Financials
Financial year 2025
ALTEBRA from Geraardsbergen, company number BE0440797494, closed financial year 2025 with a result of € 13 million after tax. For that financial year ALTEBRA recorded revenue of € 60.6 million and equity of € 34.2 million. Compared with financial year 2024, the result moved from € 6.6 million to € 13 million. 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 July 8, 2026.
€ 34.2 million
▲ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13 million
▲ 96% vs 2024
Profit after tax over the fiscal year.
€ 6.2 million
▲ 21% 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 € 34.1 million.
People and assets in 2025
101.3
▲ 9.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.1 million
▲ 19% vs 2024
€ 89,400 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.
€ 514,799
▲ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 69.1 million
▲ € 54.9 million vs 2024
€ 4.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 6.5 million
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 51 days on average.
€ 1.4 million
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 56,208,272 | € 58,251,709 | € 55,265,364 | € 60,565,419 | ▲ 10% |
| Profit after taxes | € 6,028,247 | € 5,565,064 | € 6,645,831 | € 13,047,921 | ▲ 96% |
| Equity | € 11,418,578 | € 14,483,642 | € 21,129,272 | € 34,177,193 | ▲ 62% |
| Total debts | € 31,761,505 | € 26,960,936 | € 37,302,453 | € 130,923,978 | ▲ 251% |
| Cash | € 5,407,628 | € 6,186,755 | € 5,099,542 | € 6,185,575 | ▲ 21% |
| Retained profit | € 11,356,578 | € 14,421,642 | € 21,067,272 | € 34,115,193 | ▲ 62% |
| Dividend | € 2,000,000 | € 2,500,000 | € 0 | € 0 | |
| Bank debt | € 14,320,030 | € 11,743,883 | € 14,180,353 | € 69,063,877 | ▲ € 54.9 million |
| Balance sheet total | € 43,221,899 | € 41,514,107 | € 58,549,990 | € 165,235,297 | ▲ 182% |
| Employees (FTE) | 57.1 | 80.8 | 91.7 | 101.3 | ▲ 9.6 |
Key figures of ALTEBRA, 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 ALTEBRA?
What happened at ALTEBRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sofindev Management NV stepped down as director. NBB
- Karel De Cock stepped down as director. NBB
- Sofindev VI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 13 million (▲ 96% vs 2024). Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Sofindev VI became a director. NBB
- Sofindev Management NV became a director. NBB
- Karel De Cock became a director. NBB
In short
From € 6 million profit in 2022 to € 13 million profit in 2025.
Paid € 5.4 million in corporate taxes since 2022.
Best year ever: 2025, with € 13 million profit.
Paid out € 4.5 million in dividends to the owners in total.
Management
The stake of Altenova comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALTEBRAThe shares are held by Studeco BV (100%) and Altenova (0%). It owns 100% of Altebra Sprinklertechniek BV, 100% of Altebra Waregem BV, 100% of Fire Concept NV, 100% of Altebra Sweden AB, 100% of Pyronova s.r.o. and 0% of Pyronova IS Hungária Kft itself.
Directors
According to the 2025 annual accounts
Director · represented by Sven Vandewiele
Also active at: Studeco, W.V.T. Industries, SOFINDEV IV, Sofindev IV Investments Privak, Claes Food Projects, Info Invest, ILUVIA, Mabo International +20 more
since 2025 · until 2031
Karel De Cock
Director
Also active at: BG TRADE, Studeco, FIRE CONCEPT, DC INVEST, ALTEBRA WAREGEM, Altenova
since 2025 · until 2031
Director · represented by Carlo Daelemans
Also active at: Studeco, ESIGN, VOCOM, ICTG, Christiaens, MEDIAGENIX GROUP, Claes Food Projects, ILUVIA +12 more
since 2025 · until 2031
Shareholders
100%
0%
Participations
Altebra Sprinklertechniek BV
100%
100%
100%
Altebra Sweden AB
100%
Pyronova s.r.o.
100%
Pyronova IS Hungária Kft
0%
Pyronova IS Slovakia s.r.o.
0%
Pyronova IS Romania srl
0%
Fire Concept France
0%
TOV Pironova IC Ukraïna
0%
Pyronova IS D.O.O. Veternik
0%
0%
Pyronova IS Czechia s.r.o.
0%
Establishments
Establishment units
Physical locations of this company
Hasseltkouter(Oph) 53
9500 Geraardsbergen
Van Vaerenberghstraat 61
2600 Antwerpen
Active since 1 August 2021
Donderslagweg 25
3530 Houthalen-Helchteren
Active since 1 April 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0440.797.494
- VAT number
- BE 0440.797.494
- Registered office
- Hasseltkouter(Oph) 53, 9500 Geraardsbergen
- Names & denominations
- ALTEBRA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 1990
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Sanitaire werkzaamheden
Overige bouwinstallatie
Installatie van industriële machines, toestellen en werktuigen
Reparatie en onderhoud van machines
Schrijnwerk
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Algemene elektrotechnische installatiewerken
Vervaardiging van toestellen voor het spuiten van vloeistoffen of poeder, inclusief brandblusapparaten
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