ACTIVE

ATF

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Financial year 2025 · closed on 31/12/2025
Net result
1,4 M €
+26.2% YoY
Revenue
19,6 M €
+16.0% YoY
Equity
4,6 M €
-0.0% YoY
Workforce
94,2 ETP
-7.6% YoY

What does ATF do?

ATF is a Public limited company incorporated in 1968. Its main activity is: Construction of roads and motorways. Its registered office is in Antwerpen. It employs on average 94,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0406.325.674
Incorporation
05/02/1968
Legal form
Public limited company
Registered office
Het Voorhof 5
2040 Antwerpen · FlandreSee on map
Contributed capital
719 979,29 €
Latest accounts
31/12/2025
Average workforce
94,2 ETP
Activities (NACE)
42110Construction of roads and motorways· main42110Construction of roads and motorways43120Site preparation43120Site preparation45112Sale of cars and light motor vehicles45230Maintenance and repair of motor vehicles
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201220092008
Income statement
Revenue19,6 M €16,9 M €19,5 M €21 M €17,6 M €16,5 M €19,8 M €20,3 M €17,2 M €16,7 M €14,5 M €11,2 M €15,3 M €
EBITDA2,5 M €2 M €1,7 M €2,3 M €2,6 M €2,2 M €2,8 M €2,6 M €1,8 M €1,6 M €2,4 M €1,8 M €2,2 M €
Operating result1,6 M €1,4 M €1,6 M €1,8 M €2 M €1,5 M €2 M €1,5 M €823,6 k €222,7 k €1,4 M €645,4 k €760,5 k €
Net result1,4 M €1,1 M €1,4 M €1,5 M €1,6 M €1,2 M €1,5 M €1,1 M €589,7 k €175,5 k €1,1 M €796,5 k €661,2 k €
Balance sheet
Equity4,6 M €4,6 M €4,6 M €4,3 M €4,3 M €4,3 M €4,3 M €3,9 M €3,9 M €3,9 M €4,1 M €3,7 M €3,6 M €
Total assets11,4 M €8,8 M €9,2 M €8,7 M €8,4 M €8,5 M €8,4 M €8,9 M €10,1 M €9 M €7,9 M €5,7 M €7,5 M €
Cash1,1 M €1,5 M €1,7 M €1,4 M €1,4 M €1,4 M €2 M €1,1 M €836,2 k €338,5 k €1,4 M €634 k €110,6 k €
Debts6,8 M €4,2 M €4,6 M €4,3 M €4,1 M €4,2 M €3,9 M €4,8 M €6,1 M €4,9 M €3,8 M €2 M €3,8 M €
Other
Workforce94,2 ETP102,0 ETP109,6 ETP108,0 ETP95,9 ETP102,9 ETP104,5 ETP99,9 ETP99,9 ETP107,4 ETP95,0 ETP80,1 ETP86,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

INFRA GROEP FRIJTERS

Managing director · since 14 octobre 2021 · 0465.695.317

Represented by Maria FRIJTERS

Active

Ended mandates

INFRA GROEP FRIJTERS

Director · since 19 octobre 2021 · 0465.695.317

Represented by Maria FRIJTERS

Ended
INFRA GROEP FRIJTERS

Managing director · since 14 octobre 2021 · until 16 juin 2026 · 0465.695.317

Represented by Maria FRIJTERS

Ended
Maike SLEYMER

Director · since 16 juin 2020 · until 16 juin 2026

Ended
Niek SLEYMER

Director · since 16 juin 2020 · until 16 juin 2026

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date10/07/202630/06/202504/07/202430/06/202311/07/202230/06/2021
General meeting16/06/202617/06/202518/06/202420/06/202321/06/202215/06/2021
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
Full model31/12/202516/06/202610/07/2026DutchPDF
Full model31/12/202417/06/202530/06/2025DutchPDF
Full model31/12/202318/06/202404/07/2024DutchPDF
Full model31/12/202220/06/202330/06/2023DutchPDF
Full model31/12/202121/06/202211/07/2022DutchPDF
Full model31/12/202015/06/202130/06/2021DutchPDF
Full model31/12/201916/06/202030/06/2020DutchPDF
Full model31/12/201818/06/201908/07/2019DutchPDF
Full model31/12/201719/06/201801/08/2018DutchPDF
Full model31/12/201627/06/201730/06/2017DutchPDF
Full model31/12/201521/06/201606/07/2016DutchPDF
Full model31/12/201416/06/201518/06/2015DutchPDF
Full model31/12/201317/06/201407/07/2014DutchPDF
Full model31/12/201218/06/201303/07/2013DutchPDF
Full model31/12/201119/06/201204/07/2012DutchPDF
Full model31/12/201021/06/201130/06/2011DutchPDF
Full model31/12/200915/06/201022/06/2010DutchPDF
Full model31/12/200816/06/200908/07/2009DutchPDF
Full model31/12/200717/06/200829/08/2008DutchPDF
Full model31/12/200619/06/200710/10/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 1 active · 17 ended

Active mandates

INFRA GROEP FRIJTERS

Managing director · since 14 octobre 2021 · 0465.695.317

Represented by Maria FRIJTERS

Active

Ended mandates

INFRA GROEP FRIJTERS

Director · since 19 octobre 2021 · 0465.695.317

Represented by Maria FRIJTERS

Ended
INFRA GROEP FRIJTERS

Managing director · since 14 octobre 2021 · until 16 juin 2026 · 0465.695.317

Represented by Maria FRIJTERS

Ended
Maike SLEYMER

Director · since 16 juin 2020 · until 16 juin 2026

Ended
Niek SLEYMER

Director · since 16 juin 2020 · until 16 juin 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other06/07/2026
    —
    PDF
  • Mandates19/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/12/2024
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DOEL - 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 20251,4 M €↑
  2. 2024
    Annual accounts 20241,1 M €↓
  3. 2023
    Annual accounts 20231,4 M €↓
  4. 2022
    Annual accounts 20221,5 M €↓
  5. 2021
    Annual accounts 20211,6 M €↑
  6. 2021
    Name changeATF
  7. 2020
    Annual accounts 20201,2 M €↓
  8. 2019
    Annual accounts 20191,5 M €↑
  9. 2018
    Annual accounts 20181,1 M €↑
  10. 2017
    Annual accounts 2017589,7 k €↑
  11. 2016
    Annual accounts 2016175,5 k €↓
  12. 2012
    Annual accounts 20121,1 M €↑
  13. 2009
    Annual accounts 2009796,5 k €↑
  14. 2008
    Annual accounts 2008661,2 k €
  15. 2008
    Name changeA.T.F.
  16. 05/02/1968
    IncorporationPublic limited company