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ALGUMA

Active Private limited companyfounded 1993active for 32 yearsMinister Lefevrelaan 8, 8500 KortrijkKBO/BCE: BE 0451.460.863 #2 oldest company in Kortrijk, Energy sector

Lifetime

19 annual accounts with figures on one time axis, 32 filings since 1994
peak €50,910 (2025)
€50,910▲ 3.3%
lowest -€8,805 (2019)
€28,034▲ 6.0%
peak €138,978 (2025)
€138,978▲ 17.3%
€71,193▲ 24.9%
Board2 names since 2007
1 director
Documentsfilings and deeds
17-08-202617 days late
2025micro format
Equity from €118,444 to €138,978Debts from €56,997 to €71,193Cash from €40,159 to €76,899

Key points

from the 2025 annual accounts

Equity

€138,978 ▲ 17.3%

ALGUMA has made a profit without a break since 2022.

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

Seven of the last ten came late. The 2018 accounts came latest: 30 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as ALGUMA 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
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 ALGUMA. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0451460863
Change of role: , from statutory manager to statutory director Resignation: (manager) · “Het verwerven en aanhouden van participaties, in eender welke vorm, in alle bestaande of op te richten…” (deed in Dutch) · Director discharge: · General meeting of 16-08-2022 · Gazette deed
First establishment Minister Lefevrelaan 8, Kortrijk
Incorporation published on 28-12-1993 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
ALGUMA Kortrijk €0.2m €50,910 66.1% -
Malempré, la chaleur d'y vivre Manhay €0.5m €33,348 66.5% -
Brassart Eau Douce Mont-Saint-Guibert €0.09m €89,622 50.2% -
LA GLACIERE Sint-Gillis (bij-Brussel) €0.9m €431,722 57.0% 7.6
BIO-HEAT Ingelmunster €2.0m €531,585 91.5% -
Shark Ice Brussels €0.1m €66,528 21.8% -
TCIC Beerse €0.08m €15,614 60.1% -

These companies have the same main activity as ALGUMA: electricity, gas, steam and air conditioning supply (NACE 35300). They are comparable in size and age: total assets between €78,200 and €2m, founded between 1993 and 2021.

Official details

Source: KBO
Status
Active since 06-12-1993Normal situation
Activity
Electricity, gas, steam and air conditioning supplyNACE 35300
Establishment unit
2.064.780.9968500 Kortrijk, since 21-12-1993
Financial year end
31 December
Peppol
Reachable since 26-08-2025
Company details

Annual accounts 2025

€210,171▲ 19.8%
Filing
Filed on 17-08-2026
Financials

Insights on ALGUMA

ALGUMA files the micro format. That format states no turnover. The gross margin rose from -€6,151 in 2007 to €50,910 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 ALGUMA

What is the company number of ALGUMA?
The company number of ALGUMA is 0451.460.863. The VAT number is the same number with BE in front: BE 0451.460.863.
Where is ALGUMA based?
The registered office is at Minister Lefevrelaan 8, 8500 Kortrijk.Company details
What does ALGUMA do?
According to the KBO register, the main activity is electricity, gas, steam and air conditioning supply (NACE 35300).
What is the legal form of ALGUMA?
ALGUMA is a private limited company (BV).
When was ALGUMA founded?
ALGUMA was founded on 06-12-1993.
Is ALGUMA still active?
Yes, ALGUMA is an active enterprise in the KBO register.
What is the turnover of ALGUMA?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €50,910 and 2,667 comparable companies of the same size. It probably lies between €100,000 and €270,000. It is a rough estimate.Financials
Is ALGUMA profitable?
In financial year 2025, ALGUMA made a profit of €28,034.
Where can I find the annual accounts of ALGUMA?
ALGUMA filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALGUMA due?
ALGUMA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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