MULTIVALENT
Annual accounts 2025
micro format, filed on 28-04-2026, 2 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €120,000 and €210,000.
Balance sheet
balance sheet total €57,650 on 30-09-2025in euro
in euro
Position in the sector
50.4%
Higher than 45% of 39,368 companies in 2025.
2.00
Higher than 49% of 38,051 companies in 2025.
85.4%
Higher than 95% of 38,523 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
57,650 | 30,577 | 18,544 | 17,617 | 6,628 | 5 | 0 | 118 | 197 | 2 | 436,354 | 436,404 | 436,321 | 436,337 | 436,328 | 436,959 | 436,751 | |
21/28 |
528 | 908 | - | - | - | - | - | - | - | - | 436,317 | 436,317 | 436,317 | 436,317 | 436,317 | 436,317 | 436,317 | |
22/27 |
528 | 908 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
23 |
528 | 908 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | - | - | - | 436,317 | 436,317 | 436,317 | 436,317 | 436,317 | 436,317 | 436,317 | |
29/58 |
57,122 | 29,669 | 18,544 | 17,617 | 6,628 | 5 | 0 | 118 | 197 | 2 | 37 | 87 | 4 | 20 | 11 | 642 | 434 | |
40/41 |
47,897 | 24,556 | 15,073 | 8,110 | 6,074 | - | - | - | - | - | - | - | - | - | - | 600 | 240 | |
40 |
10,317 | 10,483 | 13,112 | 8,033 | 6,074 | - | - | - | - | - | - | - | - | - | - | - | - | |
41 |
37,579 | 14,072 | 1,961 | 77 | - | - | - | - | - | - | - | - | - | - | - | 600 | 240 | |
54/58 |
9,225 | 440 | 24 | 2,007 | 554 | 5 | 0 | 118 | 197 | 2 | 37 | 87 | 4 | 20 | 11 | 42 | 195 | |
490/1 |
- | 4,673 | 3,447 | 7,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
57,650 | 30,577 | 18,544 | 17,617 | 6,628 | 5 | 0 | 118 | 197 | 2 | 436,354 | 436,404 | 436,321 | 436,337 | 436,328 | 436,959 | 436,751 | |
10/15 |
29,078 | -20,152 | -91,364 | -172,828 | -197,949 | -203,655 | -185,887 | -205,075 | -224,143 | -243,169 | 194,574 | 195,354 | 196,089 | 196,187 | 196,923 | 198,170 | 206,042 | |
10/11 |
30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
100 |
- | - | - | - | - | 61,973 | 61,973 | 61,973 | 61,974 | 61,974 | 61,974 | 61,974 | 61,974 | 61,974 | 61,974 | 61,973 | 61,973 | |
101 |
- | - | - | - | - | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
13 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 206,197 | 206,197 | 206,197 | 206,197 | 206,197 | 206,197 | 206,197 | |
130/1 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | |
1311 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
- | - | - | - | - | - | - | - | - | - | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | |
14 |
-8,106 | -57,336 | -128,548 | -210,012 | -235,133 | -240,839 | -223,071 | -242,259 | -261,327 | -280,353 | -42,610 | -41,830 | -41,095 | -40,997 | -40,261 | -39,014 | -31,142 | |
17/49 |
28,572 | 50,730 | 109,908 | 190,445 | 204,577 | 203,660 | 185,887 | 205,193 | 224,340 | 243,171 | 241,780 | 241,050 | 240,232 | 240,150 | 239,405 | 238,790 | 230,710 | |
17 |
- | 40,500 | 97,600 | 139,800 | 178,000 | 190,000 | 155,000 | 175,000 | 205,000 | 235,000 | 155,475 | 181,875 | 181,875 | 181,875 | 181,875 | 181,875 | 175,500 | |
170/4 |
- | 40,500 | 97,600 | 139,800 | 178,000 | 190,000 | 155,000 | 175,000 | 205,000 | 235,000 | 155,475 | 181,875 | 181,875 | 181,875 | 181,875 | 181,875 | 175,500 | |
42/48 |
28,572 | 10,230 | 6,947 | 38,459 | 21,222 | 13,660 | 30,887 | 30,193 | 19,340 | 8,171 | 86,305 | 59,175 | 57,806 | 57,580 | 57,044 | 56,915 | 54,310 | |
43 |
1,372 | - | - | - | - | - | - | - | - | - | - | - | 31,065 | 31,064 | 31,064 | 31,065 | 31,065 | |
430/8 |
1,372 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
439 |
- | - | - | - | - | - | - | - | - | - | - | - | 31,065 | 31,064 | 31,064 | 31,065 | 31,065 | |
44 |
2,444 | 2,433 | 1,457 | 426 | 689 | - | - | - | - | - | 1,168 | 1,308 | - | - | 3,000 | 3,000 | - | |
440/4 |
2,444 | 2,433 | 1,457 | 426 | 689 | - | - | - | - | - | 1,168 | 1,308 | - | - | 3,000 | 3,000 | - | |
46 |
- | - | - | 9,075 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
24,757 | 7,797 | 5,489 | 13,904 | 8,697 | - | - | - | - | - | - | - | - | - | - | - | - | |
450/3 |
24,757 | 7,797 | 5,489 | 13,904 | 8,697 | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
- | - | - | 15,054 | 11,837 | 13,660 | 30,887 | 30,193 | 19,340 | 8,171 | 85,137 | 57,867 | 26,741 | 26,516 | 22,980 | 22,850 | 23,245 | |
492/3 |
- | - | 5,361 | 12,186 | 5,355 | - | - | - | - | - | - | - | 551 | 695 | 486 | - | 900 | |
| Income statement | ||||||||||||||||||
9900 |
79,602 | 73,951 | 85,754 | 27,338 | 9,920 | -17,000 | 20,071 | 20,019 | 20,044 | - | - | - | - | - | - | -839 | 7,260 | |
630 |
380 | 233 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
471 | 661 | 1,843 | 1,670 | - | 686 | 760 | 872 | 713 | 713 | 674 | 670 | - | 695 | 1,086 | 483 | 1,553 | |
66A |
- | - | - | - | - | - | - | - | - | 436,935 | - | - | - | - | - | - | - | |
9901 |
78,750 | 73,057 | 83,911 | 25,668 | 9,920 | -17,686 | 19,310 | 19,147 | 19,331 | -713 | -674 | -670 | - | -695 | -1,086 | -1,321 | 5,707 | |
75/76B |
785 | 828 | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | |
75 |
785 | 828 | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | |
65/66B |
10,900 | 189 | 2,447 | 547 | 7 | 82 | 123 | 79 | 305 | 95 | 106 | 65 | 98 | 41 | 161 | 6,552 | 6,856 | |
65 |
10,900 | 189 | 2,447 | 547 | 7 | 82 | 123 | 79 | 305 | 95 | 106 | 65 | 98 | 41 | 161 | 6,552 | 6,856 | |
9903 |
68,636 | 73,695 | 81,464 | 25,121 | 9,913 | -17,768 | 19,188 | 19,068 | 19,026 | -437,743 | -780 | -735 | -98 | -736 | -1,247 | -7,872 | -1,149 | |
67/77 |
19,405 | 2,484 | - | - | 67 | - | - | - | - | - | - | - | - | - | - | - | 5,351 | |
9904 |
49,230 | 71,212 | 81,464 | 25,121 | 9,846 | -17,768 | 19,188 | 19,068 | 19,026 | -437,743 | -780 | -735 | -98 | -736 | -1,247 | -7,872 | -6,500 | |
9905 |
49,230 | 71,212 | 81,464 | 25,121 | 9,846 | -17,768 | 19,188 | 19,068 | 19,026 | -437,743 | -780 | -735 | -98 | -736 | -1,247 | -7,872 | -6,500 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-8,106 | -57,336 | -128,548 | -210,012 | -235,133 | -240,839 | -223,071 | -242,259 | -261,327 | -480,353 | -42,610 | -41,830 | -41,095 | -40,997 | -40,261 | -39,014 | -31,142 | |
14P |
-57,336 | -128,548 | -210,012 | -235,133 | -244,979 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | 200,000 | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The accounts for 7 older financial years (2000-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 28-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 28-04-2026 | 2026-00090438 | |
| 30-09-2024 | micro format | 29-04-2025 | 2025-00078872 | |
| 30-09-2023 | micro format | 29-04-2024 | 2024-00072087 | |
| 30-09-2022 | micro format | 25-04-2023 | 2023-00064763 | |
| 30-09-2021 | micro format | 29-04-2022 | 2022-20012779 | |
| 30-09-2020 | micro format | 28-04-2021 | 2021-11400532 | |
| 30-09-2019 | micro format | 30-01-2020 | 2020-03800014 | |
| 30-09-2018 | micro format | 11-03-2019 | 2019-06700133 | |
| 30-09-2017 | micro format | 18-01-2018 | 2018-01800078 | |
| 30-09-2016 | abbreviated format | 12-01-2017 | 2017-01400019 | |
| 30-09-2015 | abbreviated format | 09-03-2016 | 2016-06200074 | |
| 30-09-2014 | abbreviated format | 12-05-2015 | 2015-11900563 | |
| 30-09-2013 | abbreviated format | 26-05-2014 | 2014-14200299 | |
| 30-09-2012 | abbreviated format | 23-04-2013 | 2013-09800291 | |
| 30-09-2011 | abbreviated format | 25-04-2012 | 2012-09900249 | |
| 30-09-2010 | abbreviated format | 29-04-2011 | 2011-09700272 | |
| 30-09-2009 | abbreviated format | 07-06-2010 | 2010-15600231 | |
| 30-06-2008 | abbreviated format | 27-02-2009 | 2009-06200015 | |
| 30-06-2007 | abbreviated format | 28-12-2007 | 2007-85600145 | |
| 30-06-2006 | abbreviated format | 08-01-2007 | 2007-00504616 | |
| 30-06-2005 | abbreviated format | 13-09-2006 | 2006-78004807 | |
| 30-06-2004 | abbreviated format | 10-06-2005 | 2005-23704046 | |
| 30-06-2003 | abbreviated format | 30-12-2003 | 2003-86303234 | |
| 30-06-2002 | abbreviated format | 22-01-2003 | 2003-02103793 | |
| 30-06-2001 | abbreviated format | 14-12-2001 | 2001-75703405 | |
| 30-06-2000 | abbreviated format | 05-03-2001 | 2001-05700013 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 79,131 | 73,290 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 49,611 | 71,444 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 0 | 1,141 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| 8,785 | 416 | -1,983 | 1,453 | - | 5 | -118 | -79 | 195 | -35 | -50 | 83 | -16 | 9 | -31 | -153 | - | ||
| 28,550 | 19,439 | 11,597 | -20,842 | -14,594 | -13,655 | -30,887 | -30,075 | -19,143 | -8,169 | -86,268 | -59,088 | -57,802 | -57,560 | -57,033 | -56,272 | -53,875 | ||
| 50.4% | -65.9% | -492.7% | -981.0% | - | - | - | - | - | - | 44.6% | 44.8% | 44.9% | 45.0% | 45.1% | 45.4% | 47.2% | ||
| 2.00 | 2.90 | 2.67 | 0.46 | 0.31 | - | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | ||
| 0.98 | - | - | - | - | - | - | - | - | - | 1.24 | 1.23 | 1.23 | 1.22 | 1.22 | 1.20 | 1.12 | ||
| 169.3% | - | - | - | - | - | - | - | - | - | -0.4% | -0.4% | 0.0% | -0.4% | -0.6% | -4.0% | -3.2% | ||
| 85.4% | 232.9% | 439.3% | 142.6% | 148.5% | - | - | - | - | - | -0.2% | -0.2% | 0.0% | -0.2% | -0.3% | -1.8% | -1.5% | ||
| 7.26 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,141 | - | - | - |
| €380 | €233 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MULTIVALENT
The operating result for 2025 is 8% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total is 49.6%.