ALMAGRE
ActiveALMAGRE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €161k and a net result of €444k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 2026 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+89
Solvency45▲+29
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 0.92 in 2023; short-term debt: 80.3% and cash: 2.4% of total assets), and 80.3% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
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 28-09-2025, 59 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
419 d late
2022
498 d late
2021
30 d late
2020
39 d late
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€161k
2023 · €-313k
2018: €21k
2019: €-8k
2020: €52k
2021: €6k
2022: €-90k
2023: €-313k
2018 → 2024
Total assets
€816k▼ 76.3%
2023 · €3.44M
2018: €31k
2019: €15k
2020: €102k
2021: €990k
2022: €1.34M
2023: €3.44M
2018 → 2024
Net result
€444k
2023 · €-223k
2018: €39k
2019: €-29k
2020: €59k
2021: €-46k
2022: €-109k
2023: €-223k
2018 → 2024
Working capital
€160k
2023 · €-314k
2018: €17k
2019: €-10k
2020: €51k
2021: €4k
2022: €-92k
2023: €-314k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€52k-€6k▼ 88.2%€-90k€-313k▼ 246%€161k
Operating result€72k-€-36k€-87k▼ 139%€-156k▼ 79.0%€577k
Net result€59k-€-46k€-109k▼ 140%€-223k▼ 104%€444k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €577k after a loss of €156k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €816k
Fixed assets
€571▼ 46.7%
Current assets
€815k▼ 76.3%
Equity and liabilities €816k
Equity
€161k
Debt
€655k
Debt finances 80.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€577k▲
2023 · €-155k
Cash flow
€445k▲
2023 · €-222k
Solvency
19.7%▲
2023 · -9.1%
Current ratio
1.25▲
2023 · 0.92
Quick ratio
0.52▲
2023 · 0.26
Debt / equity
4.07▲
2023 · -11.98
ROE
276.0%
ROA
54.5%▲
2023 · -6.5%
Interest coverage
6.82▲
2023 · -2.33
Debt
€655k▼
2023 · €3.75M
Debt ≤ 1 year
€655k▼
2023 · €3.75M
Income taxes
€48k▲
2023 · €468
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€3.44M€816k▼
Fixed assets21/28€1k€571▼
Tangible fixed assets22/27€1k€571▼
Furniture and vehicles24€1k€571▼
Current assets29/58€3.43M€815k▼
Stocks and contracts in progress3€2.45M€473k▼
Stocks30/36€2.45M€473k▼
Amounts receivable within one year40/41€931k€323k▼
Trade receivables40€921k€305k▼
Other amounts receivable41€10k€18k▲
Cash at bank and in hand54/58€51k€19k▼
Deferred charges and accrued income490/1€733-
Equity and liabilities
Total equity and liabilities10/49€3.44M€816k▼
Equity10/15€-313k€161k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-321k€153k▲
Amounts payable17/49€3.75M€655k▼
Amounts payable within one year42/48€3.75M€655k▼
Current portion of amounts payable after more than one year42€2.48M€125k▼
Trade debts44€785k€308k▼
Suppliers440/4€785k€308k▼
Taxes, remuneration and social security45€380€38k▲
Taxes450/3€380€38k▲
Other amounts payable47/48€488k€183k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€581€501▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€6k
Other operating charges640/8€33k€21k▼
Gross operating margin9900€-123k€604k▲
Operating profit (loss)9901€-156k€577k▲
Financial income75/76B€218€616▲
Recurring financial income75€218€616▲
Financial charges65/66B€67k€85k▲
Recurring financial charges65€67k€85k▲
Profit (loss) for the period before taxes9903€-222k€493k▲
Income taxes67/77€468€48k▲
Profit (loss) for the period9904€-223k€444k▲
Profit (loss) for the period to be appropriated9905€-223k€444k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-321k€153k▲
Profit (loss) brought forward from the previous period14P€-98k€-291k▼
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
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 419 days late
2024
31-12
Financial
Back to profitnet €444k
Net result €444k after 3 loss-making years.
31-12
Financial
Equity above €150kEq €161k
Equity rises from €-313k to €161k.
10-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 498 days late
2023
31-12
Financial
Weakest financial yearnet €-223k
Net result drops to €-223k, the lowest in the series; recovery starts the following year.
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
2020
31-12
Financial
Back to profitnet €59k
Net result €59k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.02
Current ratio from 0.56 to 2.02.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 156 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Waterloo · 1 establishment unit since 2017
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.
Drève du Méreault 241410 WaterlooGround area
1,341 m²
Building footprint
247 m²
Volume, LiDAR
1,638 m³
Parcel 25763M0607/00N000, Wallonia · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Drève du Méreault 24, 1410 Waterloo
since 20172.318.306.235
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0607/00N000 | Wallonia | 1,341 m² | 1 · 247 m² | 10.0 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaterloo2.318.306.235
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Of 976 companies in sector 77210 we hold annual accounts for 217. 158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-05-2017
Fiscal year end31-12
Activities, NACEBEL
77210Renting and leasing of sports and recreation goods
43992Specialised construction activities
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
81220Other building cleaning and industrial cleaning
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.