Financials
Financial year 2025
Altitude O from Namur, company number BE0406687148, closed financial year 2025 with a result of € 61,634 after tax. For that financial year Altitude O recorded a gross margin of € 148,759 and equity of € 506,023. Compared with financial year 2024, the result moved from € 85,745 to € 61,634. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 506,023
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 61,634
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 490,531
▲ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 155,656 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 19,987
▼ 28% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 29,882
▲ 169% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 34,018
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,262
▲ 100% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 152,865 | € 168,331 | € 184,630 | € 148,759 | ▼ 19% |
| Profit after taxes | € 98,672 | € 65,625 | € 85,745 | € 61,634 | ▼ 28% |
| Equity | € 448,675 | € 514,300 | € 600,045 | € 506,023 | ▼ 16% |
| Total debts | € 39,986 | € 66,892 | € 60,454 | € 249,256 | ▲ € 188,802 |
| Cash | € 208,333 | € 326,597 | € 334,121 | € 490,531 | ▲ 47% |
| Land & buildings | € 40,796 | € 34,627 | € 29,748 | € 25,425 | ▼ 15% |
| Retained profit | € 430,075 | € 495,700 | € 581,445 | € 487,423 | ▼ 16% |
| Dividend | € 0 | € 0 | € 0 | € 155,656 | |
| Balance sheet total | € 488,661 | € 581,191 | € 660,498 | € 755,279 | ▲ 14% |
Key figures of Altitude O, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Altitude O?
What happened at Altitude O in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 61,634 (▼ 28% vs 2024). Source: NBB ↗
- Philippe Willems became a director. NBB
- Claude Willems became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Namur. KBO
In short
From € 98,672 profit in 2022 to € 61,634 profit in 2025.
Paid € 148,682 in corporate taxes since 2022.
Best year ever: 2022, with € 98,672 profit.
Paid out € 155,656 in dividends to the owners in total.
Management
Behind Altitude O are Philippe Willems and Claude Willems.
Directors
According to the 2025 annual accounts
Philippe Willems
Director
since 2013
Claude Willems
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Pays-Liège-Payis d'Lîdje(ML) 38
5020 Namur
Chaussée de Marche(WD) 891
5100 Namur
Active since 1 May 1969
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0406.687.148
- VAT number
- BE 0406.687.148
- Registered office
- Pays-Liège-Payis d'Lîdje(ML) 38, 5020 Namur
- Names & denominations
- Altitude O
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 1969
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
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