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.
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| 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.
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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 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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