Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ALBRA ESTATES from Ingelmunster, company number BE0808546765, closed financial year 2024 with a result of € -2,156 after tax. For that financial year ALBRA ESTATES recorded a gross margin of € 29,560 and equity of € -27,991. Compared with financial year 2023, the result moved from € -4,362 to € -2,156. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2025.
€ -27,991
▼ € 2,156 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,156
▲ 51 % less loss than in 2023
Profit after tax over the fiscal year.
€ 23,756
▼ 50% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -46,591.
Debts at end 2024
€ 500,000
Loans from banks and other lenders, long and short.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 10,286 | € 25,393 | € 27,202 | € 29,560 | ▲ 9% |
| Profit after taxes | € -17,272 | € -4,882 | € -4,362 | € -2,156 | ▲ € 2,206 |
| Equity | € -16,592 | € -21,473 | € -25,835 | € -27,991 | ▼ € 2,156 |
| Total debts | € 662,000 | € 667,000 | € 672,000 | € 677,000 | ▲ 1% |
| Cash | € 2,882 | € 23,212 | € 47,988 | € 23,756 | ▼ 50% |
| Land & buildings | € 633,912 | € 612,365 | € 590,819 | € 569,272 | ▼ 4% |
| Retained profit | € -35,192 | € -40,073 | € -44,435 | € -46,591 | ▼ € 2,156 |
| Bank debt | € 300,000 | € 500,000 | € 500,000 | € 500,000 | |
| Balance sheet total | € 645,408 | € 645,527 | € 646,165 | € 649,009 |
Key figures of ALBRA ESTATES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ALBRA ESTATES?
What happened at ALBRA ESTATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Luc Vanneste stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 2,156. Source: NBB ↗
- Luc Vanneste became a director. NBB
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,272 loss in 2021 to € 2,156 loss in 2024.
Management
The stake of NESTEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALBRA ESTATESThe shares are held by NESTEN (99.5%).
Directors
According to the 2024 annual accounts
Luc Vanneste
Manager
Also active at: Building 4, Terra 4, MC.ETAF, NESTEN, TERRA NOVA INVEST, DOMUS NOVA INVEST
since 2024 · until 2030
Shareholders
99.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bruggestraat 186
8770 Ingelmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0808.546.765
- VAT number
- BE 0808.546.765
- Registered office
- Bruggestraat 186, 8770 Ingelmunster
- Names & denominations
- ALBRA ESTATES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2008
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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