Financials
Financial year 2025
ALGIMO from Gent, company number BE0436329061, closed financial year 2025 with a result of € 27.5 million after tax. For that financial year ALGIMO recorded revenue of € 2 million and equity of € 211.5 million. Compared with financial year 2024, the result moved from € 29.3 million to € 27.5 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 211.5 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27.5 million
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 2 million
▲ € 1.8 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 146.7 million.
People and assets in 2025
8.3
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 805,400
€ 97,000 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.
€ 2,363
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 206,770
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 66 days on average.
€ 117,995
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,287,886 | € 1,424,339 | € 1,797,998 | € 1,957,688 | ▲ 9% |
| Profit after taxes | € 6,512,614 | € 11,984,244 | € 29,347,387 | € 27,464,770 | ▼ 6% |
| Equity | € 142,690,171 | € 154,674,415 | € 184,021,802 | € 211,486,572 | ▲ 15% |
| Total debts | € 2,823,023 | € 2,685,553 | € 2,260,749 | € 2,842,178 | ▲ 26% |
| Cash | € 2,618,158 | € 11,845,355 | € 241,637 | € 1,991,744 | ▲ € 1.8 million |
| Land & buildings | € 488,777 | € 488,777 | € 488,777 | € 488,777 | |
| Retained profit | € 77,890,448 | € 89,874,692 | € 119,222,078 | € 146,686,848 | ▲ 23% |
| Balance sheet total | € 145,513,194 | € 157,359,969 | € 186,282,551 | € 214,328,750 | ▲ 15% |
| Employees (FTE) | 8.5 | 8.6 | 8.6 | 8.3 | ▼ 0.3 |
Key figures of ALGIMO, 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 ALGIMO?
What happened at ALGIMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Arthur Bostoen stepped down as director. NBB
- Hector Bostoen stepped down as director. NBB
- Quatorze Juillet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 27.5 million (▼ 6% vs 2024). Source: NBB ↗
- Arthur Bostoen became a director. NBB
- Hector Bostoen became a director. NBB
- Quatorze Juillet became a director. NBB
- New establishment in Gent. KBO
In short
From € 6.5 million profit in 2022 to € 27.5 million profit in 2025.
Best year ever: 2024, with € 29.3 million profit.
Pays suppliers within 66 days on average.
Management
The shares are held by Stichting Administratiekantoor Investibo (99.3%). It owns 100% of ALGINVEST, 98.9% of GOVI, 98.8% of CHRISTEYNS and 42.3% of PERITUS BRANDS itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Director · represented by Alain BOSTOEN
Also active at: CHRISTEYNS, Agrobos, BEAULIEU INTERNATIONAL GROUP, CLOVER, WOSH, ALGINVEST
since 2023 · until 2029
Shareholders
Stichting Administratiekantoor Investibo
99.3%
Participations
Establishments
Establishment units
Physical locations of this company
Afrikalaan 182
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →CHRISTEYNS same network
€ 106.4 million revenue · 2025
Agrobos same network
€ 40,921 gross margin · 2024
CLOVER same network
€ 160,785 gross margin · 2025
CHRISTEYNS ENGINEERING
€ 15.1 million revenue · 2025
In-house laundry
€ 1,209 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.329.061
- VAT number
- BE 0436.329.061
- Registered office
- Afrikalaan 182, 9000 Gent
- Names & denominations
- ALGIMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1988
- Peppol
- Active · Active since 22 Oct 2025
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Overige persoonlijke diensten
Overige diensten , n.e.g.
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen