ALBACLEAN
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 18-06-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 6% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | 1 | 1 |
| in full-time equivalents | 1 | 1 |
| Average over the year, in full-time equivalents | 0.8 | 1 |
| On a permanent contract | 1 | 1 |
| Joined | 1 | - |
| Left | 0 | - |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €16,650 | €1,018 |
| Depreciation and write-downs of the year | €2,112 | €5,031 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €29,325 | €41,170 | ▲ 40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,112 | €5,031 | ▲ 138% |
| Other operating charges640/8 | €223 | €375 | ▲ 68.2% |
| Gross operating margin9900 | €56,781 | €70,175 | ▲ 23.6% |
| Operating profit (loss)9901 | €25,121 | €23,599 | ▼ 6.1% |
| Financial income75/76B | - | €126 | - |
| Recurring financial income75 | - | €126 | - |
| Financial charges65/66B | €218 | €304 | ▲ 39.4% |
| Recurring financial charges65 | €218 | €304 | ▲ 39.4% |
| Profit (loss) for the period before taxes9903 | €24,903 | €23,421 | ▼ 6.0% |
| Income taxes67/77 | €5,129 | €5,003 | ▼ 2.5% |
| Profit (loss) for the period9904 | €19,774 | €18,418 | ▼ 6.9% |
| Profit (loss) for the period to be appropriated9905 | €19,774 | €18,418 | ▼ 6.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €47,287 | €61,901 | ▲ 30.9% |
| Fixed assets21/28 | €14,538 | €10,525 | ▼ 27.6% |
| Tangible fixed assets22/27 | €14,538 | €10,525 | ▼ 27.6% |
| Land and buildings22 | - | €950 | - |
| Plant, machinery and equipment23 | €3,693 | €2,813 | ▼ 23.8% |
| Furniture and vehicles24 | €10,845 | €6,762 | ▼ 37.6% |
| Current assets29/58 | €32,749 | €51,376 | ▲ 56.9% |
| Amounts receivable within one year40/41 | €31,112 | €33,248 | ▲ 6.9% |
| Trade receivables40 | €27,239 | €29,966 | ▲ 10.0% |
| Other amounts receivable41 | €3,873 | €3,282 | ▼ 15.3% |
| Cash at bank and in hand54/58 | €1,637 | €18,128 | ▲ 11× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €47,287 | €61,901 | ▲ 30.9% |
| Equity10/15 | €23,274 | €41,692 | ▲ 79.1% |
| Contributions10/11 | €3,500 | €3,500 | = |
| Profit (loss) carried forward14 | €19,774 | €38,192 | ▲ 93.1% |
| Amounts payable17/49 | €24,013 | €20,209 | ▼ 15.8% |
| Amounts payable within one year42/48 | €24,013 | €20,209 | ▼ 15.8% |
| Trade debts44 | €7,595 | €5,922 | ▼ 22.0% |
| Suppliers440/4 | €7,595 | €5,922 | ▼ 22.0% |
| Taxes, remuneration and social security45 | €16,418 | €14,287 | ▼ 13.0% |
| Taxes450/3 | €6,807 | €7,032 | ▲ 3.3% |
| Remuneration and social security454/9 | €9,611 | €7,255 | ▼ 24.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €19,774 | €18,418 | ▼ 6.9% |
| + Depreciation and write-downs630 | €2,112 | €5,031 | ▲ 138% |
| Operating cash flow (approximation) | €21,886 | €23,449 | ▲ 7.1% |
| Investment in fixed assets (approximation) | - | -€1,018 | - |
| Change in cash | - | €16,491 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as ALBACLEAN has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALBACLEAN itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for ALBACLEAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.