ALTIPLUS
ActiveSummary
ALTIPLUS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21k and a net result of €-10k. Equity is shrinking by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 94% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 18.02 against 5.64 in 2023; short-term debt: 5.3% and cash: 0.5% of total assets), and 5.3% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
94.7%
Return on assets
-43.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2021222324
2020 to 2024 · latest year €-10k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
223 d late
2022
132 d late
2021
152 d late
2020
23 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€21k▼ 31.6%
2023 · €31k
2020: €5k
2021: €41k
2022: €42k
2023: €31k
2020 → 2024
Total assets
€22k▼ 39.9%
2023 · €37k
2020: €10k
2021: €70k
2022: €60k
2023: €37k
2020 → 2024
Net result
€-10k▲ 15.2%
2023 · €-11k
2020: €-1k
2021: €36k
2022: €687
2023: €-11k
2020 → 2024
Working capital
€20k▼ 30.0%
2023 · €29k
2020: €2k
2021: €38k
2022: €39k
2023: €29k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€5k-€41k▲ 702%€42k▲ 1.7%€31k▼ 27.2%€21k▼ 31.6%
Operating result€122-€47k▲ 38,829%€-667€-11k▼ 1,554%€-10k▲ 13.8%
Net result€-1k-€36k€687▼ 98.1%€-11k€-10k▲ 15.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2024 against €11k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22k
Fixed assets
€794 ▼ 55.9%
Current assets
€21k ▼ 39.0%
Equity and liabilities €22k
Equity
€21k ▼ 31.6%
Debt
€1k ▼ 80.9%
Debt's share of the balance-sheet total falls from 16.8% to 5.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-8k▲
2023 · €-9k
Cash flow
€-9k▲
2023 · €-10k
Current ratio
18.02▲
2023 · 5.64
Debt to equity
0.06▼
2023 · 0.20
ROE
-46.3%▼
2023 · -37.3%
ROA
-43.8%▼
2023 · -31.0%
Interest coverage
-77.14▲
2023 · -90.98
Debt ≤ 1 year
€1k▼
2023 · €6k
Income taxes
€83▼
2023 · €262
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€37k€22k▼
Formation expenses20€60-
Fixed assets21/28€2k€794▼
Tangible fixed assets22/27€2k€794▼
Furniture and vehicles24€2k€794▼
Current assets29/58€35k€21k▼
Amounts receivable within one year40/41€35k€21k▼
Trade receivables40€2k-
Other amounts receivable41€33k€21k▼
Cash at bank and in hand54/58€49€121▲
Equity and liabilities
Total equity and liabilities10/49€37k€22k▼
Equity10/15€31k€21k▼
Contributions10/11€6k€6k=
Reserves13€24k€15k▼
Distributable reserves133€24k€15k▼
Amounts payable17/49€6k€1k▼
Amounts payable within one year42/48€6k€1k▼
Trade debts44€567€810▲
Suppliers440/4€567€810▲
Taxes, remuneration and social security45€6k€374▼
Taxes450/3€6k€374▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€960€820▼
Gross operating margin9900€-8k€-8k▲
Operating profit (loss)9901€-11k€-10k▲
Financial charges65/66B€154€109▼
Recurring financial charges65€104€109▲
Non-recurring financial charges66B€50-
Profit (loss) for the period before taxes9903€-11k€-10k▲
Income taxes67/77€262€83▼
Profit (loss) for the period9904€-11k€-10k▲
Profit (loss) for the period to be appropriated9905€-11k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-10k▲
Transfer from equity791/2€11k€10k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 223 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 18.02
Current ratio from 5.64 to 18.02; short-term debt falls from €6k to €1k.
2023
31-12
Financial
Weakest financial yearnet €-11k ▼1766%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
10-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 132 days late
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tournai · 2 establishment units since 2019
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.
Rue du Chambge(TOU) 187500 TournaiGround area
665 m²
Building footprint
239 m²
Volume, LiDAR
1,875 m³
2 parcels, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Rue du Chambge(TOU) 18, 7500 Tournai
since 20192.288.516.941
Le Monde de Lola
since 20252.379.560.547
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57081F0234/00F000 ProtectedMonument |
Wallonia | 382 m² | 1 · 140 m² | 14.7 m · 4 fl. |
| 57081H0664/00_000 | Wallonia | 283 m² | 1 · 100 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteTournai2.379.560.547
Similar companies · same sector, comparable size
Compliance Consulting Company
BE 0538.671.088
Brussel · Eq €20,946
Tenora
BE 1026.122.616
Wavre · Eq €20,945
StineHRConsult
BE 0674.396.161
Wetteren · Eq €20,951
JD CONSULT-MANAGEMENT
BE 0803.382.308
Dour · Eq €20,942
P.S. COMPANY
BE 0677.611.415
Jodoigne · Eq €20,942
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 31,040 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.