ACTIVE

ALTEZ

Financial year 2025 · closed on 31/12/2025
Net result
1 M €
-26.8% YoY
Revenue
106,8 M €
+14.8% YoY
Equity
9,8 M €
+11.6% YoY
Workforce
135,8 ETP
-1.2% YoY

What does ALTEZ do?

ALTEZ is a Public limited company incorporated in 1994. Its registered office is in Tielt. It employs on average 135,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.418.589
Incorporation
30/03/1994
Legal form
Public limited company
Registered office
Szamotulystraat 5
8700 Tielt · FlandreSee on map
Contributed capital
561 429,00 €
Latest accounts
31/12/2025
Average workforce
135,8 ETP
Joint committees (8)
  • 111
  • 11100
  • 124
  • 12400
  • 200
  • 20000
  • 209
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120182017201620152014201320122011201020092008
Income statement
Revenue106,8 M €93 M €107,6 M €105,6 M €87,7 M €70 M €68,6 M €60,8 M €61,1 M €69,5 M €56,5 M €64,5 M €75,1 M €60,7 M €52,4 M €36,9 M €
EBITDA1,4 M €2,4 M €2,5 M €804,3 k €-640,9 k €531,5 k €60,7 k €291,8 k €388,3 k €361 k €692,9 k €1,1 M €619,5 k €446,4 k €2,3 M €987,9 k €
Operating result1,2 M €1,9 M €1,7 M €236,1 k €-1,3 M €287,6 k €-306,3 k €108,1 k €70,4 k €-141,8 k €139,5 k €637,7 k €270,8 k €198,9 k €2 M €804,6 k €
Net result1 M €1,4 M €1,3 M €87,6 k €-711,9 k €258,4 k €-11,7 k €70,1 k €80,3 k €5,2 k €195,7 k €843,8 k €-11,3 k €174,2 k €1,9 M €644,1 k €
Balance sheet
Equity9,8 M €8,7 M €7,4 M €6,1 M €6 M €6,1 M €6,1 M €6,1 M €6 M €5,9 M €5,9 M €5,7 M €4,9 M €4,9 M €4,7 M €2,8 M €
Total assets36,7 M €33,9 M €32,1 M €31,2 M €29,9 M €22,5 M €23,9 M €19,7 M €21,9 M €25,1 M €20,8 M €23,3 M €24,8 M €24,2 M €22,6 M €14,3 M €
Cash3 M €3,7 M €3 M €3,3 M €1,2 M €1,4 M €3,3 M €1,8 M €2,7 M €4,8 M €2,2 M €2,4 M €1,5 M €3,1 M €5,5 M €3,2 M €
Debts26,8 M €25 M €24,6 M €25,1 M €23,8 M €16,4 M €17,8 M €13,4 M €15,7 M €18,9 M €14,7 M €17,3 M €19,7 M €19,1 M €17,7 M €11,3 M €
Other
Workforce135,8 ETP137,4 ETP140,1 ETP137,4 ETP128,1 ETP106,2 ETP106,9 ETP106,8 ETP115,1 ETP122,0 ETP119,1 ETP133,0 ETP140,0 ETP111,5 ETP103,6 ETP91,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 19 ended

Active mandates

Axin Capital Holding

Managing director · since 14 décembre 2023 · until 11 juin 2029 · 0886.141.124

Represented by Johan Colpaert

Active
BOUW-IMMO ADVIES CENTER

Director · since 14 décembre 2023 · until 11 juin 2029 · 0457.626.994

Represented by Dirk Huyghe

Active
PERNEBO

Director · since 14 décembre 2023 · until 11 juin 2029 · 0456.254.148

Represented by Geert Perneel

Active

Ended mandates

PERNEBO

Director · since 20 décembre 2019 · until 06 juin 2025 · 0456.254.148

Represented by Geert Perneel

Ended
Axin Capital Holding

Managing director · since 20 juin 2017 · until 02 juin 2023 · 0886.141.124

Represented by Johan Colpaert

Ended
Axin Capital Holding

Managing director · since 20 juin 2017 · until 19 juin 2023 · 0886.141.124

Represented by Johan Colpaert

Ended
BOUW-IMMO ADVIES CENTER

Director · since 20 juin 2017 · until 02 juin 2023 · 0457.626.994

Represented by Dirk Huyghe

Ended
At this address

Other companies at this address

CompanyCBE no.
AALTER INVESTActive
0442.585.066
0886.141.124
Axin GroupActive
0739.696.660
AXPROMOActive
0790.290.672
AXZONActive
0818.491.443
M.M.T.Active
0462.288.835
R - CORPORATIONActive
0479.021.137
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date28/06/202618/06/202511/07/202412/07/202307/07/202207/07/2021
General meeting15/06/202610/06/202510/06/202419/06/202313/06/202221/06/2021
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
Full model31/12/202515/06/202628/06/2026DutchPDF
Full model31/12/202410/06/202518/06/2025DutchPDF
Full model31/12/202310/06/202411/07/2024DutchPDF
Full model31/12/202219/06/202312/07/2023DutchPDF
Full model31/12/202113/06/202207/07/2022DutchPDF
Full model31/12/202021/06/202107/07/2021DutchPDF
Full model31/12/201915/06/202008/07/2020DutchPDF
Full model31/12/201817/06/201902/07/2019DutchPDF
Full model31/12/201704/06/201805/07/2018DutchPDF
Full model31/12/201620/06/201707/07/2017DutchPDF
Full model31/12/201506/06/201624/06/2016DutchPDF
Full model31/12/201408/06/201509/07/2015DutchPDF
Full model31/12/201306/06/201407/07/2014DutchPDF
Full model31/12/201207/06/201328/06/2013DutchPDF
Full model31/12/201101/06/201217/07/2012DutchPDF
Full model31/12/201030/06/201129/07/2011DutchPDF
Full model31/12/200925/06/201025/08/2010DutchPDF
Full model31/12/200830/06/200924/08/2009DutchPDF
Full model31/12/200730/06/200811/07/2008DutchPDF
Full model31/12/200606/06/200725/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 19 ended

Active mandates

Axin Capital Holding

Managing director · since 14 décembre 2023 · until 11 juin 2029 · 0886.141.124

Represented by Johan Colpaert

Active
BOUW-IMMO ADVIES CENTER

Director · since 14 décembre 2023 · until 11 juin 2029 · 0457.626.994

Represented by Dirk Huyghe

Active
PERNEBO

Director · since 14 décembre 2023 · until 11 juin 2029 · 0456.254.148

Represented by Geert Perneel

Active

Ended mandates

PERNEBO

Director · since 20 décembre 2019 · until 06 juin 2025 · 0456.254.148

Represented by Geert Perneel

Ended
Axin Capital Holding

Managing director · since 20 juin 2017 · until 02 juin 2023 · 0886.141.124

Represented by Johan Colpaert

Ended
Axin Capital Holding

Managing director · since 20 juin 2017 · until 19 juin 2023 · 0886.141.124

Represented by Johan Colpaert

Ended
BOUW-IMMO ADVIES CENTER

Director · since 20 juin 2017 · until 02 juin 2023 · 0457.626.994

Represented by Dirk Huyghe

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/10/2015
    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 20251 M €
  2. 2024
    Annual accounts 20241,4 M €
  3. 2023
    Annual accounts 20231,3 M €
  4. 2022
    Annual accounts 202287,6 k €
  5. 2021
    Annual accounts 2021-711,9 k €
  6. 2018
    Annual accounts 2018258,4 k €
  7. 2017
    Annual accounts 2017-11,7 k €
  8. 2016
    Annual accounts 201670,1 k €
  9. 2015
    Annual accounts 201580,3 k €
  10. 2014
    Annual accounts 20145,2 k €
  11. 2013
    Annual accounts 2013195,7 k €
  12. 2012
    Annual accounts 2012843,8 k €
  13. 2011
    Annual accounts 2011-11,3 k €
  14. 2010
    Annual accounts 2010174,2 k €
  15. 2009
    Annual accounts 20091,9 M €
  16. 2008
    Annual accounts 2008644,1 k €
  17. 30/03/1994
    IncorporationPublic limited company