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Antalis

Active
Public limited companyfounded 1931active for 95 yearsLouizalaan 486, 1050 Elsene, BelgiumKBO/BCE: BE 0403.510.595
Summary

The computed 12-month bankruptcy probability of Antalis is 1.7% (moderate). The 2024 annual accounts show equity of €4.0m and a net result of €107,148. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 54% of 6,129 sector peers (NACE 46, financial year 2024). The company has been active since 1931 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale trade
NACE 46492Manufacture of paper and paper products NACE 17230
#1 oldest company in Elsene, Wholesale and retail trade sector1 site
Size
€30.3mturnover 2024
Staff
47.2 FTE
Equity
€4.0m
Profit
€107,148
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.7%
Structure
Parent
ANTALIS
Auditor: ERNST AND YOUNG EXPERTS COMPTABLES - ERNST AND YOUNG ACCOUNTANTSAccounts 71 days overdue
Why 54raises riskFigures for financial year 2024 (filed 28-01-2026)1 financial year not filed after the legal deadline; latest accounts 180 days late; 2 of the last 3 lateLiquidity: current ratio 2.92, cash €310,610lowers riskFounded in 1931Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 34% of its sector peers (NACE 46, small)
Financial strength · tick = 2023
Weak
Solvency 70+13
equity 45.2% of total assets
Liquidity 40+14
short-term debt 33.6% · cash 3.5%
Profitability 20+1
return on assets 1.2%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,382 companies, NACE 46, small)
Last 24 months 11-2024: 2.0% 12-2024: 2.2%▲ +0.2 percentage points vs 11-2024 01-2025: 0.6%▼ -1.6 percentage points vs 12-2024 02-2025: 0.5%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.5%● unchanged vs 03-2025lowest value 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 1.0%▲ +0.4 percentage points vs 07-2025 09-2025: 1.2%▲ +0.2 percentage points vs 08-2025 10-2025: 1.8%▲ +0.6 percentage points vs 09-2025 11-2025: 1.9%▲ +0.1 percentage points vs 10-2025 12-2025: 2.2%▲ +0.3 percentage points vs 11-2025 01-2026: 4.0%▲ +1.8 percentage points vs 12-2025highest value 02-2026: 0.7%▼ -3.3 percentage points vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.6%▼ -0.1 percentage points vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 1.2%▲ +0.1 percentage points vs 08-2026 10-2026: 1.7%▲ +0.5 percentage points vs 09-2026
Credit of up to €210,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 2.92, compared with 1.95 in 2023; short-term debt: 33.6% and cash: 3.5% of total assets), but 54.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, small): better than 53% on solvency, 44% on liquidity, 13% on profitability and 28% on growth.

The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk
raises risk · Figures for financial year 2024 (filed 28-01-2026)
NBB · annual accounts
lowers risk · Founded in 1931
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 180 days late; 2 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 2.92, cash €310,610
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-01-2026, 180 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
180 days late
2023
145 days late
2022
55 days early
2021
19 days early
2020
3 days early
2019
150 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 66 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Reappointment: ERNST AND YOUNG EXPERTS COMPTABLES…Gazette deed
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Positive: Oldest company in Elsene, Wholesale and retail trade…in the Checked rankings #1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Controlled by ANTALISknown shareholders 100% parent View
  • Active since 1931founded 21-03-1931 95 years View

By topic

Financials

Financial year
2024
Turnover
€30.3m
Profit
€107,148
Solvency
45.2%
Turnover▼ 16.9%
Net result
20182024
Go to Financials

Board & ownership

Board
3 members
Parent
ANTALIS
Known shareholders
100%
Auditor
ERNST AND YOUNG EXPERTS…
  • Dominique PasqualiniDirector
  • Pierre-Michel BessonDirector
  • Thierry GriselinManaging director
Go to Board & ownership

Timeline

Events
82
Since
1978
  1. 06-06-2023Annual accounts filed
  2. 31-12-2022Back to profit
  3. 31-12-2022Liquidity more than doubles
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46492
Founded
21-03-1931
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Alle bewerkingen in verband met de handel, het bewerken of het verwerken van papier…
Go to Articles of association

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