ALTRAD BENELUX
ActiveSummary
ALTRAD BENELUX has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.92M and a net result of €556k. Equity is shrinking by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-9
Solvency64▲+18
Growth56▼-3
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 0.99 in 2024; short-term debt: 60.8% and cash: 0.9% of total assets), and 60.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.2%
Return on assets
5.6%
Age of the figures
13 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 03-03-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
70 d early
2023
34 d early
2022
on the day
2021
34 d early
2020
68 d early
2019
23 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-08-2026 close24-09-2026 today31-03-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€22.64M▼ 4.6%
2024 · €23.72M
2020: €16.94M
2021: €19.49M
2022: €20.42M
2023: €18.91M
2024: €23.72M
2020 → 2025
EBIT margin
3.2%▼ 5.3pp
2024 · 8.5%
2020: 4.1%
2021: 12.2%
2022: 11.3%
2023: 11.1%
2024: 8.5%
2020 → 2025
Net result
€556k▼ 64.6%
2024 · €1.57M
2020: €473k
2021: €1.77M
2022: €1.75M
2023: €1.50M
2024: €1.57M
2020 → 2025
Working capital
€1.02M
2024 · €-167k
2020: €4.09M
2021: €5.80M
2022: €6.90M
2023: €7.10M
2024: €-167k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€19.49M-€20.42M▲ 4.8%€18.91M▼ 7.4%€23.72M▲ 25.5%€22.64M▼ 4.6%
Equity€7.54M-€9.29M▲ 23.3%€10.80M▲ 16.2%€3.87M▼ 64.2%€3.92M▲ 1.4%
Operating result€2.37M-€2.30M▼ 3.0%€2.09M▼ 9.0%€2.01M▼ 4.1%€727k▼ 63.8%
Net result€1.77M-€1.75M▼ 0.8%€1.50M▼ 14.2%€1.57M▲ 4.3%€556k▼ 64.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 64% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.01M
Fixed assets
€2.90M ▼ 28.1%
Current assets
€7.11M ▼ 51.7%
Equity and liabilities €10.01M
Equity
€3.92M ▲ 1.4%
Provisions
€0 ▼ 100%
Debt
€6.09M ▼ 59.1%
Debt's share of the balance-sheet total falls from 79.4% to 60.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.61M▼
2024 · €2.90M
Cash flow
€1.44M▼
2024 · €2.46M
Current ratio
1.17▲
2024 · 0.99
Quick ratio
0.57▼
2024 · 0.71
Debt to equity
1.55▼
2024 · 3.85
ROE
14.2%▼
2024 · 40.6%
ROA
5.6%▼
2024 · 8.4%
Interest coverage
15.27▼
2024 · 36.89
Debt ≤ 1 year
€6.09M▼
2024 · €14.89M
Income taxes
€215k▼
2024 · €534k
Staff costs
€1.59M▼
2024 · €1.69M
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 · 76 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18.76M€10.01M▼
Fixed assets21/28€4.04M€2.90M▼
Tangible fixed assets22/27€4.03M€2.90M▼
Plant, machinery and equipment23€107k€92k▼
Furniture and vehicles24€37k€78k▲
Other tangible fixed assets26€3.89M€2.73M▼
Financial fixed assets28€9k€4k▼
Other financial fixed assets284/8€9k€4k▼
Shares284€9k-
Amounts receivable and cash guarantees285/8-€4k
Current assets29/58€14.73M€7.11M▼
Stocks and contracts in progress3€4.11M€3.62M▼
Stocks30/36€4.11M€3.62M▼
Goods purchased for resale34€4.11M€3.62M▼
Amounts receivable within one year40/41€10.48M€3.38M▼
Trade receivables40€3.19M€3.34M▲
Other amounts receivable41€7.29M€40k▼
Cash at bank and in hand54/58€138k€89k▼
Deferred charges and accrued income490/1€106€24k▲
Equity and liabilities
Total equity and liabilities10/49€18.76M€10.01M▼
Equity10/15€3.87M€3.92M▲
Contributions10/11€182k€182k=
Capital10€182k€182k=
Issued capital100€182k€182k=
Reserves13€3.69M€3.74M▲
Non-distributable reserves130/1€19k€19k=
Legal reserve130€19k€19k=
Distributable reserves133€3.67M€3.72M▲
Provisions and deferred taxes16€2k-
Provisions for liabilities and charges160/5€2k-
Other liabilities and charges164/5€2k-
Amounts payable17/49€14.89M€6.09M▼
Amounts payable within one year42/48€14.89M€6.09M▼
Trade debts44€4.46M€4.23M▼
Suppliers440/4€4.46M€4.23M▼
Taxes, remuneration and social security45€1.93M€1.35M▼
Taxes450/3€1.51M€1.03M▼
Remuneration and social security454/9€427k€324k▼
Other amounts payable47/48€8.50M€502k▼
Accrued charges and deferred income492/3-€277
Income statement
Code20242025
Operating income70/76A€23.79M€22.70M▼
Turnover70€23.72M€22.64M▼
Other operating income74€67k€68k▲
Operating charges60/66A€21.78M€21.98M▲
Goods for resale, raw materials and consumables60€16.01M€15.42M▼
Purchases600/8€15.36M€14.93M▼
Change in stocks: decrease (increase)609€658k€496k▼
Services and other goods61€2.98M€2.89M▼
Remuneration, social security and pensions62€1.69M€1.59M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€896k€885k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€119k€-8k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-2k
Other operating charges640/8€91k€77k▼
Non-recurring operating charges66A-€1.12M
Operating profit (loss)9901€2.01M€727k▼
Financial income75/76B€175k€150k▼
Recurring financial income75€175k€150k▼
Income from current assets751€174k€150k▼
Other financial income752/9€780-
Financial charges65/66B€79k€106k▲
Recurring financial charges65€79k€106k▲
Other financial charges652/9€79k€106k▲
Profit (loss) for the period before taxes9903€2.10M€771k▼
Income taxes67/77€534k€215k▼
Taxes670/3€574k€215k▼
Tax adjustments and reversals of tax provisions77€40k-
Profit (loss) for the period9904€1.57M€556k▼
Profit (loss) for the period to be appropriated9905€1.57M€556k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.57M€556k▼
Transfer from equity791/2€6.93M-
From reserves792€6.93M-
Transfer to equity691/2-€54k
To other reserves6921-€54k
Profit to be distributed694/7€8.50M€502k▼
Return on contributions (dividend)694€8.50M€502k▼
Social balance
Average headcount (FTE)908722.221.5▼
The notes to these accounts (46 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
State Gazette act
Capital & sharesSole-shareholder declaration2 facts ▸
State Gazette act
Capital & shares
Sole-shareholder declaration2 facts ▸
- Board meeting, 15/06/2026
- Sole-shareholder declaration, Vaststelling van de vereniging van alle aandelen in één hand: Altrad Investment Authority SAS houdt alle aandelen van Altrad Benelux NV.
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-08
Financial
Equity above €10MEq €10.80M ▲16.2%
4 profitable years in a row build equity to €10.80M.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
Financial
Highest result since 2020net €1.77M ▲273%
Operating result €2.37M, net result €1.77M, both a record.
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 23 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 127 days late
2018
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Boortmeerbeek · 1 establishment unit since 2003
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.
Industrieweg 113190 BoortmeerbeekGround area
2.8 ha
Building footprint
1.1 ha
Parcel 24014C0081/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Industrieweg 11, 3190 Boortmeerbeek
since 20032.131.830.168
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24014C0081/00D000 | Flanders | 2.8 ha | 1 · 1.1 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 · 285 EUR awarded · 285 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 285 EUR | 285 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 388 companies in sector 46630 we hold annual accounts for 276. 166 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 formPublic limited company
Founded09-12-1999
Fiscal year end31-08
Activities, NACEBEL 2025
30990Manufacture of other transport equipment
46630Wholesale trade
46610Wholesale trade
46620Wholesale of machine tools
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.