Financials
Financial year 2025
ALTEZ from Tielt, company number BE0452418589, closed financial year 2025 with a result of € 1 million after tax. For that financial year ALTEZ recorded revenue of € 106.8 million and equity of € 9.8 million. Compared with financial year 2024, the result moved from € 1.4 million to € 1 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 28, 2026.
€ 9.8 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 3 million
▼ 18% 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 € 9.2 million.
People and assets in 2025
135.8
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.7 million
▲ 3% vs 2024
€ 86,500 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.
€ 773,871
▲ 81% vs 2024
Of which on lease € 369,671.
Debts at end 2025
€ 1.9 million
▼ 24% vs 2024
€ 660,196 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14.9 million
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 2.3 million
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 105,561,926 | € 107,600,204 | € 93,015,588 | € 106,800,931 | ▲ 15% |
| Profit after taxes | € 87,625 | € 1,259,499 | € 1,384,087 | € 1,013,540 | ▼ 27% |
| Equity | € 6,105,450 | € 7,364,949 | € 8,749,036 | € 9,762,576 | ▲ 12% |
| Total debts | € 25,066,589 | € 24,587,506 | € 24,963,634 | € 26,845,795 | ▲ 8% |
| Cash | € 3,300,281 | € 2,996,578 | € 3,671,293 | € 3,023,249 | ▼ 18% |
| Land & buildings | € 66,070 | € 110,395 | € 98,746 | € 87,096 | ▼ 12% |
| Retained profit | € 5,544,021 | € 6,803,520 | € 8,187,607 | € 9,201,147 | ▲ 12% |
| Bank debt | € 2,763,068 | € 3,050,284 | € 2,546,092 | € 1,942,912 | ▼ 24% |
| Balance sheet total | € 31,210,639 | € 32,114,890 | € 33,930,898 | € 36,711,205 | ▲ 8% |
| Employees (FTE) | 137.4 | 140.1 | 137.4 | 135.8 | ▼ 1.6 |
Key figures of ALTEZ, 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 ALTEZ?
What happened at ALTEZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pernebo BV stepped down as director. NBB
- Axin Capital Holding NV stepped down as director. NBB
- Bouw-Immo Advies Center BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1 million (▼ 27% vs 2024). Source: NBB ↗
- Pernebo BV became a director. NBB
- Axin Capital Holding NV became a director. NBB
- Bouw-Immo Advies Center BV became a director. NBB
- New establishment in Oudsbergen. KBO
In short
From € 87,625 profit in 2022 to € 1 million profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.4 million profit.
Pays suppliers within 57 days on average.
Management
The stake of Axin Capital Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALTEZThe shares are held by Axin Capital Holding (100%). It owns 100% of Aalter Invest NV and 25% of LG-beton itself.
Directors
According to the 2025 annual accounts
Director · represented by Geert Perneel
Also active at: LG-BETON, AALTER INVEST, MECO METAL, Ax3 Invest, Axin Capital Holding
since 2023 · until 2029
Managing director · represented by Johan Colpaert
Also active at: LG-BETON, AALTER INVEST, M.M.T., MECO METAL
since 2023 · until 2029
Director · represented by Dirk Huyghe
Also active at: LG-BETON, AALTER INVEST, M.M.T., MECO METAL, Ax3 Invest, Axin Capital Holding
since 2023 · until 2029
Shareholders
100%
Participations
100%
25%
Establishments
Establishment units
Physical locations of this company
Szamotulystraat 5
8700 Tielt
Weg op Bree 125
3670 Oudsbergen
Active since 1 February 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →AALTER INVEST same network
€ 7,984 revenue · 2025
M.M.T. same network
€ 1.7 million revenue · 2025
R - CORPORATION
€ 54,897 gross margin · 2025
Axin Group
AXPROMO
€ -7,524 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
altez.eu
Registrar
Combell NV
Website info
Features
Security
Network
Details
- Company number
- 0452.418.589
- VAT number
- BE 0452.418.589
- Registered office
- Szamotulystraat 5, 8700 Tielt
- Names & denominations
- ALTEZ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 1994
- Peppol
- Active · Active since 2 Jan 2026
- Contact
- altez.eu
- Activities · NACE
Algemene bouw van andere niet-residentiële gebouwen
Optrekken van gebouwen voor industrieel of commercieel gebruik, voor landbouwdoeleinden, enz.
Groothandel in bouwmaterialen, algemeen assortiment
Algemene bouw van residentiële gebouwen
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Optrekken van andere residentiële gebouwen en van kantoorgebouwen
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
+1