ACTIVE

altaar

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Financial year 2025 · closed on 31/12/2025
Net result
484,4 k €
+198.4% YoY
Gross margin
3,1 M €
+59.9% YoY
Equity
11,6 M €
-5.8% YoY

What does altaar do?

altaar is a Public limited company incorporated in 2014. Its registered office is in Genappe.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0567.897.089
Incorporation
12/11/2014
Legal form
Public limited company
Registered office
Rue de la Forge 10
1470 Genappe · WallonieSee on map
Contributed capital
1 684 890,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin3,1 M €1,9 M €1,6 M €1,6 M €1,4 M €1,4 M €1,4 M €1,3 M €1,1 M €689,9 k €746,3 k €
EBITDA3 M €1,8 M €1,5 M €1,5 M €1,2 M €1,3 M €1,4 M €1,3 M €1,1 M €652,5 k €708,7 k €
Operating result1,1 M €214,5 k €-51,1 k €92,2 k €-174,9 k €-141,6 k €-19,5 k €-63,5 k €-84,5 k €-320,4 k €4,6 k €
Net result484,4 k €-492,2 k €-503,8 k €-280,6 k €-419,3 k €-434,9 k €-341,6 k €-343,9 k €-346,3 k €-539,4 k €-236,4 k €
Balance sheet
Equity11,6 M €12,3 M €-1,8 M €-1,3 M €-977 k €-557,6 k €-122,7 k €218,9 k €562,8 k €909,1 k €1,4 M €
Total assets41,3 M €44,6 M €31,4 M €27 M €26 M €27,7 M €28,9 M €29,6 M €29,4 M €28,4 M €17,8 M €
Cash152,1 k €160,4 k €17,8 k €53 k €19 k €–4 k €0,2 €4,6 k €26,1 k €78,5 k €
Debts29,6 M €32,3 M €33 M €28,2 M €26,9 M €28,2 M €29 M €29,4 M €28,9 M €27,5 M €16,3 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

AXIAL INVEST

Managing director · since 05 janvier 2015 · until 07 juin 2027 · 0440.532.131

Represented by Hélène EVRARD

Active
Frédéric DAWANS

Managing director · since 26 novembre 2014 · until 07 juin 2027

Active

Ended mandates

AXIAL INVEST

Managing director · since 05 janvier 2015 · until 02 juin 2020 · 0440.532.131

Represented by Frédéric DAWANS

Ended
AXIAL INVEST

Managing director · since 05 janvier 2015 · until 09 juin 2020 · 0440.532.131

Represented by Frédéric DAWANS

Ended
AXIAL INVEST

Managing director · since 05 janvier 2015 · until 05 janvier 2021 · 0440.532.131

Represented by Frédéric DAWANS

Ended
AXIAL INVEST

Managing director · since 05 janvier 2015 · until 02 juin 2026 · 0440.532.131

Represented by Frédéric DAWANS

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date11/06/202630/06/202526/06/202428/06/202325/07/202218/06/2021
General meeting01/06/202602/06/202503/06/202405/06/202306/06/202201/06/2021
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
Abridged model31/12/202501/06/202611/06/2026FrenchPDF
Abridged model31/12/202402/06/202530/06/2025FrenchPDF
Abridged model31/12/202303/06/202426/06/2024FrenchPDF
Abridged model31/12/202205/06/202328/06/2023FrenchPDF
Abridged model31/12/202106/06/202225/07/2022FrenchPDF
Abridged model31/12/202001/06/202118/06/2021FrenchPDF
Abridged model31/12/201902/06/202029/06/2020FrenchPDF
Abridged model31/12/201804/06/201912/07/2019FrenchPDF
Micro model31/12/201705/06/201830/07/2018FrenchPDF
Abridged model31/12/201606/06/201711/08/2017FrenchPDF
Abridged model31/12/201507/06/201625/08/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 2 active · 12 ended

Active mandates

AXIAL INVEST

Managing director · since 05 janvier 2015 · until 07 juin 2027 · 0440.532.131

Represented by Hélène EVRARD

Active
Frédéric DAWANS

Managing director · since 26 novembre 2014 · until 07 juin 2027

Active

Ended mandates

AXIAL INVEST

Managing director · since 05 janvier 2015 · until 02 juin 2020 · 0440.532.131

Represented by Frédéric DAWANS

Ended
AXIAL INVEST

Managing director · since 05 janvier 2015 · until 09 juin 2020 · 0440.532.131

Represented by Frédéric DAWANS

Ended
AXIAL INVEST

Managing director · since 05 janvier 2015 · until 05 janvier 2021 · 0440.532.131

Represented by Frédéric DAWANS

Ended
AXIAL INVEST

Managing director · since 05 janvier 2015 · until 02 juin 2026 · 0440.532.131

Represented by Frédéric DAWANS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other15/04/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates12/11/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/08/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/03/2016
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates13/03/2015
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/01/2015
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other27/11/2014
    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

Timeline

  1. 2025
    Annual accounts 2025484,4 k €↑
  2. 2024
    Annual accounts 2024-492,2 k €↑
  3. 2023
    Annual accounts 2023-503,8 k €↓
  4. 2022
    Annual accounts 2022-280,6 k €↑
  5. 2021
    Annual accounts 2021-419,3 k €↑
  6. 2020
    Annual accounts 2020-434,9 k €↓
  7. 2019
    Annual accounts 2019-341,6 k €↑
  8. 2018
    Annual accounts 2018-343,9 k €↑
  9. 2017
    Annual accounts 2017-346,3 k €↑
  10. 2016
    Annual accounts 2016-539,4 k €↓
  11. 2015
    Annual accounts 2015-236,4 k €
  12. 12/11/2014
    IncorporationPublic limited company