Equity
€72,905 ▲ 87.1%
ATMACA has made a profit in every financial year since 2023.
ATMACA
Overview
Lifetime
3 annual accounts with figures on one time axispeak €52,010 (2025)
€52,010▲ 136%
peak €33,948 (2025)
€33,948▲ 133%
peak €72,905 (2025)
€72,905▲ 87.1%
€18,167▲ 3.1%
Board1 name since 2022
1 directorATMACA Mehdi Muhammed
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €22,079 to €52,010Result from €14,582 to €33,948Equity from €38,957 to €72,905Cash from €2,035 to €18,824
Key points
from the 2025 annual accountsTurnover
≈ €200,000 estimated
The micro format states no turnover.
Liquidity
3.49 was 1.34 in 2024
Short-term debts rose from €17,614 to €18,167.
Filings
3 annual accounts 3 late
The 2024 accounts came latest: 60 days after the end of the period.
Starting capital
€10,000 100 shares
Position in the sector
80.1%
Higher solvency than 85% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
Checked score
72
Healthy
Financially stronger than 85% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024lowest value
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 1.0%▲ +0.4 percentage points vs 07-2025
09-2025: 1.1%▲ +0.1 percentage points vs 08-2025
10-2025: 1.9%▲ +0.8 percentage points vs 09-2025
11-2025: 3.4%▲ +1.5 percentage points vs 10-2025
12-2025: 3.4%● unchanged vs 11-2025
01-2026: 3.3%▼ -0.1 percentage points vs 12-2025
02-2026: 3.3%● unchanged vs 01-2026
03-2026: 3.3%● unchanged vs 02-2026
04-2026: 3.4%▲ +0.1 percentage points vs 03-2026
05-2026: 3.0%▼ -0.4 percentage points vs 04-2026
06-2026: 3.1%▲ +0.1 percentage points vs 05-2026
07-2026: 3.1%● unchanged vs 06-2026
08-2026: 3.7%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 0.7%▼ -3.0 percentage points vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €91,072
Last filed accounts filed 27 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 3.49, cash €18,824
Equity €72,905 (80.1% of total assets)
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 43, micro). It does better than 90% of them on solvency, 68% on liquidity, 92% on profitability and 90% 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 low class on 30-06-2025, 0.8% 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, 39,278 companies had the same profile as ATMACA has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ATMACA itself: 0.7% 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 39,278 companies, not a prediction for ATMACA. 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
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.49 (1.34 in 2024), above the usual 1.5. Short-term debt is 19.9% and cash 20.7% of total assets. 19.9% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 3 filingsDeviation from the deadline
2025
27 days late
2024
60 days late
2023
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 39 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 31 August (3 of the last 3 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
Recent changes
Incorporation
Founding capital of €10,000, 100 shares · Founder: ATMACA Mehdi Muhammed · Appointment: ATMACA Mehdi Muhammed (director) · published on 15-09-2022 · Gazette deed
First establishment
e-hawk, Lambert Queteletstraat 1, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ATMACA Ghent | €91,072 | €52,010 | 80.1% | - |
| TUNCA Ghent | €83,558 | €58,625 | 81.4% | - |
| DE COEN ROBIN Sint-Gillis-Waas | €99,709 | €47,834 | 63.4% | - |
| MI WORKS Lokeren | €87,256 | €58,332 | 31.0% | - |
| TXC 3D Construct Beveren-Kruibeke-Zwijndrecht | €81,609 | €50,554 | 28.8% | - |
| Renovelta BV Destelbergen | €92,621 | €43,785 | 47.1% | - |
| IC Solutions Deinze | €98,394 | €45,078 | 59.8% | - |
These companies have the same main activity as ATMACA: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €81,600 and €99,700, founded in 2022.
Official details
Source: KBO- Status
- Active since 13-09-2022Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.335.395.8539000 Ghent, since 13-09-2022
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €52,010▲ 136%
- €33,948▲ 133%
- €72,905▲ 87.1%
- €91,072▲ 61.0%
- Filing
- Filed on 27-08-2026
Insights on ATMACA
ATMACA files the micro format. That format states no turnover. The gross margin rose from €21,361 in 2023 to €52,010 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 27-08-2026, 27 days late€52,010
▲ 136%
€44,436
▲ 120%
€33,948
▲ 133%
€45,315
▲ 652%
80.1%
▲ 11.2 percentage points
3.49
▲ 2.15
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 ≈ €200,000. Estimated: probably between €120,000 and €320,000.
Balance sheet
balance sheet total €91,072 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
80.1%
Higher than 85% of 35,136 companies in 2025.
3.49
Higher than 76% of 34,510 companies in 2025.
37.3%
Higher than 91% of 34,711 companies in 2025.
ATMACA
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
91,072 | 56,571 | 31,572 | |
21/28 |
27,590 | 32,931 | 4,303 | |
22/27 |
25,153 | 29,931 | 1,303 | |
24 |
25,153 | 29,931 | 1,303 | |
28 |
2,438 | 3,000 | 3,000 | |
29/58 |
63,482 | 23,640 | 27,269 | |
40/41 |
40,261 | 21,605 | 8,964 | |
40 |
11,889 | 12,906 | 7,836 | |
41 |
28,372 | 8,699 | 1,127 | |
54/58 |
18,824 | 2,035 | 17,415 | |
490/1 |
4,397 | - | 890 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
91,072 | 56,571 | 31,572 | |
10/15 |
72,905 | 38,957 | 24,376 | |
10/11 |
10,000 | 10,000 | 10,000 | |
13 |
62,905 | 28,957 | 14,376 | |
133 |
62,905 | 28,957 | 14,376 | |
17/49 |
18,167 | 17,614 | 7,196 | |
42/48 |
18,167 | 17,614 | 7,196 | |
44 |
7,730 | 3,152 | - | |
440/4 |
7,730 | 3,152 | - | |
45 |
10,437 | 13,388 | 5,867 | |
450/3 |
10,437 | 11,126 | 5,465 | |
454/9 |
- | 2,262 | 402 | |
47/48 |
- | 1,074 | 1,330 | |
| Income statement | ||||
9900 |
52,010 | 22,079 | 21,361 | |
60/61 |
- | 57,790 | 61,523 | |
630 |
6,430 | 1,686 | 1,128 | |
640/8 |
285 | 181 | 202 | |
66A |
860 | - | - | |
9901 |
44,436 | 20,213 | 20,032 | |
75/76B |
117 | 0 | 1 | |
75 |
117 | 0 | 1 | |
65/66B |
111 | 70 | 193 | |
65 |
111 | 70 | 193 | |
9903 |
44,443 | 20,143 | 19,840 | |
67/77 |
10,495 | 5,562 | 5,465 | |
9904 |
33,948 | 14,582 | 14,376 | |
9905 |
33,948 | 14,582 | 14,376 | |
| Appropriation of the result | ||||
9906 |
33,948 | 14,582 | 14,376 | |
691/2 |
33,948 | 14,582 | 14,376 | |
6921 |
33,948 | 14,582 | 14,376 | |
| Document | ||||
The notes to these accounts have 10 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 27-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00433468.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 50,866 | 21,898 | 21,160 | ||
| 40,377 | 16,267 | 15,503 | ||
| 4,948 | 30,314 | 5,431 | ||
| 16,789 | -15,380 | - | ||
| 45,315 | 6,026 | 20,073 | ||
| 80.1% | 68.9% | 77.2% | ||
| 3.49 | 1.34 | 3.79 | ||
| 0.25 | 0.45 | 0.30 | ||
| 46.6% | 37.4% | 59.0% | ||
| 37.3% | 25.8% | 45.5% | ||
| over 100 | over 100 | over 100 | ||
| - | 20 days | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €2,511 | €30,314 | €2,431 |
| Financial fixed assets | €2,438 | - | €3,000 |
| €6,430 | €1,686 | €1,128 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on ATMACA
The operating result for 2025 is 120% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 31.1% to 19.9%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 15-09-2022
term without a fixed end
listed in the 2025 annual accounts, filed on 27-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 15-09-2022
Mandates through the years
1 name, the dashed line is todayATMACA Mehdi Muhammed
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- ATMACA Mehdi Muhammed
- Director (not named in the articles), appointed by deed of 15-09-2022, still in office
Control
Capital
- Contribution
- €10,000
- Shares
- 100
- Contribution per share
- €100
- Equity per share
- €729 in 2025
- Source
- deed of 15-09-2022
Articles of association
deed of 15-09-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of June at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 15-09-2022 ↗
- ATMACA Mehdi Muhammed 100 shares (100%) · €10,000
Network & group
No group
ATMACA has no parent and no holdings in its annual accounts. ATMACA Mehdi Muhammed is the only director. ATMACA shares no director with another company.
At the same address
Lambert Queteletstraat 1, 9000 Ghent · 1 other company| Atmaca, Aleyna (sole trader)
establishment since 01-07-2023 |
founded in 2023 0798.105.607 |
Timeline
Timeline
7 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 27 days late
2025
Highest result from 2023 to 2025 net €33,948 ▲133% The operating result of €44,436 and the net result of €33,948 are both a record.
Liquidity more than doubled current ratio 3.49 The current ratio rises from 1.34 to 3.49.
Annual accounts 2024 filed PDFmicro format · 60 days late
2024
Annual accounts 2023 filed PDFmicro format · 30 days late
2022
IncorporationFounding capital of €10,000, 100 shares · Founder: ATMACA Mehdi Muhammed · Appointment: ATMACA Mehdi Muhammed (director) · published on 15-09-20226 points ▸
- Founder, ATMACA Mehdi Muhammed
- Power of attorney, DOGAN Havadudu
- Founding capital, €10,000, 100 shares
- Registered office clause, Lambert Queteletstraat 1, 9000 Gent
- Board rule, 1
- Director appointment, ATMACA Mehdi Muhammed (director (not named in the articles))
- The deed holds 7 more points.
