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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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AALTERPAINT HOLDING from Aalter, company number BE0401000473, closed financial year 2025 with a result of € 44,191 after tax. For that financial year AALTERPAINT HOLDING recorded a gross margin of € 595,144 and equity of € 9 million. Compared with financial year 2024, the result moved from € 15,535 to € 44,191. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 12, 2026.
€ 9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,191
▲ 184% vs 2024
Profit after tax over the fiscal year.
€ 39,947
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 561,338.
Debts at end 2025
€ 13.8 million
▼ 6% vs 2024
€ 920,563 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 8,794
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,814
▲ 28% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 443,008 | € 530,100 | € 542,456 | € 595,144 | ▲ 10% |
| Profit after taxes | € -17,102 | € -1,122 | € 15,535 | € 44,191 | ▲ 184% |
| Equity | € 8,922,734 | € 8,921,612 | € 8,937,147 | € 8,981,338 | |
| Total debts | € 17,233,105 | € 16,857,865 | € 15,081,659 | € 14,922,549 | ▼ 1% |
| Cash | € 89,865 | € 18,282 | € 103,664 | € 39,947 | ▼ 61% |
| Land & buildings | € 523,287 | € 462,707 | € 384,226 | € 322,057 | ▼ 16% |
| Retained profit | € 502,734 | € 501,612 | € 517,147 | € 561,338 | ▲ 9% |
| Bank debt | € 16,851,296 | € 15,895,904 | € 14,742,906 | € 13,826,110 | ▼ 6% |
| Balance sheet total | € 26,155,839 | € 25,779,477 | € 24,018,806 | € 23,903,887 |
Key figures of AALTERPAINT HOLDING, 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 AALTERPAINT HOLDING?
What happened at AALTERPAINT HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,191 (▲ 184% vs 2024). Source: NBB ↗
- PIETER VERHEYEN CONSULTANCY COMMV became a director. NBB
- CARPINUS CONSULT BV became a director. NBB
- DCQ CONSULT BV became a director. NBB
- QUVA INVEST NV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Aalter. KBO
In short
From € 17,102 loss in 2022 to € 44,191 profit in 2025.
Paid € 15,110 in corporate taxes since 2022.
Best year ever: 2025, with € 44,191 profit.
Management
Behind AALTERPAINT HOLDING are PIETER VERHEYEN CONSULTANCY COMMV, CARPINUS CONSULT BV, DCQ CONSULT BV and QUVA INVEST NV. The shares are held by QUVA INVEST NV (97%) and Pieter Verheyen (3%). It owns 100% of PICASSO HOLDING NV itself.
Directors
According to the 2025 annual accounts
PIETER VERHEYEN CONSULTANCY COMMV
Director · represented by Pieter Verheyen
Also active at: Nordlys Invest, AALTERPAINT, PICASSO HOLDING
since 2024
Director · represented by Jan Nelissen
Also active at: Abriso-Jiffy, RESILUX, Nordlys Invest, AALTERPAINT, MATECO BELGIUM, PICASSO HOLDING, QUERTUSFIN, QUVADEC +9 more
since 2022
Director · represented by Kristien de Clercq
Also active at: RESILUX, Nordlys Invest, AALTERPAINT, MATECO BELGIUM, PICASSO HOLDING, QUERTUSFIN, QUVADEC, QUVA INVEST +8 more
since 2022
Director · represented by Pascal Vanhalst
Also active at: TVH EQUIPMENT, Abriso-Jiffy, WIJNGALERIJ CROMBE, RESILUX, Nordlys Invest, AALTERPAINT, MATECO BELGIUM, PICASSO HOLDING +6 more
since 2022
Shareholders
97%
Pieter Verheyen
3%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Venecolaan 8
9880 Aalter
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
- 0401.000.473
- VAT number
- BE 0401.000.473
- Registered office
- Venecolaan 8, 9880 Aalter
- Names & denominations
- AALTERPAINT HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 1963
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
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