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 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ALVA IMMO from Waasmunster, company number BE0417780879, closed financial year 2025 with a result of € 843,041 after tax. For that financial year ALVA IMMO recorded a gross margin of € 2.8 million and equity of € 7.7 million. Compared with financial year 2024, the result moved from € 229,479 to € 843,041. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 7.7 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 843,041
▲ 267% vs 2024
Profit after tax over the fiscal year.
€ 67,756
▼ 79% 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 € 6.8 million.
Debts at end 2025
€ 10.1 million
▼ 20% vs 2024
€ 2.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 99,560
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 540,781
▲ 99% 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 | € 3,124,043 | € 2,008,497 | € 1,715,234 | € 2,790,636 | ▲ 63% |
| Profit after taxes | € 1,611,090 | € 654,561 | € 229,479 | € 843,041 | ▲ 267% |
| Equity | € 5,977,255 | € 6,631,816 | € 6,861,295 | € 7,704,336 | ▲ 12% |
| Total debts | € 17,198,791 | € 21,216,577 | € 19,128,158 | € 16,994,751 | ▼ 11% |
| Cash | € 1,381,802 | € 1,531,849 | € 318,412 | € 67,756 | ▼ 79% |
| Land & buildings | € 8,006,062 | € 10,043,778 | € 19,572,725 | € 18,601,268 | ▼ 5% |
| Retained profit | € 5,077,255 | € 5,731,816 | € 5,961,295 | € 6,804,336 | ▲ 14% |
| Bank debt | € 12,132,692 | € 13,723,438 | € 12,703,276 | € 10,102,982 | ▼ 20% |
| Balance sheet total | € 24,124,782 | € 28,748,338 | € 26,840,608 | € 25,501,452 | ▼ 5% |
Key figures of ALVA IMMO, 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 ALVA IMMO?
What happened at ALVA IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- William De Witte stepped down as director. NBB
- Joke Van Doorne stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 843,041 (▲ 267% vs 2024). filed late Source: NBB ↗
- William De Witte became a director. NBB
- Joke Van Doorne became a director. NBB
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.6 million profit in 2022 to € 843,041 profit in 2025.
Paid € 961,243 in corporate taxes since 2022.
Best year ever: 2022, with € 1.6 million profit.
Management
The stake of DISTRIBUTIECENTRUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALVA IMMOThe shares are held by DISTRIBUTIECENTRUM (100%). It owns 100% of CORENT and 100% of MICHIELS itself.
Directors
According to the 2025 annual accounts
William De Witte
Managing director
Also active at: THIRY GENT, DEPONDT, WILL - INVEST, DE WITTE WILLIAM, COCCINELLE, VAN LIER, VAN LAETHEM, FRUGRO +23 more
since 2021 · until 2027
Joke Van Doorne
Director
Also active at: THIRY GENT, DEPONDT, WILL - INVEST, DE WITTE WILLIAM, COCCINELLE, VAN LIER, VAN LAETHEM, CORENT +19 more
since 2021 · until 2027
Shareholders
100%
Establishments
Establishment units
Physical locations of this company
Fazantenlaan 17
9250 Waasmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →DEPONDT same network
€ 639,392 gross margin · 2025
DE WITTE WILLIAM same network
€ 12,050 gross margin · 2025
CORENT same network
€ 74,935 gross margin · 2025
BOUWGROEP DE WITTE same network
€ 2.6 million gross margin · 2025
WASE GARAGE- EN VERVOERBEDRIJF same network
€ 59,250 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0417.780.879
- VAT number
- BE 0417.780.879
- Registered office
- Fazantenlaan 17, 9250 Waasmunster
- Names & denominations
- ALVA IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1977
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen