ACTIVE

ALTECO

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Financial year 2025 · closed on 31/12/2025

Net result

2,2 M €

-2.3% YoY

Revenue

14,6 M €

-3.4% YoY

Equity

3,3 M €

+4.5% YoY

Workforce

36,4 ETP

-2.9% YoY

What does ALTECO do?

ALTECO is a Public limited company incorporated in 1990. Its registered office is in Rotselaar. It employs on average 36,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.450.058

Incorporation

18/12/1990

Legal form

Public limited company

Registered office

Melkerijstraat 54-56
3110 Rotselaar · FlandreSee on map

Contributed capital

500 156,17 €

Latest accounts

31/12/2025

Average workforce

36,4 ETP

Joint committees (4)

111
11102
209
20900

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	14,6 M €	-3.4%	15,2 M €	+1.2%	15 M €	+5.4%	14,2 M €	+15.0%	12,3 M €		–		–		–		7,7 M €	-11.8%	8,8 M €	+8.7%	8,1 M €	-9.2%	8,9 M €		–		–		–		–		–		5,4 M €
EBITDA	3,2 M €	-0.5%	3,2 M €	+7.6%	3 M €	+3.0%	2,9 M €	+35.0%	2,2 M €	+36.1%	1,6 M €	+112%	752,6 k €	+9.7%	685,9 k €	+34.5%	510,1 k €	-53.2%	1,1 M €	+9.3%	997,1 k €	-24.4%	1,3 M €	+35.5%	973,3 k €	+75.8%	553,7 k €	+10.6%	500,7 k €	-15.2%	590,7 k €	+40.9%	419,2 k €	-27.3%	576,7 k €
Operating result	2,8 M €	-2.8%	2,9 M €	+5.7%	2,7 M €	+2.1%	2,7 M €	+40.5%	1,9 M €	+42.4%	1,3 M €	+235%	401,7 k €	-9.6%	444,4 k €	+57.3%	282,5 k €	-66.7%	848,1 k €	+14.1%	743,2 k €	-31.8%	1,1 M €	+49.7%	727,9 k €	+125%	322,8 k €	+7.9%	299,1 k €	-26.3%	405,6 k €	+58.7%	255,5 k €	-41.9%	439,5 k €
Net result	2,2 M €	-2.3%	2,3 M €	+4.3%	2,2 M €	+1.8%	2,2 M €	+40.0%	1,5 M €	+35.1%	1,1 M €	+238%	337,7 k €	-10.8%	378,4 k €	+52.9%	247,5 k €	-55.5%	556,3 k €	+15.3%	482,3 k €	-30.5%	693,5 k €	+54.5%	448,7 k €	+149%	179,9 k €	+8.9%	165,1 k €	-26.6%	225 k €	+69.1%	133,1 k €	+19.2%	111,7 k €
Balance sheet
Equity	3,3 M €	+4.5%	3,2 M €	+6.6%	3 M €	+3.5%	2,9 M €	-3.0%	3 M €	+21.2%	2,4 M €	-15.8%	2,9 M €	+3.1%	2,8 M €	+4.4%	2,7 M €	-0.1%	2,7 M €	+6.2%	2,5 M €	+10.0%	2,3 M €	+43.1%	1,6 M €	+38.7%	1,2 M €	+12.6%	1 M €	+12.6%	916 k €	+23.6%	741 k €	+12.6%	657,9 k €
Total assets	8,8 M €	+9.7%	8 M €	-10.5%	9 M €	-4.7%	9,4 M €	+34.7%	7 M €	+6.9%	6,5 M €	+16.4%	5,6 M €	-12.5%	6,4 M €	+14.2%	5,6 M €	+18.3%	4,7 M €	+1.9%	4,7 M €	-5.3%	4,9 M €	+18.4%	4,2 M €	+18.6%	3,5 M €	+17.6%	3 M €	-18.4%	3,7 M €	-3.6%	3,8 M €	-5.4%	4 M €
Cash	544 k €	-14.6%	637 k €	+4.5%	609,4 k €	-49.1%	1,2 M €	-5.0%	1,3 M €	+44.7%	870,7 k €	-44.2%	1,6 M €	+27.4%	1,2 M €	-14.2%	1,4 M €	+16.1%	1,2 M €	+17.8%	1 M €	-8.8%	1,1 M €	+237%	339,5 k €	+124%	151,2 k €	-31.8%	221,8 k €	+41.3%	156,9 k €	-67.1%	477,1 k €	-18.3%	584,1 k €
Debts	5,5 M €	+13.1%	4,8 M €	-19.1%	6 M €	-8.3%	6,5 M €	+62.3%	4 M €	-1.6%	4,1 M €	+50.6%	2,7 M €	-23.7%	3,6 M €	+23.5%	2,9 M €	+43.3%	2 M €	+1.5%	2 M €	-20.0%	2,5 M €	+1.3%	2,4 M €	+8.6%	2,3 M €	+21.6%	1,9 M €	-29.5%	2,6 M €	-12.6%	3 M €	-10.0%	3,3 M €
Other
Workforce	36,4 ETP	-2.9%	37,5 ETP	-2.8%	38,6 ETP	-6.1%	41,1 ETP	+7.3%	38,3 ETP	-3.8%	39,8 ETP	-2.9%	41,0 ETP	-11.1%	46,1 ETP	+8.5%	42,5 ETP	-9.2%	46,8 ETP	+1.1%	46,3 ETP	-2.3%	47,4 ETP	-2.3%	48,5 ETP	-4.0%	50,5 ETP	-6.5%	54,0 ETP	+3.1%	52,4 ETP	+7.2%	48,9 ETP	+10.9%	44,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 16 ended

Active mandates

Denise Heymans

Director · since 16 avril 2021 · until 15 mars 2027

Active

Inpresco

Director · since 16 avril 2021 · until 15 mars 2027 · 0507.791.931

Represented by Joris Blockmans

Active

Luc Blockmans

Managing director · since 16 avril 2021 · until 15 mars 2027

Active

VAPCO

Director · since 16 avril 2021 · until 15 mars 2027 · 0568.690.016

Represented by Jeroen Blockmans

Active

Ended mandates

Denise Heymans

Director · since 16 avril 2021 · until 17 mars 2027

Ended

Inpresco

Director · since 16 avril 2021 · until 17 mars 2027 · 0507.791.931

Represented by Joris Blockmans

Ended

Luc Blockmans

Managing director · since 16 avril 2021 · until 17 mars 2027

Ended

VAPCO

Director · since 16 avril 2021 · until 17 mars 2027 · 0568.690.016

Represented by Jeroen Blockmans

Ended

Annual accounts

Full financial information

	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	07/05/2026	28/05/2025	03/07/2024	02/05/2023	06/05/2022	28/05/2021
General meeting	04/05/2026	30/04/2025	07/06/2024	30/04/2023	25/04/2022	16/04/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	04/05/2026	07/05/2026	Dutch	PDF
Full model	31/12/2024	30/04/2025	28/05/2025	Dutch	PDF
Full model	31/12/2023	07/06/2024	03/07/2024	Dutch	PDF
Full model	31/12/2022	30/04/2023	02/05/2023	Dutch	PDF
Full model	31/12/2021	25/04/2022	06/05/2022	Dutch	PDF
Full model	31/12/2020	16/04/2021	28/05/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	22/04/2019	29/04/2019	Dutch	PDF
Abridged model	31/12/2017	12/04/2018	16/04/2018	Dutch	PDF
Abridged model	31/12/2016	23/03/2017	04/04/2017	Dutch	PDF
Full model	31/12/2015	24/03/2016	29/03/2016	Dutch	PDF
Full model	31/12/2014	16/03/2015	07/04/2015	Dutch	PDF
Full model	31/12/2013	17/03/2014	14/04/2014	Dutch	PDF
Full model	31/12/2012	15/03/2013	07/05/2013	Dutch	PDF
Abridged model	31/12/2011	15/03/2012	10/04/2012	Dutch	PDF
Abridged model	31/12/2010	15/03/2011	11/04/2011	Dutch	PDF
Abridged model	31/12/2009	15/03/2010	13/04/2010	Dutch	PDF
Abridged model	31/12/2008	16/03/2009	09/04/2009	Dutch	PDF
Abridged model	31/12/2007	17/03/2008	15/04/2008	Dutch	PDF
Abridged model	31/12/2006	15/03/2007	05/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 4 active · 16 ended

Active mandates

Denise Heymans

Director · since 16 avril 2021 · until 15 mars 2027

Active

Inpresco

Director · since 16 avril 2021 · until 15 mars 2027 · 0507.791.931

Represented by Joris Blockmans

Active

Luc Blockmans

Managing director · since 16 avril 2021 · until 15 mars 2027

Active

VAPCO

Director · since 16 avril 2021 · until 15 mars 2027 · 0568.690.016

Represented by Jeroen Blockmans

Active

Ended mandates

Denise Heymans

Director · since 16 avril 2021 · until 17 mars 2027

Ended

Inpresco

Director · since 16 avril 2021 · until 17 mars 2027 · 0507.791.931

Represented by Joris Blockmans

Ended

Luc Blockmans

Managing director · since 16 avril 2021 · until 17 mars 2027

Ended

VAPCO

Director · since 16 avril 2021 · until 17 mars 2027 · 0568.690.016

Represented by Jeroen Blockmans

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates22/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/05/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/04/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/01/2010
KAPITAAL - AANDELEN - 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 20252,2 M €↓
2024
Annual accounts 20242,3 M €↑
2023
Annual accounts 20232,2 M €↑
2022
Annual accounts 20222,2 M €↑
2021
Annual accounts 20211,5 M €↑
2018
Annual accounts 20181,1 M €↑
2017
Annual accounts 2017337,7 k €↓
2016
Annual accounts 2016378,4 k €↑
2015
Annual accounts 2015247,5 k €↓
2014
Annual accounts 2014556,3 k €↑
2013
Annual accounts 2013482,3 k €↓
2012
Annual accounts 2012693,5 k €↑
2011
Annual accounts 2011448,7 k €↑
2010
Annual accounts 2010179,9 k €↑
2009
Annual accounts 2009165,1 k €↓
2008
Annual accounts 2008225 k €↑
2007
Annual accounts 2007133,1 k €↑
2006
Annual accounts 2006111,7 k €
18/12/1990
IncorporationPublic 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

ALTECO

Overview

What does ALTECO do?

Trend over 18 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