ATKO
ActiveSummary
ATKO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €79,317 and a net result of €8,432. Equity is shrinking by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 89% of 26049 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▲+30
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 4.92 against 5.4 in 2023; short-term debt: 18.1% and cash: 8.5% of total assets), and 18.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
15 d early
2022
35 d early
2021
34 d early
2020
26 d late
2019
16 d early
← 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 13 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€79,317▲ 11.9%
2023 · €70,885
Total assets
€96,890▲ 15.8%
2023 · €83,695
Net result
€8,432
2023 · -€19,801
Working capital
€68,817▲ 22.0%
2023 · €56,385
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€26,731▼ 115%-€6,534▲ 75.6%-€7,815▼ 19.6%€6,919€8,602▲ 24.3%
Net result-€15,097below the sector's middle half▼ 327%-€7,469below the sector's middle half▲ 50.5%-€9,085below the sector's middle half▼ 21.6%-€19,801below the sector's middle half▼ 118%€8,432within the sector's middle half
Equity€107,240above the sector's middle half▼ 44.2%€99,771within the sector's middle half▼ 7.0%€90,686within the sector's middle half▼ 9.1%€70,885within the sector's middle half▼ 21.8%€79,317within the sector's middle half▲ 11.9%
Total assets€278,515within the sector's middle half▼ 2.6%€123,739within the sector's middle half▼ 55.6%€102,054within the sector's middle half▼ 17.5%€83,695within the sector's middle half▼ 18.0%€96,890within the sector's middle half▲ 15.8%
Debt€171,275▲ 82.9%€23,968▼ 86.0%€11,368▼ 52.6%€12,809▲ 12.7%€17,572▲ 37.2%
Working capital€80,117above the sector's middle half▼ 49.3%€77,271within the sector's middle half▼ 3.6%€72,186within the sector's middle half▼ 6.6%€56,385within the sector's middle half▼ 21.9%€68,817within the sector's middle half▲ 22.0%
Solvency38.5%within the sector's middle half▼ 28.8pp80.6%above the sector's middle half▲ 42.1pp88.9%above the sector's middle half▲ 8.2pp84.7%above the sector's middle half▼ 4.2pp81.9%above the sector's middle half▼ 2.8pp
Current ratio1.47within the sector's middle half▼ 1.234.22above the sector's middle half▲ 2.767.35above the sector's middle half▲ 3.135.40above the sector's middle half▼ 1.954.92above the sector's middle half▼ 0.49
Return on assets (ROA)-5.4%below the sector's middle half▼ 4.2pp-6.0%below the sector's middle half▼ 0.6pp-8.9%below the sector's middle half▼ 2.9pp-23.7%below the sector's middle half▼ 14.8pp8.7%within the sector's middle half▲ 32.4pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 24% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €96,890
Fixed assets
€10,500 ▼ 27.6%
Current assets
€86,390 ▲ 24.9%
Equity and liabilities €96,890
Equity
€79,317 ▲ 11.9%
Debt
€17,572 ▲ 37.2%
Debt's share of the balance-sheet total rises from 15.3% to 18.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12,602▲
2023 · €10,919
Cash flow
€12,432▲
2023 · -€15,801
Quick ratio
4.72▼
2023 · 5.12
Debt to equity
0.22▲
2023 · 0.18
ROE
10.6%▲
2023 · -27.9%
Interest coverage
30.28▲
2023 · 30.07
Debt ≤ 1 year
€17,572▲
2023 · €12,809
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €927 | €134 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,741 | €4,220 | €4,000 | €4,000 | €4,000 | = |
| Other operating charges640/8 | - | €1,407 | €967 | €470 | €1,949 | ▲ 315% |
| Non-recurring operating charges66A | - | €403 | - | - | - | - |
| Gross operating margin9900 | -€14,975 | €422 | -€2,714 | €11,389 | €14,552 | ▲ 27.8% |
| Operating profit (loss)9901 | -€26,731 | -€6,534 | -€7,815 | €6,919 | €8,602 | ▲ 24.3% |
| Financial income75/76B | - | €68 | €38 | €70 | €246 | ▲ 253% |
| Recurring financial income75 | €12,136 | €68 | €38 | €70 | €246 | ▲ 253% |
| Financial charges65/66B | - | €1,003 | €1,308 | €26,789 | €416 | ▼ 98.4% |
| Recurring financial charges65 | €502 | €1,003 | €1,308 | €363 | €416 | ▲ 14.6% |
| Non-recurring financial charges66B | - | - | - | €26,426 | - | - |
| Profit (loss) for the period before taxes9903 | -€15,097 | -€7,469 | -€9,085 | -€19,801 | €8,432 | ▲ 143% |
| Profit (loss) for the period9904 | -€15,097 | -€7,469 | -€9,085 | -€19,801 | €8,432 | ▲ 143% |
| Profit (loss) for the period to be appropriated9905 | -€15,097 | -€7,469 | -€9,085 | -€19,801 | €8,432 | ▲ 143% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €278,515 | €123,739 | €102,054 | €83,695 | €96,890 | ▲ 15.8% |
| Fixed assets21/28 | €27,123 | €22,500 | €18,500 | €14,500 | €10,500 | ▼ 27.6% |
| Tangible fixed assets22/27 | €24,623 | €20,000 | €16,000 | €12,000 | €8,000 | ▼ 33.3% |
| Land and buildings22 | - | €20,000 | €16,000 | €12,000 | €8,000 | ▼ 33.3% |
| Financial fixed assets28 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Current assets29/58 | €251,392 | €101,239 | €83,554 | €69,195 | €86,390 | ▲ 24.9% |
| Stocks and contracts in progress3 | - | €3,000 | €3,600 | €3,600 | €3,496 | ▼ 2.9% |
| Stocks30/36 | - | €3,000 | €3,600 | €3,600 | €3,496 | ▼ 2.9% |
| Amounts receivable within one year40/41 | €216,483 | €65,820 | €70,825 | €63,557 | €73,527 | ▲ 15.7% |
| Trade receivables40 | - | €60,981 | €67,694 | €62,390 | €69,702 | ▲ 11.7% |
| Other amounts receivable41 | - | €4,838 | €3,132 | €1,167 | €3,826 | ▲ 228% |
| Cash at bank and in hand54/58 | €34,909 | €32,419 | €7,926 | €642 | €8,239 | ▲ 1,183% |
| Deferred charges and accrued income490/1 | - | - | €1,203 | €1,395 | €1,128 | ▼ 19.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €278,515 | €123,739 | €102,054 | €83,695 | €96,890 | ▲ 15.8% |
| Equity10/15 | €107,240 | €99,771 | €90,686 | €70,885 | €79,317 | ▲ 11.9% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Outside capital11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Other1109/19 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €88,648 | €81,179 | €72,094 | €52,293 | €52,293 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | €79,320 | €70,235 | €50,434 | €50,434 | = |
| Profit (loss) carried forward14 | - | - | - | - | €8,432 | - |
| Amounts payable17/49 | €171,275 | €23,968 | €11,368 | €12,809 | €17,572 | ▲ 37.2% |
| Amounts payable within one year42/48 | €171,275 | €23,968 | €11,368 | €12,809 | €17,572 | ▲ 37.2% |
| Trade debts44 | €99,412 | - | €11,302 | €5,130 | €17,572 | ▲ 243% |
| Suppliers440/4 | - | - | €11,302 | €5,130 | €17,572 | ▲ 243% |
| Taxes, remuneration and social security45 | - | €23,968 | - | €500 | - | - |
| Taxes450/3 | - | €23,968 | - | €500 | - | - |
| Other amounts payable47/48 | - | - | €66 | €7,180 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,097 | -€7,469 | -€9,085 | -€19,801 | €8,432 | ▲ 143% |
| + Depreciation and write-downs630 | €7,741 | €4,220 | €4,000 | €4,000 | €4,000 | = |
| Operating cash flow (approximation) | -€7,356 | -€3,249 | -€5,085 | -€15,801 | €12,432 | ▲ 179% |
| Investment in fixed assets (approximation) | - | €403 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,490 | -€24,493 | -€7,283 | €7,597 | ▲ 204% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €8,432
Net result €8,432 after 5 loss-making years.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€19,801
Net result drops to -€19,801, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 4.22
Current ratio from 1.47 to 4.22; short-term debt falls from €171,275 to €23,968.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Tongeren-Borgloon · 1 establishment unit since 1988
Ground area
281 m²
Building footprint
142 m²
Volume, LiDAR
1,090 m³
Parcel 73347A0324/00V003, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ATKO
since 19882.039.226.149
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73347A0324/00V003 | Flanders | 281 m² | 1 · 142 m² | 12.7 m · 3 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.
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Of 1,719 companies in sector 47521 we hold annual accounts for 1,288. 776 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-06-1988
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0434676992
Also
9925:BE0434676992
Registered
17-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.