Equity
€299,539 from €550,636 in 2023
Equity fell by 46% in 2 years.
ATHAGO
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €659,639 (2014)
-€26,568▼ €44,842
lowest -€138,707 (2025)
-€138,707▼ €26,316
peak €550,636 (2023)
€299,539▼ 31.7%
€313,084▼ 34.2%
peak 13.9 FTE (2008)
-not published
Board2 names since 2015
1 director
Documentsfilings and deeds
11-06-202650 days before the deadline
2025micro format
Gross margin from €18,274 to -€26,568Loss of €138,707Equity from €438,245 to €299,539Debts from €476,008 to €313,084Cash from €57,471 to €11,646
Key points
from the 2025 annual accountsLosses
-€251,097 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Staff
0.8 FTE from 13.9 in 2008
Between 2008 and 2025, 94% of the full-time equivalents disappeared.
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as ATHAGO has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
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 497,448 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 5,831 companies, not a prediction for ATHAGO. 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,
- annual accounts 2020
- score equity €469,027 (2025) · annual accounts 2020
Recent changes
Environmental permit granted
Het reliëf van de bodem aanmerkelijk wijzigen, Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Zoersel
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 2 more · Zoersel
Environmental permit refused
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 2 more · Provincie Antwerpen
Environmental permit granted
Verbouwen en/of uitbreiden met het wijzigen van alle zelfstandige gebruikseenheden (unit) binnen het gebouw · Zoersel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ATHAGO Zoersel | €612,623 | -€26,568 | 48.9% | - |
| Sociale en Residentiële Constructies Schoten | €523,040 | -€3,965 | 99.4% | - |
| Bouwbedrijf Mallants Balen | €554,307 | -€18,785 | 32.7% | - |
| DIENST MIDDENSTANDSKREDIET Koksijde | €706,402 | -€43,045 | 91.4% | - |
| BOUWWERKEN VERSTRAETE Waregem | €538,538 | -€60,334 | 99.3% | - |
| Europese Constructies - Constructions européennes Hoeilaart | €486,826 | -€1,811 | -67.0% | - |
| BOUWONDERNEMING DANNY JANSENS Mol | €567,485 | -€52,680 | 33.2% | - |
These companies have the same main activity as ATHAGO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €487,000 and €706,000, founded between 1963 and 1988.
Official details
Source: KBO- Status
- Active since 01-01-1971Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.005.446.9872980 Zoersel, since 01-01-1971
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €612,623▼ 33.0%
- Filing
- Filed on 11-06-2026, 50 days before the end of the filing period
Insights on ATHAGO
ATHAGO files the micro format. That format states no turnover. The gross margin fell from €550,673 in 2006 to -€26,568 in 2025.
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 ATHAGO
- What is the company number of ATHAGO?
- The company number of ATHAGO is 0407.980.317. The VAT number is the same number with BE in front: BE 0407.980.317.
- Where is ATHAGO based?
- The registered office is at Kwikaard 110, 2980 Zoersel.Company details
- What does ATHAGO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of ATHAGO?
- ATHAGO is a public limited company (NV).
- When was ATHAGO founded?
- ATHAGO was founded on 01-01-1971.
- Is ATHAGO still active?
- Yes, ATHAGO is an active enterprise in the KBO register.
- How many employees does ATHAGO have?
- ATHAGO had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ATHAGO fall under?
- In its 2025 annual accounts, ATHAGO states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ATHAGO?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is ATHAGO profitable?
- In financial year 2025, ATHAGO made a loss of €138,707.
- Where can I find the annual accounts of ATHAGO?
- ATHAGO filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ATHAGO due?
- ATHAGO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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