ATELIER M.U.G.
ActiveFrom the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
ATELIER M.U.G. has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €382,363 and a net result of €102,128. Equity has been growing by about 70% per year since 2019. Its solvency ranks better than 46% of 2,331 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 14-09-2017 Normal situation
- Activity
- Machining of metals NACE 25530and 1 other
- Establishment unit
- 2.267.683.222 4460 Grâce-Hollogne, since 14-09-2017
- Financial year end
- 30 September
- Peppol
- Reachable since 20-10-2025
Board and ownership
- AGAPI SvetlanaDirector · since 24-12-2019
- AGAPI RuslanManager · since 09-11-2022
- Holdings
- Shares in 1 company M.U.G.
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €159,266
- ▼ 1.8%
- Turnover
- ≈ €400,000
- estimated
- Profit
- €102,128
- ▼ 11.4%
- Equity
- €382,363
- ▲ 29.2%
- Total assets
- €951,274
- ▲ 3.7%
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Liquidity: current ratio 0.10, cash €35,077lowers riskSize: total assets €951,274Figures for financial year 2025 (filed on 24-02-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 25, micro). It does better than 44% of them on solvency, 17% on liquidity, 68% on profitability and 78% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Higher net result than 94% of companies in fabricated metal productssector median €12,122 · 2,331 companies €102,128 View
- Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
- Positive: 6 profitable years in a rowprofit 2025: €102,128 6 years View
- Positive: Equity rose in 2025from €296,024 to €382,363 ▲ 29.2% View
Comparable companies
These companies have the same main activity as ATELIER M.U.G.: machining of metals (NACE 25530). They are comparable in size and age: total assets between €761,000 and €1.1m, founded between 2016 and 2019.
| Company | Total assets | Gross margin |
|---|---|---|
| ATELIER M.U.G. Grâce-Hollogne | €1.0m | €0.2m |
| System-Inox Héron | €1.0m | €0.2m |
| STORMS CONSTRUCT Bekkevoort | €0.9m | €0.2m |
| Laswerken Leyten Geel | €0.8m | €0.2m |
| DALCON Zottegem | €0.8m | €0.2m |
| STEEL TECHNICS Waasmunster | €1.1m | €0.2m |
| MERTENS METAAL Brecht | €0.9m | €0.2m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 23-02-2026
- Annual accounts 2024filed on 25-04-2025
- Annual accounts 2023filed on 27-03-2024
- Annual accounts 2022filed on 07-03-2023
Acts in the Belgian Official Gazette
- Amendment of the articles · Legal-form change · Resignations & appointmentsact of 08-02-2024
- Resignations & appointmentsact of 02-12-2022
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about ATELIER M.U.G.
- What is the company number of ATELIER M.U.G.?
- The company number of ATELIER M.U.G. is 0681.408.172. The VAT number is the same number with BE in front: BE 0681.408.172.
- Where is ATELIER M.U.G. based?
- The registered office is at Rue Paul Janson 89, 4460 Grâce-Hollogne.Company details
- What does ATELIER M.U.G. do?
- According to the KBO register, the main activity is machining of metals (NACE 25530).
- What is the legal form of ATELIER M.U.G.?
- The legal form of ATELIER M.U.G. is Private limited company (BV).
- When was ATELIER M.U.G. founded?
- ATELIER M.U.G. was founded on 14-09-2017.
- Is ATELIER M.U.G. still active?
- Yes, ATELIER M.U.G. is an active enterprise in the KBO register.
- What is the turnover of ATELIER M.U.G.?
- The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €159,266 and 2,213 comparable companies of the same size. It probably lies between €270,000 and €620,000. It is a rough estimate.Financials
- Is ATELIER M.U.G. profitable?
- In financial year 2025, ATELIER M.U.G. made a profit of €102,128.
- Where can I find the annual accounts of ATELIER M.U.G.?
- ATELIER M.U.G. filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of ATELIER M.U.G. due?
- ATELIER M.U.G. must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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