The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Filing: One annual filing is missing
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as ALGORO: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €452,000 and €848,000, founded between 2002 and 2009.
The company number of ALGORO is 0476.925.343. The VAT number is the same number with BE in front: BE 0476.925.343.
Where is ALGORO based?
The registered office is at Louis Lepoutrelaan 98, 1050 Ixelles.Company details
What does ALGORO do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of ALGORO?
ALGORO is a private limited company (BV).
When was ALGORO founded?
ALGORO was founded on 18-02-2002.
Is ALGORO still active?
Yes, ALGORO is an active enterprise in the KBO register.
What is the turnover of ALGORO?
The turnover in financial year 2024 is ≈ €14,000. This figure is estimated from the gross margin of €2,927 and 54 comparable companies (NACE 64210). It probably lies between €7,200 and €25,000. It is a rough estimate.Financials
Is ALGORO profitable?
In financial year 2024, ALGORO made a profit of €2,373.
Where can I find the annual accounts of ALGORO?
ALGORO filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2024.