Result
€484,394 €484,394
Back in profit in 2025, after a loss of €492,162 in 2024.
altaar
Part of the group
22 companies
Lifetime
11 annual accounts with figures on one time axispeak €3.1m (2025)
€3.1m▲ 59.9%
lowest -€539,372 (2016)
€484,394▲ €976,556
peak €12.3m (2024)
€11.6m▼ 5.8%
€29.6m▼ 8.3%
Board5 names since 2014
2 directors and 1 other
Owners4 names in the annual accounts
92.5% and 1 other
Documentsfilings and deeds
11-06-202650 days before the deadline
2025financial year
Gross margin from €1.9m to €3.1mBack to profit: €484,394
Key points
from the 2025 annual accountsTurnover
≈ €5.3m estimated
The accounts state no turnover.
Debts
€29.6m 72% of the balance sheet
Financial debts 86%Suppliers 1%Other 13%
€26.6m of the debts are secured on the company's own assets. In 2021 that was €22.6m.
Investments
€102,367 0.1 × depreciation
Green is investment, beige is depreciation.
Filings
11 annual accounts since 2015
The 2016 accounts came 11 days late. The other nine of the last ten were filed on time.
At the same address
32 companies
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 273 companies had the same profile as altaar has now. Each dot is one company, two years later.
98.2%
were still trading
1.1%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 273 companies, not a prediction for altaar. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 26-11-2014
Director, , since 05-01-2015
- 92.5%score equity €28.5m (2025) · annual accounts 2025
- 7.5%score equity €4.9m (2025) · annual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0567897089
2 directors reappointed
and · Permanent representative: · “Toutes opérations immobilières et foncières quelconques,y compris celles se rapportant à tous droits réels…” (deed in French) · General meeting of 30-03-2022 · Gazette deed
Permanent representatives: and
Board meeting of 01-10-2021 · Gazette deed
2 directors reappointed
and (managing director) · Permanent representative: · General meeting of 02-06-2020 · Gazette deed
Official details
Source: KBO- Status
- Active since 12-11-2014Normal situation
- Registered office
- 33 active companies are registered at this addressSource: KBO register, as of 14 November 2026.
- Activity
- “Toutes opérations immobilières et foncières quelconques,y compris celles se rapportant à tous droits réels…” (deed in French)From the articles, 16 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Reachable since 04-01-2026
Annual accounts 2025
- €41.3m▼ 7.6%
- Filing
- Filed on 11-06-2026, 50 days before the end of the filing period
Insights on altaar
altaar has existed since 2014. The gross margin grew from €746,333 in 2015 to €3.1m in 2025.
The gross margin has grown every year since 2021.
holds 92.5% of the shares.
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 altaar
- What is the company number of altaar?
- The company number of altaar is 0567.897.089. The VAT number is the same number with BE in front: BE 0567.897.089.
- Where is altaar based?
- The registered office is at Rue de la Forge 10, 1470 Genappe.Company details
- What is the legal form of altaar?
- altaar is a public limited company (NV).
- When was altaar founded?
- altaar was founded on 12-11-2014.
- Is altaar still active?
- Yes, altaar is an active enterprise in the KBO register.
- What is the turnover of altaar?
- The turnover in financial year 2025 is ≈ €5.3m. This figure is estimated from the gross margin of €3.1m and 1,564 comparable companies of the same size. It probably lies between €3.6m and €8.8m. It is a rough estimate.Financials
- Is altaar profitable?
- In financial year 2025, altaar made a profit of €484,394.
- Where can I find the annual accounts of altaar?
- altaar filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of altaar due?
- altaar must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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