JOHAN ALGOET
ActiveJOHAN ALGOET has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €291. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 190 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-52
Solvency48=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.94 against 1.05 in 2024; short-term debt: 65.4% and cash: 20.7% of total assets), and 76.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 27
Relative position
BE, all sectors
reference
Sector 27
higher
← 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
23.2%
Return on assets
0.2%
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 28-08-2026, 28 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
28 d late
2024
20 d early
2023
30 d late
2022
31 d late
2021
29 d late
2020
30 d late
2019
26 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€28k▼ 1.9%
2024 · €29k
2018: €3k
2019: €18k
2020: €-12k
2021: €-28k
2022: €-28k
2023: €-15k
2024: €29k
2018 → 2025
Total assets
€120k▼ 2.3%
2024 · €123k
2018: €197k
2019: €230k
2020: €213k
2021: €137k
2022: €106k
2023: €104k
2024: €123k
2018 → 2025
Net result
€291▼ 99.3%
2024 · €44k
2018: €-30k
2019: €16k
2020: €-30k
2021: €-17k
2022: €745
2023: €12k
2024: €44k
2018 → 2025
Working capital
€-5k
2024 · €4k
2018: €-38k
2019: €-16k
2020: €-46k
2021: €-60k
2022: €-56k
2023: €-44k
2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-28k-€-28k▲ 2.6%€-15k▲ 45.0%€29k€28k▼ 1.9%
Operating result€-11k-€5k€16k▲ 223%€46k▲ 196%€481▼ 99.0%
Net result€-17k-€745€12k▲ 1,567%€44k▲ 252%€291▼ 99.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 99% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120k
Fixed assets
€46k▲ 87.9%
Current assets
€74k▼ 25.0%
Equity and liabilities €120k
Equity
€28k▼ 1.9%
Debt
€92k▼ 2.4%
The debt ratio falls from 76.9% to 76.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€17k▼
2024 · €59k
Cash flow
€17k▼
2024 · €57k
Solvency
23.2%▲
2024 · 23.1%
Current ratio
0.94▼
2024 · 1.05
Quick ratio
0.76▼
2024 · 0.92
Debt / equity
3.30▼
2024 · 3.32
ROE
1.0%▼
2024 · 153.2%
ROA
0.2%▼
2024 · 35.4%
Interest coverage
3.50▼
2024 · 24.00
Debt
€92k▼
2024 · €95k
Debt ≤ 1 year
€79k▼
2024 · €94k
Debt > 1 year
€13k▲
2024 · €445
Income taxes
€140▲
2024 · €140
Staff costs
€65k▲
2024 · €64k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€123k€120k▼
Fixed assets21/28€25k€46k▲
Tangible fixed assets22/27€25k€46k▲
Land and buildings22€18k€13k▼
Furniture and vehicles24€7k€34k▲
Financial fixed assets28€50€50=
Current assets29/58€99k€74k▼
Stocks and contracts in progress3€12k€14k▲
Stocks30/36€12k€14k▲
Amounts receivable within one year40/41€35k€32k▼
Trade receivables40€31k€29k▼
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€50k€25k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€123k€120k▼
Equity10/15€29k€28k▼
Contributions10/11€19k€19k=
Reserves13€10k€9k▼
Tax-exempt reserves132€858€858=
Distributable reserves133€9k€9k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€95k€92k▼
Amounts payable after more than one year17€445€13k▲
Financial debts170/4€445€13k▲
Amounts payable within one year42/48€94k€79k▼
Current portion of amounts payable after more than one year42€6k€7k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€25k€32k▲
Suppliers440/4€25k€32k▲
Taxes, remuneration and social security45€7k€12k▲
Taxes450/3€3k€1k▼
Remuneration and social security454/9€4k€10k▲
Other amounts payable47/48€56k€29k▼
Accrued charges and deferred income492/3-€285
Income statement
Code20242025
Remuneration, social security and pensions62€64k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€126k€85k▼
Operating profit (loss)9901€46k€481▼
Financial income75/76B€100€5k▲
Recurring financial income75€100€65▼
Non-recurring financial income76B-€5k
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€44k€431▼
Income taxes67/77€140€140▲
Profit (loss) for the period9904€44k€291▼
Profit (loss) for the period to be appropriated9905€44k€291▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€291▲
Profit (loss) brought forward from the previous period14P€-48k€0▲
Transfer from equity791/2€4k€542▼
Profit to be distributed694/7-€833
Return on contributions (dividend)694-€833
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €44k ▲252%
Operating result €46k, net result €44k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €745
Net result €745 after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Oudenaarde · 1 establishment unit since 2008
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.
Hauwaart 129700 OudenaardeGround area
2,947 m²
Building footprint
109 m²
Volume, LiDAR
506 m³
Parcel 45021A0419/00W000, Flanders · tallest building 5.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JOHAN ALGOET BVBA
since 20082.179.222.883
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45021A0419/00W000 | Flanders | 2,947 m² | 1 · 109 m² | 5.4 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 468 EUR awarded · 468 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 117 EUR | 117 EUR |
| 2023 | 1 | 117 EUR | 117 EUR |
| 2022 | 1 | 234 EUR | 234 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 257 companies in sector 27402 we hold annual accounts for 158. 90 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-09-2005
Fiscal year end31-12
Activities, NACEBEL
27402Manufacture of electrical equipment
47540Retail sale of electrical household appliances
52450
26300Manufacture of computer, electronic and optical products
31621
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 20 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.