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 43 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
altaar from Genappe, company number BE0567897089, closed financial year 2025 with a result of € 484,394 after tax. For that financial year altaar recorded a gross margin of € 3.1 million and equity of € 11.6 million. Compared with financial year 2024, the result moved from € -492,162 to € 484,394. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 11.6 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 484,394
▲ still € 492,162 loss in 2024
Profit after tax over the fiscal year.
€ 152,076
▼ 5% 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 € -3.5 million.
Debts at end 2025
€ 26.7 million
▼ 3% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 212,664
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,582,074 | € 1,595,433 | € 1,940,484 | € 3,102,684 | ▲ 60% |
| Profit after taxes | € -280,578 | € -503,756 | € -492,162 | € 484,394 | ▲ € 976,556 |
| Equity | € -1,257,543 | € -1,761,300 | € 12,346,539 | € 11,630,933 | ▼ 6% |
| Total debts | € 28,293,070 | € 33,112,797 | € 32,296,731 | € 29,628,375 | ▼ 8% |
| Cash | € 53,030 | € 17,846 | € 160,356 | € 152,076 | ▼ 5% |
| Land & buildings | € 24,547,741 | € 28,701,176 | € 41,857,174 | € 38,208,021 | ▼ 9% |
| Retained profit | € -2,942,433 | € -3,446,190 | € -3,938,351 | € -3,453,957 | ▲ € 484,394 |
| Bank debt | € 24,335,565 | € 28,689,723 | € 27,683,676 | € 26,730,736 | ▼ 3% |
| Balance sheet total | € 27,035,526 | € 31,351,498 | € 44,643,270 | € 41,259,309 | ▼ 8% |
Key figures of altaar, 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 altaar?
What happened at altaar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- AXIAL INVEST SA stepped down as director. NBB
- Frédéric DAWANS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 484,394. Source: NBB ↗
- AXIAL INVEST SA became a director. NBB
- Frédéric DAWANS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 280,578 loss in 2022 to € 484,394 profit in 2025.
Best year ever: 2025, with € 484,394 profit.
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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 shares are held by AXIAL INVEST SA (92.5%) and SEGONNES SA (7.5%). It owns 35.5% of CFG - Compagnie François Gestion itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Hélène EVRARD
Also active at: IMMO 55, SERIE, Ristorit, CONTINENTAL PROPERTIES, STRAUVEN, BELLIM, SEGONNES, MICHEL ANGELO VASTGOED MAATSCHAPPIJ +9 more
since 2015 · until 2027
Frédéric DAWANS
Managing director
Also active at: IMMO 55, SERIE, Ristorit, Tricorne, COMPAGNIE FRANCOIS DE GESTION, CONTINENTAL PROPERTIES, STRAUVEN, CESAR +16 more
since 2014 · until 2027
Shareholders
92.5%
7.5%
Participations
Establishments
Establishment units
Physical locations of this company
Rue de la Forge 10
1470 Genappe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →IMMO 55 same network
€ 344,396 gross margin · 2025
SERIE same network
€ 1 million gross margin · 2025
Ristorit same network
€ 2 million gross margin · 2025
Tricorne same network
€ -6,146 gross margin · 2025
MAESTRIA OFFICE
€ 2.7 million gross margin · 2025
+24 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0567.897.089
- VAT number
- BE 0567.897.089
- Registered office
- Rue de la Forge 10, 1470 Genappe
- Names & denominations
- altaar
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 2014
- Peppol
- Active · Active since 4 Jan 2026