Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
ALTAFIN from Brugge, company number BE0836037654, closed financial year 2025 with a result of € 4,341 after tax. For that financial year ALTAFIN recorded a gross margin of € 14,945 and equity of € -319,886. Compared with financial year 2024, the result moved from € 18,404 to € 4,341. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ -319,886
▲ € 4,341 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,341
▼ 76% vs 2024
Profit after tax over the fiscal year.
€ 11,449
▲ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -584,886.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 175,000
Loans from banks and other lenders, long and short.
€ 304
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 135
▼ 93% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,314 | € 20,720 | € 27,548 | € 14,945 | ▼ 46% |
| Profit after taxes | € 3,208 | € 9,645 | € 18,404 | € 4,341 | ▼ 76% |
| Equity | € -352,276 | € -342,631 | € -324,227 | € -319,886 | ▲ € 4,341 |
| Total debts | € 375,472 | € 363,045 | € 332,621 | € 333,578 | |
| Cash | € 4,306 | € 1,436 | € 6,476 | € 11,449 | ▲ 77% |
| Retained profit | € -617,276 | € -607,631 | € -589,227 | € -584,886 | ▲ € 4,341 |
| Bank debt | € 175,000 | € 175,000 | € 175,000 | € 175,000 | |
| Balance sheet total | € 23,196 | € 20,414 | € 8,394 | € 13,692 | ▲ 63% |
Key figures of ALTAFIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to ALTAFIN?
What happened at ALTAFIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,341 (▼ 76% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Christian Louwagie became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3,208 profit in 2022 to € 4,341 profit in 2025.
Paid € 1 in corporate taxes since 2022.
Best year ever: 2024, with € 18,404 profit.
A new publication or filing at ALTAFIN? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Christian Louwagie
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Houtkaai 38
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0836.037.654
- VAT number
- BE 0836.037.654
- Registered office
- Houtkaai 38, 8000 Brugge
- Names & denominations
- ALTAFIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 2011
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
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