ALTIUS IMMO
ActiveALTIUS IMMO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €371k and a net result of €140k. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 63% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-3
Solvency72▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 3.17 in 2024; short-term debt: 28.5% and cash: 44.3% of total assets), but 53% 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 · 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47%
Return on assets
17.8%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 d early
2024
6 d early
2023
3 d early
2022
6 d early
2021
15 d late
2020
18 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€371k▲ 5.2%
2024 · €352k
2020: €35k
2021: €80k
2022: €287k
2023: €237k
2024: €352k
2020 → 2025
Total assets
€789k▲ 6.8%
2024 · €739k
2020: €43k
2021: €142k
2022: €645k
2023: €833k
2024: €739k
2020 → 2025
Net result
€140k▼ 6.9%
2024 · €151k
2020: €10k
2021: €46k
2022: €207k
2023: €-34k
2024: €151k
2020 → 2025
Working capital
€200k▼ 20.9%
2024 · €253k
2020: €7k
2021: €54k
2022: €315k
2023: €539k
2024: €253k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€287k▲ 257%€237k▼ 17.5%€352k▲ 48.7%€371k▲ 5.2%
Operating result€59k-€274k▲ 363%€-19k€224k€200k▼ 10.7%
Net result€46k-€207k▲ 353%€-34k€151k€140k▼ 6.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €789k
Fixed assets
€364k▼ 1.3%
Current assets
€425k▲ 15.0%
Equity and liabilities €789k
Equity
€371k▲ 5.2%
Debt
€419k▲ 8.3%
The debt ratio rises from 52.3% to 53.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€216k▼
2024 · €237k
Cash flow
€156k▼
2024 · €163k
Solvency
47.0%▼
2024 · 47.7%
Current ratio
1.89▼
2024 · 3.17
Quick ratio
1.65▼
2024 · 2.13
Debt / equity
1.13▲
2024 · 1.10
ROE
37.9%▼
2024 · 42.8%
ROA
17.8%▼
2024 · 20.4%
Interest coverage
35.99▲
2024 · 9.54
Debt
€419k▲
2024 · €387k
Debt ≤ 1 year
€225k▲
2024 · €116k
Debt > 1 year
€194k▼
2024 · €270k
Income taxes
€54k▲
2024 · €48k
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€739k€789k▲
Fixed assets21/28€369k€364k▼
Tangible fixed assets22/27€368k€363k▼
Land and buildings22€347k€336k▼
Plant, machinery and equipment23€21k€18k▼
Furniture and vehicles24€873€9k▲
Financial fixed assets28€1k€1k=
Current assets29/58€370k€425k▲
Amounts receivable after more than one year29-€18k
Trade receivables290-€18k
Stocks and contracts in progress3€121k€55k▼
Stocks30/36€121k€55k▼
Amounts receivable within one year40/41€15k€358▼
Other amounts receivable41€15k€358▼
Cash at bank and in hand54/58€233k€350k▲
Deferred charges and accrued income490/1€68€1k▲
Equity and liabilities
Total equity and liabilities10/49€739k€789k▲
Equity10/15€352k€371k▲
Contributions10/11€25k€25k=
Reserves13€327k€346k▲
Distributable reserves133€327k€346k▲
Amounts payable17/49€387k€419k▲
Amounts payable after more than one year17€270k€194k▼
Financial debts170/4€270k€194k▼
Other amounts payable178/9€150-
Amounts payable within one year42/48€116k€225k▲
Current portion of amounts payable after more than one year42€22k€23k▲
Financial debts43€598€210▼
Credit institutions430/8€598€210▼
Trade debts44€5k-
Suppliers440/4€5k-
Taxes, remuneration and social security45€57k€126k▲
Taxes450/3€56k€124k▲
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€32k€76k▲
Accrued charges and deferred income492/3€140€70▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€16k▲
Other operating charges640/8€35k-
Gross operating margin9900€271k€216k▼
Operating profit (loss)9901€224k€200k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Non-recurring financial income76B€0-
Financial charges65/66B€25k€6k▼
Recurring financial charges65€25k€6k▼
Profit (loss) for the period before taxes9903€199k€194k▼
Income taxes67/77€48k€54k▲
Profit (loss) for the period9904€151k€140k▼
Profit (loss) for the period to be appropriated9905€151k€140k▼
Appropriation of the result
Profit (loss) to be appropriated9906€151k€140k▼
Transfer to equity691/2€115k€18k▼
To other reserves6921€115k€18k▼
Profit to be distributed694/7€35k€122k▲
Return on contributions (dividend)694€35k€122k▲
The notes to these accounts (7 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €151k
Net result €151k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-34k ▼116%
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 5.81
Current ratio from 2.76 to 5.81; short-term debt falls from €179k to €112k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €207k ▲353%
Operating result €274k, net result €207k, both a record.
31-12
Financial
Equity above €200kEq €287k ▲257%
3 profitable years in a row build equity to €287k.
15-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Manage · 1 establishment unit since 2020
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 des Bois 517170 ManageGround area
1,315 m²
Building footprint
64 m²
Volume, LiDAR
447 m³
Parcel 52006A0448/00V000, Wallonia · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Bois 51, 7170 Manage
since 20202.301.197.514
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52006A0448/00V000 | Wallonia | 1,315 m² | 1 · 64 m² | 10.2 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.
Similar companies · same sector, comparable size
SOM DESIGN
BE 0456.553.363
Diepenbeek · Eq €371k
M & BATIR
BE 0889.853.155
Chapelle-lez-Herlaimont · Eq €371k
EUROCONSTRUCT INT.
BE 0448.812.763
Lede · Eq €371k
IMMOBILIERE L'ECUREUIL
BE 0550.468.565
Lierneux · Eq €371k
CONCRETE CONSULTING
BE 0477.893.759
Kruisem · Eq €370k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,004 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-03-2020
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.