ALBA
ActiveSummary
ALBA has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €375k and a net result of €-206k. Equity is shrinking by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 41% of 691 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-3
Solvency53▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity short (current ratio 0.56 against 0.72 in 2023; short-term debt: 71.7% and cash: 20.3% of total assets), and 71.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Sector 87
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
28.3%
Return on assets
-15.5%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-206k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
51 d early
2022
35 d early
2021
32 d early
2020
46 d early
2019
66 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€3.38M
EBIT margin
1.0%
Net result
€-206k▼ 12.0%
2023 · €-183k
2018: €14k
2019: €-7k
2020: €-26k
2021: €-204k
2022: €-123k
2023: €-183k
2018 → 2024
Working capital
€-415k▼ 62.6%
2023 · €-256k
2018: €-139k
2019: €-49k
2020: €19k
2021: €-94k
2022: €-55k
2023: €-256k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.09M-€887k▼ 18.7%€764k▼ 13.9%€580k▼ 24.0%€375k▼ 35.4%
Operating result€-18k-€-195k▼ 992%€-115k▲ 41.2%€-168k▼ 46.7%€-185k▼ 9.8%
Net result€-26k-€-204k▼ 671%€-123k▲ 39.5%€-183k▼ 49.0%€-206k▼ 12.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €185k in 2024 against €168k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.32M
Fixed assets
€790k ▼ 5.5%
Current assets
€533k ▼ 18.2%
Equity and liabilities €1.32M
Equity
€375k ▼ 35.4%
Debt
€948k ▲ 4.6%
Debt's share of the balance-sheet total rises from 61.0% to 71.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-80k▼
2023 · €-61k
Cash flow
€-101k▼
2023 · €-76k
Current ratio
0.56▼
2023 · 0.72
Quick ratio
0.56▼
2023 · 0.71
Debt to equity
2.53▲
2023 · 1.56
ROE
-54.8%▼
2023 · -31.6%
ROA
-15.5%▼
2023 · -12.3%
Interest coverage
-3.82▲
2023 · -4.06
Debt ≤ 1 year
€948k▲
2023 · €906k
Income taxes
€171
Staff costs
€2.85M▲
2023 · €2.69M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.49M€1.32M▼
Fixed assets21/28€836k€790k▼
Intangible fixed assets21€2k€511▼
Tangible fixed assets22/27€834k€790k▼
Land and buildings22€700k€626k▼
Plant, machinery and equipment23€126k€156k▲
Furniture and vehicles24€9k€8k▼
Current assets29/58€651k€533k▼
Stocks and contracts in progress3€4k€4k▲
Stocks30/36€4k€4k▲
Amounts receivable within one year40/41€242k€252k▲
Trade receivables40€231k€245k▲
Other amounts receivable41€11k€7k▼
Cash at bank and in hand54/58€397k€268k▼
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.49M€1.32M▼
Equity10/15€580k€375k▼
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Profit (loss) carried forward14€499k€293k▼
Amounts payable17/49€906k€948k▲
Amounts payable within one year42/48€906k€948k▲
Financial debts43€200k€207k▲
Credit institutions430/8€200k€207k▲
Trade debts44€67k€115k▲
Suppliers440/4€67k€115k▲
Taxes, remuneration and social security45€477k€454k▼
Taxes450/3€21k€20k▼
Remuneration and social security454/9€456k€434k▼
Other amounts payable47/48€162k€172k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€2.69M€2.85M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€105k▼
Other operating charges640/8€65k€66k▲
Gross operating margin9900€2.69M€2.83M▲
Operating profit (loss)9901€-168k€-185k▼
Financial income75/76B-€589
Recurring financial income75-€589
Financial charges65/66B€15k€21k▲
Recurring financial charges65€15k€21k▲
Profit (loss) for the period before taxes9903€-183k€-205k▼
Income taxes67/77-€171
Profit (loss) for the period9904€-183k€-206k▼
Profit (loss) for the period to be appropriated9905€-183k€-206k▼
Appropriation of the result
Profit (loss) to be appropriated9906€499k€293k▼
Profit (loss) brought forward from the previous period14P€682k€499k▼
Social balance
Average headcount (FTE)908740.242.3▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-206k
Net result drops to €-206k, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Anderlecht · 1 establishment unit since 1997
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.
Britse-Soldaatlaan 241070 AnderlechtGround area
2,046 m²
Building footprint
850 m²
Volume, LiDAR
10,138 m³
Parcel 21307E0127/00K000, Brussels · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
RESIDENCE ALBA
since 19972.080.621.294
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21307E0127/00K000 | Brussels | 2,046 m² | 1 · 850 m² | 15.7 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.080.621.294
Similar companies · same sector, comparable size
RESIDENCE LES DEUX VALLEES
BE 0433.918.216
Comblain-au-Pont · Eq €374,609
GA COMPANY
BE 0821.493.295
Saint-Ghislain · Eq €379,810
RESIDENCE NOUVELLE LE CHATELET
BE 0473.961.202
Châtelet · Eq €368,108
RESIDENCE PATIENCE
BE 0455.625.727
Liège · Eq €368,090
Résidence les Peupliers
BE 0424.894.939
Châtelet · Eq €383,919
Of 601 companies in sector 87301 we hold annual accounts for 493. 324 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-10-1995
Fiscal year end31-12
Activities, NACEBEL 2025
87301Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.