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ALTRA DECOR

Active Private limited companyfounded 1972active for 54 yearsBierweg 38, 9880 AalterKBO/BCE: BE 0412.383.721 #3 oldest company in Aalter, Wholesale and retail trade sector
ALTRA DECOR
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 22-09-2026, 53 days late
Gross margin
€457,803
▼ 7.6%
Operating result
€50,034
▼ 27.3%
EBITDA
€106,697
▼ 10.8%
Cash flow
€86,747
▲ 0.9%
Solvency
76.7%
▲ 3.2 percentage points
Current ratio
2.90
▲ 0.31

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

Turnover ≈ €2.4m. Estimated: probably between €1.6m and €3.6m.

In the rankings #3 oldest company in Aalter, Wholesale and retail trade sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €1.3m on 31-12-2025
What the company ownsHow it is paid for

Change in equityin €m

Change in cashin euro

Position in the sector

Compare with sector

Solvency76.7%

Higher than 87% of 12,812 companies in 2025.

Current ratio2.90

Higher than 76% of 12,602 companies in 2025.

Return on assets2.3%

Higher than 39% of 12,676 companies in 2025.

ALTRA DECOR Middle half of the sector 80% of the sector Abbreviated accounts in retail trade (NACE 47)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter · Staff: middle half

Staff

Staff cost per FTE€67,012

Staff costs divided by the average number of full-time equivalents.

