What does ALGONEG do?

ALGONEG is a metalworking company in Peer. Private Limited, started on 8 February 2007, 1 establishment.

What is the address of ALGONEG?

The registered office of ALGONEG is located at Leyssenhofweg 16 box 1, 3990 Peer.

Is ALGONEG still active?

Yes. According to the CBE (30 October 2026) ALGONEG is active, legal situation “Normale toestand”, started on 8 February 2007.

Is ALGONEG registered on Peppol?

Yes, ALGONEG is registered on the Peppol network with ID 0208:0887159327.

What is the enterprise number of ALGONEG?

The enterprise number of ALGONEG is BE0887159327.

When was ALGONEG founded?

ALGONEG was founded on 8 February 2007.

Who are the directors of ALGONEG?

According to the 2025 annual accounts, the directors of ALGONEG are: Davy Nelis, Chris Nelis.

Is ALGONEG a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 February 2007; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did ALGONEG make in 2025?

ALGONEG posted a profit after taxes of € 19,229 in financial year 2025.

What is the revenue of ALGONEG?

As a small company, ALGONEG is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 68,366.

ALGONEG (Private Limited) - Peer - BE0887159327

Dossier ALGONEG, printed on 30 October 2026 from databakkes.be/en/0887159327/algoneg. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ALGONEG from Peer, company number BE0887159327, closed financial year 2025 with a result of € 19,229 after tax. For that financial year ALGONEG recorded a gross margin of € 68,366 and equity of € 144,729. Compared with financial year 2024, the result moved from € 10,916 to € 19,229. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 11, 2025.

What it is worth Healthy

€ 144,729

▼ 15% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 19,229

▲ 76% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 76,882

▲ 12% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 44,908 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 47,125

▼ 30% vs 2024

Of which on lease € 47,125.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 185,327

