ACTIVE

Multilas Services

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Financial year 2025 · closed on 31/12/2025
Net result
292,8 k €
-3.5% YoY
Gross margin
877,3 k €
+18.9% YoY
Equity
802 k €
+57.5% YoY
Workforce
6,5 ETP
+35.4% YoY

What does Multilas Services do?

Multilas Services is a Private limited company incorporated in 2020. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Mortsel. It employs on average 6,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0748.850.688
Incorporation
23/06/2020
Legal form
Private limited company
Registered office
Vredebaan 69
2640 Mortsel · FlandreSee on map
Contributed capital
24 900,00 €
Latest accounts
31/12/2025
Average workforce
6,5 ETP
Activities (NACE)
25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main25620Machining24200Manufacture of tubes, pipes, hollow profiles and related fittings, of steel24200Manufacture of tubes, pipes, hollow profiles and related fittings, of steel25110Manufacture of metal structures and parts of structures25110Manufacture of metal structures and parts of structures+2
Joint committees (3)
  • 111
  • 11101
  • 20900
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin877,3 k €738 k €288,9 k €155,3 k €191 k €
EBITDA464,9 k €417,8 k €118,6 k €44,2 k €134,5 k €
Operating result403,5 k €409,8 k €88 k €30,7 k €126,3 k €
Net result292,8 k €303,5 k €67,6 k €22,6 k €90,5 k €
Balance sheet
Equity802 k €509,2 k €205,6 k €138 k €115,4 k €
Total assets1,6 M €910 k €459,1 k €266,7 k €240,7 k €
Cash236,4 k €401,4 k €93,5 k €77,4 k €33,5 k €
Debts746,8 k €400,9 k €253,5 k €128,7 k €125,3 k €
Other
Workforce6,5 ETP4,8 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 2 ended

Active mandates

KMV Management

Director · since 08 juin 2026 · 1025.908.226

Represented by Kevin Michiels

Active
Kevin Michiels

Managing director · since 04 juillet 2025

Active
STEVE MEES MANAGEMENT

Director · since 04 juillet 2025 · 0749.651.335

Represented by Steve Mees

Active
Technogas

Managing director · since 04 juillet 2025 · 0405.997.458

Represented by Laurent Femont

Active

Ended mandates

Kevin De Maeyer

Director · since 08 février 2021

Ended
Kevin Michiels

Director · since 08 février 2021

Ended
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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202213/06/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months19 months
Filing date08/07/202603/07/202501/07/202427/07/202304/10/2022
General meeting12/06/202630/06/202517/05/202430/05/202320/05/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202608/07/2026DutchPDF
Abridged model31/12/202430/06/202503/07/2025DutchPDF
Micro model31/12/202317/05/202401/07/2024DutchPDF
Micro model31/12/202230/05/202327/07/2023DutchPDF
Micro model31/12/202120/05/202204/10/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 4 active · 2 ended

Active mandates

KMV Management

Director · since 08 juin 2026 · 1025.908.226

Represented by Kevin Michiels

Active
Kevin Michiels

Managing director · since 04 juillet 2025

Active
STEVE MEES MANAGEMENT

Director · since 04 juillet 2025 · 0749.651.335

Represented by Steve Mees

Active
Technogas

Managing director · since 04 juillet 2025 · 0405.997.458

Represented by Laurent Femont

Active

Ended mandates

Kevin De Maeyer

Director · since 08 février 2021

Ended
Kevin Michiels

Director · since 08 février 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/11/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/02/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other25/06/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2025
    Annual accounts 2025292,8 k €↓
  2. 2024
    Annual accounts 2024303,5 k €↑
  3. 2023
    Annual accounts 202367,6 k €↑
  4. 2022
    Annual accounts 202222,6 k €↓
  5. 2022
    Name changeMultilas Services
  6. 2021
    Annual accounts 202190,5 k €
  7. 2021
    Name changeMultilas Services (Nieuw)
  8. 23/06/2020
    IncorporationPrivate limited company