ALBO
ActiveSummary
ALBO has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €272,920. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 65% of 8281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+1
Solvency84▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 2.36 against 1.95 in 2024; short-term debt: 39.1% and cash: 8.9% of total assets), and 41% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
59%
Return on assets
9.9%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-01-2026, 112 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
112 d early
2024
103 d early
2023
1 d early
2022
31 d early
2021
65 d early
2020
on the day
2019
83 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 56 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 24 February (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€9.6m
EBIT margin
0.1%
Net result
€272,920▲ 9.6%
2024 · €248,981
Working capital
€1.5m▲ 19.0%
2024 · €1.2m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€99,992▲ 128%€261,378▲ 161%€266,252▲ 1.9%€378,062▲ 42.0%€401,996▲ 6.3%
Net result€28,673within the sector's middle half▲ 29.8%€173,964within the sector's middle half▲ 507%€170,709above the sector's middle half▼ 1.9%€248,981above the sector's middle half▲ 45.9%€272,920above the sector's middle half▲ 9.6%
EBIT margin
Equity€1.2mabove the sector's middle half▲ 2.5%€1.3mabove the sector's middle half▲ 7.6%€1.2mabove the sector's middle half▼ 2.4%€1.4mabove the sector's middle half▲ 10.0%€1.6mabove the sector's middle half▲ 20.1%
Total assets€3.2mabove the sector's middle half▲ 8.8%€3.3mabove the sector's middle half▲ 0.8%€3.1mabove the sector's middle half▼ 5.2%€2.8mabove the sector's middle half▼ 8.6%€2.8mabove the sector's middle half▼ 2.2%
Debt€2.1m▲ 12.7%€2.0m▼ 3.0%€1.9m▼ 7.0%€1.5m▼ 21.0%€1.1m▼ 22.7%
Working capital€1.4mabove the sector's middle half▲ 73.7%€1.4mabove the sector's middle half▲ 0.1%€1.3mabove the sector's middle half▼ 6.5%€1.2mabove the sector's middle half▼ 4.4%€1.5mabove the sector's middle half▲ 19.0%
Solvency36.3%within the sector's middle half▼ 2.2pp38.7%within the sector's middle half▲ 2.4pp39.9%within the sector's middle half▲ 1.2pp48.0%within the sector's middle half▲ 8.1pp59.0%within the sector's middle half▲ 10.9pp
Current ratio1.84within the sector's middle half▲ 0.261.87within the sector's middle half▲ 0.031.86within the sector's middle half▼ 0.021.95within the sector's middle half▲ 0.102.36within the sector's middle half▲ 0.41
Return on assets (ROA)0.9%within the sector's middle half▲ 0.1pp5.3%within the sector's middle half▲ 4.4pp5.5%within the sector's middle half▲ 0.2pp8.8%within the sector's middle half▲ 3.3pp9.9%within the sector's middle half▲ 1.1pp
Staff (FTE)19.6above the sector's middle half▼ 3.9%20.7above the sector's middle half▲ 5.6%17.6above the sector's middle half▼ 15.0%17.4above the sector's middle half▼ 1.1%16.5above the sector's middle half▼ 5.2%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets
€207,284 ▼ 26.2%
Current assets
€2.6m ▲ 0.5%
Equity and liabilities €2.8m
Equity
€1.6m ▲ 20.1%
Debt
€1.1m ▼ 22.7%
Debt's share of the balance-sheet total falls from 52.0% to 41.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€479,214▲
2024 · €455,521
Cash flow
€350,138▲
2024 · €326,441
Quick ratio
1.24▲
2024 · 1.03
Debt to equity
0.70▼
2024 · 1.08
ROE
16.7%▼
2024 · 18.3%
Interest coverage
25.39▲
2024 · 10.88
Debt ≤ 1 year
€1.1m▼
2024 · €1.3m
Debt > 1 year
€53,141▼
2024 · €164,321
Income taxes
€111,134▲
2024 · €97,300
Staff costs
€942,633▼
2024 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €43,776 | - | €6,943 | €22,949 | ▲ 231% |
| Remuneration, social security and pensions62 | - | €938,385 | €1.1m | €1.0m | €942,633 | ▼ 10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €79,626 | €59,296 | €71,176 | €77,459 | €77,218 | ▼ 0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €12,079 | €54,828 | €485 | €18,153 | ▲ 3,643% |
| Other operating charges640/8 | - | €37,018 | €55,688 | €35,919 | €40,370 | ▲ 12.4% |
| Non-recurring operating charges66A | - | €7,059 | €223 | €2,768 | €2,448 | ▼ 11.6% |
| Gross operating margin9900 | €1.1m | €1.3m | €1.5m | €1.5m | €1.5m | ▼ 3.9% |
| Operating profit (loss)9901 | €99,992 | €261,378 | €266,252 | €378,062 | €401,996 | ▲ 6.3% |
| Financial income75/76B | - | €15,670 | €20,168 | €10,084 | €929 | ▼ 90.8% |
| Recurring financial income75 | €1,462 | €15,670 | €9,325 | €10,084 | €929 | ▼ 90.8% |
| Non-recurring financial income76B | - | - | €10,843 | €0 | - | - |
| Financial charges65/66B | - | €24,596 | €47,746 | €41,865 | €18,871 | ▼ 54.9% |
| Recurring financial charges65 | €26,406 | €24,596 | €47,746 | €41,865 | €18,871 | ▼ 54.9% |
| Profit (loss) for the period before taxes9903 | €75,048 | €252,452 | €238,674 | €346,282 | €384,054 | ▲ 10.9% |
| Income taxes67/77 | €46,375 | €78,488 | €67,964 | €97,300 | €111,134 | ▲ 14.2% |
| Profit (loss) for the period9904 | €28,673 | €173,964 | €170,709 | €248,981 | €272,920 | ▲ 9.6% |
| Profit (loss) for the period to be appropriated9905 | €28,673 | €173,964 | €170,709 | €248,981 | €272,920 | ▲ 9.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.2m | €3.3m | €3.1m | €2.8m | €2.8m | ▼ 2.2% |
| Fixed assets21/28 | €207,831 | €288,145 | €279,063 | €280,745 | €207,284 | ▼ 26.2% |
| Intangible fixed assets21 | €13,324 | €2,004 | €685 | €0 | - | - |
| Tangible fixed assets22/27 | €127,220 | €218,853 | €213,590 | €215,957 | €142,496 | ▼ 34.0% |
| Land and buildings22 | - | €5,655 | €3,955 | €2,497 | €1,039 | ▼ 58.4% |
| Plant, machinery and equipment23 | - | €81,984 | €60,975 | €51,007 | €31,604 | ▼ 38.0% |
| Furniture and vehicles24 | - | €131,214 | €148,660 | €162,453 | €109,853 | ▼ 32.4% |
| Financial fixed assets28 | €67,288 | €67,288 | €64,788 | €64,788 | €64,788 | = |
| Current assets29/58 | €3.0m | €3.0m | €2.8m | €2.5m | €2.6m | ▲ 0.5% |
| Amounts receivable after more than one year29 | - | €149,875 | €100,000 | €294,872 | €221,154 | ▼ 25.0% |
| Other amounts receivable291 | - | €149,875 | €100,000 | €294,872 | €221,154 | ▼ 25.0% |
| Stocks and contracts in progress3 | €1.0m | €1.2m | €1.1m | €1.2m | €1.2m | ▲ 0.6% |
| Stocks30/36 | - | €1.2m | €1.1m | €1.2m | €1.2m | ▲ 0.6% |
| Amounts receivable within one year40/41 | €1.5m | €1.3m | €1.3m | €705,499 | €743,246 | ▲ 5.4% |
| Trade receivables40 | - | €578,795 | €652,209 | €589,263 | €526,157 | ▼ 10.7% |
| Other amounts receivable41 | - | €673,938 | €622,711 | €116,236 | €217,089 | ▲ 86.8% |
| Cash at bank and in hand54/58 | €197,037 | €203,897 | €209,496 | €175,034 | €245,285 | ▲ 40.1% |
| Deferred charges and accrued income490/1 | - | €195,604 | €136,162 | €162,087 | €133,211 | ▼ 17.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.2m | €3.3m | €3.1m | €2.8m | €2.8m | ▼ 2.2% |
| Equity10/15 | €1.2m | €1.3m | €1.2m | €1.4m | €1.6m | ▲ 20.1% |
| Contributions10/11 | - | €481,970 | €481,970 | €481,970 | €481,970 | = |
| Capital10 | - | - | - | €481,970 | €481,970 | = |
| Issued capital100 | - | - | - | €481,970 | €481,970 | = |
| Reserves13 | €137,843 | €137,843 | €137,843 | €137,843 | €137,843 | = |
| Non-distributable reserves130/1 | - | €48,197 | €48,197 | €48,197 | €48,197 | = |
| Legal reserve130 | - | - | - | €48,197 | €48,197 | = |
| Reserves not available under the articles1311 | - | €48,197 | €48,197 | - | - | - |
| Tax-exempt reserves132 | - | €1,468 | €1,468 | €1,468 | €1,468 | = |
| Distributable reserves133 | - | €88,178 | €88,178 | €88,178 | €88,178 | = |
| Profit (loss) carried forward14 | €555,965 | €644,930 | €614,639 | €737,620 | €1.0m | ▲ 37.0% |
| Amounts payable17/49 | €2.1m | €2.0m | €1.9m | €1.5m | €1.1m | ▼ 22.7% |
| Amounts payable after more than one year17 | €411,018 | €411,124 | €342,648 | €164,321 | €53,141 | ▼ 67.7% |
| Financial debts170/4 | - | €312,124 | €243,648 | €164,321 | €53,141 | ▼ 67.7% |
| Other amounts payable178/9 | - | €99,000 | €99,000 | €0 | - | - |
| Amounts payable within one year42/48 | €1.6m | €1.6m | €1.5m | €1.3m | €1.1m | ▼ 17.1% |
| Current portion of amounts payable after more than one year42 | - | €220,251 | €320,842 | €171,775 | €132,549 | ▼ 22.8% |
| Trade debts44 | €1.1m | €1.0m | €794,486 | €808,417 | €794,836 | ▼ 1.7% |
| Suppliers440/4 | - | €1.0m | €794,486 | €808,417 | €794,836 | ▼ 1.7% |
| Taxes, remuneration and social security45 | - | €242,566 | €199,923 | €198,172 | €154,237 | ▼ 22.2% |
| Taxes450/3 | - | €72,020 | €34,860 | €36,362 | €47,202 | ▲ 29.8% |
| Remuneration and social security454/9 | - | €170,546 | €165,063 | €161,809 | €107,035 | ▼ 33.9% |
| Other amounts payable47/48 | - | €85,000 | €201,000 | €126,000 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,673 | €173,964 | €170,709 | €248,981 | €272,920 | ▲ 9.6% |
| + Depreciation and write-downs630 | €79,626 | €59,296 | €71,176 | €77,459 | €77,218 | ▼ 0.3% |
| Operating cash flow (approximation) | €108,298 | €233,261 | €241,885 | €326,441 | €350,138 | ▲ 7.3% |
| Investment in fixed assets (approximation) | - | -€139,610 | -€62,093 | -€79,142 | -€3,757 | ▲ 95.3% |
| Change in cash | - | €6,860 | €5,598 | -€34,462 | €70,252 | ▲ 304% |
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
08-07
State Gazette act
Registered office · Resignations & appointmentsRegistered-office move2 facts ▸
State Gazette act
Registered office · Resignations & appointments
Registered-office move2 facts ▸
- Board meeting, 02-06-2026
- Registered-office move, Frans van Dunlaan 63,2610 Antwerpen
08-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2019net €272,920 ▲9.6%
Operating result €401,996, net result €272,920, both a record.
17-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €22,098
Net result €22,098 after one loss-making year.
07-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
21-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
No directors read yet: 1 of 10 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 1974
Ground area
9,098 m²
Building footprint
5,388 m²
Volume, LiDAR
37,659 m³
3 parcels, Flanders · tallest building 14.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Struisbeeklaan 10 1, 2610 Antwerpen
since 19742.008.978.579
Kontichsesteenweg 58, 2630 Aartselaar
since 19742.142.813.835
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0080/00B000 | Flanders | 6,188 m² | 1 · 3,325 m² | 8.3 m · 2 fl. |
| 11051C0236/00Y018 | Flanders | 2,781 m² | 1 · 1,934 m² | 14.0 m · 3 fl. |
| 11051C0232/00W009indicative | Flanders | 129 m² | 1 · 129 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-09-2025 list no shareholders, and no other source names one.
Holdings 1
-
0%
According to the annual accounts to 30-09-2025 of ALBO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 912 EUR awarded · 912 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 287 EUR | 287 EUR |
| 2023 | 1 | 625 EUR | 625 EUR |
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAartselaar2.142.813.835
Antwerpen2.008.978.579
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Of 1,583 companies in this sector we hold annual accounts for 991. 525 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded10-12-1973
Fiscal year end30-09
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
E-invoicing
Reachable via Peppol
Peppol ID
0208:0413594835
Also
9925:BE0413594835
Registered
16-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.