ACTIVE

ALTREX BELGIUM

Financial year 2025 · Closed on 31/12/2025

Net result603,8 k €+20,5 %over 1 year
Gross margin2,3 M €+13,2 %over 1 year
Equity690,8 k €+17,4 %over 1 year
Workforce11,4 ETP+4,6 %over 1 year

Identity

Source · BCE/KBO

ALTREX BELGIUM is a Public limited company incorporated in 1974. Its main activity is: Wholesale of hardware, plumbing and heating equipment and supplies. Its registered office is in Bornem. It employs on average 11,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0414.358.165
Incorporation
25/10/1974
Legal form
Public limited company
Registered office
Puursesteenweg(BOR) 335
2880 Bornem · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
11,4 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 14 financial years

20252024202320222020
Income statement
Gross margin2,3 M €2 M €2 M €1,9 M €1,5 M €
EBITDA1 M €877,9 k €740,8 k €749,8 k €561,3 k €
Operating result1 M €857,8 k €706,6 k €724,8 k €538,6 k €
Net result603,8 k €501,2 k €375,4 k €400,5 k €301,2 k €
Balance sheet
Equity690,8 k €588,1 k €462,4 k €487,5 k €388,2 k €
Total assets2,6 M €2,2 M €2,4 M €2,3 M €2,8 M €
Cash880,2 k €514,8 k €736,2 k €369 k €676,1 k €
Debts1,5 M €1,3 M €1,5 M €1,4 M €1,9 M €
Other
Workforce11,4 ETP10,9 ETP12,6 ETP13,0 ETP13,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 12 ended

Active mandates

SYNTEGRA HOLDING BV

Mandate

Represented by Eugène Derksen

Active

Ended mandates

Access Holding BV

Managing director · since 25 juin 2021 · until 25 juin 2027

Represented by Eugène Derksen

Ended
ALTREX BELGIUM

Managing director · since 12 octobre 2018 · until 12 octobre 2024 · 0414.358.165

Ended
ALTREX BELGIUM

Managing director · since 12 octobre 2018 · until 25 juin 2021 · 0414.358.165

Ended
ALTREX BELGIUM

Managing director · since 12 octobre 2018 · until 12 octobre 2024 · 0414.358.165

Ended

Full financial information

Source · NBB
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 date05/06/202622/05/202528/05/202423/05/202304/07/202208/07/2021
General meeting18/05/202619/05/202521/05/202415/05/202327/06/202228/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/05/202605/06/2026DutchPDF
Abridged model31/12/202419/05/202522/05/2025DutchPDF
Abridged model31/12/202321/05/202428/05/2024DutchPDF
Abridged model31/12/202215/05/202323/05/2023DutchPDF
Abridged model31/12/202127/06/202204/07/2022DutchPDF
Abridged model31/12/202028/06/202108/07/2021DutchPDF
Abridged model31/12/201922/06/202006/07/2020DutchPDF
Abridged model31/12/201820/05/201906/06/2019DutchPDF
Abridged model31/12/201722/05/201811/06/2018DutchPDF
Abridged model31/12/201615/05/201709/06/2017DutchPDF
Full model31/12/201517/05/201607/06/2016DutchPDF
Full model31/12/201420/05/201505/06/2015DutchPDF
Full model31/12/201319/05/201410/06/2014DutchPDF
Full model31/12/201221/05/201327/05/2013DutchPDF
Full model31/12/201121/05/201211/06/2012DutchPDF
Full model31/12/201016/05/201109/06/2011DutchPDF
Full model31/12/200917/05/201011/06/2010DutchPDF
Full model31/12/200818/05/200916/06/2009DutchPDF
Full model31/12/200719/05/200810/06/2008DutchPDF
Full model31/12/200629/06/200703/07/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 12 ended

Active mandates

SYNTEGRA HOLDING BV

Mandate

Represented by Eugène Derksen

Active

Ended mandates

Access Holding BV

Managing director · since 25 juin 2021 · until 25 juin 2027

Represented by Eugène Derksen

Ended
ALTREX BELGIUM

Managing director · since 12 octobre 2018 · until 12 octobre 2024 · 0414.358.165

Ended
ALTREX BELGIUM

Managing director · since 12 octobre 2018 · until 25 juin 2021 · 0414.358.165

Ended
ALTREX BELGIUM

Managing director · since 12 octobre 2018 · until 12 octobre 2024 · 0414.358.165

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares23/04/2021
    KAPITAAL - AANDELEN - DIVERSEN
    PDF
  • Mandates29/11/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025603,8 k €↑
  2. 2024
    Annual accounts 2024501,2 k €↑
  3. 2023
    Annual accounts 2023375,4 k €↓
  4. 2022
    Annual accounts 2022400,5 k €↑
  5. 2020
    Annual accounts 2020301,2 k €↓
  6. 2019
    Annual accounts 2019533,8 k €↓
  7. 2018
    Annual accounts 2018623,6 k €↑
  8. 2017
    Annual accounts 2017580,3 k €↑
  9. 2016
    Annual accounts 2016383 k €↓
  10. 2015
    Annual accounts 2015523,5 k €↓
  11. 2014
    Annual accounts 2014761 k €↑
  12. 2013
    Annual accounts 2013386,3 k €↑
  13. 2011
    Annual accounts 2011332,4 k €↑
  14. 2010
    Annual accounts 2010283 k €
  15. 25/10/1974
    IncorporationPublic limited company