ACTIVE

MULTITEL

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result-132,2 k €-168,8 %over 1 year

Revenue2,8 M €-25,2 %over 1 year

Equity3,6 M €-13,8 %over 1 year

Workforce85,6 ETP+9,3 %over 1 year

Identity

Source · BCE/KBO

MULTITEL is a Non-profit organization incorporated in 1999. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Mons. It employs on average 85,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0470.813.848
Incorporation: 29/12/1999
Legal form: Non-profit organization
Registered office: Rue Pierre et Marie Curie 2
7000 Mons · WallonieSee on map
Latest accounts: 31/12/2025
Average workforce: 85,6 ETP

Activities (NACE)

72109Research and experimental development on natural sciences and engineering· main 72190Other research and experimental development on natural sciences and engineering 73100Advertising

Joint committees (3)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	2,8 M €	-25.2%	3,7 M €	-3.2%	3,8 M €	+2.7%	3,7 M €	+21.9%	3 M €
EBITDA	847,7 k €	-1.7%	862,4 k €	-36.7%	1,4 M €	+101%	678 k €	-0.8%	683,7 k €
Operating result	-497,7 k €	-89.1%	-263,2 k €	+29.3%	-372,2 k €	-124%	-166 k €	-264778%	62,7 €
Net result	-132,2 k €	-169%	192,1 k €	+187%	67 k €	+376%	14,1 k €	-91.9%	173,8 k €
Balance sheet
Equity	3,6 M €	-13.8%	4,2 M €	-7.2%	4,5 M €	-9.1%	5 M €	+19.3%	4,2 M €
Total assets	7,3 M €	-55.8%	16,5 M €	-5.5%	17,5 M €	-2.4%	17,9 M €	+1.5%	17,6 M €
Cash	1,1 M €	-69.0%	3,5 M €	-38.9%	5,7 M €	-1.0%	5,8 M €	-5.6%	6,1 M €
Debts	3,6 M €	-71.0%	12,3 M €	-4.8%	12,9 M €	+0.2%	12,9 M €	-4.0%	13,4 M €
Other
Workforce	85,6 ETP	+9.3%	78,3 ETP	+20.8%	64,8 ETP	+7.8%	60,1 ETP	-2.1%	61,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 20 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gauthier COIRBAY	Director01/01/2025 → 08/04/2030
Thomas DI PIETRO	Director19/12/2024 → 08/04/2030
Jean-Jacques QUISQUATER	Director01/07/2018 → 22/06/2026
Aloys du BOIS d'AISCHE	Director23/06/2022 → 22/06/2026
Etienne POURBAIX	Director01/07/2018 → 22/06/2026
Jean SAUSSEZ	Director26/11/2018 → 22/06/2026
Jonathan PISANE	Director23/06/2022 → 22/06/2026
Jacques VERLY	Director01/07/2017 → 30/06/2025
IMBC SPINNOVA0870.661.013Represented by Serge DEMOULIN	Directorsince 22/06/2018Mandate2023 accountsended
"I.D.E.A. S.C"0201.105.843Represented by Maité DUFRASNE	DirectorMandate2023 accountsended
Faculté Polytechnique de Mons0207.633.844Represented by Joël HANCQ	Chairman of the board of directorsDirector2008 accountsendedMandate2023 accountsended
Université Catholique de Louvain0419.052.272Represented by Benoît MACQ	DirectorMandate2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anthony VAN PUTTE	Director23/06/2022 → 2024 accounts
Patrick VAN HELLEPUTTE	Director23/06/2022 → 2024 accounts

