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Complete company report
Generated 15-07-2026
Active BE 0781.289.567Private limited company

ALGRO CONCEPT

· 4 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of ALGRO CONCEPT is 2.8% (moderate). The 2024 annual accounts show equity of €196k and a net result of €27k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €196k
Net result €27k
Active 4 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health68Profitability70Solvency33Growth78Stability94
69 / 100

Strong profile, led by stability.

Health 68
Profitability 70
Solvency 33
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
2.8% Moderate
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
68 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 12-04-2026 with the NBB · fiscal year 2024 · micro
€0€250k€500k€750k€1.00MRevenue 2022: €882k€882kOperating result 2022: €34k€34kNet result 2022: €22k€22kOperating result 2024: €29k€29kNet result 2024: €27k€27k20222024
RevenueOperating resultNet result
Revenue
€882k
- 22-24
EBITDA
€34k
- 22-24
Net profit
€27k
+26.4% 22-24
Cash flow
€22k
- 22-24
Total assets
€925k
+936.2% 22-24
Equity
€196k
+761.9% 22-24
Working capital
€175k
+697.5% 22-24
Employees (FTE)
3
- 22-24
Staff costs
€45
-99.9% 22-24
Income taxes
€1k
-87.4% 22-24
Debt
€729k
+995.6% 22-24
Debt ≤ 1y
€729k
+995.6% 22-24
Current ratio
1.24
-6.7% 22-24
Quick ratio
1.24
-6.7% 22-24
Solvency
21.2%
-16.8% 22-24
Debt / equity
3.73
+27.1% 22-24
ROE
14.0%
-85.3% 22-24
ROA
3.0%
-87.8% 22-24
Net margin
2.5%
- 22-24
EBITDA margin
3.8%
- 22-24
Interest coverage
34.89
- 22-24
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA-
Net profit€27k
Cash flow-
Staff costs€45
Income taxes€1k
Dividends-
Total assets€925k
Equity€196k
Debt€729k
of which ≤ 1y€729k
of which > 1y-
Working capital€175k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.24
Quick ratio1.24
Working capital ratio18.9%
Solvency21.2%
Debt / equity3.73
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA3.0%
ROE14.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€925k
Fixed assets 21/28€21k
Tangible fixed assets 22/27€21k
Current assets 29/58€904k
Amounts receivable within one year 40/41€887k
Cash & bank 54/58€17k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€925k
Equity 10/15€196k
Contributions / capital 10/11€1k
Accumulated profits (losses) 14€195k
Amounts payable 17/49€729k
Amounts payable within one year 42/48€729k
Trade debts payable within one year 44€119k
Income statement
Gross operating margin 9900€29k
Operating result 9901€29k
Financial charges 65€10
Result before taxes 9903€29k
Income taxes 67/77€1k
Net result for the period 9904€27k
Result to be appropriated 9905€27k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation28-01-2022
StatusActive
Postal code-
Establishment units 1 location
ALGRO CONCEPT
Algemene bouw van residentiële gebouwen
since 20222.328.349.594
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0041/00F000 Flanders 7,975 m² 1 · 1,789 m² -
23016D0183/00S000 Flanders 678 m² 1 · 260 m² 13.1 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
12-04-2026
NBB filing Annual accounts filed
fiscal year 2024 · micro
2025
09-07-2025
State Gazette act Director changes
2023
14-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2025
09-07-2025 1 director appointed, 1 resigning Director changes
  • Baltag Andrei, Bestuurder
  • Dorot Alex, Bestuurder
Technical details 
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  "notary": {
    "name": null,
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    "office_city": "Brussel",
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  },
  "act_meta": {
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    "filing_date": "2025-07-02",
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  },
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  "is_correction": false,
  "subject_company": {
    "kbo": "0781.289.567",
    "name_full": "ALGRO CONCEP\u0422",
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL ALGRO CONCEPT
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative