AELTERMAN
0400.120.446 · rovalta.com · 24/09/2026
ACTIVE
AELTERMAN
Financial year 2025 · Closed on 31/12/2025
Net result
2,7 M €
+256,4 %over 1 yearRevenue
47,3 M €
+42,8 %over 1 yearEquity
10,6 M €
+12,7 %over 1 yearWorkforce
71,2 ETP
+8,5 %over 1 yearOverview
Identity
Source · BCE/KBOAELTERMAN is a Private limited company incorporated in 1968. Its registered office is in Gent. It employs on average 71,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0400.120.446
- Incorporation
- 01/01/1968
- Legal form
- Private limited company
- Registered office
- Christoffel Columbuslaan 5
9042 Gent · FlandreSee on map - Contributed capital
- 400 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 71,2 ETP
Joint committees (2)
- 111
- 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 47,3 M € | +42.8% | 33,2 M € | -1.4% | 33,6 M € | +3.2% | 32,6 M € | +45.0% | 22,5 M € |
| EBITDA | 4,2 M € | +210% | 1,4 M € | -49.2% | 2,7 M € | +568% | 400,7 k € | +177% | -519 k € |
| Operating result | 3,5 M € | +380% | 723,5 k € | -66.5% | 2,2 M € | +2624% | -85,7 k € | +88.9% | -771,1 k € |
| Net result | 2,7 M € | +256% | 756,3 k € | -50.8% | 1,5 M € | +15812% | -9,8 k € | +98.7% | -763,2 k € |
| Balance sheet | |||||||||
| Equity | 10,6 M € | +12.7% | 9,4 M € | +8.7% | 8,7 M € | +8.5% | 8 M € | -0.1% | 8 M € |
| Total assets | 25,7 M € | +13.3% | 22,7 M € | +1.4% | 22,4 M € | +16.0% | 19,3 M € | +3.8% | 18,6 M € |
| Cash | 1,7 M € | +124% | 766,2 k € | -59.7% | 1,9 M € | -51.7% | 3,9 M € | -21.6% | 5 M € |
| Debts | 15 M € | +13.4% | 13,3 M € | -3.4% | 13,7 M € | +21.5% | 11,3 M € | +7.0% | 10,6 M € |
| Other | |||||||||
| Workforce | 71,2 ETP | +8.5% | 65,6 ETP | +4.5% | 62,8 ETP | 0.0% | 62,8 ETP | -1.1% | 63,5 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20254 active · 23 ended
Active mandates
Ended mandates
Other companies at this address
Christoffel Columbuslaan 5 9042 Gent| Company | CBE no. |
|---|---|
| 0699.918.643 | |
| 0568.820.173 | |
TM AELTERMAN - ARTES DEPRET● Active | 1007.286.701 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 01/07/2026 | 09/07/2025 | 19/06/2024 | 26/06/2023 | 19/07/2022 | 15/07/2021 |
| General meeting | 27/05/2026 | 18/06/2025 | 29/05/2024 | 12/06/2023 | 30/06/2022 | 30/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 27/05/2026 | 01/07/2026 | Dutch | |
| Full model | 31/12/2024 | 18/06/2025 | 09/07/2025 | Dutch | |
| Full model | 31/12/2023 | 29/05/2024 | 19/06/2024 | Dutch | |
| Full model | 31/12/2022 | 12/06/2023 | 26/06/2023 | Dutch | |
| Full model | 31/12/2021 | 30/06/2022 | 19/07/2022 | Dutch | |
| Full model | 31/12/2020 | 30/06/2021 | 15/07/2021 | Dutch | |
| Full model | 31/12/2019 | 30/06/2020 | 03/07/2020 | Dutch | |
| Full model | 31/12/2018 | 28/06/2019 | 17/07/2019 | Dutch | |
| Full model | 31/12/2017 | 30/06/2018 | 30/08/2018 | Dutch | |
| Full model | 31/12/2016 | 30/06/2017 | 28/08/2017 | Dutch | |
| Full model | 31/12/2015 | 30/06/2016 | 20/09/2016 | Dutch | |
| Full model | 31/12/2014 | 08/06/2015 | 04/08/2015 | Dutch | |
| Full model | 31/12/2013 | 09/06/2014 | 10/07/2014 | Dutch | |
| Full model | 31/12/2012 | 10/06/2013 | 03/07/2013 | Dutch | |
| Full model | 31/12/2011 | 27/06/2012 | 30/08/2012 | Dutch | |
| Full model | 31/12/2010 | 27/06/2011 | 12/07/2011 | Dutch | |
| Full model | 31/12/2009 | 28/06/2010 | 16/07/2010 | Dutch | |
| Full model | 31/12/2008 | 22/06/2009 | 10/07/2009 | Dutch | |
| Full model | 31/12/2007 | 23/06/2008 | 11/07/2008 | Dutch | |
| Full model | 31/12/2006 | 29/06/2007 | 12/07/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20254 active · 23 ended
Active mandates
Ended mandates
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates25/02/2026ONTSLAGEN - BENOEMINGEN
- Mandates24/02/2026ONTSLAGEN - BENOEMINGEN
- Other23/11/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ALGEMENE VERGADERING
- Mandates31/10/2023ONTSLAGEN - BENOEMINGEN
- Mandates26/08/2022ONTSLAGEN - BENOEMINGEN
- Mandates17/03/2022ONTSLAGEN - BENOEMINGEN
- Mandates17/03/2022ONTSLAGEN - BENOEMINGEN
- Mandates04/08/2020ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20252,7 M €↑
- 2024Annual accounts 2024756,3 k €↓
- 2023Annual accounts 20231,5 M €↑
- 2022Annual accounts 2022-9,8 k €↑
- 2021Annual accounts 2021-763,2 k €↓
- 2020Annual accounts 20204,2 M €↑
- 2019Annual accounts 2019221,2 k €↑
- 2018Annual accounts 201851,6 k €↓
- 2017Annual accounts 20172,3 M €↑
- 2016Annual accounts 2016918,5 k €↓
- 2015Annual accounts 20151,8 M €↓
- 2014Annual accounts 20142 M €↓
- 2013Annual accounts 20132,9 M €↑
- 2012Annual accounts 20121 M €↑
- 2010Annual accounts 2010383,9 k €↑
- 2009Annual accounts 2009119,4 k €↓
- 2008Annual accounts 2008746,2 k €↑
- 2007Annual accounts 2007302,2 k €↑
- 2006Annual accounts 2006298,5 k €
- 01/01/1968IncorporationPrivate limited company