Active · per the CBE, 29 October 2026
ALTHAEA DEVELOPMENT logo

ALTHAEA DEVELOPMENT

BE0447698253

Rechtspersoon Public limited company 1 establishment

ALTHAEA DEVELOPMENT is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 26 June 1992, 1 establishment.

Rue Louis Taburiaux 7, 1472 Genappe althaeadevelopment.com

Active for

34 year, 4 months

Financials

Financial year 2025

ALTHAEA DEVELOPMENT from Genappe, company number BE0447698253, closed financial year 2025 with a result of € 87,965 after tax. For that financial year ALTHAEA DEVELOPMENT recorded a gross margin of € 180,407 and equity of € 572,837. Compared with financial year 2024, the result moved from € 48,097 to € 87,965. Profitable, and profit is growing. 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 January 29, 2026.

What it is worth Growing

€ 572,837

▲ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 87,965

▲ 83% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 149,966

▲ 85% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 67,831 paid out

77 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 33,467

▼ 39% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 43,901

▼ 22% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 4,328

▼ 47% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 29,363

▲ 2% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 158,445 € 158,233 € 191,030 € 180,407 ▼ 6%
Profit after taxes € 58,410 € 82,682 € 48,097 € 87,965 ▲ 83%
Equity € 440,867 € 523,550 € 552,702 € 572,837 ▲ 4%
Total debts € 103,474 € 111,241 € 116,422 € 149,351 ▲ 28%
Cash € 85,578 € 95,535 € 81,048 € 149,966 ▲ 85%
Retained profit € 379,367 € 462,050 € 491,202 € 511,337 ▲ 4%
Dividend € 16,683 € 0 € 18,945 € 67,831 ▲ 258%
Bank debt € 35,779 € 65,678 € 56,590 € 43,901 ▼ 22%
Balance sheet total € 883,288 € 973,737 € 1,008,071 € 1,061,134 ▲ 5%

Key figures of ALTHAEA DEVELOPMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to ALTHAEA DEVELOPMENT?

What happened at ALTHAEA DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • GAETAN HOUET stepped down as director. NBB
  • Marie-Francoise WILLEMS stepped down as director. NBB
  • André-Yves HOUET stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 87,965 (▲ 83% vs 2024). Source: NBB ↗
  • GAETAN HOUET became a director. NBB
  • Marie-Francoise WILLEMS became a director. NBB
  • André-Yves HOUET became a director. NBB
  • New establishment in Genappe. KBO

In short

From € 58,410 profit in 2022 to € 87,965 profit in 2025.

Paid € 193,712 in corporate taxes since 2022.

Best year ever: 2025, with € 87,965 profit.

Paid out € 103,459 in dividends to the owners in total.

Management

Directors

According to the 2025 annual accounts

GAETAN HOUET

Director

since 2021 · until 2026

Marie-Francoise WILLEMS

Director

since 2021 · until 2026

André-Yves HOUET

Managing director

since 2021 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Louis Taburiaux 7

1472 Genappe

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

Google Analytics

Hosting & Email

Email provider

OVH Mail

Hosting

OVH, FR

DNS

OVH DNS

Domain

Domain

althaeadevelopment.com

Registered

2009-01-20

Registrar

OVH sas

Expires

2028-01-20

Website info

HTTPS Ja
Copyright 2008

Features

Contact page

Security

✓ HTTPS
✓ SPF
✗ DMARC

Details

Company number
0447.698.253
VAT number
BE 0447.698.253
Registered office
Rue Louis Taburiaux 7, 1472 Genappe
Names & denominations
ALTHAEA DEVELOPMENT
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
26 June 1992
Peppol
Active · Active since 17 Dec 2025
Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Frequently asked questions

What does ALTHAEA DEVELOPMENT do?
ALTHAEA DEVELOPMENT is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 26 June 1992, 1 establishment.
What is the address of ALTHAEA DEVELOPMENT?
The registered office of ALTHAEA DEVELOPMENT is located at Rue Louis Taburiaux 7, 1472 Genappe.
Is ALTHAEA DEVELOPMENT still active?
Yes. According to the CBE (29 October 2026) ALTHAEA DEVELOPMENT is active, legal situation “Normale toestand”, started on 26 June 1992.
Is ALTHAEA DEVELOPMENT registered on Peppol?
Yes, ALTHAEA DEVELOPMENT is registered on the Peppol network with ID 0208:0447698253.
What is the enterprise number of ALTHAEA DEVELOPMENT?
The enterprise number of ALTHAEA DEVELOPMENT is BE0447698253.
When was ALTHAEA DEVELOPMENT founded?
ALTHAEA DEVELOPMENT was founded on 26 June 1992.