Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 17.5 to 15.5.
Financials
Financial year 2025
MULTI-RENOVATIE from Gingelom, company number BE0831248329, closed financial year 2025 with a result of € 373,877 after tax. For that financial year MULTI-RENOVATIE recorded a gross margin of € 2 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 181,981 to € 373,877. 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 March 16, 2026.
€ 1.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 373,877
▲ 105% vs 2024
Profit after tax over the fiscal year.
€ 181,902
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 363,282 paid out
97 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
15.5
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 2% vs 2024
€ 70,000 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.
€ 686,454
▲ 4% vs 2024
Of which on lease € 507,840.
Debts at end 2025
€ 1.1 million
▼ 36% vs 2024
€ 163,812 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 682,830
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 105,911
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,105,178 | € 1,726,486 | € 1,747,767 | € 2,015,442 | ▲ 15% |
| Profit after taxes | € 305,898 | € 82,476 | € 181,981 | € 373,877 | ▲ 105% |
| Equity | € 1,024,820 | € 1,107,296 | € 1,235,236 | € 1,245,831 | ▲ 1% |
| Total debts | € 1,536,849 | € 2,133,473 | € 2,398,150 | € 2,119,846 | ▼ 12% |
| Cash | € 202,674 | € 84,207 | € 293,908 | € 181,902 | ▼ 38% |
| Retained profit | € 1,006,220 | € 1,088,696 | € 1,216,636 | € 1,227,231 | ▲ 1% |
| Dividend | € 0 | € 0 | € 54,042 | € 363,282 | ▲ € 309,240 |
| Bank debt | € 879,444 | € 1,384,246 | € 1,685,449 | € 1,083,857 | ▼ 36% |
| Balance sheet total | € 2,591,670 | € 3,270,769 | € 3,663,386 | € 3,395,677 | ▼ 7% |
| Employees (FTE) | 19.2 | 17.5 | 16.3 | 15.5 | ▼ 0.8 |
Key figures of MULTI-RENOVATIE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MULTI-RENOVATIE?
What happened at MULTI-RENOVATIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 373,877 (▲ 105% vs 2024). Source: NBB ↗
- New establishment in Sint-Truiden. KBO
- New establishment in Gingelom. KBO
- Start of the company according to the CBE. KBO
In short
From € 305,898 profit in 2022 to € 373,877 profit in 2025.
Paid € 435,634 in corporate taxes since 2022.
Best year ever: 2025, with € 373,877 profit.
On average € 130,000 of value added per employee in 2025.
Management
Behind MULTI-RENOVATIE are Frederik Bultinck and Wendy Gijsens. It owns 50% of Multi-Hart nv itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Bredenakkerstraat 2
3891 Gingelom
Fouga Magisterlaan 2179
3800 Sint-Truiden
Active since 1 August 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0831.248.329
- VAT number
- BE 0831.248.329
- Registered office
- Bredenakkerstraat 2, 3891 Gingelom
- Names & denominations
- MULTI-RENOVATIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Dakwerkzaamheden
Schilderen van gebouwen
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Waterdichtingswerken van muren
Restaureren van bouwwerken