ALPAS
0429.446.318 · rovalta.com · 22/09/2026
ACTIVE
ALPAS
Financial year 2025 · closed on 30/09/2025
Net result
84,8 k €
-45.1% YoY
Gross margin
1,8 M €
+2.9% YoY
Equity
2,9 M €
+3.0% YoY
Workforce
26,1 ETP
+10.1% YoY
Overview
What does ALPAS do?
ALPAS is a Public limited company incorporated in 1986. Its registered office is in Dendermonde. It employs on average 26,1 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0429.446.318
Incorporation
26/09/1986
Legal form
Public limited company
Registered office
Steenkaaistraat (BAA) 19
9200 Dendermonde · FlandreSee on map
9200 Dendermonde · FlandreSee on map
Contributed capital
556 000,00 €
Latest accounts
30/09/2025
Average workforce
26,1 ETP
Joint committees (5)
- 111
- 124
- 200
- 209
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 1,8 M € | +2.9% | 1,8 M € | +17.7% | 1,5 M € | +5.9% | 1,4 M € | +12.1% | 1,3 M € | +10.8% | 1,2 M € | -22.7% | 1,5 M € | -3.6% | 1,5 M € | +16.2% | 1,3 M € | -39.4% | 2,2 M € | -5.8% | 2,3 M € | +19.7% | 1,9 M € | +5.2% | 1,8 M € | +1.5% | 1,8 M € | +3.4% | 1,8 M € | -13.6% | 2 M € | -5.3% | 2,2 M € | +12.5% | 1,9 M € |
| EBITDA | 220,1 k € | -15.8% | 261,4 k € | -4.6% | 273,9 k € | +78.5% | 153,4 k € | +8.1% | 141,9 k € | +187% | 49,5 k € | -67.4% | 151,7 k € | -56.0% | 344,5 k € | +17386% | -2 k € | -100% | 525,4 k € | -5.6% | 556,8 k € | +130% | 242,1 k € | +8.8% | 222,5 k € | +19.5% | 186,2 k € | +123% | 83,6 k € | -48.0% | 160,9 k € | -66.7% | 483,2 k € | -6.9% | 518,9 k € |
| Operating result | 158,7 k € | -19.9% | 198 k € | -7.9% | 215,1 k € | +81.1% | 118,8 k € | +10.9% | 107,1 k € | +727% | 13 k € | -87.5% | 103,5 k € | -63.2% | 281,4 k € | +64.4% | 171,1 k € | -58.0% | 407,2 k € | +140% | 169,6 k € | +56.9% | 108,1 k € | +9.5% | 98,7 k € | +14.4% | 86,3 k € | +2724% | 3,1 k € | -93.8% | 49,1 k € | -84.2% | 310 k € | -7.6% | 335,5 k € |
| Net result | 84,8 k € | -45.1% | 154,4 k € | -18.3% | 188,9 k € | +25.1% | 151 k € | +49.4% | 101,1 k € | -14.8% | 118,6 k € | +219% | -100 k € | -144% | 226,5 k € | +77.7% | 127,5 k € | -61.4% | 330,5 k € | +58.9% | 208 k € | +17.9% | 176,5 k € | +614% | 24,7 k € | -72.3% | 89,2 k € | +64.3% | 54,3 k € | -3.9% | 56,5 k € | -71.4% | 197,8 k € | +1.5% | 194,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 2,9 M € | +3.0% | 2,8 M € | +5.8% | 2,7 M € | +7.7% | 2,5 M € | +6.5% | 2,3 M € | +4.6% | 2,2 M € | +5.7% | 2,1 M € | -4.6% | 2,2 M € | +11.5% | 2 M € | +0.2% | 2 M € | +20.2% | 1,6 M € | -15.2% | 1,9 M € | +10.1% | 1,7 M € | +1.4% | 1,7 M € | +5.5% | 1,6 M € | +3.4% | 1,6 M € | +3.7% | 1,5 M € | +14.9% | 1,3 M € |
| Total assets | 6,4 M € | -4.0% | 6,6 M € | -4.2% | 6,9 M € | +24.8% | 5,6 M € | +53.7% | 3,6 M € | -9.3% | 4 M € | -24.0% | 5,2 M € | +6.3% | 4,9 M € | -24.2% | 6,5 M € | +77.4% | 3,7 M € | +0.6% | 3,6 M € | -0.1% | 3,6 M € | +5.4% | 3,5 M € | +7.1% | 3,2 M € | +2.2% | 3,2 M € | -3.3% | 3,3 M € | +13.8% | 2,9 M € | -25.6% | 3,9 M € |
| Cash | 1,6 M € | +9.6% | 1,5 M € | +66.2% | 899 k € | -37.6% | 1,4 M € | +5.9% | 1,4 M € | -7.9% | 1,5 M € | -26.5% | 2 M € | -5.1% | 2,1 M € | +16.9% | 1,8 M € | -16.0% | 2,2 M € | +3.8% | 2,1 M € | +15.7% | 1,8 M € | +83.5% | 979,6 k € | -14.9% | 1,2 M € | -8.7% | 1,3 M € | +86.4% | 676,3 k € | +74.3% | 388 k € | -70.5% | 1,3 M € |
