Albatros
ActiveAlbatros has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €980k and a net result of €180k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 4844 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+5
Solvency62▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.71 in 2024; short-term debt: 45.6% and cash: 12.9% of total assets), but 63.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
36.5%
Return on assets
6.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
13 d early
2022
24 d late
2021
9 d late
2020
5 d late
2019
31 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€180k▲ 23.2%
2024 · €146k
2018: €59k
2019: €-82k
2020: €-18k
2021: €8k
2022: €-208k
2023: €319k
2024: €146k
2018 → 2025
Working capital
€834k▼ 1.6%
2024 · €848k
2018: €991k
2019: €1.12M
2020: €885k
2021: €931k
2022: €631k
2023: €742k
2024: €848k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€745k-€516k▼ 30.8%€813k▲ 57.6%€937k▲ 15.3%€980k▲ 4.6%
Operating result€18k-€-219k€351k€251k▼ 28.7%€253k▲ 1.0%
Net result€8k-€-208k€319k€146k▼ 54.2%€180k▲ 23.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.68M
Fixed assets
€625k▼ 11.5%
Current assets
€2.06M▲ 1.0%
Equity and liabilities €2.68M
Equity
€980k▲ 4.6%
Debt
€1.70M▼ 5.8%
The debt ratio falls from 65.8% to 63.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€370k▼
2024 · €389k
Cash flow
€297k▲
2024 · €285k
Solvency
36.5%▲
2024 · 34.2%
Current ratio
1.68▼
2024 · 1.71
Quick ratio
1.29▲
2024 · 1.28
Debt / equity
1.74▼
2024 · 1.93
ROE
18.4%▲
2024 · 15.6%
ROA
6.7%▲
2024 · 5.3%
Interest coverage
10.38▲
2024 · 5.54
Debt
€1.70M▼
2024 · €1.81M
Debt ≤ 1 year
€1.22M▲
2024 · €1.19M
Debt > 1 year
€454k▼
2024 · €587k
Income taxes
€65k▲
2024 · €58k
Staff costs
€2.75M▲
2024 · €2.47M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.74M€2.68M▼
Fixed assets21/28€706k€625k▼
Intangible fixed assets21€114k€42k▼
Tangible fixed assets22/27€575k€565k▼
Land and buildings22€509k€489k▼
Plant, machinery and equipment23€41k€44k▲
Furniture and vehicles24€24k€32k▲
Financial fixed assets28€18k€18k=
Current assets29/58€2.04M€2.06M▲
Stocks and contracts in progress3€520k€481k▼
Stocks30/36€520k€481k▼
Amounts receivable within one year40/41€1.31M€1.20M▼
Trade receivables40€1.28M€1.17M▼
Other amounts receivable41€32k€33k▲
Cash at bank and in hand54/58€178k€347k▲
Deferred charges and accrued income490/1€29k€27k▼
Equity and liabilities
Total equity and liabilities10/49€2.74M€2.68M▼
Equity10/15€937k€980k▲
Contributions10/11€300k€300k=
Capital10€300k€300k=
Issued capital100€300k€300k=
Reserves13€603k€667k▲
Non-distributable reserves130/1€104k€104k=
Legal reserve130€30k€30k=
Reserves not available under the articles1311€74k€74k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€479k€543k▲
Profit (loss) carried forward14-€0
Investment grants15€35k€13k▼
Amounts payable17/49€1.81M€1.70M▼
Amounts payable after more than one year17€587k€454k▼
Financial debts170/4€587k€454k▼
Amounts payable within one year42/48€1.19M€1.22M▲
Current portion of amounts payable after more than one year42€338k€378k▲
Trade debts44€370k€231k▼
Suppliers440/4€370k€231k▼
Taxes, remuneration and social security45€474k€591k▲
Taxes450/3€130k€184k▲
Remuneration and social security454/9€344k€407k▲
Other amounts payable47/48€7k€23k▲
Accrued charges and deferred income492/3€31k€26k▼
Income statement
Code20242025
Remuneration, social security and pensions62€2.47M€2.75M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€138k€117k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€676€0▼
Other operating charges640/8€17k€23k▲
Gross operating margin9900€2.88M€3.14M▲
Operating profit (loss)9901€251k€253k▲
Financial income75/76B€23k€28k▲
Recurring financial income75€23k€28k▲
Financial charges65/66B€70k€36k▼
Recurring financial charges65€70k€36k▼
Profit (loss) for the period before taxes9903€204k€245k▲
Income taxes67/77€58k€65k▲
Profit (loss) for the period9904€146k€180k▲
Profit (loss) for the period to be appropriated9905€146k€180k▲
Appropriation of the result
Profit (loss) to be appropriated9906€146k€180k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€146k€65k▼
To other reserves6921€146k€65k▼
Profit to be distributed694/7-€116k
Return on contributions (dividend)694-€116k
The notes to these accounts (22 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €319k
Net result €319k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
31-12
Financial
Weakest financial yearnet €-208k ▼2704%
Net result drops to €-208k, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Mechelen · 2 establishment units since 1999
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.
Muizenhoekstraat(MZN) 102812 MechelenGround area
1.6 ha
Building footprint
1,750 m²
Volume, LiDAR
9,640 m³
3 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Gestelhoflei 65, 2820 Bonheiden
since 19992.092.672.258
A COMFORT SHOP
since 20162.251.612.302
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12409A0096/00R000 | Flanders | 1.1 ha | 1 · 238 m² | 6.9 m · 1 fl. |
| 12005A0239/00K005 | Flanders | 3,583 m² | 1 · 1,333 m² | 6.9 m · 2 fl. |
| 12005D0131/00T002 | Flanders | 927 m² | 1 · 178 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 13 entries · 66,498 EUR awarded · 66,487 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 21,296 EUR | 21,426 EUR |
| 2024 | 3 | 21,272 EUR | 21,464 EUR |
| 2023 | 3 | 13,504 EUR | 13,171 EUR |
| 2022 | 4 | 10,426 EUR | 10,426 EUR |
Schemes
Individueel Maatwerk
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Hulpmiddelen voor personen met een beperkte mobiliteit
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Care and welfare
1 serviceAlbatros
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Of 1,170 companies in sector 46499 we hold annual accounts for 743. 496 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-09-1999
Fiscal year end31-12
Activities, NACEBEL
32500Manufacture of medical and dental instruments and supplies
46499Wholesale of other household goods
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.