ALGAMA INDUSTRY

Active

Private limited companyfounded 20233 yrs activeRue des Nouvelles Technologies 2, 4460 Grâce-Hollogne, BelgiumKBO/BCE: BE 0797.800.254

Summary

ALGAMA INDUSTRY has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€722,347) and a net result of -€179,789. Equity is shrinking by ~44.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 563 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Risk analysisWatch Report Compare

ALGAMA INDUSTRYActiveChecked score 53/100

Risk analysis Report Compare

Activity

Other research and development on natural sciences

NACE 72109NACE 72190

1 site

Size

€133,269total assets 2025

Staff: 0.6 FTE
Equity: -€722,347
Loss: -€179,789

Turnover not published (abridged schema)

Financial health

53 Fair Checked score 2025

Bankruptcy chance 12 m: 1.3%

Structure

Accounts filed 31 d late0 of 2 deeds read

Why 53Capped at 59: negative equity- Negative equity -€722,347- Loss of €179,789, the second in a row (FY 2025)+ Sector Scientific research and development (NACE 72)+ Founded in 2023Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 12% of its sector peers (NACE 72, micro)

Performance against the sector, not lower risk

Negative equity caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -542.0% of total assets

Liquidity 21-29

short-term debt 642.0% · cash 16.7%

Profitability 0=

return on assets -134.9%

Bankruptcy probability, 12 months

1.3% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (925 companies)

Last 3 months 08-2026: 1.3% 09-2026: 1.5%▲ +12.7% vs 08-2026highest value 10-2026: 1.3%▼ -12.0% vs 09-2026lowest value

Sector Scientific research and development (NACE 72) lowers the probability
Negative equity -€722,347 raises the probability
Loss of €179,789, the second in a row (FY 2025) raises the probability
Founded in 2023 lowers the probability for this profile

No credit on open account

Liquidity short (current ratio 0.03 against 0.21 in 2024; short-term debt: 642% and cash: 16.7% of total assets), and equity is negative.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 72, micro). Better than this share of them on solvency 6%, liquidity 10%, profitability 10%, growth against the median 21%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Sector Scientific research and development (NACE 72)

In the bankruptcy model this factor lowers the probability.

KBO

Negative equity -€722,347

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Loss of €179,789, the second in a row (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Founded in 2023

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

232425

2023 to 2025 · latest year -€722,347

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filings

Deviation from the deadline

2025

31 d late

2024

30 d late

2023

31 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 31 August (3 of the last 3 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

31-08-26 Annual accounts filedfiscal year 2025 · micro…
30-08-25 Annual accounts filedfiscal year 2024 · micro…
31-12-24 Weakest financial yearnet -€301,653

Key points

Risk: Negative equityfiscal year 2025: debts exceed assets -€722,347 View
Risk: 3 loss-making years in a rowloss fiscal year 2025 -€179,789 View
Caution: Among the weakest 5% on solvencysector median 61.4% · 563 companies -542.0% View
Caution: Equity fell in 2025from -€542,558 to -€722,347 ▼ 33.1% View