ALGIM
InactiveFinancials · financial year 2024, abbreviated format
Annual accounts 2024 filed on 30-06-2025 PDF all 13 filings
Turnover
≈ €220,000
Estimated: probably between €140,000 and €420,000
Total assets
€2.4m▼ 1.0%
2023 · €2.4m
Net result
€49,208▼ 91.2%
2023 · €561,502
Working capital
€2.4m▲ 16.7%
2023 · €2.0m
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result for 2024 is 91% lower than in 2023.
Operating result€0.05m
2024
Net result€0.05m
2024
Total assets€2.4m
2024
Equity€2.4m
2024
Debt€0.003m
2024
Working capital€2.4m
2024
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result-€0.06m--€0.08m▼ 25.0%-€0.08m▼ 6.9%-€0.06m▲ 22.7%-€0.04m▲ 37.1%€0.6m€0.05m▼ 91.4%
Net result-€0.06m--€0.07m▼ 32.7%-€0.08m▼ 8.2%-€0.05m▲ 36.1%-€0.04m▲ 27.4%€0.6m€0.05m▼ 91.2%
Equity€2.0m-€1.9m▼ 3.7%€1.8m▼ 4.2%€1.8m▼ 2.8%€1.8m▼ 2.1%€2.3m▲ 32.0%€2.4m▲ 2.1%
Total assets€2.0m-€1.9m▼ 4.1%€1.9m▼ 4.0%€1.8m▼ 3.0%€1.8m▼ 2.0%€2.4m▲ 36.0%€2.4m▼ 1.0%
Debt€0.01m-€0.004m▼ 66.2%€0.007m▲ 71.0%€0.003m▼ 58.6%€0.005m▲ 57.6%€0.08m▲ 16×€0.003m▼ 96.3%
Working capital€0.6m-€0.6m▲ 4.5%€0.7m▲ 5.1%€0.7m▲ 9.3%€0.8m▲ 8.2%€2.0m▲ 161%€2.4m▲ 16.7%
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €2.4m
Equity
€2.4m ▲ 2.1%
Debt
€2,869 ▼ 96.3%
Debt's share of the balance-sheet total falls from 3.2% to 0.1%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.00▼
2023 · 0.03
ROE
2.1%▼
2023 · 24.2%
ROA
2.1%▼
2023 · 23.5%
Debt ≤ 1 year
€2,869▼
2023 · €76,705
Income taxes
€22,406▼
2023 · €73,436
A ratio outside any meaningful range has been withheld (balance sheet total €2.4m, equity €2.4m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €711,158 | €89,913 | ▼ 87.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €112,350 | €112,910 | €112,910 | €112,910 | €96,110 | €34,197 | - | - |
| Other operating charges640/8 | - | - | - | €13,171 | €10,419 | €47,033 | €24,601 | ▼ 47.7% |
| Gross operating margin9900 | €79,829 | €59,533 | €42,382 | €63,728 | €67,333 | €715,629 | €79,013 | ▼ 89.0% |
| Operating profit (loss)9901 | -€60,334 | -€75,424 | -€80,624 | -€62,353 | -€39,196 | €634,398 | €54,412 | ▼ 91.4% |
| Financial income75/76B | - | - | - | €15,184 | €4,577 | €1,639 | €17,412 | ▲ 963% |
| Recurring financial income75 | €3,972 | €981 | €1,147 | €15,184 | €4,577 | €1,639 | €17,412 | ▲ 963% |
| Financial charges65/66B | - | - | - | €4,564 | €2,933 | €1,099 | €210 | ▼ 80.9% |
| Recurring financial charges65 | €40 | €387 | €1,467 | €4,564 | €2,933 | €1,099 | €210 | ▼ 80.9% |
| Profit (loss) for the period before taxes9903 | -€56,403 | -€74,830 | -€80,943 | -€51,732 | -€37,551 | €634,938 | €71,613 | ▼ 88.7% |
| Income taxes67/77 | - | - | - | - | - | €73,436 | €22,406 | ▼ 69.5% |
| Profit (loss) for the period9904 | -€56,403 | -€74,830 | -€80,943 | -€51,732 | -€37,551 | €561,502 | €49,208 | ▼ 91.2% |
| Profit (loss) for the period to be appropriated9905 | -€56,403 | -€74,830 | -€80,943 | -€51,732 | -€37,551 | €561,502 | €49,208 | ▼ 91.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.0m | €1.9m | €1.9m | €1.8m | €1.8m | €2.4m | €2.4m | ▼ 1.0% |
