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Atelier P

Active
Private limited companyfounded 2001active for 25 yearsGroenstraat 168, 9300 Aalst, BelgiumKBO/BCE: BE 0474.952.877
Summary

Atelier P has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115,620 and a net result of €6,850. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 53% of 38,786 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (11 days) Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00392489.

Equity
€115,620▲ 6.3%
2024 · €108,770
Total assets
€194,936▼ 4.9%
2024 · €204,969
Net result
€6,850▼ 81.7%
2024 · €37,351
Working capital
€93,338▲ 14.0%
2024 · €81,908
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 73% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€13,897 2025 Net result€6,850 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€18,232-€2,382▼ 86.9%€4,454▲ 87.0%-€15,220€6,203-€300€50,960€13,897▼ 72.7%
Net result€14,351-€898▼ 93.7%€1,204within the sector's middle half▲ 34.1%-€16,557below the sector's middle half€4,557within the sector's middle half-€1,829below the sector's middle half€37,351within the sector's middle half€6,850within the sector's middle half▼ 81.7%
Equity€95,548-€96,446▲ 0.9%€97,650within the sector's middle half▲ 1.2%€81,093within the sector's middle half▼ 17.0%€85,650within the sector's middle half▲ 5.6%€83,822within the sector's middle half▼ 2.1%€108,770within the sector's middle half▲ 29.8%€115,620within the sector's middle half▲ 6.3%
Total assets€170,801-€160,514▼ 6.0%€121,731within the sector's middle half▼ 24.2%€108,927within the sector's middle half▼ 10.5%€106,844within the sector's middle half▼ 1.9%€90,560within the sector's middle half▼ 15.2%€204,969within the sector's middle half▲ 126%€194,936within the sector's middle half▼ 4.9%
Debt€75,253-€64,068▼ 14.9%€24,081▼ 62.4%€27,834▲ 15.6%€21,193▼ 23.9%€6,738▼ 68.2%€96,199▲ 1,328%€79,316▼ 17.5%
Working capital€79,128-€73,480▼ 7.1%€77,918within the sector's middle half▲ 6.0%€64,337within the sector's middle half▼ 17.4%€72,151within the sector's middle half▲ 12.1%€74,456within the sector's middle half▲ 3.2%€81,908within the sector's middle half▲ 10.0%€93,338within the sector's middle half▲ 14.0%
Solvency55.9%-60.1%▲ 4.1pp80.2%above the sector's middle half▲ 20.1pp74.4%within the sector's middle half▼ 5.8pp80.2%above the sector's middle half▲ 5.7pp92.6%above the sector's middle half▲ 12.4pp53.1%within the sector's middle half▼ 39.5pp59.3%within the sector's middle half▲ 6.2pp
Current ratio2.19-2.16▼ 0.034.24within the sector's middle half▲ 2.073.31within the sector's middle half▼ 0.924.40within the sector's middle half▲ 1.0912.05above the sector's middle half▲ 7.651.85within the sector's middle half▼ 10.202.18within the sector's middle half▲ 0.33
Return on assets (ROA)8.4%-0.6%▼ 7.8pp1.0%within the sector's middle half▲ 0.4pp-15.2%below the sector's middle half▼ 16.2pp4.3%within the sector's middle half▲ 19.5pp-2.0%below the sector's middle half▼ 6.3pp18.2%within the sector's middle half▲ 20.2pp3.5%within the sector's middle half▼ 14.7pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €194,936
Fixed assets €22,282 ▼ 17.1%
Current assets €172,654 ▼ 3.1%
Equity and liabilities €194,936
Equity €115,620 ▲ 6.3%
Debt €79,316 ▼ 17.5%
Debt's share of the balance-sheet total falls from 46.9% to 40.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€20,003▼
2024 · €55,548
Cash flow
€12,955▼
2024 · €41,939
Quick ratio
0.82▲
2024 · 0.57
Debt to equity
0.69▼
2024 · 0.88
ROE
5.9%▼
2024 · 34.3%
Interest coverage
6.55▼
2024 · 41.26
Debt ≤ 1 year
€79,316▼
2024 · €96,199
Income taxes
€4,876▼
2024 · €12,379
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.3% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 74.5% 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 17,042 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€204,969€194,936▼
Fixed assets21/28€26,863€22,282▼
Tangible fixed assets22/27€26,863€22,282▼
Land and buildings22€21,343€17,607▼
Plant, machinery and equipment23€5,237€4,675▼
Furniture and vehicles24€283€0▼
Financial fixed assets28€0-
Current assets29/58€178,107€172,654▼
Stocks and contracts in progress3€123,734€107,485▼
Stocks30/36€123,734€107,485▼
Amounts receivable within one year40/41€17,556€24,778▲
Trade receivables40€8,554€9,366▲
Other amounts receivable41€9,002€15,413▲
Cash at bank and in hand54/58€36,598€38,691▲
Deferred charges and accrued income490/1€219€1,700▲
Equity and liabilities
Total equity and liabilities10/49€204,969€194,936▼
Equity10/15€108,770€115,620▲
Contributions10/11€6,197€6,197=
Reserves13€101,933€108,782▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€100,073€106,922▲
Profit (loss) carried forward14€640€640=
Amounts payable17/49€96,199€79,316▼
Amounts payable within one year42/48€96,199€79,316▼
Current portion of amounts payable after more than one year42-€20,000
Trade debts44€25,355€28,345▲
Suppliers440/4€25,355€28,345▲
Taxes, remuneration and social security45€27,152€27,304▲
Taxes450/3€27,152€27,304▲
Other amounts payable47/48€43,692€3,667▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,588€6,106▲
Other operating charges640/8€529€1,827▲
Gross operating margin9900€56,078€21,830▼
Operating profit (loss)9901€50,960€13,897▼
Financial income75/76B€117€881▲
Recurring financial income75€117€881▲
Financial charges65/66B€1,346€3,053▲
Recurring financial charges65€1,346€3,053▲
Profit (loss) for the period before taxes9903€49,731€11,726▼
Income taxes67/77€12,379€4,876▼
Profit (loss) for the period9904€37,351€6,850▼
Profit (loss) for the period to be appropriated9905€37,351€6,850▼
Appropriation of the result
Profit (loss) to be appropriated9906€37,992€7,490▼
Profit (loss) brought forward from the previous period14P€640€640=
Transfer from equity791/2€0-
Transfer to equity691/2€37,351€6,850▼
To other reserves6921€37,351€6,850▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,741€5,857€4,070€4,246€4,182€4,134€4,588€6,106▲ 33.1%
Other operating charges640/8---€2,366€1,099€559€529€1,827▲ 245%
Gross operating margin9900€26,675€10,978€12,529-€8,608€11,485€4,394€56,078€21,830▼ 61.1%
Operating profit (loss)9901€18,232€2,382€4,454-€15,220€6,203-€300€50,960€13,897▼ 72.7%
Financial income75/76B---€73€176€216€117€881▲ 656%
Recurring financial income75€254€1,344€10€73€176€216€117€881▲ 656%
Financial charges65/66B---€1,410€1,293€1,460€1,346€3,053▲ 127%
Recurring financial charges65€3,080€2,466€1,775€1,410€1,293€1,460€1,346€3,053▲ 127%
Profit (loss) for the period before taxes9903€15,407€5,144€2,690-€16,557€5,086-€1,544€49,731€11,726▼ 76.4%
Income taxes67/77€1,055€4,246€1,486-€529€285€12,379€4,876▼ 60.6%
Profit (loss) for the period9904€14,351€898€1,204-€16,557€4,557-€1,829€37,351€6,850▼ 81.7%
Profit (loss) for the period to be appropriated9905€14,351€898€1,204-€16,557€4,557-€1,829€37,351€6,850▼ 81.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€170,801€160,514€121,731€108,927€106,844€90,560€204,969€194,936▼ 4.9%
Fixed assets21/28€25,098€23,802€19,732€16,756€13,500€9,365€26,863€22,282▼ 17.1%
