What does Alter-M do?

Alter-M is a law firm in Huy. Private Limited, started on 14 January 2011, 1 establishment.

What is the address of Alter-M?

The registered office of Alter-M is located at Rue des Croisiers 15, 4500 Huy.

Is Alter-M still active?

Yes. According to the CBE (30 September 2026) Alter-M is active, legal situation “Normale toestand”, started on 14 January 2011.

Is Alter-M registered on Peppol?

Yes, Alter-M is registered on the Peppol network with ID 0208:0832804485.

What is the enterprise number of Alter-M?

The enterprise number of Alter-M is BE0832804485.

When was Alter-M founded?

Alter-M was founded on 14 January 2011.

Who are the directors of Alter-M?

According to the 2025 annual accounts, the directors of Alter-M are: Pierre MACHIELS, Louise MUSELLE.

Is Alter-M a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 January 2011; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Alter-M make in 2025?

Alter-M posted a profit after taxes of € 16,102 in financial year 2025.

What is the revenue of Alter-M?

As a small company, Alter-M is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 100,404.

Alter-M (Private Limited) - Huy - BE0832804485

Dossier Alter-M, printed on 30 September 2026 from databakkes.be/en/0832804485/alter-m. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Alter-M from Huy, company number BE0832804485, closed financial year 2025 with a result of € 16,102 after tax. For that financial year Alter-M recorded a gross margin of € 100,404 and equity of € 257,010. Compared with financial year 2024, the result moved from € 41,716 to € 16,102. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.

What it is worth Healthy

€ 257,010

▼ 21% vs 2024

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

Profit Healthy

€ 16,102

▼ 61% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 252,919

▼ 30% vs 2024

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

Where the profit goes Pays out

€ 83,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Wage cost

€ 44,466

▲ 2% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 20,902

▲ 72% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 19,429

▲ 44% vs 2024

€ 8,134 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 503

▼ 65% vs 2024

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

Taxes and wages

€ 14,741

▼ 43% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 105,572 Gross margin 2022: € 105,572 First fiscal year in the series	€ 151,985 Gross margin 2023: € 151,985 ▲ 44% vs 2022 (€ 105,572) Favourable step	€ 115,407 Gross margin 2024: € 115,407 ▼ 24% vs 2023 (€ 151,985) Unfavourable step	€ 100,404 Gross margin 2025: € 100,404 ▼ 13% vs 2024 (€ 115,407) Unfavourable step	▼ 13%
Profit after taxes	€ 35,179 Profit after taxes 2022: € 35,179 First fiscal year in the series	€ 69,356 Profit after taxes 2023: € 69,356 ▲ 97% vs 2022 (€ 35,179) Favourable step	€ 41,716 Profit after taxes 2024: € 41,716 ▼ 40% vs 2023 (€ 69,356) Unfavourable step	€ 16,102 Profit after taxes 2025: € 16,102 ▼ 61% vs 2024 (€ 41,716) Unfavourable step	▼ 61%
Equity	€ 231,936 Equity 2022: € 231,936 First fiscal year in the series	€ 283,292 Equity 2023: € 283,292 ▲ 22% vs 2022 (€ 231,936) Favourable step	€ 323,908 Equity 2024: € 323,908 ▲ 14% vs 2023 (€ 283,292) Favourable step	€ 257,010 Equity 2025: € 257,010 ▼ 21% vs 2024 (€ 323,908) Unfavourable step	▼ 21%
Total debts	€ 81,647 Total debts 2022: € 81,647 First fiscal year in the series	€ 108,178 Total debts 2023: € 108,178 ▲ 32% vs 2022 (€ 81,647) Unfavourable step	€ 103,799 Total debts 2024: € 103,799 ▼ 4% vs 2023 (€ 108,178) Favourable step	€ 140,541 Total debts 2025: € 140,541 ▲ 35% vs 2024 (€ 103,799) Unfavourable step	▲ 35%
Cash	€ 266,295 Cash 2022: € 266,295 First fiscal year in the series	€ 324,296 Cash 2023: € 324,296 ▲ 22% vs 2022 (€ 266,295) Favourable step	€ 363,277 Cash 2024: € 363,277 ▲ 12% vs 2023 (€ 324,296) Favourable step	€ 252,919 Cash 2025: € 252,919 ▼ 30% vs 2024 (€ 363,277) Unfavourable step	▼ 30%
Retained profit	€ 225,736 Retained profit 2022: € 225,736 First fiscal year in the series	€ 277,092 Retained profit 2023: € 277,092 ▲ 23% vs 2022 (€ 225,736) Favourable step	€ 317,708 Retained profit 2024: € 317,708 ▲ 15% vs 2023 (€ 277,092) Favourable step	€ 250,810 Retained profit 2025: € 250,810 ▼ 21% vs 2024 (€ 317,708) Unfavourable step	▼ 21%
Dividend	€ 33,000 Dividend 2022: € 33,000 First fiscal year in the series	€ 18,000 Dividend 2023: € 18,000 ▼ 45% vs 2022 (€ 33,000) Unchanged	€ 1,100 Dividend 2024: € 1,100 ▼ 94% vs 2023 (€ 18,000) Unchanged	€ 83,000 Dividend 2025: € 83,000 ▲ € 81,900 vs 2024 (€ 1,100) Unchanged	▲ € 81,900
Bank debt	€ 30,250 Bank debt 2022: € 30,250 First fiscal year in the series	€ 21,885 Bank debt 2023: € 21,885 ▼ 28% vs 2022 (€ 30,250) Favourable step	€ 13,461 Bank debt 2024: € 13,461 ▼ 38% vs 2023 (€ 21,885) Favourable step	€ 19,429 Bank debt 2025: € 19,429 ▲ 44% vs 2024 (€ 13,461) Unfavourable step	▲ 44%
Balance sheet total	€ 313,583 Balance sheet total 2022: € 313,583 First fiscal year in the series	€ 391,471 Balance sheet total 2023: € 391,471 ▲ 25% vs 2022 (€ 313,583) Unchanged	€ 427,707 Balance sheet total 2024: € 427,707 ▲ 9% vs 2023 (€ 391,471) Unchanged	€ 397,551 Balance sheet total 2025: € 397,551 ▼ 7% vs 2024 (€ 427,707) Unchanged	▼ 7%

Key figures of Alter-M, 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 Alter-M?

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

Jun 29, 2026 New annual accounts for financial year 2025: profit of € 16,102 (▼ 61% vs 2024). Source: NBB ↗
Jan 14, 2011 New establishment in Huy. KBO
Jan 14, 2011 Start of the company according to the CBE. KBO

In short

From € 35,179 profit in 2022 to € 16,102 profit in 2025.

Paid € 73,295 in corporate taxes since 2022.

Best year ever: 2023, with € 69,356 profit.

Paid out € 135,100 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at Alter-M? 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

Pierre MACHIELS Louise MUSELLE

Alter-M

Behind Alter-M are Pierre MACHIELS and Louise MUSELLE.

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Directors

According to the 2025 annual accounts

Pierre MACHIELS

Director

Louise MUSELLE

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue des Croisiers 15

4500 Huy

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 →

1975

€ 16,925 gross margin · 2025

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

Details

Company number: 0832.804.485
VAT number: BE 0832.804.485
Registered office: Rue des Croisiers 15, 4500 Huy
Names & denominations: Alter-M
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 14 January 2011
Peppol: Active · Active since 23 Dec 2025
Activities · NACE: Activiteiten van advocaten

View on CBE Public ↗ Annual accounts (NBB) ↗