ALGROB
ActiveSummary
ALGROB has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €578k and a net result of €65k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 2096 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▲+14
Solvency89▼-4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.63 against 3.3 in 2023; short-term debt: 32.1% and cash: 24.6% of total assets), and 36% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-09-2025, 33 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
33 d late
2023
on the day
2022
31 d late
2021
31 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€913k
EBIT margin
16.1%
Net result
€65k▲ 118%
2023 · €30k
2018: €65k
2019: €60k
2020: €92k
2021: €117k
2022: €96k
2023: €30k
2018 → 2024
Working capital
€473k▲ 3.1%
2023 · €459k
2018: €211k
2019: €237k
2020: €292k
2021: €382k
2022: €465k
2023: €459k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€913k-
Equity€320k-€437k▲ 36.7%€533k▲ 21.9%€538k▲ 0.9%€578k▲ 7.4%
Operating result€147k-€151k▲ 3.1%€182k▲ 20.3%€92k▼ 49.4%€116k▲ 25.5%
Net result€92k-€117k▲ 28.1%€96k▼ 18.4%€30k▼ 69.0%€65k▲ 118%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 26% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €902k
Fixed assets
€140k ▲ 3.8%
Current assets
€763k ▲ 15.8%
Equity and liabilities €902k
Equity
€578k ▲ 7.4%
Debt
€325k ▲ 27.3%
Debt's share of the balance-sheet total rises from 32.2% to 36.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€173k▲
2023 · €149k
Cash flow
€122k▲
2023 · €87k
Current ratio
2.63▼
2023 · 3.30
Debt to equity
0.56▲
2023 · 0.47
ROE
11.2%▲
2023 · 5.5%
ROA
7.2%▲
2023 · 3.7%
Interest coverage
4.08▲
2023 · 2.98
Debt ≤ 1 year
€290k▲
2023 · €200k
Debt > 1 year
€25k▼
2023 · €52k
Income taxes
€10k▼
2023 · €12k
Staff costs
€168k▲
2023 · €151k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€793k€902k▲
Fixed assets21/28€134k€140k▲
Tangible fixed assets22/27€134k€140k▲
Land and buildings22€1k€940▼
Plant, machinery and equipment23€35k€53k▲
Furniture and vehicles24€21k€35k▲
Leasing and similar rights25€78k€51k▼
Current assets29/58€658k€763k▲
Amounts receivable after more than one year29€90k€90k=
Other amounts receivable291€90k€90k=
Amounts receivable within one year40/41€272k€435k▲
Trade receivables40€240k€366k▲
Other amounts receivable41€32k€69k▲
Cash at bank and in hand54/58€173k€222k▲
Deferred charges and accrued income490/1€122k€16k▼
Equity and liabilities
Total equity and liabilities10/49€793k€902k▲
Equity10/15€538k€578k▲
Contributions10/11€19k€19k=
Reserves13€362k€362k=
Tax-exempt reserves132€6k€6k=
Distributable reserves133€356k€356k=
Profit (loss) carried forward14€157k€197k▲
Amounts payable17/49€255k€325k▲
Amounts payable after more than one year17€52k€25k▼
Financial debts170/4€52k€25k▼
Amounts payable within one year42/48€200k€290k▲
Current portion of amounts payable after more than one year42€27k€28k▲
Trade debts44€88k€113k▲
Suppliers440/4€88k€113k▲
Taxes, remuneration and social security45€25k€60k▲
Taxes450/3€5k€44k▲
Remuneration and social security454/9€20k€16k▼
Other amounts payable47/48€59k€89k▲
Accrued charges and deferred income492/3€3k€10k▲
Income statement
Code20232024
Remuneration, social security and pensions62€151k€168k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€57k▼
Other operating charges640/8€6k€4k▼
Gross operating margin9900€307k€345k▲
Operating profit (loss)9901€92k€116k▲
Financial income75/76B€126€2k▲
Recurring financial income75€126€2k▲
Financial charges65/66B€50k€42k▼
Recurring financial charges65€50k€42k▼
Profit (loss) for the period before taxes9903€42k€75k▲
Income taxes67/77€12k€10k▼
Profit (loss) for the period9904€30k€65k▲
Profit (loss) for the period to be appropriated9905€30k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€182k€222k▲
Profit (loss) brought forward from the previous period14P€152k€157k▲
Profit to be distributed694/7€25k€25k=
Directors or managers695€25k€25k=
Social balance
Average headcount (FTE)90873.03.0=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 33 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €30k ▼69%
Net result drops to €30k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Equity above €500kEq €533k ▲21.9%
5 profitable years in a row build equity to €533k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €117k ▲28.1%
Net result €117k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Equity above €200kEq €228k ▲35.4%
2 profitable years in a row build equity to €228k.
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
04-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 96 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Vilvoorde · 1 establishment unit since 2006
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.
Breemputstraat 1901800 VilvoordeGround area
231 m²
Building footprint
268 m²
Volume, LiDAR
1,227 m³
Parcel 23645C0040/00C000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALGROB
since 20062.153.222.628
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23645C0040/00C000 | Flanders | 231 m² | 1 · 268 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 132 EUR awarded · 132 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 132 EUR | 132 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
254900X9W41907QV8O95
Similar companies · same sector, comparable size
ETABO
BE 0405.003.308
Sint-Gillis-Waas · Eq €577,445
FAYS
BE 0672.421.321
Courcelles · Eq €578,024
VANDEZANDE
BE 0474.287.240
Oud-Heverlee · Eq €576,864
VEVA BOUWPROJECTEN
BE 0864.535.066
Waregem · Eq €578,631
LE CASTOR VB
BE 0456.323.038
Grimbergen · Eq €578,962
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 8,667 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.