ATRIATECH
InactiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 28-07-2026 at the NBB all 48 filings
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
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
-€288,172
2025
20182025
Net result
-€377,276
2025
20182025
EBIT margin
no figure
2025
20182025
Equity
€477,791
▲ 104%
2025
20182025
Total assets
€3.0m
▲ 71.6%
2025
20182025
Debt
€2.5m
▲ 67.3%
2025
20182025
Working capital
-€367,174
2025
20182025
Staff (FTE)
51.9
▲ 6.1%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€1.5m€1.8m▲ 19.6%
Operating result-€0.1m-€0.2m-€0.07m€0.02m-€0.2m-€0.04m▲ 81.0%€0.05m-€0.3m
Net result-€0.2m-€0.2m-€0.04m€0.03m-€0.2m-€0.04m▲ 76.4%€0.02m-€0.4m
EBIT margin-4.3%1.1%▲ 5.4pp
Equity€0.3m-€0.4m▲ 67.3%€0.4m▼ 9.3%€0.4m▲ 6.7%€0.2m▼ 43.2%€0.2m▼ 17.9%€0.2m▲ 21.8%€0.5m▲ 104%
Total assets€0.8m-€1.1m▲ 45.9%€1.0m▼ 12.9%€1.0m▲ 9.2%€0.9m▼ 10.8%€0.9m▼ 2.2%€1.8m▲ 94.4%€3.0m▲ 71.6%
Debt€0.5m-€0.6m▲ 38.6%€0.5m▼ 14.9%€0.6m▲ 11.7%€0.7m▲ 11.2%€0.7m▲ 3.5%€1.5m▲ 116%€2.5m▲ 67.3%
Working capital€0.02m-€0.2m▲ 982%€0.1m▼ 25.9%€0.2m▲ 44.2%€0.01m▼ 91.5%-€292€0.4m-€0.4m
Staff (FTE)9.9-11▲ 11.1%12.5▲ 13.6%13.5▲ 8.0%12.3▼ 8.9%11.5▼ 6.5%48.9▲ 325%51.9▲ 6.1%
The operating result for 2025 is a loss of €288,172, after a profit of €48,828 in 2024. It is the lowest result since 2021.
Large changes and their cause
- 2023 Net result +76% on 2022. Absorption by Holding Leonard & Fils SRL, proposed with effect from 02-05-2023.
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.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 14 | 10 | 12 | 53 | 58 |
| full-time | 14 | 10 | 12 | 49 | 51 |
| part-time | 0 | 0 | - | 4 | 7 |
| in full-time equivalents | 14 | 10 | 12 | 52.1 | 55.8 |
| Average over the year, in full-time equivalents | 13.5 | 12.3 | 11.8 | 48.9 | 51.9 |
| On a permanent contract | 14 | 10 | 11 | 51 | 55 |
| Joined | 9 | 2 | 5 | 57 | 24 |
| Left | 6 | 6 | 3 | 16 | 19 |
| Agency workers, average number | 0 | - | - | - | - |
| Training hours | 940 | 24 | 136 | 484 | 8,143 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | €403,138 | €541,247 |
| Mortgages, amount registered | €300,000 | €300,000 | - | €25,000 | €25,000 |
| Mortgage mandates | - | - | - | €725,000 | €725,000 |
| Carrying value of the mortgaged assets | €244,432 | €223,471 | - | €186,418 | €810,000 |
| Pledge on the business | - | - | - | €330,000 | - |
| Guarantees given for others' debts | - | - | €0 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €12,022 | €13,107 | €4,213 | €88,318 | €317,124 |
| Intangible fixed assets | - | - | - | €136,282 | €8,811 |
| Financial fixed assets | - | - | €778 | €24,151 | €13,700 |
| Depreciation and write-downs of the year | €43,354 | €40,790 | €29,910 | €59,654 | €99,848 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €10,352 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €1.9m | - | - | - | - | - |
| Turnover70 | - | - | €1.5m | €1.8m | - | - | - | - | - |
| Other operating income74 | - | - | - | €0.06m | - | - | - | - | - |
| Operating charges60/66A | - | - | - | €1.9m | - | - | - | - | - |
| Goods for resale, raw materials and consumables60 | - | - | - | €0.8m | - | - | - | - | - |
| Purchases600/8 | - | - | - | €1.0m | - | - | - | - | - |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.1m | - | - | - | - | - |
| Services and other goods61 | - | - | - | €0.3m | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.8m | €0.7m | €0.8m | €2.7m | €2.9m | ▲ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.07m | €0.05m | €0.05m | €0.04m | €0.04m | €0.03m | €0.06m | €0.1m | ▲ 67.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€0.02m | €0.005m | -€0.04m | -€0.02m | -€0.005m | ▲ 76.5% |
| Other operating charges640/8 | - | - | - | €0.02m | €0.01m | €0.01m | €0.04m | €0.03m | ▼ 16.0% |
