ALTO is a clothing shop in Ternat. Public Limited, started on 22 December 1995, 3 establishments.

What is the address of ALTO?

The registered office of ALTO is located at Assesteenweg 96, 1740 Ternat.

Is ALTO still active?

Yes. According to the CBE (30 October 2026) ALTO is active, legal situation “Normale toestand”, started on 22 December 1995.

Is ALTO registered on Peppol?

Yes, ALTO is registered on the Peppol network with ID 0208:0456851192.

What is the enterprise number of ALTO?

The enterprise number of ALTO is BE0456851192.

When was ALTO founded?

ALTO was founded on 22 December 1995.

Who are the directors of ALTO?

According to the 2024 annual accounts, the directors of ALTO are: GAB MANAGEMENT BV.

Is ALTO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 December 1995; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account; 3 establishments in the CBE.

How much profit did ALTO make in 2024?

ALTO posted a profit after taxes of € 172,881 in financial year 2024.

What is the revenue of ALTO?

In its most recent annual accounts (2024), ALTO reported revenue of € 376,739.

How much does an employee at ALTO earn?

The average wage cost per full-time employee at ALTO was € 0 in 2022: staff costs of € 151,441 for 151,441 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

ALTO (Public Limited) - Ternat - BE0456851192

Dossier ALTO, printed on 30 October 2026 from databakkes.be/en/0456851192/alto. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 37 % of short-term debt in 2024; threshold 65 %.
Busy address KBO

19 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2024

ALTO from Ternat, company number BE0456851192, closed financial year 2024 with a result of € 172,881 after tax. For that financial year ALTO recorded revenue of € 376,739 and equity of € -1.7 million. Compared with financial year 2023, the result moved from € -1.5 million to € 172,881. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 27, 2025.

What it is worth Caution

€ -1.7 million

▲ € 172,881 vs 2023

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

Profit Growing

€ 172,881

▲ still € 1.5 million loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 568

▼ 99% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € -2.1 million.

People and assets in 2024

Vehicles and equipment

€ 484,239

▼ 9% vs 2023

Of which on lease € 484,157.

Debts at end 2024

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 637,452

▼ 18% vs 2023

€ 56,478 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 565,086

▼ 34% vs 2023

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

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Revenue	€ 1,340,608 Revenue 2021: € 1,340,608 First fiscal year in the series	€ 1,190,558 Revenue 2022: € 1,190,558 ▼ 11% vs 2021 (€ 1,340,608) Unfavourable step	€ 1,616,547 Revenue 2023: € 1,616,547 ▲ 36% vs 2022 (€ 1,190,558) Favourable step	€ 376,739 Revenue 2024: € 376,739 ▼ 77% vs 2023 (€ 1,616,547) Unfavourable step	▼ 77%
Gross margin	€ 192,859 Gross margin 2021: € 192,859 First fiscal year in the series	€ -22,422 Gross margin 2022: € -22,422 ▼ € 215,281 vs 2021 (€ 192,859) Unfavourable step	€ 280,335 Gross margin 2023: € 280,335 ▲ € 302,756 vs 2022 (€ -22,422) Favourable step	€ 174,733 Gross margin 2024: € 174,733 ▼ 38% vs 2023 (€ 280,335) Unfavourable step	▼ 38%
Profit after taxes	€ -143,291 Profit after taxes 2021: € -143,291 First fiscal year in the series	€ -239,741 Profit after taxes 2022: € -239,741 ▼ € 96,450 vs 2021 (€ -143,291) Unfavourable step	€ -1,534,193 Profit after taxes 2023: € -1,534,193 ▼ € 1.3 million vs 2022 (€ -239,741) Unfavourable step	€ 172,881 Profit after taxes 2024: € 172,881 ▲ € 1.7 million vs 2023 (€ -1,534,193) Favourable step	▲ € 1.7 million
Equity	€ -73,308 Equity 2021: € -73,308 First fiscal year in the series	€ -313,050 Equity 2022: € -313,050 ▼ € 239,742 vs 2021 (€ -73,308) Unfavourable step	€ -1,847,243 Equity 2023: € -1,847,243 ▼ € 1.5 million vs 2022 (€ -313,050) Unfavourable step	€ -1,674,362 Equity 2024: € -1,674,362 ▲ € 172,881 vs 2023 (€ -1,847,243) Favourable step	▲ € 172,881
Total debts	€ 2,303,586 Total debts 2021: € 2,303,586 First fiscal year in the series	€ 2,487,641 Total debts 2022: € 2,487,641 ▲ 8% vs 2021 (€ 2,303,586) Unfavourable step	€ 2,921,804 Total debts 2023: € 2,921,804 ▲ 17% vs 2022 (€ 2,487,641) Unfavourable step	€ 2,538,235 Total debts 2024: € 2,538,235 ▼ 13% vs 2023 (€ 2,921,804) Favourable step	▼ 13%
Cash	€ 48,657 Cash 2021: € 48,657 First fiscal year in the series	€ 38,771 Cash 2022: € 38,771 ▼ 20% vs 2021 (€ 48,657) Unfavourable step	€ 85,799 Cash 2023: € 85,799 ▲ 121% vs 2022 (€ 38,771) Favourable step	€ 568 Cash 2024: € 568 ▼ 99% vs 2023 (€ 85,799) Unfavourable step	▼ 99%
Retained profit	€ -451,176 Retained profit 2021: € -451,176 First fiscal year in the series	€ -690,917 Retained profit 2022: € -690,917 ▼ € 239,742 vs 2021 (€ -451,176) Unfavourable step	€ -2,225,111 Retained profit 2023: € -2,225,111 ▼ € 1.5 million vs 2022 (€ -690,917) Unfavourable step	€ -2,052,230 Retained profit 2024: € -2,052,230 ▲ € 172,881 vs 2023 (€ -2,225,111) Favourable step	▲ € 172,881
Bank debt	€ 901,116 Bank debt 2021: € 901,116 First fiscal year in the series	€ 823,272 Bank debt 2022: € 823,272 ▼ 9% vs 2021 (€ 901,116) Favourable step	€ 775,685 Bank debt 2023: € 775,685 ▼ 6% vs 2022 (€ 823,272) Favourable step	€ 637,452 Bank debt 2024: € 637,452 ▼ 18% vs 2023 (€ 775,685) Favourable step	▼ 18%
Balance sheet total	€ 2,230,278 Balance sheet total 2021: € 2,230,278 First fiscal year in the series	€ 2,174,591 Balance sheet total 2022: € 2,174,591 ▼ 2% vs 2021 (€ 2,230,278) Unchanged	€ 1,074,561 Balance sheet total 2023: € 1,074,561 ▼ 51% vs 2022 (€ 2,174,591) Unchanged	€ 863,873 Balance sheet total 2024: € 863,873 ▼ 20% vs 2023 (€ 1,074,561) Unchanged	▼ 20%
Employees (FTE)	6.3 Employees (FTE) 2021: 6.3 First fiscal year in the series	151,441 Employees (FTE) 2022: 151,441 ▲ 151,434.7 vs 2021 (6.3) Unchanged	-	-

Key figures of ALTO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to ALTO?

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

Nov 27, 2025 New annual accounts for financial year 2024: profit of € 172,881. filed late Source: NBB ↗
Sep 1, 2017 New establishment in Ternat. KBO
Jan 1, 2014 New establishment in Ternat. KBO
Aug 1, 2005 New establishment in Halle. KBO
Dec 22, 1995 Start of the company according to the CBE. KBO

In short

From € 143,291 loss in 2021 to € 172,881 profit in 2024.

Paid € 1,351 in corporate taxes since 2021.

Best year ever: 2024, with € 172,881 profit.

On average € 30,600 of value added per employee in 2021.

Original PDFs at the National Bank ↗

Management

G.A.B.CONTROLE HOLDING 99%

The stake of G.A.B.CONTROLE HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ALTO

Behind ALTO is GAB MANAGEMENT BV. The shares are held by G.A.B.CONTROLE HOLDING (99%).

Directors

According to the 2024 annual accounts

GAB MANAGEMENT BV

Managing director · represented by Alain BROEKAERT

Also active at: DERBYTT, ALBRO, SCARF, GROEP BROEKAERT Alain, ALSPABRO, SWEET COTTON, G.A.B.CONTROLE HOLDING

Shareholders

G.A.B.CONTROLE HOLDING

99%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Assesteenweg 96

1740 Ternat

2.148.034.514

Melkstraat 8/10

1500 Halle

Active since 1 August 2005

2.235.554.842

Assesteenweg 96.

1740 Ternat

Active since 1 January 2014

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.

All companies at this address →

PVH BELGIUM

ALBRO same network

€ 2.4 million revenue · 2024

GROEP BROEKAERT Alain same network

€ 2.4 million revenue · 2024

GAB International

€ 11.7 million revenue · 2024

ALBRI

€ 1.1 million revenue · 2024

+14 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

0456.851.192

VAT number

BE 0456.851.192

Registered office

Assesteenweg 96, 1740 Ternat

Names & denominations

ALTO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

22 December 1995

Peppol

Active · Active since 5 Aug 2026

Activities · NACE

Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)

Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)

Groothandel in kleding, met uitzondering van werk- en onderkleding

Groothandel in kleding, kledingtoebehoren en bontartikelen

View on CBE Public ↗ Annual accounts (NBB) ↗

ALTO

Warning lights

Financials

What happened to ALTO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions