MULTIGAS (0446.241.570): annual accounts, directors and company register

MULTIGAS

Ghent ·KBO/BCE: BE 0446.241.570

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

Company	Total assets	Gross margin	Solvency	Staff
MULTIGAS Ghent	€2.5m	€2.2m	29.6%	18.2
EG Retail (Station Support) Antwerp	€3.1m	€1.9m	82.8%	18.3
Joassin Namur	€4.3m	€2.2m	40.2%	16.3
DECONINCK BRANDSTOFFEN Oudenaarde	€4.8m	€1.8m	34.0%	12.1
KAUFFMAN - GAZ Sambreville	€3.0m	€1.5m	25.6%	26.4
KASPERS - LANDEN Landen	€4.1m	€1.4m	22.6%	11.9
Wouters Cutting & Welding Turnhout	€3.7m	€1.6m	17.1%	20.7

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	2.5m	2.2m	1.9m	1.8m	2.5m	1.9m	1.9m	2.1m	1.8m	1.6m	1.8m	2.1m	2.7m	2.5m	4.5m	2.5m	2.4m	3.3m	3.5m
Formation expenses`20`	-	-	-	-	-	-	-	0	22,000	44,000	66,000	88,000	0	0	0	0	-	-	-
Fixed assets`21/28`	1.3m	1.2m	970,361	916,041	960,682	745,873	767,608	814,582	937,606	608,947	668,513	897,518	1.0m	1.1m	1.6m	1.7m	1.7m	1.8m	1.8m
Intangible fixed assets`21`	5,393	6,960	8,528	10,095	11,663	0	937	1,874	2,810	3,962	480	106,816	317,493	528,170	841,888	163	1,127	2,090	7,048
Tangible fixed assets`22/27`	1.2m	1.1m	767,029	689,249	772,470	540,056	532,161	509,982	595,418	541,607	601,655	702,324	692,717	611,201	734,663	126,251	119,330	158,996	227,202
Land and buildings`22`	190,961	240,325	259,056	308,609	364,724	274,296	268,827	304,024	351,799	248,839	224,560	237,408	149,943	152,883	158,818	2,902	3,265	-	-
Plant, machinery and equipment`23`	472,200	497,231	431,380	342,259	343,581	224,367	197,690	187,648	220,677	237,197	293,140	332,864	339,403	318,713	292,834	43,857	74,703	112,536	160,607
Furniture and vehicles`24`	544,778	338,173	76,593	38,381	64,165	41,284	65,397	16,735	18,874	39,070	31,767	48,587	58,193	70,304	149,879	52,923	23,575	10,907	13,481
Other tangible fixed assets`26`	-	-	-	-	0	109	248	1,574	4,068	6,562	9,055	11,549	14,087	16,795	20,011	26,569	10,408	15,316	17,269
Assets under construction and advance payments`27`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Financial fixed assets`28`	61,089	92,769	194,804	216,696	176,549	205,817	234,510	302,726	339,378	19,378	378	378	378	403	403	1.6m	1.6m	1.6m	1.6m
Current assets`29/58`	1.3m	1.0m	957,706	855,764	1.6m	1.2m	1.1m	1.3m	801,871	948,532	1.1m	1.2m	1.7m	1.4m	2.9m	800,268	726,079	1.5m	1.7m
Amounts receivable after more than one year`29`	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-
Trade receivables`290`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Other amounts receivable`291`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Stocks and contracts in progress`3`	196,086	22,580	41,958	120,078	307,270	138,715	152,967	216,721	217,954	121,741	148,590	242,393	224,073	162,409	278,213	76,904	77,471	65,252	79,758
Stocks`30/36`	196,086	22,580	41,958	120,078	166,456	138,715	152,967	216,721	217,954	121,741	148,590	242,393	224,073	162,409	278,213	76,904	77,471	65,252	79,758
Contracts in progress`37`	-	-	-	0	140,814	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Amounts receivable within one year`40/41`	424,106	670,021	378,869	317,169	230,003	179,172	391,327	326,985	339,614	326,499	404,967	744,963	920,941	986,754	2.3m	585,047	520,948	1.3m	1.4m
Trade receivables`40`	260,005	548,686	299,836	316,324	221,638	178,327	319,215	325,990	337,359	274,319	374,167	567,429	729,642	795,330	2.1m	584,647	501,100	742,445	627,492
Other amounts receivable`41`	164,101	121,335	79,033	845	8,366	845	72,112	995	2,255	52,180	30,800	177,534	191,299	191,424	247,538	400	19,848	558,364	810,414
Current investments`50/53`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Cash at bank and in hand`54/58`	614,681	321,391	507,223	380,016	976,473	810,457	506,838	670,438	197,757	452,923	537,365	140,656	508,198	158,100	271,269	84,123	77,490	121,173	75,403
Deferred charges and accrued income`490/1`	29,504	30,840	29,657	38,500	44,418	41,554	35,599	45,177	46,546	47,369	57,317	52,022	84,168	77,518	72,214	54,194	50,169	56,524	67,238
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	2.5m	2.2m	1.9m	1.8m	2.5m	1.9m	1.9m	2.1m	1.8m	1.6m	1.8m	2.1m	2.7m	2.5m	4.5m	2.5m	2.4m	3.3m	3.5m
