ACTIVE

ALUWIN

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Financial year 2025 · closed on 31/12/2025

Net result

-22 k €

-221.8% YoY

Gross margin

2,2 M €

+2.2% YoY

Equity

848,8 k €

-2.5% YoY

Workforce

32,3 ETP

+5.9% YoY

What does ALUWIN do?

ALUWIN is a Public limited company incorporated in 2001. Its registered office is in Charleroi. It employs on average 32,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.005.544

Incorporation

05/02/2001

Legal form

Public limited company

Registered office

Avenue Jean Mermoz 12
6041 Charleroi · WallonieSee on map

Contributed capital

496 000,00 €

Latest accounts

31/12/2025

Average workforce

32,3 ETP

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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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	2,2 M €	+2.2%	2,2 M €	-5.1%	2,3 M €	+8.9%	2,1 M €	+6.9%	2 M €	+39.9%	1,4 M €	-10.4%	1,6 M €	+12.5%	1,4 M €	+10.0%	1,3 M €	+9.9%	1,2 M €	-6.2%	1,2 M €	+6.2%	1,2 M €	-2.7%	1,2 M €	-26.3%	1,6 M €	-10.4%	1,8 M €	+7.3%	1,7 M €	-4.0%	1,8 M €	-1.2%	1,8 M €	+11.4%	1,6 M €
EBITDA	-20,1 k €	-104%	477,6 k €	-22.7%	617,9 k €	+36.5%	452,6 k €	+4.0%	435,1 k €	+143%	178,9 k €	-13.5%	206,8 k €	+70.9%	121 k €	-8.3%	131,9 k €	+44.2%	91,4 k €	-19.0%	112,9 k €	+2129%	-5,6 k €	+97.3%	-205,7 k €	-367%	77,1 k €	-64.9%	219,5 k €	-21.3%	278,8 k €	-26.5%	379,3 k €	-15.5%	448,7 k €	-9.5%	495,8 k €
Operating result	67,8 k €	-50.5%	137 k €	-69.1%	443,7 k €	+75.0%	253,6 k €	+71.7%	147,6 k €	+35.6%	108,8 k €	+12.1%	97,1 k €	+76.3%	55,1 k €	-0.6%	55,4 k €	+470%	9,7 k €	-64.1%	27,1 k €	+129%	-91,8 k €	+33.0%	-137 k €	+39.0%	-224,4 k €	-329%	98,1 k €	-34.0%	148,8 k €	-47.1%	281,4 k €	-16.4%	336,7 k €	-11.4%	380,1 k €
Net result	-22 k €	-222%	18,1 k €	-92.6%	243 k €	+91.3%	127 k €	+74.0%	73 k €	+36.4%	53,5 k €	+64.8%	32,5 k €	+171%	12 k €	+1389%	805,8 €	+102%	-40,3 k €	-181%	-14,3 k €	+90.1%	-144,5 k €	+3.5%	-149,8 k €	+64.2%	-418,5 k €	-6991%	-5,9 k €	-125%	23,7 k €	-83.1%	140,4 k €	-40.5%	235,9 k €	+21.3%	194,5 k €
Balance sheet
Equity	848,8 k €	-2.5%	870,8 k €	+2.1%	852,7 k €	+39.9%	609,7 k €	+26.3%	482,7 k €	+17.8%	409,6 k €	+15.0%	356,1 k €	+10.0%	323,6 k €	+3.9%	311,6 k €	+0.3%	310,8 k €	-11.5%	351,1 k €	-3.9%	365,4 k €	-28.3%	509,9 k €	-22.7%	659,7 k €	-38.8%	1,1 M €	-0.5%	1,1 M €	+2.2%	1,1 M €	+15.3%	919,9 k €	+23.1%	747 k €
Total assets	2,8 M €	+11.6%	2,5 M €	-10.3%	2,8 M €	+17.8%	2,4 M €	-9.6%	2,6 M €	+20.1%	2,2 M €	+20.7%	1,8 M €	-16.7%	2,2 M €	+2.5%	2,1 M €	+1.6%	2,1 M €	+21.1%	1,7 M €	+3.4%	1,7 M €	+1.7%	1,6 M €	-47.3%	3,1 M €	-12.4%	3,5 M €	+3.8%	3,4 M €	-3.1%	3,5 M €	+9.5%	3,2 M €	+2.6%	3,1 M €
Cash	480,7 k €	-30.4%	691,2 k €	-11.8%	783,4 k €	+69.1%	463,2 k €	-13.3%	534,3 k €	-1.4%	542 k €	+130%	235,7 k €	+99.2%	118,3 k €	+37.8%	85,9 k €	+182%	30,4 k €	-62.9%	82,1 k €	-60.5%	207,5 k €	+1.7%	204 k €	-35.2%	314,5 k €	-38.8%	514,2 k €	+0.2%	513 k €	-10.1%	570,6 k €	+27.2%	448,7 k €	+42.9%	314 k €
Debts	1,8 M €	+43.9%	1,3 M €	-24.1%	1,7 M €	+6.8%	1,6 M €	-21.9%	2 M €	+20.1%	1,7 M €	+23.7%	1,3 M €	-22.8%	1,7 M €	+2.9%	1,7 M €	+1.3%	1,7 M €	+31.9%	1,3 M €	-1.0%	1,3 M €	+13.8%	1,1 M €	-53.1%	2,4 M €	-2.5%	2,5 M €	+5.8%	2,3 M €	-5.4%	2,5 M €	+7.1%	2,3 M €	-3.8%	2,4 M €
Other
Workforce	32,3 ETP	+5.9%	30,5 ETP	-5.9%	32,4 ETP	-1.2%	32,8 ETP	+10.1%	29,8 ETP	+22.1%	24,4 ETP	-0.8%	24,6 ETP	+5.1%	23,4 ETP	+2.2%	22,9 ETP	+2.2%	22,4 ETP	-3.9%	23,3 ETP	-22.3%	30,0 ETP	0.0%	30,0 ETP	-17.8%	36,5 ETP	-4.9%	38,4 ETP	-1.0%	38,8 ETP	+3.5%	37,5 ETP	+2.7%	36,5 ETP	+7.0%	34,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 18 ended

