Alta Lys
Alta Lys 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 €1.36M and a net result of €73k. Equity is shrinking by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 7865 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.36M |
| Net result | €73k |
| Better than sector | 90% |
| Active | 11 yrs |
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 91.9% | 51.3% | |
| Net result | €73k | €33k | |
| Equity | €1.36M | €132k | |
| Gross operating margin | €-33k | €63k | |
| Total assets | €1.48M | €338k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | n/a | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a | n/a |
| Net profit | €73k | €55k | €-111k | €28k | €270k |
| Cash flow | n/a | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | €0 | - |
| Income taxes | - | - | - | €0 | €225 |
| Dividends | - | - | - | - | €0 |
| Total assets | €1.48M | €1.69M | €1.76M | €2.36M | €2.71M |
| Equity | €1.36M | €1.62M | €1.57M | €1.68M | €1.94M |
| Debt | €120k | €68k | €188k | €680k | €773k |
| of which ≤ 1y | €119k | €68k | €188k | €679k | €765k |
| of which > 1y | - | - | - | - | - |
| Working capital | n/a | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | 0.0 | 0.0 | - | 1.8 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a | n/a |
| Solvency | 91.9% | 96.0% | 89.3% | 71.2% | 71.5% |
| Debt / equity | n/a | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a | n/a |
| ROA | 4.9% | 3.3% | -6.3% | 1.2% | 9.9% |
| ROE | 5.4% | 3.4% | -7.1% | 1.7% | 13.9% |
| EBITDA margin | n/a | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a | n/a |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.48M | €1.69M | €1.76M | €2.36M | €2.71M |
| Fixed assets | 21/28 | €0 | €30k | €30k | €82k | €2.12M |
| Formation expenses | 20 | - | - | - | - | €0 |
| Intangible fixed assets | 21 | - | - | - | - | €0 |
| Financial fixed assets | 28 | €0 | €30k | €30k | €82k | €2.12M |
| Current assets | 29/58 | €1.48M | €1.66M | €1.73M | €2.28M | €2.10M |
| Stocks & contracts in progress | 3 | - | - | €0 | €619k | €488k |
| Amounts receivable within one year | 40/41 | €1.47M | €1.66M | €1.59M | €1.59M | €1.58M |
| Investments | 50/53 | - | - | - | - | €0 |
| Cash & bank | 54/58 | €4k | €4k | €137k | €18k | €106k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.48M | €1.69M | €1.76M | €2.36M | €2.71M |
| Equity | 10/15 | €1.36M | €1.62M | €1.57M | €1.68M | €1.94M |
| Contributions / capital | 10/11 | €1.23M | €1.57M | €1.57M | €1.57M | - |
| Reserves | 13 | €103k | €103k | €103k | €103k | €103k |
| Accumulated profits (losses) | 14 | €27k | €-46k | €-101k | €10k | €270k |
| Amounts payable | 17/49 | €120k | €68k | €188k | €680k | €773k |
| Amounts payable within one year | 42/48 | €119k | €68k | €188k | €679k | €765k |
| Trade debts payable within one year | 44 | €5k | €916 | €5k | €26k | €6k |
| Income statement | ||||||
| Gross operating margin | 9900 | €-33k | €-12k | €36k | €-14k | €460k |
| Operating result | 9901 | €-50k | €-13k | €-98k | €-15k | €312k |
| Financial income | 75 | €124k | €69k | €0 | €47k | €11k |
| Financial charges | 65 | €981 | €1k | €13k | €4k | €12k |
| Result before taxes | 9903 | €73k | €55k | €-111k | €28k | €301k |
| Income taxes | 67/77 | - | - | - | €0 | €225 |
| Net result for the period | 9904 | €73k | €55k | €-111k | €28k | €301k |
| Result to be appropriated | 9905 | €73k | €55k | €-111k | €28k | €301k |
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 08-05-2015 |
| Status | Active |
| Postal code | 8550 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0046/00X006 | Flanders | 762 m² | 1 · 238 m² | 11.4 m · 1 fl. |
| 34042A0558/00L005 | Flanders | 350 m² | - | - |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
20-03-2024 Registered office moved
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "De zetel van de vennootschap is gevestigd in het Vlaamse Gewest.",
"city": null,
"region": null,
"street": null,
"country": "BE",
"postcode": null,
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"old_address": {
"raw": "Gentsesteenweg(Kor) 204 : 8500 Kortrijk",
"city": "Kortrijk",
"region": "vlaams_gewest",
"street": "Gentsesteenweg",
"country": "BE",
"postcode": "8500",
"box_number": null,
"street_number": "204",
"locality_suffix": "(Kor)"
},
"effective_date": null,
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Lien Galle",
"firm_city": null,
"firm_name": "Notaris Lien Galle",
"office_city": "Kortrijk",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-20",
"filing_date": "2024-03-18",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-06-28",
"unanimous": true
},
"subject_company": {
"kbo": "0629.898.994",
"name_full": "GROUP APART",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Kantoor Rechtszekerheid Kortrijk",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"uitgifte van de akte van 28 juni 2023",
"geco\u00F6rdineerde tekst van de statuten",
"bijzonder verslag van het bestuursorgaan aangaande de wijziging van het voorwerp van de vennootschap"
]
}| Legal nameNL | Alta Lys |
| Legal nameNL | GROUP APART |