ALBL
ActiveSummary
The computed 12-month bankruptcy probability of ALBL is 1.5% (moderate). The annual accounts of ALBL for fiscal year 2024 show a net loss of 88% of total assets and of 79% of the equity at the start of that year. The 2024 annual accounts show equity of €2k and a net result of €-6k. Its solvency ranks better than 23% of 8095 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency48▼-47
Growth32
Track record94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.31 against 3.36 in 2023; short-term debt: 76.6% of total assets), and 76.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
23.4%
Return on assets
-88.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 8095 sector peers (2024).
NBB · sector comparisonPosition among 8095 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-09-2025, 43 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
43 d late
2023
41 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2k▼ 79.0%
2023 · €8k
2023: €8k
2024: €2k▼ -79.0% vs 2023
2023 → 2024
Total assets
€7k▼ 37.1%
2023 · €11k
2023: €11k
2024: €7k▼ -37.1% vs 2023
2023 → 2024
Net result
€-6k
2023 · €5k
2023: €5k
2024: €-6k▼ -230% vs 2023
2023 → 2024
Working capital
€2k▼ 79.0%
2023 · €8k
2023: €8k
2024: €2k▼ -79.0% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€8k-€2k▼ 79.0%
2023: €8k
2024: €2k▼ -79.0% vs 2023
Operating result€6k-€-7k
2023: €6k
2024: €-7k▼ -212% vs 2023
Net result€5k-€-6k
2023: €5k
2024: €-6k▼ -230% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €6k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €7k
Equity
€2k ▼ 79.0%
Debt
€5k ▲ 61.8%
Debt's share of the balance-sheet total rises from 29.8% to 76.6%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.31▼
2023 · 3.36
Debt to equity
3.28▲
2023 · 0.42
ROE
-377.3%▼
2023 · 60.9%
ROA
-88.2%▼
2023 · 42.7%
Debt ≤ 1 year
€5k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet
Code20232024
Assets
Total assets20/58€11k€7k▼
Current assets29/58€11k€7k▼
Amounts receivable within one year40/41€11k€7k▼
Trade receivables40€9k-
Other amounts receivable41€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€11k€7k▼
Equity10/15€8k€2k▼
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Profit (loss) carried forward14€5k€-1k▼
Amounts payable17/49€3k€5k▲
Amounts payable within one year42/48€3k€5k▲
Financial debts43€0€2k▲
Credit institutions430/8€0€2k▲
Trade debts44€2k€253▼
Suppliers440/4€2k€253▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Other operating charges640/8-€605
Gross operating margin9900€8k€-6k▼
Operating profit (loss)9901€6k€-7k▼
Financial income75/76B€59€1k▲
Recurring financial income75€59€1k▲
Financial charges65/66B€5€293▲
Recurring financial charges65€5€293▲
Profit (loss) for the period before taxes9903€6k€-6k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€5k€-6k▼
Profit (loss) for the period to be appropriated9905€5k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-6k▼
Transfer from equity791/2-€5k
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | - | - |
| Other operating charges640/8 | - | €605 | - |
| Gross operating margin9900 | €8k | €-6k | ▼ 174% |
| Operating profit (loss)9901 | €6k | €-7k | ▼ 212% |
| Financial income75/76B | €59 | €1k | ▲ 1,855% |
| Recurring financial income75 | €59 | €1k | ▲ 1,855% |
| Financial charges65/66B | €5 | €293 | ▲ 5,596% |
| Recurring financial charges65 | €5 | €293 | ▲ 5,596% |
| Profit (loss) for the period before taxes9903 | €6k | €-6k | ▼ 197% |
| Income taxes67/77 | €2k | - | - |
| Profit (loss) for the period9904 | €5k | €-6k | ▼ 230% |
| Profit (loss) for the period to be appropriated9905 | €5k | €-6k | ▼ 230% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €11k | €7k | ▼ 37.1% |
| Current assets29/58 | €11k | €7k | ▼ 37.1% |
| Amounts receivable within one year40/41 | €11k | €7k | ▼ 37.1% |
| Trade receivables40 | €9k | - | - |
| Other amounts receivable41 | €2k | €7k | ▲ 192% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €11k | €7k | ▼ 37.1% |
| Equity10/15 | €8k | €2k | ▼ 79.0% |
| Contributions10/11 | €3k | €3k | = |
| Capital10 | €3k | €3k | = |
| Issued capital100 | €3k | €3k | = |
| Profit (loss) carried forward14 | €5k | €-1k | ▼ 130% |
| Amounts payable17/49 | €3k | €5k | ▲ 61.8% |
| Amounts payable within one year42/48 | €3k | €5k | ▲ 61.8% |
| Financial debts43 | €0 | €2k | ▲ 3,072,650% |
| Credit institutions430/8 | €0 | €2k | ▲ 3,072,650% |
| Trade debts44 | €2k | €253 | ▼ 84.8% |
| Suppliers440/4 | €2k | €253 | ▼ 84.8% |
| Taxes, remuneration and social security45 | €2k | €3k | ▲ 99.8% |
| Taxes450/3 | €2k | €3k | ▲ 99.8% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €-6k | ▼ 230% |
| + Depreciation and write-downs630 | €2k | - | - |
| Operating cash flow (approximation) | €7k | €-6k | ▼ 187% |
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
2025
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 43 days late
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
NBB filing
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
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, Ukkel · 1 establishment unit since 2023
Ground area
526 m²
Building footprint
167 m²
Volume, LiDAR
1,279 m³
2 parcels, Brussels · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
445
companies at this address
See who is registered here
1 establishment unit
Establishment
since 20232.343.843.266
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0030/00T016 | Brussels | 342 m² | 1 · 99 m² | 13.8 m · 3 fl. |
| 21616G0030/00K015 | Brussels | 183 m² | 1 · 68 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 6,798 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
Founded29-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.