ALBATROS
ActiveSummary
ALBATROS has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€6,714) and a net result of -€1,750. Equity is shrinking by ~40.9% per year across the filed fiscal years. Its solvency ranks better than 8% of 13874 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
What they do
Limited-service restaurants, excluding mobile food services
NACE 56112NACE 55301Limited-service restaurants NACE 56102
1 site
How big
€4,229total assets 2025
- Equity
- -€6,714
- Loss
- -€1,750
Turnover not published (abridged schema)
Who decides
Accounts 22 d early0 of 2 deeds read
Why 27- Higher-failure-rate sector- Annual accounts: weaker financial profile- Negative equity+ Lower-risk legal form+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
192021222425
2019 to 2025 · latest year -€6,714
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-01-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
20 d early
2022
56 d early
2021
62 d early
2020
18 d early
2019
42 d early
2018
48 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 38 days before 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 9 January (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Financials
Fiscal year 2025Total assets €4,229Loss -€1,750Solvency -158.8%Liquidity 0.12
Total assets
€4,229▼ 39.1%
2019 - 2025
Net result
-€1,750▲ 41.9%
2019 - 2025
Equity
-€6,714▼ 35.3%
2019 - 2025
Solvency
-158.8%▼ 87.3pp
2019 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
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
Line20202021202220242025
Operating result-€2,049▲ 58.9%-€947▲ 53.8%-€1,357▼ 43.3%-€2,526--€1,508▲ 40.3%
Net result-€2,463within the sector's middle half▲ 53.7%-€1,193within the sector's middle half▲ 51.6%-€1,684within the sector's middle half▼ 41.2%-€3,014within the sector's middle half--€1,750within the sector's middle half▲ 41.9%
Equity€47,831within the sector's middle half▼ 4.9%€46,638within the sector's middle half▼ 2.5%€4,954within the sector's middle half▼ 89.4%-€4,964below the sector's middle half--€6,714below the sector's middle half▼ 35.3%
Total assets€66,197within the sector's middle half▼ 12.0%€58,538within the sector's middle half▼ 11.6%€6,319below the sector's middle half▼ 89.2%€6,950below the sector's middle half-€4,229below the sector's middle half▼ 39.1%
Debt€18,366▼ 26.4%€11,900▼ 35.2%€1,365▼ 88.5%€11,914-€10,943▼ 8.1%
Working capital€36,188above the sector's middle half▲ 9.1%€36,882within the sector's middle half▲ 1.9%€766within the sector's middle half▼ 97.9%-€9,971within the sector's middle half--€9,629within the sector's middle half▲ 3.4%
Solvency72.3%above the sector's middle half▲ 5.4pp79.7%above the sector's middle half▲ 7.4pp78.4%above the sector's middle half▼ 1.3pp-71.4%below the sector's middle half-
Current ratio5.77above the sector's middle half▲ 0.926.57above the sector's middle half▲ 0.801.56within the sector's middle half▼ 5.000.16below the sector's middle half-
Return on assets (ROA)-3.7%within the sector's middle half▲ 3.3pp-2.0%within the sector's middle half▲ 1.7pp-26.6%below the sector's middle half▼ 24.6pp-43.4%below the sector's middle half-
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 micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,508 in 2025 against €2,526 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4,229
Fixed assets
€2,915 ▼ 41.8%
Current assets
€1,314 ▼ 32.4%
Equity and liabilities
Equity-€6,714
Debt€10,943
Equity is negative: debt (€10,943) exceeds the balance-sheet total (€4,229).
Key figures and ratios
Key figures and ratios
EBITDA
€6▲
2024 · -€868
Cash flow
-€236▲
2024 · -€1,356
Interest coverage
0.02▲
2024 · -1.78
Debt ≤ 1 year
€10,943▼
2024 · €11,914
Ratios withheld: a balance sheet total of €4,229 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.5%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% 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 497,341 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 6,621 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €243 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,051 | €7,904 | €1,523 | €1,658 | €1,514 | ▼ 8.7% |
| Other operating charges640/8 | - | - | €623 | €859 | €402 | ▼ 53.2% |
| Gross operating margin9900 | €10,867 | €8,544 | €1,032 | -€9 | €408 | ▲ 4,573% |
| Operating profit (loss)9901 | -€2,049 | -€947 | -€1,357 | -€2,526 | -€1,508 | ▲ 40.3% |
| Financial charges65/66B | - | - | €327 | €488 | €242 | ▼ 50.4% |
| Recurring financial charges65 | €414 | €246 | €327 | €488 | €242 | ▼ 50.4% |
| Profit (loss) for the period before taxes9903 | -€2,463 | -€1,193 | -€1,684 | -€3,014 | -€1,750 | ▲ 41.9% |
| Profit (loss) for the period9904 | -€2,463 | -€1,193 | -€1,684 | -€3,014 | -€1,750 | ▲ 41.9% |
| Profit (loss) for the period to be appropriated9905 | -€2,463 | -€1,193 | -€1,684 | -€3,014 | -€1,750 | ▲ 41.9% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €66,197 | €58,538 | €6,319 | €6,950 | €4,229 | ▼ 39.1% |
| Fixed assets21/28 | €22,419 | €15,029 | €4,188 | €5,007 | €2,915 | ▼ 41.8% |
| Tangible fixed assets22/27 | €21,675 | €14,285 | €3,444 | €4,263 | €2,749 | ▼ 35.5% |
| Land and buildings22 | - | - | - | €0 | €0 | - |
| Plant, machinery and equipment23 | - | - | €2,586 | €3,996 | €2,605 | ▼ 34.8% |
| Furniture and vehicles24 | - | - | €858 | €267 | €144 | ▼ 46.2% |
| Financial fixed assets28 | €744 | €744 | €744 | €744 | €166 | ▼ 77.7% |
| Current assets29/58 | €43,778 | €43,509 | €2,131 | €1,943 | €1,314 | ▼ 32.4% |
| Stocks and contracts in progress3 | €3,800 | €3,275 | - | - | - | - |
| Amounts receivable within one year40/41 | €28,461 | €28,899 | €548 | €39 | €1,241 | ▲ 3,093% |
| Trade receivables40 | - | - | - | - | €1,210 | - |
| Other amounts receivable41 | - | - | €548 | €39 | €31 | ▼ 19.4% |
| Cash at bank and in hand54/58 | €11,517 | €11,335 | €1,583 | €1,904 | €73 | ▼ 96.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €66,197 | €58,538 | €6,319 | €6,950 | €4,229 | ▼ 39.1% |
| Equity10/15 | €47,831 | €46,638 | €4,954 | -€4,964 | -€6,714 | ▼ 35.3% |
| Contributions10/11 | €6,247 | - | €6,247 | €6,247 | €6,247 | = |
| Reserves13 | €62,082 | €62,082 | €22,082 | €22,082 | €22,082 | = |
| Distributable reserves133 | - | - | €22,082 | €22,082 | €22,082 | = |
| Profit (loss) carried forward14 | -€20,498 | -€21,691 | -€23,375 | -€33,293 | -€35,043 | ▼ 5.3% |
| Amounts payable17/49 | €18,366 | €11,900 | €1,365 | €11,914 | €10,943 | ▼ 8.1% |
| Amounts payable after more than one year17 | €10,776 | €5,273 | - | - | - | - |
| Amounts payable within one year42/48 | €7,590 | €6,627 | €1,365 | €11,914 | €10,943 | ▼ 8.1% |
| Trade debts44 | €1,467 | €827 | €1,065 | €356 | €600 | ▲ 68.5% |
| Suppliers440/4 | - | - | €1,065 | €356 | €600 | ▲ 68.5% |
| Taxes, remuneration and social security45 | - | - | €300 | €520 | €96 | ▼ 81.5% |
| Taxes450/3 | - | - | €300 | €520 | €96 | ▼ 81.5% |
| Other amounts payable47/48 | - | - | - | €11,038 | €10,248 | ▼ 7.2% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,463 | -€1,193 | -€1,684 | -€3,014 | -€1,750 | ▲ 41.9% |
| + Depreciation and write-downs630 | €11,051 | €7,904 | €1,523 | €1,658 | €1,514 | ▼ 8.7% |
| Operating cash flow (approximation) | €8,588 | €6,711 | -€161 | -€1,356 | -€236 | ▲ 82.6% |
| Investment in fixed assets (approximation) | - | -€514 | €9,318 | - | €578 | - |
| Change in cash | - | -€182 | -€9,752 | - | -€1,831 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector and region
Frituur Den Doorsteek
BE 1025.129.949
Assenede
JANNELLA
BE 0747.985.509
Assenede
Lauthentic
BE 0700.529.347
Assenede
't CENTERKEN
BE 0419.896.766
Sint-Niklaas
't POMPIERKE
BE 0429.110.875
Sint-Martens-Latem
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,864 companies in this sector we hold annual accounts for 9,782. See the whole sector
Timeline
10 eventsLatest 09-01-2026Next filing 31-01-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2022
06-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
13-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
14-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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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Company details
Coöperatieve vennootschap (oud statuut) · founded 01-06-1987Year ends 30-06Peppol reachable1 site
Register details
Identification
Legal formCoöperatieve vennootschap (oud statuut)
Founded01-06-1987
Fiscal year end30-06
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0431233591
Also
9925:BE0431233591
Registered
25-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Assenede · 1 establishment unit since 1987
Ground area
2,344 m²
Building footprint
244 m²
Volume, LiDAR
1,154 m³
2 parcels, Flanders · tallest building 13.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRIETPARADIJS
since 1987unit no. 2.029.482.104
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43003A0310/00V000 | Flanders | 1,976 m² | 1 · 179 m² | 13.4 m · 2 fl. |
| 43007A0047/00G000indicative | Flanders | 367 m² | 1 · 65 m² | 6.1 m · 1 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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