Alterna
Open bankruptcySummary
A bankruptcy procedure is open for Alterna according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €23k and a net result of €-933k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
61 d late
2022
129 d late
2021
80 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€23k▼ 97.6%
2022 · €956k
2018: €2.80M
2019: €1.62M
2020: €1.44M
2021: €1.34M
2022: €956k
2018 → 2023
Total assets
€3.52M▼ 0.9%
2022 · €3.55M
2018: €5.59M
2019: €4.43M
2020: €4.11M
2021: €4.19M
2022: €3.55M
2018 → 2023
Net result
€-933k
2022 · €77k
2018: €-77k
2019: €-890k
2020: €-67k
2021: €-99k
2022: €77k
2018 → 2023
Working capital
€-114k
2022 · €637k
2018: €1.45M
2019: €565k
2020: €531k
2021: €542k
2022: €637k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€1.62M-€1.44M▼ 11.2%€1.34M▼ 6.9%€956k▼ 28.5%€23k▼ 97.6%
Operating result€-857k-€-86k▲ 90.0%€-70k▲ 18.8%€318k€-60k
Net result€-890k-€-67k▲ 92.5%€-99k▼ 47.7%€77k€-933k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €60k after €318k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €3.52M
Fixed assets
€1.86M ▼ 8.0%
Current assets
€1.66M ▲ 8.5%
Equity and liabilities €3.52M
Equity
€23k ▼ 97.6%
Provisions
€660k =
Debt
€2.83M ▲ 46.6%
Debt's share of the balance-sheet total rises from 54.5% to 80.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€30k▼
2022 · €414k
Cash flow
€-842k▼
2022 · €172k
Current ratio
0.94▼
2022 · 1.71
Quick ratio
0.70▼
2022 · 1.20
ROA
-26.5%▼
2022 · 2.2%
Interest coverage
0.90▼
2022 · 11.06
Debt ≤ 1 year
€1.77M▲
2022 · €892k
Debt > 1 year
€1.06M▲
2022 · €1.04M
Income taxes
€839k▲
2022 · €204k
A ratio outside any meaningful range has been withheld (balance sheet total €3.52M, equity €23k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 58 lines
Balance sheet
Code20222023
Assets
Total assets20/58€3.55M€3.52M▼
Fixed assets21/28€2.02M€1.86M▼
Tangible fixed assets22/27€1.79M€1.63M▼
Land and buildings22€1.76M€1.62M▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€17k-
Financial fixed assets28€232k€232k=
Current assets29/58€1.53M€1.66M▲
Stocks and contracts in progress3€461k€413k▼
Stocks30/36€461k€413k▼
Amounts receivable within one year40/41€745k€919k▲
Trade receivables40€35k€39k▲
Other amounts receivable41€710k€880k▲
Current investments50/53€278k€278k=
Cash at bank and in hand54/58€46k€49k▲
Equity and liabilities
Total equity and liabilities10/49€3.55M€3.52M▼
Equity10/15€956k€23k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.97M€1.97M=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€1.35M€1.35M=
Distributable reserves133€614k€614k=
Profit (loss) carried forward14€-1.08M€-2.01M▼
Provisions and deferred taxes16€660k€660k=
Deferred taxes168€660k€660k=
Amounts payable17/49€1.93M€2.83M▲
Amounts payable after more than one year17€1.04M€1.06M▲
Financial debts170/4€1.03M€1.05M▲
Other amounts payable178/9€9k€9k=
Amounts payable within one year42/48€892k€1.77M▲
Financial debts43€280k€282k▲
Credit institutions430/8€280k€282k▲
Trade debts44€578k€1.46M▲
Suppliers440/4€578k€1.46M▲
Advances received on contracts in progress46€29k€29k=
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€2k-
Remuneration and social security454/9€4k€4k=
Accrued charges and deferred income492/3€3k-
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€90k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€48k
Other operating charges640/8€27k€3k▼
Non-recurring operating charges66A€28k€69k▲
Gross operating margin9900€469k€150k▼
Operating profit (loss)9901€318k€-60k▼
Financial income75/76B€6€15▲
Recurring financial income75€6€15▲
Financial charges65/66B€37k€34k▼
Recurring financial charges65€37k€34k▼
Profit (loss) for the period before taxes9903€281k€-94k▼
Income taxes67/77€204k€839k▲
Profit (loss) for the period9904€77k€-933k▼
Profit (loss) for the period to be appropriated9905€77k€-933k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.08M€-2.01M▼
Profit (loss) brought forward from the previous period14P€-1.15M€-1.08M▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 27-02-2025
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-933k
Net result drops to €-933k, the lowest in the series.
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 129 days late
2022
31-12
Financial
Back to profitnet €77k
Net result €77k after 4 loss-making years.
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 80 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Hasselt · 1 establishment unit since 2000
Ground area
5,664 m²
Building footprint
918 m²
Volume, LiDAR
9,680 m³
2 parcels, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
39
companies at this address
See who is registered here
1 establishment unit
Grobbenstraat 1, 3950 Bocholt
since 20002.034.566.189
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72003C1221/00H000 | Flanders | 2,899 m² | 1 · 230 m² | 8.1 m · 2 fl. |
| 71328D0384/00D000 | Flanders | 2,765 m² | 1 · 688 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JEF SCHEEPERS WIJNGAARDSTRAAT 6,
3700 TONGEREN-BORGLOON |
27-02-2025 → present |
| Curator | ELKE NATENS WIJNGAARDSTRAAT 6, 3700 TONGEREN-BORGLOON- |
27-02-2025 → present |
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Of 944 companies in sector 46231 we hold annual accounts for 421. 194 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
46231Wholesale of live animals
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46110Wholesale trade
46720Wholesale of motor vehicle parts and accessories
52210Service activities incidental to land transportation
68203Renting and operating of own or leased non-residential real estate, excluding land
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.