Turnover
The micro format states no turnover.
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 70% of them on solvency, 80% on liquidity, 64% on profitability and 64% 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 elevated class on 30-06-2025, 6.3% 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).
In July 2024, 26,972 companies had the same profile as ATLAS EATS has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ATLAS EATS itself is higher: 7.6% within 12 months. It rests on far more data about ATLAS EATS than the profile alone.
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 26,972 companies, not a prediction for ATLAS EATS. 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.
Liquidity is tight, with a current ratio of 1.16 (1.21 in 2024), below the usual 1.5. Short-term debt is 47.1% and cash 42.9% of total assets. 47.1% of the assets are financed with debt and provisions.
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.
The company filed its last 4 accounts on average 48 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ATLAS EATS Ghent | €46,075 | €19,711 | 52.9% | - |
| TISDEMAX Veurne | €44,255 | €20,993 | 42.2% | - |
| Napolitano Bruges | €44,278 | €22,119 | 12.9% | - |
| Le Petit Parc Huy | €51,005 | €21,412 | 11.6% | - |
| SURGA Rumst | €44,029 | €24,135 | -6.0% | - |
| 7de Hemel Antwerp | €43,830 | €21,233 | -259.0% | - |
| Jack Merchtem | €41,929 | €21,586 | -323.0% | - |
These companies have the same main activity as ATLAS EATS: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €41,900 and €51,000, founded between 2020 and 2022.
ATLAS EATS files the micro format. That format states no turnover. The gross margin rose from €14,746 in 2022 to €19,711 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €210,000. Estimated: probably between €100,000 and €420,000.
Higher than 70% of 17,158 companies in 2025.
Higher than 52% of 16,582 companies in 2025.
Higher than 59% of 16,665 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
46,075 | 48,671 | 76,367 | 70,729 | |
21/28 |
20,938 | 27,235 | 41,668 | 49,479 | |
22/27 |
20,938 | 27,235 | 41,668 | 49,479 | |
23 |
20,263 | 22,326 | 26,553 | 29,881 | |
24 |
675 | 955 | 10,616 | 14,552 | |
26 |
- | 3,954 | 4,500 | 5,046 | |
29/58 |
25,137 | 21,436 | 34,699 | 21,250 | |
3 |
664 | 2,985 | 3,985 | 3,400 | |
30/36 |
664 | 2,985 | 3,985 | 3,400 | |
40/41 |
3,855 | 1,970 | 8,139 | 5,373 | |
40 |
2,295 | 1,970 | 8,001 | 3,008 | |
41 |
1,559 | - | 138 | 2,365 | |
54/58 |
19,757 | 15,094 | 21,236 | 10,829 | |
490/1 |
861 | 1,388 | 1,339 | 1,648 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
46,075 | 48,671 | 76,367 | 70,729 | |
10/15 |
24,381 | 20,612 | 23,536 | 10,027 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | |
14 |
14,381 | 10,612 | 13,536 | 27 | |
17/49 |
21,694 | 28,059 | 52,831 | 60,702 | |
17 |
- | 10,408 | 23,191 | 32,014 | |
170/4 |
- | 10,408 | 23,191 | 32,014 | |
42/48 |
21,694 | 17,651 | 29,640 | 28,688 | |
42 |
10,408 | 10,988 | 9,691 | 10,260 | |
44 |
5,480 | 1,900 | 15,935 | 16,174 | |
440/4 |
5,480 | 1,900 | 15,935 | 16,174 | |
45 |
4,600 | 4,105 | 3,632 | 245 | |
450/3 |
600 | 4,105 | 3,632 | 245 | |
454/9 |
4,000 | - | - | - | |
47/48 |
1,206 | 657 | 382 | 2,009 | |
| Income statement | |||||
9900 |
19,711 | 14,997 | 42,324 | 14,746 | |
62 |
400 | - | - | - | |
630 |
4,389 | 5,053 | 10,036 | 5,352 | |
640/8 |
4,334 | 7,312 | 8,558 | 4,166 | |
66A |
3,954 | 1,381 | - | - | |
9901 |
6,634 | 1,251 | 23,730 | 5,228 | |
75/76B |
- | 0 | 27 | 1 | |
75 |
- | 0 | 27 | 1 | |
65/66B |
1,836 | 4,007 | 6,689 | 5,089 | |
65 |
1,836 | 4,007 | 6,689 | 5,089 | |
9903 |
4,798 | -2,756 | 17,068 | 139 | |
67/77 |
1,029 | 168 | 3,559 | 112 | |
9904 |
3,769 | -2,924 | 13,509 | 27 | |
9905 |
3,769 | -2,924 | 13,509 | 27 | |
| Appropriation of the result | |||||
9906 |
14,381 | 10,612 | 13,536 | 27 | |
14P |
10,612 | 13,536 | 27 | - | |
| Document | |||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00543697.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 11,023 | 6,304 | 33,766 | 10,580 | ||
| 8,158 | 2,129 | 23,545 | 5,379 | ||
| 2,046 | -9,381 | 2,225 | 54,832 | ||
| 4,664 | -6,142 | 10,407 | - | ||
| 3,443 | 3,785 | 5,059 | -7,438 | ||
| 52.9% | 42.3% | 30.8% | 14.2% | ||
| 1.16 | 1.21 | 1.17 | 0.74 | ||
| 1.13 | 1.05 | 1.04 | 0.62 | ||
| 0.89 | 1.36 | 2.24 | 6.05 | ||
| 15.5% | -14.2% | 57.4% | 0.3% | ||
| 8.2% | -6.0% | 17.7% | 0.0% | ||
| 6.00 | 1.57 | 5.05 | 2.08 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €2,046 | - | €2,225 | €54,832 |
| €4,389 | €5,053 | €10,036 | €5,352 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 5.3 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 57.7% to 47.1%. Equity is higher and debt is lower.
ATLAS EATS has no parent and no holdings in its annual accounts. ATLAS EATS shares no director with another company.
| SIPA
registered office since 29-10-2021 |
founded in 2021 0776.491.532 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 26 October 2021, ATLAS EATS was incorporated as a private limited company by one natural person, with a starting capital of €10,000.12 In 2026 the company took the name ATLAS EATS.3 The registered office was moved to Ghent in 2026.4 Today the board has 2 members.5 Total assets went from €70,729 in 2022 to €46,075 in 2025.6
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| DARI EETHUIS registered office Brugsesteenweg 166, 9000 Ghent 5611101 Full-service restaurants | 26-10-2021 | 2.323.880.072 | Restaurant |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44816K0465/00C002 | 117 m² | 1 · 87 m² | 13.3 m · 2 |
If something looks wrong or is missing, please tell us.