ALGAM BNL
ActiveALGAM BNL has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.05M and a net result of €31k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 4844 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-46
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 41.84 against 27.74 in 2024; short-term debt: 2.1% and cash: 2.8% of total assets), and 5% 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 · 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
95%
Return on assets
1.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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
18 d late
2024
121 d early
2023
1 d early
2022
17 d late
2021
19 d late
2020
27 d late
2019
75 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€33k▼ 99.8%
2023 · €18.61M
2019: €14.63M
2020: €22.74M
2021: €16.23M
2022: €16.52M
2023: €18.61M
2019 → 2024
EBIT margin
252.0%▲ 248.5pp
2023 · 3.5%
2019: 3.2%
2020: 4.5%
2021: 4.0%
2022: 7.5%
2023: 3.5%
2019 → 2024
Net result
€31k▼ 16.7%
2024 · €37k
2019: €271k
2020: €650k
2021: €621k
2022: €1.09M
2023: €311k
2024: €37k
2019 → 2025
Working capital
€1.82M▲ 1.4%
2024 · €1.79M
2019: €379k
2020: €874k
2021: €1.03M
2022: €1.40M
2023: €1.76M
2024: €1.79M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€16.23M-€16.52M▲ 1.8%€18.61M▲ 12.6%€33k▼ 99.8%
Equity€779k-€1.67M▲ 114%€1.98M▲ 18.6%€2.02M▲ 1.9%€2.05M▲ 1.5%
Operating result€643k-€1.24M▲ 93.1%€650k▼ 47.7%€83k▼ 87.2%€21k▼ 75.1%
Net result€621k-€1.09M▲ 75.6%€311k▼ 71.5%€37k▼ 88.2%€31k▼ 16.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 75% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.16M
Fixed assets
€294k▼ 5.0%
Current assets
€1.86M▲ 0.1%
Equity and liabilities €2.16M
Equity
€2.05M▲ 1.5%
Debt
€108k▼ 28.9%
The debt ratio falls from 7.0% to 5.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▼
2024 · €99k
Cash flow
€46k▼
2024 · €52k
Solvency
95.0%▲
2024 · 93.0%
Current ratio
41.84▲
2024 · 27.74
Quick ratio
41.84▲
2024 · 27.74
Debt / equity
0.05▼
2024 · 0.08
ROE
1.5%▼
2024 · 1.8%
ROA
1.4%▼
2024 · 1.7%
Interest coverage
1.76▼
2024 · 8.60
Debt
€108k▼
2024 · €151k
Debt ≤ 1 year
€44k▼
2024 · €67k
Debt > 1 year
€63k▼
2024 · €84k
Income taxes
€11k▼
2024 · €13k
Staff costs
€0▼
2024 · €93k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.17M€2.16M▼
Fixed assets21/28€310k€294k▼
Tangible fixed assets22/27€258k€243k▼
Land and buildings22€256k€242k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€51k€51k=
Companies linked by participating interests282/3€50k-
Participating interests282€50k-
Other financial fixed assets284/8€1k-
Amounts receivable and cash guarantees285/8€1k-
Current assets29/58€1.86M€1.86M▲
Amounts receivable after more than one year29€10k€43k▲
Other amounts receivable291€10k€43k▲
Amounts receivable within one year40/41€24k€29k▲
Trade receivables40€2k€6k▲
Other amounts receivable41€22k€23k▲
Current investments50/53€1.70M€1.72M▲
Other investments51/53€1.70M-
Cash at bank and in hand54/58€118k€61k▼
Deferred charges and accrued income490/1€10k€6k▼
Equity and liabilities
Total equity and liabilities10/49€2.17M€2.16M▼
Equity10/15€2.02M€2.05M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.96M€1.99M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€170k€170k=
Distributable reserves133€1.78M€1.81M▲
Amounts payable17/49€151k€108k▼
Amounts payable after more than one year17€84k€63k▼
Financial debts170/4€84k€63k▼
Credit institutions173€84k-
Amounts payable within one year42/48€67k€44k▼
Current portion of amounts payable after more than one year42€62k€36k▼
Trade debts44€1k€312▼
Suppliers440/4€1k€312▼
Advances received on contracts in progress46€2k€0▼
Taxes, remuneration and social security45€723€5k▲
Taxes450/3€331€5k▲
Remuneration and social security454/9€392€392=
Other amounts payable47/48€300€3k▲
Accrued charges and deferred income492/3€93€0▼
Income statement
Code20242025
Operating income70/76A€326k-
Turnover70€33k-
Other operating income74€222k-
Non-recurring operating income76A€71k-
Operating charges60/66A€243k-
Goods for resale, raw materials and consumables60€18k-
Purchases600/8€18k-
Services and other goods61€76k-
Remuneration, social security and pensions62€93k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Other operating charges640/8€31k€2k▼
Non-recurring operating charges66A€9k-
Gross operating margin9900-€39k
Operating profit (loss)9901€83k€21k▼
Financial income75/76B€19k€41k▲
Recurring financial income75€19k€41k▲
Income from current assets751€17k-
Other financial income752/9€2k-
Financial charges65/66B€53k€20k▼
Recurring financial charges65€53k€20k▼
Debt charges650€11k-
Other financial charges652/9€41k-
Profit (loss) for the period before taxes9903€50k€41k▼
Income taxes67/77€13k€11k▼
Taxes670/3€13k-
Profit (loss) for the period9904€37k€31k▼
Profit (loss) for the period to be appropriated9905€37k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€31k▼
Transfer to equity691/2€37k€31k▼
To other reserves6921€37k€31k▼
Social balance
Average headcount (FTE)908712.7-
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 18 days late
2025
31-12
Financial
Weakest financial yearnet €31k ▼16.7%
Net result drops to €31k, the lowest in the series.
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity times 15current ratio 27.74
Current ratio from 1.81 to 27.74; short-term debt falls from €2.17M to €67k.
31-12
Financial
Equity above €2MEq €2.02M ▲1.9%
6 profitable years in a row build equity to €2.02M.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 17 days late
2022
31-12
Financial
Highest result since 2019net €1.09M ▲75.6%
Operating result €1.24M, net result €1.09M, both a record.
31-12
Financial
Equity above €1MEq €1.67M ▲114%
4 profitable years in a row build equity to €1.67M.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Equity above €1MEq €1.23M ▲57.8%
2 profitable years in a row build equity to €1.23M.
16-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
09-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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, Antwerpen · 1 establishment unit since 1993
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.
Theophiel Roucourtstraat 302600 AntwerpenGround area
745 m²
Building footprint
642 m²
Volume, LiDAR
15,845 m³
2 parcels, Flanders · tallest building 33.3 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Ankerrui 20, 2000 Antwerpen
since 19932.060.199.133
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B0238/00M002 | Flanders | 516 m² | 1 · 516 m² | 33.3 m · 10 fl. |
| 11303B0363/00T000 | Flanders | 228 m² | 1 · 126 m² | 16.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 4 entries · 4,132 EUR awarded · 4,132 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,386 EUR | 2,386 EUR |
| 2023 | 2 | 256 EUR | 256 EUR |
| 2022 | 1 | 1,490 EUR | 1,490 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
8945001ICL68DP0HH092
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Of 1,170 companies in sector 46499 we hold annual accounts for 743. 417 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-11-1992
Fiscal year end31-12
Activities, NACEBEL
46499Wholesale of other household goods
51478
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.algambenelux.be
E-mail:info@algambenelux.be