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ALTEREGO

Dissolution or liquidation
Public limited companyfounded 2005Rue des Ecoliers 3, 4020 Liège, BelgiumKBO/BCE: BE 0877.729.640
Summary

The KBO register records for ALTEREGO the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (-€2.9m) and a net result of -€96,498.

ALTEREGODissolution or liquidation

Overview

Activity
Other non-specialised retail sale
NACE 47120Intermediation services for non-specialised retail NACE 47910NACE 52610
4 sites
Size
€1.1mtotal assets 2024
Equity
-€2.9m
Loss
-€96,498
Financial health
Dissolution or liquidation: no score
Structure
Largest shareholder
Wallonie Entreprendre · 29.72%
Holdings
1
Accounts 68 d overdue0 of 7 deeds read
Signals- Negative equity- Register: dissolution or liquidationShow the evidence

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
1819202122232324
2018 to 2024 · latest year -€2.9m
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2023 · full…

Financials · fiscal year 2024, micro schema

Turnover
€7.4m
EBIT margin
1.7%
Net result
-€96,498
2023 · €514,757
Working capital
-€1.4m▼ 9.2%
2023 · -€1.3m
Trend over the years

2021 to 2024, 5 fiscal years 2018 to 2024, 8 fiscal years

Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result-€0.1m 2024 Net result-€0.1m 2024

