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Complete company report
Generated 27-06-2026
Active BE 0773.577.176Private limited companyOpen bankruptcy

Albo Projects

Oostberg 99 ·9140 Temse, Belgium· 4 yrs active
Sector: Specialised construction (43910)
Conclusion Checked

A bankruptcy procedure is open for Albo Projects according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €9k and a net result of €2k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €9k
Net result €2k
Better than sector 14%
Active 4 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability92Solvency17Growth52Stability0
32 / 100

Fragile profile — watch health in particular.

Health 0
Profitability 92
Solvency 17
Growth 52
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 26-04-2025 with the NBB · fiscal year 2023 · micro
€0€5k€10kOperating result 2022: €11k€11kNet result 2022: €6k€6kOperating result 2023: €6k€6kNet result 2023: €2k€2k20222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 43 — Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 7.5% 35.4%
better than 14% of 2149 sector peers
Net result €2k €13k
better than 22% of 2146 sector peers
Equity €9k €22k
better than 23% of 2150 sector peers
Gross operating margin €12k €31k
better than 25% of 2143 sector peers
Total assets €113k €74k
better than 67% of 2150 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€11k
-61.2% 22–23
Net profit
€2k
-73.8% 22–23
Cash flow
€6k
-73.0% 22–23
Total assets
€113k
+48.8% 22–23
Equity
€9k
+22.5% 22–23
Working capital
€3k
— 22–23
Income taxes
€1k
-75.6% 22–23
Debt
€104k
+51.5% 22–23
Debt ≤ 1y
€66k
+31.0% 22–23
Debt > 1y
€38k
+108.4% 22–23
Current ratio
1.04
+32.7% 22–23
Quick ratio
0.97
+23.1% 22–23
Solvency
7.5%
-17.7% 22–23
Debt / equity
12.26
+23.7% 22–23
ROE
18.3%
-78.6% 22–23
ROA
1.4%
-82.4% 22–23
Interest coverage
2.88
-86.3% 22–23
Figures by fiscal year
Fiscal year2023
Revenue—
EBITDA€11k
Net profit€2k
Cash flow€6k
Staff costs—
Income taxes€1k
Dividends—
Total assets€113k
Equity€9k
Debt€104k
of which ≤ 1y€66k
of which > 1y€38k
Working capital€3k
Employees (FTE)—
Ratios (computed)
2023
Current ratio1.04
Quick ratio0.97
Working capital ratio2.4%
Solvency7.5%
Debt / equity12.26
Long-term debt ratio4.47
Interest coverage2.88
Gross margin—
Net margin—
ROA1.4%
ROE18.3%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet — Assets
TOTAL ASSETS 20/58€113k
Fixed assets 21/28€44k
Tangible fixed assets 22/27€44k
Current assets 29/58€69k
Stocks & contracts in progress 3€5k
Amounts receivable within one year 40/41€64k
Cash & bank 54/58€0
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€113k
Equity 10/15€9k
Contributions / capital 10/11€1k
Reserves 13€8k
Amounts payable 17/49€104k
Amounts payable after one year 17€38k
Amounts payable within one year 42/48€66k
Trade debts payable within one year 44€7k
Income statement
Gross operating margin 9900€12k
Operating result 9901€6k
Financial income 75€3
Financial charges 65€4k
Result before taxes 9903€3k
Income taxes 67/77€1k
Net result for the period 9904€2k
Result to be appropriated 9905€2k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator ALAIN CLEYMAN
PR. JOS. CHARLOTTELAAN 71, 9100 SINT-NIKLAAS
 26-05-2025 → present Belgian State Gazette
Legal Structure
NACE primary Specialised construction(43910)
Legal form Private limited company(610)
Incorporation06-09-2021
StatusActive
Postal code9140
First BS signal 02-06-2025
Latest BS signal 02-06-2025
Company structure — linked entities1 linked entities
Albo ProjectsBE 0773.577.176ALAIN CLEYMANReceiver ↔ 93EXPRESS SERVICE H…R.E.Y GroepDacoDak
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 1 location
Albo Projects
Oostberg 99, 9140 TemseUitvoeren van metselwerk
since 20212.321.372.920
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46302D1130/00H000 Flanders 453 m² 1 · 44 m² 3.2 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
02-06-2025
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · ALBO PROJECTS BV OOST- BERG 99, 9140 TEMSE · event 26-05-2025
26-04-2025
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
27-11-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
20-09-2023
State Gazette act Registered-office change
Lifecycle & Insolvency Signals 1 events
02-06-2025
Bankruptcy Opening
Date: 26-05-2025 · Ondernemingsrechtbank Gent, afdeling Dendermonde · ALBO PROJECTS BV OOST- BERG 99, 9140 TEMSE · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-06-02 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad — acts 1 acts
Address history · 1
20-09-2023
Registered-office move
All acts · 1 updated 2 years ago
2023
20-09-2023 Registered office moved within Temse Registered-office change
  • Boodtsstraat 55 - 9140 Temse → Oostberg 99 te 9140 Temse
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Oostberg 99 te 9140 Temse",
        "city": "Temse",
        "region": "vlaams_gewest",
        "street": "Oostberg",
        "country": "BE",
        "postcode": "9140",
        "box_number": null,
        "street_number": "99",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Boodtsstraat 55 - 9140 Temse",
        "city": "Temse",
        "region": "vlaams_gewest",
        "street": "Boodtsstraat",
        "country": "BE",
        "postcode": "9140",
        "box_number": null,
        "street_number": "55",
        "locality_suffix": null
      },
      "effective_date": "2023-03-21",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": false,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "werkelijke",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-03-21",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "enige_bestuurder",
    "date": "2023-09-11",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0773.577.176",
    "name_full": "Albo Projects",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Cayir Muhammet",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Metselwerk43910Uitvoeren van metsel- en voegwerken43994
Primary activity highlighted.
Names & trade names
Legal nameNL Albo Projects
Registered office
Oostberg 99
9140 Temse, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative