Starting capital
€5,000 100 shares
ALGORITHMIC ARTS
Overview
Lifetime
2 annual accounts with figures on one time axispeak €27,340 (2024)
-€1,179▼ €28,518
lowest -€3,324 (2025)
-€3,324▼ €24,077
peak €25,753 (2024)
€22,429▼ 12.9%
€5,835▼ 37.4%
Board1 name since 2024
1 directorFISH Maarten Derrick
Documentsfilings and deeds
14-09-202645 days late
2025abbreviated format
Gross margin from €27,340 to -€1,179Loss of €3,324Equity from €25,753 to €22,429Debts from €9,316 to €5,835Cash from €18,782 to €11,063
Key points
from the 2025 annual accountsPosition in the sector
79.4%
Higher solvency than 80% of companies in computer programming and consultancy. Sector median 46.4% · 3,405 companies.
2025 accounts filed 45 days after the deadlineTurnover not published (abbreviated or micro format)
Checked score
94
Excellent
Financially stronger than 51% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 0.4%
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025highest value
08-2025: 0.4%● unchanged vs 07-2025highest value
09-2025: < 0.1%▼ -0.4 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: 0.1%▲ +0.1 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.2%▲ +0.1 percentage points vs 08-2026
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 45 days late; 1 of the last 3 accounts late
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 3.10, cash €11,063
Size: total assets €28,263
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 (NACE 62, micro). It does better than 85% of them on solvency, 80% on liquidity, 11% on profitability and 29% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,223 companies had the same profile as ALGORITHMIC ARTS has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ALGORITHMIC ARTS itself is lower: 0.1% within 12 months. It rests on far more data about ALGORITHMIC ARTS than the profile alone.
Test of the method
The method was tested on the 497,447 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 3,223 companies, not a prediction for ALGORITHMIC ARTS. 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
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.1 (2.78 in 2024), above the usual 1.5. Short-term debt is 20.6% and cash 39.1% of total assets. 20.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 45 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
45 days late
2024
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 23 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1005053127
Incorporation
Founding capital of €5,000, 100 shares · Founder: FISH Maarten Derrick · Appointment: FISH Maarten Derrick (director) · published on 25-01-2024 · Gazette deed
First establishment
Ridder van Ranstlei 94, Mortsel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALGORITHMIC ARTS Mortsel | €28,263 | -€1,179 | 79.4% | - |
| GLOBI Inc. Antwerp | €27,718 | -€6,296 | 72.9% | - |
| Kurafuto Mechelen | €34,028 | -€9,214 | 82.4% | - |
| Pixel Path Edegem | €30,412 | -€16,679 | 52.2% | - |
| IUNA CONSULTING Brussels | €29,081 | -€8,750 | 41.5% | - |
| Maene Consulting Brussels | €30,038 | €66 | 82.8% | - |
| Tomme Consulting Huldenberg | €27,438 | -€27,758 | -120.5% | - |
These companies have the same main activity as ALGORITHMIC ARTS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €27,400 and €34,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 23-01-2024Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 5 others
- Establishment unit
- 2.355.235.1252640 Mortsel, since 23-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2025
Annual accounts 2025
- -€1,179
- €3,324
- €22,429▼ 12.9%
- €28,263▼ 19.4%
- Filing
- Filed on 14-09-2026
Insights on ALGORITHMIC ARTS
ALGORITHMIC ARTS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,429 and a net result of -€3,324.
Its solvency ranks better than 80% of 3,405 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 14-09-2026, 45 days late-€1,179
▼ €28,518
-€3,724
▼ €30,309
-€3,324
▼ €24,077
€12,235
▼ 26.2%
79.4%
▲ 5.9 percentage points
3.10
▲ 0.32
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €28,263 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
79.4%
Higher than 80% of 3,405 companies in 2025.
3.10
Higher than 69% of 3,266 companies in 2025.
-11.8%
Higher than 14% of 3,314 companies in 2025.
ALGORITHMIC ARTS
Middle half of the sector
80% of the sector
Abbreviated accounts in computer programming and consultancy (NACE 62)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
28,263 | 35,069 | |
21/28 |
10,194 | 9,164 | |
22/27 |
10,194 | 9,164 | |
23 |
6,452 | 8,133 | |
24 |
3,741 | 1,031 | |
29/58 |
18,070 | 25,905 | |
40/41 |
5,332 | 7,122 | |
40 |
5,332 | 7,122 | |
54/58 |
11,063 | 18,782 | |
490/1 |
1,675 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
28,263 | 35,069 | |
10/15 |
22,429 | 25,753 | |
10/11 |
5,000 | 5,000 | |
10 |
5,000 | 5,000 | |
100 |
5,000 | 5,000 | |
14 |
17,429 | 20,753 | |
17/49 |
5,835 | 9,316 | |
42/48 |
5,835 | 9,316 | |
44 |
1,067 | - | |
440/4 |
1,067 | - | |
45 |
2,837 | 7,408 | |
450/3 |
2,837 | 7,408 | |
47/48 |
1,932 | 1,908 | |
| Income statement | |||
9900 |
-1,179 | 27,340 | |
630 |
2,276 | 637 | |
640/8 |
270 | 118 | |
9901 |
-3,724 | 26,584 | |
65/66B |
78 | 42 | |
65 |
78 | 42 | |
9903 |
-3,802 | 26,542 | |
67/77 |
-478 | 5,789 | |
9904 |
-3,324 | 20,753 | |
9905 |
-3,324 | 20,753 | |
| Appropriation of the result | |||
9906 |
17,429 | 20,753 | |
14P |
20,753 | - | |
| Document | |||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 14-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 45 days after the deadline. Filed on 14 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00512470.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -1,449 | 27,222 | ||
| -1,049 | 21,390 | ||
| 3,305 | 9,802 | ||
| -7,720 | - | ||
| 12,235 | 16,589 | ||
| 79.4% | 73.4% | ||
| 3.10 | 2.78 | ||
| 0.26 | 0.36 | ||
| -14.8% | 80.6% | ||
| -11.8% | 59.2% | ||
| -18.57 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €3,305 | €9,802 |
| €2,276 | €637 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on ALGORITHMIC ARTS
The operating result for 2025 is a loss of €3,724, after a profit of €26,584 in 2024.
Debt's share of the balance-sheet total falls from 26.6% to 20.6%. Equity and debt are lower.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 25-01-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 14-09-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 25-01-2024
Mandates through the years
1 name, the dashed line is todayFISH Maarten Derrick
Director
Director
Board
Mandates as a list
- FISH Maarten Derrick
- Director, appointed by deed of 25-01-2024, still in office
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €224 in 2025
- Source
- deed of 25-01-2024
Articles of association
deed of 25-01-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of June at 18:00
Shareholders
At incorporation
deed of 25-01-2024 ↗
- FISH Maarten Derrick 100 shares (100%) · €5,000 in cash
Network & group
No group
ALGORITHMIC ARTS has no parent and no holdings in its annual accounts. FISH Maarten Derrick is the only director. ALGORITHMIC ARTS shares no director with another company.
