Altrad Services
ActiveSummary
Altrad Services has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41.2m and a net result of €9.2m. Equity has been growing by about 6.1% per year since 2019. Its solvency ranks better than 43% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Official details
Source: KBO- Status
- Active Normal situation
- Activity
- Other construction installation NACE 43240and 3 others
- Joint committees
- 124 Paritair Comité voor het bouwbedrijf
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-08-2025
- Establishment units
- 2.006.257.334 9130 Beveren-Kruibeke-Zwijndrecht, since 01-06-1950
- 2.297.369.873 7170 Manage, since 01-04-2016and 2 others
- Financial year end
- 31 August
- Peppol
- Reachable
Board and ownership
- Altrad Logistics Benelux nvDirector · since 07-12-2020
- DIMMDirector · permanent representative Myriam Daenen
- Auditor
- Grant Thornton bedrijfsrevisoren
- Altrad Logistics Benelux54.99%· score 88annual accounts 31-08-2025
- Altrad Investment Authorityconsolidatesannual accounts 31-08-2025
- Hertel Beheer BV45%annual accounts 31-08-2025
- Holdings
- Shares in 1 company REMOVE INSUL
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Turnover
- €172.0m
- ▲ 3.3%
- Profit
- €9.2m
- ▲ 39.7%
- Equity
- €41.2m
- ▲ 29.0%
- Total assets
- €108.4m
- ▲ 21.2%
- Employees on 31-08-2025
- 1,144
- ▲ 3.8%
Score breakdownraises risk1 change of registered office in 24 monthsLiquidity: current ratio 2.51, cash €3,301Sector: Specialised construction activities (NACE 43)lowers riskSize: turnover €172.0m, 1,098.5 FTE, total assets €108.4mShow the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 43, large). It does better than 88% of them on solvency, 66% on liquidity, 69% on profitability and 56% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 45 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Largest employer in East Flanders, Specialised construction sectorin the Checked rankings No. 1 View
- Positive: 5 years of growth in a rowturnover 2025: €172.0m 5 years View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Board changedlatest change 17-03-2026 · 2 in office 1 joined · 1 left View
- Positive: Result rose in 2025from €6.6m to €9.2m ▲ 39.7% View
- Flemish supportawarded from 2022 to 2025 €116,597 View
Recent changes
- · Gazette deed Resignation: BESTco Solutions BV (director)Appointment: DImm BV (director)
- · Gazette deed Registered office moved within Beveren-Kruibeke-ZwijndrechtReappointment: Grant Thornton bedrijfsrevisoren (statutory auditor) · Resignation: Dimm BV (director) · Permanent representatives: Daenen Myriam, Steven Beyers and Breyne Patrick
- · Gazette deed Reappointment: BV Grant Thornton bedrijfsrevisoren (statutory auditor)
Comparable companies
These companies have the same main activity as Altrad Services: other construction installation (NACE 43240). They are comparable in size and age: total assets between €37m and €142m, founded between 1938 and 1992.
| Company | Total assets | Turnover |
|---|---|---|
| Altrad Services Beveren-Kruibeke-Zwijndrecht | €108.4m | €172.0m |
| KONE BELGIUM Brussel | €99.8m | €165.1m |
| SCHINDLER Drogenbos | €142.0m | €92.2m |
| TECHNORD BELGIUM Tournai | €51.4m | €97.2m |
| TK Elevator Belgium Brussel | €61.7m | €59.1m |
| OTIS Dilbeek | €122.3m | €57.7m |
| TECHNICAL EQUIPMENT MAINTENANCE-TECHNILIFT Sint-Joost-ten-Node | €36.9m | €42.2m |
Key facts about Altrad Services
- What is the company number of Altrad Services?
- The company number of Altrad Services is 0404.000.446. The VAT number is the same number with BE in front: BE 0404.000.446.
- Where is Altrad Services based?
- The registered office is at Havinkbeekstraat(VER) 9, 9130 Beveren-Kruibeke-Zwijndrecht.Company details
- What does Altrad Services do?
- According to the KBO register, the main activity is other construction installation (NACE 43240).
- What is the legal form of Altrad Services?
- The legal form of Altrad Services is Public limited company (NV).
- When was Altrad Services founded?
- Altrad Services was founded on 01-01-1968.
- Is Altrad Services still active?
- Yes, Altrad Services is an active enterprise in the KBO register.
- How many employees does Altrad Services have?
- Altrad Services had an average of 1,098.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Altrad Services fall under?
- In its 31-08-2025 annual accounts, Altrad Services states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of Altrad Services?
- The turnover of Altrad Services was €172.0m in financial year 2025, according to the filed annual accounts.
- Is Altrad Services profitable?
- In financial year 2025, Altrad Services made a profit of €9.2m.
- Where can I find the annual accounts of Altrad Services?
- Altrad Services filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Altrad Services due?
- Altrad Services must file the annual accounts for financial year 2026 by 31-03-2027.Timeline
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