Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ALMINE RECH GALLERY from Elsene, company number BE0880459595, closed financial year 2024 with a result of € -2 million after tax. For that financial year ALMINE RECH GALLERY recorded a gross margin of € -798,049 and equity of € -3.8 million. Compared with financial year 2023, the result moved from € 360,318 to € -2 million. 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 November 4, 2025.
€ -3.8 million
▼ € 2 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2 million
▼ still € 360,318 profit in 2023
Profit after tax over the fiscal year.
€ 628,255
▼ 69% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.8 million.
People and assets in 2024
11.6
▼ 0.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 884,782
▼ 14% vs 2023
€ 76,300 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.
€ 7,330
▼ 13% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 5.5 million
▲ 40% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 125,023
▼ 76% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 17,476,985 | € 18,321,269 | € 9,266,545 | - | |
| Gross margin | - | - | - | € -798,049 | |
| Profit after taxes | € 559,642 | € 20,020 | € 360,318 | € -2,036,781 | ▼ € 2.4 million |
| Equity | € -2,130,931 | € -2,110,911 | € -1,750,593 | € -3,787,374 | ▼ € 2 million |
| Total debts | € 9,625,858 | € 10,763,236 | € 10,898,372 | € 10,107,997 | ▼ 7% |
| Cash | € 3,310,068 | € 1,319,319 | € 2,007,738 | € 628,255 | ▼ 69% |
| Retained profit | € -2,192,931 | € -2,172,911 | € -1,812,593 | € -3,849,374 | ▼ € 2 million |
| Bank debt | € 3,000,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 7,494,927 | € 8,802,325 | € 9,297,779 | € 6,320,624 | ▼ 32% |
| Employees (FTE) | 10.1 | 10.9 | 12.1 | 11.6 | ▼ 0.5 |
Key figures of ALMINE RECH GALLERY, fiscal years 2021 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 ALMINE RECH GALLERY?
What happened at ALMINE RECH GALLERY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 2 million (▼ € 2.4 million vs 2023). filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 559,642 profit in 2021 to € 2 million loss in 2024.
Paid € 27,041 in corporate taxes since 2021.
Best year ever: 2021, with € 559,642 profit.
A new publication or filing at ALMINE RECH GALLERY? We notify you, reason included.
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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 ALMINE RECH GALLERY is ARG INVEST SAM.
Directors
According to the 2024 annual accounts
Director · represented by Rechner ALMINE
Establishments
Establishment units
Physical locations of this company
Abdijstraat 20
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Google Workspace
Hosting
HETZNER-AS, DE
DNS
AWS Route 53
Domain
Domain
alminerech.com
Registered
2008-06-04
Registrar
Amazon Registrar, Inc.
Expires
2026-06-04
Website info
Features
Security
Network
Details
- Company number
- 0880.459.595
- VAT number
- BE 0880.459.595
- Registered office
- Abdijstraat 20, 1050 Elsene
- Names & denominations
- ALMINE RECH GALLERY · A.R.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2006
- Peppol
- Active · Active since 12 Jan 2026
- Contact
- alminerech.com
- Activities · NACE
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