Financials
- Financial year
- 2025
- Total assets
- €90,260
- Loss
- -€102,345
- Solvency
- -263.6%
Total assets▲ 0.5%
Net result
20182025
ALBUD
ActiveSummary
The computed 12-month bankruptcy probability of ALBUD is 4.6% (elevated). The 2025 annual accounts show negative equity (-€237,910) and a net result of -€102,345. Equity is shrinking by about 29% per year across the filed financial years. Its solvency ranks better than 5% of 9,614 sector peers (NACE 43, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Other building finishing work
NACE 43350Personal service activities NACE 96910
1 site
Size
€90,260total assets 2025
- Staff
- 12 FTE
- Equity
- -€237,910
- Loss
- -€102,345
Turnover not published (abbreviated or micro format)
Structure
Accounts 52 days early0 of 9 deeds read
Why 36raises riskNegative equity -€237,910Loss of €102,345, the second in a row (financial year 2025)1 change of registered office in 24 monthslowers riskLiquidity: current ratio 0.23, cash €52,820Show the evidence
Checked score
Score 2025
36
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 20% of its sector peers (NACE 43, small)
Financial strength · tick = 2023
Weak
Solvency
0=
equity -263.6% of total assets
Liquidity
50+17
short-term debt 291.9% · cash 58.5%
Profitability
0=
return on assets -113.4%
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.0%
12-2024: 5.8%▲ +0.8 percentage points vs 11-2024
01-2025: 5.8%● unchanged vs 12-2024
02-2025: 5.8%● unchanged vs 01-2025
03-2025: 5.7%▼ -0.1 percentage points vs 02-2025
04-2025: 5.7%● unchanged vs 03-2025
05-2025: 5.8%▲ +0.1 percentage points vs 04-2025
06-2025: 5.5%▼ -0.3 percentage points vs 05-2025
07-2025: 5.6%▲ +0.1 percentage points vs 06-2025
08-2025: 5.8%▲ +0.2 percentage points vs 07-2025
09-2025: 5.8%● unchanged vs 08-2025
10-2025: 5.7%▼ -0.1 percentage points vs 09-2025
11-2025: 5.8%▲ +0.1 percentage points vs 10-2025
12-2025: 6.8%▲ +1.0 percentage point vs 11-2025
01-2026: 9.5%▲ +2.7 percentage points vs 12-2025
02-2026: 9.5%● unchanged vs 01-2026
03-2026: 9.5%● unchanged vs 02-2026highest value
04-2026: 8.8%▼ -0.7 percentage points vs 03-2026
05-2026: 8.8%● unchanged vs 04-2026
06-2026: 8.8%● unchanged vs 05-2026
07-2026: 4.6%▼ -4.2 percentage points vs 06-2026lowest value
08-2026: 4.6%● unchanged vs 07-2026lowest value
09-2026: 4.6%● unchanged vs 08-2026lowest value
10-2026: 4.6%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.23, compared with 0.26 in 2023, below 1; short-term debt: 291.9% and cash: 58.5% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 1% on solvency, 59% on liquidity and 2% on profitability.
The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1820222325
2018 to 2025 · latest year -€237,910
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 days early
2023
114 days late
2022
164 days late
2020
137 days late
2018
47 days late
2017
49 days early
2016
50 days 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 59 days after the deadline; the sector median (NACE 43) for financial year 2023 is 1 day before the deadline, and 44% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 November (4 of the last 5 filed years within 68 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€102,345
- Annual accounts filedfinancial year 2023 · abbreviated…
Key points
By topic
Timeline
- Events
- 17
- Since
- 2008
- Next accounts
- by 31-07-2027
- 11-01-2024Annual accounts filed
- 31-12-2022Back to profit
- 15-12-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other building finishing workNACE 43350
- Founded
- 07-02-2006
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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