ALBAGA
ActiveSummary
For ALBAGA, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €387,397 and a net result of €8,484. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 95% of 15862 sector peers (fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability43=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
98.5%
Return on assets
2.2%
Age of the figures
30 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 331 days later.
NBB · 10 filingsPosition against the passed deadline
31-03-2025 close31-10-2025 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 29-11-2024, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
29 d late
2023
7 d late
2022
372 d late
2021
407 d late
2020
26 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 145 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€387,397▲ 2.2%
2023 · €378,913
Total assets
€393,158▲ 1.6%
2023 · €387,098
Net result
€8,484▲ 3.2%
2023 · €8,223
Working capital
€387,397▲ 2.2%
2023 · €378,913
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€4,401▲ 5.8%-€4,882▼ 11.0%-€3,248▲ 33.5%-€2,136▲ 34.2%-€2,461▼ 15.2%
Net result€1,235within the sector's middle half▲ 156%-€9,847below the sector's middle half€9,052within the sector's middle half€8,223within the sector's middle half▼ 9.2%€8,484within the sector's middle half▲ 3.2%
Equity€371,485above the sector's middle half▲ 0.3%€361,638above the sector's middle half▼ 2.7%€370,690above the sector's middle half▲ 2.5%€378,913above the sector's middle half▲ 2.2%€387,397above the sector's middle half▲ 2.2%
Total assets€372,284within the sector's middle half▲ 0.5%€364,257within the sector's middle half▼ 2.2%€375,999within the sector's middle half▲ 3.2%€387,098within the sector's middle half▲ 3.0%€393,158within the sector's middle half▲ 1.6%
Debt€799▲ 122%€2,620▲ 228%€5,309▲ 103%€8,185▲ 54.2%€5,762▼ 29.6%
Working capital€371,485▲ 0.3%€361,638▼ 2.7%€370,690▲ 2.5%€378,913▲ 2.2%€387,397▲ 2.2%
Solvency99.8%above the sector's middle half▼ 0.1pp99.3%above the sector's middle half▼ 0.5pp98.6%above the sector's middle half▼ 0.7pp97.9%above the sector's middle half▼ 0.7pp98.5%above the sector's middle half▲ 0.6pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,461 in 2024 against €2,136 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €393,158
Equity
€387,397 ▲ 2.2%
Debt
€5,762 ▼ 29.6%
Debt's share of the balance-sheet total falls from 2.1% to 1.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
68.23▲
2023 · 47.30
Debt to equity
0.01▼
2023 · 0.02
ROE
2.2%▲
2023 · 2.2%
ROA
2.2%▲
2023 · 2.1%
Debt ≤ 1 year
€5,762▼
2023 · €8,185
Income taxes
€2,205▲
2023 · €2,179
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €348 | €468 | €469 | €791 | ▲ 68.6% |
| Gross operating margin9900 | -€3,981 | -€4,535 | -€2,781 | -€1,667 | -€1,670 | ▼ 0.2% |
| Operating profit (loss)9901 | -€4,401 | -€4,882 | -€3,248 | -€2,136 | -€2,461 | ▼ 15.2% |
| Financial income75/76B | - | €12,370 | €12,406 | €12,862 | €13,282 | ▲ 3.3% |
| Recurring financial income75 | €5,775 | €12,370 | €12,406 | €12,862 | €13,282 | ▲ 3.3% |
| Financial charges65/66B | - | €17,335 | €106 | €324 | €132 | ▼ 59.1% |
| Recurring financial charges65 | €171 | €17,335 | €106 | €324 | €132 | ▼ 59.1% |
| Profit (loss) for the period before taxes9903 | €1,203 | -€9,847 | €9,052 | €10,402 | €10,689 | ▲ 2.8% |
| Income taxes67/77 | -€32 | - | - | €2,179 | €2,205 | ▲ 1.2% |
| Profit (loss) for the period9904 | €1,235 | -€9,847 | €9,052 | €8,223 | €8,484 | ▲ 3.2% |
| Profit (loss) for the period to be appropriated9905 | €1,235 | -€9,847 | €9,052 | €8,223 | €8,484 | ▲ 3.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €372,284 | €364,257 | €375,999 | €387,098 | €393,158 | ▲ 1.6% |
| Current assets29/58 | €372,284 | €364,257 | €375,999 | €387,098 | €393,158 | ▲ 1.6% |
| Amounts receivable after more than one year29 | - | €280,000 | €291,200 | €302,848 | €311,729 | ▲ 2.9% |
| Other amounts receivable291 | - | €280,000 | €291,200 | €302,848 | €311,729 | ▲ 2.9% |
| Amounts receivable within one year40/41 | €87,406 | €69,824 | €76,965 | €77,930 | €74,939 | ▼ 3.8% |
| Other amounts receivable41 | - | €69,824 | €76,965 | €77,930 | €74,939 | ▼ 3.8% |
| Cash at bank and in hand54/58 | €284,878 | €2,382 | €1,718 | - | €4 | - |
| Deferred charges and accrued income490/1 | - | €12,051 | €6,116 | €6,320 | €6,486 | ▲ 2.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €372,284 | €364,257 | €375,999 | €387,098 | €393,158 | ▲ 1.6% |
| Equity10/15 | €371,485 | €361,638 | €370,690 | €378,913 | €387,397 | ▲ 2.2% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €309,485 | €299,485 | €308,519 | €316,719 | €321,919 | ▲ 1.6% |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | €293,285 | €302,319 | €310,519 | €315,719 | ▲ 1.7% |
| Profit (loss) carried forward14 | - | €153 | €171 | €194 | €3,478 | ▲ 1,692% |
| Amounts payable17/49 | €799 | €2,620 | €5,309 | €8,185 | €5,762 | ▼ 29.6% |
| Amounts payable within one year42/48 | €799 | €2,620 | €5,309 | €8,185 | €5,762 | ▼ 29.6% |
| Financial debts43 | - | - | - | €80 | - | - |
| Credit institutions430/8 | - | - | - | €80 | - | - |
| Trade debts44 | €799 | €2,620 | €5,309 | €7,323 | €3,443 | ▼ 53.0% |
| Suppliers440/4 | - | €2,620 | €5,309 | €7,323 | €3,443 | ▼ 53.0% |
| Taxes, remuneration and social security45 | - | - | - | €781 | €2,319 | ▲ 197% |
| Taxes450/3 | - | - | - | €781 | €2,319 | ▲ 197% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,235 | -€9,847 | €9,052 | €8,223 | €8,484 | ▲ 3.2% |
| Operating cash flow (approximation) | €1,235 | -€9,847 | €9,052 | €8,223 | €8,484 | ▲ 3.2% |
| Change in cash | - | -€282,495 | -€665 | - | - | - |
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
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2023
07-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 372 days late
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 407 days late
31-03
Financial
Back to profitnet €9,052
Net result €9,052 after one loss-making year.
2021
31-03
Financial
Weakest financial yearnet -€9,847
Net result drops to -€9,847, the lowest in the series; recovery starts the following year.
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2017
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 34 days late
04-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 399 days late
15-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 501 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Lede · 1 establishment unit since 2002
Ground area
2,903 m²
Building footprint
2,576 m²
Volume, LiDAR
13,554 m³
2 parcels, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
Steenvoordestraat(HEU) 184, 9070 Destelbergen
since 20022.096.101.506
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41052E0385/00A002 | Flanders | 2,093 m² | 1 · 2,576 m² | 10.4 m · 2 fl. |
| 44028D0364/00P000 | Flanders | 811 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
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ELIZA ESTATE
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Of 1,743 companies in sector 46150 we hold annual accounts for 758. 474 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded11-04-2002
Fiscal year end31-03
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationOrdinary general meeting
Agenda
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. (Her)Benoemingen. Divers. (AOPC1905570/12.08) (31519) ALTEX, naamloze vennootschap, Gijmelstraat 59, 3200 AARSCHOT Ondernemingsnummer 0441.891.616 Jaarvergadering op 01/09/2009, om 9 uur, op de maatschappelijke zetel. Agenda: 1. Vverslag van de raad van bestuur. 2. Goedkeuring van de jaarrekening 2008. 3. Bestemming resultaat. 4. Decharge aan de bestuur- ders. 5. Diversen. (AOPC-1-9-02047/12.08) (31520) BOFA, naamloze vennootschap, Atealaan 18, 2270 HERENTHOUT Ondernemingsnummer 0447.578.883 Algemene vergadering ter zetel op 01/09/2009, om 18 uur. Agenda : Jaarverslag. Goedkeuring jaarrekening. Bestemming resu ...