ATELIER RELAY
ActiveATELIER RELAY has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 3478 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-10
Solvency67▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 1.9 in 2024; short-term debt: 37.4% and cash: 32.8% of total assets), but 57.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €25k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
68 d late
2023
on the day
2022
on the day
2021
28 d late
2020
26 d late
2019
24 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▲ 24.0%
2024 · €20k
2019: €-6k
2020: €-4k
2021: €-2k
2022: €-449
2023: €7k
2024: €20k
2019 → 2025
Total assets
€59k▲ 54.6%
2024 · €38k
2019: €46k
2020: €36k
2021: €34k
2022: €39k
2023: €44k
2024: €38k
2019 → 2025
Net result
€10k▼ 62.6%
2024 · €26k
2019: €-4k
2020: €2k
2021: €3k
2022: €6k
2023: €17k
2024: €26k
2019 → 2025
Working capital
€24k▲ 48.8%
2024 · €16k
2019: €-8k
2020: €-6k
2021: €-4k
2022: €2k
2023: €11k
2024: €16k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-2k-€-449▲ 73.0%€7k€20k▲ 210%€25k▲ 24.0%
Operating result€4k-€7k▲ 65.3%€20k▲ 168%€29k▲ 44.6%€20k▼ 29.0%
Net result€3k-€6k▲ 146%€17k▲ 173%€26k▲ 55.2%€10k▼ 62.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59k
Fixed assets
€13k▲ 222%
Current assets
€46k▲ 35.3%
Equity and liabilities €59k
Equity
€25k▲ 24.0%
Debt
€34k▲ 89.1%
The debt ratio rises from 47.1% to 57.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k▼
2024 · €31k
Cash flow
€13k▼
2024 · €28k
Solvency
42.5%▼
2024 · 52.9%
Current ratio
2.09▲
2024 · 1.90
Quick ratio
2.09▲
2024 · 1.90
Debt / equity
1.36▲
2024 · 0.89
ROE
39.3%▼
2024 · 130.3%
ROA
16.7%▼
2024 · 69.0%
Interest coverage
77.23▲
2024 · 22.65
Debt
€34k▲
2024 · €18k
Debt ≤ 1 year
€22k▲
2024 · €18k
Debt > 1 year
€7k
Income taxes
€11k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€38k€59k▲
Fixed assets21/28€4k€13k▲
Tangible fixed assets22/27€3k€12k▲
Furniture and vehicles24€3k€12k▲
Financial fixed assets28€670€670=
Current assets29/58€34k€46k▲
Amounts receivable after more than one year29€14k€21k▲
Other amounts receivable291€14k€21k▲
Amounts receivable within one year40/41€8k€6k▼
Trade receivables40€8k€6k▼
Cash at bank and in hand54/58€12k€19k▲
Deferred charges and accrued income490/1€606-
Equity and liabilities
Total equity and liabilities10/49€38k€59k▲
Equity10/15€20k€25k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€2k€6k▲
Amounts payable17/49€18k€34k▲
Amounts payable after more than one year17-€7k
Financial debts170/4-€7k
Amounts payable within one year42/48€18k€22k▲
Current portion of amounts payable after more than one year42€4k€8k▲
Trade debts44€7k€8k▲
Suppliers440/4€7k€8k▲
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€7k▼
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€32k€24k▼
Operating profit (loss)9901€29k€20k▼
Financial income75/76B€566€518▼
Recurring financial income75€566€518▼
Financial charges65/66B€1k€299▼
Recurring financial charges65€1k€299▼
Profit (loss) for the period before taxes9903€28k€20k▼
Income taxes67/77€1k€11k▲
Profit (loss) for the period9904€26k€10k▼
Profit (loss) for the period to be appropriated9905€26k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€11k▼
Profit (loss) brought forward from the previous period14P€270€2k▲
Profit to be distributed694/7€25k€5k▼
Return on contributions (dividend)694€15k-
Directors or managers695€10k€5k▼
The notes to these accounts (7 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
30-06
Financial
Highest result since 2019net €26k ▲55.2%
Operating result €29k, net result €26k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Sint-Genesius-Rode · 1 establishment unit since 2016
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.
Groenspechtlaan 231640 Sint-Genesius-RodeGround area
574 m²
Building footprint
100 m²
Volume, LiDAR
641 m³
Parcel 22552F0001/00N012, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ATELIER RELAY
since 20162.258.198.996
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552F0001/00N012 | Flanders | 574 m² | 1 · 100 m² | 9.6 m · 2 fl. |
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.
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Of 6,295 companies in sector 74120 we hold annual accounts for 1,011. 876 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-2016
Fiscal year end30-06
Activities, NACEBEL
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
62010Computer programming, consultancy and related activities
62100Computer programming
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.