Altofin
ActiveAltofin 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 €1.14M and a net result of €165k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 5495 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
3 d late
2023
on the day
2022
1 d early
2021
7 d late
2020
15 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.14M▲ 10.2%
2024 · €1.03M
2020: €429k
2021: €621k
2022: €723k
2023: €902k
2024: €1.03M
2020 → 2025
Net result
€165k▲ 28.7%
2024 · €128k
2020: €364k
2021: €132k
2022: €102k
2023: €179k
2024: €128k
2020 → 2025
Total assets
€1.46M▲ 3.7%
2024 · €1.41M
2020: €1.21M
2021: €1.08M
2022: €1.11M
2023: €1.22M
2024: €1.41M
2020 → 2025
Solvency
77.7%▲ 4.6pp
2024 · 73.2%
2020: 35.4%
2021: 57.3%
2022: 64.9%
2023: 74.1%
2024: 73.2%
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€621k-€723k▲ 16.5%€902k▲ 24.8%€1.03M▲ 14.2%€1.14M▲ 10.2%
Operating result€178k-€136k▼ 23.3%€239k▲ 75.8%€172k▼ 28.4%€229k▲ 33.6%
Net result€132k-€102k▼ 22.3%€179k▲ 75.2%€128k▼ 28.4%€165k▲ 28.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 34% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.46M
Fixed assets
€1.03M▼ 1.5%
Current assets
€426k▲ 19.3%
Equity and liabilities €1.46M
Equity
€1.14M▲ 10.2%
Debt
€325k▼ 13.9%
The debt ratio falls from 26.8% to 22.3%: equity grows while debt is paid down.
Key figures and ratios
Solvency
77.7%▲
2024 · 73.2%
ROE
14.5%▲
2024 · 12.5%
ROA
11.3%▲
2024 · 9.1%
Debt
€325k▼
2024 · €377k
Debt ≤ 1 year
€145k▼
2024 · €244k
Debt > 1 year
€170k▲
2024 · €133k
Income taxes
€49k▲
2024 · €37k
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€1.41M€1.46M▲
Fixed assets21/28€1.05M€1.03M▼
Tangible fixed assets22/27€71k€55k▼
Furniture and vehicles24€71k€55k▼
Financial fixed assets28€980k€980k=
Current assets29/58€357k€426k▲
Amounts receivable within one year40/41€55k€117k▲
Trade receivables40€24k€0▼
Other amounts receivable41€32k€117k▲
Current investments50/53€280k€280k=
Cash at bank and in hand54/58€22k€26k▲
Deferred charges and accrued income490/1€7€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.41M€1.46M▲
Equity10/15€1.03M€1.14M▲
Contributions10/11€125k€125k=
Capital10€125k€125k=
Issued capital100€125k€125k=
Reserves13€905k€1.01M▲
Non-distributable reserves130/1€293k€293k=
Legal reserve130€13k€13k=
Own shares acquired1312€280k€280k=
Distributable reserves133€613k€718k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€377k€325k▼
Amounts payable after more than one year17€133k€170k▲
Financial debts170/4€133k€170k▲
Amounts payable within one year42/48€244k€145k▼
Current portion of amounts payable after more than one year42€84k€104k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€14k€32k▲
Taxes450/3€14k€32k▲
Other amounts payable47/48€143k€6k▼
Accrued charges and deferred income492/3€778€10k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€16k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€183k€248k▲
Operating profit (loss)9901€172k€229k▲
Financial income75/76B€7€2k▲
Recurring financial income75€7€2k▲
Financial charges65/66B€6k€17k▲
Recurring financial charges65€6k€17k▲
Profit (loss) for the period before taxes9903€166k€214k▲
Income taxes67/77€37k€49k▲
Profit (loss) for the period9904€128k€165k▲
Profit (loss) for the period to be appropriated9905€128k€165k▲
Appropriation of the result
Profit (loss) to be appropriated9906€128k€165k▲
Transfer from equity791/2€152k€60k▼
Transfer to equity691/2€280k€165k▼
To other reserves6921€280k€165k▼
Profit to be distributed694/7-€60k
Return on contributions (dividend)694-€60k
The notes to these accounts (18 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Liquidity doublescurrent ratio 2.94
Current ratio from 1.46 to 2.94; short-term debt falls from €244k to €145k.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
30-06
Financial
Equity above €1MEq €1.03M ▲14.2%
5 profitable years in a row build equity to €1.03M.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Liquidity doublescurrent ratio 2.30
Current ratio from 0.97 to 2.30; short-term debt falls from €138k to €103k.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €102k ▼22.3%
Net result drops to €102k, the lowest in the series; recovery starts the following year.
07-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 7 days late
2021
30-06
Financial
Equity above €500kEq €621k ▲44.7%
2 profitable years in a row build equity to €621k.
15-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-07-2025
Toon CASIER: Resigned as Director
21-06-2024
Alexandra VERMEERSCH: Resigned as Director
21-06-2024
Alexandra VERMEERSCH: Resigned as Managing director
Location & real-estate footprint
Registered office, Middelkerke · 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.
Brugsesteenweg 64A8433 MiddelkerkeGround area
626 m²
Building footprint
172 m²
Volume, LiDAR
913 m³
Parcel 35010B0098/00H000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Altofin
since 20202.299.245.933
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35010B0098/00H000 | Flanders | 626 m² | 1 · 172 m² | 8.2 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.
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 12,347 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-12-2019
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.