Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
MULTITEL from Mons, company number BE0470813848, closed financial year 2025 with a result of € -132,219 after tax. For that financial year MULTITEL recorded revenue of € 2.8 million and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 192,127 to € -132,219. 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 June 29, 2026.
€ 3.6 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -132,219
▼ still € 192,127 profit in 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
85.6
▲ 7.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.1 million
▲ 20% vs 2024
€ 95,100 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.
€ 786,086
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 15% vs 2024
€ 300,206 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 553,106
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 95 days on average.
€ 1.2 million
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,711,952 | € 3,810,375 | € 3,687,489 | € 2,756,815 | ▼ 25% |
| Profit after taxes | € 14,081 | € 67,045 | € 192,127 | € -132,219 | ▼ € 324,346 |
| Equity | € 4,970,457 | € 4,518,816 | € 4,191,753 | € 3,612,876 | ▼ 14% |
| Total debts | € 12,931,940 | € 12,960,574 | € 12,326,750 | € 3,663,974 | ▼ 70% |
| Cash | € 5,764,256 | € 5,704,093 | € 3,487,758 | € 1,079,621 | ▼ 69% |
| Land & buildings | € 3,937,237 | € 3,319,165 | € 2,691,288 | € 2,171,793 | ▼ 19% |
| Retained profit | € 1,745,313 | € 1,812,358 | € 2,004,485 | € 1,872,266 | ▼ 7% |
| Bank debt | € 2,381,115 | € 1,230,296 | € 1,512,905 | € 1,284,406 | ▼ 15% |
| Balance sheet total | € 17,902,397 | € 17,479,390 | € 16,518,503 | € 7,303,850 | ▼ 56% |
| Employees (FTE) | 60.1 | 64.8 | 78.3 | 85.6 | ▲ 7.3 |
Key figures of MULTITEL, 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 MULTITEL?
What happened at MULTITEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thomas DI PIETRO stepped down as director. NBB
- Gauthier COIRBAY stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 132,219 (▼ € 324,346 vs 2024). Source: NBB ↗
- Aloys du BOIS d'AISCHE stepped down as director. NBB
- Jean SAUSSEZ stepped down as director. NBB
- Jonathan PISANE stepped down as director. NBB
- Etienne POURBAIX stepped down as director. NBB
- Jacques VERLY stepped down as director. NBB
In short
From € 14,081 profit in 2022 to € 132,219 loss in 2025.
Paid € 51,206 in corporate taxes since 2022.
Best year ever: 2024, with € 192,127 profit.
Pays suppliers within 95 days on average.
A new publication or filing at MULTITEL? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MULTITEL are UCL, IDEA, UMONS and IMBC Spinnova. It owns 73.1% of Euro-Multitel itself.
Directors
According to the 2025 annual accounts
Director · represented by HENDRICKX JULIEN
Also active at: CESI, Centre indépendant de Promotion fourragère - Onafhankelijk Groenvoeder Centrum, Centre d'Information de l'Architecture, de l'Urbanisme et du Design-Informatiecentrum voor Architectuur, Stedebouw en Design, ONE, MAISON DE L'ENTREPRISE, Centre Européen d'Entreprise et d'Innovation (CEEI), TECHNOFUTUR TIC, CENTRE D'EXCELLENCE EN TECHNOLOGIES DE L'INFORMATION ET DE LA COMMUNICATION, VALORISATION DE LA BIOMASSE +10 more
Director · represented by DUFRASNE MAÏTÉ
Also active at: RECYMEX, MAISON DE L'ENTREPRISE, Centre Européen d'Entreprise et d'Innovation (CEEI), EUROPE TRAVAIL EMPLOI, Exhaurea, Forum for cleantech, MAGNA WIND PARK, Cadastre et Inspection Télévisuelle des réseaux, Contrat de rivière Senne +2 more
Chairman of the board · represented by Philippe METTENS, Véronique FELDHEIM, Bernard GOSSELIN, Ruddy WATTIEZ
Director · represented by DEMOULIN SERGE
Also active at: IONICS, EURO-MULTITEL, INNOVATION FUND, ESIX SURFACE TECHNOLOGIES, ANTOPOLIS, Vives Inter-University Fund, Rubbergreen Industrie, GATE2
since 2022 · until 2026
since 2024 · until 2030
since 2021 · until 2025
Jean SAUSSEZ
Director
since 2022 · until 2026
since 2022 · until 2026
Jean-Jacques QUISQUATER
Director
since 2023 · until 2025
Etienne POURBAIX
Director
since 2022 · until 2026
since 2025 · until 2030
Establishments
Establishment units
Physical locations of this company
Rue Pierre et Marie Curie 2
7000 Mons
Boulevard Dolez 31
7000 Mons
Active since 1 July 2012
Rue du Progrès(FRY) 13
7503 Tournai
Active since 5 November 2012
Square des Martyrs -
6000 Charleroi
Active since 1 October 2019
Parc Artisanal de Blegny 11-13
4671 Blégny
Active since 1 January 2021
Sint Michielswarande 30
1040 Etterbeek
Active since 1 March 2022
Devant les Hêtres,Transinne 2
6890 Libin
Active since 1 May 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0470.813.848
- VAT number
- BE 0470.813.848
- Registered office
- Rue Pierre et Marie Curie 2, 7000 Mons
- Names & denominations
- MULTITEL
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 29 December 1999
- Peppol
- Active · Active since 29 Jan 2026
- Activities · NACE
Speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied