Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ALTREA DISTRIBUTION from Meerhout, company number BE0400660280, closed financial year 2025 with a result of € -778,113 after tax. For that financial year ALTREA DISTRIBUTION recorded revenue of € 3.9 million and equity of € 172,565. Compared with financial year 2024, the result moved from € -160,351 to € -778,113. The company made a loss. The buffer shrank hard: equity is 82 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 172,565
▼ 82% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -778,113
▼ 385 % more loss than in 2024
Profit after tax over the fiscal year.
€ 46,509
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -87,205.
People and assets in 2025
15.7
▼ 16.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 931,184
▼ 52% vs 2024
€ 59,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 847,647
▼ 30% vs 2024
Of which on lease € 817,583.
Debts at end 2025
€ 947,669
▼ 27% vs 2024
€ 353,465 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.2 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 127 days on average.
€ 58,561
▼ 71% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,037,739 | € 7,046,449 | € 5,927,868 | € 3,876,055 | ▼ 35% |
| Profit after taxes | € 163,515 | € 237,580 | € -160,351 | € -778,113 | ▼ € 617,762 |
| Equity | € 907,173 | € 1,134,680 | € 962,453 | € 172,565 | ▼ 82% |
| Total debts | € 4,181,032 | € 5,562,088 | € 4,868,037 | € 4,681,276 | ▼ 4% |
| Cash | € 46,104 | € 76,389 | € 35,980 | € 46,509 | ▲ 29% |
| Land & buildings | € 1,414 | € 829 | - | - | |
| Retained profit | € 613,680 | € 851,260 | € 690,908 | € -87,205 | ▼ € 778,113 |
| Bank debt | € 936,414 | € 855,804 | € 1,305,119 | € 947,669 | ▼ 27% |
| Balance sheet total | € 5,088,205 | € 6,696,768 | € 5,830,489 | € 4,853,840 | ▼ 17% |
| Employees (FTE) | 30.5 | 30.8 | 32.6 | 15.7 | ▼ 16.9 |
Key figures of ALTREA DISTRIBUTION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ALTREA DISTRIBUTION?
What happened at ALTREA DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 778,113. Source: NBB ↗
- Roeland Smets became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Herent. KBO
In short
From € 163,515 profit in 2022 to € 778,113 loss in 2025.
Paid € 3,355 in corporate taxes since 2022.
Best year ever: 2023, with € 237,580 profit.
Pays suppliers within 127 days on average.
Management
The stake of ALTREA LOGISTICS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALTREA DISTRIBUTIONBehind ALTREA DISTRIBUTION is Roeland Smets. The shares are held by ALTREA LOGISTICS (100%).
Directors
According to the 2025 annual accounts
Roeland Smets
Director
Also active at: Transport Marcel Depaire, ALDERS BULK LOGISTICS, Trafuco, ALDERS INTERNATIONAAL TRANSPORT, HAESAERTS INTERMODAL, ROELAND M. SMETS, CONSOMED, ALDERS SERVICE CENTER +2 more
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsweg 17
2450 Meerhout
Mechelsesteenweg 452
3020 Herent
Active since 1 January 1966
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.660.280
- VAT number
- BE 0400.660.280
- Registered office
- Nijverheidsweg 17, 2450 Meerhout
- Names & denominations
- ALTREA DISTRIBUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 9 Jul 2025
- Activities · NACE
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