ACTIVE

MULTI PESAGE

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Financial year 2025 · closed on 31/03/2025

Net result

106,3 k €

+47.5% YoY

Gross margin

178,5 k €

+34.0% YoY

Equity

328,2 k €

-26.2% YoY

What does MULTI PESAGE do?

MULTI PESAGE is a Private limited company incorporated in 2006. Its main activity is: Manufacture of other general-purpose machinery n.e.c.. Its registered office is in Eupen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0878.577.993

Incorporation

06/01/2006

Legal form

Private limited company

Registered office

Nöretherstrasse 57
4700 Eupen · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/03/2025

Activities (NACE)

28292Manufacture of other general-purpose machinery n.e.c.· main 28292Manufacture of other general-purpose machinery n.e.c.29242Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	178,5 k €	+34.0%	133,2 k €	-31.9%	195,5 k €	+8.0%	181,1 k €	+37.2%	132 k €	+18.2%	111,7 k €	-25.4%	149,8 k €	-3.5%	155,1 k €	+94.1%	79,9 k €	-16.7%	96 k €	+17.8%	81,4 k €	+164%	30,8 k €	-47.8%	59 k €	+69.7%	34,8 k €	-2.2%	35,6 k €	-33.2%	53,2 k €	+1.7%	52,4 k €	-2.5%	53,7 k €	-40.2%	89,8 k €
EBITDA	175 k €	+38.5%	126,3 k €	-33.1%	188,7 k €	+8.5%	173,9 k €	+35.0%	128,9 k €	+22.3%	105,3 k €	-26.7%	143,6 k €	+27.4%	112,7 k €	+129%	49,2 k €	-17.3%	59,5 k €	+41.8%	41,9 k €	+86.8%	22,4 k €	-61.0%	57,6 k €	+77.2%	32,5 k €	-3.4%	33,7 k €	-30.9%	48,7 k €	-5.6%	51,6 k €	-3.8%	53,6 k €	-39.3%	88,3 k €
Operating result	142,7 k €	+43.7%	99,3 k €	-38.9%	162,5 k €	+9.8%	148,1 k €	+56.8%	94,4 k €	+47.0%	64,2 k €	-42.8%	112,3 k €	+53.6%	73,1 k €	+194%	24,9 k €	-21.4%	31,6 k €	+128%	13,8 k €	+280%	-7,7 k €	-154%	14,4 k €	+14.0%	12,6 k €	+363%	-4,8 k €	-186%	5,6 k €	-42.7%	9,8 k €	-37.3%	15,6 k €	-65.3%	44,9 k €
Net result	106,3 k €	+47.5%	72 k €	-36.6%	113,6 k €	+6.7%	106,5 k €	+56.6%	68 k €	+47.0%	46,3 k €	-42.8%	80,9 k €	+45.2%	55,7 k €	+228%	17 k €	-28.7%	23,8 k €	+538%	3,7 k €	+174%	-5 k €	-260%	3,2 k €	-66.9%	9,5 k €	+262%	-5,9 k €	-278%	3,3 k €	-48.6%	6,5 k €	-49.1%	12,7 k €	-56.2%	29 k €
Balance sheet
Equity	328,2 k €	-26.2%	444,8 k €	-2.3%	455,1 k €	+15.5%	393,9 k €	+29.0%	305,5 k €	+16.2%	263 k €	+17.9%	223 k €	+54.0%	144,8 k €	+99.1%	72,7 k €	+30.5%	55,7 k €	+74.6%	31,9 k €	+13.2%	28,2 k €	-15.2%	33,2 k €	+10.5%	30,1 k €	+46.5%	20,5 k €	-66.9%	61,9 k €	-0.1%	62 k €	+5.2%	58,9 k €	+28.1%	46 k €
Total assets	710,8 k €	+19.7%	594 k €	+6.1%	559,7 k €	-10.7%	626,8 k €	+12.3%	558,2 k €	+40.1%	398,3 k €	+2.3%	389,4 k €	+19.4%	326,2 k €	+26.3%	258,2 k €	-0.0%	258,2 k €	+8.7%	237,5 k €	+0.3%	236,8 k €	+5.7%	224 k €	+126%	99 k €	-11.5%	111,9 k €	-20.2%	140,1 k €	-23.2%	182,4 k €	-0.5%	183,2 k €	-15.0%	215,5 k €
Cash	271,3 k €	-28.7%	380,2 k €	+24.1%	306,4 k €	-21.6%	391 k €	+39.5%	280,3 k €	+91.6%	146,3 k €	+9.3%	133,8 k €	+182%	47,4 k €	+2200%	2,1 k €	-90.3%	21,2 k €	+65.0%	12,9 k €	+211%	4,1 k €	-14.8%	4,9 k €	+356%	1,1 k €	-81.3%	5,7 k €	+492%	961,3 €	-88.9%	8,6 k €	+1456%	554,1 €	+592%	80 €
Debts	382,4 k €	+157%	148,8 k €	+43.2%	103,9 k €	-55.2%	231,9 k €	-7.8%	251,5 k €	+87.8%	134 k €	-18.6%	164,6 k €	-8.1%	179,2 k €	-3.4%	185,5 k €	-6.1%	197,6 k €	-3.9%	205,6 k €	-1.5%	208,7 k €	+9.4%	190,7 k €	+177%	68,9 k €	-24.5%	91,3 k €	+17.2%	77,9 k €	-34.9%	119,8 k €	-2.9%	123,4 k €	-27.2%	169,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 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 31/03/2025 · 2 active · 3 ended

Active mandates

Alain MÜLLENDER

Director · since 01 avril 2018

Active

Edgar MÜLLENDER

Director · since 06 janvier 2006

Active

Ended mandates

Alain MÜLLENDER

Manager · since 01 avril 2018

Ended

EDGAR MUELLENDER

Manager · since 06 janvier 2006

Ended

Edgar MÜLLENDER

Manager · since 06 janvier 2006

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/08/2025	25/10/2024	11/05/2023	27/10/2022	21/09/2021	21/09/2020
General meeting	14/08/2025	30/09/2024	09/05/2023	30/09/2022	17/09/2021	18/09/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	14/08/2025	18/08/2025	German	PDF
Micro model	31/03/2024	30/09/2024	25/10/2024	German	PDF
Micro model	31/03/2023	09/05/2023	11/05/2023	German	PDF
Micro model	31/03/2022	30/09/2022	27/10/2022	German	PDF
Micro model	31/03/2021	17/09/2021	21/09/2021	German	PDF
Micro model	31/03/2020	18/09/2020	21/09/2020	German	PDF
Micro model	31/03/2019	20/09/2019	30/09/2019	German	PDF
Micro model	31/03/2018	21/09/2018	24/09/2018	German	PDF
Micro model	31/03/2017	15/09/2017	20/09/2017	German	PDF
Abridged model	31/03/2016	16/09/2016	21/09/2016	German	PDF
Abridged model	31/03/2015	18/09/2015	29/09/2015	German	PDF
Abridged model	31/03/2014	19/09/2014	23/09/2014	German	PDF
Abridged model	31/03/2013	20/09/2013	30/09/2013	German	PDF
Abridged model	31/03/2012	21/09/2012	27/09/2012	German	PDF
Abridged model	31/03/2011	16/09/2011	05/10/2011	German	PDF
Abridged model	31/03/2010	17/09/2010	16/11/2010	German	PDF
Abridged model	31/03/2009	18/09/2009	07/10/2009	German	PDF
Abridged model	31/03/2008	19/09/2008	07/11/2008	German	PDF
Abridged model	31/03/2007	21/09/2007	27/09/2007	German	PDF

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 31/03/2025 · 2 active · 3 ended

Active mandates

Alain MÜLLENDER

Director · since 01 avril 2018

Active

Edgar MÜLLENDER

Director · since 06 janvier 2006

Active

Ended mandates

Alain MÜLLENDER

Manager · since 01 avril 2018

Ended

EDGAR MUELLENDER

Manager · since 06 janvier 2006

Ended

Edgar MÜLLENDER

Manager · since 06 janvier 2006

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/01/2024
SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, ) - AENDERUNG RECHTSFORM - GESELLSCHAFTSNAME - GESELLSCHAFTSSITZ - VERSCHIEDENES - ENTLASSUNG - ERNENNUNG
PDF
Mandates13/04/2018
ENTLASSUNG - ERNENNUNG
PDF
Capital / shares28/03/2006
VERSCHIEDENES - KAPITAL - AKTIEN
PDF
Other24/01/2006
RUBRIK GRUENDUNG (NEUE RECHTSPERSON, EROEFFNUNG FILIALE, USW)
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

2025
Annual accounts 2025106,3 k €↑
2025
Name changeMULTI PESAGE GmbH
2024
Annual accounts 202472 k €↓
2024
Name changeMULTI-PESAGE
2023
Annual accounts 2023113,6 k €↑
2022
Annual accounts 2022106,5 k €↑
2022
Name changeMULTI PESAGE MÜLLENDER EDGAR
2021
Annual accounts 202168 k €↑
2020
Annual accounts 202046,3 k €↓
2019
Annual accounts 201980,9 k €↑
2018
Annual accounts 201855,7 k €↑
2017
Annual accounts 201717 k €↓
2016
Annual accounts 201623,8 k €↑
2015
Annual accounts 20153,7 k €↑
2014
Annual accounts 2014-5 k €↓
2013
Annual accounts 20133,2 k €↓
2012
Annual accounts 20129,5 k €↑
2011
Annual accounts 2011-5,9 k €↓
2010
Annual accounts 20103,3 k €↓
2009
Annual accounts 20096,5 k €↓
2008
Annual accounts 200812,7 k €↓
2007
Annual accounts 200729 k €
06/01/2006
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MULTI PESAGE

Overview

What does MULTI PESAGE do?

Trend over 19 financial years

Indicative valuation

Board of directors

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