ACTIVE

ALTES

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Financial year 2024 · closed on 31/12/2024

Net result

-83 k €

-475.3% YoY

Gross margin

-45,6 k €

-9.1% YoY

Equity

771,2 k €

-9.7% YoY

What does ALTES do?

ALTES is a Private limited company incorporated in 1990. Its main activity is: Buying and selling of own real estate. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.423.451

Incorporation

19/04/1990

Legal form

Private limited company

Registered office

Antwerpsesteenweg 118
2660 Antwerpen · FlandreSee on map

Contributed capital

37 184,02 €

Latest accounts

31/12/2024

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate 41101Development of building projects 41102Development of building projects 68121Buying and selling of own real estate 68122Buying and selling of own real estate

Joint committees (2)

Signals

Solid equityLow riskGood liquidity

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-45,6 k €	-9.1%	-41,8 k €	+32.4%	-61,9 k €	-117%	358,1 k €	+55.5%	230,4 k €	+234%	68,9 k €	-36.6%	108,6 k €	-1.2%	109,9 k €	+69.9%	64,7 k €	+21.5%	53,3 k €	-3.1%	55 k €	-7.6%	59,5 k €	-8.7%	65,1 k €	+3.0%	63,3 k €	+3.8%	60,9 k €	-16.8%	73,2 k €	+27.5%	57,4 k €	-21.3%	72,9 k €	+289%	18,8 k €
EBITDA	-63,5 k €	+16.5%	-76,1 k €	-15.4%	-65,9 k €	-119%	350,8 k €	+4913%	7 k €	-86.5%	52 k €	-19.4%	64,5 k €	+460%	11,5 k €	-36.1%	18 k €	+26.7%	14,2 k €	-10.4%	15,9 k €	-23.1%	20,7 k €	-23.0%	26,8 k €	+2.4%	26,2 k €	+2.1%	25,7 k €	-34.9%	39,5 k €	+56.8%	25,2 k €	-40.3%	42,1 k €	+1331%	-3,4 k €
Operating result	-81,2 k €	-161%	134 k €	+496%	-33,8 k €	-108%	398,3 k €	+44724%	-892,5 €	-103%	35,5 k €	-34.7%	54,4 k €	+2849%	1,8 k €	-57.0%	4,3 k €	+789%	482,8 €	-69.1%	1,6 k €	-75.3%	6,3 k €	-44.9%	11,5 k €	+61.4%	7,1 k €	+19.6%	6 k €	-55.6%	13,4 k €	+758%	1,6 k €	-91.4%	18,1 k €	+167%	-27,1 k €
Net result	-83 k €	-475%	22,1 k €	+162%	-35,5 k €	-91.9%	-18,5 k €	-259%	-5,1 k €	-102%	301,9 k €	+775%	34,5 k €	+488%	-8,9 k €	-92.2%	-4,6 k €	-12.3%	-4,1 k €	-512%	998,8 €	-75.1%	4 k €	-97.6%	165,5 k €	+33538%	-494,9 €	+87.9%	-4,1 k €	-207%	3,8 k €	+145%	-8,5 k €	-252%	5,6 k €	+120%	-28,5 k €
Balance sheet
Equity	771,2 k €	-9.7%	854,1 k €	+3.9%	822,1 k €	-3.7%	853,7 k €	+53.1%	557,4 k €	-0.2%	558,6 k €	+121%	252,7 k €	+3.5%	244,3 k €	-2.0%	249,2 k €	-0.3%	249,9 k €	-0.1%	250,1 k €	+2.0%	245,2 k €	+3.4%	237,2 k €	+231%	71,7 k €	-0.7%	72,2 k €	-5.4%	76,3 k €	+5.3%	72,5 k €	-10.5%	81 k €	+7.4%	75,4 k €
Total assets	1,8 M €	-17.5%	2,2 M €	+1.6%	2,2 M €	-20.8%	2,7 M €	+48.1%	1,8 M €	+111%	876,1 k €	-22.7%	1,1 M €	+21.7%	931,3 k €	+53.7%	605,8 k €	+27.5%	475,1 k €	-5.7%	503,6 k €	-4.3%	526,3 k €	-3.5%	545,5 k €	+9.4%	498,6 k €	-3.7%	517,8 k €	-4.3%	541,3 k €	-3.9%	563 k €	-5.1%	593,4 k €	-4.3%	620,2 k €
Cash	26,5 k €	-80.9%	139 k €	+216%	44,1 k €	-93.1%	638,3 k €	+1.3%	630,1 k €	-9.3%	694,7 k €	+244%	201,9 k €	+30.6%	154,6 k €	+3.7%	149,1 k €	+214%	47,5 k €	-15.4%	56,2 k €	-13.4%	64,9 k €	+31.3%	49,4 k €	+4.9%	47,1 k €	+21.6%	38,7 k €	+19.3%	32,5 k €	+51.7%	21,4 k €	+2.7%	20,8 k €	+51.9%	13,7 k €
Debts	919,5 k €	-23.9%	1,2 M €	+24.1%	974,1 k €	-33.2%	1,5 M €	+62.0%	899,8 k €	+570%	134,3 k €	-80.9%	703,3 k €	+28.8%	545,9 k €	+89.1%	288,7 k €	+88.2%	153,4 k €	-13.7%	177,9 k €	-11.8%	201,6 k €	-10.4%	224,9 k €	-46.8%	422,4 k €	-4.3%	441,4 k €	-4.3%	461 k €	-5.3%	486,7 k €	-4.3%	508,8 k €	-6.2%	542,1 k €
Other
Workforce	–		–		–		–		–		–		–		0,4 ETP	-50.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	+33.3%	0,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 3 ended

