ATLANTIS
ActiveSummary
The annual accounts of ATLANTIS for fiscal year 2024 show a net loss of 239% of total assets and of 86% of the equity at the start of that year. The 2024 annual accounts show equity of €942 and a net result of -€5,698. Equity is shrinking by ~30% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 56% of 26040 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency64▼-36
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
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 →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€5,698
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-10-2025, 86 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
86 d late
2023
68 d early
2022
12 d early
2021
11 d early
2020
27 d late
2019
26 d 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 8 days after 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
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€942▼ 85.8%
2023 · €6,640
Total assets
€2,386▼ 67.0%
2023 · €7,237
Net result
-€5,698▼ 24.4%
2023 · -€4,581
Working capital
€942▼ 85.8%
2023 · €6,640
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
Line20202021202220232024
Operating result-€3,742-€5,397▼ 44.2%-€5,945▼ 10.2%-€4,557▲ 23.3%-€5,831▼ 28.0%
Net result-€3,927-€5,595▼ 42.5%-€5,910▼ 5.6%-€4,581▲ 22.5%-€5,698▼ 24.4%
Equity€22,726▼ 14.7%€17,131▼ 24.6%€11,221▼ 34.5%€6,640▼ 40.8%€942▼ 85.8%
Total assets€23,619▼ 14.6%€19,378▼ 18.0%€13,867▼ 28.4%€7,237▼ 47.8%€2,386▼ 67.0%
Debt€893▼ 11.0%€2,247▲ 152%€2,645▲ 17.7%€597▼ 77.4%€1,444▲ 142%
Working capital€22,078▼ 10.9%€16,483▼ 25.3%€9,987▼ 39.4%€6,640▼ 33.5%€942▼ 85.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,831 in 2024 against €4,557 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €2,386
Equity
€942 ▼ 85.8%
Debt
€1,444 ▲ 142%
Debt's share of the balance-sheet total rises from 8.2% to 60.5%. Equity is lower and debt is higher.
Key figures and ratios
Debt ≤ 1 year
€1,444▲
2023 · €597
Income taxes
-€179▼
2023 · €179
Ratios withheld: a balance sheet total of €2,386 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
14%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 5,827 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €600 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,229 | - | €153 | €0 | - | - |
| Other operating charges640/8 | - | €751 | €910 | €1,124 | €2,156 | ▲ 91.8% |
| Non-recurring operating charges66A | - | - | - | €487 | - | - |
| Gross operating margin9900 | -€1,922 | -€4,646 | -€4,882 | -€2,946 | -€3,675 | ▼ 24.7% |
| Operating profit (loss)9901 | -€3,742 | -€5,397 | -€5,945 | -€4,557 | -€5,831 | ▼ 28.0% |
| Financial income75/76B | - | - | €250 | €200 | - | - |
| Recurring financial income75 | - | - | €250 | €200 | - | - |
| Financial charges65/66B | - | €33 | €38 | €46 | €46 | ▲ 0.4% |
| Recurring financial charges65 | €29 | €33 | €38 | €46 | €46 | ▲ 0.4% |
| Profit (loss) for the period before taxes9903 | -€3,771 | -€5,430 | -€5,732 | -€4,403 | -€5,877 | ▼ 33.5% |
| Income taxes67/77 | €155 | €165 | €177 | €179 | -€179 | ▼ 200% |
| Profit (loss) for the period9904 | -€3,927 | -€5,595 | -€5,910 | -€4,581 | -€5,698 | ▼ 24.4% |
| Profit (loss) for the period to be appropriated9905 | -€3,927 | -€5,595 | -€5,910 | -€4,581 | -€5,698 | ▼ 24.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €23,619 | €19,378 | €13,867 | €7,237 | €2,386 | ▼ 67.0% |
| Fixed assets21/28 | €648 | €648 | €1,235 | €0 | - | - |
| Tangible fixed assets22/27 | - | - | €587 | €0 | - | - |
| Furniture and vehicles24 | - | - | €587 | €0 | - | - |
| Financial fixed assets28 | €648 | €648 | €648 | €0 | - | - |
| Current assets29/58 | €22,971 | €18,730 | €12,632 | €7,237 | €2,386 | ▼ 67.0% |
| Stocks and contracts in progress3 | €8,139 | €7,461 | €6,244 | €0 | - | - |
| Stocks30/36 | - | €7,461 | €6,244 | €0 | - | - |
| Amounts receivable within one year40/41 | €12,835 | €4,577 | €511 | €720 | - | - |
| Trade receivables40 | - | €496 | - | €305 | - | - |
| Other amounts receivable41 | - | €4,081 | €511 | €415 | - | - |
| Cash at bank and in hand54/58 | €1,997 | €6,235 | €5,406 | €6,517 | €2,386 | ▼ 63.4% |
| Deferred charges and accrued income490/1 | - | €458 | €471 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €23,619 | €19,378 | €13,867 | €7,237 | €2,386 | ▼ 67.0% |
| Equity10/15 | €22,726 | €17,131 | €11,221 | €6,640 | €942 | ▼ 85.8% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| 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 | = |
| Profit (loss) carried forward14 | €2,275 | -€3,320 | -€9,230 | -€13,811 | -€19,509 | ▼ 41.3% |
| Amounts payable17/49 | €893 | €2,247 | €2,645 | €597 | €1,444 | ▲ 142% |
| Amounts payable within one year42/48 | €893 | €2,247 | €2,645 | €597 | €1,444 | ▲ 142% |
| Trade debts44 | €575 | €1,289 | €1,134 | €0 | - | - |
| Suppliers440/4 | - | €1,289 | €1,134 | €0 | - | - |
| Taxes, remuneration and social security45 | - | €958 | €1,092 | €179 | €1,444 | ▲ 709% |
| Taxes450/3 | - | €958 | €1,092 | €179 | €1,444 | ▲ 709% |
| Other amounts payable47/48 | - | - | €419 | €419 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,927 | -€5,595 | -€5,910 | -€4,581 | -€5,698 | ▼ 24.4% |
| + Depreciation and write-downs630 | €1,229 | - | €153 | €0 | - | - |
| Operating cash flow (approximation) | -€2,698 | -€5,595 | -€5,757 | -€4,581 | -€5,698 | ▼ 24.4% |
| Investment in fixed assets (approximation) | - | €0 | -€739 | €1,235 | - | - |
| Change in cash | - | €4,238 | -€829 | €1,111 | -€4,131 | ▼ 472% |
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
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 86 days late
2024
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 12.12
Current ratio from 4.78 to 12.12; short-term debt falls from €2,645 to €597.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€5,910
Net result drops to -€5,910, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Back to profitnet €2,724
Net result €2,724 after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 42 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 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Antwerpen · 2 establishment units since 1990
Ground area
485 m²
Building footprint
399 m²
Volume, LiDAR
2,800 m³
3 parcels, Flanders · tallest building 17.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Turnhoutsebaan 148, 2140 Antwerpen
since 19902.050.208.925
Somersstraat 1, 2018 Antwerpen
since 20242.371.870.526
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0556/00G000 | Flanders | 232 m² | 1 · 232 m² | 17.8 m · 3 fl. |
| 11422C0038/00N002 | Flanders | 150 m² | 1 · 85 m² | 9.3 m · 3 fl. |
| 11808H1121/00W007 | Flanders | 103 m² | 1 · 82 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAntwerpen2.050.208.925
Antwerpen2.371.870.526
Similar companies · same sector, comparable size
BAKLAWA
BE 0767.836.162
Anderlecht · Eq €928
EKEN
BE 0629.715.486
Sint-Lambrechts-Woluwe · Eq €906
VÁDÉ
BE 0817.492.145
Pajottegem · Eq €1,051
DAUTUN
BE 0543.566.224
Bertrix · Eq €842
NAKAR
BE 0704.858.517
Antwerpen · Eq €1,132
Of 2,403 companies in sector 47241 we hold annual accounts for 1,101. 148 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded05-07-1990
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441367222
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.