Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 31.2 to 25.4.
Financials
Financial year 2025
ALTO SERVICES from Grâce-Hollogne, company number BE0453480740, closed financial year 2025 with a result of € 17,880 after tax. For that financial year ALTO SERVICES recorded revenue of € 5.1 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 50,586 to € 17,880. 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 1, 2026.
€ 1.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,880
▼ 65% vs 2024
Profit after tax over the fiscal year.
€ 196,483
▲ 15% 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 € 1.5 million.
People and assets in 2025
25.4
▼ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▼ 3% vs 2024
€ 50,800 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.
€ 974,881
▲ € 757,190 vs 2024
Of which on lease € 826,289.
Debts at end 2025
€ 863,505
▲ 243% vs 2024
€ 142,744 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.1 million
▲ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 105 days on average.
€ 157,723
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,817,082 | € 7,381,503 | € 5,798,522 | € 5,089,597 | ▼ 12% |
| Profit after taxes | € 53,967 | € 58,264 | € 50,586 | € 17,880 | ▼ 65% |
| Equity | € 1,467,534 | € 1,525,798 | € 1,576,383 | € 1,594,263 | ▲ 1% |
| Total debts | € 2,604,846 | € 1,563,614 | € 977,487 | € 2,145,346 | ▲ 119% |
| Cash | € 342,540 | € 292,036 | € 170,775 | € 196,483 | ▲ 15% |
| Land & buildings | € 263,857 | € 246,534 | € 237,441 | € 219,521 | ▼ 8% |
| Retained profit | € 1,405,534 | € 1,463,798 | € 1,514,383 | € 1,532,263 | ▲ 1% |
| Bank debt | € 1,833,164 | € 838,027 | € 251,846 | € 863,505 | ▲ 243% |
| Balance sheet total | € 4,072,380 | € 3,089,411 | € 2,553,870 | € 3,739,609 | ▲ 46% |
| Employees (FTE) | 32.1 | 31.2 | 28.3 | 25.4 | ▼ 2.9 |
Key figures of ALTO SERVICES, 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 ALTO SERVICES?
What happened at ALTO SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VTV INVEST SA stepped down as director. NBB
- VANESSA TODARELLO stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 17,880 (▼ 65% vs 2024). Source: NBB ↗
- VTV INVEST SA became a director. NBB
- VANESSA TODARELLO became a director. NBB
- New establishment in Grâce-Hollogne. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,967 profit in 2022 to € 17,880 profit in 2025.
Paid € 88,024 in corporate taxes since 2022.
Best year ever: 2023, with € 58,264 profit.
Pays suppliers within 105 days on average.
Management
The stake of VTV INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALTO SERVICESThe shares are held by VTV INVEST (99.2%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Shareholders
99.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de l'Informatique 2
4460 Grâce-Hollogne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →AFERVA same network
€ 490,557 gross margin · 2025
Alto unit
ALMA IMMO same network
€ 26,180 gross margin · 2025
AFERCO
ALTO ALU
€ 128,133 gross margin · 2025
+1 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
- 0453.480.740
- VAT number
- BE 0453.480.740
- Registered office
- Rue de l'Informatique 2, 4460 Grâce-Hollogne
- Names & denominations
- ALTO SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 September 1994
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Vervaardiging van deuren en vensters van kunststof
Vervaardiging van kunststofelementen voor de bouw
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in bouwmaterialen, algemeen assortiment