Liquidity
1.54 was 2.21 in 2024
Short-term debts rose from €3,048 to €3,305.
ALTINERA
Lifetime
8 annual accounts with figures on one time axispeak €5,940 (2021)
-€1,399▼ €3,219
lowest -€5,596 (2018)
-€1,894▼ €2,864
peak €3,686 (2024)
€1,792▼ 51.4%
€3,305▲ 8.4%
Board1 name since 2018
1 directorDe Vlaminck Michel
Documentsfilings and deeds
01-06-202660 days before the deadline
2025micro format
Gross margin from €1,820 to -€1,399Loss of €1,894Equity from €3,686 to €1,792
Key points
from the 2025 annual accountsFilings
8 annual accounts since 2018
The last five annual accounts were filed 58 to 62 days before the end of the period.
Position in the sector
€1,792
Less equity than 80% of companies in education. Sector median €32,704 · 2,617 companies.
Turnover not published (micro format)
Checked score
54
Fair
Financially stronger than 29% of micro companies in education (NACE 85)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,826 companies (NACE 85, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.1%● unchanged vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €1,894 (financial year 2025)
lowers risk
Sector: Education (NACE 85)
Size: total assets €5,097
Liquidity: current ratio 1.54, cash €4,597
Calculation
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 85, micro). It does better than 41% of them on solvency, 55% on liquidity, 6% on profitability and 13% 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 31-12-2025.
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).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as ALTINERA has now. Each dot stands for 9 companies, two years later.
87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ALTINERA itself is lower: 0.1% within 12 months. It rests on far more data about ALTINERA than the profile alone.
Test of the method
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 3,591 companies, not a prediction for ALTINERA. 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 1.54 (2.21 in 2024), above the usual 1.5. Short-term debt is 64.8% and cash 90.2% of total assets. However, 64.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 01-06-2026, 60 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
60 days early
2024
58 days early
2023
61 days early
2022
62 days early
2021
62 days early
2020
61 days early
2019
63 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 61 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0687838678
Incorporation
published on 15-01-2018 · Gazette deed
First establishment
Avenue de Cîteaux 10, Ottignies-Louvain-la-Neuve
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALTINERA Ottignies-Louvain-la-Neuve | - | - | 35.2% | - |
| GLOWON Antwerp | - | - | 4.4% | - |
| PASSEUR D'EN VIE Modave | - | - | 28.3% | - |
| EKHO Sport Uccle | €1,500 | - | -734.4% | - |
| MD SportPhysio & Performance Company Malmedy | - | - | 88.0% | - |
| IMPAKT SOLUTIONS Auderghem | €2,047 | - | -1546.1% | - |
| Ande Kortrijk | €23,101 | -32.5% | -1036.2% | - |
These companies have the same main activity as ALTINERA: sports and recreation education (NACE 85510). They are comparable in size and age: total assets between €3,520 and €8,280, founded between 2017 and 2021.
Official details
Source: KBO- Status
- Active since 11-01-2018Normal situation
- Activity
- Sports and recreation educationNACE 85510and 2 others
- Establishment unit
- 2.271.997.4451348 Ottignies-Louvain-la-Neuve, since 11-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Annual accounts 2025
- €5,097▼ 24.3%
- Filing
- Filed on 01-06-2026, 60 days before the end of the filing period
Insights on ALTINERA
ALTINERA files the micro format. That format states no turnover. The gross margin rose from -€2,717 in 2018 to -€1,399 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 ALTINERA
- What is the company number of ALTINERA?
- The company number of ALTINERA is 0687.838.678. The VAT number is the same number with BE in front: BE 0687.838.678.
- Where is ALTINERA based?
- The registered office is at Avenue de Cîteaux 10, 1348 Ottignies-Louvain-la-Neuve.Company details
- What does ALTINERA do?
- According to the KBO register, the main activity is sports and recreation education (NACE 85510).
- What is the legal form of ALTINERA?
- ALTINERA is a private limited company (pre-2019) (BVBA).
- When was ALTINERA founded?
- ALTINERA was founded on 11-01-2018.
- Is ALTINERA still active?
- Yes, ALTINERA is an active enterprise in the KBO register.
- What is the turnover of ALTINERA?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is ALTINERA profitable?
- In financial year 2025, ALTINERA made a loss of €1,894.
- Where can I find the annual accounts of ALTINERA?
- ALTINERA filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALTINERA due?
- ALTINERA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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