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LES ATELIERS DEVELOPMENT

Active
Private limited companyfounded 20179 years activeChaussée de Nivelles 121, 7181 Seneffe, BelgiumKBO/BCE: BE 0676.787.806
Summary

LES ATELIERS DEVELOPMENT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€230,868) and a net result of -€128,833. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 5,669 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Development of residential building projects
NACE 68121
#2 company by total assets in Seneffe, Real estate sector1 site
Size
€3.3mtotal assets 2025
Equity
-€230,868
Loss
-€128,833
Financial health
53 Fair Checked score 2025
Bankruptcy probability, 12 months
0.9%
Structure
Parent
THOMAS & PIRON HOLDING · 100%
Accounts 32 days early1 of 7 deeds read
Why 53Capped at 59: negative equity- Liquidity: current ratio 0.94- Negative equity -€230,868+ Size: total assets €3.3m+ Sector Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 8% of its sector peers (NACE 68, small)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 18-3
equity -6.9% of total assets
Liquidity 0=
short-term debt 106.9%
Profitability 28-9
return on assets -3.9%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,961 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.5%● unchanged vs 03-2025lowest value 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.4 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 1.0%▲ +0.1 percentage points vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.3 percentage points vs 07-2026 09-2026: 1.5%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.9%▼ -0.6 percentage points vs 09-2026
No credit on open account
Liquidity short (current ratio 0.94 against 0.96 in 2024; short-term debt: 106.9% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 8% on solvency, 0% on liquidity, 20% on profitability and 4% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.94
NBB · annual accounts
raises risk · Negative equity -€230,868
NBB · annual accounts
lowers risk · Size: total assets €3.3m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€230,868
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
32 days early
2024
42 days early
2023
49 days early
2022
54 days early
2021
53 days early
2020
31 days late
2019
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 13 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: MERNIER MANAGEMENT ET CONSTRUCTION (director)Permanent representatives: Bruno MERNIER and…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Weakest financial yearnet -€128,833

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€230,868 View
  • Risk: 8 loss-making years in a rowloss fiscal year 2025 -€128,833 View
  • Caution: Result fell in 2025from -€1,672 to -€128,833 ▼ 7,605% View
  • Caution: Among the weakest 9% on equitysector median €939,631 · 5,670 companies -€230,868 View
  • Controlled by THOMAS & PIRON HOLDINGultimately: SESVENNA INVESTMENT 100% View
  • A director leftlatest change 26-03-2026 · 0 in office 1 left View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€3.3m
Loss
-€128,833
Solvency
-6.9%
Total assets▲ 31.7%
Net result
20182025
Go to Financials

Timeline

Events
10
Since
2019
Next accounts
by 31-07-2027
  1. 19-06-2025Annual accounts filed
  2. 12-06-2024Annual accounts filed
  3. 07-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Development of residential building projectsNACE 68121
Founded
13-06-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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