ACTIVE

Alfa Technical Services

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Financial year 2025 · closed on 30/09/2025
Net result
50,7 k €
+10.2% YoY
Revenue
1,9 M €
-15.1% YoY
Equity
313 k €
+19.3% YoY
Workforce
11,8 ETP
0.0% YoY

What does Alfa Technical Services do?

Alfa Technical Services is a Public limited company incorporated in 2012. Its main activity is: Electrical installation. Its registered office is in Lokeren. It employs on average 11,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0847.511.071
Incorporation
19/07/2012
Legal form
Public limited company
Registered office
Spieveldstraat 51
9160 Lokeren · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/09/2025
Average workforce
11,8 ETP
Activities (NACE)
43211Electrical installation· main43211Electrical installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation+2
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Revenue1,9 M €2,2 M €2 M €1,3 M €1,1 M €972,9 k €1,3 M €832,6 k €632,5 k €448,8 k €248 k €194,9 k €99,2 k €
EBITDA87,7 k €92,8 k €73,4 k €52,1 k €81,7 k €19,3 k €18,8 k €30,2 k €41,9 k €22 k €12,2 k €11,5 k €5,4 k €
Operating result82,6 k €85,1 k €68,4 k €34,8 k €71 k €6,3 k €1,3 k €13,9 k €25,3 k €11,3 k €5 k €7 k €4,7 k €
Net result50,7 k €46 k €44,9 k €20,9 k €52 k €-2 k €-325,3 €7 k €15,3 k €5,5 k €2,7 k €4,3 k €3,9 k €
Balance sheet
Equity313 k €262,4 k €216,4 k €171,5 k €150,6 k €98,6 k €100,5 k €100,9 k €93,8 k €78,5 k €73 k €70,3 k €65,9 k €
Total assets719,8 k €647,7 k €690,4 k €454,1 k €311,7 k €241,9 k €455,4 k €335,5 k €237,3 k €247,4 k €139,6 k €115,8 k €121,2 k €
Cash112 k €62,6 k €24,5 k €13 k €62,1 k €52,5 k €29,8 k €61,2 k €20,6 k €114,9 k €17,6 k €14,4 k €94,5 k €
Debts390,9 k €384,8 k €474 k €282,2 k €161,1 k €143,3 k €354,8 k €234,7 k €143,5 k €168,9 k €66,6 k €45,5 k €55,2 k €
Other
Workforce11,8 ETP11,8 ETP9,6 ETP6,9 ETP7,5 ETP8,0 ETP8,9 ETP5,1 ETP4,2 ETP4,3 ETP2,2 ETP1,4 ETP0,5 ETP
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 30/09/2025 · 6 active · 23 ended

Active mandates

ALLBA CONSULT

Director · since 06 octobre 2025 · until 29 février 2028 · 1002.188.756

Represented by Bart Allaert

Active
ELBOTECH

Director · since 06 mai 2025 · until 29 février 2028 · 0882.983.080

Represented by Nancy Vervoort

Active
GROEP VAN ROEY

Director · since 06 mai 2025 · until 29 février 2028 · 0422.924.651

Represented by Eddy Cox

Active
Mercurius Value Creation

Director · since 20 octobre 2021 · until 20 octobre 2027 · 0598.901.853

Represented by Geert Verachtert

Active
MUDE ENGINEERING

Managing director · since 07 mai 2019 · until 29 février 2028 · 0713.527.941

Represented by Marc Debou

Active
STI

Managing director · since 07 mai 2019 · until 29 février 2028 · 0714.929.590

Represented by Philippe Spruyt

Active

Ended mandates

Eddy Cox

Director · since 20 octobre 2021 · until 19 octobre 2027

Ended
Eddy Cox

Director · since 20 octobre 2021 · until 20 octobre 2027

Ended
Mercurius Value Creation

Director · since 20 octobre 2021 · until 19 octobre 2027 · 0598.901.853

Represented by Geert Verachtert

Ended
Nancy Vervoort

Director · since 20 octobre 2021 · until 19 octobre 2027

Ended
At this address

Other companies at this address

CompanyCBE no.
ALFA COOLING TECHNICS● Active
0893.949.723
ALFA GROUP● Active
0820.417.783
ALFA INVESTMENTS● Active
0893.962.094
Alfa Technical Installations● Active
0442.538.645
DELTA TECHNICAL ENGINEERING● Active
0870.180.961
THV ALFA TI – VMA● Active
0732.606.950
THV ALFA TI - VMA II● Active
0747.724.203
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year30/09/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year9 months12 months12 months12 months12 months12 months
Filing date20/03/202605/06/202510/07/202430/05/202313/05/202211/05/2021
General meeting24/02/202606/05/202507/05/202423/05/202303/05/202204/05/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202524/02/202620/03/2026DutchPDF
Full model31/12/202406/05/202505/06/2025DutchPDF
Full model31/12/202307/05/202410/07/2024DutchPDF
Full model31/12/202223/05/202330/05/2023DutchPDF
Full model31/12/202103/05/202213/05/2022DutchPDF
Full model31/12/202004/05/202111/05/2021DutchPDF
Full model31/12/201905/05/202005/06/2020DutchPDF
Full model31/12/201807/05/201910/05/2019DutchPDF
Full model31/12/201702/05/201815/05/2018DutchPDF
Full model31/12/201602/05/201706/06/2017DutchPDF
Full model31/12/201503/05/201610/05/2016DutchPDF
Full model31/12/201405/05/201505/06/2015DutchPDF
Full model31/12/201306/05/201404/06/2014DutchPDF
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 30/09/2025 · 6 active · 23 ended

Active mandates

ALLBA CONSULT

Director · since 06 octobre 2025 · until 29 février 2028 · 1002.188.756

Represented by Bart Allaert

Active
ELBOTECH

Director · since 06 mai 2025 · until 29 février 2028 · 0882.983.080

Represented by Nancy Vervoort

Active
GROEP VAN ROEY

Director · since 06 mai 2025 · until 29 février 2028 · 0422.924.651

Represented by Eddy Cox

Active
Mercurius Value Creation

Director · since 20 octobre 2021 · until 20 octobre 2027 · 0598.901.853

Represented by Geert Verachtert

Active
MUDE ENGINEERING

Managing director · since 07 mai 2019 · until 29 février 2028 · 0713.527.941

Represented by Marc Debou

Active
STI

Managing director · since 07 mai 2019 · until 29 février 2028 · 0714.929.590

Represented by Philippe Spruyt

Active

Ended mandates

Eddy Cox

Director · since 20 octobre 2021 · until 19 octobre 2027

Ended
Eddy Cox

Director · since 20 octobre 2021 · until 20 octobre 2027

Ended
Mercurius Value Creation

Director · since 20 octobre 2021 · until 19 octobre 2027 · 0598.901.853

Represented by Geert Verachtert

Ended
Nancy Vervoort

Director · since 20 octobre 2021 · until 19 octobre 2027

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates18/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/11/2021
    ONTSLAGEN - BENOEMINGEN
    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 202550,7 k €↑
  2. 2024
    Annual accounts 202446 k €↑
  3. 2023
    Annual accounts 202344,9 k €↑
  4. 2022
    Annual accounts 202220,9 k €↓
  5. 2021
    Annual accounts 202152 k €↑
  6. 2020
    Annual accounts 2020-2 k €↓
  7. 2019
    Annual accounts 2019-325,3 €↓
  8. 2018
    Annual accounts 20187 k €↓
  9. 2017
    Annual accounts 201715,3 k €↑
  10. 2016
    Annual accounts 20165,5 k €↑
  11. 2015
    Annual accounts 20152,7 k €↓
  12. 2014
    Annual accounts 20144,3 k €↑
  13. 2013
    Annual accounts 20133,9 k €
  14. 19/07/2012
    IncorporationPublic limited company