IMMOBILIERE ALHAMBRA
ActiveSummary
IMMOBILIERE ALHAMBRA has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9.67M and a net result of €1.08M. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 80% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+5
Solvency96▲+5
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €750k at 30 days acceptable
Liquidity ample (current ratio 2.31 against 1.76 in 2023; short-term debt: 17.4% and cash: 6.5% of total assets), and 28.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2024Solvency, return and age of the figures
Solvency
71.2%
Return on assets
8%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €9.67M
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
34 d early
2022
52 d early
2021
18 d early
2020
50 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€2.27M▲ 28.8%
2019 · €1.76M
2018: €1.50M
2019: €1.76M
2018 → 2020
EBIT margin
6.5%▲ 34.8pp
2019 · -28.3%
2018: -42.6%
2019: -28.3%
2018 → 2020
Net result
€1.08M▲ 95.2%
2023 · €556k
2018: €-672k
2019: €-578k
2020: €73k
2021: €-51k
2022: €206k
2023: €556k
2018 → 2024
Working capital
€3.09M▲ 78.1%
2023 · €1.74M
2018: €-4.74M
2019: €-342k
2020: €-186k
2021: €175k
2022: €789k
2023: €1.74M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.27M-
Equity€7.87M-€7.82M▼ 0.6%€8.03M▲ 2.6%€8.58M▲ 6.9%€9.67M▲ 12.6%
Operating result€147k-€15k▼ 90.0%€265k▲ 1,713%€594k▲ 124%€1.26M▲ 113%
Net result€73k-€-51k€206k€556k▲ 170%€1.08M▲ 95.2%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 113% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13.58M
Fixed assets
€8.12M ▼ 9.0%
Current assets
€5.46M ▲ 35.2%
Equity and liabilities €13.58M
Equity
€9.67M ▲ 12.6%
Provisions
€63k ▲ 13.2%
Debt
€3.85M ▼ 11.1%
Debt's share of the balance-sheet total falls from 33.4% to 28.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.08M▲
2023 · €1.61M
Cash flow
€1.91M▲
2023 · €1.57M
Current ratio
2.31▲
2023 · 1.76
Quick ratio
2.19▲
2023 · 1.64
Debt to equity
0.40▼
2023 · 0.50
ROE
11.2%▲
2023 · 6.5%
ROA
8.0%▲
2023 · 4.3%
Interest coverage
50.50▲
2023 · 34.49
Debt ≤ 1 year
€2.36M▲
2023 · €2.30M
Debt > 1 year
€1.39M▼
2023 · €2.02M
Income taxes
€212k▲
2023 · €4k
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 · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€12.97M€13.58M▲
Fixed assets21/28€8.93M€8.12M▼
Tangible fixed assets22/27€8.93M€8.12M▼
Land and buildings22€8.93M€8.12M▼
Furniture and vehicles24€0-
Financial fixed assets28€514€514=
Current assets29/58€4.04M€5.46M▲
Stocks and contracts in progress3€274k€273k▼
Stocks30/36€274k€273k▼
Amounts receivable within one year40/41€1.47M€1.04M▼
Trade receivables40€1.31M€934k▼
Other amounts receivable41€163k€101k▼
Current investments50/53€1.00M€3.25M▲
Cash at bank and in hand54/58€1.29M€881k▼
Deferred charges and accrued income490/1€179€19k▲
Equity and liabilities
Total equity and liabilities10/49€12.97M€13.58M▲
Equity10/15€8.58M€9.67M▲
Contributions10/11€1.00M€1.00M=
Capital10€1.00M€1.00M=
Issued capital100€1.00M€1.00M=
Reserves13€100k€100k=
Non-distributable reserves130/1€100k€100k=
Legal reserve130€100k€100k=
Profit (loss) carried forward14€7.48M€8.57M▲
Provisions and deferred taxes16€56k€63k▲
Provisions for liabilities and charges160/5€56k€63k▲
Major repairs and maintenance162€56k€63k▲
Amounts payable17/49€4.33M€3.85M▼
Amounts payable after more than one year17€2.02M€1.39M▼
Financial debts170/4€2.02M€1.39M▼
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€2.30M€2.36M▲
Current portion of amounts payable after more than one year42€669k€679k▲
Trade debts44€909k€911k▲
Suppliers440/4€909k€911k▲
Other amounts payable47/48€721k€774k▲
Accrued charges and deferred income492/3€3k€88k▲
Income statement
Code20232024
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.01M€822k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0€7k▲
Other operating charges640/8€671k€718k▲
Gross operating margin9900€2.28M€2.81M▲
Operating profit (loss)9901€594k€1.26M▲
Financial income75/76B€12k€76k▲
Recurring financial income75€12k€76k▲
Financial charges65/66B€47k€41k▼
Recurring financial charges65€47k€41k▼
Profit (loss) for the period before taxes9903€559k€1.30M▲
Income taxes67/77€4k€212k▲
Profit (loss) for the period9904€556k€1.08M▲
Profit (loss) for the period to be appropriated9905€556k€1.08M▲
Appropriation of the result
Profit (loss) to be appropriated9906€7.48M€8.57M▲
Profit (loss) brought forward from the previous period14P€6.93M€7.48M▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Highest result since 2018net €1.08M ▲95.2%
Operating result €1.26M, net result €1.08M, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €206k
Net result €206k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €73k
Net result €73k after 2 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
13-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Affligem · 1 establishment unit since 1997
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.
Essene-Kerkplein 11790 AffligemGround area
5,077 m²
Building footprint
1,874 m²
Volume, LiDAR
2,371 m³
2 parcels, Flanders · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Wijngaardstraat(KE) 34, 9451 Haaltert
since 19972.082.131.922
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23021A0300/00C000 | Flanders | 2,788 m² | 1 · 265 m² | 14.1 m · 3 fl. |
| 41033B0750/00K000 | Flanders | 2,289 m² | 1 · 1,609 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
529900A007PM63Y6JZ61
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4STOX
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Antwerpen · Eq €9.54M
STEBIL
BE 0732.663.665
Kortemark · Eq €9.51M
Vianellu
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Geel · Eq €9.88M
RUDAN
BE 0437.367.951
Pepingen · Eq €9.90M
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 1,930 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-04-1997
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.