2 directorsHidden nameVisible after signing in and 1 other
Documentsfilings and deeds
19-06-202642 days before the deadline
2025micro format
Gross margin from €28,061 to €19,317Result from €17,919 to €12,571Equity from €58,407 to €70,978Debts from €2,872 to €46,831Cash from €60,061 to €117,663
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 26,969 companies had the same profile as ALTERA PROJECTS has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Micro
5 to 10 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 26,969 companies, not a prediction for ALTERA PROJECTS. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0721803922
Change of role: Hidden nameVisible after signing in, from manager to director
Appointment: Name after signing inVisible after signing in (administrateur supplémentaire non statutaire) · Director discharge: Name hiddenVisible after signing in · General meeting of 26-05-2023 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares · Founders: Hidden nameVisible after signing in and Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in (manager) · published on 06-03-2019 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as ALTERA PROJECTS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €101,000 and €132,000, founded between 2017 and 2019.
micro format, filed on 19-06-2026, 42 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €89,000. Estimated: probably between €42,000 and €180,000.
Balance sheet
balance sheet total €117,809 on 31-12-2025
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
2023
2022
2021
2020
2019
18,917
27,674
19,903
21,057
8,930
-
-13,594
13,085
18,677
13,853
17,001
8,741
-
-13,634
0
0
0
2,276
7,735
-
7,735
57,602
8,820
14,832
4,006
13,691
10,649
-
70,978
57,894
39,216
25,363
10,638
7,484
-2,769
60.2%
95.3%
74.5%
69.9%
36.5%
27.7%
11.2%
2.52
21.16
3.83
3.12
1.45
1.38
0.88
0.66
0.05
0.34
0.43
1.74
2.61
7.89
17.7%
30.7%
31.3%
51.0%
45.2%
62.3%
-560.1%
10.7%
29.2%
23.3%
35.6%
16.5%
17.3%
-63.0%
92.97
over 100
over 100
over 100
83.63
-
-
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
2023
2022
2021
Tangible fixed assets
-
-
-
€2,276
€7,735
€514
€759
€1,189
€2,823
€2,578
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ALTERA PROJECTS
The operating result for 2025 is 32% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total rises from 4.7% to 39.8%. Equity and debt are higher.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
2 names, the dashed line is today
2019202020212022202320242025202620272028
Name after signing inVisible after signing in Director (not named in the articles)
Name hiddenVisible after signing in Administrateur supplémentaire non statutaire
BoardEarliermandate already running before its first mention
Mandates as a list
Hidden nameVisible after signing in
Manager (not named in the articles), from 01-03-2019 to 15-06-2023
Director (not named in the articles), appointed by deed of 15-06-2023, still in office
Name after signing inVisible after signing in
Administrateur supplémentaire non statutaire, since before 31-12-2022
via Name hiddenVisible after signing in, no longer at Hidden nameVisible after signing in · Director · deed of 07-08-2015
founded in 2015
Connections & network
Connections & network
ALTERA PROJECTS is linked to other companies through directors or shares. Look especially for linked companies in trouble.
3 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Hidden nameVisible after signing in
via Name after signing inVisible after signing in · Chair · deed of 05-01-2023
Founded in 2019 · total assets €3.1m (2025) · negative equity
Name hiddenVisible after signing in
via Hidden nameVisible after signing in and Name after signing inVisible after signing in · Director (not named in the articles) · deed of 26-04-2024
Founded in 2024
Name hiddenVisible after signing in
via Hidden nameVisible after signing in and Name after signing inVisible after signing in · Director · deed of 02-05-2024
Founded in 2019
Timeline
Timeline
15 events since 2019
Board
Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts:
31-07-2027
2026
Annual accounts 2025 filedNBB ↗micro format · 42 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0721803922
Annual accounts 2024 filedPDFmicro format · 38 days before the deadline
2024
Highest result from 2019 to 2025net €17,919 ▲41.5% The operating result of €26,916 and the net result of €17,919 are both a record.
Liquidity more than 5 timescurrent ratio 21.16 The current ratio rises from 3.83 to 21.16. Short-term debt falls from €13,854 to €2,872.
Annual accounts 2023 filedPDFmicro format · 41 days before the deadline
2023
Annual accounts 2022 filedPDFmicro format · 33 days before the deadline
Change of role: Hidden nameVisible after signing in, from manager to directorAppointment: Name after signing inVisible after signing in (administrateur supplémentaire non statutaire) · Director discharge: Name hiddenVisible after signing in · General meeting of 26-05-20238 points ▸
General meeting, 26-05-2023
100 shares
Director resignation, Hidden nameVisible after signing in (manager)
Director appointment, Name after signing inVisible after signing in (director (not named in the articles))
Director discharge, Name hiddenVisible after signing in
Director appointment, Hidden nameVisible after signing in (administrateur supplémentaire non statutaire)
Registered office clause, rue Vieux Chemin de Genappe 40, 1340 Ottignies-Louvain-la-Neuve
Power of attorney, Name after signing inVisible after signing in
Liquidity more than doubledcurrent ratio 3.12 The current ratio rises from 1.45 to 3.12. Short-term debt falls from €23,726 to €11,954.
Annual accounts 2021 filedPDFmicro format · 37 days before the deadline
2021
Annual accounts 2020 filedPDFmicro format · 11 days late
2020
Back to profitnet €4,666 The net result is €4,666, after one loss-making year.
Annual accounts 2019 filedPDFmicro format · 90 days late
2019
IncorporationFounding capital of €18,600, 100 shares · Founders: Name hiddenVisible after signing in and Hidden nameVisible after signing in · Appointment: Name after signing inVisible after signing in (manager) · published on 06-03-20195 points ▸
Founder, Name hiddenVisible after signing in
Founder, Hidden nameVisible after signing in
Founding capital, €18,600, 100 shares
Capital, €18,600, 100 shares
Director appointment, Name after signing inVisible after signing in (manager (not named in the articles))
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 4 March 2019, ALTERA PROJECTS was incorporated by two natural persons, with a starting capital of €18,600.12Of the 2 current board members, Name after signing inVisible after signing in has served longest, since 2019.3Total assets went from €25,058 in 2019 to €117,809 in 2025.4
PurposeThe purpose describes the activities the company may carry out under its articles.
“La conception de lieux de vie durable et la création d'éco quartiers en assurant le développement complet du projet (y compris la recherche…”
14 activities
La conception de lieux de vie durable et la création d'éco quartiers en assurant le développement complet du projet (y compris la recherche de terrain,la conception du projet,la recherche des futurs habitants du lieu et le suivi de chantier) ainsi que la fourniture de tous services,de conseils et de consultance pour développer des projets de construction durable ;
La consultance et la prestation de services dans les domaines des énergies renouvelables (dont notamment l'énergie photovoltaïque),toutes opérations de consultance,expertise,installation,création,fabrication,conception,transformation,sous-traitance,commercialisation,distribution,représentation,consignation,importation,exportation,vente et achat de tous biens,produits et services de toute nature dans les domaines précités et entres autres : écoconstruction,certification énergétique,guichet énergétique,agréation et expertise liées aux métiers du bâtiment.
L'achat,l'implantation et l'exploitation d'unités de production d'énergie d'origine solaire,en ce compris la vente de l'énergie produite.
L'achat,l'échange,la vente,la prise en location et en sous-location,ainsi que la cession en location et en sous-location,le tout avec ou sans option d'achat,l'exploitation et l'entretien de maisons,appartements,bureaux,magasins,fonds de commerce,terrains,terres et domaines,et de manière générale,de tous biens immobiliers,ainsi que toutes opérations de financement.
Elle pourra ériger toutes constructions pour son compte ou pour compte de tiers,en tant que maître d'ouvrage ou entrepreneur général,et,effectuer,éventuellement aux biens immobiliers,des transformations et mises en valeur ainsi que l'étude et l'aménagement de lotissements y compris la construction de routes et égouts; souscrire des engagements en tant que conseiller en construction (études de génie civil et des divers équipements techniques des immeubles); acheter tous matériaux,signer tous contrats d'entreprises qui seraient nécessaires; réaliser toutes opérations de change,commission et courtage,ainsi que la gérance d'immeubles.
Elle peut acheter,exploiter et construire tant pour elle-même que pour des tiers,par location ou autrement,tous parkings,garages.
La réalisation de toutes prestations de services et de tous mandats sous forme d'études,d'organisations,de conseils et d'expertises dans les matières mobilières,immobilières,financières,économiques,administratives et financières,commerciales,sociales,fiscales et juridiques.
L'acquisition,la gestion et l'exploitation de tous droits intellectuels,brevets et licences.
L'acquisition,la vente ou l'échange de tout droit mobilier et de toute valeur mobilière,en ce compris notamment la constitution et la gestion d'un portefeuille de valeurs mobilières pour son compte propre uniquement ;
La prise de participations,directe ou indirecte,dans le capital de toute personne morale belge ou étrangère,existante ou à créer,de quelque manière que ce soit,notamment par voie d'apport,de fusion,de souscription et de commandite.
Consentir tous prêts,crédits et avances sous quelque forme que ce soit et pour quelque durée que ce soit,à toutes entreprises affiliées ou dans laquelle la société possède une participation.
Se voir octroyer,sous quelque forme que ce soit et pour quelque durée que ce soit,tous prêts,crédits et avances par toute personne physique ou morale dans le cadre de ses activités.
Donner caution,aval ou toutes garanties généralement quelconques,tant pour ses propres engagements que pour les engagements de tiers,entre autres en donnant ses biens en hypothèque ou en gage,y compris son fonds de commerce ;
Exercer la fonction de gérant,d'administrateur,de délégué à la gestion journalière,de liquidateur ainsi que toute autre fonction autorisée dans toute personne morale belge ou étrangère.