ALGIMO has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €211.5m and a net result of €27.5m. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 95% of 380 sector peers (NACE 96, financial year 2025). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.
QUATORZE JUILLETManaging director · permanent representative BOSTOEN Alain
Accounts 35 days early4 of 15 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 34 days before the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (5 of the last 5 filed years within 30 days of that day).
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€214.3m2025Equity€211.5m2025Debt€2.8m2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€55.5m2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-3.4%2025Return on assets (ROA)12.8%2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency98.7%2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio22.912025
Average staff in full-time equivalents (FTE).
Staff (FTE)8.32025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
Net result€4.5m-€35.9m▲ 689%€0.3mabove the sector's middle half▼ 99.2%€4.3mabove the sector's middle half▲ 1,328%€6.5mabove the sector's middle half▲ 50.0%€12.0mabove the sector's middle half▲ 84.0%€29.3mabove the sector's middle half▲ 145%€27.5mabove the sector's middle half▼ 6.4%
Equity€95.7m-€131.5m▲ 37.5%€131.8mabove the sector's middle half▲ 0.2%€136.2mabove the sector's middle half▲ 3.3%€142.7mabove the sector's middle half▲ 4.8%€154.7mabove the sector's middle half▲ 8.4%€184.0mabove the sector's middle half▲ 19.0%€211.5mabove the sector's middle half▲ 14.9%
Total assets€97.8m-€133.8m▲ 36.7%€134.1mabove the sector's middle half▲ 0.2%€138.1mabove the sector's middle half▲ 3.0%€145.5mabove the sector's middle half▲ 5.4%€157.4mabove the sector's middle half▲ 8.1%€186.3mabove the sector's middle half▲ 18.4%€214.3mabove the sector's middle half▲ 15.1%
Working capital€17.6m-€19.2m▲ 9.0%€21.3mabove the sector's middle half▲ 10.8%€25.6mabove the sector's middle half▲ 20.5%€32.2mabove the sector's middle half▲ 25.6%€44.2mabove the sector's middle half▲ 37.3%€48.2mabove the sector's middle half▲ 9.1%€55.5mabove the sector's middle half▲ 15.0%
Solvency97.8%-98.3%▲ 0.6pp98.3%above the sector's middle half=98.6%above the sector's middle half▲ 0.3pp98.1%above the sector's middle half▼ 0.6pp98.3%above the sector's middle half▲ 0.2pp98.8%above the sector's middle half▲ 0.5pp98.7%above the sector's middle half▼ 0.1pp
Current ratio9.53-10.07▲ 0.5410.95above the sector's middle half▲ 0.8915.45above the sector's middle half▲ 4.4913.17above the sector's middle half▼ 2.2818.77above the sector's middle half▲ 5.6125.14above the sector's middle half▲ 6.3722.91above the sector's middle half▼ 2.23
