ALGA
ActiveSummary
ALGA has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €6k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 13417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability57▲+22
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 15.23 against 8.89 in 2024; short-term debt: 6.5% and cash: 78% of total assets), and 6.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
93.5%
Return on assets
6.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
6 d early
2023
33 d early
2022
4 d early
2021
22 d late
2020
19 d late
2018
119 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€123k
EBIT margin
-15.2%
Net result
€6k▲ 2,839%
2024 · €201
2018: €-19klowest value
2020: €13k
2021: €20k▲ +47.7% vs 2020highest value
2022: €7k▼ -63.4% vs 2021
2023: €-6k▼ -179% vs 2022
2024: €201▲ +104% vs 2023
2025: €6k▲ +2839% vs 2024
2018 → 2025
Working capital
€79k▲ 8.7%
2024 · €73k
2018: €45klowest value
2020: €47k
2021: €68k▲ +43.5% vs 2020
2022: €75k▲ +10.3% vs 2021
2023: €71k▼ -4.8% vs 2022
2024: €73k▲ +2.7% vs 2023
2025: €79k▲ +8.7% vs 2024highest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€79k▲ 10.1%€73k▼ 7.2%€74k▲ 0.3%€80k▲ 8.0%
2021: €72klowest in 5 years
2022: €79k▲ +10.1% vs 2021
2023: €73k▼ -7.2% vs 2022
2024: €74k▲ +0.3% vs 2023
2025: €80k▲ +8.0% vs 2024highest in 5 years
Operating result€21k-€14k▼ 36.8%€-5k€3k€8k▲ 170%
2021: €21khighest in 5 years
2022: €14k▼ -36.8% vs 2021
2023: €-5k▼ -138% vs 2022lowest in 5 years
2024: €3k▲ +157% vs 2023
2025: €8k▲ +170% vs 2024
Net result€20k-€7k▼ 63.4%€-6k€201€6k▲ 2,839%
2021: €20khighest in 5 years
2022: €7k▼ -63.4% vs 2021
2023: €-6k▼ -179% vs 2022lowest in 5 years
2024: €201▲ +104% vs 2023
2025: €6k▲ +2839% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 170% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€339 ▼ 55.1%
Current assets
€85k ▲ 3.2%
Equity and liabilities €85k
Equity
€80k ▲ 8.0%
Debt
€6k ▼ 39.8%
Debt's share of the balance-sheet total falls from 11.2% to 6.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8k▲
2024 · €5k
Cash flow
€6k▲
2024 · €2k
Current ratio
15.23▲
2024 · 8.89
Quick ratio
14.64▲
2024 · 8.52
Debt to equity
0.07▼
2024 · 0.13
ROE
7.4%▲
2024 · 0.3%
ROA
6.9%▲
2024 · 0.2%
Interest coverage
3.60▲
2024 · 1.90
Debt ≤ 1 year
€6k▼
2024 · €9k
Income taxes
€-300▼
2024 · €300
Staff costs
€49k▲
2024 · €48k
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 · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€83k€85k▲
Fixed assets21/28€755€339▼
Tangible fixed assets22/27€516€100▼
Plant, machinery and equipment23€516€100▼
Furniture and vehicles24€0-
Other tangible fixed assets26€0-
Financial fixed assets28€239€239=
Current assets29/58€82k€85k▲
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€3k€3k▼
Other amounts receivable41€3k€3k▼
Current investments50/53€13k€13k=
Cash at bank and in hand54/58€60k€66k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€83k€85k▲
Equity10/15€74k€80k▲
Contributions10/11€27k€27k=
Reserves13€35k€35k=
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€12k€17k▲
Amounts payable17/49€9k€6k▼
Amounts payable within one year42/48€9k€6k▼
Trade debts44€6k€1k▼
Suppliers440/4€6k€1k▼
Taxes, remuneration and social security45€3k€3k▲
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48-€976
Income statement
Code20242025
Remuneration, social security and pensions62€48k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€416▼
Other operating charges640/8€919€706▼
Gross operating margin9900€53k€58k▲
Operating profit (loss)9901€3k€8k▲
Financial income75/76B€30-
Recurring financial income75€30-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€501€6k▲
Income taxes67/77€300€-300▼
Profit (loss) for the period9904€201€6k▲
Profit (loss) for the period to be appropriated9905€201€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€17k▲
Profit (loss) brought forward from the previous period14P€11k€12k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €50k | €43k | €43k | €48k | €49k | ▲ 3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €2k | €416 | ▼ 76.2% |
| Other operating charges640/8 | €870 | €331 | €915 | €919 | €706 | ▼ 23.2% |
| Gross operating margin9900 | €74k | €59k | €41k | €53k | €58k | ▲ 9.2% |
| Operating profit (loss)9901 | €21k | €14k | €-5k | €3k | €8k | ▲ 170% |
| Financial income75/76B | €23 | €94 | €1 | €30 | - | - |
| Recurring financial income75 | €23 | €94 | €1 | €30 | - | - |
| Financial charges65/66B | €2k | €3k | €2k | €2k | €2k | ▼ 5.9% |
| Recurring financial charges65 | €2k | €3k | €2k | €2k | €2k | ▼ 5.9% |
| Profit (loss) for the period before taxes9903 | €19k | €11k | €-7k | €501 | €6k | ▲ 1,018% |
| Income taxes67/77 | €-660 | €4k | €-2k | €300 | €-300 | ▼ 200% |
| Profit (loss) for the period9904 | €20k | €7k | €-6k | €201 | €6k | ▲ 2,839% |
| Profit (loss) for the period to be appropriated9905 | €20k | €7k | €-6k | €201 | €6k | ▲ 2,839% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80k | €89k | €83k | €83k | €85k | ▲ 2.7% |
| Fixed assets21/28 | €4k | €5k | €3k | €755 | €339 | ▼ 55.1% |
| Tangible fixed assets22/27 | €4k | €4k | €2k | €516 | €100 | ▼ 80.5% |
| Plant, machinery and equipment23 | €4k | €4k | €2k | €516 | €100 | ▼ 80.5% |
| Furniture and vehicles24 | - | €0 | €0 | €0 | - | - |
| Other tangible fixed assets26 | - | €0 | €0 | €0 | - | - |
| Financial fixed assets28 | €239 | €239 | €239 | €239 | €239 | = |
| Current assets29/58 | €75k | €84k | €80k | €82k | €85k | ▲ 3.2% |
| Stocks and contracts in progress3 | €2k | €3k | €4k | €3k | €3k | ▼ 3.4% |
| Stocks30/36 | €2k | €3k | €4k | €3k | €3k | ▼ 3.4% |
| Amounts receivable within one year40/41 | €1k | €510 | €6k | €3k | €3k | ▼ 15.7% |
| Other amounts receivable41 | €1k | €510 | €6k | €3k | €3k | ▼ 15.7% |
| Current investments50/53 | €13k | €13k | €13k | €13k | €13k | = |
| Cash at bank and in hand54/58 | €57k | €68k | €59k | €60k | €66k | ▲ 10.2% |
| Deferred charges and accrued income490/1 | €3k | - | - | €3k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80k | €89k | €83k | €83k | €85k | ▲ 2.7% |
| Equity10/15 | €72k | €79k | €73k | €74k | €80k | ▲ 8.0% |
| Contributions10/11 | €24k | €24k | €24k | €27k | €27k | = |
| Capital10 | €24k | €24k | €24k | - | - | - |
| Issued capital100 | €24k | €24k | €24k | - | - | - |
| Reserves13 | €31k | €38k | €38k | €35k | €35k | = |
| Non-distributable reserves130/1 | €4k | €4k | €4k | - | - | - |
| Legal reserve130 | €4k | €4k | €4k | - | - | - |
| Distributable reserves133 | €28k | €35k | €35k | €35k | €35k | = |
| Profit (loss) carried forward14 | €17k | €17k | €11k | €12k | €17k | ▲ 50.8% |
| Amounts payable17/49 | €8k | €10k | €9k | €9k | €6k | ▼ 39.8% |
| Amounts payable within one year42/48 | €8k | €10k | €9k | €9k | €6k | ▼ 39.8% |
| Trade debts44 | €4k | €1k | €5k | €6k | €1k | ▼ 81.4% |
| Suppliers440/4 | €4k | €1k | €5k | €6k | €1k | ▼ 81.4% |
| Taxes, remuneration and social security45 | €4k | €7k | €3k | €3k | €3k | ▲ 18.6% |
| Taxes450/3 | - | €4k | - | - | - | - |
| Remuneration and social security454/9 | €4k | €3k | €3k | €3k | €3k | ▲ 18.6% |
| Other amounts payable47/48 | €183 | €1k | €2k | - | €976 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €7k | €-6k | €201 | €6k | ▲ 2,839% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €2k | €416 | ▼ 76.2% |
| Operating cash flow (approximation) | €21k | €9k | €-4k | €2k | €6k | ▲ 224% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €0 | €0 | - |
| Change in cash | - | €12k | €-10k | €2k | €6k | ▲ 298% |
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
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €201
Net result €201 after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Highest result since 2018net €20k ▲47.7%
Operating result €21k, net result €20k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 15.27
Current ratio from 6.91 to 15.27; short-term debt falls from €8k to €3k.
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 119 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 61 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Liège · 1 establishment unit since 1982
Ground area
92 m²
Building footprint
84 m²
Volume, LiDAR
532 m³
Parcel 62818E0780/00G000, Wallonia · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SNACK DES HAUTEURS
since 19822.020.014.706
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62818E0780/00G000 | Wallonia | 92 m² | 1 · 84 m² | 10.1 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.020.014.706
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 8,050 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-02-1982
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
10520Manufacture of food products
Scores and ratios are computed by Checked and are not a credit decision.