ALBES
ActiveALBES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €589k and a net result of €-62k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 27% of 4504 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
20
/ 100
Critical▼ -24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-38
Solvency9▼-2
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.14 in 2024), and 85.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
28 d late
2023
30 d late
2022
30 d late
2021
61 d late
2020
31 d late
2019
90 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
15-09-2026 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
€-62k
2024 · €50k
2018: €4k
2019: €8k
2020: €-44k
2021: €-1k
2022: €-7k
2023: €11k
2024: €50k
2018 → 2025
Working capital
€-506k▲ 22.9%
2024 · €-656k
2018: €-282k
2019: €-196k
2020: €-117k
2021: €-56k
2022: €-460k
2023: €-670k
2024: €-656k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€598k-€591k▼ 1.1%€602k▲ 1.8%€651k▲ 8.2%€589k▼ 9.6%
Operating result€85k-€99k▲ 16.6%€128k▲ 28.8%€170k▲ 33.3%€59k▼ 65.3%
Net result€-1k-€-7k▼ 511%€11k€50k▲ 366%€-62k
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.18M
Fixed assets
€4.03M▲ 9.3%
Current assets
€151k▲ 39.2%
Equity and liabilities €4.18M
Equity
€589k▼ 9.6%
Debt
€3.59M▲ 14.3%
The debt ratio rises from 82.8% to 85.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€382k▼
2024 · €388k
Cash flow
€260k▼
2024 · €267k
Solvency
14.1%▼
2024 · 17.2%
Current ratio
0.23▲
2024 · 0.14
Quick ratio
0.23▲
2024 · 0.14
Debt / equity
6.10▲
2024 · 4.83
ROE
-10.6%▼
2024 · 7.6%
ROA
-1.5%▼
2024 · 1.3%
Interest coverage
3.14▼
2024 · 3.21
Debt
€3.59M▲
2024 · €3.14M
Debt ≤ 1 year
€656k▼
2024 · €764k
Debt > 1 year
€2.94M▲
2024 · €2.38M
Staff costs
€70k▼
2024 · €73k
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€3.80M€4.18M▲
Fixed assets21/28€3.69M€4.03M▲
Tangible fixed assets22/27€3.68M€4.03M▲
Land and buildings22€3.55M€3.91M▲
Plant, machinery and equipment23€56k€61k▲
Furniture and vehicles24€79k€53k▼
Financial fixed assets28€5k€6k▲
Current assets29/58€108k€151k▲
Amounts receivable within one year40/41€61k€124k▲
Trade receivables40€59k€123k▲
Other amounts receivable41€2k€624▼
Cash at bank and in hand54/58€47k€27k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€3.80M€4.18M▲
Equity10/15€651k€589k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€610k€610k=
Profit (loss) carried forward14€-20k€-83k▼
Amounts payable17/49€3.14M€3.59M▲
Amounts payable after more than one year17€2.38M€2.94M▲
Financial debts170/4€2.38M€2.94M▲
Amounts payable within one year42/48€764k€656k▼
Current portion of amounts payable after more than one year42€245k€330k▲
Trade debts44€252k€2k▼
Suppliers440/4€252k€2k▼
Taxes, remuneration and social security45€26k€8k▼
Taxes450/3€10k€4k▼
Remuneration and social security454/9€17k€5k▼
Other amounts payable47/48€241k€316k▲
Income statement
Code20242025
Remuneration, social security and pensions62€73k€70k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€218k€323k▲
Other operating charges640/8€30k€21k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€491k€473k▼
Operating profit (loss)9901€170k€59k▼
Financial income75/76B€185€75▼
Recurring financial income75€185€75▼
Financial charges65/66B€121k€121k▲
Recurring financial charges65€121k€121k▲
Profit (loss) for the period before taxes9903€50k€-62k▼
Profit (loss) for the period9904€50k€-62k▼
Profit (loss) for the period to be appropriated9905€50k€-62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-83k▼
Profit (loss) brought forward from the previous period14P€-70k€-20k▲
Social balance
Average headcount (FTE)90872.00.0▼
The notes to these accounts (15 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-62k ▼226%
Net result drops to €-62k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €50k ▲366%
Operating result €170k, net result €50k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Hoogstraten · 1 establishment unit since 2011
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.
Minderhoutsestraat 382322 HoogstratenGround area
1,151 m²
Building footprint
261 m²
Volume, LiDAR
1,433 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Albes
since 20112.203.911.660
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014B0105/00M002 | Flanders | 692 m² | 1 · 148 m² | 9.2 m · 1 fl. |
| 13024B0132/00S000 | Flanders | 458 m² | 1 · 113 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GERMIJO
BE 0472.000.020
Hasselt · Eq €589k
Raven Investment Real Estate
BE 0728.644.697
Antwerpen · Eq €589k
NOVOBEL
BE 0726.559.494
Namur · Eq €588k
SENIOR IMMOB
BE 0524.838.492
Waterloo · Eq €590k
DEFRAMA PLUS
BE 0543.591.562
Waregem · Eq €590k
Of 9,093 companies in sector 68201 we hold annual accounts for 6,724. 4,980 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-07-2008
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68321Property management for co-owned buildings (syndics)
68322Real estate activities
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.