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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 277 days after the legal deadline.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2024
ALTEREGO from Liège, company number BE0877729640, closed financial year 2024 with a result of € -96,498 after tax. For that financial year ALTEREGO recorded a gross margin of € -95,654 and equity of € -2.9 million. Compared with financial year 2023, the result moved from € 514,757 to € -96,498. The company made a loss. 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 May 4, 2026.
€ -2.9 million
▼ € 96,498 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -96,498
▼ still € 514,757 profit in 2023
Profit after tax over the fiscal year.
€ 322,088
▲ 6% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.1 million.
People and assets in 2024
€ 134,116
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.7 million
€ 224,950 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.2 million
Supplier invoices still open on the last day of the fiscal year.
€ 529,631
▼ 1% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 742,794 | € -52,880 | € -131,382 | € -95,654 | ▲ € 35,728 |
| Profit after taxes | € -1,309,425 | € -3,781,816 | € 514,757 | € -96,498 | ▼ € 611,255 |
| Equity | € -951,566 | € -3,361,376 | € -2,846,619 | € -2,943,117 | ▼ € 96,498 |
| Total debts | € 4,214,542 | € 3,859,898 | € 3,468,505 | € 3,434,479 | ▼ 1% |
| Cash | € 92,252 | € 53,304 | € 303,742 | € 322,088 | ▲ 6% |
| Retained profit | € -1,385,882 | € -4,483,609 | € -3,968,852 | € -4,065,351 | ▼ € 96,498 |
| Bank debt | € 2,375,407 | € 1,687,367 | € 1,681,930 | € 1,681,930 | |
| Balance sheet total | € 3,281,977 | € 1,073,187 | € 1,196,550 | € 1,066,026 | ▼ 11% |
| Employees (FTE) | 42.3 | - | - | - |
Key figures of ALTEREGO, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ALTEREGO?
What happened at ALTEREGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ALTEREGO is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2024: loss of € 96,498 (▼ € 611,255 vs 2023). filed late Source: NBB ↗
- Charlotte Musch became a director. NBB
- François Ancion became a director. NBB
- New establishment in Namur. KBO
- New establishment in Lochristi. KBO
- New establishment in Brussel. KBO
- New establishment in Ans. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million loss in 2022 to € 96,498 loss in 2024.
Paid € 4,903 in corporate taxes since 2022.
Best year ever: 2023, with € 514,757 profit.
On average € 17,600 of value added per employee in 2022.
A new publication or filing at ALTEREGO? We notify you, reason included.
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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 stake of Wallonie Entreprendre comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALTEREGOBehind ALTEREGO are Charlotte Musch and François Ancion. The shares are held by Wallonie Entreprendre (29.7%).
Directors
According to the 2024 annual accounts
Charlotte Musch
Liquidator
Also active at: FACI, ECEA Invest s.a., LA PARENTHESE +, GBLF, Société de Gestion du Bois Saint-Jean, DUFARI
since 2023
François Ancion
Liquidator
Also active at: FACI, ECEA Invest s.a., TRIAGE-LAVOIR DU CENTRE, LA PARENTHESE +, Société de Gestion du Bois Saint-Jean, DUFARI
since 2023
Shareholders
29.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Ecoliers 3
4020 Liège
Avenue du Progrès 21
4432 Ans
Active since 1 July 2008
Havenlaan 86 box C
1000 Brussel
Active since 1 October 2009
Dorp-West 136
9080 Lochristi
Active since 1 September 2015
Chaussée de Marche(EP) 451
5101 Namur
Active since 1 October 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →INTERCOMMUNALE DES ABATTOIRS PUBLICS DES ARRONDISSEMENTS DE LIEGE ET DE WAREMME
€ -62,956 gross margin · 2024
FACI same network
€ -684 gross margin · 2025
ECEA Invest s.a. same network
€ -197 gross margin · 2025
R.S.W. LIEGE BASKET
€ 1.3 million gross margin · 2023
TRIAGE-LAVOIR DU CENTRE same network
+6 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
- 0877.729.640
- VAT number
- BE 0877.729.640
- Registered office
- Rue des Ecoliers 3, 4020 Liège
- Names & denominations
- ALTEREGO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 6 December 2005
- Peppol
- Not registered
- Activities · NACE
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