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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Shrinking team NBB
FTE fell two years in a row, from 23.5 to 9.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ALTRO FINANCIAL SOLUTIONS from Ottignies-Louvain-la-Neuve, company number BE0451832334, closed financial year 2025 with a result of € 156,104 after tax. For that financial year ALTRO FINANCIAL SOLUTIONS recorded a gross margin of € 3.5 million and equity of € 63,791. Compared with financial year 2024, the result moved from € -358,340 to € 156,104. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 63,791
▲ € 156,104 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 156,104
▲ still € 358,340 loss in 2024
Profit after tax over the fiscal year.
€ 16,227
▲ 43% 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 € -41,801.
People and assets in 2025
9
▼ 12.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 929,341
▼ 46% vs 2024
€ 103,300 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.
€ 44,938
▼ 61% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 242,067
▼ 89% vs 2024
Loans from banks and other lenders, long and short.
€ 200,411
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 521,624
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,538,539 | € 2,338,064 | € 1,935,438 | € 3,484,202 | ▲ 80% |
| Profit after taxes | € -77,837 | € -141,158 | € -358,340 | € 156,104 | ▲ € 514,444 |
| Equity | € 407,185 | € 266,027 | € -92,313 | € 63,791 | ▲ € 156,104 |
| Total debts | € 4,613,478 | € 4,098,287 | € 4,105,197 | € 980,354 | ▼ 76% |
| Cash | € 16,260 | € 9,732 | € 11,314 | € 16,227 | ▲ 43% |
| Land & buildings | € 758,680 | € 729,284 | € 867,661 | € 386,312 | ▼ 55% |
| Retained profit | € 301,593 | € 160,435 | € -197,905 | € -41,801 | ▲ € 156,104 |
| Bank debt | € 2,562,351 | € 2,164,280 | € 2,139,186 | € 242,067 | ▼ 89% |
| Balance sheet total | € 5,020,663 | € 4,364,315 | € 4,012,884 | € 1,044,145 | ▼ 74% |
| Employees (FTE) | 26.8 | 23.5 | 21.5 | 9 | ▼ 12.5 |
Key figures of ALTRO FINANCIAL SOLUTIONS, 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 ALTRO FINANCIAL SOLUTIONS?
What happened at ALTRO FINANCIAL SOLUTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 156,104. Source: NBB ↗
- Dominique Dejean stepped down as director. NBB
- Michael Daman stepped down as director. NBB
- Olivier Genard stepped down as director. NBB
- Olivier Genard became a director. NBB
- BV SEAR stepped down as director. NBB
- David Brisson stepped down as director. NBB
- Luc Fierens stepped down as director. NBB
In short
From € 77,837 loss in 2022 to € 156,104 profit in 2025.
Paid € 646,596 in corporate taxes since 2022.
Best year ever: 2025, with € 156,104 profit.
On average € 387,100 of value added per employee in 2025.
Management
The stake of ALTRO FINANCE & INSURANCE BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALTRO FINANCIAL SOLUTIONSThe shares are held by ALTRO FINANCE & INSURANCE BELGIUM (100%).
Directors
According to the 2025 annual accounts
Director
Also active at: Elitis Property Management, COPAWIN, PRODEFIN, Wilink Real Estate, BELINDA HOLDINGS, ALTRO FINANCE & INSURANCE BELGIUM
since 2023 · until 2026
Michael Daman
Managing director
Also active at: INSURANCE PEOPLE-HUMAN RESOURCE, MARKETING AND MANAGEMENT CONSULTANCY, VALCAM, E-Building Solutions
since 2024 · until 2026
since 2025 · until 2026
Luc Fierens
Director
since 2023 · until 2025
Director · represented by Walter Raes
since 2024 · until 2025
David Brisson
Director
since 2023 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Boulevard Baudouin 1er 25
1348 Ottignies-Louvain-la-Neuve
de Smet de Naeyerlaan 410 A
1090 Jette
Active since 4 January 2021
Schoonzichtstraat 21
9051 Gent
Active since 4 January 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →WILINK INSURANCE
€ 31.1 million revenue · 2025
BE. WAN
€ 2.4 million gross margin · 2025
INGENIA FAMILY
€ -1,127 gross margin · 2024
ELIPS BELGIUM
€ 48,240 gross margin · 2022
SOIL CAPITAL BELGIUM
€ 322,003 gross margin · 2026
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.832.334
- VAT number
- BE 0451.832.334
- Registered office
- Boulevard Baudouin 1er 25, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- ALTRO FINANCIAL SOLUTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1993
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars
Overige financiële dienstverlening, neg
Overige financiële instellingen, n.e.g.