ACTIVE

ALGIMO

Financial year 2025 · closed on 31/12/2025
Net result
27,5 M €
-6.4% YoY
Revenue
2,0 M €
+8.9% YoY
Equity
211,5 M €
+14.9% YoY
Workforce
8,3 ETP
-3.5% YoY

What does ALGIMO do?

ALGIMO is a Public limited company incorporated in 1988. Its registered office is in Gent. It employs on average 8,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0436.329.061
Incorporation
23/12/1988
Legal form
Public limited company
Registered office
Afrikalaan 182
9000 Gent · FlandreSee on map
Contributed capital
44 006 112,13 €
Latest accounts
31/12/2025
Average workforce
8,3 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue2,0 M €1,8 M €1,4 M €1,3 M €1,3 M €1,2 M €1,2 M €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €1,4 M €902,0 k €867,6 k €1,2 M €709,4 k €460,7 k €849,4 k €9,2 M €
EBITDA-66,8 k €73,9 k €-113,9 k €-52,5 k €-120,0 k €-111,5 k €25,8 M €-19,7 k €77,9 k €44,7 k €98,5 k €59,6 k €105,2 k €-4,2 k €-1,6 k €140,7 k €23,9 k €786,8 k €1,3 M €5,6 M €
Operating result-67,4 k €73,8 k €-113,9 k €-52,5 k €-120,0 k €-111,5 k €25,8 M €-19,7 k €77,9 k €44,7 k €98,5 k €59,6 k €105,2 k €-4,2 k €-1,6 k €133,6 k €8,8 k €771,6 k €1,3 M €5,6 M €
Net result27,5 M €29,3 M €12,0 M €6,5 M €4,3 M €304,0 k €35,9 M €4,5 M €4,7 M €2,6 M €3,5 M €2,2 M €2,2 M €2,6 M €1,9 M €1,6 M €5,2 M €-18,4 M €2,6 M €4,9 M €
Balance sheet
Equity211,5 M €184,0 M €154,7 M €142,7 M €136,2 M €131,8 M €131,5 M €95,7 M €91,1 M €86,4 M €83,8 M €80,4 M €54,2 M €52,0 M €49,6 M €47,7 M €46,1 M €40,9 M €38,3 M €35,7 M €
Total assets214,3 M €186,3 M €157,4 M €145,5 M €138,1 M €134,1 M €133,8 M €97,8 M €93,3 M €91,2 M €86,0 M €82,6 M €56,7 M €54,1 M €51,6 M €49,6 M €48,7 M €46,5 M €43,9 M €37,0 M €
Cash2,0 M €241,6 k €11,8 M €2,6 M €2,2 M €133,4 k €1,5 M €982,6 k €80,5 k €249,6 k €1,3 M €799,8 k €68,2 k €264,0 k €638,3 k €1,2 M €426,1 k €15,3 k €80,6 k €30,2 k €
Debts2,5 M €2,0 M €2,5 M €2,6 M €1,8 M €2,1 M €2,1 M €2,1 M €2,1 M €4,6 M €2,1 M €2,2 M €2,5 M €2,1 M €2,0 M €1,9 M €2,6 M €5,5 M €5,7 M €1,3 M €
Other
Workforce8,3 ETP8,6 ETP8,6 ETP8,5 ETP8,6 ETP8,5 ETP9,3 ETP8,4 ETP7,0 ETP6,8 ETP6,8 ETP6,8 ETP6,5 ETP7,0 ETP7,0 ETP7,0 ETP7,0 ETP6,8 ETP6,8 ETP6,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

Arthur Bostoen

Director · since 10 juin 2023 · until 09 juin 2029

Active
Hector Bostoen

Director · since 10 juin 2023 · until 09 juin 2029

Active
QUATORZE JUILLET

Director · since 10 juin 2023 · until 09 juin 2029 · 0824.531.573

Represented by Alain BOSTOEN

Active

Ended mandates

Elisabeth DE VOS

Director · since 09 juin 2018 · until 08 octobre 2020

Ended
Elisabeth DE VOS

Director · since 09 juin 2018 · until 08 juin 2024

Ended
Marijke DE VOS

Director · since 09 juin 2018 · until 10 juin 2023

Ended
Marijke DE VOS

Director · since 09 juin 2018 · until 08 juin 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202627/06/202510/06/202407/07/202307/07/202208/07/2021
General meeting13/06/202614/06/202508/06/202410/06/202311/06/202212/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

39 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202513/06/202626/06/2026DutchPDF
Full model31/12/202414/06/202527/06/2025DutchPDF
m120-f-p31/12/202414/06/202525/06/2025DutchPDF
Full model31/12/202308/06/202410/06/2024DutchPDF
m120-f-p31/12/202308/06/202410/06/2024DutchPDF
Full model31/12/202210/06/202307/07/2023DutchPDF
m120-f-p31/12/202207/07/2023DutchPDF
Full model31/12/202111/06/202207/07/2022DutchPDF
m120-f-p31/12/202111/06/202207/07/2022DutchPDF
Full model31/12/202012/06/202108/07/2021DutchPDF
m120-f-p31/12/202012/06/202108/07/2021DutchPDF
Full model31/12/201913/06/202025/06/2020DutchPDF
m120-f-p31/12/201913/06/202002/07/2020DutchPDF
Full model31/12/201808/06/201930/07/2019DutchPDF
m120-f-p31/12/201808/06/201930/07/2019DutchPDF
Full model31/12/201709/06/201824/07/2018DutchPDF
m120-f-p31/12/201709/06/201824/07/2018DutchPDF
Full model31/12/201610/06/201725/07/2017DutchPDF
m120-f-p31/12/201610/06/201728/07/2017DutchPDF
Full model31/12/201511/06/201629/07/2016DutchPDF
m120-f-p31/12/201511/06/201605/08/2016DutchPDF
Full model31/12/201413/06/201531/07/2015DutchPDF
m120-f-p31/12/201413/06/201531/07/2015DutchPDF
Full model31/12/201314/06/201428/08/2014DutchPDF

View all 39 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

Arthur Bostoen

Director · since 10 juin 2023 · until 09 juin 2029

Active
Hector Bostoen

Director · since 10 juin 2023 · until 09 juin 2029

Active
QUATORZE JUILLET

Director · since 10 juin 2023 · until 09 juin 2029 · 0824.531.573

Represented by Alain BOSTOEN

Active

Ended mandates

Elisabeth DE VOS

Director · since 09 juin 2018 · until 08 octobre 2020

Ended
Elisabeth DE VOS

Director · since 09 juin 2018 · until 08 juin 2024

Ended
Marijke DE VOS

Director · since 09 juin 2018 · until 10 juin 2023

Ended
Marijke DE VOS

Director · since 09 juin 2018 · until 08 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/05/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other22/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202527,5 M €
  2. 12/08/2025
    reconductionBOSTOEN Alain — vaste vertegenwoordiger van de BV Quatorze Juillet (bestuurder)
  3. 12/08/2025
    reconductionBOSTOEN Hector — bestuurder
  4. 12/08/2025
    reconductionBOSTOEN Arthur — bestuurder
  5. 12/08/2025
    reconductionAlain Bostoen — vaste vertegenwoordiger van de BV Quatorze Juillet (gedelegeerd bestuurder)
  6. 2024
    Annual accounts 202429,3 M €
  7. 2023
    Annual accounts 202312,0 M €
  8. 10/06/2023
    demissionMarijke DE VOS — bestuurder
  9. 10/06/2023
    nominationHector BOSTOEN — bestuurder
  10. 10/06/2023
    nominationArthur BOSTOEN — bestuurder
  11. 10/06/2023
    reconductionQUATORZE JUILLET BV — bestuurder
  12. 01/01/2023
    reconductionERNST EN YOUNG BEDRIJFSREVISOREN BV — commissaris
  13. 2022
    Annual accounts 20226,5 M €
  14. 2021
    Annual accounts 20214,3 M €
  15. 2020
    Annual accounts 2020304,0 k €
  16. 2019
    Annual accounts 201935,9 M €
  17. 2018
    Annual accounts 20184,5 M €
  18. 2017
    Annual accounts 20174,7 M €
  19. 2016
    Annual accounts 20162,6 M €
  20. 2015
    Annual accounts 20153,5 M €
  21. 2014
    Annual accounts 20142,2 M €
  22. 29/04/2014
    reconductionPaul BOSTOEN — gedelegeerd bestuurder
  23. 29/04/2014
    reconductionAlain BOSTOEN — gedelegeerd bestuurder
  24. 2013
    Annual accounts 20132,2 M €
  25. 2012
    Annual accounts 20122,6 M €
  26. 2011
    Annual accounts 20111,9 M €
  27. 2010
    Annual accounts 20101,6 M €
  28. 2009
    Annual accounts 20095,2 M €
  29. 2008
    Annual accounts 2008-18,4 M €
  30. 2007
    Annual accounts 20072,6 M €
  31. 2006
    Annual accounts 20064,9 M €
  32. 23/12/1988
    IncorporationPublic limited company