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Atelier Alternatief

Active
Non-profit associationfounded 1998active for 27 yearsLucien Londotstraat 3, 3600 Genk, BelgiumKBO/BCE: BE 0465.227.440
Summary

Atelier Alternatief has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €201,770 and a net result of -€123,412. Equity is shrinking by about 15% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 11% of 661 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Atelier AlternatiefActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Other social work without accommodation
NACE 88999Social work activities without accommodation NACE 88993
Fastest staff growth in Genk, Health and social work sector9 sites
Size
≈ €4.5mturnover 2025, estimated
Staff
137 FTE
Equity
€201,770
Deficit
-€123,412
Turnover estimated from the gross marginNet result +51%: other schema
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Auditor: IRA NICOLAIJ, BEDRIJFSREVISOR2025 accounts 31 days early3 of 13 deeds summarised
Why 88raises riskEquity €201,770 (10.5% of total assets)Loss of €123,412, the second in a row (financial year 2025)lowers riskLegal form: non-profit associationSector: Social work activities without accommodation (NACE 88)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 7% of its sector peers (NACE 88, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 35-4
equity 10.5% of total assets
Liquidity 21+6
short-term debt 85.3% · cash 14.7%
Profitability 11+7
return on assets -6.4%
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 < 0.1% (218 companies, NACE 88, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.94, compared with 0.96 in 2024, below 1; short-term debt: 85.3% and cash: 14.7% of total assets), and 89.5% 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 88, medium-sized): better than 6% on solvency, 3% on liquidity, 12% on profitability and 7% on growth.

The bankruptcy probability was computed on 29-10-2026 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).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Equity €201,770 (10.5% of total assets)
NBB · annual accounts
raises risk · Loss of €123,412, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Social work activities without accommodation (NACE 88)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€123,412
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 661 sector peers (2025).
NBB · sector comparison
Position among 661 sector peers
Solvency
better than 11%
← weakest strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
44 days early
2023
48 days early
2022
41 days early
2021
48 days early
2020
36 days early
2019
28 days 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 39 days before the deadline; the sector median (NACE 88) for financial year 2024 is 24 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Reappointment: VAN HAVERMAET BEDRIJFSREVISOREN (statutory auditor)Gazette deed

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€123,412 View
  • Caution: Among the weakest 8% on net resultsector median €13,271 · 655 companies -€123,412 View
  • Positive: Result rose in 2025different schema filed ▲ 51.2% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €8.0m View

By topic

Financials

Financial year
2025
Total assets
€1.9m
Loss
-€123,412
Solvency
10.5%
Total assets▼ 9.3%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Auditor
IRA NICOLAIJ, BEDRIJFSREVISOR
  • ABEN JozefDirector
  • DE BOEVERE MarkDirector
Go to Board & ownership

Timeline

Events
26
Since
2007
Next accounts
by 31-07-2027
  1. 13-06-2024Annual accounts filed
  2. 07-06-2024Appointment: Luc Vissers (persoon belast met het…
  3. 16-04-2024Resignations: SCHILDERMANS Jaak, Peter CORADAZZI and 2…
Go to Timeline

Company details

Sites
9
Legal form
Non-profit association
Activity
Other social work without accommodationNACE 88999
Founded
15-12-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Atelier Alternatief

What is the company number of Atelier Alternatief?
0465.227.440. In Belgium the VAT number is the company number with BE in front: BE 0465.227.440.
Where is Atelier Alternatief based?
The registered office is at Lucien Londotstraat 3, 3600 Genk.Company details
What does Atelier Alternatief do?
According to the KBO register, the main activity is other social work without accommodation (NACE 88999).
What is the legal form of Atelier Alternatief?
Non-profit association (VZW).
When was Atelier Alternatief founded?
On 15-12-1998.
Is Atelier Alternatief still active?
Yes, Atelier Alternatief is an active enterprise in the KBO register.
How many employees does Atelier Alternatief have?
On average 137 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Atelier Alternatief?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Atelier Alternatief profitable?
In financial year 2025, Atelier Alternatief made a loss of €123,412.
Where can I find the annual accounts of Atelier Alternatief?
Atelier Alternatief filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Atelier Alternatief due?
By 31-07-2027, for financial year 2026.Timeline

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