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 2 of the last 2 fiscal years.
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Busy address KBO
81 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Alvarez & Marsal Belgium from Brussel, company number BE1004183689, closed financial year 2025 with a result of € 289,033 after tax. For that financial year Alvarez & Marsal Belgium recorded a gross margin of € 585,432 and equity of € -325,705. Compared with financial year 2024, the result moved from € -624,738 to € 289,033. Profitable, and profit is growing. 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 June 30, 2026.
€ -325,705
▲ € 289,033 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 289,033
▲ still € 624,738 loss in 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ € 1.3 million 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 € -335,705.
People and assets in 2025
1.1
Average over the fiscal year, from the social balance sheet.
€ 223,938
€ 203,600 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.
€ 1,619
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.4 million
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,478
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -641,828 | € 585,432 | ▲ € 1.2 million |
| Profit after taxes | € -624,738 | € 289,033 | ▲ € 913,771 |
| Equity | € -614,738 | € -325,705 | ▲ € 289,033 |
| Total debts | € 1,633,211 | € 6,263,646 | ▲ 284% |
| Cash | € 31,843 | € 1,304,403 | ▲ € 1.3 million |
| Retained profit | € -624,738 | € -335,705 | ▲ € 289,033 |
| Balance sheet total | € 1,018,473 | € 5,937,941 | ▲ € 4.9 million |
| Employees (FTE) | - | 1.1 |
Key figures of Alvarez & Marsal Belgium, fiscal years 2024 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 Alvarez & Marsal Belgium?
What happened at Alvarez & Marsal Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 289,033. Source: NBB ↗
- Start of the company according to the CBE. KBO
- Antonio Alvarez became a director. NBB
- Stephen Gate became a director. NBB
In short
From € 624,738 loss in 2024 to € 289,033 profit in 2025.
Best year ever: 2025, with € 289,033 profit.
On average € 532,200 of value added per employee in 2025.
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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
Behind Alvarez & Marsal Belgium are Antonio Alvarez and Stephen Gate.
Directors
According to the 2025 annual accounts
Antonio Alvarez
Director
since 2023
Stephen Gate
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Wolstraat 70
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 81 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1004.183.689
- VAT number
- BE 1004.183.689
- Registered office
- Wolstraat 70, 1000 Brussel
- Names & denominations
- Alvarez & Marsal Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2024
- Peppol
- Active · Active since 3 Feb 2026
- Activities · NACE
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