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MULTILAND

Inactive
KBO/BCE: BE 0642.832.064

Inactive; last annual accounts for financial year 2025. Dissolved without liquidation.

MULTILANDInactive

Overview

Activity
“2/ Het verlenen van technische, administratieve, financiële en commerciële bijstand in de meest ruime…” (deed in Dutch)
From the articles, 13 activitiesNo NACE code in the KBO yet
Size
≈ €17,000turnover 2025, estimated
Equity
-€371,871
Profit
€459
Turnover estimated from the gross margin
Financial health
Inactive: no score
Structure
Parent
H3 PROJECTS · 100%
4 of 5 deeds summarised
Signalsraises risk2025 accounts filed 10 days lateShow the evidence

Signals

1 signal.
raises risk
raises risk · 2025 accounts filed 10 days late
The financial year that closed on 18-12-2025 was due by 18-07-2026 and was filed on 28-07-2026, 10 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
10 days late
2025
31 days early
2024
on the day
2023
on the day
2022
3 days early
2021
16 days late
2020
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Restructuring · End & cessationMerger · Dissolution · Shareholding

Financials · financial year 2025, micro format

2025 annual accounts filed late (10 days) Filed on 28 July 2026, deadline 18 July 2026 (7 months after the close on 18 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00349430.

Turnover
≈ €17,000
Estimated: probably between €7,900 and €41,000
Total assets
€49,174▼ 54.5%
2025 · €108,147
Net result
€459
2025 · -€16,204
Working capital
-€382,062▲ 5.8%
2025 · -€405,452
Trend over the years

