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 33 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ALMASER from Herentals, company number BE0477840311, closed financial year 2025 with a result of € 66.3 million after tax. For that financial year ALMASER recorded a gross margin of € 67.2 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € -208,755 to € 66.3 million. Profitable, and profit is growing. 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 June 18, 2026.
€ 2.2 million
▲ 54% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66.3 million
▲ still € 208,755 loss in 2024
Profit after tax over the fiscal year.
€ 221,004
▲ € 200,906 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 65.5 million paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,500
▲ 273% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,666 | € -7,611 | € -200,495 | € 67,163,215 | ▲ € 67.4 million |
| Profit after taxes | € -9,682 | € -15,786 | € -208,755 | € 66,260,069 | ▲ € 66.5 million |
| Equity | € 1,619,321 | € 1,603,536 | € 1,394,781 | € 2,154,850 | ▲ 54% |
| Total debts | € 704,697 | € 716,124 | € 720,873 | € 733,550 | ▲ 2% |
| Cash | € 20,547 | € 16,186 | € 20,098 | € 221,004 | ▲ € 200,906 |
| Retained profit | € -96,840 | € -112,625 | € -321,380 | € 438,689 | ▲ € 760,069 |
| Dividend | € 0 | € 0 | € 0 | € 65,500,000 | |
| Balance sheet total | € 2,324,018 | € 2,319,660 | € 2,115,654 | € 3,837,907 | ▲ 81% |
Key figures of ALMASER, 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 ALMASER?
What happened at ALMASER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 66.3 million. Source: NBB ↗
- Carl Van Hool became a director. NBB
- New establishment in Herentals. KBO
- Start of the company according to the CBE. KBO
- Isabelle Van Hool became a director. NBB
In short
From € 9,682 loss in 2022 to € 66.3 million profit in 2025.
Best year ever: 2025, with € 66.3 million profit.
Paid out € 65.5 million in dividends to the owners in total.
Management
The stake of SUSTINVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALMASERBehind ALMASER are Carl Van Hool and Isabelle Van Hool. The shares are held by SUSTINVEST (24.2%).
Directors
According to the 2025 annual accounts
Carl Van Hool
Director
Also active at: VEHTEC, NAVILION, XenomatiX, ADMINISTRATIEKANTOOR SEPTENTRIO, Dagda Ventures, BELAERO, SAY IT Labs, ALFINEON +1 more
since 2007
Isabelle Van Hool
Director
Also active at: Primmo, SNEYDERS, PROJECT PACKAGING SYSTEMS, NAVILION, ALFINEON
since 2002
Shareholders
24.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Notelarenlaan(HRT) 16 box A
2200 Herentals
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 →ASED
€ 267,770 gross margin · 2025
FLS COMPANY BELGIUM
€ 324,470 gross margin · 2025
ADVIESBUREAU VOOR FISCALITEIT EN ACCOUNTANCY
€ 210,257 gross margin · 2025
NAVILION same network
€ -356,286 gross margin · 2025
PLAZIMMO
€ 5,310 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.
Details
- Company number
- 0477.840.311
- VAT number
- BE 0477.840.311
- Registered office
- Notelarenlaan(HRT) 16 bus A, 2200 Herentals
- Names & denominations
- ALMASER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2002
- Peppol
- Not registered