ACTIVE

MULTI WORK

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Financial year 2025 · closed on 31/12/2025
Net result
-49,1 k €
-189.9% YoY
Gross margin
861,8 k €
+29.0% YoY
Equity
278,3 k €
-15.0% YoY
Workforce
21,5 ETP
+18.1% YoY

What does MULTI WORK do?

MULTI WORK is a Public limited company incorporated in 2022. Its main activity is: Packaging activities. Its registered office is in Asse. It employs on average 21,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0780.669.757
Incorporation
20/01/2022
Legal form
Public limited company
Registered office
Edingsesteenweg 76
1730 Asse · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
21,5 ETP
Activities (NACE)
82920Packaging activities· main82920Packaging activities17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard46421Wholesale of clothing and footwear46421Wholesale of clothing and footwear+2
Contacts
3 public details availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin861,8 k €668 k €1,4 M €
EBITDA12,8 k €159,6 k €376,7 k €
Operating result-39,8 k €89,6 k €304,8 k €
Net result-49,1 k €54,6 k €211,2 k €
Balance sheet
Equity278,3 k €327,3 k €216,2 k €
Total assets592,4 k €731,5 k €593 k €
Cash68 k €85,8 k €36,1 k €
Debts312,1 k €396,6 k €375,5 k €
Other
Workforce21,5 ETP18,2 ETP29,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

Cihat OZKAN

Mandate

Active
At this address

Other companies at this address

CompanyCBE no.
Cammaert Tools● Active
0413.614.235
I.M. SOLUTIONS● Active
1035.892.395
Annual accounts

Full financial information

202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202420/01/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months24 months
Filing date02/08/202619/07/202518/05/2024
General meeting30/06/202625/06/202518/05/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202602/08/2026DutchPDF
Abridged model31/12/202425/06/202519/07/2025DutchPDF
Abridged model31/12/202318/05/202418/05/2024DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active

Active mandates

Cihat OZKAN

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office08/07/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares01/07/2024
    WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN
    PDF
  • Registered office06/02/2024
    SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS
    PDF
  • Other24/01/2022
    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. 2025
    Annual accounts 2025-49,1 k €↓
  2. 2024
    Annual accounts 202454,6 k €↓
  3. 2023
    Annual accounts 2023211,2 k €
  4. 20/01/2022
    IncorporationPublic limited company