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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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Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ALGAMA REAL ESTATE from Liège, company number BE0792591948, closed financial year 2025 with a result of € 16,525 after tax. For that financial year ALGAMA REAL ESTATE recorded a gross margin of € 171,612 and equity of € 800,350. Compared with financial year 2024, the result moved from € 29,518 to € 16,525. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 800,350
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,525
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 152,855
▲ 27% 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 € 50,350.
Debts at end 2025
€ 1.5 million
▼ 6% vs 2024
€ 108,125 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 20,210
▲ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,056
▼ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 180,838 | € 191,132 | € 171,612 | ▼ 10% |
| Profit after taxes | € 4,307 | € 29,518 | € 16,525 | ▼ 44% |
| Equity | € 754,307 | € 783,825 | € 800,350 | ▲ 2% |
| Total debts | € 1,776,974 | € 1,663,950 | € 1,611,308 | ▼ 3% |
| Cash | € 162,333 | € 120,412 | € 152,855 | ▲ 27% |
| Land & buildings | € 2,368,949 | € 2,299,520 | € 2,230,091 | ▼ 3% |
| Retained profit | € 4,307 | € 33,825 | € 50,350 | ▲ 49% |
| Bank debt | € 1,673,123 | € 1,580,134 | € 1,484,175 | ▼ 6% |
| Balance sheet total | € 2,531,281 | € 2,447,775 | € 2,411,658 | ▼ 1% |
Key figures of ALGAMA REAL ESTATE, fiscal years 2023 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 ALGAMA REAL ESTATE?
What happened at ALGAMA REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,525 (▼ 44% vs 2024). Source: NBB ↗
- Ludovic D'otreppe became a director. NBB
- New establishment in Liège. KBO
- NOSHAQ PARTNERS became a director. NBB
- NOSHAQ IMMO became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,307 profit in 2023 to € 16,525 profit in 2025.
Paid € 18,133 in corporate taxes since 2023.
Best year ever: 2024, with € 29,518 profit.
Management
The stake of NOSHAQ IMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALGAMA REAL ESTATEBehind ALGAMA REAL ESTATE are NOSHAQ PARTNERS, NOSHAQ IMMO and Ludovic D'otreppe. The shares are held by NOSHAQ IMMO (80%).
Directors
According to the 2025 annual accounts
Director · represented by Alain BALTHAZAR
Also active at: CAUTION MUTUELLE DES METIERS ET NEGOCES, Fonderies J. Marichal Ketin et Cie, DARDENNE, SOGECOM, VITAVERDE.BIO, HAEMERS Technologies, SPACEBEL, NOSHAQ VENTURE +168 more
since 2022
Director · represented by Marie BRAUN
Also active at: SOGECOM, Société d'Investissement du Bassin liégeois, LEANSQUARE, LE FIACRE, VAL SAINT-LAMBERT OFFICE PARK, THB IMMO, MEUSINVEST OSTBELGIENINVEST VENTURE EUROPE, SOCIETE DE GESTION DE FONDS IMMOBILIERS LIEGEOIS +17 more
since 2022
Ludovic D'otreppe
Director
since 2024
Shareholders
80%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Lambert-Lombard 3
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
All companies at this address →CAUTION MUTUELLE DES METIERS ET NEGOCES same network
SOGECOM same network
€ -151,456 gross margin · 2025
NOSHAQ
€ 9 million revenue · 2025
NOSHAQ IMMO same network
€ 2.6 million revenue · 2025
NOSHAQ VENTURE same network
€ 89,352 revenue · 2025
+30 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
- 0792.591.948
- VAT number
- BE 0792.591.948
- Registered office
- Rue Lambert-Lombard 3, 4000 Liège
- Names & denominations
- ALGAMA REAL ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2022
- Peppol
- Active · Active since 10 Oct 2025
- Contact
- [email protected] +3242216211