ALBUM
ActiveSummary
The computed 12-month bankruptcy probability of ALBUM is 1.6% (moderate). The 2025 annual accounts show equity of €141k and a net result of €106k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 52% of 13417 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability99▼-1
Solvency57▼-18
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 2.55 in 2024; short-term debt: 38.4% and cash: 55.9% of total assets), but 67.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% 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
32.1%
Return on assets
24.1%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 20-05-2026, 72 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
72 d early
2024
36 d early
2023
56 d early
2022
26 d early
2021
33 d early
2020
12 d early
2019
31 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€141k▼ 46.9%
2024 · €265k
2018: €4k
2019: €4k▼ -15.9% vs 2018
2020: €87▼ -97.7% vs 2019lowest in 8 years
2021: €85k▲ +97538% vs 2020
2022: €104k▲ +23.0% vs 2021
2023: €185k▲ +78.1% vs 2022
2024: €265k▲ +43.4% vs 2023highest in 8 years
2025: €141k▼ -46.9% vs 2024
2018 → 2025
Total assets
€439k▼ 17.4%
2024 · €531k
2018: €5klowest in 8 years
2019: €41k▲ +729% vs 2018
2020: €216k▲ +432% vs 2019
2021: €295k▲ +36.9% vs 2020
2022: €330k▲ +11.9% vs 2021
2023: €480k▲ +45.3% vs 2022
2024: €531k▲ +10.7% vs 2023highest in 8 years
2025: €439k▼ -17.4% vs 2024
2018 → 2025
Net result
€106k▼ 26.1%
2024 · €143k
2018: €-2k
2019: €-7k▼ -284% vs 2018lowest in 8 years
2020: €-4k▲ +47.6% vs 2019
2021: €84k▲ +2435% vs 2020
2022: €64k▼ -23.9% vs 2021
2023: €167k▲ +160% vs 2022highest in 8 years
2024: €143k▼ -14.3% vs 2023
2025: €106k▼ -26.1% vs 2024
2018 → 2025
Working capital
€143k▼ 32.6%
2024 · €212k
2018: €4k
2019: €38k▲ +767% vs 2018
2020: €-19k▼ -151% vs 2019lowest in 8 years
2021: €69k▲ +454% vs 2020
2022: €108k▲ +56.8% vs 2021
2023: €172k▲ +59.8% vs 2022
2024: €212k▲ +23.3% vs 2023highest in 8 years
2025: €143k▼ -32.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€85k-€104k▲ 23.0%€185k▲ 78.1%€265k▲ 43.4%€141k▼ 46.9%
2021: €85klowest in 5 years
2022: €104k▲ +23.0% vs 2021
2023: €185k▲ +78.1% vs 2022
2024: €265k▲ +43.4% vs 2023highest in 5 years
2025: €141k▼ -46.9% vs 2024
Operating result€70k-€78k▲ 11.4%€207k▲ 164%€200k▼ 3.5%€143k▼ 28.5%
2021: €70klowest in 5 years
2022: €78k▲ +11.4% vs 2021
2023: €207k▲ +164% vs 2022highest in 5 years
2024: €200k▼ -3.5% vs 2023
2025: €143k▼ -28.5% vs 2024
Net result€84k-€64k▼ 23.9%€167k▲ 160%€143k▼ 14.3%€106k▼ 26.1%
2021: €84k
2022: €64k▼ -23.9% vs 2021lowest in 5 years
2023: €167k▲ +160% vs 2022highest in 5 years
2024: €143k▼ -14.3% vs 2023
2025: €106k▼ -26.1% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €439k
Fixed assets
€127k ▼ 30.0%
Current assets
€312k ▼ 10.8%
Equity and liabilities €439k
Equity
€141k ▼ 46.9%
Debt
€298k ▲ 12.1%
Debt's share of the balance-sheet total rises from 50.0% to 67.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€200k▼
2024 · €259k
Cash flow
€163k▼
2024 · €203k
Current ratio
1.85▼
2024 · 2.55
Quick ratio
1.58▼
2024 · 2.24
Debt to equity
2.12▲
2024 · 1.00
ROE
75.2%▲
2024 · 54.0%
ROA
24.1%▼
2024 · 27.0%
Interest coverage
44.79▼
2024 · 53.48
Debt ≤ 1 year
€169k▲
2024 · €137k
Debt > 1 year
€129k▲
2024 · €129k
Income taxes
€33k▼
2024 · €53k
Staff costs
€230k▲
2024 · €169k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€531k€439k▼
Fixed assets21/28€181k€127k▼
Tangible fixed assets22/27€181k€127k▼
Plant, machinery and equipment23€60k€30k▼
Furniture and vehicles24€9k€8k▼
Other tangible fixed assets26€113k€89k▼
Current assets29/58€350k€312k▼
Stocks and contracts in progress3€42k€45k▲
Stocks30/36€42k€45k▲
Amounts receivable within one year40/41€5k€20k▲
Trade receivables40€5k€3k▼
