ACTIVE

ALTER ENERGIES

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Financial year 2025 · Closed on 31/12/2025

Net result16,9 k €-24,3 %over 1 year

Gross margin424,7 k €+4,6 %over 1 year

Equity272,3 k €+5,8 %over 1 year

Workforce7,9 ETP+9,7 %over 1 year

Identity

Source · BCE/KBO

ALTER ENERGIES is a Private limited company incorporated in 2010. Its main activity is: Electrical installation. Its registered office is in Etalle. It employs on average 7,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0826.092.580
Incorporation: 21/05/2010
Legal form: Private limited company
Registered office: Rue des Gamelles,Vance 5
6741 Etalle · WallonieSee on map
Latest accounts: 31/12/2025
Average workforce: 7,9 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 43230Electrical, plumbing and other construction installation activities 43240Electrical, plumbing and other construction installation activities+2

Joint committees (3)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 16 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	424,7 k €	+4.6%	406,1 k €	-16.2%	484,8 k €	+41.2%	343,4 k €	+37.4%	249,9 k €
EBITDA	54,7 k €	-21.0%	69,3 k €	-62.6%	185 k €	+124%	82,5 k €	+171%	30,5 k €
Operating result	12,4 k €	-59.4%	30,5 k €	-72.3%	110,3 k €	+479%	19,1 k €	+144%	-43,3 k €
Net result	16,9 k €	-24.3%	22,3 k €	-70.2%	74,8 k €	+456%	13,5 k €	+137%	-36,4 k €
Balance sheet
Equity	272,3 k €	+5.8%	257,4 k €	+8.6%	237,1 k €	+17.2%	202,3 k €	+6.0%	190,9 k €
Total assets	722,7 k €	+1.7%	710,7 k €	-10.9%	798 k €	+38.4%	576,4 k €	-12.4%	657,7 k €
Cash	101,4 k €	+51.3%	67 k €	-74.8%	266 k €	+450%	48,3 k €		–
Debts	450,4 k €	-0.6%	453,3 k €	-16.4%	542,3 k €	+45.0%	374,1 k €	-19.9%	466,9 k €
Other
Workforce	7,9 ETP	+9.7%	7,2 ETP	+9.1%	6,6 ETP	0.0%	6,6 ETP	0.0%	6,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period
Michael ERPELDING	Managersince 01/04/2010Director2024 accountsendedManaging director2019 accountsended

Ended mandates

Director	Mandates in this company	Period
AMANDINE LEQUEUX	Managing director2010 accounts
MICKAEL ERPELDING	Manager2010 accounts

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	03/11/2026	30/09/2025	12/12/2024	31/08/2023	24/10/2022	13/12/2021
General meeting	01/06/2026	02/06/2025	03/12/2024	05/06/2023	13/10/2022	07/06/2021
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, 16 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	03/11/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	30/09/2025	French	PDF
Abridged model	31/12/2023	03/12/2024	12/12/2024	French	PDF
Abridged model	31/12/2022	05/06/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	13/10/2022	24/10/2022	French	PDF
Abridged model	31/12/2020	07/06/2021	13/12/2021	French	PDF
Abridged model	31/12/2019	14/12/2020	21/12/2020	French	PDF
Micro model	31/12/2018	11/10/2019	05/12/2019	French	PDF
Micro model	31/12/2017	04/06/2018	30/08/2018	French	PDF
Micro model	31/12/2016	06/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	26/08/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	09/08/2011	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period
Michael ERPELDING	Managersince 01/04/2010Director2024 accountsendedManaging director2019 accountsended

Ended mandates

Director	Mandates in this company	Period
AMANDINE LEQUEUX	Managing director2010 accounts
MICKAEL ERPELDING	Manager2010 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Capital / shares13/01/2014
CAPITAL, ACTIONS
PDF
Other03/06/2010
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

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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

Filings16 filings

Mandates

Michael ERPELDING

AMANDINE LEQUEUX

MICKAEL ERPELDING

20102011201220132014201520162017201820192020202120222023202420252026

ALTER ENERGIES

Rue des Gamelles,Vance 5, 6741 Vance

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue des Gamelles,Vance 5, 6741 VanceCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00601897

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ALTER ENERGIESCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00601897

Events

2025
Annual accounts 202516,9 k €↓
2024
Annual accounts 202422,3 k €↓
2023
Annual accounts 202374,8 k €↑
2022
Annual accounts 202213,5 k €↑
2021
Annual accounts 2021-36,4 k €↓
2020
Annual accounts 2020-5,1 k €↓
2019
Annual accounts 201920,9 k €↓
2018
Annual accounts 201830 k €↑
2017
Annual accounts 2017245 €↓
2016
Annual accounts 20162 k €↓
2015
Annual accounts 20152,5 k €↑
2014
Annual accounts 2014-143 €↓
2013
Annual accounts 201347,3 k €↓
2012
Annual accounts 201268,1 k €↑
2011
Annual accounts 201135,3 k €↑
2010
Annual accounts 201018,8 k €
21/05/2010
IncorporationPrivate limited company

ALTER ENERGIES

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events