Public limited company · founded 2010 · 16 years activeNijverheidsstraat 7, 2260 Westerlo, BelgiumKBO/BCE: BE 0824.326.586
Summary
Albatross Projects Belgium has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €3.1m and a net result of €517,354. Equity is growing by ~17.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Auditor: BDO Bedrijfsrevisoren bvAccounts 18 days early3 of 12 deeds read
Signals- Figures for FY 2023 (filed 26-06-2024)+ Liquidity: current ratio 1.63, cash €2.7m+ Founded in 2010+ Size: turnover €15.8m, 45.6 FTE, total assets €7.4mLatest accounts filed on timeShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Financial strength, FY 2023 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency67-6
equity 42.1% of total assets
Liquidity70+11
short-term debt 51.6% · cash 36.9%
Profitability68+2
return on assets 7.0%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.5%Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.2% (161 companies)
Last 24 months11-2024: 0.1%12-2024: 0.1%● unchanged vs 11-202401-2025: 0.1%● unchanged vs 12-202402-2025: 0.1%● unchanged vs 01-202503-2025: 0.1%● unchanged vs 02-202504-2025: 0.1%● unchanged vs 03-2025lowest value05-2025: 0.1%● unchanged vs 04-202506-2025: 0.1%● unchanged vs 05-202507-2025: 0.1%● unchanged vs 06-202508-2025: 0.2%▲ +0.1 percentage points vs 07-202509-2025: 0.2%● unchanged vs 08-202510-2025: 0.3%▲ +0.1 percentage points vs 09-202511-2025: 0.3%● unchanged vs 10-202512-2025: 0.5%▲ +0.2 percentage points vs 11-202501-2026: 0.8%▲ +0.3 percentage points vs 12-2025highest value02-2026: 0.8%● unchanged vs 01-2026highest value03-2026: 0.7%▼ -0.1 percentage points vs 02-202604-2026: 0.6%▼ -0.1 percentage points vs 03-202605-2026: 0.6%● unchanged vs 04-202606-2026: 0.6%● unchanged vs 05-202607-2026: 0.6%● unchanged vs 06-202608-2026: 0.5%▼ -0.1 percentage points vs 07-202609-2026: 0.5%● unchanged vs 08-202610-2026: 0.5%● unchanged vs 09-2026
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
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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. Usually files around 13 July (4 of the last 5 filed years within 72 days of that day).