ACTIVE

ALTACHEM

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Financial year 2025 · closed on 31/12/2025
Net result
2,7 M €
-36.0% YoY
Revenue
28,3 M €
-15.0% YoY
Equity
10,7 M €
-23.5% YoY
Workforce
26,9 ETP
+0.4% YoY

What does ALTACHEM do?

ALTACHEM is a Public limited company incorporated in 2008. Its main activity is: Manufacture of other inorganic basic chemicals. Its registered office is in Harelbeke. It employs on average 26,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0899.925.715
Incorporation
22/08/2008
Legal form
Public limited company
Registered office
Generaal Deprezstraat 2
8530 Harelbeke · FlandreSee on map
Contributed capital
5 000 000,00 €
Latest accounts
31/12/2025
Average workforce
26,9 ETP
Activities (NACE)
20130Manufacture of other inorganic basic chemicals· main20130Manufacture of other inorganic basic chemicals28140Manufacture of other taps and valves28140Manufacture of other taps and valves70200Management consultancy activities70220Business and other management consultancy activities+2
Joint committees (2)
  • 111
  • 209
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 14 financial years

20252024202320222021201620152014201320122011201020092008
Income statement
Revenue28,3 M €33,2 M €32,8 M €30,9 M €33,8 M €318,8 k €283,6 k €328,5 k €367,2 k €243,4 k €405 k €868 k €––
EBITDA5,1 M €7 M €6 M €5,4 M €7,3 M €19,2 k €14,2 k €68,4 k €16,6 k €43,9 k €85,1 k €590,1 k €612,9 k €161 k €
Operating result3,6 M €5,4 M €4,7 M €3,6 M €5,7 M €19,2 k €14,2 k €68,4 k €16,6 k €43,1 k €84,3 k €589,3 k €612,1 k €160,2 k €
Net result2,7 M €4,2 M €3,7 M €2,9 M €4,5 M €-24,5 k €1,7 M €-15,4 k €1,3 M €1,8 M €2,2 M €-73,1 k €815 k €-126,2 k €
Balance sheet
Equity10,7 M €14 M €14 M €14,2 M €13,2 M €12,6 M €12,6 M €10,9 M €10,9 M €9,6 M €7,8 M €5,6 M €5,7 M €4,9 M €
Total assets13,8 M €17,9 M €16,6 M €16,8 M €15,7 M €15,2 M €15,1 M €15,1 M €17,1 M €15,1 M €15,1 M €15,1 M €16 M €15,3 M €
Cash7,1 k €29,2 k €75,7 k €62,1 k €83 k €80,3 k €39,4 k €39,7 k €91,2 k €8,4 k €4,6 k €49,3 k €292 k €–
Debts2,5 M €3,3 M €2,5 M €2,1 M €2,5 M €2,7 M €2,5 M €4,2 M €6,2 M €5,5 M €7,3 M €9,4 M €10,2 M €10,4 M €
Other
Workforce26,9 ETP26,8 ETP25,5 ETP26,6 ETP22,8 ETP–––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 29 ended

Active mandates

François Gilbert

Director · since 31 décembre 2023 · until 26 avril 2029

Active
JMP SERVICES

Managing director · since 27 avril 2023 · until 29 avril 2027 · 0837.127.915

Represented by Jean-Marie POPPE

Active

Ended mandates

Frédéric Noël

Director · since 11 août 2022 · until 31 décembre 2023

Ended
Frédéric Noël

Director · since 11 août 2022 · until 29 avril 2027

Ended
Eugene Lever Philip

Director · since 21 décembre 2017 · until 27 avril 2023

Ended
JMP SERVICES

Managing director · since 21 décembre 2017 · until 27 avril 2023 · 0837.127.915

Represented by Jean-Marie POPPE

Ended
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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 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 date21/05/202607/05/202513/05/202404/05/202319/05/202219/05/2021
General meeting30/04/202624/04/202525/04/202427/04/202328/04/202229/04/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/04/202621/05/2026DutchPDF
Full model31/12/202424/04/202507/05/2025DutchPDF
Full model31/12/202325/04/202413/05/2024DutchPDF
Full model31/12/202227/04/202304/05/2023DutchPDF
Full model31/12/202128/04/202219/05/2022DutchPDF
Full model31/12/202029/04/202119/05/2021DutchPDF
Full model31/12/201930/04/202027/05/2020DutchPDF
Full model31/12/201825/04/201922/05/2019DutchPDF
Full model31/12/201726/04/201823/05/2018DutchPDF
Full model31/12/201626/05/201708/06/2017DutchPDF
Full model31/12/201513/05/201620/06/2016DutchPDF
Full model31/12/201429/05/201525/06/2015DutchPDF
Full model31/12/201330/05/201425/06/2014DutchPDF
Full model31/12/201231/05/201325/06/2013DutchPDF
Full model31/12/201131/05/201213/06/2012DutchPDF
Abridged model31/12/201017/06/201111/07/2011DutchPDF
Abridged model31/12/200928/05/201013/08/2010DutchPDF
Abridged model31/12/200829/05/200906/08/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 2 active · 29 ended

Active mandates

François Gilbert

Director · since 31 décembre 2023 · until 26 avril 2029

Active
JMP SERVICES

Managing director · since 27 avril 2023 · until 29 avril 2027 · 0837.127.915

Represented by Jean-Marie POPPE

Active

Ended mandates

Frédéric Noël

Director · since 11 août 2022 · until 31 décembre 2023

Ended
Frédéric Noël

Director · since 11 août 2022 · until 29 avril 2027

Ended
Eugene Lever Philip

Director · since 21 décembre 2017 · until 27 avril 2023

Ended
JMP SERVICES

Managing director · since 21 décembre 2017 · until 27 avril 2023 · 0837.127.915

Represented by Jean-Marie POPPE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2019
    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 20252,7 M €↓
  2. 2024
    Annual accounts 20244,2 M €↑
  3. 2023
    Annual accounts 20233,7 M €↑
  4. 2022
    Annual accounts 20222,9 M €↓
  5. 2021
    Annual accounts 20214,5 M €↑
  6. 2016
    Annual accounts 2016-24,5 k €↓
  7. 2015
    Annual accounts 20151,7 M €↑
  8. 2014
    Annual accounts 2014-15,4 k €↓
  9. 2013
    Annual accounts 20131,3 M €↓
  10. 2012
    Annual accounts 20121,8 M €↓
  11. 2011
    Annual accounts 20112,2 M €↑
  12. 2010
    Annual accounts 2010-73,1 k €↓
  13. 2009
    Annual accounts 2009815 k €↑
  14. 2008
    Annual accounts 2008-126,2 k €
  15. 22/08/2008
    IncorporationPublic limited company