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ALTO SERVICES

Active Public limited companyfounded 1994active for 32 yearsRue de l'Informatique 2, 4460 Grâce-HollogneKBO/BCE: BE 0453.480.740 subsidiary of #10 employer in Grâce-Hollogne, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 31 filings since 1995
peak €11.2m (2015)
€5.1m▼ 12.2%
peak €342,185 (2009)
€17,880▼ 64.7%
peak €1.6m (2025)
€1.6m▲ 1.1%
€2.1m▲ 119%
peak 40 FTE (2009)
25.4 FTE▼ 10.2%
Board6 names since 2017
4 directors and 3 others
Owners
99.2%
Documentsfilings and deeds
01-07-202630 days before the deadline
2025financial year
Turnover from €5.8m to €5.1mResult from €50,586 to €17,880Staff from 28.3 FTE to 25.4 FTEDebts from €977,487 to €2.1mInvestments €990,623

Key points

from the 2025 annual accounts

Equity

€1.6m ▲ 1.1%

ALTO SERVICES has made a profit in every financial year since 2006.

Debts

€2.1m ▲ 119%
Financial debts
+0.6
Suppliers
+0.5
Taxes and wages
+0.01

Debts rose by €1.2m in 2025.

Investments

€990,623 3.9 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

25.4 FTE from 40 in 2009

Between 2009 and 2025, 37% of the full-time equivalents disappeared.

Payment terms

105 days to suppliers
Suppliers
48 to 105
Customers
23 to 35

ALTO SERVICES pays its suppliers 57 days later than in 2024. Customers pay 12 days later.

Filings

31 annual accounts since 1995
AprilJune31 JulyOctober200020102020

Three of the last ten came late. The 2019 accounts came latest: 121 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as ALTO SERVICES has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,766 companies, not a prediction for ALTO SERVICES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 18-12-2023
Director, since 18-12-2023
Director, , since 18-12-2023
Director, , since 18-12-2023
Auditor,
  • 99.2%equity €2.6m (2025) · 30-06-2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0453480740
2 directors reappointed and · Permanent representative: · General meeting of 18-12-2023 · Gazette deed
Permanent representative: Reappointment: (statutory auditor) · General meeting of 26-09-2022 · Gazette deed
Resignation: (director) Permanent representative: · General meeting of 27-02-2021 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
ALTO SERVICES Grâce-Hollogne €5.1m 1.2% 42.6% 25.4
LORATRANS Balen €4.6m 2.5% 27.4% 27.6
HAINAUT CHAUFFAGE C.S.T.E. Tournai €4.7m -7.1% 43.0% 28
STERCK KEUKENS Aalst €5.1m 8.7% 92.3% 14.9
MARTENS BETON Mol €6.6m -18.2% 22.9% 20.2
VAN HAUT Beveren-Kruibeke-Zwijndrecht €7.0m 14.6% 30.2% 17.3
GLASWERKEN VANHEERTUM Turnhout €3.4m -2.4% 28.6% 19.8
-10%0%10%20%€5m€50m€500m€5bnALTO SERVICESEBIT margin

Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as ALTO SERVICES: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €1.8m and €4.7m, founded between 1984 and 2000.

Official details

Source: KBO
Status
Active since 23-09-1994Normal situation
Activity
Wholesale of construction materials, general rangeNACE 46831and 1 other
Joint committees
209White-collar workers in metal manufacturing
111Metal, mechanical and electrical engineering · annual accounts 2025
Establishment unit
2.068.694.7494460 Grâce-Hollogne, since 20-10-1994
Financial year end
31 December
Peppol
Reachable since 26-11-2025
Company details

Annual accounts 2025

€3.7m▲ 46.4%
Employeeson 31-12-2025
27▼ 6.9%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on ALTO SERVICES

ALTO SERVICES has existed since 1994. Turnover fell from €7.6m in 2006 to €5.1m in 2025 and staff from 34.4 to 25.4 full-time equivalents.

Turnover has fallen every year since 2022. Solvency fell in 2025 from 61.7% to 42.6% because of higher debts to suppliers.

holds 99.2% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ALTO SERVICES

What is the company number of ALTO SERVICES?
The company number of ALTO SERVICES is 0453.480.740. The VAT number is the same number with BE in front: BE 0453.480.740.
Where is ALTO SERVICES based?
The registered office is at Rue de l'Informatique 2, 4460 Grâce-Hollogne.Company details
What does ALTO SERVICES do?
According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
What is the legal form of ALTO SERVICES?
ALTO SERVICES is a public limited company (NV).
When was ALTO SERVICES founded?
ALTO SERVICES was founded on 23-09-1994.
Is ALTO SERVICES still active?
Yes, ALTO SERVICES is an active enterprise in the KBO register.
How many employees does ALTO SERVICES have?
ALTO SERVICES had an average of 25.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ALTO SERVICES fall under?
In its 2025 annual accounts, ALTO SERVICES states joint committees 209 (White-collar workers in metal manufacturing) and 111 (Metal, mechanical and electrical engineering).
What is the turnover of ALTO SERVICES?
The turnover of ALTO SERVICES was €5.1m in financial year 2025, according to the filed annual accounts.
Is ALTO SERVICES profitable?
In financial year 2025, ALTO SERVICES made a profit of €17,880.
Where can I find the annual accounts of ALTO SERVICES?
ALTO SERVICES filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALTO SERVICES due?
ALTO SERVICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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