Equity
ALTIM HOUTPROJECTEN has made a profit in every financial year since 2018.
ALTIM HOUTPROJECTEN has made a profit in every financial year since 2018.
Debts rose by €599,048 in 2026.
Green is investment, beige is depreciation. Land and buildings stand 22.0% higher than in 2025.
Short-term debts rose from €121,625 to €747,597.
Board changed. Latest change 02-02-2026 · 1 in office.
More equity than 95% of companies in specialised construction. Sector median €73,399 · 1,068 companies.
The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 40% of them on solvency, 20% on liquidity, 47% on profitability and 60% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 10,904 companies had the same profile as ALTIM HOUTPROJECTEN has now. Each dot stands for 28 companies, two years later.
That fits the bankruptcy probability of ALTIM HOUTPROJECTEN itself: 0.4% within 12 months.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 10,904 companies, not a prediction for ALTIM HOUTPROJECTEN. 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.
Liquidity is insufficient, with a current ratio of 0.42 (3.69 in 2025), below 1. Short-term debt is 46.9% and cash 3.6% of total assets. 62.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ALTIM HOUTPROJECTEN Deinze | €1.6m | €172,583 | 37.9% | - |
| U-dak Waasmunster | €1.2m | €196,568 | 32.2% | - |
| DAKWERKEN KRISTOF DEVREESE Aalter | €1.2m | €227,076 | 95.2% | - |
| LDP IMMO CONCEPT La Louvière | €1.4m | €203,420 | 11.3% | - |
| WM-BUILDING Peer | €1.6m | €211,899 | 73.2% | - |
| TSP INVEST Heusden-Zolder | €1.2m | €216,177 | 33.0% | - |
| DEBOUVRY & ROGGHÉ Merelbeke-Melle | €2.0m | €219,411 | 21.8% | - |
These companies have the same main activity as ALTIM HOUTPROJECTEN: roofing work (NACE 43410). They are comparable in size and age: total assets between €1.2m and €2m, founded between 2012 and 2017.
ALTIM HOUTPROJECTEN files the micro format. That format states no turnover. The gross margin rose from €84,002 in 2018 to €172,583 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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