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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Alvano from Sint-Martens-Latem, company number BE0447636588, closed financial year 2025 with a result of € 22,378 after tax. For that financial year Alvano recorded a gross margin of € 88,968 and equity of € 477,797. Compared with financial year 2024, the result moved from € 24,450 to € 22,378. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 477,797
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,378
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 8,265
▼ 46% 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 € 438,630.
Debts at end 2025
€ 205,085
▼ 24% vs 2024
€ 69,727 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 10,242
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,787
▼ 63% 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 | € 78,533 | € 85,163 | € 95,692 | € 88,968 | ▼ 7% |
| Profit after taxes | € 13,283 | € 9,957 | € 24,450 | € 22,378 | ▼ 8% |
| Equity | € 421,012 | € 430,970 | € 455,420 | € 477,797 | ▲ 5% |
| Total debts | € 591,439 | € 561,174 | € 507,478 | € 440,215 | ▼ 13% |
| Cash | € 9,743 | € 7,312 | € 15,282 | € 8,265 | ▼ 46% |
| Land & buildings | € 1,145,108 | € 1,121,522 | € 1,078,363 | € 1,034,555 | ▼ 4% |
| Retained profit | € 381,845 | € 391,802 | € 416,252 | € 438,630 | ▲ 5% |
| Bank debt | € 402,422 | € 337,514 | € 271,056 | € 205,085 | ▼ 24% |
| Balance sheet total | € 1,155,685 | € 1,129,471 | € 1,094,318 | € 1,043,526 | ▼ 5% |
Key figures of Alvano, 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 Alvano?
What happened at Alvano in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,378 (▼ 8% vs 2024). Source: NBB ↗
- Johan Van Overberghe became a director. NBB
- Isabelle Albers became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,283 profit in 2022 to € 22,378 profit in 2025.
Paid € 36,397 in corporate taxes since 2022.
Best year ever: 2024, with € 24,450 profit.
Management
Behind Alvano are Johan Van Overberghe and Isabelle Albers. Johan Van Overberghe is also behind Woonzorgcentrum Veilige Have, Veilige Have Zelzate vzw, Woonzorgcentrum Zilverbos, Hotel Den Briel and Villa Haletra. Isabelle Albers is also behind JO VAN OVERBERGHE.
Directors
According to the 2025 annual accounts
Johan Van Overberghe
Director
Also active at: Woonzorgcentrum Veilige Have, Veilige Have Zelzate vzw, Woonzorgcentrum Zilverbos, Hotel Den Briel, Villa Haletra
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Kapitteldreef 72
9830 Sint-Martens-Latem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.636.588
- VAT number
- BE 0447.636.588
- Registered office
- Kapitteldreef 72, 9830 Sint-Martens-Latem
- Names & denominations
- Alvano
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 1992
- Peppol
- Active · Active since 30 Jan 2025