Albert Immo
ActiveSummary
The computed 12-month bankruptcy probability of Albert Immo is 4.3% (elevated). The 2024 annual accounts show equity of €3.87M and a net result of €-4k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability37▼-3
Solvency86▼-14
Growth32
Track record94
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days only on tighter terms
Liquidity ample (current ratio 2.57 against 5.74 in 2023; short-term debt: 39% and cash: 0.9% of total assets), and 39% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
61%
Return on assets
-0.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€3.87M▼ 0.1%
2023 · €3.88M
2023: €3.88M
2024: €3.87M▼ -0.1% vs 2023
2023 → 2024
Total assets
€6.35M▲ 35.1%
2023 · €4.70M
2023: €4.70M
2024: €6.35M▲ +35.1% vs 2023
2023 → 2024
Net result
€-4k
2023 · €44k
2023: €44k
2024: €-4k▼ -110% vs 2023
2023 → 2024
Working capital
€3.87M▼ 0.1%
2023 · €3.88M
2023: €3.88M
2024: €3.87M▼ -0.1% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€3.88M-€3.87M▼ 0.1%
2023: €3.88M
2024: €3.87M▼ -0.1% vs 2023
Operating result€89k-€-39
2023: €89k
2024: €-39▼ -100% vs 2023
Net result€44k-€-4k
2023: €44k
2024: €-4k▼ -110% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €39 after €89k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €6.35M
Equity
€3.87M ▼ 0.1%
Debt
€2.47M ▲ 202%
Debt's share of the balance-sheet total rises from 17.5% to 39.0%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
2.57▼
2023 · 5.74
Quick ratio
2.14▼
2023 · 3.52
Debt to equity
0.64▲
2023 · 0.21
ROE
-0.1%▼
2023 · 1.1%
ROA
-0.1%▼
2023 · 0.9%
Debt ≤ 1 year
€2.47M▲
2023 · €819k
Income taxes
€0▼
2023 · €16k
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 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4.70M€6.35M▲
Current assets29/58€4.70M€6.35M▲
Stocks and contracts in progress3€1.81M€1.06M▼
Contracts in progress37€1.81M€1.06M▼
Amounts receivable within one year40/41€2.39M€5.22M▲
Trade receivables40€197k€99k▼
Other amounts receivable41€2.20M€5.12M▲
Cash at bank and in hand54/58€477k€59k▼
Deferred charges and accrued income490/1€14k€4k▼
Equity and liabilities
Total equity and liabilities10/49€4.70M€6.35M▲
Equity10/15€3.88M€3.87M▼
Contributions10/11€3.83M€3.83M=
Capital10€3.83M€3.83M=
Issued capital100€3.83M€3.83M=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€41k€37k▼
Amounts payable17/49€820k€2.47M▲
Amounts payable within one year42/48€819k€2.47M▲
Trade debts44€700k€1.23M▲
Suppliers440/4€700k€1.23M▲
Advances received on contracts in progress46€103k€1.24M▲
Taxes, remuneration and social security45€16k€0▼
Taxes450/3€16k€0▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20232024
Other operating charges640/8€732€387▼
Gross operating margin9900€90k€348▼
Operating profit (loss)9901€89k€-39▼
Financial charges65/66B€30k€4k▼
Recurring financial charges65€30k€4k▼
Profit (loss) for the period before taxes9903€59k€-4k▼
Income taxes67/77€16k€0▼
Profit (loss) for the period9904€44k€-4k▼
Profit (loss) for the period to be appropriated9905€44k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€37k▼
Profit (loss) brought forward from the previous period14P-€41k
Transfer to equity691/2€2k€0▼
To the legal reserve6920€2k€0▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Other operating charges640/8 | €732 | €387 | ▼ 47.1% |
| Gross operating margin9900 | €90k | €348 | ▼ 99.6% |
| Operating profit (loss)9901 | €89k | €-39 | ▼ 100% |
| Financial charges65/66B | €30k | €4k | ▼ 86.3% |
| Recurring financial charges65 | €30k | €4k | ▼ 86.3% |
| Profit (loss) for the period before taxes9903 | €59k | €-4k | ▼ 107% |
| Income taxes67/77 | €16k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €44k | €-4k | ▼ 110% |
| Profit (loss) for the period to be appropriated9905 | €44k | €-4k | ▼ 110% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €4.70M | €6.35M | ▲ 35.1% |
| Current assets29/58 | €4.70M | €6.35M | ▲ 35.1% |
| Stocks and contracts in progress3 | €1.81M | €1.06M | ▼ 41.5% |
| Contracts in progress37 | €1.81M | €1.06M | ▼ 41.5% |
| Amounts receivable within one year40/41 | €2.39M | €5.22M | ▲ 118% |
| Trade receivables40 | €197k | €99k | ▼ 49.5% |
| Other amounts receivable41 | €2.20M | €5.12M | ▲ 133% |
| Cash at bank and in hand54/58 | €477k | €59k | ▼ 87.5% |
| Deferred charges and accrued income490/1 | €14k | €4k | ▼ 72.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €4.70M | €6.35M | ▲ 35.1% |
| Equity10/15 | €3.88M | €3.87M | ▼ 0.1% |
| Contributions10/11 | €3.83M | €3.83M | = |
| Capital10 | €3.83M | €3.83M | = |
| Issued capital100 | €3.83M | €3.83M | = |
| Reserves13 | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | = |
| Profit (loss) carried forward14 | €41k | €37k | ▼ 10.1% |
| Amounts payable17/49 | €820k | €2.47M | ▲ 202% |
| Amounts payable within one year42/48 | €819k | €2.47M | ▲ 202% |
| Trade debts44 | €700k | €1.23M | ▲ 76.3% |
| Suppliers440/4 | €700k | €1.23M | ▲ 76.3% |
| Advances received on contracts in progress46 | €103k | €1.24M | ▲ 1,099% |
| Taxes, remuneration and social security45 | €16k | €0 | ▼ 100% |
| Taxes450/3 | €16k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €1k | €0 | ▼ 100% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €44k | €-4k | ▼ 110% |
| Operating cash flow (approximation) | €44k | €-4k | ▼ 110% |
| Change in cash | - | €-417k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel
Ground area
594 m²
Building footprint
592 m²
Volume, LiDAR
12,540 m³
Parcel 21805E0497/00C000, Brussels · tallest building 28.3 m, ±8 floors. Linked by address, not a title deed.
51
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0497/00C000 | Brussels | 594 m² | 1 · 592 m² | 28.3 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded05-04-2022
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.