ALMADIUS
ActiveSummary
ALMADIUS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €354k and a net result of €166k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 2015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+80
Solvency62▼-6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.5 in 2024; short-term debt: 61.8% and cash: 25.2% of total assets), and 62.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
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
37.5%
Return on assets
17.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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
12 d late
2024
23 d late
2023
30 d late
2022
59 d early
2021
25 d late
2020
23 d late
2019
26 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€166k
2024 · €-43k
2018: €33k
2019: €21k▼ -35.6% vs 2018
2020: €-13k▼ -159% vs 2019
2021: €-9k▲ +31.9% vs 2020
2022: €185k▲ +2263% vs 2021highest in 8 years
2023: €13k▼ -93.1% vs 2022
2024: €-43k▼ -440% vs 2023lowest in 8 years
2025: €166k▲ +485% vs 2024
2018 → 2025
Working capital
€268k▲ 43.1%
2024 · €187k
2018: €181k
2019: €201k▲ +11.4% vs 2018
2020: €191k▼ -5.3% vs 2019
2021: €177k▼ -7.2% vs 2020lowest in 8 years
2022: €235k▲ +32.8% vs 2021
2023: €217k▼ -7.8% vs 2022
2024: €187k▼ -13.8% vs 2023
2025: €268k▲ +43.1% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€250k-€319k▲ 27.6%€331k▲ 4.0%€288k▼ 13.0%€354k▲ 22.7%
2021: €250klowest in 5 years
2022: €319k▲ +27.6% vs 2021
2023: €331k▲ +4.0% vs 2022
2024: €288k▼ -13.0% vs 2023
2025: €354k▲ +22.7% vs 2024highest in 5 years
Operating result€-6k-€267k€38k▼ 85.7%€-38k€233k
2021: €-6k
2022: €267k▲ +4323% vs 2021highest in 5 years
2023: €38k▼ -85.7% vs 2022
2024: €-38k▼ -200% vs 2023lowest in 5 years
2025: €233k▲ +709% vs 2024
Net result€-9k-€185k€13k▼ 93.1%€-43k€166k
2021: €-9k
2022: €185k▲ +2263% vs 2021highest in 5 years
2023: €13k▼ -93.1% vs 2022
2024: €-43k▼ -440% vs 2023lowest in 5 years
2025: €166k▲ +485% vs 2024
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €233k after a loss of €38k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €944k
Fixed assets
€93k ▼ 17.7%
Current assets
€851k ▲ 50.9%
Equity and liabilities €944k
Equity
€354k ▲ 22.7%
Debt
€590k ▲ 51.8%
Debt's share of the balance-sheet total rises from 57.4% to 62.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€255k▲
2024 · €-15k
Cash flow
€188k▲
2024 · €-19k
Current ratio
1.46▼
2024 · 1.50
Debt to equity
1.67▲
2024 · 1.35
ROE
46.8%▲
2024 · -14.9%
ROA
17.5%▲
2024 · -6.3%
Interest coverage
40.33▲
2024 · -3.41
Debt ≤ 1 year
€583k▲
2024 · €377k
Debt > 1 year
€7k▼
2024 · €12k
Income taxes
€61k▲
2024 · €473
Staff costs
€360k▲
2024 · €353k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€677k€944k▲
Fixed assets21/28€113k€93k▼
Tangible fixed assets22/27€109k€89k▼
Land and buildings22€56k€52k▼
Plant, machinery and equipment23€21k€14k▼
Furniture and vehicles24€32k€23k▼
Financial fixed assets28€4k€4k=
Current assets29/58€564k€851k▲
Amounts receivable within one year40/41€425k€613k▲
Trade receivables40€322k€541k▲
Other amounts receivable41€103k€72k▼
Cash at bank and in hand54/58€139k€238k▲
Deferred charges and accrued income490/1€326-
Equity and liabilities
Total equity and liabilities10/49€677k€944k▲
Equity10/15€288k€354k▲
Contributions10/11€17k€17k=
Profit (loss) carried forward14€271k€337k▲
Amounts payable17/49€389k€590k▲
Amounts payable after more than one year17€12k€7k▼
Financial debts170/4€12k€7k▼
Amounts payable within one year42/48€377k€583k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€304k€327k▲
Suppliers440/4€304k€327k▲
Taxes, remuneration and social security45€63k€146k▲
Taxes450/3€20k€74k▲
Remuneration and social security454/9€43k€73k▲
Other amounts payable47/48€686€101k▲
Income statement
Code20242025
Remuneration, social security and pensions62€353k€360k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€22k▼
Other operating charges640/8€9k€22k▲
Gross operating margin9900€348k€637k▲
Operating profit (loss)9901€-38k€233k▲
Financial income75/76B-€176
Recurring financial income75-€176
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€-43k€226k▲
Income taxes67/77€473€61k▲
Profit (loss) for the period9904€-43k€166k▲
Profit (loss) for the period to be appropriated9905€-43k€166k▲
Appropriation of the result
Profit (loss) to be appropriated9906€271k€437k▲
Profit (loss) brought forward from the previous period14P€314k€271k▼
Profit to be distributed694/7-€100k
Return on contributions (dividend)694-€100k
Social balance
Average headcount (FTE)90876.44.6▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €452k | €475k | €524k | €353k | €360k | ▲ 1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €12k | €20k | €24k | €22k | ▼ 4.8% |
| Other operating charges640/8 | €2k | €3k | €5k | €9k | €22k | ▲ 133% |
| Gross operating margin9900 | €456k | €756k | €587k | €348k | €637k | ▲ 83.1% |
| Operating profit (loss)9901 | €-6k | €267k | €38k | €-38k | €233k | ▲ 709% |
| Financial income75/76B | €6k | €308 | €7 | - | €176 | - |
| Recurring financial income75 | €136 | €308 | €7 | - | €176 | - |
| Non-recurring financial income76B | €6k | - | - | - | - | - |
| Financial charges65/66B | €2k | €5k | €7k | €4k | €6k | ▲ 47.2% |
| Recurring financial charges65 | €2k | €5k | €7k | €4k | €6k | ▲ 47.2% |
| Profit (loss) for the period before taxes9903 | €-2k | €262k | €31k | €-43k | €226k | ▲ 633% |
| Income taxes67/77 | €7k | €77k | €19k | €473 | €61k | ▲ 12,773% |
| Profit (loss) for the period9904 | €-9k | €185k | €13k | €-43k | €166k | ▲ 485% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €185k | €13k | €-43k | €166k | ▲ 485% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €840k | €1.04M | €1.01M | €677k | €944k | ▲ 39.4% |
| Fixed assets21/28 | €90k | €101k | €135k | €113k | €93k | ▼ 17.7% |
| Tangible fixed assets22/27 | €78k | €96k | €131k | €109k | €89k | ▼ 18.3% |
| Land and buildings22 | €70k | €65k | €61k | €56k | €52k | ▼ 7.8% |
| Plant, machinery and equipment23 | €2k | €12k | €28k | €21k | €14k | ▼ 33.0% |
| Furniture and vehicles24 | €6k | €18k | €42k | €32k | €23k | ▼ 27.3% |
| Financial fixed assets28 | €12k | €5k | €4k | €4k | €4k | = |
| Current assets29/58 | €750k | €937k | €877k | €564k | €851k | ▲ 50.9% |
| Amounts receivable within one year40/41 | €607k | €725k | €647k | €425k | €613k | ▲ 44.3% |
| Trade receivables40 | €565k | €694k | €594k | €322k | €541k | ▲ 68.2% |
| Other amounts receivable41 | €41k | €31k | €53k | €103k | €72k | ▼ 30.5% |
| Cash at bank and in hand54/58 | €120k | €212k | €227k | €139k | €238k | ▲ 71.6% |
| Deferred charges and accrued income490/1 | €23k | - | €3k | €326 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €840k | €1.04M | €1.01M | €677k | €944k | ▲ 39.4% |
| Equity10/15 | €250k | €319k | €331k | €288k | €354k | ▲ 22.7% |
| Contributions10/11 | €15k | €15k | €15k | €17k | €17k | = |
| Reserves13 | €2k | €2k | €2k | - | - | - |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Profit (loss) carried forward14 | €233k | €302k | €314k | €271k | €337k | ▲ 24.2% |
| Amounts payable17/49 | €590k | €719k | €681k | €389k | €590k | ▲ 51.8% |
| Amounts payable after more than one year17 | €17k | €17k | €21k | €12k | €7k | ▼ 42.0% |
| Financial debts170/4 | €17k | €17k | €21k | €12k | €7k | ▼ 42.0% |
| Amounts payable within one year42/48 | €573k | €702k | €660k | €377k | €583k | ▲ 54.8% |
| Current portion of amounts payable after more than one year42 | €8k | €11k | €15k | €9k | €9k | ▲ 4.6% |
| Trade debts44 | €425k | €392k | €497k | €304k | €327k | ▲ 7.5% |
| Suppliers440/4 | €425k | €392k | €497k | €304k | €327k | ▲ 7.5% |
| Taxes, remuneration and social security45 | €139k | €182k | €147k | €63k | €146k | ▲ 132% |
| Taxes450/3 | €47k | €94k | €74k | €20k | €74k | ▲ 269% |
| Remuneration and social security454/9 | €92k | €89k | €73k | €43k | €73k | ▲ 68.0% |
| Other amounts payable47/48 | €686 | €116k | €686 | €686 | €101k | ▲ 14,577% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €185k | €13k | €-43k | €166k | ▲ 485% |
| + Depreciation and write-downs630 | €9k | €12k | €20k | €24k | €22k | ▼ 4.8% |
| Operating cash flow (approximation) | €172 | €196k | €32k | €-19k | €188k | ▲ 1,068% |
| Investment in fixed assets (approximation) | - | €-22k | €-54k | €-2k | €-2k | ▼ 50.7% |
| Change in cash | - | €92k | €14k | €-88k | €99k | ▲ 213% |
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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
31-12
Financial
Back to profitnet €166k
Net result €166k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 23 days late
2024
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €185k
Net result €185k after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 19 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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, Namur · 2 establishment units since 2012
Ground area
1.1 ha
Building footprint
5,073 m²
Volume, LiDAR
46,508 m³
2 parcels, Brussels, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ALMADIUS
since 20122.211.980.872
ALMADIUS
since 20172.261.029.319
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92095B0228/00H000 | Wallonia | 8,304 m² | 1 · 2,851 m² | 10.8 m · 3 fl. |
| 21363B0348/00A002 | Brussels | 3,170 m² | 1 · 2,221 m² | 12.0 m · 3 fl. |
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.
Similar companies · same sector, comparable size
AURIGA
BE 0867.520.191
Zele · Eq €353,684
Framatome Belgium
BE 0786.486.391
Brussel · Eq €353,647
Arcinvest
BE 0428.632.211
Kontich · Eq €354,164
PVRD
BE 0464.562.197
Oud-Heverlee · Eq €353,239
Virya H2
BE 0777.387.001
Halle · Eq €352,664
Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,760 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-02-2008
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.