Algiz
ActiveSummary
The computed 12-month bankruptcy probability of Algiz is 2.4% (moderate). The 2025 annual accounts show negative equity (-€12,668) and a net result of -€4,501. Equity is shrinking by ~69.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 790 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,035 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,722 | €1,265 | €1,265 | €1,265 | = |
| Other operating charges640/8 | €91 | €138 | €575 | €465 | ▼ 19.1% |
| Gross operating margin9900 | -€1,888 | -€521 | -€2,187 | -€3,036 | ▼ 38.8% |
| Operating profit (loss)9901 | -€3,701 | -€1,924 | -€4,027 | -€4,766 | ▼ 18.4% |
| Financial charges65/66B | €228 | €296 | €469 | -€265 | ▼ 157% |
| Recurring financial charges65 | €228 | €296 | €469 | -€265 | ▼ 157% |
| Profit (loss) for the period before taxes9903 | -€3,929 | -€2,220 | -€4,496 | -€4,501 | ▼ 0.1% |
| Profit (loss) for the period9904 | -€3,929 | -€2,220 | -€4,496 | -€4,501 | ▼ 0.1% |
| Profit (loss) for the period to be appropriated9905 | -€3,929 | -€2,220 | -€4,496 | -€4,501 | ▼ 0.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €7,886 | €4,171 | €5,839 | €3,247 | ▼ 44.4% |
| Formation expenses20 | €1,437 | €1,008 | €579 | €150 | ▼ 74.1% |
| Fixed assets21/28 | €3,166 | €2,330 | €1,494 | €658 | ▼ 56.0% |
| Intangible fixed assets21 | €3,166 | €2,330 | €1,494 | €658 | ▼ 56.0% |
| Current assets29/58 | €3,283 | €834 | €3,766 | €2,439 | ▼ 35.2% |
| Amounts receivable within one year40/41 | €463 | €231 | €839 | €97 | ▼ 88.4% |
| Other amounts receivable41 | €463 | €231 | €839 | €97 | ▼ 88.4% |
| Cash at bank and in hand54/58 | €778 | €603 | €2,876 | €2,342 | ▼ 18.6% |
| Deferred charges and accrued income490/1 | €2,042 | €0 | €50 | €0 | ▼ 100% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €7,886 | €4,171 | €5,839 | €3,247 | ▼ 44.4% |
| Equity10/15 | -€1,429 | -€3,649 | -€8,167 | -€12,668 | ▼ 55.1% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | -€3,929 | -€6,149 | -€10,667 | -€15,168 | ▼ 42.2% |
| Amounts payable17/49 | €9,315 | €7,820 | €14,006 | €15,914 | ▲ 13.6% |
| Amounts payable within one year42/48 | €9,315 | €7,820 | €14,006 | €15,914 | ▲ 13.6% |
| Trade debts44 | €545 | €0 | €605 | €17 | ▼ 97.2% |
| Suppliers440/4 | €545 | €0 | €605 | €17 | ▼ 97.2% |
| Advances received on contracts in progress46 | €1,971 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €39 | €241 | €0 | ▼ 100% |
| Taxes450/3 | - | €39 | €241 | €0 | ▼ 100% |
| Other amounts payable47/48 | €6,800 | €7,782 | €13,160 | €15,897 | ▲ 20.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,929 | -€2,220 | -€4,496 | -€4,501 | ▼ 0.1% |
| + Depreciation and write-downs630 | €1,722 | €1,265 | €1,265 | €1,265 | = |
| Operating cash flow (approximation) | -€2,207 | -€955 | -€3,231 | -€3,236 | ▼ 0.1% |
| Investment in fixed assets (approximation) | - | -€429 | -€429 | -€429 | = |
| Change in cash | - | -€175 | €2,274 | -€535 | ▼ 124% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
27-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
- General meeting, 01-08-2026
- Registered-office move, Leliestraat 37, 3920 Lommel
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1398/00Z010 | Flanders | 896 m² | 1 · 164 m² | 6.9 m · 1 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.