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ALTMANNER

Active
Private limited companyfounded 20233 yrs activeGwijde Van Dampierrestraat 3, 8820 Torhout, BelgiumKBO/BCE: BE 0804.266.689
Summary

The computed 12-month bankruptcy probability of ALTMANNER is 3.0% (moderate). The 2024 annual accounts show negative equity (-€11,137) and a net result of -€16,137. Its solvency ranks better than 19% of 15869 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability10
Solvency20
Growth-
Track record79
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.95; short-term debt: 104.7% and cash: 4.8% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
-4.7%
Return on assets
-6.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-10-2025, 82 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 · 1 filing
Deviation from the deadline
2024
82 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 82 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
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ALTMANNER was incorporated on 25 July 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€11,137
Total assets
€235,668
Net result
-€16,137
Working capital
-€11,137

Turnover and EBIT margin not published: the micro schema does not require them.

Key figures and ratios
2024 value
EBITDA
-€10,808
Cash flow
-€15,211
Solvency
-4.7%
Current ratio
0.95
Quick ratio
0.05
Debt to equity
-22.16
ROA
-6.8%
Interest coverage
-2.45
Debt
€246,805
Debt ≤ 1 year
€246,805

Peer companies

Historical observation

Of the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.6% went bankrupt
3.6% stopped otherwise
91% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,555 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 29 lines
Balance sheet Code2024
Assets
Total assets20/58€235,668
Current assets29/58€235,668
Stocks and contracts in progress3€222,346
Stocks30/36€222,346
Amounts receivable within one year40/41€1,043
Trade receivables40€1,043
Cash at bank and in hand54/58€11,356
Deferred charges and accrued income490/1€924
Equity and liabilities
Total equity and liabilities10/49€235,668
Equity10/15-€11,137
Contributions10/11€5,000
Profit (loss) carried forward14-€16,137
Amounts payable17/49€246,805
Amounts payable within one year42/48€246,805
Trade debts44€837
Suppliers440/4€837
Taxes, remuneration and social security45€7,095
Taxes450/3€7,095
Other amounts payable47/48€238,873
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€926
Other operating charges640/8€772
Gross operating margin9900-€10,037
Operating profit (loss)9901-€11,734
Financial charges65/66B€4,403
Recurring financial charges65€4,403
Profit (loss) for the period before taxes9903-€16,137
Profit (loss) for the period9904-€16,137
Profit (loss) for the period to be appropriated9905-€16,137
Appropriation of the result
Profit (loss) to be appropriated9906-€16,137

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€926
Other operating charges640/8€772
Gross operating margin9900-€10,037
Operating profit (loss)9901-€11,734
Financial charges65/66B€4,403
Recurring financial charges65€4,403
Profit (loss) for the period before taxes9903-€16,137
Profit (loss) for the period9904-€16,137
Profit (loss) for the period to be appropriated9905-€16,137
Line2024
Assets
Total assets20/58€235,668
Current assets29/58€235,668
Stocks and contracts in progress3€222,346
Stocks30/36€222,346
Amounts receivable within one year40/41€1,043
Trade receivables40€1,043
Cash at bank and in hand54/58€11,356
Deferred charges and accrued income490/1€924
Equity and liabilities
Total equity and liabilities10/49€235,668
Equity10/15-€11,137
Contributions10/11€5,000
Profit (loss) carried forward14-€16,137
Amounts payable17/49€246,805
Amounts payable within one year42/48€246,805
Trade debts44€837
Suppliers440/4€837
Taxes, remuneration and social security45€7,095
Taxes450/3€7,095
Other amounts payable47/48€238,873
Line2024
Profit (loss) for the period9904-€16,137
+ Depreciation and write-downs630€926
Operating cash flow (approximation)-€15,211

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
21-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 82 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Torhout · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
111 m²
Building footprint
70 m²
Volume, LiDAR
394 m³
Parcel 31033A0917/00A004, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
ALTMANNER
Gwijde Van Dampierrestraat 3, 8820 TorhoutWholesale trade
since 20232.347.578.063
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31033A0917/00A004 Flanders 111 m² 1 · 70 m² 9.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,120 companies in sector 46500 we hold annual accounts for 1,408. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804266689
Also 9925:BE0804266689
Registered 13-02-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.