Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 10.7 to 9.3.
Financials
Financial year 2024
ALGROMAC from Ravels, company number BE0444020369, closed financial year 2024 with a result of € 69,002 after tax. For that financial year ALGROMAC recorded a gross margin of € 862,505 and equity of € 718,178. Compared with financial year 2023, the result moved from € 99,447 to € 69,002. 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 August 22, 2025.
€ 718,178
▼ 8% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,002
▼ 31% vs 2023
Profit after tax over the fiscal year.
€ 225,486
▼ 15% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 130,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
9.3
▼ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 686,903
▲ 2% vs 2023
€ 73,900 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.
€ 143,503
▲ 53% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 127,235
▲ 151% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,540
▼ 91% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 713,785 | € 765,507 | € 861,432 | € 862,505 | |
| Profit after taxes | € 64,475 | € 44,895 | € 99,447 | € 69,002 | ▼ 31% |
| Equity | € 734,833 | € 729,729 | € 779,176 | € 718,178 | ▼ 8% |
| Total debts | € 93,400 | € 103,648 | € 166,102 | € 264,396 | ▲ 59% |
| Cash | € 153,528 | € 265,690 | € 265,370 | € 225,486 | ▼ 15% |
| Land & buildings | € 18,465 | € 12,462 | € 7,274 | € 10,502 | ▲ 44% |
| Retained profit | € 710,033 | € 704,929 | € 754,376 | € 693,378 | ▼ 8% |
| Dividend | € 0 | € 50,000 | € 50,000 | € 130,000 | ▲ 160% |
| Balance sheet total | € 828,233 | € 833,377 | € 945,277 | € 982,574 | ▲ 4% |
| Employees (FTE) | 11.4 | 10.7 | 9.7 | 9.3 | ▼ 0.4 |
Key figures of ALGROMAC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ALGROMAC?
What happened at ALGROMAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 69,002 (▼ 31% vs 2023). filed late Source: NBB ↗
- New establishment in Ravels. KBO
- Start of the company according to the CBE. KBO
In short
From € 64,475 profit in 2021 to € 69,002 profit in 2024.
Paid € 131,102 in corporate taxes since 2021.
Best year ever: 2023, with € 99,447 profit.
On average € 92,700 of value added per employee in 2024.
Management
Behind ALGROMAC is Gert Heyns.
Directors
According to the 2024 annual accounts
Gert Heyns
Director
Establishments
Establishment units
Physical locations of this company
Meir 46
2381 Ravels
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.020.369
- VAT number
- BE 0444.020.369
- Registered office
- Meir 46, 2381 Ravels
- Names & denominations
- ALGROMAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 April 1991
- Peppol
- Active · Active since 22 Nov 2024
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