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Albrim Construct

Active
Private limited companyfounded 2016active for 10 yearsRue Laide Coupe(BL) 88, 5001 Namur, BelgiumKBO/BCE: BE 0664.684.184
Summary

Albrim Construct has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,173 and a net result of -€576. Equity is growing by about 5.4% per year across the filed financial years. Its solvency ranks better than 82% of 2,777 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00472624.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€576▲ 91.2%
2024 · -€6,528
Working capital
€53,802▼ 25.1%
2024 · €71,804
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €524 in 2025 against €4,966 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€524 2025 Net result-€576 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€51,123--€25,583€2,884€5,405▲ 87.4%€54,614▲ 910%-€9,677-€4,966▲ 48.7%-€524▲ 89.4%
Net result€37,313--€25,794€478within the sector's middle half€5,287within the sector's middle half▲ 11×€45,055within the sector's middle half▲ 752%-€9,725below the sector's middle half-€6,528below the sector's middle half▲ 32.9%-€576below the sector's middle half▲ 91.2%
Equity€64,574-€38,781▼ 39.9%€39,259within the sector's middle half▲ 1.2%€44,546within the sector's middle half▲ 13.5%€89,601within the sector's middle half▲ 101%€79,876within the sector's middle half▼ 10.9%€73,348within the sector's middle half▼ 8.2%€54,173within the sector's middle half▼ 26.1%
Total assets€100,450-€61,646▼ 38.6%€49,456below the sector's middle half▼ 19.8%€46,763below the sector's middle half▼ 5.4%€100,262below the sector's middle half▲ 114%€90,488below the sector's middle half▼ 9.7%€76,173below the sector's middle half▼ 15.8%€75,302below the sector's middle half▼ 1.1%
Debt€35,875-€22,865▼ 36.3%€10,197▼ 55.4%€2,218▼ 78.2%€10,661▲ 381%€10,612▼ 0.5%€2,824▼ 73.4%€21,129▲ 648%
Working capital€58,843-€32,250▼ 45.2%€35,662within the sector's middle half▲ 10.6%€39,627within the sector's middle half▲ 11.1%€84,080within the sector's middle half▲ 112%€76,738within the sector's middle half▼ 8.7%€71,804within the sector's middle half▼ 6.4%€53,802within the sector's middle half▼ 25.1%
Solvency64.3%-62.9%▼ 1.4pp79.4%above the sector's middle half▲ 16.5pp95.3%above the sector's middle half▲ 15.9pp89.4%above the sector's middle half▼ 5.9pp88.3%above the sector's middle half▼ 1.1pp96.3%above the sector's middle half▲ 8.0pp71.9%above the sector's middle half▼ 24.4pp
Current ratio2.64-2.41▼ 0.234.50above the sector's middle half▲ 2.0918.87above the sector's middle half▲ 14.378.89above the sector's middle half▼ 9.988.23above the sector's middle half▼ 0.6626.42above the sector's middle half▲ 18.193.55above the sector's middle half▼ 22.88
Return on assets (ROA)37.1%--41.8%▼ 79.0pp1.0%within the sector's middle half▲ 42.8pp11.3%within the sector's middle half▲ 10.3pp44.9%above the sector's middle half▲ 33.6pp-10.7%below the sector's middle half▼ 55.7pp-8.6%below the sector's middle half▲ 2.2pp-0.8%below the sector's middle half▲ 7.8pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75,302
Fixed assets €371 ▼ 76.0%
Current assets €74,931 ▲ 0.4%
Equity and liabilities €75,302
Equity €54,173 ▼ 26.1%
Debt €21,129 ▲ 648%
Debt's share of the balance-sheet total rises from 3.7% to 28.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€649▲
2024 · -€3,373
Cash flow
€598▲
2024 · -€4,934
Debt to equity
0.39▲
2024 · 0.04
ROE
-1.1%▲
2024 · -8.9%
Interest coverage
12.62▲
2024 · -13.89
Debt ≤ 1 year
€21,129▲
2024 · €2,824
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,908 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
90.9% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 6,908 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€76,173€75,302▼
Fixed assets21/28€1,544€371▼
Tangible fixed assets22/27€1,544€371▼
Plant, machinery and equipment23€1,544€371▼
Current assets29/58€74,628€74,931▲
Amounts receivable within one year40/41€68,275€58,950▼
Other amounts receivable41€68,275€58,950▼
Cash at bank and in hand54/58€6,353€15,980▲
Equity and liabilities
Total equity and liabilities10/49€76,173€75,302▼
Equity10/15€73,348€54,173▼
Contributions10/11€18,600-
Profit (loss) carried forward14€54,748€54,173▼
Amounts payable17/49€2,824€21,129▲
Amounts payable within one year42/48€2,824€21,129▲
Trade debts44€2,071€1,775▼
Suppliers440/4€2,071€1,775▼
