Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 8.9 to 1.
Financials
Financial year 2025
ALPINO from Ronse, company number BE0647613174, closed financial year 2025 with a result of € 18,147 after tax. For that financial year ALPINO recorded a gross margin of € 52,976 and equity of € -460,164. Compared with financial year 2024, the result moved from € -258,010 to € 18,147. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ -460,164
▲ € 18,147 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,147
▲ still € 258,010 loss in 2024
Profit after tax over the fiscal year.
€ 95,660
▲ 76% 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 € -1.7 million.
People and assets in 2025
1
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 67,225
▼ 51% vs 2024
€ 67,200 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.
Debts at end 2025
€ 11,455
▼ 38% vs 2024
€ 7,216 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 39,056
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 99,065
▲ € 83,357 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -22,263 | € 30,552 | € -55,576 | € 52,976 | ▲ € 108,552 |
| Profit after taxes | € -739,651 | € -459,996 | € -258,010 | € 18,147 | ▲ € 276,157 |
| Equity | € 239,696 | € -220,300 | € -478,310 | € -460,164 | ▲ € 18,147 |
| Total debts | € 922,729 | € 1,250,473 | € 1,204,932 | € 1,488,891 | ▲ 24% |
| Cash | € 69,360 | € 16,006 | € 54,239 | € 95,660 | ▲ 76% |
| Land & buildings | € 7,511 | € 5,435 | € 3,360 | € 1,285 | ▼ 62% |
| Retained profit | € -976,063 | € -1,436,059 | € -1,694,070 | € -1,675,923 | ▲ € 18,147 |
| Bank debt | € 32,726 | € 25,698 | € 18,608 | € 11,455 | ▼ 38% |
| Balance sheet total | € 1,162,425 | € 1,030,173 | € 776,231 | € 1,028,727 | ▲ 33% |
| Employees (FTE) | 10.8 | 8.9 | 3.4 | 1 | ▼ 2.4 |
Key figures of ALPINO, 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 ALPINO?
What happened at ALPINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,147. Source: NBB ↗
- New establishment in Ronse. KBO
- New establishment in Ronse. KBO
- PINTOHOLD BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 739,651 loss in 2022 to € 18,147 profit in 2025.
Paid € 1,716 in corporate taxes since 2022.
Best year ever: 2025, with € 18,147 profit.
On average € 53,000 of value added per employee in 2025.
Management
The stake of World of Tents comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALPINOBehind ALPINO is PINTOHOLD BV. The shares are held by World of Tents (100%).
Directors
According to the 2025 annual accounts
Director · represented by Glenn VERBORGH
Also active at: ALPINTER, AUTENTIC, World of Tents
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Charles de Gaullestraat 7
9600 Ronse
Leuzesesteenweg 155
9600 Ronse
Active since 1 January 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Openbaar conditionnement van Ronse, Conditionnement public de Renaix
Compensatiekas voor Gezinsvergoedingen der Patroonsvereniging van Ronseen Omstreken
ALPINTER same network
€ 33.3 million revenue · 2025
ATELIER BLANCO
AUTENTIC same network
€ 358,493 gross margin · 2025
+1 more
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
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0647.613.174
- VAT number
- BE 0647.613.174
- Registered office
- Charles de Gaullestraat 7, 9600 Ronse
- Names & denominations
- ALPINO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2016
- Peppol
- Active · Active since 6 Jan 2026
- Contact
- alpino.be
- Activities · NACE
Activiteiten van syndici van onroerend goed
Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen
Vervaardiging van overige geconfectioneerde artikelen van textiel, muv kleding
Overige vormen van onderwijs
Overige zakelijke dienstverlening, neg