Algeco Belgium
ActiveSummary
Algeco Belgium has been active since 1964 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43.8m and a net result of €5.1m. Equity has been growing by about 24% per year since 2018. Its solvency ranks better than 85% of 543 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 01-01-1964 Normal situation
- Activity
- Rental and leasing activities NACE 77394and 1 other
- Joint committees
- 124 Paritair Comité voor het bouwbedrijf
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment units
- 2.102.091.255 1360 Perwez, since 03-02-1993
- 2.172.962.128 3583 Beringen, since 30-07-2008
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- Dominique CambierManaging director
- Brucker AngeleDirector · since 26-07-2023
- James Stewart Christopher OdomDirector · since 27-02-2024
- Auditor
- EY Bedrijfsrevisoren BV
- Algeco SAS99%annual accounts 2025
- BCPV Modulair Services Holdings III Limitedconsolidatesannual accounts 2025
- Algeco GmbH1%annual accounts 2025
- Holdings
- Shares in 1 company Algeco Finance
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Turnover
- €30.0m
- ▼ 3.7%
- Profit
- €5.1m
- ▼ 19.9%
- Equity
- €43.8m
- ▲ 13.2%
- Total assets
- €51.5m
- ▲ 9.2%
- Employees on 31-12-2025
- 72
- ▼ 2.7%
Score breakdownraises riskLiquidity: current ratio 4.18, cash €765,3441 of the last 3 accounts latelowers riskFounded in 1964Size: turnover €30.0m, 72.1 FTE, total assets €51.5mShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 77, medium-sized). It does better than 94% of them on solvency, 62% on liquidity, 97% on profitability and 52% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignation: Michel Marc Darleux (director)
- · Gazette deed Appointment: Nilofar Aumaj (director)
- · Gazette deed Resignation: Michel Darleux (afgevaardigde bestuurder belast met het dagelijks bestuur)Appointment: Dominique Cambier (afgevaardigde bestuurder belast met het dagelijks bestuur)
Comparable companies
These companies have the same main activity as Algeco Belgium: rental and leasing activities (NACE 77394). They are comparable in size and age: total assets between €16m and €39m, founded between 1974 and 2002.
| Company | Total assets | Turnover |
|---|---|---|
| Algeco Belgium Beringen | €51.5m | €30.0m |
| WARSCO UNITS Genk | €39.1m | €26.9m |
| VDL De Meeuw Willebroek | €16.9m | €21.7m |
| REAL VERHUUR Sint-Gillis-Waas | €20.0m | €14.6m |
| LOCASIX Saint-Ghislain | €15.6m | - |
| VDL De Meeuw Verhuur België Willebroek | €32.8m | €19.7m |
| JAN SNEL BELGIUM Sint-Niklaas | €26.6m | €15.2m |
Key facts about Algeco Belgium
- What is the company number of Algeco Belgium?
- The company number of Algeco Belgium is 0403.419.634. The VAT number is the same number with BE in front: BE 0403.419.634.
- Where is Algeco Belgium based?
- The registered office is at Schoebroekstraat 34-36, 3583 Beringen.Company details
- What does Algeco Belgium do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77394).
- What is the legal form of Algeco Belgium?
- The legal form of Algeco Belgium is Public limited company (NV).
- When was Algeco Belgium founded?
- Algeco Belgium was founded on 01-01-1964.
- Is Algeco Belgium still active?
- Yes, Algeco Belgium is an active enterprise in the KBO register.
- How many employees does Algeco Belgium have?
- Algeco Belgium had an average of 72.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Algeco Belgium fall under?
- In its 2025 annual accounts, Algeco Belgium states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of Algeco Belgium?
- The turnover of Algeco Belgium was €30.0m in financial year 2025, according to the filed annual accounts.
- Is Algeco Belgium profitable?
- In financial year 2025, Algeco Belgium made a profit of €5.1m.
- Where can I find the annual accounts of Algeco Belgium?
- Algeco Belgium filed 51 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Algeco Belgium due?
- Algeco Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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