ALTNOVA
ActiveALTNOVA has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €327k and a net result of €13k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 1025 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
86
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▼-29
Solvency96▲+3
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.15 against 2.04 in 2024), and 47.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
52.3%
Return on assets
2.1%
Age of the figures
8 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 27-06-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
42 d early
2023
33 d early
2022
18 d early
2021
22 d early
2020
on the day
2019
21 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€861k
EBIT margin
1.6%
Net result
€13k▼ 57.6%
2024 · €31k
2018: €24k
2019: €21k
2020: €3k
2021: €40k
2022: €136k
2023: €81k
2024: €31k
2018 → 2025
Working capital
€261k▲ 9.5%
2024 · €238k
2018: €80k
2019: €52k
2020: €80k
2021: €95k
2022: €204k
2023: €213k
2024: €238k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€159k-€271k▲ 69.8%€321k▲ 18.5%€314k▼ 2.0%€327k▲ 4.1%
Operating result€65k-€198k▲ 204%€128k▼ 35.2%€56k▼ 56.5%€31k▼ 44.2%
Net result€40k-€136k▲ 239%€81k▼ 40.9%€31k▼ 62.1%€13k▼ 57.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 44% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €626k
Fixed assets
€137k▼ 27.2%
Current assets
€489k▲ 4.5%
Equity and liabilities €626k
Equity
€327k▲ 4.1%
Debt
€299k▼ 12.7%
The debt ratio falls from 52.1% to 47.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€108k▼
2024 · €139k
Cash flow
€90k▼
2024 · €114k
Solvency
52.3%▲
2024 · 47.9%
Current ratio
2.15▲
2024 · 2.04
Quick ratio
2.15▲
2024 · 2.04
Debt / equity
0.91▼
2024 · 1.09
ROE
4.0%▼
2024 · 9.7%
ROA
2.1%▼
2024 · 4.7%
Interest coverage
14.52▼
2024 · 16.19
Debt
€299k▼
2024 · €342k
Debt ≤ 1 year
€228k▼
2024 · €229k
Debt > 1 year
€71k▼
2024 · €113k
Income taxes
€11k▼
2024 · €19k
Staff costs
€380k▲
2024 · €322k
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€656k€626k▼
Fixed assets21/28€189k€137k▼
Tangible fixed assets22/27€180k€126k▼
Land and buildings22€15k€11k▼
Plant, machinery and equipment23€66k€59k▼
Furniture and vehicles24€29k€6k▼
Leasing and similar rights25€70k€50k▼
Financial fixed assets28€9k€11k▲
Current assets29/58€468k€489k▲
Amounts receivable within one year40/41€175k€224k▲
Trade receivables40€162k€207k▲
Other amounts receivable41€13k€17k▲
Cash at bank and in hand54/58€293k€258k▼
Deferred charges and accrued income490/1-€7k
Equity and liabilities
Total equity and liabilities10/49€656k€626k▼
Equity10/15€314k€327k▲
Contributions10/11€19k€19k=
Reserves13€144k€157k▲
Tax-exempt reserves132€9k€9k=
Distributable reserves133€136k€148k▲
Profit (loss) carried forward14€151k€151k=
Amounts payable17/49€342k€299k▼
Amounts payable after more than one year17€113k€71k▼
Financial debts170/4€113k€71k▼
Amounts payable within one year42/48€229k€228k▼
Current portion of amounts payable after more than one year42€57k€43k▼
Trade debts44€97k€112k▲
Suppliers440/4€97k€112k▲
Taxes, remuneration and social security45€38k€73k▲
Taxes450/3€2k€38k▲
Remuneration and social security454/9€35k€35k▼
Other amounts payable47/48€37k-
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€322k€380k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€77k▼
Other operating charges640/8€709€6k▲
Gross operating margin9900€462k€494k▲
Operating profit (loss)9901€56k€31k▼
Financial income75/76B€2k€88▼
Recurring financial income75€2k€88▼
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€50k€24k▼
Income taxes67/77€19k€11k▼
Profit (loss) for the period9904€31k€13k▼
Profit (loss) for the period to be appropriated9905€31k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€182k€164k▼
Profit (loss) brought forward from the previous period14P€151k€151k=
Transfer from equity791/2€35k-
Transfer to equity691/2€29k€13k▼
To other reserves6921€29k€13k▼
Profit to be distributed694/7€37k-
Return on contributions (dividend)694€37k-
Social balance
Average headcount (FTE)90875.55.8▲
The notes to these accounts (12 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
27-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-11
Financial
Highest result since 2018net €136k ▲239%
Operating result €198k, net result €136k, both a record.
30-11
Financial
Equity above €200kEq €271k ▲69.8%
5 profitable years in a row build equity to €271k.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-11
Financial
Equity above €150kEq €159k ▲34.3%
4 profitable years in a row build equity to €159k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-11
Financial
Weakest financial yearnet €3k ▼87.9%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-11
Financial
Equity above €100kEq €116k ▲19.4%
2 profitable years in a row build equity to €116k.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
PEETERS Mark
CurrentDirector · since 13-02-2023
13-02-2023
Resigned as Director
13-02-2023
Appointed as Director
Location & real-estate footprint
Registered office, Wezembeek-Oppem · 1 establishment unit since 2004
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.
Oudergemseweg 191970 Wezembeek-OppemGround area
1,158 m²
Building footprint
179 m²
Volume, LiDAR
1,304 m³
Parcel 22006B0396/00V000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MGKH - Altnova - ideanova
since 20042.137.839.517
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22006B0396/00V000 | Flanders | 1,158 m² | 1 · 179 m² | 10.8 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,367 EUR awarded · 1,334 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 873 EUR | 840 EUR |
| 2024 | 1 | 48 EUR | 48 EUR |
| 2022 | 1 | 446 EUR | 446 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
7 categoriesALTNOVA BV32622
Similar companies · same sector, comparable size
MATRIJZENBOUW COENE
BE 0429.052.081
Izegem · Eq €324k
ABS METAL
BE 0681.402.630
Seneffe · Eq €323k
METAALVORMGEVING VAN DINTER
BE 0453.434.121
Maaseik · Eq €322k
RAUW ATELIERS
BE 0464.347.512
Amel · Eq €322k
VEROMATRIX
BE 0463.996.332
Oostrozebeke · Eq €336k
Of 980 companies in sector 25401 we hold annual accounts for 406. 307 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2004
Fiscal year end31-12
Activities, NACEBEL
25401Forging of metal
25999Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.