Financials
Financial year 2025
MultiTech from Oostende, company number BE0462024262, closed financial year 2025 with a result of € 258,289 after tax. For that financial year MultiTech recorded revenue of € 4.6 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 156,027 to € 258,289. 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 June 11, 2026.
€ 3 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 258,289
▲ 66% vs 2024
Profit after tax over the fiscal year.
€ 266,807
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.5 million.
People and assets in 2025
15.8
▲ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 752,401
▲ 11% vs 2024
€ 47,600 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.
€ 117,263
▲ 107% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 488,835
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 53 days on average.
€ 131,951
▲ 53% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 3,360,974 | € 3,815,197 | € 4,607,716 | ▲ 21% |
| Profit after taxes | € 159,964 | € 156,027 | € 258,289 | ▲ 66% |
| Equity | € 2,542,452 | € 2,698,478 | € 2,956,767 | ▲ 10% |
| Total debts | € 427,646 | € 546,463 | € 630,786 | ▲ 15% |
| Cash | € 262,759 | € 457,506 | € 266,807 | ▼ 42% |
| Land & buildings | € 218,812 | € 237,247 | € 237,851 | |
| Retained profit | € 2,042,452 | € 2,198,478 | € 2,456,767 | ▲ 12% |
| Balance sheet total | € 2,970,098 | € 3,244,942 | € 3,587,553 | ▲ 11% |
| Employees (FTE) | 12.3 | 12.8 | 15.8 | ▲ 3 |
Key figures of MultiTech, fiscal years 2023 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 MultiTech?
What happened at MultiTech in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stefanie Monsaert stepped down as director. NBB
- Manu Beuselinck stepped down as director. NBB
- Jeroen Soete stepped down as director. NBB
- Alain Delanghe stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 258,289 (▲ 66% vs 2024). Source: NBB ↗
- Eric Noterman became a director. NBB
- Dirk Declerck stepped down as director. NBB
- Stefanie Monsaert became a director. NBB
In short
From € 159,964 profit in 2023 to € 258,289 profit in 2025.
Paid € 215,429 in corporate taxes since 2023.
Best year ever: 2025, with € 258,289 profit.
Pays suppliers within 53 days on average.
Management
Behind MultiTech is Eric Noterman. The shares are held by Haven Oostende (100%).
Directors
According to the 2025 annual accounts
Eric Noterman
Managing director
Also active at: Haven Oostende, OSTEND SCIENCE PARK, Multi Logistics Group, Ostend Stevedoring Services Company, RENEWABLE ENERGY BASE OSTEND
since 2025
Stefanie Monsaert
Director
Also active at: Haven Oostende, Autonoom Gemeentebedrijf Oostende, Ostend Stevedoring Services Company, RENEWABLE ENERGY BASE OSTEND
since 2025 · until 2031
Manu Beuselinck
Chairman of the board
Also active at: OSTEND TENNIS CLUB, 4B FAMINVEST, SIBL-INC, OSTEND SCIENCE PARK, OSTEND TENNIS&PADEL CLUB BAR, Algemeen Ziekenhuis Oostende, Kursaal Oostende, OPDRACHTHOUDENDE VERENIGING VOOR CREMATORIUMBEHEER IN HET ARRONDISSEMENT OOSTENDE +1 more
since 2025 · until 2031
since 2025 · until 2031
Alain Delanghe
Director
Also active at: West-Vlaamse Intercommunale, Haven Oostende, DELANGHE PROPERTIES, DELANGHE, DELANGHE SERVICES & ADVICE, Ostend Stevedoring Services Company, RENEWABLE ENERGY BASE OSTEND, BLUEBRIDGE INCUBATIE- EN INNOVATIECENTRUM +1 more
since 2025 · until 2031
Dirk Declerck
Managing director
Also active at: Haven Oostende, OOSTENDE TRADE, OSTEND SCIENCE PARK, Ostend Stevedoring Services Company, THEION, RENEWABLE ENERGY BASE OSTEND, BLUEBRIDGE INCUBATIE- EN INNOVATIECENTRUM
since 2025 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Slijkensesteenweg 3A
8400 Oostende
Esplanadestraat z/n
8400 Oostende
Active since 9 December 1998
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
- 0462.024.262
- VAT number
- BE 0462.024.262
- Registered office
- Slijkensesteenweg 3A, 8400 Oostende
- Names & denominations
- MultiTech
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 1997
- Peppol
- Active · Active since 2 Jan 2025
- Activities · NACE
Coating van metalen
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Beheer van overig onroerend goed
Oppervlaktebehandeling van metalen