Return on assets (ROA)4.6%-26.8%▲ 22.2pp0.2%within the sector's middle half▼ 26.6pp3.1%within the sector's middle half▲ 2.9pp4.5%within the sector's middle half▲ 1.3pp7.6%within the sector's middle half▲ 3.1pp15.8%above the sector's middle half▲ 8.1pp12.8%above the sector's middle half▼ 2.9pp
Staff (FTE)8.4-9.3▲ 10.7%8.5within the sector's middle half▼ 8.6%8.6within the sector's middle half▲ 1.2%8.5within the sector's middle half▼ 1.2%8.6within the sector's middle half▲ 1.2%8.6within the sector's middle half=8.3within the sector's middle half▼ 3.5%
abovewithinbelowthe middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €214.3m
72.9%
27.1%
Fixed assets€156.3m ▲ 14.9%
Current assets€58.0m ▲ 15.4%
Equity and liabilities €214.3m
98.7%
Equity€211.5m ▲ 14.9%
Debt€2.8m ▲ 25.7%
Debt's share of the balance-sheet total rises from 1.2% to 1.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
13.0%▼
2024 · 15.9%
Debt ≤ 1 year
€2.5m▲
2024 · €2.0m
Debt > 1 year
€558=
2024 · €558
Staff costs
€805,400▼
2024 · €806,836
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 78 lines
Balance sheetCode20242025
Assets
Total assets20/58€186.3m€214.3m▲
Fixed assets21/28€136.1m€156.3m▲
Tangible fixed assets22/27€0.8m€0.8m▼
Land and buildings22€0.5m€0.5m=
Furniture and vehicles24€0.003m€0.002m▼
Other tangible fixed assets26€0.3m€0.3m=
Financial fixed assets28€135.2m€155.5m▲
Affiliated companies280/1€117.5m€117.5m=
Participating interests280€117.5m€117.5m=
Companies linked by participating interests282/3€0.4m€15.7m▲
Participating interests282€0.4m€15.7m▲
Other financial fixed assets284/8€17.4m€22.2m▲
Shares284€17.4m€22.2m▲
Current assets29/58€50.2m€58.0m▲
Amounts receivable after more than one year29€2.5m€2.8m▲
Other amounts receivable291€2.5m€2.8m▲
Stocks and contracts in progress3€8.7m€8.8m▲
Stocks30/36€8.7m€8.8m▲
Property held for sale35€8.7m€8.8m▲
Amounts receivable within one year40/41€3.4m€3.9m▲
Trade receivables40€0.03m€0.2m▲
Other amounts receivable41€3.3m€3.7m▲
Current investments50/53€35.3m€40.4m▲
Other investments51/53€35.3m€40.4m▲
Cash at bank and in hand54/58€0.2m€2.0m▲
Deferred charges and accrued income490/1€0.08m€0.09m▲
Equity and liabilities
Total equity and liabilities10/49€186.3m€214.3m▲
Equity10/15€184.0m€211.5m▲
Contributions10/11€44.0m€44.0m=
Capital10€44.0m€44.0m=
Issued capital100€44.0m€44.0m=
Revaluation surpluses12€20.8m€20.8m=
Reserves13€4.8m€4.8m=
Non-distributable reserves130/1€4.4m€4.4m=
Legal reserve130€4.4m€4.4m=
Other1319€0.02m€0.02m=
Distributable reserves133€0.3m€0.3m=
Profit (loss) carried forward14€114.5m€141.9m▲
Amounts payable17/49€2.3m€2.8m▲
Amounts payable after more than one year17€0.001m€0.001m=
Other amounts payable178/9€0.001m€0.001m=
Amounts payable within one year42/48€2.0m€2.5m▲
Trade debts44€0.2m€0.2m▲
Suppliers440/4€0.2m€0.2m▲
Taxes, remuneration and social security45€0.2m€0.1m▼
Taxes450/3€0.05m€0.04m▼
Remuneration and social security454/9€0.1m€0.08m▼
Other amounts payable47/48€1.7m€2.2m▲
Accrued charges and deferred income492/3€0.3m€0.3m▲
Income statementCode20242025
Operating income70/76A€1.8m€2.0m▲
Turnover70€1.8m€2.0m▲
Other operating income74€0.02m€0.01m▼
Operating charges60/66A€1.7m€2.0m▲
Purchases600/8-€0.1m
Change in stocks: decrease (increase)609--€0.1m
Services and other goods61€0.9m€1.1m▲
Remuneration, social security and pensions62€0.8m€0.8m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€148€0.001m▲
Other operating charges640/8€0.07m€0.09m▲
Operating profit (loss)9901€0.07m-€0.07m▼
Financial income75/76B€29.4m€28.7m▼
Recurring financial income75€29.4m€18.8m▼
Income from financial fixed assets750€22.8m€17.8m▼
Income from current assets751€0.3m€1.0m▲
Other financial income752/9€6.3m€0.003m▼
Non-recurring financial income76B-€9.9m
Financial charges65/66B€0.1m€1.2m▲
Recurring financial charges65€0.1m€0.7m▲
Debt charges650€0.1m€0.05m▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€0.6m
Other financial charges652/9€0.001m€0.03m▲
Non-recurring financial charges66B-€0.5m
Profit (loss) for the period before taxes9903€29.3m€27.5m▼
Profit (loss) for the period9904€29.3m€27.5m▼
Profit (loss) for the period to be appropriated9905€29.3m€27.5m▼
Appropriation of the result
Profit (loss) to be appropriated9906€114.5m€141.9m▲
Profit (loss) brought forward from the previous period14P€85.1m€114.5m▲
Social balance sheet
Average headcount (FTE)90878.68.3▼
The notes to these accounts (52 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2018
2019
2020
2021
2022
2023
2024
2025
Change
Operating income70/76A
-
-
-
€1.3m
€1.3m
€1.4m
€1.8m
€2.0m
▲ 8.7%
Turnover70
€1.1m
€1.2m
€1.2m
€1.3m
€1.3m
€1.4m
€1.8m
€2.0m
▲ 8.9%
Other operating income74
-
-
-
€0.03m
€0.03m
€0.03m
€0.02m
€0.01m
▼ 14.9%
Operating charges60/66A
-
-
-
€1.4m
€1.4m
€1.6m
€1.7m
€2.0m
▲ 17.1%
Purchases600/8
-
-
-
-
-
-
-
€0.1m
-
Change in stocks: decrease (increase)609
-
-
-
-
-
-
-
-€0.1m
-
Services and other goods61
-
-
-
€0.6m
€0.6m
€0.7m
€0.9m
€1.1m
▲ 31.9%
Remuneration, social security and pensions62
-
-
-
€0.7m
€0.8m
€0.8m
€0.8m
€0.8m
▼ 0.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
-
-
-
-
-
-
€148
€0.001m
▲ 323%
Other operating charges640/8
-
-
-
€0.06m
€0.02m
€0.05m
€0.07m
€0.09m
▲ 33.6%
Operating profit (loss)9901
-€0.02m
€25.8m
-€0.1m
-€0.1m
-€0.05m
-€0.1m
€0.07m
-€0.07m
-
Financial income75/76B
-
-
-
€4.5m
€6.6m
€12.2m
€29.4m
€28.7m
▼ 2.4%
Recurring financial income75
€4.6m
€10.3m
€2.2m
€4.5m
€6.6m
€12.2m
€29.4m
€18.8m
▼ 36.2%
Income from financial fixed assets750
-
-
-
€3.7m
€6.4m
€11.4m
€22.8m
€17.8m
▼ 22.1%
Income from current assets751
-
-
-
€0.8m
€0.2m
€0.6m
€0.3m
€1.0m
▲ 228%
