Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INDUSTRIEVEREN ALGOET from Waregem, company number BE0414844056, closed financial year 2025 with a result of € 535 after tax. For that financial year INDUSTRIEVEREN ALGOET recorded a gross margin of € 668,920 and equity of € 288,020. Compared with financial year 2024, the result moved from € 46,475 to € 535. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 288,020
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 535
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 35,212
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 36,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
10.1
Average over the fiscal year, from the social balance sheet.
€ 570,980
▲ 6% vs 2024
€ 56,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 36,962
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 224,545
▼ 11% vs 2024
€ 43,649 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 85,670
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 64,385
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 684,027 | € 740,656 | € 688,127 | € 668,920 | ▼ 3% |
| Profit after taxes | € 65,080 | € 47,873 | € 46,475 | € 535 | ▼ 99% |
| Equity | € 322,136 | € 323,009 | € 323,484 | € 288,020 | ▼ 11% |
| Total debts | € 625,339 | € 544,323 | € 579,917 | € 508,074 | ▼ 12% |
| Cash | € 71,023 | € 70,163 | € 95,005 | € 35,212 | ▼ 63% |
| Land & buildings | € 7,096 | € 5,358 | € 4,429 | € 3,547 | ▼ 20% |
| Retained profit | € 297,136 | € 298,009 | € 298,484 | € 263,020 | ▼ 12% |
| Dividend | € 65,000 | € 47,000 | € 46,000 | € 36,000 | ▼ 22% |
| Bank debt | € 292,876 | € 225,788 | € 253,039 | € 224,545 | ▼ 11% |
| Balance sheet total | € 947,475 | € 867,332 | € 903,401 | € 796,093 | ▼ 12% |
| Employees (FTE) | 10.3 | 10.2 | 10.1 | 10.1 |
Key figures of INDUSTRIEVEREN ALGOET, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to INDUSTRIEVEREN ALGOET?
What happened at INDUSTRIEVEREN ALGOET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 535 (▼ 99% vs 2024). Source: NBB ↗
- Peter Algoet became a director. NBB
- Noël Algoet became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,080 profit in 2022 to € 535 profit in 2025.
Paid € 69,578 in corporate taxes since 2022.
Best year ever: 2022, with € 65,080 profit.
On average € 66,200 of value added per employee in 2025.
A new publication or filing at INDUSTRIEVEREN ALGOET? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind INDUSTRIEVEREN ALGOET are Noël Algoet and Peter Algoet. The shares are held by OMNIS BENE and Peter Algoet.
Directors
According to the 2025 annual accounts
since 2009
since 2012
Shareholders
Peter Algoet · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bilkhagelaan 22
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CYSO-AS, NL
Website info
Features
Security
Details
- Company number
- 0414.844.056
- VAT number
- BE 0414.844.056
- Registered office
- Bilkhagelaan 22, 8790 Waregem
- Names & denominations
- INDUSTRIEVEREN ALGOET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 1974
- Peppol
- Active · Active since 26 Aug 2025
- Activities · NACE
Vervaardiging van artikelen van draad en van kettingen en veren
Vervaardiging van veren
Algemene metaalbewerking
Verspanend bewerken van metalen