ALTENA & CO
InactiveALTENA & CO was declared bankrupt on 02-05-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 29-07-2024, published in the Belgian State Gazette on 08-08-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
30-09-2022 close30-04-2023 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 09-03-2022, 52 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
52 d early
2020
206 d late
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-21k▼ 533%
2020 · €-3k
2018: €20k
2019: €22k
2020: €-3k
2018 → 2021
Total assets
€36k▼ 26.3%
2020 · €49k
2018: €106k
2019: €88k
2020: €49k
2018 → 2021
Net result
€-18k▲ 30.3%
2020 · €-25k
2018: €25k
2019: €2k
2020: €-25k
2018 → 2021
Working capital
€-35k▼ 275%
2020 · €-9k
2018: €-3k
2019: €4k
2020: €-9k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€20k-€22k▲ 10.7%€-3k€-21k▼ 533%
Operating result€34k-€8k▼ 77.4%€-22k€-16k▲ 28.3%
Net result€25k-€2k▼ 91.5%€-25k€-18k▲ 30.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2021 against €22k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €36k
Fixed assets
€14k▲ 11.0%
Current assets
€22k▼ 39.6%
Key figures and ratios
EBITDA
€-11k▲
2020 · €-16k
Cash flow
€-12k▲
2020 · €-19k
Solvency
-58.4%▼
2020 · -6.8%
Current ratio
0.38▼
2020 · 0.79
Quick ratio
0.26▼
2020 · 0.63
ROA
-49.2%▲
2020 · -52.0%
Debt
€57k▲
2020 · €52k
Debt ≤ 1 year
€57k▲
2020 · €46k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€49k€36k▼
Fixed assets21/28€13k€14k▲
Intangible fixed assets21€3k€1k▼
Tangible fixed assets22/27€10k€8k▼
Financial fixed assets28€90€5k▲
Current assets29/58€36k€22k▼
Stocks and contracts in progress3€8k€7k▼
Amounts receivable within one year40/41€9k€2k▼
Cash at bank and in hand54/58€19k€12k▼
Equity and liabilities
Total equity and liabilities10/49€49k€36k▼
Equity10/15€-3k€-21k▼
Reserves13€2k€2k=
Profit (loss) carried forward14€-23k€-41k▼
Amounts payable17/49€52k€57k▲
Amounts payable within one year42/48€46k€57k▲
Trade debts44€21k€20k▼
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Gross operating margin9900€95k€55k▼
Operating profit (loss)9901€-22k€-16k▲
Recurring financial income75€3-
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-25k€-18k▲
Profit (loss) for the period9904€-25k€-18k▲
Profit (loss) for the period to be appropriated9905€-25k€-18k▲
Timeline · acts, filings and financial milestones
2024
08-08
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · ALTENA & CO SPRL RUE BOSQUET 62, 1060 SAINT-GILLES. déclarée le 2 mai 2022 · event 29-07-2024
2022
09-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · ALTENA & CO SPRL RUE BOSQUET 62, 1060 SAINT-GILLES · event 02-05-2022
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 206 days late
2020
30-09
Financial
Weakest financial yearnet €-25k ▼1289%
Net result drops to €-25k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
2016
23-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
20-03
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
12-05
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 12 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES PIRON AVENUE DE LA TOISON D’OR 77,
1060 BRUXELLES 6 |
02-05-2022 → present |