| Debts | 3,5 M € | -9.1% | 3,8 M € | -10.3% | 4,3 M € | +38.6% | 3,1 M € | +138% | 1,3 M € | -26.6% | 1,8 M € | -42.9% | 3,1 M € | +15.3% | 2,7 M € | -39.6% | 4,4 M € | +173% | 1,6 M € | -19.0% | 2 M € | +24.2% | 1,6 M € | +0.7% | 1,6 M € | +14.6% | 1,4 M € | -1.3% | 1,4 M € | -10.3% | 1,6 M € | +27.4% | 1,2 M € | -48.7% | 2,4 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 26,1 ETP | +10.1% | 23,7 ETP | +2.2% | 23,2 ETP | -10.8% | 26,0 ETP | +7.9% | 24,1 ETP | -7.3% | 26,0 ETP | -3.7% | 27,0 ETP | -2.9% | 27,8 ETP | -7.0% | 29,9 ETP | -22.5% | 38,6 ETP | -3.7% | 40,1 ETP | +1.8% | 39,4 ETP | -3.0% | 40,6 ETP | -4.7% | 42,6 ETP | +6.2% | 40,1 ETP | -14.9% | 47,1 ETP | +11.1% | 42,4 ETP | +7.3% | 39,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 4 active · 24 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
ADAK● Active | 0450.904.597 |
ALPAS-DEROCONSTRUCT● Active | 0560.846.575 |
Bavo● Active | 0442.926.942 |
METAALCONSTRUCTIE SOETENS● Active | 0421.873.586 |
Financials
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 | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/04/2026 | 30/04/2025 | 29/04/2024 | 28/04/2023 | 02/05/2022 | 29/04/2021 |
| General meeting | 11/03/2026 | 12/03/2025 | 21/02/2024 | 15/02/2023 | 16/02/2022 | 10/03/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2025 | 11/03/2026 | 30/04/2026 | Dutch | |
| Abridged model | 30/09/2024 | 12/03/2025 | 30/04/2025 | Dutch | |
| Abridged model | 30/09/2023 | 21/02/2024 | 29/04/2024 | Dutch | |
| Abridged model | 30/09/2022 | 15/02/2023 | 28/04/2023 | Dutch | |
| Abridged model | 30/09/2021 | 16/02/2022 | 02/05/2022 | Dutch | |
| Abridged model | 30/09/2020 | 10/03/2021 | 29/04/2021 | Dutch | |
| Abridged model | 30/09/2019 | 11/03/2020 | 29/04/2020 | Dutch | |
| Abridged model | 30/09/2018 | 20/02/2019 | 17/04/2019 | Dutch | |
| Abridged model | 30/09/2017 | 14/03/2018 | 27/04/2018 | Dutch | |
| Abridged model | 30/09/2016 | 08/03/2017 | 26/04/2017 | Dutch | |
| Abridged model | 30/09/2015 | 17/02/2016 | 16/03/2016 | Dutch | |
| Abridged modelCorrection | 30/09/2014 | 18/02/2015 | 16/04/2015 | Dutch | |
| Abridged model | 30/09/2014 | 18/02/2015 | 16/03/2015 | Dutch | |
| Abridged model | 30/09/2013 | 12/03/2014 | 03/04/2014 | Dutch | |
| Abridged model | 30/09/2012 | 20/02/2013 | 01/04/2013 | Dutch | |
| Abridged model | 30/09/2011 | 15/02/2012 | 13/03/2012 | Dutch | |
| Abridged model | 30/09/2010 | 16/02/2011 | 15/03/2011 | Dutch | |
| Abridged model | 30/09/2009 | 17/02/2010 | 16/03/2010 | Dutch | |
| Abridged model | 30/09/2008 | 18/02/2009 | 16/03/2009 | Dutch | |
| Abridged model | 30/09/2007 | 20/02/2008 | 19/03/2008 | Dutch | |
| Abridged model | 30/09/2006 | 21/02/2007 | 08/03/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 4 active · 24 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates14/04/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
- Mandates02/03/2017ONTSLAGEN - BENOEMINGEN
- Mandates21/03/2012ONTSLAGEN - BENOEMINGEN
- Mandates17/06/2010ONTSLAGEN - BENOEMINGEN
- Mandates16/02/2010ONTSLAGEN - BENOEMINGEN
- Mandates21/01/2010ONTSLAGEN - BENOEMINGEN
- Registered office22/04/2008MAATSCHAPPELIJKE ZETEL
- Mandates07/02/2005ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202584,8 k €↓
- 2024Annual accounts 2024154,4 k €↓
- 2023Annual accounts 2023188,9 k €↑
- 2022Annual accounts 2022151 k €↑
- 2021Annual accounts 2021101,1 k €↓
- 2020Annual accounts 2020118,6 k €↑
- 2019Annual accounts 2019-100 k €↓
- 2018Annual accounts 2018226,5 k €↑
- 2017Annual accounts 2017127,5 k €↓
- 2015Annual accounts 2015330,5 k €↑
- 2014Annual accounts 2014208 k €↑
- 2013Annual accounts 2013176,5 k €↑
- 2012Annual accounts 201224,7 k €↓
- 2011Annual accounts 201189,2 k €↑
- 2010Annual accounts 201054,3 k €↓
- 2009Annual accounts 200956,5 k €↓
- 2008Annual accounts 2008197,8 k €↑
- 2007Annual accounts 2007194,8 k €
- 26/09/1986IncorporationPublic limited company