Equity
-€101,033
Debts exceed assets in financial year 2025.
ATELIERS WAUTERS
Lifetime
4 annual accounts with figures on one time axispeak €333,543 (2025)
€333,543▲ 19.9%
lowest -€85,035 (2024)
-€30,724▲ €54,311
peak €64,534 (2022)
-€101,033▼ €30,724
€618,961▲ 4.4%
Board5 names since 2022
4 directorsBastien WAUTERS and 3 others
Owners2 names in the annual accounts
100%GROUPE WAUTERS and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €278,270 to €333,543Loss of €30,724Equity from -€70,309 to -€101,033Cash from €28,064 to €52,859
Key points
from the 2025 annual accountsLosses
-€165,566 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€618,961 120% of the balance sheet
Financial debts 44%Suppliers 11%Taxes and wages 23%Other 21%
Of this, €385,402 falls due within a year.
Staff
6 employees on 31-12-2025
In 2025, 2 people joined and 1 left.
Filings
4 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€101,033
Less equity than 95% of companies in rubber and plastics. Sector median €58,116 · 158 companies.
Checked score
46
Fair
Financially stronger than 16% of micro companies in rubber and plastics (NACE 22)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 355 companies (NACE 22, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.6%▼ -0.1 percentage points vs 01-2025lowest value
03-2025: 1.6%● unchanged vs 02-2025lowest value
04-2025: 1.7%▲ +0.1 percentage points vs 03-2025
05-2025: 1.7%● unchanged vs 04-2025
06-2025: 1.8%▲ +0.1 percentage points vs 05-2025
07-2025: 1.8%● unchanged vs 06-2025
08-2025: 2.5%▲ +0.7 percentage points vs 07-2025
09-2025: 1.9%▼ -0.6 percentage points vs 08-2025
10-2025: 1.9%● unchanged vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.7%▼ -0.2 percentage points vs 12-2025
02-2026: 1.7%● unchanged vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.8%▲ +0.1 percentage points vs 03-2026
05-2026: 1.8%● unchanged vs 04-2026
06-2026: 1.8%● unchanged vs 05-2026
07-2026: 1.8%● unchanged vs 06-2026
08-2026: 2.5%▲ +0.7 percentage points vs 07-2026
09-2026: 2.7%▲ +0.2 percentage points vs 08-2026
10-2026: 4.4%▲ +1.7 percentage points vs 09-2026highest value
11-2026: 4.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
1 change of registered office in 24 months
Negative equity -€101,033
lowers risk
Figures for financial year 2025 (filed on 07-10-2026)
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 22, micro). It does better than 11% of them on solvency, 17% on liquidity, 26% on profitability and 12% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as ATELIERS WAUTERS has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ATELIERS WAUTERS itself: 4.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,555 companies, not a prediction for ATELIERS WAUTERS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.42 (0.37 in 2024), below 1. Short-term debt is 74.4% and cash 10.2% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€101,033
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
61 days late
2024
27 days late
2023
12 days late
2022
62 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 10 days after the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 August (3 of the last 4 accounts filed within 41 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
NS
NEXUS SRL
Director
- GROUPE WAUTERS 100%score 82equity €8.5m (2025) · 2025 annual accounts of GROUPE WAUTERS
- NEXUS CONNECT 25%score 84equity €29,807 (2025) · 2025 annual accounts of NEXUS CONNECT
Recent changes
Registered office moved within Charleroi
New registered office: Rue Bernipré 14, 6041 Charleroi · Previous registered office: Rue des Cayats 56, 6001 Charleroi (Marcinelle) · General meeting of 29-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0785890535
Incorporation
Founding capital of €20,000, 100 shares · Founders: NEXUS CONNECT, Nicolas WAUTERS, Jonathan WAUTERS and 1 other · Appointments: Bastien WAUTERS, Jonathan WAUTERS, Nicolas WAUTERS and NEXUS CONNECT · published on 12-05-2022 · Gazette deed
2 establishments registered
Charleroi
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ATELIERS WAUTERS Charleroi | €0.5m | €333,543 | -19.5% | - |
| ISOART Ypres | €0.7m | €317,019 | 61.5% | - |
| ELPERS & ZN Denderleeuw | €0.6m | €186,654 | 62.4% | - |
| FLANDERS PVC Kortrijk | €0.6m | €208,698 | -18.3% | 1.8 |
| CHASSIS PROTECH Braine-le-Château | €0.3m | €192,122 | 37.2% | - |
| Wall & Facade solutions Amblève | €0.9m | €137,177 | -11.9% | 14 |
| Z-frame systems Burg-Reuland | €1.4m | €278,746 | 19.1% | - |
These companies have the same main activity as ATELIERS WAUTERS: manufacture of rubber and plastic products (NACE 22240). They are comparable in size and age: total assets between €308,000 and €1.4m, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 10-05-2022Normal situation
- Activity
- Manufacture of rubber and plastic productsNACE 22240and 1 other
- Establishment units
- 2.331.568.1156001 Charleroi, since 10-05-2022
- 2.334.991.2256001 Charleroi, since 10-05-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 15-06-2022
Annual accounts 2025
- ≈ €670,000estimated
- €517,928▼ 0.9%
- Employeeson 31-12-2025
- 6▲ 20.0%
- Filing
- Filed on 30-09-2026
Insights on ATELIERS WAUTERS
ATELIERS WAUTERS files the micro format. That format states no turnover. The gross margin rose from €197,083 in 2022 to €333,543 in 2025.
The balance sheet grew most in 2023 through fixed assets.
GROUPE WAUTERS holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ATELIERS WAUTERS
- What is the company number of ATELIERS WAUTERS?
- The company number of ATELIERS WAUTERS is 0785.890.535. The VAT number is the same number with BE in front: BE 0785.890.535.
- Where is ATELIERS WAUTERS based?
- The registered office is at Rue Bernipré 14, 6041 Charleroi.Company details
- What does ATELIERS WAUTERS do?
- According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22240).
- What is the legal form of ATELIERS WAUTERS?
- ATELIERS WAUTERS is a private limited company (BV).
- When was ATELIERS WAUTERS founded?
- ATELIERS WAUTERS was founded on 10-05-2022.
- Is ATELIERS WAUTERS still active?
- Yes, ATELIERS WAUTERS is an active enterprise in the KBO register.
- How many employees does ATELIERS WAUTERS have?
- ATELIERS WAUTERS had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ATELIERS WAUTERS?
- The turnover in financial year 2025 is ≈ €670,000. This figure is estimated from the gross margin of €333,543 and 879 comparable companies of the same size. It probably lies between €470,000 and €980,000. It is a rough estimate.
- Is ATELIERS WAUTERS profitable?
- In financial year 2025, ATELIERS WAUTERS made a loss of €30,724.
- Where can I find the annual accounts of ATELIERS WAUTERS?
- ATELIERS WAUTERS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ATELIERS WAUTERS due?
- ATELIERS WAUTERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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