ATLANTIC
ActiveSummary
ATLANTIC has been active since 1950 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €423,551 and a net result of -€53,324. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 32% of 870 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-6
Solvency49▲+7
Growth28▼-11
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.3 in 2024; short-term debt: 68.2% and cash: 23.9% of total assets), and 76.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
2 d early
2023
16 d early
2022
27 d early
2021
59 d early
2020
12 d early
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€11.9m▲ 3.7%
2024 · €11.4m
EBIT margin
-0.7%▼ 1.0pp
2024 · 0.2%
Net result
-€53,324
2024 · €12,300
Working capital
€543,539▼ 36.8%
2024 · €860,015
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€15.2m▲ 26.1%€23.3m▲ 53.4%€13.6m▼ 41.9%€11.4m▼ 15.6%€11.9m▲ 3.7%
Operating result-€9,242▲ 95.9%€156,109€109,813▼ 29.7%€27,785▼ 74.7%-€84,429
Net result€4,330€147,537▲ 3,308%€61,621▼ 58.2%€12,300▼ 80.0%-€53,324
EBIT margin-0.1%▲ 1.8pp0.7%▲ 0.7pp0.8%▲ 0.1pp0.2%▼ 0.6pp-0.7%▼ 1.0pp
Equity€405,417▼ 30.7%€552,954▲ 36.4%€614,576▲ 11.1%€626,875▲ 2.0%€423,551▼ 32.4%
Total assets€3.3m▲ 13.2%€5.0m▲ 54.9%€4.1m▼ 18.7%€3.8m▼ 7.4%€1.8m▼ 52.8%
Debt€2.8m▲ 24.5%€4.5m▲ 57.6%€3.5m▼ 22.4%€3.1m▼ 9.8%€1.4m▼ 56.5%
Working capital€1.0m▲ 41.5%€1.3m▲ 20.0%€780,426▼ 38.0%€860,015▲ 10.2%€543,539▼ 36.8%
Staff (FTE)8.1▼ 10.0%9.5▲ 17.3%11▲ 15.8%8.7▼ 20.9%7.1▼ 18.4%
Why a figure moved sharply
- 2025 Total assets -53% on 2024. Cause not known from the registers.
- 2022 Turnover +53%, Net result +3,308%, Total assets +55% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €84,429 after €27,785 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€26,261 ▼ 35.1%
Current assets
€1.8m ▼ 53.0%
Equity and liabilities €1.8m
Equity
€423,551 ▼ 32.4%
Provisions
€170 ▼ 99.3%
Debt
€1.4m ▼ 56.5%
Debt's share of the balance-sheet total falls from 82.8% to 76.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€70,237▼
2024 · €41,990
Cash flow
-€39,131▼
2024 · €26,505
Current ratio
1.45▲
2024 · 1.30
Debt to equity
3.23▼
2024 · 5.01
ROE
-12.6%▼
2024 · 2.0%
ROA
-3.0%▼
2024 · 0.3%
Interest coverage
-0.41▼
2024 · 0.38
Debt ≤ 1 year
€1.2m▼
2024 · €2.9m
Debt > 1 year
€11,917▼
2024 · €20,006
Income taxes
€221▼
2024 · €7,057
Staff costs
€547,930▼
2024 · €669,345
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,448 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €15.2m | €23.5m | €13.6m | €11.5m | €11.9m | ▲ 3.7% |
| Turnover70 | €15.2m | €23.3m | €13.6m | €11.4m | €11.9m | ▲ 3.7% |
| Other operating income74 | €17,967 | €120,304 | €40,968 | €23,422 | €14,557 | ▼ 37.9% |
| Operating charges60/66A | €15.2m | €23.3m | €13.5m | €11.4m | €12.0m | ▲ 4.6% |
| Goods for resale, raw materials and consumables60 | €13.8m | €21.4m | €11.4m | €9.5m | €9.8m | ▲ 3.4% |
| Purchases600/8 | €13.8m | €21.4m | €11.4m | €9.5m | €9.8m | ▲ 3.4% |
| Services and other goods61 | €920,725 | €1.2m | €1.2m | €1.2m | €1.6m | ▲ 30.0% |
| Remuneration, social security and pensions62 | €522,449 | €683,681 | €830,102 | €669,345 | €547,930 | ▼ 18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,483 | €7,693 | €11,165 | €14,206 | €14,192 | ▼ 0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€48,470 | €51,871 | -€11,220 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €229 | €23,466 | -€23,525 | ▼ 200% |
| Other operating charges640/8 | €4,734 | €55,554 | €5,132 | €3,545 | €3,882 | ▲ 9.5% |
| Operating profit (loss)9901 | -€9,242 | €156,109 | €109,813 | €27,785 | -€84,429 | ▼ 404% |
| Financial income75/76B | €71,022 | €46,773 | €107,496 | €105,283 | €216,694 | ▲ 106% |
| Recurring financial income75 | €71,022 | €46,773 | €106,908 | €105,283 | €216,694 | ▲ 106% |
| Income from current assets751 | €64,261 | €31,873 | €96,271 | €102,640 | €123,187 | ▲ 20.0% |
| Other financial income752/9 | €6,761 | €14,900 | €10,637 | €2,643 | €93,507 | ▲ 3,438% |
| Non-recurring financial income76B | - | - | €588 | - | - | - |
| Financial charges65/66B | €57,293 | €50,736 | €130,054 | €113,711 | €185,368 | ▲ 63.0% |
| Recurring financial charges65 | €57,293 | €50,736 | €130,054 | €113,711 | €185,368 | ▲ 63.0% |
| Debt charges650 | €50,130 | €34,421 | €123,294 | €110,665 | €171,280 | ▲ 54.8% |
| Other financial charges652/9 | €7,163 | €16,314 | €6,760 | €3,046 | €14,088 | ▲ 363% |
| Profit (loss) for the period before taxes9903 | €4,486 | €152,147 | €87,255 | €19,357 | -€53,103 | ▼ 374% |
| Income taxes67/77 | €156 | €4,609 | €25,634 | €7,057 | €221 | ▼ 96.9% |
| Taxes670/3 | €156 | €4,609 | €25,634 | €7,057 | €221 | ▼ 96.9% |
| Profit (loss) for the period9904 | €4,330 | €147,537 | €61,621 | €12,300 | -€53,324 | ▼ 534% |
| Profit (loss) for the period to be appropriated9905 | €4,330 | €147,537 | €61,621 | €12,300 | -€53,324 | ▼ 534% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.3m | €5.0m | €4.1m | €3.8m | €1.8m | ▼ 52.8% |
| Fixed assets21/28 | €38,277 | €31,039 | €54,560 | €40,454 | €26,261 | ▼ 35.1% |
| Intangible fixed assets21 | €261 | - | - | - | - | - |
| Tangible fixed assets22/27 | €32,439 | €25,461 | €48,982 | €34,776 | €20,584 | ▼ 40.8% |
| Furniture and vehicles24 | €7,424 | €6,422 | €5,129 | €3,836 | €2,556 | ▼ 33.4% |
| Leasing and similar rights25 | €25,015 | €19,039 | €43,853 | €30,941 | €18,028 | ▼ 41.7% |
| Financial fixed assets28 | €5,578 | €5,578 | €5,578 | €5,678 | €5,678 | = |
| Other financial fixed assets284/8 | €5,578 | €5,578 | €5,578 | €5,678 | €5,678 | = |
| Shares284 | €5,578 | €5,578 | €5,578 | €5,578 | €5,578 | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €100 | €100 | = |
| Current assets29/58 | €3.2m | €5.0m | €4.0m | €3.8m | €1.8m | ▼ 53.0% |
| Amounts receivable within one year40/41 | €3.0m | €4.6m | €3.6m | €3.2m | €1.3m | ▼ 59.5% |
| Trade receivables40 | €2.2m | €3.5m | €1.5m | €1.5m | €1.3m | ▼ 14.6% |
| Other amounts receivable41 | €777,667 | €1.1m | €2.1m | €1.7m | €34,134 | ▼ 98.0% |
| Cash at bank and in hand54/58 | €205,816 | €353,873 | €479,604 | €519,716 | €428,603 | ▼ 17.5% |
| Deferred charges and accrued income490/1 | €5,897 | €5,027 | €3,465 | €3,270 | €28,582 | ▲ 774% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.3m | €5.0m | €4.1m | €3.8m | €1.8m | ▼ 52.8% |
| Equity10/15 | €405,417 | €552,954 | €614,576 | €626,875 | €423,551 | ▼ 32.4% |
| Contributions10/11 | €372,000 | €372,000 | €372,000 | €372,000 | €372,000 | = |
| Capital10 | €372,000 | €372,000 | €372,000 | €372,000 | €372,000 | = |
| Issued capital100 | €372,000 | €372,000 | €372,000 | €372,000 | €372,000 | = |
| Reserves13 | €37,098 | €44,478 | €242,576 | €254,875 | €51,551 | ▼ 79.8% |
| Non-distributable reserves130/1 | €22,132 | €29,512 | €32,635 | €33,865 | €33,865 | = |
| Legal reserve130 | €22,132 | €29,512 | €32,635 | €33,865 | €33,865 | = |
| Tax-exempt reserves132 | €14,966 | €14,966 | €14,966 | €14,966 | €14,966 | = |
| Distributable reserves133 | - | - | €194,974 | €206,044 | €2,720 | ▼ 98.7% |
| Profit (loss) carried forward14 | -€3,681 | €136,476 | - | - | - | - |
| Provisions and deferred taxes16 | - | - | €229 | €23,695 | €170 | ▼ 99.3% |
| Provisions for liabilities and charges160/5 | - | - | €229 | €23,695 | €170 | ▼ 99.3% |
| Pensions and similar obligations160 | - | - | €229 | €23,695 | €170 | ▼ 99.3% |
| Amounts payable17/49 | €2.8m | €4.5m | €3.5m | €3.1m | €1.4m | ▼ 56.5% |
| Amounts payable after more than one year17 | €19,297 | €13,398 | €32,530 | €20,006 | €11,917 | ▼ 40.4% |
| Financial debts170/4 | €19,297 | €13,398 | €32,530 | €20,006 | €11,917 | ▼ 40.4% |
| Leasing and similar obligations172 | €19,297 | €13,398 | €32,530 | €20,006 | €11,917 | ▼ 40.4% |
| Amounts payable within one year42/48 | €2.2m | €3.8m | €3.3m | €2.9m | €1.2m | ▼ 57.8% |
| Current portion of amounts payable after more than one year42 | €5,808 | €5,899 | €12,118 | €12,524 | €8,098 | ▼ 35.3% |
| Financial debts43 | €82,143 | €11,448 | €63,512 | - | - | - |
| Credit institutions430/8 | €82,143 | €11,448 | €63,512 | - | - | - |
| Trade debts44 | €1.3m | €2.1m | €421,930 | €575,848 | €918,622 | ▲ 59.5% |
| Suppliers440/4 | €1.3m | €2.1m | €421,930 | €575,848 | €918,622 | ▲ 59.5% |
| Advances received on contracts in progress46 | €74,217 | €105,095 | €223,167 | €133,798 | €74,548 | ▼ 44.3% |
| Taxes, remuneration and social security45 | €78,358 | €99,862 | €118,506 | €66,762 | €60,393 | ▼ 9.5% |
| Taxes450/3 | €7,124 | €11,549 | €12,240 | €6,504 | €13,092 | ▲ 101% |
| Remuneration and social security454/9 | €71,234 | €88,313 | €106,267 | €60,259 | €47,301 | ▼ 21.5% |
| Other amounts payable47/48 | €609,765 | €1.4m | €2.4m | €2.1m | €158,976 | ▼ 92.4% |
| Accrued charges and deferred income492/3 | €661,921 | €722,867 | €187,651 | €229,892 | €134,163 | ▼ 41.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,330 | €147,537 | €61,621 | €12,300 | -€53,324 | ▼ 534% |
| + Depreciation and write-downs630 | €8,483 | €7,693 | €11,165 | €14,206 | €14,192 | ▼ 0.1% |
| Operating cash flow (approximation) | €12,813 | €155,230 | €72,786 | €26,505 | -€39,131 | ▼ 248% |
| Investment in fixed assets (approximation) | - | -€455 | -€34,686 | -€100 | €0 | ▲ 100% |
| Change in cash | - | €148,057 | €125,732 | €40,111 | -€91,113 | ▼ 327% |
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
Next filing, fiscal year 2026, expected by
2026
04-08
State Gazette act
Resignation: Marpinic BV (director)Permanent representative: Robert Van den Eynde · Power of attorney7 facts ▸
State Gazette act
Resignation: Marpinic BV (director)
Permanent representative: Robert Van den Eynde · Power of attorney7 facts ▸
- General meeting, 30-06-2026
- Director resignation, Marpinic BV (director)
- Permanent representative, Robert Van den Eynde (permanent representative)
- Power of attorney, Ludovic Mertens
- Power of attorney, Alexander Verleysen
- Power of attorney, Joris Durinck
- Power of attorney, Bianca De Nockere
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €147,537 ▲3,308%
Operating result €156,109, net result €147,537, both a record.
31-12
Financial
Equity above €500,000Eq €552,954 ▲36.4%
2 profitable years in a row build equity to €552,954.
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €4,330
Net result €4,330 after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet -€184,277
Net result drops to -€184,277, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 16 acts read
About the unread acts
Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
15 of this company's 16 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1950
Ground area
1.6 ha
Parcel 11807G1333/00S034, Flanders. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
ATLANTIC
since 19502.002.913.012
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1333/00S034 | Flanders | 1.6 ha | - | - |
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.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MARPINIC |
|
Structure & network
Part of the group
MAYFIELD
12 companies
Group, risk and exposure
Owners and holdings
2 ownersChain of control
Highest known parent: MAYFIELD. The sources do not say who stands above it.
Owners 2
- Wijngaard Natieparent99.92%
-
0.08%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 6 entries · 4,788 EUR awarded · 4,788 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | 394 EUR | 394 EUR |
| 2023 | 2 | 2,359 EUR | 2,359 EUR |
| 2022 | 2 | 2,035 EUR | 2,035 EUR |
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 5,444 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded15-03-1950
Fiscal year end31-12
Abbreviation NL
WGN LOGISTICS
Activities, NACEBEL 2025
49410Freight transport by road
52250Logistics services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0404755264
Also
9925:BE0404755264
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.