Atriatech
InactiveInactive since 24-07-2026; last annual accounts for fiscal year 2025. Dissolved without liquidation.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 2062 sector peers (2025).
NBB · sector comparisonPosition among 2062 sector peers
Solvency
better than 16%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
27 d early
2023
30 d early
2022
33 d early
2021
46 d early
2020
30 d early
2019
14 d late
← 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 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Installation of electric heating, air conditioning, cooling and ventilation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€1.8m▲ 19.6%
2020 · €1.5m
EBIT margin
1.1%▲ 5.4pp
2020 · -4.3%
Net result
-€377,276
2024 · €20,819
Working capital
-€367,174
2024 · €410,077
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€1.8m▲ 19.6%
Operating result€20,160-€190,600-€36,227▲ 81.0%€48,828-€288,172
Net result€25,859-€178,583-€42,113▲ 76.4%€20,819-€377,276
EBIT margin1.1%▲ 5.4pp
Equity€413,362▲ 6.7%€234,779▼ 43.2%€192,666▼ 17.9%€234,572▲ 21.8%€477,791▲ 104%
Total assets€1.0m▲ 9.2%€928,992▼ 10.8%€908,888▼ 2.2%€1.8m▲ 94.4%€3.0m▲ 71.6%
Debt€610,007▲ 11.7%€678,435▲ 11.2%€702,368▲ 3.5%€1.5m▲ 116%€2.5m▲ 67.3%
Working capital€173,936▲ 44.2%€14,845▼ 91.5%-€292€410,077-€367,174
Staff (FTE)13.5▲ 8.0%12.3▼ 8.9%11.5▼ 6.5%48.9▲ 325%51.9▲ 6.1%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €288,172 after €48,828 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.0m
Fixed assets
€1.4m ▲ 249%
Current assets
€1.6m ▲ 18.0%
Equity and liabilities €3.0m
Equity
€477,791 ▲ 104%
Provisions
€10,005 ▼ 16.1%
Debt
€2.5m ▲ 67.3%
Debt's share of the balance-sheet total falls from 86.0% to 83.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€188,324▼
2024 · €108,482
Cash flow
-€277,428▼
2024 · €80,473
Current ratio
0.81▼
2024 · 1.43
Quick ratio
0.49▼
2024 · 0.73
Debt to equity
5.32▼
2024 · 6.48
ROE
-79.0%▼
2024 · 8.9%
ROA
-12.4%▼
2024 · 1.2%
Interest coverage
-1.96▼
2024 · 2.36
Debt ≤ 1 year
€2.0m▲
2024 · €946,639
Debt > 1 year
€575,239▲
2024 · €492,563
Staff costs
€2.9m▲
2024 · €2.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €1.9m | - | - | - | - | - |
| Turnover70 | €1.8m | - | - | - | - | - |
| Other operating income74 | €61,224 | - | - | - | - | - |
| Operating charges60/66A | €1.9m | - | - | - | - | - |
| Goods for resale, raw materials and consumables60 | €813,523 | - | - | - | - | - |
| Purchases600/8 | €951,330 | - | - | - | - | - |
| Change in stocks: decrease (increase)609 | -€137,807 | - | - | - | - | - |
| Services and other goods61 | €251,328 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €780,510 | €719,337 | €803,999 | €2.7m | €2.9m | ▲ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43,354 | €40,790 | €29,910 | €59,654 | €99,848 | ▲ 67.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€19,877 | €5,405 | -€41,039 | -€23,200 | -€5,461 | ▲ 76.5% |
| Other operating charges640/8 | €16,995 | €10,886 | €13,492 | €41,402 | €34,767 | ▼ 16.0% |
| Gross operating margin9900 | - | €585,817 | €770,136 | €2.8m | €2.7m | ▼ 3.4% |
| Operating profit (loss)9901 | €20,160 | -€190,600 | -€36,227 | €48,828 | -€288,172 | ▼ 690% |
| Financial income75/76B | €18,724 | €17,661 | €7,571 | €18,860 | €5,225 | ▼ 72.3% |
| Recurring financial income75 | €18,724 | €17,661 | €7,571 | €18,860 | €5,225 | ▼ 72.3% |
| Income from current assets751 | €3,405 | - | - | - | - | - |
| Other financial income752/9 | €15,319 | - | - | - | - | - |
| Financial charges65/66B | €8,464 | €7,090 | €14,886 | €46,049 | €96,253 | ▲ 109% |
| Recurring financial charges65 | €8,464 | €7,090 | €14,886 | €46,049 | €96,253 | ▲ 109% |
| Debt charges650 | €6,222 | - | - | - | - | - |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | €210 | - | - | - | - | - |
| Other financial charges652/9 | €2,032 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €30,421 | -€180,029 | -€43,542 | €21,639 | -€379,200 | ▼ 1,852% |
| Transfer from deferred taxes780 | €1,924 | €1,924 | €1,924 | €1,924 | €1,924 | = |
| Income taxes67/77 | €6,485 | €478 | €495 | €2,744 | - | - |
| Taxes670/3 | €6,485 | - | - | - | - | - |
| Tax adjustments and reversals of tax provisions77 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | €25,859 | -€178,583 | -€42,113 | €20,819 | -€377,276 | ▼ 1,912% |
| Transfer from tax-exempt reserves789 | €5,772 | €5,772 | €5,772 | €5,772 | €5,772 | = |
| Profit (loss) for the period to be appropriated9905 | €31,632 | -€172,810 | -€36,341 | €26,591 | -€371,504 | ▼ 1,497% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €928,992 | €908,888 | €1.8m | €3.0m | ▲ 71.6% |
| Fixed assets21/28 | €274,723 | €247,040 | €221,629 | €410,121 | €1.4m | ▲ 249% |
| Intangible fixed assets21 | €1,399 | €734 | €69 | €115,543 | €96,340 | ▼ 16.6% |
| Tangible fixed assets22/27 | €272,510 | €245,492 | €219,969 | €268,860 | €1.3m | ▲ 381% |
| Land and buildings22 | €244,432 | €223,471 | €207,696 | €186,418 | €810,000 | ▲ 335% |
| Plant, machinery and equipment23 | €8,347 | €5,188 | €2,396 | €33,252 | €219,199 | ▲ 559% |
| Furniture and vehicles24 | €14,996 | €15,043 | €9,876 | €49,190 | €53,152 | ▲ 8.1% |
| Leasing and similar rights25 | €4,134 | €0 | - | - | - | - |
| Other tangible fixed assets26 | €600 | €491 | - | - | €212,180 | - |
| Assets under construction and advance payments27 | - | €1,300 | - | - | - | - |
| Financial fixed assets28 | €814 | €814 | €1,592 | €25,718 | €39,338 | ▲ 53.0% |
| Other financial fixed assets284/8 | €814 | - | - | - | - | - |
| Shares284 | €124 | - | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | €690 | - | - | - | - | - |
| Current assets29/58 | €766,348 | €681,951 | €687,258 | €1.4m | €1.6m | ▲ 18.0% |
| Stocks and contracts in progress3 | €287,847 | €367,559 | €251,813 | €663,973 | €643,989 | ▼ 3.0% |
| Stocks30/36 | €287,847 | €367,559 | €251,813 | €663,973 | €643,989 | ▼ 3.0% |
| Goods purchased for resale34 | €287,847 | - | - | - | - | - |
| Contracts in progress37 | - | - | - | €0 | - | - |
| Amounts receivable within one year40/41 | €353,658 | €265,103 | €375,902 | €491,712 | €536,004 | ▲ 9.0% |
| Trade receivables40 | €297,963 | €210,358 | €320,279 | €465,065 | €525,857 | ▲ 13.1% |
| Other amounts receivable41 | €55,695 | €54,745 | €55,622 | €26,647 | €10,147 | ▼ 61.9% |
| Current investments50/53 | - | - | €0 | €0 | - | - |
| Cash at bank and in hand54/58 | €111,888 | €38,451 | €44,151 | €170,859 | €395,450 | ▲ 131% |
| Deferred charges and accrued income490/1 | €12,956 | €10,838 | €15,392 | €30,172 | €25,373 | ▼ 15.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €928,992 | €908,888 | €1.8m | €3.0m | ▲ 71.6% |
| Equity10/15 | €413,362 | €234,779 | €192,666 | €234,572 | €477,791 | ▲ 104% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Revaluation surpluses12 | - | - | €0 | - | €641,583 | - |
| Reserves13 | €105,406 | €99,634 | €93,861 | €88,089 | €82,316 | ▼ 6.6% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | €53,451 | €47,679 | €41,907 | €36,134 | €30,362 | ▼ 16.0% |
| Distributable reserves133 | €45,755 | €45,755 | €45,755 | €45,755 | €45,754 | = |
| Profit (loss) carried forward14 | €245,956 | €73,146 | €36,805 | €63,396 | -€308,108 | ▼ 586% |
| Investment grants15 | - | - | €0 | €21,087 | - | - |
| Advance to shareholders on the distribution of net assets19 | - | - | €0 | - | - | - |
| Provisions and deferred taxes16 | €17,702 | €15,778 | €13,854 | €11,930 | €10,005 | ▼ 16.1% |
| Deferred taxes168 | €17,702 | €15,778 | €13,854 | €11,930 | €10,005 | ▼ 16.1% |
| Amounts payable17/49 | €610,007 | €678,435 | €702,368 | €1.5m | €2.5m | ▲ 67.3% |
| Amounts payable after more than one year17 | €0 | - | - | €492,563 | €575,239 | ▲ 16.8% |
| Financial debts170/4 | €0 | - | - | €492,563 | €575,239 | ▲ 16.8% |
| Leasing and similar obligations172 | €0 | - | - | - | - | - |
| Credit institutions173 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €592,412 | €667,106 | €687,550 | €946,639 | €2.0m | ▲ 108% |
| Current portion of amounts payable after more than one year42 | €9,850 | €0 | €0 | €96,289 | €123,151 | ▲ 27.9% |
| Financial debts43 | €325,000 | €325,000 | €325,000 | €213,135 | €309,911 | ▲ 45.4% |
| Credit institutions430/8 | €325,000 | €325,000 | €325,000 | €213,135 | €309,911 | ▲ 45.4% |
| Trade debts44 | €166,579 | €230,561 | €242,101 | €346,913 | €565,069 | ▲ 62.9% |
| Suppliers440/4 | €166,579 | €230,561 | €242,101 | €346,913 | €565,069 | ▲ 62.9% |
| Advances received on contracts in progress46 | €40,000 | €74,531 | €50,933 | €106,396 | €172,003 | ▲ 61.7% |
| Taxes, remuneration and social security45 | €50,983 | €37,014 | €69,516 | €183,906 | €499,179 | ▲ 171% |
| Taxes450/3 | €19,544 | €13,031 | €17,427 | €12,157 | €28,799 | ▲ 137% |
| Remuneration and social security454/9 | €31,438 | €23,983 | €52,088 | €171,749 | €470,380 | ▲ 174% |
| Other amounts payable47/48 | €0 | - | €0 | - | €298,677 | - |
| Accrued charges and deferred income492/3 | €17,595 | €11,329 | €14,818 | €81,133 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,859 | -€178,583 | -€42,113 | €20,819 | -€377,276 | ▼ 1,912% |
| + Depreciation and write-downs630 | €43,354 | €40,790 | €29,910 | €59,654 | €99,848 | ▲ 67.4% |
| Operating cash flow (approximation) | €69,214 | -€137,793 | -€12,203 | €80,473 | -€277,428 | ▼ 445% |
| Investment in fixed assets (approximation) | - | -€13,107 | -€4,499 | -€248,146 | -€1.1m | ▼ 351% |
| Change in cash | - | -€73,436 | €5,700 | €126,708 | €224,591 | ▲ 77.3% |
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
17-08
State Gazette act
Restructuring · End & cessationMerger · Dissolution · Share cancellation19 facts ▸
State Gazette act
Restructuring · End & cessation
Merger · Dissolution · Share cancellation19 facts ▸
- General meeting, 01-07-2026
- Other statement, obtenue gratuitement, prise de connaissance du projet de fusion
- Other statement, obtenue gratuitement sur simple demande, documents consultés
- Other statement, lecture du projet de fusion, copie conservée au dossier du notaire, exemplaire original conservé par la Société
- Other statement, approbation de l'absence d'état comptable intermédiaire, accord à l'unanimité
- Merger, fusion par absorption, opération assimilée à une fusion par absorption
- Dissolution, dissolution sans liquidation, adoption d'une décision identique par l'assemblée générale ou le conseil d'administration de la Société absorbante
- Share cancellation, annulation des actions, registre des actions détruit par les soins de l'organe d'administration de la Société absorbante
- Other statement, approbation des comptes annuels, article 12:50, alinéa 2, 2°, du Code des sociétés et des associations
- Other statement, 01-07-2026
- Other statement, actions privilégiées
- Other statement, avantages particuliers, article 12:57 du Code des sociétés et des associations
- +7 further facts in this act
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€377,276
Net result drops to -€377,276, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €20,819
Net result €20,819 after 2 loss-making years.
31-12
Financial
Equity above €200,000Eq €234,572 ▲21.8%
Equity rises from €192,666 to €234,572.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €25,859
Net result €25,859 after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 14 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €167,713
Net result €167,713 after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 18 acts read
About the unread acts
Of the 18 Belgian State Gazette acts we know for this company, 1 has been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
18 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Spa
Ground area
2,628 m²
Building footprint
482 m²
Volume, LiDAR
2,245 m³
Parcel 63072E0520/00G000, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63072E0520/00G000 | Wallonia | 2,628 m² | 1 · 482 m² | 6.5 m · 2 fl. |
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.
Articles of association
Accounting effect
01-01-2026
Other statement
6 provisions in the deed
Structure & network
Owners and holdings
1 ownerChain of control
- INSAVER SUD
- HOLDING LEONARD & FILS
- Atriatech
Highest known parent: INSAVER SUD. The sources do not say who stands above it.
Owners 1
-
99.88%
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.
Acquisitions and mergers
1 transactionTaken over by:SENEC SA
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 17-08-2026 ↗
- SENEC SA all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
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Identification & contact
Identification
Legal formPublic limited company
Founded30-12-1977
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0418024567
Also
9925:BE0418024567
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.