AALTRA
ActiveAALTRA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €559k and a net result of €-159k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 48% of 256 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-83
Solvency68▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 2.04 in 2024; short-term debt: 37.2% and cash: 17.5% of total assets), but 57.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-01-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
7 d early
2023
1 d early
2022
1 d early
2021
3 d early
2020
1 d late
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€559k▼ 22.2%
2024 · €718k
2019: €271k
2020: €331k
2021: €413k
2022: €453k
2023: €506k
2024: €718k
2019 → 2025
Total assets
€1.31M▼ 11.5%
2024 · €1.48M
2019: €962k
2020: €1.06M
2021: €1.15M
2022: €1.17M
2023: €1.18M
2024: €1.48M
2019 → 2025
Net result
€-159k
2024 · €212k
2019: €42k
2020: €60k
2021: €82k
2022: €40k
2023: €53k
2024: €212k
2019 → 2025
Working capital
€354k▼ 28.5%
2024 · €495k
2019: €156k
2020: €212k
2021: €279k
2022: €300k
2023: €331k
2024: €495k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€413k-€453k▲ 9.7%€506k▲ 11.7%€718k▲ 41.9%€559k▼ 22.2%
Operating result€126k-€73k▼ 42.4%€91k▲ 25.9%€303k▲ 231%€-148k
Net result€82k-€40k▼ 50.9%€53k▲ 31.9%€212k▲ 299%€-159k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €148k after €303k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.31M
Fixed assets
€467k▼ 7.3%
Current assets
€840k▼ 13.7%
Equity and liabilities €1.31M
Equity
€559k▼ 22.2%
Debt
€747k▼ 1.4%
The debt ratio rises from 51.3% to 57.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-98k▼
2024 · €348k
Cash flow
€-109k▼
2024 · €258k
Solvency
42.8%▼
2024 · 48.7%
Current ratio
1.73▼
2024 · 2.04
Quick ratio
1.73▼
2024 · 2.04
Debt / equity
1.34▲
2024 · 1.06
ROE
-28.5%▼
2024 · 29.5%
ROA
-12.2%▼
2024 · 14.4%
Interest coverage
-9.10▼
2024 · 36.69
Debt
€747k▼
2024 · €758k
Debt ≤ 1 year
€486k▲
2024 · €478k
Debt > 1 year
€237k▼
2024 · €277k
Income taxes
€944▼
2024 · €82k
Staff costs
€1.44M▲
2024 · €1.10M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.48M€1.31M▼
Fixed assets21/28€503k€467k▼
Tangible fixed assets22/27€503k€467k▼
Land and buildings22€448k€423k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€50k€40k▼
Current assets29/58€973k€840k▼
Amounts receivable within one year40/41€746k€611k▼
Trade receivables40€716k€581k▼
Other amounts receivable41€30k€30k▲
Cash at bank and in hand54/58€226k€229k▲
Deferred charges and accrued income490/1€437€278▼
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.31M▼
Equity10/15€718k€559k▼
Contributions10/11€8k€8k=
Reserves13€710k€551k▼
Tax-exempt reserves132€85k€85k=
Distributable reserves133€625k€466k▼
Amounts payable17/49€758k€747k▼
Amounts payable after more than one year17€277k€237k▼
Financial debts170/4€277k€237k▼
Amounts payable within one year42/48€478k€486k▲
Current portion of amounts payable after more than one year42€76k€123k▲
Financial debts43€38k€24k▼
Credit institutions430/8€5k€14k▲
Other loans439€33k€10k▼
Trade debts44€190k€169k▼
Suppliers440/4€190k€169k▼
Taxes, remuneration and social security45€168k€167k▼
Taxes450/3€101k€93k▼
Remuneration and social security454/9€67k€75k▲
Other amounts payable47/48€6k€2k▼
Accrued charges and deferred income492/3€3k€25k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.10M€1.44M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€50k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11-
Other operating charges640/8€10k€4k▼
Gross operating margin9900€1.46M€1.35M▼
Operating profit (loss)9901€303k€-148k▼
Financial income75/76B€425€159▼
Recurring financial income75€425€159▼
Financial charges65/66B€9k€11k▲
Recurring financial charges65€9k€11k▲
Profit (loss) for the period before taxes9903€294k€-158k▼
Income taxes67/77€82k€944▼
Profit (loss) for the period9904€212k€-159k▼
Profit (loss) for the period to be appropriated9905€212k€-159k▼
Appropriation of the result
Profit (loss) to be appropriated9906€212k€-159k▼
Transfer from equity791/2-€159k
Transfer to equity691/2€212k-
To other reserves6921€212k-
Social balance
Average headcount (FTE)908716.020.3▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-159k ▼175%
Net result drops to €-159k, the lowest in the series.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2019net €212k ▲299%
Operating result €303k, net result €212k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €500kEq €506k ▲11.7%
5 profitable years in a row build equity to €506k.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
25-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brusselsesteenweg 2029090 Merelbeke-MelleGround area
2,848 m²
Building footprint
317 m²
Volume, LiDAR
1,429 m³
Parcel 44040C0153/00T000, Flanders · tallest building 11.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AALTRA BVBA
since 20072.167.004.249
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44040C0153/00T000 | Flanders | 2,848 m² | 1 · 317 m² | 11.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 61,273 EUR awarded · 34,095 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 52,546 EUR | 25,368 EUR |
| 2024 | 1 | 2,252 EUR | 3,152 EUR |
| 2023 | 1 | 1,342 EUR | 2,353 EUR |
| 2022 | 1 | 5,133 EUR | 3,222 EUR |
Schemes
O&O-haalbaarheidsstudie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,284 companies in sector 58290 we hold annual accounts for 593. 381 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2007
Fiscal year end30-06
Activities, NACEBEL
58290Other software publishing
62010Computer programming, consultancy and related activities
62100Computer programming
72210
18120Other printing
62020IT consultancy
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
72600
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.