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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ALGAMA INDUSTRY from Grâce-Hollogne, company number BE0797800254, closed financial year 2024 with a result of € -301,653 after tax. For that financial year ALGAMA INDUSTRY recorded a gross margin of € -215,748 and equity of € -542,558. Compared with financial year 2023, the result moved from € -290,905 to € -301,653. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2025.
€ -542,558
▼ € 301,653 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -301,653
▼ 4 % more loss than in 2023
Profit after tax over the fiscal year.
€ 106,629
▲ 7% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -592,558.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 58,670
▲ 2% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 44,875
▲ € 38,267 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 104
▼ 99% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € -232,339 | € -215,748 | ▲ € 16,591 |
| Profit after taxes | € -290,905 | € -301,653 | ▼ € 10,748 |
| Equity | € -240,905 | € -542,558 | ▼ € 301,653 |
| Total debts | € 468,644 | € 809,978 | ▲ 73% |
| Cash | € 99,470 | € 106,629 | ▲ 7% |
| Land & buildings | € 5,959 | € 5,326 | ▼ 11% |
| Retained profit | € -290,905 | € -592,558 | ▼ € 301,653 |
| Balance sheet total | € 227,739 | € 267,421 | ▲ 17% |
Key figures of ALGAMA INDUSTRY, fiscal years 2023 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 ALGAMA INDUSTRY?
What happened at ALGAMA INDUSTRY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 301,653. filed late Source: NBB ↗
- Ludovic D'OTREPPE DE BOUVETTE became a director. NBB
- Thomas FELICE stepped down as director. NBB
- New establishment in Grâce-Hollogne. KBO
- ALGAMA became a director. NBB
- Thomas FELICE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 290,905 loss in 2023 to € 301,653 loss in 2024.
Paid € 211 in corporate taxes since 2023.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ALGAMA INDUSTRY are Ludovic D'OTREPPE DE BOUVETTE and ALGAMA.
Directors
According to the 2024 annual accounts
Ludovic D'OTREPPE DE BOUVETTE
Director
since 2024
Director · represented by Alvyn SEVERIEN
since 2023
Thomas FELICE
Director
since 2023 · until 2024
Establishments
Establishment units
Physical locations of this company
Rue des Nouvelles Technologies 2
4460 Grâce-Hollogne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0797.800.254
- VAT number
- BE 0797.800.254
- Registered office
- Rue des Nouvelles Technologies 2, 4460 Grâce-Hollogne
- Names & denominations
- ALGAMA INDUSTRY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2023
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied