ALGEMENE ENGINEERING SERVICES
Dissolution or liquidationThe KBO register currently lists the legal status of ALGEMENE ENGINEERING SERVICES as dissolution or liquidation, with no start date. Dissolved on 11-09-2026, in liquidation; liquidator: MOONS Ludo, formerly sole director.
Summary
The 2025 annual accounts show equity of €172,117 and a net result of -€28,218.
Financials · financial year 2025, micro format
Equity
€172,117▼ 68.2%
2023 · €540,805
Total assets
€229,450▼ 62.0%
2023 · €603,846
Net result
-€28,218▼ 43.8%
2023 · -€19,624
Working capital
€63,129▼ 83.2%
2023 · €376,787
Trend over the years
2020 to 2025, 5 financial years 2019 to 2025, 6 financial years
The operating result is -€28,575 in 2025, compared with -€20,332 in 2023. Comparable figures for the intervening years are unavailable.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€28,575
2025
Net result-€28,218
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€229,450
2025
Equity€172,117
2025
Debt€57,334
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€63,129
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232025
Operating result€28,500-€1,757▼ 93.8%€187,185▲ 10,553%-€16,883-€20,332▼ 20.4%-€28,575-
Net result€16,978-€817▼ 95.2%€127,741▲ 15,531%-€16,237-€19,624▼ 20.9%-€28,218-
Equity€511,149-€511,967▲ 0.2%€639,707▲ 25.0%€623,470▼ 2.5%€540,805▼ 13.3%€172,117-
Total assets€529,106-€512,032▼ 3.2%€649,914▲ 26.9%€623,470▼ 4.1%€603,846▼ 3.1%€229,450-
Debt€17,957-€65▼ 99.6%€10,206▲ 15,590%€63,041€57,334-
Working capital€206,047-€228,499▲ 10.9%€449,371▲ 96.7%€376,787€63,129-
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €229,450
Fixed assets
€108,988 ▼ 33.6%
Current assets
€120,463 ▼ 72.6%
Equity and liabilities €229,450
Equity
€172,117 ▼ 68.2%
Debt
€57,334 ▼ 9.1%
Debt's share of the balance-sheet total rises from 10.4% to 25.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€17,110▼
2023 · -€7,699
Cash flow
-€16,753▼
2023 · -€6,992
Current ratio
2.10▼
2023 · 6.98
Debt to equity
0.33▲
2023 · 0.12
ROE
-16.4%▼
2023 · -3.6%
ROA
-12.3%▼
2023 · -3.2%
Interest coverage
-427.75▼
2023 · -96.54
Debt ≤ 1 year
€57,334▼
2023 · €63,041
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €213,638 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,632 | €21,635 | €13,685 | €13,685 | €12,633 | €11,465 | - |
| Other operating charges640/8 | - | - | €2,132 | €1,251 | €2,600 | €2,249 | - |
| Non-recurring operating charges66A | - | - | - | - | - | €8,875 | - |
| Gross operating margin9900 | €58,249 | €29,455 | €203,002 | -€1,947 | -€5,100 | -€5,986 | - |
| Operating profit (loss)9901 | €28,500 | €1,757 | €187,185 | -€16,883 | -€20,332 | -€28,575 | - |
| Financial income75/76B | - | - | €833 | €728 | €787 | €397 | - |
| Recurring financial income75 | €579 | €665 | €833 | €728 | €787 | €397 | - |
| Financial charges65/66B | - | - | €71 | €83 | €80 | €40 | - |
| Recurring financial charges65 | €1,485 | €362 | €71 | €83 | €80 | €40 | - |
| Profit (loss) for the period before taxes9903 | €27,418 | €2,061 | €187,947 | -€16,237 | -€19,624 | -€28,218 | - |
| Income taxes67/77 | €10,440 | €1,244 | €60,206 | - | - | - | - |
| Profit (loss) for the period9904 | €16,978 | €817 | €127,741 | -€16,237 | -€19,624 | -€28,218 | - |
| Profit (loss) for the period to be appropriated9905 | €16,978 | €817 | €127,741 | -€16,237 | -€19,624 | -€28,218 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €529,106 | €512,032 | €649,914 | €623,470 | €603,846 | €229,450 | - |
| Fixed assets21/28 | €305,103 | €283,467 | €190,336 | €176,651 | €164,019 | €108,988 | - |
| Tangible fixed assets22/27 | €305,103 | €283,467 | €190,336 | €176,651 | €164,019 | €108,988 | - |
| Land and buildings22 | - | - | €154,849 | €143,384 | €131,919 | €108,988 | - |
| Plant, machinery and equipment23 | - | - | €3,737 | €1,517 | €350 | - | - |
| Other tangible fixed assets26 | - | - | €31,750 | €31,750 | €31,750 | - | - |
| Current assets29/58 | €224,003 | €228,564 | €459,578 | €446,819 | €439,827 | €120,463 | - |
| Amounts receivable within one year40/41 | €28,605 | €34,424 | €14,799 | €19,633 | €23,456 | €119 | - |
| Other amounts receivable41 | - | - | €14,799 | €19,633 | €23,456 | €119 | - |
| Current investments50/53 | €195,398 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €194,140 | €444,779 | €427,186 | €416,372 | €120,344 | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €529,106 | €512,032 | €649,914 | €623,470 | €603,846 | €229,450 | - |
| Equity10/15 | €511,149 | €511,967 | €639,707 | €623,470 | €540,805 | €172,117 | - |
| Contributions10/11 | €316,697 | €316,697 | €316,697 | €316,697 | €316,697 | €54,519 | - |
| Reserves13 | €194,452 | €195,269 | €323,010 | €306,773 | €243,732 | €167,818 | - |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | - | - |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | €1,859 | - | - |
| Distributable reserves133 | - | - | €321,151 | €304,914 | €241,873 | €167,818 | - |
| Profit (loss) carried forward14 | - | - | - | - | -€19,624 | -€50,220 | - |
| Amounts payable17/49 | €17,957 | €65 | €10,206 | - | €63,041 | €57,334 | - |
| Amounts payable within one year42/48 | €17,957 | €65 | €10,206 | - | €63,041 | €57,334 | - |
| Trade debts44 | €379 | €65 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €10,206 | - | - | - | - |
| Taxes450/3 | - | - | €10,206 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €63,041 | €57,334 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,978 | €817 | €127,741 | -€16,237 | -€19,624 | -€28,218 | - |
| + Depreciation and write-downs630 | €21,632 | €21,635 | €13,685 | €13,685 | €12,633 | €11,465 | - |
| Operating cash flow (approximation) | €38,610 | €22,452 | €141,426 | -€2,552 | -€6,992 | -€16,753 | - |
| Investment in fixed assets (approximation) | - | €0 | €79,447 | €0 | €0 | - | - |
| Change in cash | - | - | €250,639 | -€17,593 | -€10,814 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 30-04-2026 | 2026-00098982 |
| 30-09-2023 | micro format | 29-04-2024 | 2024-00075158 |
| 30-09-2022 | micro format | 30-04-2023 | 2023-00073933 |
| 30-09-2021 | micro format | 28-04-2022 | 2022-20016608 |
| 30-09-2020 | micro format | 30-04-2021 | 2021-12000459 |
| 30-09-2019 | micro format | 29-04-2020 | 2020-10400007 |
| 30-09-2018 | micro format | 26-04-2019 | 2019-10800546 |
| 30-09-2017 | micro format | 13-03-2018 | 2018-06800384 |
| 30-09-2016 | abbreviated format | 21-03-2017 | 2017-07000577 |
| 30-09-2015 | abbreviated format | 31-03-2016 | 2016-09200322 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.