Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
Gross margin
€ 712,131
▲ 44% vs 2024
Profit
Growing€ 171,481
▲ 116% vs 2024
Debts
Low€ 2.9 million
▲ 2% vs 2024
ALGO from Maldegem, company number BE0465183690, closed financial year 2025 with a result of € 171,481 after tax. For that financial year ALGO recorded a gross margin of € 712,131 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 79,466 to € 171,481. 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 July 22, 2026.
What happened at ALGO?
What happened at ALGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Arne Goethals stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 171,481 (▲ 116% vs 2024). Source: NBB ↗
- Arne Goethals became a director. NBB
- Martine De Zutter became a director. NBB
- Koen Goethals became a director. NBB
- New establishment in Assenede. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,034 profit in 2021 to € 171,481 profit in 2025.
Paid € 664 in corporate taxes since 2021.
Best year ever: 2023, with € 343,404 profit.
A new publication or filing at ALGO? We notify you, reason included.
Follow ALGONeed more data?
History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
Then €29.99/mo excl. VAT, cancel monthly. No credit card to try; the AI assistant is not included, or only in a very limited form, during the trial month. Sign up now and you’ll be invited first.
Management
Behind ALGO are Martine De Zutter and Koen Goethals. The same people are also behind International Pig Industry, LARAGRO, ARKO, KAMPELHOF and HAZELARENHOEK.
Directors
According to the 2025 annual accounts
Martine De Zutter
Director
since 2021
since 2021
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Grote Nieuwhofdreef 36 box b
9990 Maldegem
Veldstraat 12
9960 Assenede
Active since 15 March 1999
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
Details
- Company number
- 0465.183.690
- VAT number
- BE 0465.183.690
- Registered office
- Grote Nieuwhofdreef 36 bus b, 9990 Maldegem
- Names & denominations
- ALGO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 1999
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Teelt van groenten, meloenen en wortel- en knolgewassen
Groothandel in granen, zaden en diervoeders
Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment
Ondersteunende activiteiten in verband met de teelt van gewassen
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden