What does MULTICAP do?

MULTICAP is a wholesaler in Aalter. Private Limited, started on 26 July 1991, 1 establishment.

What is the address of MULTICAP?

The registered office of MULTICAP is located at Durmelaan 7 A, 9880 Aalter.

Is MULTICAP still active?

Yes. According to the CBE (29 October 2026) MULTICAP is active, legal situation “Normale toestand”, started on 26 July 1991.

Is MULTICAP registered on Peppol?

Yes, MULTICAP is registered on the Peppol network with ID 0208:0444751334.

What is the enterprise number of MULTICAP?

The enterprise number of MULTICAP is BE0444751334.

When was MULTICAP founded?

MULTICAP was founded on 26 July 1991.

Who are the directors of MULTICAP?

According to the 2025 annual accounts, the directors of MULTICAP are: iFORTE BV, BMAX-IT BV.

Is MULTICAP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 July 1991; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MULTICAP make in 2025?

MULTICAP recorded a loss after taxes of € 104,377 in financial year 2025.

What is the revenue of MULTICAP?

As a small company, MULTICAP is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 441,185.

How much does an employee at MULTICAP earn?

The average wage cost per full-time employee at MULTICAP was € 112,300 in 2025: staff costs of € 539,068 for 4.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MULTICAP have?

According to the 2025 annual accounts, MULTICAP has 4.8 full-time equivalents (FTE).

MULTICAP (Private Limited) - Aalter - BE0444751334

Dossier MULTICAP, printed on 29 October 2026 from databakkes.be/en/0444751334/multicap. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

MULTICAP from Aalter, company number BE0444751334, closed financial year 2025 with a result of € -104,377 after tax. For that financial year MULTICAP recorded a gross margin of € 441,185 and equity of € 541,175. Compared with financial year 2024, the result moved from € -98,860 to € -104,377. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.

What it is worth Healthy

€ 541,175

▼ 16% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -104,377

▼ 6 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 86,723

▼ 19% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 398,588.

People and assets in 2025

Full-time equivalents

4.8

▲ 0.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 539,068

▲ 20% vs 2024

€ 112,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 121,550

▼ 37% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 75,894

▼ 12% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 414,526 Gross margin 2022: € 414,526 First fiscal year in the series	€ 297,058 Gross margin 2023: € 297,058 ▼ 28% vs 2022 (€ 414,526) Unfavourable step	€ 382,250 Gross margin 2024: € 382,250 ▲ 29% vs 2023 (€ 297,058) Favourable step	€ 441,185 Gross margin 2025: € 441,185 ▲ 15% vs 2024 (€ 382,250) Favourable step	▲ 15%
Profit after taxes	€ 43,424 Profit after taxes 2022: € 43,424 First fiscal year in the series	€ 6,813 Profit after taxes 2023: € 6,813 ▼ 84% vs 2022 (€ 43,424) Unfavourable step	€ -98,860 Profit after taxes 2024: € -98,860 ▼ € 105,672 vs 2023 (€ 6,813) Unfavourable step	€ -104,377 Profit after taxes 2025: € -104,377 ▼ € 5,518 vs 2024 (€ -98,860) Unfavourable step	▼ € 5,518
Equity	€ 737,600 Equity 2022: € 737,600 First fiscal year in the series	€ 744,413 Equity 2023: € 744,413 ▲ 1% vs 2022 (€ 737,600) Favourable step	€ 645,553 Equity 2024: € 645,553 ▼ 13% vs 2023 (€ 744,413) Unfavourable step	€ 541,175 Equity 2025: € 541,175 ▼ 16% vs 2024 (€ 645,553) Unfavourable step	▼ 16%
Total debts	€ 476,744 Total debts 2022: € 476,744 First fiscal year in the series	€ 489,092 Total debts 2023: € 489,092 ▲ 3% vs 2022 (€ 476,744) Unfavourable step	€ 303,142 Total debts 2024: € 303,142 ▼ 38% vs 2023 (€ 489,092) Favourable step	€ 222,701 Total debts 2025: € 222,701 ▼ 27% vs 2024 (€ 303,142) Favourable step	▼ 27%
Cash	€ 109,550 Cash 2022: € 109,550 First fiscal year in the series	€ 103,602 Cash 2023: € 103,602 ▼ 5% vs 2022 (€ 109,550) Unfavourable step	€ 107,576 Cash 2024: € 107,576 ▲ 4% vs 2023 (€ 103,602) Favourable step	€ 86,723 Cash 2025: € 86,723 ▼ 19% vs 2024 (€ 107,576) Unfavourable step	▼ 19%
Retained profit	€ 595,013 Retained profit 2022: € 595,013 First fiscal year in the series	€ 601,826 Retained profit 2023: € 601,826 ▲ 1% vs 2022 (€ 595,013) Favourable step	€ 502,966 Retained profit 2024: € 502,966 ▼ 16% vs 2023 (€ 601,826) Unfavourable step	€ 398,588 Retained profit 2025: € 398,588 ▼ 21% vs 2024 (€ 502,966) Unfavourable step	▼ 21%
Bank debt	€ 200,000 Bank debt 2022: € 200,000 First fiscal year in the series	€ 200,000 Bank debt 2023: € 200,000 Unchanged (€ 200,000) Unchanged	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 200,000) Favourable step	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 1,214,344 Balance sheet total 2022: € 1,214,344 First fiscal year in the series	€ 1,233,505 Balance sheet total 2023: € 1,233,505 ▲ 2% vs 2022 (€ 1,214,344) Unchanged	€ 948,695 Balance sheet total 2024: € 948,695 ▼ 23% vs 2023 (€ 1,233,505) Unchanged	€ 763,877 Balance sheet total 2025: € 763,877 ▼ 19% vs 2024 (€ 948,695) Unchanged	▼ 19%
Employees (FTE)	3.9 Employees (FTE) 2022: 3.9 First fiscal year in the series	3 Employees (FTE) 2023: 3 ▼ 0.9 vs 2022 (3.9) Unchanged	4 Employees (FTE) 2024: 4 ▲ 1 vs 2023 (3) Unchanged	4.8 Employees (FTE) 2025: 4.8 ▲ 0.8 vs 2024 (4) Unchanged	▲ 0.8

Key figures of MULTICAP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to MULTICAP?

What happened at MULTICAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 22, 2026 New annual accounts for financial year 2025: loss of € 104,377. Source: NBB ↗
Aug 20, 1991 New establishment in Aalter. KBO
Jul 26, 1991 Start of the company according to the CBE. KBO

In short

From € 43,424 profit in 2022 to € 104,377 loss in 2025.

Paid € 32,949 in corporate taxes since 2022.

Best year ever: 2022, with € 43,424 profit.

On average € 91,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

EEG GROUP 33.3%

IFORTE 33.3%

BMAX-IT 33.3%

The stake of EEG GROUP, IFORTE, BMAX-IT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MULTICAP

Behind MULTICAP are iFORTE BV and BMAX-IT BV. The shares are held by EEG GROUP (33.3%), IFORTE (33.3%) and BMAX-IT (33.3%).

Directors

According to the 2025 annual accounts

iFORTE BV

Director

Also active at: UNMATCHED, TELECOM INTEGRATED TECHNOLOGIES

BMAX-IT BV

Director

Also active at: UNMATCHED, TELECOM INTEGRATED TECHNOLOGIES

Shareholders

EEG GROUP

33.3%

IFORTE

33.3%

BMAX-IT

33.3%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Durmelaan 7 A

9880 Aalter

2.053.863.647

Durmelaan 7A

9880 Aalter

Active since 20 August 1991

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0444.751.334

VAT number

BE 0444.751.334

Registered office

Durmelaan 7 A, 9880 Aalter

Names & denominations

MULTICAP

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

26 July 1991

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Groothandel in elektrisch materiaal inclusief installatiemateriaal

Groothandel in informatie- en communicatieapparatuur

Groothandel in computers, randapparatuur en software

Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan

View on CBE Public ↗ Annual accounts (NBB) ↗

MULTICAP

Warning lights

Financials

What happened to MULTICAP?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions