ACTIVE

ALUGLAS

Financial year 2025 · closed on 31/12/2025
Net result
16,4 k €
+134.0% YoY
Gross margin
1,2 M €
+15.5% YoY
Equity
153,3 k €
+12.0% YoY
Workforce
9,7 ETP
-12.6% YoY

What does ALUGLAS do?

ALUGLAS is a Public limited company incorporated in 1992. Its main activity is: Construction of buildings. Its registered office is in Hasselt. It employs on average 9,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.849.295
Incorporation
14/07/1992
Legal form
Public limited company
Registered office
Prins-Bisschopssingel 36 box 5
3500 Hasselt · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Average workforce
9,7 ETP
Joint committees (6)
  • 111
  • 124
  • 200
  • 20000
  • 209
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,2 M €1,1 M €2,1 M €1 M €1,2 M €1,5 M €1,7 M €1,7 M €2,6 M €2,6 M €2,3 M €1,9 M €1,8 M €1,7 M €1,1 M €943,7 k €980,5 k €891,6 k €994,7 k €888,8 k €
EBITDA48,3 k €-47,5 k €900,6 k €26,3 k €55,1 k €138,9 k €-219,9 k €-615,3 k €140,7 k €-138,2 k €11,6 k €82,8 k €336,2 k €300,9 k €117,7 k €47,8 k €135,3 k €101,9 k €235,2 k €112,6 k €
Operating result39,3 k €-40,7 k €897,6 k €14,7 k €30,8 k €93,1 k €-311,6 k €-708 k €39,5 k €-230,3 k €-70,4 k €-19,4 k €235,7 k €210,1 k €-4,9 k €26,7 k €66,2 k €27,9 k €21,9 k €24,7 k €
Net result16,4 k €-48,2 k €853,7 k €3,8 k €27,9 k €86,3 k €-322,6 k €-713,7 k €34,4 k €-233,5 k €-78,2 k €-37,6 k €196,7 k €128,5 k €4,1 k €24,8 k €59,4 k €15,8 k €19,5 k €18,4 k €
Balance sheet
Equity153,3 k €136,9 k €185,1 k €-668,6 k €-672,4 k €-700,3 k €-786,6 k €-464 k €249,6 k €215,2 k €448,8 k €526,9 k €564,5 k €367,8 k €239,3 k €235,2 k €210,4 k €151 k €135,2 k €115,7 k €
Total assets415,8 k €332,4 k €685,6 k €453,7 k €536,4 k €531,7 k €1,2 M €4,1 M €6,3 M €7,1 M €2,1 M €2,9 M €2,4 M €2,2 M €3 M €1,9 M €1,3 M €1,6 M €1,1 M €1,5 M €
Cash61,7 k €182,5 k €212,9 k €151,2 k €44,3 k €31,6 k €104,6 k €44,1 k €214,3 k €554,7 k €309,9 k €119 k €236,3 k €329,7 k €199,1 k €95 k €39,1 k €22,4 k €26,3 k €28,2 k €
Debts262,5 k €195,5 k €500,5 k €1,1 M €1,2 M €1,2 M €2 M €4,6 M €6,1 M €6,8 M €1,6 M €2,4 M €1,8 M €1,8 M €2,7 M €1,6 M €1,1 M €1,4 M €995,5 k €1,4 M €
Other
Workforce9,7 ETP11,1 ETP11,6 ETP12,3 ETP13,9 ETP16,5 ETP23,6 ETP32,8 ETP36,7 ETP40,9 ETP36,6 ETP29,1 ETP23,9 ETP21,2 ETP16,9 ETP19,8 ETP17,2 ETP15,9 ETP16,0 ETP16,7 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 31/12/2025 · 3 active · 26 ended

Active mandates

Arizona Holding

Managing director · 0875.956.322

Represented by Ignace HOUBEN

Active
BELVI

Managing director · 0425.238.694

Represented by Ewald Houben

Active
Colorado Holding

Managing director · 0875.955.332

Represented by Veronique Houben

Active

Ended mandates

Arizona Holding

Managing director · since 11 juin 2021 · until 11 juin 2027 · 0875.956.322

Represented by Ignace Houben

Ended
Arizona Holding

Managing director · since 11 juin 2021 · 0875.956.322

Represented by Ignace Houben

Ended
Colorado Holding

Managing director · since 11 juin 2021 · until 11 juin 2027 · 0875.955.332

Represented by Veronique Houben

Ended
Colorado Holding

Managing director · since 11 juin 2021 · 0875.955.332

Represented by Veronique Houben

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/07/202609/07/202525/07/202413/07/202318/07/202209/07/2021
General meeting12/06/202630/06/202530/06/202409/06/202310/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/06/202615/07/2026DutchPDF
Abridged model31/12/202430/06/202509/07/2025DutchPDF
Abridged model31/12/202330/06/202425/07/2024DutchPDF
Abridged model31/12/202209/06/202313/07/2023DutchPDF
Abridged model31/12/202110/06/202218/07/2022DutchPDF
Abridged model31/12/202011/06/202109/07/2021DutchPDF
Abridged model31/12/201912/06/202007/07/2020DutchPDF
Abridged model31/12/201814/06/201928/06/2019DutchPDF
Abridged model31/12/201708/06/201812/07/2018DutchPDF
Abridged model31/12/201609/06/201707/07/2017DutchPDF
Abridged model31/12/201510/06/201615/09/2016DutchPDF
Abridged model31/12/201412/06/201515/07/2015DutchPDF
Abridged model31/12/201313/06/201429/07/2014DutchPDF
Abridged model31/12/201214/06/201329/08/2013DutchPDF
Abridged model31/12/201108/06/201216/07/2012DutchPDF
Abridged model31/12/201010/06/201115/07/2011DutchPDF
Abridged model31/12/200911/06/201012/07/2010DutchPDF
Abridged model31/12/200812/06/200931/08/2009DutchPDF
Abridged model31/12/200713/06/200818/07/2008DutchPDF
Abridged model31/12/200608/06/200730/08/2007DutchPDF
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 31/12/2025 · 3 active · 26 ended

Active mandates

Arizona Holding

Managing director · 0875.956.322

Represented by Ignace HOUBEN

Active
BELVI

Managing director · 0425.238.694

Represented by Ewald Houben

Active
Colorado Holding

Managing director · 0875.955.332

Represented by Veronique Houben

Active

Ended mandates

Arizona Holding

Managing director · since 11 juin 2021 · until 11 juin 2027 · 0875.956.322

Represented by Ignace Houben

Ended
Arizona Holding

Managing director · since 11 juin 2021 · 0875.956.322

Represented by Ignace Houben

Ended
Colorado Holding

Managing director · since 11 juin 2021 · until 11 juin 2027 · 0875.955.332

Represented by Veronique Houben

Ended
Colorado Holding

Managing director · since 11 juin 2021 · 0875.955.332

Represented by Veronique Houben

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/08/2020
    MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates24/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/05/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/11/2007
    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

Timeline

  1. 2025
    Annual accounts 202516,4 k €
  2. 2024
    Annual accounts 2024-48,2 k €
  3. 2023
    Annual accounts 2023853,7 k €
  4. 2022
    Annual accounts 20223,8 k €
  5. 2021
    Annual accounts 202127,9 k €
  6. 2020
    Annual accounts 202086,3 k €
  7. 2019
    Annual accounts 2019-322,6 k €
  8. 2018
    Annual accounts 2018-713,7 k €
  9. 2017
    Annual accounts 201734,4 k €
  10. 2016
    Annual accounts 2016-233,5 k €
  11. 2015
    Annual accounts 2015-78,2 k €
  12. 2014
    Annual accounts 2014-37,6 k €
  13. 2013
    Annual accounts 2013196,7 k €
  14. 2012
    Annual accounts 2012128,5 k €
  15. 2011
    Annual accounts 20114,1 k €
  16. 2010
    Annual accounts 201024,8 k €
  17. 2009
    Annual accounts 200959,4 k €
  18. 2008
    Annual accounts 200815,8 k €
  19. 2007
    Annual accounts 200719,5 k €
  20. 2006
    Annual accounts 200618,4 k €
  21. 14/07/1992
    IncorporationPublic limited company