Atelier Raffiné
ActiveSummary
Atelier Raffiné has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €13k. Equity is growing by ~52.8% per year across the filed fiscal years. Its solvency ranks better than 62% of 2008 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+13
Solvency82▲+21
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.76 against 1.83 in 2024; short-term debt: 26% and cash: 41.1% of total assets), and 43% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57%
Return on assets
24%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
37 d early
2024
33 d early
2023
33 d early
2022
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€31k▲ 72.6%
2024 · €18k
2022: €10k
2023: €11k
2024: €18k
2022 → 2025
Total assets
€54k▲ 10.3%
2024 · €49k
2022: €18k
2023: €48k
2024: €49k
2022 → 2025
Net result
€13k▲ 95.8%
2024 · €7k
2022: €11k
2023: €2k
2024: €7k
2022 → 2025
Working capital
€25k▲ 105%
2024 · €12k
2022: €9k
2023: €7k
2024: €12k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€10k-€11k▲ 15.5%€18k▲ 58.9%€31k▲ 72.6%
Operating result€13k-€4k▼ 69.6%€11k▲ 168%€19k▲ 73.1%
Net result€11k-€2k▼ 86.0%€7k▲ 340%€13k▲ 95.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 73% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€15k ▼ 32.1%
Current assets
€39k ▲ 46.1%
Equity and liabilities €54k
Equity
€31k ▲ 72.6%
Debt
€23k ▼ 25.3%
Debt's share of the balance-sheet total falls from 63.6% to 43.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2024 · €18k
Cash flow
€20k▲
2024 · €14k
Current ratio
2.76▲
2024 · 1.83
Debt to equity
0.76▼
2024 · 1.74
ROE
42.1%▲
2024 · 37.1%
ROA
24.0%▲
2024 · 13.5%
Interest coverage
17.74▲
2024 · 10.34
Debt ≤ 1 year
€14k▼
2024 · €15k
Debt > 1 year
€9k▼
2024 · €17k
Income taxes
€4k▲
2024 · €2k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€49k€54k▲
Fixed assets21/28€23k€15k▼
Intangible fixed assets21€1€1▼
Tangible fixed assets22/27€23k€15k▼
Furniture and vehicles24€66€0▼
Leasing and similar rights25€22k€15k▼
Current assets29/58€27k€39k▲
Amounts receivable within one year40/41€16k€16k▲
Trade receivables40€15k€15k▼
Other amounts receivable41€189€1k▲
Cash at bank and in hand54/58€11k€22k▲
Deferred charges and accrued income490/1€288€247▼
Equity and liabilities
Total equity and liabilities10/49€49k€54k▲
Equity10/15€18k€31k▲
Contributions10/11€1k€1k=
Reserves13€17k€30k▲
Distributable reserves133€17k€30k▲
Amounts payable17/49€31k€23k▼
Amounts payable after more than one year17€17k€9k▼
Financial debts170/4€17k€9k▼
Amounts payable within one year42/48€15k€14k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€197€2k▲
Suppliers440/4€197€2k▲
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€6k€4k▼
Remuneration and social security454/9€1k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€19k€27k▲
Operating profit (loss)9901€11k€19k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€9k€17k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€7k€13k▲
Profit (loss) for the period to be appropriated9905€7k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€13k▲
Transfer to equity691/2€7k€13k▲
To other reserves6921€7k€13k▲
The notes to these accounts (11 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
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2022net €13k ▲95.8%
Operating result €19k, net result €13k, both a record.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €2k ▼86%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
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, Harelbeke · 1 establishment unit since 2022
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.
Hippodroomstraat 1148530 HarelbekeGround area
3,859 m²
Building footprint
435 m²
Volume, LiDAR
20 m³
Parcel 34013A1195/00Z003, Flanders · tallest building 1.4 m. Linked by address, not a title deed.
1 establishment unit
Atelier Raffiné
since 20222.328.406.311
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34013A1195/00Z003 | Flanders | 3,859 m² | 1 · 435 m² | 1.4 m |
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.
Similar companies · same sector, comparable size
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Beauvechain · Eq €30,971
Bivolt
BE 0769.929.679
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LVVo
BE 0780.411.421
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INDABOX
BE 0506.869.342
Brussel · Eq €30,928
S+ bureau voor architectuur en stedenbouw
BE 0784.243.020
Gent · Eq €31,010
Of 18,255 companies in sector 71111 we hold annual accounts for 6,321. 4,946 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
Founded18-02-2022
Fiscal year end30-09
Activities, NACEBEL 2025
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.