Equity`10/15`	750,744	412,662	393,231	384,891	259,588	532,437	344,809	360,193	351,721	446,626	456,013	506,800	800,753	587,122	701,568	592,936	599,975	511,361	480,289
Contributions`10/11`	61,500	61,500	61,500	61,500	61,500	485,000	485,000	485,000	-	640,000	640,000	640,000	640,000	484,920	484,920	217,620	217,620	217,620	217,620
Capital`10`	61,500	61,500	61,500	61,500	-	-	-	-	485,000	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	61,500	61,500	61,500	61,500	61,500	485,000	485,000	485,000	485,000	640,000	640,000	640,000	640,000	484,920	484,920	217,620	217,620	217,620	217,620
Uncalled capital`101`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Contributions outside capital`11`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Share premium`1100/10`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Revaluation surpluses`12`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Reserves`13`	689,244	351,162	331,731	323,391	198,088	156,179	104,559	104,559	104,559	138,086	139,113	142,936	160,753	177,931	216,648	375,316	41,676	43,501	46,095
Non-distributable reserves`130/1`	6,150	6,150	6,150	6,150	6,500	-	-	-	-	-	-	0	0	0	0	0	-	-	-
Legal reserve`130`	6,150	6,150	6,150	6,150	6,500	41,409	41,409	41,409	41,409	54,742	54,742	54,742	54,742	48,492	48,492	21,762	21,762	21,762	21,762
Own shares acquired`1312`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Other`1319`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Tax-exempt reserves`132`	63,150	114,770	114,770	114,770	114,770	114,770	63,150	63,150	63,150	83,344	84,372	88,194	106,011	128,473	167,189	18,750	19,914	21,739	24,333
Distributable reserves`133`	619,944	230,241	210,811	202,470	76,817	-	-	0	-	0	0	0	0	967	967	334,804	-	-	-
Profit (loss) carried forward`14`	0	0	0	0	0	-108,742	-244,750	-229,366	-237,838	-331,460	-323,100	-276,135	0	-75,730	0	0	340,678	250,240	216,574
Investment grants`15`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Advance to shareholders on the distribution of net assets`19`	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-
Provisions and deferred taxes`16`	494,120	484,549	529,003	652,475	677,776	738,994	687,774	610,285	531,047	572,226	633,217	618,762	811,545	791,636	911,776	856,971	1.0m	1.1m	1.3m
Provisions for liabilities and charges`160/5`	494,120	484,549	529,003	652,475	677,776	738,994	687,774	610,285	531,047	572,226	632,688	616,265	799,874	768,398	868,602	856,971	1.0m	1.1m	1.3m
Pensions and similar obligations`160`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Taxes`161`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Major repairs and maintenance`162`	494,120	484,549	529,003	652,475	677,776	738,994	687,774	610,285	531,047	-	-	-	-	-	-	-	-	-	-
Environmental obligations`163`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Other liabilities and charges`164/5`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Deferred taxes`168`	-	-	-	-	-	-	-	0	-	0	529	2,497	11,672	23,237	43,174	0	599	1,539	2,875
Amounts payable`17/49`	1.3m	1.3m	1.0m	734,439	1.6m	644,340	821,756	1.1m	878,709	538,628	727,520	951,990	1.1m	1.1m	2.9m	1.1m	834,707	1.7m	1.7m
Amounts payable after more than one year`17`	334,834	210,284	48,060	33,297	58,448	30,595	105,531	179,632	252,888	-	15,335	72,416	127,491	128,577	273,436	43,179	52,099	92,973	42,138
Financial debts`170/4`	334,834	210,284	48,060	33,297	58,448	30,595	105,531	179,632	252,888	-	15,335	72,416	127,491	128,577	273,436	43,179	52,099	92,973	42,138
Trade debts`175`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Advances received on contracts in progress`176`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Other amounts payable`178/9`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Amounts payable within one year`42/48`	886,270	1.0m	890,036	635,815	1.5m	550,091	655,534	864,605	565,781	476,575	643,898	808,283	936,430	956,523	2.6m	983,423	750,592	1.5m	1.7m
Current portion of amounts payable after more than one year`42`	128,290	127,150	25,131	25,152	55,633	74,936	74,101	73,256	72,420	15,335	57,081	101,217	122,587	100,016	161,187	44,714	40,874	39,774	15,634
Financial debts`43`	-	-	-	-	-	-	-	-	-	-	-	50,067	0	6,667	125,000	0	-	-	25,000
Credit institutions`430/8`	-	-	-	-	-	-	-	0	-	0	0	0	0	6,667	125,000	0	-	-	25,000
Other loans`439`	-	-	-	-	-	-	-	0	-	0	0	50,067	0	0	0	0	-	-	-
Trade debts`44`	117,204	219,113	103,919	220,069	90,384	147,990	310,084	272,194	176,841	137,509	209,456	320,231	366,363	494,239	1.6m	468,431	335,563	498,905	647,293
Suppliers`440/4`	117,204	219,113	103,919	220,069	90,384	147,990	310,084	272,194	176,841	137,509	209,456	320,231	366,363	494,239	1.6m	468,431	335,563	498,905	647,293
Bills of exchange payable`441`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Advances received on contracts in progress`46`	0	23,999	-	0	139,583	-	-	0	-	0	0	0	0	0	0	100	1,750	-	-
Taxes, remuneration and social security`45`	144,391	126,058	130,162	137,494	146,625	111,253	95,187	114,208	122,211	135,984	131,821	121,687	211,829	203,128	361,060	100,482	118,026	153,016	122,211
Taxes`450/3`	44,415	26,615	26,795	35,029	19,143	24,725	9,799	15,738	13,195	12,931	25,843	8,755	87,126	82,982	190,641	48,109	47,787	72,113	49,663
Remuneration and social security`454/9`	99,976	99,443	103,368	102,465	127,482	86,528	85,387	98,470	109,016	123,053	105,978	112,932	124,703	120,146	170,419	52,373	70,239	80,903	72,548
Other amounts payable`47/48`	496,385	536,059	630,823	253,101	1.0m	215,911	176,162	404,947	194,309	187,747	245,540	215,081	235,650	152,472	306,727	369,695	254,378	841,253	854,147
Accrued charges and deferred income`492/3`	72,830	80,417	67,736	65,327	64,275	63,654	60,690	59,188	60,040	62,053	68,287	71,291	71,748	60,698	58,886	41,494	32,016	29,576	23,836
Income statement
Turnover`70`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Non-recurring operating income`76A`	41,331	16,785	15,277	165	-	-	-	0	10,772	663	10,500	46,124	9,964	8,862	30,366	12,343	8,254	29,744	-
Gross operating margin`9900`	2.2m	1.8m	1.7m	1.5m	1.9m	1.6m	1.3m	1.5m	1.3m	1.3m	1.5m	1.2m	2.1m	2.5m	2.1m	498,859	595,689	707,194	852,761
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
Remuneration, social security and pensions`62`	1.1m	1.1m	1.1m	1.1m	1.2m	1.1m	1.1m	1.0m	1.1m	1.1m	1.2m	1.4m	1.4m	1.9m	1.2m	552,258	616,468	709,679	734,848
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	312,062	244,141	164,670	169,991	161,915	149,700	178,672	173,002	210,046	170,609	192,762	248,162	244,347	396,660	514,601	75,317	81,305	91,089	131,039
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	0	-7,072	0	0	-311	-1,403	-6,874	-137	2,079	2,109	5,376	18,554
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	9,572	-44,454	-123,472	-25,301	-61,218	51,219	77,489	79,239	-41,180	-60,462	16,424	-183,609	24,450	-100,204	-38,140	-145,603	-125,191	-144,907	-103,699
Other operating charges`640/8`	51,340	67,019	51,065	40,437	48,101	54,315	59,743	40,500	46,221	55,014	62,931	45,793	52,658	70,869	53,090	17,421	17,280	16,765	16,081
Operating charges capitalised as restructuring costs`649`	-	-	-	-	-	-	-	0	-	0	0	-110,000	0	0	0	0	-	-	-
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	0	-	0	104,669	226,543	207,741	315,252	4,282	1,283	159	-	-
Operating profit (loss)`9901`	727,356	408,796	455,975	210,092	570,734	260,932	-31,337	221,460	55,824	-18,853	49,426	-129,514	395,842	273,651	393,779	-2,614	3,718	29,193	55,938
Financial income`75/76B`	26,647	10,316	15,775	26,590	25,285	20,034	23,919	35,595	18,855	19,456	18,185	27,454	31,035	61,541	15,712	1,740	121,670	47,794	40,636
Recurring financial income`75`	24,147	10,316	15,775	26,590	25,285	20,034	23,919	35,595	18,855	19,456	18,185	27,454	31,035	61,541	15,712	1,740	121,670	47,794	40,636
Non-recurring financial income`76B`	2,500	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	24,433	8,356	6,839	7,886	7,551	9,484	7,083	12,943	10,948	10,823	13,336	19,963	12,852	29,242	28,174	14,744	38,876	49,264	31,414
Recurring financial charges`65`	24,433	8,356	6,839	7,886	7,551	9,484	7,083	8,573	10,948	10,823	13,336	19,963	12,852	29,242	28,174	14,744	38,876	49,264	31,414
Non-recurring financial charges`66B`	-	-	-	-	-	-	-	4,369	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	729,570	410,755	464,910	228,796	588,468	271,482	-14,501	244,112	63,731	-9,557	-39,893	-302,442	216,248	-441	407,400	-4,558	94,608	57,468	65,159
Income taxes`67/77`	116,488	6,325	6,569	43,494	37,818	58,854	884	10,640	13,634	360	12,862	685	169,291	133,942	160,758	3,080	6,933	27,732	14,182
Profit (loss) for the period`9904`	613,082	404,430	458,341	185,303	550,651	212,628	-15,384	233,472	50,097	-9,387	-50,787	-293,952	58,522	-114,447	265,795	-7,039	88,614	31,072	52,312
Transfer from tax-exempt reserves`789`	51,620	-	-	-	-	-	-	0	-	1,027	3,822	17,817	22,461	38,717	37,196	1,164	1,825	2,594	2,594
Transfer to tax-exempt reserves`689`	-	-	-	-	0	51,620	-	0	-	0	0	0	0	0	83,403	0	-	-	-
Profit (loss) for the period to be appropriated`9905`	664,702	404,430	458,341	185,303	550,651	161,008	-15,384	233,472	50,097	-8,360	-46,965	-276,135	80,984	-75,730	219,588	-5,874	90,439	33,666	54,906
Appropriation of the result
Profit (loss) to be appropriated`9906`	664,702	404,430	458,341	185,303	441,909	-83,742	-244,750	-4,366	-227,836	-331,460	-323,100	-276,135	5,254	-75,730	219,588	334,804	340,678	250,240	251,574
Profit (loss) brought forward from the previous period`14P`	-	-	-	0	-	-	-	-	-277,933	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	-	-	-	-	-	-	0	-	0	0	0	41,994	0	659,406	0	-	-	-
Transfer to equity`691/2`	389,702	19,430	8,341	125,303	41,909	-	-	-	-	-	-	0	263	0	9,588	334,804	-	-	-
Addition to contributions`691`	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	0	-	0	0	0	263	0	8,622	0	-	-	-
To other reserves`6921`	389,702	19,430	8,341	125,303	41,909	-	-	0	-	0	0	0	0	0	967	334,804	-	-	-
Profit to be distributed`694/7`	275,000	385,000	450,000	60,000	400,000	25,000	-	225,000	10,000	-	-	0	46,985	0	869,406	0	-	-	35,000
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	0	-	0	0	0	46,985	0	659,406	0	-	-	-
Directors or managers`695`	275,000	385,000	450,000	60,000	400,000	25,000	-	225,000	10,000	0	0	0	0	0	210,000	0	-	-	35,000
Employees`696`	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	18.2	18.2	19.3	20.3	20.3	19.8	18.6	18.8	18.3	19.9	20.5	23.1	23.3	21.8	22.8	10.1	11.9	14.7	16
Hours worked`1013`	24,789	26,452	27,989	32,347	-	31,679	29,630	31,578	-	37,119	38,001	42,090	45,224	64,219	44,793	19,250	22,128	26,127	27,680
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Financial year	Type	Filed	Reference	Document
30-06-2025	abbreviated format	15-12-2025	2025-00581690	PDF
30-06-2024	abbreviated format	26-11-2024	2024-00604709	PDF
30-06-2023	abbreviated format	10-11-2023	2023-00509950	PDF
30-06-2022	abbreviated format	24-11-2022	2022-20524818	PDF
30-06-2021	abbreviated format	10-12-2021	2021-79900186	PDF
30-06-2020	abbreviated format	25-09-2020	2020-55700161	PDF
30-06-2019	abbreviated format	23-12-2019	2019-77100363	PDF
30-06-2018	abbreviated format	03-12-2018	2018-73500458	PDF
30-06-2017	abbreviated format	14-11-2017	2017-69700193	PDF
30-06-2016	abbreviated format	15-12-2016	2016-70300577	PDF
30-06-2015	abbreviated format	09-11-2015	2015-66500475	PDF
30-06-2014	abbreviated format	08-12-2014	2014-68600055	PDF
30-06-2013	abbreviated format	03-10-2013	2013-61300598	PDF
30-06-2012	abbreviated format	13-12-2012	2012-66300034	PDF
31-12-2010	abbreviated format	19-07-2011	2011-30000341	PDF
31-12-2009	abbreviated format	06-07-2010	2010-26500150	PDF
31-12-2008	abbreviated format	17-07-2009	2009-45900021	PDF
31-12-2007	abbreviated format	24-07-2008	2008-46900115	PDF
31-12-2006	abbreviated format	31-07-2007	2007-52100091	PDF
31-12-2005	abbreviated format	14-07-2006	2006-47303628	PDF
31-12-2004	abbreviated format	19-07-2005	2005-52105283	PDF
31-12-2003	abbreviated format	07-07-2004	2004-42102866	PDF
31-12-2002	abbreviated format	30-06-2003	2003-35602398	PDF
31-12-2001	abbreviated format	14-06-2002	2002-21404943	PDF
31-12-2000	abbreviated format	27-06-2001	2001-28200564	PDF
31-12-1999	abbreviated format	08-06-2000	2000-19801352	PDF
31-12-1998	abbreviated format	02-07-1999	1999-29600689	PDF
31-12-1997	abbreviated format	30-06-1998	1998-26801241	PDF
31-12-1996	abbreviated format	01-07-1997	1997-25502421	PDF
31-12-1995	abbreviated format	27-06-1996	1996-25400350	PDF
31-12-1994	abbreviated format	29-06-1995	1995-32203338	PDF
31-12-1993	abbreviated format	01-07-1994	1994-25005340	PDF
31-12-1992	abbreviated format	30-06-1993	1993-20501893	PDF

