ALTEBRA WAREGEM

Active

Private limited companyfounded 20242 yrs activeTextielstraat 34, 8790 Waregem, BelgiumKBO/BCE: BE 1005.498.931

Summary

The computed 12-month bankruptcy probability of ALTEBRA WAREGEM is 1.6% (moderate). The 2025 annual accounts show equity of €2.72M and a net result of €902k. Its solvency ranks better than 48% of 150 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

56 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability77▼-17

Solvency67▲+1

Growth78

Track record82

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €150k at 30 days only on tighter terms

Liquidity tight (current ratio 1.47 against 1.7 in 2024; short-term debt: 55.9% and cash: 0.1% of total assets), and 58.2% of the assets are financed with debt.

How do we compute the score and the probability?

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

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 33

Relative position

BE, all sectors

reference

Sector 33

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

41.8%

Return on assets

13.9%

Age of the figures

9 mo

Filed after the deadline

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. 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 · 2 filings

Deviation from the deadline

2025

31 d late

2024

15 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, full schema

Turnover

€13.75M

EBIT margin

8.6%

Net result

€902k▲ 1.4%

2024 · €890k

2024: €890k

2024 → 2025

Working capital

€1.71M▼ 0.5%

2024 · €1.72M

2024: €1.72M

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Turnover€13.75M

Equity€1.82M-€2.72M▲ 49.5%

Operating result€1.12M-€1.18M▲ 5.8%

Net result€890k-€902k▲ 1.4%

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 6% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €6.51M

17.9%

82.1%

Fixed assets €1.17M ▲ 274%

Current assets €5.35M ▲ 27.9%

Equity and liabilities €6.51M

41.8%

58.2%

Equity €2.72M ▲ 49.5%

Debt €3.79M ▲ 41.9%

Debt's share of the balance-sheet total falls from 59.4% to 58.2%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€1.31M▲

2024 · €1.31M

Cash flow

€1.03M▼

2024 · €1.09M

Current ratio

1.47▼

2024 · 1.70

Quick ratio

1.02▼

2024 · 1.39

Debt to equity

1.39▼

2024 · 1.46

ROE

33.1%▼

2024 · 48.9%

ROA

13.9%▼

2024 · 19.8%

Interest coverage

62.14▲

2024 · 34.68

Debt ≤ 1 year

€3.64M▲

2024 · €2.46M

Debt > 1 year

€43k▼

2024 · €108k

Income taxes

€315k▼

2024 · €330k

Staff costs

€2.76M▼

2024 · €3.28M

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 77 lines

Balance sheet Code20242025

Assets

Total assets20/58€4.49M€6.51M▲

Fixed assets21/28€311k€1.17M▲

Intangible fixed assets21€19k€20k▲

Tangible fixed assets22/27€292k€245k▼

Plant, machinery and equipment23€18k€46k▲

Furniture and vehicles24€274k€187k▼

Other tangible fixed assets26-€13k

Financial fixed assets28-€900k

Affiliated companies280/1-€900k

Participating interests280-€900k

Current assets29/58€4.18M€5.35M▲

Stocks and contracts in progress3€766k€1.65M▲

Stocks30/36€119k€117k▼

Goods purchased for resale34-€117k

Contracts in progress37€648k€1.53M▲

Amounts receivable within one year40/41€3.37M€3.68M▲

Trade receivables40€2.73M€3.51M▲

Other amounts receivable41€641k€175k▼

Cash at bank and in hand54/58€9k€5k▼

Deferred charges and accrued income490/1€32k€9k▼

Equity and liabilities

Total equity and liabilities10/49€4.49M€6.51M▲

Equity10/15€1.82M€2.72M▲

Contributions10/11€15k€15k=

Reserves13€22k€22k=

Tax-exempt reserves132€808€808=

Distributable reserves133€21k€21k=

Profit (loss) carried forward14€1.78M€2.69M▲

Amounts payable17/49€2.67M€3.79M▲

Amounts payable after more than one year17€108k€43k▼

Financial debts170/4€108k€43k▼

Credit institutions173-€43k

Amounts payable within one year42/48€2.46M€3.64M▲

Current portion of amounts payable after more than one year42€87k€66k▼

Financial debts43€142k€205k▲

Credit institutions430/8€142k€205k▲

Trade debts44€695k€1.56M▲

Suppliers440/4€695k€1.56M▲

Advances received on contracts in progress46€495k€656k▲

Taxes, remuneration and social security45€546k€425k▼

Taxes450/3€73k€74k▲

Remuneration and social security454/9€473k€351k▼

Other amounts payable47/48€500k€726k▲

Accrued charges and deferred income492/3€96k€105k▲

Income statement Code20242025

Operating income70/76A-€14.84M

Turnover70-€13.75M

Change in stocks of work in progress, finished goods and contracts in progress71-€886k

Other operating income74-€197k

Non-recurring operating income76A€16k€8k▼

Operating charges60/66A-€13.65M

Goods for resale, raw materials and consumables60-€8.87M

Purchases600/8-€8.87M

Change in stocks: decrease (increase)609-€2k

Services and other goods61-€1.86M

Remuneration, social security and pensions62€3.28M€2.76M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€195k€132k▼

Other operating charges640/8€24k€8k▼

Non-recurring operating charges66A€107k€28k▼

Gross operating margin9900€4.72M-

Operating profit (loss)9901€1.12M€1.18M▲

Financial income75/76B€140k€64k▼

Recurring financial income75€140k€64k▼

Income from current assets751-€2k

Other financial income752/9-€62k

Financial charges65/66B€38k€30k▼

Recurring financial charges65€38k€30k▼

Debt charges650-€21k

Other financial charges652/9-€9k

Profit (loss) for the period before taxes9903€1.22M€1.22M▼

Income taxes67/77€330k€315k▼

Taxes670/3-€315k

Profit (loss) for the period9904€890k€902k▲

Profit (loss) for the period to be appropriated9905€890k€902k▲

Appropriation of the result

Profit (loss) to be appropriated9906€2.28M€2.69M▲

Profit (loss) brought forward from the previous period14P€1.39M€1.78M▲

Profit to be distributed694/7€500k€0▼

Return on contributions (dividend)694€500k€0▼

Social balance

Average headcount (FTE)908727.930.3▲

The notes to these accounts (75 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 1Gazette 1Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

10-09

State Gazette act Permanent representative: Sven Vandewiele

Appointment: SOFINDEV MANAGEMENT NV. (director) · Registered-office move4 facts ▸

Board meeting, 04-08-2026
Registered-office move, Textielstraat 34 bus 31, 8790 Waregem
Permanent representative, Sven Vandewiele
Director appointment, SOFINDEV MANAGEMENT NV.

31-08

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 31 days late

2025

31-12

Financial Equity above €2MEq €2.72M ▲49.5%

2 profitable years in a row build equity to €2.72M.

16-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 director, no change since 2026

Sofindev Management NV

Director · since 02-09-2026 · Legal entity · perm. rep.: Sven Vandewiele

Current

02-09-2026 Appointed

Location & real-estate footprint

Registered office, Waregem · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Textielstraat 348790 Waregem

Ground area

1.7 ha

Parcel 34453F0322/00M000, Flanders. Linked by address, not a title deed.

1 establishment unit

Altebra Waregem BV

Textielstraat 34, 8790 WaregemRepair and maintenance of machinery

since 20242.355.179.301

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34453F0322/00M000	Flanders	1.7 ha	-	-

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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 177 EUR awarded · 177 EUR paid

Year	Entries	awarded	paid
2024	1	177 EUR	177 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 177 EUR · 177 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

8 categories

ALTEBRA WAREGEM BV37477

category D16, class 3 · category D18, class 5 · category D20, class 5 · category D5, class 1 · category P1, class 3 · category P2, class 1 · category P3, class 1 · category S1, class 1

decision 28-04-2026

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Of 1,225 companies in sector 33200 we hold annual accounts for 676. 230 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded31-01-2024

Fiscal year end31-12

Activities, NACEBEL 2025

33200Installation of industrial machinery and equipment

43221Plumbing work

33120Repair and maintenance of machinery

43211General electrical installation work

43222Installation of electric heating, air conditioning, cooling and ventilation

43320Joinery installation

74999Other professional, scientific and technical activities

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

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

Contact details

1 entry

Phone:056/671042

Enterprise