ALTRAFINCO 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 €117k and a net result of €5k. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 65 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
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 31-03-2025 was due by 31-10-2025 and was filed on 24-09-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
38 d early
2023
43 d early
2022
27 d early
2021
6 d early
2020
34 d late
2019
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€117k▲ 4.7%
2024 · €112k
2019: €180k
2020: €149k
2021: €119k
2022: €112k
2023: €128k
2024: €112k
2019 → 2025
Net result
€5k
2024 · €-16k
2019: €-53k
2020: €-31k
2021: €-30k
2022: €-7k
2023: €16k
2024: €-16k
2019 → 2025
Total assets
€121k▼ 8.4%
2024 · €132k
2019: €250k
2020: €209k
2021: €163k
2022: €142k
2023: €130k
2024: €132k
2019 → 2025
Solvency
97.2%▲ 12.2pp
2024 · 85.0%
2019: 71.7%
2020: 71.1%
2021: 73.1%
2022: 78.6%
2023: 98.0%
2024: 85.0%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€102k-€130k▲ 27.6%€147k▲ 13.2%€105k▼ 28.3%€119k▲ 12.7%
Equity€119k-€112k▼ 5.8%€128k▲ 14.0%€112k▼ 12.4%€117k▲ 4.7%
Operating result€-29k-€-6k▲ 78.9%€18k€-16k€6k
Net result€-30k-€-7k▲ 76.6%€16k€-16k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €16k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets
€77k▼ 8.5%
Current assets
€43k▼ 8.2%
Equity and liabilities €121k
Equity
€117k▲ 4.7%
Debt
€3k▼ 83.0%
The debt ratio falls from 15.0% to 2.8%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
97.2%▲
2024 · 85.0%
ROE
4.5%▲
2024 · -14.1%
ROA
4.4%▲
2024 · -12.0%
Debt
€3k▼
2024 · €20k
Debt ≤ 1 year
€3k▼
2024 · €20k
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€132k€121k▼
Fixed assets21/28€84k€77k▼
Tangible fixed assets22/27€84k€77k▼
Land and buildings22€63k€59k▼
Plant, machinery and equipment23€17k€16k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€539€539=
Current assets29/58€47k€43k▼
Stocks and contracts in progress3€46k€39k▼
Stocks30/36€46k€39k▼
Amounts receivable within one year40/41€1k€278▼
Other amounts receivable41€1k€278▼
Cash at bank and in hand54/58-€5k
Equity and liabilities
Total equity and liabilities10/49€132k€121k▼
Equity10/15€112k€117k▲
Contributions10/11€6k€6k=
Reserves13€17k€17k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€89k€94k▲
Amounts payable17/49€20k€3k▼
Amounts payable within one year42/48€20k€3k▼
Trade debts44€3k€808▼
Suppliers440/4€3k€808▼
Advances received on contracts in progress46€3k€1k▼
Taxes, remuneration and social security45€13k€1k▼
Taxes450/3€1k€1k=
Remuneration and social security454/9€12k-
Other amounts payable47/48€1k-
Income statement
Code20242025
Turnover70€105k€119k▲
Goods, raw materials, services and sundry goods60/61€112k€97k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8€581€407▼
Gross operating margin9900€-6k€21k▲
Operating profit (loss)9901€-16k€6k▲
Financial charges65/66B€252€242▼
Recurring financial charges65€252€229▼
Non-recurring financial charges66B-€13
Profit (loss) for the period before taxes9903€-16k€5k▲
Profit (loss) for the period9904€-16k€5k▲
Profit (loss) for the period to be appropriated9905€-16k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€89k€94k▲
Profit (loss) brought forward from the previous period14P€105k€89k▼
The notes to these accounts (7 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
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-03
Financial
Liquidity times 5current ratio 13.03
Current ratio from 2.41 to 13.03; short-term debt falls from €20k to €3k.
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €16k
Net result €16k after 4 loss-making years.
31-03
Financial
Liquidity times 6current ratio 42.86
Current ratio from 7.49 to 42.86; short-term debt falls from €14k to €3k.
2022
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
04-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 34 days late
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Havelange · 1 establishment unit since 2008
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.
Champ du Bois(P) 1C5370 HavelangeGround area
5,070 m²
Building footprint
361 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
ALTRAFINCO
since 20082.169.698.671
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91109D0113/00N000 | Wallonia | 2,812 m² | 1 · 188 m² | - |
| 91109D0115/00M000 | Wallonia | 2,259 m² | 1 · 174 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHavelange2.169.698.671
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Of 95 companies in sector 65112 we hold annual accounts for 53. 42 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-03-2008
Fiscal year end31-03
Activities, NACEBEL
65112Insurance, reinsurance and pension funding, except compulsory social security
11020Manufacture of beverages
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:fco@altrafinco.com
Phone:0495/21 19 30