ALGROBO
Open bankruptcyA bankruptcy procedure is open for ALGROBO according to publications in the Belgian State Gazette; curator: MARGA PIETERS.
Summary
The 2020 annual accounts show equity of €2.3m and a net result of -€43,904.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Dendermonde division
- Declared bankrupt
- 13 June 2022
- Supervising judge
- Dirk Nevens
- Official Gazette
- 20-06-2022 (pdf) ↗search the document for 2022/122956
Curator
- Marga PietersAffligemdreef 144, 9300 Aalstmarga.pieters@telenet.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Embed in an article
Writing about this bankruptcy? Put the card of ALGROBO in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-10-2021, 89 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
not filed
2023
not filed
2022
not filed
2021
not filed
2020
89 d late
2019
237 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 163 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Other cleaning activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, abbreviated schema
Equity
€2.3m▼ 1.9%
2019 · €2.3m
Total assets
€7.8m▲ 5.7%
2019 · €7.3m
Net result
-€43,904▲ 84.0%
2019 · -€274,357
Working capital
€2.0m▼ 3.0%
2019 · €2.1m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€76,292--€252,795-€56,012▲ 77.8%
Net result-€25,706--€274,357▼ 967%-€43,904▲ 84.0%
Equity€2.6m-€2.3m▼ 10.6%€2.3m▼ 1.9%
Total assets€6.5m-€7.3m▲ 12.4%€7.8m▲ 5.7%
Debt€4.0m-€5.0m▲ 27.5%€5.5m▲ 9.2%
Working capital€2.3m-€2.1m▼ 10.2%€2.0m▼ 3.0%
Staff (FTE)39.2-30.1▼ 23.2%25.7▼ 14.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2020 Net result +84% on 2019. Cause not known from the registers.
- 2019 Net result -967% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €56,012 in 2020 against €252,795 in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €7.8m
Fixed assets
€231,423 ▲ 9.3%
Current assets
€7.5m ▲ 5.6%
Equity and liabilities €7.8m
Equity
€2.3m ▼ 1.9%
Debt
€5.5m ▲ 9.2%
Debt's share of the balance-sheet total rises from 68.6% to 70.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4,018▲
2019 · -€184,375
Cash flow
€16,126▲
2019 · -€205,937
Current ratio
1.37▼
2019 · 1.42
ROE
-1.9%▲
2019 · -11.9%
ROA
-0.6%▲
2019 · -3.7%
Debt ≤ 1 year
€5.5m▲
2019 · €5.0m
Income taxes
€86
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,092 | €68,420 | €60,030 | ▼ 12.3% |
| Gross operating margin9900 | €1.7m | €1.9m | €1.2m | ▼ 38.6% |
| Operating profit (loss)9901 | €76,292 | -€252,795 | -€56,012 | ▲ 77.8% |
| Recurring financial income75 | €8,236 | €9,171 | €36,317 | ▲ 296% |
| Recurring financial charges65 | €97,931 | €30,733 | €24,123 | ▼ 21.5% |
| Profit (loss) for the period before taxes9903 | -€13,404 | -€274,357 | -€43,818 | ▲ 84.0% |
| Income taxes67/77 | €12,302 | - | €86 | - |
| Profit (loss) for the period9904 | -€25,706 | -€274,357 | -€43,904 | ▲ 84.0% |
| Profit (loss) for the period to be appropriated9905 | -€25,706 | -€274,357 | -€43,904 | ▲ 84.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €6.5m | €7.3m | €7.8m | ▲ 5.7% |
| Fixed assets21/28 | €248,501 | €211,710 | €231,423 | ▲ 9.3% |
| Tangible fixed assets22/27 | €243,469 | €206,678 | €226,391 | ▲ 9.5% |
| Financial fixed assets28 | €5,032 | €5,032 | €5,032 | = |
| Current assets29/58 | €6.3m | €7.1m | €7.5m | ▲ 5.6% |
| Stocks and contracts in progress3 | €282,275 | €963,814 | €1.2m | ▲ 27.3% |
| Amounts receivable within one year40/41 | €5.9m | €4.7m | €2.6m | ▼ 43.9% |
| Cash at bank and in hand54/58 | €79,421 | €148,487 | €227,637 | ▲ 53.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €6.5m | €7.3m | €7.8m | ▲ 5.7% |
| Equity10/15 | €2.6m | €2.3m | €2.3m | ▼ 1.9% |
| Contributions10/11 | €86,763 | €86,763 | €86,763 | = |
| Reserves13 | €8,676 | €2.2m | €2.2m | ▼ 2.0% |
| Profit (loss) carried forward14 | €2.5m | €2.5m | €2.5m | ▼ 1.0% |
| Amounts payable17/49 | €4.0m | €5.0m | €5.5m | ▲ 9.2% |
| Amounts payable within one year42/48 | €4.0m | €5.0m | €5.5m | ▲ 9.2% |
| Trade debts44 | €319,240 | €490,394 | €853,191 | ▲ 74.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€25,706 | -€274,357 | -€43,904 | ▲ 84.0% |
| + Depreciation and write-downs630 | €64,092 | €68,420 | €60,030 | ▼ 12.3% |
| Operating cash flow (approximation) | €38,386 | -€205,937 | €16,126 | ▲ 108% |
| Investment in fixed assets (approximation) | - | -€31,629 | -€79,743 | ▼ 152% |
| Change in cash | - | €69,066 | €79,150 | ▲ 14.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
20-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 13-06-2022
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
25-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 237 days late
2019
31-12
Financial
Weakest financial yearnet -€274,357
Net result drops to -€274,357, the lowest in the series.
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 47 days late
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 301 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 347 days late
2016
27-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 149 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
26-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 26 days late
2012
26-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 57 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
11 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, Laarne · 1 establishment unit since 1995
Ground area
2.0 ha
Building footprint
2,083 m²
Volume, LiDAR
13,827 m³
Parcel 42010B1073/00C000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALGROBO NV
since 19952.069.761.254
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42010B1073/00C000 | Flanders | 2.0 ha | 1 · 2,083 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARGA PIETERS AFFLIGEMDREEF 144, 9300 AALST- |
13-06-2022 → present |
Similar companies · same sector, comparable size
DcPools
BE 0891.654.385
Gavere · Eq €2,229,955
DE BOECK SLOOPWERKEN
BE 0598.765.954
Dendermonde · Eq €2,181,987
EPACCO
BE 0808.582.892
Wevelgem · Eq €2,111,546
TSA PORT
BE 0403.803.377
Antwerpen · Eq €2,439,129
HYDRO CLEANING INTERNATIONAL
BE 0430.983.371
Antwerpen · Eq €2,443,178
Of 1,706 companies in sector 81230 we hold annual accounts for 473. 139 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-12-1994
Fiscal year end31-12
Activities, NACEBEL 2025
81230Other cleaning activities
02400Forestry and logging
43120Site preparation
43221Plumbing work
81300Landscape service activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.