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MULTITEL

Active
Non-profit associationfounded 199926 yrs activeRue Pierre et Marie Curie 2, 7000 Mons, BelgiumKBO/BCE: BE 0470.813.848
Summary

MULTITEL has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.2m and a net result of €192,127. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 35% of 226 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability80▲+1
Solvency50▼-1
Growth69▼-2
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290,000 at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.09 in 2023; short-term debt: 68.3% and cash: 21.1% of total assets), and 74.6% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Scientific research and development (NACE 72)
about 30% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
25.4%
Return on assets
1.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
16 d early
2023
13 d early
2022
31 d early
2021
31 d early
2020
3 d early
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MULTITEL was incorporated on 29 December 1999.1 The board currently has 2 members; Frédéric LENOBLE has served longest, since 2026.2 Revenue grew from EUR 2.6 million in 2018 to EUR 3.7 million in 2024 and headcount from 59.2 to 78.3 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 18-09-2026
  3. 3National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Turnover
€3.7m▼ 3.2%
2023 · €3.8m
EBIT margin
-7.1%▲ 2.6pp
2023 · -9.8%
Net result
€192,127▲ 187%
2023 · €67,045
Working capital
€1.2m▲ 9.5%
2023 · €1.1m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€2.4m▲ 4.4%€3.0m▲ 26.9%€3.7m▲ 21.9%€3.8m▲ 2.7%€3.7m▼ 3.2%
Operating result€273,552€63▼ 100.0%-€165,953-€372,178▼ 124%-€263,160▲ 29.3%
Net result€475,691above the sector's middle half▲ 501,789%€173,843above the sector's middle half▼ 63.5%€14,081within the sector's middle half▼ 91.9%€67,045within the sector's middle half▲ 376%€192,127above the sector's middle half▲ 187%
EBIT margin11.4%▲ 21.0pp0.0%▼ 11.4pp-4.5%▼ 4.5pp-9.8%▼ 5.3pp-7.1%▲ 2.6pp
Equity€4.1mabove the sector's middle half▲ 5.6%€4.2mabove the sector's middle half▲ 2.6%€5.0mabove the sector's middle half▲ 19.3%€4.5mabove the sector's middle half▼ 9.1%€4.2mabove the sector's middle half▼ 7.2%
Total assets€13.3mabove the sector's middle half▲ 14.0%€17.6mabove the sector's middle half▲ 32.3%€17.9mabove the sector's middle half▲ 1.5%€17.5mabove the sector's middle half▼ 2.4%€16.5mabove the sector's middle half▼ 5.5%
Debt€9.3m▲ 18.1%€13.5m▲ 45.3%€12.9m▼ 4.0%€13.0m▲ 0.2%€12.3m▼ 4.9%
Working capital€953,236within the sector's middle half▲ 63.0%€1.4mwithin the sector's middle half▲ 45.2%€1.1mwithin the sector's middle half▼ 23.9%€1.1mwithin the sector's middle half▲ 2.8%€1.2mwithin the sector's middle half▲ 9.5%
Solvency30.5%within the sector's middle half▼ 2.4pp23.6%within the sector's middle half▼ 6.8pp27.8%within the sector's middle half▲ 4.1pp25.9%within the sector's middle half▼ 1.9pp25.4%within the sector's middle half▼ 0.5pp
Current ratio1.11below the sector's middle half▲ 0.031.11below the sector's middle half=1.09below the sector's middle half▼ 0.021.09within the sector's middle half=1.11within the sector's middle half▲ 0.02
Return on assets (ROA)3.6%within the sector's middle half▲ 3.6pp1.0%within the sector's middle half▼ 2.6pp0.1%within the sector's middle half▼ 0.9pp0.4%within the sector's middle half▲ 0.3pp1.2%within the sector's middle half▲ 0.8pp
Staff (FTE)55above the sector's middle half▼ 1.3%61.4above the sector's middle half▲ 11.6%60.1above the sector's middle half▼ 2.1%64.8above the sector's middle half▲ 7.8%78.3above the sector's middle half▲ 20.8%
above within below the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000-€250,000€0€250,000€500,000Operating result 2020: €273,552€273,552Net result 2020: €475,691€475,691Operating result 2021: €63€63Net result 2021: €173,843€173,843Operating result 2022: -€165,953-€165,953Net result 2022: €14,081€14,081Operating result 2023: -€372,178-€372,178Net result 2023: €67,045€67,045Operating result 2024: -€263,160-€263,160Net result 2024: €192,127€192,12720202021202220232024-€400,000-€200,000€0€200,000Operating result 2022: -€165,953-€166,000Net result 2022: €14,081€14,100Operating result 2023: -€372,178-€372,000Net result 2023: €67,045€67,000Operating result 2024: -€263,160-€263,000Net result 2024: €192,127€192,000202220232024
