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ALBA Group

Active
Private limited companyfounded 2016active for 9 yearsKolonel Bourgstraat 127-129, 1140 Evere, BelgiumKBO/BCE: BE 0666.496.304
Summary

The computed 12-month bankruptcy probability of ALBA Group is 2.5% (moderate). The 2025 annual accounts show equity of €22,487 and a net result of -€19,954. Equity has been growing by about 22% per year since 2018. Its solvency ranks better than 29% of 9,883 sector peers (NACE 43, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 18-11-2016 Normal situation
Registered office
123 active companies are registered at this address 6 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 1 other
Establishment unit
2.258.850.975 1140 Evere, since 01-01-2017
Financial year end
31 December
Peppol
Reachable since 09-11-2025

Board and ownership

Board

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.5%
Annual accounts 2025
Gross margin
€130,249
▼ 14.8%
Turnover
≈ €420,000
estimated
Loss
€19,954
Equity
€22,487
▼ 47.0%
Total assets
€83,327
▼ 31.2%
Employees on 31-12-2025
2
▲ 100%
  • 2025 accounts filed 73 days after the deadline
Filed on 12-10-2026
Score breakdownraises riskLast filed accounts filed 73 days late; 3 of the last 3 accounts lateLoss of €19,954 (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.58, cash €10,935, halvedShow the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 21% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 52-8
equity 27.0% of total assets
Liquidity 49-30
short-term debt 38.3% · cash 13.1%
Profitability 0-90
return on assets -23.9%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 3.9% 01-2025: 3.4%▼ -0.5 percentage points vs 12-2024 02-2025: 3.3%▼ -0.1 percentage points vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.4%▲ +0.1 percentage points vs 03-2025 05-2025: 3.5%▲ +0.1 percentage points vs 04-2025 06-2025: 3.4%▼ -0.1 percentage points vs 05-2025 07-2025: 3.6%▲ +0.2 percentage points vs 06-2025 08-2025: 2.7%▼ -0.9 percentage points vs 07-2025 09-2025: 3.2%▲ +0.5 percentage points vs 08-2025 10-2025: 5.1%▲ +1.9 percentage points vs 09-2025highest value 11-2025: 1.1%▼ -4.0 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.0%▼ -0.1 percentage points vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.4 percentage points vs 07-2026 09-2026: 1.6%▲ +0.2 percentage points vs 08-2026 10-2026: 2.5%▲ +0.9 percentage points vs 09-2026 11-2026: 2.5%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.58 (3.91 in 2024), above the usual 1.5. Short-term debt is 38.3% and cash 13.1% of total assets. However, 73% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 29% of them on solvency, 40% on liquidity, 4% on profitability and 9% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 73 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Loss of €19,954 (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.58, cash €10,935, halved
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 2025 accounts filed 73 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-10-2026, 73 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
73 days late
2024
82 days late
2023
58 days late
2022
59 days late
2021
31 days late
2020
62 days late
2019
17 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 55 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 89% of companies in specialised constructionsector median €26,861 · 9,875 companies -€19,954 View

Recent changes

  1. · Gazette deed Change of role: RAMUKA Florim, from manager to director
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as ALBA Group: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €72,900 and €110,000, founded between 2014 and 2017.

CompanyTotal assetsGross margin
ALBA Group Evere€83,327€130,249
L'ALCHIMIE DU CHAUFFAGE Genappe€84,410€116,646
IDEA Chauffage et Sanitaire Grez-Doiceau€87,217€107,129
BENOIT LERUSE Trooz€86,168€102,069
MY COMFORT Brussel€90,899€87,324
AC BELGIUM Ittre€109,725€146,109
TECHNIQUES ENERGIES Waimes€72,912€101,863
Full comparison

Key facts about ALBA Group

What is the company number of ALBA Group?
The company number of ALBA Group is 0666.496.304. The VAT number is the same number with BE in front: BE 0666.496.304.
Where is ALBA Group based?
The registered office is at Kolonel Bourgstraat 127-129, 1140 Evere.Company details
What does ALBA Group do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of ALBA Group?
The legal form of ALBA Group is Private limited company (BV).
When was ALBA Group founded?
ALBA Group was founded on 18-11-2016.
Is ALBA Group still active?
Yes, ALBA Group is an active enterprise in the KBO register.
How many employees does ALBA Group have?
ALBA Group had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ALBA Group?
The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €130,249 and 40 comparable companies (NACE 432). It probably lies between €340,000 and €630,000.
Is ALBA Group profitable?
In financial year 2025, ALBA Group made a loss of €19,954.
Where can I find the annual accounts of ALBA Group?
ALBA Group filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALBA Group due?
ALBA Group must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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