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ALTACHEM

Active
Public limited companyfounded 200818 yrs activeGeneraal Deprezstraat 2, 8530 Harelbeke, BelgiumKBO/BCE: BE 0899.925.715
Summary

ALTACHEM has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.7m and a net result of €2.7m. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 81% of 310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
ALTACHEMActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of chemicals and chemical products
NACE 20130Manufacture of machinery and equipment not elsewhere classified NACE 28140
#9 company by equity in Harelbeke, Manufacturing sector1 site
Size
€28.3mturnover 2025
Staff
26.9 FTE
Equity
€10.7m
Profit
€2.7m
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
Lindal Group Holding GmbH
Accounts 71 d early0 of 26 deeds read
Why 94- Liquidity: current ratio 4.46, cash €7,086, halved+ Founded in 2008+ Size: turnover €28.3m, 26.9 FTE, total assets €13.8m+ Profit of €2.7m (FY 2025)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 61% of its sector peers (NACE 20, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 77.5% of total assets
Liquidity 45=
short-term debt 17.9% · cash 0.1%
Profitability 93-6
return on assets 19.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (149 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▼ -3.4% vs 12-2024lowest value 02-2025: 0.1%▲ +1.2% vs 01-2025 03-2025: 0.1%▲ +2.4% vs 02-2025 04-2025: 0.1%▲ +9.2% vs 03-2025 05-2025: 0.1%▲ +1.1% vs 04-2025 06-2025: 0.1%▲ +12.5% vs 05-2025 07-2025: 0.1%● 0.0% vs 06-2025 08-2025: 0.1%● 0.0% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▲ +0.9% vs 01-2026 03-2026: 0.1%▲ +1.8% vs 02-2026 04-2026: 0.1%▲ +9.0% vs 03-2026 05-2026: 0.1%▲ +0.8% vs 04-2026highest value 06-2026: 0.1%▼ -9.8% vs 05-2026 07-2026: 0.1%● 0.0% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Liquidity: current ratio 4.46, cash €7,086, halved raises the probability
  • Founded in 2008 lowers the probability for this profile
  • Size: turnover €28.3m, 26.9 FTE, total assets €13.8m lowers the probability for this profile
  • Profit of €2.7m (FY 2025) lowers the probability
Credit up to €1,000,000 at 30 days acceptable
Liquidity ample (current ratio 4.46 against 4.24 in 2024; short-term debt: 17.9% and cash: 0.1% of total assets), and 22.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 20, small). Better than this share of them on solvency 90%, liquidity 48%, profitability 93%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 4.46, cash €7,086, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2008
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: turnover €28.3m, 26.9 FTE, total assets €13.8m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Profit of €2.7m (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
71 d early
2024
85 d early
2023
79 d early
2022
88 d early
2021
73 d early
2020
73 d early
2019
65 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 76 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)
neutral · 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 14 May (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
neutral · 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: Company by equity in Harelbeke, Manufacturing sectorin the Checked rankings #9 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €2.7m 8 years View
  • Controlled by Lindal Group Holding GmbH parent View
  • Caution: Result fell in 2025from €4.2m to €2.7m ▼ 36.0% View
  • Flemish supportawarded 2022 - 2025 €544,372 View

By topic

Financials

Fiscal year
2025
Turnover
€28.3m
Profit
€2.7m
Solvency
77.5%
Turnover▼ 15.0%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 21-05-2026Annual accounts filed
  2. 07-05-2025Annual accounts filed
  3. 13-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of chemicals and chemical productsNACE 20130
Founded
22-08-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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