W.ALTER

Active Risk: not assessed

Public limited companyfounded 1995active for 31 yearsAvenue Maurice-Destenay 13, 4000 Liège, Belgium45 active companies are registered at this addressKBO/BCE: BE 0455.653.441

Summary

W.ALTER is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €21.0m and a net result of €521,730. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 64% of 2,986 sector peers (NACE 64, financial year 2025). The company has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals.

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W.ALTERActive

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Activity

Activities of holding companies

NACE 64210

1 site

Size

€27.6mtotal assets 2025

Staff: 7.1 FTE
Equity: €21.0m
Profit: €521,730

Financial health

Financial institution: outside the modelBankruptcy probability: sector outside the model

Structure

Parent: SOCIETE REGIONALE D'INVESTISSEMENT DE WALLONIE · 50.5%
Board: 10 members
Holdings: 11

Auditor: RSM AUDITAccounts 36 days early

SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model

Model not applicable to financial institutions

The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.

Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.

neutral

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

36 days early

2024

55 days early

2023

29 days early

2022

48 days early

2021

54 days early

2020

47 days early

2019

63 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 47 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

17-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

17-07-2026 Resignation: Anne-Sophie TANDEL (director)Appointment: Gaëtane CONVENT (director)
25-06-2026 Annual accounts filedfinancial year 2025 · full…
19-06-2026 Appointments: Philippe Buelen (member of the…Gazette deed

Key points

Positive: Result rose in 2025from €72,424 to €521,730 ▲ 620% View
Board changedlatest change 17-07-2026 · 10 in office 8 joined · 7 left View
Among the largest 5% on gross marginsector median €80,583 · 1,313 companies €1.7m View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by SOCIETE REGIONALE D'INVESTISSEMENT DE… 50.5% View
Positive: 6 profitable years in a rowprofit 2025: €521,730 6 years View