ACTIVE

ALVAN

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Financial year 2025 · closed on 31/12/2025

Net result

16,7 k €

-98.9% YoY

Revenue

15,1 M €

-35.6% YoY

Equity

4,8 M €

-17.0% YoY

Workforce

31,4 ETP

-19.9% YoY

What does ALVAN do?

ALVAN is a Private limited company incorporated in 1995. Its registered office is in Brugge. It employs on average 31,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.405.586

Incorporation

08/11/1995

Legal form

Private limited company

Registered office

Laconiastraat 1
8000 Brugge · FlandreSee on map

Contributed capital

1 562 500,00 €

Latest accounts

31/12/2025

Average workforce

31,4 ETP

Joint committees (3)

111
11101
209

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 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2012		2011		2010		2008		2007		2006
Income statement
Revenue	15,1 M €	-35.6%	23,5 M €	+4.6%	22,4 M €	+53.4%	14,6 M €		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	162,7 k €	-91.7%	2 M €	-24.7%	2,6 M €	+1698%	-162,5 k €	-168%	238,8 k €	+107%	115,2 k €	-46.3%	214,6 k €	+73.8%	123,5 k €	-86.4%	908,5 k €	+370%	193,3 k €	+25.9%	153,5 k €	-69.0%	495 k €	+12.8%	438,8 k €	+184%	-522,5 k €	-286%	280,6 k €	+548%	-62,6 k €	+12.3%	-71,4 k €
Operating result	31,6 k €	-98.4%	1,9 M €	-23.7%	2,5 M €	+706%	-415,4 k €	-275%	237,5 k €	+131%	102,6 k €	-49.2%	202 k €	+83.8%	109,9 k €	-87.5%	881,4 k €	+438%	163,7 k €	+42.5%	114,9 k €	-69.0%	370,2 k €	+12.1%	330,2 k €	+152%	-632,5 k €	-469%	171,6 k €	+340%	-71,5 k €	+11.0%	-80,3 k €
Net result	16,7 k €	-98.9%	1,6 M €	-48.9%	3,1 M €	+764%	-464,4 k €	-171%	652,5 k €	+892%	-82,4 k €	-696%	13,8 k €	-98.6%	994,7 k €	+46.4%	679,7 k €	+1405%	-52,1 k €	-140%	129,6 k €	+134%	-379,7 k €	-528%	88,8 k €	+138%	-233,5 k €	-177%	302,7 k €	-53.3%	647,7 k €	-25.5%	869,2 k €
Balance sheet
Equity	4,8 M €	-17.0%	5,8 M €	+37.5%	4,2 M €	+276%	1,1 M €	-29.4%	1,6 M €	+377%	-570,9 k €	-16.9%	-488,5 k €	+2.8%	-502,3 k €	+66.3%	-1,5 M €	+31.3%	-2,2 M €	-2.5%	-2,1 M €	-186%	2,5 M €	-13.3%	2,9 M €	+3.2%	2,8 M €	-27.6%	3,8 M €	+8.6%	3,5 M €	+22.5%	2,9 M €
Total assets	7 M €	-27.7%	9,7 M €	+7.7%	9,1 M €	-15.9%	10,8 M €	+89.9%	5,7 M €	+56.1%	3,6 M €	-19.9%	4,5 M €	-3.5%	4,7 M €	-1.1%	4,7 M €	+0.1%	4,7 M €	-2.1%	4,8 M €	-58.3%	11,6 M €	-1.9%	11,9 M €	-5.8%	12,6 M €	-4.9%	13,2 M €	+194%	4,5 M €	+43.5%	3,1 M €
Cash	925,2 k €	-41.2%	1,6 M €	+160%	605,4 k €	+3.8%	583,3 k €	-65.1%	1,7 M €	+6010%	27,4 k €	-36.5%	43,1 k €	+102%	21,4 k €	+65.1%	12,9 k €	+74.8%	7,4 k €	-24.7%	9,8 k €	+1490%	618 €	-92.3%	8 k €	-54.3%	17,6 k €	+12206%	143 €	-99.3%	21,3 k €	-79.5%	104,1 k €
Debts	2,2 M €	-43.3%	4 M €	-18.2%	4,9 M €	-49.7%	9,6 M €	+137%	4,1 M €	-3.1%	4,2 M €	-14.7%	4,9 M €	-3.3%	5,1 M €	-17.8%	6,2 M €	-10.2%	6,9 M €	+3.2%	6,7 M €	-26.6%	9,1 M €	+1.7%	9 M €	-7.5%	9,7 M €	+3.6%	9,4 M €	+855%	981,5 k €	+266%	267,9 k €
Other
Workforce	31,4 ETP	-19.9%	39,2 ETP	-8.8%	43,0 ETP	-12.1%	48,9 ETP		–		–		–		–		0,0 ETP	-100%	0,5 ETP	-58.3%	1,2 ETP	-42.9%	2,1 ETP	+5.0%	2,0 ETP	-20.0%	2,5 ETP	-16.7%	3,0 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

Laurent Vanlander

Director · since 28 décembre 2021

Active

Olivier Garaud

Director · since 28 décembre 2021

Active

SOFINPOL

Director · since 08 juin 2021 · 0769.597.703

Represented by Mura Gerard

Active

Ended mandates

SOFINPOL

Director · since 08 juin 2021 · 0769.597.703

Represented by Gerard Mura

Ended

SOFINPOL

Director · since 08 juin 2021

Ended

Sofinpol SA

Director · since 08 juin 2021

Represented by Gerard MURA

Ended

Laurent Vanlander

Director · since 21 mars 2020

Ended

At this address

Other companies at this address

Company	CBE no.
ONLINE-ONSITE● Active	0749.657.471

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full 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	24/04/2026	24/04/2025	04/07/2024	29/06/2023	22/11/2022	30/08/2021
General meeting	31/03/2026	31/03/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	31/03/2026	24/04/2026	Dutch	PDF
Full model	31/12/2024	31/03/2025	24/04/2025	Dutch	PDF
Full model	31/12/2023	21/06/2024	04/07/2024	Dutch	PDF
Full model	31/12/2022	16/06/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	22/11/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	29/06/2016	25/09/2016	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	17/09/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	17/12/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	06/07/2012	Dutch	PDF
Abridged model	31/10/2008	18/04/2009	28/05/2009	Dutch	PDF
Abridged model	31/10/2007	22/04/2008	19/05/2008	Dutch	PDF
Abridged model	31/10/2006	23/04/2007	27/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 7 ended

Active mandates

Laurent Vanlander

Director · since 28 décembre 2021

Active

Olivier Garaud

Director · since 28 décembre 2021

Active

SOFINPOL

Director · since 08 juin 2021 · 0769.597.703

Represented by Mura Gerard

Active

Ended mandates

SOFINPOL

Director · since 08 juin 2021 · 0769.597.703

Represented by Gerard Mura

Ended

SOFINPOL

Director · since 08 juin 2021

Ended

Sofinpol SA

Director · since 08 juin 2021

Represented by Gerard MURA

Ended

Laurent Vanlander

Director · since 21 mars 2020

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/09/2026
ONTSLAGEN, BENOEMINGEN
PDF
Mandates16/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other14/10/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING
PDF
Mandates17/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/01/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2020
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

2025
Annual accounts 202516,7 k €↓
2024
Annual accounts 20241,6 M €↓
2023
Annual accounts 20233,1 M €↑
2022
Annual accounts 2022-464,4 k €↓
2021
Annual accounts 2021652,5 k €↑
2020
Annual accounts 2020-82,4 k €↓
2019
Annual accounts 201913,8 k €↓
2018
Annual accounts 2018994,7 k €↑
2017
Annual accounts 2017679,7 k €↑
2016
Annual accounts 2016-52,1 k €↓
2015
Annual accounts 2015129,6 k €↑
2012
Annual accounts 2012-379,7 k €↓
2011
Annual accounts 201188,8 k €↑
2010
Annual accounts 2010-233,5 k €↓
2008
Annual accounts 2008302,7 k €↓
2007
Annual accounts 2007647,7 k €↓
2006
Annual accounts 2006869,2 k €
08/11/1995
IncorporationPrivate 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

ALVAN

Overview

What does ALVAN do?

Trend over 17 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