ACTIVE

ALCOGROUP HOLDING

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

27,7 M €

-57.9% YoY

Equity

143 M €

+1.9% YoY

What does ALCOGROUP HOLDING do?

ALCOGROUP HOLDING is a Public limited company incorporated in 1998. Its main activity is: Activities of holding companies. Its registered office is in Watermael-Boitsfort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0463.522.913

Incorporation

09/06/1998

Legal form

Public limited company

Registered office

Boulevard du Souverain 100
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

18 993 289,24 €

Latest accounts

31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 65231Reinsurance

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
EBITDA	-18,6 k €	+42.3%	-32,2 k €	+41.6%	-55,1 k €	-111%	-26,1 k €	-27.4%	-20,5 k €	-2.3%	-20 k €	-9.5%	-18,3 k €	+9.1%	-20,1 k €	+74.2%	-77,9 k €	-160%	-30 k €	+9.8%	-33,3 k €	+67.0%	-100,7 k €	-9.3%	-92,1 k €	+23.7%	-120,8 k €	+34.3%	-183,9 k €	-247%	-52,9 k €	+82.1%	-296 k €	+66.3%	-878,5 k €
Operating result	-18,6 k €	+42.3%	-32,2 k €	+41.6%	-55,1 k €	-111%	-26,1 k €	-27.4%	-20,5 k €	-2.3%	-20 k €	-9.5%	-18,3 k €	+9.1%	-20,1 k €	+74.2%	-77,9 k €	-160%	-30 k €	+9.8%	-33,3 k €	+67.0%	-100,7 k €	-9.3%	-92,1 k €	+23.7%	-120,8 k €	+34.8%	-185,3 k €	-232%	-55,8 k €	+81.3%	-299,1 k €	+66.1%	-881,5 k €
Net result	27,7 M €	-57.9%	65,8 M €	-18.2%	80,4 M €	+79.1%	44,9 M €	-25.5%	60,3 M €	+110%	28,7 M €	+184%	10,1 M €	+53003%	-19,1 k €	+77.5%	-84,6 k €	-105%	1,7 M €	+838%	180,2 k €	+123%	-795,2 k €	-107%	11,6 M €	+777%	1,3 M €	+149%	-2,7 M €	-285%	1,5 M €	+113%	-11 M €	-357%	4,3 M €
Balance sheet
Equity	143 M €	+1.9%	140,3 M €	+41.0%	99,5 M €	-28.5%	139,1 M €	-0.1%	139,2 M €	+0.2%	139 M €	+26.0%	110,3 M €	-8.2%	120,2 M €	-0.0%	120,2 M €	-0.1%	120,3 M €	+0.6%	119,6 M €	-1.3%	121,2 M €	-5.3%	128 M €	+8.1%	118,4 M €	-8.6%	129,6 M €	+3.8%	124,8 M €	+1.2%	123,4 M €	-8.2%	134,3 M €
Total assets	173,6 M €	+5.0%	165,3 M €	+14.3%	144,6 M €	+3.9%	139,1 M €	-17.5%	168,7 M €	+21.3%	139 M €	-1.3%	140,9 M €	+17.2%	120,2 M €	-0.0%	120,2 M €	-0.9%	121,3 M €	-0.1%	121,4 M €	+0.1%	121,3 M €	-8.6%	132,7 M €	+5.0%	126,3 M €	-7.7%	136,9 M €	+9.6%	124,9 M €	+1.1%	123,5 M €	-8.4%	134,9 M €
Cash	265,9 k €	-10.6%	297,6 k €	-45.7%	548,5 k €	-90.5%	5,7 M €	-83.6%	35,2 M €	+3104%	1,1 M €	+183%	388,1 k €	-90.3%	4 M €	-0.9%	4 M €	-18.5%	5 M €	+4.8%	4,7 M €	+9.1%	4,3 M €	-54.9%	9,6 M €	-19.2%	11,9 M €	-49.6%	23,6 M €	-18.5%	29 M €	+16789%	171,5 k €	-98.5%	11,2 M €
Debts	30,6 M €	+22.4%	25 M €	-44.4%	45 M €	+182218%	24,7 k €	-99.9%	29,5 M €	+33085%	88,9 k €	-99.7%	30,6 M €	+137341%	22,3 k €	+11.3%	20 k €	-98.0%	1 M €	-43.9%	1,8 M €	+1682%	102 k €	-97.8%	4,7 M €	-41.1%	7,9 M €	+8.1%	7,3 M €	+13778%	52,7 k €	-54.1%	114,9 k €	-78.7%	538,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 60 ended

Active mandates

NICOLAS MEEUS

Director · since 20 septembre 2023 · until 17 avril 2029

Active

ANTONINA BERTOLINO

Director · since 18 avril 2023 · until 17 avril 2029

Active

BASH MANAGEMENT

Director · since 18 avril 2023 · until 17 avril 2029 · 0460.540.459

Represented by BERNARD MEEUS

Active

BREIDELS

Director · since 18 avril 2023 · until 17 avril 2029 · 0890.487.912

Represented by ANTOINE PEERS de NIEUWEBURGH

Active

FABIENNE DEMOL

Director · since 18 avril 2023 · until 17 avril 2029

Active

MARIA GIOVANNA GULINO

Director · since 18 avril 2023 · until 17 avril 2029

Active

THOMAS VIATOUR

Director · since 18 avril 2023 · until 17 avril 2029

Active

YVON ANDRE

Director · since 18 avril 2023 · until 17 avril 2029

Active

Ended mandates

FABIENNE DEMOL

Director · since 26 février 2020 · until 18 avril 2023

Ended

FABIENNE DEMOL

Director · since 26 février 2020 · until 17 avril 2029

Ended

ANTONINA BERTOLINO

Director · since 18 avril 2017 · until 18 avril 2023

Ended

ANTONINA BERTOLINO

Director · since 18 avril 2017 · until 17 avril 2029

Ended

At this address

Other companies at this address

Company	CBE no.
ADD INVEST● Active	0470.797.814
ADEK INTERNATIONAL● Active	0873.895.269
ALCO AFRICA HOLDING● Active	0720.839.266
ALCODIS● Active	0438.048.535
Alco Energy● Active	0656.997.925
ALCOGROUP● Active	0890.622.821
Alcogroup Pillar two● Active	1011.604.486
ALCOINVEST● Active	0540.983.153
Alcotra Europe● Active	0757.790.130
Alcotra Holding● Active	0422.516.360
Arts 44● Active	0634.735.534
Avens Legal Avocats - Advocaten● Active	0851.079.087
Centre de trésorerie MKDC● Active	0720.754.738
CITIZEN GUARD● Bankrupt	0472.649.326
CITIZEN SERVICES● Bankrupt	0876.552.376
COFACE BELGIUM SERVICES● Active	0451.002.884
COMPANY ASSESSMENT WORLDWIDE● Active	0878.072.704
DRILLING EUROPE● Active	0461.829.668
DUOCAPITAL● Bankrupt	0888.849.404
EDELAW● Active	1011.294.482

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	20/05/2026	15/05/2025	21/06/2024	12/05/2023	25/05/2022	17/06/2021
General meeting	21/04/2026	15/04/2025	16/04/2024	18/04/2023	16/05/2022	10/05/2021
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 days

Filings

Annual accounts filings

43 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	21/04/2026	20/05/2026	French	PDF
Consolidated accountsCorrection	31/12/2025	21/04/2026	29/05/2026	French	PDF
Consolidated accounts	31/12/2025	21/04/2026	26/05/2026	French	PDF
Full model	31/12/2024	15/04/2025	15/05/2025	French	PDF
Consolidated accounts	31/12/2024	15/04/2025	15/05/2025	French	PDF
Full modelCorrection	31/12/2023	16/04/2024	21/06/2024	French	PDF
Full model	31/12/2023	16/04/2024	14/05/2024	French	PDF
Consolidated accounts	31/12/2023	16/04/2024	14/05/2024	French	PDF
Full model	31/12/2022	18/04/2023	12/05/2023	French	PDF
Consolidated accounts	31/12/2022	18/04/2023	12/05/2023	French	PDF
Full model	31/12/2021	16/05/2022	25/05/2022	French	PDF
Consolidated accounts	31/12/2021	—	25/05/2022	French	PDF
Full modelCorrection	31/12/2020	10/05/2021	17/06/2021	French	PDF
Full model	31/12/2020	10/05/2021	21/05/2021	French	PDF
Consolidated accounts	31/12/2020	10/05/2021	21/05/2021	French	PDF
Full model	31/12/2019	21/04/2020	17/05/2020	French	PDF
Consolidated accounts	31/12/2019	21/04/2020	17/05/2020	French	PDF
Full model	31/12/2018	14/05/2019	16/05/2019	French	PDF
Consolidated accounts	31/12/2018	14/05/2019	16/05/2019	French	PDF
Full model	31/12/2017	17/04/2018	16/05/2018	French	PDF
Consolidated accounts	31/12/2017	17/04/2018	16/05/2018	French	PDF
Full model	31/12/2016	18/04/2017	15/05/2017	French	PDF
Consolidated accounts	31/12/2016	18/04/2017	15/05/2017	French	PDF
Full model	31/12/2015	19/04/2016	17/05/2016	French	PDF

View all 43 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 8 active · 60 ended

Active mandates

NICOLAS MEEUS

Director · since 20 septembre 2023 · until 17 avril 2029

Active

ANTONINA BERTOLINO

Director · since 18 avril 2023 · until 17 avril 2029

Active

BASH MANAGEMENT

Director · since 18 avril 2023 · until 17 avril 2029 · 0460.540.459

Represented by BERNARD MEEUS

Active

BREIDELS

Director · since 18 avril 2023 · until 17 avril 2029 · 0890.487.912

Represented by ANTOINE PEERS de NIEUWEBURGH

Active

FABIENNE DEMOL

Director · since 18 avril 2023 · until 17 avril 2029

Active

MARIA GIOVANNA GULINO

Director · since 18 avril 2023 · until 17 avril 2029

Active

THOMAS VIATOUR

Director · since 18 avril 2023 · until 17 avril 2029

Active

YVON ANDRE

Director · since 18 avril 2023 · until 17 avril 2029

Active

Ended mandates

FABIENNE DEMOL

Director · since 26 février 2020 · until 18 avril 2023

Ended

FABIENNE DEMOL

Director · since 26 février 2020 · until 17 avril 2029

Ended

ANTONINA BERTOLINO

Director · since 18 avril 2017 · until 18 avril 2023

Ended

ANTONINA BERTOLINO

Director · since 18 avril 2017 · until 17 avril 2029

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates30/05/2025
DEMISSIONS, NOMINATIONS
PDF
Other28/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other22/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates23/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates20/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates12/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates19/08/2022
DEMISSIONS, NOMINATIONS
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 202527,7 M €↓
15/04/2025
nominationJulien François — commissaire
03/04/2025
nominationAntoine Peers — représentant permanent d'un administrateur
2024
Annual accounts 202465,8 M €↓
2023
Annual accounts 202380,4 M €↑
20/09/2023
nominationNicolas Meeus — Administrateur
2022
Annual accounts 202244,9 M €↓
16/05/2022
reconductionVincent Dumont — Commissaire
2021
Annual accounts 202160,3 M €↑
2020
Annual accounts 202028,7 M €↑
2019
Annual accounts 201910,1 M €↑
2018
Annual accounts 2018-19,1 k €↑
2017
Annual accounts 2017-84,6 k €↓
2016
Annual accounts 20161,7 M €↑
2015
Annual accounts 2015180,2 k €↑
2014
Annual accounts 2014-795,2 k €↓
2013
Annual accounts 201311,6 M €↑
2012
Annual accounts 20121,3 M €↑
2011
Annual accounts 2011-2,7 M €↓
2010
Annual accounts 20101,5 M €↑
2009
Annual accounts 2009-11 M €↓
2008
Annual accounts 20084,3 M €
09/06/1998
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

ALCOGROUP HOLDING

Overview

What does ALCOGROUP HOLDING do?

Trend over 18 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