ALGORISK
ActiveSummary
ALGORISK has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134,841 and a net result of -€23,840. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 87% of 31840 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 8.58 against 14.7 in 2024; short-term debt: 10.9% and cash: 91.3% of total assets), and 10.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
1 d early
2022
on the day
2021
9 d late
2020
9 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€199,757
EBIT margin
52.5%
Net result
-€23,840
2024 · €74,317
Working capital
€125,402▼ 14.9%
2024 · €147,386
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€199,757
Operating result€104,804▲ 43.7%€84,887▼ 19.0%€88,229▲ 3.9%€95,815▲ 8.6%-€23,637
Net result€84,047▲ 44.3%€67,206▼ 20.0%€68,884▲ 2.5%€74,317▲ 7.9%-€23,840
EBIT margin52.5%
Equity€148,273▲ 131%€115,479▼ 22.1%€84,363▼ 26.9%€158,681▲ 88.1%€134,841▼ 15.0%
Total assets€188,302▲ 100%€242,019▲ 28.5%€225,758▼ 6.7%€169,436▼ 24.9%€151,374▼ 10.7%
Debt€40,030▲ 34.4%€126,540▲ 216%€141,395▲ 11.7%€10,756▼ 92.4%€16,533▲ 53.7%
Working capital€127,755▲ 102%€98,816▼ 22.7%€69,802▼ 29.4%€147,386▲ 111%€125,402▼ 14.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €23,637 after €95,815 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €151,374
Fixed assets
€9,439 ▼ 16.4%
Current assets
€141,935 ▼ 10.2%
Equity and liabilities €151,374
Equity
€134,841 ▼ 15.0%
Debt
€16,533 ▲ 53.7%
Debt's share of the balance-sheet total rises from 6.3% to 10.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€21,782▼
2024 · €99,082
Cash flow
-€21,984▼
2024 · €77,584
Current ratio
8.58▼
2024 · 14.70
Debt to equity
0.12▲
2024 · 0.07
ROE
-17.7%▼
2024 · 46.8%
ROA
-15.7%▼
2024 · 43.9%
Interest coverage
-165.32▼
2024 · 803.78
Debt ≤ 1 year
€16,533▲
2024 · €10,756
Income taxes
€70▼
2024 · €21,399
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €199,757 | - | - | - | - | - |
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €92,799 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,083 | €3,855 | €3,842 | €3,266 | €1,855 | ▼ 43.2% |
| Other operating charges640/8 | €348 | €0 | €732 | €831 | €400 | ▼ 51.9% |
| Gross operating margin9900 | €107,234 | €88,742 | €92,803 | €99,913 | -€21,382 | ▼ 121% |
| Operating profit (loss)9901 | €104,804 | €84,887 | €88,229 | €95,815 | -€23,637 | ▼ 125% |
| Financial income75/76B | €0 | €3 | €3 | €24 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | €3 | €3 | €24 | €0 | ▼ 100% |
| Financial charges65/66B | €43 | €159 | €129 | €123 | €132 | ▲ 6.9% |
| Recurring financial charges65 | €43 | €159 | €129 | €123 | €132 | ▲ 6.9% |
| Profit (loss) for the period before taxes9903 | €104,761 | €84,730 | €88,103 | €95,717 | -€23,769 | ▼ 125% |
| Income taxes67/77 | €20,714 | €17,524 | €19,218 | €21,399 | €70 | ▼ 99.7% |
| Profit (loss) for the period9904 | €84,047 | €67,206 | €68,884 | €74,317 | -€23,840 | ▼ 132% |
| Profit (loss) for the period to be appropriated9905 | €84,047 | €67,206 | €68,884 | €74,317 | -€23,840 | ▼ 132% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €188,302 | €242,019 | €225,758 | €169,436 | €151,374 | ▼ 10.7% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €20,518 | €16,663 | €14,561 | €11,295 | €9,439 | ▼ 16.4% |
| Tangible fixed assets22/27 | €20,518 | €16,663 | €14,561 | €11,295 | €9,439 | ▼ 16.4% |
| Furniture and vehicles24 | €6,413 | €4,047 | €1,859 | €256 | €63 | ▼ 75.4% |
| Other tangible fixed assets26 | €14,105 | €12,616 | €12,702 | €11,039 | €9,377 | ▼ 15.1% |
| Current assets29/58 | €167,784 | €225,356 | €211,197 | €158,142 | €141,935 | ▼ 10.2% |
| Amounts receivable within one year40/41 | €20,682 | €15,709 | €33,515 | €37,499 | €3,477 | ▼ 90.7% |
| Trade receivables40 | €19,502 | €15,000 | €30,721 | €33,911 | €2,000 | ▼ 94.1% |
| Other amounts receivable41 | €1,180 | €709 | €2,795 | €3,587 | €1,477 | ▼ 58.8% |
| Cash at bank and in hand54/58 | €146,920 | €209,646 | €177,501 | €120,346 | €138,131 | ▲ 14.8% |
| Deferred charges and accrued income490/1 | €183 | €0 | €181 | €297 | €326 | ▲ 9.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €188,302 | €242,019 | €225,758 | €169,436 | €151,374 | ▼ 10.7% |
| Equity10/15 | €148,273 | €115,479 | €84,363 | €158,681 | €134,841 | ▼ 15.0% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Profit (loss) carried forward14 | €142,273 | €109,479 | €78,363 | €152,681 | €128,841 | ▼ 15.6% |
| Amounts payable17/49 | €40,030 | €126,540 | €141,395 | €10,756 | €16,533 | ▲ 53.7% |
| Amounts payable within one year42/48 | €40,030 | €126,540 | €141,395 | €10,756 | €16,533 | ▲ 53.7% |
| Trade debts44 | €14,572 | €16,084 | €33,157 | €1,036 | €1,851 | ▲ 78.6% |
| Suppliers440/4 | €14,572 | €16,084 | €33,157 | €1,036 | €1,851 | ▲ 78.6% |
| Taxes, remuneration and social security45 | €25,144 | €10,152 | €7,790 | €9,569 | €1,420 | ▼ 85.2% |
| Taxes450/3 | €24,984 | €6,662 | €4,461 | €6,174 | €1,420 | ▼ 77.0% |
| Remuneration and social security454/9 | €160 | €3,489 | €3,329 | €3,395 | €0 | ▼ 100% |
| Other amounts payable47/48 | €314 | €100,305 | €100,448 | €151 | €13,262 | ▲ 8,705% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84,047 | €67,206 | €68,884 | €74,317 | -€23,840 | ▼ 132% |
| + Depreciation and write-downs630 | €2,083 | €3,855 | €3,842 | €3,266 | €1,855 | ▼ 43.2% |
| Operating cash flow (approximation) | €86,130 | €71,061 | €72,726 | €77,584 | -€21,984 | ▼ 128% |
| Investment in fixed assets (approximation) | - | €0 | -€1,740 | €0 | €0 | - |
| Change in cash | - | €62,727 | -€32,146 | -€57,154 | €17,785 | ▲ 131% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€23,840
Net result drops to -€23,840, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 10current ratio 14.70
Current ratio from 1.49 to 14.70; short-term debt falls from €141,395 to €10,756.
31-12
Financial
Equity above €150,000Eq €158,681 ▲88.1%
5 profitable years in a row build equity to €158,681.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Highest result since 2020net €84,047 ▲44.3%
Operating result €104,804, net result €84,047, both a record.
31-12
Financial
Equity above €100,000Eq €148,273 ▲131%
2 profitable years in a row build equity to €148,273.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Braine-l'Alleud · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Av des Tourterelles 361420 Braine-l'Alleud1 establishment unit
Algorisk
since 20202.301.999.050
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 40,884 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.