Equity
ALMASE has made a profit in every financial year since 2006.
ALMASE has made a profit in every financial year since 2006.
Five of the last ten came late. The 2019 accounts came latest: 116 days after the end of the period.
Higher solvency than 95% of companies in legal and accounting. Sector median 32.5% · 1,057 companies.
In July 2024, 31,368 companies had the same profile as ALMASE has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for ALMASE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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| Company | ||||
|---|---|---|---|---|
| ALMASE Morlanwelz | €417,524 | €48,758 | 95.2% | - |
| Brenver Brenning Roger Kortrijk | €453,550 | €49,818 | 88.6% | - |
| STRATEGIA Rixensart | €378,501 | €40,639 | 68.2% | - |
| SERCOM Oudenaarde | €362,538 | €53,823 | 72.2% | - |
| TOSCA Oudenaarde | €473,155 | €39,143 | 28.6% | - |
| ALSYS Ixelles | €467,000 | €41,106 | 90.3% | - |
| CFGR Namur | €325,740 | €43,449 | 35.9% | - |
These companies have the same main activity as ALMASE: other tax advisory services (NACE 69209). They are comparable in size and age: total assets between €326,000 and €473,000, founded between 1990 and 2000.
ALMASE has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €397,398 and a net result of €41,378.
Equity has been growing by about 3.6% per year since 2018. Its solvency ranks better than 95% of 1,057 sector peers (NACE 69, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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