NORMAL SITUATION

MULTILAND

Financial year 2025 · closed on 18/12/2025
Net result
459,4 €
+102.8% YoY
Gross margin
2,2 k €
+119.3% YoY
Equity
-371,9 k €
+0.1% YoY

Company — Normal situation.

What does MULTILAND do?

MULTILAND is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0642.832.064
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
18/12/2025
Joint committees (2)
  • 100
  • 201
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520252024202320222021202020192018
Income statement
Gross margin2,2 k €-11,6 k €-20,7 k €-437,4 k €233,9 k €166,9 k €272,2 k €273 k €280,2 k €
EBITDA1,8 k €-18,8 k €-54,2 k €-545,4 k €95,9 k €12,7 k €105,4 k €74,9 k €92,4 k €
Operating result609,4 €-29,7 k €-80,8 k €-560,6 k €87,4 k €6,6 k €85,1 k €54,6 k €73,4 k €
Net result459,4 €-16,2 k €-106,7 k €-564,2 k €56,2 k €771,3 €65,5 k €20 k €41,6 k €
Balance sheet
Equity-371,9 k €-372,3 k €-356,1 k €-249,4 k €314,7 k €258,5 k €257,8 k €192,3 k €172,2 k €
Total assets49,2 k €108,1 k €280,9 k €394,8 k €1,2 M €1,2 M €1,4 M €1,3 M €1,9 M €
Cash2,6 k €38,1 k €131,1 k €233 k €481,4 k €169,5 k €288,3 k €84,6 k €
Debts421 k €480,5 k €637,1 k €644,3 k €836,6 k €909,7 k €1,1 M €1,1 M €1,6 M €
Other
Workforce3,4 ETP3,9 ETP4,6 ETP4,9 ETP5,1 ETP5,4 ETP
Governance

Board of directors

Seen on filing of 18/12/2025 · 1 active · 4 ended

Active mandates

Sammy Heeren

Director · since 03 février 2024

Active

Ended mandates

Amandus Heeren

Director · since 04 novembre 2015 · until 02 février 2024

Ended
Amandus Heeren

Director · since 04 novembre 2015

Ended
Amandus Heeren

Manager · since 04 novembre 2015

Ended
Sammy Heeren

Director

Ended
Annual accounts

Full financial information

202520252024202320222021
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202501/10/202401/10/202301/10/202201/10/202101/10/2020
Closing of the financial year18/12/202530/09/202530/09/202430/09/202330/09/202230/09/2021
Length of the financial year3 months12 months12 months12 months12 months12 months
Filing date28/07/202630/03/202630/04/202530/04/202427/04/202316/05/2022
General meeting30/06/202627/03/202631/03/202531/03/202431/03/202325/03/2022
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model18/12/202530/06/202628/07/2026DutchPDF
Micro model30/09/202527/03/202630/03/2026DutchPDF
Micro model30/09/202431/03/202530/04/2025DutchPDF
Abridged model30/09/202331/03/202430/04/2024DutchPDF
Abridged model30/09/202231/03/202327/04/2023DutchPDF
Abridged model30/09/202125/03/202216/05/2022DutchPDF
Abridged model30/09/202016/04/202128/05/2021DutchPDF
Abridged model30/09/201931/03/202028/05/2020DutchPDF
Abridged model30/09/201829/03/201930/04/2019DutchPDF
Abridged model30/09/201731/03/201827/04/2018DutchPDF
Estimate

Indicative valuation

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 18/12/2025 · 1 active · 4 ended

Active mandates

Sammy Heeren

Director · since 03 février 2024

Active

Ended mandates

Amandus Heeren

Director · since 04 novembre 2015 · until 02 février 2024

Ended
Amandus Heeren

Director · since 04 novembre 2015

Ended
Amandus Heeren

Manager · since 04 novembre 2015

Ended
Sammy Heeren

Director

Ended
Shareholders

Ownership and network

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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 2025459,4 €
  2. 2025
    Annual accounts 2025-16,2 k €
  3. 2024
    Annual accounts 2024-106,7 k €
  4. 2023
    Annual accounts 2023-564,2 k €
  5. 2022
    Annual accounts 202256,2 k €
  6. 2021
    Annual accounts 2021771,3 €
  7. 2020
    Annual accounts 202065,5 k €
  8. 2019
    Annual accounts 201920 k €
  9. 2018
    Annual accounts 201841,6 k €