ALBECON
ActiveSummary
ALBECON has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €392,339 and a net result of €31,716. Equity has been growing by about 4.7% per year since 2018. Its solvency ranks better than 59% of 2,334 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-07-1985 Normal situation
- Activity
- Machining of metals NACE 25530and 1 other
- Establishment unit
- 2.027.390.961 8540 Deerlijk, since 10-07-1985
- Financial year end
- 31 December
- Peppol
- Reachable since 28-08-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €183,705
- ▲ 0.3%
- Turnover
- ≈ €460,000
- estimated
- Profit
- €31,716
- ▼ 37.5%
- Equity
- €392,339
- ▲ 8.8%
- Total assets
- €721,777
- ▲ 14.9%
- Employees on 31-12-2025
- 2
- ▼ 33.3%
- 2025 accounts filed 49 days after the deadline
Score breakdownraises riskLast filed accounts filed 49 days late; 2 of the last 3 accounts lateSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskFounded in 1985Size: total assets €721,777Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro). It does better than 58% of them on solvency, 31% on liquidity, 49% on profitability and 57% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 49 days after the deadline Filed on 18 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00525111.
Annual accounts 2025 filed on 18-09-2026 at the NBB all 39 filings
Amounts without an identifiable currency are taken as euros.
Every figure per financial year
The operating result for 2025 is 35% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-12-2021 | 30-12-2022 | 30-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 4 | 3 | 2 |
| full-time | 2 | 3 | 4 | 2 | 2 |
| part-time | 1 | - | - | 1 | 0 |
| in full-time equivalents | 2.2 | 3 | 4 | 2.2 | 2 |
| Average over the year, in full-time equivalents | 2.7 | 3.1 | 3.4 | 2.4 | 2.4 |
| On a permanent contract | 3 | 3 | 3 | 2 | 2 |
| Joined | 3 | 7 | 3 | 8 | 14 |
| Left | 3 | 7 | 2 | 9 | 15 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 30-12-2021 | 30-12-2022 | 30-12-2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €192,500 | €192,500 | €192,500 | €192,500 | €192,500 |
| Carrying value of the mortgaged assets | €401,203 | €394,275 | €389,650 | €398,392 | €395,311 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-12-2021 | 30-12-2022 | 30-12-2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,385 | €7,717 | €9,519 | €21,375 | €34,188 |
| Depreciation and write-downs of the year | €20,716 | €19,628 | €10,430 | €9,051 | €11,641 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €9,839 | - |
| Remuneration, social security and pensions62 | - | - | - | €101,432 | €124,693 | €104,451 | €92,594 | €116,244 | ▲ 25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,774 | €20,723 | €19,998 | €20,716 | €19,628 | €10,430 | €9,051 | €11,641 | ▲ 28.6% |
| Other operating charges640/8 | - | - | - | €7,059 | €6,013 | €6,999 | €6,795 | €7,055 | ▲ 3.8% |
| Gross operating margin9900 | €187,094 | €162,128 | €171,201 | €132,420 | €229,062 | €126,185 | €183,183 | €183,705 | ▲ 0.3% |
| Operating profit (loss)9901 | €40,834 | €5,441 | €15,473 | €3,213 | €78,728 | €4,306 | €74,744 | €48,765 | ▼ 34.8% |
| Financial income75/76B | - | - | - | - | €933 | €514 | €6 | €286 | ▲ 46× |
| Recurring financial income75 | €0 | €0 | €292 | - | €933 | €514 | €6 | €286 | ▲ 46× |
| Financial charges65/66B | - | - | - | €12,913 | €12,736 | €11,334 | €10,723 | €9,912 | ▼ 7.6% |
| Recurring financial charges65 | €15,173 | €15,365 | €13,138 | €12,913 | €12,736 | €11,334 | €10,723 | €9,912 | ▼ 7.6% |
| Profit (loss) for the period before taxes9903 | €25,661 | -€9,923 | €2,627 | -€9,700 | €66,925 | -€6,514 | €64,026 | €39,138 | ▼ 38.9% |
| Income taxes67/77 | €268 | €444 | €406 | €395 | €8,354 | €387 | €13,275 | €7,422 | ▼ 44.1% |
| Profit (loss) for the period9904 | €25,393 | -€10,368 | €2,221 | -€10,095 | €58,571 | -€6,901 | €50,751 | €31,716 | ▼ 37.5% |
| Profit (loss) for the period to be appropriated9905 | €25,393 | -€10,368 | €2,221 | -€10,095 | €58,571 | -€6,901 | €50,751 | €31,716 | ▼ 37.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €718,289 | €681,217 | €745,381 | €696,358 | €740,304 | €600,442 | €628,044 | €721,777 | ▲ 14.9% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €490,797 | €471,817 | €458,183 | €438,851 | €426,940 | €426,030 | €438,354 | €456,179 | ▲ 4.1% |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €490,797 | €471,817 | €458,183 | €438,851 | €426,940 | €426,030 | €438,354 | €456,179 | ▲ 4.1% |
| Land and buildings22 | - | - | - | €411,210 | €406,537 | €401,979 | €398,392 | €395,311 | ▼ 0.8% |
| Plant, machinery and equipment23 | - | - | - | €21,675 | €13,005 | €11,255 | €11,168 | €37,481 | ▲ 236% |
| Furniture and vehicles24 | - | - | - | €5,966 | €7,398 | €12,796 | €28,793 | €23,388 | ▼ 18.8% |
| Financial fixed assets28 | €0 | €0 | €0 | - | - | - | - | - | - |
| Current assets29/58 | €227,492 | €209,399 | €287,198 | €257,507 | €313,364 | €174,413 | €189,690 | €265,598 | ▲ 40.0% |
| Stocks and contracts in progress3 | €58,870 | €65,349 | €79,687 | €69,101 | €29,115 | €48,435 | €29,895 | €36,899 | ▲ 23.4% |
| Stocks30/36 | - | - | - | €69,101 | €29,115 | €48,435 | €29,895 | €36,899 | ▲ 23.4% |
| Amounts receivable within one year40/41 | €145,859 | €135,466 | €200,139 | €160,087 | €211,209 | €104,398 | €139,007 | €165,435 | ▲ 19.0% |
| Trade receivables40 | - | - | - | €156,737 | €211,209 | €99,640 | €139,007 | €158,875 | ▲ 14.3% |
| Other amounts receivable41 | - | - | - | €3,351 | - | €4,758 | €0 | €6,559 | - |
| Current investments50/53 | €0 | €0 | €0 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €22,763 | €5,796 | €4,583 | €25,530 | €70,091 | €19,023 | €16,463 | €57,921 | ▲ 252% |
| Deferred charges and accrued income490/1 | - | - | - | €2,789 | €2,949 | €2,557 | €4,326 | €5,342 | ▲ 23.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €718,289 | €681,217 | €745,381 | €696,358 | €740,304 | €600,442 | €628,044 | €721,777 | ▲ 14.9% |
| Equity10/15 | €283,943 | €273,576 | €275,796 | €265,702 | €316,773 | €309,872 | €360,623 | €392,339 | ▲ 8.8% |
| Contributions10/11 | €18,750 | €18,750 | - | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Revaluation surpluses12 | - | - | - | €207,812 | €207,812 | €207,812 | €207,812 | €207,812 | = |
| Reserves13 | €57,381 | €47,014 | €49,234 | €39,140 | €90,211 | €83,310 | €134,061 | €165,777 | ▲ 23.7% |
| Non-distributable reserves130/1 | - | - | - | €1,875 | €1,875 | €1,875 | €1,875 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €1,875 | €1,875 | €1,875 | €1,875 | €0 | ▼ 100% |
| Tax-exempt reserves132 | - | - | - | €5,900 | €5,900 | €5,900 | €5,900 | €5,900 | = |
| Distributable reserves133 | - | - | - | €31,365 | €82,436 | €75,535 | €126,286 | €159,877 | ▲ 26.6% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - | - | - | - | - | - |
| Amounts payable17/49 | €434,346 | €407,641 | €469,584 | €430,656 | €423,532 | €290,570 | €267,421 | €329,438 | ▲ 23.2% |
| Amounts payable after more than one year17 | €179,556 | €160,246 | €150,208 | €129,331 | €107,339 | €84,174 | €59,772 | €49,231 | ▼ 17.6% |
| Financial debts170/4 | - | - | - | €129,331 | €107,339 | €84,174 | €59,772 | €49,231 | ▼ 17.6% |
| Amounts payable within one year42/48 | €254,703 | €247,395 | €318,234 | €301,326 | €315,046 | €205,487 | €206,803 | €277,040 | ▲ 34.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €20,877 | €21,991 | €23,165 | €24,402 | €31,049 | ▲ 27.2% |
| Financial debts43 | - | - | - | €100,000 | €100,000 | €50,000 | €75,000 | €90,000 | ▲ 20.0% |
| Credit institutions430/8 | - | - | - | €100,000 | €100,000 | €50,000 | €75,000 | €90,000 | ▲ 20.0% |
| Trade debts44 | €110,977 | €110,663 | €117,646 | €158,632 | €153,796 | €109,321 | €72,208 | €135,790 | ▲ 88.1% |
| Suppliers440/4 | - | - | - | €158,632 | €153,796 | €109,321 | €72,208 | €135,790 | ▲ 88.1% |
| Taxes, remuneration and social security45 | - | - | - | €21,692 | €31,754 | €19,790 | €34,506 | €20,200 | ▼ 41.5% |
| Taxes450/3 | - | - | - | €5,869 | €5,039 | €6,796 | €12,725 | €4,310 | ▼ 66.1% |
| Remuneration and social security454/9 | - | - | - | €15,823 | €26,714 | €12,995 | €21,781 | €15,891 | ▼ 27.0% |
| Other amounts payable47/48 | - | - | - | €125 | €7,506 | €3,210 | €687 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,146 | €909 | €845 | €3,167 | ▲ 275% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,393 | -€10,368 | €2,221 | -€10,095 | €58,571 | -€6,901 | €50,751 | €31,716 | ▼ 37.5% |
| + Depreciation and write-downs630 | €20,774 | €20,723 | €19,998 | €20,716 | €19,628 | €10,430 | €9,051 | €11,641 | ▲ 28.6% |
| Operating cash flow (approximation) | €46,167 | €10,355 | €22,218 | €10,622 | €78,199 | €3,529 | €59,802 | €43,358 | ▼ 27.5% |
| Investment in fixed assets (approximation) | - | -€1,743 | -€6,363 | -€1,385 | -€7,717 | -€9,519 | -€21,375 | -€29,467 | ▼ 37.9% |
| Change in cash | - | -€16,967 | -€1,213 | €20,947 | €44,561 | -€51,068 | -€2,560 | €41,458 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as ALBECON has now. Two years later, 94.4% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALBECON itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for ALBECON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 39 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-09-2026 | 2026-00525111 | |
| 31-12-2024 | abbreviated format | 14-11-2025 | 2025-00566430 | |
| 30-12-2023 | micro format | 20-08-2024 | 2024-00357129 | |
| 30-12-2022 | micro format | 21-08-2023 | 2023-00342010 | |
| 30-12-2021 | micro format | 20-07-2022 | 2022-20210260 | |
| 30-12-2020 | micro format | 28-08-2021 | 2021-61600440 | |
| 30-12-2019 | micro format | 30-06-2020 | 2020-23900195 | |
| 30-12-2018 | micro format | 09-07-2019 | 2019-30400526 | |
| 30-12-2017 | micro format | 27-06-2018 | 2018-23600302 | |
| 30-12-2016 | abbreviated format | 27-06-2017 | 2017-22300459 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 10-01-2025 Converted to unavailable equity · €20,625
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| LECONTE Bart Julien Gaston |
|
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 250 shares
Articles of association, deed of 10-01-2025 (in Dutch)
Network & group
ALBECON shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ALBECON. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
10-01
Gazette deed
Resignation: LECONTE Bart Julien Gaston (director)Reappointment: LECONTE Bart Julien Gaston (director) · “1. Bevestigings en constructiematerialen, onderdelen van installaties, buizen, ijzerwaren,... met andere…” (deed in Dutch) · Legal-form conversion: to private limited company5 points ▸
