ACTIVE

MULTI CONSTRUCTION

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Financial year 2025 · closed on 31/12/2025

Net result

-3,2 M €

+22.4% YoY

Gross margin

1,3 M €

-48.7% YoY

Equity

4 M €

-45.1% YoY

Workforce

16,1 ETP

-3.6% YoY

What does MULTI CONSTRUCTION do?

MULTI CONSTRUCTION is a Private limited company incorporated in 1997. Its main activity is: Construction of buildings. Its registered office is in Destelbergen. It employs on average 16,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.644.585

Incorporation

09/05/1997

Legal form

Private limited company

Registered office

Molenweidestraat(HEU) 24
9070 Destelbergen · FlandreSee on map

Contributed capital

9 050 000,00 €

Latest accounts

31/12/2025

Average workforce

16,1 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles

Joint committees (2)

Signals

Good liquidityPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,3 M €	-48.7%	2,5 M €	+24.8%	2 M €	+33.5%	1,5 M €	+103%	743,4 k €		–		–		–		–		1,8 M €	+103%	898,8 k €	+21.7%	738,7 k €	-9.4%	815,7 k €	+37.1%	594,8 k €
EBITDA	101 k €	-90.9%	1,1 M €	-0.8%	1,1 M €	+88.8%	595,6 k €	+755%	-90,9 k €	+44.8%	-164,7 k €	-306%	79,9 k €	-89.2%	742,8 k €	+31.7%	564 k €	-48.6%	1,1 M €	+495%	184,4 k €	+793%	20,6 k €	-93.8%	331,5 k €	+225%	101,9 k €
Operating result	4,9 M €	+224%	-4 M €	-485%	1 M €	+98.4%	518,6 k €	+220%	-431,1 k €	+18.4%	-528,5 k €	-741%	82,4 k €	-88.0%	683,9 k €	+36.8%	499,9 k €	-50.8%	1 M €	+585%	148,2 k €	+3158%	-4,8 k €	-101%	325,8 k €	+209%	105,5 k €
Net result	-3,2 M €	+22.4%	-4,2 M €	-535%	961,6 k €	+35.8%	708,1 k €	+246%	-485,1 k €	+35.3%	-749,4 k €	-387%	261,5 k €	-68.4%	826,8 k €	+26.5%	653,5 k €	+17.1%	558,2 k €	+221%	173,7 k €	+204%	-167,2 k €	-295%	85,5 k €	+1338%	6 k €
Balance sheet
Equity	4 M €	-45.1%	7,2 M €	-39.2%	11,8 M €	+1.2%	11,7 M €	+4.1%	11,2 M €	+10.9%	10,1 M €	-6.9%	10,9 M €	+2.5%	10,6 M €	+5.2%	10,1 M €	+3.6%	9,8 M €	+6.1%	9,2 M €	+1.9%	9 M €	+183%	3,2 M €	+87.4%	1,7 M €
Total assets	23,7 M €	-0.2%	23,8 M €	-18.5%	29,2 M €	+35.6%	21,5 M €	+27.8%	16,8 M €	-13.8%	19,6 M €	+21.6%	16,1 M €	+12.3%	14,3 M €	+1.9%	14,1 M €	-10.6%	15,7 M €	+33.8%	11,7 M €	-1.8%	12 M €	+12.2%	10,7 M €	+1.8%	10,5 M €
Cash	121,9 k €	-72.6%	445,6 k €	+87.4%	237,8 k €	+205%	78 k €	-47.4%	148,2 k €	-70.2%	497,3 k €	+112%	234,3 k €	-87.7%	1,9 M €	+1528%	117 k €	-57.2%	273,7 k €	+49.7%	182,8 k €	+124%	81,4 k €	-26.6%	111 k €	-71.8%	393,9 k €
Debts	19,8 M €	+19.2%	16,6 M €	-4.4%	17,4 M €	+92.0%	9 M €	+91.5%	4,7 M €	-44.7%	8,5 M €	+98.0%	4,3 M €	+65.4%	2,6 M €	-17.6%	3,2 M €	-46.9%	6 M €	+163%	2,3 M €	-22.1%	2,9 M €	-52.0%	6,1 M €	+13.8%	5,3 M €
Other
Workforce	16,1 ETP	-3.6%	16,7 ETP	+5.7%	15,8 ETP	-15.5%	18,7 ETP	+5.1%	17,8 ETP	-17.2%	21,5 ETP	-0.9%	21,7 ETP	-6.1%	23,1 ETP	+4.5%	22,1 ETP	+7.3%	20,6 ETP	-4.6%	21,6 ETP	+0.9%	21,4 ETP	+0.5%	21,3 ETP	+213%	6,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

