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ALTRA FINANCE

Active
Private limited company (pre-2019)founded 2009active for 17 yearsClos de l'Ermitage(VIS) 23, 4600 Visé, BelgiumKBO/BCE: BE 0810.476.570
Summary

The computed 12-month bankruptcy probability of ALTRA FINANCE is 1.7% (moderate). The 2025 annual accounts show equity of €16,560 and a net result of €3,791. Equity has been shrinking by about 7.9% per year since 2018. The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 17-03-2009 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.218.663.875 4600 Visé, since 09-04-2013
Financial year end
31 December
Peppol
Reachable since 08-12-2025

Board and ownership

Board
  • Somville Jean-CharlesDirector

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€3,773
▼ 54.7%
Turnover
≈ €29,000
estimated
Profit
€3,791
Equity
€16,560
▲ 29.7%
Total assets
€272,816
▼ 0.6%
  • 2025 accounts filed 75 days after the deadline
Filed on 14-10-2026
Score breakdownraises riskLast filed accounts filed 75 days late; 3 of the last 3 accounts lateLiquidity: current ratio 8.89, cash €0lowers riskSize: total assets €272,816Founded in 2009Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 39% of micro companies without a NACE code
Financial strength · tick: 2024
Weak
Solvency 31+1
equity 6.1% of total assets
Liquidity 50=
short-term debt 10.0% · cash 0.0%
Profitability 23+7
return on assets 1.4%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.4% 01-2025: 1.6%▲ +0.2 percentage points vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.4%▼ -0.2 percentage points vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025lowest value 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.1 percentage points vs 06-2025 08-2025: 2.1%▲ +0.6 percentage points vs 07-2025 09-2025: 2.4%▲ +0.3 percentage points vs 08-2025 10-2025: 1.7%▼ -0.7 percentage points vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.9%▲ +0.2 percentage points vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 1.8%▼ -0.1 percentage points vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.9%▲ +0.1 percentage points vs 05-2026 07-2026: 1.8%▼ -0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +1.0 percentage point vs 07-2026 09-2026: 3.2%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 1.7%▼ -1.5 percentage points vs 09-2026 11-2026: 1.7%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.89 (12.55 in 2024), above the usual 1.5. Short-term debt is 10% and cash 0% of total assets. However, 93.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 20% of them on solvency, 37% on liquidity, 18% on profitability and 81% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 75 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €272,816
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 8.89, cash €0
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 75 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-10-2026, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
75 days late
2024
61 days late
2023
65 days late
2022
431 days late
2021
61 days late
2020
31 days late
2019
105 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 118 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Incorporation
All 16 events

Key facts about ALTRA FINANCE

What is the company number of ALTRA FINANCE?
The company number of ALTRA FINANCE is 0810.476.570. The VAT number is the same number with BE in front: BE 0810.476.570.
Where is ALTRA FINANCE based?
The registered office is at Clos de l'Ermitage(VIS) 23, 4600 Visé.Company details
What is the legal form of ALTRA FINANCE?
The legal form of ALTRA FINANCE is Private limited company (pre-2019) (BVBA).
When was ALTRA FINANCE founded?
ALTRA FINANCE was founded on 17-03-2009.
Is ALTRA FINANCE still active?
Yes, ALTRA FINANCE is an active enterprise in the KBO register.
How many employees does ALTRA FINANCE have?
ALTRA FINANCE had an average of 1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of ALTRA FINANCE?
The turnover in financial year 2025 is ≈ €29,000. This figure is estimated from the gross margin of €3,773 and 6,330 comparable companies of the same size. It probably lies between €13,000 and €69,000. It is a rough estimate.
Is ALTRA FINANCE profitable?
In financial year 2025, ALTRA FINANCE made a profit of €3,791.
Where can I find the annual accounts of ALTRA FINANCE?
ALTRA FINANCE filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALTRA FINANCE due?
ALTRA FINANCE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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