ATHLETICO

Active

Public limited companyfounded 2000active for 26 yearsWaalvest 104, 8930 Menen, BelgiumKBO/BCE: BE 0472.077.818

Summary

The computed 12-month bankruptcy probability of ATHLETICO is 4.8% (elevated). The 2024 annual accounts show negative equity (-€199,507) and a net result of -€58,005. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 18,740 sector peers (NACE 56, financial year 2024). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

ATHLETICOActiveChecked score 35/100

Risk analysis Report Compare

Activity

Limited-service restaurants, excluding mobile food services

NACE 56112Full-service restaurants NACE 56111

9th oldest company in Menen, Accommodation and food service sector1 site

Size

≈ €190,000turnover 2024, estimated

Staff: 1.7 FTE
Equity: -€199,507
Loss: -€58,005

Turnover estimated from the gross margin

Financial health

35 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 4.8%

Structure

Lybeer AnitaDirector

2025 accounts not filed, 89 days past the deadline1 of 2 deeds summarised

Why 35raises risk1 financial year not filed after the legal deadline; last filed accounts filed 137 days late; 3 of the last 3 lateLoss of €58,005, the second in a row (financial year 2024)Sector: Food and beverage service activities (NACE 56)lowers riskFounded in 2000Show the evidence

Checked score

Score 2024

35 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 11% of its sector peers (NACE 56, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 0=

equity -473.3% of total assets

Liquidity 9-26

short-term debt 521.6% · cash 7.4%

Profitability 0=

return on assets -137.6%

Bankruptcy probability, 12 months

4.8% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,767 companies, NACE 56, micro)

Last 24 months 11-2024: 3.6%lowest value 12-2024: 4.6%▲ +1.0 percentage point vs 11-2024 01-2025: 4.4%▼ -0.2 percentage points vs 12-2024 02-2025: 4.4%● unchanged vs 01-2025 03-2025: 4.3%▼ -0.1 percentage points vs 02-2025 04-2025: 4.3%● unchanged vs 03-2025 05-2025: 4.2%▼ -0.1 percentage points vs 04-2025 06-2025: 4.0%▼ -0.2 percentage points vs 05-2025 07-2025: 3.9%▼ -0.1 percentage points vs 06-2025 08-2025: 4.2%▲ +0.3 percentage points vs 07-2025 09-2025: 4.3%▲ +0.1 percentage points vs 08-2025 10-2025: 3.8%▼ -0.5 percentage points vs 09-2025 11-2025: 3.9%▲ +0.1 percentage points vs 10-2025 12-2025: 5.0%▲ +1.1 percentage points vs 11-2025 01-2026: 5.1%▲ +0.1 percentage points vs 12-2025 02-2026: 5.1%● unchanged vs 01-2026 03-2026: 5.0%▼ -0.1 percentage points vs 02-2026 04-2026: 5.0%● unchanged vs 03-2026 05-2026: 5.0%● unchanged vs 04-2026 06-2026: 4.8%▼ -0.2 percentage points vs 05-2026 07-2026: 4.9%▲ +0.1 percentage points vs 06-2026 08-2026: 5.2%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 5.0%▼ -0.2 percentage points vs 08-2026 10-2026: 4.8%▼ -0.2 percentage points vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.09, compared with 0.2 in 2023, below 1; short-term debt: 521.6% and cash: 7.4% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 9% on solvency, 9% on liquidity, 8% on profitability and 17% on growth.

The bankruptcy probability was computed on 28-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises risk

Founded in 2000

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

1 financial year not filed after the legal deadline; last filed accounts filed 137 days late; 3 of the last 3 late

NBB · filings

Loss of €58,005, the second in a row (financial year 2024)

NBB · annual accounts

Sector: Food and beverage service activities (NACE 56)

KBO

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year -€199,507

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline28-10-2026 today

2024 accounts filed 137 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-12-2025, 137 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

137 days late

2023

138 days late

2022

101 days late

2021

121 days late

2020

73 days late

2019

85 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 109 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

03-09-2026 Resignation: Vandenheede Annemieke (director)Appointment: Lybeer Anita (director) ·…
15-12-2025 Annual accounts filedfinancial year 2024 · micro…
16-12-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Risk: Negative equityfinancial year 2024: debts exceed assets -€199,507 View
Risk: 3 loss-making years in a rowloss financial year 2024 -€58,005 View
Caution: Among the weakest 5% on solvencysector median 29.2% · 18,740 companies -473.3% View
Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
Caution: Equity fell in 2024from -€141,502 to -€199,507 ▼ 41.0% View
New directorlatest change 03-09-2026 · 1 in office 1 joined View

By topic

Financials

Financial year: 2024
Total assets: €42,150
Loss: -€58,005
Solvency: -473.3%

Total assets▼ 29.0%

Net result

20182024

Go to Financials

Board & ownership

Board: 1 member

Lybeer AnitaDirector

Go to Board & ownership

Timeline

Events: 28
Since: 2001

31-12-2023Weakest financial year
09-11-2023Annual accounts filed
29-11-2022Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded: 08-06-2000
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 23

Who signs: The sole director
Purpose: “De uitbating van restauranten, snackbars, frituren, alsook frituurwagens (verplaatsbaar of…” (deed in Dutch)

Go to Articles of association

Key facts about ATHLETICO

What is the company number of ATHLETICO?: 0472.077.818. In Belgium the VAT number is the company number with BE in front: BE 0472.077.818.
Where is ATHLETICO based?: The registered office is at Waalvest 104, 8930 Menen.Company details
What does ATHLETICO do?: According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of ATHLETICO?: Public limited company (NV).
When was ATHLETICO founded?: On 08-06-2000.
Is ATHLETICO still active?: Yes, ATHLETICO is an active enterprise in the KBO register.
How many employees does ATHLETICO have?: On average 1.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of ATHLETICO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ATHLETICO profitable?: In financial year 2024, ATHLETICO made a loss of €58,005.
Where can I find the annual accounts of ATHLETICO?: ATHLETICO filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2024.