ALGUMA
ActiveSummary
ALGUMA has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138,978 and a net result of €28,034. Equity remains stable across the filed financial years (±1% per year). Its solvency ranks better than 65% of 224 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €138,978
- Profit
- €28,034
Why 97lowers riskLiquidity: current ratio 2.71, cash €76,899Founded in 1993Equity €138,978 (66.1% of total assets)Size: total assets €210,171Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 35, micro): better than 69% on solvency, 77% on liquidity, 85% on profitability and 77% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 14 days after the deadline; the sector median (NACE 35) for financial year 2024 is 22 days before the deadline, and 27% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Equity above €100,000equity €118,444 ▲22.1%
Financials · financial year 2025, micro format
2025 annual accounts filed late (17 days) Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00401262.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 35, Electricity, gas, steam and air conditioning supply: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €2,480 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,780 | €7,563 | €7,701 | €7,761 | €550 | €5,254 | €8,843 | €9,572 | ▲ 8.2% |
| Other operating charges640/8 | - | - | - | €864 | €1,164 | €1,190 | €1,094 | €1,527 | ▲ 39.6% |
| Gross operating margin9900 | €16,653 | -€159 | €16,079 | €1,142 | €44,671 | €34,547 | €49,285 | €50,910 | ▲ 3.3% |
| Operating profit (loss)9901 | €7,980 | -€8,878 | €7,313 | -€7,483 | €42,957 | €28,102 | €39,348 | €39,810 | ▲ 1.2% |
| Financial income75/76B | - | - | - | €4 | €1,261 | €358 | €549 | €202 | ▼ 63.2% |
| Recurring financial income75 | €1,032 | €786 | €332 | €4 | €1,261 | €358 | €549 | €202 | ▼ 63.2% |
| Financial charges65/66B | - | - | - | €496 | €5,970 | €509 | €3,985 | €2,797 | ▼ 29.8% |
| Recurring financial charges65 | €418 | €717 | €364 | €496 | €5,970 | €509 | €3,985 | €2,797 | ▼ 29.8% |
| Profit (loss) for the period before taxes9903 | €8,594 | -€8,808 | €7,280 | -€7,976 | €38,248 | €27,952 | €35,912 | €37,216 | ▲ 3.6% |
| Income taxes67/77 | €2,590 | -€3 | €662 | €0 | €9,610 | €8,314 | €9,462 | €9,182 | ▼ 3.0% |
| Profit (loss) for the period9904 | €6,003 | -€8,805 | €6,618 | -€7,976 | €28,638 | €19,638 | €26,450 | €28,034 | ▲ 6.0% |
| Profit (loss) for the period to be appropriated9905 | €6,003 | -€8,805 | €6,618 | -€7,976 | €28,638 | €19,638 | €26,450 | €28,034 | ▲ 6.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €171,612 | €154,193 | €157,568 | €142,813 | €161,450 | €180,726 | €175,441 | €210,171 | ▲ 19.8% |
| Fixed assets21/28 | €23,061 | €15,498 | €8,788 | €1,026 | €476 | €36,811 | €30,486 | €23,927 | ▼ 21.5% |
| Tangible fixed assets22/27 | €23,061 | €15,498 | €8,788 | €1,026 | €476 | €36,811 | €30,486 | €23,927 | ▼ 21.5% |
| Furniture and vehicles24 | - | - | - | €655 | €457 | €36,811 | €30,486 | €23,927 | ▼ 21.5% |
| Other tangible fixed assets26 | - | - | - | €372 | €19 | €0 | - | - | - |
| Current assets29/58 | €148,551 | €138,695 | €148,780 | €141,787 | €160,974 | €143,915 | €144,954 | €186,244 | ▲ 28.5% |
| Stocks and contracts in progress3 | €12,113 | €6,203 | €1,034 | €1,068 | €4,240 | €4,402 | €4,605 | €12,927 | ▲ 181% |
| Stocks30/36 | - | - | - | €1,068 | €4,240 | €4,402 | €4,605 | €12,927 | ▲ 181% |
| Amounts receivable within one year40/41 | €37,760 | €37,563 | €33,272 | €38,542 | €36,791 | €40,661 | €52,275 | €48,061 | ▼ 8.1% |
| Trade receivables40 | - | - | - | €31,614 | €30,004 | €40,485 | €50,903 | €44,914 | ▼ 11.8% |
| Other amounts receivable41 | - | - | - | €6,928 | €6,787 | €177 | €1,372 | €3,147 | ▲ 129% |
| Current investments50/53 | €70,224 | €75,224 | €0 | - | - | - | €45,000 | €45,000 | = |
| Cash at bank and in hand54/58 | €28,455 | €19,705 | €113,186 | €100,935 | €118,612 | €97,418 | €40,159 | €76,899 | ▲ 91.5% |
| Deferred charges and accrued income490/1 | - | - | - | €1,242 | €1,332 | €1,434 | €2,915 | €3,357 | ▲ 15.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €171,612 | €154,193 | €157,568 | €142,813 | €161,450 | €180,726 | €175,441 | €210,171 | ▲ 19.8% |
| Equity10/15 | €124,353 | €115,548 | €121,366 | €65,716 | €83,360 | €96,994 | €118,444 | €138,978 | ▲ 17.3% |
| Contributions10/11 | €18,592 | €18,592 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €105,761 | €96,956 | €102,774 | €47,124 | €64,768 | €78,402 | €99,852 | €120,386 | ▲ 20.6% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €45,265 | €62,908 | €78,402 | €99,852 | €120,386 | ▲ 20.6% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €47,260 | €38,645 | €36,202 | €77,097 | €78,090 | €83,732 | €56,997 | €71,193 | ▲ 24.9% |
| Amounts payable after more than one year17 | €15,787 | €9,951 | €4,014 | €0 | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €31,473 | €28,694 | €32,187 | €77,097 | €78,090 | €83,732 | €54,237 | €68,837 | ▲ 26.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,014 | €0 | - | - | - | - |
| Trade debts44 | €17,419 | €17,841 | €16,985 | €13,361 | €25,054 | €23,676 | €13,758 | €24,408 | ▲ 77.4% |
| Suppliers440/4 | - | - | - | €13,361 | €25,054 | €23,676 | €13,758 | €24,408 | ▲ 77.4% |
| Taxes, remuneration and social security45 | - | - | - | €5,851 | €11,613 | €21,538 | €2,980 | €4,906 | ▲ 64.7% |
| Taxes450/3 | - | - | - | €3,851 | €10,113 | €19,538 | €2,980 | €4,906 | ▲ 64.7% |
| Remuneration and social security454/9 | - | - | - | €2,000 | €1,500 | €2,000 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €53,870 | €41,424 | €38,518 | €37,499 | €39,523 | ▲ 5.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €2,760 | €2,357 | ▼ 14.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,003 | -€8,805 | €6,618 | -€7,976 | €28,638 | €19,638 | €26,450 | €28,034 | ▲ 6.0% |
| + Depreciation and write-downs630 | €7,780 | €7,563 | €7,701 | €7,761 | €550 | €5,254 | €8,843 | €9,572 | ▲ 8.2% |
| Operating cash flow (approximation) | €13,784 | -€1,241 | €14,320 | -€214 | €29,188 | €24,892 | €35,293 | €37,606 | ▲ 6.6% |
| Investment in fixed assets (approximation) | - | €0 | -€991 | €0 | €0 | -€41,589 | -€2,518 | -€3,013 | ▼ 19.6% |
| Change in cash | - | -€8,749 | €93,481 | -€12,251 | €17,677 | -€21,194 | -€57,258 | €36,740 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 17-08-2026 | 2026-00401262 |
| 31-12-2024 | micro format | 22-07-2025 | 2025-00292663 |
| 31-12-2023 | micro format | 23-08-2024 | 2024-00362887 |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00258431 |
| 31-12-2021 | micro format | 23-08-2022 | 2022-20305397 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-63900377 |
| 31-12-2019 | micro format | 28-08-2020 | 2020-46500238 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57200299 |
| 31-12-2017 | micro format | 20-07-2018 | 2018-36000524 |
| 31-12-2016 | micro format | 24-08-2017 | 2017-47600089 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DESRUMAUX Pascal Armand Antoon |
|
| DEBOUTTE Vicky Noëlla Karel |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
23-08
Gazette deed
Resignations: DESRUMAUX Pascal Armand Antoon (statutory manager) and DEBOUTTE Vicky Noëlla Karel (manager)Appointment: DESRUMAUX Pascal Armand Antoon (statutory director) · Amendment of the articles · Legal form clause14 facts ▸
- General meeting, 16-08-2022
- Amendment of the articles (2 times)
- Legal form clause, “TWEEDE BESLUIT, besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “beschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “kennisname verslag bestuursorgaan, op het bureau neergelegd” (deed in Dutch)
- Purpose change
- Director resignation, DESRUMAUX Pascal Armand Antoon (statutory manager)
- Director resignation, DEBOUTTE Vicky Noëlla Karel (manager (not named in the articles))
- Director discharge, DESRUMAUX Pascal Armand Antoon
- Director discharge, DEBOUTTE Vicky Noëlla Karel
- Director appointment, DESRUMAUX Pascal Armand Antoon (statutory director)
- +2 further facts in this act
Show earlier events
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34354C0145/00X000 | Flanders | 985 m² | 1 · 171 m² | 10.5 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het behandelen van alle soorten water, onder meer, doch niet exclusief ten behoeve van thermische installaties, zwembaden, whirlpools…” (deed in Dutch)
14 activities (deed in Dutch)
- Het behandelen van alle soorten water, onder meer, doch niet exclusief ten behoeve van thermische installaties, zwembaden, whirlpools, spa-centra, alsmede de verkoop van apparatuur en chemische producten op dat terrein.
- Het uitvoeren van allerlei audits (water, milieu, energie en veiligheid).
- De vennootschap zal bevoegd zijn alle handelingen zonder uitzondering te verrichten die daartoe noodzakelijk, nuttig of zelfs alleen maar bevorderlijk zijn.
- Zij mag alle handels-, nijverheids-, financiële, roerende of onroerende zaken verrichten, die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp, zowel in België als in het buitenland.
- De vennootschap mag op welke wijze ook betrokken zijn in zaken, ondernemingen of vennootschappen die hetzelfde, een soortgelijk of een samenhangend voorwerp hebben of die de ontwikkeling van haar onderneming kunnen bevorderen, haar grondstoffen kunnen leveren of de afzet van haar producten kunnen vergemakkelijken.
- Zij kan de functies van beheerder of vereffenaar in andere vennootschappen uitoefenen.
- Het verwerven en aanhouden van participaties, in eender welke vorm, in alle bestaande of op te richten, industriële, commerciële, financiële, landbouw- of immobiliënvennootschappen of -ondernemingen; het stimuleren, de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen, waarin ze een participatie aanhoudt; het deelnemen aan hun beheer, bestuur, vereffening en toezicht alsmede het verlenen van technische, administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- Het verwerven, bouwen, opschikken, uitrusten en opbouwen van onroerende goederen/de eigen onroerende goederen vervreemden/verhuren met het oog op wederbelegging
- Het ondersteunen en adviseren van derde partijen inzake promotieprojecten, bij het bouwen van woningen of andere goederen.
- Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals onder meer erfpacht- en opstalrechten en de huurfinanciering van onroerende goederen aan derden, het aankopen en verkopen zowel in volle eigendom als in vruchtgebruik en/of blote eigendom, ruilen, doen bouwen, doen verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen, de aan- en verkoop, huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen.
- Het beheer van onroerende goederen van alle aard en onroerende zakelijke rechten zoals onder meer de aan- en verkoop, de bouw, verbouwing en renovatie, de afbraak, huur en verhuur, de ruil, de grondverkaveling, projectontwikkeling, het onderhoud en de herstellingen, schattingen en evaluatie en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, van onroerende goederen of onroerende zakelijke rechten.
- Overige adviesbureaus op het gebied van bedrijfsvoering en beheer.
- Het verrichten van consultancy opdrachten op het gebied van management.
- Het uitvoeren van management opdrachten in het algemeen; het verstrekken van alle vormen van adviezen aan ondernemingen, welke niet door de wet voorbehouden zijn aan gespecialiseerde beroepen, zich situerend op het vlak van het management. Deze adviezen kunnen verstrekt worden onder de vorm van interim management, crisis management of nog andere denkbare vormen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ALGUMA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking, natuurlijke personen of rechtspersonen” (deed in Dutch)“ONBEZOLDIGD, andersluidende beslissing algemene vergadering” (deed in Dutch)“Nodig of nuttig voor voorwerp, wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, 750” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of April at 09:00