ALTITUDO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €922k and a net result of €49k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 50% of 5521 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 19-07-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 d early
2024
8 d early
2023
7 d early
2022
20 d early
2021
11 d early
2020
8 d early
2019
6 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€922k▲ 5.6%
2024 · €873k
2018: €579k
2019: €582k
2020: €611k
2021: €667k
2022: €717k
2023: €789k
2024: €873k
2018 → 2025
Net result
€49k▼ 41.4%
2024 · €83k
2018: €20k
2019: €3k
2020: €29k
2021: €56k
2022: €50k
2023: €72k
2024: €83k
2018 → 2025
Total assets
€1.78M▼ 10.6%
2024 · €1.99M
2018: €689k
2019: €617k
2020: €2.14M
2021: €2.10M
2022: €2.06M
2023: €2.01M
2024: €1.99M
2018 → 2025
Solvency
51.7%▲ 7.9pp
2024 · 43.8%
2018: 84.1%
2019: 94.3%
2020: 28.5%
2021: 31.8%
2022: 34.9%
2023: 39.2%
2024: 43.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€667k-€717k▲ 7.5%€789k▲ 10.1%€873k▲ 10.6%€922k▲ 5.6%
Operating result€66k-€81k▲ 22.9%€104k▲ 27.7%€113k▲ 9.3%€90k▼ 20.8%
Net result€56k-€50k▼ 11.6%€72k▲ 44.7%€83k▲ 15.5%€49k▼ 41.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.78M
Fixed assets
€1.56M▼ 6.4%
Current assets
€226k▼ 31.7%
Equity and liabilities €1.78M
Equity
€922k▲ 5.6%
Debt
€860k▼ 23.2%
The debt ratio falls from 56.2% to 48.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
51.7%▲
2024 · 43.8%
ROE
5.3%▼
2024 · 9.6%
ROA
2.7%▼
2024 · 4.2%
Debt
€860k▼
2024 · €1.12M
Debt ≤ 1 year
€79k▼
2024 · €87k
Debt > 1 year
€770k▼
2024 · €1.03M
Income taxes
€21k▼
2024 · €23k
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€1.99M€1.78M▼
Fixed assets21/28€1.66M€1.56M▼
Tangible fixed assets22/27€1.66M€1.56M▼
Land and buildings22€1.63M€1.53M▼
Plant, machinery and equipment23€28k€22k▼
Current assets29/58€331k€226k▼
Stocks and contracts in progress3€36k€18k▼
Stocks30/36€36k€18k▼
Amounts receivable within one year40/41€156k€184k▲
Trade receivables40€19k€27k▲
Other amounts receivable41€137k€157k▲
Current investments50/53€86k€0▼
Cash at bank and in hand54/58€51k€23k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.99M€1.78M▼
Equity10/15€873k€922k▲
Contributions10/11€80k€80k=
Reserves13€792k€841k▲
Tax-exempt reserves132€103k€91k▼
Distributable reserves133€689k€751k▲
Amounts payable17/49€1.12M€860k▼
Amounts payable after more than one year17€1.03M€770k▼
Financial debts170/4€1.03M€770k▼
Amounts payable within one year42/48€87k€79k▼
Current portion of amounts payable after more than one year42€86k€79k▼
Trade debts44€1k€657▼
Suppliers440/4€1k€657▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Accrued charges and deferred income492/3-€10k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€106k▼
Other operating charges640/8€16k€17k▲
Gross operating margin9900€236k€213k▼
Operating profit (loss)9901€113k€90k▼
Financial income75/76B€4k€8k▲
Recurring financial income75€4k€8k▲
Financial charges65/66B€11k€28k▲
Recurring financial charges65€11k€28k▲
Profit (loss) for the period before taxes9903€107k€70k▼
Income taxes67/77€23k€21k▼
Profit (loss) for the period9904€83k€49k▼
Transfer from tax-exempt reserves789-€34k
Transfer to tax-exempt reserves689€42k€21k▼
Profit (loss) for the period to be appropriated9905€41k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€62k▲
Transfer to equity691/2€41k€62k▲
To other reserves6921€41k€62k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 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
19-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €83k ▲15.5%
Operating result €113k, net result €83k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €3k ▼87%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Beernem · 1 establishment unit since 2005
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.
Industriepark Noord 128730 BeernemGround area
5,395 m²
Building footprint
3,608 m²
Volume, LiDAR
24,797 m³
Parcel 31003D0058/00V002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALTITUDO
since 20052.145.085.318
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003D0058/00V002 | Flanders | 5,395 m² | 1 · 3,608 m² | 9.7 m · 2 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 24,728 companies in sector 64210 we hold annual accounts for 19,760. 12,882 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2005
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:051/315269