| Fixed assets21/28 | €1.4m | €1.3m | €1.2m | €1.1m | €1.0m | €0.3m | - | - |
| Tangible fixed assets22/27 | €1.4m | €1.3m | €1.2m | €1.1m | €1.0m | €0.3m | - | - |
| Land and buildings22 | - | - | - | €1.1m | €1.0m | €0.3m | - | - |
| Current assets29/58 | €0.6m | €0.6m | €0.7m | €0.7m | €0.8m | €2.1m | €2.4m | ▲ 12.6% |
| Amounts receivable within one year40/41 | €409 | €341 | €344 | €0.002m | €0.003m | €0.001m | - | - |
| Trade receivables40 | - | - | - | €0.001m | €0.002m | €0.001m | - | - |
| Other amounts receivable41 | - | - | - | €0.001m | €0.001m | €277 | - | - |
| Current investments50/53 | €0.2m | €0.2m | €0.08m | €0.06m | €0.06m | €0.06m | - | - |
| Cash at bank and in hand54/58 | €0.4m | €0.5m | €0.6m | €0.7m | €0.7m | €2.0m | €2.4m | ▲ 15.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.0m | €1.9m | €1.9m | €1.8m | €1.8m | €2.4m | €2.4m | ▼ 1.0% |
| Equity10/15 | €2.0m | €1.9m | €1.8m | €1.8m | €1.8m | €2.3m | €2.4m | ▲ 2.1% |
| Contributions10/11 | €2.2m | €2.2m | - | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Reserves13 | - | - | - | - | - | €0.1m | €0.2m | ▲ 38.9% |
| Distributable reserves133 | - | - | - | - | - | €0.1m | €0.2m | ▲ 38.9% |
| Profit (loss) carried forward14 | -€0.2m | -€0.3m | -€0.3m | -€0.4m | -€0.4m | - | - | - |
| Amounts payable17/49 | €0.01m | €0.004m | €0.007m | €0.003m | €0.005m | €0.08m | €0.003m | ▼ 96.3% |
| Amounts payable within one year42/48 | €0.01m | €0.004m | €0.007m | €0.003m | €0.005m | €0.08m | €0.003m | ▼ 96.3% |
| Trade debts44 | €0.01m | €0.001m | €0.004m | - | €0.002m | €0.001m | €0.001m | ▲ 33.7% |
| Suppliers440/4 | - | - | - | - | €0.002m | €0.001m | €0.001m | ▲ 33.7% |
| Taxes, remuneration and social security45 | - | - | - | - | - | €0.07m | €0.002m | ▼ 97.2% |
| Taxes450/3 | - | - | - | - | - | €0.07m | €0.002m | ▼ 97.2% |
| Other amounts payable47/48 | - | - | - | €0.003m | €0.003m | €0.003m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.06m | -€0.07m | -€0.08m | -€0.05m | -€0.04m | €0.6m | €0.05m | ▼ 91.2% |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.03m | - | - |
| Operating cash flow (approximation) | €0.06m | €0.04m | €0.03m | €0.06m | €0.06m | €0.6m | €0.05m | ▼ 91.7% |
| Investment in fixed assets (approximation) | - | -€0.01m | €0 | €0 | €0 | €0.7m | - | - |
| Change in cash | - | €0.02m | €0.1m | €0.07m | €0.06m | €1.3m | €0.3m | ▼ 75.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | abbreviated format | 30-06-2025 | 2025-00203695 | |
| 31-12-2023 | abbreviated format | 19-07-2024 | 2024-00261557 | |
| 31-12-2022 | abbreviated format | 31-08-2023 | 2023-00392325 | |
| 31-12-2021 | abbreviated format | 29-06-2022 | 2022-20105540 | |
| 31-12-2020 | abbreviated format | 25-06-2021 | 2021-24700434 | |
| 31-12-2019 | abbreviated format | 26-06-2020 | 2020-21900190 | |
| 31-12-2018 | abbreviated format | 01-07-2019 | 2019-25900264 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-59700401 | |
| 31-12-2016 | micro format | 25-07-2017 | 2017-35200277 | |
| 31-12-2015 | abbreviated format | 28-06-2016 | 2016-25200386 |