HATLAS
ActiveThe computed 12-month bankruptcy probability of HATLAS is 3.3% (moderate). The 2024 annual accounts show equity of €34k and a net result of €2k. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 26043 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-17
Solvency71▼-3
Growth68▼-17
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.96 against 0.96 in 2023; short-term debt: 46.3% and cash: 21% of total assets), and 54.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
45.6%
Return on assets
3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
30 d late
2022
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€162k▲ 93.2%
2022 · €84k
2022: €84k
2022 → 2023
EBIT margin
11.7%▼ 6.2pp
2022 · 17.9%
2022: 17.9%
2022 → 2023
Net result
€2k▼ 85.0%
2023 · €15k
2022: €12k
2023: €15k
2022 → 2024
Working capital
€-1k▼ 9.0%
2023 · €-1k
2022: €15k
2023: €-1k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€84k-€162k▲ 93.2%
Equity€17k-€31k▲ 86.8%€34k▲ 7.0%
Operating result€15k-€19k▲ 26.7%€4k▼ 79.5%
Net result€12k-€15k▲ 23.5%€2k▼ 85.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 79% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €74k
Fixed assets
€41k▲ 25.3%
Current assets
€33k▲ 2.5%
Equity and liabilities €74k
Equity
€34k▲ 7.0%
Debt
€40k▲ 20.7%
The debt ratio rises from 51.4% to 54.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▼
2023 · €21k
Cash flow
€7k▼
2023 · €17k
Solvency
45.6%▼
2023 · 48.6%
Current ratio
0.96▼
2023 · 0.96
Quick ratio
0.71▼
2023 · 0.92
Debt / equity
1.19▲
2023 · 1.06
ROE
6.5%▼
2023 · 46.5%
ROA
3.0%▼
2023 · 22.6%
Interest coverage
20.71▼
2023 · 51.51
Debt
€40k▲
2023 · €33k
Debt ≤ 1 year
€34k▲
2023 · €33k
Debt > 1 year
€6k
Income taxes
€1k▼
2023 · €4k
Staff costs
€27k▲
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€65k€74k▲
Fixed assets21/28€33k€41k▲
Intangible fixed assets21€6k€5k▼
Tangible fixed assets22/27€27k€36k▲
Furniture and vehicles24€27k€36k▲
Current assets29/58€32k€33k▲
Stocks and contracts in progress3€1k€9k▲
Stocks30/36€1k€9k▲
Amounts receivable within one year40/41€18k€9k▼
Trade receivables40€636€1k▲
Other amounts receivable41€17k€7k▼
Cash at bank and in hand54/58€13k€15k▲
Deferred charges and accrued income490/1-€80
Equity and liabilities
Total equity and liabilities10/49€65k€74k▲
Equity10/15€31k€34k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€26k€29k▲
Amounts payable17/49€33k€40k▲
Amounts payable after more than one year17-€6k
Other amounts payable178/9-€6k
Amounts payable within one year42/48€33k€34k▲
Current portion of amounts payable after more than one year42-€6k
Trade debts44€20k€19k▼
Suppliers440/4€20k€19k▼
Taxes, remuneration and social security45€10k€10k▲
Taxes450/3€7k€6k▼
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€4k-
Income statement
Code20232024
Turnover70€162k-
Goods, raw materials, services and sundry goods60/61€129k-
Remuneration, social security and pensions62€11k€27k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k▲
Other operating charges640/8€1k€3k▲
Non-recurring operating charges66A-€95
Gross operating margin9900€33k€39k▲
Operating profit (loss)9901€19k€4k▼
Financial charges65/66B€407€439▲
Recurring financial charges65€407€439▲
Profit (loss) for the period before taxes9903€19k€3k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€15k€2k▼
Profit (loss) for the period to be appropriated9905€15k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€29k▲
Profit (loss) brought forward from the previous period14P€12k€26k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Weakest financial yearnet €2k ▼85%
Net result drops to €2k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2022net €15k ▲23.5%
Operating result €19k, net result €15k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 2 establishment units since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Moulin 374020 LiègeGround area
259 m²
Building footprint
97 m²
Volume, LiDAR
1,161 m³
2 parcels, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
HATLAS
since 20222.329.497.659
HATLAS
since 20232.344.337.966
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62020A0508/00T000 | Wallonia | 135 m² | 1 · 40 m² | 12.6 m · 4 fl. |
| 62020A0478/00M003 | Wallonia | 124 m² | 1 · 57 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VICUNA MODE
BE 0545.897.588
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FASHIONSTORE by Mode Elles
BE 1006.006.004
Wezembeek-Oppem · Eq €34k
MARKOS
BE 0456.869.208
Vorselaar · Eq €33k
KADINCA
BE 0826.107.527
Gent · Eq €34k
2DRESS
BE 0835.859.886
Wijnegem · Eq €33k
Of 6,503 companies in sector 47716 we hold annual accounts for 2,440. 1,759 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2022
Fiscal year end31-12
Activities, NACEBEL
47553Retail trade
47593Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.