ACTIVE

ALTERNATIVE FILMS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

35,1 k €

-86.7% YoY

Gross margin

136,5 k €

-63.0% YoY

Equity

386,1 k €

+10.0% YoY

What does ALTERNATIVE FILMS do?

ALTERNATIVE FILMS is a Public limited company incorporated in 2002. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.894.938

Incorporation

06/12/2002

Legal form

Public limited company

Registered office

Avenue Louis Lepoutre 55
1050 Ixelles · BruxellesSee on map

Contributed capital

86 049,37 €

Latest accounts

31/12/2025

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	136,5 k €	-63.0%	369,2 k €	+940%	-43,9 k €	-123%	192,3 k €	+862%	20 k €	+120%	-101,2 k €	-1270%	8,7 k €	-69.6%	28,5 k €	-66.4%	84,7 k €	-81.9%	467,4 k €	-5.2%	493 k €	+52.6%	323 k €	-26.0%	436,7 k €	-3.3%	451,4 k €	-12.1%	513,3 k €	+225%	158,1 k €	+14.8%	137,7 k €	-7.9%	149,6 k €	+6.4%	140,6 k €	-9.3%	154,9 k €
EBITDA	74,6 k €	-75.7%	306,7 k €	+378%	-110,5 k €	-179%	139,4 k €	+2305%	-6,3 k €	+95.7%	-146,3 k €	-47.4%	-99,2 k €	-1.7%	-97,6 k €	-384%	34,3 k €	-91.5%	401,9 k €	-9.7%	444,8 k €	+62.5%	273,7 k €	-29.2%	386,6 k €	-4.1%	403,3 k €	-11.2%	454,4 k €	+371%	96,5 k €	+10.2%	87,6 k €	-3.3%	90,7 k €	+59.9%	56,7 k €	-22.9%	73,6 k €
Operating result	70,6 k €	-76.7%	302,2 k €	+355%	-118,6 k €	-198%	120,8 k €	+677%	-20,9 k €	+87.1%	-162,5 k €	-37.4%	-118,3 k €	-0.4%	-117,8 k €	-738%	18,5 k €	-95.2%	383,8 k €	-7.2%	413,6 k €	+61.1%	256,7 k €	-29.6%	364,4 k €	-6.0%	387,6 k €	-12.2%	441,5 k €	+397%	88,8 k €	+23.2%	72 k €	+1.5%	71 k €	+91.4%	37,1 k €	-12.1%	42,2 k €
Net result	35,1 k €	-86.7%	264,3 k €	+315%	-122,8 k €	-215%	106,4 k €	+537%	-24,3 k €	+85.2%	-164,1 k €	-50.7%	-108,9 k €	+17.9%	-132,7 k €	-20866%	638,9 €	-99.7%	244,1 k €	-10.6%	273,1 k €	+86.8%	146,2 k €	-39.7%	242,5 k €	-12.0%	275,6 k €	-12.3%	314,4 k €	+1334%	21,9 k €	-61.8%	57,3 k €	-27.8%	79,4 k €	+616%	11,1 k €	-76.4%	47,1 k €
Balance sheet
Equity	386,1 k €	+10.0%	351 k €	+109%	167,6 k €	-42.3%	290,4 k €	+57.9%	184 k €	-11.7%	208,3 k €	-44.1%	372,4 k €	-22.6%	481,4 k €	-21.6%	614 k €	+0.1%	613,4 k €	+66.1%	369,3 k €	+197%	124,2 k €	-76.7%	534 k €	+18.3%	451,5 k €	+3.4%	436,7 k €	+12.1%	389,6 k €	+6.0%	367,6 k €	+18.5%	310,3 k €	+34.4%	230,9 k €	+5.1%	219,8 k €
Total assets	630,6 k €	-12.5%	720,5 k €	+46.5%	492 k €	+16.3%	422,9 k €	-30.9%	612,1 k €	+79.9%	340,1 k €	-57.1%	793,8 k €	+22.4%	648,3 k €	-16.8%	779,3 k €	-26.4%	1,1 M €	-23.0%	1,4 M €	+111%	652,3 k €	-52.9%	1,4 M €	+15.7%	1,2 M €	-27.0%	1,6 M €	+25.6%	1,3 M €	-29.4%	1,9 M €	+5.8%	1,7 M €	+9.0%	1,6 M €	+6.8%	1,5 M €
Cash	148,7 k €	-59.1%	363,6 k €	+934%	35,2 k €	-83.9%	218,7 k €	+213%	69,8 k €	+72.2%	40,5 k €	-79.0%	193,3 k €	+11.8%	172,9 k €	-26.7%	236 k €	-35.4%	365,4 k €	-27.2%	502,2 k €	+562%	75,9 k €	-61.1%	194,9 k €	+51.7%	128,5 k €	-41.8%	220,7 k €	+534%	34,8 k €	+5983%	572,3 €	-99.6%	160,6 k €	+13716%	1,2 k €	-96.2%	30,4 k €
Debts	98,2 k €	-47.6%	187,5 k €	-37.4%	299,6 k €	+127%	131,9 k €	-53.5%	283,6 k €	+115%	131,8 k €	-31.3%	191,9 k €	+250%	54,8 k €	-66.8%	165,3 k €	-63.0%	446,1 k €	-55.2%	996,8 k €	+88.7%	528,1 k €	-38.0%	851,7 k €	+14.1%	746,2 k €	-36.0%	1,2 M €	+27.1%	916,8 k €	-38.2%	1,5 M €	+3.1%	1,4 M €	+4.8%	1,4 M €	+8.4%	1,3 M €
Other
Workforce	–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–		2,0 ETP	0.0%	2,0 ETP		–		1,8 ETP	+80.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–		1,0 ETP	-16.7%	1,2 ETP	+20.0%	1,0 ETP	0.0%	1,0 ETP	-16.7%	1,2 ETP	-25.0%	1,6 ETP	-5.9%	1,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

