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Altergroup

Open bankruptcy
Private limited company (pre-2019)founded 2019Naamsesteenweg 41, 3001 Leuven, BelgiumKBO/BCE: BE 0724.681.357

A bankruptcy procedure is open for Altergroup according to publications in the Belgian State Gazette; curator: CHRISTOPHE CELIS.

Summary

The file additionally contains 1 administrative flag. The 2020 annual accounts show equity of €28,665 and a net result of €21,686.

AltergroupOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Leuven
Declared bankrupt
13 February 2025
Supervising judge
Frank Pyck
Official Gazette
20-02-2025 (pdf) ↗search the document for 2025/107402

Deadlines

Provisional date payments stopped
13 February 2025A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 7 March 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 15 March 2025art. XX.104 and XX.155 CEL
First verification report
passed on 25 March 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 13 February 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Overview

What they do
Activity not known1 site
How big
€566,302total assets 2020
Equity
€28,665
Profit
€21,686
Turnover not published (abridged schema)
Financially healthy?
Open bankruptcy: no score
Who decides
Accounts 1523 d overdue0 of 2 deeds read
Signals- Open bankruptcy- Administrative warnings in the KBO publicationsShow the evidence

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
  1. OpeningOndernemingsrechtbank Leuven · event 13-02-2025
  2. UBO non-complianceevent 29-07-2024
  3. Annual accounts filedfiscal year 2020 · micro…

Financials

Fiscal year 2020Total assets €566,302Profit €21,686Solvency 5.1%Liquidity 1.05
Total assets
€566,302▲ 44.3%
2019 - 2020
Net result
€21,686▲ 2,682%
2019 - 2020
Equity
€28,665▲ 311%
2019 - 2020
Solvency
5.1%▲ 3.3pp
2019 - 2020

Financials · fiscal year 2020, micro schema

Trend over the years2 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020
Operating result€817-€29,105▲ 3,464%
Net result€779-€21,686▲ 2,682%
Equity€6,979-€28,665▲ 311%
Total assets€392,331-€566,302▲ 44.3%
Debt€385,352-€537,637▲ 39.5%
Working capital€6,979-€28,665▲ 311%
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2020
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2019: €817€817Net result 2019: €779€779Operating result 2020: €29,105€29,105Net result 2020: €21,686€21,68620192020€0€10,000€20,000€30,000Operating result 2019: €817€817Net result 2019: €779€779Operating result 2020: €29,105€29,100Net result 2020: €21,686€21,70020192020
The operating result rises in 2020; 2020 is 3,464% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €566,302
Equity €28,665 ▲ 311%
Debt €537,637 ▲ 39.5%
Debt's share of the balance-sheet total falls from 98.2% to 94.9%. Equity and debt are higher.
Key figures and ratios2020
Key figures and ratios
2020 value · change against 2019
Current ratio
1.05▲
2019 · 1.02
Quick ratio
0.40▲
2019 · 0.30
Debt to equity
18.76
ROE
75.7%▲
2019 · 11.2%
ROA
3.8%▲
2019 · 0.2%
Debt ≤ 1 year
€537,637▲
2019 · €385,352
Income taxes
€7,229
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accountsfiscal year 2020
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 29 lines
Balance sheet Code20192020
Assets
Total assets20/58€392,331€566,302▲
Current assets29/58€392,331€566,302▲
Stocks and contracts in progress3€276,227€353,921▲
Stocks30/36-€353,921
Amounts receivable within one year40/41€78,659€191,379▲
Trade receivables40-€191,379
Cash at bank and in hand54/58€37,445€21,002▼
Equity and liabilities
Total equity and liabilities10/49€392,331€566,302▲
Equity10/15€6,979€28,665▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14€779€22,465▲
Amounts payable17/49€385,352€537,637▲
Amounts payable within one year42/48€385,352€537,637▲
Trade debts44€53,957€87,492▲
Suppliers440/4-€87,492
Advances received on contracts in progress46-€433,270
Taxes, remuneration and social security45-€7,454
Taxes450/3-€7,454
Other amounts payable47/48-€9,421
Income statement Code20192020
Gross operating margin9900€1,463€29,105▲
Operating profit (loss)9901€817€29,105▲
Financial charges65/66B-€190
Recurring financial charges65€37€190▲
Profit (loss) for the period before taxes9903€779€28,915▲
Income taxes67/77-€7,229
Profit (loss) for the period9904€779€21,686▲
Profit (loss) for the period to be appropriated9905€779€21,686▲
Appropriation of the result
Profit (loss) to be appropriated9906-€22,465
Profit (loss) brought forward from the previous period14P-€779

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020Change
Gross operating margin9900€1,463€29,105▲ 1,889%
Operating profit (loss)9901€817€29,105▲ 3,464%
Financial charges65/66B-€190-
Recurring financial charges65€37€190▲ 410%
Profit (loss) for the period before taxes9903€779€28,915▲ 3,610%
Income taxes67/77-€7,229-
Profit (loss) for the period9904€779€21,686▲ 2,682%
Profit (loss) for the period to be appropriated9905€779€21,686▲ 2,682%
Line20192020Change
Assets
Total assets20/58€392,331€566,302▲ 44.3%
Current assets29/58€392,331€566,302▲ 44.3%
Stocks and contracts in progress3€276,227€353,921▲ 28.1%
Stocks30/36-€353,921-
Amounts receivable within one year40/41€78,659€191,379▲ 143%
Trade receivables40-€191,379-
Cash at bank and in hand54/58€37,445€21,002▼ 43.9%
Equity and liabilities
Total equity and liabilities10/49€392,331€566,302▲ 44.3%
Equity10/15€6,979€28,665▲ 311%
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14€779€22,465▲ 2,782%
Amounts payable17/49€385,352€537,637▲ 39.5%
Amounts payable within one year42/48€385,352€537,637▲ 39.5%
Trade debts44€53,957€87,492▲ 62.2%
Suppliers440/4-€87,492-
Advances received on contracts in progress46-€433,270-
Taxes, remuneration and social security45-€7,454-
Taxes450/3-€7,454-
Other amounts payable47/48-€9,421-
Line20192020Change
Profit (loss) for the period9904€779€21,686▲ 2,682%
Operating cash flow (approximation)€779€21,686▲ 2,682%
Change in cash--€16,443-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Board & ownership

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →

Insolvency mandates

1 mandate
Role Name Tenure
Curator CHRISTOPHE CELIS
Grasbos 35, 3294 Molenstede
13-02-2025 → present

Timeline

4 eventsLatest 20-02-2025

History

Altergroup was incorporated on 9 April 2019.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2020.2 On 13 February 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020
  3. 3Belgian State Gazette, 20-02-2025

Acts, filings and financial milestones

2025
20-02
Bankruptcy Opening
Ondernemingsrechtbank Leuven · event 13-02-2025
2024
12-08
KBO administration UBO non-compliance
event 29-07-2024
2022
31-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 304 days late
2021
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 364 days late
SignalNBB filing
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.

Company details

Private limited company (pre-2019) · founded 09-04-2019Year ends 31-12Peppol not found1 site

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded09-04-2019
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
1,222 m²
Building footprint
184 m²
Volume, LiDAR
2,556 m³
Parcel 24433E0305/00G002, Flanders · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Naamsesteenweg 41, 3001 Leuven
Agents specialised in the wholesale of other particular products
since 2019unit no. 2.291.857.503
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24433E0305/00G002 Flanders 1,222 m² 1 · 184 m² 19.1 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.

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