Equity
ALT-O has made a profit in every financial year since 2015.
ALT-O has made a profit in every financial year since 2015.
The accounts state no turnover.
Green is investment, beige is depreciation.
Five of the last ten came late. The 2019 accounts came latest: 90 days after the end of the period.
Higher solvency than 87% of companies in architecture and engineering. Sector median 41.3% · 892 companies.
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 2 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, micro). It does better than 87% of them on solvency, 33% on liquidity, 36% on profitability and 48% 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).
Liquidity is insufficient, with a current ratio of 0.59 (0.62 in 2024), below 1. Short-term debt is 13.6% and cash 2% of total assets. 18% 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 1 day 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.
Shares in 1 company, MK ENGINEERING
Board & ownership| Company | ||||
|---|---|---|---|---|
| ALT-O Ixelles | €386,359 | €120,541 | 82.0% | 1 |
| FBWORK CONSULTING Oupeye | €305,371 | €124,516 | 47.5% | 1 |
| ABO MINERALS Lummen | €355,534 | €116,542 | 31.0% | 0.8 |
| W-DRAW Wellen | €408,125 | €174,385 | 90.7% | 0.7 |
| KWPC Lokeren | €367,002 | €77,385 | 9.3% | 1 |
| MALMAC Ranst | €446,657 | €148,838 | 30.7% | 2.1 |
| Van Giels Engineering Kalmthout | €617,406 | €103,145 | 23.7% | 0.8 |
These companies have the same main activity as ALT-O: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €305,000 and €617,000, founded between 2014 and 2017.
ALT-O has existed since 2014. The gross margin grew from €19,451 in 2015 to €120,541 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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