ACTIVE

MULTIGAS

Financial year 2025 · closed on 30/06/2025
Net result
613,1 k €
+51.6% YoY
Gross margin
2,2 M €
+23.8% YoY
Equity
750,7 k €
+81.9% YoY
Workforce
18,2 ETP
0.0% YoY

What does MULTIGAS do?

MULTIGAS is a Public limited company incorporated in 1991. Its registered office is in Gent. It employs on average 18,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.241.570
Incorporation
27/12/1991
Legal form
Public limited company
Registered office
Wiedauwkaai 109
9000 Gent · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
30/06/2025
Average workforce
18,2 ETP
Joint committees (4)
  • 127
  • 12702
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022200820072006
Income statement
Gross margin2,2 M €1,8 M €1,7 M €1,5 M €595,7 k €707,2 k €852,8 k €
EBITDA1 M €608,5 k €497,2 k €354,8 k €87,1 k €125,7 k €205,5 k €
Operating result727,4 k €408,8 k €456 k €210,1 k €3,7 k €29,2 k €55,9 k €
Net result613,1 k €404,4 k €458,3 k €185,3 k €88,6 k €31,1 k €52,3 k €
Balance sheet
Equity750,7 k €412,7 k €393,2 k €384,9 k €600 k €511,4 k €480,3 k €
Total assets2,5 M €2,2 M €1,9 M €1,8 M €2,4 M €3,3 M €3,5 M €
Cash614,7 k €321,4 k €507,2 k €380 k €77,5 k €121,2 k €75,4 k €
Debts1,2 M €1,2 M €938,1 k €669,1 k €802,7 k €1,6 M €1,7 M €
Other
Workforce18,2 ETP18,2 ETP19,3 ETP20,3 ETP11,9 ETP14,7 ETP16,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 31 ended

Active mandates

FINGAS

Managing director · since 09 octobre 2023 · until 20 novembre 2028 · 0446.241.867

Represented by Ingeborg SYMONS

Active

Ended mandates

Christina Symons

Director · since 25 juin 2018 · until 20 novembre 2023

Ended
Christina Symons

Director · since 25 juin 2018 · until 20 novembre 2028

Ended
Daisy Van Driessche

Director · since 25 juin 2018 · until 20 novembre 2023

Ended
Daisy Van Driessche

Director · since 25 juin 2018 · until 20 novembre 2028

Ended
At this address

Other companies at this address

CompanyCBE no.
COR - GASActive
0417.183.241
EMINDERMANActive
0644.792.454
FINGASActive
0446.241.867
GASIMActive
0446.241.768
R-I EuropeActive
0426.261.550
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/12/202526/11/202410/11/202324/11/202210/12/202125/09/2020
General meeting03/12/202513/11/202402/11/202314/11/202206/12/202111/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202503/12/202515/12/2025DutchPDF
Abridged model30/06/202413/11/202426/11/2024DutchPDF
Abridged model30/06/202302/11/202310/11/2023DutchPDF
Abridged model30/06/202214/11/202224/11/2022DutchPDF
Abridged model30/06/202106/12/202110/12/2021DutchPDF
Abridged model30/06/202011/09/202025/09/2020DutchPDF
Abridged model30/06/201909/12/201923/12/2019DutchPDF
Abridged model30/06/201819/11/201803/12/2018DutchPDF
Abridged model30/06/201706/11/201714/11/2017DutchPDF
Abridged model30/06/201621/11/201615/12/2016DutchPDF
Abridged model30/06/201502/11/201509/11/2015DutchPDF
Abridged model30/06/201417/11/201408/12/2014DutchPDF
Abridged model30/06/201320/09/201303/10/2013DutchPDF
Abridged model30/06/201219/11/201213/12/2012DutchPDF
Abridged model31/12/201030/06/201119/07/2011DutchPDF
Abridged model31/12/200907/06/201006/07/2010DutchPDF
Abridged model31/12/200801/06/200917/07/2009DutchPDF
Abridged model31/12/200702/06/200824/07/2008DutchPDF
Abridged model31/12/200605/06/200731/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/06/2025 · 1 active · 31 ended

Active mandates

FINGAS

Managing director · since 09 octobre 2023 · until 20 novembre 2028 · 0446.241.867

Represented by Ingeborg SYMONS

Active

Ended mandates

Christina Symons

Director · since 25 juin 2018 · until 20 novembre 2023

Ended
Christina Symons

Director · since 25 juin 2018 · until 20 novembre 2028

Ended
Daisy Van Driessche

Director · since 25 juin 2018 · until 20 novembre 2023

Ended
Daisy Van Driessche

Director · since 25 juin 2018 · until 20 novembre 2028

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/06/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Mandates27/11/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring18/07/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring30/05/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates28/12/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring13/07/2012
    ALGEMENE VERGADERING - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025613,1 k €
  2. 2024
    Annual accounts 2024404,4 k €
  3. 2023
    Annual accounts 2023458,3 k €
  4. 2022
    Annual accounts 2022185,3 k €
  5. 2008
    Annual accounts 200888,6 k €
  6. 2007
    Annual accounts 200731,1 k €
  7. 2006
    Annual accounts 200652,3 k €
  8. 27/12/1991
    IncorporationPublic limited company