Financials
Financial year 2025
ALTERFACE PROJECTS from Wavre, company number BE0548877270, closed financial year 2025 with a result of € 26,457 after tax. For that financial year ALTERFACE PROJECTS recorded a gross margin of € 1.6 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 42,139 to € 26,457. 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 23, 2026.
€ 1.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,457
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 92,323
▼ 62% 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 € 1.2 million.
People and assets in 2025
18.3
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 3% vs 2024
€ 76,800 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.
€ 4,580
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 306,866
▲ 104% vs 2024
Loans from banks and other lenders, long and short.
€ 657,849
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 181,870
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,160,847 | € 1,999,817 | € 1,431,574 | € 1,568,718 | ▲ 10% |
| Profit after taxes | € 102,278 | € 640,863 | € 42,139 | € 26,457 | ▼ 37% |
| Equity | € 566,105 | € 1,206,968 | € 1,249,107 | € 1,275,563 | ▲ 2% |
| Total debts | € 2,804,061 | € 3,896,832 | € 1,699,599 | € 1,171,903 | ▼ 31% |
| Cash | € 998,629 | € 532,125 | € 244,132 | € 92,323 | ▼ 62% |
| Retained profit | € 466,105 | € 1,106,968 | € 1,149,107 | € 1,175,563 | ▲ 2% |
| Bank debt | € 985,513 | € 108,864 | € 150,323 | € 306,866 | ▲ 104% |
| Balance sheet total | € 3,400,368 | € 5,148,219 | € 2,948,706 | € 2,467,589 | ▼ 16% |
| Employees (FTE) | 16 | 16.9 | 19.4 | 18.3 | ▼ 1.1 |
Key figures of ALTERFACE PROJECTS, 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 ALTERFACE PROJECTS?
What happened at ALTERFACE PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olharan stepped down as director. NBB
- Holding GeRuKo B.V. stepped down as director. NBB
- Hunter & Sable Holdings stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 26,457 (▼ 37% vs 2024). Source: NBB ↗
- Olharan became a director. NBB
- Hunter & Sable Holdings became a director. NBB
- Holding GeRuKo B.V. became a director. NBB
- New establishment in Wavre. KBO
In short
From € 102,278 profit in 2022 to € 26,457 profit in 2025.
Paid € 114,805 in corporate taxes since 2022.
Best year ever: 2023, with € 640,863 profit.
On average € 85,700 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ALTERFACE HOLDINGS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALTERFACE PROJECTSThe shares are held by ALTERFACE HOLDINGS (99%).
Directors
According to the 2025 annual accounts
since 2020 · until 2030
Chairman of the board · represented by Rudolf Koppens
Also active at: ALTERFACE HOLDINGS
since 2017 · until 2030
Director · represented by Stéphane Battaille
Also active at: ALTERFACE HOLDINGS, Hunter & Sailor Real Estate
since 2018 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Pasteur 11
1300 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0548.877.270
- VAT number
- BE 0548.877.270
- Registered office
- Avenue Pasteur 11, 1300 Wavre
- Names & denominations
- ALTERFACE PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 2014
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
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