Financials
Financial year 2025
ALGROENCO from Balen, company number BE0889868102, closed financial year 2025 with a result of € 219,253 after tax. For that financial year ALGROENCO recorded a gross margin of € 792,505 and equity of € 836,001. Compared with financial year 2024, the result moved from € 220,672 to € 219,253. The company is profitable. 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 3, 2026.
€ 836,001
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 219,253
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 270,105
▲ 152% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 104,545 paid out
48 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.2
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 227,791
▼ 4% vs 2024
€ 54,200 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.
€ 635,891
▲ 123% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 535,590
▼ 6% vs 2024
€ 107,977 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 611,888
▲ € 473,642 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,360
▼ 67% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 434,915 | € 503,641 | € 781,602 | € 792,505 | ▲ 1% |
| Profit after taxes | € 47,496 | € 75,912 | € 220,672 | € 219,253 | ▼ 1% |
| Equity | € 426,309 | € 500,621 | € 721,293 | € 836,001 | ▲ 16% |
| Total debts | € 1,016,786 | € 930,320 | € 943,373 | € 1,466,458 | ▲ 55% |
| Cash | € 45,306 | € 126,566 | € 107,020 | € 270,105 | ▲ 152% |
| Land & buildings | € 597,365 | € 569,613 | € 539,530 | € 509,781 | ▼ 6% |
| Retained profit | € 407,709 | € 482,021 | € 702,693 | € 817,401 | ▲ 16% |
| Dividend | € 1,600 | € 1,600 | € 0 | € 104,545 | |
| Bank debt | € 791,724 | € 678,920 | € 569,160 | € 535,590 | ▼ 6% |
| Balance sheet total | € 1,443,095 | € 1,430,941 | € 1,664,666 | € 2,302,460 | ▲ 38% |
| Employees (FTE) | 3.3 | 4 | 4.9 | 4.2 | ▼ 0.7 |
Key figures of ALGROENCO, fiscal years 2022 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 ALGROENCO?
What happened at ALGROENCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 219,253 (▼ 1% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Balen. KBO
- Davy Cools became a director. NBB
In short
From € 47,496 profit in 2022 to € 219,253 profit in 2025.
Paid € 229,564 in corporate taxes since 2022.
Best year ever: 2024, with € 220,672 profit.
On average € 188,700 of value added per employee in 2025.
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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
Directors
According to the 2025 annual accounts
Davy Cools
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Breden Els 17
2490 Balen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0889.868.102
- VAT number
- BE 0889.868.102
- Registered office
- Breden Els 17, 2490 Balen
- Names & denominations
- ALGROENCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2007
- Peppol
- Active · Active since 10 Oct 2025
- Activities · NACE
Landschapsverzorging
Fokken en houden van andere runderen en buffels
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Verhuur en lease van landbouwmachines en -werktuigen
Onderhoud en reparatie van auto's
Verhuur van landbouwmachines en -werktuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)