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ALBTECH

Inactive
KBO/BCE: BE 0751.581.239

ALBTECH was declared bankrupt on 02-05-2023 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 10-03-2026, published in the Belgian State Gazette on 16-03-2026.

Summary

Inactive; last annual accounts for fiscal year 2021.

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ALBTECHInactive
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Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-06-2022, 32 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2021
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2021 accounts 32 days before the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ALBTECH has filed annual accounts once, for fiscal year 2021.1 On 2 May 2023 the company was declared bankrupt; the bankruptcy was closed on 10 March 2026.23

  1. 1National Bank, annual accounts 2021
  2. 2Belgian State Gazette, 08-05-2023
  3. 3Belgian State Gazette, 16-03-2026

Financials · fiscal year 2021, micro schema

Equity
€30,196
Total assets
€124,370
Net result
€25,196
Working capital
€17,272

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €124,370
Fixed assets €40,322
Current assets €84,048
Equity and liabilities €124,370
Equity €30,196
Debt €94,174
Debt finances 75.7% of the balance-sheet total.
Key figures and ratios
2021 value
EBITDA
€38,869
Cash flow
€31,031
Current ratio
1.26
Quick ratio
0.66
Debt to equity
3.12
ROE
83.4%
ROA
20.3%
Interest coverage
10.63
Debt ≤ 1 year
€66,776
Debt > 1 year
€21,027
Income taxes
€4,276
Staff costs
€5,610
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 47 lines
Balance sheet Code2021
Assets
Total assets20/58€124,370
Fixed assets21/28€40,322
Intangible fixed assets21€763
Tangible fixed assets22/27€39,374
Plant, machinery and equipment23€10,821
Furniture and vehicles24€3,007
Leasing and similar rights25€25,546
Financial fixed assets28€185
Current assets29/58€84,048
Stocks and contracts in progress3€40,217
Contracts in progress37€40,217
Amounts receivable within one year40/41€43,831
Trade receivables40€32,712
Other amounts receivable41€11,119
Equity and liabilities
Total equity and liabilities10/49€124,370
Equity10/15€30,196
Contributions10/11€5,000
Reserves13€25,196
Distributable reserves133€25,196
Amounts payable17/49€94,174
Amounts payable after more than one year17€21,027
Financial debts170/4€21,027
Amounts payable within one year42/48€66,776
Financial debts43€4,103
Credit institutions430/8€4,103
Trade debts44€51,961
Suppliers440/4€51,961
Taxes, remuneration and social security45€4,276
Taxes450/3€4,276
Other amounts payable47/48€6,436
Accrued charges and deferred income492/3€6,372
Income statement Code2021
Remuneration, social security and pensions62€5,610
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,836
Other operating charges640/8€2,180
Gross operating margin9900€46,659
Operating profit (loss)9901€33,034
Financial income75/76B€94
Recurring financial income75€94
Financial charges65/66B€3,656
Recurring financial charges65€3,656
Profit (loss) for the period before taxes9903€29,472
Income taxes67/77€4,276
Profit (loss) for the period9904€25,196
Profit (loss) for the period to be appropriated9905€25,196
Appropriation of the result
Profit (loss) to be appropriated9906€25,196
Transfer to equity691/2€25,196
To other reserves6921€25,196

The notes to these accounts (45 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021
Remuneration, social security and pensions62€5,610
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,836
Other operating charges640/8€2,180
Gross operating margin9900€46,659
Operating profit (loss)9901€33,034
Financial income75/76B€94
Recurring financial income75€94
Financial charges65/66B€3,656
Recurring financial charges65€3,656
Profit (loss) for the period before taxes9903€29,472
Income taxes67/77€4,276
Profit (loss) for the period9904€25,196
Profit (loss) for the period to be appropriated9905€25,196
Line2021
Assets
Total assets20/58€124,370
Fixed assets21/28€40,322
Intangible fixed assets21€763
Tangible fixed assets22/27€39,374
Plant, machinery and equipment23€10,821
Furniture and vehicles24€3,007
Leasing and similar rights25€25,546
Financial fixed assets28€185
Current assets29/58€84,048
Stocks and contracts in progress3€40,217
Contracts in progress37€40,217
Amounts receivable within one year40/41€43,831
Trade receivables40€32,712
Other amounts receivable41€11,119
Equity and liabilities
Total equity and liabilities10/49€124,370
Equity10/15€30,196
Contributions10/11€5,000
Reserves13€25,196
Distributable reserves133€25,196
Amounts payable17/49€94,174
Amounts payable after more than one year17€21,027
Financial debts170/4€21,027
Amounts payable within one year42/48€66,776
Financial debts43€4,103
Credit institutions430/8€4,103
Trade debts44€51,961
Suppliers440/4€51,961
Taxes, remuneration and social security45€4,276
Taxes450/3€4,276
Other amounts payable47/48€6,436
Accrued charges and deferred income492/3€6,372
Line2021
Profit (loss) for the period9904€25,196
+ Depreciation and write-downs630€5,836
Operating cash flow (approximation)€31,031

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

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Timeline · acts, filings and financial milestones

2026
16-03
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 10-03-2026
2023
08-05
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 02-05-2023
2022
29-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
SignalNBB filing
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

Insolvency mandates

1 mandate
Role Name Tenure
Curator PHILIPPE VAN LIEFFERINGE
BOTERHOEK 3, 9860 OOSTERZELE
 02-05-2023 → 10-03-2026

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