ATAVUS CONSTRUCT
ActiveSummary
ATAVUS CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €660,201 and a net result of -€339,799. Its solvency ranks better than 59% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Development of residential building projects
NACE 68121
1 site
Size
€1.6mtotal assets 2025
- Equity
- €660,201
- Loss
- -€339,799
Turnover not published (abbreviated format)
Structure
- Parent
- ATAVUS · 100%
- ATAVUSDirector · permanent representative DEGROOTE Xavier
- JANICK MAERTENSDirector
2025 accounts 64 days early
Why 80raises risk1 change of registered office in 24 monthsLoss of €339,799 (financial year 2025)lowers riskSector: Real estate activities (NACE 68)Size: total assets €1.6mShow the evidence
Checked score
Score 2025
80
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 31% of its sector peers (NACE 68, micro)
Financial strength
Weak
Solvency
67
equity 42.0% of total assets
Liquidity
37
short-term debt 57.6% · cash 13.5%
Profitability
0
return on assets -21.6%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 1.1%
12-2025: 1.2%▲ +0.1 percentage points vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.3%▲ +0.1 percentage points vs 01-2026
03-2026: 1.4%▲ +0.1 percentage points vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.5%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 0.5%▼ -1.0 percentage point vs 05-2026lowest value
07-2026: 0.5%● unchanged vs 06-2026lowest value
08-2026: 0.5%● unchanged vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €50,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 1.74, above the usual 1.5; short-term debt: 57.6% and cash: 13.5% of total assets), but 58% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 58% on solvency, 30% on liquidity and 4% on profitability.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
64 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Permanent representative: Xavier DegrooteRegistered-office move
- IncorporationPermanent representatives: DEGROOTE Xavier and…
Financials · financial year 2025, abbreviated format
Equity
€660,201
Total assets
€1.6m
Net result
-€339,799
Working capital
€667,581
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
Equity and liabilities €1.6m
Equity
€660,201
Debt
€912,715
Debt finances 58.0% of the balance-sheet total.
Key figures and ratios
Current ratio
1.74
Quick ratio
0.24
Debt to equity
1.38
ROE
-51.5%
ROA
-21.6%
Debt ≤ 1 year
€905,335
Peer companies
Historical observationOf the 132 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 93.9% are still going.
- Small
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
3.0%
went bankrupt
3.0%
stopped otherwise
93.9%
still going
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 132 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2025 |
|---|---|
| Other operating charges640/8 | €188 |
| Gross operating margin9900 | -€329,233 |
| Operating profit (loss)9901 | -€329,421 |
| Financial charges65/66B | €10,378 |
| Recurring financial charges65 | €10,378 |
| Profit (loss) for the period before taxes9903 | -€339,799 |
| Profit (loss) for the period9904 | -€339,799 |
| Profit (loss) for the period to be appropriated9905 | -€339,799 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €1.6m | |
| Current assets29/58 | €1.6m | |
| Stocks and contracts in progress3 | €1.4m | |
| Stocks30/36 | €1.4m | |
| Cash at bank and in hand54/58 | €0.2m | |
| Deferred charges and accrued income490/1 | €0.001m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €1.6m | |
| Equity10/15 | €0.7m | |
| Contributions10/11 | €1.0m | |
| Profit (loss) carried forward14 | -€0.3m | |
| Amounts payable17/49 | €0.9m | |
| Amounts payable within one year42/48 | €0.9m | |
| Trade debts44 | €0.2m | |
| Suppliers440/4 | €0.2m | |
| Advances received on contracts in progress46 | €0.5m | |
| Taxes, remuneration and social security45 | €0.2m | |
| Taxes450/3 | €0.2m | |
| Accrued charges and deferred income492/3 | €0.007m | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€339,799 |
| Operating cash flow (approximation) | -€339,799 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-05-2026 | 2026-00123762 |
Similar companies · same sector, comparable size
HET LANDGOED DEVELOPMENT
BE 0452.172.131
Antwerpen · equity €660,161
B&B Development
BE 0632.558.873
Sint-Lambrechts-Woluwe · equity €659,097
K.S. Sales and Consulting
BE 0461.208.769
Kontich · equity €658,543
ORBP
BE 0732.537.268
Eghezée · equity €658,078
V-COOL
BE 0713.597.128
Heusden-Zolder · equity €662,389
Of the 9,532 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,448. 4,414 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, no change since 2024
Board 2
ATAVUS
CurrentDirector (not named in the articles) · since 04-10-2024 · Private limited company · permanent representative: DEGROOTE Xavier
JANICK MAERTENS
CurrentDirector (not named in the articles) · since 04-10-2024 · Private limited company
Permanent representatives 1
DEGROOTE Xavier
CurrentPermanent representative · since 04-10-2024 · for ATAVUS
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Mandate history
2 people since 2024, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| ATAVUS |
|
| JANICK MAERTENS |
|
Owners and capital
Owners
1 ownerChain of control
- ATAVUS
- ATAVUS CONSTRUCT
Highest known parent: ATAVUS. The sources do not say who stands above it.
Owners 1
- ATAVUSparentSourceaccounts ATAVUS 2025100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 04-10-2024 ↗
- ATAVUS (BE 0778.883.373) 1,000 shares (100%) · €1,000,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 04-10-2024 Incorporation · €1,000,000 · 1,000 shares
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ATAVUS ZUID
Shared corporate director
→
GENT ZUID
Shared corporate director
→
History
Acts, filings and financial milestones
2026
28-05
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2025
12-03
Gazette deed
Permanent representative: Xavier DegrooteRegistered-office move4 facts ▸
Gazette deed
Permanent representative: Xavier Degroote
Registered-office move4 facts ▸
- Board meeting, 19-02-2025
- Registered-office move, Kapellestraat 130 bus H1, 8020 Oostkamp
- Director in office, Atavus BV (director)
- Permanent representative, Xavier Degroote
2024
04-10
Gazette deed
IncorporationPermanent representatives: DEGROOTE Xavier and MAERTENS Janick · Appointments: ATAVUS (director) and JANICK MAERTENS (director) · Founding capital15 facts ▸
Gazette deed
Incorporation
Permanent representatives: DEGROOTE Xavier and MAERTENS Janick · Appointments: ATAVUS (director) and JANICK MAERTENS (director) · Founding capital15 facts ▸
- Director in office, XAVIER DEGROOTE (statutory director)
- Permanent representative, DEGROOTE Xavier (2 times)
- Incorporation, 01-10-2024
- Founding capital, €1,000,000
- Capital, €100,000
- Registered office clause, “8000 Brugge, Hoogstraat 6, algemene vergadering heeft besloten gebruik te maken van de mogelijkheid om het precieze adres van de zetel buiten de statuten te lat…” (deed in Dutch)
- Other provision, “niet van toepassing, Website en e-mail adres” (deed in Dutch)
- Board rule, 2
- Director appointment, ATAVUS (director (not named in the articles))
- Director appointment, JANICK MAERTENS (director (not named in the articles))
- Permanent representative, MAERTENS Janick
- Pre-incorporation commitments, “takeover, alle verbintenissen, verplichtingen en activiteiten ondernomen in naam en voor rekening van de vennootschap in oprichting” (deed in Dutch)
- +3 further facts in this act
Gazette deedNBB filing
2 of 2 deeds read
Register details
Identification
Legal formPrivate limited company
Founded02-10-2024
Financial year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:1014535074
Registered
21-10-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1014.535.074
Environmental permits
1 application in Flanders since 2025 · 1 granted
Bouwen of herbouwen; Een grond gebruiken, aanleggen of inrichten; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden; Verbouwen / Wijzigen Infrastructuur
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Oostkamp · 1 establishment unit since 2024
Ground area
2.8 ha
Building footprint
1,121 m²
Building volume
9,151 m³
2 parcels, Flanders · tallest building 22.2 m. Linked by address, not a title deed.
15
companies at this address
See who is registered here
1 establishment unit
Hoogstraat 6, 8000 Brugge
since 2024unit no. 2.365.737.552
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31022I0695/00C000 | Flanders | 2.7 ha | 1 · 557 m² | - |
| 31802B1085/00S000 | Flanders | 1,173 m² | 1 · 564 m² | 22.2 m · 5 |
How the parcels are linked
Good to know
Both parcels match the address exactly.
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “1) De aankoop, de verkoop, de ruiling, de verkaveling, de splitsing, de oprichting, de afwerking, de (onder)verhuring, in opstal of in…” (deed in Dutch)
12 activities (deed in Dutch)
- 1) De aankoop, de verkoop, de ruiling, de verkaveling, de splitsing, de oprichting, de afwerking, de (onder)verhuring, in opstal of in erfpacht geven of nemen en het in huur nemen leasen en het beheren van alle onroerende goederen (bebouwd of onbebouwd, gemeubeld en/of ongemeubeld).
- Elke promotie inzake onroerende goederen, met inbegrip van makelarij, en alle bouwondernemingen zoals algemene bouwondernemingen, ondernemingen voor het bouwen, herstellen en onderhouden van wegen, voor rioleringswerken, voor water-, elektriciteit- en gasvoorziening, voor grondwerken, ondernemingen voor het bouwen van stellingen, alsmede voor het invoegen en reinigen van gevels, voor slopingswerken, voor het optrekken van paviljoenen, voor het plaatsen van afsluitingen, voor het water dichtmaken en bedekken van gebouwen met asfalt en teer of op elke andere wijze, voor het droogmaken van gebouwen, voor het aanleggen van alle muur- en vloerbedekkingen, voor isolering, voor alle pleisterwerken, van timmer- en schrijnwerk en ijzerwerk voor gebouwen, voor het vervaardigen en het plaatsen van alle vensterluiken, voor het plaatsten van ramen en glaswerk, voor schilder- en versieringswerk, voor het plaatsen van alle vormen van verwarmingen, alle sanitaire inrichtingen, alle lood- en zinkwerk en alle elektrische installaties voor gebouwen.
- 2) Alle activiteiten van de horecasector en in het bijzonder het uitbaten, beheren en inrichten van hotels, motels, bed&breakfast, aparthotels, restaurants, snackbars, tearooms en drankgelegenheden en van alle andere dergelijke inrichtingen, en van alle andere vormen van logement, eet- en ontspanningsinstellingen in de ruimste zin van het woord en van de ondersteunende dienstverlening terzake.
- Het verschaffen van alle activiteiten deel uitmakend van de horecasector zoals het organiseren en sponsoren van feestelijkheden, waaronder recepties, spreekbeurten, colloquia, studiedagen, workshops, shows, spektakels en alle andere recreatievormen in de ruimste zin van het woord.
- Het verhuren van kamers, conferentieruimten, installaties, rijwielen, met of zonder bediening en/of ondersteunend personeel.
- De organisatie van business meetings, handelsmissies, professionele contacten, in binnen- of in buitenland, en alles wat daarmee verband houdt, inbegrepen het zorgen voor maaltijden, overnachtingen, vergaderruimten, logistieke en intellectuele bijstand.
- Het uitbaten van een wisselkantoor.
- De uitbating van een traiteurdienst meer bepaald de aankoop van grondstoffen, preparaten, ingrediënten en hulpstoffen, diverse sausen, likeuren en wijnen voor de bereiding, verkoop en bedeling van bereide spijzen, schotels en menu's zowel als groothandel als kleinhandel en zowel rechtstreeks als tussenpersoon, voor eender welke persoon, handel, distributieketen, reisorganisator of school.
- 3) Een patrimonium bestaande uit roerende en onroerende goederen verwerven, behouden, in de ruimste zin van het woord, beheren en oordeelkundig uitbreiden.
- Het aankopen, onderschrijven, beheren, verkopen, omruilen voor eigen rekening van aandelen, deelbewijzen en/of effecten allerlei van vennootschappen en/of verenigingen eender welke, alsmede van andere roerende en/of onroerende waarden, tegoeden en/of vorderingen.
- Het verlenen van diensten, zowel in het binnen- als in het buitenland, aan Belgische en buitenlandse ondernemingen, op het gebied van handel, nijverheid en administratie, het verrichten van voorbereidende studies en adviezen op gebied van management, bedrijfsvoering, financiën, marketing, export en import, financiering, het verlenen van hulp aan ondernemingen in oprichting of bij overname van bestaande ondernemingen en meer in het algemeen alles te doen wat de oprichting, de uitbating en het beheer van de ondernemingen van nut kan zijn.
- Het nemen van participaties onder eender welke vorm, in alle bestaande of nog op te richten vennootschappen en ondernemingen, evenals het verlenen van alle managementbijstand en het waarnemen van alle bestuursmandaten en het ter beschikking stellen van personen gespecialiseerd in het adviseren en/of besturen van ondernemingen, dit alles in de meest ruime zin.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan bevoegd binnen België, geen statutenwijziging tenzij ander gewest; taalwijziging vereist algemene vergadering…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “De niet-statutaire bestuurders zijn herroepbaar ad nutum bij besluit van de algemene vergadering, zonder dat hun herroeping recht geeft op…” (deed in Dutch)“De regels van openbaarmaking voor de benoeming en de beëindiging van het mandaat van de rechtspersoon zijn ook van toepassing op diens vaste…” (deed in Dutch)“Het bestuur heeft de meest uitgebreide machten om in alle omstandigheden namens de vennootschap alle handelingen te verrichten die nodig of…” (deed in Dutch)“Hij kan bijzondere en tijdelijke machten toekennen aan elke mandataris., Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en…” (deed in Dutch)
Capital, shares and profit
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Tijdstippen en plaatsen bepaald door de algemene vergadering of het bestuursorgaan, algemene vergadering op voorstel van het bestuursorgaan” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 19:30
- Meeting agendaHow the agenda is set and who may add items to it.
- “Alleen beslissen over de voorstellen op de agenda, alle personen aanwezig of vertegenwoordigd en volmachten vermelden dit uitdrukkelijk” (deed in Dutch)
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- “Elke aandeelhouder kan aan iedere andere aandeelhouder of aan een derde, door alle middelen van overdracht, een schriftelijke volmacht geven…” (deed in Dutch)“Schriftelijke volmacht, alle middelen van overdracht” (deed in Dutch)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Wettelijke en statutaire bepalingen betreffende de aandelen zonder stemrecht” (deed in Dutch)“Meerderheid van stemmen, ongeacht het aantal effecten dat op de algemene vergadering vertegenwoordigd is” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor