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Atelier21

Active
Private limited companyfounded 201610 yrs activeOttergemstraat 12, 9570 Lierde, BelgiumKBO/BCE: BE 0648.596.735

Atelier21 has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139k and a net result of €43k. Equity is growing by ~35.1% per year across the filed fiscal years. Its solvency ranks better than 69% of 237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
80 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+10
Solvency83▼-17
Growth82=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 5.82 in 2024; short-term debt: 42.1% and cash: 58% of total assets), and 42.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
57.6%
Return on assets
17.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
93 d early
2024
31 d early
2023
69 d late
2022
19 d late
2021
10 d late
2020
26 d late
2019
31 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, abbreviated schema

Turnover
€179k▲ 25.9%
2021 · €142k
2018: €95k 2019: €116k 2020: €139k 2021: €142k
2018 → 2022
EBIT margin
27.0%▲ 8.3pp
2021 · 18.7%
2018: 4.6% 2019: -2.6% 2020: 15.8% 2021: 18.7%
2018 → 2022
Net result
€43k▲ 148%
2024 · €18k
2018: €3k 2019: €-3k 2020: €20k 2021: €20k 2022: €32k 2023: €31k 2024: €18k
2018 → 2025
Working capital
€106k▲ 1.1%
2024 · €105k
2018: €11k 2019: €6k 2020: €26k 2021: €40k 2022: €68k 2023: €100k 2024: €105k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€142k-€179k▲ 25.9%
Equity€63k-€95k▲ 51.1%€126k▲ 32.2%€156k▲ 23.7%€139k▼ 10.7%
Operating result€27k-€48k▲ 81.7%€41k▼ 16.3%€24k▼ 40.6%€62k▲ 158%
Net result€20k-€32k▲ 59.8%€31k▼ 4.8%€18k▼ 42.9%€43k▲ 148%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €27k€27kNet result 2021: €20k€20kOperating result 2022: €48k€48kNet result 2022: €32k€32kOperating result 2023: €41k€41kNet result 2023: €31k€31kOperating result 2024: €24k€24kNet result 2024: €18k€18kOperating result 2025: €62k€62kNet result 2025: €43k€43k20212022202320242025
The operating result recovers in 2025; 2025 is 158% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €242k
Fixed assets €34k▼ 33.6%
Current assets €208k▲ 64.2%
Equity and liabilities €242k
Equity €139k▼ 10.7%
Debt €103k▲ 369%
The debt ratio rises from 12.3% to 42.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€79k
2024 · €32k
Cash flow
€61k
2024 · €25k
Solvency
57.6%
2024 · 87.7%
Current ratio
2.04
2024 · 5.82
Quick ratio
1.66
2024 · 4.74
Debt / equity
0.74
2024 · 0.14
ROE
31.1%
2024 · 11.2%
ROA
17.9%
2024 · 9.9%
Interest coverage
24.52
2024 · 13.52
Debt
€103k
2024 · €22k
Debt ≤ 1 year
€102k
2024 · €22k
Income taxes
€16k
2024 · €5k
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€178k€242k
Fixed assets21/28€51k€34k
Tangible fixed assets22/27€49k€32k
Plant, machinery and equipment23€11k€6k
Furniture and vehicles24€28k€19k
Other tangible fixed assets26€10k€7k
Financial fixed assets28€2k€2k=
Current assets29/58€127k€208k
Stocks and contracts in progress3€23k€39k
Stocks30/36€23k€28k
Contracts in progress37-€11k
Amounts receivable within one year40/41€18k€25k
Trade receivables40€11k€18k
Other amounts receivable41€7k€7k
Cash at bank and in hand54/58€84k€140k
Deferred charges and accrued income490/1€2k€4k
Equity and liabilities
Total equity and liabilities10/49€178k€242k
Equity10/15€156k€139k
Contributions10/11€19k€19k=
Reserves13€137k€121k
Tax-exempt reserves132€4k€4k=
Distributable reserves133€133k€116k
Profit (loss) carried forward14-€0
Amounts payable17/49€22k€103k
Amounts payable within one year42/48€22k€102k
Trade debts44€7k€7k
Suppliers440/4€7k€7k
Advances received on contracts in progress46-€855
Taxes, remuneration and social security45€5k€23k
Taxes450/3€5k€23k
Other amounts payable47/48€10k€71k
Accrued charges and deferred income492/3€127€687
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€17k
Other operating charges640/8€3k€3k
Gross operating margin9900€35k€82k
Operating profit (loss)9901€24k€62k
Financial income75/76B€703€65
Recurring financial income75€703€65
Financial charges65/66B€2k€3k
Recurring financial charges65€2k€3k
Profit (loss) for the period before taxes9903€22k€59k
Income taxes67/77€5k€16k
Profit (loss) for the period9904€18k€43k
Profit (loss) for the period to be appropriated9905€18k€43k
Appropriation of the result
Profit (loss) to be appropriated9906€18k€43k
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€60k
Transfer to equity691/2€18k€43k
To other reserves6921€18k€43k
Profit to be distributed694/7-€60k
Return on contributions (dividend)694-€60k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €43k ▲148%
Operating result €62k, net result €43k, both a record.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Equity above €150kEq €156k ▲23.7%
5 profitable years in a row build equity to €156k.
08-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 69 days late
2023
31-12
Financial Equity above €100kEq €126k ▲32.2%
4 profitable years in a row build equity to €126k.
19-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 19 days late
2022
10-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial Back to profitnet €20k
Net result €20k after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial Weakest financial yearnet €-3k ▼218%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
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, Lierde · 2 establishment units since 2016
establishment All 2 establishment units on the map
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.

Ottergemstraat 129570 Lierde
Ground area
3.7 ha
Building footprint
1.9 ha
Volume, LiDAR
91,632 m³
2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
EQUISITE
Ottergemstraat 12, 9570 LierdeManufacture of furniture
since 20162.250.191.053
CabsCars
Mandeweegsken 76, 9900 EekloNACE 45113
since 20242.364.649.469
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43352F0275/00W000 Flanders 2.8 ha 1 · 1.9 ha 11.1 m · 2 fl.
45004B0481/00C000 Flanders 9,474 m² 1 · 341 m² 6.2 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 2 entries · -1,512 EUR awarded · 529 EUR paid
Year Entries awardedpaid
2024 1 158 EUR158 EUR
2022 1 -1,670 EUR371 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · -1,512 EUR · 529 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,499 companies in sector 31004 we hold annual accounts for 620. 467 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-02-2016
Fiscal year end31-12
Abbreviation NL A21
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95319Other maintenance and repair of motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries
Enterprise
E-mail:info@atelier21.be
Enterprise
Phone:+32 493 66 22 06
Enterprise