ACTIVE

ALSO

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Financial year 2025 · closed on 31/12/2025

Net result

-685,5 €

+74.7% YoY

Gross margin

26,9 k €

+6.2% YoY

Equity

58,5 k €

-1.2% YoY

What does ALSO do?

ALSO is a Public limited company incorporated in 2000. Its registered office is in Saint-Gilles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.567.073

Incorporation

16/08/2000

Legal form

Public limited company

Registered office

Avenue du Parc 30
1060 Saint-Gilles · BruxellesSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

Positive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	26,9 k €	+6.2%	25,3 k €	-90.1%	255,1 k €	+697%	32 k €	+49.6%	21,4 k €	+443%	3,9 k €	-87.1%	30,5 k €	+2.9%	29,7 k €	-11.0%	33,3 k €	-36.6%	52,6 k €	+115%	24,4 k €	-24.2%	32,2 k €	+64.7%	19,6 k €	-53.6%	42,2 k €	+53.6%	27,5 k €	-77.5%	122 k €	+112%	57,5 k €	+8.6%	53 k €	-38.0%	85,4 k €
EBITDA	20,6 k €	+6.6%	19,3 k €	-92.2%	247,9 k €	+931%	24 k €	+249%	6,9 k €	+1757%	370,8 €	-98.7%	27,5 k €	+6.7%	25,8 k €	-11.5%	29,1 k €	-39.6%	48,3 k €	+121%	21,8 k €	-16.3%	26 k €	+50.2%	17,3 k €	-54.5%	38,1 k €	+65.0%	23,1 k €	-80.6%	118,9 k €	+190%	40,9 k €	+71.9%	23,8 k €	-66.6%	71,4 k €
Operating result	1,7 k €	+155%	-3,1 k €	-101%	227,2 k €	+76461%	-297,5 €	+98.2%	-16,7 k €	+39.4%	-27,6 k €	-3092%	-863,2 €	+90.3%	-8,9 k €	-65.1%	-5,4 k €	-140%	13,4 k €	+180%	-16,6 k €	-63.1%	-10,2 k €	+45.4%	-18,7 k €	-4.0%	-18 k €	-88.9%	-9,5 k €	-115%	64 k €	+288%	16,5 k €	+1169%	1,3 k €	-97.5%	51,3 k €
Net result	-685,5 €	+74.7%	-2,7 k €	-101%	196,1 k €	+3824%	-5,3 k €	+73.0%	-19,5 k €	+34.2%	-29,6 k €	-492%	-5 k €	+69.6%	-16,4 k €	-44.4%	-11,4 k €	-347%	4,6 k €	+117%	-26,8 k €	-18.9%	-22,6 k €	+44.9%	-41 k €	-730%	6,5 k €	+124%	-26,7 k €	-196%	27,9 k €	+1191%	2,2 k €	+122%	-9,7 k €	-124%	40,1 k €
Balance sheet
Equity	58,5 k €	-1.2%	59,2 k €	-4.4%	61,9 k €	+146%	-134,2 k €	-4.1%	-129 k €	-17.8%	-109,5 k €	-37.1%	-79,9 k €	-6.7%	-74,9 k €	-28.1%	-58,4 k €	-24.2%	-47,1 k €	+8.9%	-51,7 k €	-108%	-24,8 k €	-1005%	-2,2 k €	-106%	38,7 k €	+20.2%	32,2 k €	-45.3%	58,9 k €	+90.0%	31 k €	+7.5%	28,8 k €	-25.2%	38,5 k €
Total assets	472 k €	-9.5%	521,7 k €	-3.0%	538 k €	+12.6%	477,6 k €	-4.5%	500,2 k €	+8.0%	463 k €	-0.6%	465,9 k €	-6.2%	496,9 k €	-6.5%	531,2 k €	-6.3%	567,1 k €	-1.7%	576,8 k €	-3.7%	599,1 k €	-5.5%	634,2 k €	+0.8%	629,4 k €	-7.5%	680,6 k €	+18.8%	573 k €	-8.8%	628,3 k €	+36.7%	459,7 k €	+30.5%	352,1 k €
Cash	–		–		–		–		317,7 €	-98.8%	25,5 k €	+4806%	520,5 €	0.0%	520,5 €	+761%	60,5 €	-95.7%	1,4 k €		–		–		177,4 €	-84.9%	1,2 k €	+144%	479,8 €		–		–		–		–
Debts	378,9 k €	-11.5%	428 k €	-3.1%	441,5 k €	-27.3%	607,1 k €	-2.6%	623,1 k €	+10.3%	565,1 k €	+5.2%	537,1 k €	-4.5%	562,6 k €	-2.8%	578,9 k €	-3.8%	601,8 k €	-2.1%	614,7 k €	+1.0%	608,5 k €	-1.8%	619,5 k €	+8.3%	572,1 k €	-8.9%	628,3 k €	+27.6%	492,5 k €	-17.6%	597,3 k €	+39.8%	427,2 k €	+37.0%	311,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,5 ETP	-50.0%	1,0 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 11 ended

Active mandates

CHARMILLE

Director · since 05 juillet 5012 · 0472.120.279

Active

ALAIN BOUTON

Managing director · since 25 juin 2012

Active

Ended mandates

Alain Bouton

Managing director · since 01 janvier 2014 · until 31 décembre 2020

Ended

IREC

Director · since 01 janvier 2014 · until 31 décembre 2020

Ended

Alain Bouton

Managing director · since 01 janvier 2013 · until 31 décembre 2018

Ended

IREC

Director · since 01 janvier 2013 · until 31 décembre 2006

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro 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	28/07/2026	03/11/2025	29/10/2024	23/07/2024	23/07/2024	30/12/2021
General meeting	30/06/2026	30/06/2025	24/06/2024	27/06/2024	27/06/2024	29/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	28/07/2026	French	PDF
Micro modelCorrection	31/12/2024	30/06/2025	03/11/2025	French	PDF
Micro model	31/12/2024	30/06/2025	12/09/2025	French	PDF
Micro model	31/12/2023	24/06/2024	29/10/2024	French	PDF
Micro model	31/12/2022	27/06/2024	23/07/2024	French	PDF
Micro model	31/12/2021	27/06/2024	23/07/2024	French	PDF
Abridged model	31/12/2020	29/06/2021	30/12/2021	French	PDF
Abridged model	31/12/2019	29/06/2020	02/11/2020	French	PDF
Abridged model	31/12/2018	24/06/2019	27/08/2019	French	PDF
Abridged model	31/12/2017	25/06/2018	11/09/2018	French	PDF
Abridged model	31/12/2016	26/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	22/06/2016	23/08/2016	French	PDF
Abridged model	31/12/2014	22/06/2015	20/08/2015	Dutch	PDF
Abridged model	31/12/2013	23/06/2014	30/08/2014	French	PDF
Abridged model	31/12/2012	24/06/2013	02/08/2013	French	PDF
Abridged model	31/12/2011	25/06/2012	30/07/2012	French	PDF
Abridged model	31/12/2010	27/06/2011	11/08/2011	French	PDF
Abridged model	31/12/2009	28/06/2010	02/09/2010	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	24/08/2009	French	PDF
Abridged model	31/12/2007	27/06/2008	18/08/2008	French	PDF
Abridged model	31/12/2006	25/06/2007	27/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2022 · 2 active · 11 ended

Active mandates

CHARMILLE

Director · since 05 juillet 5012 · 0472.120.279

Active

ALAIN BOUTON

Managing director · since 25 juin 2012

Active

Ended mandates

Alain Bouton

Managing director · since 01 janvier 2014 · until 31 décembre 2020

Ended

IREC

Director · since 01 janvier 2014 · until 31 décembre 2020

Ended

Alain Bouton

Managing director · since 01 janvier 2013 · until 31 décembre 2018

Ended

IREC

Director · since 01 janvier 2013 · until 31 décembre 2006

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/03/2023
DEMISSIONS, NOMINATIONS - DIVERS
PDF
Mandates16/07/2012
DEMISSIONS, NOMINATIONS
PDF
Registered office16/07/2009
SIEGE SOCIAL
PDF
Capital / shares16/02/2007
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - ASSEMBLEE GENERALE - CAPITAL, ACTIONS
PDF
Mandates07/07/2006
DEMISSIONS, NOMINATIONS
PDF
Mandates14/11/2002
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 2025-685,5 €↑
2024
Annual accounts 2024-2,7 k €↓
2023
Annual accounts 2023196,1 k €↑
2022
Annual accounts 2022-5,3 k €↑
2021
Annual accounts 2021-19,5 k €↑
2020
Annual accounts 2020-29,6 k €↓
2019
Annual accounts 2019-5 k €↑
2018
Annual accounts 2018-16,4 k €↓
2017
Annual accounts 2017-11,4 k €↓
2016
Annual accounts 20164,6 k €↑
2015
Annual accounts 2015-26,8 k €↓
2014
Annual accounts 2014-22,6 k €↑
2013
Annual accounts 2013-41 k €↓
2012
Annual accounts 20126,5 k €↑
2011
Annual accounts 2011-26,7 k €↓
2010
Annual accounts 201027,9 k €↑
2009
Annual accounts 20092,2 k €↑
2008
Annual accounts 2008-9,7 k €↓
2007
Annual accounts 200740,1 k €
16/08/2000
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

ALSO

Overview

What does ALSO do?

Trend over 19 financial years

Indicative valuation

Board of directors

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