STIELMAN ALGOET
ActiveSummary
STIELMAN ALGOET has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169,396 and a net result of €65,911, of which €137,964 non-recurring income. Equity has been growing by about 63% per year since 2023. Its solvency ranks better than 89% of 2,797 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Official details
Source: KBO- Status
- Active since 16-12-2022 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 5 others
- Establishment unit
- 2.339.311.683 8930 Menen, since 16-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 02-06-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €84,109
- ▼ 9.5%
- Turnover
- ≈ €340,000
- estimated
- Profit
- €65,911
- ▲ 1.4%
- Equity
- €169,396
- ▲ 63.7%
- Total assets
- €207,589
- ▼ 60.7%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €207,589lowers riskLiquidity: current ratio 5.37, cash €77,841Equity €169,396 (81.6% of total assets)Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 92% of them on solvency, 92% on liquidity, 91% on profitability and 83% on growth.
The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 43 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed IncorporationStarting capital €2,500 · Appointment: ALGOET Andro Gaston (statutory director)
Comparable companies
These companies have the same main activity as STIELMAN ALGOET: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €174,000 and €261,000, founded between 2022 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| STIELMAN ALGOET Menen | €207,589 | €84,109 |
| Rome Made Anzegem | €200,576 | €92,898 |
| CICCIO FLOOR Oostende | €196,786 | €78,971 |
| VICTOR VANDEWIELE Lo-Reninge | €220,722 | €73,744 |
| Inceptum M&M Zedelgem | €173,858 | €73,380 |
| MD CONCRETE RENOVATION Brugge | €192,353 | €65,710 |
| PLESCA CONSTRUCT Jabbeke | €261,464 | €85,757 |
Key facts about STIELMAN ALGOET
- What is the company number of STIELMAN ALGOET?
- The company number of STIELMAN ALGOET is 0794.868.676. The VAT number is the same number with BE in front: BE 0794.868.676.
- Where is STIELMAN ALGOET based?
- The registered office is at Schonekeerstraat 195, 8930 Menen.Company details
- What does STIELMAN ALGOET do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of STIELMAN ALGOET?
- The legal form of STIELMAN ALGOET is Private limited company (BV).
- When was STIELMAN ALGOET founded?
- STIELMAN ALGOET was founded on 16-12-2022.
- Is STIELMAN ALGOET still active?
- Yes, STIELMAN ALGOET is an active enterprise in the KBO register.
- What is the turnover of STIELMAN ALGOET?
- The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €84,109 and 41 comparable companies (NACE 41001). It probably lies between €240,000 and €500,000.Financials
- Is STIELMAN ALGOET profitable?
- In financial year 2025, STIELMAN ALGOET made a profit of €65,911.
- Where can I find the annual accounts of STIELMAN ALGOET?
- STIELMAN ALGOET filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of STIELMAN ALGOET due?
- STIELMAN ALGOET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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