First establishment e-hawk, Lambert Queteletstraat 1, Ghent
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 13 September 2022, ATMACA was incorporated as a private limited company by one natural person, with a starting capital of €10,000.12 ATMACA Mehdi Muhammed is director of the company, appointed by deed of 15-09-2022.2 Total assets went from €31,572 in 2023 to €91,072 in 2025.3
Company details
Identity
- Enterprise number
- 0790.730.736
- VAT number
- BE 0790.730.736
- Peppol ID
- 0208:0790730736
- Other Peppol ID
- 9925:BE0790730736
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 13-09-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Monday of June at 20:00deed of 15-09-2022 (in Dutch)
- Website
- e-hawk.be
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ATMACA in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 15-09-2022 (in Dutch)
Activities
NACEBEL 202543211
General electrical installation work main activity
Codes under NACEBEL 2008
43211
Specialised construction activities main activity
43222
Specialised construction activities
43299
Specialised construction activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het slopen van gebouwen en andere bouwwerken; Het ruimen van bouwterreinen; Het grondverzet; Het proefboren en boren; Algemene…”deed of 15-09-2022 (in Dutch)
45 activities
- Het slopen van gebouwen en andere bouwwerken
- Het ruimen van bouwterreinen
- Het grondverzet
- Het proefboren en boren
- Algemene bouwonderneming
- Het optrekken van de ruwbouw van gebouwen en de structuur van civieltechnische werken,inclusief het gieten van gewapend beton en het uitvoeren van metselwerken
- De algemene coördinatie van de werkzaamheden op de bouwwerf
- Het bouwen van individuele huizen
- Het optrekken van andere residentiële gebouwen en van kantoorgebouwen
- Het optrekken van gebouwen voor industrieel of commercieel gebruik of voor landbouwdoeleinden
- De dakbedekking en bouw van dakconstructies
- De gespecialiseerde bouwwerkzaamheden ten behoeve van diverse bouwwerken,waarvoor specifieke ervaring of een speciale uitrusting nodig is
- De elektrische installatie in gebouwen en andere bouwwerken
- Isolatiewerkzaamheden
- De installatie van verwarming,klimaatregeling en ventilatie
- De installatie in gebouwen en andere bouwwerken van waterleidingen,artikelen en apparaten voor sanitair gebruik,sprinklerinstallaties,gasaansluitingen en leidingen voor diverse gassen
- De overige bouwinstallatie
- Het stukadoors-,plafonneer-,cementeer- en alle andere pleisterwerk,het schrijnwerk van hout of van kunstwerk
- Het metaalschrijnwerk
- Het plaatsen van vloer- en wandtegels en mozaïek
- Het plaatsen van alle andere wand- en vloerbekledingen,inbegrepen van hout of andere materialen
- Het plaatsen van behang
- Het schilderen
- Het glaszetten
- De overige werkzaamheden in verband met afwerking van gebouwen
- In en uitvoer,plaatsen van ramen en deuren,Dakwerken,dakdekking
- Het bouwen,herstellen en onderhouden van wegen
- Grondwerken
- Het optrekken van gebouwen,fabrieksschouwen,nijverheidsovens en andere soortgelijke werken
- Het bouwen van stellingen
- Het invoegen en reinigen van gevels
- Het uitvoeren van diverse land- en tuinbouwwerken en van werken in verband met de veeteelt voor rekening van derden
- Het optrekken van niet-metalen uiteenneembare paviljoenen en barakken
- Het steenhouwen
- Het bewerken,polijsten en plaatsen van marmer voor gebouwen
- Het vervaardigen en plaatsen van sierschouwen of andere versieringen van marmer of steen
- Het plaatsen van ramen,deuren en algemene schrijnwerkerij
- Het reinigen en ontsmetten van woongelegenheden,lokalen,meubels,stoffering en allerhande voorwerpen
- Het schoorsteenvegen
- Het aanleggen van speelpleinen,sportvelden,parken en tuinen
- Het snijden en snoeien van bomen
- Het plaatsen van keukens en timmerwerk
- Transport,vervoer van goederen in ruime zin
- Schoonmaak;industrieel schoonmaak,schoonmaak in ruime zin
- Installatie van digitale meters
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| e-hawk registered office Lambert Queteletstraat 1, 9000 Ghent | 13-09-2022 | 2.335.395.853 |
Buildings and parcels at the address
- Ground area
- 50 m²
- Buildings
- 50 m²
- Volume, LiDAR
- 389 m³
- Tallest building
- 13.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44021A1822/00S004 | 50 m² | 1 · 50 m² | 13.9 m · 3 |
Recognitions
Recognised contractor
2 categoriesATMACA BVapproval number 42401
- C2 Water supply and laying all kinds of pipesclass 1, up to €162,000
- P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 1, up to €162,000
Contact
E-mail
info@e-hawk.be
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0790.730.736