Atelier Groot Eiland
ActiveSummary
Atelier Groot Eiland has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.1m and a net result of €6,583. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 2940 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▲+17
Solvency97▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity ample (current ratio 2.71 against 2.75 in 2023; short-term debt: 25.7% and cash: 15.2% of total assets), and 27.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
72.3%
Return on assets
0.4%
Age of the figures
21 mo
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
48 d early
2023
34 d early
2022
38 d early
2021
16 d early
2020
5 d early
2019
42 d late
← 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 19 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
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. Usually files around 24 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
In the rankings
#2 oldest company in Sint-Jans-Molenbeek, Accommodation and food service sector#3 company by equity in Sint-Jans-Molenbeek, Accommodation and food service sector#5 company by total assets in Sint-Jans-Molenbeek, Accommodation and food service sector
Equity
€1.1m▲ 12.9%
2023 · €946,963
Total assets
€1.5m▲ 4.0%
2023 · €1.4m
Net result
€6,583
2023 · -€29,012
Working capital
€649,292▲ 1.8%
2023 · €637,681
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€49,326▲ 0.8%€7,840▼ 84.1%€3,549▼ 54.7%-€17,723€11,128
Net result€45,836above the sector's middle half▲ 7.0%€5,266within the sector's middle half▼ 88.5%-€135within the sector's middle half-€29,012below the sector's middle half▼ 21,458%€6,583within the sector's middle half
Equity€846,518above the sector's middle half▼ 1.4%€880,608above the sector's middle half▲ 4.0%€912,313above the sector's middle half▲ 3.6%€946,963above the sector's middle half▲ 3.8%€1.1mabove the sector's middle half▲ 12.9%
Total assets€1.5mabove the sector's middle half▲ 15.6%€1.8mabove the sector's middle half▲ 25.7%€1.5mabove the sector's middle half▼ 16.3%€1.4mabove the sector's middle half▼ 7.7%€1.5mabove the sector's middle half▲ 4.0%
Debt€496,155▲ 45.3%€828,400▲ 67.0%€551,798▼ 33.4%€474,223▼ 14.1%€409,137▼ 13.7%
Working capital€1.1mabove the sector's middle half▲ 17.9%€1.4mabove the sector's middle half▲ 28.8%€880,481above the sector's middle half▼ 37.7%€637,681above the sector's middle half▼ 27.6%€649,292above the sector's middle half▲ 1.8%
Solvency57.8%above the sector's middle half▼ 10.0pp47.8%within the sector's middle half▼ 10.0pp59.2%above the sector's middle half▲ 11.4pp66.6%above the sector's middle half▲ 7.4pp72.3%above the sector's middle half▲ 5.7pp
Current ratio5.07above the sector's middle half▼ 0.915.99above the sector's middle half▲ 0.922.95above the sector's middle half▼ 3.042.75above the sector's middle half▼ 0.202.71above the sector's middle half▼ 0.04
Return on assets (ROA)3.1%within the sector's middle half▼ 0.3pp0.3%within the sector's middle half▼ 2.8pp0.0%within the sector's middle half▼ 0.3pp-2.0%within the sector's middle half▼ 2.0pp0.4%within the sector's middle half▲ 2.5pp
Staff (FTE)42.2above the sector's middle half▲ 17.2%48.4above the sector's middle half▲ 14.7%55.8above the sector's middle half▲ 15.3%56above the sector's middle half▲ 0.4%55.4above the sector's middle half▼ 1.1%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €11,128 after a loss of €17,723 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets
€449,534 ▲ 7.4%
Current assets
€1.0m ▲ 2.6%
Equity and liabilities €1.5m
Equity
€1.1m ▲ 12.9%
Debt
€409,137 ▼ 13.7%
Debt's share of the balance-sheet total falls from 33.4% to 27.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88,039▲
2023 · €50,389
Cash flow
€83,494▲
2023 · €39,100
Quick ratio
2.67▼
2023 · 2.69
Debt to equity
0.38▼
2023 · 0.50
ROE
0.6%▲
2023 · -3.1%
Interest coverage
14.93▲
2023 · 4.30
Debt ≤ 1 year
€379,514▲
2023 · €364,999
Staff costs
€2.6m▲
2023 · €2.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,860 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.1%
went bankrupt
2.0%
stopped otherwise
98%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,860 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €4,674 | €10,543 | €4,679 | ▼ 55.6% |
| Goods, raw materials, services and sundry goods60/61 | - | €726,252 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €1.9m | €2.5m | €2.5m | €2.6m | ▲ 2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71,466 | €39,886 | €38,961 | €68,112 | €76,911 | ▲ 12.9% |
| Other operating charges640/8 | - | €3,877 | €49,233 | €18,000 | €5,656 | ▼ 68.6% |
| Non-recurring operating charges66A | - | €5,071 | €5,091 | €17,457 | €13,471 | ▼ 22.8% |
| Gross operating margin9900 | €1.7m | €2.0m | €2.6m | €2.6m | €2.7m | ▲ 6.5% |
| Operating profit (loss)9901 | €49,326 | €7,840 | €3,549 | -€17,723 | €11,128 | ▲ 163% |
| Financial income75/76B | - | €3,444 | €3,144 | €442 | €1,354 | ▲ 206% |
| Recurring financial income75 | €67 | €661 | €3,144 | €442 | €1,354 | ▲ 206% |
| Non-recurring financial income76B | - | €2,783 | - | - | - | - |
| Financial charges65/66B | - | €6,018 | €6,827 | €11,731 | €5,899 | ▼ 49.7% |
| Recurring financial charges65 | €3,738 | €6,018 | €6,827 | €11,731 | €5,899 | ▼ 49.7% |
| Profit (loss) for the period before taxes9903 | €45,836 | €5,266 | -€135 | -€29,012 | €6,583 | ▲ 123% |
| Profit (loss) for the period9904 | €45,836 | €5,266 | -€135 | -€29,012 | €6,583 | ▲ 123% |
| Profit (loss) for the period to be appropriated9905 | €45,836 | €5,266 | -€135 | -€29,012 | €6,583 | ▲ 123% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.8m | €1.5m | €1.4m | €1.5m | ▲ 4.0% |
| Fixed assets21/28 | €98,610 | €145,323 | €207,805 | €418,507 | €449,534 | ▲ 7.4% |
| Tangible fixed assets22/27 | €61,240 | €80,453 | €164,271 | €373,298 | €404,185 | ▲ 8.3% |
| Land and buildings22 | - | €4,517 | €3,551 | €203,035 | €186,463 | ▼ 8.2% |
| Plant, machinery and equipment23 | - | €44,561 | €79,164 | €131,173 | €171,451 | ▲ 30.7% |
| Furniture and vehicles24 | - | €31,375 | €42,569 | €39,090 | €46,271 | ▲ 18.4% |
| Assets under construction and advance payments27 | - | - | €38,987 | - | - | - |
| Financial fixed assets28 | €37,370 | €64,870 | €43,534 | €45,209 | €45,349 | ▲ 0.3% |
| Current assets29/58 | €1.4m | €1.7m | €1.3m | €1.0m | €1.0m | ▲ 2.6% |
| Stocks and contracts in progress3 | - | €16,779 | €19,722 | €19,441 | €14,907 | ▼ 23.3% |
| Stocks30/36 | - | €16,779 | €19,722 | €19,441 | €14,907 | ▼ 23.3% |
| Amounts receivable within one year40/41 | €333,549 | €357,587 | €652,295 | €570,567 | €435,837 | ▼ 23.6% |
| Trade receivables40 | - | €69,827 | €82,037 | €167,391 | €101,984 | ▼ 39.1% |
| Other amounts receivable41 | - | €287,760 | €570,258 | €403,176 | €333,852 | ▼ 17.2% |
| Current investments50/53 | - | - | €250,000 | €50,000 | €350,738 | ▲ 601% |
| Cash at bank and in hand54/58 | €1.0m | €1.3m | €410,290 | €362,672 | €224,471 | ▼ 38.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2,853 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.8m | €1.5m | €1.4m | €1.5m | ▲ 4.0% |
| Equity10/15 | €846,518 | €880,608 | €912,313 | €946,963 | €1.1m | ▲ 12.9% |
| Reserves13 | - | €692,497 | €687,231 | €687,231 | €687,231 | = |
| Profit (loss) carried forward14 | €205,124 | €157,341 | €162,472 | €133,460 | €140,043 | ▲ 4.9% |
| Investment grants15 | - | €30,770 | €62,610 | €126,273 | €241,929 | ▲ 91.6% |
| Provisions and deferred taxes16 | €122,283 | €132,000 | €76,000 | - | - | - |
| Provisions for liabilities and charges160/5 | - | €132,000 | €76,000 | - | - | - |
| Major repairs and maintenance162 | - | €132,000 | €76,000 | - | - | - |
| Amounts payable17/49 | €496,155 | €828,400 | €551,798 | €474,223 | €409,137 | ▼ 13.7% |
| Amounts payable within one year42/48 | €269,592 | €282,941 | €451,826 | €364,999 | €379,514 | ▲ 4.0% |
| Trade debts44 | €103,779 | €49,519 | €188,085 | €111,358 | €96,560 | ▼ 13.3% |
| Suppliers440/4 | - | €49,519 | €188,085 | €111,358 | €96,560 | ▼ 13.3% |
| Taxes, remuneration and social security45 | - | €190,520 | €247,811 | €237,358 | €255,662 | ▲ 7.7% |
| Taxes450/3 | - | - | - | - | €1,182 | - |
| Remuneration and social security454/9 | - | €190,520 | €247,811 | €237,358 | €254,479 | ▲ 7.2% |
| Accrued charges and deferred income492/3 | - | €545,459 | €99,972 | €109,224 | €29,624 | ▼ 72.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45,836 | €5,266 | -€135 | -€29,012 | €6,583 | ▲ 123% |
| + Depreciation and write-downs630 | €71,466 | €39,886 | €38,961 | €68,112 | €76,911 | ▲ 12.9% |
| Operating cash flow (approximation) | €117,302 | €45,152 | €38,827 | €39,100 | €83,494 | ▲ 114% |
| Investment in fixed assets (approximation) | - | -€86,599 | -€101,443 | -€278,814 | -€107,938 | ▲ 61.3% |
| Change in cash | - | €288,522 | -€911,029 | -€47,618 | -€138,201 | ▼ 190% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
State Gazette act
Appointment: Pascale Desrumaux (director)Resignation: Gerdi Logghe (director)4 facts ▸
State Gazette act
Appointment: Pascale Desrumaux (director)
Resignation: Gerdi Logghe (director)4 facts ▸
- General meeting, 15-12-2025
- Director appointment, Pascale Desrumaux (director)
- General meeting, 08-06-2026
- Director resignation, Gerdi Logghe (director)
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €6,583
Net result €6,583 after 2 loss-making years.
31-12
Financial
Equity above €1mEq €1.1m ▲12.9%
Equity rises from €946,963 to €1.1m.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€29,012
Net result drops to -€29,012, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 42 days late
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 62 days late
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 19 acts read
About the unread acts
Of the 19 Belgian State Gazette acts we know for this company, 1 has been read. The other 18 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 director, last change in 2026
Pascale Desrumaux
CurrentDirector · since 15-12-2025
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
18 of this company's 19 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 4 establishment units since 2006
Ground area
1.9 ha
Building footprint
1,289 m²
Volume, LiDAR
14,094 m³
4 parcels, Brussels · tallest building 21.4 m, ±4 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
4 establishment units
Atelier Groot Eiland
since 20062.155.773.728
Atelier Groot Eiland
since 20162.257.050.735
Libelco
since 20232.351.134.597
Circularium
since 20232.351.135.191
4 parcels
Brussels
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21304B0139/00Z009 | Brussels | 1.7 ha | 1 · 300 m² | 7.6 m · 2 fl. |
| 21522B0460/00K003 | Brussels | 1,268 m² | 1 · 364 m² | 14.0 m · 4 fl. |
| 21522B0464/00D004 | Brussels | 495 m² | 1 · 507 m² | 21.4 m · 4 fl. |
| 21523B0963/00E000 | Brussels | 109 m² | 1 · 118 m² | 18.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2025, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Pascale Desrumaux |
|
| Gerdi Logghe |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 13 entries · 349,437 EUR awarded · 333,747 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 63,706 EUR | 66,819 EUR |
| 2024 | 3 | 36,966 EUR | 55,646 EUR |
| 2023 | 4 | 146,866 EUR | 140,516 EUR |
| 2022 | 3 | 101,899 EUR | 70,766 EUR |
Recognitions · licences · registrations
Food safety, FASFC
2 sitesSint-Jans-Molenbeek2.155.773.728
Sint-Jans-Molenbeek2.257.050.735
Dual-learning approval
17 live approvals · 14 endedBinnen- en buitenschrijnwerk duaal (so)
Binnenschrijnwerk en interieur duaal (so)
Groenaanleg en –beheer duaal (so)
Interieurbouwer duaal (so)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Show 11 more
Machinaal houtbewerker duaal (so)
Machinaal houtbewerker duaal (so)
Medewerker groen- en tuinaanleg (vwo)
Medewerker groen- en tuinaanleg duaal (so)
Medewerker groen- en tuinbeheer (vwo)
Medewerker groen- en tuinbeheer duaal (so)
Medewerker hout duaal (so)
Medewerker hout duaal (so)
Meubelmaker duaal (so)
Restaurant en keuken duaal (so)
Tuinaanlegger-groenbeheerder duaal (so)
Show 14 ended approvals
Hulpkok (so)
Interieurbouwer (so)
Interieurbouwer (so)
Keukenmedewerker (so)
Machinaal houtbewerker (so)
Machinaal houtbewerker duaal (so)
Medewerker groen- en tuinbeheer (so)
Medewerker hout duaal (so)
Plaatser interieurelementen (so)
Hulpkok (so)
Keukenmedewerker (so)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Machinaal houtbewerker (so)
Similar companies · same sector, comparable size
SHELTERKONING
BE 0549.815.695
Laakdal · Eq €1,070,136
DE MIKKE
BE 0423.223.569
Koksijde · Eq €1,068,200
HEKRI
BE 0461.945.969
Hasselt · Eq €1,063,765
TRAITEUR DUCHATEAU
BE 0835.210.976
Brussel · Eq €1,061,942
DA GIOVANNI
BE 0422.112.524
Antwerpen · Eq €1,077,091
Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 3,986 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded23-01-1985
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
88993Social work activities without accommodation
01130Growing of vegetables, melons, roots and tubers
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430686037
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.