ALBACO
ActiveSummary
ALBACO has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €7k. Equity is growing by ~34.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-20
Solvency89▼-11
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 0.79 in 2024; short-term debt: 35.8% and cash: 26.5% of total assets), and 35.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.2%
Return on assets
8.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
18 d early
2024
18 d late
2023
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▲ 16.0%
2024 · €46k
2023: €21klowest in 3 years
2024: €46k▲ +114% vs 2023
2025: €53k▲ +16.0% vs 2024highest in 3 years
2023 → 2025
Total assets
€82k▲ 34.7%
2024 · €61k
2023: €40klowest in 3 years
2024: €61k▲ +54.8% vs 2023
2025: €82k▲ +34.7% vs 2024highest in 3 years
2023 → 2025
Net result
€7k▼ 70.0%
2024 · €24k
2023: €18k
2024: €24k▲ +32.9% vs 2023highest in 3 years
2025: €7k▼ -70.0% vs 2024lowest in 3 years
2023 → 2025
Working capital
€16k
2024 · €-3k
2023: €21khighest in 3 years
2024: €-3k▼ -115% vs 2023lowest in 3 years
2025: €16k▲ +590% vs 2024
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€21k-€46k▲ 114%€53k▲ 16.0%
2023: €21klowest in 3 years
2024: €46k▲ +114% vs 2023
2025: €53k▲ +16.0% vs 2024highest in 3 years
Operating result€25k-€32k▲ 25.5%€8k▼ 75.3%
2023: €25k
2024: €32k▲ +25.5% vs 2023highest in 3 years
2025: €8k▼ -75.3% vs 2024lowest in 3 years
Net result€18k-€24k▲ 32.9%€7k▼ 70.0%
2023: €18k
2024: €24k▲ +32.9% vs 2023highest in 3 years
2025: €7k▼ -70.0% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 75% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€37k ▼ 23.6%
Current assets
€45k ▲ 265%
Equity and liabilities €82k
Equity
€53k ▲ 16.0%
Debt
€29k ▲ 89.6%
Debt's share of the balance-sheet total rises from 25.4% to 35.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k▼
2024 · €40k
Cash flow
€19k▼
2024 · €33k
Current ratio
1.53▲
2024 · 0.79
Debt to equity
0.56▲
2024 · 0.34
ROE
13.8%▼
2024 · 53.3%
ROA
8.9%▼
2024 · 39.8%
Interest coverage
80.72▼
2024 · 96.88
Debt ≤ 1 year
€29k▲
2024 · €16k
Income taxes
€227▼
2024 · €7k
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 · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€61k€82k▲
Fixed assets21/28€49k€37k▼
Tangible fixed assets22/27€49k€37k▼
Furniture and vehicles24€49k€37k▼
Current assets29/58€12k€45k▲
Amounts receivable within one year40/41-€23k
Trade receivables40-€23k
Cash at bank and in hand54/58€12k€22k▲
Deferred charges and accrued income490/1€552€499▼
Equity and liabilities
Total equity and liabilities10/49€61k€82k▲
Equity10/15€46k€53k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€43k€50k▲
Amounts payable17/49€16k€29k▲
Amounts payable within one year42/48€16k€29k▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€321€244▼
Suppliers440/4€321€244▼
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€11k€11k▲
Other amounts payable47/48€2k€18k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8€559€343▼
Gross operating margin9900€41k€20k▼
Operating profit (loss)9901€32k€8k▼
Financial charges65/66B€416€239▼
Recurring financial charges65€416€239▼
Profit (loss) for the period before taxes9903€31k€8k▼
Income taxes67/77€7k€227▼
Profit (loss) for the period9904€24k€7k▼
Profit (loss) for the period to be appropriated9905€24k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€50k▲
Profit (loss) brought forward from the previous period14P€18k€43k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €9k | €12k | ▲ 31.7% |
| Other operating charges640/8 | - | €559 | €343 | ▼ 38.7% |
| Gross operating margin9900 | €25k | €41k | €20k | ▼ 51.9% |
| Operating profit (loss)9901 | €25k | €32k | €8k | ▼ 75.3% |
| Financial charges65/66B | - | €416 | €239 | ▼ 42.5% |
| Recurring financial charges65 | - | €416 | €239 | ▼ 42.5% |
| Profit (loss) for the period before taxes9903 | €25k | €31k | €8k | ▼ 75.8% |
| Income taxes67/77 | €7k | €7k | €227 | ▼ 96.6% |
| Profit (loss) for the period9904 | €18k | €24k | €7k | ▼ 70.0% |
| Profit (loss) for the period to be appropriated9905 | €18k | €24k | €7k | ▼ 70.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €40k | €61k | €82k | ▲ 34.7% |
| Fixed assets21/28 | - | €49k | €37k | ▼ 23.6% |
| Tangible fixed assets22/27 | - | €49k | €37k | ▼ 23.6% |
| Furniture and vehicles24 | - | €49k | €37k | ▼ 23.6% |
| Current assets29/58 | €40k | €12k | €45k | ▲ 265% |
| Amounts receivable within one year40/41 | €15k | - | €23k | - |
| Trade receivables40 | €15k | - | €23k | - |
| Cash at bank and in hand54/58 | €24k | €12k | €22k | ▲ 85.3% |
| Deferred charges and accrued income490/1 | - | €552 | €499 | ▼ 9.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €40k | €61k | €82k | ▲ 34.7% |
| Equity10/15 | €21k | €46k | €53k | ▲ 16.0% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €18k | €43k | €50k | ▲ 17.1% |
| Amounts payable17/49 | €18k | €16k | €29k | ▲ 89.6% |
| Amounts payable within one year42/48 | €18k | €16k | €29k | ▲ 89.6% |
| Current portion of amounts payable after more than one year42 | - | €3k | - | - |
| Trade debts44 | €195 | €321 | €244 | ▼ 24.0% |
| Suppliers440/4 | €195 | €321 | €244 | ▼ 24.0% |
| Taxes, remuneration and social security45 | €18k | €11k | €11k | ▲ 4.8% |
| Taxes450/3 | €11k | €11k | €11k | ▲ 4.8% |
| Remuneration and social security454/9 | €7k | - | - | - |
| Other amounts payable47/48 | €497 | €2k | €18k | ▲ 850% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €24k | €7k | ▼ 70.0% |
| + Depreciation and write-downs630 | - | €9k | €12k | ▲ 31.7% |
| Operating cash flow (approximation) | €18k | €33k | €19k | ▼ 43.1% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | €-13k | €10k | ▲ 180% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €7k ▼70%
Net result drops to €7k, the lowest in the series.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Highest result since 2023net €24k ▲32.9%
Operating result €32k, net result €24k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Brasschaat · 1 establishment unit since 2023
Ground area
5,588 m²
Building footprint
413 m²
Volume, LiDAR
2,224 m³
Parcel 11008A0105/00G002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ALBACO
since 20232.346.818.295
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008A0105/00G002 | Flanders | 5,588 m² | 1 · 413 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,545 EUR awarded · 1,545 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,545 EUR | 1,545 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 38,383 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.