What does Altrad Services do?

Altrad Services is a specialised building contractor in Beveren-Kruibeke-Zwijndrecht. Public Limited, started on 1 January 1968, 4 establishments.

What is the address of Altrad Services?

The registered office of Altrad Services is located at Havinkbeekstraat(VER) 9, 9130 Beveren-Kruibeke-Zwijndrecht.

Is Altrad Services still active?

Yes. According to the CBE (30 October 2026) Altrad Services is active, legal situation “Normale toestand”, started on 1 January 1968.

Is Altrad Services registered on Peppol?

Yes, Altrad Services is registered on the Peppol network with ID 0208:0404000446.

What is the enterprise number of Altrad Services?

The enterprise number of Altrad Services is BE0404000446.

When was Altrad Services founded?

Altrad Services was founded on 1 January 1968.

Who are the directors of Altrad Services?

According to the 2025 annual accounts, the directors of Altrad Services are: Altrad Logistics Benelux nv, BestCo Solutions, Dimm BV.

Is Altrad Services a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 4 establishments in the CBE.

How much profit did Altrad Services make in 2025?

Altrad Services posted a profit after taxes of € 9,244,250 in financial year 2025.

What is the revenue of Altrad Services?

In its most recent annual accounts (2025), Altrad Services reported revenue of € 171,962,491.

How much does an employee at Altrad Services earn?

The average wage cost per full-time employee at Altrad Services was € 70,800 in 2025: staff costs of € 77.7 million for 1,098.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Altrad Services have?

According to the 2025 annual accounts, Altrad Services has 1,098.5 full-time equivalents (FTE).

Altrad Services (Public Limited) - Beveren-Kruibeke-Zwijndrecht

Dossier Altrad Services, printed on 30 October 2026 from databakkes.be/en/0404000446/altrad-services. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Altrad Services from Beveren-Kruibeke-Zwijndrecht, company number BE0404000446, closed financial year 2025 with a result of € 9.2 million after tax. For that financial year Altrad Services recorded revenue of € 172 million and equity of € 41.2 million. Compared with financial year 2024, the result moved from € 6.6 million to € 9.2 million. 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 February 5, 2026.

What it is worth Growing

€ 41.2 million

▲ 29% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 9.2 million

▲ 40% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,301

▲ 7% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 21.7 million.

People and assets in 2025

Full-time equivalents

1,098.5

▲ 13.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 21.3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 77.7 million

▲ 8% vs 2024

€ 70,800 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.

Vehicles and equipment

€ 423,850

▲ 21% vs 2024

Of which on lease € 197,771.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 207,064

▼ 22% vs 2024

€ 58,367 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 30.6 million

▲ 19% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 128 days on average.

Taxes and wages

€ 9.4 million

▲ 33% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 142,898,987 Revenue 2022: € 142,898,987 First fiscal year in the series	€ 158,030,584 Revenue 2023: € 158,030,584 ▲ 11% vs 2022 (€ 142,898,987) Favourable step	€ 166,460,948 Revenue 2024: € 166,460,948 ▲ 5% vs 2023 (€ 158,030,584) Favourable step	€ 171,962,491 Revenue 2025: € 171,962,491 ▲ 3% vs 2024 (€ 166,460,948) Favourable step	▲ 3%
Profit after taxes	€ 5,656,322 Profit after taxes 2022: € 5,656,322 First fiscal year in the series	€ 3,043,272 Profit after taxes 2023: € 3,043,272 ▼ 46% vs 2022 (€ 5,656,322) Unfavourable step	€ 6,616,231 Profit after taxes 2024: € 6,616,231 ▲ 117% vs 2023 (€ 3,043,272) Favourable step	€ 9,244,250 Profit after taxes 2025: € 9,244,250 ▲ 40% vs 2024 (€ 6,616,231) Favourable step	▲ 40%
Equity	€ 27,253,909 Equity 2022: € 27,253,909 First fiscal year in the series	€ 30,297,181 Equity 2023: € 30,297,181 ▲ 11% vs 2022 (€ 27,253,909) Favourable step	€ 31,913,412 Equity 2024: € 31,913,412 ▲ 5% vs 2023 (€ 30,297,181) Favourable step	€ 41,157,663 Equity 2025: € 41,157,663 ▲ 29% vs 2024 (€ 31,913,412) Favourable step	▲ 29%
Total debts	€ 88,007,261 Total debts 2022: € 88,007,261 First fiscal year in the series	€ 54,819,263 Total debts 2023: € 54,819,263 ▼ 38% vs 2022 (€ 88,007,261) Favourable step	€ 56,689,266 Total debts 2024: € 56,689,266 ▲ 3% vs 2023 (€ 54,819,263) Unfavourable step	€ 66,678,520 Total debts 2025: € 66,678,520 ▲ 18% vs 2024 (€ 56,689,266) Unfavourable step	▲ 18%
Cash	€ 3,716 Cash 2022: € 3,716 First fiscal year in the series	€ 1,907 Cash 2023: € 1,907 ▼ 49% vs 2022 (€ 3,716) Unfavourable step	€ 3,087 Cash 2024: € 3,087 ▲ 62% vs 2023 (€ 1,907) Favourable step	€ 3,301 Cash 2025: € 3,301 ▲ 7% vs 2024 (€ 3,087) Favourable step	▲ 7%
Land & buildings	€ 1,662,542 Land & buildings 2022: € 1,662,542 First fiscal year in the series	€ 1,582,599 Land & buildings 2023: € 1,582,599 ▼ 5% vs 2022 (€ 1,662,542) Unchanged	€ 1,622,144 Land & buildings 2024: € 1,622,144 ▲ 2% vs 2023 (€ 1,582,599) Unchanged	€ 1,559,485 Land & buildings 2025: € 1,559,485 ▼ 4% vs 2024 (€ 1,622,144) Unchanged	▼ 4%
Retained profit	€ 7,826,459 Retained profit 2022: € 7,826,459 First fiscal year in the series	€ 10,869,731 Retained profit 2023: € 10,869,731 ▲ 39% vs 2022 (€ 7,826,459) Favourable step	€ 12,485,962 Retained profit 2024: € 12,485,962 ▲ 15% vs 2023 (€ 10,869,731) Favourable step	€ 21,730,212 Retained profit 2025: € 21,730,212 ▲ 74% vs 2024 (€ 12,485,962) Favourable step	▲ 74%
Dividend	€ 40,000,000 Dividend 2022: € 40,000,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 40,000,000) Unchanged	€ 5,000,000 Dividend 2024: € 5,000,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 5,000,000) Unchanged	▼ 100%
Bank debt	€ 223,456 Bank debt 2022: € 223,456 First fiscal year in the series	€ 321,543 Bank debt 2023: € 321,543 ▲ 44% vs 2022 (€ 223,456) Unfavourable step	€ 264,676 Bank debt 2024: € 264,676 ▼ 18% vs 2023 (€ 321,543) Favourable step	€ 207,064 Bank debt 2025: € 207,064 ▼ 22% vs 2024 (€ 264,676) Favourable step	▼ 22%
Balance sheet total	€ 116,020,968 Balance sheet total 2022: € 116,020,968 First fiscal year in the series	€ 86,240,958 Balance sheet total 2023: € 86,240,958 ▼ 26% vs 2022 (€ 116,020,968) Unchanged	€ 89,481,870 Balance sheet total 2024: € 89,481,870 ▲ 4% vs 2023 (€ 86,240,958) Unchanged	€ 108,431,183 Balance sheet total 2025: € 108,431,183 ▲ 21% vs 2024 (€ 89,481,870) Unchanged	▲ 21%
Employees (FTE)	1,025.3 Employees (FTE) 2022: 1,025.3 First fiscal year in the series	1,070.6 Employees (FTE) 2023: 1,070.6 ▲ 45.3 vs 2022 (1,025.3) Unchanged	1,085.4 Employees (FTE) 2024: 1,085.4 ▲ 14.8 vs 2023 (1,070.6) Unchanged	1,098.5 Employees (FTE) 2025: 1,098.5 ▲ 13.1 vs 2024 (1,085.4) Unchanged	▲ 13.1

