ALBASIGN
Open bankruptcyFinancials · financial year 2024, micro format
Turnover
€126,744
EBIT margin
-5.3%
Net result
€7,272▼ 31.3%
2023 · €10,590
Working capital
€15,325
2023 · -€2,110
Trend over the years
2021 to 2024, 4 financial years
The operating result falls in 2024; 2024 is 20% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€11,395
2024
Net result€7,272
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€92,042
2024
Equity€9,353
2024
Debt€82,689
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€15,325
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)7.9%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency10.2%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.29
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 74, Other professional, scientific and technical activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2021202220232024
Turnover€126,744
Operating result-€2,758--€6,658▼ 141%€14,224€11,395▼ 19.9%
Net result-€2,922below the sector's middle half--€7,588below the sector's middle half▼ 160%€10,590within the sector's middle half€7,272within the sector's middle half▼ 31.3%
EBIT margin-5.3%
Equity-€922below the sector's middle half--€8,509below the sector's middle half▼ 823%€2,081below the sector's middle half€9,353below the sector's middle half▲ 350%
Total assets€28,856below the sector's middle half-€35,280below the sector's middle half▲ 22.3%€51,043within the sector's middle half▲ 44.7%€92,042within the sector's middle half▲ 80.3%
Debt€29,778-€43,789▲ 47.1%€48,962▲ 11.8%€82,689▲ 68.9%
Working capital-€19,829below the sector's middle half--€5,450below the sector's middle half▲ 72.5%-€2,110below the sector's middle half▲ 61.3%€15,325within the sector's middle half
Solvency-3.2%below the sector's middle half--24.1%below the sector's middle half▼ 20.9pp4.1%below the sector's middle half▲ 28.2pp10.2%below the sector's middle half▲ 6.1pp
Current ratio0.33below the sector's middle half-0.80below the sector's middle half▲ 0.470.94below the sector's middle half▲ 0.141.29within the sector's middle half▲ 0.34
Return on assets (ROA)-10.1%below the sector's middle half--21.5%below the sector's middle half▼ 11.4pp20.7%within the sector's middle half▲ 42.3pp7.9%within the sector's middle half▼ 12.8pp
Staff (FTE)1.3
above
within
below
the middle half of NACE 74, Other professional, scientific and technical activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €92,040
Fixed assets
€23,136 ▲ 59.8%
Current assets
€68,904 ▲ 91.0%
Equity and liabilities €92,042
Equity
€9,353 ▲ 350%
Debt
€82,689 ▲ 68.9%
Debt's share of the balance-sheet total falls from 95.9% to 89.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19,081▼
2023 · €20,365
Cash flow
€14,959▼
2023 · €16,731
Quick ratio
0.91▲
2023 · 0.81
Debt to equity
8.84▼
2023 · 23.53
ROE
77.8%▼
2023 · 509.0%
Interest coverage
9.37▲
2023 · 6.69
Debt ≤ 1 year
€53,579▲
2023 · €38,190
Debt > 1 year
€29,111▲
2023 · €10,773
Income taxes
€3,016▲
2023 · €592
Staff costs
€32,805▲
2023 · €11,967
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €126,744 | - | - | - |
| Non-recurring operating income76A | - | - | - | €529 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €129,192 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €11,967 | €32,805 | ▲ 174% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,258 | €5,390 | €6,141 | €7,686 | ▲ 25.2% |
| Other operating charges640/8 | €120 | €999 | €1,922 | €3,204 | ▲ 66.7% |
| Non-recurring operating charges66A | - | - | - | €1,743 | - |
| Gross operating margin9900 | -€379 | -€270 | €34,254 | €56,832 | ▲ 65.9% |
| Operating profit (loss)9901 | -€2,758 | -€6,658 | €14,224 | €11,395 | ▼ 19.9% |
| Financial income75/76B | €3 | €32 | €1 | €930 | ▲ 679× |
| Recurring financial income75 | €3 | €32 | €1 | €930 | ▲ 679× |
| Financial charges65/66B | €167 | €962 | €3,043 | €2,037 | ▼ 33.1% |
| Recurring financial charges65 | €167 | €962 | €3,043 | €2,037 | ▼ 33.1% |
| Profit (loss) for the period before taxes9903 | -€2,922 | -€7,588 | €11,182 | €10,288 | ▼ 8.0% |
| Income taxes67/77 | - | - | €592 | €3,016 | ▲ 409% |
| Profit (loss) for the period9904 | -€2,922 | -€7,588 | €10,590 | €7,272 | ▼ 31.3% |
| Profit (loss) for the period to be appropriated9905 | -€2,922 | -€7,588 | €10,590 | €7,272 | ▼ 31.3% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €28,856 | €35,280 | €51,043 | €92,042 | ▲ 80.3% |
| Formation expenses20 | €1,444 | €964 | €483 | €2 | ▼ 99.5% |
| Fixed assets21/28 | €17,829 | €12,515 | €14,480 | €23,136 | ▲ 59.8% |
| Tangible fixed assets22/27 | €17,829 | €12,515 | €14,480 | €23,136 | ▲ 59.8% |
| Plant, machinery and equipment23 | €9,739 | €7,102 | €8,358 | €6,065 | ▼ 27.4% |
| Furniture and vehicles24 | €6,977 | €4,492 | €5,389 | €14,997 | ▲ 178% |
| Other tangible fixed assets26 | €1,113 | €921 | €732 | €2,075 | ▲ 183% |
| Current assets29/58 | €9,582 | €21,801 | €36,080 | €68,904 | ▲ 91.0% |
| Stocks and contracts in progress3 | - | €5,000 | €5,000 | €20,000 | ▲ 300% |
| Stocks30/36 | - | €5,000 | €5,000 | €20,000 | ▲ 300% |
| Amounts receivable within one year40/41 | €9,552 | €12,974 | €26,300 | €45,435 | ▲ 72.8% |
| Trade receivables40 | €8,335 | €11,851 | €22,748 | €10,248 | ▼ 55.0% |
| Other amounts receivable41 | €1,216 | €1,124 | €3,552 | €35,188 | ▲ 891% |
| Cash at bank and in hand54/58 | €31 | €72 | €2,323 | €669 | ▼ 71.2% |
| Deferred charges and accrued income490/1 | - | €3,755 | €2,457 | €2,800 | ▲ 14.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €28,856 | €35,280 | €51,043 | €92,042 | ▲ 80.3% |
| Equity10/15 | -€922 | -€8,509 | €2,081 | €9,353 | ▲ 350% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | - | - | €81 | €7,353 | ▲ 91× |
| Distributable reserves133 | - | - | €81 | €7,353 | ▲ 91× |
| Profit (loss) carried forward14 | -€2,922 | -€10,509 | - | - | - |
| Amounts payable17/49 | €29,778 | €43,789 | €48,962 | €82,689 | ▲ 68.9% |
| Amounts payable after more than one year17 | - | €14,686 | €10,773 | €29,111 | ▲ 170% |
| Financial debts170/4 | - | €14,686 | €10,773 | €29,111 | ▲ 170% |
| Amounts payable within one year42/48 | €29,411 | €27,251 | €38,190 | €53,579 | ▲ 40.3% |
| Current portion of amounts payable after more than one year42 | - | €3,778 | €3,914 | €13,016 | ▲ 233% |
| Financial debts43 | €4 | - | - | €1 | - |
| Credit institutions430/8 | €4 | - | - | €1 | - |
| Trade debts44 | €21,501 | €17,811 | €19,320 | €26,905 | ▲ 39.3% |
| Suppliers440/4 | €21,501 | €17,811 | €19,320 | €26,905 | ▲ 39.3% |
| Taxes, remuneration and social security45 | €1,825 | €2,960 | €8,678 | €13,280 | ▲ 53.0% |
| Taxes450/3 | €202 | €2,960 | €6,546 | €11,280 | ▲ 72.3% |
| Remuneration and social security454/9 | €1,624 | - | €2,132 | €2,000 | ▼ 6.2% |
| Other amounts payable47/48 | €6,080 | €2,702 | €6,277 | €378 | ▼ 94.0% |
| Accrued charges and deferred income492/3 | €367 | €1,852 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,922 | -€7,588 | €10,590 | €7,272 | ▼ 31.3% |
| + Depreciation and write-downs630 | €2,258 | €5,390 | €6,141 | €7,686 | ▲ 25.2% |
| Operating cash flow (approximation) | -€664 | -€2,198 | €16,731 | €14,959 | ▼ 10.6% |
| Investment in fixed assets (approximation) | - | -€75 | -€8,106 | -€16,343 | ▼ 102% |
| Change in cash | - | €41 | €2,251 | -€1,654 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 13-06-2025 | 2025-00135987 |
| 31-12-2023 | micro format | 01-08-2024 | 2024-00318788 |
| 31-12-2022 | micro format | 12-06-2023 | 2023-00119212 |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20323015 |
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Of the 6,266 active companies whose main activity is graphic design and visual communication (NACE 74120), figures are known for 1,031. 741 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.