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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ALTEReco from Péruwelz, company number BE0561701957, closed financial year 2025 with a result of € 10,928 after tax. For that financial year ALTEReco recorded a gross margin of € 730,049 and equity of € 193,091. Compared with financial year 2024, the result moved from € 66,321 to € 10,928. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 193,091
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,928
▼ 84% vs 2024
Profit after tax over the fiscal year.
€ 54,310
▼ 1% 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 € 163,091.
People and assets in 2025
9.5
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 581,663
▲ 38% vs 2024
€ 61,200 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.
€ 82,596
▲ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 687,121
▼ 4% vs 2024
€ 59,291 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 81,851
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 118,765
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 634,779 | € 684,468 | € 610,486 | € 730,049 | ▲ 20% |
| Profit after taxes | € 193,298 | € 181,893 | € 66,321 | € 10,928 | ▼ 84% |
| Equity | € 115,842 | € 115,842 | € 182,163 | € 193,091 | ▲ 6% |
| Total debts | € 383,279 | € 1,167,581 | € 1,506,723 | € 1,381,540 | ▼ 8% |
| Cash | € 30,802 | € 48,987 | € 55,104 | € 54,310 | ▼ 1% |
| Land & buildings | € 78,680 | € 808,827 | € 1,159,011 | € 1,103,810 | ▼ 5% |
| Retained profit | € 85,842 | € 85,842 | € 152,163 | € 163,091 | ▲ 7% |
| Dividend | € 190,000 | € 181,893 | € 0 | € 0 | |
| Bank debt | € 0 | € 634,213 | € 719,344 | € 687,121 | ▼ 4% |
| Balance sheet total | € 499,121 | € 1,330,463 | € 1,735,925 | € 1,574,631 | ▼ 9% |
| Employees (FTE) | 7.8 | 7.9 | 8.4 | 9.5 | ▲ 1.1 |
Key figures of ALTEReco, 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 ALTEReco?
What happened at ALTEReco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,928 (▼ 84% vs 2024). filed late Source: NBB ↗
- Nicolas Renard became a director. NBB
- New establishment in Péruwelz. KBO
- New establishment in Leuze-en-Hainaut. KBO
- Start of the company according to the CBE. KBO
In short
From € 193,298 profit in 2022 to € 10,928 profit in 2025.
Paid € 104,055 in corporate taxes since 2022.
Best year ever: 2022, with € 193,298 profit.
On average € 76,800 of value added per employee in 2025.
Management
Behind ALTEReco is Nicolas Renard.
Directors
According to the 2025 annual accounts
Nicolas Renard
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue Cornefin(PER) 49
7600 Péruwelz
Chemin d'Éole(L) 13
7900 Leuze-en-Hainaut
Active since 5 September 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0561.701.957
- VAT number
- BE 0561.701.957
- Registered office
- Rue Cornefin(PER) 49, 7600 Péruwelz
- Names & denominations
- ALTEReco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 2014
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit