ACTIVE

MULTITHERM

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Financial year 2024 · closed on 31/12/2024
Net result
-57,1 k €
-804.8% YoY
Gross margin
29,3 k €
-11.6% YoY
Equity
6,2 k €
-90.2% YoY

What does MULTITHERM do?

MULTITHERM is a Private limited company incorporated in 2014. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Ixelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0507.737.689
Incorporation
24/12/2014
Legal form
Private limited company
Registered office
Avenue Louise 65
1050 Ixelles · BruxellesSee on map
Contributed capital
7 000,00 €
Latest accounts
31/12/2024
Activities (NACE)
43221Plumbing, heat and air-conditioning installation· main43221Plumbing, heat and air-conditioning installation
Signals
Healthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20242023202220212020201920172016
Income statement
Gross margin29,3 k €33,1 k €44,9 k €54,9 k €10,1 k €16,7 k €12,9 k €9,7 k €
EBITDA-40,4 k €6,5 k €19,2 k €27,6 k €6,1 k €15 k €12,2 k €8,9 k €
Operating result-50,8 k €-3,3 k €9,6 k €25,5 k €5,8 k €14,7 k €12,2 k €8,1 k €
Net result-57,1 k €-6,3 k €2,7 k €16,9 k €4,5 k €10,6 k €9,6 k €5 k €
Balance sheet
Equity6,2 k €63,3 k €69,6 k €66,9 k €50 k €45,6 k €21,6 k €12 k €
Total assets47,1 k €75 k €83,3 k €103,3 k €59,5 k €76,7 k €28,5 k €15,5 k €
Cash25,9 k €6,8 k €13 k €22,1 k €12,9 k €439,6 €2,3 k €261,9 €
Debts40,9 k €11,7 k €13,7 k €36,4 k €9,5 k €31,2 k €6,9 k €3,4 k €
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 31/12/2024 · 1 active · 2 ended

Active mandates

Abderrahim HASSUN

Director

Active

Ended mandates

Adberrahim HASSUN

Manager

Ended
MOUNIR HASSUN

Manager

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202301/07/202201/07/202101/07/202001/07/201901/07/2018
Closing of the financial year31/12/202430/06/202330/06/202230/06/202130/06/202030/06/2019
Length of the financial year18 months12 months12 months12 months12 months12 months
Filing date16/10/202508/02/202427/01/202301/02/202214/12/202029/01/2020
General meeting30/01/202530/01/202427/01/202327/01/202210/12/202012/12/2019
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/01/202516/10/2025FrenchPDF
Micro model30/06/202330/01/202408/02/2024FrenchPDF
Micro model30/06/202227/01/202327/01/2023FrenchPDF
Micro model30/06/202127/01/202201/02/2022FrenchPDF
Micro model30/06/202010/12/202014/12/2020FrenchPDF
Micro model30/06/201912/12/201929/01/2020FrenchPDF
Micro model30/06/201714/12/201731/01/2018FrenchPDF
Abridged model30/06/201608/12/201627/01/2017FrenchPDF
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 31/12/2024 · 1 active · 2 ended

Active mandates

Abderrahim HASSUN

Director

Active

Ended mandates

Adberrahim HASSUN

Manager

Ended
MOUNIR HASSUN

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other28/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Registered office07/02/2020
    SIEGE SOCIAL
    PDF
  • Mandates29/01/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Other07/01/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2024
    Annual accounts 2024-57,1 k €↓
  2. 2023
    Annual accounts 2023-6,3 k €↓
  3. 2022
    Annual accounts 20222,7 k €↓
  4. 2021
    Annual accounts 202116,9 k €↑
  5. 2020
    Annual accounts 20204,5 k €↓
  6. 2019
    Annual accounts 201910,6 k €↑
  7. 2017
    Annual accounts 20179,6 k €↑
  8. 2016
    Annual accounts 20165 k €
  9. 24/12/2014
    IncorporationPrivate limited company