IMMO-ATELIER
ActiveSummary
IMMO-ATELIER has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €47k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+82
Solvency28▲+12
Growth85▲+30
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.84 against 0.78 in 2024; short-term debt: 35.5% and cash: 18.1% of total assets), and 97.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.8%
Return on assets
10.8%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 11389 sector peers (2025).
NBB · sector comparisonPosition among 11389 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
26 d early
2023
29 d late
2022
5 d late
2021
36 d early
2020
8 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€91k▲ 11.1%
2019 · €81k
2018: €55klowest in 3 years
2019: €81k▲ +47.0% vs 2018
2020: €91k▲ +11.1% vs 2019highest in 3 years
2018 → 2020
EBIT margin
4.2%▼ 1.5pp
2019 · 5.8%
2018: 2.7%lowest in 3 years
2019: 5.8%▲ +114% vs 2018highest in 3 years
2020: 4.2%▼ -26.6% vs 2019
2018 → 2020
Net result
€47k
2024 · €-98k
2018: €893
2019: €3k▲ +230% vs 2018
2020: €3k▼ -2.5% vs 2019
2021: €21k▲ +635% vs 2020
2022: €44k▲ +108% vs 2021
2023: €7k▼ -85.1% vs 2022
2024: €-98k▼ -1590% vs 2023lowest in 8 years
2025: €47k▲ +148% vs 2024highest in 8 years
2018 → 2025
Working capital
€-25k▲ 22.7%
2024 · €-32k
2018: €-5k
2019: €-9k▼ -99.3% vs 2018
2020: €-6k▲ +33.2% vs 2019
2021: €6k▲ +198% vs 2020
2022: €-123k▼ -2151% vs 2021lowest in 8 years
2023: €70k▲ +157% vs 2022highest in 8 years
2024: €-32k▼ -146% vs 2023
2025: €-25k▲ +22.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€56k▲ 337%€63k▲ 11.7%€-35k€12k
2021: €13k
2022: €56k▲ +337% vs 2021
2023: €63k▲ +11.7% vs 2022highest in 5 years
2024: €-35k▼ -156% vs 2023lowest in 5 years
2025: €12k▲ +134% vs 2024
Operating result€28k-€51k▲ 83.7%€17k▼ 67.6%€-90k€62k
2021: €28k
2022: €51k▲ +83.7% vs 2021
2023: €17k▼ -67.6% vs 2022
2024: €-90k▼ -646% vs 2023lowest in 5 years
2025: €62k▲ +168% vs 2024highest in 5 years
Net result€21k-€44k▲ 108%€7k▼ 85.1%€-98k€47k
2021: €21k
2022: €44k▲ +108% vs 2021
2023: €7k▼ -85.1% vs 2022
2024: €-98k▼ -1590% vs 2023lowest in 5 years
2025: €47k▲ +148% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €62k after a loss of €90k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €437k
Fixed assets
€307k ▲ 8.4%
Current assets
€130k ▲ 11.9%
Equity and liabilities €437k
Equity
€12k
Debt
€425k
Debt finances 97.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€96k▲
2024 · €-66k
Cash flow
€81k▲
2024 · €-73k
Current ratio
0.84▲
2024 · 0.78
Debt to equity
35.24▲
2024 · -12.34
ROE
392.1%
ROA
10.8%▲
2024 · -24.5%
Interest coverage
10.15▲
2024 · -9.05
Debt ≤ 1 year
€155k▲
2024 · €149k
Debt > 1 year
€269k▼
2024 · €275k
Income taxes
€5k▲
2024 · €274
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€399k€437k▲
Fixed assets21/28€283k€307k▲
Tangible fixed assets22/27€283k€307k▲
Land and buildings22€179k€193k▲
Plant, machinery and equipment23€99k€89k▼
Furniture and vehicles24€4k€24k▲
Current assets29/58€116k€130k▲
Amounts receivable within one year40/41€59k€50k▼
Trade receivables40€59k€50k▼
Cash at bank and in hand54/58€37k€79k▲
Deferred charges and accrued income490/1€20k€738▼
Equity and liabilities
Total equity and liabilities10/49€399k€437k▲
Equity10/15€-35k€12k▲
Contributions10/11€8k€8k=
Outside capital11€8k€8k=
Other1109/19€8k€8k=
Reserves13€54k€102k▲
Distributable reserves133€54k€102k▲
Profit (loss) carried forward14€-98k€-98k=
Amounts payable17/49€435k€425k▼
Amounts payable after more than one year17€275k€269k▼
Financial debts170/4€275k€269k▼
Amounts payable within one year42/48€149k€155k▲
Current portion of amounts payable after more than one year42€16k€23k▲
Trade debts44€88k€95k▲
Suppliers440/4€88k€95k▲
Taxes, remuneration and social security45€11k€20k▲
Taxes450/3€574€15k▲
Remuneration and social security454/9€10k€5k▼
Other amounts payable47/48€34k€17k▼
Accrued charges and deferred income492/3€11k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€895-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€34k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€-63k€98k▲
Operating profit (loss)9901€-90k€62k▲
Financial income75/76B€223€45▼
Recurring financial income75€223€45▼
Financial charges65/66B€7k€9k▲
Recurring financial charges65€7k€9k▲
Profit (loss) for the period before taxes9903€-97k€52k▲
Income taxes67/77€274€5k▲
Profit (loss) for the period9904€-98k€47k▲
Profit (loss) for the period to be appropriated9905€-98k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-98k€-50k▲
Profit (loss) brought forward from the previous period14P-€-98k
Transfer to equity691/2-€47k
To other reserves6921-€47k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €895 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €26k | €18k | €24k | €34k | ▲ 40.4% |
| Other operating charges640/8 | - | €1k | €1k | €3k | €2k | ▼ 28.0% |
| Gross operating margin9900 | €32k | €78k | €35k | €-63k | €98k | ▲ 254% |
| Operating profit (loss)9901 | €28k | €51k | €17k | €-90k | €62k | ▲ 168% |
| Financial income75/76B | - | €0 | €17 | €223 | €45 | ▼ 79.9% |
| Recurring financial income75 | - | €0 | €17 | €223 | €45 | ▼ 79.9% |
| Financial charges65/66B | - | €551 | €7k | €7k | €9k | ▲ 29.3% |
| Recurring financial charges65 | €98 | €551 | €7k | €7k | €9k | ▲ 29.3% |
| Profit (loss) for the period before taxes9903 | €28k | €50k | €10k | €-97k | €52k | ▲ 154% |
| Income taxes67/77 | €7k | €7k | €3k | €274 | €5k | ▲ 1,722% |
| Profit (loss) for the period9904 | €21k | €44k | €7k | €-98k | €47k | ▲ 148% |
| Profit (loss) for the period to be appropriated9905 | €21k | €44k | €7k | €-98k | €47k | ▲ 148% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €43k | €267k | €504k | €399k | €437k | ▲ 9.4% |
| Fixed assets21/28 | €7k | €185k | €256k | €283k | €307k | ▲ 8.4% |
| Tangible fixed assets22/27 | €7k | €185k | €256k | €283k | €307k | ▲ 8.4% |
| Land and buildings22 | - | €178k | €185k | €179k | €193k | ▲ 7.7% |
| Plant, machinery and equipment23 | - | €7k | €66k | €99k | €89k | ▼ 10.0% |
| Furniture and vehicles24 | - | - | €5k | €4k | €24k | ▲ 446% |
| Current assets29/58 | €35k | €82k | €248k | €116k | €130k | ▲ 11.9% |
| Amounts receivable within one year40/41 | €18k | €9k | €118k | €59k | €50k | ▼ 15.0% |
| Trade receivables40 | - | €9k | €118k | €59k | €50k | ▼ 15.0% |
| Cash at bank and in hand54/58 | €16k | €71k | €129k | €37k | €79k | ▲ 113% |
| Deferred charges and accrued income490/1 | - | €1k | €1k | €20k | €738 | ▼ 96.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €43k | €267k | €504k | €399k | €437k | ▲ 9.4% |
| Equity10/15 | €13k | €56k | €63k | €-35k | €12k | ▲ 134% |
| Contributions10/11 | - | €8k | €8k | €8k | €8k | = |
| Outside capital11 | - | €8k | €8k | €8k | €8k | = |
| Other1109/19 | - | €8k | €8k | €8k | €8k | = |
| Reserves13 | €8k | €48k | €54k | €54k | €102k | ▲ 86.8% |
| Distributable reserves133 | - | €48k | €54k | €54k | €102k | ▲ 86.8% |
| Profit (loss) carried forward14 | €-2k | - | - | €-98k | €-98k | = |
| Amounts payable17/49 | €30k | €211k | €441k | €435k | €425k | ▼ 2.2% |
| Amounts payable after more than one year17 | - | - | €261k | €275k | €269k | ▼ 2.2% |
| Financial debts170/4 | - | - | €261k | €275k | €269k | ▼ 2.2% |
| Amounts payable within one year42/48 | €29k | €205k | €178k | €149k | €155k | ▲ 4.4% |
| Current portion of amounts payable after more than one year42 | - | - | €16k | €16k | €23k | ▲ 46.7% |
| Trade debts44 | €5k | €174k | €123k | €88k | €95k | ▲ 8.2% |
| Suppliers440/4 | - | €174k | €123k | €88k | €95k | ▲ 8.2% |
| Taxes, remuneration and social security45 | - | €17k | €16k | €11k | €20k | ▲ 83.4% |
| Taxes450/3 | - | €13k | €16k | €574 | €15k | ▲ 2,458% |
| Remuneration and social security454/9 | - | €4k | - | €10k | €5k | ▼ 49.8% |
| Other amounts payable47/48 | - | €14k | €22k | €34k | €17k | ▼ 50.4% |
| Accrued charges and deferred income492/3 | - | €7k | €3k | €11k | €1k | ▼ 89.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €44k | €7k | €-98k | €47k | ▲ 148% |
| + Depreciation and write-downs630 | €4k | €26k | €18k | €24k | €34k | ▲ 40.4% |
| Operating cash flow (approximation) | €25k | €70k | €24k | €-73k | €81k | ▲ 211% |
| Investment in fixed assets (approximation) | - | €-204k | €-89k | €-51k | €-58k | ▼ 13.2% |
| Change in cash | - | €55k | €57k | €-91k | €42k | ▲ 146% |
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
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-98k
Net result drops to €-98k, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-09
Financial
Liquidity triplescurrent ratio 1.39
Current ratio from 0.40 to 1.39; short-term debt falls from €205k to €178k.
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 5 days late
2022
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Gent · 1 establishment unit since 2004
Ground area
128 m²
Building footprint
140 m²
Volume, LiDAR
1,236 m³
Parcel 44802B1623/00B000, Flanders · tallest building 16.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
IMMO-ATELIER
since 20042.146.073.827
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44802B1623/00B000 | Flanders | 128 m² | 1 · 140 m² | 16.2 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 854 EUR awarded · 854 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 854 EUR | 854 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,571. 1,398 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-12-2004
Fiscal year end30-09
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46180Agents specialised in the wholesale of other particular products
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
Scores and ratios are computed by Checked and are not a credit decision.