Equity
-€82,981
Debts exceed assets in financial year 2025.
ATL-Concept
Lifetime
6 annual accounts with figures on one time axispeak €4,050 (2025)
€4,050▲ €10,991
lowest -€51,188 (2025)
-€51,188▼ €40,465
peak €4,604 (2020)
-€82,981▼ €51,188
€1.0m▲ 10.9%
Board4 names since 2020
3 directorsIMBERGAMO Luigi and 2 others
Owners
Documentsfilings and deeds
23-10-202684 days late
2025micro format
Gross margin from -€6,941 to €4,050Loss of €51,188Equity from -€31,794 to -€82,981
Key points
from the 2025 annual accountsLosses
-€88,981 in six years
Every financial year from 2020 to 2025 closed with a loss. 2025 was the heaviest.
Turnover
≈ €17,000 estimated
The micro format states no turnover.
Debts
€1.0m 109% of the balance sheet
Financial debts 99%Suppliers 1%
Of this, €5,852 falls due within a year.
Filings
6 annual accounts 84 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€82,981
Less equity than 92% of companies in real estate. Sector median €73,055 · 17,210 companies.
Checked score
52
Fair
Financially stronger than 23% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%lowest value
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.2%▲ +0.1 percentage points vs 01-2025
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.3%▲ +0.1 percentage points vs 04-2025
06-2025: 1.4%▲ +0.1 percentage points vs 05-2025
07-2025: 1.5%▲ +0.1 percentage points vs 06-2025
08-2025: 2.1%▲ +0.6 percentage points vs 07-2025
09-2025: 2.5%▲ +0.4 percentage points vs 08-2025
10-2025: 3.8%▲ +1.3 percentage points vs 09-2025
11-2025: 3.9%▲ +0.1 percentage points vs 10-2025
12-2025: 4.0%▲ +0.1 percentage points vs 11-2025
01-2026: 4.0%● unchanged vs 12-2025
02-2026: 4.0%● unchanged vs 01-2026
03-2026: 4.0%● unchanged vs 02-2026
04-2026: 4.0%● unchanged vs 03-2026
05-2026: 4.0%● unchanged vs 04-2026
06-2026: 3.8%▼ -0.2 percentage points vs 05-2026
07-2026: 3.5%▼ -0.3 percentage points vs 06-2026
08-2026: 4.6%▲ +1.1 percentage points vs 07-2026
09-2026: 5.2%▲ +0.6 percentage points vs 08-2026highest value
10-2026: 2.1%▼ -3.1 percentage points vs 09-2026
11-2026: 2.2%▲ +0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 84 days late; 3 of the last 3 accounts late
No registered site in the KBO
Negative equity -€82,981
lowers risk
Size: total assets €917,423
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 13% of them on solvency, 54% on liquidity, 22% on profitability and 4% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,167 companies had the same profile as ATL-Concept has now. Each dot stands for 3 companies, two years later.
94.9%
were still trading
2.8%
stopped another way
2.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ATL-Concept itself: 2.2% within 12 months.
Test of the method
The method was tested on the 497,447 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 1,167 companies, not a prediction for ATL-Concept. 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
No credit on open account
Short-term debt is 0.6% and cash 0.5% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€82,981
raises risk · 2025 accounts filed 84 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-10-2026, 84 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
84 days late
2024
60 days late
2023
61 days late
2022
60 days late
2021
114 days late
2020
90 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 78 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
LT
Léonard Thibault
Director, since 01-09-2020
- SECURITY TWO 34%score 56equity €3.0m (2025) · 2025 annual accounts of SECURITY TWO
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0753529850
Incorporation
Founders: SECURITY TWO, LEONARD Thibaut Alain Jean Michel and IMBERGAMO Luigi · 100 shares · Appointments: SECURITY TWO, LEONARD Thibaut Alain Jean Michel and IMBERGAMO Luigi · published on 03-09-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ATL-Concept Verviers | €0.9m | €4,050 | -9.0% | - |
| H & C Construct Zedelgem | €0.8m | €4,470 | 6.2% | - |
| Immo Willems & Geukens Vorselaar | €1.0m | €5,213 | 1.3% | - |
| ASSOCIATION IMMOBILIERE DURBUYSIENNE Durbuy | €0.9m | €5,364 | 68.0% | - |
| TPAGS Esneux | €1.3m | €8,527 | 6.0% | - |
| CHC Houthalen-Helchteren | €0.8m | €2,374 | 10.4% | - |
| STAD Wielsbeke | €0.7m | €4,434 | 22.2% | - |
These companies have the same main activity as ATL-Concept: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €702,000 and €1.3m, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 01-09-2020Normal situation
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Insights on ATL-Concept
ATL-Concept files the micro format. That format states no turnover. The gross margin rose from -€1,396 in 2020 to €4,050 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 ATL-Concept
- What is the company number of ATL-Concept?
- The company number of ATL-Concept is 0753.529.850. The VAT number is the same number with BE in front: BE 0753.529.850.
- Where is ATL-Concept based?
- The registered office is at Chemin du Couloury 3, 4800 Verviers.Company details
- What does ATL-Concept do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of ATL-Concept?
- ATL-Concept is a private limited company (BV).
- When was ATL-Concept founded?
- ATL-Concept was founded on 01-09-2020.
- Is ATL-Concept still active?
- Yes, ATL-Concept is an active enterprise in the KBO register.
- What is the turnover of ATL-Concept?
- The turnover in financial year 2025 is ≈ €17,000. This figure is estimated from the gross margin of €4,050 and 48 comparable companies (NACE 68121). It probably lies between €8,300 and €53,000. It is a rough estimate.Financials
- Is ATL-Concept profitable?
- In financial year 2025, ATL-Concept made a loss of €51,188.
- Where can I find the annual accounts of ATL-Concept?
- ATL-Concept filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ATL-Concept due?
- ATL-Concept must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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