Active mandates

Alex Tessenaere

Director · since 19 avril 1990

Active

Ended mandates

Alex Tessenaere

Bestuurder · since 19 avril 1990

Ended

Alex Tessenaere

Director

Ended

Alex Tessenaere

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Vereniging van Mede-eigenaars van het gebouw Antwerpsesteenweg 118 te Hoboken● Active	1005.826.751

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/07/2025	30/07/2024	28/07/2023	24/08/2022	31/08/2021	21/10/2020
General meeting	13/06/2025	30/06/2024	09/06/2023	10/06/2022	11/06/2021	12/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	13/06/2025	15/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	09/06/2023	28/07/2023	Dutch	PDF
Micro model	31/12/2021	10/06/2022	24/08/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	21/10/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	24/08/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	25/09/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	25/07/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	29/08/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	18/08/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	05/08/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	31/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2024 · 1 active · 3 ended

Active mandates

Alex Tessenaere

Director · since 19 avril 1990

Active

Ended mandates

Alex Tessenaere

Bestuurder · since 19 avril 1990

Ended

Alex Tessenaere

Director

Ended

Alex Tessenaere

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office23/08/2021
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring07/02/2020
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/11/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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

2024
Annual accounts 2024-83 k €↓
2023
Annual accounts 202322,1 k €↑
2022
Annual accounts 2022-35,5 k €↓
2021
Annual accounts 2021-18,5 k €↓
2020
Annual accounts 2020-5,1 k €↓
2019
Annual accounts 2019301,9 k €↑
2018
Annual accounts 201834,5 k €↑
2017
Annual accounts 2017-8,9 k €↓
2016
Annual accounts 2016-4,6 k €↓
2015
Annual accounts 2015-4,1 k €↓
2014
Annual accounts 2014998,8 €↓
2013
Annual accounts 20134 k €↓
2012
Annual accounts 2012165,5 k €↑
2011
Annual accounts 2011-494,9 €↑
2010
Annual accounts 2010-4,1 k €↓
2009
Annual accounts 20093,8 k €↑
2008
Annual accounts 2008-8,5 k €↓
2007
Annual accounts 20075,6 k €↑
2006
Annual accounts 2006-28,5 k €
19/04/1990
IncorporationPrivate limited company

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

ALTES

Overview

What does ALTES do?

Trend over 19 financial years

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