The operating result stays negative: a loss of €263,160 in 2024 against €372,178 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16.5m
Fixed assets €4.1m ▼ 6.7%
Current assets €12.5m ▼ 5.1%
Equity and liabilities €16.5m
Equity €4.2m ▼ 7.2%
Debt €12.3m ▼ 4.9%
Debt's share of the balance-sheet total rises from 74.1% to 74.6%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€853,304▼
2023 · €1.5m
Cash flow
€1.3m▼
2023 · €1.9m
Debt to equity
2.94▲
2023 · 2.87
ROE
4.6%▲
2023 · 1.5%
Interest coverage
23.96▼
2023 · 64.55
Debt ≤ 1 year
€11.3m▼
2023 · €12.0m
Debt > 1 year
€1.0m▲
2023 · €890,947
Income taxes
€19,787▲
2023 · €11,775
Staff costs
€6.8m▲
2023 · €5.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 734 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
0.8% went bankrupt
1.4% stopped otherwise
97% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 734 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 73 lines
Balance sheet Code20232024
Assets
Total assets20/58€17.5m€16.5m▼
Fixed assets21/28€4.3m€4.1m▼
Intangible fixed assets21€12,606€8,237▼
Tangible fixed assets22/27€4.0m€3.8m▼
Land and buildings22€3.3m€2.7m▼
Plant, machinery and equipment23€153,920€186,369▲
Furniture and vehicles24€519,660€916,419▲
Other tangible fixed assets26€23,115€0▼
Financial fixed assets28€320,745€253,449▼
Affiliated companies280/1€266,950€199,863▼
Participating interests280€148,691€148,691=
Amounts receivable281€118,259€51,172▼
Other financial fixed assets284/8€53,795€53,586▼
Shares284€25,000€25,000=
Amounts receivable and cash guarantees285/8€28,795€28,586▼
Current assets29/58€13.1m€12.5m▼
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€7.4m€8.9m▲
Trade receivables40€7.1m€8.7m▲
Other amounts receivable41€221,523€204,640▼
Cash at bank and in hand54/58€5.7m€3.5m▼
Deferred charges and accrued income490/1€69,451€68,577▼
Equity and liabilities
Total equity and liabilities10/49€17.5m€16.5m▼
Equity10/15€4.5m€4.2m▼
Profit (loss) carried forward14€1.8m€2.0m▲
Investment grants15€2.7m€2.2m▼
Amounts payable17/49€13.0m€12.3m▼
Amounts payable after more than one year17€890,947€1.0m▲
Financial debts170/4€890,947€1.0m▲
Credit institutions173€890,947€1.0m▲
Amounts payable within one year42/48€12.0m€11.3m▼
Current portion of amounts payable after more than one year42€209,110€341,321▲
Financial debts43€130,238€130,254=
Credit institutions430/8€130,238€130,254=
Trade debts44€345,963€431,143▲
Suppliers440/4€345,963€431,143▲
Advances received on contracts in progress46€10.4m€9.3m▼
Taxes, remuneration and social security45€942,649€989,852▲
Taxes450/3€82,511€72,416▼
Remuneration and social security454/9€860,138€917,436▲
Accrued charges and deferred income492/3€21,978€7,901▼
Income statement Code20232024
Operating income70/76A€9.7m€10.0m▲
Turnover70€3.8m€3.7m▼
Other operating income74€5.9m€6.2m▲
Non-recurring operating income76A€18,236€91,565▲
Operating charges60/66A€10.1m€10.2m▲
Goods for resale, raw materials and consumables60€390,843€82,132▼
Purchases600/8€155,559€82,132▼
Change in stocks: decrease (increase)609€235,284€0▼
Services and other goods61€2.1m€2.1m▲
Remuneration, social security and pensions62€5.7m€6.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.8m€1.1m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€100,804€9,071▲
Other operating charges640/8€172,179€163,431▼
Non-recurring operating charges66A€19,903€21,356▲
Operating profit (loss)9901-€372,178-€263,160▲
Financial income75/76B€528,452€551,164▲
Recurring financial income75€528,452€551,164▲
Income from current assets751€9,766€31,871▲
Other financial income752/9€518,686€519,293▲
Financial charges65/66B€77,454€76,090▼
Recurring financial charges65€77,454€76,090▼
Debt charges650€22,657€35,618▲
Other financial charges652/9€54,798€40,472▼
Profit (loss) for the period before taxes9903€78,820€211,914▲
Income taxes67/77€11,775€19,787▲
Taxes670/3€11,775€19,787▲
Tax adjustments and reversals of tax provisions77€0€0▼
Profit (loss) for the period9904€67,045€192,127▲
Profit (loss) for the period to be appropriated9905€67,045€192,127▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.8m€2.0m▲
Profit (loss) brought forward from the previous period14P€1.7m€1.8m▲
Social balance
Average headcount (FTE)908764.878.3▲

