ACTIVE

Altrad Services

Financial year 2025 · closed on 31/08/2025
Net result
9,2 M €
+39.7% YoY
Revenue
172 M €
+3.3% YoY
Equity
41,2 M €
+29.0% YoY
Workforce
1 098,5 ETP
+1.2% YoY

What does Altrad Services do?

Altrad Services is a Public limited company incorporated in 1968. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 1 098,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.000.446
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Havinkbeekstraat(VER) 9
9130 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
19 427 450,29 €
Latest accounts
31/08/2025
Average workforce
1 098,5 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222020201920182017201620152014201320112010200920082007
Income statement
Revenue172 M €166,5 M €158 M €142,9 M €80,5 M €96,8 M €128,9 M €120,7 M €92,7 M €73,4 M €58,8 M €61,4 M €80,4 M €71,1 M €6,9 M €5,3 M €3,3 M €
EBITDA12,3 M €7,5 M €5,7 M €5,4 M €3,3 M €5,2 M €4 M €6,9 M €7,4 M €4,6 M €-453,4 k €1,2 M €4,1 M €8 M €104,5 k €66,7 k €134,2 k €
Operating result12,1 M €7,8 M €4,3 M €5,7 M €4,2 M €5,2 M €4 M €6,9 M €6,3 M €4,7 M €-439,9 k €1,5 M €4 M €7,5 M €50,2 k €292,2 k €226,7 k €
Net result9,2 M €6,6 M €3 M €5,7 M €4,1 M €4,1 M €3,2 M €5,1 M €4,4 M €3,4 M €-277 k €1 M €1,6 M €6,8 M €229,9 k €68,1 k €5,8 M €
Balance sheet
Equity41,2 M €31,9 M €30,3 M €27,3 M €28 M €23,9 M €19,8 M €16,6 M €11,5 M €11,1 M €9,7 M €10 M €11,2 M €9,6 M €2,8 M €320,6 k €252,5 k €
Total assets108,4 M €89,5 M €86,2 M €116 M €64 M €71,7 M €68,7 M €76,5 M €61,6 M €43 M €40 M €31,2 M €42,9 M €34,4 M €5,3 M €5,5 M €3,8 M €
Cash3,3 k €3,1 k €1,9 k €3,7 k €13,8 k €17 k €17,7 k €9 k €11,4 k €16,9 k €3,6 k €3,5 k €1,2 k €1,1 M €2,9 M €91 €6,4 k €
Debts43 M €34,6 M €38,3 M €74,5 M €26,6 M €38,2 M €38,9 M €47,1 M €39,3 M €27,3 M €27,4 M €18,3 M €25,9 M €20,3 M €2,2 M €5 M €3,2 M €
Other
Workforce1 098,5 ETP1 085,4 ETP1 070,6 ETP1 025,3 ETP576,6 ETP609,4 ETP552,9 ETP545,0 ETP555,8 ETP561,8 ETP533,0 ETP532,9 ETP641,3 ETP509,4 ETP34,0 ETP39,2 ETP53,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 3 active · 23 ended

Active mandates

BESTco Solutions

Director · since 01 novembre 2025 · until 31 octobre 2031 · 0797.551.420

Represented by Steven Beyers

Active
DIMM

Director · since 14 juillet 2022 · until 31 octobre 2025 · 0830.676.326

Represented by Myriam Daenen

Active
Altrad Logistics Benelux

Managing director · since 07 décembre 2020 · until 06 décembre 2026 · 0416.658.253

Represented by Patrick Breyne

Active

Ended mandates

DIMM

Director · since 14 juillet 2022 · until 13 juillet 2028 · 0830.676.326

Represented by Myriam Daenen

Ended
Altrad Investment Authority BO

Director · since 18 janvier 2018 · until 18 janvier 2024

Represented by Isabelle Montfort

Ended
Altrad Logistics Benelux

Managing director · since 18 janvier 2018 · until 18 janvier 2024 · 0416.658.253

Represented by Patrick Breyne

Ended
Altrad Logistics Benelux

Administrator - manager · since 18 janvier 2018 · until 18 janvier 2024 · 0416.658.253

Represented by Jan De Swert

Ended
At this address

Other companies at this address

CompanyCBE no.
0416.658.253
REMOVE INSULActive
0453.507.860
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/02/202613/02/202520/02/202409/02/202311/02/202217/02/2021
General meeting15/01/202616/01/202518/01/202419/01/202320/01/202221/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/08/202515/01/202605/02/2026DutchPDF
Full model31/08/202416/01/202513/02/2025DutchPDF
Full model31/08/202318/01/202420/02/2024DutchPDF
Full model31/08/202219/01/202309/02/2023DutchPDF
Full model31/08/202120/01/202211/02/2022DutchPDF
Full model31/08/202021/01/202117/02/2021DutchPDF
Full model31/08/201916/01/202028/02/2020DutchPDF
Full model31/08/201821/02/201929/03/2019DutchPDF
Full model31/08/201718/01/201815/02/2018DutchPDF
Full model31/08/201619/01/201713/02/2017DutchPDF
Full model31/08/201521/01/201619/02/2016DutchPDF
Full model31/08/201429/01/201523/02/2015DutchPDF
Full model31/08/201316/01/201413/02/2014DutchPDF
Full model31/08/201207/02/201301/03/2013DutchPDF
Full model31/08/201119/01/201217/02/2012DutchPDF
Full model31/08/201020/01/201117/02/2011DutchPDF
Full model31/08/200921/01/201018/02/2010DutchPDF
Full model31/08/200815/01/200912/02/2009DutchPDF
Full model31/08/200717/01/200825/03/2008DutchPDF
Full model31/08/200618/01/200716/02/2007DutchPDF
Full modelCorrection31/12/200518/01/200716/02/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/08/2025 · 3 active · 23 ended

Active mandates

BESTco Solutions

Director · since 01 novembre 2025 · until 31 octobre 2031 · 0797.551.420

Represented by Steven Beyers

Active
DIMM

Director · since 14 juillet 2022 · until 31 octobre 2025 · 0830.676.326

Represented by Myriam Daenen

Active
Altrad Logistics Benelux

Managing director · since 07 décembre 2020 · until 06 décembre 2026 · 0416.658.253

Represented by Patrick Breyne

Active

Ended mandates

DIMM

Director · since 14 juillet 2022 · until 13 juillet 2028 · 0830.676.326

Represented by Myriam Daenen

Ended
Altrad Investment Authority BO

Director · since 18 janvier 2018 · until 18 janvier 2024

Represented by Isabelle Montfort

Ended
Altrad Logistics Benelux

Managing director · since 18 janvier 2018 · until 18 janvier 2024 · 0416.658.253

Represented by Patrick Breyne

Ended
Altrad Logistics Benelux

Administrator - manager · since 18 janvier 2018 · until 18 janvier 2024 · 0416.658.253

Represented by Jan De Swert

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/01/2026
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring15/09/2021
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring05/07/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other08/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 17/03/2026
    nominationDIMM BV — bestuurder
  2. 01/11/2025
    nominationBESTco Solutions BV — bestuurder
  3. 2025
    Annual accounts 20259,2 M €
  4. 16/01/2025
    nominationBV Grant Thornton bedrijfsrevisoren — commissaris
  5. 2024
    Annual accounts 20246,6 M €
  6. 2023
    Annual accounts 20233 M €
  7. 2022
    Annual accounts 20225,7 M €
  8. 14/07/2022
    nominationODimm BV — bestuurder
  9. 22/01/2022
    reconductionBV Grant Thornton bedrijfsrevisoren — commissaris
  10. 2020
    Annual accounts 20204,1 M €
  11. 2019
    Annual accounts 20194,1 M €
  12. 2018
    Annual accounts 20183,2 M €
  13. 2017
    Annual accounts 20175,1 M €
  14. 2016
    Annual accounts 20164,4 M €
  15. 2015
    Annual accounts 20153,4 M €
  16. 2014
    Annual accounts 2014-277 k €
  17. 2013
    Annual accounts 20131 M €
  18. 2011
    Annual accounts 20111,6 M €
  19. 2010
    Annual accounts 20106,8 M €
  20. 2009
    Annual accounts 2009229,9 k €
  21. 2008
    Annual accounts 200868,1 k €
  22. 2007
    Annual accounts 20075,8 M €
  23. 01/01/1968
    IncorporationPublic limited company