekdieren
Groothandel in vis, schaal- en schelpdieren
Detailhandel in vis en schaal- en weekdieren