Equity
Debts exceed assets in financial year 2024.
Debts exceed assets in financial year 2024.
Every financial year from 2020 to 2024 closed with a loss. 2021 was the heaviest.
2025 accounts not filed: deadline was 31-07-2026.
The dashed line is the sector median: 0.2% across 12,669 companies (NACE 82, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 82, micro). It does better than 5% of them on solvency, 7% on liquidity, 14% on profitability and 24% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
In July 2024, 2,796 companies had the same profile as Atelier G Interieur has now. Each dot stands for 7 companies, two years later.
Another 1.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Atelier G Interieur itself is higher: 4.7% within 12 months. It rests on far more data about Atelier G Interieur than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,796 companies, not a prediction for Atelier G Interieur. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.42 (1.39 in 2023), below the usual 1.5. Short-term debt is 70.4% and cash 0% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 161 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Atelier G Interieur Deinze | €103,164 | -€797 | -34.5% | - |
| MICALOMAR Charleroi | €99,970 | €912 | 0.7% | - |
| BASE - IT Antwerp | €94,374 | -€9,734 | 82.1% | - |
| VALVERAL Herk-de-Stad | €123,160 | -€18,884 | 73.9% | - |
| SESA Evere | €117,684 | -€999 | -165.3% | - |
| QUADRE-S Aalst | €141,299 | -€16,093 | 88.7% | - |
| YPSILON Chaudfontaine | €144,686 | -€106 | 97.7% | - |
These companies have the same main activity as Atelier G Interieur: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €94,400 and €145,000, founded between 1998 and 2009.
Atelier G Interieur files the micro format. That format states no turnover. The gross margin fell from €71,842 in 2006 to -€797 in 2024.
The balance sheet grew most from 2009 to 2010 through fixed assets, financed with long-term debt.
In 2025, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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