AL-BA CONCEPT
Open bankruptcyA bankruptcy procedure is open for AL-BA CONCEPT according to publications in the Belgian State Gazette; curator: VINCENT TERLINDEN. The 2023 annual accounts show negative equity (€-12k) and a net result of €-16k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-10-2024, 82 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
82 d late
2022
55 d late
2021
58 d late
2020
61 d late
2019
106 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-12k
2022 · €4k
2018: €-7k
2019: €19k
2020: €36k
2021: €16k
2022: €4k
2018 → 2023
Total assets
€195k▲ 177%
2022 · €70k
2018: €40k
2019: €99k
2020: €133k
2021: €56k
2022: €70k
2018 → 2023
Net result
€-16k▼ 33.5%
2022 · €-12k
2018: €-18k
2019: €25k
2020: €17k
2021: €-20k
2022: €-12k
2018 → 2023
Working capital
€-12k
2022 · €2k
2018: €-11k
2019: €62k
2020: €47k
2021: €15k
2022: €2k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€19k-€36k▲ 93.3%€16k▼ 56.5%€4k▼ 76.4%€-12k
Operating result€30k-€29k▼ 4.4%€-21k€-10k▲ 51.9%€-14k▼ 35.3%
Net result€25k-€17k▼ 31.3%€-20k€-12k▲ 41.2%€-16k▼ 33.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2023 against €10k in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €195k
Fixed assets
€729▼ 47.8%
Current assets
€194k▲ 182%
Key figures and ratios
EBITDA
€-13k▼
2022 · €-10k
Cash flow
€-15k▼
2022 · €-11k
Solvency
-6.3%▼
2022 · 5.2%
Current ratio
0.94▼
2022 · 1.03
Quick ratio
0.94▼
2022 · 1.03
Debt / equity
-16.86▼
2022 · 18.07
ROA
-8.2%▲
2022 · -17.0%
Interest coverage
-9.15▼
2022 · -2.92
Debt
€207k▲
2022 · €67k
Debt ≤ 1 year
€206k▲
2022 · €67k
Income taxes
€2k▲
2022 · €154
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€70k€195k▲
Fixed assets21/28€1k€729▼
Tangible fixed assets22/27€1k€729▼
Plant, machinery and equipment23€421€164▼
Furniture and vehicles24€975€566▼
Current assets29/58€69k€194k▲
Amounts receivable within one year40/41€63k€191k▲
Trade receivables40€36k€159k▲
Other amounts receivable41€27k€32k▲
Cash at bank and in hand54/58€4k€3k▼
Deferred charges and accrued income490/1€2k€285▼
Equity and liabilities
Total equity and liabilities10/49€70k€195k▲
Equity10/15€4k€-12k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€4k€4k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€2k€2k=
Profit (loss) carried forward14€-6k€-22k▼
Amounts payable17/49€67k€207k▲
Amounts payable within one year42/48€67k€206k▲
Current portion of amounts payable after more than one year42€2k-
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€39k€179k▲
Suppliers440/4€39k€179k▲
Taxes, remuneration and social security45€82-
Taxes450/3€82-
Other amounts payable47/48€25k€25k=
Accrued charges and deferred income492/3-€711
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€511€667▲
Other operating charges640/8€4k€8k▲
Gross operating margin9900€-5k€-5k▲
Operating profit (loss)9901€-10k€-14k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€-12k€-14k▼
Income taxes67/77€154€2k▲
Profit (loss) for the period9904€-12k€-16k▼
Profit (loss) for the period to be appropriated9905€-12k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-22k▼
Profit (loss) brought forward from the previous period14P-€-6k
Transfer from equity791/2€6k-
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL AL-BA CONCEPT R. DE LA BELLE AU BOIS DORMANT 29/27, 1080 MOLENBEEK-SAINT-JEAN · event 18-04-2025
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
24-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 55 days late
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-12
Financial
Weakest financial yearnet €-20k ▼217%
Net result drops to €-20k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 106 days late
2019
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 3.59
Current ratio from 0.65 to 3.59; short-term debt falls from €31k to €24k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 53 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2016
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.
Schoonslaapsterstraat 291080 Sint-Jans-MolenbeekGround area
2,097 m²
Building footprint
1,133 m²
Volume, LiDAR
16,246 m³
Parcel 21524C0064/00F008, Brussels · tallest building 21.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Schoonslaapsterstraat 29, 1080 Sint-Jans-Molenbeek
since 20162.251.940.419
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0064/00F008 | Brussels | 2,097 m² | 1 · 1,133 m² | 21.9 m · 5 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VINCENT TERLINDEN Avenue Louise 349/16,
1050 IXELLES |
18-04-2025 → present |
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Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 2,188 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2016
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.