ALBATER
ActiveALBATER has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9.00M and a net result of €466k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 90% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▼-19
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 2.07 in 2023; short-term debt: 6.3% and cash: 0.4% of total assets), and 7% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
93%
Return on assets
4.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
78 d late
2022
31 d late
2021
5 d late
2020
23 d early
2019
38 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€466k▲ 848%
2023 · €49k
2018: €-209k
2019: €1.60M
2020: €293k
2021: €41k
2022: €967k
2023: €49k
2018 → 2024
Working capital
€351k▲ 12.5%
2023 · €312k
2018: €-3.03M
2019: €-1.35M
2020: €-888k
2021: €-871k
2022: €125k
2023: €312k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7.89M-€7.93M▲ 0.5%€8.90M▲ 12.2%€8.95M▲ 0.6%€9.00M▲ 0.6%
Operating result€-132k-€355€-103k€-94k▲ 8.5%€13k
Net result€293k-€41k▼ 85.9%€967k▲ 2,240%€49k▼ 94.9%€466k▲ 848%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13k after a loss of €94k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.67M
Fixed assets
€8.71M▲ 0.1%
Current assets
€965k▲ 59.9%
Equity and liabilities €9.67M
Equity
€9.00M▲ 0.6%
Provisions
€57k▼ 13.8%
Debt
€616k▲ 111%
The debt ratio rises from 3.1% to 6.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€131k▼
2023 · €137k
Cash flow
€584k▲
2023 · €281k
Solvency
93.0%▼
2023 · 96.2%
Current ratio
1.57▼
2023 · 2.07
Quick ratio
1.57▼
2023 · 2.07
Debt / equity
0.07▲
2023 · 0.03
ROE
5.2%▲
2023 · 0.6%
ROA
4.8%▲
2023 · 0.5%
Interest coverage
-34.97▼
2023 · 19.36
Debt
€616k▲
2023 · €292k
Debt ≤ 1 year
€614k▲
2023 · €291k
Income taxes
€282▼
2023 · €295
Staff costs
€88k▲
2023 · €83k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€9.30M€9.67M▲
Fixed assets21/28€8.70M€8.71M▲
Tangible fixed assets22/27€1.32M€1.33M▲
Land and buildings22€1.28M€1.29M▲
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€33k€36k▲
Financial fixed assets28€7.38M€7.38M=
Current assets29/58€603k€965k▲
Amounts receivable within one year40/41€562k€921k▲
Trade receivables40€40k€103k▲
Other amounts receivable41€522k€818k▲
Cash at bank and in hand54/58€36k€38k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€9.30M€9.67M▲
Equity10/15€8.95M€9.00M▲
Contributions10/11€2.18M€1.76M▼
Capital10€2.18M€1.76M▼
Issued capital100€2.18M€1.76M▼
Reserves13€579k€562k▼
Non-distributable reserves130/1€271k€271k=
Legal reserve130€271k€271k=
Tax-exempt reserves132€209k€192k▼
Distributable reserves133€99k€99k=
Profit (loss) carried forward14€6.19M€6.67M▲
Provisions and deferred taxes16€66k€57k▼
Deferred taxes168€66k€57k▼
Amounts payable17/49€292k€616k▲
Amounts payable within one year42/48€291k€614k▲
Current portion of amounts payable after more than one year42€52k-
Trade debts44€45k€74k▲
Suppliers440/4€45k€74k▲
Taxes, remuneration and social security45€31k€23k▼
Taxes450/3€23k€15k▼
Remuneration and social security454/9€8k€8k▲
Other amounts payable47/48€163k€516k▲
Accrued charges and deferred income492/3€721€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€83k€88k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€231k€118k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-117k-
Other operating charges640/8€15k€15k▲
Non-recurring operating charges66A€50k-
Gross operating margin9900€167k€234k▲
Operating profit (loss)9901€-94k€13k▲
Financial income75/76B€51k€441k▲
Recurring financial income75€20k€441k▲
Non-recurring financial income76B€31k-
Financial charges65/66B€7k€-4k▼
Recurring financial charges65€7k€-4k▼
Profit (loss) for the period before taxes9903€-51k€458k▲
Transfer from deferred taxes780€100k€9k▼
Income taxes67/77€295€282▼
Profit (loss) for the period9904€49k€466k▲
Transfer from tax-exempt reserves789€291k€18k▼
Profit (loss) for the period to be appropriated9905€340k€484k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6.19M€6.67M▲
Profit (loss) brought forward from the previous period14P€5.85M€6.19M▲
Social balance
Average headcount (FTE)90871.41.4=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 54 days late
2024
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 78 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 1.35
Current ratio from 0.39 to 1.35; short-term debt falls from €1.43M to €359k.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 5 days late
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 38 days late
2019
31-12
Financial
Back to profitnet €1.60M
Net result €1.60M after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 35 days late
2016
20-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Ukkel · 1 establishment unit since 1991
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.
Juliettelaan 141180 UkkelGround area
1,936 m²
Building footprint
427 m²
Volume, LiDAR
3,198 m³
Parcel 21612C0217/00P019, Brussels · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Juliettelaan 14, 1180 Ukkel
since 19912.052.998.763
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0217/00P019 | Brussels | 1,936 m² | 1 · 427 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteUkkel2.052.998.763
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 7,367 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-04-1991
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.