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Het Levend Atelier

Active
Private limited companyfounded 199927 yrs activeKoninksemstraat 178, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0466.713.223

Het Levend Atelier has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 79% of 539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
89 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-10
Solvency97▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.17 against 4.45 in 2024; short-term debt: 26.2% and cash: 81.4% of total assets), and 27.6% 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.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
72.4%
Return on assets
13.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €46k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 10 filings
Deviation from the deadline
2025
13 d late
2024
28 d early
2023
21 d late
2022
28 d late
2021
59 d late
2020
26 d late
2019
10 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€46k▲ 23.3%
2024 · €38k
2018: €2k 2019: €-2k 2020: €6k 2021: €6k 2022: €-913 2023: €25k 2024: €38k
2018 → 2025
Total assets
€64k▲ 14.9%
2024 · €56k
2018: €8k 2019: €2k 2020: €9k 2021: €9k 2022: €17k 2023: €43k 2024: €56k
2018 → 2025
Net result
€9k▼ 29.1%
2024 · €12k
2018: €-9k 2019: €-4k 2020: €8k 2021: €544 2022: €-7k 2023: €26k 2024: €12k
2018 → 2025
Working capital
€36k▼ 11.2%
2024 · €41k
2018: €2k 2019: €-2k 2020: €4k 2021: €5k 2022: €-2k 2023: €30k 2024: €41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€6k-€-913€25k€38k▲ 48.8%€46k▲ 23.3%
Operating result€584-€-7k€27k€17k▼ 36.3%€11k▼ 33.6%
Net result€544-€-7k€26k€12k▼ 52.9%€9k▼ 29.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30kOperating result 2021: €584€584Net result 2021: €544€544Operating result 2022: €-7k€-7kNet result 2022: €-7k€-7kOperating result 2023: €27k€27kNet result 2023: €26k€26kOperating result 2024: €17k€17kNet result 2024: €12k€12kOperating result 2025: €11k€11kNet result 2025: €9k€9k20212022202320242025
The operating result has fallen two years in a row; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets €11k▲ 276%
Current assets €53k▲ 0.6%
Equity and liabilities €64k
Equity €46k▲ 23.3%
Debt €18k▼ 2.3%
The debt ratio falls from 32.5% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€16k
2024 · €21k
Cash flow
€13k
2024 · €16k
Solvency
72.4%
2024 · 67.5%
Current ratio
3.17
2024 · 4.45
Quick ratio
3.17
2024 · 4.45
Debt / equity
0.38
2024 · 0.48
ROE
18.9%
2024 · 32.8%
ROA
13.7%
2024 · 22.1%
Interest coverage
105.77
2024 · 246.34
Debt
€18k
2024 · €18k
Debt ≤ 1 year
€17k
2024 · €12k
Debt > 1 year
€100
2024 · €6k
Income taxes
€2k
2024 · €5k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€56k€64k
Fixed assets21/28€3k€11k
Tangible fixed assets22/27€3k€11k
Plant, machinery and equipment23€446€223
Furniture and vehicles24€2k€10k
Financial fixed assets28€250€250=
Current assets29/58€53k€53k
Amounts receivable within one year40/41€20k€1k
Trade receivables40€20k€1k
Other amounts receivable41€51-
Cash at bank and in hand54/58€30k€52k
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€56k€64k
Equity10/15€38k€46k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€17k€25k
Amounts payable17/49€18k€18k
Amounts payable after more than one year17€6k€100
Other amounts payable178/9€6k€100
Amounts payable within one year42/48€12k€17k
Financial debts43€2k-
Other loans439€2k-
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45€9k€13k
Taxes450/3€6k€7k
Remuneration and social security454/9€4k€6k
Other amounts payable47/48€771€2k
Accrued charges and deferred income492/3-€803
Income statement Code20242025
Non-recurring operating income76A-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k
Other operating charges640/8€512€453
Gross operating margin9900€21k€16k
Operating profit (loss)9901€17k€11k
Financial income75/76B€1€0
Recurring financial income75€1€0
Financial charges65/66B€84€147
Recurring financial charges65€84€147
Profit (loss) for the period before taxes9903€17k€11k
Income taxes67/77€5k€2k
Profit (loss) for the period9904€12k€9k
Profit (loss) for the period to be appropriated9905€12k€9k
Appropriation of the result
Profit (loss) to be appropriated9906€17k€25k
Profit (loss) brought forward from the previous period14P€4k€17k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
21-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial Back to profitnet €26k
Net result €26k after one loss-making year.
31-12
Financial Liquidity times 5current ratio 4.20
Current ratio from 0.85 to 4.20; short-term debt falls from €12k to €9k.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
28-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial Back to profitnet €8k
Net result €8k after 2 loss-making years.
31-12
Financial Liquidity times 5current ratio 2.43
Current ratio from 0.48 to 2.43; short-term debt falls from €4k to €3k.
10-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
2019
19-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 50 days late
2018
05-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 97 days late
2017
08-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 8 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, Tongeren-Borgloon · 1 establishment unit since 1999
establishment The establishment unit on the map
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.

Koninksemstraat 1783700 Tongeren-Borgloon
Ground area
983 m²
Building footprint
320 m²
Volume, LiDAR
812 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Koninksemstraat 245, 3700 Tongeren-Borgloon
Sawmilling and planing of wood
since 19992.092.275.449
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73039B0194/00W000 Flanders 536 m² 1 · 155 m² 8.6 m · 2 fl.
73039B0384/00W000 Flanders 446 m² 1 · 165 m² -
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

Of 1,600 companies in sector 16230 we hold annual accounts for 782. 553 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-08-1999
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
20300
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:brecht@hetlevendatelier.be
Enterprise