ALBRIMA
ActiveSummary
ALBRIMA has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €302,452. Equity is growing by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 30% of 680 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73=
Solvency55▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95,000 at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.83 in 2024; short-term debt: 27% and cash: 12.8% of total assets), but 70% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
30%
Return on assets
6.6%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
20 d early
2023
27 d early
2022
41 d early
2021
18 d early
2020
17 d early
2019
67 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 11 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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, full schema
In the rankings
#9 fastest grower in Grobbendonk
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€302,452▲ 59.6%
2024 · €189,538
Working capital
€914,362▼ 2.9%
2024 · €941,358
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€151,023▼ 5.4%€256,063▲ 69.6%€407,908▲ 59.3%€265,375▼ 34.9%€384,712▲ 45.0%
Net result€90,615▼ 8.6%€157,657▲ 74.0%€277,718▲ 76.2%€189,538▼ 31.8%€302,452▲ 59.6%
Equity€447,967▲ 25.4%€605,624▲ 35.2%€883,343▲ 45.9%€1.1m▲ 21.5%€1.4m▲ 28.2%
Total assets€2.1m▲ 33.0%€2.2m▲ 5.3%€2.2m▼ 1.7%€2.3m▲ 8.1%€4.6m▲ 96.7%
Debt€1.6m▲ 35.3%€1.6m▼ 2.9%€1.3m▼ 19.8%€1.3m▼ 1.2%€3.2m▲ 155%
Working capital€291,569▲ 59.3%€549,034▲ 88.3%€775,218▲ 41.2%€941,358▲ 21.4%€914,362▼ 2.9%
Staff (FTE)16.5▲ 13.0%16.8▲ 1.8%15.9▼ 5.4%17.6▲ 10.7%18.5▲ 5.1%
Why a figure moved sharply
- 2025 Net result +60% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 45% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.6m
Fixed assets
€2.4m ▲ 868%
Current assets
€2.2m ▲ 3.4%
Equity and liabilities €4.6m
Equity
€1.4m ▲ 28.2%
Debt
€3.2m ▲ 155%
Debt's share of the balance-sheet total rises from 54.0% to 70.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€512,834▲
2024 · €307,801
Cash flow
€430,574▲
2024 · €231,963
Current ratio
1.74▼
2024 · 1.83
Quick ratio
1.38▲
2024 · 1.31
Debt to equity
2.33▲
2024 · 1.17
ROE
22.0%▲
2024 · 17.7%
ROA
6.6%▼
2024 · 8.1%
Interest coverage
5.54▲
2024 · 5.31
Debt ≤ 1 year
€1.2m▲
2024 · €1.1m
Debt > 1 year
€1.9m▲
2024 · €108,546
Income taxes
€31,720▼
2024 · €53,830
Staff costs
€1.2m▲
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,600 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
2.0%
stopped otherwise
97%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 2,600 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 | - | - | - | - | €2,000 | - |
| Remuneration, social security and pensions62 | €875,537 | €943,994 | €1.0m | €1.1m | €1.2m | ▲ 11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68,556 | €62,861 | €35,501 | €42,425 | €128,122 | ▲ 202% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €32,343 | €10,000 | ▼ 69.1% |
| Other operating charges640/8 | €10,639 | €10,090 | €7,302 | €9,737 | €9,932 | ▲ 2.0% |
| Gross operating margin9900 | €1.1m | €1.3m | €1.5m | €1.5m | €1.8m | ▲ 21.1% |
| Operating profit (loss)9901 | €151,023 | €256,063 | €407,908 | €265,375 | €384,712 | ▲ 45.0% |
| Financial income75/76B | €2,613 | €4,853 | €28,497 | €35,994 | €42,005 | ▲ 16.7% |
| Recurring financial income75 | €2,613 | €4,853 | €28,497 | €35,994 | €42,005 | ▲ 16.7% |
| Financial charges65/66B | €34,488 | €43,727 | €55,766 | €58,002 | €92,545 | ▲ 59.6% |
| Recurring financial charges65 | €33,824 | €43,727 | €55,766 | €58,002 | €92,545 | ▲ 59.6% |
| Non-recurring financial charges66B | €664 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €119,149 | €217,190 | €380,639 | €243,368 | €334,172 | ▲ 37.3% |
| Income taxes67/77 | €28,534 | €59,532 | €102,920 | €53,830 | €31,720 | ▼ 41.1% |
| Profit (loss) for the period9904 | €90,615 | €157,657 | €277,718 | €189,538 | €302,452 | ▲ 59.6% |
| Profit (loss) for the period to be appropriated9905 | €90,615 | €157,657 | €277,718 | €189,538 | €302,452 | ▲ 59.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €2.2m | €2.2m | €2.3m | €4.6m | ▲ 96.7% |
| Fixed assets21/28 | €236,723 | €173,862 | €144,341 | €251,584 | €2.4m | ▲ 868% |
| Tangible fixed assets22/27 | €236,648 | €173,787 | €144,266 | €251,509 | €2.4m | ▲ 868% |
| Land and buildings22 | €115,950 | €100,251 | €89,980 | €79,482 | €1.2m | ▲ 1,377% |
| Plant, machinery and equipment23 | €43,277 | €17,917 | €18,520 | €38,913 | €68,917 | ▲ 77.1% |
| Furniture and vehicles24 | €77,422 | €55,619 | €35,767 | €20,522 | €8,857 | ▼ 56.8% |
| Leasing and similar rights25 | - | - | - | €112,591 | €1.2m | ▲ 951% |
| Financial fixed assets28 | €75 | €75 | €75 | €75 | €75 | = |
| Current assets29/58 | €1.8m | €2.0m | €2.0m | €2.1m | €2.2m | ▲ 3.4% |
| Stocks and contracts in progress3 | €306,276 | €184,550 | €183,100 | €589,650 | €446,238 | ▼ 24.3% |
