ACTIVE

ALBA

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Financial year 2025 · closed on 31/12/2025

Net result

239 k €

+244.6% YoY

Revenue

104,7 k €

+13.4% YoY

Equity

1,4 M €

+18.9% YoY

Workforce

51,6 ETP

+3.0% YoY

What does ALBA do?

ALBA is a Non-profit organization incorporated in 1983. Its main activity is: Technical and vocational secondary education. Its registered office is in Herent. It employs on average 51,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0424.376.780

Incorporation

17/03/1983

Legal form

Non-profit organization

Registered office

Brusselsesteenweg 78
3020 Herent · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

51,6 ETP

Activities (NACE)

85323Technical and vocational secondary education· main 85323Technical and vocational secondary education 85323Technical and vocational secondary education 88992Other social work activities without accommodation n.e.c.88994Other social work activities without accommodation n.e.c.87901Other residential care activities+1

Joint committees (1)

31901

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	104,7 k €	+13.4%	92,3 k €	+93.6%	47,7 k €	-22.8%	61,8 k €		–		6,9 k €	+10.8%	6,3 k €	-71.6%	22,1 k €	+348%	4,9 k €	+49.8%	3,3 k €	-26.9%	4,5 k €	+83.6%	2,5 k €	-41.1%	4,2 k €	-84.2%	26,4 k €	+923%	2,6 k €	-30.1%	3,7 k €	+13.7%	3,2 k €	+9.1%	3 k €	-14.9%	3,5 k €
EBITDA	302,3 k €	+401%	-100,3 k €	-232%	75,9 k €	+64.5%	46,1 k €	-27.1%	63,3 k €	-77.9%	286,4 k €	+16.0%	246,8 k €	+86.2%	132,6 k €	+107%	64 k €	-11.8%	72,6 k €	-23.6%	94,9 k €	+13.9%	83,4 k €	-56.3%	190,8 k €	+52.5%	125,1 k €	+32.5%	94,4 k €	+24.1%	76,1 k €	-24.0%	100,1 k €	+89.4%	52,8 k €	-37.0%	83,9 k €
Operating result	234,5 k €	+240%	-167,5 k €	-6656%	-2,5 k €	+88.5%	-21,5 k €	-570%	-3,2 k €	-102%	203,8 k €	+13.1%	180,3 k €	+141%	74,8 k €	+601%	10,7 k €	-28.9%	15 k €	-60.2%	37,8 k €	+38.2%	27,3 k €	-81.2%	145,3 k €	+73.0%	84 k €	+61.0%	52,2 k €	-22.3%	67,2 k €	-28.4%	93,8 k €	+106%	45,5 k €	-37.4%	72,8 k €
Net result	239 k €	+245%	-165,3 k €	-1700%	-9,2 k €	+77.4%	-40,6 k €	-263%	-11,2 k €	-106%	195,8 k €	+16.5%	168,1 k €	+177%	60,8 k €	+341%	13,8 k €	+1618%	801,9 €	-97.5%	32 k €	+137%	13,5 k €	-88.2%	114,7 k €	+52.7%	75,1 k €	+114%	35 k €	-53.4%	75,1 k €	-9.5%	82,9 k €	+68.3%	49,3 k €	-35.0%	75,8 k €
Balance sheet
Equity	1,4 M €	+18.9%	1,2 M €	-12.7%	1,4 M €	-0.6%	1,4 M €	-3.4%	1,4 M €	-1.3%	1,5 M €	+14.1%	1,3 M €	+13.6%	1,1 M €	+5.0%	1,1 M €	+0.4%	1,1 M €	-0.2%	1,1 M €	+2.2%	1,1 M €	+0.4%	1 M €	+17.8%	888,8 k €	+24.7%	712,8 k €	+4.9%	679,6 k €	+12.1%	606,2 k €	+85.1%	327,5 k €	+17.0%	280 k €
Total assets	2,4 M €	+8.7%	2,2 M €	-4.5%	2,3 M €	+6.5%	2,2 M €	+1.9%	2,1 M €	-1.9%	2,2 M €	+9.3%	2 M €	+7.5%	1,8 M €	+4.4%	1,8 M €	+2.2%	1,7 M €	+1.0%	1,7 M €	-3.7%	1,8 M €	+4.3%	1,7 M €	+8.1%	1,6 M €	+9.2%	1,4 M €	+58.7%	906,6 k €	+9.8%	825,4 k €	+76.4%	467,9 k €	+5.1%	445,2 k €
Cash	446,6 k €	+125%	198,3 k €	-79.8%	979,4 k €	+10.7%	884,4 k €	+4.4%	847,4 k €	-2.3%	867 k €	+29.5%	669,4 k €	+29.9%	515,2 k €	+7.6%	479 k €	+13.3%	422,8 k €	-45.3%	772,4 k €	-5.4%	816,1 k €	+17.5%	694,4 k €	+38.5%	501,4 k €	+9.4%	458,4 k €	-22.2%	589,1 k €	-4.6%	617,8 k €	+216%	195,5 k €	-6.2%	208,3 k €
Debts	908,4 k €	-1.4%	921 k €	+11.1%	828,8 k €	+12.1%	739 k €	+10.4%	669,4 k €	-3.7%	694,9 k €	+6.7%	651,1 k €	-8.1%	708,9 k €	+3.4%	685,7 k €	+11.0%	618 k €	+1.9%	606,4 k €	-8.7%	663,9 k €	+9.8%	604,6 k €	-6.9%	649,5 k €	-5.4%	686,9 k €	+247%	197,9 k €	+7.6%	183,9 k €	+59.4%	115,4 k €	+12.3%	102,7 k €
Other
Workforce	51,6 ETP	+3.0%	50,1 ETP	+4.2%	48,1 ETP	+4.3%	46,1 ETP	+2.2%	45,1 ETP	+4.4%	43,2 ETP	+8.3%	39,9 ETP	-1.2%	40,4 ETP	+19.5%	33,8 ETP	+7.0%	31,6 ETP	+5.3%	30,0 ETP	-4.5%	31,4 ETP	+5.4%	29,8 ETP	-13.6%	34,5 ETP	-5.5%	36,5 ETP	+1.4%	36,0 ETP	-3.5%	37,3 ETP	+63.6%	22,8 ETP	+18.1%	19,3 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 · 6 active · 23 ended

Active mandates

Carl Smets

Chairman of the board of directors · since 26 juin 2020

Active

Jo Jespers

Director · since 05 juin 2018

Active

Lieven Monserez

Director · since 24 mai 2016

Active

Stefaan Pleysier

Director · since 24 mai 2011

Active

Dominique Vervaet

Director · since 12 novembre 2008

Active

Ludo Clonen

Director · since 21 mai 2003

Active

Ended mandates

Carl Smets

Director · since 26 juin 2020

Ended

Hilde Helsen

Director · since 26 juin 2020

Ended

Jolien Verboven

Chairman of the board of directors · since 16 juin 2019

Ended

Jolien Verboven

Director · since 16 juin 2019

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/06/2026	13/06/2025	20/06/2024	21/06/2023	25/05/2022	12/08/2021
General meeting	11/06/2026	12/06/2025	30/05/2024	14/06/2023	19/05/2022	20/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/06/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	12/06/2025	13/06/2025	Dutch	PDF
Abridged model	31/12/2023	30/05/2024	20/06/2024	Dutch	PDF
Abridged model	31/12/2022	14/06/2023	21/06/2023	Dutch	PDF
Abridged model	31/12/2021	19/05/2022	25/05/2022	Dutch	PDF
Abridged model	31/12/2020	20/05/2021	12/08/2021	Dutch	PDF
Abridged model	31/12/2019	25/06/2020	10/08/2020	Dutch	PDF
Abridged model	31/12/2018	06/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	05/06/2018	21/06/2018	Dutch	PDF
Abridged model	31/12/2016	14/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	24/05/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	16/06/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	20/06/2014	Dutch	PDF
Abridged model	31/12/2012	11/06/2013	01/07/2013	Dutch	PDF
Abridged model	31/12/2011	22/05/2012	24/05/2012	Dutch	PDF
Abridged model	31/12/2010	24/05/2011	26/05/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	27/05/2010	Dutch	PDF
Abridged model	31/12/2008	13/05/2009	26/05/2009	Dutch	PDF
Abridged model	31/12/2007	21/05/2008	23/05/2008	Dutch	PDF
Abridged model	31/12/2006	09/05/2007	08/06/2007	Dutch	PDF

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 · 6 active · 23 ended

Active mandates

Carl Smets

Chairman of the board of directors · since 26 juin 2020

Active

Jo Jespers

Director · since 05 juin 2018

Active

Lieven Monserez

Director · since 24 mai 2016

Active

Stefaan Pleysier

Director · since 24 mai 2011

Active

Dominique Vervaet

Director · since 12 novembre 2008

Active

Ludo Clonen

Director · since 21 mai 2003

Active

Ended mandates

Carl Smets

Director · since 26 juin 2020

Ended

Hilde Helsen

Director · since 26 juin 2020

Ended

Jolien Verboven

Chairman of the board of directors · since 16 juin 2019

Ended

Jolien Verboven

Director · since 16 juin 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/09/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/12/2015
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

2025
Annual accounts 2025239 k €↑
2024
Annual accounts 2024-165,3 k €↓
2023
Annual accounts 2023-9,2 k €↑
2022
Annual accounts 2022-40,6 k €↓
2021
Annual accounts 2021-11,2 k €↓
2020
Annual accounts 2020195,8 k €↑
2019
Annual accounts 2019168,1 k €↑
2018
Annual accounts 201860,8 k €↑
2017
Annual accounts 201713,8 k €↑
2016
Annual accounts 2016801,9 €↓
2015
Annual accounts 201532 k €↑
2014
Annual accounts 201413,5 k €↓
2013
Annual accounts 2013114,7 k €↑
2012
Annual accounts 201275,1 k €↑
2011
Annual accounts 201135 k €↓
2010
Annual accounts 201075,1 k €↓
2009
Annual accounts 200982,9 k €↑
2008
Annual accounts 200849,3 k €↓
2008
Name changeAlba
2007
Annual accounts 200775,8 k €
2007
Name changeOikoten
17/03/1983
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ALBA

Overview

What does ALBA do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline