Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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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 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
87 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ALTON FINANCE from Sint-Pieters-Woluwe, company number BE0886515167, closed financial year 2025 with a result of € -315,538 after tax. For that financial year ALTON FINANCE recorded a gross margin of € -29,944 and equity of € -1.9 million. Compared with financial year 2024, the result moved from € 75,546 to € -315,538. 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 October 16, 2026.
€ -1.9 million
▼ € 315,538 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -315,538
▼ still € 75,546 profit in 2024
Profit after tax over the fiscal year.
€ 74,460
▼ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -17.4 million.
Debts at end 2025
€ 1.9 million
▼ 57% vs 2024
Loans from banks and other lenders, long and short.
€ 76,354
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 37,142 | € 394 | - | - | |
| Gross margin | € 899,991 | € -42,637 | € -45,837 | € -29,944 | ▲ € 15,893 |
| Profit after taxes | € -2,083,056 | € 153,402 | € 75,546 | € -315,538 | ▼ € 391,084 |
| Equity | € -1,845,224 | € -1,691,822 | € -1,616,276 | € -1,931,814 | ▼ € 315,538 |
| Total debts | € 7,076,956 | € 7,029,013 | € 4,594,078 | € 2,033,669 | ▼ 56% |
| Cash | € 74,184 | € 436,788 | € 91,359 | € 74,460 | ▼ 18% |
| Retained profit | € -17,307,224 | € -17,153,822 | € -17,078,276 | € -17,393,814 | ▼ € 315,538 |
| Bank debt | € 6,835,000 | € 6,835,000 | € 4,490,000 | € 1,948,000 | ▼ 57% |
| Balance sheet total | € 5,231,732 | € 5,337,191 | € 2,977,802 | € 101,854 | ▼ 97% |
Key figures of ALTON FINANCE, 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 ALTON FINANCE?
What happened at ALTON FINANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 315,538 (▼ € 391,084 vs 2024). filed late Source: NBB ↗
- TOO'GEZER SA stepped down as director. NBB
- Gonzague Mulliez stepped down as director. NBB
- TOO'GEZER SA became a director. NBB
- Gonzague Mulliez became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2.1 million loss in 2022 to € 315,538 loss in 2025.
Best year ever: 2023, with € 153,402 profit.
Management
It owns 100% of RECOMAX and 100% of ALLIANCE LOI itself.
Directors
According to the 2025 annual accounts
Director · represented by Patrice DESCAMPS
Also active at: Alliance pour une Coordination Active de Distribution Internationale et Européenne, VIZZION EUROPE, SUPALI, ONE WORLD AVENUE, CONSTRUCT ME, RECOMAX, LAREBEL-WOLUWE, Alliance Loi +3 more
since 2019 · until 2026
Gonzague Mulliez
Director
Also active at: VIZZION EUROPE, RECOMAX, LAREBEL-WOLUWE, Alliance Loi, VIZZION PARTICIPATIONS
since 2018 · until 2026
Establishments
Establishment units
Physical locations of this company
Tervurenlaan 270
1150 Sint-Pieters-Woluwe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 87 companies are registered at this address.
All companies at this address →PUBSTONE
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€ 5.2 million revenue · 2025
World Steel Association
€ 16 million revenue · 2025
RHONE ARTS
MERCURI URVAL
€ 3.4 million revenue · 2025
+82 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
- 0886.515.167
- VAT number
- BE 0886.515.167
- Registered office
- Tervurenlaan 270, 1150 Sint-Pieters-Woluwe
- Names & denominations
- ALTON FINANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2007
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Handel in eigen onroerend goed
Handel in onroerend goed