Skip to content

Algebra IT Solutions

Active
Private limited companyfounded 20188 years activeLouizalaan 209A, 1050 Elsene, BelgiumKBO/BCE: BE 0687.550.945
Summary

The annual accounts of Algebra IT Solutions for fiscal year 2025 show a net loss of 312% of total assets and of 83% of the equity at the start of that year. The 2025 annual accounts show equity of €8,025 and a net result of -€38,264. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 56% of 20,907 sector peers (NACE 62, fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200
1 site
Size
€12,280total assets 2025
Equity
€8,025
Loss
-€38,264
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy probability, 12 months
< 0.1%
Structure
Accounts 13 days early0 of 3 deeds read
Why 54Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Loss of €38,264, the second in a row (FY 2025)+ Sector Computer programming, consultancy and related activities (NACE 62)+ Size: total assets €12,280+ Liquidity: current ratio 2.89, cash €10,811, halvedShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 35% of its sector peers (NACE 62, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 90+5
equity 65.3% of total assets
Liquidity 85+4
short-term debt 34.7% · cash 88.0%
Profitability 0=
return on assets -311.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,832 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.89 against 2.49 in 2024; short-term debt: 34.7% and cash: 88% of total assets), and 34.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 58% on solvency, 69% on liquidity, 5% on profitability and 8% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Sector Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €12,280
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.89, cash €10,811, halved
NBB · annual accounts
raises risk · Loss of €38,264, the second in a row (FY 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€38,264
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
13 days early
2024
1 day early
2023
40 days early
2022
10 days early
2021
2 days early
2020
1 day early
2019
11 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 20 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close07-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€38,264
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Among the weakest 5% on net resultsector median €28,719 · 20,914 companies -€38,264 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€38,264 View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2025
Total assets
€12,280
Loss
-€38,264
Solvency
65.3%
Total assets▼ 84.1%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2020
Next accounts
by 30-04-2027
  1. 21-03-2024Annual accounts filed
  2. 30-09-2023Liquidity doubles
  3. 30-09-2023Equity above €150,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
05-01-2018
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.