Financials
Financial year 2025
MultiAir BELUX from Nazareth-De Pinte, company number BE0859671705, closed financial year 2025 with a result of € 361,521 after tax. For that financial year MultiAir BELUX recorded revenue of € 10.5 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 67,481 to € 361,521. Profitable, and profit is growing. 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 30, 2026.
€ 3.9 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 361,521
▲ € 294,040 vs 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 520,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
40
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▲ 3% vs 2024
€ 97,000 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.
€ 44,589
▲ 243% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.1 million
▲ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 863,853
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 7,245,201 | € 8,139,514 | € 10,503,129 | ▲ 29% |
| Gross margin | € 3,314,392 | € 3,859,254 | € 4,843,314 | € 4,985,746 | ▲ 3% |
| Profit after taxes | € 176,337 | € 310,314 | € 67,481 | € 361,521 | ▲ € 294,040 |
| Equity | € 2,622,261 | € 2,932,575 | € 4,038,549 | € 3,880,071 | ▼ 4% |
| Total debts | € 2,747,227 | € 3,890,417 | € 2,777,047 | € 3,918,285 | ▲ 41% |
| Cash | € 13,890 | € 4,918 | € 44 | € 0 | ▼ 100% |
| Retained profit | € 2,423,761 | € 2,734,075 | € 3,390,049 | € 3,231,571 | ▼ 5% |
| Dividend | € 0 | € 0 | € 0 | € 520,000 | |
| Bank debt | € 0 | € 1,174,265 | € 0 | € 0 | |
| Balance sheet total | € 5,382,253 | € 6,835,757 | € 6,930,003 | € 8,019,179 | ▲ 16% |
| Employees (FTE) | 31.1 | 28.5 | 41.4 | 40 | ▼ 1.4 |
Key figures of MultiAir BELUX, 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 MultiAir BELUX?
What happened at MultiAir BELUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Handan Sahin Koças stepped down as director. NBB
- Jacopo Tomasso stepped down as director. NBB
- Ruben Sinnaeve stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 361,521 (▲ € 294,040 vs 2024). Source: NBB ↗
- Alex Bongaerts stepped down as director. NBB
- Handan Sahin Koças became a director. NBB
- Jacopo Tomasso became a director. NBB
- Ruben Sinnaeve became a director. NBB
In short
From € 176,337 profit in 2022 to € 361,521 profit in 2025.
Paid € 481,536 in corporate taxes since 2022.
Best year ever: 2025, with € 361,521 profit.
On average € 124,600 of value added per employee in 2025.
Management
The shares are held by Atlas Copco Airpower (100%).
Directors
According to the 2025 annual accounts
Alex Bongaerts
Director
Also active at: Vlaams Netwerk van Ondernemingen, EDMAC EUROPE, INTERNATIONAL COMPRESSOR DISTRIBUTION, Atlas Copco Support Services, GEVEKE PROCESS TECHNOLOGY, ATLAS COPCO FINANCE BELGIUM, Geveke Compressor Technology
since 2021 · until 2026
Jacopo Tomasso
Director
since 2025 · until 2031
Handan Sahin Koças
Director
since 2026 · until 2032
Ruben Sinnaeve
Director
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Steenweg Deinze 152B
9810 Nazareth-De Pinte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0859.671.705
- VAT number
- BE 0859.671.705
- Registered office
- Steenweg Deinze 152B, 9810 Nazareth-De Pinte
- Names & denominations
- MultiAir BELUX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2003
- Peppol
- Active · Active since 16 Apr 2025
- Activities · NACE
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