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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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ALTRAD BENELUX from Boortmeerbeek, company number BE0468106261, closed financial year 2025 with a result of € 556,271 after tax. For that financial year ALTRAD BENELUX recorded revenue of € 22.6 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 1.6 million to € 556,271. 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 March 3, 2026.
€ 3.9 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 556,271
▼ 65% vs 2024
Profit after tax over the fiscal year.
€ 88,889
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 502,000 paid out
90 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
21.5
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 5% vs 2024
€ 74,200 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.
€ 78,098
▲ 112% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4.2 million
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 84 days on average.
€ 1.4 million
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,423,168 | € 18,906,513 | € 23,722,965 | € 22,636,202 | ▼ 5% |
| Profit after taxes | € 1,754,040 | € 1,504,676 | € 1,569,353 | € 556,271 | ▼ 65% |
| Equity | € 9,294,898 | € 10,799,574 | € 3,868,927 | € 3,923,198 | ▲ 1% |
| Total debts | € 5,407,831 | € 6,926,881 | € 14,892,628 | € 6,090,293 | ▼ 59% |
| Cash | € 178,135 | € 265,644 | € 137,611 | € 88,889 | ▼ 35% |
| Retained profit | € 9,112,898 | € 10,617,574 | € 3,686,927 | € 3,741,198 | ▲ 1% |
| Dividend | € 0 | € 0 | € 8,500,000 | € 502,000 | ▼ 94% |
| Balance sheet total | € 14,703,729 | € 17,728,455 | € 18,763,554 | € 10,013,491 | ▼ 47% |
| Employees (FTE) | 25.1 | 23.7 | 22.2 | 21.5 | ▼ 0.7 |
Key figures of ALTRAD BENELUX, 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 March 2027.
What happened to ALTRAD BENELUX?
What happened at ALTRAD BENELUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 556,271 (▼ 65% vs 2024). Source: NBB ↗
- HABX BV stepped down as director. NBB
- WFM BV stepped down as director. NBB
- HABX BV became a director. NBB
- WFM BV became a director. NBB
- New establishment in Boortmeerbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.8 million profit in 2022 to € 556,271 profit in 2025.
Paid € 2.1 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.8 million profit.
Paid out € 9 million in dividends to the owners in total.
Management
Establishments
Establishment units
Physical locations of this company
Industrieweg 11
3190 Boortmeerbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0468.106.261
- VAT number
- BE 0468.106.261
- Registered office
- Industrieweg 11, 3190 Boortmeerbeek
- Names & denominations
- ALTRAD BENELUX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 1999
- Peppol
- Active · Active since 15 Dec 2025
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