ALGOMAS
ALGOMAS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €98k and a net result of €41k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 2925 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
| Equity | €98k |
| Net result | €41k |
| Staff (FTE) | 7.8 |
| Better than sector | 45% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 28.4% | 32.6% | |
| Net result | €41k | €26k | |
| Equity | €98k | €140k | |
| Gross operating margin | €502k | €395k | |
| Staff costs | €420k | €298k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €81k | €32k | €77k | €59k |
| Net profit | €41k | €4k | €50k | €71k |
| Cash flow | €61k | €24k | €71k | €97k |
| Staff costs | €420k | €369k | €307k | €149k |
| Income taxes | €14k | €2k | €360 | - |
| Dividends | €150k | - | - | - |
| Total assets | €344k | €283k | €382k | €387k |
| Equity | €98k | €207k | €203k | €153k |
| Debt | €247k | €76k | €179k | €234k |
| of which ≤ 1y | €247k | €76k | €97k | €120k |
| of which > 1y | - | €0 | €82k | €115k |
| Working capital | €42k | €150k | €213k | €181k |
| Employees (FTE) | 7.8 | 7.4 | 7.0 | 5.8 |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.17 | 2.97 | 3.20 | 2.51 |
| Quick ratio | 0.68 | 1.24 | 1.82 | 1.35 |
| Working capital ratio | 12.3% | 53.2% | 55.9% | 46.7% |
| Solvency | 28.4% | 73.1% | 53.1% | 39.5% |
| Debt / equity | 2.52 | 0.37 | 0.88 | 1.53 |
| Long-term debt ratio | - | 0.00 | 0.41 | 0.75 |
| Interest coverage | 10.48 | 4.57 | 10.35 | 9.92 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 12.0% | 1.4% | 13.0% | 18.4% |
| ROE | 42.1% | 1.9% | 24.5% | 46.6% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €344k | €283k | €382k | €387k |
| Fixed assets | 21/28 | €55k | €56k | €72k | €87k |
| Tangible fixed assets | 22/27 | €55k | €56k | €72k | €87k |
| Current assets | 29/58 | €289k | €227k | €310k | €301k |
| Stocks & contracts in progress | 3 | €123k | €132k | €133k | €139k |
| Amounts receivable within one year | 40/41 | €81k | €30k | €3k | €9k |
| Cash & bank | 54/58 | €85k | €63k | €173k | €152k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €344k | €283k | €382k | €387k |
| Equity | 10/15 | €98k | €207k | €203k | €153k |
| Contributions / capital | 10/11 | €63k | €63k | €63k | €63k |
| Reserves | 13 | €35k | €144k | €140k | €90k |
| Accumulated profits (losses) | 14 | €0 | - | - | - |
| Amounts payable | 17/49 | €247k | €76k | €179k | €234k |
| Amounts payable after one year | 17 | - | €0 | €82k | €115k |
| Amounts payable within one year | 42/48 | €247k | €76k | €97k | €120k |
| Trade debts payable within one year | 44 | €52k | €24k | €12k | €46k |
| Income statement | |||||
| Gross operating margin | 9900 | €502k | €402k | €387k | €211k |
| Operating result | 9901 | €61k | €11k | €56k | €33k |
| Financial income | 75 | €2k | €2k | €1k | €44k |
| Financial charges | 65 | €8k | €7k | €7k | €6k |
| Result before taxes | 9903 | €56k | €6k | €50k | €71k |
| Income taxes | 67/77 | €14k | €2k | €360 | - |
| Net result for the period | 9904 | €41k | €4k | €50k | €71k |
| Result to be appropriated | 9905 | €41k | €4k | €50k | €71k |
-
DE MERGPIJP BVLegal entityManaging director· perm. rep.: Dave DierickxState Gazette act 25111403 (03-09-2025)Current03-09-2025 → present
-
Nick CludtsDirectorState Gazette act 25111403 (03-09-2025)Current01-07-2025 → present
| NACE primary | Full-service restaurants(56111) |
| Legal form | Public limited company(014) |
| Incorporation | 21-04-2005 |
| Status | Active |
| Postal code | 2000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3654/00B002 | Flanders | 137 m² | 1 · 75 m² | 17.1 m · 5 fl. |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
03-09-2025 3 directors appointed
- Nick Cludts, Bestuurder
- Dave Dierickx, Gedelegeerd bestuurder
- Nick Cludts, Gedelegeerd bestuurder
Technical details
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}| Legal nameNL | ALGOMAS |