Year	Entries	Awarded	Paid
2025	1	€782	€825
2024	1	€1,470	€1,469
2023	1	€2,856	€3,013
2022	2	€8,545	€8,347

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2010	2009	2008	2007	2006
EBITDA	1.0m	652,937	620,644	380,084	732,650	410,632	147,336	394,462	265,870	151,756	242,188	118,648	640,189	670,312	908,380	72,703	85,023	120,282	186,977
Cash flow	925,144	648,571	623,011	355,294	712,566	362,328	163,288	406,474	260,143	161,221	141,975	-45,790	302,869	282,214	780,397	68,279	169,919	122,160	183,351
Investment in fixed assets	442,705	551,273	241,324	85,203	405,992	156,658	203,678	64,629	704,934	221,226	67,362	256,422	543,459	297,973	5.1m	85,615	41,181	23,658	198,099
Change in cash	293,290	-185,831	127,206	-596,457	166,017	303,618	-163,600	472,681	-255,166	-84,442	396,709	-367,542	350,098	-	187,147	6,633	-43,683	45,771	-
Working capital	378,107	12,454	67,670	219,948	99,405	619,807	431,197	394,717	236,090	471,958	504,340	371,751	800,950	428,258	368,712	-183,154	-24,513	10,810	-3,982
Solvency	29.6%	18.6%	20.4%	21.7%	10.3%	27.8%	18.6%	17.4%	20.0%	28.7%	25.1%	24.4%	29.1%	23.3%	15.6%	23.5%	24.6%	15.5%	13.8%
Current ratio	1.43	1.01	1.08	1.35	1.07	2.13	1.66	1.46	1.42	1.99	1.78	1.46	1.86	1.45	1.14	0.81	0.97	1.01	1.00
Quick ratio	1.21	0.99	1.03	1.16	0.86	1.87	1.42	1.21	1.03	1.73	1.55	1.16	1.62	1.28	1.04	0.74	0.86	0.96	0.95
Debt to equity	1.72	3.21	2.56	1.91	6.09	1.21	2.38	3.06	2.50	1.21	1.60	1.88	1.42	1.95	4.11	1.80	1.39	3.24	3.60
ROE	81.7%	98.0%	116.6%	48.1%	212.1%	39.9%	-4.5%	64.8%	14.2%	-2.1%	-11.1%	-58.0%	7.3%	-19.5%	37.9%	-1.2%	14.8%	6.1%	10.9%
ROA	24.1%	18.2%	23.8%	10.5%	21.9%	11.1%	-0.8%	11.3%	2.8%	-0.6%	-2.8%	-14.1%	2.1%	-4.5%	5.9%	-0.3%	3.6%	0.9%	1.5%
Interest coverage	42.54	78.14	90.74	48.20	-	-	-	-	24.28	-	-	-	-	-	-	-	-	-	-

