ALTIS
ActiveSummary
For ALTIS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €345k and a net result of €53k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 51% of 124 sector peers (fiscal year 2023). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability82▼-2
Solvency60▲+7
Growth85=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Sector 87
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2023Solvency, return and age of the figures
Solvency
34.6%
Return on assets
5.3%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-07-2024, 27 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
27 d early
2022
9 d late
2021
33 d late
2020
2 d late
2019
70 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€572k▲ 18.6%
2022 · €482k
2018: €94k
2019: €505k
2020: €619k
2021: €497k
2022: €482k
2018 → 2023
EBIT margin
10.8%▼ 3.9pp
2022 · 14.7%
2018: 43.9%
2019: 3.2%
2020: 1.1%
2021: 6.4%
2022: 14.7%
2018 → 2023
Net result
€53k▼ 7.6%
2022 · €57k
2018: €16k
2019: €10k
2020: €-231
2021: €25k
2022: €57k
2018 → 2023
Working capital
€361k▲ 17.4%
2022 · €307k
2018: €257k
2019: €277k
2020: €403k
2021: €294k
2022: €307k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€505k-€619k▲ 22.5%€497k▼ 19.6%€482k▼ 3.1%€572k▲ 18.6%
Equity€211k-€211k▼ 0.1%€235k▲ 11.7%€292k▲ 24.2%€345k▲ 18.0%
Operating result€16k-€7k▼ 57.0%€32k▲ 361%€71k▲ 122%€62k▼ 12.7%
Net result€10k-€-231€25k€57k▲ 132%€53k▼ 7.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 13% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €990k
Fixed assets
€523k ▼ 5.0%
Current assets
€467k ▼ 6.0%
Equity and liabilities €998k
Equity
€345k ▲ 18.0%
Provisions
€76k =
Debt
€577k ▼ 16.1%
Debt's share of the balance-sheet total falls from 65.2% to 57.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€109k▼
2022 · €128k
Cash flow
€100k▼
2022 · €114k
Current ratio
4.39▲
2022 · 2.62
Debt to equity
1.67▼
2022 · 2.36
ROE
15.3%▼
2022 · 19.5%
ROA
5.3%▼
2022 · 5.4%
Interest coverage
10.66▲
2022 · 9.14
Debt ≤ 1 year
€106k▼
2022 · €190k
Debt > 1 year
€468k▼
2022 · €497k
Income taxes
€410
Staff costs
€632k▲
2022 · €448k
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 · 2023 against 2022 · 48 lines
Balance sheet
Code20222023
Assets
Total assets20/58€1.06M€998k▼
Formation expenses20€9k€8k▼
Fixed assets21/28€551k€523k▼
Tangible fixed assets22/27€551k€523k▼
Land and buildings22€548k€518k▼
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€2k€1k▼
Current assets29/58€497k€467k▼
Amounts receivable within one year40/41€170k€159k▼
Other amounts receivable41€170k€159k▼
Current investments50/53€11k€13k▲
Cash at bank and in hand54/58€314k€291k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€998k▼
Equity10/15€292k€345k▲
Profit (loss) carried forward14€292k€345k▲
Provisions and deferred taxes16€76k€76k=
Provisions for liabilities and charges160/5€76k€76k=
Pensions and similar obligations160-€76k
Environmental obligations163€76k-
Amounts payable17/49€688k€577k▼
Amounts payable after more than one year17€497k€468k▼
Financial debts170/4€476k€445k▼
Other amounts payable178/9€21k€22k▲
Amounts payable within one year42/48€190k€106k▼
Current portion of amounts payable after more than one year42€30k€30k▲
Trade debts44€106k€32k▼
Suppliers440/4€106k€32k▼
Taxes, remuneration and social security45€54k€44k▼
Remuneration and social security454/9€54k€44k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20222023
Turnover70€482k€572k▲
Goods, raw materials, services and sundry goods60/61€151k€149k▼
Remuneration, social security and pensions62€448k€632k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€47k▼
Other operating charges640/8€3k€5k▲
Gross operating margin9900€629k€747k▲
Operating profit (loss)9901€71k€62k▼
Financial income75/76B€50€1k▲
Recurring financial income75€50€1k▲
Financial charges65/66B€14k€10k▼
Recurring financial charges65€14k€10k▼
Profit (loss) for the period before taxes9903€57k€53k▼
Income taxes67/77-€410
Profit (loss) for the period9904€57k€53k▼
Profit (loss) for the period to be appropriated9905€57k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€292k€345k▲
Profit (loss) brought forward from the previous period14P€235k€292k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial
Highest result since 2018net €57k ▲132%
Operating result €71k, net result €57k, both a record.
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 33 days late
2021
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 2 days late
2020
31-12
Financial
Weakest financial yearnet €-231 ▼102%
Net result drops to €-231, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 70 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Huy · 1 establishment unit since 2008
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.
Rue des Trois-Ponts 24500 HuyGround area
1.9 ha
Building footprint
693 m²
Parcel 61031C0328/00R000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Hébergements protégés de Huy
since 20082.196.774.341
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61031C0328/00R000 | Wallonia | 1.9 ha | 1 · 692 m² | - |
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.
Similar companies · same sector, comparable size
Beschut Wonen Nieuwe Thuis
BE 0450.829.868
Ganshoren · Eq €364k
Festina Lente
BE 0451.693.366
Elsene · Eq €420k
Association pour la Création et la gestion d'Habitations protégées dans la Haute-Meuse
BE 0458.066.365
Hastière · Eq €481k
Beschut Wonen Kohesi
BE 0451.932.995
Heusden-Zolder · Eq €615k
Huize Jan De Wachter
BE 0451.562.021
Ganshoren · Eq €190k
Of 49 companies in sector 87205 we hold annual accounts for 39. 32 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 formNon-profit association
Founded06-01-1995
Fiscal year end31-12
Activities, NACEBEL 2025
87205Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.