At the same address
Ridder van Ranstlei 94, 2640 Mortsel · 2 other companies| Rombaut, Sven (sole trader)
establishment since 01-04-2022 |
founded in 2022 0784.401.287 |
| Vereniging van Mede-eigenaars van het gebouw Ridder van Ranstlei 94-96 te Mortsel
registered office since 27-04-2011 |
founded in 2011 0837.617.863 |
Timeline
Timeline
5 events since 2024Filings
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 45 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1005053127
Annual accounts 2024 filed PDFmicro format · on the deadline day
2024
IncorporationFounding capital of €5,000, 100 shares · Founder: FISH Maarten Derrick · Appointment: FISH Maarten Derrick (director) · published on 25-01-20244 points ▸
- Founder, FISH Maarten Derrick, mentioned twice in the deed
- Founding capital, €5,000, 100 shares
- Director appointment, FISH Maarten Derrick
- Permanent representative, FISH Maarten Derrick
First establishment Ridder van Ranstlei 94, Mortsel
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 23 January 2024, ALGORITHMIC ARTS was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 FISH Maarten Derrick is director of the company, appointed by deed of 25-01-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1005.053.127
- VAT number
- BE 1005.053.127
- Peppol ID
- 0208:1005053127
- Other Peppol ID
- 9925:BE1005053127
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-01-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of June at 18:00deed of 25-01-2024 (in Dutch)
- Peppol
- Reachable since 24-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ALGORITHMIC ARTS in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 25-01-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Ridder van Ranstlei 94 bus 4, 2640 Mortsel”deed of 25-01-2024 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
32400
Other manufacturing
58210
Publishing activities
Codes under NACEBEL 2008
62020
IT consultancy main activity
18200
Printing and reproduction of recorded media
26200
Manufacture of computer, electronic and optical products
32400
Other manufacturing
58210
Publishing activities
58290
Publishing activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Computerconsultancy-activiteiten; Uitgeven van computerspellen; Uitgeven van software; Uitgeven van muziekopnamen; Ontwerpen en programmeren…”deed of 25-01-2024 (in Dutch)
33 activities
- Computerconsultancy-activiteiten
- Uitgeven van computerspellen
- Uitgeven van software
- Uitgeven van muziekopnamen
- Ontwerpen en programmeren van games en computerprogramma’s
- Overige diensten ivm informaticatechnologie en computer
- 18.200 Reproductie van opgenomen media
- 26.200 Vervaardiging van computers en randapparatuur
- 26.510 Vervaardiging van meet-, controle- en navigatie-instrumenten en -apparatuur
- 26.600 Vervaardiging van bestralingsapparatuur en van elektromedische en elektrotherapeutische apparatuur
- 28.990 Vervaardiging van andere machines, apparaten en werktuigen voor specifieke doeleinden, n.e.g.
- 32.400 Vervaardiging van spellen en speelgoed
- 58.210 Uitgeverijen van computerspellen
- 58.290 Overige uitgeverijen van software
- 59.111 Productie van bioscoopfilms
- 59.112 Productie van televisiefilms
- 59.113 Productie van films, m.u.v. bioscoop- en televisiefilms
- 59.120 Activiteiten in verband met films en video- en televisieprogramma's na de productie
- 59.201 Maken van geluidsopnamen
- 62.010 Ontwerpen en programmeren van computerprogramma's
- 62.020 Computerconsultancy-activiteiten
- 62.090 Overige diensten op het gebied van informatietechnologie en computer
- 63.110 Gegevensverwerking, webhosting en aanverwante activiteiten
- 63.990 Overige dienstverlenende activiteiten op het gebied van informatie, n.e.g
- 72.110 Speur- en ontwikkelingswerk op biotechnologisch gebied
- 72.190 Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
- 72.200 Speur- en ontwikkelingswerk op het gebied van de maatschappij- en geesteswetenschappen
- 74.909 Overige gespecialiseerde wetenschappelijke en technische activiteiten
- 85.520 Cultureel onderwijs
- 85.599 Overige vormen van onderwijs
- 90.023 Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
- 90.029 Overige ondersteunende activiteiten voor de uitvoerende kunsten
- 90.031 Scheppende kunsten, m.u.v. ondersteunende diensten
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Ridder van Ranstlei 94 registered office 2640 Mortsel | 23-01-2024 | 2.355.235.125 |
Buildings and parcels at the address
- Ground area
- 283 m²
- Buildings
- 163 m²
- Volume, LiDAR
- 1,326 m³
- Tallest building
- 9.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11513C0004/00X006 | 283 m² | 1 · 163 m² | 9.2 m · 3 |