ATELIER /51
ActiveThe computed 12-month bankruptcy probability of ATELIER /51 is 3.0% (moderate). For ATELIER /51, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €61k and a net result of €1k. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 32% of 33677 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability66▼-18
Solvency55▲+4
Growth85=
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
29.8%
Return on assets
0.7%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 06-10-2024, 67 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
67 d late
2022
75 d late
2021
23 d late
2020
42 d late
2019
33 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€405k▲ 4.2%
2022 · €389k
2019: €150k
2020: €342k
2021: €581k
2022: €389k
2019 → 2023
EBIT margin
1.8%▼ 5.3pp
2022 · 7.2%
2019: -1.7%
2020: -2.4%
2021: 6.8%
2022: 7.2%
2019 → 2023
Net result
€1k▼ 90.6%
2022 · €15k
2019: €-3k
2020: €-9k
2021: €39k
2022: €15k
2019 → 2023
Working capital
€46k▲ 27.5%
2022 · €36k
2019: €-13k
2020: €-52k
2021: €-3k
2022: €36k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€150k-€342k▲ 128%€581k▲ 69.9%€389k▼ 33.2%€405k▲ 4.2%
Equity€15k-€6k▼ 58.9%€45k▲ 613%€60k▲ 33.0%€61k▲ 2.3%
Operating result€-3k-€-8k▼ 217%€40k€28k▼ 29.8%€7k▼ 73.2%
Net result€-3k-€-9k▼ 172%€39k€15k▼ 61.7%€1k▼ 90.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2023 is 73% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €205k
Fixed assets
€41k▼ 36.5%
Current assets
€164k▲ 1.1%
Equity and liabilities €205k
Equity
€61k▲ 2.3%
Debt
€144k▼ 13.8%
The debt ratio falls from 73.7% to 70.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▼
2022 · €75k
Cash flow
€32k▼
2022 · €62k
Solvency
29.8%▲
2022 · 26.3%
Current ratio
1.39▲
2022 · 1.29
Quick ratio
1.19▲
2022 · 1.14
Debt / equity
2.36▼
2022 · 2.80
ROE
2.3%▼
2022 · 24.8%
ROA
0.7%▼
2022 · 6.5%
Interest coverage
7.45▼
2022 · 13.77
Debt
€144k▼
2022 · €167k
Debt ≤ 1 year
€118k▼
2022 · €126k
Debt > 1 year
€26k▼
2022 · €41k
Income taxes
€1k▼
2022 · €8k
Staff costs
€37k▼
2022 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€227k€205k▼
Fixed assets21/28€64k€41k▼
Intangible fixed assets21€740-
Tangible fixed assets22/27€58k€35k▼
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€46k€25k▼
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€5k€5k=
Current assets29/58€162k€164k▲
Stocks and contracts in progress3€18k€23k▲
Stocks30/36€18k€23k▲
Amounts receivable within one year40/41€143k€139k▼
Trade receivables40€128k€117k▼
Other amounts receivable41€14k€22k▲
Cash at bank and in hand54/58€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€227k€205k▼
Equity10/15€60k€61k▲
Contributions10/11€19k€19k=
Reserves13€41k€42k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€39k€41k▲
Amounts payable17/49€167k€144k▼
Amounts payable after more than one year17€41k€26k▼
Financial debts170/4€41k€26k▼
Amounts payable within one year42/48€126k€118k▼
Current portion of amounts payable after more than one year42€19k€15k▼
Financial debts43€19k€39k▲
Credit institutions430/8€19k€39k▲
Trade debts44€11k-
Suppliers440/4€11k-
Taxes, remuneration and social security45€22k€9k▼
Taxes450/3€6k€2k▼
Remuneration and social security454/9€15k€7k▼
Other amounts payable47/48€55k€55k▲
Income statement
Code20222023
Turnover70€389k€405k▲
Goods, raw materials, services and sundry goods60/61€269k€328k▲
Remuneration, social security and pensions62€44k€37k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€31k▼
Other operating charges640/8€880€1k▲
Gross operating margin9900€120k€77k▼
Operating profit (loss)9901€28k€7k▼
Financial income75/76B€46€190▲
Recurring financial income75€46€190▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€22k€3k▼
Income taxes67/77€8k€1k▼
Profit (loss) for the period9904€15k€1k▼
Profit (loss) for the period to be appropriated9905€15k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€1k▼
Transfer to equity691/2€15k€1k▼
To other reserves6921€15k€1k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
14-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 75 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Back to profitnet €39k
Net result €39k after 2 loss-making years.
11-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 42 days late
2020
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ichtegem · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Doornhoekstraat(BEK) 518480 IchtegemGround area
4,014 m²
Building footprint
1,975 m²
Volume, LiDAR
13,551 m³
2 parcels, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ATELIER/51
since 20192.289.286.805
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040F1516/00R000 | Flanders | 3,008 m² | 1 · 1,853 m² | 8.3 m · 2 fl. |
| 35001B0234/00M000 | Flanders | 1,006 m² | 1 · 122 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 493 EUR awarded · 523 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 196 EUR | 113 EUR |
| 2024 | 1 | 297 EUR | 410 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
2 categoriesATELIER /51 BV#10019
Similar companies · same sector, comparable size
MILRIC
BE 0534.905.906
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VYNCKE CHRIS
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GELEYTE JELLE ALGEMENE AANNEMINGSWERKEN
BE 0760.600.754
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NUWE
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,539 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2019
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
31004Manufacture of dining room, living room, bedroom and bathroom furniture
47540Retail sale of electrical household appliances
47551Retail sale of household furniture
47559Retail sale of other household articles
47591Retail trade
47599Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:JEROEN@ATELIER51.BE
Phone:32(0)479654866