Equity
€10.4m from €22.3m in 2020
Equity fell by 53% in 5 years.
ALTYA INVEST
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001Gross marginpeak €37,988 (2016)
-€1.0m▼ €53,138
Resultlowest -€8.9m (2023)
€359,615▲ 75.9%
Equitypeak €22.3m (2020)
€10.4m▼ 12.3%
Debts
€79.0m▲ 2.0%
Staffpeak 1.9 FTE (2022)
0.3 FTE▼ 70.0%
Board5 names since 2000
3 directorsJLM 2 and 2 others
Owners
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Result from €204,417 to €359,615Staff from 1 FTE to 0.3 FTECapital decrease of €313,821.16 to €20,553,093.37 24-12Registered office moved from Froyennes to Mourcourt 06-11Capital decrease of €1,512,095.32 to €20,866,914.53 30-09Resignation: Olivier Mulliez (director) 10-03
Key points
from the 2025 annual accountsResult
€359,615 ▲ 75.9%
The result rose in 2025 from €204,417 to €359,615.
Debts
€79.0m 88% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%
Of this, €79.0m falls due within a year.
Filings
25 annual accounts since 2001
Eight of the last ten came late. The 2021 accounts came latest: 124 days after the end of the period.
Subsidiaries
-€3.2m
Subsidiary with negative equity. EUROFIP SARL.
Group
7 companies controlled
Heads a group.
Checked score
63
Healthy
Financially stronger than 15% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,551 companies (NACE 70, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.7%▲ +0.1 percentage points vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025
05-2025: 1.6%▼ -0.1 percentage points vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.6%● unchanged vs 06-2025
08-2025: 1.9%▲ +0.3 percentage points vs 07-2025
09-2025: 0.9%▼ -1.0 percentage point vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025lowest value
11-2025: 0.9%● unchanged vs 10-2025lowest value
12-2025: 1.5%▲ +0.6 percentage points vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.4%▼ -0.1 percentage points vs 03-2026
05-2026: 1.5%▲ +0.1 percentage points vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.5%● unchanged vs 06-2026
08-2026: 1.9%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 1.1%▼ -0.8 percentage points vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 1.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.90, cash €203,870
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
1 change of registered office in 24 months
lowers risk
Size: 0.3 FTE, total assets €89.4m
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 (NACE 70, micro). It does better than 18% of them on solvency, 2% on liquidity, 14% on profitability and 27% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,984 companies had the same profile as ALTYA INVEST has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALTYA INVEST itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,984 companies, not a prediction for ALTYA INVEST. 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
Credit of up to €650,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.9 (0.92 in 2024), below 1. Short-term debt is 88.3% and cash 0.2% of total assets. 88.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 3870 sector peers (2025).
NBB · sector comparisonPosition among 3870 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 days late
2024
28 days late
2023
124 days late
2022
67 days late
2021
124 days late
2020
31 days late
2019
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 53 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed 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 6 October (4 of the last 5 accounts filed within 57 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
J
JLM 2
Director, Mulliez Jean-Luc, since 15-06-2023
- Bruno Deplanqueannual accounts 2022
- Lucie Mulliezannual accounts 2022
Shares in 8 companies, including Altya France and AMBRE
Board & ownershipRecent changes
Resignation: Marco Kray (director)
General meeting of 14-10-2026 · Gazette deed
Capital decrease of €313,821.16 to €20,553,093.37
Capital from €20,866,914.53 to €20,553,093.37, 557,706 shares cancelled · Appointment: Jean-Luc Mulliez (managing director) · une seule personne holds all the shares · General meeting of 19-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472416625
Registered office moved from Froyennes to Mourcourt
New registered office: Rue du Château de Baudignies, 3 7543 MOURCOURT (TOURNAI) · Previous registered office: RUE DU PROGRES 4B, 7503 FROYENNES · Board meeting of 20-10-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ALTYA INVEST Tournai | €89.4m | -€1.0m | 11.6% | 0.3 |
| CUTAWAY Antwerp | €91.2m | -€0.02m | 98.5% | 0 |
| BELFIMA INVEST Merelbeke-Melle | €138.5m | -€1.2m | 94.5% | 0.5 |
| G.D.S. CONSULT Woluwe-Saint-Pierre | €106.7m | -€0.07m | 62.0% | 1 |
| RVM Invest Oudenaarde | €105.0m | -€0.6m | 83.3% | 0 |
| FINETFO Uccle | €117.0m | -€0.6m | 87.7% | 1 |
| VERMEC Vilvoorde | €56.9m | -€0.4m | 96.4% | 0 |
These companies have the same main activity as ALTYA INVEST: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €57m and €138m, founded between 1992 and 2005.
Official details
Source: KBO- Status
- Active since 18-07-2000Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.095.057.2707543 Tournai, since 08-01-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Companies linked to ALTYA INVEST
Subsidiaries and holdings
Insights on ALTYA INVEST
ALTYA INVEST has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.4m and a net result of €359,615.
Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 16% of 3,870 sector peers (NACE 70, financial year 2025).
The computed 12-month bankruptcy probability is 1.1% (low).
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 ALTYA INVEST
- What is the company number of ALTYA INVEST?
- The company number of ALTYA INVEST is 0472.416.625. The VAT number is the same number with BE in front: BE 0472.416.625.
- Where is ALTYA INVEST based?
- The registered office is at Rue du Château de Baudignies 3, 7543 Tournai.Company details
- What does ALTYA INVEST do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ALTYA INVEST?
- ALTYA INVEST is a public limited company (NV).
- When was ALTYA INVEST founded?
- ALTYA INVEST was founded on 18-07-2000.
- Is ALTYA INVEST still active?
- Yes, ALTYA INVEST is an active enterprise in the KBO register.
- How many employees does ALTYA INVEST have?
- ALTYA INVEST had an average of 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ALTYA INVEST?
- The annual accounts for financial year 2025 state no turnover.
- Is ALTYA INVEST profitable?
- In financial year 2025, ALTYA INVEST made a profit of €359,615.
- Where can I find the annual accounts of ALTYA INVEST?
- ALTYA INVEST filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALTYA INVEST due?
- ALTYA INVEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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