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Atelier H

Active
Private limited companyfounded 201610 yrs activeRauwelkoven 72, 2440 Geel, BelgiumKBO/BCE: BE 0647.923.970
Summary

The computed 12-month bankruptcy probability of Atelier H is 5.4% (elevated). The 2024 annual accounts show equity of €28,826 and a net result of €724. Equity is growing by ~72.1% per year across the filed fiscal years. Its solvency ranks better than 24% of 36400 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€126,992total assets 2024
Equity
€28,826
Profit
€724
Turnover not published (abridged schema)
Financial health
36 Weak Checked score 2024
Bankruptcy chance 12 m
5.4%
Structure
Accounts 67 d overdue0 of 3 deeds read
Why 36- 1 financial year not filed after the legal deadline; latest accounts 120 days late; 3 of the last 3 late- Figures for FY 2024 (filed 28-11-2025)- Liquidity: current ratio 1.13, cash €4,115- Profit of €724 (FY 2024)Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 28% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency 48-5
equity 22.7% of total assets
Liquidity 20-6
short-term debt 65.1% · cash 3.2%
Profitability 69-20
return on assets 0.6%
Bankruptcy probability, 12 months
5.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,515 companies)
Last 24 months 11-2024: 4.8% 12-2024: 4.0%▼ -17.6% vs 11-2024 01-2025: 4.0%● 0.0% vs 12-2024 02-2025: 3.9%▼ -1.6% vs 01-2025 03-2025: 3.9%● 0.0% vs 02-2025 04-2025: 3.9%▼ -0.4% vs 03-2025 05-2025: 3.8%▼ -2.1% vs 04-2025 06-2025: 3.6%▼ -5.0% vs 05-2025 07-2025: 3.3%▼ -7.9% vs 06-2025lowest value 08-2025: 4.1%▲ +23.7% vs 07-2025 09-2025: 4.5%▲ +8.6% vs 08-2025 10-2025: 6.3%▲ +41.2% vs 09-2025 11-2025: 6.5%▲ +3.1% vs 10-2025highest value 12-2025: 3.9%▼ -39.2% vs 11-2025 01-2026: 3.9%▼ -1.8% vs 12-2025 02-2026: 3.9%● 0.0% vs 01-2026 03-2026: 3.9%▼ -0.6% vs 02-2026 04-2026: 3.9%▲ +1.5% vs 03-2026 05-2026: 3.6%▼ -7.9% vs 04-2026 06-2026: 3.4%▼ -4.8% vs 05-2026 07-2026: 3.4%▼ -0.8% vs 06-2026 08-2026: 3.5%▲ +2.6% vs 07-2026 09-2026: 4.0%▲ +15.1% vs 08-2026 10-2026: 5.4%▲ +35.2% vs 09-2026
  • 1 financial year not filed after the legal deadline; latest accounts 120 days late; 3 of the last 3 late raises the probability
  • Figures for FY 2024 (filed 28-11-2025) raises the probability
  • Liquidity: current ratio 1.13, cash €4,115 raises the probability
  • Profit of €724 (FY 2024) raises the probability
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.13 against 1.38 in 2023; short-term debt: 65.1% and cash: 3.2% of total assets), and 77.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 24%, liquidity 11%, profitability 36%, growth against the median 42%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 120 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Figures for FY 2024 (filed 28-11-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.13, cash €4,115
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Profit of €724 (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 36400 sector peers (2024).
NBB · sector comparison
Position among 36400 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
120 d late
2023
121 d late
2022
61 d late
2021
39 d late
2020
146 d late
2019
152 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 107 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View
  • Total assets 20246 fiscal years filed €126,992 View
  • Active since 2016founded 08-02-2016 10 years View

By topic

Financials

Fiscal year
2024
Total assets
€126,992
Profit
€724
Solvency
22.7%
Total assets▲ 27.1%
Net result
20182024
Go to Financials

Timeline

Events
10
Since
2018
  1. 28-11-2025Annual accounts filed
  2. 29-11-2024Annual accounts filed
  3. 30-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
08-02-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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