Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
ALTRO FINANCE & INSURANCE BELGIUM from Mont-Saint-Guibert, company number BE0894334951, closed financial year 2024 with a result of € -14.9 million after tax. For that financial year ALTRO FINANCE & INSURANCE BELGIUM recorded revenue of € 19,138 and equity of € 1.4 million. Compared with financial year 2023, the result moved from € -638,179 to € -14.9 million. The company made a loss. The buffer shrank hard: equity is 92 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2025.
€ 1.4 million
▼ 92% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14.9 million
▼ 2240 % more loss than in 2023
Profit after tax over the fiscal year.
€ 7,889
▲ € 7,852 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -59.7 million.
Debts at end 2024
€ 8.4 million
▲ 5% vs 2023
€ 7.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 817,935
▲ 142% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 345 days on average.
€ 95,752
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 171,667 | € 36,018 | € 22,109 | € 19,138 | ▼ 13% |
| Profit after taxes | € -11,974,628 | € -4,423,181 | € -638,179 | € -14,930,507 | ▼ € 14.3 million |
| Equity | € 21,353,298 | € 16,930,117 | € 16,291,938 | € 1,361,432 | ▼ 92% |
| Total debts | € 15,670,842 | € 18,949,022 | € 18,505,345 | € 19,363,713 | ▲ 5% |
| Cash | € 19,842 | € 1,061 | € 37 | € 7,889 | ▲ € 7,852 |
| Retained profit | € -39,682,641 | € -44,105,822 | € -44,744,001 | € -59,674,507 | ▼ € 14.9 million |
| Bank debt | € 7,353,086 | € 7,852,517 | € 7,985,280 | € 8,389,313 | ▲ 5% |
| Balance sheet total | € 37,024,141 | € 35,879,139 | € 34,797,283 | € 21,206,145 | ▼ 39% |
| Employees (FTE) | 1.1 | - | - | - |
Key figures of ALTRO FINANCE & INSURANCE BELGIUM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ALTRO FINANCE & INSURANCE BELGIUM?
What happened at ALTRO FINANCE & INSURANCE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SNC Dominique Dejean stepped down as director. NBB
- Thaumalo SRL stepped down as director. NBB
- Altro Finance & Insurance SA stepped down as director. NBB
- Eric Vandoren stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 14.9 million. Source: NBB ↗
- Camille D'Hulst stepped down as director. NBB
- Camille D'Hulst became a director. NBB
- Thaumalo SRL became a director. NBB
In short
From € 12 million loss in 2021 to € 14.9 million loss in 2024.
Paid € 276 in corporate taxes since 2021.
Management
It owns 100% of Wilink Real Estate , 100% of Altro W. Lux SA, 100% of Elitis Real Estate, 100% of Altro Financial Solutions SA, 50% of Ingenia Advice and 43% of COPAWIN SA itself.
Directors
According to the 2024 annual accounts
Chairman of the board · represented by Dominique Dejean
Also active at: ALTRO FINANCIAL SOLUTIONS, Elitis Property Management, COPAWIN, PRODEFIN, Wilink Real Estate, BELINDA HOLDINGS
since 2020 · until 2029
since 2023 · until 2029
Altro Finance & Insurance SA
Director · represented by Christian Hansen
Also active at: Ingenia Advice
since 2023 · until 2029
since 2020 · until 2029
Camille D'Hulst
Director
since 2024 · until 2024
Establishments
Establishment units
Physical locations of this company
Rue Emile Francqui 6
1435 Mont-Saint-Guibert
Boulevard Baudouin 1er 25
1348 Ottignies-Louvain-la-Neuve
Active since 20 December 2007
Rijvisschestraat 124
9052 Gent
Active since 26 January 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →DERONGY
€ 99,503 gross margin · 2025
3L INTERNATIONAL
€ 221,227 gross margin · 2025
EXYRO same network
€ 572,448 gross margin · 2025
SYNERGIA MEDICAL
€ -3.1 million gross margin · 2025
DIGITEAL
€ 385,953 gross margin · 2025
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0894.334.951
- VAT number
- BE 0894.334.951
- Registered office
- Rue Emile Francqui 6, 1435 Mont-Saint-Guibert
- Names & denominations
- ALTRO FINANCE & INSURANCE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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