ALBASS
ActiveSummary
The computed 12-month bankruptcy probability of ALBASS is 2.1% (moderate). The 2025 annual accounts show equity of €85k and a net result of €15k. Equity is growing by ~75.1% per year across the filed fiscal years. Its solvency ranks better than 60% of 7453 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-19
Solvency79▲+14
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 1.66 in 2024; short-term debt: 39.1% and cash: 0.4% of total assets), and 46.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.6%
Return on assets
9.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 4 filingsDeviation from the deadline
2025
40 d late
2024
175 d late
2023
303 d late
2022
119 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▼ 64.4%
2024 · €43k
2022: €14k
2023: €9k
2024: €43k
2022 → 2025
Working capital
€82k▲ 20.2%
2024 · €68k
2022: €17k
2023: €25k
2024: €68k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€17k-€26k▲ 55.9%€69k▲ 163%€85k▲ 22.1%
Operating result€17k-€14k▼ 22.4%€55k▲ 307%€20k▼ 64.1%
Net result€14k-€9k▼ 32.0%€43k▲ 355%€15k▼ 64.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158k
Fixed assets
€14k ▲ 1,568%
Current assets
€144k ▼ 16.7%
Equity and liabilities €158k
Equity
€85k ▲ 22.1%
Debt
€73k ▼ 29.8%
Debt's share of the balance-sheet total falls from 60.1% to 46.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k▼
2024 · €55k
Cash flow
€17k▼
2024 · €43k
Current ratio
2.34▲
2024 · 1.66
Debt to equity
0.87▼
2024 · 1.51
ROE
18.1%▼
2024 · 62.0%
ROA
9.7%▼
2024 · 24.7%
Interest coverage
45.97▼
2024 · 93.70
Debt ≤ 1 year
€62k▼
2024 · €104k
Debt > 1 year
€12k
Income taxes
€5k▼
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€174k€158k▼
Fixed assets21/28€831€14k▲
Tangible fixed assets22/27€831€14k▲
Plant, machinery and equipment23€831€554▼
Furniture and vehicles24-€13k
Current assets29/58€173k€144k▼
Amounts receivable within one year40/41€168k€143k▼
Trade receivables40€152k€92k▼
Other amounts receivable41€16k€51k▲
Cash at bank and in hand54/58€5k€622▼
Deferred charges and accrued income490/1-€203
Equity and liabilities
Total equity and liabilities10/49€174k€158k▼
Equity10/15€69k€85k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€66k€82k▲
Amounts payable17/49€104k€73k▼
Amounts payable after more than one year17-€12k
Financial debts170/4-€12k
Amounts payable within one year42/48€104k€62k▼
Current portion of amounts payable after more than one year42-€3k
Trade debts44€87k€32k▼
Suppliers440/4€87k€32k▼
Taxes, remuneration and social security45€17k€27k▲
Taxes450/3€17k€27k▲
Income statement
Code20242025
Remuneration, social security and pensions62€3-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€277€2k▲
Other operating charges640/8€3k€637▼
Gross operating margin9900€58k€22k▼
Operating profit (loss)9901€55k€20k▼
Financial income75/76B€84€2k▲
Recurring financial income75€84€2k▲
Financial charges65/66B€590€469▼
Recurring financial charges65€590€469▼
Profit (loss) for the period before taxes9903€54k€21k▼
Income taxes67/77€12k€5k▼
Profit (loss) for the period9904€43k€15k▼
Profit (loss) for the period to be appropriated9905€43k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€82k▲
Profit (loss) brought forward from the previous period14P€23k€66k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 40 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 175 days late
2025
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 303 days late
2024
31-12
Financial
Highest result since 2022net €43k ▲355%
Operating result €55k, net result €43k, both a record.
2023
31-12
Financial
Weakest financial yearnet €9k ▼32%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
27-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 119 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Huy · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Franklin Roosevelt 74500 HuyGround area
319 m²
Building footprint
69 m²
Volume, LiDAR
693 m³
Parcel 61031B0614/00W011, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ALBASS
since 20222.334.632.919
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61031B0614/00W011 | Wallonia | 319 m² | 1 · 69 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
PASCAL VERSTRAETE
BE 0645.949.823
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BE 0756.647.015
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LcqA
BE 0543.507.826
Enghien · Eq €84,530
GEBR. K&S VAN DEN BUYS
BE 0892.020.314
Brecht · Eq €84,529
GO FAST WORK
BE 0793.436.145
Herve · Eq €84,478
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,184 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43310Plastering work
43410Roofing work
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:albass.immo@gmail.com
Phone:+32487535798