Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
ALBO from Blankenberge, company number BE0454335429, closed financial year 2025 with a result of € -4,893 after tax. For that financial year ALBO recorded a gross margin of € 47,856 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -9,215 to € -4,893. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 1.2 million
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,893
▲ 47 % less loss than in 2024
Profit after tax over the fiscal year.
€ 230,953
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
0
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 412
▼ 89% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 48,016
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 86,189
▼ 32% vs 2024
€ 30,329 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 46,212
▲ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,064
▼ 88% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -11,360 | € 99,877 | € 50,080 | € 47,856 | ▼ 4% |
| Profit after taxes | € -51,707 | € 50,402 | € -9,215 | € -4,893 | ▲ € 4,322 |
| Equity | € 1,371,842 | € 1,422,244 | € 1,303,029 | € 1,162,137 | ▼ 11% |
| Total debts | € 197,141 | € 175,285 | € 158,434 | € 133,982 | ▼ 15% |
| Cash | € 530,286 | € 295,018 | € 312,021 | € 230,953 | ▼ 26% |
| Land & buildings | € 224,247 | € 210,899 | € 206,348 | € 192,030 | ▼ 7% |
| Retained profit | € 1,371,842 | € 1,422,244 | € 1,303,029 | € 1,162,137 | ▼ 11% |
| Dividend | € 0 | € 0 | € 110,000 | € 136,000 | ▲ 24% |
| Bank debt | € 143,069 | € 122,227 | € 125,867 | € 86,189 | ▼ 32% |
| Balance sheet total | € 1,568,982 | € 1,597,529 | € 1,461,464 | € 1,296,118 | ▼ 11% |
| Employees (FTE) | 0 | 0 | 0.2 | 0 | ▼ 0.2 |
Key figures of ALBO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ALBO?
What happened at ALBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,893. Source: NBB ↗
- New establishment in Blankenberge. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,707 loss in 2022 to € 4,893 loss in 2025.
Paid € 8,195 in corporate taxes since 2022.
Best year ever: 2023, with € 50,402 profit.
Paid out € 246,000 in dividends to the owners in total.
Management
Behind ALBO are Frank Missinne, Kelly Vandekerckhove and Jan Missinne.
Directors
According to the 2025 annual accounts
Frank Missinne
Director
Kelly Vandekerckhove
Director
Jan Missinne
Director
Establishments
Establishment units
Physical locations of this company
Hanzestraat 14
8370 Blankenberge
Hanzestraat 24
8370 Blankenberge
Active since 15 February 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0454.335.429
- VAT number
- BE 0454.335.429
- Registered office
- Hanzestraat 14, 8370 Blankenberge
- Names & denominations
- ALBO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 1995
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- alboverkoop.be [email protected] 050680212
- Activities · NACE
Groothandel in hijs-, hef- en transportwerktuigen
Grondverzet
Bouwrijp maken van terreinen