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022202320232024
Turnover€7.4m-
Operating result€0.1m-€0.1m▼ 19.1%€0.06m▼ 42.4%€0.02m▼ 58.0%-€1.2m-€3.6m▼ 212%€0.1m--€0.1m
Net result€0.03m--€0.01m-€0.1mbelow the sector's middle half▼ 772%-€0.2mbelow the sector's middle half▼ 106%-€1.3mbelow the sector's middle half▼ 492%-€3.8mbelow the sector's middle half▼ 189%€0.5mabove the sector's middle half--€0.1mbelow the sector's middle half
EBIT margin1.7%-
Equity€0.7m-€0.7m▼ 1.8%€0.6mwithin the sector's middle half▼ 15.6%€0.4mwithin the sector's middle half▼ 38.2%-€1.0mbelow the sector's middle half-€3.4mbelow the sector's middle half▼ 253%-€2.8mbelow the sector's middle half--€2.9mbelow the sector's middle half▼ 3.4%
Total assets€2.8m-€3.1m▲ 9.5%€3.6mabove the sector's middle half▲ 17.1%€4.4mabove the sector's middle half▲ 19.5%€3.3mabove the sector's middle half▼ 24.7%€1.1mabove the sector's middle half▼ 67.3%€1.2mabove the sector's middle half-€1.1mabove the sector's middle half▼ 10.9%
Debt€2.1m-€2.4m▲ 13.3%€3.1m▲ 26.3%€4.0m▲ 30.4%€4.2m▲ 5.9%€3.9m▼ 8.4%€3.5m-€3.4m▼ 1.0%
Working capital€0.5m-€0.6m▲ 13.1%€0.9mabove the sector's middle half▲ 50.6%€1.1mabove the sector's middle half▲ 15.2%-€0.1mbelow the sector's middle half-€1.8mbelow the sector's middle half▼ 1,547%-€1.3mbelow the sector's middle half--€1.4mbelow the sector's middle half▼ 9.2%
Solvency24.6%-22.0%▼ 2.5pp15.9%within the sector's middle half▼ 6.2pp8.2%below the sector's middle half▼ 7.7pp-29.0%below the sector's middle half▼ 37.2pp-313.2%below the sector's middle half▼ 284.2pp-237.9%below the sector's middle half--276.1%below the sector's middle half▼ 38.2pp
Current ratio1.31-1.36▲ 0.051.50within the sector's middle half▲ 0.131.45within the sector's middle half▼ 0.050.96below the sector's middle half▼ 0.490.33below the sector's middle half▼ 0.620.44below the sector's middle half-0.39below the sector's middle half▼ 0.05
Return on assets (ROA)1.0%--0.4%▼ 1.4pp-2.9%below the sector's middle half▼ 2.5pp-5.1%below the sector's middle half▼ 2.1pp-39.9%below the sector's middle half▼ 34.8pp-352.4%below the sector's middle half▼ 312.5pp43.0%above the sector's middle half--9.1%below the sector's middle half▼ 52.1pp
Staff (FTE)32.5-33.5▲ 3.1%36.1above the sector's middle half▲ 7.8%42.1above the sector's middle half▲ 16.6%42.3above the sector's middle half▲ 0.5%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2023 Net result -189% on 2022. This fiscal year ran 6 months, the previous one 12.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets €148,139 =
Current assets €917,888 ▼ 12.4%
Equity and liabilities
Equity-€2.9m
Debt€3.4m
Equity is negative: debt (€3.4m) exceeds the balance-sheet total (€1.1m).
Key figures and ratios
2024 value · change against 2023
Quick ratio
0.36▼
2023 · 0.39
Debt ≤ 1 year
€2.4m▼
2023 · €2.4m
Debt > 1 year
€1.1m=
2023 · €1.1m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.2m€1.1m▼
Fixed assets21/28€0.1m€0.1m=
Tangible fixed assets22/27€0.1m€0.1m=
Plant, machinery and equipment23€0.001m€0.001m=
Furniture and vehicles24€0.1m€0.1m=
Other tangible fixed assets26€0.006m€0.006m=
Financial fixed assets28€0.007m€0.007m=
Current assets29/58€1.0m€0.9m▼
Stocks and contracts in progress3€0.1m€0.08m▼
Stocks30/36€0.1m€0.08m▼
Amounts receivable within one year40/41€0.5m€0.5m▼
Trade receivables40€0.4m€0.4m▼
Other amounts receivable41€0.1m€0.1m=
Cash at bank and in hand54/58€0.3m€0.3m▲
Deferred charges and accrued income490/1€0.09m€0▼
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.1m▼
Equity10/15-€2.8m-€2.9m▼
Contributions10/11€1.1m€1.1m=
Capital10€1.1m€1.1m=
Issued capital100€1.1m€1.1m=
Reserves13€0.006m€0.006m=
Non-distributable reserves130/1€0.003m€0.003m=
Legal reserve130€0.003m€0.003m=
Tax-exempt reserves132€0.003m€0.003m=
Profit (loss) carried forward14-€4.0m-€4.1m▼
Provisions and deferred taxes16€0.6m€0.6m=
Provisions for liabilities and charges160/5€0.6m€0.6m=
Other liabilities and charges164/5€0.6m€0.6m=
Amounts payable17/49€3.5m€3.4m▼
Amounts payable after more than one year17€1.1m€1.1m=
Financial debts170/4€1.1m€1.1m=
Amounts payable within one year42/48€2.4m€2.4m▼
Current portion of amounts payable after more than one year42€0.2m€0.2m=
Financial debts43€0.4m€0.4m=
Credit institutions430/8€0.4m€0.4m=
Trade debts44€1.2m€1.2m▼
Suppliers440/4€1.2m€1.2m▼
Taxes, remuneration and social security45€0.5m€0.5m▼
Taxes450/3€0.5m€0.5m▼
Accrued charges and deferred income492/3€0.02m-
Income statement Code20232024
Remuneration, social security and pensions62-€0.3m-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.007m-
Other operating charges640/8€0.01m€64▼
Gross operating margin9900-€0.1m-€0.1m▲
Operating profit (loss)9901€0.1m-€0.1m▼
Financial income75/76B€0.4m€0▼
Recurring financial income75€1€0▼
Non-recurring financial income76B€0.4m-
Financial charges65/66B€0.006m€0.001m▼
Recurring financial charges65€0.006m€0.001m▼
Profit (loss) for the period before taxes9903€0.5m-€0.1m▼
Profit (loss) for the period9904€0.5m-€0.1m▼
Profit (loss) for the period to be appropriated9905€0.5m-€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4.0m-€4.1m▼
Profit (loss) brought forward from the previous period14P-€4.5m-€4.0m▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320232024Change
Turnover70€7.4m--------
Remuneration, social security and pensions62---€1.7m€1.6m€0.8m-€0.3m--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m€0.2m€0.2m€0.2m€0.09m---
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-----€1.6m-€0.007m--
Provisions for liabilities and charges: additions (uses and reversals)635/8-----€0.6m---
Other operating charges640/8---€0.1m€0.05m€0.06m€0.01m€64▼ 99.5%
Non-recurring operating charges66A-----€0.4m---
Gross operating margin9900€1.6m€1.7m€1.7m€2.1m€0.7m-€0.05m-€0.1m-€0.1m▲ 27.2%
Operating profit (loss)9901€0.1m€0.1m€0.06m€0.02m-€1.2m-€3.6m€0.1m-€0.1m▼ 182%
Financial income75/76B---€0.008m€0.03m€0.003m€0.4m€0▼ 100%
Recurring financial income75€0.01m€0.002m€0.004m€0.008m€0.03m€0.003m€1€0▼ 100%
Non-recurring financial income76B------€0.4m--
Financial charges65/66B---€0.3m€0.2m€0.2m€0.006m€0.001m▼ 87.7%
Recurring financial charges65€0.09m€0.1m€0.1m€0.3m€0.2m€0.2m€0.006m€0.001m▼ 87.7%
Profit (loss) for the period before taxes9903€0.04m-€0.009m-€0.1m-€0.2m-€1.3m-€3.8m€0.5m-€0.1m▼ 119%
Income taxes67/77€0.02m€0.004m€0.01m-€0.01m€0.003m€0.002m---
Profit (loss) for the period9904€0.03m-€0.01m-€0.1m-€0.2m-€1.3m-€3.8m€0.5m-€0.1m▼ 119%
Profit (loss) for the period to be appropriated9905€0.03m-€0.01m-€0.1m-€0.2m-€1.3m-€3.8m€0.5m-€0.1m▼ 119%
Line20182019202020212022202320232024Change
Assets
Total assets20/58€2.8m€3.1m€3.6m€4.4m€3.3m€1.1m€1.2m€1.1m▼ 10.9%
Formation expenses20--€0.06m€0.07m€0.09m----
Fixed assets21/28€0.5m€0.8m€0.8m€0.8m€0.6m€0.2m€0.1m€0.1m=
Intangible fixed assets21€0.06m€0.1m€0.06m€0.07m€0.03m----
Tangible fixed assets22/27€0.4m€0.6m€0.6m€0.7m€0.5m€0.1m€0.1m€0.1m=
Plant, machinery and equipment23---€0.002m€0.001m€0.001m€0.001m€0.001m=
Furniture and vehicles24---€0.3m€0.2m€0.1m€0.1m€0.1m=
Other tangible fixed assets26---€0.4m€0.3m€0.006m€0.006m€0.006m=
Financial fixed assets28€0.1m€0.1m€0.1m€0.1m€0.1m€0.008m€0.007m€0.007m=
Current assets29/58€2.3m€2.3m€2.8m€3.4m€2.5m€0.9m€1.0m€0.9m▼ 12.4%
Stocks and contracts in progress3€1.3m€1.5m€1.9m€2.7m€2.1m€0.2m€0.1m€0.08m▼ 41.8%
Stocks30/36---€2.7m€2.1m€0.2m€0.1m€0.08m▼ 41.8%
Amounts receivable within one year40/41€0.7m€0.5m€0.3m€0.4m€0.2m€0.5m€0.5m€0.5m▼ 0.1%
Trade receivables40---€0.4m€0.2m€0.5m€0.4m€0.4m▼ 0.1%
Other amounts receivable41---€0.004m€0.006m€0.01m€0.1m€0.1m=
Cash at bank and in hand54/58€0.2m€0.2m€0.5m€0.2m€0.09m€0.05m€0.3m€0.3m▲ 6.0%
Deferred charges and accrued income490/1---€0.1m€0.1m€0.1m€0.09m€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€2.8m€3.1m€3.6m€4.4m€3.3m€1.1m€1.2m€1.1m▼ 10.9%
Equity10/15€0.7m€0.7m€0.6m€0.4m-€1.0m-€3.4m-€2.8m-€2.9m▼ 3.4%
Contributions10/11€0.4m€0.4m€0.4m€0.4m€0.4m€1.1m€1.1m€1.1m=
Capital10---€0.4m€0.4m€1.1m€1.1m€1.1m=
Issued capital100---€0.4m€0.4m€1.1m€1.1m€1.1m=
Reserves13€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m=
Non-distributable reserves130/1---€0.003m€0.003m€0.003m€0.003m€0.003m=
Legal reserve130---€0.003m€0.003m€0.003m€0.003m€0.003m=
Tax-exempt reserves132---€0.003m€0.003m€0.003m€0.003m€0.003m=
Profit (loss) carried forward14€0.3m€0.2m€0.1m-€0.08m-€1.4m-€4.5m-€4.0m-€4.1m▼ 2.4%
Provisions and deferred taxes16€0.01m€0.01m€0.02m€0.02m€0.02m€0.6m€0.6m€0.6m=
Provisions for liabilities and charges160/5---€0.02m€0.02m€0.6m€0.6m€0.6m=
Other liabilities and charges164/5---€0.02m€0.02m€0.6m€0.6m€0.6m=
Amounts payable17/49€2.1m€2.4m€3.1m€4.0m€4.2m€3.9m€3.5m€3.4m▼ 1.0%
Amounts payable after more than one year17€0.4m€0.7m€1.2m€1.6m€1.6m€1.1m€1.1m€1.1m=
Financial debts170/4---€1.6m€1.6m€1.1m€1.1m€1.1m=
Amounts payable within one year42/48€1.8m€1.7m€1.9m€2.4m€2.7m€2.8m€2.4m€2.4m▼ 0.4%
Current portion of amounts payable after more than one year42---€0.3m€0.4m€0.2m€0.2m€0.2m=
Financial debts43---€0.4m€0.4m€0.4m€0.4m€0.4m=
Credit institutions430/8---€0.4m€0.4m€0.4m€0.4m€0.4m=
Trade debts44€0.8m€0.7m€0.7m€1.1m€0.9m€1.2m€1.2m€1.2m▼ 0.3%
Suppliers440/4---€1.1m€0.9m€1.2m€1.2m€1.2m▼ 0.3%
Advances received on contracts in progress46-----€0.3m---
Taxes, remuneration and social security45---€0.5m€0.9m€0.7m€0.5m€0.5m▼ 1.1%
Taxes450/3---€0.2m€0.5m€0.5m€0.5m€0.5m▼ 1.1%
Remuneration and social security454/9---€0.3m€0.3m€0.1m---
Other amounts payable47/48---€0.04m€0.1m----
Accrued charges and deferred income492/3---€0.02m-€0.03m€0.02m--
Line20182019202020212022202320232024Change
Profit (loss) for the period9904€0.03m-€0.01m-€0.1m-€0.2m-€1.3m-€3.8m€0.5m-€0.1m▼ 119%
+ Depreciation and write-downs630€0.2m€0.2m€0.2m€0.2m€0.2m€0.09m---
Operating cash flow (approximation)€0.2m€0.2m€0.1m€0.02m-€1.1m-€3.7m€0.5m-€0.1m▼ 119%
Investment in fixed assets (approximation)--€0.5m-€0.2m-€0.3m-€0.04m€0.4m-€0-
Change in cash-€0.02m€0.3m-€0.3m-€0.1m-€0.04m-€0.02m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,946 companies in this sector we hold annual accounts for 2,228. See the whole sector

Directors

Directors
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →

Owners and capital

Owners

1 owner

According to the 2022 annual accounts of ALTEREGO and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2022 annual accounts of ALTEREGO and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 7 Gazette acts processed.

History

On 6 December 2005, ALTEREGO was incorporated.1 Total assets went from €2.8m in 2018 to €1.1m in 2024 and headcount from 32.5 full-time equivalents in 2018 to 42.3 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2024

Acts, filings and financial milestones

2026
04-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 277 days late
04-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 642 days late
04-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 824 days late
2023
31-12
Financial Back to profitnet €514,757
Net result €514,757 after 5 loss-making years.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial Weakest financial yearnet -€3.8m
Net result drops to -€3.8m, the lowest in the series.
2022
30-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
22-10
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 83 days late
2020
17-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
17-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
08-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPublic limited company
Founded06-12-2005
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
70200Business and other management consultancy
81100Combined facilities support activities
82100Office administrative and support services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 7 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Legal Entity Identifier

549300OWQIOW05WGNE98
no longer live in the LEI register

Sites & property

Location & real-estate footprint
Registered office, Liège · 4 establishment units since 2008
seat establishment approximate All 4 establishment units on the map
Ground area
9.1 ha
Building footprint
5.1 ha
Volume, LiDAR
297,912 m³
5 parcels, Brussels, Flanders, Wallonia · tallest building 18.5 m, ±6 floors. Linked by address, not a title deed.
14 companies at this address See who is registered here
4 establishment units
ALTEREGO
Avenue du Progrès 21, 4432 AnsWholesale trade
since 2008unit no. 2.177.895.765
Havenlaan 86, 1000 Brussel
Wholesale trade
since 2009unit no. 2.181.359.160
Dorp-West 136, 9080 Lochristi
Wholesale trade
since 2015unit no. 2.245.280.378
Alterego
Chaussée de Marche(EP) 451, 5101 NamurWholesale trade
since 2019unit no. 2.291.090.411
5 parcels
Flanders 1 (20%) Wallonia 3 (60%) Brussels 1 (20%)
Parcel (capakey) Region Area Buildings Height / fl.
62001B0413/00M000 Wallonia 8.5 ha 1 · 4.8 ha 10.8 m · 2 fl.
92039A0109/00L000 Wallonia 3,488 m² 1 · 1,791 m² -
44034A1243/00T004 Flanders 1,766 m² 1 · 1,407 m² 16.4 m · 1 fl.
21814P0421/00S005indicative Brussels 1,211 m² - -
62808A0306/00D000 Wallonia 341 m² 1 · 110 m² 18.5 m · 6 fl.
Linked by address, not proof of ownership
Good to know
4 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.