ALTERFIN
0453.804.602 · rovalta.com · 23/09/2026
ACTIVE
ALTERFIN
Financial year 2025 · closed on 31/12/2025
Net result
733,2 k €
-12.6% YoY
Revenue
1,1 M €
+4.7% YoY
Equity
72,4 M €
-1.5% YoY
Workforce
18,6 ETP
+2.2% YoY
Overview
What does ALTERFIN do?
ALTERFIN is a Cooperative society incorporated in 1994. Its registered office is in Saint-Josse-ten-Noode. It employs on average 18,6 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0453.804.602
Incorporation
16/11/1994
Legal form
Cooperative society
Registered office
Rue de la Charité 18-26
1210 Saint-Josse-ten-Noode · BruxellesSee on map
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
69 697 875,00 €
Latest accounts
31/12/2025
Average workforce
18,6 ETP
Joint committees (2)
- 200
- 218
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Revenue | 1,1 M € | +4.7% | 1,1 M € | +22.4% | 881,6 k € | +18.3% | 745,2 k € | +0.4% | 742,1 k € | +30.3% | 569,5 k € | -32.3% | 841,7 k € | +2.5% | 821,3 k € | +39.6% | 588,5 k € | +34.2% | 438,5 k € | +40.0% | 313,3 k € | -10.4% | 349,8 k € | -27.4% | 482,1 k € | +0.5% | 479,4 k € | -2.8% | 493,4 k € | – | – | ||
| EBITDA | -4,2 M € | -47.4% | -2,8 M € | +30.1% | -4 M € | -33.4% | -3 M € | -10.5% | -2,7 M € | -43.2% | -1,9 M € | +44.5% | -3,4 M € | +5.9% | -3,7 M € | -79.3% | -2 M € | -53.1% | -1,3 M € | -35.4% | -987 k € | -6.2% | -929,6 k € | -89.3% | -491 k € | -10.7% | -443,5 k € | -99.3% | -222,6 k € | +1.1% | -224,9 k € | -44.3% | -155,9 k € |
| Operating result | -4,3 M € | -11.2% | -3,8 M € | -32.9% | -2,9 M € | +30.1% | -4,1 M € | -16.0% | -3,6 M € | -7.8% | -3,3 M € | -24.1% | -2,7 M € | -31.2% | -2 M € | +19.0% | -2,5 M € | +18.3% | -3,1 M € | -82.6% | -1,7 M € | -4.9% | -1,6 M € | -79.4% | -893,1 k € | -58.3% | -564,3 k € | -51.3% | -372,8 k € | -47.5% | -252,8 k € | -56.5% | -161,6 k € |
| Net result | 733,2 k € | -12.6% | 839 k € | +0.8% | 832,2 k € | -26.1% | 1,1 M € | +8.4% | 1 M € | +151% | 414,9 k € | -47.1% | 785,1 k € | -22.3% | 1 M € | -10.3% | 1,1 M € | +30.9% | 861 k € | +14.3% | 753,6 k € | -3.3% | 779,4 k € | -6.6% | 834,2 k € | -20.2% | 1 M € | +109% | 499,3 k € | -26.1% | 675,6 k € | +23.1% | 549 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 72,4 M € | -1.5% | 73,5 M € | +0.6% | 73,1 M € | +0.8% | 72,5 M € | +3.8% | 69,8 M € | +3.0% | 67,8 M € | +2.1% | 66,3 M € | +3.9% | 63,8 M € | +2.6% | 62,2 M € | +18.6% | 52,5 M € | +15.8% | 45,3 M € | +27.2% | 35,6 M € | +34.5% | 26,5 M € | +30.4% | 20,3 M € | +36.6% | 14,9 M € | +33.3% | 11,2 M € | +18.7% | 9,4 M € |
| Total assets | 164,3 M € | -2.5% | 168,6 M € | +1.8% | 165,6 M € | +9.4% | 151,3 M € | +12.8% | 134,1 M € | +6.6% | 125,8 M € | -6.3% | 134,4 M € | +12.9% | 119,1 M € | +18.2% | 100,7 M € | +7.7% | 93,5 M € | +11.5% | 83,9 M € | +35.7% | 61,8 M € | +24.2% | 49,8 M € | +23.3% | 40,4 M € | +51.6% | 26,6 M € | +36.8% | 19,5 M € | +7.5% | 18,1 M € |
| Cash | 1,3 M € | +1347% | 86,5 k € | -96.4% | 2,4 M € | -32.7% | 3,6 M € | +18.2% | 3 M € | +402% | 598,4 k € | -84.2% | 3,8 M € | +16.5% | 3,2 M € | +178% | 1,2 M € | -35.6% | 1,8 M € | +1336% | 126,5 k € | -88.3% | 1,1 M € | +2220% | 46,7 k € | -83.2% | 277,9 k € | +474% | 48,4 k € | -85.8% | 340,8 k € | +1822% | 17,7 k € |
| Debts | 90,9 M € | -3.1% | 93,8 M € | +2.6% | 91,5 M € | +17.3% | 78 M € | +23.3% | 63,3 M € | +10.2% | 57,4 M € | -14.6% | 67,2 M € | +22.7% | 54,8 M € | +43.3% | 38,2 M € | -6.4% | 40,8 M € | +7.1% | 38,1 M € | +46.8% | 26 M € | +12.8% | 23 M € | +16.2% | 19,8 M € | +71.2% | 11,6 M € | +41.7% | 8,2 M € | -2.8% | 8,4 M € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 18,6 ETP | +2.2% | 18,2 ETP | -4.2% | 19,0 ETP | +6.1% | 17,9 ETP | -6.3% | 19,1 ETP | -6.4% | 20,4 ETP | +3.0% | 19,8 ETP | -5.3% | 20,9 ETP | +5.6% | 19,8 ETP | +26.1% | 15,7 ETP | +12.9% | 13,9 ETP | +9.4% | 12,7 ETP | +19.8% | 10,6 ETP | +16.5% | 9,1 ETP | +5.8% | 8,6 ETP | +28.4% | 6,7 ETP | +8.1% | 6,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 10 active · 52 ended
Active mandates
Leslie TOTTÉ
ActiveActive
Laetitia COUNYE
ActiveLuc COOL
ActiveActive
Vanessa GALHARDO-GALHETAS
ActiveElke BRIERS
ActiveThierry BERTOUILLE
ActiveMaarten LOOPMANS
ActiveKlaartje VANDERSYPEN
ActiveEnded mandates
Luc COOL
EndedFrançois DE HARVEN
EndedFrançois DE HARVEN
EndedIngrid VAN DER VEEKEN
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
ALTERFIN GARANTIEFONDS● Active | 0474.048.797 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 27/04/2026 | 27/04/2025 | 22/04/2024 | 24/04/2023 | 03/05/2022 | 27/04/2021 |
| General meeting | 25/04/2026 | 26/04/2025 | 20/04/2024 | 22/04/2023 | 30/04/2022 | 24/04/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
22 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 25/04/2026 | 27/04/2026 | Dutch | |
| Abridged model | 31/12/2024 | 26/04/2025 | 27/04/2025 | Dutch | |
| Abridged model | 31/12/2023 | 20/04/2024 | 22/04/2024 | Dutch | |
| Abridged model | 31/12/2022 | 22/04/2023 | 24/04/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/04/2022 | 03/05/2022 | Dutch | |
| Abridged model | 31/12/2020 | 24/04/2021 | 27/04/2021 | Dutch | |
| Abridged model | 31/12/2019 | 04/06/2020 | 05/06/2020 | Dutch | |
| Abridged modelCorrection | 31/12/2018 | 30/03/2019 | 11/07/2019 | Dutch | |
| Abridged model | 31/12/2018 | 30/03/2019 | 03/04/2019 | Dutch | |
| Abridged model | 31/12/2017 | 24/03/2018 | 26/03/2018 | Dutch | |
| Abridged model | 31/12/2016 | 25/03/2017 | 30/03/2017 | Dutch | |
| Abridged model | 31/12/2015 | 19/03/2016 | 21/03/2016 | Dutch | |
| Abridged modelCorrection | 31/12/2014 | 28/03/2015 | 21/05/2015 | Dutch | |
| Abridged model | 31/12/2014 | 28/03/2015 | 31/03/2015 | Dutch | |
| Abridged model | 31/12/2013 | 29/03/2014 | 01/04/2014 | Dutch | |
| Abridged model | 31/12/2012 | 23/03/2013 | 26/03/2013 | Dutch | |
| Abridged model | 31/12/2011 | 24/03/2012 | 02/04/2012 | Dutch | |
| Abridged model | 31/12/2010 | 26/03/2011 | 05/04/2011 | Dutch | |
| Abridged model | 31/12/2009 | 27/03/2010 | 22/04/2010 | Dutch | |
| Abridged model | 31/12/2008 | 28/03/2009 | 06/04/2009 | Dutch | |
| Abridged model | 31/12/2007 | 15/03/2008 | 14/04/2008 | Dutch | |
| Abridged model | 31/12/2006 | 24/03/2007 | 19/04/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 50 M€ and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 10 active · 52 ended
Active mandates
Leslie TOTTÉ
ActiveActive
Laetitia COUNYE
ActiveLuc COOL
ActiveActive
Vanessa GALHARDO-GALHETAS
ActiveElke BRIERS
ActiveThierry BERTOUILLE
ActiveMaarten LOOPMANS
ActiveKlaartje VANDERSYPEN
ActiveEnded mandates
Luc COOL
EndedFrançois DE HARVEN
EndedFrançois DE HARVEN
EndedIngrid VAN DER VEEKEN
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates06/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates19/02/2026ONTSLAGEN - BENOEMINGEN
- Mandates31/07/2025ONTSLAGEN - BENOEMINGEN
- Mandates31/05/2024ONTSLAGEN - BENOEMINGEN
- Mandates19/09/2023ONTSLAGEN - BENOEMINGEN
- Mandates17/05/2023ONTSLAGEN - BENOEMINGEN
- Mandates29/12/2022ONTSLAGEN - BENOEMINGEN
- Mandates21/06/2022ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025733,2 k €↓
- 09/12/2025nominationLeslie Totté — lid van de raad van bestuur
- 09/12/2025nominationPieter-Jan Van de Velde — lid van de raad van bestuur
- 01/09/2025nominationLuc COOL — algemeen directeur (General Manager en CEO)
- 2024Annual accounts 2024839 k €↑
- 20/04/2024nominationLaetitia Counye — bestuurder
- 20/04/2024nominationLuc Cool — bestuurder
- 20/04/2024nominationErik Devolgelaere — vaste vertegenwoordiger van Rikolto België vzw
- 20/04/2024nominationDominique Morel — vaste vertegenwoordiger van Humundi asbl
- 01/01/2024reconductionMazars bedrijfsrevisoren cv — commissaris
- 2023Annual accounts 2023832,2 k €↓
- 22/04/2023nominationVanessa Galhardo-Galhetas — bestuurder
- 2022Annual accounts 20221,1 M €↑
- 29/11/2022nominationLuv Mittal — vertegenwoordigingsbevoegdheid
- 30/04/2022nominationElke Briers — bestuurder
- 30/04/2022nominationThierry Bertouille — bestuurder
- 2021Annual accounts 20211 M €↑
- 2020Annual accounts 2020414,9 k €↓
- 2019Annual accounts 2019785,1 k €↓
- 2018Annual accounts 20181 M €↓
- 2017Annual accounts 20171,1 M €↑
- 2015Annual accounts 2015861 k €↑
- 2014Annual accounts 2014753,6 k €↓
- 2013Annual accounts 2013779,4 k €↓
- 2012Annual accounts 2012834,2 k €↓
- 2011Annual accounts 20111 M €↑
- 2010Annual accounts 2010499,3 k €↓
- 2009Annual accounts 2009675,6 k €↑
- 2008Annual accounts 2008549 k €
- 16/11/1994IncorporationCooperative society