Other financial income752/9
-
-
-
€0.001m
-
€0.2m
€6.3m
€0.003m
▼ 100.0%
Non-recurring financial income76B
-
-
-
-
-
-
-
€9.9m
-
Financial charges65/66B
-
-
-
€0.03m
€0.04m
€0.06m
€0.1m
€1.2m
▲ 852%
Recurring financial charges65
€0.01m
€0.09m
€0.01m
€0.03m
€0.04m
€0.06m
€0.1m
€0.7m
▲ 464%
Debt charges650
€0.009m
€0.009m
-
€0.02m
€0.01m
€0.06m
€0.1m
€0.05m
▼ 56.0%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651
-
-
-
-
-
-
-
€0.6m
-
Other financial charges652/9
-
-
-
€0.008m
€0.03m
€0.002m
€0.001m
€0.03m
▲ 5,215%
Non-recurring financial charges66B
-
-
-
-
-
-
-
€0.5m
-
Profit (loss) for the period before taxes9903
€4.6m
€35.9m
€0.3m
€4.3m
€6.5m
€12.0m
€29.3m
€27.5m
▼ 6.4%
Income taxes67/77
€0.02m
€0.01m
-
-
-
-
-
-
-
Profit (loss) for the period9904
€4.5m
€35.9m
€0.3m
€4.3m
€6.5m
€12.0m
€29.3m
€27.5m
▼ 6.4%
Profit (loss) for the period to be appropriated9905
€4.5m
€35.9m
€0.3m
€4.3m
€6.5m
€12.0m
€29.3m
€27.5m
▼ 6.4%
Line
2018
2019
2020
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€97.8m
€133.8m
€134.1m
€138.1m
€145.5m
€157.4m
€186.3m
€214.3m
▲ 15.1%
Fixed assets21/28
€78.2m
€112.5m
€110.7m
€110.7m
€110.7m
€110.7m
€136.1m
€156.3m
▲ 14.9%
Tangible fixed assets22/27
€0.5m
€0.5m
€0.5m
€0.5m
€0.5m
€0.5m
€0.8m
€0.8m
▼ 0.1%
Land and buildings22
-
-
-
€0.5m
€0.5m
€0.5m
€0.5m
€0.5m
=
Furniture and vehicles24
-
-
-
-
-
-
€0.003m
€0.002m
▼ 21.0%
Other tangible fixed assets26
-
-
-
-
-
-
€0.3m
€0.3m
=
Financial fixed assets28
€77.7m
€112.0m
€110.2m
€110.2m
€110.2m
€110.2m
€135.2m
€155.5m
▲ 15.0%
Affiliated companies280/1
-
-
-
€103.0m
€103.0m
€103.0m
€117.5m
€117.5m
=
Participating interests280
-
-
-
€103.0m
€103.0m
€103.0m
€117.5m
€117.5m
=
Companies linked by participating interests282/3
-
-
-
€0.4m
€0.4m
€0.4m
€0.4m
€15.7m
▲ 4,392%
Participating interests282
-
-
-
€0.4m
€0.4m
€0.4m
€0.4m
€15.7m
▲ 4,392%
Other financial fixed assets284/8
-
-
-
€6.8m
€6.8m
€6.8m
€17.4m
€22.2m
▲ 28.2%
Shares284
-
-
-
€6.8m
€6.8m
€6.8m
€17.4m
€22.2m
▲ 28.2%
Current assets29/58
€19.7m
€21.3m
€23.4m
€27.4m
€34.8m
€46.7m
€50.2m
€58.0m
▲ 15.4%
Amounts receivable after more than one year29
-
-
-
€1.7m
€1.8m
€1.9m
€2.5m
€2.8m
▲ 11.4%
Other amounts receivable291
-
-
-
€1.7m
€1.8m
€1.9m
€2.5m
€2.8m
▲ 11.4%
Stocks and contracts in progress3
€8.7m
€8.7m
€8.7m
€8.7m
€8.7m
€8.7m
€8.7m
€8.8m
▲ 1.5%
Stocks30/36
-
-
-
€8.7m
€8.7m
€8.7m
€8.7m
€8.8m
▲ 1.5%
Property held for sale35
-
-
-
€8.7m
€8.7m
€8.7m
€8.7m
€8.8m
▲ 1.5%
Amounts receivable within one year40/41
€3.7m
€5.3m
€1.1m
€1.3m
€2.4m
€0.8m
€3.4m
€3.9m
▲ 15.3%
Trade receivables40
-
-
-
€0.2m
€0.4m
€0.3m
€0.03m
€0.2m
▲ 477%
Other amounts receivable41
-
-
-
€1.1m
€2.0m
€0.6m
€3.3m
€3.7m
▲ 10.7%
Current investments50/53
€4.6m
€4.2m
€11.7m
€13.4m
€19.3m
€23.3m
€35.3m
€40.4m
▲ 14.4%
Other investments51/53
-
-
-
€13.4m
€19.3m
