Equity
€144,729 ▼ 15.1%
ALGONEG paid out €44,908 in dividends. That is 234% of the 2025 profit.
ALGONEG
Lifetime
18 annual accounts with figures on one time axispeak €129,763 (2015)
€68,366▲ 8.0%
lowest -€3,722 (2019)
€19,229▲ 76.2%
peak €204,338 (2022)
€144,729▼ 15.1%
€221,758▼ 15.8%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
11-12-202551 days before the deadline
2025micro format
Result from €10,916 to €19,229Dividend €44,908Equity from €170,409 to €144,729Debts from €263,254 to €221,758
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,721 companies had the same profile as ALGONEG has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 34,721 companies, not a prediction for ALGONEG. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- annual accounts 30-06-2018
- annual accounts 30-06-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0887159327
Changes of role: (director) and (director)
Director discharge: · Director discharge: · Gazette deed
First establishment
Leyssenhofweg 16, Peer
Incorporation
published on 20-02-2007 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALGONEG Peer | €377,529 | €68,366 | 38.3% | - |
| FIOS Bocholt | €328,800 | €69,551 | 67.7% | - |
| GLOBAL FAIR & CONSTRUCT Lanaken | €365,364 | €90,771 | 2.7% | 1 |
| VAN DE CAPPELLE PHILIP Bruges | €371,409 | €75,854 | 48.8% | - |
| MECALOG Manage | €429,521 | €72,987 | 38.2% | - |
| IZR-werken Houthulst | €375,137 | €80,122 | 61.7% | - |
| DECLINOX CONSTRUCTION Moorslede | €337,815 | €83,476 | 68.6% | - |
These companies have the same main activity as ALGONEG: machining of metals (NACE 25530). They are comparable in size and age: total assets between €329,000 and €430,000, founded between 2005 and 2008.
Official details
Source: KBO- Status
- Active since 08-02-2007Normal situation
- Activity
- Machining of metalsNACE 25530and 2 others
- Establishment unit
- 2.160.384.7903990 Peer, since 12-02-2007
- Financial year end
- 30 June
- Peppol
- Reachable since 17-11-2025
Annual accounts to 30-06-2025
- €377,529▼ 16.1%
- Filing
- Filed on 11-12-2025, 51 days before the end of the filing period
Insights on ALGONEG
ALGONEG files the micro format. That format states no turnover. The gross margin rose from €45,175 in 2008 to €68,366 in 2025.
The balance sheet grew most from 2014 to 2016 through fixed assets.
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 ALGONEG
- What is the company number of ALGONEG?
- The company number of ALGONEG is 0887.159.327. The VAT number is the same number with BE in front: BE 0887.159.327.
- Where is ALGONEG based?
- The registered office is at Leyssenhofweg 16, 3990 Peer.Company details
- What does ALGONEG do?
- According to the KBO register, the main activity is machining of metals (NACE 25530).
- What is the legal form of ALGONEG?
- ALGONEG is a private limited company (BV).
- When was ALGONEG founded?
- ALGONEG was founded on 08-02-2007.
- Is ALGONEG still active?
- Yes, ALGONEG is an active enterprise in the KBO register.
- What is the turnover of ALGONEG?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €68,366 and 2,662 comparable companies of the same size. It probably lies between €140,000 and €360,000. It is a rough estimate.Financials
- Is ALGONEG profitable?
- In financial year 2025, ALGONEG made a profit of €19,229.
- Where can I find the annual accounts of ALGONEG?
- ALGONEG filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALGONEG due?
- ALGONEG must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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