Tangible fixed assets22/27€25,070€23,773€19,703€16,727€13,471€9,336€26,863€22,282▼ 17.1%
Land and buildings22---€7,320€5,221€3,122€21,343€17,607▼ 17.5%
Plant, machinery and equipment23---€9,076€7,350€5,624€5,237€4,675▼ 10.7%
Furniture and vehicles24---€330€900€591€283€0▼ 100%
Financial fixed assets28€29€29€29€29€29€29€0--
Current assets29/58€145,703€136,712€101,999€92,171€93,344€81,194€178,107€172,654▼ 3.1%
Stocks and contracts in progress3€92,578€93,048€69,575€55,463€56,566€54,003€123,734€107,485▼ 13.1%
Stocks30/36---€55,463€56,566€54,003€123,734€107,485▼ 13.1%
Amounts receivable within one year40/41€52,576€42,569€31,998€36,128€35,663€24,558€17,556€24,778▲ 41.1%
Trade receivables40---€12,478€17,234€8,714€8,554€9,366▲ 9.5%
Other amounts receivable41---€23,650€18,428€15,845€9,002€15,413▲ 71.2%
Cash at bank and in hand54/58€549€95€168€580€448€2,179€36,598€38,691▲ 5.7%
Deferred charges and accrued income490/1----€667€453€219€1,700▲ 676%
Equity and liabilities
Total equity and liabilities10/49€170,801€160,514€121,731€108,927€106,844€90,560€204,969€194,936▼ 4.9%
Equity10/15€95,548€96,446€97,650€81,093€85,650€83,822€108,770€115,620▲ 6.3%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€6,197€6,197=
Reserves13€76,308€77,206€78,410€61,853€66,410€64,581€101,933€108,782▲ 6.7%
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133---€59,993€64,550€62,721€100,073€106,922▲ 6.8%
Profit (loss) carried forward14€640€640€640€640€640€640€640€640=
Amounts payable17/49€75,253€64,068€24,081€27,834€21,193€6,738€96,199€79,316▼ 17.5%
Amounts payable after more than one year17€8,678€836-------
Amounts payable within one year42/48€66,575€63,232€24,081€27,834€21,193€6,738€96,199€79,316▼ 17.5%
Current portion of amounts payable after more than one year42-------€20,000-
Financial debts43---€3,975€5,586----
Credit institutions430/8---€3,975€5,586----
Trade debts44€37,395€38,972€4,409€8,724€7,166€569€25,355€28,345▲ 11.8%
Suppliers440/4---€8,724€7,166€569€25,355€28,345▲ 11.8%
Taxes, remuneration and social security45---€15,135€8,442€6,169€27,152€27,304▲ 0.6%
Taxes450/3---€9,224€8,442€6,169€27,152€27,304▲ 0.6%
Remuneration and social security454/9---€5,911-----
Other amounts payable47/48------€43,692€3,667▼ 91.6%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€14,351€898€1,204-€16,557€4,557-€1,829€37,351€6,850▼ 81.7%
+ Depreciation and write-downs630€5,741€5,857€4,070€4,246€4,182€4,134€4,588€6,106▲ 33.1%
Operating cash flow (approximation)€20,092€6,755€5,274-€12,311€8,739€2,306€41,939€12,955▼ 69.1%
Investment in fixed assets (approximation)--€4,561€0-€1,270-€926€0-€22,085-€1,525▲ 93.1%
Change in cash--€454€73€413-€132€1,731€34,419€2,093▼ 93.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 24 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 11-08-2026 2026-00392489
31-12-2024 micro format 19-08-2025 2025-00381804
31-12-2023 micro format 29-05-2024 2024-00101397
31-12-2022 micro format 28-07-2023 2023-00298007
31-12-2021 micro format 09-08-2022 2022-20281130
31-12-2020 micro format 12-07-2021 2021-34400214
31-12-2019 micro format 13-07-2020 2020-29400203
31-12-2018 micro format 15-07-2019 2019-33000355
31-12-2017 micro format 11-07-2018 2018-31800426
31-12-2016 abbreviated format 11-07-2017 2017-30100552

Show all 24 filings

Similar companies · same sector, comparable size

Of the 82,258 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,856. 41,824 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 · 1 entry · €1,857 awarded · €1,857 paid
Schemes
1 entry · €1,857 · €1,857 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.