ACTIVE

ALFA COOLING TECHNICS

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Financial year 2025 · closed on 30/09/2025

Net result

-140,8 k €

-195.2% YoY

Revenue

4,5 M €

-54.2% YoY

Equity

401,6 k €

-26.0% YoY

Workforce

26,7 ETP

-14.1% YoY

What does ALFA COOLING TECHNICS do?

ALFA COOLING TECHNICS is a Public limited company incorporated in 2007. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Lokeren. It employs on average 26,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0893.949.723

Incorporation

05/12/2007

Legal form

Public limited company

Registered office

Spieveldstraat 51
9160 Lokeren · FlandreSee on map

Contributed capital

62 620,00 €

Latest accounts

30/09/2025

Average workforce

26,7 ETP

Activities (NACE)

43222Plumbing, heat and air-conditioning installation· main 43222Plumbing, heat and air-conditioning installation 43211Electrical installation 43211Electrical installation 43240Electrical, plumbing and other construction installation activities 43299Other construction installation

Joint committees (3)

Signals

Healthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	4,5 M €	-54.2%	9,8 M €	+7.6%	9,1 M €	+21.7%	7,5 M €	+48.0%	5,1 M €	-14.7%	6 M €	+1.1%	5,9 M €	+21.4%	4,9 M €	+32.2%	3,7 M €	-11.7%	4,2 M €	+37.1%	3 M €	+26.1%	2,4 M €	-20.2%	3 M €	+63.5%	1,8 M €	-11.7%	2,1 M €	+20.1%	1,7 M €		–		–
EBITDA	-3,6 k €	-101%	362,4 k €	+242%	106 k €	-38.2%	171,5 k €	+5496%	-3,2 k €	-103%	122,7 k €	-16.0%	146 k €	-52.3%	306 k €	+100%	152,8 k €	+1.7%	150,2 k €	+20.1%	125,1 k €	+3.0%	121,5 k €	-36.4%	191 k €	+146%	77,7 k €	-47.0%	146,7 k €	+105%	71,5 k €	+4.4%	68,4 k €	+238%	20,3 k €
Operating result	-73 k €	-128%	264,1 k €	+421%	50,6 k €	-57.0%	117,9 k €	+247%	-80,1 k €	-548%	17,9 k €	-34.9%	27,5 k €	-86.1%	197,8 k €	+420%	38 k €	-44.5%	68,5 k €	+12.6%	60,9 k €	-14.4%	71,1 k €	-36.8%	112,4 k €	+566%	16,9 k €	-80.4%	85,9 k €	+288%	22,2 k €	+19.0%	18,6 k €	+309%	4,5 k €
Net result	-140,8 k €	-195%	147,8 k €	+716%	18,1 k €	-77.1%	78,9 k €	+168%	-116,4 k €	-9241%	1,3 k €	-88.3%	10,9 k €	-90.1%	109,5 k €	+743%	13 k €	-59.9%	32,4 k €	-0.9%	32,8 k €	-12.1%	37,3 k €	-42.3%	64,6 k €	+3724%	1,7 k €	-96.1%	43,3 k €	+2031%	2 k €	-60.7%	5,2 k €	+289%	-2,7 k €
Balance sheet
Equity	401,6 k €	-26.0%	542,4 k €	+37.5%	394,6 k €	+4.8%	376,5 k €	+26.5%	297,6 k €	-28.1%	413,9 k €	+0.3%	412,7 k €	+2.7%	401,8 k €	+37.5%	292,2 k €	+4.7%	279,2 k €	+13.1%	246,8 k €	+15.3%	214 k €	+21.1%	176,8 k €	+57.7%	112,1 k €	+1.5%	110,4 k €	+64.6%	67,1 k €	+3.1%	65 k €	+8.6%	59,9 k €
Total assets	2,2 M €	-21.0%	2,7 M €	+14.1%	2,4 M €	+17.6%	2 M €	+24.1%	1,6 M €	-9.6%	1,8 M €	-5.2%	1,9 M €	-16.0%	2,3 M €	+44.3%	1,6 M €	+22.6%	1,3 M €	+31.6%	981,6 k €	+13.6%	863,8 k €	+7.6%	803 k €	+21.1%	663,3 k €	-22.8%	858,9 k €	+41.8%	605,8 k €	+18.7%	510,4 k €	+23.4%	413,6 k €
Cash	179,1 k €	+23.3%	145,2 k €	-33.6%	218,7 k €	+96.7%	111,2 k €	-66.5%	332,4 k €	-40.5%	558,6 k €	+263%	154,1 k €	+12.3%	137,2 k €	-12.1%	156,1 k €	+27.1%	122,8 k €	-22.4%	158,3 k €	-42.3%	274,3 k €	+57.0%	174,7 k €	+153%	69 k €	-43.5%	122,2 k €	+37.6%	88,8 k €	-17.2%	107,2 k €	+209%	34,7 k €
Debts	1,8 M €	-19.8%	2,2 M €	+9.5%	2 M €	+20.5%	1,7 M €	+23.5%	1,3 M €	-4.1%	1,4 M €	-2.2%	1,4 M €	-22.7%	1,9 M €	+46.8%	1,3 M €	+28.2%	987,2 k €	+39.1%	709,9 k €	+13.6%	624,7 k €	+3.8%	602,2 k €	+9.3%	551,2 k €	-26.4%	748,5 k €	+38.9%	538,7 k €	+21.0%	445,4 k €	+26.3%	352,7 k €
Other
Workforce	26,7 ETP	-14.1%	31,1 ETP	-11.6%	35,2 ETP	+18.9%	29,6 ETP	+16.5%	25,4 ETP	+7.6%	23,6 ETP	-6.7%	25,3 ETP	+25.2%	20,2 ETP	-1.0%	20,4 ETP	+16.6%	17,5 ETP	+22.4%	14,3 ETP	-3.4%	14,8 ETP	+9.6%	13,5 ETP	+43.6%	9,4 ETP	+4.4%	9,0 ETP	+21.6%	7,4 ETP	+72.1%	4,3 ETP	+30.3%	3,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 5 active · 32 ended

