Altech Group
ActiveSummary
The computed 12-month bankruptcy probability of Altech Group is 10.6% (high). The 2024 annual accounts show negative equity (€-73k) and a net result of €-46k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32
Track record94
Bankruptcy probability, 12 months
10.6%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-73k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-03-2026, 221 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
221 d late
2023
127 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-46k▼ 41.4%
2023 · €-32k
Working capital
€-73k▼ 167%
2023 · €-27k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€-32k-€-45k▼ 41.0%
Net result€-32k-€-46k▼ 41.4%
Equity€-27k-€-73k▼ 167%
Total assets€4k-€4k▲ 9.2%
Debt€31k-€77k▲ 149%
Working capital€-27k-€-73k▼ 167%
Staff (FTE)0-
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €45k in 2024 against €32k in 2023; the loss grows.
Key figures and ratios
Debt ≤ 1 year
€77k▲
2023 · €31k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Gross operating margin9900 | €-32k | €-45k | ▼ 41.0% |
| Operating profit (loss)9901 | €-32k | €-45k | ▼ 41.0% |
| Financial charges65/66B | €99 | €251 | ▲ 154% |
| Recurring financial charges65 | €99 | €251 | ▲ 154% |
| Profit (loss) for the period before taxes9903 | €-32k | €-46k | ▼ 41.4% |
| Profit (loss) for the period9904 | €-32k | €-46k | ▼ 41.4% |
| Profit (loss) for the period to be appropriated9905 | €-32k | €-46k | ▼ 41.4% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €4k | €4k | ▲ 9.2% |
| Current assets29/58 | €4k | €4k | ▲ 9.2% |
| Amounts receivable within one year40/41 | - | €847 | - |
| Trade receivables40 | - | €847 | - |
| Cash at bank and in hand54/58 | €4k | €3k | ▼ 14.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €4k | €4k | ▲ 9.2% |
| Equity10/15 | €-27k | €-73k | ▼ 167% |
| Contributions10/11 | €5k | €5k | = |
| Profit (loss) carried forward14 | €-32k | €-78k | ▼ 141% |
| Amounts payable17/49 | €31k | €77k | ▲ 149% |
| Amounts payable within one year42/48 | €31k | €77k | ▲ 149% |
| Trade debts44 | €31k | €22k | ▼ 28.5% |
| Suppliers440/4 | €31k | €22k | ▼ 28.5% |
| Other amounts payable47/48 | - | €55k | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-32k | €-46k | ▼ 41.4% |
| Operating cash flow (approximation) | €-32k | €-46k | ▼ 41.4% |
| Change in cash | - | €-516 | - |
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
2026
09-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 221 days late
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 127 days late
NBB filing
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Sint-Joost-ten-Node · 1 establishment unit since 2022
Ground area
3,162 m²
Building footprint
2,256 m²
Volume, LiDAR
107,414 m³
Parcel 21014A0112/00K002, Brussels · tallest building 79.3 m, ±19 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Lazaruslaan 4-10 ET6, 1210 Sint-Joost-ten-Node
since 20222.330.162.605
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0112/00K002 | Brussels | 3,162 m² | 1 · 2,256 m² | 79.3 m · 19 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.
Identification & contact
Identification
Legal formPublic limited company
Founded31-03-2022
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.