- General meeting, 23-12-2024
- Legal-form conversion, to private limited company
- Director resignation, LECONTE Bart Julien Gaston
- Director reappointment, LECONTE Bart Julien Gaston (director (not named in the articles))
- Registered office clause, Fabrieksstraat 26A, 8540 Deerlijk
- The deed holds 9 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
24 activities
- 1. Bevestigings en constructiematerialen, onderdelen van installaties, buizen, ijzerwaren,... met andere woorden van alle soorten bevestigingen en constructies zonder enige beperkende interpretatie.
- Het aannemen en uitvoeren van alle metalen constructiewerken, alsook het aanmaken en leveren van alle metalen constructies, zowel voor bedrijfsgebouwen als voor alle andere, zowel in hoofdorde als bijkomstig bij andere gebouwen.
- Het aannemen en uitvoeren van aanmaken en leveren van alle diensten en producten, aanverwant of samengaande met de uitvoering van metalen constructies en constructiewerken.
- Alle werken voorafgaand aan de uitvoering van alle metalen constructiewerken, waaronder alle afbraakwerken, opruimingswerken en funderingswerken.
- De aanneming van alle mogelijke laswerken.
- Metaalconstructies en metalen kunstwerken, omvattende: montage- en demontagewerk, buis- en andere soortgelijke constructies.
- Vervaardiging van artikelen in hout
- Zagen en schaven van hout
- Het verzagen van bomen, het verzagen van stammen en andere houtvormen
- Klieven van hout
- Schrijnwerk van hout
- Handelsbemiddeling in hout en bouwmaterialen
- Het organiseren en geven van opleidingen.
- Het uitvoeren van consultancy opdrachten.
- Het organiseren van allerlei evenementen.
- Het optreden als tussenpersoon in de handel.
- Het waarnemen van bestuursopdrachten in andere vennootschappen.
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen, alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, het aankopen, verkopen, ruilen, verhuren, huren, prospecteren en uitbaten van onroerende goederen of rechten in onroerende goederen, de aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtsreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend financieel patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen.
- De vennootschap kan overgaan tot de aankoop, het huren en/of leasen van alle apparatuur en begeleidende accommodaties, inclusief gebouwen (en ook de constructie van gebouwen ), kortom een volledige materiele infrastructuur om deze ter beschikking te stellen van de manager/bestuurder/werkende vennoot.
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen, het stimuleren, de planning, de coördinatie van de ontwikkeling en investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, onder om het even welke vorm, in dit kader kan zij zich ook borgstellen of haar aval verlenen, en in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen.
- Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard, in de ruimste zin, met uitzondering van adviezen inzake beleggingen en geldplaatsingen, het verlenen van bijstand en diensten verlenen, rechtsreeks of onrechtstreeks op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur.
- Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, knowhow en aanverwante duurzame activa.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Dual-learning approval
2 live approvals · 1 endedShow 1 ended approval
Sites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34009B1186/00T000 | Flanders | 4,751 m² | 1 · 1,444 m² | 11.7 m · 3 |
| 34009B1186/00V000 | Flanders | 1,299 m² | 1 · 1,111 m² | 10.4 m · 2 |