Active mandates

ALLBA CONSULT

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

Represented by Bart Allaert

Active

GROEP VAN ROEY

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

Represented by Eddy Cox

Active

Jan Heirman

Managing director · since 02 mai 2019 · until 29 février 2028

Active

MUDE ENGINEERING

Managing director · since 02 mai 2019 · until 29 février 2028 · 0713.527.941

Represented by Marc Debou

Active

STI

Director · since 02 mai 2019 · until 24 février 2026 · 0714.929.590

Represented by Philippe Spruyt

Active

Ended mandates

Eddy Cox

Director · since 20 octobre 2021 · until 20 octobre 2027

Ended

Jan Heirman

Managing director · since 02 mai 2019 · until 02 mai 2025

Ended

Jan Heirman

Managing director · since 02 mai 2019 · until 06 mai 2025

Ended

MUDE ENGINEERING

Managing director · since 02 mai 2019 · until 02 mai 2025 · 0713.527.941

Represented by Marc Debou

Ended

At this address

Other companies at this address

Company	CBE no.
ALFA GROUP● Active	0820.417.783
ALFA INVESTMENTS● Active	0893.962.094
Alfa Technical Installations● Active	0442.538.645
Alfa Technical Services● Active	0847.511.071
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

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	30/09/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	9 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/03/2026	05/06/2025	10/07/2024	30/05/2023	13/05/2022	11/05/2021
General meeting	24/02/2026	06/05/2025	07/05/2024	23/05/2023	05/05/2022	06/05/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/09/2025	24/02/2026	20/03/2026	Dutch	PDF
Full model	31/12/2024	06/05/2025	05/06/2025	Dutch	PDF
Full model	31/12/2023	07/05/2024	10/07/2024	Dutch	PDF
Full model	31/12/2022	23/05/2023	30/05/2023	Dutch	PDF
Full model	31/12/2021	05/05/2022	13/05/2022	Dutch	PDF
Full model	31/12/2020	06/05/2021	11/05/2021	Dutch	PDF
Full model	31/12/2019	07/05/2020	05/06/2020	Dutch	PDF
Full model	31/12/2018	02/05/2019	10/05/2019	Dutch	PDF
Full model	31/12/2017	03/05/2018	29/05/2018	Dutch	PDF
Full model	31/12/2016	04/05/2017	06/06/2017	Dutch	PDF
Full model	31/12/2015	05/05/2016	10/05/2016	Dutch	PDF
Full model	31/12/2014	07/05/2015	05/06/2015	Dutch	PDF
Full model	31/12/2013	20/05/2014	04/06/2014	Dutch	PDF
Full model	31/12/2012	02/05/2013	31/05/2013	Dutch	PDF
Full model	31/12/2011	25/05/2012	21/06/2012	Dutch	PDF
Full model	31/12/2010	05/05/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	24/06/2010	Dutch	PDF
Abridged model	31/12/2008	07/05/2009	27/05/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 5 active · 32 ended

Active mandates

ALLBA CONSULT

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

Represented by Bart Allaert

Active

GROEP VAN ROEY

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

Represented by Eddy Cox

Active

Jan Heirman

Managing director · since 02 mai 2019 · until 29 février 2028

Active

MUDE ENGINEERING

Managing director · since 02 mai 2019 · until 29 février 2028 · 0713.527.941

Represented by Marc Debou

Active

STI

Director · since 02 mai 2019 · until 24 février 2026 · 0714.929.590

Represented by Philippe Spruyt

Active

Ended mandates

Eddy Cox

Director · since 20 octobre 2021 · until 20 octobre 2027

Ended

Jan Heirman

Managing director · since 02 mai 2019 · until 02 mai 2025

Ended

Jan Heirman

Managing director · since 02 mai 2019 · until 06 mai 2025

Ended

MUDE ENGINEERING

Managing director · since 02 mai 2019 · until 02 mai 2025 · 0713.527.941

Represented by Marc Debou

Ended

Shareholders

Ownership and network

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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
Mandates09/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other16/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/07/2023
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

2025
Annual accounts 2025-140,8 k €↓
2024
Annual accounts 2024147,8 k €↑
2023
Annual accounts 202318,1 k €↓
2022
Annual accounts 202278,9 k €↑
2022
Name changeAlfa Cooling Technics, afgekort "Alfa-CT"
2021
Annual accounts 2021-116,4 k €↓
2021
Name changeALFA COOLING TECHNICS
2020
Annual accounts 20201,3 k €↓
2019
Annual accounts 201910,9 k €↓
2018
Annual accounts 2018109,5 k €↑
2017
Annual accounts 201713 k €↓
2016
Annual accounts 201632,4 k €↓
2015
Annual accounts 201532,8 k €↓
2014
Annual accounts 201437,3 k €↓
2013
Annual accounts 201364,6 k €↑
2012
Annual accounts 20121,7 k €↓
2011
Annual accounts 201143,3 k €↑
2010
Annual accounts 20102 k €↓
2009
Annual accounts 20095,2 k €↑
2008
Annual accounts 2008-2,7 k €
05/12/2007
IncorporationPublic 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

ALFA COOLING TECHNICS

Overview

What does ALFA COOLING TECHNICS do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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