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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 20,598 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Specialist medical practice
NACE 86220
1 site
Size
€15,756total assets 2025
Equity
€3,101
Profit
€2,101
Turnover not published (micro format)
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 1 day early
Why 91raises riskFounded in 2024lowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 1.25, cash €6,468Figures for financial year 2025 (filed 29-04-2026)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 30% of its sector peers (NACE 86, micro)
Financial strength
Strong
Solvency 45
equity 19.7% of total assets
Liquidity 59
short-term debt 76.1% · cash 41.1%
Profitability 85
return on assets 13.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (24,117 companies, NACE 86, micro)
Last 24 months 07-2025: 0.3% 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.4%▲ +0.1 percentage points vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026highest value 08-2026: 0.4%● unchanged vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.4 percentage points vs 09-2026lowest value
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 86, micro): better than 20% on solvency, 36% on liquidity and 36% on profitability.

The bankruptcy probability was computed on 24-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
lowers risk · Liquidity: current ratio 1.25, cash €6,468
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 29-04-2026)
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 20598 sector peers (2025).
NBB · sector comparison
Position among 20598 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
1 day early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. General meeting · Other provisionName change · Registered-office move…
  2. Appointment: Florian Demuynck (additional director)Gazette deed
  3. Annual accounts filedfinancial year 2025 · micro…

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.

Directors

Directors
2 directors, no change since 2026
VAN DEN BERGE Wouter
Director · since 27-06-2024
Current
Florian Demuynck
Additional director · since 01-05-2026
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
VAN DEN BERGE Wouter
  • Director, from 27-06-2024 to date
Florian Demuynck
  • Additional director, from 01-05-2026 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 27-06-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 27-06-2024 Incorporation · €1,000 · 50 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Algoclinic was incorporated on 25 June 2024 as a private limited company by one natural person, with a starting capital of €1,000.12 In 2026 the company took the name Algoclinic.3 The registered office was moved to Zwevegem in 2026.3 The board currently has 2 members; VAN DEN BERGE Wouter has served longest, since 2024.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-06-2024
  3. 3Belgian Official Gazette, 22-10-2026

Acts, filings and financial milestones

2026
22-10
Gazette deed General meeting · Other provision
Name change · Registered-office move · Power of attorney6 facts ▸
  • General meeting, buitengewone algemene vergadering, 05-10-2026
  • Other provision, registerinschrijving, rechtspersonenregister Gent,afdeling Kortrijk
  • Name change, Algoclinic
  • Registered-office move, Oude Lettenhofstraat 22,8550 Zwevegem
  • Power of attorney
  • Power of attorney, Orinn Vijncke
16-06
Gazette deed Appointment: Florian Demuynck (additional director)
2 facts ▸
  • General meeting, 27-04-2026
  • Director appointment, Florian Demuynck (additional director)
29-04
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
27-06
Gazette deed Incorporation
Appointment: VAN DEN BERGE Wouter (director) · Founder · Shareholding12 facts ▸
  • Founder, VAN DEN BERGE Wouter
  • Incorporation, “Dr. Wouter Van den Berge” (deed in Dutch)
  • Shareholding, 50
  • Bank account, “bijzondere rekening namens vennootschap in oprichting”, 18-05-2024 (deed in Dutch)
  • Founding capital, €1,000
  • Registered office clause, “8870 Izegem,Bellevuestraat 13” (deed in Dutch)
  • Pre-incorporation commitments, “takeover, verbintenissen voor rekening en ten name van vennootschap in oprichting binnen twee jaar voor neerlegging uittreksel” (deed in Dutch)
  • Board rule, 1, “niet-statutaire bestuurders” (deed in Dutch)
  • Director appointment, VAN DEN BERGE Wouter (director)
  • Other provision, “geen bestuursverbod, niet getroffen door besluit dat zich verzet” (deed in Dutch)
  • Other provision, 14-05-2024
  • Other provision, 01-12-2024
Gazette deedNBB filing
3 of 3 deeds read

Register details

Identification
Legal formPrivate limited company
Founded25-06-2024
Financial year end30-09
Activities, NACEBEL 2025
86220Specialist medical practice
59201Sound recording
86995Nutrition and dietetics services
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010715947
Also 9925:BE1010715947
Registered 26-11-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zwevegem · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
1,304 m²
Building footprint
133 m²
Building volume
650 m³
2 parcels, Flanders · tallest building 7.2 m. Linked by address, not a title deed.
1 establishment unit
Dr. Wouter Van den Berge
Bellevuestraat 13, 8870 IzegemSpecialist medical practice
since 2024unit no. 2.363.067.973
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
34042B0290/00K000indicative Flanders 791 m² 1 · 133 m² 7.2 m · 2
36494D1008/00R003 Flanders 514 m² - -
How the parcels are linked
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.

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.
Dr. Wouter Van den Berge
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 27-06-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Één of meer bestuurders,natuurlijke personen, algemene vergadering kan mandaat steeds hernieuwen” (deed in Dutch)
1 more provision on this in the deed

deed of 27-06-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, 50” (deed in Dutch)

deed of 27-06-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of March at 20:00

deed of 27-06-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Ontbinding op elk moment door algemene vergadering, vereisten statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding en sluiting vereffening in één akte mogelijk, artikel 2:80 WVV” (deed in Dutch)
“Beroep op artsen voor zaken persoonlijke levenssfeer patiënten en/of beroepsgeheim aandeelhouders, algemene vergadering kan te allen tijde…” (deed in Dutch)

deed of 27-06-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Stemrecht, 1” (deed in Dutch)
Other provision: “Te bestemmen winst zoals bepaald door boekhoudrecht, bestemming winst-reserve” (deed in Dutch)
Liquidation distribution: “Vereffenaar betaalt alle schulden naar evenredigheid zonder onderscheid opeisbare en niet-opeisbare,onder aftrek disconto,onverminderd…” (deed in Dutch)
1 more provision in the deed, see the deed of 27-06-2024

deed of 27-06-2024