Summary
ATVM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €11,133 and a net result of €9,813. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 11% of 6,631 sector peers (NACE 64, fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Financials · fiscal year 2025, abbreviated schema
Equity
€11,133=
2024 · €11,133
Net result
€9,813▼ 22.6%
2024 · €12,682
Total assets
€140,531▲ 11.1%
2024 · €126,448
Solvency
7.9%▼ 0.9pp
2024 · 8.8%
Trend over the years
2021 to 2025, 5 fiscal years
The operating result falls in 2025; 2025 is 17% below 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result€16,157
2025
Net result€9,813
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€140,531
2025
Equity€11,133
2025
Debt€129,398
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€71,036
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)7.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency7.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.26
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11,282-€4,230▼ 62.5%€7,382▲ 74.5%€19,566▲ 165%€16,157▼ 17.4%
Net result€5,929within the sector's middle half-€1,337below the sector's middle half▼ 77.5%€4,300within the sector's middle half▲ 222%€12,682within the sector's middle half▲ 195%€9,813within the sector's middle half▼ 22.6%
Equity€7,129below the sector's middle half-€7,666below the sector's middle half▲ 7.5%€11,133below the sector's middle half▲ 45.2%€11,133below the sector's middle half=€11,133below the sector's middle half=
Total assets€208,234within the sector's middle half-€115,615below the sector's middle half▼ 44.5%€143,973within the sector's middle half▲ 24.5%€126,448within the sector's middle half▼ 12.2%€140,531below the sector's middle half▲ 11.1%
Debt€201,105-€107,949▼ 46.3%€132,840▲ 23.1%€115,315▼ 13.2%€129,398▲ 12.2%
Working capital-€106,151below the sector's middle half--€34,555below the sector's middle half▲ 67.4%-€57,154below the sector's middle half▼ 65.4%-€48,060below the sector's middle half▲ 15.9%-€71,036within the sector's middle half▼ 47.8%
Solvency3.4%below the sector's middle half-6.6%below the sector's middle half▲ 3.2pp7.7%below the sector's middle half▲ 1.1pp8.8%below the sector's middle half▲ 1.1pp7.9%below the sector's middle half▼ 0.9pp
Current ratio0.23below the sector's middle half-0.61below the sector's middle half▲ 0.370.42below the sector's middle half▼ 0.190.46below the sector's middle half▲ 0.040.26below the sector's middle half▼ 0.20
Return on assets (ROA)2.8%within the sector's middle half-1.2%below the sector's middle half▼ 1.7pp3.0%within the sector's middle half▲ 1.8pp10.0%within the sector's middle half▲ 7.0pp7.0%within the sector's middle half▼ 3.0pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140,531
Fixed assets
€116,107 ▲ 36.0%
Current assets
€24,424 ▼ 40.5%
Equity and liabilities €140,531
Equity
€11,133 =
Debt
€129,398 ▲ 12.2%
Debt's share of the balance-sheet total rises from 91.2% to 92.1%. Debt is higher.
Key figures and ratios
ROE
88.1%▼
2024 · 113.9%
Debt ≤ 1 year
€95,460▲
2024 · €89,109
Debt > 1 year
€33,938▲
2024 · €26,206
Income taxes
€2,542▼
2024 · €3,385
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3,400 | €23,108 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €66,710 | €36,591 | €40,645 | €25,847 | €28,425 | ▲ 10.0% |
| Other operating charges640/8 | €2,413 | €1,571 | €1,356 | €1,025 | €1,470 | ▲ 43.4% |
| Non-recurring operating charges66A | - | - | - | €115 | €0 | ▼ 100% |
| Gross operating margin9900 | €80,405 | €42,393 | €49,384 | €46,553 | €46,052 | ▼ 1.1% |
| Operating profit (loss)9901 | €11,282 | €4,230 | €7,382 | €19,566 | €16,157 | ▼ 17.4% |
| Financial income75/76B | €0 | - | - | - | €1 | - |
| Recurring financial income75 | €0 | - | - | - | €1 | - |
| Financial charges65/66B | €3,089 | €1,990 | €1,458 | €3,498 | €3,804 | ▲ 8.8% |
| Recurring financial charges65 | €3,089 | €1,990 | €1,458 | €3,498 | €3,804 | ▲ 8.8% |
| Profit (loss) for the period before taxes9903 | €8,193 | €2,240 | €5,925 | €16,068 | €12,354 | ▼ 23.1% |
| Income taxes67/77 | €2,264 | €904 | €1,624 | €3,385 | €2,542 | ▼ 24.9% |
| Profit (loss) for the period9904 | €5,929 | €1,337 | €4,300 | €12,682 | €9,813 | ▼ 22.6% |
| Profit (loss) for the period to be appropriated9905 | €5,929 | €1,337 | €4,300 | €12,682 | €9,813 | ▼ 22.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €208,234 | €115,615 | €143,973 | €126,448 | €140,531 | ▲ 11.1% |
| Fixed assets21/28 | €176,122 | €62,639 | €103,121 | €85,399 | €116,107 | ▲ 36.0% |
| Intangible fixed assets21 | €42,192 | €22,192 | €2,192 | €0 | - | - |
| Tangible fixed assets22/27 | €133,430 | €39,947 | €100,430 | €84,899 | €115,607 | ▲ 36.2% |
| Plant, machinery and equipment23 | €26,664 | €8,187 | €8,579 | €13,394 | €8,783 | ▼ 34.4% |
| Furniture and vehicles24 | €106,766 | €31,760 | €91,851 | €71,505 | €103,128 | ▲ 44.2% |
| Other tangible fixed assets26 | - | - | - | - | €3,696 | - |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €32,112 | €52,976 | €40,851 | €41,049 | €24,424 | ▼ 40.5% |
| Amounts receivable within one year40/41 | €20,887 | €22,094 | €15,062 | €10,637 | €6,819 | ▼ 35.9% |
| Trade receivables40 | €13,151 | €11,066 | €6,230 | €176 | €2,305 | ▲ 1,211% |
| Other amounts receivable41 | €7,736 | €11,028 | €8,832 | €10,461 | €4,513 | ▼ 56.9% |
| Cash at bank and in hand54/58 | €10,350 | €30,507 | €25,569 | €27,412 | €14,606 | ▼ 46.7% |
| Deferred charges and accrued income490/1 | €875 | €375 | €220 | €3,000 | €3,000 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €208,234 | €115,615 | €143,973 | €126,448 | €140,531 | ▲ 11.1% |
| Equity10/15 | €7,129 | €7,666 | €11,133 | €11,133 | €11,133 | = |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €5,129 | €5,666 | €9,133 | €9,133 | €9,133 | = |
| Distributable reserves133 | €5,129 | €5,666 | €9,133 | €9,133 | €9,133 | = |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €201,105 | €107,949 | €132,840 | €115,315 | €129,398 | ▲ 12.2% |
| Amounts payable after more than one year17 | €58,339 | €18,903 | €34,834 | €26,206 | €33,938 | ▲ 29.5% |
| Financial debts170/4 | €51,905 | €18,903 | €34,834 | €26,206 | €33,938 | ▲ 29.5% |
| Trade debts175 | €6,434 | - | - | - | - | - |
| Amounts payable within one year42/48 | €138,263 | €87,531 | €98,006 | €89,109 | €95,460 | ▲ 7.1% |
| Current portion of amounts payable after more than one year42 | €71,020 | €33,002 | €27,089 | €8,628 | €22,301 | ▲ 158% |
| Financial debts43 | €2,500 | €2,419 | €2,239 | €3,181 | €0 | ▼ 100% |
| Credit institutions430/8 | €2,500 | €2,419 | €2,239 | €3,181 | €0 | ▼ 100% |
| Trade debts44 | €24,633 | €2,236 | €3,109 | €1,135 | €5,124 | ▲ 351% |
| Suppliers440/4 | €24,633 | €2,236 | €3,109 | €1,135 | €5,124 | ▲ 351% |
| Taxes, remuneration and social security45 | €2,510 | - | €8,990 | €1,500 | €2,972 | ▲ 98.1% |
| Taxes450/3 | €1,056 | - | €2,240 | €0 | €1,472 | - |
| Remuneration and social security454/9 | €1,453 | - | €6,750 | €1,500 | €1,500 | = |
| Other amounts payable47/48 | €37,600 | €49,874 | €56,579 | €74,665 | €65,063 | ▼ 12.9% |
| Accrued charges and deferred income492/3 | €4,503 | €1,515 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,929 | €1,337 | €4,300 | €12,682 | €9,813 | ▼ 22.6% |
| + Depreciation and write-downs630 | €66,710 | €36,591 | €40,645 | €25,847 | €28,425 | ▲ 10.0% |
| Operating cash flow (approximation) | €72,640 | €37,928 | €44,945 | €38,529 | €38,238 | ▼ 0.8% |
| Investment in fixed assets (approximation) | - | €76,892 | -€81,127 | -€8,125 | -€59,133 | ▼ 628% |
| Change in cash | - | €20,157 | -€4,938 | €1,842 | -€12,806 | ▼ 795% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
SLEURS INVEST
BE 0833.312.548
Hamont-Achel · Eq €11,056
Claes T. Invest
BE 0652.765.161
Mol · Eq €11,214
CEES ZEVENBERGEN BEHEER
BE 0896.511.810
Essen · Eq €11,051
LDP Management & Consulting
BE 0772.630.338
Zwevegem · Eq €11,046
DHEEDENE Marc
BE 0893.023.174
Gavere · Eq €11,030
Of 24,717 companies in this sector we hold annual accounts for 20,201. 5,661 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2024 · 1 entry · €173 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | €0 | €173 |