Financials
- Financial year
- 2024
- Turnover
- €19,138
- Loss
- -€14.9m
- Solvency
- 6.4%
Turnover▼ 13.4%
Net result
20212024
ALTRO FINANCE & INSURANCE BELGIUM
Active1 interim measureSummary
The file of ALTRO FINANCE & INSURANCE BELGIUM contains 1 interim measure, as published in the Belgian Official Gazette. The annual accounts of ALTRO FINANCE & INSURANCE BELGIUM for financial year 2024 show a net loss of 70% of total assets and of 92% of the equity at the start of that year. The computed 12-month bankruptcy probability is 7.3% (elevated). The 2024 annual accounts show equity of €1.4m and a net result of -€14.9m. Equity is shrinking by about 30% per year across the filed financial years. Its solvency ranks better than 13% of 4,580 sector peers (NACE 70, financial year 2024).
Overview
Activity
Business and other management consultancy
NACE 70200
6th largest company by total assets in Mont-Saint-Guibert, Professional and technical services sector2 sites
Size
€19,138turnover 2024
- Equity
- €1.4m
- Loss
- -€14.9m
Structure
- Parent
- Altro Finance & Insurance SA
- Board
- 6 members
- Holdings
- 8
- SNC Dominique DejeanChair
- Altro Finance & Insurance SAManaging director · permanent representative Luc Tonneau
Accounts 75 days overdue
Why 31raises risk2 changes of registered office in 24 monthsFigures for financial year 2024 (filed 26-06-2025)Liquidity: current ratio 0.10, cash €7,889lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Score 2024
31
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 5% of its sector peers (NACE 70, medium-sized)
Financial strength · tick = 2023
Weak
Solvency
31-41
equity 6.4% of total assets
Liquidity
1-27
short-term debt 87.8% · cash 0.0%
Profitability
0-11
return on assets -70.4%
Bankruptcy probability, 12 months
7.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● unchanged vs 11-2024lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.4%▲ +0.3 percentage points vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 1.3%▲ +0.9 percentage points vs 06-2025
08-2025: 1.3%● unchanged vs 07-2025
09-2025: 1.3%● unchanged vs 08-2025
10-2025: 1.3%● unchanged vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 2.9%▲ +1.6 percentage points vs 03-2026
05-2026: 2.9%● unchanged vs 04-2026
06-2026: 2.9%● unchanged vs 05-2026
07-2026: 3.5%▲ +0.6 percentage points vs 06-2026
08-2026: 4.3%▲ +0.8 percentage points vs 07-2026
09-2026: 5.2%▲ +0.9 percentage points vs 08-2026
10-2026: 7.3%▲ +2.1 percentage points vs 09-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: interim measures (e.g. provisional administrator)
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.1, compared with 0.04 in 2023, below 1; short-term debt: 87.8% and cash: 0% of total assets), and 93.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 8% on solvency, 2% on liquidity, 1% on profitability and 9% on growth.
The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Nine signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€14.9m
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 4580 sector peers (2024).
NBB · sector comparisonPosition among 4580 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
35 days early
2023
33 days early
2022
32 days early
2021
39 days early
2020
25 days early
2019
14 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 25 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Provisional administratorEnterprise Court of Walloon Brabant…
- Resignation: Eric Vandoren (director)Gazette deed
- Resignation: Dominique Dejean (chair and director)Gazette deed
Key points
- Risk: 7 loss-making years in a rowloss financial year 2024 -€14.9m View
- Caution: Result fell in 2024from -€638,179 to -€14.9m ▼ 2,240% View
- Caution: Among the weakest 5% on net resultsector median €45,251 · 4,591 companies -€14.9m View
- Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
- Controlled by Altro Finance & Insurance…the company in turn controls 6 companies parent View
- Directors leftlatest change 28-05-2026 · 6 in office 2 left View
By topic
Board & ownership
- Board
- 6 members
- Parent
- Altro Finance & Insurance…
- SNC Dominique DejeanChair
- Altro Finance & Insurance SAManaging director
- Asia Euro Consultance LtdDirector
- DRAKKARDirector
- AFI SADirector
and 1 other director
Network & group
- Subsidiaries
- 6
- Holdings
- 8
- Connected companies
- 14
- Mergers and asset contributions
- 2
8 holdings
Timeline
- Events
- 60
- Since
- 2009
- 09-03-2026Registered office
- 26-06-2025Annual accounts filed
- 29-01-2025Registered office
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 14-12-2007
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 2
- Purpose
- “A) l'acquisition, la possession et le transfert par voies d'achat, d'apport, de vente…” (deed in French)
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