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Complete company report
Generated 17-08-2026
Active BE 0681.889.511Private limited company (pre-2019)

ALG CONSTRUCT

· 8 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of ALG CONSTRUCT is ≥ 25% (high). The 2022 annual accounts show equity of €25k and a net result of €5k. Equity is growing by ~30.5% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 3 administrative register entries (see administrative flags).

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €25k
Net result €5k
Active 8 yrs
Board 3
Financial profile 5 of 5 axes measured · computed by Checked
Health100Profitability100Solvency98Growth78Stability76
90 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 100
Solvency 98
Growth 78
Stability 76
Bankruptcy probability (12 mo) Checked model v1 · free
≥ 25% High
0%0,5%1,5%4%10%≥25%
Recent warning signals +No NACE activity registered +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
9 / 100
Low risk
Components
· 3 administrative flags (+9)
Trust signals 1 signals
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags3 events
Address struck×3
Health barometer FY 2022 · computed
100 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 01-12-2023 with the NBB · fiscal year 2022 · micro
€0€3k€5k€8kOperating result 2018: €6k€6kNet result 2018: €5k€5kOperating result 2019: €9k€9kNet result 2019: €9k€9kOperating result 2020: €6k€6kNet result 2020: €4k€4kOperating result 2021: €6k€6kNet result 2021: €4k€4kOperating result 2022: €5k€5kNet result 2022: €5k€5k20182019202020212022
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Net result: declining trend of ~2.8%/year over 5 fiscal years, indicative, assuming unchanged policy.
€0€2k€4k€6k€8k2023: €4k (€3k - €6k)2024: €4k (€2k - €6k)2025: €4k (€2k - €7k)2018: €5k2019: €9k2020: €4k2021: €4k2022: €5k20182019202020212022202320242025
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€5k
-16.6% 18-22
Net profit
€5k
+22.3% 18-22
Cash flow
€5k
+24.1% 18-22
Total assets
€43k
+19.9% 18-22
Equity
€25k
+25.7% 18-22
Working capital
€25k
+25.0% 18-22
Income taxes
€2k
+30.5% 18-22
Debt
€18k
+12.6% 18-22
Show 8 other metrics
Debt ≤ 1y
€18k
+12.6% 18-22
Current ratio
2.41
+6.2% 18-22
Quick ratio
2.41
+6.2% 18-22
Solvency
59.1%
+4.8% 18-22
Debt / equity
0.69
-10.4% 18-22
ROE
20.4%
-2.7% 18-22
ROA
12.1%
+1.9% 18-22
Interest coverage
28.44
+868.5% 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue-
EBITDA€5k
Net profit€5k
Cash flow€5k
Staff costs-
Income taxes€2k
Dividends-
Total assets€43k
Equity€25k
Debt€18k
of which ≤ 1y€18k
of which > 1y-
Working capital€25k
Employees (FTE)-
Ratios (computed)
2022
Current ratio2.41
Quick ratio2.41
Working capital ratio57.6%
Solvency59.1%
Debt / equity0.69
Long-term debt ratio-
Interest coverage28.44
Gross margin-
Net margin-
ROA12.1%
ROE20.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€43k
Fixed assets 21/28€633
Tangible fixed assets 22/27€633
Current assets 29/58€42k
Amounts receivable within one year 40/41€42k
Cash & bank 54/58€171
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€43k
Equity 10/15€25k
Reserves 13€4k
Accumulated profits (losses) 14€22k
Amounts payable 17/49€18k
Amounts payable within one year 42/48€18k
Trade debts payable within one year 44€12k
Income statement
Gross operating margin 9900€5k
Operating result 9901€5k
Financial income 75€2k
Financial charges 65€192
Result before taxes 9903€7k
Income taxes 67/77€2k
Net result for the period 9904€5k
Result to be appropriated 9905€5k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 4 directors
Current directors & mandates
  • Brandao Monteiro De Sousa Ricardo Daniel
    Manager
    State Gazette act 25021818 (12-02-2025)
    Current
    12-02-2025 → present
  • Ferreira Miranda Femando
    Manager
    State Gazette act 25021818 (12-02-2025)
    Current
    01-02-2025 → present
  • Brandao Monteiro De Sousa Daniel
    Manager
    State Gazette act 25014928 (29-01-2025)
    Current
    31-12-2024 → present
Former directors (1)
  • Ferreira Miranda Fernando
    Director
    State Gazette act 25048491 (14-04-2025)
    Former
    - → 31-03-2025
    2 events
    • 31-03-2025 Resigned· Director
    • 01-11-2024 Resigned· Manager
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation28-09-2017
StatusActive
Postal code-
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22004C0677/00T000 Flanders 210 m² 1 · 89 m² 10.1 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 15 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
08-12-2025
KBO administration Address struck
18-08-2025
KBO administration Address struck
14-04-2025
State Gazette act Director changes
14-02-2025
State Gazette act Director changes
12-02-2025
State Gazette act Director changes
ortuna Bruuset
29-01-2025
State Gazette act Director changes
24-01-2025
KBO administration Address struck
2023
01-12-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
01-12-2023
NBB filing Annual accounts filed
fiscal year 2021 · micro
01-12-2023
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
06-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
26-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
Lifecycle & Insolvency Signals3 events
08-12-2025
KBO administration Address struck
 · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 2 further earlier events in this file, covering 24-01-2025 to 08-12-2025.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-01-24 · KBO administration · Address struck2025-08-18 · KBO administration · Address struck2025-12-08 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 10 acts read

