ALTIN
ActiveThe computed 12-month bankruptcy probability of ALTIN is 2.0% (moderate). The 2025 annual accounts show equity of €100k and a net result of €-4k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 81% of 13270 sector peers (fiscal year 2025). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▲+5
Solvency92▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.72 against 4.35 in 2024; short-term debt: 32.7% and cash: 59.8% of total assets), and 32.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-4k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
27 d late
2023
26 d late
2022
28 d late
2021
122 d late
2020
88 d late
2019
126 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-4k▲ 55.9%
2024 · €-9k
2018: €8k
2019: €11k
2020: €4k
2021: €-51k
2022: €68k
2023: €-6k
2024: €-9k
2018 → 2025
Working capital
€84k▲ 11.5%
2024 · €75k
2018: €41k
2019: €118k
2020: €65k
2021: €1k
2022: €88k
2023: €81k
2024: €75k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€120k▲ 131%€114k▼ 5.2%€104k▼ 8.1%€100k▼ 3.9%
Operating result€-46k-€86k€1k▼ 98.4%€-2k€6k
Net result€-51k-€68k€-6k€-9k▼ 47.6%€-4k▲ 55.9%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€17k▼ 43.2%
Current assets
€132k▲ 35.9%
Equity and liabilities €149k
Equity
€100k▼ 3.9%
Debt
€49k▲ 118%
The debt ratio rises from 17.7% to 32.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€19k▲
2024 · €13k
Cash flow
€9k▲
2024 · €7k
Solvency
67.3%▼
2024 · 82.3%
Current ratio
2.72▼
2024 · 4.35
Quick ratio
2.72▼
2024 · 4.33
Debt / equity
0.49▲
2024 · 0.21
ROE
-4.1%▲
2024 · -8.8%
ROA
-2.7%▲
2024 · -7.3%
Interest coverage
1.77▼
2024 · 1.82
Debt
€49k▲
2024 · €22k
Debt ≤ 1 year
€49k▲
2024 · €22k
Income taxes
€360▼
2024 · €438
Staff costs
€72k▼
2024 · €75k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€127k€149k▲
Fixed assets21/28€29k€17k▼
Tangible fixed assets22/27€29k€17k▼
Furniture and vehicles24€10k€7k▼
Other tangible fixed assets26€19k€10k▼
Current assets29/58€97k€132k▲
Stocks and contracts in progress3€448-
Stocks30/36€448-
Amounts receivable within one year40/41€38k€42k▲
Other amounts receivable41€38k€42k▲
Cash at bank and in hand54/58€53k€89k▲
Deferred charges and accrued income490/1€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€127k€149k▲
Equity10/15€104k€100k▼
Contributions10/11€20k€20k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€22k€18k▼
Investment grants15€56k€56k=
Amounts payable17/49€22k€49k▲
Amounts payable within one year42/48€22k€49k▲
Trade debts44€13k€5k▼
Suppliers440/4€13k€5k▼
Advances received on contracts in progress46-€25k
Taxes, remuneration and social security45€6k€10k▲
Taxes450/3€432€351▼
Remuneration and social security454/9€6k€9k▲
Other amounts payable47/48€3k€9k▲
Income statement
Code20242025
Remuneration, social security and pensions62€75k€72k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€13k▼
Other operating charges640/8€779-
Gross operating margin9900€89k€91k▲
Operating profit (loss)9901€-2k€6k▲
Financial income75/76B€999€902▼
Recurring financial income75€999€902▼
Financial charges65/66B€7k€10k▲
Recurring financial charges65€7k€10k▲
Profit (loss) for the period before taxes9903€-9k€-4k▲
Income taxes67/77€438€360▼
Profit (loss) for the period9904€-9k€-4k▲
Profit (loss) for the period to be appropriated9905€-9k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€18k▼
Profit (loss) brought forward from the previous period14P€31k€22k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 6.89
Current ratio from 2.15 to 6.89; short-term debt falls from €76k to €14k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Back to profitnet €68k
Net result €68k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.15
Current ratio from 1.01 to 2.15; short-term debt falls from €114k to €76k.
31-12
Financial
Equity above €100kEq €120k ▲131%
Equity rises from €52k to €120k.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
31-12
Financial
Weakest financial yearnet €-51k ▼1542%
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
31-12
Financial
Equity above €100kEq €103k ▲3.6%
3 profitable years in a row build equity to €103k.
04-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 126 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2017
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-06-2017
Volkan Altintas: Resigned as Manager
31-07-2015
Domenikov Valeri Slavev: Resigned as Managing director
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1985
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Londenplein 61050 ElseneGround area
258 m²
Building footprint
115 m²
Volume, LiDAR
1,572 m³
Parcel 21442A0009/00C008, Brussels · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
SRL ALTIN
since 19852.027.734.520
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21442A0009/00C008 | Brussels | 258 m² | 1 · 115 m² | 18.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,563 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-08-1985
Fiscal year end31-12
Activities, NACEBEL
55302
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:altintasmanagement@gmail.com