ACTIVE

Alfa Technical Installations

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Financial year 2024 · closed on 31/12/2024

Net result

187,8 k €

-40.8% YoY

Revenue

36,6 M €

+21.2% YoY

Equity

2,7 M €

+1.8% YoY

Workforce

99,7 ETP

+2.0% YoY

What does Alfa Technical Installations do?

Alfa Technical Installations is a Public limited company incorporated in 1991. Its main activity is: Manufacture of non-domestic cooling and ventilation equipment. Its registered office is in Lokeren. It employs on average 99,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.538.645

Incorporation

08/01/1991

Legal form

Public limited company

Registered office

Spieveldstraat 51
9160 Lokeren · FlandreSee on map

Contributed capital

311 500,00 €

Latest accounts

31/12/2024

Average workforce

99,7 ETP

Activities (NACE)

28250Manufacture of non-domestic cooling and ventilation equipment· main 28250Manufacture of non-domestic cooling and ventilation equipment 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 45331Sale of motor vehicle parts and accessories 43222Plumbing, heat and air-conditioning installation+1

Joint committees (3)

Signals

ProfitableGood 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 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	36,6 M €	+21.2%	30,2 M €	+29.6%	23,3 M €	-4.7%	24,4 M €	-15.5%	28,9 M €	+10.6%	26,1 M €	+27.0%	20,6 M €	+41.1%	14,6 M €	-13.1%	16,8 M €	+37.7%	12,2 M €	+1.7%	12 M €	-23.2%	15,6 M €	+8.6%	14,4 M €	+30.2%	11 M €	+95.8%	5,6 M €		–		–		–		–
EBITDA	742,4 k €	+11.0%	669 k €	+143%	275,4 k €	-60.4%	695,1 k €	+119%	317,9 k €	-48.5%	617,9 k €	-31.0%	895,9 k €	+540%	140,1 k €	-61.9%	367,6 k €	-29.5%	521,5 k €	-7.9%	566,3 k €	-37.4%	905 k €	-17.8%	1,1 M €	+44.7%	761,3 k €	+64.1%	463,9 k €	+20.5%	385 k €	-32.7%	572,1 k €	+29.6%	441,5 k €	-9.9%	490,1 k €
Operating result	530,2 k €	-11.6%	599,8 k €	+203%	198 k €	-70.7%	676,5 k €	+264%	185,7 k €	-55.2%	414,3 k €	-31.6%	606,1 k €	+447%	-174,6 k €	-326%	77,4 k €	-65.0%	221,2 k €	+5.7%	209,4 k €	-61.8%	547,4 k €	-31.5%	799,5 k €	+73.4%	461 k €	+103%	227,2 k €	+47.9%	153,6 k €	-69.1%	497,8 k €	+42.8%	348,5 k €	-18.0%	425,1 k €
Net result	187,8 k €	-40.8%	317,2 k €	+440%	-93,3 k €	-119%	500,9 k €	+1612%	29,3 k €	-87.0%	224,3 k €	-39.5%	370,6 k €	+250%	-247,2 k €	-4555%	-5,3 k €	-106%	82,5 k €	-0.8%	83,2 k €	-71.8%	294,6 k €	-34.0%	446,3 k €	+68.8%	264,3 k €	+148%	106,5 k €	-13.3%	122,8 k €	-69.4%	400,9 k €	+77.2%	226,3 k €	-14.3%	264 k €
Balance sheet
Equity	2,7 M €	+1.8%	2,7 M €	+13.4%	2,4 M €	-3.8%	2,5 M €	+25.4%	2 M €	+1.5%	1,9 M €	+13.1%	1,7 M €	+27.6%	1,3 M €	-15.5%	1,6 M €	-0.3%	1,6 M €	+5.5%	1,5 M €	+5.8%	1,4 M €	+25.9%	1,1 M €	+9.3%	1 M €	+29.9%	800,7 k €	-23.3%	1 M €	-2.5%	1,1 M €	+39.1%	770,5 k €	+19.6%	644,2 k €
Total assets	11,9 M €	+27.3%	9,3 M €	+16.6%	8 M €	-1.4%	8,1 M €	-25.7%	10,9 M €	+15.7%	9,4 M €	+1.9%	9,3 M €	+25.6%	7,4 M €	+10.6%	6,7 M €	-1.8%	6,8 M €	+19.1%	5,7 M €	+3.3%	5,5 M €	-10.7%	6,2 M €	-8.7%	6,8 M €	+69.2%	4 M €	-7.3%	4,3 M €	+99.1%	2,2 M €	-21.9%	2,8 M €	+46.3%	1,9 M €
Cash	552,1 k €	+11.9%	493,4 k €	+162%	188,5 k €	-78.3%	870 k €	+45.9%	596,3 k €	-3.6%	618,5 k €	+21.2%	510,3 k €	+67.2%	305,2 k €	+434%	57,2 k €	-86.4%	419 k €	+210%	135,3 k €	+187%	47,1 k €	-89.5%	448,7 k €	+255%	126,4 k €	-2.9%	130,2 k €	+252%	37 k €	+148%	14,9 k €	+55.3%	9,6 k €	-94.8%	185,3 k €
Debts	9,1 M €	+38.2%	6,6 M €	+18.1%	5,6 M €	-0.4%	5,6 M €	-36.5%	8,8 M €	+18.4%	7,5 M €	+1.4%	7,4 M €	+23.9%	5,9 M €	+19.2%	5 M €	-2.2%	5,1 M €	+24.8%	4,1 M €	+2.7%	4 M €	-18.9%	4,9 M €	-12.8%	5,6 M €	+82.1%	3,1 M €	-1.9%	3,1 M €	+228%	959,7 k €	-52.0%	2 M €	+60.2%	1,2 M €
Other
Workforce	99,7 ETP	+2.0%	97,7 ETP	+5.5%	92,6 ETP	+12.7%	82,2 ETP	+3.4%	79,5 ETP	+1.3%	78,5 ETP	+6.5%	73,7 ETP	+1.5%	72,6 ETP	+12.9%	64,3 ETP	+6.5%	60,4 ETP	-1.8%	61,5 ETP	-3.0%	63,4 ETP	+13.4%	55,9 ETP	+14.8%	48,7 ETP	+36.8%	35,6 ETP	+4.4%	34,1 ETP	-0.3%	34,2 ETP	+31.0%	26,1 ETP	+17.0%	22,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 5 active · 22 ended

Active mandates

Eddy Cox

Director · since 20 octobre 2021 · until 20 octobre 2027

Active

Mercurius Value Creation

Director · since 20 octobre 2021 · until 20 octobre 2027 · 0598.901.853

Represented by Geert Verachtert

Active

Nancy Vervoort

Director · since 20 octobre 2021 · until 20 octobre 2027

Active

MUDE ENGINEERING

Managing director · since 07 mai 2019 · until 06 mai 2025 · 0713.527.941

Represented by Marc Debou

Active

STI

Managing director · since 07 mai 2019 · until 06 mai 2025 · 0714.929.590

Represented by Philippe Spruyt

Active

Ended mandates

Hélène Segers

Director · since 07 mai 2019 · until 06 mai 2025

Ended

Kristl Meuleman

Director · since 07 mai 2019 · until 06 mai 2025

Ended

ALFA INVESTMENTS

Managing director · since 07 mai 2013 · until 07 mai 2019 · 0893.962.094

Represented by Philippe Spruyt

Ended

Christel Meuleman

Director · since 07 mai 2013 · until 07 mai 2019

Ended

At this address

Other companies at this address

Company	CBE no.
ALFA COOLING TECHNICS● Active	0893.949.723
ALFA GROUP● Active	0820.417.783
ALFA INVESTMENTS● Active	0893.962.094
Alfa Technical Services● Active	0847.511.071
DELTA TECHNICAL ENGINEERING● Active	0870.180.961
THV ALFA TI – VMA● Active	0732.606.950
THV ALFA TI - VMA II● Active	0747.724.203

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	05/06/2025	10/07/2024	30/05/2023	13/05/2022	11/05/2021	05/06/2020
General meeting	06/05/2025	07/05/2024	23/05/2023	03/05/2022	04/05/2021	05/05/2020
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
Full model	31/12/2024	06/05/2025	05/06/2025	Dutch	PDF
Full model	31/12/2023	07/05/2024	10/07/2024	Dutch	PDF
Full model	31/12/2022	23/05/2023	30/05/2023	Dutch	PDF
Full model	31/12/2021	03/05/2022	13/05/2022	Dutch	PDF
Full model	31/12/2020	04/05/2021	11/05/2021	Dutch	PDF
Full model	31/12/2019	05/05/2020	05/06/2020	Dutch	PDF
Full model	31/12/2018	07/05/2019	10/05/2019	Dutch	PDF
Full model	31/12/2017	02/05/2018	15/05/2018	Dutch	PDF
Full model	31/12/2016	02/05/2017	15/05/2017	Dutch	PDF
Full model	31/12/2015	03/05/2016	10/05/2016	Dutch	PDF
Full model	31/12/2014	05/05/2015	05/06/2015	Dutch	PDF
Full model	31/12/2013	06/05/2014	04/06/2014	Dutch	PDF
Full model	31/12/2012	07/05/2013	03/06/2013	Dutch	PDF
Full model	31/12/2011	25/05/2012	21/06/2012	Dutch	PDF
Full model	31/12/2010	03/05/2011	07/06/2011	Dutch	PDF
Abridged model	31/12/2009	15/06/2010	08/07/2010	Dutch	PDF
Abridged model	31/12/2008	05/05/2009	27/05/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	01/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	09/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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 · 5 active · 22 ended

Active mandates

Eddy Cox

Director · since 20 octobre 2021 · until 20 octobre 2027

Active

Mercurius Value Creation

Director · since 20 octobre 2021 · until 20 octobre 2027 · 0598.901.853

Represented by Geert Verachtert

Active

Nancy Vervoort

Director · since 20 octobre 2021 · until 20 octobre 2027

Active

MUDE ENGINEERING

Managing director · since 07 mai 2019 · until 06 mai 2025 · 0713.527.941

Represented by Marc Debou

Active

STI

Managing director · since 07 mai 2019 · until 06 mai 2025 · 0714.929.590

Represented by Philippe Spruyt

Active

Ended mandates

Hélène Segers

Director · since 07 mai 2019 · until 06 mai 2025

Ended

Kristl Meuleman

Director · since 07 mai 2019 · until 06 mai 2025

Ended

ALFA INVESTMENTS

Managing director · since 07 mai 2013 · until 07 mai 2019 · 0893.962.094

Represented by Philippe Spruyt

Ended

Christel Meuleman

Director · since 07 mai 2013 · until 07 mai 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other03/07/2026
—
PDF
Other22/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates27/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other14/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2021
ONTSLAGEN - BENOEMINGEN
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 2024187,8 k €↓
2023
Annual accounts 2023317,2 k €↑
2022
Annual accounts 2022-93,3 k €↓
2021
Annual accounts 2021500,9 k €↑
2020
Annual accounts 202029,3 k €↓
2019
Annual accounts 2019224,3 k €↓
2018
Annual accounts 2018370,6 k €↑
2017
Annual accounts 2017-247,2 k €↓
2016
Annual accounts 2016-5,3 k €↓
2015
Annual accounts 201582,5 k €↓
2014
Annual accounts 201483,2 k €↓
2013
Annual accounts 2013294,6 k €↓
2012
Annual accounts 2012446,3 k €↑
2011
Annual accounts 2011264,3 k €↑
2010
Annual accounts 2010106,5 k €↓
2009
Annual accounts 2009122,8 k €↓
2008
Annual accounts 2008400,9 k €↑
2007
Annual accounts 2007226,3 k €↓
2006
Annual accounts 2006264 k €
08/01/1991
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

Alfa Technical Installations

Overview

What does Alfa Technical Installations 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