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ATELIER 23

Active
Public limited companyfounded 1996active for 30 yearsRue des Haveurs 1, 4000 Liège, BelgiumKBO/BCE: BE 0458.412.991
Summary

ATELIER 23 has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €381,680 and a net result of €45,939. Equity has been growing by about 15% per year since 2019. Its solvency ranks better than 45% of 1,028 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

Source: KBO
Status
Active since 09-07-1996 Normal situation
Activity
General construction of residential buildings NACE 41001and 6 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-03-2023
Establishment unit
2.077.939.443 4000 Liège, since 26-08-1996
Financial year end
31 March
Peppol
Reachable since 28-11-2025

Board and ownership

Financial position

66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts to 31-03-2025
Gross margin
€969,560
▲ 18.4%
Turnover
≈ €2.1m
estimated
Profit
€45,939
▲ 1.0%
Equity
€381,680
▲ 13.7%
Total assets
€1.3m
▲ 37.6%
Employees on 31-03-2025
17
▼ 15.0%
  • 2026 accounts not filed, 2 days past the deadline
Filed on 27-11-2025
Score breakdownraises riskFigures for financial year 2025 (filed on 27-11-2025)Sector: Construction of residential and non-residential buildings (NACE 41)Size: 18.3 FTE, total assets €1.3mlowers riskFounded in 1996Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 48% of small companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Average
Solvency 54-6
equity 28.9% of total assets
Liquidity 25-17
short-term debt 62.3% · cash 6.1%
Profitability 61-14
return on assets 3.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (912 companies, NACE 41, small)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.2%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.5%▲ +0.2 percentage points vs 10-2025 12-2025: 0.6%▲ +0.1 percentage points vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 1.0%▲ +0.4 percentage points vs 09-2026 11-2026: 1.2%▲ +0.2 percentage points vs 10-2026highest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.4 (1.44 in 2024), below the usual 1.5. Short-term debt is 62.3% and cash 6.1% of total assets. 71.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 41, small). It does better than 46% of them on solvency, 25% on liquidity, 49% on profitability and 73% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Figures for financial year 2025 (filed on 27-11-2025)
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 18.3 FTE, total assets €1.3m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-11-2025, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
27 days late
2024
2 days early
2023
1 day early
2022
30 days late
2021
31 days late
2020
52 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 23 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 profitable years in a rowprofit 2025: €45,939 7 years View
  • Higher gross margin than 80% of companies in construction of buildingssector median €186,226 · 717 companies €969,560 View

Recent changes

  1. · Gazette deed Reappointment: JAMAIGNE Jean-Marc (administrateur non statutaire)
  2. · Gazette deed Reappointment: Jean-Marc JAMAIGNE (director)
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as ATELIER 23: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.1m and €1.7m, founded between 1990 and 2002.

CompanyTotal assetsGross margin
ATELIER 23 Liège€1.3m€1.0m
De Baets en Co Gent€1.1m€1.1m
MATTHYS PROJECTEN Kruisem€1.3m€1.3m
DONNAY - MONAMI ENTREPRISES GENERALES DE TRAVAUX Blégny€1.6m€1.0m
COGEPRO Visé€1.5m€1.4m
BRANDT Herve€1.7m€1.5m
LA MAISON MOSANE, TECHNIQUES & TRADITIONS Baelen€1.6m€1.3m
Full comparison

Key facts about ATELIER 23

What is the company number of ATELIER 23?
The company number of ATELIER 23 is 0458.412.991. The VAT number is the same number with BE in front: BE 0458.412.991.
Where is ATELIER 23 based?
The registered office is at Rue des Haveurs 1, 4000 Liège.Company details
What does ATELIER 23 do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of ATELIER 23?
The legal form of ATELIER 23 is Public limited company (NV).
When was ATELIER 23 founded?
ATELIER 23 was founded on 09-07-1996.
Is ATELIER 23 still active?
Yes, ATELIER 23 is an active enterprise in the KBO register.
How many employees does ATELIER 23 have?
ATELIER 23 had an average of 18.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ATELIER 23 fall under?
In its 31-03-2023 annual accounts, ATELIER 23 states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of ATELIER 23?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €969,560 and 30 comparable companies (NACE 41001). It probably lies between €1.7m and €3.1m. In financial year 2022 turnover was €0.
Is ATELIER 23 profitable?
In financial year 2025, ATELIER 23 made a profit of €45,939.
Where can I find the annual accounts of ATELIER 23?
ATELIER 23 filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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