Joined and left-1

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
Total assets20/58 1.3m1.3m1.3m1.3m1.4m1.4m1.4m1.2m1.3m1.3m1.1m1.3m1.4m1.3m1.3m1.3m1.4m915,168892,689902,496
Fixed assets21/28 547,990599,899592,192627,607677,642696,560702,711632,763670,534658,361641,161681,591743,740746,400798,527762,649771,749158,967167,236196,489
Intangible fixed assets21 -------------5,8995,8995,899-5,899--
Tangible fixed assets22/27 547,990599,899592,192627,607677,642696,560702,711632,763670,534658,361641,161681,591743,740740,501792,628756,750765,860147,169161,337190,590
Land and buildings22 449,040469,124485,222504,252523,644540,529557,731571,253589,525598,701583,368597,460611,553635,898635,898598,584622,92986,00888,04697,631
Plant, machinery and equipment23 6,7429,18611,97216,87420,46032,03529,30334,49243,31732,31211,97613,51537,25160,341104,08392,62862,56346,49755,75765,407
Furniture and vehicles24 64,91287,69838,16337,20215,40113,00720,33227,01837,6935,8462,8146,11011,39044,26352,64865,53880,36814,66417,53427,552
Leasing and similar rights25 -016,34822,19864,459---------------
Other tangible fixed assets26 27,29633,89240,48747,08253,67856,37322,523-------------
Financial fixed assets28 ----------------5,8895,8995,8995,899
Current assets29/58 777,757741,737663,541714,337731,162701,001673,259572,575595,352601,668504,325643,007696,027519,541530,340535,792634,674756,201725,454706,007
Stocks and contracts in progress3 180,122187,262147,539167,740161,982146,645184,134191,241201,237226,673255,896452,343478,279341,010375,614358,197412,798428,415401,989385,138
Stocks30/36 180,122187,262147,539167,740161,982146,645184,134191,241201,237226,673255,896452,343478,279341,010375,614358,197412,798428,415401,989385,138
Amounts receivable within one year40/41 412,808433,877402,580414,556354,847300,042294,169259,188233,612209,341136,603104,062135,46167,36868,820111,219129,467133,128225,367199,195
Trade receivables40 406,052429,523395,273401,510350,304293,397282,609247,627223,183205,326119,680102,965101,26565,07745,32688,126111,719126,818104,10482,854
Other amounts receivable41 6,7564,3537,30713,0464,5436,64611,56011,56110,4294,01616,9241,09734,1962,29123,49423,09217,7486,311121,263116,342
Current investments50/53 ------------------98,098-
Cash at bank and in hand54/58 172,626111,93095,840116,097190,493235,959181,703111,095122,328147,961104,48872,74473,649111,16384,99266,37692,410192,110-121,674
Deferred charges and accrued income490/1 12,2028,66817,58215,94423,84118,35413,25311,05038,17517,6937,33913,8588,638-915--2,548--
Balance sheet: equity and liabilities
Total equity and liabilities10/49 1.3m1.3m1.3m1.3m1.4m1.4m1.4m1.2m1.3m1.3m1.1m1.3m1.4m1.3m1.3m1.3m1.4m915,168892,689902,496
Equity10/15 1.0m986,944951,736921,255894,219835,918749,135740,389739,849715,457627,377619,746613,242608,906602,351582,050563,246569,035535,342511,940
Contributions10/11 49,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,579
Capital10 ---49,57949,579---------------
Issued capital100 ---49,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,57949,579
Reserves13 967,451937,366902,157871,676844,640786,339699,556690,810690,271665,878577,798570,167553,538553,538536,118532,472519,457504,364485,764443,103
Non-distributable reserves130/1 7,2917,2917,2917,29112,86912,8697,2917,2917,2917,2917,2917,2917,2917,2917,29122,2453,6463,646--
Legal reserve130 ----5,5785,5785,5785,5785,5785,5785,5785,5785,5785,5785,5785,5785,5785,5785,5785,578
Own shares acquired1312 -------------7,2917,291-----
Other1319 7,2917,2917,2917,2917,2917,2917,2917,2917,2917,2917,2917,2917,291--22,2453,6463,646--
Tax-exempt reserves132 206206---5,00018,60018,60018,60018,60018,60018,60018,60018,60018,600-18,60018,600-18,600
Distributable reserves133 959,954929,869894,866864,385831,772768,470668,088659,341658,802634,410546,329538,698522,070522,070504,650504,649491,633476,541480,186418,925
Profit (loss) carried forward14 ------------10,1255,78916,654--5,78915,093-19,259
Provisions and deferred taxes16 -----------31,92930,835-23,80024,121----
Provisions for liabilities and charges160/5 -----------31,92930,835-23,80024,121----
Amounts payable17/49 308,718354,692303,998420,690514,585561,644626,835464,949526,036544,572518,109672,923795,691657,035702,717692,269843,176346,133357,347390,556
Amounts payable after more than one year17 17,87929,210024,29196,341159,789212,135165,334224,364289,131344,950403,052462,053444,710471,146423,197496,13511,43344,15670,667
Financial debts170/4 17,87929,210024,29196,341159,789212,135165,334224,364289,131344,950403,052462,053369,710396,146423,197421,13511,43344,15670,667
Other amounts payable178/9 -------------75,00075,000-75,000---
Amounts payable within one year42/48 268,163286,385291,044369,257382,654364,879413,648253,111248,864214,779172,665269,573333,638212,325231,571269,072347,041334,700313,191319,890
Current portion of amounts payable after more than one year42 11,33110,88324,29172,050104,48893,66384,32260,20276,62456,56759,89358,00470,70255,76326,43639,90772,751-21,64419,900
Financial debts43 -----------------35,886--
Credit institutions430/8 -----------------35,886--
Trade debts44 121,446136,526120,887114,843113,21189,47136,77831,82470,49080,1266,10589,488238,463140,127176,737186,004208,195156,496201,083253,276
Suppliers440/4 121,446136,526120,887114,843113,21189,47136,77831,42970,09679,7326,10581,949234,336140,127176,737186,004208,195151,604186,650218,348
Bills of exchange payable441 -------395395395-7,5394,127----4,89214,43334,928
Taxes, remuneration and social security45 72,85461,20477,41691,50891,04292,53089,72083,58883,03059,93165,27825,66114,00016,4358,322-51,6636,16443,00924,120
Taxes450/3 16,88312,54623,21112,50323,77925,75611,00218,06228,26410,44221,69113,3098756,0252,100-27,5422,35030,635-
Remuneration and social security454/9 55,97048,65854,20679,00567,26466,77478,71865,52654,76749,48943,58712,35313,12510,4106,222-24,1213,81312,37324,120
Other amounts payable47/48 62,53277,77268,45090,85773,91289,215202,82877,49718,72018,15541,39096,41910,473-20,07643,16114,432136,15447,45522,594
Accrued charges and deferred income492/3 22,67639,09612,95327,14235,59136,9761,05246,50552,80840,661494298--------
Income statement
Turnover70 -------------1.4m1.5m1.5m1.5m1.4m1.4m1.4m
Non-recurring operating income76A 07,96105001,2403,16537,19018---10,0004,05711,52915,43012910,2082,09323,21110,410
Gross operating margin9900 457,803495,276487,221487,800549,733540,212543,818493,079486,142541,110463,080455,630464,513380,064422,729443,378365,972340,717355,612338,178
Goods, raw materials, services and sundry goods60/61 -------------1.1m1.1m1.1m1.2m1.1m1.1m1.1m
Remuneration, social security and pensions62 335,060361,373372,598367,624364,384314,439361,621349,803297,688282,410289,498327,937355,083316,928286,391273,114277,057281,149266,767249,477
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 56,66250,80451,39447,90070,58167,79666,50843,66365,75551,07952,43866,729103,55671,18198,82691,97178,50635,68842,12644,153
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 ---------59,17929,210---------
Other operating charges640/8 16,04614,24513,52214,42313,70314,54511,50710,94712,8878,9388,9249,2979,0389,56611,0118,7164,3583,5313,9851,333
Non-recurring operating charges66A --013,6775641,031514655-4,3475752205,661-1,07715,3551,3611521,9951,477
Operating profit (loss)9901 50,03468,85449,70744,177100,502142,400103,66988,011109,812135,15883,00951,667-3,164-17,61226,50269,5776,05120,34942,73443,215
Financial income75/76B 2341494,2547,0531764383597848394684,353163-5,1244,9748,97615,857966105
Recurring financial income75 2341494,2547,0531764383597848394684,353163-5,1244,9748,97615,857966105
Financial charges65/66B 5,26716,5087,78411,53712,91516,28715,11815,64915,76321,78122,89131,79622,8623,12714,32424,52029,6635,9618,5248,440
Recurring financial charges65 5,26716,5087,78411,53712,91516,28715,11815,64915,76321,78122,89131,79622,8623,12714,32424,52029,6635,9618,5248,440
Profit (loss) for the period before taxes9903 45,00152,49546,17739,69387,763126,55188,90972,44094,096113,77159,61234,004-27,467-9,21131,65434,804-5,78932,18556,39243,812
Income taxes67/77 14,91617,28615,69612,65729,46139,76920,16317,90163,25919,2911,9807,500-20,172-15,00015,00015,000-17,09332,99024,553
Profit (loss) for the period9904 30,08535,20930,48127,03658,30286,78368,74654,53930,83794,48057,63126,504-7,2955,78916,65419,804-5,78915,09323,40219,259
Transfer from tax-exempt reserves789 ----5,00013,600--------------
Transfer to tax-exempt reserves689 0206------------------
Profit (loss) for the period to be appropriated9905 30,08535,00330,48127,03663,302100,38368,74654,53930,83794,48057,63126,504-7,2955,78916,65419,804-5,78915,09323,40219,259
Appropriation of the result
Profit (loss) to be appropriated9906 30,08535,00330,48127,03663,302100,38368,74654,53930,83794,48057,63136,6295,21622,44316,65414,0159,30415,09342,661126,849
Transfer from equity791/2 ------------4,909-------
Transfer to equity691/2 30,08535,00330,48127,03663,302100,3838,74653924,39288,0807,63116,629-16,654-14,01515,093-42,661107,590
Addition to contributions691 ----------------15,093---
To other reserves6921 30,08535,00330,48127,03663,302100,3838,74653924,39288,0807,63116,629-16,654-14,015--42,661107,590
Profit to be distributed694/7 ------60,00054,0006,4456,40050,00020,000--------
Return on contributions (dividend)694 ------60,00054,0006,4456,40050,00020,000--------
Social balance sheet
Average staff (FTE)9087 566.77.588.17.87.87.6-6.77.78.778.28.188.58.19.4
Hours worked1013 8,74310,33111,15412,32213,30112,06913,73713,43512,384-11,76813,35914,04314,25113,19012,98313,72113,60613,80420,878
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The accounts for 28 older financial years (1977-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 21 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 22-09-2026.

Download as CSV

Filings

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

2025 annual accounts filed 53 days after the deadline. Filed on 22 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00523231.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 22-09-2026 2026-00523231 PDF
31-12-2024 abbreviated format 24-09-2025 2025-00501365 PDF
31-12-2023 abbreviated format 18-09-2024 2024-00465613 PDF
31-12-2022 abbreviated format 31-08-2023 2023-00398289 PDF
31-12-2021 abbreviated format 09-09-2022 2022-20427519 PDF
31-12-2020 abbreviated format 10-09-2021 2021-67000145 PDF
31-12-2019 abbreviated format 28-09-2020 2020-56800464 PDF
31-12-2018 abbreviated format 12-09-2019 2019-64200235 PDF
31-12-2017 abbreviated format 04-10-2018 2018-68600427 PDF
31-12-2016 abbreviated format 20-09-2017 2017-61600283 PDF
31-12-2015 abbreviated format 08-09-2016 2016-59400535 PDF
31-12-2014 abbreviated format 29-09-2015 2015-61500003 PDF
31-12-2013 abbreviated format 28-08-2014 2014-51200430 PDF
31-12-2012 abbreviated format 29-11-2013 2013-67300298 PDF
31-12-2011 abbreviated format 12-03-2013 2013-06200272 PDF
31-12-2010 abbreviated format 01-06-2012 2012-14200193 PDF
31-12-2009 abbreviated format 30-12-2010 2010-65200170 PDF
31-12-2008 abbreviated format 04-12-2009 2009-87800316 PDF
31-12-2007 abbreviated format 22-10-2008 2008-79200397 PDF
31-12-2006 abbreviated format 18-12-2007 2007-83600385 PDF
31-12-2005 abbreviated format 27-12-2006 2006-93302922 PDF
31-12-2003 abbreviated format 28-09-2004 2004-67502054 PDF
31-12-2002 abbreviated format 29-07-2003 2003-54001638 PDF
31-12-2001 abbreviated format 14-06-2002 2002-21501787 PDF
31-12-2000 abbreviated format 02-08-2001 2001-47600684 PDF
31-12-1999 abbreviated format 06-06-2000 2000-18405045 PDF
31-12-1998 abbreviated format 28-05-1999 1999-12503504 PDF
31-12-1997 abbreviated format 23-06-1998 1998-21203353 PDF
31-12-1996 abbreviated format 30-05-1997 1997-11102497 PDF
31-12-1995 abbreviated format 28-05-1996 1996-10201737 PDF
31-12-1994 abbreviated format 02-06-1995 1995-11303539 PDF
31-12-1993 abbreviated format 03-06-1994 1994-11500605 PDF
31-12-1992 abbreviated format 04-06-1993 1993-10304948 PDF
31-12-1991 abbreviated format 12-06-1992 1992-10303468 PDF
31-12-1990 abbreviated format 29-05-1991 1991-06500765 PDF
31-12-1989 abbreviated format 30-05-1990 1990-05905283 PDF
31-12-1988 abbreviated format 30-05-1989 1989-05603838 PDF
31-12-1987 abbreviated format 30-05-1988 1988-05104948 PDF
31-12-1986 abbreviated format 26-05-1987 1987-07102987 PDF
31-12-1985 abbreviated format 30-05-1986 1986-09602150 PDF
31-12-1984 full format 28-05-1985 1985-06100700 PDF
31-12-1983 unclassified schema 25-05-1984 1984-03801910 PDF
31-12-1982 unclassified schema 27-05-1983 1983-03601382 PDF
31-12-1981 unclassified schema 25-05-1982 1982-03300538 PDF
31-12-1980 unclassified schema 26-05-1981 1981-03400498 PDF
31-12-1979 unclassified schema 20-05-1980 1980-02900010 PDF
31-12-1978 unclassified schema 25-05-1979 1979-03501069 PDF
30-12-1977 unclassified schema 22-05-1978 1978-01002348 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
EBITDA 106,697119,658101,10192,077171,083210,197170,177131,674175,567186,237135,448118,396100,39253,569125,327161,54884,55756,03784,86087,368
Cash flow 86,74786,01381,87574,936128,883154,579135,25498,20296,592145,559110,07093,23396,26176,971115,480111,77572,71750,78165,52963,412
Investment in fixed assets 4,75374,85915,9795,19151,66361,646136,4565,89277,92768,27912,0084,580136,62519,054134,70576,707697,19727,41912,87389,807
Change in cash 60,69516,090-20,257-74,396-45,46754,25770,608-11,233-25,63343,47331,744-905-37,51426,17118,616-26,034-99,700---
Working capital 509,594455,352372,497345,080348,509336,122259,611319,464346,488386,889331,660373,433362,389307,216298,770266,720287,633421,501412,262386,117
EBIT margin --------------1.2%1.8%4.6%0.4%1.5%2.9%3.1%
Solvency 76.7%73.6%75.8%68.7%63.5%59.8%54.4%61.4%58.4%56.8%54.8%46.8%42.6%48.1%45.3%44.8%40.0%62.2%60.0%56.7%
Current ratio 2.902.592.281.931.911.921.632.262.392.802.922.392.092.452.291.991.832.262.322.21
Quick ratio 2.231.941.771.481.491.521.181.511.581.751.440.710.650.840.670.660.640.981.031.00
Debt to equity 0.300.360.320.460.580.670.840.630.710.760.831.091.301.081.171.191.500.610.670.76
ROE 3.0%3.6%3.2%2.9%6.5%10.4%9.2%7.4%4.2%13.2%9.2%4.3%-1.2%1.0%2.8%3.4%-1.0%2.7%4.4%3.8%
ROA 2.3%2.6%2.4%2.0%4.1%6.2%5.0%4.5%2.4%7.5%5.0%2.0%-0.5%0.5%1.3%1.5%-0.4%1.6%2.6%2.1%
Interest coverage 20.267.2512.997.9813.25---------------
Customer credit -------------17 days11 days21 days27 days33 days26 days22 days
Supplier credit -------------48 days61 days63 days66 days54 days67 days87 days

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.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date56788
full-time45566
part-time11222
in full-time equivalents4.85.86.77.77.7
Average over the year, in full-time equivalents566.77.58
On a permanent contract56777
Joined00111
Left11111
Training hours0----

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€4,753€74,859€15,979€5,191€51,663
Financial fixed assets€0----
Depreciation and write-downs of the year€56,662€50,804€51,394€47,900€70,581

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on ALTRA DECOR

The operating result for 2025 is 27% lower than in 2024.

Debt's share of the balance-sheet total falls from 26.4% to 23.3%. Equity is higher and debt is lower.

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