Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2026; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
MULTIPOWR from Evergem, company number BE0795743755, closed financial year 2026 with a result of € -694,366 after tax. For that financial year MULTIPOWR recorded a gross margin of € -50,941 and equity of € -84,776. Compared with financial year 2025, the result moved from € -1.5 million to € -694,366. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 15, 2026.
€ -84,776
▲ € 111,409 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -694,366
▲ 54 % less loss than in 2025
Profit after tax over the fiscal year.
€ 63,878
▲ € 62,688 vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.7 million.
People and assets in 2026
4
▲ 0.8 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 327,399
▼ 12% vs 2025
€ 81,800 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.
€ 10,629
▲ 38% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 755,680
▲ 50% vs 2025
Loans from banks and other lenders, long and short.
€ 942,414
▲ 127% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 66,269
▲ 18% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|
| Gross margin | € -235,445 | € -847,936 | € -50,941 | ▲ € 796,996 |
| Profit after taxes | € -490,109 | € -1,501,826 | € -694,366 | ▲ € 807,460 |
| Equity | € -394,360 | € -196,186 | € -84,776 | ▲ € 111,409 |
| Total debts | € 1,168,864 | € 1,859,197 | € 2,580,342 | ▲ 39% |
| Cash | € 913 | € 1,190 | € 63,878 | ▲ € 62,688 |
| Retained profit | € -490,109 | € -1,991,935 | € -2,686,301 | ▼ € 694,366 |
| Bank debt | € 30 | € 504,018 | € 755,680 | ▲ 50% |
| Balance sheet total | € 774,504 | € 1,663,011 | € 2,495,566 | ▲ 50% |
| Employees (FTE) | 2.9 | 3.2 | 4 | ▲ 0.8 |
Key figures of MULTIPOWR, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to MULTIPOWR?
What happened at MULTIPOWR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ANALEX NV stepped down as director. NBB
- VICANT BV stepped down as director. NBB
- INVERTO NV stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 694,366. Source: NBB ↗
- ANALEX NV became a director. NBB
- VICANT BV became a director. NBB
- INVERTO NV became a director. NBB
- New establishment in Evergem. KBO
In short
From € 490,109 loss in 2023 to € 694,366 loss in 2026.
Paid € 1 in corporate taxes since 2023.
Management
The stake of INVERTO, ANALEX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MULTIPOWRThe shares are held by INVERTO (48.1%) and ANALEX (30%).
Directors
According to the 2026 annual accounts
Director · represented by WALTER DUMAREY
Holds a stake via ANALEX
Also active at: SPECCHIO, SOFITECH, TEAM INDUSTRIES, CIRCLAIR
since 2024 · until 2030
Director · represented by Koen MATTHIJS
since 2024 · until 2030
Director · represented by Peter Besard
since 2024 · until 2030
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Finlandstraat 11
9940 Evergem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →INTERSOUND
€ 265,908 gross margin · 2025
INVERTO same network
€ -13,112 gross margin · 2024
LEISURE INTERNATIONAL
€ -4,344 gross margin · 2025
iN2POWER
€ 586,129 gross margin · 2025
K & F INVEST
€ 134,069 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0795.743.755
- VAT number
- BE 0795.743.755
- Registered office
- Finlandstraat 11, 9940 Evergem
- Names & denominations
- MULTIPOWR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2023
- Peppol
- Active · Active since 21 Oct 2026
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