ALBORA
ActiveSummary
ALBORA has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282,506 and a net result of €16,708. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 46% of 10485 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-10
Solvency59▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.4 in 2024; short-term debt: 34.5% and cash: 32.2% of total assets), and 66.5% of the assets are financed with debt.
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Signals
Five 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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
33.5%
Return on assets
2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
116 d late
2023
184 d late
2022
69 d late
2021
38 d late
2020
44 d late
2019
45 d late
← 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 71 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€282,506▲ 6.3%
2024 · €265,798
Total assets
€842,150▲ 14.2%
2024 · €737,639
Net result
€16,708▲ 45.6%
2024 · €11,475
Working capital
€84,132▲ 13.5%
2024 · €74,151
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€31,671▼ 21.9%€4,225▼ 86.7%€15,607▲ 269%€25,823▲ 65.5%€39,586▲ 53.3%
Net result€19,898within the sector's middle half▼ 39.5%-€5,873below the sector's middle half€2,947below the sector's middle half€11,475within the sector's middle half▲ 289%€16,708within the sector's middle half▲ 45.6%
Equity€250,126within the sector's middle half▲ 8.6%€244,253within the sector's middle half▼ 2.3%€247,200within the sector's middle half▲ 1.2%€265,798within the sector's middle half▲ 7.5%€282,506within the sector's middle half▲ 6.3%
Total assets€832,348within the sector's middle half▼ 2.2%€791,766within the sector's middle half▼ 4.9%€797,327within the sector's middle half▲ 0.7%€737,639within the sector's middle half▼ 7.5%€842,150within the sector's middle half▲ 14.2%
Debt€529,408▼ 6.3%€497,806▼ 6.0%€503,527▲ 1.1%€435,106▼ 13.6%€525,652▲ 20.8%
Working capital€64,059▼ 9.7%€81,942▲ 27.9%€75,967▼ 7.3%€74,151▼ 2.4%€84,132▲ 13.5%
Solvency30.1%within the sector's middle half▲ 3.0pp30.8%within the sector's middle half▲ 0.8pp31.0%within the sector's middle half▲ 0.2pp36.0%within the sector's middle half▲ 5.0pp33.5%within the sector's middle half▼ 2.5pp
Staff (FTE)5.3within the sector's middle half▲ 3.9%5.3within the sector's middle half=5.3within the sector's middle half=4.1within the sector's middle half▼ 22.6%4.5within the sector's middle half▲ 9.8%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 53% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €842,150
Fixed assets
€467,875 ▼ 2.0%
Current assets
€374,275 ▲ 43.9%
Equity and liabilities €842,150
Equity
€282,506 ▲ 6.3%
Provisions
€33,993 ▼ 7.5%
Debt
€525,652 ▲ 20.8%
Debt's share of the balance-sheet total rises from 59.0% to 62.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€79,137▲
2024 · €70,061
Cash flow
€56,259▲
2024 · €55,714
Current ratio
1.29▼
2024 · 1.40
Quick ratio
1.08▲
2024 · 1.07
Debt to equity
1.86▲
2024 · 1.64
ROE
5.9%▲
2024 · 4.3%
ROA
2.0%▲
2024 · 1.6%
Interest coverage
4.74▼
2024 · 10.02
Debt ≤ 1 year
€290,144▲
2024 · €186,007
Debt > 1 year
€235,508▼
2024 · €249,099
Income taxes
€9,008▼
2024 · €10,135
Staff costs
€186,042▲
2024 · €179,081
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 16,986 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €166,280 | €167,724 | €168,285 | €179,081 | €186,042 | ▲ 3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48,531 | €49,831 | €47,899 | €44,239 | €39,551 | ▼ 10.6% |
| Other operating charges640/8 | €6,836 | €3,499 | €10,862 | €6,876 | €8,762 | ▲ 27.4% |
| Non-recurring operating charges66A | - | - | - | - | €1,664 | - |
