Financials
Financial year 2025
The Multiplier from Huldenberg, company number BE0711949019, closed financial year 2025 with a result of € 196,384 after tax. For that financial year The Multiplier recorded a gross margin of € 295,190 and equity of € 18,600. Compared with financial year 2024, the result moved from € 201,017 to € 196,384. The company is profitable. The buffer shrank hard: equity is 62 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.
€ 18,600
▼ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 196,384
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 250,836
▲ 110% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 226,384 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 34,378
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27,685
▼ 19% vs 2024
€ 6,549 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 8,653
▲ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,919
▲ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 238,321 | € 185,743 | € 278,109 | € 295,190 | ▲ 6% |
| Profit after taxes | € 171,729 | € 129,504 | € 201,017 | € 196,384 | ▼ 2% |
| Equity | € 18,600 | € 18,600 | € 48,600 | € 18,600 | ▼ 62% |
| Total debts | € 218,430 | € 169,864 | € 254,600 | € 364,424 | ▲ 43% |
| Cash | € 57,443 | € 102,182 | € 119,214 | € 250,836 | ▲ 110% |
| Retained profit | € 0 | € 0 | € 30,000 | € 0 | ▼ 100% |
| Dividend | € 171,729 | € 129,504 | € 171,017 | € 226,384 | ▲ 32% |
| Bank debt | € 0 | € 0 | € 34,000 | € 27,685 | ▼ 19% |
| Balance sheet total | € 237,030 | € 188,464 | € 303,200 | € 383,024 | ▲ 26% |
Key figures of The Multiplier, 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 The Multiplier?
What happened at The Multiplier in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 196,384 (▼ 2% vs 2024). Source: NBB ↗
- Laetitia Vandervaeren became a director. NBB
- Axel Vuylsteke became a director. NBB
- New establishment in Huldenberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 171,729 profit in 2022 to € 196,384 profit in 2025.
Paid € 236,379 in corporate taxes since 2022.
Best year ever: 2024, with € 201,017 profit.
Paid out € 698,635 in dividends to the owners in total.
Management
Behind The Multiplier are Axel Vuylsteke and Laetitia Vandervaeren. Axel Vuylsteke is also behind FOUNTAIN BENELUX and FOUNTAIN.
Directors
According to the 2025 annual accounts
since 2024
Laetitia Vandervaeren
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Leuvensebaan(SAR) 118
3040 Huldenberg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0711.949.019
- VAT number
- BE 0711.949.019
- Registered office
- Leuvensebaan(SAR) 118, 3040 Huldenberg
- Names & denominations
- The Multiplier
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 2018
- Peppol
- Active · Active since 25 Apr 2025
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