Athelas
ActiveSummary
The computed 12-month bankruptcy probability of Athelas is 3.1% (moderate). The 2024 annual accounts show equity of €53k and a net result of €51k. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 4.13; short-term debt: 24% and cash: 81.1% of total assets), and 24% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€53k
Total assets
€70k
Net result
€51k
Working capital
€52k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €70k
Fixed assets
€695
Current assets
€69k
Equity and liabilities €70k
Equity
€53k
Debt
€17k
Debt finances 24.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€64k
Cash flow
€51k
Current ratio
4.13
Debt to equity
0.32
ROE
95.3%
ROA
72.5%
Interest coverage
1275.66
Debt ≤ 1 year
€17k
Income taxes
€13k
Filed annual accounts As filed with the NBB · 2024 · 30 lines
Balance sheet
Code2024
Assets
Total assets20/58€70k
Fixed assets21/28€695
Tangible fixed assets22/27€695
Plant, machinery and equipment23€695
Current assets29/58€69k
Cash at bank and in hand54/58€57k
Deferred charges and accrued income490/1€13k
Equity and liabilities
Total equity and liabilities10/49€70k
Equity10/15€53k
Contributions10/11€3k
Profit (loss) carried forward14€51k
Amounts payable17/49€17k
Amounts payable within one year42/48€17k
Trade debts44€4k
Suppliers440/4€4k
Taxes, remuneration and social security45€13k
Taxes450/3€13k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55
Non-recurring operating charges66A€69
Gross operating margin9900€64k
Operating profit (loss)9901€64k
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€50
Recurring financial charges65€50
Profit (loss) for the period before taxes9903€63k
Income taxes67/77€13k
Profit (loss) for the period9904€51k
Profit (loss) for the period to be appropriated9905€51k
Appropriation of the result
Profit (loss) to be appropriated9906€51k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55 |
| Non-recurring operating charges66A | €69 |
| Gross operating margin9900 | €64k |
| Operating profit (loss)9901 | €64k |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €50 |
| Recurring financial charges65 | €50 |
| Profit (loss) for the period before taxes9903 | €63k |
| Income taxes67/77 | €13k |
| Profit (loss) for the period9904 | €51k |
| Profit (loss) for the period to be appropriated9905 | €51k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €70k | |
| Fixed assets21/28 | €695 | |
| Tangible fixed assets22/27 | €695 | |
| Plant, machinery and equipment23 | €695 | |
| Current assets29/58 | €69k | |
| Cash at bank and in hand54/58 | €57k | |
| Deferred charges and accrued income490/1 | €13k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €70k | |
| Equity10/15 | €53k | |
| Contributions10/11 | €3k | |
| Profit (loss) carried forward14 | €51k | |
| Amounts payable17/49 | €17k | |
| Amounts payable within one year42/48 | €17k | |
| Trade debts44 | €4k | |
| Suppliers440/4 | €4k | |
| Taxes, remuneration and social security45 | €13k | |
| Taxes450/3 | €13k | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €51k |
| + Depreciation and write-downs630 | €55 |
| Operating cash flow (approximation) | €51k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Hasselt · 1 establishment unit since 2024
Ground area
2,954 m²
Building footprint
1,353 m²
Volume, LiDAR
17,166 m³
Parcel 71328D0286/00A023, Flanders · tallest building 20.2 m, ±5 floors. Linked by address, not a title deed.
16
companies at this address
See who is registered here
1 establishment unit
dr. C. Dierick
since 20242.364.511.590
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0286/00A023 | Flanders | 2,954 m² | 1 · 1,353 m² | 20.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded19-09-2024
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.