The notes to these accounts (104 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€7.5m€8.4m€9.7m€10.0m▲ 2.7%
Turnover70€2.4m€3.0m€3.7m€3.8m€3.7m▼ 3.2%
Other operating income74-€4.4m€4.7m€5.9m€6.2m▲ 5.3%
Non-recurring operating income76A-€9,382€29,675€18,236€91,565▲ 402%
Operating charges60/66A-€7.5m€8.6m€10.1m€10.2m▲ 1.5%
Goods for resale, raw materials and consumables60-€259,882€439,492€390,843€82,132▼ 79.0%
Purchases600/8-€429,144€281,461€155,559€82,132▼ 47.2%
Change in stocks: decrease (increase)609--€169,262€158,031€235,284€0▼ 100%
Services and other goods61-€1.6m€2.1m€2.1m€2.1m▲ 0.4%
Remuneration, social security and pensions62-€4.8m€5.0m€5.7m€6.8m▲ 18.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€800,762€683,621€791,467€1.8m€1.1m▼ 39.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€52,523-€100,804€9,071▲ 109%
Other operating charges640/8-€110,390€106,983€172,179€163,431▼ 5.1%
Non-recurring operating charges66A--€5,093€19,903€21,356▲ 7.3%
Operating profit (loss)9901€273,552€63-€165,953-€372,178-€263,160▲ 29.3%
Financial income75/76B-€261,666€304,326€528,452€551,164▲ 4.3%
Recurring financial income75€261,467€261,666€304,326€528,452€551,164▲ 4.3%
Income from current assets751---€9,766€31,871▲ 226%
Other financial income752/9-€261,666€304,326€518,686€519,293▲ 0.1%
Financial charges65/66B-€79,785€115,831€77,454€76,090▼ 1.8%
Recurring financial charges65€51,572€79,785€115,831€77,454€76,090▼ 1.8%
Debt charges650€23,510€23,623€26,977€22,657€35,618▲ 57.2%
Other financial charges652/9-€56,162€88,854€54,798€40,472▼ 26.1%
Profit (loss) for the period before taxes9903€483,448€181,944€22,542€78,820€211,914▲ 169%
Income taxes67/77€7,757€8,101€8,461€11,775€19,787▲ 68.0%
Taxes670/3-€8,101€8,461€11,775€19,787▲ 68.0%
Tax adjustments and reversals of tax provisions77---€0€0▼ 100%
Profit (loss) for the period9904€475,691€173,843€14,081€67,045€192,127▲ 187%
Profit (loss) for the period to be appropriated9905€475,691€173,843€14,081€67,045€192,127▲ 187%
Line20202021202220232024Change
Assets
Total assets20/58€13.3m€17.6m€17.9m€17.5m€16.5m▼ 5.5%
Fixed assets21/28€3.6m€3.7m€5.0m€4.3m€4.1m▼ 6.7%
Intangible fixed assets21€36,112€15,211€17,127€12,606€8,237▼ 34.7%
Tangible fixed assets22/27€3.4m€3.5m€4.6m€4.0m€3.8m▼ 5.5%
Land and buildings22-€2.6m€3.9m€3.3m€2.7m▼ 18.9%
Plant, machinery and equipment23-€189,971€187,538€153,920€186,369▲ 21.1%
Furniture and vehicles24-€448,970€446,192€519,660€916,419▲ 76.3%
Other tangible fixed assets26-€0€9,453€23,115€0▼ 100%
Assets under construction and advance payments27-€255,405----
Financial fixed assets28€174,350€205,690€361,551€320,745€253,449▼ 21.0%
Affiliated companies280/1-€148,691€332,755€266,950€199,863▼ 25.1%
Participating interests280-€148,691€148,691€148,691€148,691=
Amounts receivable281--€184,064€118,259€51,172▼ 56.7%
Other financial fixed assets284/8-€56,999€28,795€53,795€53,586▼ 0.4%
Shares284-€25,000€25,000€25,000€25,000=
Amounts receivable and cash guarantees285/8-€31,999€3,795€28,795€28,586▼ 0.7%
Current assets29/58€9.7m€14.0m€12.9m€13.1m€12.5m▼ 5.1%
Amounts receivable after more than one year29-€248,613----
Other amounts receivable291-€248,613----
Stocks and contracts in progress3€224,053€393,316€235,284-€0-
Stocks30/36-€393,316€235,284---
Goods purchased for resale34-€393,316€235,284---
Amounts receivable within one year40/41€6.0m€7.2m€6.9m€7.4m€8.9m▲ 21.1%
Trade receivables40-€6.9m€6.4m€7.1m€8.7m▲ 22.0%
Other amounts receivable41-€286,369€500,838€221,523€204,640▼ 7.6%
Cash at bank and in hand54/58€3.1m€6.1m€5.8m€5.7m€3.5m▼ 38.9%
Deferred charges and accrued income490/1-€21,079€47,422€69,451€68,577▼ 1.3%
Equity and liabilities
Total equity and liabilities10/49€13.3m€17.6m€17.9m€17.5m€16.5m▼ 5.5%
Equity10/15€4.1m€4.2m€5.0m€4.5m€4.2m▼ 7.2%
Profit (loss) carried forward14€1.6m€1.7m€1.7m€1.8m€2.0m▲ 10.6%
Investment grants15-€2.4m€3.2m€2.7m€2.2m▼ 19.2%
Amounts payable17/49€9.3m€13.5m€12.9m€13.0m€12.3m▼ 4.9%
Amounts payable after more than one year17€499,666€871,313€1.0m€890,947€1.0m▲ 16.9%
Financial debts170/4-€871,313€1.0m€890,947€1.0m▲ 16.9%
Credit institutions173-€871,313€1.0m€890,947€1.0m▲ 16.9%
Amounts payable within one year42/48€8.7m€12.6m€11.9m€12.0m€11.3m▼ 6.4%
Current portion of amounts payable after more than one year42-€192,312€235,739€209,110€341,321▲ 63.2%
Financial debts43-€1.3m€1.1m€130,238€130,254=
Credit institutions430/8-€1.3m€1.1m€130,238€130,254=
Trade debts44€72,176€504,174€621,144€345,963€431,143▲ 24.6%
Suppliers440/4-€504,174€621,144€345,963€431,143▲ 24.6%
Advances received on contracts in progress46-€9.2m€9.1m€10.4m€9.3m▼ 10.9%
Taxes, remuneration and social security45-€716,565€850,163€942,649€989,852▲ 5.0%
Taxes450/3-€43,736€44,964€82,511€72,416▼ 12.2%
Remuneration and social security454/9-€672,830€805,199€860,138€917,436▲ 6.7%
Accrued charges and deferred income492/3-€25,913€25,320€21,978€7,901▼ 64.0%
Line20202021202220232024Change
Profit (loss) for the period9904€475,691€173,843€14,081€67,045€192,127▲ 187%
+ Depreciation and write-downs630€800,762€683,621€791,467€1.8m€1.1m▼ 39.1%
Operating cash flow (approximation)€1.3m€857,465€805,548€1.9m€1.3m▼ 31.2%
Investment in fixed assets (approximation)--€729,412-€2.1m-€1.2m-€823,015▲ 32.8%
Change in cash-€3.0m-€341,263-€60,163-€2.2m▼ 3,584%

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

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Timeline · acts, filings and financial milestones

2026
18-09
State Gazette act Appointments: Olivier DESENFANS (director) and Frédéric LENOBLE (director)
Resignations: SAUSSEZ (director) and Jacques VERLY (director)9 facts ▸
  • Board meeting, 16-04-2026
  • Director appointment, Olivier DESENFANS (director)
  • Director appointment, Frédéric LENOBLE (director)
  • Director resignation, SAUSSEZ (director)
  • Board meeting, 16-04-2026
  • Board meeting, 24-06-2025
  • Director resignation, Jacques VERLY (director)
  • General meeting, 18-06-2026
  • General meeting, 16-06-2025
2025
15-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €475,691 ▲501,789%
Operating result €273,552, net result €475,691, both a record.
24-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €95 ▼98.2%
Net result drops to €95, the lowest in the series; recovery starts the following year.
26-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 28 acts read
About the unread acts

Of the 28 Belgian State Gazette acts we know for this company, 1 has been read. The other 27 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 directors, last change in 2026
Frédéric LENOBLE
Director · since 16-04-2026
Current
Olivier DESENFANS
Director · since 16-04-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
27 of this company's 28 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Mons · 6 establishment units since 1999
seat establishment approximate 5 of 6 establishment units on the map
Ground area
2.8 ha
Building footprint
1.1 ha
Volume, LiDAR
100,142 m³
5 parcels, Wallonia · tallest building 22.3 m, ±6 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
6 establishment units
MULTITEL
Rue Pierre et Marie Curie 2, 7000 MonsNACE 73100
since 19992.155.208.653
Multitel Dolez
Boulevard Dolez 31, 7000 MonsScientific research and development
since 20122.309.853.773
Multitel Negundo
Rue du Progrès(FRY) 13, 7503 TournaiScientific research and development
since 20122.309.854.565
Multitel A6K
Square des Martyrs -, 6000 CharleroiScientific research and development
since 20192.309.854.862
Multitel Barchon
Parc Artisanal de Blegny 11-13, 4671 BlégnyScientific research and development
since 20212.324.384.967
Multitel Galaxia
Devant les Hêtres,Transinne 2, 6890 LibinScientific research and development
since 20222.330.582.475
5 parcels
Wallonia 5 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
84070A0654/00L013 Wallonia 1.1 ha 1 · 5,068 m² 11.1 m · 3 fl.
53402A0191/00K005 Wallonia 6,710 m² 1 · 1,347 m² 14.3 m · 4 fl.
62010F0033/00C002 Wallonia 4,448 m² 1 · 993 m² -
53405C0001/00H038 Wallonia 3,333 m² 1 · 2,053 m² 22.3 m · 6 fl.
57031B0362/00T004 Wallonia 2,944 m² 1 · 1,086 m² 14.9 m · 4 fl.
Linked by address, not proof of ownership
Good to know
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

4 people since 2025, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Frédéric LENOBLE
  • Director, from 16-04-2026 to date
Olivier DESENFANS
  • Director, from 16-04-2026 to date
SAUSSEZ
  • Director, until 18-09-2026
Jacques VERLY
  • Director, until 30-06-2025
See the board, name and seat on a given date →

Structure & network

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
IMBC SPINNOVA
Shared director
→

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1

Public money · subsidies and aid

European Union, budget

2021 to 2025 · 14 entries · 4,007,123 EUR in total
Year Entries awarded
2025 1 61,796 EUR
2023 5 1,373,661 EUR
2022 4 2,268,737 EUR
2021 4 302,930 EUR
Projects
TEF-HEALTH - TESTING AND EXPERIMENTATION FACILITY FOR HEALTH AI AND ROBOTICS
Digital Europe Programme · 01-01-2023 to 31-12-2027 · 1,447,987 EUR
UCAIR - ULTRA-FAST CHEMICAL ANALYSIS IMAGING WITH RAMAN
Horizon Europe · 01-01-2024 to 30-06-2027 · 719,567 EUR
PHOTONGATE - DEVELOPMENT OF PHOTONIC MULTI-SENSING SYSTEMS BASED ON MOLECULAR-GATES BIORECOGNITION AND PLASMONIC SENSORS
Horizon Europe · 01-12-2022 to 30-11-2025 · 634,811 EUR
MULTILAB - MULTI-MODAL, CONFIGURABLE OPTICAL LAB-ON-CHIP PLATFORM FOR LOW-COST MULTIPURPOSE DIAGNOSTICS & MONITORING
Horizon Europe · 01-01-2024 to 31-12-2027 · 616,252 EUR
GRACED - ULTRA-COMPACT, LOW-COST PLASMO-PHOTONIC BIMODAL MULTIPLEXING SENSOR PLATFORMS AS PART OF A HOLISTIC SOLUTION FOR FOOD QUALITY MONITORING
Horizon Europe · 01-01-2021 to 30-06-2024 · 224,875 EUR
Show 5 more projects
BE-QCI - BELGIAN-QCI
Digital Europe Programme · 01-01-2023 to 30-06-2025 · 115,026 EUR
WALHUB - WALHUB, TO BOOST THE DIGITAL TRANSFORMATION OF MANUFACTURING COMPANIES AND THE ADOPTION OF KEY TECHNOLOGIES - I.E. AI, HPC, CYBERSECURITY AND IOT - IN THEIR INDUSTRIAL AND SUPPLY CHAIN PROCESSES
Digital Europe Programme · 01-11-2022 to 31-10-2025 · 108,754 EUR
MULTIPOINT - MULTIBEAM FEMTOSECOND LASER SYSTEM FOR HIGH THROUGHPUT MICRO-DRILLING OF HLFC STRUCTURES
Horizon Europe · 01-01-2019 to 31-10-2022 · 62,051 EUR
EDIH WALLONIA : POWERING THE FUTURE OF BUSINESS WITH ARTIFICIAL INTELLIGENCE AND KEY TECHNOLOGIES
Digital Europe Programme · 01-03-2026 to 28-02-2029 · 61,796 EUR · EDIH 2 WallonIA
CONCORDA
Connecting Europe Facility, Transport · 01-10-2017 to 30-06-2021 · 16,004 EUR

European research

26 projects · 3 as coordinator · 11,291,713 EUR EU contribution
Programmes
13 entries · 4,480,095 EUR
8 entries · 3,675,955 EUR
5 entries · 3,135,663 EUR
Projects
Video/Audio Networked surveillance system enhAncement through Human-cEntered adaptIve Monitoring
Seventh Framework Programme · coordinator · 01-02-2010 to 30-09-2013 · 893,330 EUR · VANAHEIM
Development of photonic multi-sensing systems based on molecular-gates biorecognition and plasmonic sensors
Horizon Europe · participant · 01-12-2022 to 31-05-2026 · 757,344 EUR · PHOTONGATE
ULTRA-FAST CHEMICAL ANALYSIS IMAGING WITH RAMAN
Horizon Europe · participant · 01-01-2024 to 31-12-2027 · 719,569 EUR · uCAIR
Advancing photonic sensor systems for a smarter and safer food and poultry future
Horizon Europe · participant · 01-09-2026 to 28-02-2030 · 707,500 EUR · Sensor4Food
Electrical Steel Structuring, Insulating and Assembling by means of the Laser technologies
Horizon 2020 · participant · 01-11-2017 to 31-07-2022 · 704,455 EUR · ESSIAL
Show 21 more projects
Multi-modal, configurable optical lab-on-chip platform for low-cost multipurpose diagnostics & monitoring
Horizon Europe · participant · 01-01-2024 to 31-12-2027 · 616,250 EUR · MultiLab
Multibeam Femtosecond Laser System for High Throughput Micro-drilling of HLFC Structures
Horizon 2020 · participant · 01-01-2019 to 31-03-2023 · 610,000 EUR · MULTIPOINT
LASER FOR MASS PRODUCTION OF FUNCTIONALISED METALLIC SURFACES
Horizon 2020 · participant · 01-10-2017 to 31-03-2021 · 595,625 EUR · LASER4SURF
Components for Highly Advanced time-Resolved fluorescence MIcroscopy based on Nonlinear Glass fibres
Seventh Framework Programme · coordinator · 01-09-2011 to 28-02-2015 · 527,029 EUR · Charming
Label Free Nanoscopy Using Infra Red
Seventh Framework Programme · participant · 01-04-2012 to 30-09-2015 · 494,750 EUR · LANIR
Ultra-compact, low-cost plasmo-photonic bimodal multiplexing sensor platforms as part of a holistic solution for food quality monitoring
Horizon 2020 · participant · 01-01-2021 to 31-12-2024 · 481,875 EUR · GRACED
Polymer Photonic multiparametric biochemical SENSor for Point of care diagnostics
Seventh Framework Programme · coordinator · 01-01-2010 to 31-12-2012 · 478,400 EUR · P3SENS
Advanced Tools to assEss and mitigate the criticality of ICT compoNents and their dependencies over Critical InfrAstructures
Horizon 2020 · participant · 01-05-2016 to 31-05-2019 · 446,875 EUR · ATENA
Advanced Lasers for Photovoltaic INdustrial processing Enhancement
Seventh Framework Programme · participant · 01-09-2009 to 31-08-2012 · 444,078 EUR · ALPINE
Innovative Mid-infrared high Power source for resonant ablation of Organic based photovoltaic devices
Seventh Framework Programme · participant · 01-09-2010 to 28-02-2014 · 425,125 EUR · IMPROV
Innovation driven Collaborative European Inland Waterways Transport Network
Horizon 2020 · participant · 01-05-2020 to 31-10-2023 · 398,750 EUR · IW-NET
EnviGuard – Development of a biosensor technology for environmental monitoring and disease prevention in aquaculture ensuring food safety
Seventh Framework Programme · participant · 01-12-2013 to 30-11-2018 · 381,425 EUR · ENVIGUARD
Belgian AI Factory Antenna
Horizon Europe · participant · 01-04-2026 to 31-03-2029 · 335,000 EUR · BE-AIFA
Solutions for voice interaction towards natural crew assistant
Horizon 2020 · participant · 01-03-2018 to 29-02-2020 · 310,000 EUR · VOICI
Laser equipment ASsessment for High impAct innovation in the manufactuRing European industry
Seventh Framework Programme · participant · 01-09-2013 to 30-11-2018 · 249,300 EUR · LASHARE
Cybersecurity on SCADA: risk prediction, analysis and reaction tools for Critical Infrastructures
Seventh Framework Programme · participant · 01-01-2012 to 31-12-2014 · 184,143 EUR · CockpitCI
Open Architecture for Accessible Services Integration and Standardisation
Seventh Framework Programme · participant · 01-01-2008 to 31-12-2011 · 172,249 EUR · OASIS
Tool for sistemic risk analysis and secure mediation of data exchanged across linked CI information infrastructures
Seventh Framework Programme · participant · 01-09-2008 to 28-02-2011 · 162,000 EUR · MICIE
Virtualisation of the testing environment
Horizon 2020 · participant · 01-11-2016 to 31-12-2018 · 128,375 EUR · VITE
Coordination action for enhancing the breakthrough of intelligent textile systems (e-textiles and wearable Microsystems)
Seventh Framework Programme · participant · 01-05-2008 to 31-07-2011 · 42,800 EUR · SYSTEX
Network for EXchange and PRototype Evaluation of photonicS componentS and Optical systems
Seventh Framework Programme · participant · 01-06-2010 to 28-02-2014 · 25,466 EUR · Nexpresso

Recognitions · licences · registrations

Legal Entity Identifier

549300FE5Y6E0QDBCT67
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 1,177 companies in sector 72109 we hold annual accounts for 717. 314 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded29-12-1999
Fiscal year end31-12
Activities, NACEBEL 2025
72109Other research and development on natural sciences
E-invoicing
Reachable via Peppol
Peppol ID 0208:0470813848
Registered 29-01-2026

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.