€23.3m
€35.3m
€40.4m
▲ 14.4%
Cash at bank and in hand54/58
€1.0m
€1.5m
€0.1m
€2.2m
€2.6m
€11.8m
€0.2m
€2.0m
▲ 724%
Deferred charges and accrued income490/1
-
-
-
€0.07m
€0.08m
€0.08m
€0.08m
€0.09m
▲ 5.0%
Equity and liabilities
Total equity and liabilities10/49
€97.8m
€133.8m
€134.1m
€138.1m
€145.5m
€157.4m
€186.3m
€214.3m
▲ 15.1%
Equity10/15
€95.7m
€131.5m
€131.8m
€136.2m
€142.7m
€154.7m
€184.0m
€211.5m
▲ 14.9%
Contributions10/11
€44.0m
€44.0m
€44.0m
€44.0m
€44.0m
€44.0m
€44.0m
€44.0m
=
Capital10
-
-
-
€44.0m
€44.0m
€44.0m
€44.0m
€44.0m
=
Issued capital100
-
-
-
€44.0m
€44.0m
€44.0m
€44.0m
€44.0m
=
Revaluation surpluses12
-
-
-
€20.8m
€20.8m
€20.8m
€20.8m
€20.8m
=
Reserves13
€3.3m
€4.8m
€4.8m
€4.8m
€4.8m
€4.8m
€4.8m
€4.8m
=
Non-distributable reserves130/1
-
-
-
€4.4m
€4.4m
€4.4m
€4.4m
€4.4m
=
Legal reserve130
-
-
-
€4.4m
€4.4m
€4.4m
€4.4m
€4.4m
=
Other1319
-
-
-
€0.02m
€0.02m
€0.02m
€0.02m
€0.02m
=
Distributable reserves133
-
-
-
€0.3m
€0.3m
€0.3m
€0.3m
€0.3m
=
Profit (loss) carried forward14
€27.6m
€62.0m
€62.3m
€66.6m
€73.1m
€85.1m
€114.5m
€141.9m
▲ 24.0%
Amounts payable17/49
€2.2m
€2.2m
€2.3m
€1.9m
€2.8m
€2.7m
€2.3m
€2.8m
▲ 25.7%
Amounts payable after more than one year17
€0.001m
€0.001m
€0.001m
€0.001m
€0.001m
€0.001m
€0.001m
€0.001m
=
Other amounts payable178/9
-
-
-
€0.001m
€0.001m
€0.001m
€0.001m
€0.001m
=
Amounts payable within one year42/48
€2.1m
€2.1m
€2.1m
€1.8m
€2.6m
€2.5m
€2.0m
€2.5m
▲ 26.7%
Trade debts44
€0.1m
€0.1m
€0.1m
€0.1m
€0.2m
€0.1m
€0.2m
€0.2m
▲ 20.2%
Suppliers440/4
-
-
-
€0.1m
€0.2m
€0.1m
€0.2m
€0.2m
▲ 20.2%
Taxes, remuneration and social security45
-
-
-
€0.2m
€0.2m
€0.2m
€0.2m
€0.1m
▼ 24.3%
Taxes450/3
-
-
-
€0.05m
€0.09m
€0.06m
€0.05m
€0.04m
▼ 27.7%
Remuneration and social security454/9
-
-
-
€0.1m
€0.1m
€0.1m
€0.1m
€0.08m
▼ 22.8%
Other amounts payable47/48
-
-
-
€1.5m
€2.3m
€2.2m
€1.7m
€2.2m
▲ 32.1%
Accrued charges and deferred income492/3
-
-
-
€0.1m
€0.2m
€0.2m
€0.3m
€0.3m
▲ 18.5%
Line
2018
2019
2020
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€4.5m
€35.9m
€0.3m
€4.3m
€6.5m
€12.0m
€29.3m
€27.5m
▼ 6.4%
+ Depreciation and write-downs630
-
-
-
-
-
-
€148
€0.001m
▲ 323%
Operating cash flow (approximation)
€4.5m
€35.9m
€0.3m
€4.3m
€6.5m
€12.0m
€29.3m
€27.5m
▼ 6.4%
Investment in fixed assets (approximation)
-
-€34.3m
€1.8m
€0
€0
€0
-€25.4m
-€20.3m
▲ 20.0%
Change in cash
-
€0.5m
-€1.3m
€2.1m
€0.4m
€9.2m
-€11.6m
€1.8m
-
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Of the 6,934 active companies whose main activity is other personal services (NACE 96999), figures are known for 605. 8 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
Directors
Who runs the company today and since when, grouped the way the KBO groups its office holders. Many recent board changes are a reason to keep a close eye.
