Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
ALTAVIA BELGIUM from Elsene, company number BE0433261881, closed financial year 2025 with a result of € -374,438 after tax. For that financial year ALTAVIA BELGIUM recorded revenue of € 15.9 million and equity of € -153,053. Compared with financial year 2024, the result moved from € -174,847 to € -374,438. The company made a loss. 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 July 8, 2026.
€ -153,053
▼ € 374,438 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -374,438
▼ 114 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -512,803.
People and assets in 2025
41.2
▲ 16.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▲ 55% vs 2024
€ 75,500 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.
€ 27,067
▲ 2% 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.
€ 4.9 million
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 137 days on average.
€ 668,054
▲ 92% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,129,781 | € 16,479,488 | € 12,691,617 | € 15,938,660 | ▲ 26% |
| Profit after taxes | € -1,793,126 | € -131,353 | € -174,847 | € -374,438 | ▼ € 199,590 |
| Equity | € -2,272,415 | € 396,232 | € 221,385 | € -153,053 | ▼ € 374,438 |
| Total debts | € 11,698,877 | € 9,515,416 | € 7,565,314 | € 8,851,656 | ▲ 17% |
| Cash | € 913,281 | € 1,877,874 | € 1,342,608 | € 1,819,315 | ▲ 36% |
| Retained profit | € -3,426,748 | € 30,000 | € -138,365 | € -512,803 | ▼ € 374,438 |
| Balance sheet total | € 9,426,462 | € 9,911,648 | € 7,786,698 | € 8,793,603 | ▲ 13% |
| Employees (FTE) | 21.6 | 22 | 24.7 | 41.2 | ▲ 16.5 |
Key figures of ALTAVIA BELGIUM, 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 ALTAVIA BELGIUM?
What happened at ALTAVIA BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NOOREA SRL stepped down as director. NBB
- Joël JUNG stepped down as director. NBB
- Katia HESRY stepped down as director. NBB
- Palti LEON - SYDNEY stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 374,438. Source: NBB ↗
- Joël JUNG became a director. NBB
- Katia HESRY became a director. NBB
- Palti LEON - SYDNEY became a director. NBB
In short
From € 1.8 million loss in 2022 to € 374,438 loss in 2025.
Paid € 24,363 in corporate taxes since 2022.
Pays suppliers within 137 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by ALTAVIA EUROPE (99.6%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Palti LEON - SYDNEY
Chairman of the board
since 2024 · until 2027
Joël JUNG
Director
since 2025 · until 2028
Katia HESRY
Director
since 2025 · until 2028
Shareholders
ALTAVIA EUROPE
99.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 287/5
1050 Elsene
Louizalaan 287 box 5
1050 Brussel
Active since 1 March 1988
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.261.881
- VAT number
- BE 0433.261.881
- Registered office
- Louizalaan 287/5, 1050 Elsene
- Names & denominations
- ALTAVIA BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 1988
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van reclamebureaus
Publiciteitsagentschappen