2022 to 2025, 5 financial years 2019 to 2025, 8 financial years

Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.001m 2025 Net result€459 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252025
Operating result€0.05m-€0.09m▲ 56.0%€0.007m▼ 92.3%€0.09m▲ 13×-€0.6m-€0.08m▲ 85.6%-€0.03m▲ 63.2%€0.001m-
Net result€0.02m-€0.07m▲ 227%€0.001m▼ 98.8%€0.06m▲ 73×-€0.6m-€0.1m▲ 81.1%-€0.02m▲ 84.8%€459-
Equity€0.2m-€0.3m▲ 34.1%€0.3m▲ 0.3%€0.3m▲ 21.7%-€0.2m-€0.4m▼ 42.8%-€0.4m▼ 4.6%-€0.4m-
Total assets€1.3m-€1.4m▲ 5.2%€1.2m▼ 15.7%€1.2m▼ 1.7%€0.4m▼ 65.7%€0.3m▼ 28.8%€0.1m▼ 61.5%€0.05m-
Debt€1.1m-€1.1m▲ 0.3%€0.9m▼ 19.3%€0.8m▼ 8.3%€0.6m▼ 23.0%€0.6m▼ 1.1%€0.5m▼ 24.6%€0.4m-
Working capital€0.2m-€0.2m▲ 38.4%€0.2m▲ 0.8%€0.3m▲ 18.0%-€0.4m-€0.4m▼ 24.9%-€0.4m▲ 7.6%-€0.4m-
Staff (FTE)5.1-4.9▼ 3.9%4.6▼ 6.1%3.9▼ 15.2%3.4▼ 12.8%0.3▼ 91.2%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
  • 2024 Net result +81% on 2023. The accounts now follow the micro format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Assets €49,174
Fixed assets €10,190 ▼ 69.2%
Current assets €38,983 ▼ 48.0%
Equity and liabilities
Equity-€371,871
Debt€421,045
Equity is negative: debt (€421,045) exceeds the balance-sheet total (€49,174).
Key figures and ratios
2025 value · change against 2025
EBITDA
€1,789▲
2025 · -€18,814
Cash flow
€1,639▲
2025 · -€5,305
Solvency
-756.2%▼
2025 · -344.3%
Current ratio
0.09▼
2025 · 0.16
ROA
0.9%▲
2025 · -15.0%
Interest coverage
11.93▲
2025 · -17.03
Debt ≤ 1 year
€421,045▼
2025 · €480,478
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2025 · 42 lines
Balance sheet Code20252025
Assets
Total assets20/58€108,147€49,174▼
Fixed assets21/28€33,121€10,190▼
Tangible fixed assets22/27€18,095€2,753▼
Furniture and vehicles24€18,095€2,753▼
Financial fixed assets28€15,026€7,437▼
Current assets29/58€75,027€38,983▼
Amounts receivable within one year40/41€36,368€36,218▼
Trade receivables40€13,139€900▼
Other amounts receivable41€23,228€35,318▲
Cash at bank and in hand54/58€38,096€2,613▼
Deferred charges and accrued income490/1€563€153▼
Equity and liabilities
Total equity and liabilities10/49€108,147€49,174▼
Equity10/15-€372,331-€371,871▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€392,791-€392,331▲
Amounts payable17/49€480,478€421,045▼
Amounts payable within one year42/48€480,478€421,045▼
Trade debts44€236€2,983▲
Suppliers440/4€236€2,983▲
Taxes, remuneration and social security45-€23
Taxes450/3-€23
Other amounts payable47/48€480,243€418,040▼
Income statement Code20252025
Non-recurring operating income76A-€5,672
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,899€1,180▼
Other operating charges640/8€1,250€450▼
Non-recurring operating charges66A€5,966-
Gross operating margin9900-€11,597€2,239▲
Operating profit (loss)9901-€29,713€609▲
Financial income75/76B€15,483-
Recurring financial income75€12,483-
Non-recurring financial income76B€3,000-
Financial charges65/66B€1,974€150▼
Recurring financial charges65€1,105€150▼
Non-recurring financial charges66B€869-
Profit (loss) for the period before taxes9903-€16,204€459▲
Profit (loss) for the period9904-€16,204€459▲
Profit (loss) for the period to be appropriated9905-€16,204€459▲
Appropriation of the result
Profit (loss) to be appropriated9906-€392,791-€392,331▲
Profit (loss) brought forward from the previous period14P-€376,587-€392,791▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023202420252025Change
Non-recurring operating income76A--€18,361----€5,672-
Remuneration, social security and pensions62--€151,742€137,945€105,678€24,081---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,361€20,281€6,102€8,491€15,195€26,654€10,899€1,180-
Other operating charges640/8--€1,505€121€2,385€1,022€1,250€450-
Non-recurring operating charges66A--€985--€8,355€5,966--
Gross operating margin9900€273,047€272,249€166,894€233,942-€437,381-€20,713-€11,597€2,239-
Operating profit (loss)9901€54,555€85,106€6,560€87,385-€560,638-€80,824-€29,713€609-
Financial income75/76B--€2,926€818€188€25,922€15,483--
Recurring financial income75€2,571€11,147€2,926€627€188€2,941€12,483--
Non-recurring financial income76B---€190-€22,981€3,000--
Financial charges65/66B--€8,298€11,557€3,310€51,803€1,974€150-
Recurring financial charges65€31,173€13,731€8,298€10,021€3,310€13,574€1,105€150-
Non-recurring financial charges66B---€1,536-€38,229€869--
Profit (loss) for the period before taxes9903€25,953€82,521€1,188€76,646-€563,761-€106,705-€16,204€459-
Income taxes67/77€5,909€17,038€417€20,441€390----
Profit (loss) for the period9904€20,045€65,484€771€56,205-€564,150-€106,705-€16,204€459-
Profit (loss) for the period to be appropriated9905€20,045€65,484€771€56,205-€564,150-€106,705-€16,204€459-
Line20192020202120222023202420252025Change
Assets
Total assets20/58€1.3m€1.4m€1.2m€1.2m€0.4m€0.3m€0.1m€0.05m-
Fixed assets21/28€0.05m€0.03m€0.03m€0.05m€0.1m€0.08m€0.03m€0.01m-
Intangible fixed assets21--€0.005m€0.003m€0.001m----
Tangible fixed assets22/27€0.04m€0.02m€0.02m€0.03m€0.09m€0.06m€0.02m€0.003m-
Plant, machinery and equipment23--€0.02m€0.01m€0.007m----
Furniture and vehicles24--€0.001m€0.02m€0.08m€0.06m€0.02m€0.003m-
Financial fixed assets28€0.01m€0.01m€0.01m€0.01m€0.009m€0.03m€0.02m€0.007m-
Current assets29/58€1.3m€1.4m€1.1m€1.1m€0.3m€0.2m€0.08m€0.04m-
Stocks and contracts in progress3€1.1m€1.0m€0.9m€0.5m-----
Stocks30/36--€0.9m€0.5m-----
Amounts receivable within one year40/41€0.03m€0.05m€0.04m€0.07m€0.06m€0.07m€0.04m€0.04m-
Trade receivables40--€0.02m€0.05m-€0.004m€0.01m€0.001m-
Other amounts receivable41--€0.02m€0.02m€0.06m€0.06m€0.02m€0.04m-
Current investments50/53€0.1m--------
Cash at bank and in hand54/58-€0.3m€0.2m€0.5m€0.2m€0.1m€0.04m€0.003m-
Deferred charges and accrued income490/1--€0.003m€0.005m--€0.001m€153-
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.4m€1.2m€1.2m€0.4m€0.3m€0.1m€0.05m-
Equity10/15€0.2m€0.3m€0.3m€0.3m-€0.2m-€0.4m-€0.4m-€0.4m-
Contributions10/11€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m-
Reserves13€0.2m€0.2m€0.2m€0.3m€0.002m€0.002m€0.002m€0.002m-
Non-distributable reserves130/1--€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m-
Reserves not available under the articles1311--€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m-
Distributable reserves133--€0.2m€0.3m-----
Profit (loss) carried forward14-----€0.3m-€0.4m-€0.4m-€0.4m-
Amounts payable17/49€1.1m€1.1m€0.9m€0.8m€0.6m€0.6m€0.5m€0.4m-
Amounts payable after more than one year17€0.01m--------
Amounts payable within one year42/48€1.1m€1.1m€0.9m€0.8m€0.6m€0.6m€0.5m€0.4m-
Financial debts43--€0.01m------
Credit institutions430/8--€0.01m------
Trade debts44€1.0m€1.1m€0.9m€0.7m-€435€236€0.003m-
Suppliers440/4--€0.9m€0.7m-€435€236€0.003m-
Taxes, remuneration and social security45--€0.03m€0.1m€0.01m--€23-
Taxes450/3--€0.004m€0.08m€0.01m--€23-
Remuneration and social security454/9--€0.02m€0.02m-----
Other amounts payable47/48--€0.001m€0.001m€0.6m€0.6m€0.5m€0.4m-
Accrued charges and deferred income492/3--€0.003m------
Line20192020202120222023202420252025Change
Profit (loss) for the period9904€20,045€65,484€771€56,205-€564,150-€106,705-€16,204€459-
+ Depreciation and write-downs630€20,361€20,281€6,102€8,491€15,195€26,654€10,899€1,180-
Operating cash flow (approximation)€40,405€85,765€6,873€64,695-€548,955-€80,052-€5,305€1,639-
Investment in fixed assets (approximation)--€656-€6,074-€21,285-€69,944-€7,569€38,809--
Change in cash---€118,786€311,892-€248,435-€101,930-€92,964--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
18-12-2025 micro format 28-07-2026 2026-00349430
30-09-2025 micro format 30-03-2026 2026-00069069
30-09-2024 micro format 30-04-2025 2025-00086137
30-09-2023 abbreviated format 30-04-2024 2024-00080930
30-09-2022 abbreviated format 27-04-2023 2023-00072543
30-09-2021 abbreviated format 16-05-2022 2022-20029149
30-09-2020 abbreviated format 28-05-2021 2021-15900139
30-09-2019 abbreviated format 28-05-2020 2020-13700336
30-09-2018 abbreviated format 30-04-2019 2019-12000562
30-09-2017 abbreviated format 27-04-2018 2018-11100008

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2024
Heeren Sammy
Director · since 03-02-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 5 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Heeren Sammy
  • Director, from 03-02-2024 to date
Heeren Amandus
  • Sole director, until 02-02-2024
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. H3 PROJECTS 100%
  2. MULTILAND

Highest known parent: H3 PROJECTS. The sources do not say who stands above it.

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 24-03-2026 ↗
  • UNEX enige aandeelhouder · all shares
Stated in the act act of 23-09-2025 ↗
  • UNEX (BE 0441.491.540) all shares · 100%

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Acquisitions and mergers

1 transaction
Taken over by:UNEX
BE 0441.491.540silent merger · Gazette deed of 24-03-2026 (3 acts)

History

The registered office was moved to Kermt in 2023.1 Since 2024, Heeren Sammy has served as director of MULTILAND.2 In 2026 the company was absorbed by merger into UNEX.3

  1. 1Belgian Official Gazette, 10-01-2023
  2. 2Belgian Official Gazette, 17-01-2025
  3. 3Belgian Official Gazette, 24-03-2026

Acts, filings and financial milestones

2026
28-07
NBB filing Annual accounts filed
financial year 2025 · micro format · 10 days late
30-03
NBB filing Annual accounts filed
financial year 2025 · micro format
24-03
Gazette deed Restructuring · End & cessation
Merger · Dissolution · Shareholding10 facts ▸
  • General meeting, 18-12-2025
  • Other provision, “vrijstelling voorlezing fusievoorstel, voorlezing van het fusievoorstel” (deed in Dutch)
  • Merger, “overgenomen vennootschap, overnemende vennootschap” (deed in Dutch)
  • Dissolution, merger, “fusie door overneming” (deed in Dutch)
  • Shareholding, “enige aandeelhouder” (deed in Dutch)
  • Other provision, “geen toekenning van aandelen in ruil voor vermogensovergang, overnemende vennootschap is enige aandeelhouder in overgenomen vennootschap” (deed in Dutch)
  • Accounting effect, 18-12-2025
  • Custody of records, “boeken en archieven, zetel van de overnemende vennootschap” (deed in Dutch)
  • Other provision, 29-12-2025
  • Director discharge, bestuurder van de overgenomen vennootschap (director)
2025
18-12
Financial Back to profitnet €459
Net result €459 after 3 loss-making years.
23-09
Gazette deed Restructuring · Miscellaneous
Director in office · Declaration · Merger5 facts ▸
  • Director in office, Sammy HEEREN (director) (2 times)
  • Declaration (2 times)
  • Merger, “geruisloze fusie, artikel 12:50 WVV” (deed in Dutch)
  • Shareholding, 100
  • Declaration, “artikel 12:57 WVV” (deed in Dutch)
30-04
NBB filing Annual accounts filed
financial year 2024 · micro format
17-01
Gazette deed Resignation: Heeren Amandus (sole director)
Appointment: Heeren Sammy (director)3 facts ▸
  • Director resignation, Heeren Amandus (sole director)
  • Director appointment, Heeren Sammy (director)
  • General meeting, 03-02-2024
2024
30-04
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
30-09
Financial Weakest financial yearnet -€564,150
Net result drops to -€564,150, the lowest in the series.
27-04
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
10-01
Gazette deed Registered office
Registered-office move1 fact ▸
  • Registered-office move, Pollenusstraat 39,3510 Kermt
2022
16-05
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 16 days late
Show earlier events
2021
28-05
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 28 days late
2020
30-09
Financial Highest result from 2019 to 2025net €65,484 ▲227%
Net result €65,484, the highest in the series.
30-09
Financial Equity above €200,000equity €257,753 ▲34.1%
A profit in every financial year since 2019 builds equity to €257,753.
28-05
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 28 days late
2019
30-04
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
27-04
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
4 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 4 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.
Inactive

Absorbed by UNEX in March 2026

MULTILAND is no longer in the KBO register: UNEX took it over in a merger by absorption, published in the Belgian Official Gazette on 24 March 2026.

Status
Inactive
Reason
Merger by absorption"silent merger", Belgian Official Gazette, 24 March 2026 · act
Absorbed by
UNEX · 0441.491.540
Last annual accounts
financial year to 18 December 2025
Last registered office
Pollenusstraat 39, 3510 Kermtas published on 24 March 2026
Legal form
Private limited company (pre-2019)
Active since
2017 (first annual accounts)
Official KBO record

Environmental permits

1 application in Flanders since 2024 · 1 granted
Slopen van niet vrijstaande gebouwen of constructies; Verwijderen van vrijstaande gebouwen
Granted on 02-08-2024submitted 10-07-2024authority: Hasseltproject 2024099324

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Articles of association

PurposeThe activities the company may carry out under its articles.
“2/ Het verlenen van technische, administratieve, financiële en commerciële bijstand in de meest ruime zin genomen aan derden of aanverwante…” (deed in Dutch)
13 activities (deed in Dutch)
  1. 2/ Het verlenen van technische, administratieve, financiële en commerciële bijstand in de meest ruime zin genomen aan derden of aanverwante bedrijven.
  2. 3/ De onderneming voor het beheer van eigen beleggingen en vermogens.
  3. 4/ De onderneming in onroerende goederen, welke onder meer omvat: de verwerving, de vervreemding, het beheer, de borgstelling, de uitbating, de valorisatie, de verkaveling, de ordening, de huur en verhuur, het doen bouwen en verbouwen, evenals alle welkdanige onroerende verhandelingen in de meest brede zin, met inbegrip van onroerende leasing met uitsluiting van alle handelingen welke door de wet aan bepaalde groepen zouden zijn voorbehouden.
  4. 5/ Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht, het verschaffen van informatie aan de bedrijfsleiding enz.
  5. 6/ De managementactiviteiten van holdings: het tussenkomen in het dagelijks bestuur, het vertegenwoordigen van bedrijven op grond van het bezit op controle over het maatschappelijk kapitaal en andere.
  6. 7/ Alle daden van beheer, bijstand en management van industriële, handels en burgerlijke vennootschappen, zowel door rechtstreekse deelname aan het bestuur als bij wijze van managementovereenkomst, zonder dat deze opsomming beperkend is.
  7. 8/ Het verlenen van advies op het gebied van het beheer van humanresources en financieel management en meer in het bijzonder het aanbrengen voor een beperkte duur van managers, en het uitvoeren van opdrachten voor bestaand management in bedrijven, overheidsdiensten of organisaties.
  8. 9/ Het deelnemen aan herstructureringen van ondernemingen en coachen van management.
  9. 10/ Het verlenen en het opvolgen van adviezen in het management en voor de interne en externe ontwikkelingen van de ondernemingen, organisaties, overheidsdiensten en openbare besturen.
  10. 11/ Het advies verlenen op het vlak van informatica en bedrijfsbeheer.
  11. 12/ Het geven van opleidingen en verzorgen van publicaties, onder welke vorm dan ook, met betrekking tot bovenstaande activiteiten.
  12. 13/ De overige activiteiten in verband met administratie.
  13. 14) De vennootschap kan eveneens belangen hebben door middel van inbreng, afstand, samenstelling of op gelijk welke andere manier in andere vennootschappen of gelijkaardige ondernemingen die van aard zijn om rechtstreeks of onrechtstreeks de ontwikkeling der zaken te bevorderen.

The full purpose is in the deed

Other provisionsOther rules from the articles that fall under none of the themes above.
Accounting effect: “Datum van de notariële akte van fusie” (deed in Dutch)
Other provision: “Fiscale verklaringen” (deed in Dutch)
2 more provisions in the deed, see the deed of 23-09-2025

Read from the deeds: 5 provisions, deed of 23-09-2025