ACTIVE

Altun Logistics

Financial year 2025 · closed on 31/12/2025
Net result
2,9 M €
+283.8% YoY
Gross margin
3,1 M €
+9.3% YoY
Equity
11,6 M €
+33.4% YoY
Workforce
9,5 ETP
-21.5% YoY

What does Altun Logistics do?

Altun Logistics is a Public limited company incorporated in 2010. Its main activity is: Sea and coastal freight water transport. Its registered office is in Antwerpen. It employs on average 9,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0830.739.969
Incorporation
25/10/2010
Legal form
Public limited company
Registered office
Paul Smekensplein 4 box 301
2000 Antwerpen · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
9,5 ETP
Joint committees (1)
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin3,1 M €2,8 M €5,1 M €7,5 M €7 M €6,5 M €4,3 M €5,1 M €5,5 M €5,5 M €5,2 M €3,5 M €2,7 M €3,9 M €
EBITDA1,4 M €936,8 k €2,3 M €2,7 M €1,7 M €1,7 M €1,3 M €2,2 M €3,1 M €2,5 M €2,6 M €2,1 M €1,5 M €2,8 M €
Operating result1,3 M €852,1 k €2,2 M €2,6 M €1,6 M €1,6 M €1,2 M €2 M €2,9 M €2,4 M €2,6 M €2 M €1,5 M €2,8 M €
Net result2,9 M €754,3 k €1,7 M €1,8 M €1,2 M €1,2 M €821,4 k €1,4 M €1,9 M €1,6 M €1,7 M €1,2 M €969,4 k €2 M €
Balance sheet
Equity11,6 M €8,7 M €11,7 M €10 M €8,3 M €7,1 M €7,1 M €6,3 M €4,9 M €5,1 M €3,5 M €1,8 M €1,6 M €582,1 k €
Total assets13,1 M €10,4 M €14 M €14,8 M €12,8 M €11,9 M €11,1 M €9,4 M €10,4 M €6,7 M €5,2 M €4,7 M €4 M €3,7 M €
Cash1,7 M €1 M €2,2 M €3 M €4,8 M €4,1 M €3,7 M €3 M €4,2 M €1,5 M €1,1 M €1,7 M €1,1 M €1,8 M €
Debts1,5 M €1,7 M €2,3 M €4,8 M €4,5 M €4,8 M €4 M €3,1 M €5,5 M €1,6 M €1,7 M €2,9 M €2,5 M €3,1 M €
Other
Workforce9,5 ETP12,1 ETP12,7 ETP13,4 ETP9,9 ETP7,9 ETP7,7 ETP8,6 ETP7,3 ETP6,8 ETP6,7 ETP6,5 ETP5,8 ETP5,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

HUSKAY

Director · 0865.249.403

Represented by HUSEYIN ALTUN

Active

Ended mandates

HULYA YILMAZ

Director · until 30 juin 2022

Ended
Hülya Yilmaz

Director

Ended
Huseyin Altun

Manager

Ended
HUSEYIN ALTUN

Director

Ended
At this address

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0778.334.928
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1025.994.635
0859.967.059
0563.908.708
1024.484.306
0772.675.769
0673.600.464
0772.676.165
VLS ANTWERPActive
0418.954.876
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/07/202622/08/202529/08/202428/08/202326/08/202226/08/2021
General meeting26/06/202627/06/202528/06/202423/06/202324/06/202225/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202624/07/2026DutchPDF
Abridged model31/12/202427/06/202522/08/2025DutchPDF
Abridged model31/12/202328/06/202429/08/2024DutchPDF
Abridged model31/12/202223/06/202328/08/2023DutchPDF
Abridged model31/12/202124/06/202226/08/2022DutchPDF
Abridged model31/12/202025/06/202126/08/2021DutchPDF
Abridged model31/12/201930/06/202027/08/2020DutchPDF
Abridged model31/12/201828/06/201930/08/2019DutchPDF
Abridged model31/12/201722/06/201817/08/2018DutchPDF
Abridged model30/09/201624/03/201726/04/2017DutchPDF
Abridged model30/09/201525/03/201630/03/2016DutchPDF
Abridged model30/09/201427/03/201517/04/2015DutchPDF
Abridged model30/09/201331/03/201430/04/2014DutchPDF
Abridged model30/09/201212/04/201326/04/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2025 · 1 active · 6 ended

Active mandates

HUSKAY

Director · 0865.249.403

Represented by HUSEYIN ALTUN

Active

Ended mandates

HULYA YILMAZ

Director · until 30 juin 2022

Ended
Hülya Yilmaz

Director

Ended
Huseyin Altun

Manager

Ended
HUSEYIN ALTUN

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/04/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other19/10/2017
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates11/12/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/11/2010
    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

Timeline

  1. 2025
    Annual accounts 20252,9 M €
  2. 2024
    Annual accounts 2024754,3 k €
  3. 2023
    Annual accounts 20231,7 M €
  4. 2022
    Annual accounts 20221,8 M €
  5. 2021
    Annual accounts 20211,2 M €
  6. 2020
    Annual accounts 20201,2 M €
  7. 2019
    Annual accounts 2019821,4 k €
  8. 2018
    Annual accounts 20181,4 M €
  9. 2017
    Annual accounts 20171,9 M €
  10. 2016
    Annual accounts 20161,6 M €
  11. 2015
    Annual accounts 20151,7 M €
  12. 2014
    Annual accounts 20141,2 M €
  13. 2013
    Annual accounts 2013969,4 k €
  14. 2012
    Annual accounts 20122 M €
  15. 25/10/2010
    IncorporationPublic limited company