ATC

Active

Private limited companyfounded 199036 yrs activeSpelonckvaart 108, 9180 Moerbeke (Waas), BelgiumKBO/BCE: BE 0440.655.558

Summary

ATC has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,545 and a net result of €1,529. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 71% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysis Watch Report Compare

ATCActiveChecked score 70/100

Risk analysis Report Compare

Checked score

Score 2025

70 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability70▼-1

Solvency84▲+10

Growth58=

Track record100

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €4,500 at 30 days acceptable

Liquidity ample (current ratio 2.0 against 1.92 in 2024; short-term debt: 39.2% and cash: 1.4% of total assets), and 41.3% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Retail trade (NACE 47)

about 45% more bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

58.7%

Return on assets

1.3%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

16 d early

2024

29 d early

2023

21 d early

2022

17 d early

2021

19 d early

2020

31 d early

2019

14 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

28-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 2 April 1990, ATC was incorporated.¹ Michiel Van de Veire has served as director of the company since 2026.² Total assets went from EUR 175,632 in 2018 to EUR 115,090 in 2025.³

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity

€67,545▲ 2.3%

2024 · €66,016

Total assets

€115,090▼ 15.4%

2024 · €135,995

Net result

€1,529▼ 47.6%

2024 · €2,920

Working capital

€45,023▼ 4.5%

2024 · €47,129

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Operating result€8,969▲ 202%€2,089▼ 76.7%€3,404▲ 62.9%€4,359▲ 28.1%€3,272▼ 25.0%

Net result€8,030▲ 485%€557▼ 93.1%€1,595▲ 186%€2,920▲ 83.1%€1,529▼ 47.6%

Equity€60,944▲ 15.2%€61,501▲ 0.9%€63,096▲ 2.6%€66,016▲ 4.6%€67,545▲ 2.3%

Total assets€126,047▲ 1.1%€160,025▲ 27.0%€137,314▼ 14.2%€135,995▼ 1.0%€115,090▼ 15.4%

Debt€65,103▼ 9.2%€98,524▲ 51.3%€74,218▼ 24.7%€69,979▼ 5.7%€47,544▼ 32.1%

Working capital€48,631▲ 27.0%€19,123▼ 60.7%€31,900▲ 66.8%€47,129▲ 47.7%€45,023▼ 4.5%

Solvency48.4%▲ 5.9pp38.4%▼ 9.9pp45.9%▲ 7.5pp48.5%▲ 2.6pp58.7%▲ 10.1pp

Current ratio2.03▲ 0.261.28▼ 0.751.63▲ 0.351.92▲ 0.282.00▲ 0.08

Return on assets (ROA)6.4%▲ 5.3pp0.3%▼ 6.0pp1.2%▲ 0.8pp2.1%▲ 1.0pp1.3%▼ 0.8pp

above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 25% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €115,090

21.6%

78.4%

Fixed assets €24,916 ▼ 33.6%

Current assets €90,174 ▼ 8.4%

Equity and liabilities €115,090

58.7%

41.3%

Equity €67,545 ▲ 2.3%

Debt €47,544 ▼ 32.1%

Debt's share of the balance-sheet total falls from 51.5% to 41.3%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€16,473▼

2024 · €18,668

Cash flow

€14,731▼

2024 · €17,229

Quick ratio

1.34▲

2024 · 1.26

Debt to equity

0.70▼

2024 · 1.06

ROE

2.3%▼

2024 · 4.4%

Interest coverage

9.42▼

2024 · 12.80

Debt ≤ 1 year

€45,151▼

2024 · €51,331

Debt > 1 year

€2,394▼

2024 · €7,048

Staff costs

€195▼

2024 · €657

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

Micro
20 years or older
solvency 30% or more
a profit under 5% of the balance sheet

0.5% went bankrupt

4.9% stopped otherwise

94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.4%
3	0.5%	0.5%
4	0.6%	0.7%
5	0.8%	0.9%
6	1.2%	1.3%
7	1.5%	1.7%
8	1.7%	1.7%
9	2.7%	2.8%
10	5.3%	5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,027 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

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines

Balance sheet Code20242025

Assets

Total assets20/58€135,995€115,090▼

Fixed assets21/28€37,535€24,916▼

Tangible fixed assets22/27€37,535€24,916▼

Plant, machinery and equipment23€7,630€5,181▼

Furniture and vehicles24€29,905€19,735▼

Current assets29/58€98,461€90,174▼

Stocks and contracts in progress3€33,982€29,547▼

Stocks30/36€33,982€29,547▼

Amounts receivable within one year40/41€49,842€59,041▲

Trade receivables40€46,736€58,121▲

Other amounts receivable41€3,106€920▼

Cash at bank and in hand54/58€2,184€1,586▼

Deferred charges and accrued income490/1€12,453-

Equity and liabilities

Total equity and liabilities10/49€135,995€115,090▼

Equity10/15€66,016€67,545▲

Contributions10/11€18,600€18,600=

Reserves13€57,681€57,681=

Non-distributable reserves130/1€1,860€1,860=

Reserves not available under the articles1311€1,860€1,860=

Tax-exempt reserves132€12,821€12,821=

Distributable reserves133€43,000€43,000=

Profit (loss) carried forward14-€10,266-€8,736▲

Amounts payable17/49€69,979€47,544▼

Amounts payable after more than one year17€7,048€2,394▼

Financial debts170/4€7,048€2,394▼

Amounts payable within one year42/48€51,331€45,151▼

Current portion of amounts payable after more than one year42€4,154€4,654▲

Financial debts43€6,422€7,770▲

Credit institutions430/8€6,422€7,770▲

Trade debts44€6,430-

Suppliers440/4€6,430-

Taxes, remuneration and social security45€20,464€19,063▼

Remuneration and social security454/9€20,464€19,063▼

Other amounts payable47/48€13,861€13,663▼

Accrued charges and deferred income492/3€11,600-

Income statement Code20242025

Remuneration, social security and pensions62€657€195▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,309€13,201▼

Other operating charges640/8€3,661€588▼

Non-recurring operating charges66A-€260

Gross operating margin9900€22,986€17,516▼

Operating profit (loss)9901€4,359€3,272▼

Financial income75/76B€20€6▼

Recurring financial income75€20€6▼

Financial charges65/66B€1,459€1,748▲

Recurring financial charges65€1,459€1,748▲

Profit (loss) for the period before taxes9903€2,920€1,529▼

Profit (loss) for the period9904€2,920€1,529▼

Profit (loss) for the period to be appropriated9905€2,920€1,529▼

Appropriation of the result

Profit (loss) to be appropriated9906-€10,266-€8,736▲

Profit (loss) brought forward from the previous period14P-€13,186-€10,266▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Remuneration, social security and pensions62	-	€267	-	€657	€195	▼ 70.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€8,305	€11,110	€19,319	€14,309	€13,201	▼ 7.7%
Other operating charges640/8	€5,714	€4,986	€554	€3,661	€588	▼ 83.9%
Non-recurring operating charges66A	-	-	-	-	€260	-
Gross operating margin9900	€22,988	€18,452	€23,277	€22,986	€17,516	▼ 23.8%
Operating profit (loss)9901	€8,969	€2,089	€3,404	€4,359	€3,272	▼ 25.0%
Financial income75/76B	€229	€0	€83	€20	€6	▼ 71.9%
Recurring financial income75	€229	€0	€83	€20	€6	▼ 71.9%
Financial charges65/66B	€1,168	€1,532	€1,892	€1,459	€1,748	▲ 19.8%
Recurring financial charges65	€1,168	€1,532	€1,892	€1,459	€1,748	▲ 19.8%
Profit (loss) for the period before taxes9903	€8,030	€557	€1,595	€2,920	€1,529	▼ 47.6%
Profit (loss) for the period9904	€8,030	€557	€1,595	€2,920	€1,529	▼ 47.6%
Profit (loss) for the period to be appropriated9905	€8,030	€557	€1,595	€2,920	€1,529	▼ 47.6%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€126,047	€160,025	€137,314	€135,995	€115,090	▼ 15.4%
Fixed assets21/28	€30,322	€72,858	€55,046	€37,535	€24,916	▼ 33.6%
Tangible fixed assets22/27	€30,322	€72,858	€55,046	€37,535	€24,916	▼ 33.6%
Plant, machinery and equipment23	€16,821	€13,196	€10,262	€7,630	€5,181	▼ 32.1%
Furniture and vehicles24	€2,394	€52,676	€41,581	€29,905	€19,735	▼ 34.0%
Other tangible fixed assets26	€11,108	€6,986	€3,203	-	-	-
Current assets29/58	€95,725	€87,167	€82,268	€98,461	€90,174	▼ 8.4%
Stocks and contracts in progress3	€26,900	€29,547	€29,547	€33,982	€29,547	▼ 13.1%
Stocks30/36	€26,900	€29,547	€29,547	€33,982	€29,547	▼ 13.1%
Amounts receivable within one year40/41	€56,843	€52,296	€49,379	€49,842	€59,041	▲ 18.5%
Trade receivables40	€52,670	€51,431	€48,797	€46,736	€58,121	▲ 24.4%
Other amounts receivable41	€4,173	€866	€582	€3,106	€920	▼ 70.4%
Cash at bank and in hand54/58	€11,982	€5,324	€3,342	€2,184	€1,586	▼ 27.4%
Deferred charges and accrued income490/1	-	-	-	€12,453	-	-
Equity and liabilities
Total equity and liabilities10/49	€126,047	€160,025	€137,314	€135,995	€115,090	▼ 15.4%
Equity10/15	€60,944	€61,501	€63,096	€66,016	€67,545	▲ 2.3%
Contributions10/11	€18,600	€18,600	€18,600	€18,600	€18,600	=
Reserves13	€57,681	€57,681	€57,681	€57,681	€57,681	=
Non-distributable reserves130/1	€1,860	€1,860	€1,860	€1,860	€1,860	=
Reserves not available under the articles1311	€1,860	€1,860	€1,860	€1,860	€1,860	=
Tax-exempt reserves132	€12,821	€12,821	€12,821	€12,821	€12,821	=
Distributable reserves133	€43,000	€43,000	€43,000	€43,000	€43,000	=
Profit (loss) carried forward14	-€15,338	-€14,781	-€13,186	-€10,266	-€8,736	▲ 14.9%
Amounts payable17/49	€65,103	€98,524	€74,218	€69,979	€47,544	▼ 32.1%
Amounts payable after more than one year17	€6,409	€18,881	€12,250	€7,048	€2,394	▼ 66.0%
Financial debts170/4	€6,409	€18,881	€12,250	€7,048	€2,394	▼ 66.0%
Amounts payable within one year42/48	€47,094	€68,044	€50,368	€51,331	€45,151	▼ 12.0%
Current portion of amounts payable after more than one year42	€4,109	€7,546	€6,630	€4,154	€4,654	▲ 12.0%
Financial debts43	€4,657	€8,480	€8,427	€6,422	€7,770	▲ 21.0%
Credit institutions430/8	€4,657	€8,480	€8,427	€6,422	€7,770	▲ 21.0%
Trade debts44	€6,907	€11,373	-	€6,430	-	-
Suppliers440/4	€6,907	€11,373	-	€6,430	-	-
Taxes, remuneration and social security45	€22,759	€26,092	€21,366	€20,464	€19,063	▼ 6.8%
Taxes450/3	€70	€7,029	€910	-	-	-
Remuneration and social security454/9	€22,689	€19,063	€20,455	€20,464	€19,063	▼ 6.8%
Other amounts payable47/48	€8,661	€14,553	€13,945	€13,861	€13,663	▼ 1.4%
Accrued charges and deferred income492/3	€11,600	€11,600	€11,600	€11,600	-	-

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€8,030	€557	€1,595	€2,920	€1,529	▼ 47.6%
+ Depreciation and write-downs630	€8,305	€11,110	€19,319	€14,309	€13,201	▼ 7.7%
Operating cash flow (approximation)	€16,335	€11,667	€20,913	€17,229	€14,731	▼ 14.5%
Investment in fixed assets (approximation)	-	-€53,646	-€1,507	€3,203	-€583	▼ 118%
Change in cash	-	-€6,658	-€1,983	-€1,158	-€598	▲ 48.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 3Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

01-09

State Gazette act Appointment: Michiel Van de Veire (director)

2 facts ▸

General meeting, 17-08-2026
Director appointment, Michiel Van de Veire (director)

15-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

02-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

10-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

14-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

12-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Highest result since 2018net €8,030 ▲485%

Operating result €8,969, net result €8,030, both a record.

30-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €1,374

Net result €1,374 after 2 loss-making years.

17-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Weakest financial yearnet -€25,136

Net result drops to -€25,136, the lowest in the series; recovery starts the following year.

01-07

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

18-07

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

22-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 22 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 3 acts read

About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

1 director, last change in 2026

Michiel Van de Veire

Director · since 18-08-2026

Current

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Not every act has been read: a resignation may be missing here

2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Moerbeke (Waas) · 1 establishment unit since 2009

seat establishment The establishment unit on the map

Ground area

5,171 m²

Building footprint

856 m²

Volume, LiDAR

5,899 m³

Parcel 44045C0491/00V000, Flanders · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.

5 companies at this address See who is registered here

1 establishment unit

Spelonckvaart 108, 9180 Lokeren

General construction of buildings

since 20092.286.678.295

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44045C0491/00V000	Flanders	5,171 m²	1 · 856 m²	12.7 m · 2 fl.

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 1 in office

All 1 In office 1

Board

Mandates per person, with start and end dates
Name	Functions and periods
Michiel Van de Veire	Director, from 18-08-2026 to date

See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director

Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Similar companies · same sector, comparable size

Belgium Antique Exporters

BE 0414.623.332

Antwerpen · Eq €68,377

Of 1,436 companies in sector 47791 we hold annual accounts for 457. 341 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded02-04-1990

Fiscal year end31-12

Activities, NACEBEL 2025

46471Wholesale trade

47791Retail sale of antiques

41001General construction of residential buildings

43990Other specialised construction activities

46900Non-specialised wholesale trade

E-invoicing

Reachable via Peppol

Peppol ID 0208:0440655558

Also 9925:BE0440655558

Registered 02-01-2026

Scores and ratios are computed by Checked and are not a credit decision.