Albergo
ActiveAlbergo has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-234k) and a net result of €800. Equity is shrinking by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 3614 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency33▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.54 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
-70.2%
Return on assets
0.2%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 3614 sector peers (2025).
NBB · sector comparisonPosition among 3614 sector peers
Solvency
better than 10%
← weakest
strongest →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
36 d early
2023
27 d early
2022
26 d early
2020
144 d late
2019
236 d late
2018
313 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-234k▲ 0.3%
2024 · €-235k
2018: €-116k
2019: €-65k
2020: €-153k
2022: €-478k
2023: €-248k
2024: €-235k
2018 → 2025
Total assets
€334k▼ 27.2%
2024 · €458k
2018: €1.36M
2019: €1.49M
2020: €1.46M
2022: €490k
2023: €471k
2024: €458k
2018 → 2025
Net result
€800▼ 94.0%
2024 · €13k
2018: €14k
2019: €51k
2020: €-88k
2022: €-388k
2023: €230k
2024: €13k
2018 → 2025
Working capital
€-86k▲ 33.1%
2024 · €-129k
2018: €-260k
2019: €-216k
2020: €-279k
2022: €-334k
2023: €-162k
2024: €-129k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€-153k-€-478k▼ 213%€-248k▲ 48.1%€-235k▲ 5.4%€-234k▲ 0.3%
Operating result€-100k-€-226k▼ 125%€129k€34k▼ 73.3%€21k▼ 40.1%
Net result€-88k-€-388k▼ 340%€230k€13k▼ 94.2%€800▼ 94.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €334k
Fixed assets
€265k▼ 13.2%
Current assets
€68k▼ 55.2%
Key figures and ratios
EBITDA
€70k▼
2024 · €81k
Cash flow
€50k▼
2024 · €60k
Solvency
-70.2%▼
2024 · -51.2%
Current ratio
0.44▼
2024 · 0.54
Quick ratio
0.17▼
2024 · 0.41
Debt / equity
-2.43▲
2024 · -2.95
ROE
-0.3%▲
2024 · -5.7%
ROA
0.2%▼
2024 · 2.9%
Interest coverage
3.51▼
2024 · 3.84
Debt
€568k▼
2024 · €693k
Debt ≤ 1 year
€154k▼
2024 · €281k
Debt > 1 year
€400k=
2024 · €400k
Staff costs
€283k▼
2024 · €408k
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€458k€334k▼
Fixed assets21/28€306k€265k▼
Intangible fixed assets21€1k€632▼
Tangible fixed assets22/27€294k€254k▼
Plant, machinery and equipment23€78k€75k▼
Furniture and vehicles24€485€285▼
Other tangible fixed assets26€216k€179k▼
Financial fixed assets28€11k€11k=
Current assets29/58€153k€68k▼
Stocks and contracts in progress3€37k€42k▲
Stocks30/36€37k€42k▲
Amounts receivable within one year40/41€8k€7k▼
Trade receivables40€8k€7k▼
Cash at bank and in hand54/58€104k€16k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€458k€334k▼
Equity10/15€-235k€-234k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-257k€-256k▲
Amounts payable17/49€693k€568k▼
Amounts payable after more than one year17€400k€400k=
Other amounts payable178/9€400k€400k=
Amounts payable within one year42/48€281k€154k▼
Current portion of amounts payable after more than one year42-€10k
Trade debts44€86k€70k▼
Suppliers440/4€86k€70k▼
Taxes, remuneration and social security45€43k€34k▼
Taxes450/3€5k€6k▲
Remuneration and social security454/9€38k€28k▼
Other amounts payable47/48€152k€40k▼
Accrued charges and deferred income492/3€12k€13k▲
Income statement
Code20242025
Remuneration, social security and pensions62€408k€283k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€49k▲
Other operating charges640/8€9k€9k▲
Gross operating margin9900€498k€361k▼
Operating profit (loss)9901€34k€21k▼
Financial income75/76B€253€75▼
Recurring financial income75€253€75▼
Financial charges65/66B€21k€20k▼
Recurring financial charges65€21k€20k▼
Profit (loss) for the period before taxes9903€13k€800▼
Profit (loss) for the period9904€13k€800▼
Profit (loss) for the period to be appropriated9905€13k€800▼
Appropriation of the result
Profit (loss) to be appropriated9906€-257k€-256k▲
Profit (loss) brought forward from the previous period14P€-270k€-257k▲
Social balance
Average headcount (FTE)90879.67.1▼
The notes to these accounts (10 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €230k
Net result €230k after 2 loss-making years.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-388k
Net result drops to €-388k, the lowest in the series; recovery starts the following year.
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 144 days late
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 236 days late
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 313 days late
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 504 days late
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 704 days late
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Brugge · 1 establishment unit since 2004
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.
Zilverstraat 388000 BruggeGround area
560 m²
Building footprint
309 m²
Volume, LiDAR
2,681 m³
Parcel 31804D0595/00A000, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Cafedraal
since 20042.134.813.612
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D0595/00A000 | Flanders | 560 m² | 1 · 309 m² | 12.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.134.813.612
Dual-learning approval
5 live approvals · 1 endedHulpkelner (vwo)
Hulpkelner duaal (so)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Restaurant en keuken duaal (so)
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Of 20,231 companies in sector 56111 we hold annual accounts for 11,311. 2,516 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-06-1991
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.