Atelier Dries
ActiveAtelier Dries has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €315k and a net result of €-11k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
70
/ 100
Healthy▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-21
Solvency99▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 2.6 against 3.18 in 2024), and 37.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
6 d late
2022
13 d early
2021
38 d early
2020
44 d early
2019
62 d late
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€315k▼ 12.8%
2024 · €361k
2018: €163k
2019: €259k
2020: €348k
2021: €359k
2022: €513k
2023: €626k
2024: €361k
2018 → 2025
Total assets
€505k▼ 1.4%
2024 · €512k
2018: €368k
2019: €379k
2020: €454k
2021: €641k
2022: €609k
2023: €717k
2024: €512k
2018 → 2025
Net result
€-11k
2024 · €15k
2018: €49k
2019: €96k
2020: €89k
2021: €136k
2022: €154k
2023: €113k
2024: €15k
2018 → 2025
Working capital
€228k▼ 21.9%
2024 · €292k
2018: €137k
2019: €231k
2020: €291k
2021: €269k
2022: €440k
2023: €575k
2024: €292k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€359k-€513k▲ 42.9%€626k▲ 22.1%€361k▼ 42.3%€315k▼ 12.8%
Operating result€167k-€201k▲ 20.3%€138k▼ 31.6%€18k▼ 87.2%€-13k
Net result€136k-€154k▲ 13.3%€113k▼ 26.4%€15k▼ 86.9%€-11k
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 turns negative in 2025: a loss of €13k after €18k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €505k
Fixed assets
€134k▲ 56.1%
Current assets
€371k▼ 13.0%
Equity and liabilities €505k
Equity
€315k▼ 12.8%
Debt
€190k▲ 26.1%
The debt ratio rises from 29.5% to 37.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€15k▼
2024 · €41k
Cash flow
€16k▼
2024 · €38k
Solvency
62.3%▼
2024 · 70.5%
Current ratio
2.60▼
2024 · 3.18
Quick ratio
1.87▼
2024 · 2.39
Debt / equity
0.60▲
2024 · 0.42
ROE
-3.6%▼
2024 · 4.1%
ROA
-2.2%▼
2024 · 2.9%
Interest coverage
6.70▼
2024 · 13.60
Debt
€190k▲
2024 · €151k
Debt ≤ 1 year
€143k▲
2024 · €134k
Debt > 1 year
€47k▲
2024 · €17k
Staff costs
€599k▲
2024 · €546k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€512k€505k▼
Fixed assets21/28€86k€134k▲
Tangible fixed assets22/27€86k€134k▲
Plant, machinery and equipment23€12k€24k▲
Furniture and vehicles24€71k€52k▼
Leasing and similar rights25-€55k
Other tangible fixed assets26€3k€2k▼
Current assets29/58€426k€371k▼
Stocks and contracts in progress3€105k€103k▼
Stocks30/36€105k€103k▼
Amounts receivable within one year40/41€187k€103k▼
Trade receivables40€108k€61k▼
Other amounts receivable41€79k€42k▼
Cash at bank and in hand54/58€113k€153k▲
Deferred charges and accrued income490/1€21k€12k▼
Equity and liabilities
Total equity and liabilities10/49€512k€505k▼
Equity10/15€361k€315k▼
Contributions10/11€50k€50k=
Reserves13€311k€276k▼
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Distributable reserves133€306k€271k▼
Profit (loss) carried forward14€0€-11k▼
Amounts payable17/49€151k€190k▲
Amounts payable after more than one year17€17k€47k▲
Financial debts170/4€17k€47k▲
Amounts payable within one year42/48€134k€143k▲
Current portion of amounts payable after more than one year42€14k€25k▲
Trade debts44€43k€27k▼
Suppliers440/4€43k€27k▼
Taxes, remuneration and social security45€77k€56k▼
Taxes450/3€33k€8k▼
Remuneration and social security454/9€44k€48k▲
Other amounts payable47/48-€35k
Income statement
Code20242025
Remuneration, social security and pensions62€546k€599k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€27k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€591k€617k▲
Operating profit (loss)9901€18k€-13k▼
Financial income75/76B€173€4k▲
Recurring financial income75€173€4k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€15k€-11k▼
Income taxes67/77€0-
Profit (loss) for the period9904€15k€-11k▼
Profit (loss) for the period to be appropriated9905€15k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€-11k▼
Transfer from equity791/2€280k€35k▼
Transfer to equity691/2€15k€0▼
To other reserves6921€15k€0▼
Profit to be distributed694/7€280k€35k▼
Return on contributions (dividend)694€280k€35k▼
Social balance
Average headcount (FTE)908711.110.7▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-11k ▼176%
Net result drops to €-11k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €154k ▲13.3%
Operating result €201k, net result €154k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 5.57
Current ratio from 1.96 to 5.57; short-term debt falls from €279k to €96k.
31-12
Financial
Equity above €500kEq €513k ▲42.9%
5 profitable years in a row build equity to €513k.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 62 days late
2019
31-12
Financial
Equity above €200kEq €259k ▲58.9%
2 profitable years in a row build equity to €259k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
03-11-2023
Godelieve Coenen: Resigned as Director
03-11-2023
Leo Dries: Resigned as Director
Location & real-estate footprint
Registered office, Merksplas · 1 establishment unit since 1989
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.
Vaartstraat 252330 MerksplasGround area
1.4 ha
Building footprint
6,457 m²
Volume, LiDAR
36,941 m³
Parcel 13023G0170/00C005, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ZETELOPMAKERIJ LEO DRIES
since 19892.044.035.468
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023G0170/00C005 | Flanders | 1.4 ha | 1 · 6,457 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
2022 to 2025 · 9 entries · 153,337 EUR awarded · 153,337 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 38,405 EUR | 38,405 EUR |
| 2024 | 2 | 29,879 EUR | 29,879 EUR |
| 2023 | 3 | 51,420 EUR | 51,420 EUR |
| 2022 | 2 | 33,633 EUR | 33,633 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
TT Interieur
BE 0502.604.213
Merelbeke-Melle · Eq €322k
STOCKMAN
BE 0456.254.346
Eeklo · Eq €323k
BENNINGEN
BE 0453.500.536
Kinrooi · Eq €306k
HELD
BE 0434.112.018
Büllingen · Eq €305k
SCHRIJNWERKERIJ - INTERIEUR BRUYNINX RUDI
BE 0864.358.090
Heusden-Zolder · Eq €305k
Of 1,494 companies in sector 31004 we hold annual accounts for 615. 468 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-06-1989
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36111
36141
47551Retail sale of household furniture
47591Retail trade
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.