ALTRO INVEST
ActiveALTRO INVEST has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €495k and a net result of €148k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 42% of 19354 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+7
Solvency47▼-4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.33 in 2023; short-term debt: 78.1% and cash: 46.8% of total assets), and 78.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
2 d late
2022
56 d late
2021
26 d early
2020
55 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€495k▲ 42.7%
2023 · €347k
2020: €243k
2021: €310k
2022: €335k
2023: €347k
2020 → 2024
Total assets
€2.26M▲ 70.8%
2023 · €1.33M
2020: €1.34M
2021: €754k
2022: €1.01M
2023: €1.33M
2020 → 2024
Net result
€148k▲ 1,093%
2023 · €12k
2020: €143k
2021: €66k
2022: €25k
2023: €12k
2020 → 2024
Working capital
€478k▲ 48.2%
2023 · €323k
2020: €224k
2021: €310k
2022: €300k
2023: €323k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€243k-€310k▲ 27.2%€335k▲ 8.1%€347k▲ 3.7%€495k▲ 42.7%
Operating result€187k-€89k▼ 52.4%€31k▼ 64.7%€21k▼ 33.3%€209k▲ 897%
Net result€143k-€66k▼ 53.8%€25k▼ 62.1%€12k▼ 50.6%€148k▲ 1,093%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 897% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.26M
Fixed assets
€17k▼ 30.7%
Current assets
€2.25M▲ 72.7%
Equity and liabilities €2.26M
Equity
€495k▲ 42.7%
Debt
€1.77M▲ 80.8%
The debt ratio rises from 73.8% to 78.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€216k▲
2023 · €28k
Cash flow
€156k▲
2023 · €19k
Solvency
21.9%▼
2023 · 26.2%
Current ratio
1.27▼
2023 · 1.33
Quick ratio
0.62▲
2023 · 0.04
Debt / equity
3.57▲
2023 · 2.82
ROE
29.9%▲
2023 · 3.6%
ROA
6.5%▲
2023 · 0.9%
Interest coverage
328.54▲
2023 · 82.80
Debt
€1.77M▲
2023 · €978k
Debt ≤ 1 year
€1.77M▲
2023 · €978k
Income taxes
€63k▲
2023 · €10k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.33M€2.26M▲
Fixed assets21/28€24k€17k▼
Tangible fixed assets22/27€24k€17k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€19k€13k▼
Current assets29/58€1.30M€2.25M▲
Stocks and contracts in progress3€1.26M€1.15M▼
Stocks30/36€1.26M€1.15M▼
Amounts receivable within one year40/41€21k€34k▲
Trade receivables40€21k€34k▲
Cash at bank and in hand54/58€21k€1.06M▲
Equity and liabilities
Total equity and liabilities10/49€1.33M€2.26M▲
Equity10/15€347k€495k▲
Contributions10/11€100k€100k=
Reserves13€247k€395k▲
Distributable reserves133€247k€395k▲
Amounts payable17/49€978k€1.77M▲
Amounts payable within one year42/48€978k€1.77M▲
Trade debts44€219k€248k▲
Suppliers440/4€219k€248k▲
Taxes, remuneration and social security45€24k€263k▲
Taxes450/3€24k€263k▲
Other amounts payable47/48€734k€1.26M▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€8k€6k▼
Gross operating margin9900€35k€222k▲
Operating profit (loss)9901€21k€209k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€334€658▲
Recurring financial charges65€334€658▲
Profit (loss) for the period before taxes9903€23k€211k▲
Income taxes67/77€10k€63k▲
Profit (loss) for the period9904€12k€148k▲
Profit (loss) for the period to be appropriated9905€12k€148k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€148k▲
Transfer to equity691/2€12k€148k▲
To other reserves6921€12k€148k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Highest result since 2020net €148k ▲1093%
Operating result €209k, net result €148k, both a record.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
31-12
Financial
Weakest financial yearnet €12k ▼50.6%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lokeren · 1 establishment unit since 2019
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.
Molenstraat 1359160 LokerenGround area
433 m²
Building footprint
120 m²
Volume, LiDAR
434 m³
Parcel 46384E1387/00D005, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ALTRO INVEST
since 20192.286.629.302
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384E1387/00D005 | Flanders | 433 m² | 1 · 120 m² | 8.8 m · 1 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 9,697 companies in sector 68121 we hold annual accounts for 7,382. 4,715 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2019
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000