Financials
Financial year 2025
ALFA-THERMO from Mortsel, company number BE0841027216, closed financial year 2025 with a result of € 141,798 after tax. For that financial year ALFA-THERMO recorded a gross margin of € 923,267 and equity of € 424,768. Compared with financial year 2024, the result moved from € 124,681 to € 141,798. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 424,768
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 141,798
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 635,734
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
71 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 638,909
▲ 14% 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.
€ 22,007
▲ € 19,379 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 724,948
▲ 232% vs 2024
€ 39,411 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 419,176
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 104,479
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 491,831 | € 607,632 | € 788,852 | € 923,267 | ▲ 17% |
| Profit after taxes | € 121,645 | € 104,643 | € 124,681 | € 141,798 | ▲ 14% |
| Equity | € 297,647 | € 330,289 | € 382,970 | € 424,768 | ▲ 11% |
| Total debts | € 678,039 | € 839,780 | € 958,061 | € 1,350,131 | ▲ 41% |
| Cash | € 490,028 | € 585,570 | € 632,516 | € 635,734 | ▲ 1% |
| Land & buildings | € 244,059 | € 210,522 | € 176,985 | € 783,971 | ▲ € 606,987 |
| Retained profit | € 284,627 | € 317,269 | € 369,950 | € 411,748 | ▲ 11% |
| Dividend | € 72,000 | € 72,000 | € 72,000 | € 100,000 | ▲ 39% |
| Bank debt | € 242,090 | € 230,193 | € 218,101 | € 724,948 | ▲ 232% |
| Balance sheet total | € 975,686 | € 1,170,069 | € 1,341,031 | € 1,774,900 | ▲ 32% |
| Employees (FTE) | 4.2 | 6.5 | - | - |
Key figures of ALFA-THERMO, 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 ALFA-THERMO?
What happened at ALFA-THERMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 141,798 (▲ 14% vs 2024). filed late Source: NBB ↗
- New establishment in Mortsel. KBO
- Start of the company according to the CBE. KBO
In short
From € 121,645 profit in 2022 to € 141,798 profit in 2025.
Paid € 205,910 in corporate taxes since 2022.
Best year ever: 2025, with € 141,798 profit.
On average € 93,500 of value added per employee in 2023.
Management
Behind ALFA-THERMO are Frank De Fyn and Nils Peeters. Frank De Fyn is also behind LEMATI.
Directors
According to the 2025 annual accounts
Nils Peeters
Director
Establishments
Establishment units
Physical locations of this company
Zilverbeeklaan 22
2640 Mortsel
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.
Details
- Company number
- 0841.027.216
- VAT number
- BE 0841.027.216
- Registered office
- Zilverbeeklaan 22, 2640 Mortsel
- Names & denominations
- ALFA-THERMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 2011
- Peppol
- Active · Active since 20 Sept 2025
- Activities · NACE
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