L'ATELIER DE LA SOURCE
ActiveSummary
L'ATELIER DE LA SOURCE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-7k) and a net result of €-11k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 14% of 3539 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency4▼-27
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.76 against 1.02 in 2023; short-term debt: 120.9% and cash: 65.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-20.9%
Return on assets
-30.7%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
30 d late
2022
31 d early
2021
21 d early
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-7k
2023 · €3k
2018: €-57k
2019: €-68k
2020: €-51k
2021: €-58k
2022: €-52k
2023: €3k
2018 → 2024
Total assets
€35k▼ 39.8%
2023 · €58k
2018: €47k
2019: €24k
2020: €43k
2021: €24k
2022: €22k
2023: €58k
2018 → 2024
Net result
€-11k
2023 · €25k
2018: €-8k
2019: €-11k
2020: €17k
2021: €-7k
2022: €6k
2023: €25k
2018 → 2024
Working capital
€-10k
2023 · €1k
2018: €-75k
2019: €-79k
2020: €-56k
2021: €-61k
2022: €-26k
2023: €1k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-51k-€-58k▼ 12.9%€-52k▲ 10.3%€3k€-7k
Operating result€18k-€-5k€10k€27k▲ 168%€-10k
Net result€17k-€-7k€6k€25k▲ 324%€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €10k after €27k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €35k
Fixed assets
€3k ▼ 32.4%
Current assets
€32k ▼ 40.4%
Key figures and ratios
EBITDA
€-8k▼
2023 · €28k
Cash flow
€-9k▼
2023 · €27k
Solvency
-20.9%▼
2023 · 5.9%
Current ratio
0.76▼
2023 · 1.02
Quick ratio
0.55▼
2023 · 0.86
Debt to equity
-5.78▼
2023 · 16.06
ROA
-30.7%▼
2023 · 43.4%
Interest coverage
-7.64▼
2023 · 18.95
Debt
€42k▼
2023 · €54k
Debt ≤ 1 year
€42k▼
2023 · €52k
Staff costs
€10k▲
2023 · €10k
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 · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€58k€35k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€4k€3k▼
Financial fixed assets28€115€115=
Current assets29/58€54k€32k▼
Stocks and contracts in progress3€8k€9k▲
Stocks30/36€8k€9k▲
Amounts receivable within one year40/41€22k€422▼
Trade receivables40€21k-
Other amounts receivable41€773€422▼
Cash at bank and in hand54/58€24k€23k▼
Equity and liabilities
Total equity and liabilities10/49€58k€35k▼
Equity10/15€3k€-7k▼
Contributions10/11€49k€49k=
Profit (loss) carried forward14€-45k€-56k▼
Amounts payable17/49€54k€42k▼
Amounts payable within one year42/48€52k€42k▼
Trade debts44€17k€12k▼
Suppliers440/4€17k€12k▼
Taxes, remuneration and social security45€11k€3k▼
Taxes450/3€7k€3k▼
Remuneration and social security454/9€4k-
Other amounts payable47/48€25k€28k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Remuneration, social security and pensions62€10k€10k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€859€1k▲
Gross operating margin9900€40k€4k▼
Operating profit (loss)9901€27k€-10k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€25k€-11k▼
Profit (loss) for the period9904€25k€-11k▼
Profit (loss) for the period to be appropriated9905€25k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-45k€-56k▼
Profit (loss) brought forward from the previous period14P€-70k€-45k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €25k ▲324%
Operating result €27k, net result €25k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.02
Current ratio from 0.38 to 1.02.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
Show earlier events
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Rixensart · 1 establishment unit since 2012
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.
Avenue des Combattants 180A1332 RixensartGround area
205 m²
Building footprint
276 m²
Volume, LiDAR
2,143 m³
Parcel 25033B0493/00B000, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Avenue des Combattants 180, 1332 Rixensart
since 20122.209.285.955
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033B0493/00B000 | Wallonia | 205 m² | 1 · 276 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
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BE 1008.204.736
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BE 1011.126.515
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A.S.L.
BE 0448.577.290
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UC Management
BE 0644.822.940
Fontaine-l'Evêque · Eq €3,414
MASALETO
BE 0478.055.788
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Of 7,375 companies in sector 95311 we hold annual accounts for 2,959. 659 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-04-2012
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.