ACTIVE

Alvo

Financial year 2025 · closed on 31/12/2025
Net result
5,3 k €
+119.2% YoY
Gross margin
565,4 k €
+129.4% YoY
Equity
416,9 k €
+6.6% YoY
Workforce
2,8 ETP
+3.7% YoY

What does Alvo do?

Alvo is a Cooperative society incorporated in 1952. Its main activity is: Non-specialised wholesale of food, beverages and tobacco. Its registered office is in Temse. It employs on average 2,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.814.058
Incorporation
16/04/1952
Legal form
Cooperative society
Registered office
Schoenstraat 8
9140 Temse · FlandreSee on map
Contributed capital
129 768,03 €
Latest accounts
31/12/2025
Average workforce
2,8 ETP
Joint committees (3)
  • 119
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin565,4 k €246,4 k €257,8 k €325,3 k €433,6 k €406,6 k €293,2 k €349,2 k €398,5 k €11,2 M €
EBITDA306,6 k €15,9 k €19,2 k €39,3 k €152,1 k €160,8 k €36,5 k €38,8 k €34,1 k €92 k €95,1 k €41,9 k €35,1 k €145,6 k €-11,9 k €33,6 k €19,3 k €3,6 k €17 k €
Operating result73,8 k €3,2 k €5,4 k €11,9 k €126,6 k €99 k €4,3 k €6,8 k €8 k €-1,8 k €11,8 k €8,6 k €3,3 k €113,3 k €-5,6 k €-3,3 k €-17,4 k €-43,1 k €-32,8 k €
Net result5,3 k €2,4 k €3,7 k €748,8 €96,3 k €77,3 k €3,2 k €4,8 k €3,2 k €1,6 k €696,4 €1,7 k €1,9 k €3,1 k €1,9 k €2,2 k €545 €2,9 k €2,9 k €
Balance sheet
Equity416,9 k €390,9 k €391 k €378,3 k €381,3 k €289,2 k €215,2 k €208,7 k €203,1 k €184,7 k €185,6 k €183,2 k €176,5 k €179,5 k €173,3 k €176,8 k €172,4 k €163,1 k €159,9 k €
Total assets1,5 M €1,3 M €857,8 k €1,3 M €1,5 M €1,4 M €1,5 M €1,5 M €996 k €2,2 M €2,2 M €2,2 M €2,9 M €2,7 M €2,5 M €3,7 M €3,8 M €3,9 M €4,1 M €
Cash1,2 M €567,2 k €228,2 k €109,8 k €575 k €22,5 k €475,5 k €45,1 k €335,4 k €282,3 k €581,2 k €712,2 k €1,2 M €704,6 k €334,5 k €339,4 k €1,1 M €999,5 k €1,6 M €
Debts921,2 k €896,1 k €465,8 k €930,9 k €1,1 M €1,1 M €1,2 M €1,3 M €770,8 k €2 M €1,9 M €1,9 M €2,7 M €2,5 M €2,3 M €3,5 M €3,6 M €3,7 M €3,9 M €
Other
Workforce2,8 ETP2,7 ETP2,8 ETP3,2 ETP4,0 ETP3,9 ETP3,9 ETP4,6 ETP5,5 ETP6,4 ETP8,3 ETP8,4 ETP7,8 ETP8,3 ETP8,4 ETP7,8 ETP8,1 ETP8,0 ETP8,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 104 ended

Active mandates

Luc Rogge

Director · since 19 septembre 2023 · until 19 juin 2028

Active
Johan Debrandere

Director · since 26 juin 2023 · until 28 juin 2027

Active
PELBO INVEST

Director · since 01 janvier 2023 · until 19 juin 2028 · 0866.975.013

Represented by Jan Pelgrims

Active
Christianne Wickler

Director · since 28 juin 2021 · until 28 juin 2027

Active
Dirk Maes

Director · since 28 juin 2021 · until 28 juin 2027

Active
Jan Dams

Director · since 28 juin 2021 · until 28 juin 2027

Active
Johan Vermeire

Director · since 28 juin 2021 · until 28 juin 2027

Active
Kurt Van Turnhout

Director · since 28 juin 2021 · until 28 juin 2027

Active
Luc Debaene

Director · since 28 juin 2021 · until 28 juin 2027

Active
Steven Hertsens

Director · since 28 juin 2021 · until 28 juin 2027

Active

Ended mandates

Rog Man GCV

Director · since 27 juin 2022 · until 18 septembre 2023 · 0628.505.956

Represented by Luc Rogge

Ended
Rog Man GCV

Director · since 27 juin 2022 · until 19 juin 2028 · 0628.505.956

Represented by Luc Rogge

Ended
Bart Heylen

Director · since 28 juin 2021 · until 26 juin 2023

Ended
Bart Heylen

Director · since 28 juin 2021 · until 28 juin 2027

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/07/202628/06/202527/06/202404/07/202303/07/202213/07/2021
General meeting29/06/202623/06/202524/06/202426/06/202327/06/202228/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/06/202604/07/2026DutchPDF
Abridged model31/12/202423/06/202528/06/2025DutchPDF
Abridged model31/12/202324/06/202427/06/2024DutchPDF
Abridged model31/12/202226/06/202304/07/2023DutchPDF
Abridged model31/12/202127/06/202203/07/2022DutchPDF
Abridged model31/12/202028/06/202113/07/2021DutchPDF
Abridged model31/12/201929/06/202004/07/2020DutchPDF
Abridged model31/12/201824/06/201925/06/2019DutchPDF
Abridged model31/12/201725/06/201828/06/2018DutchPDF
Abridged model31/12/201626/06/201702/07/2017DutchPDF
Full model31/12/201513/06/201617/06/2016DutchPDF
Full model31/12/201429/06/201529/06/2015DutchPDF
Full model31/12/201316/06/201416/06/2014DutchPDF
Full model31/12/201217/06/201318/06/2013DutchPDF
Full model31/12/201125/06/201226/06/2012DutchPDF
Full model31/12/201011/07/201119/07/2011DutchPDF
Full model31/12/200928/06/201016/07/2010DutchPDF
Full model31/12/200808/06/200911/06/2009DutchPDF
Full model31/12/200730/06/200817/07/2008DutchPDF
Full model31/12/200625/06/200712/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 10 active · 104 ended

Active mandates

Luc Rogge

Director · since 19 septembre 2023 · until 19 juin 2028

Active
Johan Debrandere

Director · since 26 juin 2023 · until 28 juin 2027

Active
PELBO INVEST

Director · since 01 janvier 2023 · until 19 juin 2028 · 0866.975.013

Represented by Jan Pelgrims

Active
Christianne Wickler

Director · since 28 juin 2021 · until 28 juin 2027

Active
Dirk Maes

Director · since 28 juin 2021 · until 28 juin 2027

Active
Jan Dams

Director · since 28 juin 2021 · until 28 juin 2027

Active
Johan Vermeire

Director · since 28 juin 2021 · until 28 juin 2027

Active
Kurt Van Turnhout

Director · since 28 juin 2021 · until 28 juin 2027

Active
Luc Debaene

Director · since 28 juin 2021 · until 28 juin 2027

Active
Steven Hertsens

Director · since 28 juin 2021 · until 28 juin 2027

Active

Ended mandates

Rog Man GCV

Director · since 27 juin 2022 · until 18 septembre 2023 · 0628.505.956

Represented by Luc Rogge

Ended
Rog Man GCV

Director · since 27 juin 2022 · until 19 juin 2028 · 0628.505.956

Represented by Luc Rogge

Ended
Bart Heylen

Director · since 28 juin 2021 · until 26 juin 2023

Ended
Bart Heylen

Director · since 28 juin 2021 · until 28 juin 2027

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares17/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Mandates07/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares09/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
    PDF
  • Mandates19/04/2021
    ONTSLAGEN - BENOEMINGEN
    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. 2025
    Annual accounts 20255,3 k €
  2. 2024
    Annual accounts 20242,4 k €
  3. 2023
    Annual accounts 20233,7 k €
  4. 2022
    Annual accounts 2022748,8 €
  5. 2021
    Annual accounts 202196,3 k €
  6. 2020
    Annual accounts 202077,3 k €
  7. 2019
    Annual accounts 20193,2 k €
  8. 2018
    Annual accounts 20184,8 k €
  9. 2017
    Annual accounts 20173,2 k €
  10. 2016
    Annual accounts 20161,6 k €
  11. 2015
    Annual accounts 2015696,4 €
  12. 2014
    Annual accounts 20141,7 k €
  13. 2013
    Annual accounts 20131,9 k €
  14. 2012
    Annual accounts 20123,1 k €
  15. 2011
    Annual accounts 20111,9 k €
  16. 2010
    Annual accounts 20102,2 k €
  17. 2009
    Annual accounts 2009545 €
  18. 2008
    Annual accounts 20082,9 k €
  19. 2007
    Annual accounts 20072,9 k €
  20. 16/04/1952
    IncorporationCooperative society