ACTIVE

ALTEO

Financial year 2025 · closed on 31/12/2025
Net result
185,6 k €
-58.0% YoY
Revenue
2 M €
+4.2% YoY
Equity
2,5 M €
+8.9% YoY
Workforce
74,0 ETP
-1.3% YoY

What does ALTEO do?

ALTEO is a Non-profit organization incorporated in 1963. Its main activity is: Technical and vocational secondary education. Its registered office is in Bruxelles. It employs on average 74,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0410.383.442
Incorporation
17/10/1963
Legal form
Non-profit organization
Registered office
Boulevard Anspach 111
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
74,0 ETP
Joint committees (1)
  • 32902
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202020192018201620152014201320122011201020092008
Income statement
Revenue2 M €1,9 M €2,1 M €2,1 M €484,1 k €2,6 M €2,8 M €2,5 M €2,4 M €2,4 M €2,3 M €2,2 M €2,2 M €2,1 M €3,8 M €3,5 M €
EBITDA84,8 k €402,7 k €778,1 k €727,6 k €83,3 k €174,8 k €203,9 k €-97,1 k €17 k €20,8 k €25,8 k €-122,3 k €-127,9 k €96,7 k €133,8 k €121,5 k €
Operating result52,6 k €384,3 k €726,6 k €677,8 k €31,8 k €115,7 k €147,8 k €-137,7 k €-16,4 k €-12,5 k €-17,1 k €-152,8 k €-170,4 k €46,2 k €99,8 k €101,8 k €
Net result185,6 k €441,9 k €722,2 k €669,9 k €29,5 k €114,1 k €142,7 k €-138 k €-6,3 k €10,7 k €22,9 k €-175,5 k €-171,9 k €54,3 k €104,2 k €255,1 k €
Balance sheet
Equity2,5 M €2,3 M €2,4 M €1,7 M €827,8 k €799,6 k €681,6 k €919 k €1,1 M €1,1 M €1,1 M €1 M €1,2 M €1,2 M €1,2 M €1 M €
Total assets5 M €4,8 M €4,5 M €4,1 M €2,7 M €2,7 M €2,7 M €3 M €3 M €3 M €2,6 M €2,7 M €2,4 M €3,2 M €2,8 M €2,9 M €
Cash4,2 M €1,2 M €1,9 M €2,8 M €956,4 k €973,5 k €968,9 k €1,2 M €1 M €952,4 k €691,2 k €1,2 M €1,2 M €1,4 M €1,3 M €1,4 M €
Debts1,7 M €2,2 M €1,9 M €2,1 M €1,5 M €1,6 M €1,8 M €2 M €1,9 M €1,8 M €1,3 M €1,3 M €1,1 M €1,9 M €1,4 M €1,8 M €
Other
Workforce74,0 ETP75,0 ETP77,0 ETP78,2 ETP71,4 ETP72,5 ETP70,3 ETP67,0 ETP65,0 ETP61,0 ETP60,0 ETP58,0 ETP61,0 ETP59,8 ETP58,5 ETP57,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 25 active · 161 ended

Active mandates

CORALIE LISON

Director · since 06 juin 2025

Active
GERARD SILVESTRE

Director · since 06 juin 2025

Active
MIREILLE CORNET

Director · since 06 juin 2025

Active
JEAN-MARIE FARINELLE

Director · since 20 décembre 2024

Active
EFREN MORALES

Director · since 22 décembre 2023

Active
VALERIE NOTELAERS

Director · since 22 décembre 2023

Active
MICHEL LONOBILE

Director · since 30 juin 2023

Active
ANNICK COLLIN

Vice-chairman of the board of directors · since 16 décembre 2022

Active
ANTOINETTE PALERMO

Vice-chairman of the board of directors · since 16 décembre 2022

Active
Christian Lecat

Director · since 16 décembre 2022

Active
CHRISTINE FRANCKX

Chairman of the board of directors · since 16 décembre 2022

Active
EDDY LABASSE

Director · since 16 décembre 2022

Active
EMILE WALBRECQ

Director · since 16 décembre 2022

Active
GAETANO LONOBILE

Director · since 16 décembre 2022

Active
Gérard Henriet

Director · since 16 décembre 2022

Active
JEAN LUC GELINNE

Director · since 16 décembre 2022

Active
LAURE CALLENS

Director · since 16 décembre 2022

Active
MARC WERELDS

Director · since 16 décembre 2022 · until 06 juin 2025

Active
MARIE FRANCOISE CHARLES

Director · since 16 décembre 2022 · until 06 juin 2025

Active
MARIE HUYNEN

Director · since 16 décembre 2022

Active
GENEVIEVE ROUTIER

Secrétaire générale · since 18 décembre 2020

Active
SAMUEL VANDENBRANDE

Director · since 04 septembre 2020

Active
CECILE TORDEURS

Director · since 01 août 2017

Active
CHANTAL BIZON

Director · since 01 août 2017 · until 06 juin 2025

Active
CHRISTIAN THIBAUX

Director · since 01 août 2017 · until 06 juin 2025

Active

Ended mandates

Antonietta Palermo

Director · since 16 décembre 2022

Ended
DANIEL LEONARD

Director · since 16 décembre 2022 · until 20 décembre 2024

Ended
DANIEL LEONARD

Director · since 16 décembre 2022

Ended
Jean-Jacques Viseur

Director · since 16 décembre 2022

Ended
At this address

Other companies at this address

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0877.434.581
0445.069.157
0851.826.977
0898.118.941
0422.156.767
0435.564.147
0459.761.786
0410.271.990
0434.545.350
0446.347.181
0416.456.929
0418.771.269
0409.794.613
0500.962.933
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged 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 date24/06/202624/06/202510/07/202418/07/202319/07/202205/07/2021
General meeting12/06/202606/06/202528/06/202430/06/202324/06/202225/06/2021
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

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202624/06/2026FrenchPDF
Abridged model31/12/202406/06/202524/06/2025FrenchPDF
Full model31/12/202328/06/202410/07/2024FrenchPDF
Full modelCorrection31/12/202230/06/202319/01/2024FrenchPDF
Full model31/12/202230/06/202318/07/2023FrenchPDF
Full model31/12/202124/06/202219/07/2022FrenchPDF
Full model31/12/202025/06/202105/07/2021FrenchPDF
Full model31/12/201904/09/202015/09/2020FrenchPDF
Full model31/12/201821/06/201927/06/2019FrenchPDF
Full model31/12/201722/06/201803/07/2018FrenchPDF
Full model31/12/201623/06/201729/06/2017FrenchPDF
Full modelCorrection31/12/201524/06/201606/09/2016FrenchPDF
Full model31/12/201524/06/201627/06/2016FrenchPDF
Full model31/12/201419/06/201522/06/2015FrenchPDF
Full model31/12/201320/06/201423/06/2014FrenchPDF
Abridged model31/12/201221/06/201328/06/2013FrenchPDF
Full model31/12/201122/06/201211/07/2012FrenchPDF
Abridged model31/12/201024/06/201108/07/2011FrenchPDF
Abridged model31/12/200925/06/201023/07/2010FrenchPDF
Abridged model31/12/200826/06/200930/06/2009FrenchPDF
Abridged model31/12/200720/06/200811/07/2008FrenchPDF
Abridged model31/12/200622/06/200711/07/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 25 active · 161 ended

Active mandates

CORALIE LISON

Director · since 06 juin 2025

Active
GERARD SILVESTRE

Director · since 06 juin 2025

Active
MIREILLE CORNET

Director · since 06 juin 2025

Active
JEAN-MARIE FARINELLE

Director · since 20 décembre 2024

Active
EFREN MORALES

Director · since 22 décembre 2023

Active
VALERIE NOTELAERS

Director · since 22 décembre 2023

Active
MICHEL LONOBILE

Director · since 30 juin 2023

Active
ANNICK COLLIN

Vice-chairman of the board of directors · since 16 décembre 2022

Active
ANTOINETTE PALERMO

Vice-chairman of the board of directors · since 16 décembre 2022

Active
Christian Lecat

Director · since 16 décembre 2022

Active
CHRISTINE FRANCKX

Chairman of the board of directors · since 16 décembre 2022

Active
EDDY LABASSE

Director · since 16 décembre 2022

Active
EMILE WALBRECQ

Director · since 16 décembre 2022

Active
GAETANO LONOBILE

Director · since 16 décembre 2022

Active
Gérard Henriet

Director · since 16 décembre 2022

Active
JEAN LUC GELINNE

Director · since 16 décembre 2022

Active
LAURE CALLENS

Director · since 16 décembre 2022

Active
MARC WERELDS

Director · since 16 décembre 2022 · until 06 juin 2025

Active
MARIE FRANCOISE CHARLES

Director · since 16 décembre 2022 · until 06 juin 2025

Active
MARIE HUYNEN

Director · since 16 décembre 2022

Active
GENEVIEVE ROUTIER

Secrétaire générale · since 18 décembre 2020

Active
SAMUEL VANDENBRANDE

Director · since 04 septembre 2020

Active
CECILE TORDEURS

Director · since 01 août 2017

Active
CHANTAL BIZON

Director · since 01 août 2017 · until 06 juin 2025

Active
CHRISTIAN THIBAUX

Director · since 01 août 2017 · until 06 juin 2025

Active

Ended mandates

Antonietta Palermo

Director · since 16 décembre 2022

Ended
DANIEL LEONARD

Director · since 16 décembre 2022 · until 20 décembre 2024

Ended
DANIEL LEONARD

Director · since 16 décembre 2022

Ended
Jean-Jacques Viseur

Director · since 16 décembre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other18/09/2026
    Modification des statuts
    PDF
  • Mandates24/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office28/01/2026
    SIEGE SOCIAL
    PDF
  • Mandates17/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/07/2024
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates29/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/08/2023
    DEMISSIONS, NOMINATIONS
    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 2025185,6 k €
  2. 2024
    Annual accounts 2024441,9 k €
  3. 2023
    Annual accounts 2023722,2 k €
  4. 2022
    Annual accounts 2022669,9 k €
  5. 2020
    Annual accounts 202029,5 k €
  6. 2019
    Annual accounts 2019114,1 k €
  7. 2018
    Annual accounts 2018142,7 k €
  8. 2016
    Annual accounts 2016-138 k €
  9. 2015
    Annual accounts 2015-6,3 k €
  10. 2014
    Annual accounts 201410,7 k €
  11. 2013
    Annual accounts 201322,9 k €
  12. 2012
    Annual accounts 2012-175,5 k €
  13. 2011
    Annual accounts 2011-171,9 k €
  14. 2010
    Annual accounts 201054,3 k €
  15. 2009
    Annual accounts 2009104,2 k €
  16. 2008
    Annual accounts 2008255,1 k €
  17. 17/10/1963
    IncorporationNon-profit organization