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ALTWINUS

Active
Private limited companyfounded 200620 yrs activeSingel 3, 2640 Mortsel, BelgiumKBO/BCE: BE 0878.978.564
Summary

ALTWINUS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €419,342 and a net result of -€1,534. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability37=
Solvency78=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity short (current ratio 0.0; short-term debt: 47.4% and cash: 0.1% of total assets), and 47.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
52.6%
Return on assets
-0.2%
Age of the figures
18 mo
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 22-10-2025, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 d early
2024
9 d early
2023
22 d late
2022
4 d late
2021
2 d late
2020
4 d late
2018
33 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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 months
Position in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 January 2006, ALTWINUS was incorporated.1 Total assets went from EUR 796,190 in 2020 to EUR 796,679 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€419,342▼ 0.4%
2024 · €420,876
Total assets
€796,679▲ 0.1%
2024 · €796,000
Net result
-€1,534▼ 90.3%
2024 · -€806
Working capital
-€376,658▼ 0.6%
2023 · -€374,317
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€1,359=-€1,393▼ 2.4%-€1,335▲ 4.1%-€776▲ 41.8%-€1,504▼ 93.8%
Net result-€1,379=-€1,423▼ 3.1%-€1,335▲ 6.2%-€806▲ 39.6%-€1,534▼ 90.3%
Equity€425,463=€423,018▼ 0.6%€421,683▼ 0.3%€420,876▼ 0.2%€419,342▼ 0.4%
Total assets€796,190=€796,152=€796,190=€796,000=€796,679▲ 0.1%
Debt€371,711▲ 0.3%€373,134▲ 0.4%€374,507▲ 0.4%€375,124▲ 0.2%€377,337▲ 0.6%
Working capital-€371,521▼ 0.3%-€372,982▼ 0.4%-€374,317▼ 0.4%-€376,658
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000-€1,500-€1,000-€500€0Operating result 2021: -€1,359-€1,359Net result 2021: -€1,379-€1,379Operating result 2022: -€1,393-€1,393Net result 2022: -€1,423-€1,423Operating result 2023: -€1,335-€1,335Net result 2023: -€1,335-€1,335Operating result 2024: -€776-€776Net result 2024: -€806-€806Operating result 2025: -€1,504-€1,504Net result 2025: -€1,534-€1,53420212022202320242025-€2,000-€1,500-€1,000-€500€0Operating result 2023: -€1,335-€1,330Net result 2023: -€1,335-€1,330Operating result 2024: -€776-€776Net result 2024: -€806-€806Operating result 2025: -€1,504-€1,500Net result 2025: -€1,534-€1,530202320242025
The operating result stays negative: a loss of €1,504 in 2025 against €776 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €796,679
Fixed assets €796,000
Current assets €679
Equity and liabilities €796,679
Equity €419,342 ▼ 0.4%
Debt €377,337 ▲ 0.6%
Debt's share of the balance-sheet total rises from 47.1% to 47.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.00
Debt to equity
0.90▲
2024 · 0.89
ROE
-0.4%▼
2024 · -0.2%
ROA
-0.2%▼
2024 · -0.1%
Debt ≤ 1 year
€377,337▲
2024 · €375,124
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€796,000€796,679▲
Fixed assets21/28€796,000€796,000=
Financial fixed assets28€796,000€796,000=
Current assets29/58-€679
Cash at bank and in hand54/58-€679
Equity and liabilities
Total equity and liabilities10/49€796,000€796,679▲
Equity10/15€420,876€419,342▼
Contributions10/11€243,840€243,840=
Capital10€243,840-
Issued capital100€243,840-
Reserves13€177,036€175,502▼
Non-distributable reserves130/1€24,384€24,384=
Legal reserve130€24,384-
Reserves not available under the articles1311-€24,384
Distributable reserves133€152,652€151,118▼
Amounts payable17/49€375,124€377,337▲
Amounts payable within one year42/48€375,124€377,337▲
Financial debts43€118-
Credit institutions430/8€118-
Trade debts44€1,772-
Suppliers440/4€1,772-
Other amounts payable47/48€373,233€377,337▲
Income statement Code20242025
Other operating charges640/8€32€236▲
Gross operating margin9900-€744-€1,268▼
Operating profit (loss)9901-€776-€1,504▼
Financial charges65/66B€30€30=
Recurring financial charges65€30€30=
Profit (loss) for the period before taxes9903-€806-€1,534▼
Profit (loss) for the period9904-€806-€1,534▼
Profit (loss) for the period to be appropriated9905-€806-€1,534▼
Appropriation of the result
Profit (loss) to be appropriated9906-€806-€1,534▼
Transfer from equity791/2€806€1,534▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€969-€32€236▲ 638%
Gross operating margin9900-€1,261-€424-€1,335-€744-€1,268▼ 70.4%
Operating profit (loss)9901-€1,359-€1,393-€1,335-€776-€1,504▼ 93.8%
Financial charges65/66B-€30-€30€30=
Recurring financial charges65€20€30-€30€30=
Profit (loss) for the period before taxes9903-€1,379-€1,423-€1,335-€806-€1,534▼ 90.3%
Profit (loss) for the period9904-€1,379-€1,423-€1,335-€806-€1,534▼ 90.3%
Profit (loss) for the period to be appropriated9905-€1,379-€1,423-€1,335-€806-€1,534▼ 90.3%
Line20212022202320242025Change
Assets
Total assets20/58€796,190€796,152€796,190€796,000€796,679▲ 0.1%
Fixed assets21/28€796,000€796,000€796,000€796,000€796,000=
Financial fixed assets28€796,000€796,000€796,000€796,000€796,000=
Current assets29/58€190€152€190-€679-
Cash at bank and in hand54/58€190€152€190-€679-
Equity and liabilities
Total equity and liabilities10/49€796,190€796,152€796,190€796,000€796,679▲ 0.1%
Equity10/15€425,463€423,018€421,683€420,876€419,342▼ 0.4%
Contributions10/11€243,840€243,840€243,840€243,840€243,840=
Capital10-€243,840€243,840€243,840--
Issued capital100-€243,840€243,840€243,840--
Reserves13€181,623€179,178€177,843€177,036€175,502▼ 0.9%
Non-distributable reserves130/1-€24,384€24,384€24,384€24,384=
Legal reserve130-€24,384€24,384€24,384--
Reserves not available under the articles1311----€24,384-
Distributable reserves133-€154,794€153,459€152,652€151,118▼ 1.0%
Amounts payable17/49€371,711€373,134€374,507€375,124€377,337▲ 0.6%
Amounts payable within one year42/48€371,711€373,134€374,507€375,124€377,337▲ 0.6%
Financial debts43---€118--
Credit institutions430/8---€118--
Trade debts44€984€1,407€1,763€1,772--
Suppliers440/4-€1,407€1,763€1,772--
Other amounts payable47/48-€371,727€372,745€373,233€377,337▲ 1.1%
Line20212022202320242025Change
Profit (loss) for the period9904-€1,379-€1,423-€1,335-€806-€1,534▼ 90.3%
Operating cash flow (approximation)-€1,379-€1,423-€1,335-€806-€1,534▼ 90.3%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€38€38---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
22-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Weakest financial yearnet -€1,534
Net result drops to -€1,534, the lowest in the series.
2024
22-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
22-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2022
04-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2021
02-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2020
04-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
14-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
09-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Mortsel · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
281 m²
Building footprint
99 m²
Volume, LiDAR
518 m³
Parcel 11513C0155/00T003, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Altwinus
Singel 3, 2640 MortselNACE 7415101
since 20062.151.629.650
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11513C0155/00T003 Flanders 281 m² 1 · 99 m² 8.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded18-01-2006
Fiscal year end31-03
E-invoicing
Reachable via Peppol
Peppol ID 0208:0878978564
Also 9925:BE0878978564
Registered 28-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.