ALBIC
Open bankruptcyA bankruptcy procedure is open for ALBIC according to publications in the Belgian State Gazette; curator: Maître VANHAM.
Summary
The 2011 annual accounts show equity of €461,653 and a net result of €279,535.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Tribunal de Commerce de Nivelles
- Declared bankrupt
- 23 December 2013
- Supervising judge
- M. Paul Andre
- Official Gazette
- 07-01-2014 (pdf) ↗search the document for 2014/000726
Deadlines
- File the claim in RegSol until
- passed on 22 January 2014art. XX.104 and XX.155 CEL
- Appeal or third-party opposition until
- passed on 22 January 2014Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- First verification report
- passed on 10 February 2014Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 23 December 2014Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Maître VanhamBernard, avocat à 1400 Nivelles, Rue De Charleroi 2
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2011 was due by 31-07-2012 and was filed on 11-07-2012, 20 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2011, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€279,535▲ 411%
2010 · €54,668
Working capital
-€691,904
2010 · €220,542
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
Line20072008200920102011
Operating result€15,811-€34,165▲ 116%€79,004▲ 131%€92,041▲ 16.5%€393,579▲ 328%
Net result€11,753-€21,279▲ 81.1%€50,536▲ 137%€54,668▲ 8.2%€279,535▲ 411%
Equity€55,635-€76,914▲ 38.2%€127,450▲ 65.7%€182,118▲ 42.9%€461,653▲ 153%
Total assets€1.0m-€1.8m▲ 80.6%€3.7m▲ 102%€4.6m▲ 22.5%€5.3m▲ 16.4%
Debt€964,940-€1.8m▲ 83.0%€3.6m▲ 103%€4.4m▲ 21.7%€4.8m▲ 10.7%
Working capital€69,801-€110,432▲ 58.2%€101,253▼ 8.3%€220,542▲ 118%-€691,904
Staff (FTE)2-3▲ 50.0%3=5.3▲ 76.7%6.1▲ 15.1%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2011 is 328% above 2010 and is the highest result in the available series.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €5.3m
Fixed assets
€1.6m ▲ 298%
Current assets
€3.7m ▼ 10.3%
Equity and liabilities €5.3m
Equity
€461,653 ▲ 153%
Debt
€4.8m ▲ 10.7%
Debt's share of the balance-sheet total falls from 96.0% to 91.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€445,340▲
2010 · €141,226
Cash flow
€331,296▲
2010 · €103,853
Current ratio
0.84▼
2010 · 1.06
Debt to equity
0.32▼
2010 · 0.91
ROE
60.6%▲
2010 · 30.0%
ROA
5.3%▲
2010 · 1.2%
Debt ≤ 1 year
€4.4m▲
2010 · €3.9m
Debt > 1 year
€145,899▼
2010 · €165,188
Income taxes
€104,068▲
2010 · €27,658
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,753 | €18,447 | €42,071 | €49,185 | €51,761 | ▲ 5.2% |
| Gross operating margin9900 | €168,089 | €256,967 | €429,402 | €704,962 | €1.1m | ▲ 53.8% |
| Operating profit (loss)9901 | €15,811 | €34,165 | €79,004 | €92,041 | €393,579 | ▲ 328% |
| Recurring financial income75 | €225 | €21,151 | €9,539 | €1,304 | €647 | ▼ 50.4% |
| Recurring financial charges65 | €272 | €1,418 | €4,847 | €11,019 | €10,543 | ▼ 4.3% |
| Profit (loss) for the period before taxes9903 | €15,764 | €53,898 | €83,581 | €82,326 | €383,603 | ▲ 366% |
| Income taxes67/77 | €4,011 | €32,619 | €33,045 | €27,658 | €104,068 | ▲ 276% |
| Profit (loss) for the period9904 | €11,753 | €21,279 | €50,536 | €54,668 | €279,535 | ▲ 411% |
| Profit (loss) for the period to be appropriated9905 | €11,753 | €21,279 | €50,536 | €54,668 | €152,035 | ▲ 178% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.8m | €3.7m | €4.6m | €5.3m | ▲ 16.4% |
| Formation expenses20 | €395 | €105 | €3,488 | €2,616 | €1,744 | ▼ 33.3% |
| Fixed assets21/28 | €36,142 | €71,691 | €387,701 | €394,682 | €1.6m | ▲ 298% |
| Intangible fixed assets21 | - | €25,720 | €27,034 | €20,937 | €12,004 | ▼ 42.7% |
| Tangible fixed assets22/27 | €28,063 | €18,978 | €330,291 | €344,241 | €327,519 | ▼ 4.9% |
| Financial fixed assets28 | €7,685 | €26,888 | €26,888 | €26,888 | €1.2m | ▲ 4,466% |
| Current assets29/58 | €984,433 | €1.8m | €3.3m | €4.2m | €3.7m | ▼ 10.3% |
| Amounts receivable within one year40/41 | €632,259 | €904,276 | €3.0m | €4.0m | €2.8m | ▼ 30.8% |
| Current investments50/53 | - | €646,399 | - | - | €51,000 | - |
| Cash at bank and in hand54/58 | €349,606 | €217,704 | €354,547 | €155,902 | €908,260 | ▲ 483% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.8m | €3.7m | €4.6m | €5.3m | ▲ 16.4% |
| Equity10/15 | €55,635 | €76,914 | €127,450 | €182,118 | €461,653 | ▲ 153% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Reserves13 | - | €6,250 | €6,250 | €6,250 | €133,750 | ▲ 2,040% |
| Profit (loss) carried forward14 | -€6,865 | €8,164 | €58,700 | €113,368 | €265,403 | ▲ 134% |
| Amounts payable17/49 | €964,940 | €1.8m | €3.6m | €4.4m | €4.8m | ▲ 10.7% |
| Amounts payable after more than one year17 | - | - | €183,548 | €165,188 | €145,899 | ▼ 11.7% |
| Amounts payable within one year42/48 | €914,631 | €1.7m | €3.2m | €3.9m | €4.4m | ▲ 12.3% |
| Trade debts44 | €742,566 | €1.4m | €3.1m | €3.8m | €4.2m | ▲ 8.7% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,753 | €21,279 | €50,536 | €54,668 | €279,535 | ▲ 411% |
| + Depreciation and write-downs630 | €11,753 | €18,447 | €42,071 | €49,185 | €51,761 | ▲ 5.2% |
| Operating cash flow (approximation) | €23,506 | €39,726 | €92,608 | €103,853 | €331,296 | ▲ 219% |
| Investment in fixed assets (approximation) | - | -€53,996 | -€358,081 | -€56,166 | -€1.2m | ▼ 2,083% |
| Change in cash | - | -€131,901 | €136,842 | -€198,645 | €752,358 | ▲ 479% |
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
2014
07-01
Bankruptcy
Opening
Tribunal de Commerce de Nivelles · event 23-12-2013
2012
11-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
31-12
Financial
Highest result since 2007net €279,535 ▲411%
Operating result €393,579, net result €279,535, both a record.
31-12
Financial
Equity above €200,000Eq €461,653 ▲153%
5 profitable years in a row build equity to €461,653.
12-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
31-12
Financial
Equity above €150,000Eq €182,118 ▲42.9%
4 profitable years in a row build equity to €182,118.
08-07
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
31-12
Financial
Equity above €100,000Eq €127,450 ▲65.7%
3 profitable years in a row build equity to €127,450.
29-09
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 60 days late
11-02
NBB filing
Annual accounts filed
fiscal year 2007 · full schema · 195 days late
2007
09-11
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 101 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Waterloo
Ground area
1,279 m²
Building footprint
207 m²
Volume, LiDAR
1,721 m³
Parcel 25763L0582/00F000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763L0582/00F000 | Wallonia | 1,279 m² | 1 · 207 m² | 10.6 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Maître VANHAM BERNARD, avocat à 1400 NIVELLES, RUE DE CHARLEROI 2 |
23-12-2013 → present |
Identification & contact
Identification
Legal formPublic limited company
Founded28-04-2005
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.