ATELIER 85

Active

Non-profit associationfounded 196165 yrs activeRue de Mettet 127, 5620 Florennes, BelgiumKBO/BCE: BE 0402.582.662

Summary

ATELIER 85 has been active since 1961 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.3m and a net result of €1.1m. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 84% of 51 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch Report Compare

ATELIER 85ActiveChecked score 99/100

Risk analysis Report Compare

Activity

Manufacture of paper and paper products

NACE 17250NACE 17290Education NACE 85322

#1 employer in Florennes3 sites

Size

€7.9mturnover 2025

Staff: 174.3 FTE
Equity: €13.3m
Profit: €1.1m

Financial health

99 Excellent Checked score 2025

Bankruptcy chance 12 m: < 0.1%

Structure

Board: 9 members

Auditor: CALLENS, VANDELANOTТЕAccounts 63 d early1 of 19 deeds read

Why 99+ Legal form Non-profit association+ Liquidity: current ratio 2.24, cash €5.0m+ Founded in 1961+ Equity €13.3m (79.2% of total assets)Show the evidence

Checked score

Score 2025

99 / 100

Excellent

Probability in this band: under 0.55%

Better than 90% of its sector peers (NACE 17)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 79.2% of total assets

Liquidity 82-4

short-term debt 19.0% · cash 29.8%

Profitability 84-1

return on assets 6.3%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (28 companies)

Last 5 months 06-2026: < 0.1%lowest value 07-2026: < 0.1%▲ +10.0% vs 06-2026highest value 08-2026: < 0.1%● 0.0% vs 07-2026highest value 09-2026: < 0.1%● 0.0% vs 08-2026highest value 10-2026: < 0.1%● 0.0% vs 09-2026highest value

Legal form Non-profit association lowers the probability
Liquidity: current ratio 2.24, cash €5.0m lowers the probability
Founded in 1961 lowers the probability for this profile
Equity €13.3m (79.2% of total assets) lowers the probability

Credit up to €750,000 at 30 days acceptable

Liquidity ample (current ratio 2.24 against 2.6 in 2024; short-term debt: 19% and cash: 29.8% of total assets), and 20.8% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 17). Better than this share of them on solvency 95%, liquidity 95%, profitability 95%, growth against the median 76%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

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

−lowers risk○neutral

Legal form Non-profit association

In the bankruptcy model this factor lowers the probability.

KBO

Liquidity: current ratio 2.24, cash €5.0m

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Founded in 1961

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Equity €13.3m (79.2% of total assets)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

63 d early

2024

59 d early

2023

68 d early

2022

33 d early

2021

34 d early

2020

51 d early

2019

16 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 46 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 35% 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. Usually files around 2 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 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

14-07-26 Reappointments: DAMILOT Jean-Claude, DANIELI Marie-José and…Appointments: DELABIE Serge, MABILLE Fabienne…
29-05-26 Annual accounts filedfiscal year 2025 · abbreviated…
02-06-25 Annual accounts filedfiscal year 2024 · abbreviated…

Key points

Positive: Employer in Florennesin the Checked rankings #1 View
Positive: Always filed on timeaccounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €1.1m 8 years View
New directorslatest change 14-07-2026 · 9 in office 2 joined View
Active since 1961founded 25-06-1961 65 years View