ACTIVE

ALTISAN

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Financial year 2025 · closed on 31/12/2025

Net result

34,8 k €

+19.9% YoY

Gross margin

47,9 k €

+3.2% YoY

Equity

50,1 k €

-67.4% YoY

What does ALTISAN do?

ALTISAN is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Saint-Georges-sur-Meuse.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0822.647.991

Incorporation

27/01/2010

Legal form

Private limited company

Registered office

Rue Potay 17
4470 Saint-Georges-sur-Meuse · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	47,9 k €	+3.2%	46,4 k €	+24.2%	37,4 k €	-21.6%	47,6 k €	-5.3%	50,3 k €	-19.7%	62,7 k €	+38.9%	45,1 k €	-4.2%	47,1 k €	+266%	12,9 k €	-63.0%	34,8 k €	-17.4%	42,2 k €	+30.3%	32,4 k €	-56.8%	74,9 k €	+125%	33,3 k €	+12.4%	29,6 k €	+20.0%	24,7 k €
EBITDA	45,6 k €	+6.6%	42,8 k €	+20.0%	35,7 k €	-22.6%	46,1 k €	-4.6%	48,3 k €	-20.3%	60,7 k €	+48.2%	40,9 k €	-13.1%	47,1 k €	+267%	12,8 k €	-63.2%	34,8 k €	-17.4%	42,2 k €	+30.3%	32,4 k €	-56.8%	74,9 k €	+125%	33,3 k €	+12.4%	29,6 k €	+20.0%	24,7 k €
Operating result	43,1 k €	+6.9%	40,3 k €	+20.0%	33,6 k €	-23.0%	43,7 k €	-5.7%	46,3 k €	-22.6%	59,8 k €	+47.5%	40,6 k €	-12.1%	46,1 k €	+316%	11,1 k €	-66.3%	32,9 k €	-18.1%	40,2 k €	+34.5%	29,9 k €	-59.4%	73,6 k €	+129%	32,1 k €	+12.9%	28,5 k €	+21.6%	23,4 k €
Net result	34,8 k €	+19.9%	29 k €	+18.3%	24,5 k €	-20.9%	31 k €	-8.5%	33,9 k €	-27.0%	46,4 k €	+63.3%	28,4 k €	-25.7%	38,2 k €	+275%	10,2 k €	-57.2%	23,9 k €	-22.3%	30,7 k €	+41.7%	21,7 k €	-58.7%	52,5 k €	+134%	22,4 k €	+11.4%	20,1 k €	+27.8%	15,7 k €
Balance sheet
Equity	50,1 k €	-67.4%	153,6 k €	+23.3%	124,6 k €	+24.5%	100,1 k €	-4.8%	105,1 k €	+47.5%	71,2 k €	+18.8%	59,9 k €	+6.0%	56,5 k €	+209%	18,3 k €	+126%	8,1 k €	-80.3%	41 k €	+298%	10,3 k €	-83.0%	60,6 k €	+646%	8,1 k €	-19.0%	10 k €	-54.2%	21,9 k €
Total assets	218,6 k €	+19.2%	183,4 k €	-6.5%	196,1 k €	+35.3%	144,9 k €	+7.2%	135,1 k €	-11.4%	152,6 k €	+21.4%	125,7 k €	+43.1%	87,9 k €	+106%	42,8 k €	-32.9%	63,7 k €	-3.6%	66,1 k €	-30.1%	94,6 k €	+4.5%	90,6 k €	+98.4%	45,7 k €	-30.4%	65,6 k €	+101%	32,7 k €
Cash	9,1 k €	-50.9%	18,5 k €	+145%	7,5 k €	-46.5%	14,1 k €	-13.8%	16,3 k €	+21.5%	13,4 k €	-58.1%	32,1 k €	+138%	13,5 k €	+89.3%	7,1 k €	-46.2%	13,3 k €	-10.9%	14,9 k €	-74.0%	57,2 k €	+432%	10,8 k €	-3.2%	11,1 k €	+1185%	865 €	+113%	406 €
Debts	167,7 k €	+503%	27,8 k €	-59.9%	69,4 k €	+62.3%	42,7 k €	+51.7%	28,2 k €	-64.6%	79,5 k €	+21.1%	65,6 k €	+110%	31,3 k €	+28.1%	24,5 k €	-56.0%	55,6 k €	+121%	25,1 k €	-70.2%	84,3 k €	+181%	30 k €	-20.2%	37,5 k €	-32.5%	55,6 k €	+416%	10,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

JACQUES PIRET

Director

Active

Ended mandates

Jacques PIRET

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	27/08/2026	29/09/2025	24/09/2024	19/10/2023	14/12/2022	31/08/2021
General meeting	24/08/2026	11/09/2025	16/09/2024	04/10/2023	12/10/2022	13/07/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	24/08/2026	27/08/2026	French	PDF
Micro model	31/12/2024	11/09/2025	29/09/2025	French	PDF
Micro model	31/12/2023	16/09/2024	24/09/2024	French	PDF
Micro model	31/12/2022	04/10/2023	19/10/2023	French	PDF
Micro model	31/12/2021	12/10/2022	14/12/2022	French	PDF
Micro model	31/12/2020	13/07/2021	31/08/2021	French	PDF
Micro model	31/12/2019	30/11/2020	30/11/2020	French	PDF
Micro model	31/12/2018	28/08/2019	30/08/2019	French	PDF
Micro model	31/12/2017	24/08/2018	31/08/2018	French	PDF
Micro model	31/12/2016	30/06/2017	11/07/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	30/08/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	30/08/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	31/08/2011	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active · 1 ended

Active mandates

JACQUES PIRET

Director

Active

Ended mandates

Jacques PIRET

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 202534,8 k €↑
2024
Annual accounts 202429 k €↑
2023
Annual accounts 202324,5 k €↓
2022
Annual accounts 202231 k €↓
2021
Annual accounts 202133,9 k €↓
2020
Annual accounts 202046,4 k €↑
2019
Annual accounts 201928,4 k €↓
2018
Annual accounts 201838,2 k €↑
2017
Annual accounts 201710,2 k €↓
2016
Annual accounts 201623,9 k €↓
2015
Annual accounts 201530,7 k €↑
2014
Annual accounts 201421,7 k €↓
2013
Annual accounts 201352,5 k €↑
2012
Annual accounts 201222,4 k €↑
2011
Annual accounts 201120,1 k €↑
2010
Annual accounts 201015,7 k €
27/01/2010
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ALTISAN

Overview

What does ALTISAN do?

Trend over 16 financial years

Indicative valuation

Board of directors

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