ALTERFACE PROJECTS
0548.877.270 · rovalta.com · 21/09/2026
ACTIVE
ALTERFACE PROJECTS
Financial year 2025 · closed on 31/12/2025
Net result
26,5 k €
-37.2% YoY
Gross margin
1,6 M €
+9.6% YoY
Equity
1,3 M €
+2.1% YoY
Workforce
18,3 ETP
-5.7% YoY
Overview
What does ALTERFACE PROJECTS do?
ALTERFACE PROJECTS is a Public limited company incorporated in 2014. Its main activity is: Manufacture of communication equipment. Its registered office is in Wavre. It employs on average 18,3 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0548.877.270
Incorporation
21/03/2014
Legal form
Public limited company
Registered office
Avenue Pasteur 11
1300 Wavre · WallonieSee on map
1300 Wavre · WallonieSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
18,3 ETP
Activities (NACE)
26300Manufacture of communication equipment· main26300Manufacture of communication equipment28990Manufacture of other special-purpose machinery n.e.c.28990Manufacture of other special-purpose machinery n.e.c.93299Other amusement and recreation activities93299Other amusement and recreation activities
Joint committees (1)
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 12 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||
| Gross margin | 1,6 M € | +9.6% | 1,4 M € | -28.4% | 2,0 M € | +72.3% | 1,2 M € | +1380% | 78,4 k € | -91.5% | 922,6 k € | -44.2% | 1,7 M € | -28.7% | 2,3 M € | +30.1% | 1,8 M € | +10.8% | 1,6 M € | +35.4% | 1,2 M € | +94.7% | 609,9 k € |
| EBITDA | 157,1 k € | +156% | 61,3 k € | -91.9% | 760,1 k € | +266% | 207,6 k € | +129% | -704,3 k € | -984% | 79,7 k € | -57.4% | 187,0 k € | -79.3% | 902,6 k € | +100% | 450,5 k € | -5.1% | 474,7 k € | +44.3% | 328,9 k € | +1.6% | 323,9 k € |
| Operating result | 130,3 k € | +31.8% | 98,8 k € | -86.6% | 738,4 k € | +354% | 162,8 k € | +121% | -762,6 k € | -1572% | 51,8 k € | -66.8% | 155,9 k € | -82.1% | 870,5 k € | +104% | 425,9 k € | -6.2% | 453,9 k € | +43.3% | 316,7 k € | -0.5% | 318,4 k € |
| Net result | 26,5 k € | -37.2% | 42,1 k € | -93.4% | 640,9 k € | +527% | 102,3 k € | +113% | -794,1 k € | -29951% | 2,7 k € | -95.5% | 58,7 k € | -91.0% | 651,0 k € | +113% | 305,5 k € | +50.7% | 202,7 k € | -8.1% | 220,6 k € | +11.0% | 198,7 k € |
| Balance sheet | |||||||||||||||||||||||
| Equity | 1,3 M € | +2.1% | 1,2 M € | +3.5% | 1,2 M € | +113% | 566,1 k € | +22.1% | 463,8 k € | -63.1% | 1,3 M € | +0.2% | 1,3 M € | +4.9% | 1,2 M € | +38.6% | 863,1 k € | +54.8% | 557,7 k € | +45.1% | 384,3 k € | +84.1% | 208,7 k € |
| Total assets | 2,5 M € | -16.3% | 2,9 M € | -42.7% | 5,1 M € | +51.4% | 3,4 M € | +23.4% | 2,8 M € | +3.4% | 2,7 M € | -14.8% | 3,1 M € | -30.7% | 4,5 M € | +22.2% | 3,7 M € | +20.3% | 3,1 M € | +56.2% | 2,0 M € | +65.8% | 1,2 M € |
| Cash | 92,3 k € | -62.2% | 244,1 k € | -54.1% | 532,1 k € | -46.7% | 998,6 k € | +94.2% | 514,3 k € | -35.8% | 800,6 k € | -3.4% | 828,5 k € | -32.1% | 1,2 M € | +8.6% | 1,1 M € | -14.9% | 1,3 M € | +860% | 137,5 k € | +202% | 45,6 k € |
| Debts | 1,2 M € | +22.6% | 947,1 k € | -45.4% | 1,7 M € | -34.0% | 2,6 M € | +15.5% | 2,3 M € | +63.1% | 1,4 M € | -14.4% | 1,6 M € | -15.7% | 1,9 M € | +18.1% | 1,6 M € | +20.2% | 1,4 M € | -3.9% | 1,4 M € | +120% | 643,9 k € |
| Other | |||||||||||||||||||||||
| Workforce | 18,3 ETP | -5.7% | 19,4 ETP | +14.8% | 16,9 ETP | +5.6% | 16,0 ETP | -7.0% | 17,2 ETP | -20.0% | 21,5 ETP | -11.2% | 24,2 ETP | +13.1% | 21,4 ETP | +5.9% | 20,2 ETP | +14.8% | 17,6 ETP | +25.7% | 14,0 ETP | +52.2% | 9,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 24 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
ALTERFACE HOLDINGS● Active | 0547.974.972 |
Axentric● Active | 0684.972.626 |
Hunter & Sable Holdings● Active | 0688.859.158 |
Hunter & Sailor Real Estate● Active | 0722.956.143 |
UNITE TVA ALTERFACE● Active | 0733.938.919 |
Financials
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 | 23/07/2026 | 06/06/2025 | 01/07/2024 | 16/06/2023 | 01/08/2022 | 16/07/2021 |
| General meeting | 01/07/2026 | 16/05/2025 | 14/05/2024 | 23/05/2023 | 30/06/2022 | 05/05/2021 |
| 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
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Try for 7 daysFilings
Annual accounts filings
12 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 01/07/2026 | 23/07/2026 | French | |
| Abridged model | 31/12/2024 | 16/05/2025 | 06/06/2025 | French | |
| Abridged model | 31/12/2023 | 14/05/2024 | 01/07/2024 | French | |
| Abridged model | 31/12/2022 | 23/05/2023 | 16/06/2023 | French | |
| Abridged model | 31/12/2021 | 30/06/2022 | 01/08/2022 | French | |
| Abridged model | 31/12/2020 | 05/05/2021 | 16/07/2021 | French | |
| Abridged model | 31/12/2019 | 16/06/2020 | 27/08/2020 | French | |
| Abridged model | 31/12/2018 | 19/06/2019 | 16/08/2019 | French | |
| Abridged model | 31/12/2017 | 02/05/2018 | 03/07/2018 | French | |
| Abridged model | 31/12/2016 | 14/06/2017 | 20/07/2017 | French | |
| Abridged model | 31/12/2015 | 04/05/2016 | 30/08/2016 | French | |
| Abridged model | 31/12/2014 | 06/05/2015 | 31/08/2015 | French |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 24 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates03/07/2024DEMISSIONS, NOMINATIONS
- Mandates19/06/2024DEMISSIONS, NOMINATIONS
- Mandates05/05/2020DEMISSIONS, NOMINATIONS
- Mandates04/12/2019DEMISSIONS, NOMINATIONS
- Mandates24/05/2018DEMISSIONS, NOMINATIONS
- Mandates27/10/2017DEMISSIONS, NOMINATIONS
- Mandates07/09/2017DEMISSIONS, NOMINATIONS
- Mandates27/07/2017DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202526,5 k €↓
- 2024Annual accounts 202442,1 k €↓
- 2023Annual accounts 2023640,9 k €↑
- 2022Annual accounts 2022102,3 k €↑
- 2021Annual accounts 2021-794,1 k €↓
- 2020Annual accounts 20202,7 k €↓
- 2019Annual accounts 201958,7 k €↓
- 2018Annual accounts 2018651,0 k €↑
- 2017Annual accounts 2017305,5 k €↑
- 2016Annual accounts 2016202,7 k €↓
- 2015Annual accounts 2015220,6 k €↑
- 2014Annual accounts 2014198,7 k €
- 21/03/2014IncorporationPublic limited company