Turnover
≈ €55,000 estimated
The micro format states no turnover.
ALGO FAÇADE
Lifetime
1 annual account with figurespeak €5,506 (2025)
€5,506
peak €2,456 (2025)
€2,456
peak €6,456 (2025)
€6,456
€9,923
Board2 names since 2025
2 directorsDESSIMEON Laetitia and 1 other
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Incorporation 14-081 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€4,000 100 shares
Position in the sector
€6,456
Less equity than 86% of companies in specialised construction. Sector median €57,762 · 35,072 companies.
2025 accounts filed 25 days after the deadline
Checked score
51
Fair
Financially stronger than 47% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,695 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2026: 3.1%lowest value
10-2026: 3.1%● unchanged vs 09-2026highest value
11-2026: 3.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
Liquidity: current ratio 0.42
1 change of registered office in 24 months
Restart pattern
lowers risk
Figures for financial year 2025 (filed on 28-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 42% of them on solvency, 25% on liquidity and 72% on profitability.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as ALGO FAÇADE has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of ALGO FAÇADE itself is higher: 3.1% within 12 months. It rests on far more data about ALGO FAÇADE than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for ALGO FAÇADE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 1 filingDeviation from the deadline
2025
25 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Restart pattern
1 indication
A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.
- FoundedThis companystart date 12-08-2025
This company was founded 10 months after the bankruptcy of MS ISOLATION FACADE. The annual accounts of both list LAETITIA DESSIMEON, SEBASTIEN MOUSITSAS as director, and both had the same registered office.
- LAETITIA DESSIMEON listed as director in the annual accounts of both
- SEBASTIEN MOUSITSAS listed as director in the annual accounts of both
- Same registered office (6183 Courcelles)
This is a pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. The facts come from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB. The same name in two sets of accounts is not necessarily the same person. What the facts mean is for you to look into.
Board and ownership
- MOUSITSAS Sébastien 50 sharesdeed of 14-08-2025
- DESSIMEON Laetitia 50 sharesdeed of 14-08-2025
Recent changes
Registered office moved from Chapelle-lez-Herlaimont to Trazegnies
New registered office: Rue du Château 85, 6183 TRAZEGNIES · Previous registered office: Avenue Fernand Brunfaut 24, 7160 Chapelle-lez-Herlaimont · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1026443607
Incorporation
Founding capital of €4,000, 100 shares · Founders: MOUSITSAS Sébastien and DESSIMEON Laetitia · Appointments: MOUSITSAS Sébastien (director) and DESSIMEON Laetitia (director) · published on 14-08-2025 · Gazette deed
First establishment
ALPHA ISOLATION, Avenue Fernand Brunfaut 24, Chapelle-lez-Herlaimont
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALGO FAÇADE Courcelles | €16,379 | €5,506 | 39.4% | - |
| QUEIROZ CONSTRUCT Sint-Pieters-Leeuw | €11,240 | €5,706 | 60.2% | - |
| D.J.U. Plafonnage Wezembeek-Oppem | €16,066 | €4,577 | 18.1% | - |
| M&LS CONSTRUCT Vilvoorde | €19,926 | €8,060 | 46.8% | - |
| BVG CONCEPT Jette | €15,726 | €3,440 | 27.2% | - |
| M.I. SERVICE Vilvoorde | €18,251 | €9,702 | 26.2% | - |
| CG Bepleistering Lummen | €19,299 | €7,685 | 36.7% | - |
These companies have the same main activity as ALGO FAÇADE: plastering work (NACE 43310). They are comparable in size and age: total assets between €11,200 and €19,900, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 12-08-2025Normal situation
- Activity
- Plastering workNACE 43310and 5 others
- Establishment unit
- 2.377.430.3097160 Chapelle-lez-Herlaimont, since 12-08-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 05-11-2025
Insights on ALGO FAÇADE
The computed 12-month bankruptcy probability of ALGO FAÇADE is 3.1% (moderate). The 2025 annual accounts show equity of €6,456 and a net result of €2,456.
Its solvency ranks better than 42% of 35,060 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ALGO FAÇADE
- What is the company number of ALGO FAÇADE?
- The company number of ALGO FAÇADE is 1026.443.607. The VAT number is the same number with BE in front: BE 1026.443.607.
- Where is ALGO FAÇADE based?
- The registered office is at Rue du Château 85, 6183 Courcelles.Company details
- What does ALGO FAÇADE do?
- According to the KBO register, the main activity is plastering work (NACE 43310).
- What is the legal form of ALGO FAÇADE?
- ALGO FAÇADE is a private limited company (BV).
- When was ALGO FAÇADE founded?
- ALGO FAÇADE was founded on 12-08-2025.
- Is ALGO FAÇADE still active?
- Yes, ALGO FAÇADE is an active enterprise in the KBO register.
- What is the turnover of ALGO FAÇADE?
- The turnover in financial year 2025 is ≈ €55,000. This figure is estimated from the gross margin of €5,506 and 161 comparable companies (NACE 433). It probably lies between €32,000 and €120,000. It is a rough estimate.Financials
- Is ALGO FAÇADE profitable?
- In financial year 2025, ALGO FAÇADE made a profit of €2,456.
- Where can I find the annual accounts of ALGO FAÇADE?
- ALGO FAÇADE filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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