under verification
This board is reconstructed from a single act (25122322). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Not every act has been read: a resignation may still be missing
11 of this company's 15 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
According to the 2025 annual accounts of ALGIMO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Capital and shareholders
When capital was put in or taken out. An increase often strengthens the company; a reduction deserves a look.
Capital over the years
22-12-2023Capital stated in the deed · €44,006,112.13 · 29,801 shares
According to the 2025 annual accounts of ALGIMO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
6 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, zoom with the mouse wheel.
The company's story in a few sentences, from the company register, the Belgian Official Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 23 December 1988, ALGIMO was incorporated.1In 2025 the registered office moved to Gent.2Turnover went from €1.1m in 2018 to €2.0m in 2025 and headcount from 8.4 to 8.3 full-time equivalents.3
Registered office clause, “9000 Gent, Coupure 10” (deed in Dutch)
25-10
Gazette deedReappointments: ERNST EN YOUNG BEDRIJFSREVISOREN BV (statutory auditor) and QUATORZE JUILLET BV (director)
Resignations: Marijke DE VOS (director) and Paul BOSTOEN (director) · Appointments: Hector BOSTOEN (director) and Arthur BOSTOEN (director) · Permanent representative: Alain BOSTOEN10 facts ▸
General meeting, 10-06-2023
Auditor reappointment, ERNST EN YOUNG BEDRIJFSREVISOREN BV (statutory auditor)
Director resignation, Marijke DE VOS (director)
Director resignation, Paul BOSTOEN (director)
Director appointment, Hector BOSTOEN (director)
Director appointment, Arthur BOSTOEN (director)
Director reappointment, QUATORZE JUILLET BV (director)
Permanent representative, Alain BOSTOEN
Board meeting, 09-08-2023
Director resignation, Paul BOSTOEN (managing director)
Net result drops to €304,006, the lowest in the series; recovery starts the following year.
2019
31-12
FinancialHighest result from 2018 to 2025net €35.9m ▲689%
Operating result €25.8m, net result €35.9m, both a record.
31-12
FinancialEquity above €100mequity €131.5m ▲37.5%
A profit in every financial year since 2018 builds equity to €131.5m.
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 62 annual accounts filed, the latest 10 are here; all 62 are under Financials.
4 of 15 deeds read
About the unread acts
Of the 15 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
Afrikalaan 182, 9000 GentActivities of holding companies
since 1989unit no. 2.042.265.219
1 parcel
Flanders1(100%)
Cadastral parcel
Region
Area
Buildings
Height / floors
44807G0718/00R000
Flanders
3.8 ha
1 · 9,120 m²
-
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
ALGIMO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Bestuursorgaan kan administratieve zetels,agentschappen,ateliers,opslagplaatsen,bijhuizen oprichten of opheffen in België en buitenland…” (deed in Dutch)
Liquidation distribution: “Aanzuivering schulden lasten kosten of consignatie nodige gelden, netto-actief in geld of effecten onder aandeelhouders naar verhouding…” (deed in Dutch)