Algomás
ActiveSummary
Algomás has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €161,621 and a net result of €291,361. Equity fluctuates too strongly from year to year to read a trend from it. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-01-2021 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.313.846.116 3060 Bertem, since 27-01-2021
- Financial year end
- 30 September
- Peppol
- Reachable since 12-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €519,322
- ▲ 13×
- Turnover
- ≈ €1.2m
- estimated
- Profit
- €291,361
- Equity
- €161,621
- Total assets
- €6.9m
- ▲ 0.1%
Score breakdownraises riskEquity €161,621 (2.4% of total assets)Founded in 2021lowers riskSize: total assets €6.9mFigures for financial year 2025 (filed on 07-05-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, small). It does better than 14% of them on solvency, 36% on liquidity, 53% on profitability and 97% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 7 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-04-2026 PDF all 4 filings
Every figure per financial year
The operating result for 2025 is nearly 23 times that of 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | - | €3.2m | - | - |
| Mortgages, amount registered | €75,000 | €77,000 | - | - |
| Mortgage mandates | €1.5m | €3.9m | - | - |
| Carrying value of the mortgaged assets | €2.3m | €4.3m | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | €5,652 | €4,720 | €16,790 | €15,198 | ▼ 9.5% |
| Gross operating margin9900 | €173,765 | -€13,122 | €38,986 | €519,322 | ▲ 13× |
| Operating profit (loss)9901 | €168,113 | -€17,842 | €22,196 | €504,124 | ▲ 23× |
| Financial income75/76B | - | - | €0 | €16 | ▲ 395× |
| Recurring financial income75 | - | - | €0 | €16 | ▲ 395× |
| Financial charges65/66B | €24,886 | €74,006 | €246,933 | €212,779 | ▼ 13.8% |
| Recurring financial charges65 | €24,886 | €74,006 | €246,933 | €212,779 | ▼ 13.8% |
| Profit (loss) for the period before taxes9903 | €143,226 | -€91,848 | -€224,737 | €291,361 | - |
| Income taxes67/77 | €31,381 | - | - | - | - |
| Profit (loss) for the period9904 | €111,845 | -€91,848 | -€224,737 | €291,361 | - |
| Profit (loss) for the period to be appropriated9905 | €111,845 | -€91,848 | -€224,737 | €291,361 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2.4m | €4.3m | €6.9m | €6.9m | ▲ 0.1% |
| Current assets29/58 | €2.4m | €4.3m | €6.9m | €6.9m | ▲ 0.1% |
| Stocks and contracts in progress3 | €2.3m | €4.3m | €6.8m | €6.2m | ▼ 8.9% |
| Stocks30/36 | €2.3m | €4.3m | €6.8m | €6.2m | ▼ 8.9% |
| Amounts receivable within one year40/41 | €0.01m | €0.01m | €0.02m | €0.005m | ▼ 67.5% |
| Trade receivables40 | €0.01m | €0.01m | €0.02m | €0.005m | ▼ 67.5% |
| Cash at bank and in hand54/58 | €0.1m | €0.002m | €0.03m | €0.7m | ▲ 21× |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2.4m | €4.3m | €6.9m | €6.9m | ▲ 0.1% |
| Equity10/15 | €0.2m | €0.09m | -€0.1m | €0.2m | - |
| Contributions10/11 | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Profit (loss) carried forward14 | €0.1m | €0.02m | -€0.2m | €0.09m | - |
| Amounts payable17/49 | €2.2m | €4.2m | €7.0m | €6.7m | ▼ 4.0% |
| Amounts payable after more than one year17 | €1.6m | €3.6m | €4.8m | €4.3m | ▼ 10.5% |
| Financial debts170/4 | €1.6m | €3.6m | €4.8m | €4.3m | ▼ 10.5% |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €2.1m | €2.4m | ▲ 10.5% |
| Financial debts43 | €0.02m | €0.01m | €0.01m | €0.02m | ▲ 68.2% |
| Other loans439 | €0.02m | €0.01m | €0.01m | €0.02m | ▲ 68.2% |
| Trade debts44 | €0.02m | €0.09m | €0.05m | €0.09m | ▲ 82.1% |
| Suppliers440/4 | €0.02m | €0.09m | €0.05m | €0.09m | ▲ 82.1% |
| Advances received on contracts in progress46 | - | - | €0.9m | €0.5m | ▼ 52.3% |
| Taxes, remuneration and social security45 | €0.03m | - | - | - | - |
| Taxes450/3 | €0.03m | - | - | - | - |
| Other amounts payable47/48 | €0.5m | €0.5m | €1.1m | €1.8m | ▲ 58.7% |
| Accrued charges and deferred income492/3 | €0.008m | €0.03m | €0.04m | €0.03m | ▼ 10.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €111,845 | -€91,848 | -€224,737 | €291,361 | - |
| Operating cash flow (approximation) | €111,845 | -€91,848 | -€224,737 | €291,361 | - |
| Change in cash | - | -€108,564 | €29,010 | €628,180 | ▲ 22× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 143 companies had the same profile as Algomás has now. Two years later, 95.8% were still going and 2.1% had gone bankrupt.
- Medium-sized
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
The bankruptcy probability of Algomás itself is lower: 0.1% within 12 months. It rests on far more data about Algomás than the profile alone.
Test of the method
The method was tested on the 497,446 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 143 companies, not a prediction for Algomás. 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.
Filings with the National Bank (4)
Board & ownership
Directors
Owners and capital
Owners
Network & group
Algomás shares no director with another company.
Companies at the same address
4 other companiesConnections & network
1 current directorThe network starts from the directors of Algomás. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24009B0252/00C000 | Flanders | 4,226 m² | 1 · 257 m² | 10.2 m · 1 |