ACTIVE

MULTIPLE-ARCHITECTURE &URBANISM

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Financial year 2025 · closed on 31/12/2025

Net result

41,3 k €

-65.8% YoY

Gross margin

86 k €

-59.9% YoY

Equity

313,4 k €

-1.4% YoY

What does MULTIPLE-ARCHITECTURE &URBANISM do?

MULTIPLE-ARCHITECTURE &URBANISM is a Private limited company incorporated in 2008. Its main activity is: Architectural activities. Its registered office is in Woluwe-Saint-Lambert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0895.037.113

Incorporation

18/01/2008

Legal form

Private limited company

Registered office

Rue de la Cambre 278A
1200 Woluwe-Saint-Lambert · BruxellesSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

71111Architectural activities· main 71111Architectural activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	86 k €	-59.9%	214,4 k €	+212%	68,6 k €	-30.2%	98,3 k €	+16.6%	84,3 k €	+0.1%	84,2 k €	-22.1%	108,1 k €	+165%	40,8 k €	-33.3%	61,3 k €	+71.8%	35,7 k €	+42.9%	25 k €	+8.1%	23,1 k €	+74.5%	13,2 k €	-29.6%	18,8 k €	+215%	6 k €	+16.9%	5,1 k €	-81.5%	27,7 k €	-10.4%	30,9 k €
EBITDA	85,6 k €	-54.4%	187,7 k €	+176%	68 k €	-30.4%	97,7 k €	+16.7%	83,7 k €	+0.2%	83,6 k €	-17.3%	101,1 k €	+162%	38,6 k €	-24.8%	51,3 k €	+49.6%	34,3 k €	+50.4%	22,8 k €	+30.8%	17,4 k €	+42.7%	12,2 k €	-31.7%	17,9 k €	+268%	4,9 k €	+13.8%	4,3 k €	-83.8%	26,4 k €	-10.8%	29,6 k €
Operating result	60,3 k €	-65.2%	173,1 k €	+273%	46,5 k €	-41.2%	79 k €	+21.0%	65,3 k €	-4.6%	68,4 k €	-20.0%	85,5 k €	+223%	26,5 k €	-31.7%	38,7 k €	+55.8%	24,9 k €	+30.5%	19 k €	+41.7%	13,4 k €	+107%	6,5 k €	-51.1%	13,3 k €	+415%	2,6 k €	+35.1%	1,9 k €	-92.1%	24 k €	-18.8%	29,6 k €
Net result	41,3 k €	-65.8%	121 k €	+284%	31,5 k €	-37.3%	50,2 k €	+43.7%	35 k €	-22.4%	45 k €	-28.8%	63,3 k €	+286%	16,4 k €	-28.0%	22,8 k €	+46.0%	15,6 k €	+29.7%	12 k €	+111%	5,7 k €	+211%	1,8 k €	-75.6%	7,5 k €	+730%	906,4 €	+30.5%	694,3 €	-96.0%	17,5 k €	+2.6%	17 k €
Balance sheet
Equity	313,4 k €	-1.4%	318 k €	+21.8%	261,2 k €	+5.8%	246,9 k €	+12.5%	219,5 k €	+9.7%	200,2 k €	+19.8%	167,1 k €	+43.6%	116,4 k €	+16.4%	100 k €	+29.5%	77,2 k €	+25.3%	61,6 k €	+24.3%	49,6 k €	+13.0%	43,9 k €	+4.4%	42 k €	+21.8%	34,5 k €	+2.7%	33,6 k €	+2.1%	32,9 k €	+113%	15,4 k €
Total assets	787,2 k €	-11.1%	885,9 k €	+61.6%	548,4 k €	+16.4%	470,9 k €	+2.5%	459,4 k €	-6.7%	492,4 k €	+24.4%	395,8 k €	+41.3%	280 k €	-8.6%	306,5 k €	+85.6%	165,2 k €	+13.2%	145,8 k €	+23.2%	118,4 k €	-15.1%	139,4 k €	-0.2%	139,7 k €	+51.6%	92,2 k €	-38.7%	150,3 k €	+57.3%	95,5 k €	+71.5%	55,7 k €
Cash	409,4 k €	-8.7%	448,5 k €	+120%	203,6 k €	-24.8%	270,8 k €	+54.3%	175,5 k €	+106%	85,2 k €	-54.7%	188,3 k €	+20.3%	156,5 k €	+2784%	5,4 k €	-15.4%	6,4 k €	-44.9%	11,6 k €	-60.4%	29,4 k €		–		–		3,7 k €		–		2,7 k €	+249%	771,4 €
Debts	285,5 k €	-22.8%	369,7 k €	+28.8%	287,1 k €	+28.2%	223,9 k €	+6.7%	209,9 k €	-7.0%	225,6 k €	+50.9%	149,5 k €	+40.2%	106,6 k €	-48.4%	206,5 k €	+136%	87,6 k €	+4.5%	83,9 k €	+21.9%	68,8 k €	-27.8%	95,3 k €	-2.3%	97,5 k €	+69.2%	57,6 k €	-50.6%	116,7 k €	+86.4%	62,6 k €	+55.5%	40,3 k €

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 · 4 ended

Active mandates

Abdelmajid BOULAIOUN

Director · since 17 janvier 2008

Active

Ended mandates

Godelieve de BETHUNE

Director · since 06 septembre 2016 · until 02 octobre 2023

Ended

Godelieve de BETHUNE

Director · since 06 septembre 2016

Ended

Godelieve de BETHUNE

Manager · since 06 septembre 2016

Ended

Abdelmajid BOULAIOUN

Manager · since 17 janvier 2008

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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	02/07/2025	01/08/2024	18/08/2023	18/08/2022	28/09/2021
General meeting	02/06/2026	02/06/2025	01/06/2024	01/06/2023	01/06/2022	01/06/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	02/06/2026	29/06/2026	French	PDF
Micro model	31/12/2024	02/06/2025	02/07/2025	French	PDF
Micro model	31/12/2023	01/06/2024	01/08/2024	French	PDF
Micro model	31/12/2022	01/06/2023	18/08/2023	French	PDF
Micro model	31/12/2021	01/06/2022	18/08/2022	French	PDF
Micro model	31/12/2020	01/06/2021	28/09/2021	French	PDF
Micro model	31/12/2019	01/06/2020	09/09/2020	French	PDF
Micro model	31/12/2018	01/06/2019	23/08/2019	French	PDF
Micro model	31/12/2017	01/06/2018	31/08/2018	French	PDF
Micro model	31/12/2016	01/06/2017	24/08/2017	French	PDF
Abridged model	31/12/2015	01/06/2016	24/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	24/08/2015	French	PDF
Abridged model	31/12/2013	01/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	01/06/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	23/08/2012	French	PDF
Abridged model	31/12/2010	01/06/2011	02/11/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	01/06/2009	25/08/2009	French	PDF

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 · 4 ended

Active mandates

Abdelmajid BOULAIOUN

Director · since 17 janvier 2008

Active

Ended mandates

Godelieve de BETHUNE

Director · since 06 septembre 2016 · until 02 octobre 2023

Ended

Godelieve de BETHUNE

Director · since 06 septembre 2016

Ended

Godelieve de BETHUNE

Manager · since 06 septembre 2016

Ended

Abdelmajid BOULAIOUN

Manager · since 17 janvier 2008

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office20/02/2025
DIVERS - SIEGE SOCIAL
PDF
Mandates16/10/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office13/02/2019
SIEGE SOCIAL
PDF
Mandates06/10/2016
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/10/2016
DENOMINATION - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office26/04/2012
SIEGE SOCIAL
PDF
Other29/01/2008
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

2025
Annual accounts 202541,3 k €↓
2024
Annual accounts 2024121 k €↑
2023
Annual accounts 202331,5 k €↓
2022
Annual accounts 202250,2 k €↑
2021
Annual accounts 202135 k €↓
2020
Annual accounts 202045 k €↓
2019
Annual accounts 201963,3 k €↑
2018
Annual accounts 201816,4 k €↓
2017
Annual accounts 201722,8 k €↑
2016
Annual accounts 201615,6 k €↑
2016
Name changeMultiple - Architecture & Urbanism
2015
Annual accounts 201512 k €↑
2014
Annual accounts 20145,7 k €↑
2013
Annual accounts 20131,8 k €↓
2012
Annual accounts 20127,5 k €↑
2011
Annual accounts 2011906,4 €↑
2010
Annual accounts 2010694,3 €↓
2009
Annual accounts 200917,5 k €↑
2008
Annual accounts 200817 k €
18/01/2008
IncorporationPrivate limited company
2008
Name changeARJM ARCHITECTURE

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

MULTIPLE-ARCHITECTURE &URBANISM

Overview

What does MULTIPLE-ARCHITECTURE &URBANISM do?

Trend over 18 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