ACTIVE

MULTIX

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Financial year 2025 · closed on 31/12/2025

Net result

71,8 k €

-11.2% YoY

Gross margin

113,6 k €

-9.9% YoY

Equity

671,9 k €

+3.7% YoY

What does MULTIX do?

MULTIX is a Private limited company incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in Ottignies-Louvain-la-Neuve.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.508.501

Incorporation

16/10/1992

Legal form

Private limited company

Registered office

Avenue Jean-Etienne Lenoir 8
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	113,6 k €	-9.9%	126,1 k €	+22.8%	102,7 k €	-4.8%	107,9 k €	-14.0%	125,6 k €	+18.5%	106,0 k €	+2.5%	103,4 k €	+108%	49,6 k €	-4.6%	52,0 k €	+3.4%	50,3 k €	-1.2%	50,9 k €	+2.8%	49,5 k €	+9.0%	45,4 k €	+780%	5,2 k €	-16.6%	6,2 k €	-26.1%	8,4 k €	+165%	-12,9 k €	-172%	17,8 k €	+341%	4,0 k €	+143%	-9,4 k €
EBITDA	101,6 k €	-11.4%	114,6 k €	+25.4%	91,4 k €	-6.3%	97,6 k €	-12.2%	111,1 k €	+15.8%	95,9 k €	+3.5%	92,7 k €	+207%	30,2 k €	-35.0%	46,4 k €	-6.2%	49,4 k €	+8.6%	45,5 k €	+3.3%	44,1 k €	+8.8%	40,5 k €	+2425%	-1,7 k €	-300%	-435,5 €	-8148%	-5,3 €	+100.0%	-26,8 k €	-310%	12,8 k €	+618%	1,8 k €	+117%	-10,3 k €
Operating result	96,6 k €	-11.7%	109,4 k €	+33.2%	82,1 k €	-7.3%	88,6 k €	-15.1%	104,3 k €	+13.9%	91,6 k €	+3.6%	88,4 k €	+186%	30,9 k €	-33.4%	46,4 k €	-6.2%	49,4 k €	+21.6%	40,7 k €	+16.8%	34,8 k €	+25.2%	27,8 k €	+192%	-30,3 k €	+10.4%	-33,8 k €	-20.6%	-28,1 k €	+39.5%	-46,4 k €	-585%	-6,8 k €	+70.8%	-23,2 k €	+34.3%	-35,3 k €
Net result	71,8 k €	-11.2%	80,8 k €	+36.3%	59,3 k €	-7.4%	64,1 k €	-17.5%	77,7 k €	+17.4%	66,1 k €	+7.7%	61,4 k €	+108%	29,5 k €	-35.2%	45,6 k €	-5.1%	48,0 k €	+26.9%	37,8 k €	+21.4%	31,2 k €	+35.6%	23,0 k €	+160%	-38,0 k €	-5.1%	-36,2 k €	+35.3%	-55,9 k €	-7.6%	-51,9 k €	-313%	-12,6 k €	+60.0%	-31,4 k €	-8.8%	-28,8 k €
Balance sheet
Equity	671,9 k €	+3.7%	648,1 k €	+5.3%	615,3 k €	+1.5%	605,9 k €	+1.7%	595,9 k €	+3.1%	578,2 k €	+1.1%	572,1 k €	+3.9%	550,7 k €	-2.5%	564,5 k €	+8.8%	519,0 k €	+10.2%	470,9 k €	+8.7%	433,1 k €	+7.8%	401,9 k €	+335%	-171,1 k €	-28.5%	-133,1 k €	-37.3%	-96,9 k €	-136%	-41,1 k €	-479%	10,8 k €	-53.7%	23,4 k €	-57.3%	54,8 k €
Total assets	734,6 k €	+0.5%	731,1 k €	+0.6%	726,9 k €	+2.9%	706,7 k €	-0.7%	711,9 k €	+0.7%	707,0 k €	+3.9%	680,8 k €	+9.5%	621,8 k €	-0.6%	625,6 k €	+4.7%	597,6 k €	+2.9%	580,8 k €	-15.6%	688,0 k €	+17.4%	586,1 k €	+1190%	45,4 k €	-45.0%	82,6 k €	-22.8%	107,0 k €	+1.3%	105,6 k €	-15.6%	125,2 k €	-22.1%	160,7 k €	-18.5%	197,3 k €
Cash	19,9 k €	-47.2%	37,7 k €	+48.3%	25,4 k €	-13.8%	29,5 k €	-18.7%	36,3 k €	+335%	8,3 k €	-73.7%	31,7 k €	-53.2%	67,6 k €	+45.5%	46,4 k €	+86.1%	25,0 k €	+179%	8,9 k €	-8.4%	9,8 k €		–		–		–		–		833,0 €	0.0%	833,0 €	+196%	281,8 €	-85.1%	1,9 k €
Debts	62,8 k €	-18.1%	76,7 k €	-27.4%	105,5 k €	+4.7%	100,8 k €	-13.1%	116,1 k €	-9.9%	128,8 k €	+18.5%	108,7 k €	+52.7%	71,2 k €	+16.6%	61,1 k €	-22.4%	78,7 k €	-28.4%	109,8 k €	-56.9%	254,9 k €	+38.4%	184,1 k €	-14.8%	216,2 k €	+0.4%	215,4 k €	+5.6%	203,9 k €	+39.0%	146,7 k €	+28.3%	114,4 k €	-16.7%	137,3 k €	-3.7%	142,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2017 · 3 active · 21 ended

