Losses
-€144,558 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
ALTAMIRA TEGELS
Lifetime
20 annual accounts with figures on one time axis, 44 filings since 1982Gross marginpeak €520,500 (2022)
€11,727▼ 78.4%
Resultlowest -€100,296 (2025)
-€100,296▼ €70,430
Equitypeak €714,818 (2012)
€444,398▼ 18.4%
Debts
€252,757▲ 51.1%
Staffpeak 5.9 FTE (2010)
-not published
Board1 name since 2021
1 directorDe Bruyne Leopold
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Gross margin from €54,357 to €11,727Loss of €100,296Equity from €544,694 to €444,398Debts from €167,258 to €252,757Cash from €8,161 to €10,790
Key points
from the 2025 annual accountsTurnover
≈ €150,000 estimated
The accounts state no turnover.
Debts
€252,757 ▲ 51.1%
Debts rose by €85,499 in 2025.
Staff
2.1 FTE from 5.9 in 2010
Between 2010 and 2025, 64% of the full-time equivalents disappeared.
Filings
44 annual accounts since 1982
The last five annual accounts were filed 15 to 88 days before the end of the period.
Position in the sector
-€100,296
Lower net result than 95% of companies in wholesale trade. Sector median €5,642 · 13,768 companies.
Checked score
82
Excellent
Financially stronger than 34% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,896 companies (NACE 46, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.4%● unchanged vs 08-2026highest value
10-2026: 0.4%● unchanged vs 09-2026highest value
11-2026: 0.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €100,296, the second in a row (financial year 2025)
Liquidity: current ratio 2.75, cash €10,790
lowers risk
Size: total assets €697,156
Founded in 1981
Calculation
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 46, micro). It does better than 70% of them on solvency, 33% on liquidity, 12% on profitability and 20% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as ALTAMIRA TEGELS has now. Each dot stands for 15 companies, two years later.
84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALTAMIRA TEGELS itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 5,831 companies, not a prediction for ALTAMIRA TEGELS. 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
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.75 (4.23 in 2024), above the usual 1.5. Short-term debt is 36.3% and cash 1.5% of total assets. 36.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€100,296
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 days early
2024
15 days early
2023
58 days early
2022
88 days early
2021
36 days early
2020
30 days early
2019
35 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 41 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ALTAMIRA TEGELS Boechout | €697,156 | €11,727 | 63.7% | - |
| KATEO Antwerp | €654,183 | €7,397 | 99.2% | - |
| Tops Brothers Hulshout | €602,421 | €16,514 | 60.8% | - |
| TAPIGROS Vilvoorde | €736,348 | €20,175 | 78.7% | - |
| Derousseau Matériaux et Transports Aubel | €538,863 | €19,825 | 97.9% | - |
| TOCH INTERIEUR Ghent | €354,885 | €9,592 | 90.8% | - |
| ISO - CHASSIS Namur | €350,122 | €19,221 | 3.2% | - |
These companies have the same main activity as ALTAMIRA TEGELS: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €350,000 and €736,000, founded between 1975 and 1990.
Official details
Source: KBO- Status
- Active since 02-02-1981Normal situation
- Activity
- Wholesale of construction materials, general rangeNACE 46831and 1 other
- Establishment unit
- 2.018.422.2232531 Boechout, since 02-02-1981
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- Total assets
- €697,156▼ 2.1%
- Employeeson 31-12-2025
- 2
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on ALTAMIRA TEGELS
ALTAMIRA TEGELS files the micro format. That format states no turnover. The gross margin fell from €213,346 in 2006 to €11,727 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.
Key facts about ALTAMIRA TEGELS
- What is the company number of ALTAMIRA TEGELS?
- The company number of ALTAMIRA TEGELS is 0421.222.894. The VAT number is the same number with BE in front: BE 0421.222.894.
- Where is ALTAMIRA TEGELS based?
- The registered office is at Berthoutstraat 50, 2531 Boechout.Company details
- What does ALTAMIRA TEGELS do?
- According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
- What is the legal form of ALTAMIRA TEGELS?
- ALTAMIRA TEGELS is a private limited company (BV).
- When was ALTAMIRA TEGELS founded?
- ALTAMIRA TEGELS was founded on 02-02-1981.
- Is ALTAMIRA TEGELS still active?
- Yes, ALTAMIRA TEGELS is an active enterprise in the KBO register.
- How many employees does ALTAMIRA TEGELS have?
- ALTAMIRA TEGELS had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ALTAMIRA TEGELS?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €11,727 and 216 comparable companies (NACE 46). It probably lies between €70,000 and €370,000. It is a rough estimate.
- Is ALTAMIRA TEGELS profitable?
- In financial year 2025, ALTAMIRA TEGELS made a loss of €100,296.
- Where can I find the annual accounts of ALTAMIRA TEGELS?
- ALTAMIRA TEGELS filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALTAMIRA TEGELS due?
- ALTAMIRA TEGELS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.