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Albatross Projects Belgium

Active Risk: low
Public limited companyfounded 201016 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).

Albatross Projects BelgiumActive

Overview

Activity
Manufacture of rubber and plastic products
NACE 22260Manufacture of rubber and plastic products NACE 22240
1 site
Size
€15.8mturnover 2023
Staff
45.6 FTE
Equity
€3.1m
Profit
€517,354
Financial health
Bankruptcy probabilitywithin 12 months
0.5%
2023 figures too old to score
Structure
Parent
ALBATROSS PROJECTS · 100%
  • STABERCODaily manager · permanent representative Bert Verwimp
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
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Financial strength, FY 2023 · tick = 2021
Strong
Solvency 67-6
equity 42.1% of total assets
Liquidity 70+11
short-term debt 51.6% · cash 36.9%
Profitability 68+2
return on assets 7.0%
Bankruptcy probability, 12 months
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 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.5%▲ +0.2 percentage points vs 11-2025 01-2026: 0.8%▲ +0.3 percentage points vs 12-2025highest value 02-2026: 0.8%● unchanged vs 01-2026highest value 03-2026: 0.7%▼ -0.1 percentage points vs 02-2026 04-2026: 0.6%▼ -0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.5%▼ -0.1 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2023 (filed 26-06-2024)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.63, cash €2.7m
NBB · annual accounts
lowers risk · Founded in 2010
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: turnover €15.8m, 45.6 FTE, total assets €7.4m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
20 days early
2023
40 days early
2022
109 days late
2021
54 days late
2020
72 days late
2019
116 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 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)
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).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. BenamingName change · Power of…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Reappointment: BDO Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Piet Robben

Key points

  • Caution: A director leftlatest change 31-10-2025 · 1 in office 1 left View
  • Controlled by ALBATROSS PROJECTS 100% View
  • Positive: 4 years of growth in a rowturnover 2023: €15.8m 4 years View

By topic

Financials

Fiscal year
2023
Turnover
€15.8m
Profit
€517,354
Solvency
42.1%
Turnover▲ 21.6%
Net result
20182023
Go to Financials

Board & ownership

Board
1 member
Parent
ALBATROSS PROJECTS · 100%
Auditor
BDO Bedrijfsrevisoren bv
  • STABERCODaily manager
Go to Board & ownership

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 27-10-2025Resignation: Robert Hannes (managing director)
  2. 11-07-2025Annual accounts filed
  3. 21-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of rubber and plastic productsNACE 22260
Founded
25-03-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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