ALGO CONCEPT

Active

Private limited companyfounded 2022active for 4 yearsAvenue Prince de Liège(JB) 104, 5100 Namur, BelgiumKBO/BCE: BE 0783.238.277

Summary

The KBO register records that ALGO CONCEPT is being wound up, so no bankruptcy probability is computed. The 2025 annual accounts show negative equity (-€28,490) and a net result of -€29,440. Equity is shrinking by about 370% per year across the filed financial years. Its solvency ranks better than 8% of 34,356 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

ALGO CONCEPTActiveChecked score 8/100

Risk analysis Report Compare

Activity

Plumbing work

NACE 43221

1 site

Size

€249,261total assets 2025

Equity: -€28,490
Loss: -€29,440

Turnover not published (micro format)

Financial health

8 Critical Checked score 2025

Dissolution or liquidation

Structure

Accounts filed 59 days late2 of 5 deeds read

Signalsraises riskNegative equityneutralFiled after the deadlineShow the evidence

Checked score

Score 2025

8 / 100

Critical

Without a bankruptcy probability: score from the figures alone

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 14-11

equity -11.4% of total assets

Liquidity 21-8

short-term debt 60.7% · cash 2.4%

Profitability 4-63

return on assets -11.8%

Credit verdict

No credit on open account

Liquidity insufficient (current ratio 0.18, compared with 0.13 in 2024, below 1; short-term debt: 60.7% and cash: 2.4% of total assets), and equity is negative.

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Signals

Two signals.

raises riskneutral

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

232425

2023 to 2025 · latest year -€28,490

Filed after the deadline

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-12-2025, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 3 filings

Deviation from the deadline

2025

59 days late

2024

30 days late

2023

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 30 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 30 November (3 of the last 3 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-03-2026 year end18-10-2026 today31-10-2026 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2022.

KBO publications · our coverage

14-10-2026 Resignations & appointments · End &…Incorporation · Bank account ·…
17-07-2026 Registered officeRegistered-office move · Director in…
29-12-2025 Annual accounts filedfinancial year 2025 · micro…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€28,490 View
Caution: Among the weakest 5% on net resultsector median €10,255 · 34,343 companies -€29,440 View
Caution: 2 loss-making years in a rowloss financial year 2025 -€29,440 View