ATELJEE 94
Bankruptcy closedInactive since 15-10-2026; last annual accounts for financial year 2022.
Summary
ATELJEE 94 was declared bankrupt on 19-03-2024 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed by liquidation by judgment of 13-10-2026, published in the Belgian Official Gazette on 19-10-2026.
Financials · financial year 2022, abbreviated format
Turnover
≈ €1.2m
Estimated: probably between €710,000 and €2.0m
Total assets
€1.1m▲ 1.4%
2021 · €1.0m
Net result
€53,424▲ 26.1%
2021 · €42,367
Working capital
-€390,450▼ 47.0%
2021 · -€265,639
Trend over the years
2019 to 2022, 4 financial years 2019 to 2022, 4 financial years
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 10% above 2021 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.07m
2022
Net result€0.05m
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.1m
2022
Equity-€0.2m
2022
Debt€1.2m
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.4m
2022
Average staff in full-time equivalents (FTE).
Staff (FTE)8.7
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022
Operating result-€0.03m--€0.2m▼ 677%€0.06m€0.07m▲ 10.3%
Net result-€0.04m--€0.3m▼ 654%€0.04m€0.05m▲ 26.1%
Equity-€437--€0.3m▼ 62,582%-€0.2m▲ 15.5%-€0.2m▲ 23.1%
Total assets€1.3m-€1.1m▼ 19.6%€1.0m▼ 4.1%€1.1m▲ 1.4%
Debt€1.3m-€1.4m▲ 0.7%€1.3m▼ 6.4%€1.2m▼ 3.1%
Working capital-€0.3m--€0.4m▼ 52.8%-€0.3m▲ 34.2%-€0.4m▼ 47.0%
Staff (FTE)8.7-11.4▲ 31.0%8.5▼ 25.4%8.7▲ 2.4%
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
- 2020 Net result -654% on 2019. This financial year ran 21 months, the previous one 12.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.1m
Fixed assets
€705,232 ▼ 14.2%
Current assets
€346,888 ▲ 61.2%
Equity and liabilities
Equity-€178,293
Debt€1.2m
Equity is negative: debt (€1.2m) exceeds the balance-sheet total (€1.1m).
Key figures and ratios
EBITDA
€200,547▲
2021 · €196,250
Cash flow
€184,340▲
2021 · €175,502
Solvency
-16.9%▲
2021 · -22.3%
Current ratio
0.47▲
2021 · 0.45
Quick ratio
0.40▲
2021 · 0.39
ROA
5.1%▲
2021 · 4.1%
Interest coverage
12.36▲
2021 · 12.25
Debt ≤ 1 year
€737,338▲
2021 · €480,815
Debt > 1 year
€458,865▼
2021 · €695,197
Income taxes
€0▼
2021 · €5,000
Staff costs
€294,611▼
2021 · €304,146
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €304,146 | €294,611 | ▼ 3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,196 | €160,499 | €133,134 | €130,916 | ▼ 1.7% |
| Other operating charges640/8 | - | - | €45,994 | €6,599 | ▼ 85.7% |
| Non-recurring operating charges66A | - | - | €0 | - | - |
| Gross operating margin9900 | €212,425 | €443,934 | €546,391 | €501,757 | ▼ 8.2% |
| Operating profit (loss)9901 | -€29,136 | -€226,521 | €63,116 | €69,631 | ▲ 10.3% |
| Financial income75/76B | - | - | €272 | €17 | ▼ 93.6% |
| Recurring financial income75 | €43 | €2,132 | €272 | €17 | ▼ 93.6% |
| Financial charges65/66B | - | - | €16,020 | €16,224 | ▲ 1.3% |
| Recurring financial charges65 | €7,019 | €42,330 | €16,020 | €16,224 | ▲ 1.3% |
| Profit (loss) for the period before taxes9903 | -€36,112 | -€266,719 | €47,367 | €53,424 | ▲ 12.8% |
| Income taxes67/77 | €204 | €6,929 | €5,000 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€36,316 | -€273,647 | €42,367 | €53,424 | ▲ 26.1% |
| Profit (loss) for the period to be appropriated9905 | -€36,316 | -€273,647 | €42,367 | €53,424 | ▲ 26.1% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.3m | €1.1m | €1.0m | €1.1m | ▲ 1.4% |
| Fixed assets21/28 | €1.0m | €0.9m | €0.8m | €0.7m | ▼ 14.2% |
| Intangible fixed assets21 | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 13.7% |
| Tangible fixed assets22/27 | €1.0m | €0.9m | €0.8m | €0.7m | ▼ 14.3% |
| Land and buildings22 | - | - | €0.3m | €0.2m | ▼ 13.6% |
| Plant, machinery and equipment23 | - | - | €0.5m | €0.5m | ▼ 13.3% |
| Furniture and vehicles24 | - | - | €0.007m | €0.006m | ▼ 20.4% |
| Other tangible fixed assets26 | - | - | €0.007m | €0 | ▼ 100% |
| Current assets29/58 | €0.3m | €0.2m | €0.2m | €0.3m | ▲ 61.2% |
| Stocks and contracts in progress3 | €0.03m | €0.03m | €0.03m | €0.05m | ▲ 113% |
| Stocks30/36 | - | - | €0.03m | €0.04m | ▲ 57.4% |
| Contracts in progress37 | - | - | - | €0.01m | - |
| Amounts receivable within one year40/41 | €0.2m | €0.03m | €0.05m | €0.09m | ▲ 75.7% |
| Trade receivables40 | - | - | €0.05m | €0.09m | ▲ 74.5% |
| Other amounts receivable41 | - | - | €0 | €0.001m | - |
| Cash at bank and in hand54/58 | €0.07m | €0.1m | €0.1m | €0.2m | ▲ 37.2% |
| Deferred charges and accrued income490/1 | - | - | €0.009m | €0.02m | ▲ 181% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.3m | €1.1m | €1.0m | €1.1m | ▲ 1.4% |
| Equity10/15 | -€437 | -€0.3m | -€0.2m | -€0.2m | ▲ 23.1% |
| Contributions10/11 | €0.006m | - | €0.006m | €0.006m | = |
| Reserves13 | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Distributable reserves133 | - | - | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | -€0.04m | -€0.3m | -€0.3m | -€0.2m | ▲ 20.0% |
| Amounts payable17/49 | €1.3m | €1.4m | €1.3m | €1.2m | ▼ 3.1% |
| Amounts payable after more than one year17 | €0.8m | €0.8m | €0.7m | €0.5m | ▼ 34.0% |
| Financial debts170/4 | - | - | €0.7m | €0.5m | ▼ 34.0% |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.5m | €0.7m | ▲ 53.4% |
| Current portion of amounts payable after more than one year42 | - | - | €0.08m | €0.06m | ▼ 29.1% |
| Financial debts43 | - | - | €417 | €417 | = |
| Credit institutions430/8 | - | - | €417 | €417 | = |
| Trade debts44 | €0.3m | €0.2m | €0.1m | €0.3m | ▲ 184% |
| Suppliers440/4 | - | - | €0.1m | €0.3m | ▲ 184% |
| Advances received on contracts in progress46 | - | - | €0.02m | €0.02m | ▼ 3.6% |
| Taxes, remuneration and social security45 | - | - | €0.1m | €0.1m | ▼ 5.1% |
| Taxes450/3 | - | - | €0.06m | €0.05m | ▼ 16.8% |
| Remuneration and social security454/9 | - | - | €0.04m | €0.05m | ▲ 10.6% |
| Other amounts payable47/48 | - | - | €0.2m | €0.2m | ▲ 43.5% |
| Accrued charges and deferred income492/3 | - | - | €0.09m | €0.03m | ▼ 63.3% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€36,316 | -€273,647 | €42,367 | €53,424 | ▲ 26.1% |
| + Depreciation and write-downs630 | €50,196 | €160,499 | €133,134 | €130,916 | ▼ 1.7% |
| Operating cash flow (approximation) | €13,880 | -€113,149 | €175,502 | €184,340 | ▲ 5.0% |
| Investment in fixed assets (approximation) | - | -€59,123 | -€24,973 | -€13,824 | ▲ 44.6% |
| Change in cash | - | €26,031 | €32,677 | €48,043 | ▲ 47.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | abbreviated format | 20-07-2023 | 2023-00254537 |
| 31-12-2021 | abbreviated format | 29-08-2022 | 2022-20330873 |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-58500543 |
| 31-03-2019 | abbreviated format | 31-10-2019 | 2019-72100581 |
| 31-03-2018 | micro format | 06-11-2018 | 2018-71500551 |
| 31-03-2017 | micro format | 04-10-2017 | 2017-66600347 |
| 31-03-2016 | abbreviated format | 07-10-2016 | 2016-65300014 |
| 31-03-2015 | abbreviated format | 13-10-2015 | 2015-64900488 |
| 31-03-2014 | abbreviated format | 18-11-2014 | 2014-67200398 |
| 31-03-2013 | abbreviated format | 30-09-2013 | 2013-61700152 |
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · €10,946 awarded · €10,946 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €26 | €26 |
| 2024 | 1 | €1,777 | €1,777 |
| 2023 | 1 | €2,292 | €2,292 |
| 2022 | 2 | €6,851 | €6,851 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.