ACTIVE

altaar

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Financial year 2025 · Closed on 31/12/2025

Net result484,4 k €+198,4 %over 1 year

Gross margin3,1 M €+59,9 %over 1 year

Equity11,6 M €-5,8 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 11 filings

Trend over 11 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,1 M €	+59.9%	1,9 M €	+21.6%	1,6 M €	+0.8%	1,6 M €	+12.9%	1,4 M €
EBITDA	3 M €	+67.9%	1,8 M €	+18.0%	1,5 M €	+0.7%	1,5 M €	+22.8%	1,2 M €
Operating result	1,1 M €	+395%	214,5 k €	+519%	-51,1 k €	-155%	92,2 k €	+153%	-174,9 k €
Net result	484,4 k €	+198%	-492,2 k €	+2.3%	-503,8 k €	-79.5%	-280,6 k €	+33.1%	-419,3 k €
Balance sheet
Equity	11,6 M €	-5.8%	12,3 M €	+801%	-1,8 M €	-40.1%	-1,3 M €	-28.7%	-977 k €
Total assets	41,3 M €	-7.6%	44,6 M €	+42.4%	31,4 M €	+16.0%	27 M €	+4.1%	26 M €
Cash	152,1 k €	-5.2%	160,4 k €	+799%	17,8 k €	-66.3%	53 k €	+179%	19 k €
Debts	29,6 M €	-8.3%	32,3 M €	-2.3%	33 M €	+17.0%	28,2 M €	+4.9%	26,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
AXIAL INVEST0440.532.131Represented by Frédéric DAWANS	Managing director05/01/2015 → 07/06/2027
Frédéric DAWANS	Managing director26/11/2014 → 07/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gaël CRUYSMANS	Managing director12/11/2014 → 26/01/2016
Sophie LE CLERCQ	Director12/11/2014 → 26/01/2016

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Rue de la Forge 10 1470 Genappe

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Full financial information

Source · NBB

	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	11/06/2026	30/06/2025	26/06/2024	28/06/2023	25/07/2022	18/06/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	06/06/2022	01/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	11/06/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	30/06/2025	French	PDF
Abridged model	31/12/2023	03/06/2024	26/06/2024	French	PDF
Abridged model	31/12/2022	05/06/2023	28/06/2023	French	PDF
Abridged model	31/12/2021	06/06/2022	25/07/2022	French	PDF
Abridged model	31/12/2020	01/06/2021	18/06/2021	French	PDF
Abridged model	31/12/2019	02/06/2020	29/06/2020	French	PDF
Abridged model	31/12/2018	04/06/2019	12/07/2019	French	PDF
Micro model	31/12/2017	05/06/2018	30/07/2018	French	PDF
Abridged model	31/12/2016	06/06/2017	11/08/2017	French	PDF
Abridged model	31/12/2015	07/06/2016	25/08/2016	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
AXIAL INVEST0440.532.131Represented by Frédéric DAWANS	Managing director05/01/2015 → 07/06/2027
Frédéric DAWANS	Managing director26/11/2014 → 07/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gaël CRUYSMANS	Managing director12/11/2014 → 26/01/2016
Sophie LE CLERCQ	Director12/11/2014 → 26/01/2016

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings11 filings

Mandates

AXIAL INVEST

Frédéric DAWANS

Sophie LE CLERCQ

Vincent BEHAGHEL de BUEREN

Gaël CRUYSMANS

20142015201620172018201920202021202220232024202520262027

altaar

Rue de la Forge 10, 1470 Genappe

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de la Forge 10, 1470 GenappeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00152093

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
altaarCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00152093

Events

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

altaar

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events