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ALTITUDE 110

Active
Private limited companyfounded 199927 years activeChemin de Bomal(Jod.) 18, 1370 Jodoigne, BelgiumKBO/BCE: BE 0465.886.149
Summary

ALTITUDE 110 has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €905,493 and a net result of -€20,632. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 92% of 1,780 sector peers (NACE 77, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Renting and leasing of other personal and household goods
NACE 77229
#7 company by equity in Jodoigne, Administrative and support services sector1 site
Size
€1.0mtotal assets 2025
Equity
€905,493
Loss
-€20,632
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts filed 10 days late1 of 5 deeds read
Why 97- Latest accounts 10 days late; 2 of the last 3 late+ Liquidity: current ratio 120.55, cash €556,438+ Equity €905,493 (88.9% of total assets)+ Founded in 1999Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 78% of its sector peers (NACE 77, micro)
Financial strength · tick = 2025
Strong
Solvency 100=
equity 88.9% of total assets
Liquidity 100=
short-term debt 0.5% · cash 54.6%
Profitability 66=
return on assets -2.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,158 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.4%▲ +0.1 percentage points vs 11-2024 01-2025: 0.9%▲ +0.5 percentage points vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.8%▼ -0.1 percentage points vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 1.8%▲ +1.0 percentage point vs 07-2025highest value 09-2025: 1.8%● unchanged vs 08-2025highest value 10-2025: 1.8%● unchanged vs 09-2025highest value 11-2025: 1.8%● unchanged vs 10-2025highest value 12-2025: 1.8%● unchanged vs 11-2025highest value 01-2026: 1.8%● unchanged vs 12-2025highest value 02-2026: 1.8%● unchanged vs 01-2026highest value 03-2026: 1.8%● unchanged vs 02-2026highest value 04-2026: 1.1%▼ -0.7 percentage points vs 03-2026 05-2026: 1.0%▼ -0.1 percentage points vs 04-2026 06-2026: 0.1%▼ -0.9 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit up to €85,000 at 30 days acceptable
short-term debt: 0.5% and cash: 54.6% of total assets, and 11.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 77, micro): better than 91% on solvency, 98% on liquidity and 44% on profitability.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 10 days late; 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 120.55, cash €556,438
NBB · annual accounts
lowers risk · Equity €905,493 (88.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 1999
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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 · 10 filings
Deviation from the deadline
2025
10 days late
2025
104 days late
2024
424 days late
2022
3 days early
2021
29 days late
2020
9 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 79 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: 8 loss-making years in a rowloss fiscal year 2025 -€20,632 View
  • Caution: Among the weakest 13% on net resultsector median €5,510 · 1,781 companies -€20,632 View
  • Active since 1999founded 16-04-1999 27 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.0m
Loss
-€20,632
Solvency
88.9%
Total assets▼ 2.8%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
  1. 09-01-2026Statutes amendment
  2. 31-12-2025Liquidity doubles
  3. 30-06-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and leasing of other personal and household…NACE 77229
Founded
16-04-1999
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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