ATELIER GAVEL
ActiveSummary
The computed 12-month bankruptcy probability of ATELIER GAVEL is 2.5% (moderate). The 2025 annual accounts show negative equity (€-19k) and a net result of €231. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 403 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+70
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34 against 0.47 in 2024; short-term debt: 183.9% and cash: 14.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five 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 · 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 2025Solvency, return and age of the figures
Solvency
-99.4%
Return on assets
1.2%
Age of the figures
9 mo
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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 403 sector peers (2025).
NBB · sector comparisonPosition among 403 sector peers
Solvency
better than 7%
← 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 29-06-2026, 32 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
32 d early
2024
31 d early
2023
5 d late
2022
35 d early
2021
32 d early
2020
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-19k▲ 1.2%
2024 · €-19k
2020: €26k
2021: €30k
2022: €31k
2023: €8k
2024: €-19k
2020 → 2025
Total assets
€19k▼ 29.5%
2024 · €27k
2020: €65k
2021: €58k
2022: €47k
2023: €33k
2024: €27k
2020 → 2025
Net result
€231
2024 · €-28k
2020: €11k
2021: €4k
2022: €468
2023: €-22k
2024: €-28k
2020 → 2025
Working capital
€-23k▲ 5.1%
2024 · €-25k
2020: €-3k
2021: €2k
2022: €8k
2023: €-8k
2024: €-25k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€31k▲ 1.6%€8k▼ 72.4%€-19k€-19k▲ 1.2%
Operating result€5k-€1k▼ 80.1%€-22k€-27k▼ 24.4%€369
Net result€4k-€468▼ 88.2%€-22k€-28k▼ 24.7%€231
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €369 after a loss of €27k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19k
Fixed assets
€7k ▲ 35.8%
Current assets
€12k ▼ 45.6%
Key figures and ratios
EBITDA
€6k▲
2024 · €-16k
Cash flow
€5k▲
2024 · €-17k
Solvency
-99.4%▼
2024 · -70.9%
Current ratio
0.34▼
2024 · 0.47
Quick ratio
0.32▼
2024 · 0.44
Debt to equity
-2.01▲
2024 · -2.41
ROA
1.2%▲
2024 · -102.1%
Interest coverage
15.47▲
2024 · -42.84
Debt
€38k▼
2024 · €46k
Debt ≤ 1 year
€35k▼
2024 · €46k
Debt > 1 year
€3k
Staff costs
€21k▼
2024 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€27k€19k▼
Fixed assets21/28€5k€7k▲
Tangible fixed assets22/27€5k€7k▲
Land and buildings22€642€532▼
Plant, machinery and equipment23€0€7k▲
Furniture and vehicles24€5k€0▼
Financial fixed assets28€145€145=
Current assets29/58€22k€12k▼
Stocks and contracts in progress3€1k€724▼
Stocks30/36€1k€724▼
Contracts in progress37€0-
Amounts receivable within one year40/41€11k€8k▼
Trade receivables40€5k€5k▲
Other amounts receivable41€6k€3k▼
Cash at bank and in hand54/58€8k€3k▼
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€27k€19k▼
Equity10/15€-19k€-19k▲
Contributions10/11€15k€15k=
Reserves13€16k€16k=
Distributable reserves133€16k€16k=
Profit (loss) carried forward14€-50k€-50k▲
Amounts payable17/49€46k€38k▼
Amounts payable after more than one year17-€3k
Financial debts170/4-€3k
Amounts payable within one year42/48€46k€35k▼
Current portion of amounts payable after more than one year42€847€3k▲
Trade debts44€11k€6k▼
Suppliers440/4€11k€6k▼
Taxes, remuneration and social security45€9k€2k▼
Taxes450/3-€287
Remuneration and social security454/9€9k€2k▼
Other amounts payable47/48€26k€25k▼
Accrued charges and deferred income492/3€0€32▲
Income statement
Code20242025
Remuneration, social security and pensions62€28k€21k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€5k▼
Other operating charges640/8€709€331▼
Gross operating margin9900€13k€27k▲
Operating profit (loss)9901€-27k€369▲
Financial income75/76B€221€221▲
Recurring financial income75€221€221▲
Financial charges65/66B€385€359▼
Recurring financial charges65€385€359▼
Profit (loss) for the period before taxes9903€-28k€231▲
Profit (loss) for the period9904€-28k€231▲
Profit (loss) for the period to be appropriated9905€-28k€231▲
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-50k▲
Profit (loss) brought forward from the previous period14P€-22k€-50k▼
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
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €231
Net result €231 after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 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, Gent · 1 establishment unit since 2020
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.
Schuurstraat 769040 GentGround area
345 m²
Building footprint
24 m²
Volume, LiDAR
64 m³
Parcel 44432C0128/00D005, Flanders · tallest building 3.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Atelier Gavel
since 20202.297.488.649
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0128/00D005 | Flanders | 345 m² | 1 · 24 m² | 3.6 m · 1 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.
Recognitions · licences · registrations
Dual-learning approval
1 live approvalBinnenschrijnwerk en interieur duaal (so)
Similar companies · same sector, comparable size
FYLDS
BE 1007.036.182
Genk · Eq €8,101
ERNOTTE-LEMOINE
BE 0784.346.354
Liège · Eq €8,854
ALL MEASURE FURNITURE
BE 0459.552.742
Lier · Eq €8,908
EURO COMFORT DESIGN
BE 0460.760.193
Antwerpen · Eq €7,985
MYTOS
BE 0892.450.973
Brugge · Eq €8,995
Of 1,499 companies in sector 31004 we hold annual accounts for 620. 216 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
31004Manufacture of dining room, living room, bedroom and bathroom furniture
43320Joinery installation
31002Manufacture of furniture
71112Activities of interior architects
95240Repair and maintenance of furniture and upholstery
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.