ALTAY
ActiveSummary
The computed 12-month bankruptcy probability of ALTAY is 3.6% (moderate). The 2025 annual accounts show equity of €25,254 and a net result of €136. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 13604 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability55▼-45
Solvency100=
Growth61▼-17
Track record94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 4.58 against 6.29 in 2024; short-term debt: 12.5% and cash: 35.5% of total assets), and 12.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
87.5%
Return on assets
0.5%
Age of the figures
9 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 10-06-2026, 51 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
51 d early
2024
118 d late
2023
49 d late
2022
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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 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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€60,782▼ 4.3%
2022 · €63,497
EBIT margin
0.3%▲ 15.5pp
2022 · -15.2%
Net result
€136▼ 98.3%
2024 · €8,174
Working capital
€12,877▼ 42.8%
2024 · €22,510
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Turnover€63,497-€60,782
Operating result-€9,660-€6,757€8,243▲ 22.0%€179▼ 97.8%
Net result-€9,721below the sector's middle half-€6,665within the sector's middle half€8,174within the sector's middle half▲ 22.6%€136within the sector's middle half▼ 98.3%
EBIT margin-15.2%-0.3%
Equity€10,279within the sector's middle half-€16,944within the sector's middle half▲ 64.8%€25,118within the sector's middle half▲ 48.2%€25,254within the sector's middle half▲ 0.5%
Total assets€13,152below the sector's middle half-€18,159below the sector's middle half▲ 38.1%€29,377below the sector's middle half▲ 61.8%€28,855below the sector's middle half▼ 1.8%
Debt€2,874-€1,214▼ 57.7%€4,259▲ 251%€3,600▼ 15.5%
Working capital€6,264within the sector's middle half-€14,230within the sector's middle half▲ 127%€22,510within the sector's middle half▲ 58.2%€12,877within the sector's middle half▼ 42.8%
Solvency78.2%above the sector's middle half-93.3%above the sector's middle half▲ 15.2pp85.5%above the sector's middle half▼ 7.8pp87.5%above the sector's middle half▲ 2.0pp
Current ratio3.18above the sector's middle half-12.72above the sector's middle half▲ 9.546.29above the sector's middle half▼ 6.434.58above the sector's middle half▼ 1.71
Return on assets (ROA)-73.9%below the sector's middle half-36.7%above the sector's middle half▲ 110.6pp27.8%above the sector's middle half▼ 8.9pp0.5%within the sector's middle half▼ 27.4pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 98% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28,855
Fixed assets
€12,378 ▲ 375%
Current assets
€16,477 ▼ 38.4%
Equity and liabilities €28,855
Equity
€25,254 ▲ 0.5%
Debt
€3,600 ▼ 15.5%
Debt's share of the balance-sheet total falls from 14.5% to 12.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€896▼
2024 · €9,572
Cash flow
€852▼
2024 · €9,503
Quick ratio
3.53▼
2024 · 5.86
Debt to equity
0.14▼
2024 · 0.17
ROE
0.5%▼
2024 · 32.5%
Interest coverage
20.66▼
2024 · 137.49
Debt ≤ 1 year
€3,600▼
2024 · €4,259
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,549 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
1.8%
went bankrupt
3.1%
stopped otherwise
94%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,549 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €63,497 | - | - | €60,782 | - |
| Goods, raw materials, services and sundry goods60/61 | €71,820 | - | - | €59,901 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €989 | €1,300 | €1,329 | €716 | ▼ 46.1% |
| Other operating charges640/8 | €348 | - | - | - | - |
| Gross operating margin9900 | -€8,323 | €8,057 | €9,572 | €896 | ▼ 90.6% |
| Operating profit (loss)9901 | -€9,660 | €6,757 | €8,243 | €179 | ▼ 97.8% |
| Financial income75/76B | €0 | €0 | €0 | €0 | ▼ 86.4% |
| Recurring financial income75 | €0 | €0 | €0 | €0 | ▼ 86.4% |
| Financial charges65/66B | €61 | €92 | €70 | €43 | ▼ 37.7% |
| Recurring financial charges65 | €61 | €92 | €70 | €43 | ▼ 37.7% |
| Profit (loss) for the period before taxes9903 | -€9,721 | €6,665 | €8,174 | €136 | ▼ 98.3% |
| Profit (loss) for the period9904 | -€9,721 | €6,665 | €8,174 | €136 | ▼ 98.3% |
| Profit (loss) for the period to be appropriated9905 | -€9,721 | €6,665 | €8,174 | €136 | ▼ 98.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €13,152 | €18,159 | €29,377 | €28,855 | ▼ 1.8% |
| Fixed assets21/28 | €4,015 | €2,715 | €2,608 | €12,378 | ▲ 375% |
| Tangible fixed assets22/27 | €2,911 | €1,611 | €1,504 | €11,274 | ▲ 649% |
| Plant, machinery and equipment23 | €2,911 | €1,611 | €311 | €10,325 | ▲ 3,223% |
| Furniture and vehicles24 | - | - | €1,194 | €949 | ▼ 20.5% |
| Financial fixed assets28 | €1,104 | €1,104 | €1,104 | €1,104 | = |
| Current assets29/58 | €9,138 | €15,444 | €26,769 | €16,477 | ▼ 38.4% |
| Stocks and contracts in progress3 | €1,004 | €2,000 | €1,808 | €3,762 | ▲ 108% |
| Stocks30/36 | €1,004 | €2,000 | €1,808 | €3,762 | ▲ 108% |
| Amounts receivable within one year40/41 | - | - | €2,442 | €2,467 | ▲ 1.0% |
| Trade receivables40 | - | - | €1,369 | €2,467 | ▲ 80.2% |
| Other amounts receivable41 | - | - | €1,073 | - | - |
| Cash at bank and in hand54/58 | €8,134 | €13,444 | €22,519 | €10,247 | ▼ 54.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €13,152 | €18,159 | €29,377 | €28,855 | ▼ 1.8% |
| Equity10/15 | €10,279 | €16,944 | €25,118 | €25,254 | ▲ 0.5% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€9,721 | -€3,056 | €5,118 | €5,254 | ▲ 2.7% |
| Amounts payable17/49 | €2,874 | €1,214 | €4,259 | €3,600 | ▼ 15.5% |
| Amounts payable within one year42/48 | €2,874 | €1,214 | €4,259 | €3,600 | ▼ 15.5% |
| Trade debts44 | €1,809 | €441 | €4,205 | €2,803 | ▼ 33.3% |
| Suppliers440/4 | €1,809 | €441 | €4,205 | €2,803 | ▼ 33.3% |
| Taxes, remuneration and social security45 | €1,044 | €732 | - | €668 | - |
| Taxes450/3 | €1,044 | €732 | - | €668 | - |
| Other amounts payable47/48 | €20 | €41 | €55 | €129 | ▲ 138% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,721 | €6,665 | €8,174 | €136 | ▼ 98.3% |
| + Depreciation and write-downs630 | €989 | €1,300 | €1,329 | €716 | ▼ 46.1% |
| Operating cash flow (approximation) | -€8,732 | €7,965 | €9,503 | €852 | ▼ 91.0% |
| Investment in fixed assets (approximation) | - | €0 | -€1,222 | -€10,486 | ▼ 758% |
| Change in cash | - | €5,310 | €9,076 | -€12,272 | ▼ 235% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 118 days late
2024
31-12
Financial
Highest result since 2022net €8,174 ▲22.6%
Operating result €8,243, net result €8,174, both a record.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
31-12
Financial
Back to profitnet €6,665
Net result €6,665 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 12.72
Current ratio from 3.18 to 12.72; short-term debt falls from €2,874 to €1,214.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Antwerpen · 1 establishment unit since 2022
Ground area
80 m²
Building footprint
69 m²
Volume, LiDAR
955 m³
Parcel 11811L3683/00E000, Flanders · tallest building 15.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Snack Piramides
since 20222.327.827.576
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3683/00E000 | Flanders | 80 m² | 1 · 69 m² | 15.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 siteAntwerpen2.327.827.576
Similar companies · same sector, comparable size
DOWINA
BE 0474.875.673
Lievegem · Eq €25,255
CROPAINS
BE 0732.544.988
Brugge · Eq €25,261
Diner & Take Out
BE 0458.599.865
Brasschaat · Eq €25,243
DOLCE NAPOLITANI SRL
BE 1008.588.380
Sint-Agatha-Berchem · Eq €25,270
AVKO
BE 0737.645.903
Brussel · Eq €25,272
Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. 8,292 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0782323212
Also
9925:BE0782323212
Registered
18-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.