ALTARE
ActiveALTARE has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106k and a net result of €66k. Its solvency ranks better than 67% of 9380 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+1
Growth78
Stability82
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Liquidity ample (current ratio 3.33 against 2.43 in 2024), and 29.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.6%
Return on assets
44.2%
Age of the figures
8 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
28 d early
2024
15 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€106k▲ 168%
2024 · €39k
2024: €39k
2024 → 2025
Total assets
€150k▲ 133%
2024 · €64k
2024: €64k
2024 → 2025
Net result
€66k▲ 67.8%
2024 · €39k
2024: €39k
2024 → 2025
Working capital
€103k▲ 189%
2024 · €36k
2024: €36k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€39k-€106k▲ 168%
Operating result€54k-€90k▲ 68.9%
Net result€39k-€66k▲ 67.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 69% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€3k▼ 23.6%
Current assets
€147k▲ 143%
Equity and liabilities €150k
Equity
€106k▲ 168%
Debt
€44k▲ 77.5%
The debt ratio falls from 38.6% to 29.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€91k▲
2024 · €54k
Cash flow
€67k▲
2024 · €40k
Solvency
70.6%▲
2024 · 61.4%
Current ratio
3.33▲
2024 · 2.43
Quick ratio
3.33▲
2024 · 2.43
Debt / equity
0.42▼
2024 · 0.63
ROE
62.7%▼
2024 · 100.0%
ROA
44.2%▼
2024 · 61.4%
Interest coverage
18.88▼
2024 · 19.01
Debt
€44k▲
2024 · €25k
Debt ≤ 1 year
€44k▲
2024 · €25k
Income taxes
€19k▲
2024 · €11k
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€64k€150k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€725€391▼
Financial fixed assets28€300€300=
Current assets29/58€60k€147k▲
Amounts receivable within one year40/41€18k€51k▲
Trade receivables40€18k€51k▲
Cash at bank and in hand54/58€40k€93k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€64k€150k▲
Equity10/15€39k€106k▲
Profit (loss) carried forward14€39k€106k▲
Amounts payable17/49€25k€44k▲
Amounts payable within one year42/48€25k€44k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€24k€43k▲
Taxes450/3€24k€43k▲
Other amounts payable47/48€75€19▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€327€913▲
Other operating charges640/8€100€2k▲
Gross operating margin9900€54k€93k▲
Operating profit (loss)9901€54k€90k▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€51k€86k▲
Income taxes67/77€11k€19k▲
Profit (loss) for the period9904€39k€66k▲
Profit (loss) for the period to be appropriated9905€39k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€106k▲
Profit (loss) brought forward from the previous period14P-€39k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €106k ▲168%
2 profitable years in a row build equity to €106k.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Schaarbeek
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.
Generaal Eisenhowerlaan 1611030 SchaarbeekGround area
208 m²
Building footprint
95 m²
Volume, LiDAR
1,264 m³
Parcel 21904B0481/00A002, Brussels · tallest building 20.3 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21904B0481/00A002 | Brussels | 208 m² | 1 · 95 m² | 20.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IGIS-TECH
BE 0722.881.216
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Falcon et Co
BE 0454.596.933
Ukkel · Eq €106k
PI2 PROJECT CONSULT
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PROMAKOR
BE 0836.637.371
Kortrijk · Eq €105k
FCL ENGINEERING
BE 0897.915.538
Ittre · Eq €106k
Of 11,505 companies in sector 71121 we hold annual accounts for 6,524. 5,201 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-2024
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
41001General construction of residential buildings
41003General construction of other non-residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.