Financials
Financial year 2025
MULTIGAS from Gent, company number BE0446241570, closed financial year 2025 with a result of € 613,082 after tax. For that financial year MULTIGAS recorded a gross margin of € 2.2 million and equity of € 750,744. Compared with financial year 2024, the result moved from € 404,430 to € 613,082. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 15, 2025.
€ 750,744
▲ 82% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 613,082
▲ 52% vs 2024
Profit after tax over the fiscal year.
€ 614,681
▲ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 275,000 paid out
45 % of the profit went to the shareholders, mostly to FINGAS (100 % of the shares). That is where the money ends up.
People and assets in 2025
18.2
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
€ 59,600 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.
€ 544,778
▲ 61% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 463,123
▲ 37% vs 2024
€ 128,290 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 117,204
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 144,391
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,523,097 | € 1,652,039 | € 1,764,470 | € 2,184,756 | ▲ 24% |
| Profit after taxes | € 185,303 | € 458,341 | € 404,430 | € 613,082 | ▲ 52% |
| Equity | € 384,891 | € 393,231 | € 412,662 | € 750,744 | ▲ 82% |
| Total debts | € 734,439 | € 1,005,833 | € 1,323,080 | € 1,293,934 | ▼ 2% |
| Cash | € 380,016 | € 507,223 | € 321,391 | € 614,681 | ▲ 91% |
| Land & buildings | € 308,609 | € 259,056 | € 240,325 | € 190,961 | ▼ 21% |
| Retained profit | € 323,391 | € 331,731 | € 351,162 | € 689,244 | ▲ 96% |
| Dividend | € 60,000 | € 450,000 | € 385,000 | € 275,000 | ▼ 29% |
| Bank debt | € 58,448 | € 73,192 | € 337,434 | € 463,123 | ▲ 37% |
| Balance sheet total | € 1,771,805 | € 1,928,067 | € 2,220,290 | € 2,538,799 | ▲ 14% |
| Employees (FTE) | 20.3 | 19.3 | 18.2 | 18.2 |
Key figures of MULTIGAS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MULTIGAS?
What happened at MULTIGAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Fingas NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 613,082 (▲ 52% vs 2024). Source: NBB ↗
- Fingas NV became a director. NBB
- New establishment in Tienen. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 185,303 profit in 2022 to € 613,082 profit in 2025.
Paid € 172,875 in corporate taxes since 2022.
Best year ever: 2025, with € 613,082 profit.
On average € 120,000 of value added per employee in 2025.
Management
The stake of FINGAS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MULTIGASThe shares are held by FINGAS (100%).
Establishments
Establishment units
Physical locations of this company
Wiedauwkaai 109
9000 Gent
Industriepark 35 box D
3300 Tienen
Active since 31 December 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.241.570
- VAT number
- BE 0446.241.570
- Registered office
- Wiedauwkaai 109, 9000 Gent
- Names & denominations
- MULTIGAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1991
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten
Verhuur van overige machines en werktuigen, n.e.g.
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Overige bouwinstallatie
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Algemene elektrotechnische installatiewerken
Sanitaire werkzaamheden
Overige bouwinstallatie, n.e.g.