CHEZ ALBERT SHOPS
ActiveThe computed 12-month bankruptcy probability of CHEZ ALBERT SHOPS is 2.7% (moderate). The 2025 annual accounts show equity of €419k and a net result of €598k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 3614 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency18▼-22
Growth78=
Stability100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity short (current ratio 0.78 against 1.06 in 2024), and 82% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
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
18%
Return on assets
25.7%
Age of the figures
8 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 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 d early
2024
28 d early
2023
27 d early
2022
129 d early
2021
51 d early
2020
15 d early
2019
92 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€419k=
2024 · €419k
2018: €121k
2019: €119k
2020: €-929
2021: €54k
2022: €177k
2024: €419k
2018 → 2025
Total assets
€2.33M▲ 42.9%
2024 · €1.63M
2018: €394k
2019: €510k
2020: €94k
2021: €151k
2022: €477k
2024: €1.63M
2018 → 2025
Net result
€598k▲ 23.2%
2024 · €485k
2018: €94k
2019: €108k
2020: €-120k
2021: €55k
2022: €283k
2024: €485k
2018 → 2025
Working capital
€-369k
2024 · €67k
2018: €73k
2019: €77k
2020: €-31k
2021: €37k
2022: €173k
2024: €67k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€-929-€54k€177k▲ 227%€419k▲ 136%€419k=
Operating result€-113k-€63k€301k▲ 379%€698k▲ 132%€738k▲ 5.7%
Net result€-120k-€55k€283k▲ 414%€485k▲ 71.3%€598k▲ 23.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 6% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.33M
Fixed assets
€986k▲ 88.0%
Current assets
€1.34M▲ 21.4%
Equity and liabilities €2.33M
Equity
€419k=
Debt
€1.91M▲ 57.7%
The debt ratio rises from 74.3% to 82.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€841k▲
2024 · €779k
Cash flow
€700k▲
2024 · €565k
Solvency
18.0%▼
2024 · 25.7%
Current ratio
0.78▼
2024 · 1.06
Quick ratio
0.76▼
2024 · 1.04
Debt / equity
4.56▲
2024 · 2.89
ROE
142.7%▲
2024 · 115.8%
ROA
25.7%▼
2024 · 29.8%
Interest coverage
17.43▲
2024 · 16.47
Debt
€1.91M▲
2024 · €1.21M
Debt ≤ 1 year
€1.71M▲
2024 · €1.04M
Debt > 1 year
€196k▲
2024 · €173k
Income taxes
€93k▼
2024 · €166k
Staff costs
€761k▲
2024 · €620k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.63M€2.33M▲
Fixed assets21/28€524k€986k▲
Intangible fixed assets21€32k€22k▼
Tangible fixed assets22/27€493k€962k▲
Land and buildings22€224k€459k▲
Plant, machinery and equipment23€151k€409k▲
Furniture and vehicles24€76k€64k▼
Other tangible fixed assets26€42k€29k▼
Financial fixed assets28-€2k
Current assets29/58€1.10M€1.34M▲
Stocks and contracts in progress3€25k€49k▲
Stocks30/36€25k€49k▲
Amounts receivable within one year40/41€668k€743k▲
Trade receivables40€5k€421▼
Other amounts receivable41€663k€743k▲
Cash at bank and in hand54/58€403k€450k▲
Deferred charges and accrued income490/1€9k€99k▲
Equity and liabilities
Total equity and liabilities10/49€1.63M€2.33M▲
Equity10/15€419k€419k=
Contributions10/11€277k€277k=
Reserves13€142k€142k=
Distributable reserves133€142k€142k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.21M€1.91M▲
Amounts payable after more than one year17€173k€196k▲
Financial debts170/4€173k€196k▲
Amounts payable within one year42/48€1.04M€1.71M▲
Current portion of amounts payable after more than one year42€106k€87k▼
Financial debts43-€88k
Credit institutions430/8-€88k
Trade debts44€164k€245k▲
Suppliers440/4€164k€245k▲
Taxes, remuneration and social security45€107k€81k▼
Taxes450/3€53k€906▼
Remuneration and social security454/9€54k€81k▲
Other amounts payable47/48€660k€1.21M▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Non-recurring operating income76A-€30k
Remuneration, social security and pensions62€620k€761k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€103k▲
