ALGwerkenJACOBS
ActiveThe computed 12-month bankruptcy probability of ALGwerkenJACOBS is 2.5% (moderate). The 2024 annual accounts show equity of €52k and a net result of €20k. Equity is growing by ~65.5% per year across the filed fiscal years. Its solvency ranks better than 78% of 36378 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency97▼-3
Growth78=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 3.33 against 3.55 in 2023; short-term debt: 27.6% and cash: 6% of total assets), and 27.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
32 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€52k▲ 61.6%
2023 · €32k
2022: €10k
2023: €32k
2022 → 2024
Total assets
€72k▲ 69.5%
2023 · €42k
2022: €14k
2023: €42k
2022 → 2024
Net result
€20k▼ 11.3%
2023 · €22k
2022: €8k
2023: €22k
2022 → 2024
Working capital
€46k▲ 78.1%
2023 · €26k
2022: €10k
2023: €26k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€10k-€32k▲ 227%€52k▲ 61.6%
Operating result€10k-€31k▲ 213%€28k▼ 10.7%
Net result€8k-€22k▲ 185%€20k▼ 11.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €72k
Fixed assets
€6k▼ 7.4%
Current assets
€66k▲ 82.7%
Equity and liabilities €72k
Equity
€52k▲ 61.6%
Debt
€20k▲ 94.6%
The debt ratio rises from 24.1% to 27.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▼
2023 · €31k
Cash flow
€21k▼
2023 · €23k
Solvency
72.4%▼
2023 · 75.9%
Current ratio
3.33▼
2023 · 3.55
Quick ratio
3.33▼
2023 · 3.55
Debt / equity
0.38▲
2023 · 0.32
ROE
38.1%▼
2023 · 69.4%
ROA
27.6%▼
2023 · 52.7%
Interest coverage
420.37▼
2023 · 456.51
Debt
€20k▲
2023 · €10k
Debt ≤ 1 year
€20k▲
2023 · €10k
Income taxes
€8k▼
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€42k€72k▲
Fixed assets21/28€6k€6k▼
Tangible fixed assets22/27€6k€6k▼
Furniture and vehicles24€6k€6k▼
Current assets29/58€36k€66k▲
Amounts receivable within one year40/41€23k€58k▲
Trade receivables40€8k€27k▲
Other amounts receivable41€16k€31k▲
Cash at bank and in hand54/58€10k€4k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€42k€72k▲
Equity10/15€32k€52k▲
Contributions10/11€2k€2k=
Reserves13€22k€41k▲
Distributable reserves133€22k€41k▲
Profit (loss) carried forward14€8k€9k▲
Amounts payable17/49€10k€20k▲
Amounts payable within one year42/48€10k€20k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€9k€17k▲
Taxes450/3€9k€17k▲
Remuneration and social security454/9-€772
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€658€2k▲
Other operating charges640/8€125€523▲
Gross operating margin9900€32k€30k▼
Operating profit (loss)9901€31k€28k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€69€69▲
Recurring financial charges65€69€69▲
Profit (loss) for the period before taxes9903€31k€27k▼
Income taxes67/77€8k€8k▼
Profit (loss) for the period9904€22k€20k▼
Profit (loss) for the period to be appropriated9905€22k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€28k▼
Profit (loss) brought forward from the previous period14P€8k€8k▲
Transfer to equity691/2€22k€19k▼
To other reserves6921€22k€19k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2022net €22k ▲185%
Operating result €31k, net result €22k, both a record.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 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, Tessenderlo-Ham · 1 establishment unit since 2022
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.
Beukenlaan 313945 Tessenderlo-HamGround area
621 m²
Building footprint
78 m²
Volume, LiDAR
499 m³
Parcel 71046A1342/00H000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ALGwerkenJACOBS
since 20222.326.624.182
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71046A1342/00H000 | Flanders | 621 m² | 1 · 78 m² | 9.4 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.
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RB TECHNICS
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Of 11,137 companies in sector 43910 we hold annual accounts for 5,487. 4,714 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2022
Fiscal year end31-12
Activities, NACEBEL
43910Bricklaying and masonry work
43994Specialised construction activities
43332Laying of wooden floor and wall coverings
43992Specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0484964507