Financials
Financial year 2026
ALGRE FOOD from Middelkerke, company number BE0464140248, closed financial year 2026 with a result of € 692,099 after tax. For that financial year ALGRE FOOD recorded a gross margin of € 1.6 million and equity of € 5.3 million. Compared with financial year 2025, the result moved from € 752,703 to € 692,099. 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 October 9, 2026.
€ 5.3 million
▲ 15% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 692,099
▼ 8% vs 2025
Profit after tax over the fiscal year.
€ 1.1 million
▲ 15% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 5.2 million.
People and assets in 2026
8
▲ 0.8 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 224,541
▲ 3% vs 2025
€ 28,100 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.
€ 37,242
▼ 29% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 2.1 million
▼ 18% vs 2025
€ 467,117 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 59,892
▲ 17% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 44,768
▲ 76% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,351,888 | € 1,617,274 | € 1,656,970 | € 1,594,059 | ▼ 4% |
| Profit after taxes | € 577,130 | € 723,685 | € 752,703 | € 692,099 | ▼ 8% |
| Equity | € 3,208,114 | € 3,926,799 | € 4,649,502 | € 5,341,601 | ▲ 15% |
| Total debts | € 4,354,634 | € 3,518,291 | € 2,919,423 | € 2,419,251 | ▼ 17% |
| Cash | € 863,620 | € 628,030 | € 977,801 | € 1,126,554 | ▲ 15% |
| Land & buildings | - | € 128,619 | € 119,619 | € 223,145 | ▲ 87% |
| Retained profit | € 3,054,414 | € 3,773,099 | € 4,495,802 | € 5,187,901 | ▲ 15% |
| Dividend | € 5,000 | € 5,000 | € 30,000 | € 0 | ▼ 100% |
| Bank debt | € 3,541,285 | € 2,984,598 | € 2,516,915 | € 2,070,433 | ▼ 18% |
| Balance sheet total | € 7,562,748 | € 7,445,090 | € 7,568,925 | € 7,760,852 | ▲ 3% |
| Employees (FTE) | 7.1 | 7.9 | 7.2 | 8 | ▲ 0.8 |
Key figures of ALGRE FOOD, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to ALGRE FOOD?
What happened at ALGRE FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 692,099 (▼ 8% vs 2025). filed late Source: NBB ↗
- Wim Lambrecht became a director. NBB
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 577,130 profit in 2023 to € 692,099 profit in 2026.
Paid € 1.3 million in corporate taxes since 2023.
Best year ever: 2025, with € 752,703 profit.
On average € 199,300 of value added per employee in 2026.
Management
Behind ALGRE FOOD is Wim Lambrecht. The shares are held by Wim Lambrecht. It owns 100% of TOKOMAS itself.
Establishments
Establishment units
Physical locations of this company
Distellaan 11-13
8434 Middelkerke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.140.248
- VAT number
- BE 0464.140.248
- Registered office
- Distellaan 11-13, 8434 Middelkerke
- Names & denominations
- ALGRE FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 1998
- Peppol
- Active · Active since 15 Sept 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)