Key figures of Altrad Services, 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 March 2027.

What happened to Altrad Services?

What happened at Altrad Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 BestCo Solutions stepped down as director. NBB
2026 Altrad Logistics Benelux nv stepped down as director. NBB
Feb 5, 2026 New annual accounts for financial year 2025: profit of € 9.2 million (▲ 40% vs 2024). Source: NBB ↗
2025 BestCo Solutions became a director. NBB
2025 Dimm BV stepped down as director. NBB
2022 Dimm BV became a director. NBB
Sep 1, 2021 New establishment in Wijnegem. KBO
Sep 1, 2021 New establishment in Gent. KBO

In short

From € 5.7 million profit in 2022 to € 9.2 million profit in 2025.

Paid € 10.4 million in corporate taxes since 2022.

Best year ever: 2025, with € 9.2 million profit.

Paid out € 45 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Altrad Logistics Benelux NV 55%

Hertel Beheer BV 45%

Altrad Services BV

Altrad Investment Authority SAS

Altrad Services

Remove Insul 99.9%

The shares are held by Altrad Logistics Benelux NV (55%), Hertel Beheer BV (45%), Altrad Services BV and Altrad Investment Authority SAS. It owns 99.9% of Remove Insul itself.

Directors

According to the 2025 annual accounts

Altrad Logistics Benelux nv

Managing director · represented by Patrick Breyne

since 2020 · until 2026

BestCo Solutions

Director · represented by Steven Beyers

since 2025 · until 2031

Dimm BV

Director · represented by Myriam Daenen

Also active at: Altrad Logistics Benelux

since 2022 · until 2025

Shareholders

Altrad Logistics Benelux NV

55%

Hertel Beheer BV

45%

Altrad Services BV

Altrad Investment Authority SAS

Participations

Remove Insul

99.9%

Establishments

Establishment units

Physical locations of this company

Registered office

Havinkbeekstraat(VER) 9

9130 Beveren-Kruibeke-Zwijndrecht

2.297.369.873

Rue des Verreries 29

7170 Manage

Active since 1 April 2016

2.316.084.440

Bijkhoevelaan 16

2110 Wijnegem

Active since 1 September 2021

2.316.084.539

Skaldenstraat 121 box F3

9042 Gent

Active since 1 September 2021

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Altrad Logistics Benelux same network

€ 17 million revenue · 2025

REMOVE INSUL same network

€ 1.1 million revenue · 2025

Altrad AnD - Euroscaff

€ -2,479 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0404.000.446

VAT number

BE 0404.000.446

Registered office

Havinkbeekstraat(VER) 9, 9130 Beveren-Kruibeke-Zwijndrecht

Names & denominations

Altrad Services

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Installatie van isolatie

Isolatiewerkzaamheden

Overige bouwinstallatie

Overige bouwinstallatie, n.e.g.

Schilderen van gebouwen

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde werkzaamheden in de bouw

Schilderen

View on CBE Public ↗ Annual accounts (NBB) ↗

Altrad Services

Financials

What happened to Altrad Services?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions