ALTHAEA DEVELOPMENT

Inactive KBO/BCE: BE 0438.640.829

ALTHAEA DEVELOPMENT

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Overview

Lifetime

15 annual accounts with figures on one time axis, 32 filings since 1989

peak €54,066 (2017)

€36,733▲ 14.0%

lowest -€38,018 (2009)

€23,549▲ 24.5%

peak €329,933 (2020)

€329,933▲ 7.7%

€55,539▼ 53.3%

Owners2 names in the annual accounts

48.4%ALTHAEA DEVELOPMENT

Documentsfilings and deeds

11-06-202150 days before the deadline

2020micro format

Gross margin from €32,215 to €36,733Debts from €118,971 to €55,539Cash from €159,867 to €212,105

Key points

from the 2020 annual accounts, the last ones filed

Profit

6 years

6 profitable years in a row. Profit 2020: €23,549.

Liquidity

7.19 was 3.56 in 2019

Short-term debts fell from €115,784 to €52,182.

Filings

32 annual accounts since 1989

Nine of the last ten came late. The 2019 accounts came latest: 61 days after the end of the period.

No score

Recent changes

13-07-2021

Merger: absorbed by A&M CONSULT Gazette deed

27-05-2021

Merger proposal: to be absorbed by A&M Consult Transfer of shares from André HOUET to A&M Consult · Transfer of shares from Emmanuel Bois d'Enghien to A&M Consult · A&M Consult holds all the shares · Gazette deed

10-11-1989

Incorporation 26 publications in the Belgian Official Gazette, the last on 13-07-2021 · Gazette deed

All 41 events

Official details

Source: KBO

Status: Inactivedeed of incorporation of 10-11-1989 · last publication under the heading End on 13-07-2021
Activity: “Le conseil en matiere de gestion commerciale et marketing, financieres, technique, et administrative de…” (deed in French)From the articles, 2 activitiesNo NACE code in the KBO yet
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Annual accounts 2020

: €36,733▲ 14.0%
: ≈ €150,000estimated
: €23,549▲ 24.5%
: €329,933▲ 7.7%
: €385,471▼ 9.4%
Filing: Filed on 11-06-2021

Financials

Insights on ALTHAEA DEVELOPMENT

Inactive. The last annual accounts are for financial year 2020.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

micro format, filed on 11-06-2021, 50 days before the deadline

€36,733

▲ 14.0%

€28,066

▲ 16.8%

€23,549

▲ 24.5%

€323,171

▲ 9.1%

85.6%

▲ 13.6 percentage points

7.19

▲ 3.63

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €150,000. Estimated: probably between €89,000 and €270,000.

Balance sheet

balance sheet total €385,471 on 31-12-2020

What the company ownsHow it is paid for

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	385,471	425,355	368,269	314,636	258,519	230,369	185,769	188,866	198,111	226,363	172,705	188,053	229,244	242,157	584,304
`21/28`	10,119	13,297	15,484	19,733	6,333	1,085	578	1,155	-	-	-	354	709	-	787
`22/27`	10,119	13,297	15,484	19,733	6,333	1,085	578	1,155	-	-	-	354	709	-	787
`23`	6,948	8,479	11,111	12,226	-	-	-	-	-	-	-	-	-	-	-
`24`	3,171	4,818	4,373	7,507	6,333	1,085	578	1,155	-	-	-	354	709	-	787
`29/58`	375,352	412,057	352,784	294,903	252,185	229,284	185,191	187,710	198,111	226,363	172,705	187,698	228,536	242,157	583,517
`40/41`	160,358	249,538	222,536	208,374	202,948	174,552	138,627	131,992	119,111	171,414	111,024	107,399	82,264	144,923	108,237
`40`	60,488	81,663	76,581	87,187	97,854	115,069	77,174	78,819	84,443	139,483	71,789	67,034	45,133	107,775	84,256
`41`	99,870	167,875	145,955	121,187	105,093	59,483	61,454	53,173	34,667	31,931	39,235	40,365	37,131	37,149	23,981
`50/53`	2,641	2,642	2,642	2,645	2,648	2,649	2,647	2,644	2,626	2,622	15,456	28,252	64,947	96,270	200,000
`54/58`	212,105	159,867	127,595	83,885	46,590	52,083	43,917	53,075	76,374	52,327	46,184	51,974	81,325	964	275,280
`490/1`	249	11	11	-	-	-	-	-	-	-	41	74	-	-	-
Balance sheet: equity and liabilities
`10/49`	385,471	425,355	368,269	314,636	258,519	230,369	185,769	188,866	198,111	226,363	172,705	188,053	229,244	242,157	584,304
`10/15`	329,933	306,384	287,467	264,858	224,570	172,398	110,620	120,923	133,849	166,781	153,505	172,865	210,883	208,710	189,717
`10/11`	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727
`100`	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727	105,727
`13`	224,206	200,657	181,741	159,131	118,844	10,573	10,573	15,196	28,122	61,055	10,573	10,573	10,573	10,573	10,573
`130/1`	10,573	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	10,573	10,573	10,573	10,573	10,573	10,573	10,573	10,573	10,573	10,573	10,573	10,573	10,573	10,573	10,573
`133`	213,633	190,084	171,168	148,558	108,271	-	-	4,623	17,549	50,482	-	-	-	-	-
`14`	-	-	-	-	-	56,098	-5,679	-	-	-	37,206	56,565	94,584	92,411	73,418
`17/49`	55,539	118,971	80,801	49,778	33,948	57,971	75,148	67,943	64,262	59,582	19,200	15,188	18,361	33,447	394,586
`42/48`	52,182	115,784	77,614	46,591	30,761	54,784	72,687	66,206	63,250	59,295	19,200	15,188	13,681	23,427	394,586
`44`	23,728	87,734	34,709	20,182	21,836	40,284	58,187	51,706	48,750	44,795	19,200	15,017	13,681	2,377	357,458
`440/4`	23,728	87,734	34,709	20,182	21,836	40,284	58,187	51,706	48,750	44,795	19,200	15,017	13,681	2,377	357,458
`45`	28,454	28,050	42,905	26,409	8,926	-	-	-	-	-	-	171	-	20,676	36,682
`450/3`	28,454	28,050	42,905	26,409	8,926	-	-	-	-	-	-	171	-	20,676	36,682
`47/48`	-	-	-	-	-	14,500	14,500	14,500	14,500	14,500	-	-	-	374	446
`492/3`	3,357	3,187	3,187	3,187	3,187	3,187	2,462	1,737	1,012	287	-	-	4,680	10,020	-
Income statement
`76A`	-	-	-	-	-	18,150	-	-	-	-	-	-	-	-	-
`9900`	36,733	32,215	42,480	54,066	40,492	44,339	-9,911	-12,463	-30,208	13,050	-19,508	-38,454	4,049	23,406	45,555
`630`	6,880	7,830	9,336	8,392	3,166	1,120	578	578	-	-	354	354	354	787	1,378
`640/8`	1,788	348	348	348	458	458	458	348	453	453	563	348	853	348	348
`66A`	-	-	-	-	-	-	-	-	2,800	-	-	-	-	-	-
`9901`	28,066	24,037	32,796	45,327	36,869	42,762	-10,946	-13,388	-30,660	12,598	-20,425	-39,156	2,842	22,272	43,830
`75/76B`	8,865	6,690	4,506	21,397	20,702	1,834	1,628	1,462	1,550	1,212	1,385	1,654	1,152	4,470	222
`75`	8,865	6,690	4,506	2,576	1,880	1,834	1,628	1,462	1,550	1,212	1,385	1,654	1,152	4,470	222
`76B`	-	-	-	18,822	18,822	-	-	-	-	-	-	-	-	-	-
`65/66B`	303	219	191	466	181	968	984	1,000	1,022	534	319	345	1,821	479	765
`65`	303	219	191	466	181	968	984	1,000	1,022	534	319	345	1,821	479	765
`9903`	36,628	30,508	37,111	66,258	57,390	61,778	-10,302	-12,926	-32,932	13,276	-19,360	-37,848	2,173	26,263	43,286
`67/77`	13,079	11,592	14,502	25,970	5,217	0	-	-	-	-	-	171	-	7,270	14,231
`9904`	23,549	18,917	22,609	40,288	52,173	61,778	-10,302	-12,926	-32,932	13,276	-19,360	-38,018	2,173	18,993	29,055
`9905`	23,549	18,917	22,609	40,288	52,173	61,778	-10,302	-12,926	-32,932	13,276	-19,360	-38,018	2,173	18,993	29,055
Appropriation of the result
`9906`	23,549	18,917	22,609	40,288	108,271	56,098	-10,302	-12,926	-32,932	50,482	37,206	56,565	94,584	92,411	77,991
`791/2`	-	-	-	-	-	-	4,623	17,549	32,932	-	-	-	-	-	-
`691/2`	23,549	18,917	22,609	40,288	108,271	-	-	4,623	-	50,482	-	-	-	-	4,573
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,573
`6921`	23,549	18,917	22,609	40,288	108,271	-	-	4,623	-	50,482	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 17 older financial years (1989-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2020 (PDF), filed on 11-06-2021.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2020	micro format	11-06-2021	2021-19200139	PDF
31-12-2019	micro format	30-09-2020	2020-57600574	PDF
31-12-2018	micro format	26-08-2019	2019-51300174	PDF
31-12-2017	micro format	01-08-2018	2018-42500104	PDF
31-12-2016	micro format	29-09-2017	2017-64400460	PDF
31-12-2015	full format	30-08-2016	2016-56200600	PDF
31-12-2014	full format	31-08-2015	2015-56800343	PDF
31-12-2013	full format	28-08-2014	2014-54700503	PDF
31-12-2012	full format	29-08-2013	2013-53200131	PDF
31-12-2011	full format	31-08-2012	2012-55400130	PDF
31-12-2010	full format	31-08-2011	2011-53300509	PDF
31-12-2009	full format	31-08-2010	2010-53200288	PDF
31-12-2008	full format	31-08-2009	2009-72400076	PDF
31-12-2007	full format	26-08-2008	2008-65900047	PDF
31-12-2006	full format	31-08-2007	2007-68200229	PDF
31-12-2005	full format	31-08-2006	2006-71400264	PDF
31-12-2004	full format	20-07-2005	2005-51400180	PDF
31-12-2003	full format	05-10-2004	2004-70400071	PDF
31-12-2002	full format	21-10-2003	2003-75502969	PDF
31-12-2001	full format	09-10-2002	2002-64501067	PDF
31-12-2000	full format	04-09-2001	2001-54001886	PDF
31-12-1999	full format	17-10-2000	2000-65701887	PDF
31-12-1998	full format	10-11-1999	1999-58200281	PDF
31-12-1997	full format	28-10-1998	1998-55400625	PDF
31-12-1996	full format	30-10-1997	1997-51404265	PDF
31-12-1995	full format	19-06-1996	1996-18104382	PDF
31-12-1994	full format	04-07-1995	1995-35404109	PDF
31-12-1993	full format	18-07-1994	1994-30504497	PDF
31-12-1992	full format	30-07-1993	1993-29604760	PDF
31-12-1991	full format	07-07-1992	1992-19805288	PDF
31-12-1990	full format	19-09-1991	1991-25803415	PDF
31-12-1989	full format	13-08-1990	1990-21404920	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
34,946	31,867	42,132	53,719	40,034	43,882	-10,368	-12,810	-	-	-20,071	-38,802	3,196	23,059	45,208
30,429	26,747	31,945	48,679	55,338	62,898	-9,725	-12,348	-	-	-19,005	-37,664	2,527	19,779	30,433
3,701	5,643	5,088	21,791	8,414	1,627	0	1,733	-	-	0	0	1,063	0	-
52,237	32,272	43,710	37,296	-5,493	8,166	-9,158	-23,299	24,047	6,143	-5,789	-29,352	80,361	-274,316	-
323,171	296,273	275,170	248,312	221,424	174,500	112,504	121,504	134,861	167,068	153,505	172,511	214,855	218,730	188,931
85.6%	72.0%	78.1%	84.2%	86.9%	74.8%	59.5%	64.0%	67.6%	73.7%	88.9%	91.9%	92.0%	86.2%	32.5%
7.19	3.56	4.55	6.33	8.20	4.19	2.55	2.84	3.13	3.82	9.00	12.36	16.70	10.34	1.48
0.17	0.39	0.28	0.19	0.15	0.34	0.68	0.56	0.48	0.36	0.13	0.09	0.09	0.16	2.08
7.1%	6.2%	7.9%	15.2%	23.2%	35.8%	-9.3%	-10.7%	-24.6%	8.0%	-12.6%	-22.0%	1.0%	9.1%	15.3%
6.1%	4.4%	6.1%	12.8%	20.2%	26.8%	-5.5%	-6.8%	-16.6%	5.9%	-11.2%	-20.2%	0.9%	7.8%	5.0%

