ALBERT EN CO
ActiveALBERT EN CO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €-3k. Equity is shrinking by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 33% of 1541 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-3
Solvency39=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.17 in 2024; short-term debt: 38.8% and cash: 3.7% of total assets), and 85.8% of the assets are financed with debt.
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 10
Relative position
BE, all sectors
reference
Sector 10
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
14.2%
Return on assets
-1.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
12 d early
2023
1 d late
2022
35 d early
2021
20 d early
2020
32 d early
2019
17 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▼ 6.9%
2024 · €46k
2018: €1k
2019: €131k
2020: €107k
2021: €75k
2022: €54k
2023: €44k
2024: €46k
2018 → 2025
Total assets
€304k▼ 6.3%
2024 · €325k
2018: €9k
2019: €201k
2020: €485k
2021: €437k
2022: €396k
2023: €384k
2024: €325k
2018 → 2025
Net result
€-3k
2024 · €3k
2018: €-3k
2019: €-20k
2020: €-24k
2021: €-32k
2022: €-20k
2023: €-11k
2024: €3k
2018 → 2025
Working capital
€-91k▼ 4.1%
2024 · €-87k
2018: €1k
2019: €-34k
2020: €-68k
2021: €-74k
2022: €-87k
2023: €-97k
2024: €-87k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€75k-€54k▼ 27.3%€44k▼ 19.8%€46k▲ 6.2%€43k▼ 6.9%
Operating result€-25k-€-16k▲ 34.4%€-3k▲ 79.9%€9k€2k▼ 77.8%
Net result€-32k-€-20k▲ 35.4%€-11k▲ 47.2%€3k€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 78% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €304k
Fixed assets
€277k▼ 9.9%
Current assets
€28k▲ 58.5%
Equity and liabilities €304k
Equity
€43k▼ 6.9%
Debt
€261k▼ 6.1%
The debt ratio rises from 85.7% to 85.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€41k▼
2024 · €49k
Cash flow
€36k▼
2024 · €42k
Solvency
14.2%▼
2024 · 14.3%
Current ratio
0.23▲
2024 · 0.17
Quick ratio
0.16▲
2024 · 0.11
Debt / equity
6.06▲
2024 · 6.01
ROE
-7.4%▼
2024 · 5.8%
ROA
-1.1%▼
2024 · 0.8%
Interest coverage
8.01▲
2024 · 7.72
Debt
€261k▼
2024 · €278k
Debt ≤ 1 year
€118k▲
2024 · €104k
Debt > 1 year
€143k▼
2024 · €174k
Income taxes
€173▼
2024 · €343
Staff costs
€111k▼
2024 · €118k
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€325k€304k▼
Fixed assets21/28€307k€277k▼
Tangible fixed assets22/27€306k€277k▼
Land and buildings22€283k€259k▼
Plant, machinery and equipment23€22k€16k▼
Furniture and vehicles24€355€2k▲
Financial fixed assets28€2k€15▼
Current assets29/58€17k€28k▲
Stocks and contracts in progress3€6k€8k▲
Stocks30/36€6k€8k▲
Amounts receivable within one year40/41€9k€8k▼
Trade receivables40€9k€8k▼
Other amounts receivable41€102€150▲
Cash at bank and in hand54/58€2k€11k▲
Deferred charges and accrued income490/1€265€0▼
Equity and liabilities
Total equity and liabilities10/49€325k€304k▼
Equity10/15€46k€43k▼
Contributions10/11€170k€170k=
Profit (loss) carried forward14€-123k€-126k▼
Amounts payable17/49€278k€261k▼
Amounts payable after more than one year17€174k€143k▼
Financial debts170/4€174k€143k▼
Amounts payable within one year42/48€104k€118k▲
Current portion of amounts payable after more than one year42€31k€31k▼
Trade debts44€26k€22k▼
Suppliers440/4€26k€22k▼
Taxes, remuneration and social security45€11k€14k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€7k€10k▲
Other amounts payable47/48€37k€51k▲
Income statement
Code20242025
Non-recurring operating income76A-€248
Remuneration, social security and pensions62€118k€111k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€39k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€494
Other operating charges640/8€8k€7k▼
Gross operating margin9900€174k€159k▼
Operating profit (loss)9901€9k€2k▼
Financial income75/76B€18€26▲
Recurring financial income75€18€26▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€3k€-3k▼
Income taxes67/77€343€173▼
Profit (loss) for the period9904€3k€-3k▼
Profit (loss) for the period to be appropriated9905€3k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-123k€-126k▼
Profit (loss) brought forward from the previous period14P€-126k€-123k▲
The notes to these accounts (12 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after 6 loss-making years.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €131k ▲9752%
Equity rises from €1k to €131k.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
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.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Niklaas · 2 establishment units since 2008
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.
Nieuwstraat 1409100 Sint-NiklaasGround area
4,495 m²
Building footprint
4,055 m²
Volume, LiDAR
35,379 m³
2 parcels, Flanders · tallest building 19.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Albert & Co
since 20082.173.378.040
Albert & Co
since 20202.297.074.321
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0471/00Z006indicative | Flanders | 3,938 m² | 1 · 3,924 m² | 19.1 m · 2 fl. |
| 46443E1430/00E000 | Flanders | 558 m² | 1 · 131 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 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
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Niklaas2.297.074.321
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BAKKERIJ MARC
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Of 4,227 companies in sector 10712 we hold annual accounts for 1,870. 1,503 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2008
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56309Food and beverage service activities
68110Buying and selling of own real estate
68321Property management for co-owned buildings (syndics)
85599Other education
86999Other human health activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.