ACTIVE

MULTI-G

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Financial year 2025 · closed on 31/12/2025

Net result

437,8 k €

-19.8% YoY

Gross margin

1,1 M €

-29.3% YoY

Equity

1,8 M €

+26.8% YoY

Workforce

2,1 ETP

-43.2% YoY

What does MULTI-G do?

MULTI-G is a Private limited company incorporated in 1990. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Antwerpen. It employs on average 2,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.139.667

Incorporation

13/06/1990

Legal form

Private limited company

Registered office

Lange Leemstraat 166
2018 Antwerpen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

2,1 ETP

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 47740Retail sale of medical and orthopaedic goods in specialised stores 47741Retail sale of medical and orthopaedic goods in specialised stores 52320Warehousing and support activities for transportation

Joint committees (2)

226
2260

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,1 M €	-29.3%	1,6 M €	+120%	720,1 k €	+20.8%	596,2 k €	+7.3%	555,5 k €	+44.6%	384,2 k €	+53.8%	249,7 k €	+18.7%	210,4 k €	+14.5%	183,7 k €	-4.4%	192,3 k €	-20.0%	240,3 k €	-7.1%	258,6 k €	+15.3%	224,4 k €	+28.0%	175,2 k €	+126%	77,6 k €	-7.9%	84,3 k €	-43.1%	148,1 k €	+159%	57,2 k €	-44.9%	103,8 k €
EBITDA	680,6 k €	-36.2%	1,1 M €	+233%	320,1 k €	-2.8%	329,5 k €	+7.1%	307,6 k €	+15.4%	266,7 k €	+88.2%	141,7 k €	+5.1%	134,8 k €	-14.5%	157,7 k €	-14.4%	184,2 k €	-21.9%	235,8 k €	+1.9%	231,3 k €	+6.1%	218 k €	+26.9%	171,8 k €	+132%	74 k €	-8.2%	80,6 k €	-44.3%	144,7 k €	+175%	52,5 k €	-47.9%	100,8 k €
Operating result	626,7 k €	-40.9%	1,1 M €	+289%	272,8 k €	-0.6%	274,3 k €	+8.0%	254,1 k €	+18.4%	214,6 k €	+120%	97,3 k €	+3.3%	94,2 k €	-21.5%	120 k €	-22.0%	153,9 k €	-26.2%	208,4 k €	-0.3%	209,1 k €	+2.3%	204,5 k €	+24.8%	163,8 k €	+175%	59,6 k €	-11.1%	67,1 k €	-49.7%	133,2 k €	+219%	41,8 k €	-53.5%	89,8 k €
Net result	437,8 k €	-19.8%	545,9 k €	+242%	159,8 k €	+146%	64,8 k €	-49.8%	129 k €	+132%	55,7 k €	+120%	25,4 k €	-19.3%	31,4 k €	+38.8%	22,6 k €	-40.9%	38,3 k €	-44.4%	68,9 k €	-1.4%	69,9 k €	+5.0%	66,6 k €	+9.5%	60,8 k €	+818%	6,6 k €	+80.0%	3,7 k €	-35.9%	5,7 k €	-44.4%	10,3 k €	-49.0%	20,3 k €
Balance sheet
Equity	1,8 M €	+26.8%	1,4 M €	+39.6%	1 M €	+1.0%	1 M €	+6.8%	948,1 k €	+151%	377,3 k €	+17.3%	321,6 k €	+8.6%	296,2 k €	+11.9%	264,8 k €	+9.3%	242,2 k €	+18.8%	203,9 k €	-5.2%	215 k €	-2.3%	220,1 k €	+43.3%	153,6 k €	+65.5%	92,8 k €	+7.7%	86,1 k €	+4.5%	82,5 k €	+7.5%	76,7 k €	+15.5%	66,4 k €
Total assets	4,4 M €	-16.2%	5,2 M €	+27.9%	4,1 M €	+8.2%	3,8 M €	+50.6%	2,5 M €	-18.3%	3,1 M €	+16.4%	2,6 M €	+4.2%	2,5 M €	+44.1%	1,8 M €	-20.4%	2,2 M €	+41.3%	1,6 M €	+21.7%	1,3 M €	-27.2%	1,8 M €	+82.2%	966,5 k €	+56.2%	618,6 k €	-8.0%	672,7 k €	-28.1%	936,1 k €	-21.0%	1,2 M €	+55.3%	763,5 k €
Cash	227,7 k €	+16.1%	196,2 k €	+82.8%	107,3 k €	-70.8%	367,8 k €	+668%	47,9 k €	+123%	21,5 k €	+124%	9,6 k €	+2254%	407 €	-99.3%	54,5 k €	+131631%	41,4 €	-98.5%	2,8 k €	+37.9%	2 k €	-92.8%	28,2 k €	+27.0%	22,2 k €	-71.2%	77,2 k €	+15602%	491,8 €	+0.5%	489,5 €	-1.0%	494,6 €	-5.4%	522,6 €
Debts	2,6 M €	-32.4%	3,8 M €	+24.0%	3,1 M €	+10.9%	2,8 M €	+77.4%	1,6 M €	-42.1%	2,7 M €	+16.3%	2,3 M €	+3.7%	2,2 M €	+49.8%	1,5 M €	-24.0%	2 M €	+44.6%	1,4 M €	+27.1%	1,1 M €	-30.7%	1,5 M €	+89.5%	812,9 k €	+54.7%	525,4 k €	-10.4%	586,6 k €	-31.3%	853,6 k €	-23.0%	1,1 M €	+59.0%	697,1 k €
Other
Workforce	2,1 ETP	-43.2%	3,7 ETP	0.0%	3,7 ETP	+12.1%	3,3 ETP	+17.9%	2,8 ETP	+600%	0,4 ETP	+33.3%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	+200%	0,1 ETP		–		0,3 ETP	+200%	0,1 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Gad Zohori

