ACTIVE

MULTIFIN

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Financial year 2025 · closed on 31/12/2025

Net result

-345,7 k €

-110.7% YoY

Revenue

5,0 k €

-93.0% YoY

Equity

254,3 M €

-0.2% YoY

What does MULTIFIN do?

MULTIFIN is a Public limited company incorporated in 1989. Its main activity is: Development of building projects. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.698.921

Incorporation

22/12/1989

Legal form

Public limited company

Registered office

Rue Gachard 88 box 14
1050 Ixelles · BruxellesSee on map

Contributed capital

122 695 842,08 €

Latest accounts

31/12/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities

Signals

Solid equity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	5,0 k €	-93.0%	71,5 k €	+65.3%	43,3 k €	+18.5%	36,5 k €	+4.1%	35,1 k €	+601%	5,0 k €	-85.6%	34,7 k €	-12.5%	39,6 k €	+116%	18,3 k €		–		–		–		–		–		–		–		–		–
EBITDA	-1,9 M €	+21.6%	-2,5 M €	-681%	-317,5 k €	+84.5%	-2,0 M €	-53.5%	-1,3 M €	-87.5%	-710,8 k €	-396%	-143,3 k €	+57.3%	-335,4 k €	-106%	6,0 M €	+29361%	-20,4 k €	-217%	-6,4 k €	-108%	78,0 k €	+6.2%	73,5 k €	-30.3%	105,5 k €	+288%	-56,1 k €	-319%	25,6 k €	+18.1%	21,6 k €	-65.3%	62,3 k €
Operating result	-2,0 M €	+22.9%	-2,6 M €	-675%	-331,7 k €	+84.4%	-2,1 M €	-47.4%	-1,4 M €	-58.2%	-909,1 k €	-172%	-334,0 k €	+39.2%	-549,6 k €	-110%	5,8 M €	+2473%	-242,9 k €	+3.9%	-252,8 k €	-78.9%	-141,3 k €	-0.1%	-141,2 k €	-2.6%	-137,7 k €	+53.0%	-292,6 k €	-73.2%	-168,9 k €	-16.5%	-145,0 k €	-35.0%	-107,4 k €
Net result	-345,7 k €	-111%	3,2 M €	-87.5%	25,8 M €	-61.4%	66,9 M €	+1371%	4,6 M €	+111%	-42,0 M €	-3158%	1,4 M €	+113%	-10,2 M €	-0.7%	-10,1 M €	-200%	10,1 M €	+7.3%	9,4 M €	+42.1%	6,6 M €	+103%	3,3 M €	+159%	-5,6 M €	-819%	772,4 k €	-96.0%	19,3 M €	+1412%	1,3 M €	+52.7%	837,4 k €
Balance sheet
Equity	254,3 M €	-0.2%	254,7 M €	+1.3%	251,5 M €	+11.4%	225,7 M €	+42.2%	158,7 M €	+1640%	9,1 M €	-82.1%	51,1 M €	+71.9%	29,7 M €	-25.5%	39,9 M €	-20.2%	50,0 M €	+24.0%	40,3 M €	+28.7%	31,3 M €	+25.4%	25,0 M €	+13.5%	22,0 M €	-20.6%	27,8 M €	+2.2%	27,2 M €	+239%	8,0 M €	+16.0%	6,9 M €
Total assets	435,6 M €	-3.8%	452,7 M €	+0.4%	450,9 M €	+4.6%	431,1 M €	+18.5%	363,9 M €	+75.4%	207,5 M €	-17.7%	252,0 M €	+8.9%	231,3 M €	-4.9%	243,3 M €	+307%	59,7 M €	+22.4%	48,8 M €	+23.0%	39,7 M €	+17.4%	33,8 M €	+3.7%	32,6 M €	-0.2%	32,7 M €	+1.8%	32,1 M €	+213%	10,2 M €	+2.4%	10,0 M €
Cash	33,3 M €	+330%	7,8 M €	-42.7%	13,5 M €	-59.0%	33,0 M €	-63.0%	89,1 M €	+376%	18,7 M €	-14.9%	22,0 M €	+128%	9,6 M €	-22.6%	12,5 M €	-18.5%	15,3 M €	+154%	6,0 M €	+46.3%	4,1 M €	+2330%	169,4 k €	-73.2%	633,0 k €	+255%	178,3 k €	+1134%	14,5 k €	-95.8%	343,3 k €	-49.3%	677,5 k €
Debts	170,2 M €	-10.7%	190,6 M €	-1.9%	194,3 M €	-3.5%	201,3 M €	-0.3%	201,9 M €	+1.8%	198,3 M €	-1.3%	200,9 M €	-0.4%	201,6 M €	-0.9%	203,4 M €	+6898%	2,9 M €	+73.0%	1,7 M €	+8.5%	1,5 M €	-23.1%	2,0 M €	-46.5%	3,8 M €	-23.3%	4,9 M €	+0.8%	4,9 M €	+123%	2,2 M €	-28.5%	3,0 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 28 ended

Active mandates

Arnoud DE PRET ROOSE DE CALESBERG

Managing director · since 14 décembre 2023 · until 14 décembre 2029

Active

Elinor DE PRET ROOSE DE CALESBERG

Director · since 14 décembre 2023 · until 14 décembre 2029

Active

Gérard LAMARCHE

Chairman of the board of directors · since 14 décembre 2023 · until 14 décembre 2029

