Alco Energy
0656.997.925 · rovalta.com · 25/09/2026
ACTIVE
Alco Energy
Financial year 2025 · Closed on 31/12/2025
Net result20,4 M €-48,0 %over 1 year
Revenue3,2 M €+63,4 %over 1 year
Equity290,4 M €+7,5 %over 1 year
Workforce4,7 ETP-4,1 %over 1 year
Overview
Identity
Source · BCE/KBOAlco Energy is a Public limited company incorporated in 2016. Its main activity is: Manufacture of other organic basic chemicals. Its registered office is in Watermael-Boitsfort. It employs on average 4,7 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0656.997.925
- Incorporation
- 27/06/2016
- Legal form
- Public limited company
- Registered office
- Boulevard du Souverain 100
1170 Watermael-Boitsfort · BruxellesSee on map - Contributed capital
- 175 000 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 4,7 ETP
Activities (NACE)
Joint committees (1)
- 207
Signals
ProfitableSolid equityLow riskPositive cashflowHigh revenue
Financials
Source · NBB, 10 filingsTrend over 9 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 3,2 M € | +63.4% | 1,9 M € | +88.0% | 1 M € | – | – | ||
| EBITDA | -456 k € | +77.7% | -2 M € | -3535% | 59,5 k € | +596% | -12 k € | -33.5% | -9 k € |
| Operating result | -491,1 k € | +76.3% | -2,1 M € | -3581% | 59,5 k € | +596% | -12 k € | -33.5% | -9 k € |
| Net result | 20,4 M € | -48.0% | 39,2 M € | +25.2% | 31,3 M € | -68.7% | 100 M € | +13760% | -731,8 k € |
| Balance sheet | |||||||||
| Equity | 290,4 M € | +7.5% | 270,1 M € | +226% | 82,9 M € | +24.4% | 66,7 M € | +299% | 16,7 M € |
| Total assets | 522,7 M € | +23.7% | 422,5 M € | +406% | 83,5 M € | +25.2% | 66,7 M € | +72.3% | 38,7 M € |
| Cash | 45,9 M € | +7152% | 633,5 k € | +16.4% | 544,4 k € | -97.4% | 20,6 M € | -12.6% | 23,6 M € |
| Debts | 231,3 M € | +52.1% | 152,1 M € | +27172% | 557,7 k € | +6540% | 8,4 k € | -100.0% | 22 M € |
| Other | |||||||||
| Workforce | 4,7 ETP | -4.1% | 4,9 ETP | 0.0% | 4,9 ETP | – | – | ||
Valuation
Indicative valuation
As an indication, this company is worth
between 250 M€ and 500 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202510 active · 18 ended
Active mandates
Bernard Meeus
ActiveBruno Carels
ActiveMaria Giovanna Gulino
ActiveThomas Vanden Avenne
ActiveYvon André
ActiveActive
Charles-Albert Peers de Nieuwburgh
ActiveKarel Vandermeersch
ActiveThomas Viatour
ActiveXavier Van Den Avenne
ActiveEnded mandates
Michel Meeus
EndedKarel Vandermeersch
EndedBartholomeus Vervenne
EndedBartholomeus Vervenne
EndedOther companies at this address
Boulevard du Souverain 100 1170 Watermael-Boitsfort| Company | CBE no. |
|---|---|
ADD INVEST● Active | 0470.797.814 |
ADEK INTERNATIONAL● Active | 0873.895.269 |
ALCO AFRICA HOLDING● Active | 0720.839.266 |
ALCODIS● Active | 0438.048.535 |
ALCOGROUP● Active | 0890.622.821 |
ALCOGROUP HOLDING● Active | 0463.522.913 |
Alcogroup Pillar two● Active | 1011.604.486 |
ALCOINVEST● Active | 0540.983.153 |
Alcotra Europe● Active | 0757.790.130 |
Alcotra Holding● Active | 0422.516.360 |
Arts 44● Active | 0634.735.534 |
Avens Legal Avocats - Advocaten● Active | 0851.079.087 |
Centre de trésorerie MKDC● Active | 0720.754.738 |
CITIZEN GUARD● Bankrupt | 0472.649.326 |
CITIZEN SERVICES● Bankrupt | 0876.552.376 |
COFACE BELGIUM SERVICES● Active | 0451.002.884 |
COMPANY ASSESSMENT WORLDWIDE● Active | 0878.072.704 |
DRILLING EUROPE● Active | 0461.829.668 |
DUOCAPITAL● Bankrupt | 0888.849.404 |
EDELAW● Active | 1011.294.482 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 20/05/2026 | 15/05/2025 | 21/06/2024 | 12/05/2023 | 12/05/2022 | 20/05/2021 |
| General meeting | 09/04/2026 | 10/04/2025 | 11/04/2024 | 13/04/2023 | 14/04/2022 | 08/04/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 10 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 09/04/2026 | 20/05/2026 | French | |
| Full model | 31/12/2024 | 10/04/2025 | 15/05/2025 | French | |
| Full modelCorrection | 31/12/2023 | 11/04/2024 | 21/06/2024 | French | |
| Full model | 31/12/2023 | 11/04/2024 | 14/05/2024 | French | |
| Full model | 31/12/2022 | 13/04/2023 | 12/05/2023 | French | |
| Full model | 31/12/2021 | 14/04/2022 | 12/05/2022 | French | |
| Full model | 31/12/2020 | 08/04/2021 | 20/05/2021 | French | |
| Full model | 31/12/2019 | 09/04/2020 | 17/05/2020 | French | |
| Full model | 31/12/2018 | 11/04/2019 | 16/05/2019 | French | |
| Full model | 31/12/2017 | 12/04/2018 | 16/05/2018 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 M€ and 500 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
Board of directors
Source · NBB, accounts to 31/12/202510 active · 18 ended
Active mandates
Bernard Meeus
ActiveBruno Carels
ActiveMaria Giovanna Gulino
ActiveThomas Vanden Avenne
ActiveYvon André
ActiveActive
Charles-Albert Peers de Nieuwburgh
ActiveKarel Vandermeersch
ActiveThomas Viatour
ActiveXavier Van Den Avenne
ActiveEnded mandates
Michel Meeus
EndedKarel Vandermeersch
EndedBartholomeus Vervenne
EndedBartholomeus Vervenne
EndedOwnership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Other21/10/2025STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates18/06/2025DEMISSIONS, NOMINATIONS
- Mandates11/06/2025DEMISSIONS, NOMINATIONS
- Capital / shares31/12/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates22/11/2024DEMISSIONS, NOMINATIONS
- Mandates26/09/2024DEMISSIONS, NOMINATIONS - DIVERS
- Other23/07/2024STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates08/11/2023DEMISSIONS, NOMINATIONS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202520,4 M €↓
- 15/04/2025nominationJulien François — Commissaire
- 31/12/2024augmentation_capital
- 2024Annual accounts 202439,2 M €↑
- 17/12/2024split
- 14/10/2024nominationMaria Giovanna Gulino — administrateur
- 14/10/2024nominationBernard Meeus — administrateur
- 14/10/2024nominationYvon André — administrateur
- 14/10/2024nominationBruno Carels — administrateur
- 14/10/2024nominationThomas Vanden Avenne — administrateur
- 2023Annual accounts 202331,3 M €↓
- 20/09/2023nominationMichel Bouton — détenteur de la signature sociale et bancaire
- 20/09/2023nominationBenoit Verbruggen — détenteur de la signature sociale
- 20/09/2023nominationEléonore Waterkeyn — détenteur de la signature sociale
- 20/09/2023nominationAlain Steels — détenteur de la signature sociale et bancaire
- 20/09/2023nominationBart Vervenne — détenteur de la signature sociale
- 20/09/2023nominationKatty Benselin — détenteur de la signature sociale et bancaire
- 20/09/2023nominationGaëlle Van — détenteur de la signature sociale
- 20/09/2023nominationThomas Viatour — détenteur de la signature bancaire
- 20/09/2023nominationNathan Sharp — détenteur de la signature bancaire
- 20/09/2023nominationBérénice de Meurichy — détenteur de la signature bancaire
- 01/01/2023nominationOlvaro SRL — administrateur
- 01/01/2023nominationOlvaro SRL — Administrateur-délégué
- 2022Annual accounts 2022100 M €↑
- 14/04/2022reconductionCharles-Albert Peers — administrateur
- 14/04/2022reconductionMichel Meeus — administrateur
- 14/04/2022reconductionThomas Viatour — administrateur
- 14/04/2022reconductionXavier Van den Avenne — administrateur
- 14/04/2022reconductionKarel Vandermeersch — administrateur
- 2021Annual accounts 2021-731,8 k €↓
- 2020Annual accounts 202049,3 M €↑
- 2019Annual accounts 201975 k €↑
- 2018Annual accounts 20186,4 k €↑
- 2017Annual accounts 2017-2,1 k €
- 27/06/2016IncorporationPublic limited company