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 2023 and 2024.
Financials
Financial year 2024
MULTITHERM from Elsene, company number BE0507737689, closed financial year 2024 with a result of € -57,114 after tax. For that financial year MULTITHERM recorded a gross margin of € 29,267 and equity of € 6,188. Compared with financial year 2023, the result moved from € -6,312 to € -57,114. The company made a loss. The buffer shrank hard: equity is 90 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2025.
€ 6,188
▼ 90% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -57,114
▼ 805 % more loss than in 2023
Profit after tax over the fiscal year.
€ 25,899
▲ 282% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -812.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 67,284
▲ 187% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,452
▼ 12% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 450
▼ 93% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 19,001
▲ 274% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 44,907 | € 33,100 | € 29,267 | ▼ 12% |
| Profit after taxes | € 2,695 | € -6,312 | € -57,114 | ▼ € 50,801 |
| Equity | € 69,614 | € 63,302 | € 6,188 | ▼ 90% |
| Total debts | € 13,699 | € 11,736 | € 40,922 | ▲ 249% |
| Cash | € 13,008 | € 6,778 | € 25,899 | ▲ 282% |
| Retained profit | € 62,614 | € 56,302 | € -812 | ▼ € 57,114 |
| Balance sheet total | € 83,313 | € 75,037 | € 47,111 | ▼ 37% |
Key figures of MULTITHERM, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MULTITHERM?
What happened at MULTITHERM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 57,114. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,695 profit in 2022 to € 57,114 loss in 2024.
Paid € 11,569 in corporate taxes since 2022.
Best year ever: 2022, with € 2,695 profit.
A new publication or filing at MULTITHERM? 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 MULTITHERM is Abderrahim HASSUN.
Directors
According to the 2024 annual accounts
Abderrahim HASSUN
Director
Establishments
Establishment units
Physical locations of this company
Louizalaan 65
1050 Elsene
Louizalaan 137
1050 Brussel
Active since 24 December 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0507.737.689
- VAT number
- BE 0507.737.689
- Registered office
- Louizalaan 65, 1050 Elsene
- Names & denominations
- MULTITHERM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2014
- Peppol
- Active · Active since 3 Feb 2026
- Activities · NACE
Sanitaire werkzaamheden