Other companies at this address

Rue Pierre et Marie Curie 2 7000 Mons

Company	CBE no.
EURO-MULTITEL● Active	0564.943.143
Wal-Tech● Active	0480.583.134

Full financial information

Source · NBB

	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	29/06/2026	15/07/2025	18/07/2024	30/06/2023	30/06/2022	28/07/2021
General meeting	18/06/2026	16/06/2025	26/06/2024	20/06/2023	23/06/2022	28/06/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	18/06/2026	29/06/2026	French	PDF
Full model	31/12/2024	16/06/2025	15/07/2025	French	PDF
Full model	31/12/2023	26/06/2024	18/07/2024	French	PDF
Full model	31/12/2022	20/06/2023	30/06/2023	French	PDF
Full model	31/12/2021	23/06/2022	30/06/2022	French	PDF
Full model	31/12/2020	28/06/2021	28/07/2021	French	PDF
Full model	31/12/2019	22/06/2020	24/07/2020	French	PDF
Full model	31/12/2018	27/06/2019	26/07/2019	French	PDF
Full model	31/12/2017	22/06/2018	29/06/2018	French	PDF
Full model	31/12/2016	21/06/2017	20/07/2017	French	PDF
Full model	31/12/2015	21/06/2016	09/08/2016	French	PDF
Full model	31/12/2014	29/06/2015	30/07/2015	French	PDF
Full model	31/12/2013	20/06/2014	04/07/2014	French	PDF
Full model	31/12/2012	20/06/2013	04/07/2013	French	PDF
Full model	31/12/2011	29/06/2012	27/07/2012	French	PDF
Full model	31/12/2010	22/06/2011	29/06/2011	French	PDF
Full model	31/12/2009	23/06/2010	24/08/2010	French	PDF
Full model	31/12/2008	24/06/2009	28/07/2009	French	PDF
Full model	31/12/2007	19/06/2008	10/07/2008	French	PDF
Full model	31/12/2006	19/06/2007	22/08/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 20 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gauthier COIRBAY	Director01/01/2025 → 08/04/2030
Thomas DI PIETRO	Director19/12/2024 → 08/04/2030
Jean-Jacques QUISQUATER	Director01/07/2018 → 22/06/2026
Aloys du BOIS d'AISCHE	Director23/06/2022 → 22/06/2026
Etienne POURBAIX	Director01/07/2018 → 22/06/2026
Jean SAUSSEZ	Director26/11/2018 → 22/06/2026
Jonathan PISANE	Director23/06/2022 → 22/06/2026
Jacques VERLY	Director01/07/2017 → 30/06/2025
IMBC SPINNOVA0870.661.013Represented by Serge DEMOULIN	Directorsince 22/06/2018Mandate2023 accountsended
"I.D.E.A. S.C"0201.105.843Represented by Maité DUFRASNE	DirectorMandate2023 accountsended
Faculté Polytechnique de Mons0207.633.844Represented by Joël HANCQ	Chairman of the board of directorsDirector2008 accountsendedMandate2023 accountsended
Université Catholique de Louvain0419.052.272Represented by Benoît MACQ	DirectorMandate2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anthony VAN PUTTE	Director23/06/2022 → 2024 accounts
Patrick VAN HELLEPUTTE	Director23/06/2022 → 2024 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/09/2026
Administrateurs (démission/fin de mandat/nomination) - Mandats
PDF
Mandates10/07/2025
DEMISSIONS, NOMINATIONS
PDF
Other20/06/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates25/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates20/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates12/02/2024
DEMISSIONS, NOMINATIONS
PDF
Other08/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates30/11/2023
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Gauthier COIRBAY

Thomas DI PIETRO

Jean-Jacques QUISQUATER

Etienne POURBAIX

Aloys du BOIS d'AISCHE

Jean SAUSSEZ

Jonathan PISANE

Jacques VERLY

"I.D.E.A. S.C"

Faculté Polytechnique de Mons

Université Catholique de Louvain

IMBC SPINNOVA

Show the 20 other mandates

19992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

MULTITEL

Rue Pierre et Marie Curie 2, 7000 Mons

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Pierre et Marie Curie 2, 7000 MonsCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00227389

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MULTITELCurrent	accounts 2008 → 2025	Accounts 2025 · 2026-00227389

Events

2025
Annual accounts 2025-132,2 k €↓
2024
Annual accounts 2024192,1 k €↑
2023
Annual accounts 202367 k €↑
2022
Annual accounts 202214,1 k €↓
2021
Annual accounts 2021173,8 k €↓
2020
Annual accounts 2020475,7 k €↑
2019
Annual accounts 201994,8 €↓
2018
Annual accounts 20185,3 k €↑
2017
Annual accounts 20172,4 k €↑
2016
Annual accounts 20162,1 k €↑
2015
Annual accounts 20152,1 k €↓
2014
Annual accounts 201410,5 k €↓
2013
Annual accounts 201312,3 k €↑
2012
Annual accounts 20122,8 k €↓
2011
Annual accounts 201110,4 k €↑
2010
Annual accounts 20106,2 k €↓
2009
Annual accounts 200926,6 k €↓
2008
Annual accounts 200871,1 k €
29/12/1999
IncorporationNon-profit organization

MULTITEL

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events