AlTaco

Active

Private limited companyfounded 20215 yrs activeSint-Annalaan 12, 1853 Grimbergen, BelgiumKBO/BCE: BE 0766.999.487

The computed 12-month bankruptcy probability of AlTaco is 3.4% (moderate). The 2025 annual accounts show equity of €68k and a net result of €8k. Equity is growing by ~76.5% per year across the filed fiscal years. Its solvency ranks better than 41% of 13270 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

53 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability72▼-8

Solvency46▲+6

Growth78=

Track record94

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days acceptable

Liquidity short (current ratio 0.89 against 0.75 in 2024; short-term debt: 37.9% and cash: 16.8% of total assets), and 79.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

20.8%

Return on assets

2.4%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

2 d early

2024

32 d early

2023

28 d late

2022

24 d late

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

21-09-2026 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

Financials · fiscal year 2025, micro schema

Equity

€68k▲ 12.7%

2024 · €60k

2022: €-30k 2023: €24k 2024: €60k

2022 → 2025

Total assets

€325k▼ 19.0%

2024 · €401k

2022: €408k 2023: €426k 2024: €401k

2022 → 2025

Net result

€8k▼ 78.9%

2024 · €36k

2022: €-35k 2023: €54k 2024: €36k

2022 → 2025

Working capital

€-13k▲ 70.8%

2024 · €-45k

2022: €-158k 2023: €-82k 2024: €-45k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€-30k-€24k€60k▲ 153%€68k▲ 12.7%

Operating result€-24k-€65k€52k▼ 19.7%€18k▼ 66.0%

Net result€-35k-€54k€36k▼ 32.4%€8k▼ 78.9%

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 has fallen two years in a row; 2025 is 66% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €325k

66.2%

33.8%

Fixed assets €215k▼ 19.4%

Current assets €110k▼ 18.4%

Equity and liabilities €325k

20.8%

79.2%

Equity €68k▲ 12.7%

Debt €257k▼ 24.6%

The debt ratio falls from 85.0% to 79.2%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€69k▼

2024 · €102k

Cash flow

€59k▼

2024 · €86k

Solvency

20.8%▲

2024 · 15.0%

Current ratio

0.89▲

2024 · 0.75

Quick ratio

0.82▲

2024 · 0.70

Debt / equity

3.80▼

2024 · 5.69

ROE

11.3%▼

2024 · 60.5%

ROA

2.4%▼

2024 · 9.0%

Interest coverage

7.93▼

2024 · 12.82

Debt

€257k▼

2024 · €341k

Debt ≤ 1 year

€123k▼

2024 · €180k

Debt > 1 year

€132k▼

2024 · €159k

Income taxes

€2k▼

2024 · €9k

Staff costs

€178k▲

2024 · €159k

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€401k€325k▼

Fixed assets21/28€266k€215k▼

Intangible fixed assets21€26k€17k▼

Tangible fixed assets22/27€220k€177k▼

Plant, machinery and equipment23€16k€10k▼

Furniture and vehicles24€11k€9k▼

Other tangible fixed assets26€193k€158k▼

Financial fixed assets28€21k€21k=

Current assets29/58€135k€110k▼

Stocks and contracts in progress3€8k€9k▲

Stocks30/36€8k€9k▲

Amounts receivable within one year40/41€43k€45k▲

Trade receivables40-€2k

Other amounts receivable41€43k€43k▼

Cash at bank and in hand54/58€79k€55k▼

Deferred charges and accrued income490/1€4k€1k▼

Equity and liabilities

Total equity and liabilities10/49€401k€325k▼

Equity10/15€60k€68k▲

Contributions10/11€5k€5k=

Reserves13-€63k

Distributable reserves133-€63k

Profit (loss) carried forward14€55k-

Amounts payable17/49€341k€257k▼

Amounts payable after more than one year17€159k€132k▼

Financial debts170/4€159k€132k▼

Amounts payable within one year42/48€180k€123k▼

Current portion of amounts payable after more than one year42€27k€27k▲

Trade debts44€25k€33k▲

Suppliers440/4€25k€33k▲

Taxes, remuneration and social security45€28k€20k▼

Taxes450/3€12k€2k▼

Remuneration and social security454/9€16k€17k▲

Other amounts payable47/48€100k€43k▼

Accrued charges and deferred income492/3€3k€3k▼

Income statement Code20242025

Remuneration, social security and pensions62€159k€178k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€52k▲

Other operating charges640/8€461€605▲

Gross operating margin9900€262k€248k▼

Operating profit (loss)9901€52k€18k▼

Financial income75/76B€904€741▼

Recurring financial income75€904€741▼

Financial charges65/66B€8k€9k▲

Recurring financial charges65€8k€9k▲

Profit (loss) for the period before taxes9903€45k€10k▼

Income taxes67/77€9k€2k▼

Profit (loss) for the period9904€36k€8k▼

Profit (loss) for the period to be appropriated9905€36k€8k▼

Appropriation of the result

Profit (loss) to be appropriated9906€55k€63k▲

Profit (loss) brought forward from the previous period14P€19k€55k▲

Transfer to equity691/2-€63k

To other reserves6921-€63k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

29-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

29-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

28-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 28 days late

2023

31-12

Financial Back to profitnet €54k

Net result €54k after one loss-making year.

24-08

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 24 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Grimbergen · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Sint-Annalaan 121853 Grimbergen

Ground area

812 m²

Building footprint

374 m²

Volume, LiDAR

3,590 m³

2 parcels, Flanders · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

AlTaco

Nieuwstraat 36, 9300 AalstLimited-service restaurants

since 20212.316.234.987

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23084A0483/00T002	Flanders	617 m²	1 · 193 m²	14.4 m · 4 fl.
41002A0901/00B000	Flanders	195 m²	1 · 180 m²	15.8 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Aalst2.316.234.987

1 permission

Toelating · Eetgelegenheid · since 01-08-2021

Similar companies · same sector, comparable size

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TOMTOM IJS

BE 0870.590.242

Dessel · Eq €68k

Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,194 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-04-2021

Fiscal year end31-12

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.