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Employees at the balance-sheet date	17	20	20	21
full-time	9	13	13	15
part-time	8	7	7	6
in full-time equivalents	14.8	18.1	18	19
Average over the year, in full-time equivalents	18.2	18.2	19.3	20.3
On a permanent contract	17	20	20	21
Joined	0	1	1	2
Left	3	0	3	3

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Debts secured on the company's own assets	€463,123	€22,500	€22,500	€22,500
Pledge on the business	€100,000	€100,000	€100,000	€100,000

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	€442,705	€551,273	€241,324	€85,203
Depreciation and write-downs of the year	€312,062	€244,141	€164,670	€169,991

FINGAS registered office since 29-01-1992 · founded in 1991	2.4 FTE (2025) 0446.241.867
GASIM registered office since 29-01-1992 · founded in 1991	total assets €6.5m (2025) 0446.241.768
Toerisme Oost-Vlaanderen establishment since 01-10-1957 · founded in 1948	35 FTE (2025) 0407.710.695
R-I Europe registered office since 02-10-1984 · founded in 1984	total assets €294,596 (2025) 0426.261.550
PIETERBOSTOEN.COM establishment since 01-01-2022 · founded in 2021	total assets €91,085 (2025) 0777.747.087
ConnectEV België establishment since 15-06-2024 · founded in 2023 · negative equity (2025)	total assets €23,262 (2025) 1003.829.640
Bonheure, Andres (sole trader) establishment since 01-11-2009	founded in 2009 0820.757.382
Commandite Bernard Vilain et Cie branch since 01-01-1968	founded in 1968 0400.067.095

Name	2006	2007	2008	2009	2010
MULTIGAS 2008: 44.02% 2009 to 2010: 44%			44.02%	44%
ALKA-GAS 2006 to 2007: 99%	99%

Establishment	Since	Unit number
Wiedauwkaai 109 registered office 9000 Ghent	29-01-1992	2.055.974.188
Industriepark 35 3300 Tienen	31-12-2009	2.185.671.405

Cadastral parcel	Area	Buildings	Height / floors
24594C0085/00F000	2,069 m²	1 · 844 m²	7.4 m · 2
44813T0225/00A000	1,374 m²	1 · 376 m²	7.8 m · 2

Overview

Lifetime

Key points

Equity

Turnover

Staff

Filings

Restructuring

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts to 30-06-2025

Insights on MULTIGAS

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency29.6%

Current ratio1.43

Return on assets24.1%

Staff

Staff cost per FTE€59,584

Joined and left-3

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 5 entries, €13,653 awarded, €13,654 paid

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on MULTIGAS

Board & ownership

Board

Mandates through the years

Control

Capital

Owners through the years

Network & group

Holdings

Belgium 1 Equity Result

Parent

At the same address

Holdings through the years

Acquisitions and mergers

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the addresses

Location

Parcels

Invoicing and payment

Seveso establishment Seveso establishment A Seveso establishment is a site that holds certain substances above a legal threshold. The rules of the European Seveso Directive therefore apply there. The lower or upper tier sets the operator's duties.

Seveso establishment