ALLEGRO
ActiveSummary
ALLEGRO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.2m and a net result of -€530,183. Equity is growing by ~27.5% per year across the filed fiscal years. Its solvency ranks better than 63% of 181 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability19▲+18
Solvency77▼-23
Growth52=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200,000 at 30 days acceptable
Liquidity ample (current ratio 7.4 against 10.19 in 2024; short-term debt: 4.1% and cash: 25.6% of total assets), and 48.4% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.6%
Return on assets
-8.4%
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
22232425
2022 to 2025 · latest year -€530,183
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
23 d late
2023
22 d late
2022
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 27 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€530,183▲ 7.8%
2024 · -€575,034
Working capital
€1.7m▲ 10.4%
2024 · €1.5m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€25,716--€239,631▼ 832%-€586,436▼ 145%-€340,704▲ 41.9%
Net result-€27,544below the sector's middle half--€239,417below the sector's middle half▼ 769%-€575,034below the sector's middle half▼ 140%-€530,183below the sector's middle half▲ 7.8%
Equity€551,844above the sector's middle half-€3.0mabove the sector's middle half▲ 437%€3.8mabove the sector's middle half▲ 27.4%€3.2mabove the sector's middle half▼ 14.0%
Total assets€724,206above the sector's middle half-€3.3mabove the sector's middle half▲ 353%€4.1mabove the sector's middle half▲ 24.5%€6.3mabove the sector's middle half▲ 54.3%
Debt€172,362-€295,352▲ 71.4%€285,988▼ 3.2%€3.0m▲ 960%
Working capital€233,944above the sector's middle half-€1.9mabove the sector's middle half▲ 716%€1.5mabove the sector's middle half▼ 21.6%€1.7mabove the sector's middle half▲ 10.4%
Solvency76.2%above the sector's middle half-90.4%above the sector's middle half▲ 14.2pp92.6%above the sector's middle half▲ 2.1pp51.6%within the sector's middle half▼ 41.0pp
Current ratio5.74above the sector's middle half-12.36above the sector's middle half▲ 6.6210.19above the sector's middle half▼ 2.177.40above the sector's middle half▼ 2.78
Return on assets (ROA)-3.8%below the sector's middle half--7.3%below the sector's middle half▼ 3.5pp-14.1%below the sector's middle half▼ 6.8pp-8.4%below the sector's middle half▲ 5.7pp
Staff (FTE)1.74.8within the sector's middle half▲ 182%6.7within the sector's middle half▲ 39.6%
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Net result -140% on 2023. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €340,704 in 2025 against €586,436 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.3m
Fixed assets
€4.4m ▲ 81.1%
Current assets
€1.9m ▲ 15.1%
Equity and liabilities €6.3m
Equity
€3.2m ▼ 14.0%
Provisions
€18,000 =
Debt
€3.0m ▲ 960%
Debt's share of the balance-sheet total rises from 7.0% to 48.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€247,412▲
2024 · -€308,912
Cash flow
€57,933▲
2024 · -€297,511
Debt to equity
0.93▲
2024 · 0.08
ROE
-16.3%▼
2024 · -15.2%
Interest coverage
1.25▲
2024 · -21.98
Debt ≤ 1 year
€258,144▲
2024 · €162,987
Debt > 1 year
€2.8m▲
2024 · €123,002
Income taxes
€388▲
2024 · €330
Staff costs
€663,939▲
2024 · €422,537
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.3%
went bankrupt
7.5%
stopped otherwise
90%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,340 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% | 1.0% |
| 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% 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 3,441 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.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €28,454 | €99,472 | €422,537 | €663,939 | ▲ 57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,434 | €101,006 | €277,524 | €588,116 | ▲ 112% |
| Other operating charges640/8 | €1,948 | €708 | €118 | €2,281 | ▲ 1,833% |
| Gross operating margin9900 | €30,120 | -€38,445 | €113,743 | €913,632 | ▲ 703% |
| Operating profit (loss)9901 | -€25,716 | -€239,631 | -€586,436 | -€340,704 | ▲ 41.9% |
| Financial income75/76B | €20 | €5,165 | €25,788 | €8,442 | ▼ 67.3% |
| Recurring financial income75 | €20 | €5,165 | €25,788 | €8,442 | ▼ 67.3% |
| Financial charges65/66B | €1,848 | €4,859 | €14,056 | €197,533 | ▲ 1,305% |
| Recurring financial charges65 | €1,848 | €4,859 | €14,056 | €197,533 | ▲ 1,305% |
| Profit (loss) for the period before taxes9903 | -€27,544 | -€239,325 | -€574,704 | -€529,795 | ▲ 7.8% |
| Income taxes67/77 | - | €92 | €330 | €388 | ▲ 17.4% |
| Profit (loss) for the period9904 | -€27,544 | -€239,417 | -€575,034 | -€530,183 | ▲ 7.8% |
| Profit (loss) for the period to be appropriated9905 | -€27,544 | -€239,417 | -€575,034 | -€530,183 | ▲ 7.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €724,206 | €3.3m | €4.1m | €6.3m | ▲ 54.3% |
| Fixed assets21/28 | €440,863 | €1.2m | €2.4m | €4.4m | ▲ 81.1% |
| Intangible fixed assets21 | €380,414 | €1.1m | €2.2m | €3.7m | ▲ 64.7% |
