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Algoclinic

Active
Private limited companyfounded 2024active for 2 yearsLettenhofstraat(Z) 22, 8550 Zwevegem, BelgiumKBO/BCE: BE 1010.715.947
Summary

Algoclinic has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,101 and a net result of €2,101. Its solvency ranks better than 20% of 20,604 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€3,101
Total assets
€15,756
Net result
€2,101
Working capital
€2,950

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €15,756
Fixed assets €821
Current assets €14,935
Equity and liabilities €15,756
Equity €3,101
Debt €12,656
Debt finances 80.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€6,509
Cash flow
€3,753
Current ratio
1.25
Debt to equity
4.08
ROE
67.8%
ROA
13.3%
Interest coverage
7.56
Debt ≤ 1 year
€11,986
Income taxes
€1,895

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,976 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€15,756
Fixed assets21/28€821
Tangible fixed assets22/27€821
Plant, machinery and equipment23€821
Current assets29/58€14,935
Cash at bank and in hand54/58€6,468
Deferred charges and accrued income490/1€8,467
Equity and liabilities
Total equity and liabilities10/49€15,756
Equity10/15€3,101
Contributions10/11€1,000
Reserves13€2,101
Distributable reserves133€2,101
Amounts payable17/49€12,656
Amounts payable within one year42/48€11,986
Trade debts44€2,602
Suppliers440/4€2,602
Taxes, remuneration and social security45€2,925
Taxes450/3€2,925
Other amounts payable47/48€6,459
Accrued charges and deferred income492/3€670
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,652
Gross operating margin9900€6,509
Operating profit (loss)9901€4,856
Financial charges65/66B€861
Recurring financial charges65€861
Profit (loss) for the period before taxes9903€3,996
Income taxes67/77€1,895
Profit (loss) for the period9904€2,101
Profit (loss) for the period to be appropriated9905€2,101
Appropriation of the result
Profit (loss) to be appropriated9906€2,101
Transfer to equity691/2€2,101
To other reserves6921€2,101

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,652
Gross operating margin9900€6,509
Operating profit (loss)9901€4,856
Financial charges65/66B€861
Recurring financial charges65€861
Profit (loss) for the period before taxes9903€3,996
Income taxes67/77€1,895
Profit (loss) for the period9904€2,101
Profit (loss) for the period to be appropriated9905€2,101
Line2025
Assets
Total assets20/58€15,756
Fixed assets21/28€821
Tangible fixed assets22/27€821
Plant, machinery and equipment23€821
Current assets29/58€14,935
Cash at bank and in hand54/58€6,468
Deferred charges and accrued income490/1€8,467
Equity and liabilities
Total equity and liabilities10/49€15,756
Equity10/15€3,101
Contributions10/11€1,000
Reserves13€2,101
Distributable reserves133€2,101
Amounts payable17/49€12,656
Amounts payable within one year42/48€11,986
Trade debts44€2,602
Suppliers440/4€2,602
Taxes, remuneration and social security45€2,925
Taxes450/3€2,925
Other amounts payable47/48€6,459
Accrued charges and deferred income492/3€670
Line2025
Profit (loss) for the period9904€2,101
+ Depreciation and write-downs630€1,652
Operating cash flow (approximation)€3,753

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-09-2025 micro format 29-04-2026 2026-00098190

Similar companies · same sector, comparable size

Of the 16,582 active companies whose main activity is specialist medical practice (NACE 86220), figures are known for 8,113. 1,269 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.