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JOHAN ALGOET

Active
Private limited companyfounded 2005active for 21 yearsHauwaart 12, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0875.949.491

From the official registers: KBO 20 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

JOHAN ALGOET has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,975 and a net result of €291, of which €4,746 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 26% of 255 sector peers (NACE 27, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 08-09-2005 Normal situation
Legal form
Private limited company
Registered office
Hauwaart 12, 9700 Oudenaarde
Activity
Manufacture of electrical equipment NACE 27402and 3 others
Establishment unit
2.179.222.883 9700 Oudenaarde, since 12-06-2008
Financial year end
31 December
Peppol
Reachable since 31-10-2025

Board and ownership

Board

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€84,979
▼ 32.4%
Turnover
≈ €260,000
estimated
Profit
€291
▼ 99.3%
Equity
€27,975
▼ 1.9%
Total assets
€120,383
▼ 2.3%
Staff
1 FTE
=
2025 accounts filed 28 days after the deadline
Filed on 28-08-2026at the National Bank
Score breakdownraises riskSector: Manufacture of electrical equipment (NACE 27)Equity €27,975 (23.2% of total assets)lowers riskFounded in 2005Liquidity: current ratio 0.94, cash €24,957Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of micro companies in electrical equipment (NACE 27)
Financial strength · tick: 2024
Average
Solvency 48=
equity 23.2% of total assets
Liquidity 41-17
short-term debt 65.4% · cash 20.7%
Profitability 48-52
return on assets 0.2%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (438 companies, NACE 27, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.7%▼ -0.1 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.6 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%▼ -0.2 percentage points vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.94 (1.05 in 2024), below 1. Short-term debt is 65.4% and cash 20.7% of total assets. 76.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 27, micro). It does better than 27% of them on solvency, 34% on liquidity, 35% on profitability and 37% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 0.94, cash €24,957
NBB · annual accounts
raises risk · Sector: Manufacture of electrical equipment (NACE 27)
KBO
raises risk · Equity €27,975 (23.2% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
20 days early
2023
30 days late
2022
31 days late
2021
29 days late
2020
30 days late
2019
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 27), the median for financial year 2024 was 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Documents

Annual accounts at the NBB

All 20 annual accounts

Articles and registers

Key facts about JOHAN ALGOET

What is the company number of JOHAN ALGOET?
The company number of JOHAN ALGOET is 0875.949.491. The VAT number is the same number with BE in front: BE 0875.949.491.
Where is JOHAN ALGOET based?
The registered office is at Hauwaart 12, 9700 Oudenaarde.Company details
What does JOHAN ALGOET do?
According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27402).
What is the legal form of JOHAN ALGOET?
The legal form of JOHAN ALGOET is Private limited company (BV).
When was JOHAN ALGOET founded?
JOHAN ALGOET was founded on 08-09-2005.
Is JOHAN ALGOET still active?
Yes, JOHAN ALGOET is an active enterprise in the KBO register.
How many employees does JOHAN ALGOET have?
JOHAN ALGOET had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of JOHAN ALGOET?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €84,979 and 2,678 comparable companies of the same size. It probably lies between €170,000 and €440,000. It is a rough estimate.
Is JOHAN ALGOET profitable?
In financial year 2025, JOHAN ALGOET made a profit of €291.
Where can I find the annual accounts of JOHAN ALGOET?
JOHAN ALGOET filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of JOHAN ALGOET due?
JOHAN ALGOET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as JOHAN ALGOET: manufacture of electrical equipment (NACE 27402). They are comparable in size and age: total assets between €42,500 and €265,000, founded between 1995 and 2006.

CompanyTotal assetsGross margin
JOHAN ALGOET Oudenaarde€120,383€84,979
MICH Mechelen€225,084€87,845
AXIS 71 Hoegaarden€215,524€58,203
NETOLITE Fleurus€227,719€119,448
COMOBEL Gembloux€264,746€49,712
Log0032 La Louvière€42,544€66,162
LUMINI Dentergem€96,018€30,823
Full comparison

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