| Gross operating margin9900 | €253,319 | €225,279 | €242,653 | €256,019 | €275,604 | ▲ 7.7% |
| Operating profit (loss)9901 | €31,671 | €4,225 | €15,607 | €25,823 | €39,586 | ▲ 53.3% |
| Financial income75/76B | €670 | €243 | €181 | €34 | €70 | ▲ 104% |
| Recurring financial income75 | €670 | €243 | €181 | €34 | €70 | ▲ 104% |
| Financial charges65/66B | €11,294 | €10,257 | €8,567 | €6,989 | €16,682 | ▲ 139% |
| Recurring financial charges65 | €11,294 | €10,257 | €8,567 | €6,989 | €16,682 | ▲ 139% |
| Profit (loss) for the period before taxes9903 | €21,047 | -€5,789 | €7,222 | €18,868 | €22,974 | ▲ 21.8% |
| Transfer from deferred taxes780 | €3,107 | €3,107 | €3,107 | €2,742 | €2,742 | = |
| Income taxes67/77 | €4,256 | €3,191 | €7,382 | €10,135 | €9,008 | ▼ 11.1% |
| Profit (loss) for the period9904 | €19,898 | -€5,873 | €2,947 | €11,475 | €16,708 | ▲ 45.6% |
| Transfer from tax-exempt reserves789 | €7,249 | €7,249 | €7,249 | €8,227 | €8,227 | = |
| Profit (loss) for the period to be appropriated9905 | €27,147 | €1,376 | €10,196 | €19,701 | €24,935 | ▲ 26.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €832,348 | €791,766 | €797,327 | €737,639 | €842,150 | ▲ 14.2% |
| Fixed assets21/28 | €604,662 | €565,988 | €519,566 | €477,480 | €467,875 | ▼ 2.0% |
| Tangible fixed assets22/27 | €604,662 | €562,307 | €515,885 | €473,650 | €464,044 | ▼ 2.0% |
| Land and buildings22 | €571,401 | €536,092 | €497,020 | €459,711 | €422,830 | ▼ 8.0% |
| Plant, machinery and equipment23 | €5,339 | €4,160 | €2,678 | €1,641 | €2,971 | ▲ 81.0% |
| Furniture and vehicles24 | €27,923 | €22,054 | €16,186 | €12,298 | €38,243 | ▲ 211% |
| Financial fixed assets28 | - | €3,681 | €3,681 | €3,831 | €3,831 | = |
| Current assets29/58 | €227,686 | €225,779 | €277,761 | €260,158 | €374,275 | ▲ 43.9% |
| Amounts receivable after more than one year29 | €2,131 | €0 | - | - | - | - |
| Other amounts receivable291 | €2,131 | €0 | - | - | - | - |
| Stocks and contracts in progress3 | €150,500 | €135,650 | €60,685 | €60,310 | €61,443 | ▲ 1.9% |
| Stocks30/36 | €150,500 | €135,650 | €60,685 | €60,310 | €61,443 | ▲ 1.9% |
| Amounts receivable within one year40/41 | €5,703 | €7,611 | €1,902 | €11,772 | €38,980 | ▲ 231% |
| Trade receivables40 | €3,041 | €3,295 | €1,683 | €1,415 | €19,562 | ▲ 1,282% |
| Other amounts receivable41 | €2,662 | €4,316 | €220 | €10,356 | €19,418 | ▲ 87.5% |
| Current investments50/53 | - | - | - | - | €2,761 | - |
| Cash at bank and in hand54/58 | €64,800 | €80,144 | €215,173 | €188,076 | €270,990 | ▲ 44.1% |
| Deferred charges and accrued income490/1 | €4,552 | €2,373 | €0 | - | €101 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €832,348 | €791,766 | €797,327 | €737,639 | €842,150 | ▲ 14.2% |
| Equity10/15 | €250,126 | €244,253 | €247,200 | €265,798 | €282,506 | ▲ 6.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €222,165 | €216,292 | €219,239 | €237,837 | €276,306 | ▲ 16.2% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €125,805 | €118,557 | €111,308 | €110,204 | €101,978 | ▼ 7.5% |
| Distributable reserves133 | €94,500 | €95,876 | €106,071 | €125,773 | €172,468 | ▲ 37.1% |
| Profit (loss) carried forward14 | €21,761 | €21,761 | €21,761 | €21,761 | €0 | ▼ 100% |
| Provisions and deferred taxes16 | €52,814 | €49,707 | €46,600 | €36,735 | €33,993 | ▼ 7.5% |
| Deferred taxes168 | €52,814 | €49,707 | €46,600 | €36,735 | €33,993 | ▼ 7.5% |
| Amounts payable17/49 | €529,408 | €497,806 | €503,527 | €435,106 | €525,652 | ▲ 20.8% |
| Amounts payable after more than one year17 | €365,781 | €353,970 | €301,733 | €249,099 | €235,508 | ▼ 5.5% |
