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ALBAST

Active Risk: not assessed
Private limited companyfounded 20205 yrs activeMaasfortbaan 10, 2500 Lier, BelgiumKBO/BCE: BE 0757.817.844
Summary

ALBAST is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €29,792 and a net result of €21,061. Equity is growing by ~101.4% per year across the filed fiscal years. Its solvency ranks better than 17% of 9866 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

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
50 d early
2023
29 d early
2022
27 d early
2021
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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

ALBAST was incorporated on 4 November 2020 as a Private limited company.1 Total assets rose from EUR 2,858 in 2021 to EUR 220,842 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€29,792▲ 241%
2023 · €8,731
Net result
€21,061▲ 24,943%
2023 · €84
Total assets
€220,842▼ 8.4%
2023 · €241,158
Solvency
13.5%▲ 9.9pp
2023 · 3.6%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line2021202220232024
Operating result-€2,101-€7,275€1,427▼ 80.4%€19,415▲ 1,261%
Net result-€2,142below the sector's middle half-€5,789within the sector's middle half€84below the sector's middle half▼ 98.5%€21,061within the sector's middle half▲ 24,943%
Equity€2,858below the sector's middle half-€8,647below the sector's middle half▲ 203%€8,731below the sector's middle half▲ 1.0%€29,792below the sector's middle half▲ 241%
Total assets€2,858below the sector's middle half-€242,155within the sector's middle half▲ 8,372%€241,158within the sector's middle half▼ 0.4%€220,842within the sector's middle half▼ 8.4%
Debt€233,508€232,427▼ 0.5%€191,050▼ 17.8%
Working capital-€95,101-€102,903▼ 8.2%-€106,368▼ 3.4%
Solvency100.0%above the sector's middle half-3.6%below the sector's middle half▼ 96.4pp3.6%below the sector's middle half=13.5%below the sector's middle half▲ 9.9pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
-€10,000€0€10,000€20,000Operating result 2021: -€2,101-€2,101Net result 2021: -€2,142-€2,142Operating result 2022: €7,275€7,275Net result 2022: €5,789€5,789Operating result 2023: €1,427€1,427Net result 2023: €84€84Operating result 2024: €19,415€19,415Net result 2024: €21,061€21,0612021202220232024€0€10,000€20,000Operating result 2022: €7,275€7,270Net result 2022: €5,789€5,790Operating result 2023: €1,427€1,430Net result 2023: €84€84Operating result 2024: €19,415€19,400Net result 2024: €21,061€21,100202220232024
The operating result recovers in 2024; 2024 is 1,261% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €220,842
Fixed assets €136,161 ▲ 22.0%
Current assets €84,682 ▼ 34.6%
Equity and liabilities €220,842
Equity €29,792 ▲ 241%
Debt €191,050 ▼ 17.8%
Debt's share of the balance-sheet total falls from 96.4% to 86.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
ROE
70.7%▲
2023 · 1.0%
ROA
9.5%▲
2023 · 0.0%
Debt ≤ 1 year
€191,050▼
2023 · €232,427
Income taxes
€5,901▲
2023 · €1,304
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 · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€241,158€220,842▼
Fixed assets21/28€111,634€136,161▲
Tangible fixed assets22/27€14,634€10,521▼
Plant, machinery and equipment23€1,147€818▼
Furniture and vehicles24€13,487€9,703▼
Financial fixed assets28€97,000€125,640▲
Current assets29/58€129,524€84,682▼
Amounts receivable after more than one year29€127,250€75,000▼
Other amounts receivable291€127,250€75,000▼
Amounts receivable within one year40/41€1,355€3,914▲
Trade receivables40€605€1,815▲
Other amounts receivable41€750€2,099▲
Cash at bank and in hand54/58€919€5,767▲
Equity and liabilities
Total equity and liabilities10/49€241,158€220,842▼
Equity10/15€8,731€29,792▲
Contributions10/11€5,000€5,000=
Reserves13€3,731€24,792▲
Distributable reserves133€3,731€24,792▲
Amounts payable17/49€232,427€191,050▼
Amounts payable within one year42/48€232,427€191,050▼
Trade debts44€343€210▼
Suppliers440/4€343€210▼
Taxes, remuneration and social security45€2,178€2,194▲
Taxes450/3€2,178€2,194▲
Other amounts payable47/48€229,906€188,645▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,113€4,113=
Other operating charges640/8€900€1,318▲
Gross operating margin9900€6,440€24,847▲
Operating profit (loss)9901€1,427€19,415▲
Financial income75/76B€0€7,935▲
Recurring financial income75€0€0▼
Non-recurring financial income76B-€7,935
Financial charges65/66B€39€388▲
Recurring financial charges65€39€388▲
Profit (loss) for the period before taxes9903€1,388€26,962▲
Income taxes67/77€1,304€5,901▲
Profit (loss) for the period9904€84€21,061▲
Profit (loss) for the period to be appropriated9905€84€21,061▲
Appropriation of the result
Profit (loss) to be appropriated9906€84€21,061▲
Transfer to equity691/2€84€21,061▲
To other reserves6921€84€21,061▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,820€4,113€4,113=
Other operating charges640/8€581€1,510€900€1,318▲ 46.5%
Gross operating margin9900-€1,520€10,604€6,440€24,847▲ 286%
Operating profit (loss)9901-€2,101€7,275€1,427€19,415▲ 1,261%
Financial income75/76B-€750€0€7,935▲ 79,349,900%
Recurring financial income75-€750€0€0▼ 100%
Non-recurring financial income76B---€7,935-
Financial charges65/66B€41€39€39€388▲ 894%
Recurring financial charges65€41€39€39€388▲ 894%
Profit (loss) for the period before taxes9903-€2,142€7,986€1,388€26,962▲ 1,843%
Income taxes67/77-€2,197€1,304€5,901▲ 353%
Profit (loss) for the period9904-€2,142€5,789€84€21,061▲ 24,943%
Profit (loss) for the period to be appropriated9905-€2,142€5,789€84€21,061▲ 24,943%
Line2021202220232024Change
Assets
Total assets20/58€2,858€242,155€241,158€220,842▼ 8.4%
Fixed assets21/28-€103,747€111,634€136,161▲ 22.0%
Tangible fixed assets22/27-€18,747€14,634€10,521▼ 28.1%
Plant, machinery and equipment23-€1,477€1,147€818▼ 28.7%
Furniture and vehicles24-€17,270€13,487€9,703▼ 28.1%
Financial fixed assets28-€85,000€97,000€125,640▲ 29.5%
Current assets29/58€2,858€138,407€129,524€84,682▼ 34.6%
Amounts receivable after more than one year29-€17,000€127,250€75,000▼ 41.1%
Other amounts receivable291-€17,000€127,250€75,000▼ 41.1%
Amounts receivable within one year40/41€150€113,655€1,355€3,914▲ 189%
Trade receivables40€150€6,655€605€1,815▲ 200%
Other amounts receivable41-€107,000€750€2,099▲ 180%
Cash at bank and in hand54/58€2,708€7,752€919€5,767▲ 528%
Equity and liabilities
Total equity and liabilities10/49€2,858€242,155€241,158€220,842▼ 8.4%
Equity10/15€2,858€8,647€8,731€29,792▲ 241%
Contributions10/11€5,000€5,000€5,000€5,000=
Reserves13-€3,647€3,731€24,792▲ 565%
Distributable reserves133-€3,647€3,731€24,792▲ 565%
Profit (loss) carried forward14-€2,142----
Amounts payable17/49-€233,508€232,427€191,050▼ 17.8%
Amounts payable within one year42/48-€233,508€232,427€191,050▼ 17.8%
Trade debts44-€79€343€210▼ 38.6%
Suppliers440/4-€79€343€210▼ 38.6%
Taxes, remuneration and social security45-€3,983€2,178€2,194▲ 0.8%
Taxes450/3-€3,983€2,178€2,194▲ 0.8%
Other amounts payable47/48-€229,446€229,906€188,645▼ 17.9%
Line2021202220232024Change
Profit (loss) for the period9904-€2,142€5,789€84€21,061▲ 24,943%
+ Depreciation and write-downs630-€1,820€4,113€4,113=
Operating cash flow (approximation)-€2,142€7,608€4,198€25,175▲ 500%
Investment in fixed assets (approximation)---€12,000-€28,640▼ 139%
Change in cash-€5,044-€6,834€4,848▲ 171%

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

2025
11-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2021net €21,061 ▲24,943%
Operating result €19,415, net result €21,061, both a record.
19-09
State Gazette act General meeting · Capital increase
Bank account · Share cancellation
02-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
State Gazette act Board meeting · Director resignation
Board composition · Permanent representative
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €5,789
Net result €5,789 after one loss-making year.
03-10
State Gazette act Capital increase · Bank account
Share issue · Statutes amendment
01-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Lier · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
385 m²
Building footprint
156 m²
Volume, LiDAR
1,062 m³
Parcel 12392C0016/00N002, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
ALBAST
Maasfortbaan 10, 2500 LierFinancial service activities, except insurance and pension funding
since 20202.311.107.251
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12392C0016/00N002 Flanders 385 m² 1 · 155 m² 12.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

4 holdings

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 4

According to the 2024 annual accounts of ALBAST and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 8,778 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
Founded04-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0757817844
Also 9925:BE0757817844
Registered 13-08-2025

Register as of 27 September 2026 · Peppol Directory

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