Active mandates

ANDRE VAUSE

Managing director

Active

JEAN POL MILLAN

Managing director

Active

VINCENT MILLAN

Managing director

Active

Ended mandates

ANDRE VAUSE

Director · since 05 juin 2016 · until 05 juin 2022

Ended

JEAN POL MILLAN

Director · since 05 juin 2016 · until 05 juin 2022

Ended

VINCENT MILLAN

Managing director · since 05 juin 2016 · until 05 juin 2022

Ended

André VAUSE

Director · since 30 juin 2010 · until 30 juin 2016

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	06/08/2026	11/09/2025	23/07/2024	01/08/2023	28/09/2022	13/09/2021
General meeting	15/06/2026	16/06/2025	15/06/2024	15/06/2023	15/06/2022	05/07/2021
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
Micro model	31/12/2025	15/06/2026	06/08/2026	French	PDF
Micro model	31/12/2024	16/06/2025	11/09/2025	French	PDF
Micro model	31/12/2023	15/06/2024	23/07/2024	French	PDF
Micro model	31/12/2022	15/06/2023	01/08/2023	French	PDF
Micro model	31/12/2021	15/06/2022	28/09/2022	French	PDF
Micro model	31/12/2020	05/07/2021	13/09/2021	French	PDF
Micro model	31/12/2019	03/07/2020	03/12/2020	French	PDF
Micro model	31/12/2018	15/06/2019	16/10/2019	French	PDF
Micro model	31/12/2017	30/06/2018	04/07/2018	French	PDF
Abridged modelCorrection	31/12/2016	30/06/2017	30/01/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	09/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	04/07/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	30/06/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	01/08/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	05/07/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	24/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	06/11/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	15/10/2010	French	PDF
Abridged model	31/12/2008	19/05/2009	28/05/2009	French	PDF
Abridged model	31/12/2007	28/08/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	30/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2017 · 3 active · 21 ended

Active mandates

ANDRE VAUSE

Managing director

Active

JEAN POL MILLAN

Managing director

Active

VINCENT MILLAN

Managing director

Active

Ended mandates

ANDRE VAUSE

Director · since 05 juin 2016 · until 05 juin 2022

Ended

JEAN POL MILLAN

Director · since 05 juin 2016 · until 05 juin 2022

Ended

VINCENT MILLAN

Managing director · since 05 juin 2016 · until 05 juin 2022

Ended

André VAUSE

Director · since 30 juin 2010 · until 30 juin 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/04/2025
MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates17/01/2019
SIEGE SOCIAL - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Capital / shares18/01/2012
CAPITAL, ACTIONS
PDF
Mandates01/10/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates24/03/2005
DENOMINATION - SIEGE SOCIAL - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates23/12/2004
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 202571,8 k €↓
2024
Annual accounts 202480,8 k €↑
2023
Annual accounts 202359,3 k €↓
2022
Annual accounts 202264,1 k €↓
2021
Annual accounts 202177,7 k €↑
2020
Annual accounts 202066,1 k €↑
2019
Annual accounts 201961,4 k €↑
2018
Annual accounts 201829,5 k €↓
2017
Annual accounts 201745,6 k €↓
2016
Annual accounts 201648,0 k €↑
2015
Annual accounts 201537,8 k €↑
2014
Annual accounts 201431,2 k €↑
2013
Annual accounts 201323,0 k €↑
2012
Annual accounts 2012-38,0 k €↓
2011
Annual accounts 2011-36,2 k €↑
2010
Annual accounts 2010-55,9 k €↓
2009
Annual accounts 2009-51,9 k €↓
2008
Annual accounts 2008-12,6 k €↑
2007
Annual accounts 2007-31,4 k €↓
2006
Annual accounts 2006-28,8 k €
16/10/1992
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

MULTIX

Overview

What does MULTIX do?

Trend over 20 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