Equity
€2.2m ▲ 10.3%
ALTIM has made a profit in every financial year since 2014.
ALTIM
Lifetime
12 annual accounts with figures on one time axispeak €678,299 (2024)
€517,209▼ 23.7%
peak €351,083 (2024)
€208,932▼ 40.5%
peak €2.2m (2025)
€2.2m▲ 10.3%
€406,544▲ 6.7%
peak 6.4 FTE (2020)
-not published
Board2 names since 2018
1 director
Documentsfilings and deeds
23-04-20267 days before the deadline
2025abbreviated format
Gross margin from €678,299 to €517,209Result from €351,083 to €208,932Cash from €451,002 to €859,853
Key points
from the 2025 annual accountsResult
€208,932 ▼ 40.5%
The result fell in 2025 from €351,083 to €208,932.
Turnover
≈ €1.1m estimated
The abbreviated format states no turnover.
Staff
5 employees on 30-09-2025
In 2025, 2 people joined and 2 left.
Filings
12 annual accounts since 2014
The last five annual accounts were filed 7 to 32 days before the end of the period.
Position in the sector
€2.2m
More equity than 91% of companies in construction of buildings. Sector median €297,028 · 2,642 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,691 companies had the same profile as ALTIM has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
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.
| 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 34,691 companies, not a prediction for ALTIM. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Kortrijk
Environmental permit granted
Bouwen of herbouwen · Harelbeke
Change of role: , from manager to director
Director discharge: (manager (not named in the articles)) · General meeting of 20-08-2021 · Gazette deed
Environmental permit granted
Bouwen of herbouwen · Oudenaarde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALTIM Kruisem | €2.6m | €517,209 | 84.6% | - |
| D & G SUNCONTROL Genk | €2.6m | €534,051 | 12.1% | - |
| MODUHOME Tournai | €3.1m | €467,896 | 67.9% | 3.3 |
| ARTE VISTA Ostend | €3.3m | €562,507 | 26.2% | - |
| PLACIDO CONSTRUCT Asse | €2.6m | €684,282 | 30.9% | 4.3 |
| Dacé-Bouw Sint-Laureins | €2.7m | €611,594 | 24.7% | 4 |
| Cellna Erpe-Mere | €1.9m | €490,469 | 86.4% | - |
These companies have the same main activity as ALTIM: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.9m and €3.3m, founded between 2010 and 2014.
Official details
Source: KBO- Status
- Active since 16-07-2013Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Establishment unit
- 2.221.249.0259770 Kruisem, since 24-07-2013
- Financial year end
- 30 September
- Peppol
- Reachable
Annual accounts to 30-09-2025
- €2.6m▲ 9.8%
- Employeeson 30-09-2025
- 5=
- Filing
- Filed on 23-04-2026, 7 days before the end of the filing period
Insights on ALTIM
ALTIM files the abbreviated format. That format states no turnover. The gross margin rose from €452,982 in 2014 to €517,209 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ALTIM
- What is the company number of ALTIM?
- The company number of ALTIM is 0536.904.502. The VAT number is the same number with BE in front: BE 0536.904.502.
- Where is ALTIM based?
- The registered office is at Kazerneweg 37, 9770 Kruisem.Company details
- What does ALTIM do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of ALTIM?
- ALTIM is a private limited company (BV).
- When was ALTIM founded?
- ALTIM was founded on 16-07-2013.
- Is ALTIM still active?
- Yes, ALTIM is an active enterprise in the KBO register.
- How many employees does ALTIM have?
- ALTIM had an average of 4.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ALTIM?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €517,209 and 30 comparable companies (NACE 41001). It probably lies between €890,000 and €1.6m.
- Is ALTIM profitable?
- In financial year 2025, ALTIM made a profit of €208,932.
- Where can I find the annual accounts of ALTIM?
- ALTIM filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALTIM due?
- ALTIM must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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