ALTEX GROUP

Active

Private limited companyfounded 20224 yrs activeBollobos 13, 3120 Tremelo, BelgiumKBO/BCE: BE 0788.255.355

Summary

The computed 12-month bankruptcy probability of ALTEX GROUP is 5.8% (elevated). The 2024 annual accounts show negative equity (-€12,253) and a net result of -€292. Equity is shrinking by ~59.6% per year across the filed fiscal years. Its solvency ranks better than 10% of 6718 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

ALTEX GROUPActiveChecked score 25/100

Risk analysis Report Compare

What they do

Freight transport by road

NACE 49410

1 site

How big

€63,157total assets 2024

Staff: 3.5 FTE
Equity: -€12,253
Loss: -€292

Turnover not published (abridged schema)

Financially healthy?

25 Weak Checked score 2024

Bankruptcy chance 12 m: 5.8%

Who decides

Accounts 63 d overdue0 of 2 deeds read

Why 25- Higher-failure-rate sector- Limited track record- Annual accounts: weaker financial profile- Negative equityLatest accounts filed on timeShow the evidence

Checked score

Score 2024

25 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability47▲+47

Solvency6▼-4

Growth58▲+23

Track record94

Bankruptcy probability, 12 months

5.8% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.68 against 0.8 in 2023; short-term debt: 113.7% and cash: 6.6% of total assets), and equity is negative.

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Land transport and transport via pipelines (NACE 49)

about 141% more bankruptcies

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

-19.4%

Return on assets

-0.5%

Age of the figures

21 mo

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

222324

2022 to 2024 · latest year -€12,253

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-07-2025, 10 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

10 d early

2023

355 d late

2022

32 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 126 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

21-07-25 Annual accounts filedfiscal year 2024 · micro…
21-07-25 Annual accounts filedfiscal year 2023 · micro…
01-09-23 Annual accounts filedfiscal year 2022 · micro…

Key points

Risk: Negative equityfiscal year 2024: debts exceed assets -€12,253 View
Caution: Among the weakest 10% on equitysector median €33,656 · 6,727 companies -€12,253 View
Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
Caution: 2 loss-making years in a rowloss fiscal year 2024 -€292 View