Result
-€16.1m -€16.1m
From profit to loss in 2024, after a profit of €43.5m in 2023.
A.forall Group
Lifetime
7 annual accounts with figures on one time axispeak €226.8m (2019)
€156.6m▼ 26.9%
lowest -€19.4m (2020)
-€16.1m▼ €59.7m
peak €143.1m (2023)
€127.0m▼ 11.3%
€29.6m▼ 58.4%
peak 9.1 FTE (2020)
6.6 FTE▼ 2.9%
Board24 names since 2017all names
7 directorsDamien Gaudin and 6 others
Documentsfilings and deeds
24-11-2025116 days late
2024financial year
Turnover from €5.6m to €6.9mLoss of €16.1mReappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor) 06-05Company renamed from ALTER PHARMA GROUP to A.forall Group 11-01Debts from €71.1m to €29.6mCash from €878,627 to €79,966
Key points
from the 2024 annual accountsStaff
7 employees on 31-12-2024
In 2024, 5 people joined and 5 left.
Payment terms
75 days to suppliers
A.forall Group pays its suppliers 40 days earlier than in 2023. Customers pay 28 days earlier.
Liquidity
0.63 was 0.07 in 2023
Short-term debts fell from €46.3m to €8.3m.
Filings
7 annual accounts 16 filings, 100 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€16.1m
Lower net result than 95% of companies in office administrative support. Sector median €31,474 · 1,191 companies.
Holding: outside the score modelBankruptcy probability: sector outside the modelStandalone figures, without subsidiaries
Group, consolidated 2024: turnover €116.6m, result -€2.0m
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.
Filing: One annual filing is missing
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
Two signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 100 days later.
NBB · 5 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline08-11-2026 today
raises risk · 2024 accounts filed 116 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-11-2025, 116 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
116 days late
2023
106 days late
2022
71 days late
2021
127 days late
2020
47 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 93 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (1)
Board and ownership
and 2 others
Shares in 3 companies, including A.forall Development and MEDIGROUP
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0684777042
Resignations & appointments
Change of role: Steen Vangsgaard, from CEO and managing director to CEO · Appointment: Pharma Handshake BV (CEO) · Permanent representatives: Erik Voets and Steen Vangsgaard · General meeting of 10-10-2025 · Gazette deed
Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
General meeting of 05-10-2023 · Gazette deed
Company renamed from ALTER PHARMA GROUP to A.forall Group
Permanent representative: VOETS Erik · General meeting of 29-12-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| A.forall Group Anderlecht | €6.9m | -29.2% | 81.1% | 6.6 |
| Hyloris Pharmaceuticals Liège | €3.8m | -46.0% | 85.8% | 3.4 |
| Fine Biscuits Company (FBC) Watermael-Boitsfort | €5.5m | -10.5% | 98.9% | 9 |
| REACHCENTRUM Brussels | €8.1m | 17.1% | 5.1% | 8.8 |
| ALIV GROUP Ghent | €3.0m | 19.2% | 11.9% | 11.1 |
| VR@SEA Zwevegem | €4.0m | -20.8% | 16.5% | 21.2 |
| STEPHEX HOLDING Meise | €5.5m | -1.5% | 27.2% | 21.5 |
Grey: the largest companies of the sector (office administrative support (NACE 82)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as A.forall Group: other business support services (NACE 82990). They are comparable in size and age: total assets between €49m and €427m, founded between 2006 and 2020.
Official details
Source: KBO- Status
- Active since 17-11-2017Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
- Activity
- Other business support servicesNACE 82990and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.294.118.3931070 Anderlecht, since 23-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Insights on A.forall Group
Solvency rose in 2024 from 66.8% to 81.1% because of lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about A.forall Group
- What is the company number of A.forall Group?
- The company number of A.forall Group is 0684.777.042. The VAT number is the same number with BE in front: BE 0684.777.042.
- Where is A.forall Group based?
- The registered office is at Marie Curiesquare 50, 1070 Anderlecht.Company details
- What does A.forall Group do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of A.forall Group?
- A.forall Group is a public limited company (NV).
- When was A.forall Group founded?
- A.forall Group was founded on 17-11-2017.
- Is A.forall Group still active?
- Yes, A.forall Group is an active enterprise in the KBO register.
- How many employees does A.forall Group have?
- A.forall Group had an average of 6.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does A.forall Group fall under?
- In its 2024 annual accounts, A.forall Group states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of A.forall Group?
- The turnover of A.forall Group was €6.9m in financial year 2024, according to the filed annual accounts.
- Is A.forall Group profitable?
- In financial year 2024, A.forall Group made a loss of €16.1m.
- Where can I find the annual accounts of A.forall Group?
- A.forall Group filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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