| Stocks30/36 | €36,225 | €28,000 | €38,600 | €39,150 | €67,338 | ▲ 72.0% |
| Contracts in progress37 | €270,051 | €156,550 | €144,500 | €550,500 | €378,900 | ▼ 31.2% |
| Amounts receivable within one year40/41 | €1.4m | €1.7m | €1.3m | €1.3m | €1.1m | ▼ 15.2% |
| Trade receivables40 | €1.3m | €1.5m | €1.2m | €1.1m | €957,591 | ▼ 14.5% |
| Other amounts receivable41 | €120,437 | €165,500 | €166,088 | €156,332 | €124,906 | ▼ 20.1% |
| Cash at bank and in hand54/58 | €136,196 | €143,399 | €502,793 | €213,873 | €586,517 | ▲ 174% |
| Deferred charges and accrued income490/1 | €2,055 | €1,382 | €1,598 | - | €36,156 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €2.2m | €2.2m | €2.3m | €4.6m | ▲ 96.7% |
| Equity10/15 | €447,967 | €605,624 | €883,343 | €1.1m | €1.4m | ▲ 28.2% |
| Contributions10/11 | €120,000 | €120,000 | €120,000 | €120,000 | €120,000 | = |
| Capital10 | €120,000 | €120,000 | €120,000 | €120,000 | €120,000 | = |
| Issued capital100 | €120,000 | €120,000 | €120,000 | €120,000 | €120,000 | = |
| Reserves13 | €312,000 | €462,000 | €712,000 | €912,000 | €1.2m | ▲ 32.9% |
| Non-distributable reserves130/1 | €12,000 | €12,000 | €12,000 | €12,000 | €12,000 | = |
| Legal reserve130 | €12,000 | €12,000 | €12,000 | €12,000 | €12,000 | = |
| Distributable reserves133 | €300,000 | €450,000 | €700,000 | €900,000 | €1.2m | ▲ 33.3% |
| Profit (loss) carried forward14 | €15,967 | €23,624 | €51,343 | €40,881 | €43,333 | ▲ 6.0% |
| Amounts payable17/49 | €1.6m | €1.6m | €1.3m | €1.3m | €3.2m | ▲ 155% |
| Amounts payable after more than one year17 | €80,326 | €110,319 | €26,216 | €108,546 | €1.9m | ▲ 1,671% |
| Financial debts170/4 | €62,039 | €32,032 | €7,929 | €90,259 | €1.9m | ▲ 2,010% |
| Other amounts payable178/9 | €18,287 | €78,287 | €18,287 | €18,287 | €18,287 | = |
| Amounts payable within one year42/48 | €1.6m | €1.5m | €1.2m | €1.1m | €1.2m | ▲ 8.6% |
| Current portion of amounts payable after more than one year42 | €34,653 | €55,058 | €49,200 | €29,672 | €165,219 | ▲ 457% |
| Financial debts43 | €250,000 | €240,000 | €240,000 | €280,000 | €250,000 | ▼ 10.7% |
| Credit institutions430/8 | €250,000 | €240,000 | €240,000 | €280,000 | €250,000 | ▼ 10.7% |
| Trade debts44 | €1.0m | €990,360 | €723,021 | €599,650 | €665,822 | ▲ 11.0% |
| Suppliers440/4 | €1.0m | €990,360 | €723,021 | €599,650 | €665,822 | ▲ 11.0% |
| Advances received on contracts in progress46 | €119,296 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €132,814 | €186,524 | €225,335 | €229,732 | €156,005 | ▼ 32.1% |
| Taxes450/3 | €22,458 | €50,135 | €92,074 | €87,832 | €24,109 | ▼ 72.6% |
| Remuneration and social security454/9 | €110,356 | €136,389 | €133,261 | €141,900 | €131,896 | ▼ 7.1% |
| Accrued charges and deferred income492/3 | - | €6,953 | €10,000 | €11,516 | €51,279 | ▲ 345% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €90,615 | €157,657 | €277,718 | €189,538 | €302,452 | ▲ 59.6% |
| + Depreciation and write-downs630 | €68,556 | €62,861 | €35,501 | €42,425 | €128,122 | ▲ 202% |
| Operating cash flow (approximation) | €159,171 | €220,518 | €313,220 | €231,963 | €430,574 | ▲ 85.6% |
| Investment in fixed assets (approximation) | - | €0 | -€5,980 | -€149,668 | -€2.3m | ▼ 1,445% |
| Change in cash | - | €7,203 | €359,394 | -€288,920 | €372,643 | ▲ 229% |
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
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €302,452 ▲59.6%
Net result €302,452, the highest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1mEq €1.1m ▲21.5%
7 profitable years in a row build equity to €1.1m.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500,000Eq €605,624 ▲35.2%
5 profitable years in a row build equity to €605,624.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
31-12
Financial
Weakest financial yearnet €43,256 ▼30.2%
Net result drops to €43,256, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are 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, Grobbendonk · 1 establishment unit since 2002
Ground area
901 m²
Building footprint
125 m²
Volume, LiDAR
593 m³
Parcel 13010A0468/00M002, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ALBRIMA
since 20022.113.598.128
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010A0468/00M002 | Flanders | 901 m² | 1 · 125 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
2024 · 1 entry · 900 EUR awarded · 372 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 900 EUR | 372 EUR |
Recognitions · licences · registrations
Recognised contractor
1 categoryALBRIMA NV39160
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Of 909 companies in sector 25120 we hold annual accounts for 677. 462 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-12-1996
Fiscal year end31-12
Activities, NACEBEL 2025
25120Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459428919
Also
9925:BE0459428919
Registered
26-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.