ACTIVE

Alderande

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Financial year 2025 · closed on 31/12/2025

Net result

303,3 k €

-18.8% YoY

Revenue

560,7 k €

-2.0% YoY

Equity

4,2 M €

+6.9% YoY

Workforce

36,6 ETP

+8.0% YoY

What does Alderande do?

Alderande is a Non-profit organization incorporated in 1985. Its registered office is in Lokeren. It employs on average 36,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0431.893.389

Incorporation

10/12/1985

Legal form

Non-profit organization

Registered office

Daknam-dorp 54
9160 Lokeren · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

36,6 ETP

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 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009
Income statement
Revenue	560,7 k €	-2.0%	572,5 k €	+6.1%	539,3 k €	+12.4%	480 k €	+74.5%	275,1 k €	-5.6%	291,3 k €	+3.4%	281,6 k €	+9.1%	258,1 k €	+9.5%	235,7 k €	+23.3%	191,1 k €	-9.9%	212,1 k €	-2.6%	217,9 k €	-87.3%	1,7 M €	+4.7%	1,6 M €	+13.7%	1,4 M €	+2.2%	1,4 M €
EBITDA	483,3 k €	-1.9%	492,7 k €	+7.3%	459,1 k €	+7.5%	427 k €	+33.3%	320,5 k €	-28.8%	450,2 k €	-14.3%	525,2 k €	+145%	214,8 k €	-17.3%	259,8 k €	+41.7%	183,4 k €	-21.9%	234,8 k €	+115%	-1,6 M €	-4.7%	-1,5 M €	-4319%	-33,6 k €	-307%	16,2 k €	-61.2%	41,8 k €
Operating result	289 k €	-17.7%	351,1 k €	+31.0%	268,1 k €	+11.4%	240,6 k €	+1.7%	236,6 k €	-32.1%	348,5 k €	-21.4%	443,3 k €	+255%	124,7 k €	-22.2%	160,3 k €	+95.3%	82,1 k €	-46.9%	154,7 k €	+110%	-1,6 M €	-5.2%	-1,5 M €	-1735%	-84,1 k €	-145%	-34,2 k €	-258%	-9,6 k €
Net result	303,3 k €	-18.8%	373,8 k €	+40.9%	265,2 k €	+27.3%	208,3 k €	-0.9%	210,2 k €	-34.5%	320,9 k €	-55.7%	725,1 k €	+409%	142,4 k €	-30.0%	203,3 k €	-27.5%	280,3 k €	+88.5%	148,7 k €		–		–		960 €	-25.5%	1,3 k €	+81.5%	710 €
Balance sheet
Equity	4,2 M €	+6.9%	4 M €	+9.5%	3,6 M €	+6.9%	3,4 M €	+25.8%	2,7 M €	+7.2%	2,5 M €	+13.1%	2,2 M €	+111%	1,1 M €	+15.4%	913,3 k €	+27.3%	717,5 k €	+59.2%	450,6 k €	+42.4%	316,5 k €	-4.3%	330,8 k €	+9.4%	302,4 k €	-8.9%	331,9 k €	-8.1%	361 k €
Total assets	5,9 M €	+5.2%	5,6 M €	+7.5%	5,2 M €	+10.3%	4,7 M €	+25.6%	3,8 M €	+6.6%	3,5 M €	+7.3%	3,3 M €	-40.2%	5,5 M €	+3.1%	5,3 M €	+4.8%	5,1 M €	+10.5%	4,6 M €	+13.3%	4,1 M €	+7.3%	3,8 M €	+15.6%	3,3 M €	+11.8%	2,9 M €	+61.5%	1,8 M €
Cash	650,9 k €	+15.2%	564,9 k €	-19.5%	702,1 k €	-31.6%	1 M €	-13.3%	1,2 M €	+60.2%	738,8 k €	-26.0%	998,5 k €	+45.3%	687 k €	+36.8%	502,4 k €	+120%	227,9 k €	-16.1%	271,7 k €	+125%	121 k €	+79.1%	67,6 k €	-64.4%	189,6 k €	+1295%	13,6 k €	-87.5%	108,6 k €
Debts	1,3 M €	-0.4%	1,3 M €	-3.2%	1,4 M €	+4.2%	1,3 M €	+25.8%	1,1 M €	+5.6%	1 M €	-4.5%	1 M €	-75.2%	4,2 M €	+0.4%	4,2 M €	+1.2%	4,2 M €	+5.5%	4 M €	+13.7%	3,5 M €	+12.5%	3,1 M €	+11.9%	2,8 M €	+8.0%	2,6 M €	+78.5%	1,4 M €
Other
Workforce	36,6 ETP	+8.0%	33,9 ETP	+8.3%	31,3 ETP	+2.3%	30,6 ETP		–		28,4 ETP	+1.4%	28,0 ETP	+1.4%	27,6 ETP	-1.8%	28,1 ETP	+4.5%	26,9 ETP	-3.9%	28,0 ETP	+5.3%	26,6 ETP	+8.6%	24,5 ETP	-5.0%	25,8 ETP	+8.4%	23,8 ETP	+1.7%	23,4 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 · 9 active · 62 ended

