Equity
€19,717 from €58,138 in 2020
Equity fell by 66% in 5 years.
ATELJ
Lifetime
6 annual accounts with figures on one time axispeak €51,098 (2025)
€51,098▲ 2.6%
lowest -€52,260 (2023)
€12,214▲ 169%
peak €58,138 (2020)
€19,717▲ 163%
€447,587▲ 4.1%
Board2 names since 2020
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Result from €4,545 to €12,214Equity from €7,503 to €19,717Investments €45,885Cash from €7,292 to €14,300
Key points
from the 2025 annual accountsTurnover
≈ €230,000 estimated
The micro format states no turnover.
Debts
€447,587 96% of the balance sheet
Financial debts 81%Suppliers 13%Taxes and wages 2%Other 4%
Of this, €81,772 falls due within a year.
Investments
€44,689 2.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 55.1% higher than in 2024.
Filings
6 annual accounts 6 late
The 2022 accounts came latest: 32 days after the end of the period.
Position in the sector
4.2%
Lower solvency than 89% of companies in specialised construction. Sector median 46.8% · 37,240 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,603 companies had the same profile as ATELJ has now. Each dot stands for 5 companies, two years later.
95.9%
were still trading
1.8%
stopped another way
1.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,603 companies, not a prediction for ATELJ. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- 250 sharesdeed of 29-01-2020
- 250 sharesdeed of 29-01-2020
- 250 sharesdeed of 29-01-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0742565979
Incorporation
Founding capital of €500 · Founders: and · Appointments: (director) and (director) · published on 29-01-2020 · Gazette deed
First establishment
Kriekestraat 58, Ichtegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ATELJ Ichtegem | €467,304 | €51,098 | 4.2% | - |
| Vermeulen Maarten Moorslede | €418,296 | €58,287 | 21.3% | - |
| VANDEWAETERE Wielsbeke | €401,892 | €46,743 | 20.8% | - |
| SCHRIJNWERKEN VANACKER Wingene | €387,049 | €45,906 | 22.2% | - |
| WINDOW@HOME Kortrijk | €446,767 | €43,067 | 39.7% | - |
| Batoet Tielt | €562,264 | €54,496 | 2.3% | - |
| SCHRIJNWERK MOEYERSOON Dendermonde | €416,102 | €50,223 | 34.3% | - |
These companies have the same main activity as ATELJ: joinery installation (NACE 43320). They are comparable in size and age: total assets between €387,000 and €562,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 27-01-2020Normal situation
- Activity
- Joinery installationNACE 43320and 5 others
- Establishment unit
- 2.300.666.8838480 Ichtegem, since 27-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 15-10-2025
Insights on ATELJ
ATELJ files the micro format. That format states no turnover. The gross margin rose from €25,536 in 2020 to €51,098 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets, financed with long-term debt.
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 ATELJ
- What is the company number of ATELJ?
- The company number of ATELJ is 0742.565.979. The VAT number is the same number with BE in front: BE 0742.565.979.
- Where is ATELJ based?
- The registered office is at Kriekestraat 58, 8480 Ichtegem.Company details
- What does ATELJ do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of ATELJ?
- ATELJ is a private limited company (BV).
- When was ATELJ founded?
- ATELJ was founded on 27-01-2020.
- Is ATELJ still active?
- Yes, ATELJ is an active enterprise in the KBO register.
- What is the turnover of ATELJ?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €51,098 and 43 comparable companies (NACE 43320). It probably lies between €150,000 and €320,000.Financials
- Is ATELJ profitable?
- In financial year 2025, ATELJ made a profit of €12,214.
- Where can I find the annual accounts of ATELJ?
- ATELJ filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ATELJ due?
- ATELJ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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