Other operating charges640/8€4k€4k▼
Non-recurring operating charges66A€39k€284▼
Gross operating margin9900€1.44M€1.61M▲
Operating profit (loss)9901€698k€738k▲
Financial income75/76B-€305
Recurring financial income75-€305
Financial charges65/66B€47k€48k▲
Recurring financial charges65€47k€48k▲
Profit (loss) for the period before taxes9903€651k€690k▲
Income taxes67/77€166k€93k▼
Profit (loss) for the period9904€485k€598k▲
Profit (loss) for the period to be appropriated9905€485k€598k▲
Appropriation of the result
Profit (loss) to be appropriated9906€485k€598k▲
Profit to be distributed694/7€485k€598k▲
Return on contributions (dividend)694€485k€356k▼
Directors or managers695-€242k
Social balance
Average headcount (FTE)908713.715.8▲
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
State Gazette act
Capital & shares · RestructuringGeneral meeting · Merger · Dissolution5 facts ▸
State Gazette act
Capital & shares · Restructuring
General meeting · Merger · Dissolution5 facts ▸
- General meeting, 22/07/2026
- Merger, 22/07/2026
- Dissolution, 2026-07-22
- Accounting effect, 01/01/2026
- Power of attorney, VANAUDENAERDE Bert
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €598k ▲23.2%
Operating result €738k, net result €598k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200kEq €419k ▲136%
3 profitable years in a row build equity to €419k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €150kEq €177k ▲227%
2 profitable years in a row build equity to €177k.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.38
Current ratio from 0.67 to 1.38.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-120k ▼211%
Net result drops to €-120k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 7 establishment units since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Breidelstraat 168000 BruggeGround area
4.1 ha
Building footprint
6,459 m²
Volume, LiDAR
69,612 m³
7 parcels, Brussels, Flanders · tallest building 33.9 m, ±8 floors. Linked by address, not a title deed.
7 establishment units
CHEZ ALBERT BREIDELSTRAAT
since 20002.115.756.773
Chez Albert Steenstraat
since 20232.348.376.631
Chez Albert Rail Brugge
since 20242.355.639.258
Chez Albert Leuven
since 20252.377.709.431
Chez Albert Antwerpen Sint-Pieterstraat
since 20252.377.709.530
Chez Albert Antwerpen Meir
since 20252.380.829.960
Show 1 more locations
Chez Albert Brussel Zuid
since 20262.392.823.516
7 parcels
Flanders
6
(85.7%)
Brussels
1
(14.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0435/02L002 | Brussels | 3.6 ha | 1 · 1,500 m² | 33.9 m · 8 fl. |
| 31512B0005/02F000 | Flanders | 3,832 m² | 1 · 4,463 m² | 14.6 m · 2 fl. |
| 31802B1201/00C000 | Flanders | 152 m² | 1 · 180 m² | 13.2 m · 3 fl. |
| 11803C0238/00E000 | Flanders | 98 m² | 1 · 98 m² | 26.3 m · 6 fl. |
| 11803C2114/00B000 | Flanders | 86 m² | 1 · 78 m² | 17.0 m · 5 fl. |
| 31804D0561/00A000 | Flanders | 78 m² | 1 · 71 m² | 14.9 m · 4 fl. |
| 24502B0650/00F000 | Flanders | 68 m² | 1 · 69 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 6
7 of 7 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
4 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Acquisitions and mergers
1 transactionTook over:CHEZ ALBERT BRUSSEL
Recognitions · licences · registrations
Food safety, FASFC
6 sitesAntwerpen2.377.709.530
Antwerpen2.380.829.960
Brugge2.115.756.773
Brugge2.348.376.631
Show 2 more sites
Brugge2.355.639.258
Leuven2.377.709.431
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Of 21,633 companies in sector 56112 we hold annual accounts for 9,660. 4,868 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2000
Fiscal year end31-12
Activities, NACEBEL
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:admin@thewaffle.cc