Active mandates

Anne-Marie Van Steenkiste

Director · since 15 juin 2023

Active

Dirk De Cock

Director · since 22 mars 2022

Active

Herman Verhelst

Director · since 22 mars 2022

Active

Marie-Laure De Smedt

Director · since 22 mars 2022

Active

Hilde L'ecluse

Director · since 19 décembre 2019

Active

Freddy Apers

Chairman of the board of directors · since 13 mai 2014

Active

Jan Willems

Chairman of the board of directors · since 13 mai 2014

Active

Marc De Borger

Director · since 13 mai 2014

Active

Philippe Veldeman

Director · since 13 mai 2014

Active

Ended mandates

Dirk De Cock

Director · since 01 janvier 2017 · until 31 décembre 2017

Ended

Freddy Apers

Director · since 01 janvier 2017 · until 31 décembre 2017

Ended

Greet Schelfhaut

Director · since 01 janvier 2017 · until 31 décembre 2017

Ended

Herman Verhelst

Director · since 01 janvier 2017 · until 31 décembre 2017

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	24/06/2025	24/06/2024	30/06/2023	29/03/2022	23/06/2021
General meeting	18/06/2026	19/06/2025	18/06/2024	15/06/2023	22/03/2022	17/06/2021
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	18/06/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	19/06/2025	24/06/2025	Dutch	PDF
Abridged model	31/12/2023	18/06/2024	24/06/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	30/06/2023	Dutch	PDF
Micro model	31/12/2021	22/03/2022	29/03/2022	Dutch	PDF
Abridged model	31/12/2020	17/06/2021	23/06/2021	Dutch	PDF
Abridged model	31/12/2019	23/06/2020	10/07/2020	Dutch	PDF
Abridged model	31/12/2018	13/06/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	07/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	19/04/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	06/07/2015	Dutch	PDF
Abridged model	31/12/2013	14/05/2014	25/02/2015	Dutch	PDF
Full model	31/12/2012	08/05/2013	09/01/2014	Dutch	PDF
Abridged model	31/12/2011	08/05/2012	17/07/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	20/05/2010	31/08/2011	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	13/07/2009	Dutch	PDF
Full model	31/12/2007	08/04/2008	27/06/2008	Dutch	PDF
Full model	31/12/2006	24/04/2007	05/07/2007	Dutch	PDF

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 · 9 active · 62 ended

Active mandates

Anne-Marie Van Steenkiste

Director · since 15 juin 2023

Active

Dirk De Cock

Director · since 22 mars 2022

Active

Herman Verhelst

Director · since 22 mars 2022

Active

Marie-Laure De Smedt

Director · since 22 mars 2022

Active

Hilde L'ecluse

Director · since 19 décembre 2019

Active

Freddy Apers

Chairman of the board of directors · since 13 mai 2014

Active

Jan Willems

Chairman of the board of directors · since 13 mai 2014

Active

Marc De Borger

Director · since 13 mai 2014

Active

Philippe Veldeman

Director · since 13 mai 2014

Active

Ended mandates

Dirk De Cock

Director · since 01 janvier 2017 · until 31 décembre 2017

Ended

Freddy Apers

Director · since 01 janvier 2017 · until 31 décembre 2017

Ended

Greet Schelfhaut

Director · since 01 janvier 2017 · until 31 décembre 2017

Ended

Herman Verhelst

Director · since 01 janvier 2017 · until 31 décembre 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/04/2022
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares11/04/2022
KAPITAAL - AANDELEN
PDF
Restructuring31/01/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates13/07/2021
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025303,3 k €↓
2024
Annual accounts 2024373,8 k €↑
2023
Annual accounts 2023265,2 k €↑
2022
Annual accounts 2022208,3 k €↓
2022
Name changeAlderande
2021
Annual accounts 2021210,2 k €↓
2020
Annual accounts 2020320,9 k €↓
2019
Annual accounts 2019725,1 k €↑
2018
Annual accounts 2018142,4 k €↓
2017
Annual accounts 2017203,3 k €↓
2016
Annual accounts 2016280,3 k €↑
2015
Annual accounts 2015148,7 k €↑
2014
Annual accounts 2014
2013
Annual accounts 2013
2013
Name changeAlderande Wonen
2011
Annual accounts 2011960 €↓
2010
Annual accounts 20101,3 k €↑
2009
Annual accounts 2009710 €
2009
Name changeVolwassenenwerking Lokeren - Wonen
10/12/1985
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

Alderande

Overview

What does Alderande do?

Trend over 16 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