Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ALT-O from Elsene, company number BE0561881210, closed financial year 2025 with a result of € 12,719 after tax. For that financial year ALT-O recorded a gross margin of € 120,541 and equity of € 316,812. Compared with financial year 2024, the result moved from € 24,571 to € 12,719. 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 May 27, 2026.
€ 316,812
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,719
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 7,763
▼ 59% 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 € 298,212.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 91,966
▲ 6% vs 2024
€ 92,000 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.
€ 31,228
▲ € 28,640 vs 2024
Of which on lease € 30,172.
Debts at end 2025
€ 41,240
▲ 102% vs 2024
€ 10,931 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 14,695
▲ 129% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,613
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 124,819 | € 122,868 | € 127,030 | € 120,541 | ▼ 5% |
| Profit after taxes | € 23,749 | € 121,141 | € 24,571 | € 12,719 | ▼ 48% |
| Equity | € 240,734 | € 279,522 | € 304,093 | € 316,812 | ▲ 4% |
| Total debts | € 101,418 | € 127,884 | € 57,397 | € 69,547 | ▲ 21% |
| Cash | € 6,876 | € 22,874 | € 18,971 | € 7,763 | ▼ 59% |
| Retained profit | € 222,134 | € 260,922 | € 285,493 | € 298,212 | ▲ 4% |
| Dividend | € 0 | € 82,353 | € 0 | € 0 | |
| Bank debt | € 11,078 | € 51,083 | € 20,402 | € 41,240 | ▲ 102% |
| Balance sheet total | € 342,152 | € 407,407 | € 361,490 | € 386,359 | ▲ 7% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of ALT-O, 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 ALT-O?
What happened at ALT-O in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,719 (▼ 48% vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Corentin Voglaire became a director. NBB
- Piotr WIERUSZ-KOWALSKI became a director. NBB
- Katia LINARES became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 23,749 profit in 2022 to € 12,719 profit in 2025.
Paid € 48,766 in corporate taxes since 2022.
Best year ever: 2023, with € 121,141 profit.
On average € 120,500 of value added per employee in 2025.
Management
The stake of NEOTTIA, OUT OF SCOPE, KLDM Consulting comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALT-OBehind ALT-O are Corentin Voglaire, Piotr WIERUSZ-KOWALSKI and Katia LINARES. The shares are held by NEOTTIA (36.6%), OUT OF SCOPE (32.2%) and KLDM Consulting (31.3%). It owns 100% of MK Engineering itself.
Directors
According to the 2025 annual accounts
since 2014
since 2014
since 2014
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Waterloose Steenweg 412/F
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
MAS-ALL2ALL, BE
DNS
OVH DNS
Domain
Domain
praxislaw.eu
Registrar
OVH SAS
Website info
Features
Security
Details
- Company number
- 0561.881.210
- VAT number
- BE 0561.881.210
- Registered office
- Waterloose Steenweg 412/F, 1050 Elsene
- Names & denominations
- ALT-O
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 2014
- Peppol
- Active · Active since 20 Nov 2025
- Contact
- praxislaw.eu
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