W.ALTER

Active Risk: not assessed

Public limited companyfounded 199531 yrs activeAvenue Maurice-Destenay 13, 4000 Liège, BelgiumKBO/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 ~33% per year across the filed fiscal years. The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.

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W.ALTERActive

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Activity

Activities of holding companies

NACE 64210Holdings NACE 64200NACE 65231

1 site

Size

€27.6mtotal assets 2025

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

Financial health

Financial institution: outside the modelProbability: sector outside the model

Structure

Parent: SOCIETE REGIONALE D'INVESTISSEMENT DE WALLONIE · 50.5%
Board: 9 members
Holdings: 14

Auditor: RSM AUDITAccounts 36 d early

SignalsLatest 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. The signal on the left, the evidence on the right.

○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 d early

2024

55 d early

2023

29 d early

2022

48 d early

2021

54 d early

2020

47 d early

2019

63 d 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 for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

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

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

17-07-26 Resignation: Anne-Sophie TANDEL (director)Appointment: Gaëtane CONVENT (director)
25-06-26 Annual accounts filedfiscal year 2025 · full…
19-06-26 Appointments: Philippe Buelen (member of the…State Gazette act

Key points

Positive: Result rose in 2025from €72,424 to €521,730 ▲ 620% View
Board changedlatest change 17-07-2026 · 9 in office 3 joined · 1 left View
Positive: Always filed on timeaccounts 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