What is the address of ALPHAR HEUSY?

The registered office of ALPHAR HEUSY is located at Rue des Chèvrefeuilles 16, 4052 Chaudfontaine.

Is ALPHAR HEUSY still active?

Yes. According to the CBE (31 October 2026) ALPHAR HEUSY is active, legal situation “Normale toestand”, started on 28 August 2002.

Is ALPHAR HEUSY registered on Peppol?

Yes, ALPHAR HEUSY is registered on the Peppol network with ID 0208:0478219304.

What is the enterprise number of ALPHAR HEUSY?

The enterprise number of ALPHAR HEUSY is BE0478219304.

When was ALPHAR HEUSY founded?

ALPHAR HEUSY was founded on 28 August 2002.

Who are the directors of ALPHAR HEUSY?

According to the 2025 annual accounts, the directors of ALPHAR HEUSY are: Jean-Luc MURI, Karin VAN LINTHOUT.

Is ALPHAR HEUSY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 August 2002; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did ALPHAR HEUSY make in 2025?

ALPHAR HEUSY posted a profit after taxes of € 539,358 in financial year 2025.

What is the revenue of ALPHAR HEUSY?

As a small company, ALPHAR HEUSY is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 802,700.

How many employees does ALPHAR HEUSY have?

According to the 2025 annual accounts, ALPHAR HEUSY has 0 full-time equivalents (FTE).

ALPHAR HEUSY (Public Limited) - Chaudfontaine

Q: What does ALPHAR HEUSY do?

ALPHAR HEUSY is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 28 August 2002, 1 establishment.

Dossier ALPHAR HEUSY, printed on 31 October 2026 from databakkes.be/en/0478219304/alphar-heusy. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ALPHAR HEUSY from Chaudfontaine, company number BE0478219304, closed financial year 2025 with a result of € 539,358 after tax. For that financial year ALPHAR HEUSY recorded a gross margin of € 802,700 and equity of € 4.5 million. Compared with financial year 2024, the result moved from € -16,699 to € 539,358. 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 March 17, 2026.

What it is worth Growing

€ 4.5 million

▲ 14% vs 2024

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

Profit Growing

€ 539,358

▲ still € 16,699 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.1 million

▼ 26% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 4.3 million.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 14,474

▼ 34% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 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.

€ 154,057

▼ 16% vs 2024

€ 29,708 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 13,257

▲ € 12,052 vs 2024

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

Taxes

€ 12,420

▼ 8% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 43,912 Gross margin 2022: € 43,912 First fiscal year in the series	€ 26,308 Gross margin 2023: € 26,308 ▼ 40% vs 2022 (€ 43,912) Unfavourable step	€ 51,071 Gross margin 2024: € 51,071 ▲ 94% vs 2023 (€ 26,308) Favourable step	€ 802,700 Gross margin 2025: € 802,700 ▲ € 751,628 vs 2024 (€ 51,071) Favourable step	▲ € 751,628
Profit after taxes	€ 417,634 Profit after taxes 2022: € 417,634 First fiscal year in the series	€ -42,474 Profit after taxes 2023: € -42,474 ▼ € 460,107 vs 2022 (€ 417,634) Unfavourable step	€ -16,699 Profit after taxes 2024: € -16,699 ▲ € 25,775 vs 2023 (€ -42,474) Favourable step	€ 539,358 Profit after taxes 2025: € 539,358 ▲ € 556,056 vs 2024 (€ -16,699) Favourable step	▲ € 556,056
Equity	€ 4,377,915 Equity 2022: € 4,377,915 First fiscal year in the series	€ 4,335,441 Equity 2023: € 4,335,441 ▼ 1% vs 2022 (€ 4,377,915) Unfavourable step	€ 3,968,742 Equity 2024: € 3,968,742 ▼ 8% vs 2023 (€ 4,335,441) Unfavourable step	€ 4,508,100 Equity 2025: € 4,508,100 ▲ 14% vs 2024 (€ 3,968,742) Favourable step	▲ 14%
Total debts	€ 319,734 Total debts 2022: € 319,734 First fiscal year in the series	€ 224,218 Total debts 2023: € 224,218 ▼ 30% vs 2022 (€ 319,734) Favourable step	€ 201,990 Total debts 2024: € 201,990 ▼ 10% vs 2023 (€ 224,218) Favourable step	€ 188,297 Total debts 2025: € 188,297 ▼ 7% vs 2024 (€ 201,990) Favourable step	▼ 7%
Cash	€ 1,499,032 Cash 2022: € 1,499,032 First fiscal year in the series	€ 1,583,796 Cash 2023: € 1,583,796 ▲ 6% vs 2022 (€ 1,499,032) Favourable step	€ 1,434,869 Cash 2024: € 1,434,869 ▼ 9% vs 2023 (€ 1,583,796) Unfavourable step	€ 1,057,283 Cash 2025: € 1,057,283 ▼ 26% vs 2024 (€ 1,434,869) Unfavourable step	▼ 26%
Land & buildings	€ 420,835 Land & buildings 2022: € 420,835 First fiscal year in the series	€ 379,762 Land & buildings 2023: € 379,762 ▼ 10% vs 2022 (€ 420,835) Unchanged	€ 342,716 Land & buildings 2024: € 342,716 ▼ 10% vs 2023 (€ 379,762) Unchanged	€ 1,431,750 Land & buildings 2025: € 1,431,750 ▲ € 1.1 million vs 2024 (€ 342,716) Unchanged	▲ € 1.1 million
Retained profit	€ 4,127,915 Retained profit 2022: € 4,127,915 First fiscal year in the series	€ 4,085,441 Retained profit 2023: € 4,085,441 ▼ 1% vs 2022 (€ 4,127,915) Unfavourable step	€ 3,718,742 Retained profit 2024: € 3,718,742 ▼ 9% vs 2023 (€ 4,085,441) Unfavourable step	€ 4,258,100 Retained profit 2025: € 4,258,100 ▲ 15% vs 2024 (€ 3,718,742) Favourable step	▲ 15%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 350,000 Dividend 2024: € 350,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 350,000) Unchanged	▼ 100%
Bank debt	€ 239,998 Bank debt 2022: € 239,998 First fiscal year in the series	€ 211,872 Bank debt 2023: € 211,872 ▼ 12% vs 2022 (€ 239,998) Favourable step	€ 183,228 Bank debt 2024: € 183,228 ▼ 14% vs 2023 (€ 211,872) Favourable step	€ 154,057 Bank debt 2025: € 154,057 ▼ 16% vs 2024 (€ 183,228) Favourable step	▼ 16%
Balance sheet total	€ 4,697,649 Balance sheet total 2022: € 4,697,649 First fiscal year in the series	€ 4,559,660 Balance sheet total 2023: € 4,559,660 ▼ 3% vs 2022 (€ 4,697,649) Unchanged	€ 4,170,732 Balance sheet total 2024: € 4,170,732 ▼ 9% vs 2023 (€ 4,559,660) Unchanged	€ 4,863,909 Balance sheet total 2025: € 4,863,909 ▲ 17% vs 2024 (€ 4,170,732) Unchanged	▲ 17%

Key figures of ALPHAR HEUSY, 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 ALPHAR HEUSY?

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

2026 Jean-Luc MURI stepped down as director. NBB
2026 Karin VAN LINTHOUT stepped down as director. NBB
Mar 17, 2026 New annual accounts for financial year 2025: profit of € 539,358. Source: NBB ↗
2015 Jean-Luc MURI became a director. NBB
2014 Karin VAN LINTHOUT became a director. NBB
Jan 30, 2003 New establishment in Chaudfontaine. KBO
Aug 28, 2002 Start of the company according to the CBE. KBO

In short

From € 417,634 profit in 2022 to € 539,358 profit in 2025.

Paid € 45,536 in corporate taxes since 2022.

Best year ever: 2025, with € 539,358 profit.

Paid out € 350,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

ALPHAR HEUSY

MANAGEMENT ASSOCIATES INTERNATIONAL 99.9%

COMPAGNIE COMMERCIALE DE DISTRIBUTION AFRICAINE 60%

It owns 99.9% of MANAGEMENT ASSOCIATES INTERNATIONAL and 60% of COMPAGNIE COMMERCIALE DE DISTRIBUTION AFRICAINE itself.

Directors

According to the 2025 annual accounts

Jean-Luc MURI

Managing director

Also active at: MANAGEMENT ASSOCIATES INTERNATIONAL, Compagnie Commerciale de Distribution Africaine

since 2015 · until 2026

Karin VAN LINTHOUT

Director

Also active at: MANAGEMENT ASSOCIATES INTERNATIONAL, Compagnie Commerciale de Distribution Africaine

since 2014 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Rue des Chèvrefeuilles 16

4052 Chaudfontaine

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

MANAGEMENT ASSOCIATES INTERNATIONAL same network

€ -21,361 gross margin · 2025

Compagnie Commerciale de Distribution Africaine same network

€ 1.4 million gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0478.219.304

VAT number

BE 0478.219.304

Registered office

Rue des Chèvrefeuilles 16, 4052 Chaudfontaine

Names & denominations

ALPHAR HEUSY

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 August 2002

Peppol

Active · Active since 24 Oct 2025

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

ALPHAR HEUSY

Financials

What happened to ALPHAR HEUSY?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions