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ALTHIMMO

Active
Private limited companyfounded 201412 yrs activeAvenue Prince Baudouin 6, 4802 Verviers, BelgiumKBO/BCE: BE 0543.850.987
Summary

The computed 12-month bankruptcy probability of ALTHIMMO is 3.6% (moderate). The 2024 annual accounts show negative equity (-€8,110) and a net result of -€2,903. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-46
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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
Age of the figures
Age of the figures
21 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€8,110
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
18 d late
2023
13 d early
2022
124 d early
2021
102 d early
2020
38 d late
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 36 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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

History

ALTHIMMO was incorporated on 7 January 2014.1 Total assets fell from EUR 146,453 in 2018 to EUR 15,558 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2024, full schema

Turnover
€0
EBIT margin
Not included in this filing
Net result
-€2,903
2023 · €517
Working capital
-€8,110▼ 55.8%
2023 · -€5,207
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€0
Operating result-€5,370▲ 32.7%-€2,635▲ 50.9%-€1,628▲ 38.2%-€3,639▼ 124%-€2,861▲ 21.4%
Net result-€5,357▲ 32.9%-€2,719▲ 49.2%-€1,715▲ 36.9%€517-€2,903
Equity-€1,290-€4,009▼ 211%-€5,724▼ 42.8%-€5,207▲ 9.0%-€8,110▼ 55.8%
Total assets€136,523▼ 7.7%€102,047▼ 25.3%€98,105▼ 3.9%€15,558▼ 84.1%€898▼ 94.2%
Debt€137,813▲ 250%€106,056▼ 23.0%€103,829▼ 2.1%€20,765▼ 80.0%€9,009▼ 56.6%
Working capital-€2,268-€4,009▼ 76.8%-€5,724▼ 42.8%-€5,207▲ 9.0%-€8,110▼ 55.8%
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2020: -€5,370-€5,370Net result 2020: -€5,357-€5,357Operating result 2021: -€2,635-€2,635Net result 2021: -€2,719-€2,719Operating result 2022: -€1,628-€1,628Net result 2022: -€1,715-€1,715Operating result 2023: -€3,639-€3,639Net result 2023: €517€517Operating result 2024: -€2,861-€2,861Net result 2024: -€2,903-€2,90320202021202220232024-€4,000-€2,000€0Operating result 2022: -€1,628-€1,630Net result 2022: -€1,715-€1,710Operating result 2023: -€3,639-€3,640Net result 2023: €517€517Operating result 2024: -€2,861-€2,860Net result 2024: -€2,903-€2,900202220232024
The operating result stays negative: a loss of €2,861 in 2024 against €3,639 in 2023; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€9,009▼
2023 · €20,765
Ratios withheld: a balance sheet total of €898 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.5% went bankrupt
8.0% stopped otherwise
85% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,940 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€15,558€898▼
Current assets29/58€15,558€898▼
Amounts receivable within one year40/41€4,555€173▼
Trade receivables40€4,555-
Other amounts receivable41-€173
Current investments50/53€117€671▲
Cash at bank and in hand54/58€10,886€55▼
Equity and liabilities
Total equity and liabilities10/49€15,558€898▼
Equity10/15-€5,207-€8,110▼
Contributions10/11€6,200€6,200=
Outside capital11-€6,200
Other1109/19-€6,200
Reserves13€5,850€5,850=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€3,990€3,990=
Profit (loss) carried forward14-€17,258-€20,161▼
Amounts payable17/49€20,765€9,009▼
Amounts payable within one year42/48€20,765€9,009▼
Trade debts44€788-
Suppliers440/4€788-
Taxes, remuneration and social security45€814-
Taxes450/3€814-
Other amounts payable47/48€19,164€9,009▼
Income statement Code20232024
Turnover70-€0
Goods, raw materials, services and sundry goods60/61-€2,861
Other operating charges640/8€203-
Gross operating margin9900-€3,436-€2,861▲
Operating profit (loss)9901-€3,639-€2,861▲
Financial income75/76B€4,249€2▼
Recurring financial income75€4,249€2▼
Financial charges65/66B€94€45▼
Recurring financial charges65€94€45▼
Profit (loss) for the period before taxes9903€517-€2,903▼
Profit (loss) for the period9904€517-€2,903▼
Profit (loss) for the period to be appropriated9905€517-€2,903▼
Appropriation of the result
Profit (loss) to be appropriated9906-€17,258-€20,161▼
Profit (loss) brought forward from the previous period14P-€17,774-€17,258▲
Line20202021202220232024Change
Turnover70----€0-
Goods, raw materials, services and sundry goods60/61----€2,861-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,303€977----
Other operating charges640/8-€245€247€203--
Gross operating margin9900-€3,825-€1,413-€1,381-€3,436-€2,861▲ 16.7%
Operating profit (loss)9901-€5,370-€2,635-€1,628-€3,639-€2,861▲ 21.4%
Financial income75/76B-€1€0€4,249€2▼ 99.9%
Recurring financial income75€94€1€0€4,249€2▼ 99.9%
Financial charges65/66B-€85€87€94€45▼ 52.3%
Recurring financial charges65€81€85€87€94€45▼ 52.3%
Profit (loss) for the period before taxes9903-€5,357-€2,719-€1,715€517-€2,903▼ 662%
Profit (loss) for the period9904-€5,357-€2,719-€1,715€517-€2,903▼ 662%
Profit (loss) for the period to be appropriated9905-€5,357-€2,719-€1,715€517-€2,903▼ 662%
Line20202021202220232024Change
Assets
Total assets20/58€136,523€102,047€98,105€15,558€898▼ 94.2%
Fixed assets21/28€977-----
Tangible fixed assets22/27€977-----
Current assets29/58€135,545€102,047€98,105€15,558€898▼ 94.2%
Stocks and contracts in progress3€1,028-----
Amounts receivable within one year40/41€17,578€930€325€4,555€173▼ 96.2%
Trade receivables40-€605-€4,555--
Other amounts receivable41-€325€325-€173-
Current investments50/53€96,000€96,000€96,000€117€671▲ 473%
Cash at bank and in hand54/58€20,940€5,117€1,780€10,886€55▼ 99.5%
Equity and liabilities
Total equity and liabilities10/49€136,523€102,047€98,105€15,558€898▼ 94.2%
Equity10/15-€1,290-€4,009-€5,724-€5,207-€8,110▼ 55.8%
Contributions10/11-€6,200€6,200€6,200€6,200=
Outside capital11----€6,200-
Other1109/19----€6,200-
Reserves13€5,850€5,850€5,850€5,850€5,850=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133-€3,990€3,990€3,990€3,990=
Profit (loss) carried forward14-€13,340-€16,059-€17,774-€17,258-€20,161▼ 16.8%
Amounts payable17/49€137,813€106,056€103,829€20,765€9,009▼ 56.6%
Amounts payable within one year42/48€137,813€106,056€103,829€20,765€9,009▼ 56.6%
Trade debts44€2,308€2,356€2,608€788--
Suppliers440/4-€2,356€2,608€788--
Taxes, remuneration and social security45---€814--
Taxes450/3---€814--
Other amounts payable47/48-€103,699€101,222€19,164€9,009▼ 53.0%
Line20202021202220232024Change
Profit (loss) for the period9904-€5,357-€2,719-€1,715€517-€2,903▼ 662%
+ Depreciation and write-downs630€1,303€977----
Operating cash flow (approximation)-€4,053-€1,741-€1,715€517-€2,903▼ 662%
Change in cash--€15,823-€3,337€9,106-€10,831▼ 219%

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

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Timeline · acts, filings and financial milestones

2025
18-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 18 days late
2024
18-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €517
Net result €517 after 4 loss-making years.
29-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
20-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
07-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 38 days late
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet -€7,984
Net result drops to -€7,984, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.

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Directors · office · real estate

Directors
2 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, Verviers
approximate (street level) On OpenStreetMap
Ground area
607 m²
Parcel 63036A0121/00F003, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63036A0121/00F003 Wallonia 607 m² - -
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded07-01-2014
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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