| Financial debts170/4 | €365,781 | €353,970 | €301,733 | €249,099 | €235,508 | ▼ 5.5% |
| Amounts payable within one year42/48 | €163,627 | €143,836 | €201,794 | €186,007 | €290,144 | ▲ 56.0% |
| Current portion of amounts payable after more than one year42 | €42,279 | €50,812 | €52,237 | €52,634 | €50,391 | ▼ 4.3% |
| Trade debts44 | €77,657 | €42,505 | €81,977 | €22,910 | €111,043 | ▲ 385% |
| Suppliers440/4 | €77,657 | €42,505 | €81,977 | €22,910 | €111,043 | ▲ 385% |
| Taxes, remuneration and social security45 | €6,652 | €9,232 | €23,583 | €55,612 | €50,750 | ▼ 8.7% |
| Taxes450/3 | €2,641 | €7,895 | €11,458 | €26,123 | €17,371 | ▼ 33.5% |
| Remuneration and social security454/9 | €4,010 | €1,337 | €12,125 | €29,488 | €33,379 | ▲ 13.2% |
| Other amounts payable47/48 | €37,039 | €41,287 | €43,997 | €54,852 | €77,960 | ▲ 42.1% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,898 | -€5,873 | €2,947 | €11,475 | €16,708 | ▲ 45.6% |
| + Depreciation and write-downs630 | €48,531 | €49,831 | €47,899 | €44,239 | €39,551 | ▼ 10.6% |
| Operating cash flow (approximation) | €68,429 | €43,958 | €50,846 | €55,714 | €56,259 | ▲ 1.0% |
| Investment in fixed assets (approximation) | - | -€11,156 | -€1,477 | -€2,153 | -€29,945 | ▼ 1,291% |
| Change in cash | - | €15,344 | €135,029 | -€27,097 | €82,914 | ▲ 406% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 116 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 184 days late
2023
31-12
Financial
Back to profitnet €2,947
Net result €2,947 after one loss-making year.
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 69 days late
2022
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 38 days late
2021
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 44 days late
2020
31-12
Financial
Highest result since 2018net €32,862 ▲88.5%
Operating result €40,574, net result €32,862, both a record.
31-12
Financial
Equity above €200,000Eq €230,228 ▲16.7%
2 profitable years in a row build equity to €230,228.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 45 days late
2019
31-12
Financial
Back to profitnet €17,431
Net result €17,431 after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Arendonk · 2 establishment units since 2004
Ground area
2,459 m²
Building footprint
1,016 m²
Volume, LiDAR
1,244 m³
2 parcels, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Albora
since 20042.142.434.644
Het Geels Gazetteke
since 20062.151.277.876
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13001A0981/00P000 | Flanders | 1,426 m² | 1 · 266 m² | 7.4 m · 2 fl. |
| 13008H0453/00N002 | Flanders | 1,033 m² | 1 · 750 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
2 sitesArendonk2.142.434.644
Geel2.151.277.876
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BE 0876.781.317
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Beyne-Heusay · Eq €281,176
VANDERHAEGEN GRAFIEK
BE 0863.170.138
Waregem · Eq €281,071
MABERA
BE 0471.860.062
Walhain · Eq €285,036
SOPHILIP
BE 0431.226.762
Nivelles · Eq €278,361
Of 2,342 companies in sector 47621 we hold annual accounts for 1,246. 952 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
Founded14-10-2004
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
47241Retail sale of bread and pastry (bakery outlets)
47260Retail trade
47559Retail sale of other household articles
47640Retail sale of games and toys
53200Other postal and courier activities
56309Food and beverage service activities
92000Gambling and betting activities
95100Repair and maintenance of computers and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0867840489
Also
9925:BE0867840489
Registered
23-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.