ALBADO
The computed 12-month bankruptcy probability of ALBADO is 0.2% (very low). The 2024 annual accounts show negative equity (€-167k) and a net result of €-66k. Equity is shrinking by ~42.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 12426 sector peers (fiscal year 2024). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-167k |
| Net result | €-66k |
| Better than sector | 5% |
| Active | 32 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -66.5% | 60.6% | |
| Net result | €-66k | €31k | |
| Equity | €-167k | €63k | |
| Gross operating margin | €-10k | €52k | |
| Total assets | €251k | €124k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-14k |
| Net profit | €-66k |
| Cash flow | €-15k |
| Staff costs | - |
| Income taxes | €79 |
| Dividends | - |
| Total assets | €251k |
| Equity | €-167k |
| Debt | €393k |
| of which ≤ 1y | €275k |
| of which > 1y | €118k |
| Working capital | €-269k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.02 |
| Quick ratio | 0.02 |
| Working capital ratio | -107.2% |
| Solvency | -66.5% |
| Debt / equity | -2.36 |
| Long-term debt ratio | -0.71 |
| Interest coverage | -2.23 |
| Gross margin | - |
| Net margin | - |
| ROA | -26.4% |
| ROE | 39.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €251k |
| Fixed assets | 21/28 | €244k |
| Tangible fixed assets | 22/27 | €244k |
| Current assets | 29/58 | €6k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €251k |
| Equity | 10/15 | €-167k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €127k |
| Accumulated profits (losses) | 14 | €-356k |
| Provisions & deferred taxes | 16 | €24k |
| Amounts payable | 17/49 | €393k |
| Amounts payable after one year | 17 | €118k |
| Amounts payable within one year | 42/48 | €275k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €-10k |
| Operating result | 9901 | €-65k |
| Financial income | 75 | €3 |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €-71k |
| Income taxes | 67/77 | €79 |
| Net result for the period | 9904 | €-66k |
| Result to be appropriated | 9905 | €-57k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Public limited company(014) |
| Incorporation | 12-11-1993 |
| Status | Active |
| Postal code | 8930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34372A0194/00K000 | Flanders | 6,645 m² | 1 · 254 m² | 9.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ALBADO |