ALBA CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of ALBA CONSTRUCT is 2.5% (moderate). The 2024 annual accounts show equity of €91k and a net result of €16k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 69% of 36376 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
100
/ 100
Excellent▲ +12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▲+44
Solvency99=
Growth67▲+25
Stability100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.77 against 2.59 in 2023), and 35.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 · 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 07-11-2025, 99 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
99 d late
2023
92 d late
2022
92 d late
2021
120 d late
2020
137 d late
2019
38 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€358k▲ 47.9%
2023 · €242k
2018: €294k
2019: €358k
2020: €298k
2021: €306k
2022: €298k
2023: €242k
2018 → 2024
EBIT margin
10.6%▲ 6.1pp
2023 · 4.5%
2018: 2.2%
2019: 0.4%
2020: 11.6%
2021: 5.1%
2022: 7.5%
2023: 4.5%
2018 → 2024
Net result
€16k▲ 2,992%
2023 · €513
2018: €2k
2019: €2k
2020: €5k
2021: €33k
2022: €21k
2023: €513
2018 → 2024
Working capital
€91k▲ 23.0%
2023 · €74k
2018: €6k
2019: €33k
2020: €34k
2021: €55k
2022: €70k
2023: €74k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€298k-€306k▲ 2.8%€298k▼ 2.8%€242k▼ 18.7%€358k▲ 47.9%
Equity€41k-€54k▲ 31.5%€75k▲ 39.0%€75k▲ 0.7%€91k▲ 21.0%
Operating result€35k-€16k▼ 54.5%€22k▲ 41.3%€11k▼ 50.8%€38k▲ 247%
Net result€5k-€33k▲ 510%€21k▼ 35.4%€513▼ 97.6%€16k▲ 2,992%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 247% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €142k
Fixed assets
€674▼ 61.8%
Current assets
€142k▲ 18.2%
Equity and liabilities €142k
Equity
€91k▲ 21.0%
Debt
€51k▲ 10.5%
The debt ratio falls from 38.1% to 35.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€39k▲
2023 · €14k
Cash flow
€17k▲
2023 · €4k
Solvency
64.1%▲
2023 · 61.9%
Current ratio
2.77▲
2023 · 2.59
Quick ratio
2.77▲
2023 · 2.59
Debt / equity
0.56▼
2023 · 0.61
ROE
17.4%▲
2023 · 0.7%
ROA
11.1%▲
2023 · 0.4%
Interest coverage
18.13▲
2023 · 4.80
Debt
€51k▲
2023 · €46k
Debt ≤ 1 year
€51k▲
2023 · €46k
Income taxes
€20k▲
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€122k€142k▲
Fixed assets21/28€2k€674▼
Tangible fixed assets22/27€2k€424▼
Furniture and vehicles24€2k€424▼
Financial fixed assets28€250€250=
Current assets29/58€120k€142k▲
Amounts receivable within one year40/41€118k€138k▲
Trade receivables40€97k€87k▼
Other amounts receivable41€21k€51k▲
Cash at bank and in hand54/58€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€122k€142k▲
Equity10/15€75k€91k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€55k€71k▲
Amounts payable17/49€46k€51k▲
Amounts payable within one year42/48€46k€51k▲
Trade debts44€27k€6k▼
Suppliers440/4€27k€6k▼
Taxes, remuneration and social security45€18k€19k▲
Taxes450/3€278€11k▲
Remuneration and social security454/9€18k€8k▼
Other amounts payable47/48€1k€26k▲
Income statement
Code20232024
Turnover70€242k€358k▲
Goods, raw materials, services and sundry goods60/61€215k€315k▲
Remuneration, social security and pensions62€51-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€13k€4k▼
Gross operating margin9900€27k€43k▲
Operating profit (loss)9901€11k€38k▲
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Non-recurring financial income76B€0-
Financial charges65/66B€6k€2k▼
Recurring financial charges65€3k€2k▼
Non-recurring financial charges66B€3k€122▼
Profit (loss) for the period before taxes9903€5k€36k▲
Income taxes67/77€4k€20k▲
Profit (loss) for the period9904€513€16k▲
Profit (loss) for the period to be appropriated9905€513€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€55k€71k▲
Profit (loss) brought forward from the previous period14P€54k€55k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 99 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Weakest financial yearnet €513 ▼97.6%
Net result drops to €513, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
2021
31-12
Financial
Highest result since 2018net €33k ▲510%
Net result €33k, the highest in the series.
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 137 days late
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 38 days late
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 48 days late
2018
23-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 115 days late
2017
27-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 119 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Evere · 2 establishment units since 2017
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.
Fr. Van Cutsemstraat 1081140 EvereGround area
369 m²
Building footprint
120 m²
Volume, LiDAR
1,766 m³
Parcel 21902A0423/00S011, Brussels · tallest building 19.9 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
ALBA CONSTRUCT
since 20172.261.067.228
ALBA CONSTRUCT 2
since 20202.301.197.316
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0423/00S011 | Brussels | 369 m² | 1 · 120 m² | 19.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ECS-TECH
BE 0697.731.094
Evere · Eq €91k
CONSTRUCT DEBLANDER
BE 0479.920.564
Profondeville · Eq €91k
Green Creations
BE 0758.675.996
Kortrijk · Eq €91k
A L PROJEKT
BE 0881.005.270
Roeselare · Eq €91k
SOLAR
BE 0417.074.462
Sint-Niklaas · Eq €91k
Of 15,434 companies in sector 43990 we hold annual accounts for 7,355. 6,190 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2014
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.