JRL ALGAE
ActiveSummary
JRL ALGAE has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,325 and a net result of €36,315. Equity is shrinking by about 9.3% per year across the filed financial years. Its solvency ranks better than 89% of 349 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €63,325
- Profit
- €36,315
Why 99raises riskSize: total assets €75,244lowers riskLiquidity: current ratio 5.69, cash €67,817Equity €63,325 (84.2% of total assets)Sector: Electricity, gas, steam and air conditioning supply (NACE 35)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 35, micro): better than 88% on solvency, 88% on liquidity, 96% on profitability and 95% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 23 days after the deadline; the sector median (NACE 35) for financial year 2024 is 22 days before the deadline, and 27% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €36,315
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (17 days) Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00405922.
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result returns to profit in 2025: €36,523 after a loss of €3,241 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 35, Electricity, gas, steam and air conditioning supply: 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).
Peer companies
Historical observationOf the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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%.
| 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 26,972 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,378 | €2,154 | €2,154 | €2,154 | €2,154 | €2,154 | = |
| Other operating charges640/8 | - | - | - | - | - | €300 | - |
| Gross operating margin9900 | -€14,029 | -€3,436 | -€857 | -€901 | -€1,087 | €38,977 | - |
| Operating profit (loss)9901 | -€19,407 | -€5,589 | -€3,011 | -€3,054 | -€3,241 | €36,523 | - |
| Financial charges65/66B | - | €290 | €228 | €223 | €219 | €208 | ▼ 4.7% |
| Recurring financial charges65 | €229 | €290 | €228 | €223 | €219 | €208 | ▼ 4.7% |
| Profit (loss) for the period before taxes9903 | -€19,635 | -€5,880 | -€3,238 | -€3,277 | -€3,459 | €36,315 | - |
| Profit (loss) for the period9904 | -€19,635 | -€5,880 | -€3,238 | -€3,277 | -€3,459 | €36,315 | - |
| Profit (loss) for the period to be appropriated9905 | -€19,635 | -€5,880 | -€3,238 | -€3,277 | -€3,459 | €36,315 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €43,247 | €37,333 | €33,747 | €30,469 | €27,010 | €75,244 | ▲ 179% |
| Fixed assets21/28 | €18,189 | €16,036 | €13,882 | €11,728 | €9,575 | €7,421 | ▼ 22.5% |
| Intangible fixed assets21 | €18,189 | €16,036 | €13,882 | €11,728 | €9,575 | €7,421 | ▼ 22.5% |
| Current assets29/58 | €25,058 | €21,297 | €19,865 | €18,741 | €17,435 | €67,823 | ▲ 289% |
| Amounts receivable within one year40/41 | €8,933 | €9,570 | €89 | €184 | €6 | €6 | = |
| Other amounts receivable41 | - | €9,570 | €89 | €184 | €6 | €6 | = |
| Cash at bank and in hand54/58 | €16,125 | €11,727 | €19,776 | €18,557 | €17,429 | €67,817 | ▲ 289% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €43,247 | €37,333 | €33,747 | €30,469 | €27,010 | €75,244 | ▲ 179% |
| Equity10/15 | €42,865 | €36,985 | €33,747 | €30,469 | €27,010 | €63,325 | ▲ 134% |
| Contributions10/11 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Capital10 | - | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Issued capital100 | - | €62,500 | €62,500 | €62,500 | €62,500 | €62,500 | = |
| Profit (loss) carried forward14 | -€19,635 | -€25,515 | -€28,753 | -€32,031 | -€35,490 | €825 | - |
| Amounts payable17/49 | €383 | €348 | - | - | - | €11,919 | - |
| Amounts payable within one year42/48 | €383 | €348 | - | - | - | €11,919 | - |
| Trade debts44 | €383 | €348 | - | - | - | - | - |
| Suppliers440/4 | - | €348 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | €9,524 | - |
| Taxes450/3 | - | - | - | - | - | €9,524 | - |
| Other amounts payable47/48 | - | - | - | - | - | €2,395 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,635 | -€5,880 | -€3,238 | -€3,277 | -€3,459 | €36,315 | - |
| + Depreciation and write-downs630 | €5,378 | €2,154 | €2,154 | €2,154 | €2,154 | €2,154 | = |
| Operating cash flow (approximation) | -€14,258 | -€3,726 | -€1,085 | -€1,124 | -€1,306 | €38,469 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€4,398 | €8,049 | -€1,219 | -€1,128 | €50,387 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-08-2026 | 2026-00405922 |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00440108 |
| 31-12-2023 | micro format | 26-08-2024 | 2024-00384845 |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00417323 |
| 31-12-2021 | micro format | 27-08-2022 | 2022-20399184 |
| 31-12-2020 | micro format | 12-08-2021 | 2021-49000326 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| WILLAMME Rémi Jean |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
15-04
Gazette deed
Resignation: WILLAMME Rémi Jean (director)Amendment of the articles · Director discharge · Power of attorney6 facts ▸
- General meeting, 11-04-2025
- Other provision, 11-04-2025
- Amendment of the articles, 3
- Director resignation, WILLAMME Rémi Jean (director)
- Director discharge, WILLAMME Rémi Jean (director)
- Power of attorney
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63060C0178/00G000 | Wallonia | 580 m² | 1 · 184 m² | 11.8 m · 3 |
How the parcels are linked
Articles of association
- PurposeThe activities the company may carry out under its articles.
- “La pêche et l’aquaculture ; l’aquaculture en mer ou en eau douce; La culture d'algues et autres plantes aquatiques comestibles; La culture…” (deed in French)
14 activities (deed in French)
- La pêche et l’aquaculture ; l’aquaculture en mer ou en eau douce ;
- La culture d'algues et autres plantes aquatiques comestibles ;
- La culture de plantes à usage pharmaceutique ou insecticide,parasiticide ou similaire ;
- La fabrication de compléments alimentaires et de produits alimentaires enrichis de vitamines,protéines,etc ;
- La recherche-développement en biotechnologie ;
- La production,le transport et la distribution d’énergie électrique,chaleur et dérivés,ainsi que toutes les activités connexes,pour toutes les applications actuelles et futures quelles qu’elles soient.La gestion et l’exploitation à cette fin de toutes les installations dont elle est propriétaire ou qui lui sont apportés en usage ;
- La vente au détail,en demi gros ou en gros,également par correspondance ou internet,import-export,de toutes denrées et produits alimentaires et végétaux,y compris poissons,crustacés et mollusques,de compléments alimentaires,de boissons de toutes sortes,de produits de parfumerie,de produits de beauté,de produits d’hygiène,etc.Cette liste n’est pas limitative ;
- L’entreprise et les applications générales de l’électricité ;
- L’étude,la réalisation,fabrication,montage de toutes installations électriques et de tous travaux y afférents,dans le domaine industriel,dans le secteur public ou privé ;
- Les travaux d’installations électriques au sens large,d’éclairage,de force motrice,de réseaux ordinateurs,de téléphonie (notamment l’installation de câblage et de fibre optique),de systèmes d’alarme,de contrôle d’accès de tableaux informatiques,de câblages d’armoires électriques,de domotique,d’autonation et de distribution,sans que cette énumération soit limitative,mais au contraire exemplative,pour autant que ces activités aient un rapport direct ou indirect avec les applications de l’électricité ;
- L’assemblage,la conception,la création,la prise de brevets et de licences,l’achat,la vente,l’importation et l’exportation en gros ou au détail de matériels,appareils et accessoires ayant un rapport direct ou indirect avec les applications électriques (tout appareils et articles électro-ménagers,tout matériels électroniques,tout matériels de sécurité,tout appareils,machines et articles électriques,tout matériels radiophoniques,sans que cette énumération soit exhaustive) ;
- L’achat,la vente,l’importation,l’exportation,le placement,la réparation,la maintenance l’entretien d’installations électriques diverses (y compris le chauffage électrique),d’appareils électriques de toute nature,d’articles de lustrerie,d’éclairage,de matériel radio-électrique,de parlophonie et de vidéophonie ;
- Les activités d’ingénieries et de conseils techniques sauf les activités de géomètres ;
- La prestation de conseils,la consultance au sens large et la formation en matière d'ingénierie informatique,scientifique,commerciale,humaine,environnementale et des sciences du milieu ;
Read from the deeds: 1 provision, deed of 15-04-2025