ACTIVE

ALTERNATIVE

Financial year 2025 · closed on 31/05/2025
Net result
9 k €
-93.9% YoY
Gross margin
59,5 k €
-78.0% YoY
Equity
519,2 k €
+1.8% YoY

What does ALTERNATIVE do?

ALTERNATIVE is a Private limited company incorporated in 2018. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Watermael-Boitsfort.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0687.841.252
Incorporation
11/01/2018
Legal form
Private limited company
Registered office
Avenue Emile Van Becelaere 26 box 11
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/05/2025
Joint committees (1)
  • 323
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin59,5 k €269,9 k €271,7 k €281 k €56,5 k €94,9 k €63,3 k €
EBITDA26,1 k €233,4 k €235,8 k €245,9 k €19,2 k €75,7 k €37,6 k €
Operating result20,8 k €226,8 k €229 k €239,2 k €13,7 k €70,2 k €37,3 k €
Net result9 k €148 k €143,6 k €151 k €2 k €47,2 k €18,6 k €
Balance sheet
Equity519,2 k €510,2 k €362,2 k €224,6 k €73,6 k €71,7 k €36,4 k €
Total assets668,3 k €679,2 k €729,6 k €908,1 k €797,4 k €549,9 k €265,5 k €
Cash145,1 k €491,8 k €334,5 k €297,2 k €106,2 k €104,3 k €56,8 k €
Debts138,6 k €162,7 k €359 k €681 k €721,3 k €476,4 k €226 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/05/2025 · 1 active · 1 ended

Active mandates

France de Saint-Georges

Director

Active

Ended mandates

France de Saint-Georges

Manager

Ended
At this address

Other companies at this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/06/202401/06/202301/06/202201/06/202101/06/202001/06/2019
Closing of the financial year31/05/202531/05/202431/05/202331/05/202231/05/202131/05/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/12/202531/12/202403/01/202428/12/202231/12/202124/12/2020
General meeting05/12/202506/12/202415/12/202316/12/202210/12/202120/11/2020
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/05/202505/12/202524/12/2025FrenchPDF
Micro model31/05/202406/12/202431/12/2024FrenchPDF
Micro model31/05/202315/12/202303/01/2024FrenchPDF
Micro model31/05/202216/12/202228/12/2022FrenchPDF
Micro model31/05/202110/12/202131/12/2021FrenchPDF
Micro model31/05/202020/11/202024/12/2020FrenchPDF
Micro model31/05/201915/11/201914/01/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/05/2025 · 1 active · 1 ended

Active mandates

France de Saint-Georges

Director

Active

Ended mandates

France de Saint-Georges

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/08/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other15/01/2018
    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 20259 k €
  2. 2024
    Annual accounts 2024148 k €
  3. 2023
    Annual accounts 2023143,6 k €
  4. 2022
    Annual accounts 2022151 k €
  5. 2021
    Annual accounts 20212 k €
  6. 2020
    Annual accounts 202047,2 k €
  7. 2019
    Annual accounts 201918,6 k €
  8. 11/01/2018
    IncorporationPrivate limited company