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.

Insights on ALTHAEA DEVELOPMENT

The operating result for 2020 is 17% higher than in 2019. It is a recovery after the fall in 2019.

Debt's share of the balance-sheet total falls from 28.0% to 14.4%. Equity is higher and debt is lower.

Board & ownership

Control

Shareholder

A&M Consult

This company

ALTHAEA DEVELOPMENT

Equity €329,933

Profit €23,549 in 2020

Capital

Capital: €105,726.59
Shares: 281
Contribution per share: €376
Equity per share: €1,174 in 2020
Source: deed of 27-05-2021

Owners through the years

as the annual accounts name them

49% until 2016

Owners as a list

ALTHAEA DEVELOPMENT
- 2007 to 2020: 48.4%
BRIXAM
- 2007 to 2016: 49%

Source: lists of holdings in the owners' accounts

Shareholders

Stated in the deed deed of 27-05-2021 ↗

A&M Consult (BE 0447.698.253) all shares

Share transfer deed of 27-05-2021 ↗

André HOUET to A&M Consult (BE 0447.698.253)
Emmanuel Bois d'Enghien to A&M Consult (BE 0447.698.253)

Office holders in the KBO →

Network & group

No group

ALTHAEA DEVELOPMENT has no parent and no holdings in its annual accounts.

Board mandates elsewhere

3 board mandates

Board mandates of ALTHAEA DEVELOPMENTALTHAEA DEVELOPMENT sits on their board3

A C H CONSTRUCT

Director

Founded in 2000 · 57 FTE (2025)

A C H BOUW

Director

Founded in 2000 · 29 FTE (2025)

BRUALFA

Director

Founded in 2000 · 3.8 FTE (2025)

Connections & network

Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet

Timeline

41 events since 1989

Capital

Filings

Financial

19901995200020052010201520202025

2021

13-07-2021

Merger: absorbed by A&M CONSULT1 point ▸

Accounting effect, 01-01-2021
The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

11-06-2021

Annual accounts 2020 filed PDFmicro format · 50 days before the deadline

27-05-2021

Merger proposal: to be absorbed by A&M ConsultTransfer of shares from André HOUET to A&M Consult · Transfer of shares from Emmanuel Bois d'Enghien to A&M Consult · A&M Consult holds all the shares15 points ▸

A&M Consult holds all the shares, mentioned twice in the deed
Share transfer, André HOUET → A&M Consult
Share transfer, Emmanuel Bois d'Enghien → A&M Consult
Board composition, Marie-France WILLEMS (director), mentioned twice in the deed
Board composition, André HOUET (director), mentioned twice in the deed
Board composition, Gaetan HOUET (director)
Capital increase, €24,315.97
Net-asset statement, 01-01-2021, 1258838.65
Capital, €34,184.03, 300 shares
Name change, Althaea Development
Registered office clause, Rue Louis Taburiaux 7 à 1472 Vieux-Genappe
Capital, €105,726.59, 281 shares
Accounting effect, 01-01-2021
Net-asset statement, 31-12-2020, 73449.12
Net-asset statement, 212104.63, 31-12-2020
The deed holds 12 more points.

Open the deed in the Belgian Official Gazette

2020

31-12-2020

Liquidity doubles current ratio 7.19 The current ratio rises from 3.56 to 7.19. Short-term debt falls from €115,784 to €52,182.

30-09-2020

Annual accounts 2019 filed PDFmicro format · 61 days late

2019

26-08-2019

Annual accounts 2018 filed PDFmicro format · 26 days late

2018

01-08-2018

Annual accounts 2017 filed PDFmicro format · 1 day late

2017

29-09-2017

Annual accounts 2016 filed PDFmicro format · 60 days late

2016

30-08-2016

Annual accounts 2015 filed PDFfull format · 30 days late

2015

31-12-2015

Back to profit net €61,778 The net result is €61,778, after 3 loss-making years.

31-08-2015

Annual accounts 2014 filed PDFfull format · 31 days late

2014

28-08-2014

Annual accounts 2013 filed PDFfull format · 28 days late

2013

29-08-2013

Annual accounts 2012 filed PDFfull format · 29 days late

2012

31-08-2012

Annual accounts 2011 filed PDFfull format · 31 days late

2011

31-12-2011

Back to profit net €13,276 The net result is €13,276, after 2 loss-making years.

31-08-2011

Annual accounts 2010 filed PDFfull format · 31 days late

2010

31-08-2010

Annual accounts 2009 filed PDFfull format · 31 days late

2009

31-12-2009

Weakest financial year net -€38,018 The net result drops to -€38,018, the lowest from 2006 to 2020.

31-08-2009

Annual accounts 2008 filed PDFfull format · 31 days late

2008

26-08-2008

Annual accounts 2007 filed PDFfull format · 26 days late

2007

31-12-2007

Liquidity more than 6 times current ratio 10.34 The current ratio rises from 1.48 to 10.34. Short-term debt falls from €394,586 to €23,427.

31-12-2007

Equity above €200,000 equity €208,710 ▲10% With a profit in every financial year since 2006, equity grows to €208,710.

31-08-2007

Annual accounts 2006 filed PDFfull format · 31 days late

2006

31-08-2006

Annual accounts 2005 filed PDFfull format

2005

20-07-2005

Annual accounts 2004 filed PDFfull format

2004

05-10-2004

Annual accounts 2003 filed PDFfull format

2003

21-10-2003

Annual accounts 2002 filed PDFfull format

2002

09-10-2002

Annual accounts 2001 filed PDFfull format

2001

04-09-2001

Annual accounts 2000 filed PDFfull format

2000

17-10-2000

Annual accounts 1999 filed PDFfull format

1999

10-11-1999

Annual accounts 1998 filed PDFfull format

1998

28-10-1998

Annual accounts 1997 filed PDFfull format

1997

30-10-1997

Annual accounts 1996 filed PDFfull format

1996

19-06-1996

Annual accounts 1995 filed PDFfull format

1995

04-07-1995

Annual accounts 1994 filed PDFfull format

1994

18-07-1994

Annual accounts 1993 filed PDFfull format

1993

30-07-1993

Annual accounts 1992 filed PDFfull format

1992

07-07-1992

Annual accounts 1991 filed PDFfull format

1991

19-09-1991

Annual accounts 1990 filed PDFfull format

1990

13-08-1990

Annual accounts 1989 filed PDFfull format

1989

10-11-1989

Incorporation 26 publications in the Belgian Official Gazette, the last on 13-07-2021

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

Company details

Purpose according to the articles of association

Purpose: “Le conseil en matiere de gestion commerciale et marketing, financieres, technique, et administrative de societe de services financiers…”
2 activities
Le conseil en matiere de gestion commerciale et marketing, financieres, technique, et administrative de societe de services financiers, immobiliers, commerciales, industrielles, minieres, forestieres et agricoles.
Le conseil, l'organisation, la coordination, l'intervention dans toutes les matieres touchant la vie des entreprises meme internationales.

Articles of association, deed of 27-05-2021 (in French)

Inactive

ALTHAEA DEVELOPMENT is no longer in the KBO register.

Last annual accounts: financial year to 31 December 2020
Last registered office: Rue Louis Taburiaux 7, 1472 Vieux-Genappeas published on 13 July 2021
Legal form: Public limited company
First annual accounts: financial year 1989

Official KBO record

Overview

Lifetime

Key points

Profit

Liquidity

Filings

Recent changes

Official details

Annual accounts 2020

Insights on ALTHAEA DEVELOPMENT

Financials

Annual accounts 2020

Balance sheet

Change in equityin euro

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Insights on ALTHAEA DEVELOPMENT

Board & ownership

Control

Capital

Owners through the years

Shareholders

Network & group

No group

Board mandates elsewhere

Connections & network

Timeline

Timeline

Company details

Purpose according to the articles of association

Inactive

in euro

in euro