ACTIVE

ALV

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Financial year 2025 · closed on 30/09/2025

Net result

231,9 k €

+250.1% YoY

Gross margin

1,5 M €

+61.4% YoY

Equity

378,8 k €

-31.2% YoY

Workforce

11,9 ETP

+9.2% YoY

What does ALV do?

ALV is a Private limited company incorporated in 2010. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Brugge. It employs on average 11,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0824.539.491

Incorporation

29/03/2010

Legal form

Private limited company

Registered office

Gotevlietstraat 42
8000 Brugge · FlandreSee on map

Contributed capital

70 000,00 €

Latest accounts

30/09/2025

Average workforce

11,9 ETP

Activities (NACE)

43240Electrical, plumbing and other construction installation activities· main 38222Treatment and disposal of hazardous waste 38320Recovery of sorted materials 43120Site preparation 43120Site preparation 71209Technical testing and analysis+3

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	1,5 M €	+61.4%	900,3 k €	-10.9%	1 M €	+17.7%	858 k €	-11.9%	973,4 k €	+37.7%	706,9 k €	+36.5%	517,8 k €	+149%	207,6 k €	+44.8%	143,4 k €	+12.7%	127,2 k €	-25.7%	171,2 k €	+17.5%	145,7 k €	-3.9%	151,7 k €	-4.4%	158,7 k €
EBITDA	558,2 k €	+438%	103,8 k €	-64.2%	289,7 k €	+3.5%	279,9 k €	-31.6%	409,1 k €	+40.5%	291,1 k €	+114%	135,9 k €	+92.7%	70,5 k €	+21.0%	58,3 k €	+31.2%	44,4 k €	-12.7%	50,9 k €	-7.1%	54,8 k €	-34.8%	84 k €	+104%	41,2 k €
Operating result	327,8 k €	+404%	-107,9 k €	-238%	78 k €	+21.9%	63,9 k €	-76.9%	276,5 k €	+49.6%	184,8 k €	+428%	35 k €	+593%	5,1 k €	-52.8%	10,7 k €	+46.0%	7,3 k €	-42.1%	12,6 k €	-42.1%	21,8 k €	-54.2%	47,7 k €	+604%	-9,5 k €
Net result	231,9 k €	+250%	-154,5 k €	-604%	30,6 k €	-26.9%	41,9 k €	-79.0%	199,6 k €	+35.6%	147,2 k €	+708%	18,2 k €	+3164%	-594,7 €	-116%	3,8 k €	+199%	1,3 k €	-64.0%	3,5 k €	-74.2%	13,6 k €	-64.9%	38,7 k €	+267%	-23,2 k €
Balance sheet
Equity	378,8 k €	-31.2%	550,6 k €	-21.9%	705,1 k €	-3.7%	732,2 k €	+6.1%	690,3 k €	+40.7%	490,7 k €	+42.9%	343,4 k €	+413%	67 k €	-0.9%	67,6 k €	+5.9%	63,8 k €	+2.0%	62,6 k €	+4.2%	60,1 k €	+6.3%	56,5 k €	+111%	26,8 k €
Total assets	2,1 M €	+2.5%	2,1 M €	-5.3%	2,2 M €	+49.9%	1,5 M €	-5.2%	1,6 M €	+57.6%	984,2 k €	+23.2%	798,8 k €	+101%	396,9 k €	+35.4%	293,2 k €	+27.9%	229,3 k €	-3.5%	237,6 k €	-9.1%	261,4 k €	-10.5%	292 k €	+6.2%	275 k €
Cash	380,1 k €	+575%	56,3 k €	-49.3%	111,1 k €	-59.2%	272,6 k €	-43.6%	483 k €	+317%	115,9 k €	-36.4%	182,4 k €	+220%	57 k €	+49.9%	38 k €	+164%	14,4 k €	+5.8%	13,6 k €	-39.0%	22,4 k €	-56.1%	51 k €	+639%	6,9 k €
Debts	1,8 M €	+14.6%	1,5 M €	+2.4%	1,5 M €	+103%	736,2 k €	-14.4%	859,9 k €	+75.2%	490,7 k €	+10.1%	445,8 k €	+35.1%	329,9 k €	+46.2%	225,7 k €	+36.4%	165,5 k €	-5.5%	175 k €	-13.1%	201,3 k €	-14.3%	235 k €	-5.3%	248,2 k €
Other
Workforce	11,9 ETP	+9.2%	10,9 ETP	+12.4%	9,7 ETP	+7.8%	9,0 ETP	+2.3%	8,8 ETP	+31.3%	6,7 ETP	+9.8%	6,1 ETP	+118%	2,8 ETP	+75.0%	1,6 ETP	-11.1%	1,8 ETP	-33.3%	2,7 ETP	-6.9%	2,9 ETP	+45.0%	2,0 ETP	-13.0%	2,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 4 ended

Active mandates

Johnny Fonteyne

Director

Active

Sabine Bruyneel

Director

Active

Ended mandates

Johnny Fonteyne

Manager · since 19 mars 2010

Ended

Sabine Bruyneel

Manager · since 19 mars 2010

Ended

Johnny Fonteyne

Manager

Ended

Sabine Bruyneel

Manager

Ended

Annual accounts

Full financial information

	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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/04/2026	24/04/2025	29/03/2024	26/04/2023	29/04/2022	01/04/2021
General meeting	20/03/2026	21/03/2025	15/03/2024	17/03/2023	18/03/2022	19/03/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	20/03/2026	17/04/2026	Dutch	PDF
Abridged model	30/09/2024	21/03/2025	24/04/2025	Dutch	PDF
Abridged model	30/09/2023	15/03/2024	29/03/2024	Dutch	PDF
Abridged model	30/09/2022	17/03/2023	26/04/2023	Dutch	PDF
Abridged model	30/09/2021	18/03/2022	29/04/2022	Dutch	PDF
Abridged model	30/09/2020	19/03/2021	01/04/2021	Dutch	PDF
Abridged model	30/09/2019	20/03/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	15/03/2019	05/04/2019	Dutch	PDF
Abridged model	30/09/2017	16/03/2018	23/03/2018	Dutch	PDF
Abridged model	30/09/2016	17/03/2017	07/04/2017	Dutch	PDF
Abridged model	30/09/2015	18/03/2016	01/04/2016	Dutch	PDF
Abridged model	30/09/2014	20/03/2015	31/03/2015	Dutch	PDF
Abridged model	30/09/2013	21/03/2014	28/04/2014	Dutch	PDF
Abridged model	30/09/2012	15/03/2013	26/04/2013	Dutch	PDF
Abridged model	30/09/2011	17/03/2012	30/03/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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 30/09/2025 · 2 active · 4 ended

Active mandates

Johnny Fonteyne

Director

Active

Sabine Bruyneel

Director

Active

Ended mandates

Johnny Fonteyne

Manager · since 19 mars 2010

Ended

Sabine Bruyneel

Manager · since 19 mars 2010

Ended

Johnny Fonteyne

Manager

Ended

Sabine Bruyneel

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/08/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring30/05/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/02/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other13/04/2010
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025231,9 k €↑
2024
Annual accounts 2024-154,5 k €↓
2023
Annual accounts 202330,6 k €↓
2022
Annual accounts 202241,9 k €↓
2021
Annual accounts 2021199,6 k €↑
2020
Annual accounts 2020147,2 k €↑
2019
Annual accounts 201918,2 k €↑
2017
Annual accounts 2017-594,7 €↓
2016
Annual accounts 20163,8 k €↑
2015
Annual accounts 20151,3 k €↓
2014
Annual accounts 20143,5 k €↓
2013
Annual accounts 201313,6 k €↓
2012
Annual accounts 201238,7 k €↑
2011
Annual accounts 2011-23,2 k €
29/03/2010
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

ALV

Overview

What does ALV do?

Trend over 14 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