| Tangible fixed assets22/27 | €60,449 | €81,510 | €195,181 | €718,436 | ▲ 268% |
| Plant, machinery and equipment23 | €59,755 | €79,836 | €183,857 | €705,084 | ▲ 283% |
| Furniture and vehicles24 | €694 | €1,674 | €11,324 | €13,352 | ▲ 17.9% |
| Current assets29/58 | €283,343 | €2.1m | €1.7m | €1.9m | ▲ 15.1% |
| Amounts receivable within one year40/41 | €12,553 | €939,482 | €423,498 | €281,928 | ▼ 33.4% |
| Trade receivables40 | €12 | €84 | €605 | €33,714 | ▲ 5,473% |
| Other amounts receivable41 | €12,541 | €939,397 | €422,893 | €248,214 | ▼ 41.3% |
| Cash at bank and in hand54/58 | €269,991 | €1.1m | €1.2m | €1.6m | ▲ 32.6% |
| Deferred charges and accrued income490/1 | €799 | €2,506 | €18,730 | €14,409 | ▼ 23.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €724,206 | €3.3m | €4.1m | €6.3m | ▲ 54.3% |
| Equity10/15 | €551,844 | €3.0m | €3.8m | €3.2m | ▼ 14.0% |
| Contributions10/11 | €350,000 | €1.7m | €3.1m | €3.1m | = |
| Outside capital11 | €350,000 | €1.7m | €3.1m | €3.1m | = |
| Other1109/19 | €350,000 | €1.7m | €3.1m | €3.1m | = |
| Profit (loss) carried forward14 | -€27,544 | -€266,961 | -€841,996 | -€1.4m | ▼ 63.0% |
| Investment grants15 | €229,388 | €1.5m | €1.5m | €1.5m | = |
| Provisions and deferred taxes16 | - | €18,000 | €18,000 | €18,000 | = |
| Deferred taxes168 | - | €18,000 | €18,000 | €18,000 | = |
| Amounts payable17/49 | €172,362 | €295,352 | €285,988 | €3.0m | ▲ 960% |
| Amounts payable after more than one year17 | €122,963 | €127,190 | €123,002 | €2.8m | ▲ 2,155% |
| Financial debts170/4 | €122,963 | €127,190 | €123,002 | €2.8m | ▲ 2,155% |
| Amounts payable within one year42/48 | €49,399 | €168,162 | €162,987 | €258,144 | ▲ 58.4% |
| Current portion of amounts payable after more than one year42 | €7,838 | €17,875 | €18,511 | €102,169 | ▲ 452% |
| Financial debts43 | - | €8 | €0 | €660 | - |
| Credit institutions430/8 | - | €8 | €0 | €660 | - |
| Trade debts44 | €24,756 | €121,125 | €86,236 | €92,762 | ▲ 7.6% |
| Suppliers440/4 | €24,756 | €121,125 | €86,236 | €92,762 | ▲ 7.6% |
| Advances received on contracts in progress46 | - | €182 | - | - | - |
| Taxes, remuneration and social security45 | €16,793 | €28,932 | €58,188 | €62,525 | ▲ 7.5% |
| Taxes450/3 | €10,723 | €10,723 | €10,840 | €8,591 | ▼ 20.7% |
| Remuneration and social security454/9 | €6,070 | €18,209 | €47,349 | €53,934 | ▲ 13.9% |
| Other amounts payable47/48 | €12 | €40 | €52 | €28 | ▼ 46.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,544 | -€239,417 | -€575,034 | -€530,183 | ▲ 7.8% |
| + Depreciation and write-downs630 | €25,434 | €101,006 | €277,524 | €588,116 | ▲ 112% |
| Operating cash flow (approximation) | -€2,110 | -€138,411 | -€297,511 | €57,933 | ▲ 119% |
| Investment in fixed assets (approximation) | - | -€860,287 | -€1.5m | -€2.6m | ▼ 70.3% |
| Change in cash | - | €866,301 | €81,757 | €396,873 | ▲ 385% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 23 days late
2024
31-12
Financial
Weakest financial yearnet -€575,034
Net result drops to -€575,034, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 12.36
Current ratio from 5.74 to 12.36.
31-12
Financial
Equity above €2mEq €3.0m ▲437%
Equity rises from €551,844 to €3.0m.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Antwerpen · 2 establishment units since 2021
Ground area
2.2 ha
Building footprint
930 m²
Volume, LiDAR
20 m³
2 parcels, Flanders, Wallonia · tallest building 1.7 m. Linked by address, not a title deed.
34
companies at this address
See who is registered here
2 establishment units
ALLEGRO
since 20212.317.355.536
ALLEGRO
since 20232.343.139.720
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62042B0366/00B003 | Wallonia | 1.9 ha | - | - |
| 11809I2910/00R000 | Flanders | 2,982 m² | 1 · 930 m² | 1.7 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
5.4%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 28,375 EUR awarded · 28,375 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,500 EUR | 1,500 EUR |
| 2024 | 1 | 1,875 EUR | 1,875 EUR |
| 2022 | 2 | 25,000 EUR | 25,000 EUR |
Similar companies · same sector, comparable size
NOTARIS BART VAN DER MEERSCH
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Bree · Eq €3.3m
HONOREZ NOTARIS
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Tienen · Eq €3.4m
Notaire Associé-Christophe WERBROUCK-Geassocieerd notaris
BE 0479.300.853
Mouscron · Eq €3.5m
Stéphanie BILLER, Notaire
BE 0864.463.208
Mons · Eq €2.9m
Eric DEROOSE
BE 0871.345.753
Knokke-Heist · Eq €3.7m
Of 686 companies in sector 74112 we hold annual accounts for 312. 130 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
Founded21-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
72101Research and development on biotechnology
74112Other professional, scientific and technical activities
70200Business and other management consultancy
72109Other research and development on natural sciences
E-invoicing
Reachable via Peppol
Peppol ID
0208:0766984740
Also
9925:BE0766984740
Registered
01-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.