ALTFIVE
Annual accounts 2025
micro format, filed on 26-06-2026, 35 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €240,000. Estimated: probably between €210,000 and €350,000.
Balance sheet
balance sheet total €156,112 on 31-12-2025in euro
in euro
Position in the sector
13.1%
Higher than 16% of 21,206 companies in 2025.
1.07
Higher than 21% of 20,569 companies in 2025.
78.2%
Higher than 95% of 20,744 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
156,112 | 153,392 | 162,875 | 150,764 | 370,572 | 275,862 | 188,251 | 114,689 | |
21/28 |
10,666 | 12,301 | 12,687 | 1,562 | 6,366 | 11,754 | 16,670 | 18,383 | |
22/27 |
10,641 | 12,276 | 12,662 | 1,537 | 6,341 | 11,729 | 16,645 | 18,358 | |
23 |
10,024 | 11,531 | 11,789 | 536 | 915 | 1,487 | 2,974 | - | |
24 |
- | - | - | - | 4,297 | 8,984 | 13,671 | 18,358 | |
26 |
617 | 745 | 873 | 1,001 | 1,130 | 1,258 | - | - | |
28 |
25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | |
29/58 |
145,446 | 141,092 | 150,187 | 149,202 | 364,205 | 264,108 | 171,581 | 96,306 | |
29 |
- | - | - | - | 20,000 | - | - | - | |
291 |
- | - | - | - | 20,000 | - | - | - | |
40/41 |
191 | 916 | 3,000 | 19,689 | 18,446 | 18,277 | 28,482 | 17,893 | |
40 |
- | 916 | 3,000 | 19,689 | 18,446 | 18,277 | 28,482 | 17,846 | |
41 |
191 | - | - | - | - | - | - | 46 | |
54/58 |
142,023 | 139,355 | 144,829 | 128,605 | 324,944 | 245,006 | 142,387 | 77,250 | |
490/1 |
3,233 | 821 | 2,358 | 907 | 815 | 826 | 713 | 1,164 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
156,112 | 153,392 | 162,875 | 150,764 | 370,572 | 275,862 | 188,251 | 114,689 | |
10/15 |
20,460 | 20,460 | 20,460 | 20,460 | 8,060 | 218,652 | 156,879 | 84,132 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
14 |
- | - | - | - | - | 210,592 | 148,819 | 76,072 | |
17/49 |
135,652 | 132,932 | 142,415 | 130,304 | 362,512 | 57,210 | 31,372 | 30,557 | |
42/48 |
135,652 | 132,932 | 142,415 | 130,304 | 362,512 | 57,210 | 31,372 | 30,557 | |
44 |
344 | 1,757 | 12,569 | 7,356 | 1,207 | 10,162 | 7,155 | 6,817 | |
440/4 |
344 | 1,757 | 12,569 | 7,356 | 1,207 | 10,162 | 7,155 | 6,817 | |
45 |
12,784 | 14,657 | 21,094 | 41,392 | 57,126 | 44,452 | 22,605 | 22,941 | |
450/3 |
12,784 | 12,342 | 18,808 | 39,144 | 54,895 | 44,452 | 22,605 | 22,621 | |
454/9 |
- | 2,315 | 2,286 | 2,248 | 2,231 | - | - | 320 | |
47/48 |
122,524 | 116,518 | 108,752 | 81,555 | 304,178 | 2,596 | 1,612 | 800 | |
| Income statement | |||||||||
9900 |
166,867 | 159,094 | 147,430 | 115,306 | 128,804 | 85,058 | 100,224 | 105,826 | |
630 |
1,635 | 1,521 | 540 | 4,804 | 6,526 | 6,199 | 6,174 | 5,078 | |
640/8 |
1,065 | 573 | 160 | 117 | 200 | 198 | 484 | 287 | |
9901 |
164,168 | 157,000 | 146,730 | 110,384 | 122,078 | 78,662 | 93,566 | 100,461 | |
75/76B |
- | 10 | - | 68 | - | 2 | - | - | |
75 |
- | 10 | - | 68 | - | - | - | - | |
76B |
- | - | - | - | - | 2 | - | - | |
65/66B |
296 | 296 | 272 | 350 | 369 | 371 | 110 | 239 | |
65 |
296 | 296 | 272 | 350 | 369 | 371 | 110 | 239 | |
9903 |
163,871 | 156,713 | 146,458 | 110,102 | 121,709 | 78,292 | 93,456 | 100,222 | |
67/77 |
41,866 | 40,378 | 37,874 | 28,731 | 28,307 | 16,519 | 19,897 | 21,490 | |
9904 |
122,005 | 116,335 | 108,584 | 81,371 | 93,403 | 61,773 | 73,559 | 78,732 | |
9905 |
122,005 | 116,335 | 108,584 | 81,371 | 93,403 | 61,773 | 73,559 | 78,732 | |
| Appropriation of the result | |||||||||
9906 |
122,005 | 116,335 | 108,584 | 81,371 | 303,994 | 210,592 | 149,631 | 78,732 | |
691/2 |
- | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
694/7 |
122,005 | 116,335 | 108,584 | 81,371 | 303,994 | - | 812 | 800 | |
694 |
122,005 | 116,335 | 108,584 | 81,371 | 303,994 | - | 812 | 800 | |
| Document | |||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-06-2026 | 2026-00217721 | |
| 31-12-2024 | micro format | 15-05-2025 | 2025-00099470 | |
| 31-12-2023 | micro format | 22-04-2024 | 2024-00067061 | |
| 31-12-2022 | micro format | 06-07-2023 | 2023-00215397 | |
| 31-12-2021 | micro format | 15-03-2022 | 2022-07700327 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-28300413 | |
| 31-12-2019 | micro format | 10-09-2020 | 2020-52400273 | |
| 31-12-2018 | micro format | 19-07-2019 | 2019-35400201 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 165,803 | 158,521 | 147,270 | 115,188 | 128,604 | 84,860 | 99,740 | 105,538 | ||
| 123,640 | 117,856 | 109,124 | 86,176 | 99,929 | 67,972 | 79,733 | 83,810 | ||
| 0 | 1,134 | 11,665 | 0 | 1,139 | 1,283 | 4,461 | 23,461 | ||
| 2,668 | -5,475 | 16,224 | -196,339 | 79,938 | 102,619 | 65,137 | - | ||
| 9,794 | 8,159 | 7,773 | 18,898 | 1,694 | 206,898 | 140,209 | 65,749 | ||
| 13.1% | 13.3% | 12.6% | 13.6% | 2.2% | 79.3% | 83.3% | 73.4% | ||
| 1.07 | 1.06 | 1.05 | 1.15 | 1.00 | 4.62 | 5.47 | 3.15 | ||
| 6.63 | 6.50 | 6.96 | 6.37 | 44.98 | 0.26 | 0.20 | 0.36 | ||
| 596.3% | 568.6% | 530.7% | 397.7% | - | 28.3% | 46.9% | 93.6% | ||
| 78.2% | 75.8% | 66.7% | 54.0% | 25.2% | 22.4% | 39.1% | 68.6% | ||
| over 100 | over 100 | over 100 | over 100 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,134 | €11,665 | - |
| €1,635 | €1,521 | €540 | €4,804 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on ALTFIVE
The operating result for 2025 is 5% higher than in 2024 and the highest since 2018. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 86.7% to 86.9%. Debt is higher.