ALBETON CONSTRUCT
ActiveSummary
ALBETON CONSTRUCT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €201k and a net result of €14k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 9.96 against 6.0 in 2024; short-term debt: 8.6% and cash: 28.5% of total assets), and 9.8% of the assets are financed with debt.
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Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.2%
Return on assets
6.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-01-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
15 d early
2023
15 d early
2022
26 d early
2021
17 d early
2020
39 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, abbreviated schema
Equity
€201k▲ 7.6%
2024 · €187k
Total assets
€223k▼ 1.9%
2024 · €227k
Net result
€14k▲ 16.3%
2024 · €12k
Working capital
€171k▲ 9.8%
2024 · €156k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€16k▼ 33.1%€15k▼ 4.3%€19k▲ 23.9%€18k▼ 4.8%€21k▲ 18.1%
Net result€11k▼ 37.7%€11k=€13k▲ 19.0%€12k▼ 4.3%€14k▲ 16.3%
Equity€151k▲ 7.7%€161k▲ 7.1%€174k▲ 7.9%€187k▲ 7.0%€201k▲ 7.6%
Total assets€200k▲ 16.5%€203k▲ 1.6%€232k▲ 14.2%€227k▼ 2.2%€223k▼ 1.9%
Debt€49k▲ 55.7%€42k▼ 15.3%€58k▲ 38.5%€40k▼ 30.2%€22k▼ 46.0%
Working capital€137k▲ 2.5%€145k▲ 5.9%€151k▲ 4.5%€156k▲ 2.9%€171k▲ 9.8%
Staff (FTE)1.9▼ 17.4%3.3▲ 73.7%4▲ 21.2%3.4▼ 15.0%1.5▼ 55.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223k
Fixed assets
€32k ▼ 18.7%
Current assets
€190k ▲ 1.7%
Equity and liabilities €223k
Equity
€201k ▲ 7.6%
Debt
€22k ▼ 46.0%
Debt's share of the balance-sheet total falls from 17.8% to 9.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2024 · €32k
Cash flow
€30k▲
2024 · €26k
Current ratio
9.96▲
2024 · 6.00
Debt to equity
0.11▼
2024 · 0.22
ROE
7.1%▲
2024 · 6.6%
ROA
6.4%▲
2024 · 5.4%
Interest coverage
70.80▲
2024 · 36.87
Debt ≤ 1 year
€19k▼
2024 · €31k
Debt > 1 year
€0▼
2024 · €7k
Income taxes
€7k▲
2024 · €6k
Staff costs
€81k▼
2024 · €173k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €128k | €207k | €173k | €81k | ▼ 53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €6k | €8k | €14k | €16k | ▲ 12.8% |
| Other operating charges640/8 | - | €1k | €1k | €1k | €2k | ▲ 36.4% |
| Gross operating margin9900 | €104k | €150k | €234k | €206k | €119k | ▼ 42.1% |
| Operating profit (loss)9901 | €16k | €15k | €19k | €18k | €21k | ▲ 18.1% |
| Financial income75/76B | - | €1k | €509 | €929 | €519 | ▼ 44.1% |
| Recurring financial income75 | €882 | €1k | €509 | €929 | €519 | ▼ 44.1% |
| Financial charges65/66B | - | €568 | €400 | €863 | €520 | ▼ 39.7% |
| Recurring financial charges65 | €613 | €568 | €400 | €863 | €520 | ▼ 39.7% |
| Profit (loss) for the period before taxes9903 | €16k | €16k | €19k | €18k | €21k | ▲ 17.6% |
| Income taxes67/77 | €5k | €5k | €6k | €6k | €7k | ▲ 20.6% |
| Profit (loss) for the period9904 | €11k | €11k | €13k | €12k | €14k | ▲ 16.3% |
| Profit (loss) for the period to be appropriated9905 | €16k | €11k | €13k | €12k | €14k | ▲ 16.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €200k | €203k | €232k | €227k | €223k | ▼ 1.9% |
| Fixed assets21/28 | €24k | €21k | €40k | €40k | €32k | ▼ 18.7% |
| Tangible fixed assets22/27 | €24k | €21k | €40k | €40k | €32k | ▼ 18.7% |
| Plant, machinery and equipment23 | - | €10k | €10k | €17k | €18k | ▲ 6.7% |
| Furniture and vehicles24 | - | €11k | €30k | €22k | €14k | ▼ 38.3% |
| Current assets29/58 | €176k | €182k | €192k | €187k | €190k | ▲ 1.7% |
| Amounts receivable within one year40/41 | €22k | €24k | €21k | €22k | €19k | ▼ 14.2% |
| Trade receivables40 | - | €21k | €13k | €19k | €12k | ▼ 36.8% |
| Other amounts receivable41 | - | €4k | €8k | €3k | €7k | ▲ 121% |
| Current investments50/53 | €124k | €148k | €154k | €104k | €105k | ▲ 0.3% |
| Cash at bank and in hand54/58 | €27k | €7k | €15k | €58k | €63k | ▲ 10.3% |
| Deferred charges and accrued income490/1 | - | €3k | €2k | €3k | €3k | ▲ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €200k | €203k | €232k | €227k | €223k | ▼ 1.9% |
| Equity10/15 | €151k | €161k | €174k | €187k | €201k | ▲ 7.6% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €132k | €143k | €156k | €168k | €182k | ▲ 8.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €141k | €154k | €168k | €182k | ▲ 8.5% |
| Amounts payable17/49 | €49k | €42k | €58k | €40k | €22k | ▼ 46.0% |
| Amounts payable after more than one year17 | €8k | €2k | €15k | €7k | €0 | ▼ 100% |
| Financial debts170/4 | - | €2k | €15k | €7k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €39k | €38k | €41k | €31k | €19k | ▼ 38.7% |
| Current portion of amounts payable after more than one year42 | - | €6k | €10k | €8k | €7k | ▼ 13.2% |
| Trade debts44 | €26k | €13k | €13k | €13k | €8k | ▼ 37.1% |
| Suppliers440/4 | - | €13k | €13k | €13k | €8k | ▼ 37.1% |
| Taxes, remuneration and social security45 | - | €12k | €18k | €10k | €4k | ▼ 61.8% |
| Taxes450/3 | - | €8 | €837 | €334 | €2k | ▲ 383% |
| Remuneration and social security454/9 | - | €12k | €17k | €9k | €2k | ▼ 77.5% |
| Other amounts payable47/48 | - | €6k | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €2k | €2k | €2k | €3k | ▲ 25.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €11k | €13k | €12k | €14k | ▲ 16.3% |
| + Depreciation and write-downs630 | €7k | €6k | €8k | €14k | €16k | ▲ 12.8% |
| Operating cash flow (approximation) | €18k | €17k | €21k | €26k | €30k | ▲ 14.4% |
| Investment in fixed assets (approximation) | - | €-3k | €-27k | €-14k | €-8k | ▲ 39.3% |
| Change in cash | - | €-20k | €7k | €43k | €6k | ▼ 86.1% |
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
16-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Equity above €200kEq €201k ▲7.6%
7 profitable years in a row build equity to €201k.
16-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet €11k ▼37.7%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €150kEq €151k ▲7.7%
3 profitable years in a row build equity to €151k.
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Liquidity doublescurrent ratio 5.55
Current ratio from 2.31 to 5.55; short-term debt falls from €91k to €29k.
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
12-01
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Waasmunster · 1 establishment unit since 2003
Ground area
825 m²
Building footprint
457 m²
Parcel 42342C0847/00W002, Flanders. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Neerstraat 98, 9250 Waasmunster
since 20032.123.221.815
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42342C0847/00W002 | Flanders | 825 m² | 1 · 457 m² | - |
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 8,462 companies in sector 43120 we hold annual accounts for 3,231. 2,597 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-12-2002
Fiscal year end30-06
Activities, NACEBEL 2025
43120Site preparation
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.