Equity
€657,104 ▲ 13.8%
ALGROB has made a profit without a break since 2016.
ALGROB
Lifetime
19 annual accounts with figures on one time axispeak €411,344 (2022)
€402,188▲ 16.5%
lowest -€10,732 (2015)
€123,151▲ 90.0%
peak €657,104 (2025)
€657,104▲ 13.8%
€258,506▼ 20.4%
peak 3 FTE (2023)
3 FTEunchanged
Board2 names since 2021
2 directorsSCHEERS Bart and 1 other
Documentsfilings and deeds
25-06-202636 days before the deadline
2025abbreviated format
Gross margin from €345,132 to €402,188Result from €64,831 to €123,151Equity from €577,573 to €657,104Debts from €324,629 to €258,506
Key points
from the 2025 annual accountsResult
€123,151 ▲ 90.0%
The result rose in 2025 from €64,831 to €123,151.
Turnover
≈ €860,000 estimated
The accounts state no turnover.
Liquidity
3.37 was 2.63 in 2024
Short-term debts fell from €289,632 to €244,883.
Filings
19 annual accounts since 2007
Eight of the last ten came late. The 2018 accounts came latest: 57 days after the end of the period.
Position in the sector
€123,151
Higher net result than 82% of companies in construction of buildings. Sector median €19,043 · 2,810 companies.
Checked score
94
Excellent
Financially stronger than 72% of micro companies in construction of buildings (NACE 41)
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: 1.5% across 13,458 companies (NACE 41, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.2%▼ -0.2 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 3.37, cash €263,583
Equity €657,104 (71.8% of total assets)
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 41, micro). It does better than 81% of them on solvency, 79% on liquidity, 69% on profitability and 58% 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, 31,368 companies had the same profile as ALGROB has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALGROB itself: 0.1% within 12 months.
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 31,368 companies, not a prediction for ALGROB. 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 €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.37 (2.63 in 2024), above the usual 1.5. Short-term debt is 26.7% and cash 28.8% of total assets. 28.2% 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
Five signals.
lowers riskraises riskneutral
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 days early
2024
33 days late
2023
on the day
2022
31 days late
2021
31 days late
2020
31 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- SCHEERS Bart 930 sharesdeed of 18-12-2023
- VERHASSELT Bart Emiel Maria 930 sharesdeed of 18-12-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0879470987
1 director appointed
Change of role: SCHEERS Bart, from manager to director · Appointment: VBS INVEST (director) · Permanent representatives: VERHASSELT Bart Emiel Maria and SCHEERS Bart · General meeting of 08-12-2023 · Gazette deed
First establishment
Breemputstraat 190, Vilvoorde
Incorporation
published on 02-03-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ALGROB Vilvoorde | €0.9m | €402,188 | 71.8% | 3 |
| ERWIN KERKHOVE Zedelgem | €0.8m | €388,798 | 94.9% | 2.8 |
| LABEL RENOVATION Anderlecht | €1.0m | €414,271 | 44.5% | 2.9 |
| VAN EENOO - DE MEYER Deinze | €0.9m | €358,103 | 63.6% | 2.8 |
| COR-BO Rotselaar | €0.8m | €327,223 | 33.4% | 2.3 |
| algemene bouwonderneming boschmans en zonen Pajottegem | €0.7m | €312,114 | 66.8% | 2 |
| Van Goidsenhoven & Zoon Bekkevoort | €0.6m | €424,110 | 37.7% | 4 |
These companies have the same main activity as ALGROB: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €618,000 and €1m, founded between 2000 and 2009.
Official details
Source: KBO- Status
- Active since 10-02-2006Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.153.222.6281800 Vilvoorde, since 18-04-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Annual accounts 2025
- €915,610▲ 1.5%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 25-06-2026, 36 days before the end of the filing period
Insights on ALGROB
ALGROB files the abbreviated format. That format states no turnover. The gross margin rose from €115,826 in 2007 to €402,188 in 2025.
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 ALGROB
- What is the company number of ALGROB?
- The company number of ALGROB is 0879.470.987. The VAT number is the same number with BE in front: BE 0879.470.987.
- Where is ALGROB based?
- The registered office is at Breemputstraat 190, 1800 Vilvoorde.Company details
- What does ALGROB do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of ALGROB?
- ALGROB is a private limited company (BV).
- When was ALGROB founded?
- ALGROB was founded on 10-02-2006.
- Is ALGROB still active?
- Yes, ALGROB is an active enterprise in the KBO register.
- How many employees does ALGROB have?
- ALGROB had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ALGROB?
- The turnover in financial year 2025 is ≈ €860,000. This figure is estimated from the gross margin of €402,188 and 30 comparable companies (NACE 41001). It probably lies between €690,000 and €1.3m. In financial year 2020 turnover was €913,020.
- Is ALGROB profitable?
- In financial year 2025, ALGROB made a profit of €123,151.
- Where can I find the annual accounts of ALGROB?
- ALGROB filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ALGROB due?
- ALGROB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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