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 4 acts
All acts · 4 updated 1 year ago
2025
14-04-2025 Ferreira Miranda Fernando resigns as director Director changes
  • Ferreira Miranda Fernando, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
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        "name": "Ferreira Miranda Fernando",
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      },
      "reason": "de_plein_droit_dissolution",
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-03-31",
      "evidence_quote": "De algemeen vergadering aanvaard de onslating van meneer Ferreira Miranda Fernando van zijn functie als bestuurder. Kwijting wordt gegeven aan hem van zijn maandaat en dit 31 maart 2025.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
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    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-04-14",
    "filing_date": "2025-03-31",
    "act_kind_objet": "Overdracht - Onslating"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2025-03-31",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0681.889.511",
    "name_full": "ALG CONSTRUCT",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
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  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
14-02-2025 Discharge granted to the board Director changes
Technical details 
{
  "events": [
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Ferreira Miranda Fernando",
        "address": null,
        "birth_date": null,
        "profession": null,
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      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Er werd besloten dat het mandaat meneer Ferreira Miranda Fernando is voor ondepaalde tijd en totdat hat wordt ingetrokken..",
      "decharge_status": "granted",
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-02-14",
    "filing_date": "2025-02-07",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2025-02-06",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0681.889.511",
    "name_full": "ALG CONSTRUC\u0422",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
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  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
12-02-2025 2 directors appointed Director changes·ortuna Bruuset
  • Ferreira Miranda Femando, Zaakvoerder
  • Brandao Monteiro De Sousa Ricardo Daniel, Zaakvoerder
Notary: ortuna Bruuset · Sint-Genesius-Rode
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Ferreira Miranda Femando",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": false,
      "effective_date": "2025-02-01",
      "evidence_quote": "Benoeming van meneer Ferreira Miranda Femando op de post zaakvoerder vanaf 1 februari 2025 totdat 31 maart 2025. Zijn mandaat is kosteloos.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_date",
        "value": "2025-03-31"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Brandao Monteiro De Sousa Ricardo Daniel",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": "ortuna Bruuset",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Sint-Genesius-Rode",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-02-12",
    "filing_date": "2025-02-05",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2025-02-01",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0681.889.511",
    "name_full": "ALG CONSTRUC\u0422",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
29-01-2025 1 director appointed, 1 resigning Director changes
  • Brandao Monteiro De Sousa Daniel, Zaakvoerder
  • Ferreira Miranda Fernando, Zaakvoerder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Ferreira Miranda Fernando",
        "address": null,
        "birth_date": null,
        "profession": null,
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      },
      "reason": "de_plein_droit_dissolution",
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-11-01",
      "evidence_quote": "De algemeen vergadering aanvaard de onslating van meneer Ferreira Miranda Fernando van zijn functie als zaakvoerder. Kwijting wordt gegeven aan hem van zijn maandaat en dit 1 november 2024.",
      "decharge_status": "granted",
      "mandate_duration": null,
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      "effective_date_qualifier": null
    },
    {
      "kind": "director_in",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
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      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-12-31",
      "evidence_quote": "Benoeming van meneer Brandao Monteiro De Sousa Daniel op de post zaakvoerder vanaf 31 december 2024, de hervatting van de verbintenissen en garanties van de heer Ferreira Miranda Fernando",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_date",
        "value": "2024-12-31"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Ferreira Miranda Fernando",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-11-01",
      "evidence_quote": "Kwijting wordt gegeven aan hem van zijn maandaat en dit 1 november 2024.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "substantive_delegation",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Ferreira Miranda Fernando",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-11-01",
      "evidence_quote": "Bij beslissing van de zaakvoerder wordt beslist tot verplaatsing van de maatschappelijke zeter naar :",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "board_snapshot",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Ferreira Miranda Fernando",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Ferreira Miranda Fernando Zaakvoerder",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-01-29",
    "filing_date": "2025-01-22",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2024-11-02",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0681.889.511",
    "name_full": "ALG CONSTRUC\u0422",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
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  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR ALG CONSTRUCT
Registration history
  1. 08-12-2025 Address struck
  2. 18-08-2025 Address struck
  3. 24-01-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative