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ALTOZ

Active Private limited companyfounded 2024active for 1 yearBurggravenlaan 64, 9940 EvergemKBO/BCE: BE 1018.010.941

Lifetime

1 annual account with figures
peak €37,845 (2025)
€37,845 
peak €21,561 (2025)
€21,561 
peak €21,661 (2025)
€21,661 
€67,461 
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Registered office moved from Ghent to Evergem 10-10First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Debts

€67,461 76% of the balance sheet
Financial debts 22%Suppliers 59%Taxes and wages 11%Other 9%

Of this, €52,922 falls due within a year.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,389 companies had the same profile as ALTOZ has now. Each dot stands for 6 companies, two years later.

96.6%
were still trading
2.1%
stopped another way
1.2%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 2,389 companies, not a prediction for ALTOZ. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 27-12-2024
Director, since 27-12-2024
  • 50 sharesdeed of 31-12-2024
  • 50 sharesdeed of 31-12-2024
Board & ownership

Recent changes

Registered office moved from Ghent to Evergem New registered office: Burggravenlaan 64, 9940 Evergem · Previous registered office: Vierweegsestraat 77, 9032 Gent · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:1018010941
Incorporation Founding capital of €100, 100 shares · Founders: and · Appointments: (director) and (director) · published on 31-12-2024 · Gazette deed
First establishment Burggravenlaan 64, Evergem
All 5 events

Comparable companies

same main activity, similar in size and age
Company
ALTOZ Evergem €89,122 €37,845 24.3% -
DB-S ELEKTRO Sint-Niklaas €91,247 €42,618 35.3% -
ERDJO GROUP Nazareth-De Pinte €87,628 €37,171 37.0% -
Verschraegen Jolan Lochristi €95,667 €36,860 26.2% -
DDG-Elektro Laarne €74,866 €42,729 39.7% -
ELECTRO-AD Vilvoorde €88,419 €38,852 27.2% -
Elektriciteitswerken Guldentops Frank Mechelen €97,831 €35,507 21.2% -

These companies have the same main activity as ALTOZ: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €74,900 and €97,800, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 27-12-2024Normal situation
Activity
General electrical installation workNACE 43211
Establishment unit
2.369.174.2239940 Evergem, since 27-12-2024
Financial year end
31 December
Peppol
Reachable since 02-01-2025
Company details

Annual accounts 2025

€89,122
Filing
Filed on 28-07-2026, 3 days before the end of the filing period
Financials

Insights on ALTOZ

ALTOZ has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,661 and a net result of €21,561.

Its solvency ranks better than 26% of 37,240 sector peers (NACE 43, financial year 2025).

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 ALTOZ

What is the company number of ALTOZ?
The company number of ALTOZ is 1018.010.941. The VAT number is the same number with BE in front: BE 1018.010.941.
Where is ALTOZ based?
The registered office is at Burggravenlaan 64, 9940 Evergem.Company details
What does ALTOZ do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ALTOZ?
ALTOZ is a private limited company (BV).
When was ALTOZ founded?
ALTOZ was founded on 27-12-2024.
Is ALTOZ still active?
Yes, ALTOZ is an active enterprise in the KBO register.
What is the turnover of ALTOZ?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €37,845 and 51 comparable companies (NACE 43211). It probably lies between €110,000 and €270,000.Financials
Is ALTOZ profitable?
In financial year 2025, ALTOZ made a profit of €21,561.
Where can I find the annual accounts of ALTOZ?
ALTOZ filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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