Financials
Financial year 2025
ALTCO from Assenede, company number BE0877789028, closed financial year 2025 with a result of € 301 after tax. For that financial year ALTCO recorded a gross margin of € -4,869 and equity of € 46,804. Compared with financial year 2024, the result moved from € 189 to € 301. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 13, 2026.
€ 46,804
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 301
▲ 60% vs 2024
Profit after tax over the fiscal year.
€ 64,316
▲ 90% 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 € 26,804.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19,981
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,818
▼ 35% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,599 | € -2,185 | € -2,463 | € -4,869 | ▼ € 2,406 |
| Profit after taxes | € 1,505 | € 485 | € 189 | € 301 | ▲ 60% |
| Equity | € 45,829 | € 46,314 | € 46,502 | € 46,804 | ▲ 1% |
| Total debts | € 109,891 | € 90,346 | € 95,890 | € 78,799 | ▼ 18% |
| Cash | € 102,173 | € 58,411 | € 33,767 | € 64,316 | ▲ 90% |
| Retained profit | € 25,829 | € 26,314 | € 26,502 | € 26,804 | ▲ 1% |
| Balance sheet total | € 155,719 | € 136,660 | € 142,392 | € 125,603 | ▼ 12% |
Key figures of ALTCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ALTCO?
What happened at ALTCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 301 (▲ 60% vs 2024). Source: NBB ↗
- New establishment in Assenede. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,505 profit in 2022 to € 301 profit in 2025.
Paid € 1,112 in corporate taxes since 2022.
Best year ever: 2022, with € 1,505 profit.
Management
Behind ALTCO are Ann Baecke and Tino Pauwels. Ann Baecke is also behind BAECKE. Tino Pauwels is also behind Casa Médica MC.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Paul Christiaenstraat 2
9960 Assenede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0877.789.028
- VAT number
- BE 0877.789.028
- Registered office
- Paul Christiaenstraat 2, 9960 Assenede
- Names & denominations
- ALTCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2005
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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