Equity
€21.0m ▲ 2.5%
W.ALTER has made a profit without a break since 2020.
W.ALTER
Lifetime
18 annual accounts with figures on one time axis, 31 filings since 1995peak €1.7m (2025)
€1.7m▲ 99.2%
lowest -€113,475 (2013)
€521,730▲ 620%
peak €21.0m (2025)
€21.0m▲ 2.5%
€6.6m▼ 17.6%
peak 8.2 FTE (2022)
7.1 FTE▼ 4.1%
Board56 names since 2005all names
9 directorsDOUTRELEPONT Gilles and 8 others
Owners2 names in the annual accounts
Documentsfilings and deeds
25-06-202636 days before the deadline
2025financial year
Gross margin from €873,929 to €1.7mResult from €72,424 to €521,7301 statutory auditor appointed, 7 directors appointed, 6 resig… 04-12General meeting of 20-05-2025 29-08Appointment: Sepanta SEHATI (director) 14-04Capital increase of €10,101,000 to €20,179,724.60 14-03
Key points
from the 2025 annual accountsResult
€521,730 ▲ 620%
The result rose in 2025: mostly from a one-off income of €301,190.
Liquidity
12.66 was 7.23 in 2024
Short-term debts fell from €1.9m to €747,082.
Filings
31 annual accounts since 1995
The last five annual accounts were filed 29 to 55 days before the end of the period.
At the same address
44 companies
Board
8 joined · 7 left
Board changed. Latest change 17-07-2026 · 9 in office.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal, which does not raise the risk
1 signal.
neutral
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 filingsDeviation 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
The company filed its last 7 accounts on average 47 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · 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 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
DG
DOUTRELEPONT Gilles
Director, since 08-05-2024
PS
PALOTAI Sascha
Director, since 03-09-2025
SJ
SURQUIN Jean-Luc
Auditor
- SOCIETE REGIONALE D'INVESTISSEMENT DE WALLONIE 50.5%equity €2.42bn (2022) · 2022 annual accounts of SOCIETE REGIONALE D'INVESTISSEMENT DE WALLONIE
- Wallonie Entreprendre 50.5%equity €4.98bn (2025) · 2025 annual accounts of Wallonie Entreprendre
Shares in 11 companies, including DURECO and RETRIVAL
Board & ownershipRecent changes
Resignation: Anne-Sophie TANDEL (director)
Appointment: Gaëtane CONVENT (director) · Board meeting of 13-03-2026 · Gazette deed
Appointments: Philippe Buelen (member of the executive committee) and Jean-Pierre Di Bartolomeo (member of the executive committee)
Board meeting of 06-02-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0455653441
1 statutory auditor appointed, 7 directors appointed, 6 resignations
Appointments: RSM Audit (statutory auditor), Manon MAQUET, Romain THREIS, Sascha PALOTA1, Stéphane EMMANUELIDIS, Gilles D'OUTRELEPONT and 2 others · Resignations: Laurent WENRIC, Philippe GILSON, Gianni INFANT!, Jodie LEGRAND, Virginie XHAUFLAIR and Sepanta SEHATI · General meeting of 20-05-2025 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as W.ALTER: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €13m and €53m, founded between 1992 and 2003.
Official details
Source: KBO- Status
- Active since 06-07-1995Normal situation
- Registered office
- 45 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Activities of holding companiesNACE 64210
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.073.411.7214000 Liège, since 05-10-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Annual accounts 2025
- €27.6m▼ 3.1%
- Employeeson 31-12-2025
- 6▼ 25.0%
- Filing
- Filed on 25-06-2026, 36 days before the end of the filing period
Companies linked to W.ALTER
Subsidiaries and holdings
- vent d'ENFAN29.78%
- Action sociale Michaêl VIEUTEMPS28.82%
- LA LOCOMOBILE22.81%
- SOCIETE A FINALITE D'INSERTION EN ENVIRONNEMENT20.84%
- Scalio19.23%
- LA TABLE DES HAUTES ARDENNES17.35%
- ETHIQUABLE Benelux17.34%
- RECMA15.31%
Insights on W.ALTER
W.ALTER has existed since 1995. The gross margin grew from €412,486 in 2017 to €1.7m in 2025 and staff from 3.9 to 7.1 full-time equivalents.
SOCIETE REGIONALE D'INVESTISSEMENT DE WALLONIE holds 50.5% of the shares. In December 2025, six directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about W.ALTER
- What is the company number of W.ALTER?
- The company number of W.ALTER is 0455.653.441. The VAT number is the same number with BE in front: BE 0455.653.441.
- Where is W.ALTER based?
- The registered office is at Avenue Maurice-Destenay 13, 4000 Liège.Company details
- What does W.ALTER do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of W.ALTER?
- W.ALTER is a public limited company (NV).
- When was W.ALTER founded?
- W.ALTER was founded on 06-07-1995.
- Is W.ALTER still active?
- Yes, W.ALTER is an active enterprise in the KBO register.
- How many employees does W.ALTER have?
- W.ALTER had an average of 7.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does W.ALTER fall under?
- In its 2025 annual accounts, W.ALTER states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of W.ALTER?
- The turnover in financial year 2025 is ≈ €3.0m. This figure is estimated from the gross margin of €1.7m and 1,585 comparable companies of the same size. It probably lies between €2.0m and €4.9m. It is a rough estimate.
- Is W.ALTER profitable?
- In financial year 2025, W.ALTER made a profit of €521,730.
- Where can I find the annual accounts of W.ALTER?
- W.ALTER filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of W.ALTER due?
- W.ALTER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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