▼ 19% vs 2024

€ 42,987 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 5,550

▲ 73% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 13,116

▲ 19% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 53,667 Gross margin 2022: € 53,667 First fiscal year in the series	€ 60,717 Gross margin 2023: € 60,717 ▲ 13% vs 2022 (€ 53,667) Favourable step	€ 63,296 Gross margin 2024: € 63,296 ▲ 4% vs 2023 (€ 60,717) Favourable step	€ 68,366 Gross margin 2025: € 68,366 ▲ 8% vs 2024 (€ 63,296) Favourable step	▲ 8%
Profit after taxes	€ 35,664 Profit after taxes 2022: € 35,664 First fiscal year in the series	€ 11,921 Profit after taxes 2023: € 11,921 ▼ 67% vs 2022 (€ 35,664) Unfavourable step	€ 10,916 Profit after taxes 2024: € 10,916 ▼ 8% vs 2023 (€ 11,921) Unfavourable step	€ 19,229 Profit after taxes 2025: € 19,229 ▲ 76% vs 2024 (€ 10,916) Favourable step	▲ 76%
Equity	€ 204,338 Equity 2022: € 204,338 First fiscal year in the series	€ 159,493 Equity 2023: € 159,493 ▼ 22% vs 2022 (€ 204,338) Unfavourable step	€ 170,409 Equity 2024: € 170,409 ▲ 7% vs 2023 (€ 159,493) Favourable step	€ 144,729 Equity 2025: € 144,729 ▼ 15% vs 2024 (€ 170,409) Unfavourable step	▼ 15%
Total debts	€ 303,554 Total debts 2022: € 303,554 First fiscal year in the series	€ 301,410 Total debts 2023: € 301,410 ▼ 1% vs 2022 (€ 303,554) Favourable step	€ 263,254 Total debts 2024: € 263,254 ▼ 13% vs 2023 (€ 301,410) Favourable step	€ 221,758 Total debts 2025: € 221,758 ▼ 16% vs 2024 (€ 263,254) Favourable step	▼ 16%
Cash	€ 123,721 Cash 2022: € 123,721 First fiscal year in the series	€ 58,021 Cash 2023: € 58,021 ▼ 53% vs 2022 (€ 123,721) Unfavourable step	€ 68,430 Cash 2024: € 68,430 ▲ 18% vs 2023 (€ 58,021) Favourable step	€ 76,882 Cash 2025: € 76,882 ▲ 12% vs 2024 (€ 68,430) Favourable step	▲ 12%
Land & buildings	€ 277,033 Land & buildings 2022: € 277,033 First fiscal year in the series	€ 260,667 Land & buildings 2023: € 260,667 ▼ 6% vs 2022 (€ 277,033) Unchanged	€ 245,830 Land & buildings 2024: € 245,830 ▼ 6% vs 2023 (€ 260,667) Unchanged	€ 232,367 Land & buildings 2025: € 232,367 ▼ 5% vs 2024 (€ 245,830) Unchanged	▼ 5%
Retained profit	€ 185,738 Retained profit 2022: € 185,738 First fiscal year in the series	€ 140,893 Retained profit 2023: € 140,893 ▼ 24% vs 2022 (€ 185,738) Unfavourable step	€ 151,809 Retained profit 2024: € 151,809 ▲ 8% vs 2023 (€ 140,893) Favourable step	€ 126,129 Retained profit 2025: € 126,129 ▼ 17% vs 2024 (€ 151,809) Unfavourable step	▼ 17%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 56,766 Dividend 2023: € 56,766 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 56,766) Unchanged	€ 44,908 Dividend 2025: € 44,908 Unchanged (€ 0) Unchanged
Bank debt	€ 265,287 Bank debt 2022: € 265,287 First fiscal year in the series	€ 268,799 Bank debt 2023: € 268,799 ▲ 1% vs 2022 (€ 265,287) Unfavourable step	€ 228,884 Bank debt 2024: € 228,884 ▼ 15% vs 2023 (€ 268,799) Favourable step	€ 185,327 Bank debt 2025: € 185,327 ▼ 19% vs 2024 (€ 228,884) Favourable step	▼ 19%
Balance sheet total	€ 524,455 Balance sheet total 2022: € 524,455 First fiscal year in the series	€ 477,466 Balance sheet total 2023: € 477,466 ▼ 9% vs 2022 (€ 524,455) Unchanged	€ 450,226 Balance sheet total 2024: € 450,226 ▼ 6% vs 2023 (€ 477,466) Unchanged	€ 377,529 Balance sheet total 2025: € 377,529 ▼ 16% vs 2024 (€ 450,226) Unchanged	▼ 16%

Key figures of ALGONEG, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to ALGONEG?

What happened at ALGONEG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Dec 11, 2025 New annual accounts for financial year 2025: profit of € 19,229 (▲ 76% vs 2024). Source: NBB ↗
Feb 12, 2007 New establishment in Peer. KBO
Feb 8, 2007 Start of the company according to the CBE. KBO

In short

From € 35,664 profit in 2022 to € 19,229 profit in 2025.

Paid € 26,450 in corporate taxes since 2022.

Best year ever: 2022, with € 35,664 profit.

Paid out € 101,674 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Davy Nelis Chris Nelis

Algoneg³

ALGONEG

NELIS INVEST

TERRAVEST

Behind ALGONEG are Davy Nelis and Chris Nelis. The same people are also behind Algoneg³. Chris Nelis is also behind NELIS INVEST and TERRAVEST.

Directors

According to the 2025 annual accounts

Davy Nelis

Manager

Also active at: Algoneg³

Chris Nelis

Manager

Also active at: Algoneg³, NELIS INVEST, TERRAVEST

Establishments

Establishment units

Physical locations of this company

Registered office

Leyssenhofweg 16 box 1

3990 Peer

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0887.159.327

VAT number

BE 0887.159.327

Registered office

Leyssenhofweg 16 bus 1, 3990 Peer

Names & denominations

ALGONEG

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

8 February 2007

Peppol

Active · Active since 17 Nov 2025

Activities · NACE

Verspanend bewerken van metalen

Algemene metaalbewerking

Schilderen van gebouwen

Schrijnwerk

Metaalschrijnwerk

Schilderen

View on CBE Public ↗ Annual accounts (NBB) ↗

ALGONEG

Financials

What happened to ALGONEG?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions