What does ALCOGROUP do?

ALCOGROUP is a holding company in Watermaal-Bosvoorde. Public Limited, started on 5 July 2007, 1 establishment.

What is the address of ALCOGROUP?

The registered office of ALCOGROUP is located at Vorstlaan 100, 1170 Watermaal-Bosvoorde.

Is ALCOGROUP still active?

Yes. According to the CBE (16 September 2026) ALCOGROUP is active, legal situation “Normale toestand”, started on 5 July 2007.

Is ALCOGROUP registered on Peppol?

Yes, ALCOGROUP is registered on the Peppol network with ID 0208:0890622821.

What is the enterprise number of ALCOGROUP?

The enterprise number of ALCOGROUP is BE0890622821.

When was ALCOGROUP founded?

ALCOGROUP was founded on 5 July 2007.

Who are the directors of ALCOGROUP?

According to the 2025 annual accounts, the directors of ALCOGROUP are: BASH MANAGEMENT SA, MICHEL MEEUS, ANTONINA BERTOLINO, MARIA GIOVANNA GULINO, YVON ANDRE, BREIDELS BV, TRANSVERTO SRL, FILIPPO CESARIS.

Is ALCOGROUP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 July 2007; 5 annual accounts filed, latest fiscal year 2025; 8 directors known from the annual account.

How much profit did ALCOGROUP make in 2025?

ALCOGROUP posted a profit after taxes of € 2,539,703 in financial year 2025.

What is the revenue of ALCOGROUP?

In its most recent annual accounts (2025), ALCOGROUP reported revenue of € 6,565,604.

How much does an employee at ALCOGROUP earn?

The average wage cost per full-time employee at ALCOGROUP was € 140,600 in 2025: staff costs of € 2.7 million for 19.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ALCOGROUP have?

According to the 2025 annual accounts, ALCOGROUP has 19.2 full-time equivalents (FTE).

ALCOGROUP (Public Limited) - Watermaal-Bosvoorde

Dossier ALCOGROUP, printed on 16 September 2026 from databakkes.be/en/0890622821/alcogroup. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2024.
Busy address KBO

40 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

ALCOGROUP from Watermaal-Bosvoorde, company number BE0890622821, closed financial year 2025 with a result of € 2.5 million after tax. For that financial year ALCOGROUP recorded revenue of € 6.6 million and equity of € 225.7 million. Compared with financial year 2024, the result moved from € 77.5 million to € 2.5 million. 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 May 20, 2026.

What it is worth Healthy

€ 225.7 million

▼ 9% vs 2024

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

Profit Healthy

€ 2.5 million

▼ 97% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 28.8 million

▲ 72% vs 2024

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

Where the profit goes Pays out

€ 25 million paid out

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

People and assets in 2025

Full-time equivalents

19.2

▲ 2.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.7 million

▲ 17% vs 2024

€ 140,600 per full-time equivalent. 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

€ 140,719

▼ 41% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1.2 million

▼ 40% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 106 days on average.

Taxes and wages

€ 8 million

▲ € 7.4 million 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
Revenue	€ 5,870,723 Revenue 2022: € 5,870,723 First fiscal year in the series	€ 7,119,119 Revenue 2023: € 7,119,119 ▲ 21% vs 2022 (€ 5,870,723) Favourable step	€ 4,592,731 Revenue 2024: € 4,592,731 ▼ 35% vs 2023 (€ 7,119,119) Unfavourable step	€ 6,565,604 Revenue 2025: € 6,565,604 ▲ 43% vs 2024 (€ 4,592,731) Favourable step	▲ 43%
Profit after taxes	€ 94,329,606 Profit after taxes 2022: € 94,329,606 First fiscal year in the series	€ 139,043,384 Profit after taxes 2023: € 139,043,384 ▲ 47% vs 2022 (€ 94,329,606) Favourable step	€ 77,548,411 Profit after taxes 2024: € 77,548,411 ▼ 44% vs 2023 (€ 139,043,384) Unfavourable step	€ 2,539,703 Profit after taxes 2025: € 2,539,703 ▼ 97% vs 2024 (€ 77,548,411) Unfavourable step	▼ 97%
Equity	€ 122,181,451 Equity 2022: € 122,181,451 First fiscal year in the series	€ 196,064,835 Equity 2023: € 196,064,835 ▲ 60% vs 2022 (€ 122,181,451) Favourable step	€ 248,316,823 Equity 2024: € 248,316,823 ▲ 27% vs 2023 (€ 196,064,835) Favourable step	€ 225,711,160 Equity 2025: € 225,711,160 ▼ 9% vs 2024 (€ 248,316,823) Unfavourable step	▼ 9%
Total debts	€ 83,825,504 Total debts 2022: € 83,825,504 First fiscal year in the series	€ 68,244,114 Total debts 2023: € 68,244,114 ▼ 19% vs 2022 (€ 83,825,504) Favourable step	€ 27,863,014 Total debts 2024: € 27,863,014 ▼ 59% vs 2023 (€ 68,244,114) Favourable step	€ 100,208,828 Total debts 2025: € 100,208,828 ▲ 260% vs 2024 (€ 27,863,014) Unfavourable step	▲ 260%
Cash	€ 33,636,434 Cash 2022: € 33,636,434 First fiscal year in the series	€ 2,300,633 Cash 2023: € 2,300,633 ▼ 93% vs 2022 (€ 33,636,434) Unfavourable step	€ 16,748,750 Cash 2024: € 16,748,750 ▲ € 14.4 million vs 2023 (€ 2,300,633) Favourable step	€ 28,813,842 Cash 2025: € 28,813,842 ▲ 72% vs 2024 (€ 16,748,750) Favourable step	▲ 72%
Retained profit	€ 22,004,583 Retained profit 2022: € 22,004,583 First fiscal year in the series	€ 95,887,967 Retained profit 2023: € 95,887,967 ▲ € 73.9 million vs 2022 (€ 22,004,583) Favourable step	€ 148,316,823 Retained profit 2024: € 148,316,823 ▲ 55% vs 2023 (€ 95,887,967) Favourable step	€ 125,711,160 Retained profit 2025: € 125,711,160 ▼ 15% vs 2024 (€ 148,316,823) Unfavourable step	▼ 15%
Dividend	€ 80,000,000 Dividend 2022: € 80,000,000 First fiscal year in the series	€ 65,000,000 Dividend 2023: € 65,000,000 ▼ 19% vs 2022 (€ 80,000,000) Unchanged	€ 25,000,000 Dividend 2024: € 25,000,000 ▼ 62% vs 2023 (€ 65,000,000) Unchanged	€ 25,000,000 Dividend 2025: € 25,000,000 Unchanged (€ 25,000,000) Unchanged
Balance sheet total	€ 267,006,954 Balance sheet total 2022: € 267,006,954 First fiscal year in the series	€ 264,308,949 Balance sheet total 2023: € 264,308,949 ▼ 1% vs 2022 (€ 267,006,954) Unchanged	€ 276,179,838 Balance sheet total 2024: € 276,179,838 ▲ 4% vs 2023 (€ 264,308,949) Unchanged	€ 325,919,989 Balance sheet total 2025: € 325,919,989 ▲ 18% vs 2024 (€ 276,179,838) Unchanged	▲ 18%
Employees (FTE)	12.8 Employees (FTE) 2022: 12.8 First fiscal year in the series	15.3 Employees (FTE) 2023: 15.3 ▲ 2.5 vs 2022 (12.8) Unchanged	16.8 Employees (FTE) 2024: 16.8 ▲ 1.5 vs 2023 (15.3) Unchanged	19.2 Employees (FTE) 2025: 19.2 ▲ 2.4 vs 2024 (16.8) Unchanged	▲ 2.4

Key figures of ALCOGROUP, 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 ALCOGROUP?

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

2031 BASH MANAGEMENT SA stepped down as director. NBB
2031 MICHEL MEEUS stepped down as director. NBB
2031 ANTONINA BERTOLINO stepped down as director. NBB
2031 MARIA GIOVANNA GULINO stepped down as director. NBB
2031 YVON ANDRE stepped down as director. NBB
2031 BREIDELS BV stepped down as director. NBB
2031 TRANSVERTO SRL stepped down as director. NBB
2031 FILIPPO CESARIS stepped down as director. NBB

In short

From € 94.3 million profit in 2022 to € 2.5 million profit in 2025.

Paid € 481,988 in corporate taxes since 2022.

Best year ever: 2023, with € 139 million profit.

Paid out € 195 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at ALCOGROUP? 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%

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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

ALCOGROUP HOLDING 100%

The stake of ALCOGROUP HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ALCOGROUP

ALCODIS SA 100%

ALCOTRA HOLDING 100%

SAD 100%

ALCO AFRICA HOLDING 60%

The shares are held by ALCOGROUP HOLDING (100%). It owns 100% of ALCODIS SA, 100% of ALCOTRA HOLDING, 100% of SAD, 60% of ALCO AFRICA HOLDING, 60% of ALCO ENERGY SA and 40% of OMNICANE ETHANOL HOLDING itself.

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