Certi

Director · since 22 janvier 2021 · until 22 janvier 2027 · 0426.030.037

Active

Ended mandates

Certi

Director · since 22 janvier 2021 · 0426.030.037

Represented by MICHEL LUEL

Ended

MICHEL LUEL

Managing director · since 22 janvier 2021

Ended

Certi

Director · since 29 octobre 2008 · until 29 octobre 2014 · 0426.030.037

Represented by Michel LUEL

Ended

Certi

Director · since 29 octobre 2008 · until 29 octobre 2021 · 0426.030.037

Represented by Michel LUEL

Ended

At this address

Other companies at this address

Company	CBE no.
26 DB Management● Active	0648.720.360
26 DB Productions● Active	0648.717.786
26 DB Zinneke● Active	1032.132.854
Certi● Active	0426.030.037
D.R.B. PROPERTIES● Active	0478.896.126
Labor et Vita Comite National pour l'Integration des Handicapes Mentaux● Active	0410.032.460
M.L.N.S.● Active	0538.881.520
Page 26 productions● Active	0697.701.697

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	04/06/2026	28/05/2025	12/06/2024	20/07/2023	30/09/2022	30/08/2021
General meeting	03/06/2026	27/05/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	04/06/2026	French	PDF
Abridged model	31/12/2024	27/05/2025	28/05/2025	French	PDF
Abridged model	31/12/2023	05/06/2024	12/06/2024	French	PDF
Abridged model	31/12/2022	07/06/2023	20/07/2023	French	PDF
Abridged model	31/12/2021	01/06/2022	30/09/2022	French	PDF
Abridged model	31/12/2020	02/06/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	03/06/2020	28/09/2020	French	PDF
Abridged model	31/12/2018	05/06/2019	26/07/2019	French	PDF
Abridged model	31/12/2017	06/06/2018	31/07/2018	French	PDF
Abridged model	31/12/2016	07/06/2017	27/07/2017	French	PDF
Abridged model	31/12/2015	01/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	03/06/2015	21/08/2015	French	PDF
Abridged model	31/12/2013	04/06/2014	21/08/2014	French	PDF
Abridged model	31/12/2012	05/06/2013	12/08/2013	French	PDF
Abridged model	31/12/2011	06/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	01/06/2011	25/08/2011	French	PDF
Abridged model	31/12/2009	02/06/2010	18/08/2010	French	PDF
Abridged model	31/12/2008	03/06/2009	03/08/2009	French	PDF
Abridged model	31/12/2007	04/06/2008	01/08/2008	French	PDF
Abridged model	31/12/2006	06/06/2007	26/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 17 ended

Active mandates

Certi

Director · since 22 janvier 2021 · until 22 janvier 2027 · 0426.030.037

Active

Ended mandates

Certi

Director · since 22 janvier 2021 · 0426.030.037

Represented by MICHEL LUEL

Ended

MICHEL LUEL

Managing director · since 22 janvier 2021

Ended

Certi

Director · since 29 octobre 2008 · until 29 octobre 2014 · 0426.030.037

Represented by Michel LUEL

Ended

Certi

Director · since 29 octobre 2008 · until 29 octobre 2021 · 0426.030.037

Represented by Michel LUEL

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other17/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates05/03/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates01/04/2015
DEMISSIONS, NOMINATIONS
PDF
Registered office29/09/2010
SIEGE SOCIAL
PDF
Mandates14/08/2009
DEMISSIONS, NOMINATIONS
PDF
Other09/12/2002
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202535,1 k €↓
2024
Annual accounts 2024264,3 k €↑
2023
Annual accounts 2023-122,8 k €↓
2022
Annual accounts 2022106,4 k €↑
2021
Annual accounts 2021-24,3 k €↑
2020
Annual accounts 2020-164,1 k €↓
2019
Annual accounts 2019-108,9 k €↑
2018
Annual accounts 2018-132,7 k €↓
2017
Annual accounts 2017638,9 €↓
2016
Annual accounts 2016244,1 k €↓
2015
Annual accounts 2015273,1 k €↑
2014
Annual accounts 2014146,2 k €↓
2013
Annual accounts 2013242,5 k €↓
2012
Annual accounts 2012275,6 k €↓
2011
Annual accounts 2011314,4 k €↑
2010
Annual accounts 201021,9 k €↓
2009
Annual accounts 200957,3 k €↓
2008
Annual accounts 200879,4 k €↑
2007
Annual accounts 200711,1 k €↓
2006
Annual accounts 200647,1 k €
06/12/2002
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

ALTERNATIVE FILMS

Overview

What does ALTERNATIVE FILMS do?

Trend over 20 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