ACTIVE

ALCODIS

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Financial year 2025 · Closed on 31/12/2025

Net result14,4 M €-9,5 %over 1 year

Revenue905,3 M €-3,4 %over 1 year

Equity38,7 M €-12,8 %over 1 year

Workforce6,1 ETP-34,4 %over 1 year

Identity

Source · BCE/KBO

ALCODIS is a Public limited company incorporated in 1989. Its main activity is: Agents involved in the sale of fuels, ores, metals and industrial chemicals. Its registered office is in Watermael-Boitsfort. It employs on average 6,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0438.048.535
Incorporation: 03/07/1989
Legal form: Public limited company
Registered office: Boulevard du Souverain 100
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital: 2 340 000,00 €
Latest accounts: 31/12/2025
Average workforce: 6,1 ETP

Activities (NACE)

46120Agents involved in the sale of fuels, ores, metals and industrial chemicals· main 46120Agents involved in the sale of fuels, ores, metals and industrial chemicals 46751Wholesale of chemical products 46851Wholesale trade, except of motor vehicles and motorcycles 51550Air transport 51120Passenger air transport

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 21 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	905,3 M €	-3.4%	936,9 M €	-10.4%	1 Md €	-14.8%	1,2 Md €	+43.7%	855 M €
EBITDA	19,7 M €	-5.4%	20,8 M €	-62.1%	54,9 M €	+47.7%	37,2 M €	+95.5%	19 M €
Operating result	19,4 M €	-7.8%	21 M €	-61.5%	54,6 M €	+48.1%	36,9 M €	+96.9%	18,7 M €
Net result	14,4 M €	-9.5%	15,9 M €	-61.2%	40,9 M €	+49.1%	27,4 M €	+95.5%	14 M €
Balance sheet
Equity	38,7 M €	-12.8%	44,4 M €	+15.0%	38,6 M €	+2.1%	37,8 M €	+68.2%	22,5 M €
Total assets	99 M €	+24.9%	79,3 M €	-30.7%	114,3 M €	-13.5%	132,1 M €	+45.9%	90,6 M €
Cash	4,9 M €	-64.9%	13,8 M €	-61.6%	36,1 M €	+265%	9,9 M €	+3.2%	9,6 M €
Debts	60,1 M €	+73.0%	34,7 M €	-54.0%	75,4 M €	-18.2%	92,2 M €	+39.6%	66 M €
Other
Workforce	6,1 ETP	-34.4%	9,3 ETP	-2.1%	9,5 ETP	+4.4%	9,1 ETP	+7.1%	8,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GUILLAUME VERBIEST	Director15/04/2025 → 16/04/2031
IMRE KOCSOR	Director12/07/2022 → 16/04/2031
TransVerto0685.662.811Represented by Thomas VIATOUR	Managing director06/12/2017 → 16/04/2031Directorlisted until the 2017 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SOLIS MANAGEMENT & CONSULTING0887.070.047Represented by Michel MEEUS	Chairman of the board of directors12/07/2022 → 2024 accounts
BERNARD MEEUS	Director16/04/2019 → 2020 accounts
CHARLES-ALBERT PEERS	Director16/04/2019 → 2019 accounts

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Boulevard du Souverain 100 1170 Watermael-Boitsfort

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Alco Energy● Active	0656.997.925
ALCOGROUP● Active	0890.622.821
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ALCOINVEST● Active	0540.983.153
Alcotra Europe● Active	0757.790.130
Alcotra Holding● Active	0422.516.360
Arts 44● Active	0634.735.534
Avens Legal Avocats - Advocaten● Active	0851.079.087
Centre de trésorerie MKDC● Active	0720.754.738
CITIZEN GUARD● Bankrupt	0472.649.326
CITIZEN SERVICES● Bankrupt	0876.552.376
COFACE BELGIUM SERVICES● Active	0451.002.884
COMPANY ASSESSMENT WORLDWIDE● Active	0878.072.704
DRILLING EUROPE● Active	0461.829.668
DUOCAPITAL● Bankrupt	0888.849.404
EDELAW● Active	1011.294.482

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	21/05/2026	15/05/2025	14/05/2024	12/05/2023	19/05/2022	20/05/2021
General meeting	21/04/2026	15/04/2025	16/04/2024	18/04/2023	19/04/2022	20/04/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	21/04/2026	21/05/2026	French	PDF
Full model	31/12/2024	15/04/2025	15/05/2025	French	PDF
Full model	31/12/2023	16/04/2024	14/05/2024	French	PDF
Full model	31/12/2022	18/04/2023	12/05/2023	French	PDF
Full model	31/12/2021	19/04/2022	19/05/2022	French	PDF
Full model	31/12/2020	20/04/2021	20/05/2021	French	PDF
Full model	31/12/2019	21/04/2020	17/05/2020	French	PDF
Full model	31/12/2018	16/04/2019	16/05/2019	French	PDF
Full modelCorrection	31/12/2017	17/04/2018	05/07/2018	French	PDF
Full model	31/12/2017	17/04/2018	16/05/2018	French	PDF
Full model	31/12/2016	18/04/2017	15/05/2017	French	PDF
Full model	31/12/2015	19/04/2016	17/05/2016	French	PDF
Full model	31/12/2014	21/04/2015	13/05/2015	French	PDF
Full model	31/12/2013	18/03/2014	06/05/2014	French	PDF
Full model	31/12/2012	19/03/2013	08/05/2013	French	PDF
Full model	31/12/2011	20/03/2012	07/05/2012	French	PDF
Full model	31/12/2010	15/03/2011	13/05/2011	French	PDF
Full model	31/12/2009	16/03/2010	04/05/2010	French	PDF
Full model	31/12/2008	17/03/2009	09/06/2009	French	PDF
Full model	31/12/2007	18/03/2008	07/04/2008	French	PDF
Full model	31/12/2006	17/04/2007	23/05/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GUILLAUME VERBIEST	Director15/04/2025 → 16/04/2031
IMRE KOCSOR	Director12/07/2022 → 16/04/2031
TransVerto0685.662.811Represented by Thomas VIATOUR	Managing director06/12/2017 → 16/04/2031Directorlisted until the 2017 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SOLIS MANAGEMENT & CONSULTING0887.070.047Represented by Michel MEEUS	Chairman of the board of directors12/07/2022 → 2024 accounts
BERNARD MEEUS	Director16/04/2019 → 2020 accounts
CHARLES-ALBERT PEERS	Director16/04/2019 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other08/07/2026
Pouvoirs de signature
PDF
Mandates17/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates11/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates24/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates23/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates20/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates19/08/2022
DEMISSIONS, NOMINATIONS
PDF
Restructuring18/06/2021
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

TransVerto

IMRE KOCSOR

GUILLAUME VERBIEST

SOLIS MANAGEMENT & CONSULTING

BERNARD MEEUS

CHARLES-ALBERT PEERS

MARIA GIOVANNA GULINO

OLIVIER GEVART

BASH MANAGEMENT

1989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

ALCODIS

Boulevard du Souverain 100, 1170 Watermael-Boitsfort

Managing director

Director

Chairman of the board of directorsManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boulevard du Souverain 100, 1170 Watermael-BoitsfortCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00119806

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ALCODISCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00119806

Events

01/05/2026
nominationFischer & Sanders Kft. · administrateur
2025
Annual accounts 202514,4 M €↓
15/04/2025
nominationGuillaume Verbiest · administrateur
15/04/2025
reconductionImre Kocsor · administrateur
15/04/2025
reconductionTransVerto SRL · administrateur
15/04/2025
nominationBST Réviseurs d'Entreprises · commissaire
2024
Annual accounts 202415,9 M €↓
2023
Annual accounts 202340,9 M €↑
2022
Annual accounts 202227,4 M €↑
12/07/2022
nominationImre Kocsor · administrateur
11/07/2022
nominationMichel Meeus · Président du Conseil
19/04/2022
reconductionBST REVISEURS D'ENTREPRISES SRL · Commissaire
2021
Annual accounts 202114 M €↓
2020
Annual accounts 202022,9 M €↑
2019
Annual accounts 201912,5 M €↑
2018
Annual accounts 20188,2 M €↓
2017
Annual accounts 20179,2 M €↑
2016
Annual accounts 20165,3 M €↑
2015
Annual accounts 20154,1 M €↑
2014
Annual accounts 20141,2 M €↓
2012
Annual accounts 20121,4 M €↓
2011
Annual accounts 20112,6 M €↓
2010
Annual accounts 20102,9 M €↑
2009
Annual accounts 2009-4 M €↓
2008
Annual accounts 200872,6 k €
03/07/1989
IncorporationPublic limited company

ALCODIS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events