Taxes, remuneration and social security45€754€754=
Taxes450/3€754€754=
Other amounts payable47/48-€18,600
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,593€1,173▼
Other operating charges640/8€73€98▲
Gross operating margin9900-€3,300€747▲
Operating profit (loss)9901-€4,966-€524▲
Financial charges65/66B€243€51▼
Recurring financial charges65€243€51▼
Profit (loss) for the period before taxes9903-€5,209-€576▲
Income taxes67/77€1,319-
Profit (loss) for the period9904-€6,528-€576▲
Profit (loss) for the period to be appropriated9905-€6,528-€576▲
Appropriation of the result
Profit (loss) to be appropriated9906€54,748€54,173▼
Profit (loss) brought forward from the previous period14P€61,276€54,748▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,173€7,533€2,118€2,741€2,761€2,383€1,593€1,173▼ 26.4%
Other operating charges640/8------€73€98▲ 34.3%
Gross operating margin9900€63,006-€17,567€7,943€8,146€57,375-€7,294-€3,300€747-
Operating profit (loss)9901€51,123-€25,583€2,884€5,405€54,614-€9,677-€4,966-€524▲ 89.4%
Recurring financial income75€0--------
Financial charges65/66B---€119€83€48€243€51▼ 78.8%
Recurring financial charges65€38€59€202€119€83€48€243€51▼ 78.8%
Profit (loss) for the period before taxes9903€51,086-€25,642€2,682€5,287€54,530-€9,725-€5,209-€576▲ 88.9%
Income taxes67/77€13,773€151€2,204-€9,475-€1,319--
Profit (loss) for the period9904€37,313-€25,794€478€5,287€45,055-€9,725-€6,528-€576▲ 91.2%
Profit (loss) for the period to be appropriated9905€37,313-€25,794€478€5,287€45,055-€9,725-€6,528-€576▲ 91.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€100,450€61,646€49,456€46,763€100,262€90,488€76,173€75,302▼ 1.1%
Fixed assets21/28€5,731€6,531€3,597€4,919€5,521€3,138€1,544€371▼ 76.0%
Tangible fixed assets22/27€5,731€6,531€3,597€4,919€5,521€3,138€1,544€371▼ 76.0%
Plant, machinery and equipment23---€4,340€5,231€3,138€1,544€371▼ 76.0%
Furniture and vehicles24---€579€289----
Current assets29/58€94,719€55,115€45,859€41,845€94,741€87,350€74,628€74,931▲ 0.4%
Stocks and contracts in progress3-€20,250€25,100------
Amounts receivable within one year40/41€6,304€24,209€4,680€15,621€82,964€69,956€68,275€58,950▼ 13.7%
Trade receivables40---€7,414€16,869€749---
Other amounts receivable41---€8,207€66,095€69,207€68,275€58,950▼ 13.7%
Cash at bank and in hand54/58€87,547€10,655€16,079€26,223€11,778€16,514€6,353€15,980▲ 152%
Deferred charges and accrued income490/1-----€880---
Equity and liabilities
Total equity and liabilities10/49€100,450€61,646€49,456€46,763€100,262€90,488€76,173€75,302▼ 1.1%
Equity10/15€64,574€38,781€39,259€44,546€89,601€79,876€73,348€54,173▼ 26.1%
Contributions10/11€18,600€18,600€18,600€18,600€18,600€18,600€18,600--
Capital10---€18,600-----
Issued capital100---€18,600-----
Profit (loss) carried forward14€45,974€20,181€20,659€25,946€71,001€61,276€54,748€54,173▼ 1.1%
Amounts payable17/49€35,875€22,865€10,197€2,218€10,661€10,612€2,824€21,129▲ 648%
Amounts payable within one year42/48€35,875€22,865€10,197€2,218€10,661€10,612€2,824€21,129▲ 648%
Trade debts44€1,971€4,850€63-€1,186-€2,071€1,775▼ 14.3%
Suppliers440/4----€1,186-€2,071€1,775▼ 14.3%
Taxes, remuneration and social security45---€2,218€9,475€10,612€754€754=
Taxes450/3---€2,218€9,475€10,612€754€754=
Other amounts payable47/48-------€18,600-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€37,313-€25,794€478€5,287€45,055-€9,725-€6,528-€576▲ 91.2%
+ Depreciation and write-downs630€11,173€7,533€2,118€2,741€2,761€2,383€1,593€1,173▼ 26.4%
Operating cash flow (approximation)€48,486-€18,261€2,596€8,027€47,816-€7,342-€4,934€598-
Investment in fixed assets (approximation)--€8,333€817-€4,063-€3,363€0€0€0-
Change in cash--€76,892€5,424€10,144-€14,446€4,737-€10,161€9,627-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference
31-12-2025 abbreviated format 31-08-2026 2026-00472624
31-12-2024 full format 23-08-2025 2025-00408084
31-12-2023 full format 22-04-2025 2025-00072482
31-12-2022 full format 22-04-2025 2025-00072475
31-12-2021 micro format 24-08-2022 2022-20326679
31-12-2020 micro format 24-08-2021 2021-52800510
31-12-2019 micro format 26-08-2020 2020-45200259
31-12-2018 full format 07-03-2019 2019-06600180
31-12-2017 full format 11-07-2018 2018-31900253

Similar companies · same sector, comparable size

Of the 29,217 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,303. 13,350 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.