ALBERT COLLECTION
ActiveSummary
ALBERT COLLECTION has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €168,561 and a net result of €9,718. Equity is growing by ~9.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability41▲+23
Solvency53▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.17 in 2023; short-term debt: 64.4% and cash: 24.6% of total assets), and 72% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
24 d early
2023
43 d early
2022
14 d early
2021
31 d late
2020
3 d early
2019
31 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 17 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 7 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9,718
2023 · -€23,119
Working capital
€65,909▲ 1.1%
2023 · €65,207
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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 47, Retail trade, 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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€68,070▲ 24.2%€81,123▲ 19.2%€14,554▼ 82.1%-€9,750€28,931
Net result€43,159above the sector's middle half▲ 41.5%€48,385above the sector's middle half▲ 12.1%€1,825within the sector's middle half▼ 96.2%-€23,119below the sector's middle half€9,718within the sector's middle half
Equity€150,942above the sector's middle half▲ 40.0%€199,328above the sector's middle half▲ 32.1%€181,962above the sector's middle half▼ 8.7%€158,843within the sector's middle half▼ 12.7%€168,561within the sector's middle half▲ 6.1%
Total assets€412,544above the sector's middle half▼ 0.1%€486,064above the sector's middle half▲ 17.8%€484,817above the sector's middle half▼ 0.3%€615,139within the sector's middle half▲ 26.9%€600,976within the sector's middle half▼ 2.3%
Debt€261,602▼ 14.2%€286,736▲ 9.6%€302,854▲ 5.6%€456,296▲ 50.7%€432,414▼ 5.2%
Working capital€140,382above the sector's middle half▲ 39.0%€187,202above the sector's middle half▲ 33.4%€155,424above the sector's middle half▼ 17.0%€65,207within the sector's middle half▼ 58.0%€65,909within the sector's middle half▲ 1.1%
Solvency36.6%within the sector's middle half▲ 10.5pp41.0%within the sector's middle half▲ 4.4pp37.5%within the sector's middle half▼ 3.5pp25.8%within the sector's middle half▼ 11.7pp28.0%within the sector's middle half▲ 2.2pp
Current ratio1.58within the sector's middle half▲ 0.211.69within the sector's middle half▲ 0.101.53within the sector's middle half▼ 0.161.17within the sector's middle half▼ 0.361.17within the sector's middle half=
Return on assets (ROA)10.5%within the sector's middle half▲ 3.1pp10.0%within the sector's middle half▼ 0.5pp0.4%within the sector's middle half▼ 9.6pp-3.8%below the sector's middle half▼ 4.1pp1.6%within the sector's middle half▲ 5.4pp
Staff (FTE)1.8within the sector's middle half▲ 20.0%1.6▼ 11.1%2.4▲ 50.0%2.8within the sector's middle half▲ 16.7%2.8within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €28,931 after a loss of €9,750 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €600,976
Fixed assets
€148,296 ▼ 6.8%
Current assets
€452,680 ▼ 0.7%
Equity and liabilities €600,976
Equity
€168,561 ▲ 6.1%
Debt
€432,414 ▼ 5.2%
Debt's share of the balance-sheet total falls from 74.2% to 72.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49,608▲
2023 · €6,075
Cash flow
€30,395▲
2023 · -€7,295
Quick ratio
0.52=
2023 · 0.52
Debt to equity
2.57▼
2023 · 2.87
ROE
5.8%▲
2023 · -14.6%
Interest coverage
2.44▲
2023 · 0.47
Debt ≤ 1 year
€386,772▼
2023 · €390,806
Debt > 1 year
€45,643▼
2023 · €65,489
Income taxes
€914▼
2023 · €949
Staff costs
€132,131▲
2023 · €125,358
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
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 3,984 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,719 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €61,720 | €95,651 | €125,358 | €132,131 | ▲ 5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,781 | €5,434 | €5,304 | €15,824 | €20,677 | ▲ 30.7% |
| Other operating charges640/8 | - | €4,556 | €2,600 | €7,998 | €1,928 | ▼ 75.9% |
| Non-recurring operating charges66A | - | - | €2,531 | €0 | - | - |
| Gross operating margin9900 | €115,145 | €152,833 | €120,640 | €139,430 | €183,668 | ▲ 31.7% |
| Operating profit (loss)9901 | €68,070 | €81,123 | €14,554 | -€9,750 | €28,931 | ▲ 397% |
| Financial income75/76B | - | €1,211 | €778 | €435 | €2,027 | ▲ 366% |
| Recurring financial income75 | €1,078 | €1,211 | €778 | €435 | €2,027 | ▲ 366% |
| Financial charges65/66B | - | €9,193 | €10,724 | €12,855 | €20,326 | ▲ 58.1% |
| Recurring financial charges65 | €6,758 | €9,193 | €10,724 | €12,855 | €20,326 | ▲ 58.1% |
| Profit (loss) for the period before taxes9903 | €62,390 | €73,141 | €4,609 | -€22,170 | €10,632 | ▲ 148% |
| Income taxes67/77 | €19,232 | €24,756 | €2,784 | €949 | €914 | ▼ 3.8% |
| Profit (loss) for the period9904 | €43,159 | €48,385 | €1,825 | -€23,119 | €9,718 | ▲ 142% |
| Profit (loss) for the period to be appropriated9905 | €44,659 | €48,385 | €1,825 | -€23,119 | €9,718 | ▲ 142% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €412,544 | €486,064 | €484,817 | €615,139 | €600,976 | ▼ 2.3% |
| Fixed assets21/28 | €31,852 | €26,418 | €33,734 | €159,126 | €148,296 | ▼ 6.8% |
| Tangible fixed assets22/27 | €31,355 | €25,921 | €33,237 | €158,629 | €147,799 | ▼ 6.8% |
| Plant, machinery and equipment23 | - | - | - | €129,106 | €118,596 | ▼ 8.1% |
| Furniture and vehicles24 | - | €1,719 | - | €1,202 | €6,077 | ▲ 406% |
| Other tangible fixed assets26 | - | €24,202 | €33,237 | €28,321 | €23,126 | ▼ 18.3% |
| Financial fixed assets28 | €497 | €497 | €497 | €497 | €497 | = |
| Current assets29/58 | €380,693 | €459,646 | €451,082 | €456,013 | €452,680 | ▼ 0.7% |
| Stocks and contracts in progress3 | €188,645 | €203,940 | €249,520 | €251,540 | €250,370 | ▼ 0.5% |
| Stocks30/36 | - | €203,940 | €249,520 | €251,540 | €250,370 | ▼ 0.5% |
| Amounts receivable within one year40/41 | €31,394 | €50,512 | €46,782 | €59,718 | €54,048 | ▼ 9.5% |
| Trade receivables40 | - | €37,873 | €25,927 | €28,451 | €15,911 | ▼ 44.1% |
| Other amounts receivable41 | - | €12,639 | €20,855 | €31,266 | €38,137 | ▲ 22.0% |
| Cash at bank and in hand54/58 | €157,970 | €204,221 | €153,375 | €143,389 | €148,017 | ▲ 3.2% |
| Deferred charges and accrued income490/1 | - | €973 | €1,406 | €1,367 | €246 | ▼ 82.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €412,544 | €486,064 | €484,817 | €615,139 | €600,976 | ▼ 2.3% |
| Equity10/15 | €150,942 | €199,328 | €181,962 | €158,843 | €168,561 | ▲ 6.1% |
| Contributions10/11 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €144,745 | €193,130 | €175,765 | €175,765 | €162,364 | ▼ 7.6% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €0 | - | - |
| Distributable reserves133 | - | €191,271 | €173,906 | €175,765 | €162,364 | ▼ 7.6% |
| Profit (loss) carried forward14 | - | - | - | -€23,119 | €0 | ▲ 100% |
| Amounts payable17/49 | €261,602 | €286,736 | €302,854 | €456,296 | €432,414 | ▼ 5.2% |
| Amounts payable after more than one year17 | €21,292 | €14,293 | €7,196 | €65,489 | €45,643 | ▼ 30.3% |
| Financial debts170/4 | - | €14,293 | €7,196 | €65,489 | €45,643 | ▼ 30.3% |
| Amounts payable within one year42/48 | €240,311 | €272,443 | €295,658 | €390,806 | €386,772 | ▼ 1.0% |
| Current portion of amounts payable after more than one year42 | - | €6,999 | €7,097 | €26,303 | €19,847 | ▼ 24.5% |
| Financial debts43 | - | €127,519 | €130,038 | €131,763 | €131,773 | = |
| Credit institutions430/8 | - | €127,519 | €130,038 | €131,763 | €131,773 | = |
| Trade debts44 | €26,753 | €43,583 | €45,351 | €47,869 | €52,590 | ▲ 9.9% |
| Suppliers440/4 | - | €43,583 | €45,351 | €47,869 | €52,590 | ▲ 9.9% |
| Taxes, remuneration and social security45 | - | €94,343 | €93,982 | €97,237 | €91,187 | ▼ 6.2% |
| Taxes450/3 | - | €77,790 | €65,600 | €61,300 | €61,606 | ▲ 0.5% |
| Remuneration and social security454/9 | - | €16,553 | €28,382 | €35,937 | €29,580 | ▼ 17.7% |
| Other amounts payable47/48 | - | - | €19,190 | €87,634 | €91,375 | ▲ 4.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,159 | €48,385 | €1,825 | -€23,119 | €9,718 | ▲ 142% |
| + Depreciation and write-downs630 | €14,781 | €5,434 | €5,304 | €15,824 | €20,677 | ▲ 30.7% |
| Operating cash flow (approximation) | €57,940 | €53,819 | €7,129 | -€7,295 | €30,395 | ▲ 517% |
| Investment in fixed assets (approximation) | - | €0 | -€12,621 | -€141,216 | -€9,847 | ▲ 93.0% |
| Change in cash | - | €46,250 | -€50,846 | -€9,985 | €4,628 | ▲ 146% |
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
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €9,718
Net result €9,718 after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet -€23,119
Net result drops to -€23,119, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €48,385 ▲12.1%
Operating result €81,123, net result €48,385, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150,000Eq €150,942 ▲40%
3 profitable years in a row build equity to €150,942.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100,000Eq €107,784 ▲39.5%
2 profitable years in a row build equity to €107,784.
Show earlier events
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Comines-Warneton · 1 establishment unit since 1996
Ground area
730 m²
Building footprint
148 m²
Volume, LiDAR
1,554 m³
Parcel 54002C0554/00H000, Wallonia · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Voorstadstraat(KOM) 68-70-72, 7780 Comines-Warneton
since 19962.076.886.301
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54002C0554/00H000 | Wallonia | 730 m² | 1 · 148 m² | 12.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,312 companies in this sector we hold annual accounts for 624. 499 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded25-03-1996
Fiscal year end31-12
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
47512Retail sale of household textiles and bedding
47513Retail trade
47519Retail trade
47551Retail sale of household furniture
47553Retail trade
47559Retail sale of other household articles
47715Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
E-invoicing
Reachable via Peppol
Peppol ID
0208:0457604725
Also
9925:BE0457604725
Registered
02-12-2025
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.