ACTIVE

ALSO BELGIUM

Financial year 2025 · closed on 31/12/2025
Net result
925,4 k €
+11545.5% YoY
Revenue
451,1 M €
+3.0% YoY
Equity
13,4 M €
+7.4% YoY
Workforce
35,8 ETP
+5.0% YoY

What does ALSO BELGIUM do?

ALSO BELGIUM is a Private limited company incorporated in 2014. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Mechelen. It employs on average 35,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0555.639.952
Incorporation
01/07/2014
Legal form
Private limited company
Registered office
Schaliënhoevedreef 20e
2800 Mechelen · FlandreSee on map
Contributed capital
8 331 124,88 €
Latest accounts
31/12/2025
Average workforce
35,8 ETP
Joint committees (3)
  • 200
  • 2000
  • 20000
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212018201720162015
Income statement
Revenue451,1 M €437,9 M €425,3 M €387,3 M €319,1 M €131,2 M €78,8 M €39,6 M €702,9 k €
EBITDA3 M €2,6 M €3,6 M €3,9 M €3,4 M €456,4 k €-655,5 k €-175,8 k €242,2 k €
Operating result3 M €2,5 M €3,8 M €3,9 M €3,4 M €413,4 k €-688,5 k €-184,1 k €240,9 k €
Net result925,4 k €-8,1 k €989,2 k €1,9 M €1,7 M €-316,8 k €-835,4 k €-191,1 k €123,5 k €
Balance sheet
Equity13,4 M €12,4 M €12,5 M €13,2 M €11,3 M €7,1 M €7,4 M €8,3 M €8,4 M €
Total assets65,1 M €80 M €91 M €52,7 M €75,6 M €70,9 M €46,9 M €33,9 M €8,9 M €
Cash993,9 k €25,1 M €8,3 M €94,9 k €232,4 k €13,9 M €688,4 k €230,5 k €132,1 k €
Debts51,8 M €67,6 M €78,6 M €39,4 M €64,1 M €63,8 M €39,5 M €25,6 M €451,6 k €
Other
Workforce35,8 ETP34,1 ETP36,6 ETP38,4 ETP33,1 ETP15,1 ETP14,1 ETP12,6 ETP12,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 14 ended

Active mandates

Nijhof Martinus

Director · since 01 juin 2022

Active
Philip Hanegraef

Director · since 01 octobre 2020

Active
ALSO NEDERLAND BV

Director · since 01 juillet 2014

Represented by Sumter Miquel

Active

Ended mandates

ALSO Nederland B.V.

Director · since 01 juin 2022 · 0836.120.006

Represented by Miquel SUMTER

Ended
ALSO Nederland B.V.

Director · since 01 juin 2022 · 0836.120.006

Represented by Miquel Sumter

Ended
ALSO Nederland B.V.

Director · since 01 juin 2022 · 0836.120.006

Represented by Sumter MIQUEL

Ended
Herman Aart Hellinga

Manager · since 17 décembre 2018

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/06/202619/06/202505/07/202407/06/202316/06/202211/06/2021
General meeting03/06/202606/06/202511/06/202407/06/202325/05/202217/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202503/06/202615/06/2026DutchPDF
Full model31/12/202406/06/202519/06/2025DutchPDF
Full model31/12/202311/06/202405/07/2024DutchPDF
Full model31/12/202207/06/202307/06/2023DutchPDF
Full model31/12/202125/05/202216/06/2022DutchPDF
Full model31/12/202017/05/202111/06/2021DutchPDF
Full model31/12/201929/06/202002/07/2020DutchPDF
Full model31/12/201822/07/201925/07/2019DutchPDF
Full model31/12/201729/06/201810/07/2018DutchPDF
Full model31/12/201626/05/201703/08/2017DutchPDF
Full model31/12/201530/06/201619/07/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 14 ended

Active mandates

Nijhof Martinus

Director · since 01 juin 2022

Active
Philip Hanegraef

Director · since 01 octobre 2020

Active
ALSO NEDERLAND BV

Director · since 01 juillet 2014

Represented by Sumter Miquel

Active

Ended mandates

ALSO Nederland B.V.

Director · since 01 juin 2022 · 0836.120.006

Represented by Miquel SUMTER

Ended
ALSO Nederland B.V.

Director · since 01 juin 2022 · 0836.120.006

Represented by Miquel Sumter

Ended
ALSO Nederland B.V.

Director · since 01 juin 2022 · 0836.120.006

Represented by Sumter MIQUEL

Ended
Herman Aart Hellinga

Manager · since 17 décembre 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/12/2020
    WIJZIGING RECHTSVORM - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates15/10/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Other11/03/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates16/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/05/2018
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025925,4 k €
  2. 2024
    Annual accounts 2024-8,1 k €
  3. 2023
    Annual accounts 2023989,2 k €
  4. 01/01/2023
    nominationMAZARS BEDRIJFSREVISOREN - MAZARS REVISEURS D'ENTREPRISES — commissaris
  5. 2022
    Annual accounts 20221,9 M €
  6. 01/06/2022
    nominationMartinus Nijhof — bestuurder
  7. 01/06/2022
    nominationALSO Nederland B.V. — bestuurder
  8. 2021
    Annual accounts 20211,7 M €
  9. 2018
    Annual accounts 2018-316,8 k €
  10. 2017
    Annual accounts 2017-835,4 k €
  11. 2017
    Name changeALSO BELGIUM
  12. 2016
    Annual accounts 2016-191,1 k €
  13. 2015
    Annual accounts 2015123,5 k €
  14. 2015
    Name changeFIVE 4 U
  15. 01/07/2014
    IncorporationPrivate limited company