What does VERZEKERINGEN ALGOET do?

VERZEKERINGEN ALGOET is an insurance broker in Kuurne. Public Limited, started on 29 December 1992, 1 establishment.

What is the address of VERZEKERINGEN ALGOET?

The registered office of VERZEKERINGEN ALGOET is located at Twaalfde-Liniestraat 12, 8520 Kuurne.

Is VERZEKERINGEN ALGOET still active?

Yes. According to the CBE (31 October 2026) VERZEKERINGEN ALGOET is active, legal situation “Normale toestand”, started on 29 December 1992.

Is VERZEKERINGEN ALGOET registered on Peppol?

Yes, VERZEKERINGEN ALGOET is registered on the Peppol network with ID 0208:0449122074.

What is the enterprise number of VERZEKERINGEN ALGOET?

The enterprise number of VERZEKERINGEN ALGOET is BE0449122074.

When was VERZEKERINGEN ALGOET founded?

VERZEKERINGEN ALGOET was founded on 29 December 1992.

Who are the directors of VERZEKERINGEN ALGOET?

According to the 2025 annual accounts, the directors of VERZEKERINGEN ALGOET are: Stimaco BV, Bilancio + BV.

Is VERZEKERINGEN ALGOET a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 December 1992; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did VERZEKERINGEN ALGOET make in 2025?

VERZEKERINGEN ALGOET posted a profit after taxes of € 325,708 in financial year 2025.

What is the revenue of VERZEKERINGEN ALGOET?

As a small company, VERZEKERINGEN ALGOET is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 582,590.

How much does an employee at VERZEKERINGEN ALGOET earn?

The average wage cost per full-time employee at VERZEKERINGEN ALGOET was € 55,500 in 2025: staff costs of € 110,925 for 2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VERZEKERINGEN ALGOET have?

According to the 2025 annual accounts, VERZEKERINGEN ALGOET has 2 full-time equivalents (FTE).

VERZEKERINGEN ALGOET (Public Limited) - Kuurne

Dossier VERZEKERINGEN ALGOET, printed on 1 November 2026 from databakkes.be/en/0449122074/verzekeringen-algoet. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

VERZEKERINGEN ALGOET from Kuurne, company number BE0449122074, closed financial year 2025 with a result of € 325,708 after tax. For that financial year VERZEKERINGEN ALGOET recorded a gross margin of € 582,590 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 310,312 to € 325,708. Profitable, and profit is growing. 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 August 28, 2026.

What it is worth Growing

€ 1.9 million

▲ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 325,708

▲ 5% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.2 million

▲ 294% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 229,000 paid out

70 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 110,925

€ 55,500 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.

Vehicles and equipment

€ 1,260

▼ 51% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 18,327

▼ 47% vs 2024

€ 16,892 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 70,310

▼ 2% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 28,168

▼ 29% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 464,225 Gross margin 2022: € 464,225 First fiscal year in the series	€ 515,116 Gross margin 2023: € 515,116 ▲ 11% vs 2022 (€ 464,225) Favourable step	€ 564,639 Gross margin 2024: € 564,639 ▲ 10% vs 2023 (€ 515,116) Favourable step	€ 582,590 Gross margin 2025: € 582,590 ▲ 3% vs 2024 (€ 564,639) Favourable step	▲ 3%
Profit after taxes	€ 243,066 Profit after taxes 2022: € 243,066 First fiscal year in the series	€ 298,469 Profit after taxes 2023: € 298,469 ▲ 23% vs 2022 (€ 243,066) Favourable step	€ 310,312 Profit after taxes 2024: € 310,312 ▲ 4% vs 2023 (€ 298,469) Favourable step	€ 325,708 Profit after taxes 2025: € 325,708 ▲ 5% vs 2024 (€ 310,312) Favourable step	▲ 5%
Equity	€ 1,524,411 Equity 2022: € 1,524,411 First fiscal year in the series	€ 1,822,880 Equity 2023: € 1,822,880 ▲ 20% vs 2022 (€ 1,524,411) Favourable step	€ 1,771,792 Equity 2024: € 1,771,792 ▼ 3% vs 2023 (€ 1,822,880) Unfavourable step	€ 1,868,501 Equity 2025: € 1,868,501 ▲ 5% vs 2024 (€ 1,771,792) Favourable step	▲ 5%
Total debts	€ 189,092 Total debts 2022: € 189,092 First fiscal year in the series	€ 191,614 Total debts 2023: € 191,614 ▲ 1% vs 2022 (€ 189,092) Unfavourable step	€ 146,737 Total debts 2024: € 146,737 ▼ 23% vs 2023 (€ 191,614) Favourable step	€ 116,854 Total debts 2025: € 116,854 ▼ 20% vs 2024 (€ 146,737) Favourable step	▼ 20%
Cash	€ 1,349,560 Cash 2022: € 1,349,560 First fiscal year in the series	€ 540,928 Cash 2023: € 540,928 ▼ 60% vs 2022 (€ 1,349,560) Unfavourable step	€ 292,692 Cash 2024: € 292,692 ▼ 46% vs 2023 (€ 540,928) Unfavourable step	€ 1,151,965 Cash 2025: € 1,151,965 ▲ 294% vs 2024 (€ 292,692) Favourable step	▲ 294%
Land & buildings	€ 108,286 Land & buildings 2022: € 108,286 First fiscal year in the series	€ 103,036 Land & buildings 2023: € 103,036 ▼ 5% vs 2022 (€ 108,286) Unchanged	€ 97,786 Land & buildings 2024: € 97,786 ▼ 5% vs 2023 (€ 103,036) Unchanged	€ 92,487 Land & buildings 2025: € 92,487 ▼ 5% vs 2024 (€ 97,786) Unchanged	▼ 5%
Retained profit	€ 1,353,718 Retained profit 2022: € 1,353,718 First fiscal year in the series	€ 1,652,187 Retained profit 2023: € 1,652,187 ▲ 22% vs 2022 (€ 1,353,718) Favourable step	€ 1,601,099 Retained profit 2024: € 1,601,099 ▼ 3% vs 2023 (€ 1,652,187) Unfavourable step	€ 1,697,807 Retained profit 2025: € 1,697,807 ▲ 6% vs 2024 (€ 1,601,099) Favourable step	▲ 6%
Dividend	€ 496,000 Dividend 2022: € 496,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 496,000) Unchanged	€ 361,400 Dividend 2024: € 361,400 Unchanged (€ 0) Unchanged	€ 229,000 Dividend 2025: € 229,000 ▼ 37% vs 2024 (€ 361,400) Unchanged	▼ 37%
Bank debt	€ 65,512 Bank debt 2022: € 65,512 First fiscal year in the series	€ 50,344 Bank debt 2023: € 50,344 ▼ 23% vs 2022 (€ 65,512) Favourable step	€ 34,623 Bank debt 2024: € 34,623 ▼ 31% vs 2023 (€ 50,344) Favourable step	€ 18,327 Bank debt 2025: € 18,327 ▼ 47% vs 2024 (€ 34,623) Favourable step	▼ 47%
Balance sheet total	€ 1,713,503 Balance sheet total 2022: € 1,713,503 First fiscal year in the series	€ 2,014,494 Balance sheet total 2023: € 2,014,494 ▲ 18% vs 2022 (€ 1,713,503) Unchanged	€ 1,918,530 Balance sheet total 2024: € 1,918,530 ▼ 5% vs 2023 (€ 2,014,494) Unchanged	€ 1,985,355 Balance sheet total 2025: € 1,985,355 ▲ 3% vs 2024 (€ 1,918,530) Unchanged	▲ 3%
Employees (FTE)	1.4 Employees (FTE) 2022: 1.4 First fiscal year in the series	1.3 Employees (FTE) 2023: 1.3 ▼ 0.1 vs 2022 (1.4) Unchanged	2 Employees (FTE) 2024: 2 ▲ 0.7 vs 2023 (1.3) Unchanged	2 Employees (FTE) 2025: 2 Unchanged (2) Unchanged

Key figures of VERZEKERINGEN 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 VERZEKERINGEN ALGOET?

What happened at VERZEKERINGEN ALGOET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Stimaco BV stepped down as director. NBB
2029 Bilancio + BV stepped down as director. NBB
Aug 28, 2026 New annual accounts for financial year 2025: profit of € 325,708 (▲ 5% vs 2024). filed late Source: NBB ↗
Feb 16, 1993 New establishment in Kuurne. KBO
Dec 29, 1992 Start of the company according to the CBE. KBO

In short

From € 243,066 profit in 2022 to € 325,708 profit in 2025.

Paid € 556,984 in corporate taxes since 2022.

Best year ever: 2025, with € 325,708 profit.

On average € 291,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Stimaco BV

Director · represented by Tim Algoet

· until 2029

Bilancio + BV

Director · represented by Sybil Algoet

· until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Twaalfde-Liniestraat 12

8520 Kuurne

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0449.122.074
VAT number: BE 0449.122.074
Registered office: Twaalfde-Liniestraat 12, 8520 Kuurne
Names & denominations: VERZEKERINGEN ALGOET
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 29 December 1992
Peppol: Active · Active since 30 Jan 2026
Activities · NACE: Activiteiten van verzekeringsagenten en -makelaars

View on CBE Public ↗ Annual accounts (NBB) ↗

VERZEKERINGEN ALGOET