ALBAR
ActiveSummary
The computed 12-month bankruptcy probability of ALBAR is 3.9% (moderate). The 2024 annual accounts show equity of €100,960 and a net result of €78,133. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 79% of 36380 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
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Signals
This company filed its last 4 accounts on average 72 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €380,328 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €51,694 | €274,843 | ▲ 432% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,086 | - | €0 | €0 | - |
| Other operating charges640/8 | €1,172 | - | €3,109 | €668 | ▼ 78.5% |
| Non-recurring operating charges66A | €8,000 | €400 | - | - | - |
| Gross operating margin9900 | -€5,682 | -€5,539 | €37,035 | €105,486 | ▲ 185% |
| Operating profit (loss)9901 | -€15,940 | -€5,939 | €33,925 | €104,818 | ▲ 209% |
| Financial charges65/66B | €62 | €207 | €96 | €641 | ▲ 565% |
| Recurring financial charges65 | €62 | €207 | €96 | €641 | ▲ 565% |
| Profit (loss) for the period before taxes9903 | -€16,002 | -€6,146 | €33,829 | €104,177 | ▲ 208% |
| Income taxes67/77 | - | - | - | €26,044 | - |
| Profit (loss) for the period9904 | -€16,002 | -€6,146 | €33,829 | €78,133 | ▲ 131% |
| Profit (loss) for the period to be appropriated9905 | -€16,002 | -€6,146 | €33,829 | €78,133 | ▲ 131% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €20,875 | €24,291 | €38,579 | €137,179 | ▲ 256% |
| Current assets29/58 | €20,875 | €24,291 | €38,579 | €137,179 | ▲ 256% |
| Stocks and contracts in progress3 | €20,000 | - | €0 | €9,800 | - |
| Stocks30/36 | - | - | - | €9,800 | - |
| Contracts in progress37 | €20,000 | - | €0 | - | - |
| Amounts receivable within one year40/41 | €95 | €4,200 | €20,582 | €107,131 | ▲ 421% |
| Trade receivables40 | - | €4,200 | €14,633 | €98,498 | ▲ 573% |
| Other amounts receivable41 | €95 | - | €5,949 | €8,633 | ▲ 45.1% |
| Cash at bank and in hand54/58 | €719 | €20,030 | €17,997 | €20,248 | ▲ 12.5% |
| Deferred charges and accrued income490/1 | €61 | €61 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €20,875 | €24,291 | €38,579 | €137,179 | ▲ 256% |
| Equity10/15 | -€11,002 | -€17,148 | €22,827 | €100,960 | ▲ 342% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | €5,000 | - | - | - | - |
| Issued capital100 | €5,000 | - | - | - | - |
| Profit (loss) carried forward14 | -€16,002 | -€22,148 | €17,827 | €95,960 | ▲ 438% |
| Amounts payable17/49 | €31,877 | €41,439 | €15,752 | €36,219 | ▲ 130% |
| Amounts payable within one year42/48 | €31,877 | €41,439 | €15,752 | €36,219 | ▲ 130% |
| Trade debts44 | €2,594 | - | €15,752 | €10,175 | ▼ 35.4% |
| Suppliers440/4 | €2,594 | - | €15,752 | €10,175 | ▼ 35.4% |
| Taxes, remuneration and social security45 | - | €3,759 | - | €26,044 | - |
| Taxes450/3 | - | €3,759 | - | €26,044 | - |
| Other amounts payable47/48 | €29,283 | €37,680 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,002 | -€6,146 | €33,829 | €78,133 | ▲ 131% |
| + Depreciation and write-downs630 | €1,086 | - | €0 | €0 | - |
| Operating cash flow (approximation) | -€14,916 | -€6,146 | €33,829 | €78,133 | ▲ 131% |
| Change in cash | - | €19,311 | -€2,033 | €2,251 | ▲ 211% |
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
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0111/00Y004 | Brussels | 345 m² | 1 · 345 m² | 18.5 m · 5 fl. |
| 62023B0040/00X018 | Wallonia | 177 m² | 1 · 81 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.