FLODER

Bestuurder · 0450.460.674

Represented by Thomas De Witte

Active

Ended mandates

Thomas De Witte

Manager · since 12 septembre 2005 · until 12 septembre 2011

Ended

FLODER

Manager · since 13 juin 2005 · until 13 juin 2011 · 0450.460.674

Represented by Michel Derck

Ended

CONTINENTAL STAY

Manager · 0465.238.031

Represented by THOMAS DE WITTE

Ended

FLODER

Director · 0450.460.674

Represented by Thomas De Witte

Ended

At this address

Other companies at this address

Company	CBE no.
CREATIVE CONSTRUCTION and RENOVATION● Active	0417.751.185
GEOSPARC● Active	0808.353.458
POORTACKERE● Active	0464.249.720
TIGER POWER● Bankrupt	0633.892.525

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	22/07/2026	15/07/2025	14/06/2024	08/06/2023	13/06/2022	06/07/2021
General meeting	24/06/2026	12/05/2025	13/05/2024	08/05/2023	09/05/2022	10/05/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	24/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	12/05/2025	15/07/2025	Dutch	PDF
Abridged model	31/12/2023	13/05/2024	14/06/2024	Dutch	PDF
Abridged model	31/12/2022	08/05/2023	08/06/2023	Dutch	PDF
Abridged model	31/12/2021	09/05/2022	13/06/2022	Dutch	PDF
Abridged model	31/12/2020	10/05/2021	06/07/2021	Dutch	PDF
Abridged modelCorrection	31/12/2019	18/06/2021	21/06/2021	Dutch	PDF
Abridged modelCorrection	31/12/2019	19/08/2020	17/11/2020	Dutch	PDF
Abridged model	31/12/2019	19/08/2020	21/08/2020	Dutch	PDF
Abridged model	31/12/2018	01/10/2019	08/10/2019	Dutch	PDF
Abridged model	31/12/2017	26/09/2018	22/11/2018	Dutch	PDF
Full model	31/12/2016	26/09/2017	05/10/2017	Dutch	PDF
Full model	31/12/2015	14/12/2016	15/12/2016	Dutch	PDF
Full model	31/12/2014	11/05/2015	16/02/2016	Dutch	PDF
Full model	31/12/2013	12/05/2014	28/08/2014	Dutch	PDF
Full model	31/12/2012	13/05/2013	31/07/2013	Dutch	PDF
Full model	31/12/2011	14/05/2012	23/08/2012	Dutch	PDF
Abridged model	31/12/2010	09/05/2011	08/08/2011	Dutch	PDF
Abridged model	31/12/2009	10/05/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	11/05/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	13/05/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	14/05/2007	14/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active · 6 ended

Active mandates

FLODER

Bestuurder · 0450.460.674

Represented by Thomas De Witte

Active

Ended mandates

Thomas De Witte

Manager · since 12 septembre 2005 · until 12 septembre 2011

Ended

FLODER

Manager · since 13 juin 2005 · until 13 juin 2011 · 0450.460.674

Represented by Michel Derck

Ended

CONTINENTAL STAY

Manager · 0465.238.031

Represented by THOMAS DE WITTE

Ended

FLODER

Director · 0450.460.674

Represented by Thomas De Witte

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/06/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/03/2018
MAATSCHAPPELIJKE ZETEL
PDF
Registered office20/01/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/01/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2011
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/11/2008
KAPITAAL - AANDELEN
PDF
Capital / shares21/11/2007
KAPITAAL - AANDELEN
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 2025-3,2 M €↑
2024
Annual accounts 2024-4,2 M €↓
2023
Annual accounts 2023961,6 k €↑
2022
Annual accounts 2022708,1 k €↑
2021
Annual accounts 2021-485,1 k €↑
2014
Annual accounts 2014-749,4 k €↓
2013
Annual accounts 2013261,5 k €↓
2012
Annual accounts 2012826,8 k €↑
2011
Annual accounts 2011653,5 k €↑
2010
Annual accounts 2010558,2 k €↑
2009
Annual accounts 2009173,7 k €↑
2008
Annual accounts 2008-167,2 k €↓
2007
Annual accounts 200785,5 k €↑
2006
Annual accounts 20066 k €
09/05/1997
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 CONSTRUCTION

Overview

What does MULTI CONSTRUCTION do?

Trend over 14 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