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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
34 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ALTIORE from Herve, company number BE0433120044, closed financial year 2025 with a result of € 280,516 after tax. For that financial year ALTIORE recorded revenue of € 5.4 million and equity of € -211,339. Compared with financial year 2024, the result moved from € 28,191 to € 280,516. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 4, 2026.
€ -211,339
▲ € 280,516 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 280,516
▲ € 252,326 vs 2024
Profit after tax over the fiscal year.
€ 144,235
▼ 38% 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 € -421,199.
People and assets in 2025
25.8
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 16% vs 2024
€ 71,200 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.
€ 46,733
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 174,753
▼ 36% vs 2024
€ 82,231 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 386,613
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 216,683
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,760,617 | € 4,348,637 | € 4,513,180 | € 5,368,554 | ▲ 19% |
| Profit after taxes | € -934,197 | € -33,636 | € 28,191 | € 280,516 | ▲ € 252,326 |
| Equity | € -464,060 | € -520,046 | € -491,855 | € -211,339 | ▲ € 280,516 |
| Total debts | € 2,915,718 | € 2,275,218 | € 1,829,907 | € 1,855,379 | ▲ 1% |
| Cash | € 355,032 | € 343,042 | € 233,451 | € 144,235 | ▼ 38% |
| Land & buildings | € 269,065 | - | - | - | |
| Retained profit | € -696,270 | € -729,906 | € -701,715 | € -421,199 | ▲ € 280,516 |
| Bank debt | € 859,206 | € 372,605 | € 272,063 | € 174,753 | ▼ 36% |
| Balance sheet total | € 2,451,658 | € 1,755,172 | € 1,338,052 | € 1,644,040 | ▲ 23% |
| Employees (FTE) | 29.2 | 25 | 25.4 | 25.8 | ▲ 0.4 |
Key figures of ALTIORE, 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 ALTIORE?
What happened at ALTIORE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 280,516 (▲ € 252,326 vs 2024). filed late Source: NBB ↗
- New establishment in Herve. KBO
- Start of the company according to the CBE. KBO
In short
From € 934,197 loss in 2022 to € 280,516 profit in 2025.
Paid € 16,620 in corporate taxes since 2022.
Best year ever: 2025, with € 280,516 profit.
Pays suppliers within 43 days on average.
Management
The stake of SOFABO, INFISO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALTIOREBehind ALTIORE are INFISO SA, SOFABO SA and TALEOS SCS. The shares are held by SOFABO (100%) and INFISO (82%).
Directors
According to the 2025 annual accounts
Director · represented by Victor, Léopold BOSQUIN
Also active at: UNIMMO, Seeben, Unibox Games, Creficom, NACO, SKILLSHOT, CENTRALE DES JEUX, Willy Michiels Company +15 more
Director · represented by Victor, Tomas BOSQUIN
Also active at: Creficom, ETABLISSEMENTS PAULY - ANDRIANNE, COMBLAIN MOTORS, EUROPEAN AMUSEMENT COMPANY, S.A. AMERICAN BOWLING CLUB, COVIFIL, BOCAM, BRASSERIE DE L'ABBAYE DU VAL-DIEU +15 more
Director · represented by Nicolas THOMSIN
Also active at: UNIMMO, Seeben, NACO, SKILLSHOT, CENTRALE DES JEUX, Willy Michiels Company, EURAUTOMAT, BINGO LUX +14 more
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue du Parc 22
4650 Herve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 34 companies are registered at this address.
All companies at this address →UNIMMO same network
€ 2.1 million revenue · 2025
Seeben same network
€ 6.8 million revenue · 2025
Unibox Games same network
€ 9.8 million revenue · 2025
Creficom same network
SOFABO same network
€ 1.3 million revenue · 2025
+29 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
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Website info
Features
Security
Network
Details
- Company number
- 0433.120.044
- VAT number
- BE 0433.120.044
- Registered office
- Avenue du Parc 22, 4650 Herve
- Names & denominations
- ALTIORE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 1988
- Peppol
- Active · Active since 28 Oct 2024
- Contact
- altiore.be
- Activities · NACE
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