ALGYP
ActiveALGYP has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €-13k. Equity is shrinking by ~21% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 65% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency74▼-12
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.82 in 2024; short-term debt: 49% and cash: 0.2% of total assets), and 50.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.1%
Return on assets
-23.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-13k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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
5 d late
2024
27 d late
2023
122 d late
2022
149 d late
2021
30 d late
2020
31 d late
2019
63 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▼ 32.6%
2024 · €40k
2018: €155k
2019: €170k
2020: €145k
2021: €121k
2022: €104k
2023: €71k
2024: €40k
2018 → 2025
Total assets
€54k▼ 15.9%
2024 · €65k
2018: €194k
2019: €199k
2020: €149k
2021: €136k
2022: €118k
2023: €85k
2024: €65k
2018 → 2025
Net result
€-13k▲ 58.9%
2024 · €-31k
2018: €31k
2019: €7k
2020: €-25k
2021: €-24k
2022: €-17k
2023: €-33k
2024: €-31k
2018 → 2025
Working capital
€-13k▼ 189%
2024 · €-4k
2018: €92k
2019: €104k
2020: €84k
2021: €66k
2022: €54k
2023: €26k
2024: €-4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€121k-€104k▼ 14.3%€71k▼ 31.7%€40k▼ 44.2%€27k▼ 32.6%
Operating result€-23k-€-17k▲ 27.2%€-33k▼ 98.6%€-29k▲ 12.0%€-12k▲ 58.1%
Net result€-24k-€-17k▲ 26.6%€-33k▼ 88.7%€-31k▲ 3.8%€-13k▲ 58.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €29k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€40k▼ 9.8%
Current assets
€14k▼ 29.7%
Equity and liabilities €54k
Equity
€27k▼ 32.6%
Debt
€28k▲ 10.3%
The debt ratio rises from 38.8% to 50.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-8k▲
2024 · €-25k
Cash flow
€-9k▲
2024 · €-27k
Solvency
49.1%▼
2024 · 61.2%
Current ratio
0.53▼
2024 · 0.82
Quick ratio
0.53▼
2024 · 0.82
Debt / equity
1.04▲
2024 · 0.63
ROE
-48.3%▲
2024 · -79.3%
ROA
-23.7%▲
2024 · -48.6%
Interest coverage
-8.02▲
2024 · -10.28
Debt
€28k▲
2024 · €25k
Debt ≤ 1 year
€27k▲
2024 · €24k
Income taxes
€0
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€65k€54k▼
Fixed assets21/28€45k€40k▼
Tangible fixed assets22/27€44k€39k▼
Land and buildings22€39k€36k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24-€0
Financial fixed assets28€1k€1k=
Current assets29/58€20k€14k▼
Amounts receivable after more than one year29€14k€13k▼
Other amounts receivable291€14k€13k▼
Amounts receivable within one year40/41€4k-
Trade receivables40€3k-
Other amounts receivable41€900-
Cash at bank and in hand54/58€2k€120▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€65k€54k▼
Equity10/15€40k€27k▼
Contributions10/11€16k€16k=
Reserves13€154k€154k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€152k€152k=
Profit (loss) carried forward14€-130k€-143k▼
Amounts payable17/49€25k€28k▲
Amounts payable within one year42/48€24k€27k▲
Financial debts43€2k€2k▲
Credit institutions430/8€2k€2k▲
Trade debts44€1k€8k▲
Suppliers440/4€1k€8k▲
Taxes, remuneration and social security45€18k€37▼
Taxes450/3€18k€37▼
Other amounts payable47/48€4k€17k▲
Accrued charges and deferred income492/3€805€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€9k€18k▲
Non-recurring operating charges66A€31k-
Gross operating margin9900€15k€10k▼
Operating profit (loss)9901€-29k€-12k▲
Financial income75/76B€408€379▼
Recurring financial income75€408€379▼
Financial charges65/66B€2k€987▼
Recurring financial charges65€2k€987▼
Profit (loss) for the period before taxes9903€-31k€-13k▲
Income taxes67/77-€0
Profit (loss) for the period9904€-31k€-13k▲
Profit (loss) for the period to be appropriated9905€-31k€-13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-130k€-143k▼
Profit (loss) brought forward from the previous period14P€-99k€-130k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 122 days late
2023
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 149 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity times 5current ratio 21.62
Current ratio from 4.65 to 21.62; short-term debt falls from €28k to €4k.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 62 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Niel · 1 establishment unit since 1987
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.
Antwerpsestraat 2982845 NielGround area
255 m²
Building footprint
196 m²
Volume, LiDAR
1,320 m³
Parcel 11030B0009/00M002, Flanders · tallest building 54.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ALGYP BVBA
since 19872.033.165.332
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030B0009/00M002 | Flanders | 255 m² | 1 · 196 m² | 54.5 m · 1 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.
Similar companies · same sector, comparable size
VEVADU
BE 0431.391.266
Sint-Niklaas · Eq €27k
Joan Real Solutions
BE 1031.350.421
Ukkel · Eq €27k
APS
BE 0433.138.553
Wanze · Eq €27k
ALEXANDRE INVEST
BE 0450.465.921
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POLDENTIA
BE 0501.727.253
Ukkel · Eq €27k
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 2,572 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-02-1987
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.