Active · per the CBE, 2 October 2026

ALTFIVE

BE0686967262

Rechtspersoon Private limited company 1 establishment

ALTFIVE is an IT company in Etterbeek. Private Limited, started on 2 January 2018, 1 establishment.

Boerenstraat 57 box 2, 1040 Etterbeek

Behind the company: Thomas Frezel.

Active for

8 year, 9 months

Financials

Financial year 2025

ALTFIVE from Etterbeek, company number BE0686967262, closed financial year 2025 with a result of € 122,005 after tax. For that financial year ALTFIVE recorded a gross margin of € 166,867 and equity of € 20,460. Compared with financial year 2024, the result moved from € 116,335 to € 122,005. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.

What it is worth Healthy

€ 20,460

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 122,005

▲ 5% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 142,023

▲ 2% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 122,005 paid out

100 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 344

▼ 80% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 12,784

▼ 13% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 115,306 € 147,430 € 159,094 € 166,867 ▲ 5%
Profit after taxes € 81,371 € 108,584 € 116,335 € 122,005 ▲ 5%
Equity € 20,460 € 20,460 € 20,460 € 20,460
Total debts € 130,304 € 142,415 € 132,932 € 135,652 ▲ 2%
Cash € 128,605 € 144,829 € 139,355 € 142,023 ▲ 2%
Retained profit € 1,860 € 1,860 € 1,860 € 1,860
Dividend € 81,371 € 108,584 € 116,335 € 122,005 ▲ 5%
Balance sheet total € 150,764 € 162,875 € 153,392 € 156,112 ▲ 2%

Key figures of ALTFIVE, 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 ALTFIVE?

What happened at ALTFIVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 122,005 (▲ 5% vs 2024). Source: NBB ↗
  • New establishment in Etterbeek. KBO
  • Thomas Frezel became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 81,371 profit in 2022 to € 122,005 profit in 2025.

Paid € 148,849 in corporate taxes since 2022.

Best year ever: 2025, with € 122,005 profit.

Paid out € 428,296 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at ALTFIVE? We notify you, reason included.

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My folder 3 companies
  • 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
Real filings at the National Bank

Management

Thomas Frezel
ALTFIVE

Behind ALTFIVE is Thomas Frezel.

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Directors

According to the 2025 annual accounts

Thomas Frezel

Director

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Boerenstraat 57 box 2

1040 Etterbeek

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0686.967.262
VAT number
BE 0686.967.262
Registered office
Boerenstraat 57 bus 2, 1040 Etterbeek
Names & denominations
ALTFIVE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
2 January 2018
Peppol
Active · Active since 18 Nov 2025
Activities · NACE

Ontwerpen van computerprogramma’s

Ontwerpen en programmeren van computerprogramma's

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does ALTFIVE do?
ALTFIVE is an IT company in Etterbeek. Private Limited, started on 2 January 2018, 1 establishment.
What is the address of ALTFIVE?
The registered office of ALTFIVE is located at Boerenstraat 57 box 2, 1040 Etterbeek.
Is ALTFIVE still active?
Yes. According to the CBE (2 October 2026) ALTFIVE is active, legal situation “Normale toestand”, started on 2 January 2018.
Is ALTFIVE registered on Peppol?
Yes, ALTFIVE is registered on the Peppol network with ID 0208:0686967262.
What is the enterprise number of ALTFIVE?
The enterprise number of ALTFIVE is BE0686967262.
When was ALTFIVE founded?
ALTFIVE was founded on 2 January 2018.