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ALBALIFT

Active
Private limited companyfounded 201313 yrs activePaul Wemaerestraat 7, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0502.737.142
Summary

For ALBALIFT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €67,508 and a net result of €61,853. Equity is growing by ~34% per year across the filed fiscal years. Its solvency ranks better than 32% of 506 sector peers (fiscal year 2023). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+100
Solvency54▲+26
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2023
Solvency, return and age of the figures
Solvency
28.7%
Return on assets
26.3%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-10-2024, 86 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
86 d late
2022
198 d late
2021
68 d late
2020
82 d late
2019
40 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 95 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ALBALIFT was incorporated on 24 January 2013.1 Total assets went from EUR 256,788 in 2018 to EUR 235,284 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Equity
€67,508▲ 1,094%
2022 · €5,655
Total assets
€235,284▲ 9.2%
2022 · €215,450
Net result
€61,853
2022 · -€36,609
Working capital
€35,689
2022 · -€25,448
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, 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
Line20192020202120222023
Operating result€15,755€14,014▼ 11.0%€16,123▲ 15.0%-€30,580€69,669
Net result€10,488€9,622within the sector's middle half▼ 8.3%€8,951within the sector's middle half▼ 7.0%-€36,609below the sector's middle half€61,853above the sector's middle half
Equity€23,692▲ 79.4%€33,314within the sector's middle half▲ 40.6%€42,265within the sector's middle half▲ 26.9%€5,655below the sector's middle half▼ 86.6%€67,508within the sector's middle half▲ 1,094%
Total assets€239,202▼ 6.8%€268,061within the sector's middle half▲ 12.1%€216,561within the sector's middle half▼ 19.2%€215,450within the sector's middle half▼ 0.5%€235,284within the sector's middle half▲ 9.2%
Debt€215,510▼ 11.5%€234,747▲ 8.9%€174,296▼ 25.8%€209,795▲ 20.4%€167,776▼ 20.0%
Working capital€20,363€44,069within the sector's middle half▲ 116%€22,374within the sector's middle half▼ 49.2%-€25,448below the sector's middle half€35,689within the sector's middle half
Solvency9.9%▲ 4.8pp12.4%below the sector's middle half▲ 2.5pp19.5%below the sector's middle half▲ 7.1pp2.6%below the sector's middle half▼ 16.9pp28.7%within the sector's middle half▲ 26.1pp
Current ratio1.44▲ 0.852.04within the sector's middle half▲ 0.611.67within the sector's middle half▼ 0.370.71below the sector's middle half▼ 0.962.07within the sector's middle half▲ 1.36
Return on assets (ROA)4.4%▲ 7.9pp3.6%within the sector's middle half▼ 0.8pp4.1%within the sector's middle half▲ 0.5pp-17.0%below the sector's middle half▼ 21.1pp26.3%above the sector's middle half▲ 43.3pp
above within below the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000Operating result 2019: €15,755€15,755Net result 2019: €10,488€10,488Operating result 2020: €14,014€14,014Net result 2020: €9,622€9,622Operating result 2021: €16,123€16,123Net result 2021: €8,951€8,951Operating result 2022: -€30,580-€30,580Net result 2022: -€36,609-€36,609Operating result 2023: €69,669€69,669Net result 2023: €61,853€61,85320192020202120222023-€50,000€0€50,000Operating result 2021: €16,123€16,100Net result 2021: €8,951€8,950Operating result 2022: -€30,580-€30,600Net result 2022: -€36,609-€36,600Operating result 2023: €69,669€69,700Net result 2023: €61,853€61,900202120222023
The operating result returns to profit in 2023: €69,669 after a loss of €30,580 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €235,284
Fixed assets €166,324 ▲ 8.7%
Current assets €68,960 ▲ 10.5%
Equity and liabilities €235,284
Equity €67,508 ▲ 1,094%
Debt €167,776 ▼ 20.0%
Debt's share of the balance-sheet total falls from 97.4% to 71.3%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€96,466▲
2022 · -€14,640
Cash flow
€88,650▲
2022 · -€20,669
Debt to equity
2.49▼
2022 · 37.10
ROE
91.6%▲
2022 · -647.4%
Interest coverage
12.34▲
2022 · -3.88
Debt ≤ 1 year
€33,271▼
2022 · €87,863
Debt > 1 year
€134,505▲
2022 · €121,932
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 48 lines
Balance sheet Code20222023
Assets
Total assets20/58€215,450€235,284▲
Fixed assets21/28€153,035€166,324▲
Tangible fixed assets22/27€152,985€166,324▲
Land and buildings22€134,373€126,901▼
Plant, machinery and equipment23€1,653€486▼
Furniture and vehicles24€16,959€38,937▲
Financial fixed assets28€50-
Current assets29/58€62,415€68,960▲
Amounts receivable within one year40/41€58,733€66,360▲
Trade receivables40€44,399€56,117▲
Other amounts receivable41€14,334€10,243▼
Cash at bank and in hand54/58€3,682€2,600▼
Equity and liabilities
Total equity and liabilities10/49€215,450€235,284▲
Equity10/15€5,655€67,508▲
Contributions10/11€8,200€8,200=
Capital10-€8,200
Issued capital100-€8,200
Reserves13€15,492€15,492=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130-€1,860
Reserves not available under the articles1311€1,860-
Distributable reserves133€13,632€13,632=
Profit (loss) carried forward14-€18,037€43,816▲
Amounts payable17/49€209,795€167,776▼
Amounts payable after more than one year17€121,932€134,505▲
Financial debts170/4€121,932€134,505▲
Amounts payable within one year42/48€87,863€33,271▼
Current portion of amounts payable after more than one year42€17,823€23,061▲
Trade debts44€65,761€6,161▼
Suppliers440/4€65,761€6,161▼
Taxes, remuneration and social security45€4,279€4,049▼
Taxes450/3€1,424€1,485▲
Remuneration and social security454/9€2,854€2,564▼
Income statement Code20222023
Non-recurring operating income76A€17,632€1,240▼
Remuneration, social security and pensions62€6,355-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,940€26,797▲
Other operating charges640/8€594€591▼
Non-recurring operating charges66A-€3,384
Gross operating margin9900-€7,691€100,441▲
Operating profit (loss)9901-€30,580€69,669▲
Financial charges65/66B€3,774€7,816▲
Recurring financial charges65€3,774€7,816▲
Profit (loss) for the period before taxes9903-€34,354€61,853▲
Income taxes67/77€2,255-
Profit (loss) for the period9904-€36,609€61,853▲
Profit (loss) for the period to be appropriated9905-€36,609€61,853▲
Appropriation of the result
Profit (loss) to be appropriated9906-€18,037€43,816▲
Profit (loss) brought forward from the previous period14P€18,573-€18,037▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Non-recurring operating income76A---€17,632€1,240▼ 93.0%
Remuneration, social security and pensions62--€22,046€6,355--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,726€18,145€21,815€15,940€26,797▲ 68.1%
Other operating charges640/8--€2,040€594€591▼ 0.5%
Non-recurring operating charges66A----€3,384-
Gross operating margin9900€33,742€33,202€62,024-€7,691€100,441▲ 1,406%
Operating profit (loss)9901€15,755€14,014€16,123-€30,580€69,669▲ 328%
Recurring financial income75€1€11----
Financial charges65/66B--€4,410€3,774€7,816▲ 107%
Recurring financial charges65€4,687€4,403€4,410€3,774€7,816▲ 107%
Profit (loss) for the period before taxes9903€11,068€9,622€11,713-€34,354€61,853▲ 280%
Income taxes67/77€580-€2,762€2,255--
Profit (loss) for the period9904€10,488€9,622€8,951-€36,609€61,853▲ 269%
Profit (loss) for the period to be appropriated9905€10,488€9,622€8,951-€36,609€61,853▲ 269%
Line20192020202120222023Change
Assets
Total assets20/58€239,202€268,061€216,561€215,450€235,284▲ 9.2%
Fixed assets21/28€172,064€181,682€160,858€153,035€166,324▲ 8.7%
Tangible fixed assets22/27€172,014€181,632€160,808€152,985€166,324▲ 8.7%
Land and buildings22--€139,244€134,373€126,901▼ 5.6%
Plant, machinery and equipment23--€3€1,653€486▼ 70.6%
Furniture and vehicles24--€21,561€16,959€38,937▲ 130%
Financial fixed assets28€50€50€50€50--
Current assets29/58€67,138€86,379€55,703€62,415€68,960▲ 10.5%
Stocks and contracts in progress3€2,660€3,200€1,550---
Stocks30/36--€1,550---
Amounts receivable within one year40/41€43,118€62,809€34,687€58,733€66,360▲ 13.0%
Trade receivables40--€29,839€44,399€56,117▲ 26.4%
Other amounts receivable41--€4,848€14,334€10,243▼ 28.5%
Cash at bank and in hand54/58€18,213€19,635€19,466€3,682€2,600▼ 29.4%
Equity and liabilities
Total equity and liabilities10/49€239,202€268,061€216,561€215,450€235,284▲ 9.2%
Equity10/15€23,692€33,314€42,265€5,655€67,508▲ 1,094%
Contributions10/11€8,200€8,200€8,200€8,200€8,200=
Capital10--€8,200-€8,200-
Issued capital100--€18,600-€8,200-
Uncalled capital101--€10,400---
Reserves13€15,492€15,492€15,492€15,492€15,492=
Non-distributable reserves130/1--€1,860€1,860€1,860=
Legal reserve130--€1,860-€1,860-
Reserves not available under the articles1311---€1,860--
Distributable reserves133--€13,632€13,632€13,632=
Profit (loss) carried forward14€12,088€9,622€18,573-€18,037€43,816▲ 343%
Amounts payable17/49€215,510€234,747€174,296€209,795€167,776▼ 20.0%
Amounts payable after more than one year17€168,735€163,292€140,967€121,932€134,505▲ 10.3%
Financial debts170/4--€140,967€121,932€134,505▲ 10.3%
Amounts payable within one year42/48€46,775€42,310€33,329€87,863€33,271▼ 62.1%
Current portion of amounts payable after more than one year42--€22,324€17,823€23,061▲ 29.4%
Trade debts44€25,484€2,837€4,966€65,761€6,161▼ 90.6%
Suppliers440/4--€4,966€65,761€6,161▼ 90.6%
Taxes, remuneration and social security45--€6,039€4,279€4,049▼ 5.4%
Taxes450/3--€1,026€1,424€1,485▲ 4.3%
Remuneration and social security454/9--€5,013€2,854€2,564▼ 10.2%
Line20192020202120222023Change
Profit (loss) for the period9904€10,488€9,622€8,951-€36,609€61,853▲ 269%
+ Depreciation and write-downs630€16,726€18,145€21,815€15,940€26,797▲ 68.1%
Operating cash flow (approximation)€27,214€27,767€30,766-€20,669€88,650▲ 529%
Investment in fixed assets (approximation)--€27,763-€991-€8,117-€40,086▼ 394%
Change in cash-€1,422-€169-€15,784-€1,082▲ 93.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
25-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 86 days late
14-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 198 days late
2023
31-12
Financial Back to profitnet €61,853
Net result €61,853 after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 2.07
Current ratio from 0.71 to 2.07; short-term debt falls from €87,863 to €33,271.
2022
31-12
Financial Weakest financial yearnet -€36,609
Net result drops to -€36,609, the lowest in the series; recovery starts the following year.
07-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 68 days late
2021
21-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 82 days late
2020
09-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
31-12
Financial Back to profitnet €10,488
Net result €10,488 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 1.44
Current ratio from 0.58 to 1.44; short-term debt falls from €65,745 to €46,775.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
05-04
NBB filing Annual accounts filed
fiscal year 2017 · full schema
Show earlier events
2017
25-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
01-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
20-06
NBB filing Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 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
10 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, Sint-Pieters-Woluwe · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
317 m²
Building footprint
147 m²
Volume, LiDAR
1,747 m³
2 parcels, Brussels · tallest building 14.9 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
-
Koning Albertlaan 97, 1082 Sint-Agatha-BerchemRepair and maintenance of electrical equipment
since 20132.217.182.745
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21003A0177/00R013 Brussels 267 m² 1 · 97 m² 14.9 m · 5 fl.
21684B0002/00C010 Brussels 50 m² 1 · 50 m² 11.3 m · 3 fl.
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

Of 268 companies in sector 28220 we hold annual accounts for 233. 105 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
Founded24-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
28220Manufacture of machinery and equipment not elsewhere classified
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0502737142
Also 9925:BE0502737142
Registered 11-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.