Director

Active

Rose-Anne Schönberger

Director

Active

Ended mandates

Gad Zohori

Manager

Ended

Rose-Anne Schönberger

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	14/07/2026	14/07/2025	10/10/2024	18/07/2023	19/08/2022	28/10/2021
General meeting	30/06/2026	30/06/2025	07/10/2024	30/06/2023	11/08/2022	27/10/2021
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
Abridged model	31/12/2025	30/06/2026	14/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	14/07/2025	Dutch	PDF
Abridged modelCorrection	31/12/2023	07/10/2024	10/10/2024	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	02/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	18/07/2023	Dutch	PDF
Abridged model	31/12/2021	11/08/2022	19/08/2022	Dutch	PDF
Abridged model	31/12/2020	27/10/2021	28/10/2021	Dutch	PDF
Abridged model	31/12/2019	18/08/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	02/08/2019	06/08/2019	Dutch	PDF
Abridged model	31/12/2017	21/09/2018	25/09/2018	Dutch	PDF
Abridged model	31/12/2016	27/09/2017	28/09/2017	Dutch	PDF
Abridged model	31/12/2015	26/09/2016	28/09/2016	Dutch	PDF
Abridged model	31/12/2014	30/07/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	18/08/2014	Dutch	PDF
Abridged model	31/12/2012	25/04/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	26/04/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	28/04/2011	09/08/2011	Dutch	PDF
Abridged model	31/12/2009	29/04/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/04/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	24/04/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	26/04/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 2 active · 2 ended

Active mandates

Gad Zohori

Director

Active

Rose-Anne Schönberger

Director

Active

Ended mandates

Gad Zohori

Manager

Ended

Rose-Anne Schönberger

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/08/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other20/04/2011
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025437,8 k €↓
2024
Annual accounts 2024545,9 k €↑
2023
Annual accounts 2023159,8 k €↑
2022
Annual accounts 202264,8 k €↓
2021
Annual accounts 2021129 k €↑
2019
Annual accounts 201955,7 k €↑
2018
Annual accounts 201825,4 k €↓
2017
Annual accounts 201731,4 k €↑
2016
Annual accounts 201622,6 k €↓
2015
Annual accounts 201538,3 k €↓
2014
Annual accounts 201468,9 k €↓
2013
Annual accounts 201369,9 k €↑
2012
Annual accounts 201266,6 k €↑
2011
Annual accounts 201160,8 k €↑
2010
Annual accounts 20106,6 k €↑
2009
Annual accounts 20093,7 k €↓
2008
Annual accounts 20085,7 k €↓
2007
Annual accounts 200710,3 k €↓
2006
Annual accounts 200620,3 k €
13/06/1990
IncorporationPrivate 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

MULTI-G

Overview

What does MULTI-G do?

Trend over 19 financial years

Indicative valuation

Board of directors

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