Other amounts receivable41€506€18k▲
Cash at bank and in hand54/58€303k€245k▼
Deferred charges and accrued income490/1€0€2k▲
Equity and liabilities
Total equity and liabilities10/49€531k€439k▼
Equity10/15€265k€141k▼
Contributions10/11€19k€19k=
Reserves13€247k€122k▼
Distributable reserves133€247k€122k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€266k€298k▲
Amounts payable after more than one year17€129k€129k▲
Financial debts170/4€0-
Other amounts payable178/9€129k€129k▲
Amounts payable within one year42/48€137k€169k▲
Current portion of amounts payable after more than one year42€7k€0▼
Financial debts43€3k€519▼
Credit institutions430/8€3k€519▼
Trade debts44€9k€6k▼
Suppliers440/4€9k€6k▼
Taxes, remuneration and social security45€41k€49k▲
Taxes450/3€18k€25k▲
Remuneration and social security454/9€23k€24k▲
Other amounts payable47/48€77k€113k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€169k€230k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€57k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€431k€432k▲
Operating profit (loss)9901€200k€143k▼
Financial income75/76B€1k€17▼
Recurring financial income75€1k€17▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€196k€139k▼
Income taxes67/77€53k€33k▼
Profit (loss) for the period9904€143k€106k▼
Profit (loss) for the period to be appropriated9905€143k€106k▼
Appropriation of the result
Profit (loss) to be appropriated9906€143k€106k▼
Transfer from equity791/2€42k€124k▲
Transfer to equity691/2€122k€0▼
To other reserves6921€122k€0▼
Profit to be distributed694/7€63k€230k▲
Return on contributions (dividend)694€42k€230k▲
Directors or managers695€21k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €47k | €113k | €163k | €169k | €230k | ▲ 36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39k | €43k | €51k | €59k | €57k | ▼ 4.9% |
| Other operating charges640/8 | €3k | €4k | €4k | €2k | €3k | ▲ 15.0% |
| Gross operating margin9900 | €160k | €238k | €426k | €431k | €432k | ▲ 0.4% |
| Operating profit (loss)9901 | €70k | €78k | €207k | €200k | €143k | ▼ 28.5% |
| Financial income75/76B | €19k | €168 | €71 | €1k | €17 | ▼ 98.5% |
| Recurring financial income75 | €19k | €168 | €71 | €1k | €17 | ▼ 98.5% |
| Financial charges65/66B | €5k | €5k | €3k | €5k | €4k | ▼ 8.1% |
| Recurring financial charges65 | €5k | €5k | €3k | €5k | €4k | ▼ 8.1% |
| Profit (loss) for the period before taxes9903 | €84k | €74k | €204k | €196k | €139k | ▼ 29.4% |
| Income taxes67/77 | - | €10k | €37k | €53k | €33k | ▼ 38.4% |
| Profit (loss) for the period9904 | €84k | €64k | €167k | €143k | €106k | ▼ 26.1% |
| Profit (loss) for the period to be appropriated9905 | €84k | €64k | €167k | €143k | €106k | ▼ 26.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €295k | €330k | €480k | €531k | €439k | ▼ 17.4% |
| Fixed assets21/28 | €177k | €158k | €172k | €181k | €127k | ▼ 30.0% |
| Tangible fixed assets22/27 | €177k | €158k | €172k | €181k | €127k | ▼ 30.0% |
| Plant, machinery and equipment23 | €94k | €82k | €71k | €60k | €30k | ▼ 49.5% |
| Furniture and vehicles24 | €628 | €496 | €5k | €9k | €8k | ▼ 11.4% |
| Other tangible fixed assets26 | €83k | €75k | €97k | €113k | €89k | ▼ 21.1% |
| Current assets29/58 | €118k | €173k | €308k | €350k | €312k | ▼ 10.8% |
| Stocks and contracts in progress3 | €15k | €30k | €34k | €42k | €45k | ▲ 7.1% |
| Stocks30/36 | €15k | €30k | €34k | €42k | €45k | ▲ 7.1% |
| Amounts receivable within one year40/41 | €4k | €6k | €25k | €5k | €20k | ▲ 281% |
| Trade receivables40 | €4k | €6k | €2k | €5k | €3k | ▼ 44.6% |
| Other amounts receivable41 | €0 | €346 | €24k | €506 | €18k | ▲ 3,358% |
| Cash at bank and in hand54/58 | €99k | €136k | €247k | €303k | €245k | ▼ 18.9% |
