Equity
MK ENGINEERING paid out €30,000 in dividends. That is 73% of the 2025 profit.
MK ENGINEERING paid out €30,000 in dividends. That is 73% of the 2025 profit.
In 2025, 2 people joined and 4 left.
The dashed line is the sector median: 0.1% across 689 companies (NACE 71, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, small). It does better than 48% of them on solvency, 68% on liquidity, 58% on profitability and 49% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 14,766 companies had the same profile as MK ENGINEERING has now. Each dot stands for 37 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MK ENGINEERING itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for MK ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.6 (1.8 in 2024), above the usual 1.5. Short-term debt is 58.1% and cash 31% of total assets. However, 60.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| MK ENGINEERING Ixelles | €0.9m | €1.2m | 39.1% | 14.6 |
| RDC ENVIRONMENT Auderghem | €1.2m | €1.5m | 36.7% | 14 |
| TECHNOCON Aalter | €0.8m | €1.0m | 62.4% | 11.6 |
| INTERFACE SOFT SERVICE Andenne | €0.8m | €1.3m | 60.1% | 10.5 |
| ASSET Ghent | €0.8m | €0.9m | 77.8% | 14 |
| Evolv Engineering Roeselare | €1.1m | €1.4m | 53.0% | 12.7 |
| CONTROL & PROTECTION AUTOMATION Antwerp | €0.6m | €1.2m | -232.1% | 12 |
These companies have the same main activity as MK ENGINEERING: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €642,000 and €1.2m, founded between 1985 and 1996.
MK ENGINEERING has existed since 1991. The gross margin grew from €161,571 in 2006 to €1.2m in 2025 and staff from 3 to 14.6 full-time equivalents.
The gross margin has grown every year since 2022.
ALT-O holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €2.0m. Estimated: probably between €1.4m and €3.3m.
Higher than 47% of 892 companies in 2025.
Higher than 52% of 880 companies in 2025.
Higher than 55% of 891 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 2 people joined and 4 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
867,625 | 776,036 | 632,438 | 600,252 | 660,531 | 510,121 | 629,732 | 400,243 | 380,579 | 321,166 | 433,659 | 315,171 | 278,123 | 388,012 | 326,085 | 237,843 | 181,052 | 208,300 | 167,543 | 156,968 | |
21/28 |
59,696 | 86,166 | 53,346 | 32,157 | 21,424 | 41,896 | 60,967 | 64,225 | 31,474 | 33,201 | 34,505 | 41,990 | 48,602 | 6,022 | 13,564 | 24,474 | 16,501 | 12,855 | 17,131 | 23,153 | |
21 |
218 | 953 | 1,688 | 520 | 1,040 | 2,400 | 3,760 | 2,520 | 3,360 | - | - | - | - | 669 | 1,506 | 2,510 | - | - | - | - | |
22/27 |
48,570 | 74,305 | 40,250 | 15,839 | 8,976 | 28,088 | 45,799 | 50,297 | 17,206 | 22,293 | 23,597 | 31,082 | 37,694 | 4,704 | 11,411 | 21,317 | 15,854 | 12,207 | 16,483 | 22,505 | |
23 |
504 | 672 | 840 | 1,008 | 1,176 | 1,344 | 1,512 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
24 |
48,066 | 73,633 | 39,410 | 14,831 | 7,800 | 26,744 | 44,287 | 50,297 | 17,206 | 22,293 | 23,597 | 31,082 | 37,694 | 4,704 | 11,411 | 21,317 | 15,042 | 10,583 | 14,047 | 19,257 | |
26 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 812 | 1,624 | 2,436 | 3,248 | |
28 |
10,908 | 10,908 | 11,408 | 15,798 | 11,408 | 11,408 | 11,408 | 11,408 | 10,908 | 10,908 | 10,908 | 10,908 | 10,908 | 648 | 648 | 648 | 648 | 648 | 648 | 648 | |
29/58 |
807,930 | 689,871 | 579,092 | 568,095 | 639,106 | 468,225 | 568,765 | 336,018 | 349,106 | 287,965 | 399,154 | 273,181 | 229,521 | 381,990 | 312,520 | 213,369 | 164,550 | 195,445 | 150,412 | 133,815 | |
40/41 |
483,033 | 420,713 | 366,498 | 227,667 | 461,884 | 319,304 | 356,811 | 181,621 | 261,832 | 246,997 | 254,385 | 273,181 | 151,180 | 336,870 | 237,153 | 199,123 | 159,877 | 105,288 | 145,872 | 129,642 | |
40 |
483,033 | 378,284 | 349,372 | 207,792 | 442,063 | 290,931 | 319,245 | 150,436 | 261,832 | 241,700 | 254,385 | 268,843 | 147,884 | 288,558 | 189,563 | 132,891 | 99,415 | 64,439 | 140,623 | 126,551 | |
41 |
- | 42,429 | 17,126 | 19,875 | 19,821 | 28,373 | 37,566 | 31,185 | - | 5,297 | - | 4,338 | 3,296 | 48,312 | 47,590 | 66,232 | 60,461 | 40,850 | 5,249 | 3,091 | |
54/58 |
269,203 | 114,417 | 70,469 | 206,494 | 30,446 | 256 | 137,954 | 108,710 | 66,274 | 25,285 | - | - | 78,341 | 42,962 | 69,965 | 10,372 | 4,673 | 87,413 | 141 | 234 | |
490/1 |
55,694 | 154,741 | 142,125 | 133,934 | 146,776 | 148,665 | 74,000 | 45,687 | 21,000 | 15,683 | 144,769 | - | - | 2,158 | 5,402 | 3,873 | - | 2,744 | 4,400 | 3,939 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
867,625 | 776,036 | 632,438 | 600,252 | 660,531 | 510,121 | 629,732 | 400,243 | 380,579 | 321,166 | 433,659 | 315,171 | 278,123 | 388,012 | 326,085 | 237,843 | 181,052 | 208,300 | 167,543 | 156,968 | |
10/15 |
339,150 | 328,222 | 275,183 | 216,296 | 209,059 | 133,320 | 241,752 | 215,262 | 212,507 | 148,234 | 127,062 | 72,883 | 64,369 | 145,831 | 143,765 | 118,186 | 105,892 | 96,989 | 76,559 | 34,964 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 13,014 | 13,014 | 13,014 | 13,014 | 13,014 | 13,014 | 13,014 | 13,014 | 13,014 | 13,014 | |
10 |
- | - | - | - | 18,592 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | - | - | - | - | - | 5,578 | 5,578 | 5,578 | 5,578 | 5,578 | 5,578 | 5,578 | 5,578 | 5,578 | 5,578 | |
13 |
45,100 | 45,100 | 46,959 | 46,959 | 46,959 | 46,959 | 46,959 | 46,959 | 46,959 | 28,209 | 20,609 | 1,859 | 1,859 | 132,817 | 130,750 | 105,171 | 92,878 | 1,859 | 1,859 | 1,859 | |
130/1 |
- | - | - | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
- | - | - | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
45,100 | 45,100 | 45,100 | 45,100 | 45,100 | 45,100 | 45,100 | 45,100 | 45,100 | 26,350 | 18,750 | - | - | - | - | - | - | - | - | - | |
133 |
- | - | 1,859 | - | - | - | - | - | - | - | - | - | - | 130,958 | 128,891 | 103,312 | 91,019 | - | - | - | |
14 |
275,458 | 264,530 | 209,632 | 150,744 | 143,508 | 67,768 | 176,200 | 149,711 | 146,956 | 101,433 | 93,438 | 58,010 | 49,495 | - | - | - | - | 82,115 | 61,686 | 20,091 | |
17/49 |
528,476 | 447,814 | 357,254 | 383,956 | 451,471 | 376,801 | 387,980 | 184,981 | 168,072 | 172,932 | 306,597 | 242,288 | 213,754 | 242,180 | 182,320 | 119,657 | 75,159 | 111,312 | 90,984 | 122,004 | |
17 |
16,989 | 34,567 | 23,593 | 16,947 | 24,869 | 10,260 | 14,526 | 22,404 | 16,945 | 24,234 | 14,181 | 24,995 | 24,894 | - | 1,383 | 10,016 | - | - | 6,105 | 13,950 | |
170/4 |
16,989 | 34,567 | 23,593 | 6,687 | 14,609 | - | 4,266 | 11,499 | 6,041 | 13,974 | 3,921 | 14,735 | 24,894 | - | 1,383 | 10,016 | - | - | 6,105 | 13,950 | |
178/9 |
- | - | - | 10,260 | 10,260 | 10,260 | 10,260 | 10,905 | 10,905 | 10,260 | 10,260 | 10,260 | - | - | - | - | - | - | - | - | |
42/48 |
503,987 | 382,632 | 301,277 | 328,394 | 378,680 | 331,339 | 339,806 | 146,139 | 137,683 | 143,993 | 292,416 | 217,293 | 188,860 | 237,180 | 180,937 | 106,766 | 75,159 | 74,613 | 81,853 | 104,799 | |
42 |
12,630 | 20,521 | 14,949 | 12,448 | 74,855 | 79,095 | 86,152 | 65,734 | 38,858 | 36,906 | 36,112 | 72,575 | 20,585 | 1,383 | 8,633 | 8,633 | - | 6,105 | 7,846 | 9,089 | |
43 |
96,641 | 99,021 | 77,029 | 58,924 | - | 23,903 | - | - | - | - | 21,350 | 15,238 | - | - | 3,464 | 3,817 | - | - | 7,985 | 4,625 | |
430/8 |
96,641 | 99,021 | 77,029 | 58,924 | - | 23,903 | - | - | - | - | 21,350 | 15,238 | - | - | 3,464 | 3,817 | - | - | 7,985 | 4,625 | |
44 |
194,069 | 90,041 | 72,368 | 54,019 | 56,800 | 30,122 | 26,846 | 1,170 | 8,285 | 4,215 | 113,729 | 37,270 | 31,154 | 127,512 | 86,171 | 44,428 | 33,120 | 11,430 | 5,706 | 17,447 | |
440/4 |
194,069 | 90,041 | 72,368 | 54,019 | 56,800 | 30,122 | 26,846 | 1,170 | 8,285 | 4,215 | 113,729 | 37,270 | 31,154 | 127,512 | 86,171 | 44,428 | 33,120 | 11,430 | 5,706 | 17,447 | |
45 |
170,647 | 173,049 | 134,331 | 113,002 | 197,024 | 148,219 | 226,809 | 79,235 | 90,540 | 77,949 | 71,225 | 92,210 | 137,121 | 108,286 | 82,669 | 49,888 | 42,040 | 47,079 | 36,732 | 30,546 | |
450/3 |
50,662 | 67,745 | 36,597 | 35,149 | 58,912 | 42,594 | 107,885 | 20,623 | 36,246 | 39,060 | 45,406 | 33,800 | 37,076 | 60,059 | 36,149 | 23,373 | 23,131 | 27,203 | 18,528 | 12,785 | |
454/9 |
119,985 | 105,304 | 97,734 | 77,854 | 138,113 | 105,625 | 118,923 | 58,611 | 54,293 | 38,889 | 25,819 | 58,410 | 100,045 | 48,227 | 46,520 | 26,515 | 18,909 | 19,876 | 18,203 | 17,761 | |
47/48 |
30,000 | - | 2,600 | 90,000 | 50,000 | 50,000 | - | - | - | 24,922 | 50,000 | - | - | - | - | - | - | 10,000 | 23,585 | 43,092 | |
492/3 |
7,500 | 30,615 | 32,385 | 38,615 | 47,923 | 35,202 | 33,648 | 16,438 | 13,444 | 4,705 | - | - | - | 5,000 | - | 2,875 | - | 36,698 | 3,026 | 3,255 | |
| Income statement | |||||||||||||||||||||
76A |
1,437 | - | - | - | - | - | - | - | - | - | - | 7,456 | - | - | - | - | - | - | - | - | |
9900 |
1.2m | 1.1m | 877,628 | 827,778 | 870,477 | 665,334 | 815,305 | 544,207 | 518,282 | 369,050 | 459,097 | 544,525 | 560,568 | 454,906 | 351,808 | 267,383 | 256,472 | 238,187 | 215,206 | 161,571 | |
62 |
1.0m | 1.0m | 777,011 | 680,137 | 762,713 | 741,482 | 736,399 | 505,250 | 399,039 | 318,555 | 305,494 | 514,091 | 533,268 | 415,984 | 299,116 | 229,539 | 223,709 | 171,519 | 155,151 | 153,303 | |
630 |
19,434 | 22,628 | 11,204 | 7,205 | 12,299 | 24,016 | 26,945 | 21,583 | 19,293 | 17,134 | 13,641 | 12,892 | 13,567 | 11,451 | 10,910 | 15,751 | 15,094 | 11,524 | 8,978 | 9,497 | |
631/4 |
- | - | - | -8,981 | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,981 | - | - | |
640/8 |
1,650 | 1,556 | 1,179 | 10,830 | 2,625 | 1,371 | 1,330 | 3,900 | 972 | 1,858 | 2,199 | 1,811 | 6,196 | 4,432 | 1,352 | 1,770 | 5,835 | 4,812 | 4,231 | 5,791 | |
66A |
54,385 | - | - | - | - | - | - | - | 101 | 275 | - | - | 75,557 | - | - | - | - | - | - | - | |
9901 |
68,172 | 82,501 | 88,234 | 138,586 | 92,840 | -101,534 | 50,632 | 13,474 | 98,877 | 31,503 | 137,763 | 15,731 | 7,537 | 23,039 | 40,430 | 20,323 | 11,834 | 41,350 | 46,846 | -7,020 | |
75/76B |
957 | 3,068 | 105 | 299 | 2,438 | 36 | - | 4 | - | 1 | 0 | 1 | 5,013 | 45 | 18 | - | 1,992 | 33 | - | - | |
75 |
957 | 3,068 | 105 | 299 | 2,438 | 36 | - | 4 | - | 1 | 0 | 1 | 5,013 | 45 | 18 | - | 1,992 | 33 | - | - | |
65/66B |
6,282 | 6,282 | 3,990 | 2,863 | 3,866 | 6,755 | 2,694 | 2,236 | 3,867 | 4,294 | 9,345 | 5,715 | 7,027 | 17,666 | 1,366 | 2,762 | 818 | 1,655 | 5,251 | 5,116 | |
65 |
6,282 | 6,282 | 3,990 | 2,863 | 3,866 | 6,755 | 2,694 | 2,236 | 3,867 | 4,019 | 9,345 | 5,715 | 7,027 | 17,666 | 1,366 | 2,762 | 818 | 1,655 | 5,251 | 5,116 | |
66B |
- | - | - | - | - | - | - | - | - | 275 | - | - | - | - | - | - | - | - | - | - | |
9903 |
62,848 | 79,287 | 84,349 | 136,022 | 91,412 | -108,253 | 47,937 | 11,242 | 95,010 | 27,210 | 128,418 | 17,472 | -70,033 | 5,418 | 39,082 | 17,561 | 13,008 | 39,729 | 41,595 | -12,136 | |
67/77 |
21,920 | 26,248 | 25,462 | 38,786 | 15,672 | 179 | 21,448 | 8,487 | 30,737 | 11,615 | 24,240 | 8,958 | 11,429 | 3,352 | 13,503 | 5,268 | 4,105 | 9,300 | - | - | |
9904 |
40,928 | 53,039 | 58,888 | 97,236 | 75,740 | -108,432 | 26,490 | 2,755 | 64,273 | 15,595 | 85,428 | 8,514 | -81,462 | 2,067 | 25,579 | 12,293 | 8,904 | 30,429 | 41,595 | -12,136 | |
689 |
- | - | - | - | - | - | - | - | 18,750 | 7,600 | - | - | - | - | - | - | - | - | - | - | |
9905 |
40,928 | 53,039 | 58,888 | 97,236 | 75,740 | -108,432 | 26,490 | 2,755 | 45,523 | 7,995 | 85,428 | 8,514 | -81,462 | 2,067 | 25,579 | 12,293 | 8,904 | 30,429 | 41,595 | -12,136 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
305,458 | 262,671 | 209,632 | 240,744 | 143,508 | 67,768 | 176,200 | 149,711 | 146,956 | 101,433 | 143,438 | 58,010 | -81,462 | 2,067 | 25,579 | 12,293 | 91,019 | 92,115 | 61,686 | 20,091 | |
14P |
264,530 | 209,632 | 150,744 | 143,508 | 67,768 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 1,859 | - | - | - | - | - | - | - | - | - | - | 130,958 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,067 | 25,579 | 12,293 | 91,019 | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,067 | 25,579 | 12,293 | 91,019 | - | - | - | |
694/7 |
30,000 | - | - | 90,000 | - | - | - | - | - | - | 50,000 | - | - | - | - | - | - | 10,000 | - | - | |
694 |
30,000 | - | - | 90,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | 50,000 | - | - | - | - | - | - | 10,000 | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
14.6 | 15 | 12 | 11.8 | 14.3 | 13.7 | 13.1 | 9.5 | 7.6 | 6.2 | 6.6 | 9.5 | 4.1 | 7.3 | 6.2 | 4.7 | 3 | 3 | 3 | 3 | |
Hours worked1013 |
21,067 | 22,199 | 17,448 | 18,149 | 22,322 | 20,882 | 21,184 | 14,812 | 12,504 | 9,976 | 10,885 | 15,991 | 6,980 | 12,363 | 10,564 | 7,904 | 7,504 | 5,198 | 5,271 | 5,328 | |
| Document | |||||||||||||||||||||
The accounts for 12 older financial years (1991-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 29-05-2026 | 2026-00129841 | |
| 31-12-2024 | full format | 02-06-2025 | 2025-00116267 | |
| 31-12-2023 | full format | 27-06-2024 | 2024-00179495 | |
| 31-12-2022 | full format | 03-07-2023 | 2023-00206418 | |
| 31-12-2021 | full format | 30-08-2022 | 2022-20347344 | |
| 31-12-2020 | full format | 25-10-2021 | 2021-73000377 | |
| 31-12-2019 | full format | 29-10-2020 | 2020-68000288 | |
| 31-12-2018 | full format | 28-08-2019 | 2019-55800441 | |
| 31-12-2017 | full format | 10-09-2018 | 2018-62500327 | |
| 31-12-2016 | full format | 06-07-2017 | 2017-30300378 | |
| 31-12-2015 | full format | 19-09-2016 | 2016-60200446 | |
| 31-12-2014 | full format | 26-06-2015 | 2015-22600070 | |
| 31-12-2013 | full format | 14-08-2014 | 2014-42200326 | |
| 31-12-2012 | full format | 31-07-2013 | 2013-37600147 | |
| 31-12-2011 | full format | 31-08-2012 | 2012-55500116 | |
| 31-12-2010 | full format | 20-11-2011 | 2011-61400369 | |
| 31-12-2009 | full format | 31-08-2010 | 2010-51900337 | |
| 31-12-2008 | full format | 28-08-2009 | 2009-68700307 | |
| 31-12-2007 | full format | 29-07-2008 | 2008-50400161 | |
| 31-12-2006 | full format | 20-07-2007 | 2007-44700206 | |
| 31-12-2005 | full format | 26-07-2006 | 2006-53603085 | |
| 31-12-2004 | full format | 27-09-2005 | 2005-72002388 | |
| 31-12-2003 | full format | 29-07-2004 | 2004-53303758 | |
| 31-12-2002 | full format | 25-07-2003 | 2003-50300001 | |
| 31-12-2001 | full format | 31-07-2002 | 2002-44402723 | |
| 31-12-2000 | full format | 30-07-2001 | 2001-44803326 | |
| 31-12-1999 | full format | 18-07-2000 | 2000-43004735 | |
| 31-12-1998 | full format | 10-11-1999 | 1999-58202738 | |
| 31-12-1997 | full format | 10-09-1998 | 1998-46104132 | |
| 31-12-1996 | full format | 13-03-1998 | 1998-04304157 | |
| 31-12-1995 | full format | 13-03-1998 | 1998-04401447 | |
| 31-12-1991 | full format | 28-07-1992 | 1992-25203615 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 87,607 | 105,129 | 99,438 | 145,792 | 105,139 | -77,518 | 77,577 | 35,057 | 118,171 | 48,637 | 151,404 | 28,623 | 21,104 | 34,490 | 51,340 | 36,074 | 26,928 | 52,874 | 55,823 | 2,477 | ||
| 60,362 | 75,667 | 70,091 | 104,442 | 88,038 | -84,416 | 53,435 | 24,338 | 83,567 | 32,728 | 99,070 | 21,406 | -67,895 | 13,517 | 36,489 | 28,044 | 23,998 | 41,953 | 50,572 | -2,639 | ||
| 7,643 | 55,948 | 36,782 | 17,937 | 4,591 | 4,944 | 23,687 | 54,335 | 17,566 | 15,830 | 6,156 | 6,280 | 56,147 | 3,908 | 0 | 23,724 | 18,741 | 7,248 | 2,955 | 520 | ||
| 154,786 | 43,948 | -136,024 | 176,048 | 30,190 | -137,698 | 29,244 | 42,436 | 40,988 | - | - | - | 35,379 | -27,004 | 59,593 | 5,699 | -82,740 | 87,273 | -93 | - | ||
| 303,943 | 307,239 | 277,815 | 239,701 | 260,427 | 136,885 | 228,958 | 189,879 | 211,423 | 143,972 | 106,738 | 55,888 | 40,661 | 144,810 | 131,583 | 106,602 | 89,391 | 120,832 | 68,559 | 29,016 | ||
| 39.1% | 42.3% | 43.5% | 36.0% | 31.7% | 26.1% | 38.4% | 53.8% | 55.8% | 46.2% | 29.3% | 23.1% | 23.1% | 37.6% | 44.1% | 49.7% | 58.5% | 46.6% | 45.7% | 22.3% | ||
| 1.60 | 1.80 | 1.92 | 1.73 | 1.69 | 1.41 | 1.67 | 2.30 | 2.54 | 2.00 | 1.37 | 1.26 | 1.22 | 1.61 | 1.73 | 2.00 | 2.19 | 2.62 | 1.84 | 1.28 | ||
| 1.56 | 1.36 | 1.30 | 1.78 | 2.16 | 2.83 | 1.60 | 0.86 | 0.79 | 1.17 | 2.41 | 3.32 | 3.32 | 1.66 | 1.27 | 1.01 | 0.71 | 1.15 | 1.19 | 3.49 | ||
| 12.1% | 16.2% | 21.4% | 45.0% | 36.2% | -81.3% | 11.0% | 1.3% | 30.2% | 10.5% | 67.2% | 11.7% | -126.6% | 1.4% | 17.8% | 10.4% | 8.4% | 31.4% | 54.3% | -34.7% | ||
| 4.7% | 6.8% | 9.3% | 16.2% | 11.5% | -21.3% | 4.2% | 0.7% | 16.9% | 4.9% | 19.7% | 2.7% | -29.3% | 0.5% | 7.8% | 5.2% | 4.9% | 14.6% | 24.8% | -7.7% | ||
| 13.95 | 16.73 | 24.92 | 50.91 | 27.20 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 16 | 18 | 16 | 13 | 14 |
| full-time | 7 | 9 | 7 | 5 | 7 |
| part-time | 9 | 9 | 9 | 8 | 7 |
| in full-time equivalents | 14.2 | 16 | 13.8 | 11 | 12.2 |
| 14.6 | 15 | 12 | 11.8 | 14.3 | |
| On a permanent contract | 15 | 16 | 15 | 12 | 13 |
| Joined | 2 | 3 | 3 | 0 | - |
| Left | 4 | 1 | 0 | 1 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,643 | €55,948 | €34,577 | €13,547 | €4,591 |
| Intangible fixed assets | - | - | €2,205 | - | - |
| Financial fixed assets | - | - | - | €4,390 | - |
| €19,434 | €22,628 | €11,204 | €7,205 | €12,299 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 17% lower than in 2024 and the lowest since 2020. It is the third fall in a row.
Debt's share of the balance-sheet total rises from 57.7% to 60.9%. Equity and debt are higher.
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 2025 accounts of ALT-O. Every holding stands with its own latest accounts.
| IRK CONSTRUCT
establishment since 08-08-2017 · founded in 2017 |
total assets €650,182 (2025) 0679.643.762 |
| GENERATIONS RECRUITMENT
registered office since 20-02-2009 · founded in 2009 |
4.5 FTE (2025) 0809.956.928 |
| Woman'do
registered office since 16-06-2014 · founded in 2013 |
total assets €278,717 (2025) 0534.904.124 |
| LDC Lex
establishment since 03-10-2025 · founded in 2025 |
total assets €157,730 (2025) 1028.616.605 |
| Poolpio
registered office since 25-07-2017 · founded in 2017 · negative equity (2025) |
total assets €69,294 (2025) 0678.853.807 |
| KLDM Consulting
registered office since 16-12-2022 · founded in 2022 |
total assets €62,269 (2025) 0794.915.889 |
| Santé Globale
establishment since 24-04-2025 · founded in 2025 |
total assets €38,266 (2025) 1021.571.930 |
| POKITIN
registered office since 05-08-2011 · founded in 2011 · negative equity (2025) |
total assets €28,442 (2025) 0838.371.097 |
| WIN-CLEAN SERVICES
registered office since 05-01-2017 · founded in 2017 |
total assets €13,976 (2025) 0668.793.818 |
| RECRELFIN
establishment since 22-11-2011 · founded in 2011 |
total assets €705 (2025) 0841.300.695 |
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Waterloose Steenweg 412F registered office 1050 Ixelles | 02-01-1991 | 2.229.160.463 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21447B0298/00S013 | 9,346 m² | 1 · 1,407 m² | 29.7 m · 6 |
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