| Gross operating margin9900 | €0.6m | €0.7m | - | - | €0.6m | €0.8m | €2.8m | €2.7m | ▼ 3.4% |
| Operating profit (loss)9901 | -€0.1m | €0.2m | -€0.07m | €0.02m | -€0.2m | -€0.04m | €0.05m | -€0.3m | - |
| Financial income75/76B | - | - | - | €0.02m | €0.02m | €0.008m | €0.02m | €0.005m | ▼ 72.3% |
| Recurring financial income75 | €0.01m | €0.007m | €0.02m | €0.02m | €0.02m | €0.008m | €0.02m | €0.005m | ▼ 72.3% |
| Income from current assets751 | - | - | - | €0.003m | - | - | - | - | - |
| Other financial income752/9 | - | - | - | €0.02m | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.008m | €0.007m | €0.01m | €0.05m | €0.1m | ▲ 109% |
| Recurring financial charges65 | €0.009m | €0.01m | €0.01m | €0.008m | €0.007m | €0.01m | €0.05m | €0.1m | ▲ 109% |
| Debt charges650 | - | - | €0.006m | €0.006m | - | - | - | - | - |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €210 | - | - | - | - | - |
| Other financial charges652/9 | - | - | - | €0.002m | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€0.1m | €0.2m | -€0.06m | €0.03m | -€0.2m | -€0.04m | €0.02m | -€0.4m | - |
| Transfer from deferred taxes780 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Income taxes67/77 | €0.02m | €0.03m | -€0.01m | €0.006m | €478 | €495 | €0.003m | - | - |
| Taxes670/3 | - | - | - | €0.006m | - | - | - | - | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€0.2m | €0.2m | -€0.04m | €0.03m | -€0.2m | -€0.04m | €0.02m | -€0.4m | - |
| Transfer from tax-exempt reserves789 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) for the period to be appropriated9905 | -€0.2m | €0.2m | -€0.04m | €0.03m | -€0.2m | -€0.04m | €0.03m | -€0.4m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.8m | €1.1m | €1.0m | €1.0m | €0.9m | €0.9m | €1.8m | €3.0m | ▲ 71.6% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | €0.4m | €1.4m | ▲ 249% |
| Intangible fixed assets21 | - | €0.002m | €0.002m | €0.001m | €0.001m | €69 | €0.1m | €0.1m | ▼ 16.6% |
| Tangible fixed assets22/27 | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.3m | €1.3m | ▲ 381% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.8m | ▲ 335% |
| Plant, machinery and equipment23 | - | - | - | €0.008m | €0.005m | €0.002m | €0.03m | €0.2m | ▲ 559% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.02m | €0.01m | €0.05m | €0.05m | ▲ 8.1% |
| Leasing and similar rights25 | - | - | - | €0.004m | €0 | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | €0.001m | €491 | - | - | €0.2m | - |
| Assets under construction and advance payments27 | - | - | - | - | €0.001m | - | - | - | - |
| Financial fixed assets28 | €0.001m | €0.002m | €0.001m | €0.001m | €0.001m | €0.002m | €0.03m | €0.04m | ▲ 53.0% |
| Other financial fixed assets284/8 | - | - | - | €0.001m | - | - | - | - | - |
| Shares284 | - | - | - | €124 | - | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.001m | - | - | - | - | - |
| Current assets29/58 | €0.4m | €0.7m | €0.6m | €0.8m | €0.7m | €0.7m | €1.4m | €1.6m | ▲ 18.0% |
| Stocks and contracts in progress3 | €0.01m | €0.1m | €0.2m | €0.3m | €0.4m | €0.3m | €0.7m | €0.6m | ▼ 3.0% |
| Stocks30/36 | - | - | - | €0.3m | €0.4m | €0.3m | €0.7m | €0.6m | ▼ 3.0% |
| Goods purchased for resale34 | - | - | - | €0.3m | - | - | - | - | - |
| Contracts in progress37 | - | - | - | - | - | - | €0 | - | - |
| Amounts receivable within one year40/41 | €0.3m | €0.5m | €0.3m | €0.4m | €0.3m | €0.4m | €0.5m | €0.5m | ▲ 9.0% |
| Trade receivables40 | - | - | - | €0.3m | €0.2m | €0.3m | €0.5m | €0.5m | ▲ 13.1% |
| Other amounts receivable41 | - | - | - | €0.06m | €0.05m | €0.06m | €0.03m | €0.01m | ▼ 61.9% |
| Current investments50/53 | - | - | - | - | - | €0 | €0 | - | - |
| Cash at bank and in hand54/58 | €0.02m | €0.08m | €0.1m | €0.1m | €0.04m | €0.04m | €0.2m | €0.4m | ▲ 131% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.01m | €0.02m | €0.03m | €0.03m | ▼ 15.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.8m | €1.1m | €1.0m | €1.0m | €0.9m | €0.9m | €1.8m | €3.0m | ▲ 71.6% |
| Equity10/15 | €0.3m | €0.4m | €0.4m | €0.4m | €0.2m | €0.2m | €0.2m | €0.5m | ▲ 104% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Revaluation surpluses12 | - | - | - | - | - | €0 | - | €0.6m | - |
| Reserves13 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | €0.09m | €0.08m | ▼ 6.6% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €0.05m | €0.05m | €0.04m | €0.04m | €0.03m | ▼ 16.0% |
| Distributable reserves133 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | €0.08m | €0.3m | €0.2m | €0.2m | €0.07m | €0.04m | €0.06m | -€0.3m | - |
| Investment grants15 | - | - | - | - | - | €0 | €0.02m | - | - |
| Advance to shareholders on the distribution of net assets19 | - | - | - | - | - | €0 | - | - | - |
| Provisions and deferred taxes16 | €0.03m | €0.03m | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | ▼ 16.1% |
| Deferred taxes168 | - | - | - | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | ▼ 16.1% |
| Amounts payable17/49 | €0.5m | €0.6m | €0.5m | €0.6m | €0.7m | €0.7m | €1.5m | €2.5m | ▲ 67.3% |
| Amounts payable after more than one year17 | €0.1m | €0.06m | €0.01m | €0 | - | - | €0.5m | €0.6m | ▲ 16.8% |
| Financial debts170/4 | - | - | - | €0 | - | - | €0.5m | €0.6m | ▲ 16.8% |
| Leasing and similar obligations172 | - | - | - | €0 | - | - | - | - | - |
| Credit institutions173 | - | - | - | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.4m | €0.6m | €0.5m | €0.6m | €0.7m | €0.7m | €0.9m | €2.0m | ▲ 108% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.01m | €0 | €0 | €0.1m | €0.1m | ▲ 27.9% |
| Financial debts43 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | €0.3m | ▲ 45.4% |
| Credit institutions430/8 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | €0.3m | ▲ 45.4% |
| Trade debts44 | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | €0.3m | €0.6m | ▲ 62.9% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | €0.6m | ▲ 62.9% |
| Advances received on contracts in progress46 | - | - | - | €0.04m | €0.07m | €0.05m | €0.1m | €0.2m | ▲ 61.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.04m | €0.07m | €0.2m | €0.5m | ▲ 171% |
| Taxes450/3 | - | - | - | €0.02m | €0.01m | €0.02m | €0.01m | €0.03m | ▲ 137% |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.02m | €0.05m | €0.2m | €0.5m | ▲ 174% |
| Other amounts payable47/48 | - | - | - | €0 | - | €0 | - | €0.3m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.02m | €0.01m | €0.01m | €0.08m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.2m | €0.2m | -€0.04m | €0.03m | -€0.2m | -€0.04m | €0.02m | -€0.4m | - |
| + Depreciation and write-downs630 | €0.07m | €0.05m | €0.05m | €0.04m | €0.04m | €0.03m | €0.06m | €0.1m | ▲ 67.4% |
| Operating cash flow (approximation) | -€0.08m | €0.2m | €0.004m | €0.07m | -€0.1m | -€0.01m | €0.08m | -€0.3m | - |
| Investment in fixed assets (approximation) | - | -€0.02m | -€0.001m | -€0.01m | -€0.01m | -€0.004m | -€0.2m | -€1.1m | ▼ 351% |
| Change in cash | - | €0.06m | €0.07m | -€0.03m | -€0.07m | €0.006m | €0.1m | €0.2m | ▲ 77.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 48 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 28-07-2026 | 2026-00338863 | |
| 31-12-2024 | full format | 04-07-2025 | 2025-00234948 | |
| 31-12-2023 | full format | 01-07-2024 | 2024-00190827 | |
| 31-12-2022 | full format | 28-06-2023 | 2023-00171076 | |
| 31-12-2021 | full format | 15-06-2022 | 2022-20064249 | |
| 31-12-2020 | full format | 01-07-2021 | 2021-28800284 | |
| 31-12-2019 | full format | 14-08-2020 | 2020-41800271 | |
| 31-12-2018 | full format | 26-06-2019 | 2019-24200265 | |
| 31-12-2017 | full format | 02-08-2018 | 2018-43600402 | |
| 31-12-2016 | full format | 30-08-2017 | 2017-52000183 |