| Deferred charges and accrued income490/1 | €0 | €605 | €1k | €0 | €2k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €295k | €330k | €480k | €531k | €439k | ▼ 17.4% |
| Equity10/15 | €85k | €104k | €185k | €265k | €141k | ▼ 46.9% |
| Contributions10/11 | €12k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €72k | €85k | €166k | €247k | €122k | ▼ 50.4% |
| Distributable reserves133 | €72k | €85k | €166k | €247k | €122k | ▼ 50.4% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €211k | €227k | €295k | €266k | €298k | ▲ 12.1% |
| Amounts payable after more than one year17 | €158k | €147k | €135k | €129k | €129k | ▲ 0.6% |
| Financial debts170/4 | €32k | €20k | €7k | €0 | - | - |
| Other amounts payable178/9 | €126k | €127k | €128k | €129k | €129k | ▲ 0.6% |
| Amounts payable within one year42/48 | €49k | €65k | €135k | €137k | €169k | ▲ 22.9% |
| Current portion of amounts payable after more than one year42 | €12k | €12k | €12k | €7k | €0 | ▼ 100% |
| Financial debts43 | €0 | - | - | €3k | €519 | ▼ 83.2% |
| Credit institutions430/8 | €0 | - | - | €3k | €519 | ▼ 83.2% |
| Trade debts44 | €2k | €2k | €5k | €9k | €6k | ▼ 24.4% |
| Suppliers440/4 | €2k | €2k | €5k | €9k | €6k | ▼ 24.4% |
| Taxes, remuneration and social security45 | €18k | €18k | €29k | €41k | €49k | ▲ 18.7% |
| Taxes450/3 | €10k | €5k | €16k | €18k | €25k | ▲ 35.5% |
| Remuneration and social security454/9 | €8k | €13k | €13k | €23k | €24k | ▲ 5.2% |
| Other amounts payable47/48 | €17k | €33k | €89k | €77k | €113k | ▲ 46.5% |
| Accrued charges and deferred income492/3 | €3k | €14k | €24k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84k | €64k | €167k | €143k | €106k | ▼ 26.1% |
| + Depreciation and write-downs630 | €39k | €43k | €51k | €59k | €57k | ▼ 4.9% |
| Operating cash flow (approximation) | €124k | €107k | €218k | €203k | €163k | ▼ 19.9% |
| Investment in fixed assets (approximation) | - | €-23k | €-66k | €-69k | €-2k | ▲ 96.9% |
| Change in cash | - | €37k | €111k | €55k | €-57k | ▼ 203% |
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
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €265k ▲43.4%
4 profitable years in a row build equity to €265k.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €167k ▲160%
Operating result €207k, net result €167k, both a record.
31-12
Financial
Equity above €150kEq €185k ▲78.1%
3 profitable years in a row build equity to €185k.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €104k ▲23%
2 profitable years in a row build equity to €104k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €84k
Net result €84k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 2.39
Current ratio from 0.58 to 2.39.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 21.69
Current ratio from 10.00 to 21.69.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2018
Ground area
145 m²
Building footprint
145 m²
Volume, LiDAR
1,602 m³
Parcel 11811L3652/00S002, Flanders · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Album
since 20182.276.895.351
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3652/00S002 | Flanders | 145 m² | 1 · 145 m² | 17.3 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.276.895.351
Similar companies · same sector, comparable size
Den Comptoir
BE 0835.100.813
Brugge · Eq €140,961
DIMARLO
BE 0692.952.756
Deinze · Eq €140,987
Edward's Café
BE 0779.920.679
Tubize · Eq €141,018
AU P'TIT NICO
BE 0444.415.101
Verviers · Eq €141,064
SMAAKFABRIEK
BE 0721.922.104
Hasselt · Eq €141,090
Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 9,145 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
Founded25-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
10712Artisanal bread and fresh pastry making
56210Event catering
82300Organisation of conventions and trade shows
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.