ALBATO
ActiveSummary
The computed 12-month bankruptcy probability of ALBATO is 4.4% (elevated). The 2025 annual accounts show equity of €139,819 and a net result of €22,441. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 48% of 3787 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability37=
Solvency53▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.98 against 0.84 in 2024; short-term debt: 65.8% and cash: 11.8% of total assets), and 71.7% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
28.3%
Return on assets
4.5%
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 23-09-2026, 54 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 · 6 filingsDeviation from the deadline
2025
54 d late
2024
20 d late
2023
30 d late
2022
31 d early
2021
116 d late
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
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. Usually files around 31 August (4 of the last 5 filed years within 62 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 company by total assets in Boussu, Accommodation and food service sector#6 company by equity in Boussu, Accommodation and food service sector
Equity
€139,819▲ 19.1%
2024 · €117,378
Total assets
€493,958▲ 14.4%
2024 · €431,838
Net result
€22,441▲ 33.0%
2024 · €16,871
Working capital
-€7,926▲ 76.8%
2024 · -€34,192
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€245,059▼ 2.6%€253,447▲ 3.4%€168,874▼ 33.4%€164,507▼ 2.6%€186,818▲ 13.6%
Net result€149,600above the sector's middle half▲ 3.3%€116,716above the sector's middle half▼ 22.0%€14,912within the sector's middle half▼ 87.2%€16,871within the sector's middle half▲ 13.1%€22,441within the sector's middle half▲ 33.0%
Equity€132,378above the sector's middle half▲ 151%€249,094above the sector's middle half▲ 88.2%€100,506above the sector's middle half▼ 59.7%€117,378above the sector's middle half▲ 16.8%€139,819within the sector's middle half▲ 19.1%
Total assets€290,155above the sector's middle half▲ 40.1%€437,334above the sector's middle half▲ 50.7%€315,510above the sector's middle half▼ 27.9%€431,838above the sector's middle half▲ 36.9%€493,958within the sector's middle half▲ 14.4%
Debt€157,777▲ 2.2%€188,240▲ 19.3%€215,003▲ 14.2%€314,460▲ 46.3%€354,139▲ 12.6%
Working capital€45,191above the sector's middle half€140,947above the sector's middle half▲ 212%-€12,801within the sector's middle half-€34,192below the sector's middle half▼ 167%-€7,926within the sector's middle half▲ 76.8%
Solvency45.6%within the sector's middle half▲ 20.1pp57.0%within the sector's middle half▲ 11.3pp31.9%within the sector's middle half▼ 25.1pp27.2%within the sector's middle half▼ 4.7pp28.3%within the sector's middle half▲ 1.1pp
Current ratio1.35within the sector's middle half▲ 0.402.10within the sector's middle half▲ 0.760.92within the sector's middle half▼ 1.180.84within the sector's middle half▼ 0.080.98within the sector's middle half▲ 0.13
Return on assets (ROA)51.6%above the sector's middle half▼ 18.3pp26.7%above the sector's middle half▼ 24.9pp4.7%within the sector's middle half▼ 22.0pp3.9%within the sector's middle half▼ 0.8pp4.5%within the sector's middle half▲ 0.6pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 14% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €493,958
Fixed assets
€176,658 ▼ 28.7%
Current assets
€317,300 ▲ 72.3%
Equity and liabilities €493,958
Equity
€139,819 ▲ 19.1%
Debt
€354,139 ▲ 12.6%
Debt's share of the balance-sheet total falls from 72.8% to 71.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€235,294▲
2024 · €218,110
Cash flow
€70,917▲
2024 · €70,475
Quick ratio
0.92▲
2024 · 0.75
Debt to equity
2.53▼
2024 · 2.68
ROE
16.1%▲
2024 · 14.4%
Interest coverage
1.50▼
2024 · 1.57
Debt ≤ 1 year
€325,226▲
2024 · €218,330
Debt > 1 year
€28,913▼
2024 · €96,130
Income taxes
€7,940▼
2024 · €8,599
Staff costs
€538,896▲
2024 · €399,296
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,372 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.9%
went bankrupt
1.4%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,372 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,707 | - |
| Remuneration, social security and pensions62 | €117,726 | €155,455 | €277,877 | €399,296 | €538,896 | ▲ 35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,871 | €35,695 | €51,468 | €53,603 | €48,475 | ▼ 9.6% |
| Other operating charges640/8 | €2,755 | €2,251 | €2,891 | €2,483 | €3,391 | ▲ 36.5% |
| Gross operating margin9900 | €391,411 | €446,848 | €501,110 | €619,889 | €777,581 | ▲ 25.4% |
| Operating profit (loss)9901 | €245,059 | €253,447 | €168,874 | €164,507 | €186,818 | ▲ 13.6% |
| Financial charges65/66B | €55,832 | €106,539 | €145,333 | €139,036 | €156,437 | ▲ 12.5% |
| Recurring financial charges65 | €55,832 | €106,539 | €145,333 | €139,036 | €156,437 | ▲ 12.5% |
| Profit (loss) for the period before taxes9903 | €189,227 | €146,908 | €23,541 | €25,471 | €30,381 | ▲ 19.3% |
| Income taxes67/77 | €39,627 | €30,192 | €8,629 | €8,599 | €7,940 | ▼ 7.7% |
| Profit (loss) for the period9904 | €149,600 | €116,716 | €14,912 | €16,871 | €22,441 | ▲ 33.0% |
| Profit (loss) for the period to be appropriated9905 | €149,600 | €116,716 | €14,912 | €16,871 | €22,441 | ▲ 33.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €290,155 | €437,334 | €315,510 | €431,838 | €493,958 | ▲ 14.4% |
| Fixed assets21/28 | €114,310 | €168,770 | €168,940 | €247,700 | €176,658 | ▼ 28.7% |
| Tangible fixed assets22/27 | €114,310 | €168,770 | €168,940 | €247,700 | €176,658 | ▼ 28.7% |
| Plant, machinery and equipment23 | €88,971 | €94,680 | €118,713 | €103,690 | €94,084 | ▼ 9.3% |
| Furniture and vehicles24 | €25,339 | €74,090 | €50,227 | €144,010 | €78,775 | ▼ 45.3% |
| Other tangible fixed assets26 | - | - | - | - | €3,799 | - |
| Current assets29/58 | €175,845 | €268,564 | €146,570 | €184,138 | €317,300 | ▲ 72.3% |
| Amounts receivable after more than one year29 | - | €32,471 | - | - | - | - |
| Trade receivables290 | - | €32,471 | - | - | - | - |
| Stocks and contracts in progress3 | - | €17,223 | €17,223 | €20,151 | €19,042 | ▼ 5.5% |
| Stocks30/36 | - | €17,223 | €17,223 | €20,151 | €19,042 | ▼ 5.5% |
| Amounts receivable within one year40/41 | €89,698 | €126,272 | €98,751 | €102,061 | €239,752 | ▲ 135% |
| Trade receivables40 | €58,261 | €24,077 | €6,246 | €33,181 | €164,922 | ▲ 397% |
| Other amounts receivable41 | €31,437 | €102,195 | €92,505 | €68,881 | €74,830 | ▲ 8.6% |
| Cash at bank and in hand54/58 | €86,147 | €92,598 | €26,857 | €58,913 | €58,506 | ▼ 0.7% |
| Deferred charges and accrued income490/1 | - | - | €3,740 | €3,013 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €290,155 | €437,334 | €315,510 | €431,838 | €493,958 | ▲ 14.4% |
| Equity10/15 | €132,378 | €249,094 | €100,506 | €117,378 | €139,819 | ▲ 19.1% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Outside capital11 | - | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Other1109/19 | - | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €126,375 | €243,090 | €94,502 | €111,352 | €133,752 | ▲ 20.1% |
| Distributable reserves133 | €126,375 | €243,090 | €94,502 | €111,352 | €133,752 | ▲ 20.1% |
| Profit (loss) carried forward14 | €3 | €4 | €4 | €26 | €67 | ▲ 162% |
| Amounts payable17/49 | €157,777 | €188,240 | €215,003 | €314,460 | €354,139 | ▲ 12.6% |
| Amounts payable after more than one year17 | €27,123 | €60,623 | €55,632 | €96,130 | €28,913 | ▼ 69.9% |
| Financial debts170/4 | €27,123 | €60,623 | €55,632 | €96,130 | €28,913 | ▼ 69.9% |
| Amounts payable within one year42/48 | €130,654 | €127,617 | €159,371 | €218,330 | €325,226 | ▲ 49.0% |
| Current portion of amounts payable after more than one year42 | €57,500 | €76,500 | €64,190 | €70,227 | €83,745 | ▲ 19.2% |
| Financial debts43 | - | - | €2,287 | €17,599 | €12,576 | ▼ 28.5% |
| Credit institutions430/8 | - | - | €2,287 | €17,599 | €12,576 | ▼ 28.5% |
| Trade debts44 | €50,007 | €46,679 | €72,799 | €90,890 | €142,190 | ▲ 56.4% |
| Suppliers440/4 | €50,007 | €46,679 | €72,799 | €90,890 | €142,190 | ▲ 56.4% |
| Advances received on contracts in progress46 | - | - | - | - | €45,447 | - |
| Taxes, remuneration and social security45 | €22,612 | €4,438 | €14,731 | €22,000 | €37,488 | ▲ 70.4% |
| Taxes450/3 | €22,191 | €267 | €4,275 | €391 | €12,689 | ▲ 3,144% |
| Remuneration and social security454/9 | €421 | €4,171 | €10,456 | €21,609 | €24,799 | ▲ 14.8% |
| Other amounts payable47/48 | €535 | - | €5,363 | €17,615 | €3,780 | ▼ 78.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €149,600 | €116,716 | €14,912 | €16,871 | €22,441 | ▲ 33.0% |
| + Depreciation and write-downs630 | €25,871 | €35,695 | €51,468 | €53,603 | €48,475 | ▼ 9.6% |
| Operating cash flow (approximation) | €175,471 | €152,411 | €66,380 | €70,475 | €70,917 | ▲ 0.6% |
| Investment in fixed assets (approximation) | - | -€90,155 | -€51,638 | -€132,363 | €22,567 | ▲ 117% |
| Change in cash | - | €6,451 | -€65,741 | €32,056 | -€407 | ▼ 101% |
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
Next filing, fiscal year 2026, expected by
2026
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 54 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €14,912 ▼87.2%
Net result drops to €14,912, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200,000Eq €249,094 ▲88.2%
3 profitable years in a row build equity to €249,094.
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 116 days late
2021
31-12
Financial
Highest result since 2020net €149,600 ▲3.3%
Net result €149,600, the highest in the series.
31-12
Financial
Equity above €100,000Eq €132,378 ▲151%
2 profitable years in a row build equity to €132,378.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Boussu · 2 establishment units since 2019
Ground area
1,127 m²
Building footprint
180 m²
Volume, LiDAR
1,320 m³
2 parcels, Wallonia · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Viva La Pizza
since 20192.294.600.722
-
since 20262.389.247.085
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53080A0070/00C002 | Wallonia | 1,052 m² | 1 · 127 m² | 8.8 m · 2 fl. |
| 53041A0106/00S002indicative | Wallonia | 74 m² | 1 · 53 m² | 9.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBoussu2.294.600.722
Quaregnon2.389.247.085
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Of 21,835 companies in sector 56112 we hold annual accounts for 9,777. 7,370 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
Founded17-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0734537250
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.