Active mandates

Christophe COQUELET

Managing director · since 24 janvier 2024 · until 23 janvier 2030

Active

Koen D'HOORE

Chairman of the board of directors · since 24 janvier 2024 · until 23 janvier 2030

Active

Roman MARKO

Director · since 24 janvier 2024 · until 23 janvier 2030

Active

Ended mandates

Christophe Coquelet

Managing director · since 13 juin 2018 · until 13 mars 2024

Ended

Christophe Coquelet

Managing director · since 13 juin 2018 · until 13 juin 2024

Ended

Christophe Coquelet

Managing director · since 13 juin 2018 · until 13 août 2024

Ended

Christophe COQUELET

Managing director · since 13 juin 2018 · until 23 janvier 2030

Ended

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	29/08/2026	30/06/2025	30/07/2024	12/09/2023	12/08/2022	29/07/2021
General meeting	10/06/2026	11/06/2025	12/06/2024	14/06/2023	08/06/2022	09/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/06/2026	29/08/2026	French	PDF
Abridged model	31/12/2024	11/06/2025	30/06/2025	French	PDF
Abridged model	31/12/2023	12/06/2024	30/07/2024	French	PDF
Abridged model	31/12/2022	14/06/2023	12/09/2023	French	PDF
Abridged model	31/12/2021	08/06/2022	12/08/2022	French	PDF
Abridged model	31/12/2020	09/06/2021	29/07/2021	French	PDF
Abridged model	31/12/2019	10/06/2020	20/08/2020	French	PDF
Abridged model	31/12/2018	12/06/2019	04/07/2019	French	PDF
Abridged model	31/12/2017	13/06/2018	24/08/2018	French	PDF
Abridged model	31/12/2016	14/06/2017	10/08/2017	French	PDF
Abridged model	31/12/2015	08/06/2016	28/07/2016	French	PDF
Abridged model	31/12/2014	10/06/2015	30/07/2015	French	PDF
Abridged model	31/12/2013	11/06/2014	05/08/2014	French	PDF
Abridged model	31/12/2012	12/06/2013	10/07/2013	French	PDF
Abridged model	31/12/2011	13/06/2012	21/08/2012	French	PDF
Abridged model	31/12/2010	08/06/2011	08/08/2011	French	PDF
Abridged model	31/12/2009	09/06/2010	16/07/2010	French	PDF
Abridged model	31/12/2008	10/06/2009	15/07/2009	French	PDF
Abridged model	31/12/2007	11/06/2008	17/09/2008	French	PDF
Abridged model	31/12/2006	13/06/2007	09/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 18 ended

Active mandates

Christophe COQUELET

Managing director · since 24 janvier 2024 · until 23 janvier 2030

Active

Koen D'HOORE

Chairman of the board of directors · since 24 janvier 2024 · until 23 janvier 2030

Active

Roman MARKO

Director · since 24 janvier 2024 · until 23 janvier 2030

Active

Ended mandates

Christophe Coquelet

Managing director · since 13 juin 2018 · until 13 mars 2024

Ended

Christophe Coquelet

Managing director · since 13 juin 2018 · until 13 juin 2024

Ended

Christophe Coquelet

Managing director · since 13 juin 2018 · until 13 août 2024

Ended

Christophe COQUELET

Managing director · since 13 juin 2018 · until 23 janvier 2030

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates02/01/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates06/10/2015
DEMISSIONS, NOMINATIONS
PDF
Registered office19/06/2015
SIEGE SOCIAL
PDF
Mandates04/06/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates17/04/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates26/01/2011
DEMISSIONS, NOMINATIONS
PDF
Other17/11/2009
DIVERS
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 2025-22 k €↓
2024
Annual accounts 202418,1 k €↓
2023
Annual accounts 2023243 k €↑
2022
Annual accounts 2022127 k €↑
2021
Annual accounts 202173 k €↑
2020
Annual accounts 202053,5 k €↑
2019
Annual accounts 201932,5 k €↑
2018
Annual accounts 201812 k €↑
2017
Annual accounts 2017805,8 €↑
2016
Annual accounts 2016-40,3 k €↓
2015
Annual accounts 2015-14,3 k €↑
2014
Annual accounts 2014-144,5 k €↑
2013
Annual accounts 2013-149,8 k €↑
2012
Annual accounts 2012-418,5 k €↓
2011
Annual accounts 2011-5,9 k €↓
2010
Annual accounts 201023,7 k €↓
2009
Annual accounts 2009140,4 k €↓
2008
Annual accounts 2008235,9 k €↑
2007
Annual accounts 2007194,5 k €
05/02/2001
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

ALUWIN

Overview

What does ALUWIN 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