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ALMO

Active
Private limited companyfounded 2023active for 3 yearsRue du Moulin(SG) 42, 7330 Saint-Ghislain, BelgiumKBO/BCE: BE 0801.185.752

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of ALMO is 8.2% (elevated). The 2024 annual accounts show negative equity (-€22,451) and a net result of -€33,007. Its solvency ranks better than 19% of 15,442 sector peers (NACE 46, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.

Latest annual accounts filed

Annual accounts 2024

Download PDF
Financial year ended
31-12-2024
Filed on
24-11-2025
Format
micro format
Reference
2025-00569565
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€33,007
2023 · €5,556
Working capital
-€153,927▼ 4,234%
2023 · -€3,551
Trend over the years

2023 to 2024, 2 financial years

The operating result turns negative in 2024: a loss of €20,970 after €6,851 in 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€20,970 2024 Net result-€33,007 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result€6,851--€20,970
Net result€5,556within the sector's middle half--€33,007below the sector's middle half
Equity€10,556within the sector's middle half--€22,451below the sector's middle half
Total assets€18,201below the sector's middle half-€514,260above the sector's middle half▲ 28×
Debt€7,645-€536,712▲ 70×
Working capital-€3,551within the sector's middle half--€153,927below the sector's middle half▼ 4,234%
Solvency58.0%within the sector's middle half--4.4%below the sector's middle half▼ 62.4pp
Current ratio0.54below the sector's middle half-0.03below the sector's middle half▼ 0.50
Return on assets (ROA)30.5%above the sector's middle half--6.4%below the sector's middle half▼ 36.9pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €514,260
Fixed assets €509,195 ▲ 36×
Current assets €5,065 ▲ 23.7%
Equity and liabilities
Equity-€22,451
Debt€536,712
Equity is negative: debt (€536,712) exceeds the balance-sheet total (€514,260).
Key figures and ratios
2024 value · change against 2023
EBITDA
-€2,905▼
2023 · €7,290
Cash flow
-€14,942▼
2023 · €5,995
Interest coverage
-0.24▼
2023 · over 100
Debt ≤ 1 year
€158,992▲
2023 · €7,645
Debt > 1 year
€377,719
Income taxes
€53▼
2023 · €1,275
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,251 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96.6% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a small loss
1.0% went bankrupt
2.1% stopped otherwise
96.6% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 8.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,251 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines

Source: Annual accounts 2024 (PDF), filed with the National Bank on 24-11-2025.

Balance sheet Code20232024
Assets
Total assets20/58€18,201€514,260▲
Fixed assets21/28€14,107€509,195▲
Tangible fixed assets22/27€14,107€509,195▲
Plant, machinery and equipment23€14,107€509,195▲
Current assets29/58€4,093€5,065▲
Amounts receivable within one year40/41€3,146€4,839▲
Trade receivables40€2,790€4,116▲
Other amounts receivable41€356€723▲
Cash at bank and in hand54/58€942€175▼
Deferred charges and accrued income490/1€6€51▲
Equity and liabilities
Total equity and liabilities10/49€18,201€514,260▲
Equity10/15€10,556-€22,451▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€5,556-€27,451▼
Amounts payable17/49€7,645€536,712▲
Amounts payable after more than one year17-€377,719
Financial debts170/4-€377,269
Other amounts payable178/9-€450
Amounts payable within one year42/48€7,645€158,992▲
Current portion of amounts payable after more than one year42-€46,515
Trade debts44€5,511€69,842▲
Suppliers440/4€5,511€66,371▲
Bills of exchange payable441-€3,471
Taxes, remuneration and social security45€2,134€7,000▲
Taxes450/3€2,134€7,000▲
Other amounts payable47/48-€35,635
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€439€18,065▲
Other operating charges640/8€434€1,414▲
Gross operating margin9900€7,724-€1,491▼
Operating profit (loss)9901€6,851-€20,970▼
Financial income75/76B€0€7▲
Recurring financial income75€0€7▲
Financial charges65/66B€19€11,992▲
Recurring financial charges65€19€11,992▲
Profit (loss) for the period before taxes9903€6,831-€32,954▼
Income taxes67/77€1,275€53▼
Profit (loss) for the period9904€5,556-€33,007▼
Profit (loss) for the period to be appropriated9905€5,556-€33,007▼
Appropriation of the result
Profit (loss) to be appropriated9906€5,556-€27,451▼
Profit (loss) brought forward from the previous period14P-€5,556

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€439€18,065▲ 41×
Other operating charges640/8€434€1,414▲ 225%
Gross operating margin9900€7,724-€1,491-
Operating profit (loss)9901€6,851-€20,970-
Financial income75/76B€0€7▲ 743×
Recurring financial income75€0€7▲ 743×
Financial charges65/66B€19€11,992▲ 619×
Recurring financial charges65€19€11,992▲ 619×
Profit (loss) for the period before taxes9903€6,831-€32,954-
Income taxes67/77€1,275€53▼ 95.8%
Profit (loss) for the period9904€5,556-€33,007-
Profit (loss) for the period to be appropriated9905€5,556-€33,007-
Line20232024Change
Assets
Total assets20/58€18,201€514,260▲ 28×
Fixed assets21/28€14,107€509,195▲ 36×
Tangible fixed assets22/27€14,107€509,195▲ 36×
Plant, machinery and equipment23€14,107€509,195▲ 36×
Current assets29/58€4,093€5,065▲ 23.7%
Amounts receivable within one year40/41€3,146€4,839▲ 53.8%
Trade receivables40€2,790€4,116▲ 47.5%
Other amounts receivable41€356€723▲ 103%
Cash at bank and in hand54/58€942€175▼ 81.4%
Deferred charges and accrued income490/1€6€51▲ 762%
Equity and liabilities
Total equity and liabilities10/49€18,201€514,260▲ 28×
Equity10/15€10,556-€22,451-
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€5,556-€27,451-
Amounts payable17/49€7,645€536,712▲ 70×
Amounts payable after more than one year17-€377,719-
Financial debts170/4-€377,269-
Other amounts payable178/9-€450-
Amounts payable within one year42/48€7,645€158,992▲ 21×
Current portion of amounts payable after more than one year42-€46,515-
Trade debts44€5,511€69,842▲ 13×
Suppliers440/4€5,511€66,371▲ 12×
Bills of exchange payable441-€3,471-
Taxes, remuneration and social security45€2,134€7,000▲ 228%
Taxes450/3€2,134€7,000▲ 228%
Other amounts payable47/48-€35,635-
Line20232024Change
Profit (loss) for the period9904€5,556-€33,007-
+ Depreciation and write-downs630€439€18,065▲ 41×
Operating cash flow (approximation)€5,995-€14,942-
Investment in fixed assets (approximation)--€513,153-
Change in cash--€766-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2024 micro format 24-11-2025 2025-00569565 PDF
31-12-2023 micro format 02-12-2024 2024-00611880 PDF
31-12-2023 full format 15-07-2024 2024-00256649 PDF

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 5,986 active companies whose main activity is agents in non-specialised wholesale trade (NACE 46190), figures are known for 2,626. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.