Active

Lavinia DE PRET ROOSE DE CALESBERG

Director · since 14 décembre 2023 · until 14 décembre 2029

Active

PAX AFFAIRES - IMMOBILIERE PAX

Director · since 14 décembre 2023 · until 14 décembre 2029 · 0444.671.061

Represented by François Detandt

Active

Valentine DE PRET ROOSE DE CALESBERG

Director · since 14 décembre 2023 · until 14 décembre 2029

Active

Ended mandates

Lavinia DE PRET ROOSE DE CALESBERG

Director · since 15 mars 2021 · until 15 mars 2027

Ended

Valentine DE PRET ROOSE DE CALESBERG

Director · since 15 mars 2021 · until 15 mars 2027

Ended

Gerard Lamarche

Chairman of the board of directors · since 10 mai 2019 · until 17 mars 2025

Ended

Arnoud Comte de Pret de Calesberg

Managing director · since 29 juin 2018 · until 18 mars 2024

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/05/2026	28/04/2025	18/04/2024	28/04/2023	30/03/2022	12/07/2021
General meeting	24/04/2026	04/04/2025	18/03/2024	20/03/2023	21/03/2022	15/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	24/04/2026	04/05/2026	French	PDF
Full model	31/12/2024	04/04/2025	28/04/2025	French	PDF
Full model	31/12/2023	18/03/2024	18/04/2024	French	PDF
Full model	31/12/2022	20/03/2023	28/04/2023	French	PDF
Full model	31/12/2021	21/03/2022	30/03/2022	French	PDF
Full modelCorrection	31/12/2020	15/03/2021	12/07/2021	French	PDF
Full model	31/12/2020	15/03/2021	15/04/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	16/07/2020	French	PDF
Full model	31/12/2018	18/03/2019	26/04/2019	French	PDF
Full model	31/12/2017	29/06/2018	04/07/2018	French	PDF
Full model	31/12/2016	30/06/2017	31/07/2017	French	PDF
Full model	31/12/2015	30/06/2016	27/07/2016	French	PDF
Abridged model	31/12/2014	16/03/2015	08/07/2015	French	PDF
Abridged model	31/12/2013	18/03/2014	04/07/2014	French	PDF
Abridged model	31/12/2012	18/03/2013	06/08/2013	French	PDF
Abridged model	31/12/2011	19/03/2012	06/08/2013	French	PDF
Abridged model	31/12/2010	21/03/2011	24/11/2011	French	PDF
Abridged model	31/12/2009	15/03/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	16/03/2009	31/10/2009	French	PDF
Abridged model	31/12/2007	17/03/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	19/03/2007	30/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 28 ended

Active mandates

Arnoud DE PRET ROOSE DE CALESBERG

Managing director · since 14 décembre 2023 · until 14 décembre 2029

Active

Elinor DE PRET ROOSE DE CALESBERG

Director · since 14 décembre 2023 · until 14 décembre 2029

Active

Gérard LAMARCHE

Chairman of the board of directors · since 14 décembre 2023 · until 14 décembre 2029

Active

Lavinia DE PRET ROOSE DE CALESBERG

Director · since 14 décembre 2023 · until 14 décembre 2029

Active

PAX AFFAIRES - IMMOBILIERE PAX

Director · since 14 décembre 2023 · until 14 décembre 2029 · 0444.671.061

Represented by François Detandt

Active

Valentine DE PRET ROOSE DE CALESBERG

Director · since 14 décembre 2023 · until 14 décembre 2029

Active

Ended mandates

Lavinia DE PRET ROOSE DE CALESBERG

Director · since 15 mars 2021 · until 15 mars 2027

Ended

Valentine DE PRET ROOSE DE CALESBERG

Director · since 15 mars 2021 · until 15 mars 2027

Ended

Gerard Lamarche

Chairman of the board of directors · since 10 mai 2019 · until 17 mars 2025

Ended

Arnoud Comte de Pret de Calesberg

Managing director · since 29 juin 2018 · until 18 mars 2024

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates09/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates12/09/2023
DEMISSIONS, NOMINATIONS
PDF
Registered office17/05/2023
SIEGE SOCIAL
PDF
Mandates29/10/2021
DEMISSIONS, NOMINATIONS
PDF
Registered office09/10/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - SIEGE SOCIAL
PDF
Capital / shares28/01/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - CAPITAL, ACTIONS
PDF
Mandates17/07/2019
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-345,7 k €↓
2024
Annual accounts 20243,2 M €↓
18/03/2024
nominationGhislain Dochen — commissaire
2023
Annual accounts 202325,8 M €↓
14/12/2023
reconductionArnoud de Pret — administrateur
14/12/2023
reconductionLavinia de Pret — administrateur
14/12/2023
reconductionValentine de Pret — administrateur
14/12/2023
reconductionElinor de Pret — administrateur
14/12/2023
reconductionGérard Lamarche — administrateur
20/03/2023
reconductionElinor de Pret — administrateur
2022
Annual accounts 202266,9 M €↑
2021
Annual accounts 20214,6 M €↑
2018
Annual accounts 2018-42,0 M €↓
2017
Annual accounts 20171,4 M €↑
2016
Annual accounts 2016-10,2 M €↓
2015
Annual accounts 2015-10,1 M €↓
2014
Annual accounts 201410,1 M €↑
2013
Annual accounts 20139,4 M €↑
2012
Annual accounts 20126,6 M €↑
2011
Annual accounts 20113,3 M €↑
2010
Annual accounts 2010-5,6 M €↓
2009
Annual accounts 2009772,4 k €↓
2008
Annual accounts 200819,3 M €↑
2007
Annual accounts 20071,3 M €↑
2006
Annual accounts 2006837,4 k €
22/12/1989
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MULTIFIN

Overview

What does MULTIFIN do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline