M'Atelier
ActiveSummary
The computed 12-month bankruptcy probability of M'Atelier is 2.2% (moderate). The 2025 annual accounts show equity of €74k and a net result of €21k. Equity is growing by ~37.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 27786 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-3
Solvency43▼-1
Growth78=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.72 in 2024; short-term debt: 15.1% and cash: 8% of total assets), and 82% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
18%
Return on assets
5.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 20%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
8 d early
2022
17 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▲ 1.6%
2024 · €73k
2022: €18k
2023: €46k
2024: €73k
2022 → 2025
Total assets
€412k▲ 6.1%
2024 · €388k
2022: €455k
2023: €382k
2024: €388k
2022 → 2025
Net result
€21k▼ 22.3%
2024 · €27k
2022: €4k
2023: €29k
2024: €27k
2022 → 2025
Working capital
€-2k
2024 · €21k
2022: €56k
2023: €-9k
2024: €21k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€18k-€46k▲ 159%€73k▲ 57.0%€74k▲ 1.6%
Operating result€6k-€34k▲ 443%€38k▲ 12.7%€31k▼ 20.1%
Net result€4k-€29k▲ 687%€27k▼ 6.7%€21k▼ 22.3%
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 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €412k
Fixed assets
€351k ▲ 3.7%
Current assets
€61k ▲ 23.0%
Equity and liabilities €412k
Equity
€74k ▲ 1.6%
Debt
€338k ▲ 7.2%
Debt's share of the balance-sheet total rises from 81.3% to 82.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▼
2024 · €53k
Cash flow
€37k▼
2024 · €42k
Current ratio
0.98▼
2024 · 1.72
Quick ratio
0.60▼
2024 · 1.72
Debt to equity
4.57▲
2024 · 4.33
ROE
28.7%▼
2024 · 37.5%
ROA
5.1%▼
2024 · 7.0%
Interest coverage
10.03▼
2024 · 11.39
Debt ≤ 1 year
€62k▲
2024 · €29k
Debt > 1 year
€275k▼
2024 · €285k
Income taxes
€5k▼
2024 · €7k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€388k€412k▲
Fixed assets21/28€339k€351k▲
Tangible fixed assets22/27€339k€351k▲
Land and buildings22€334k€348k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€952€556▼
Current assets29/58€49k€61k▲
Stocks and contracts in progress3-€23k
Stocks30/36-€23k
Amounts receivable within one year40/41€8k€2k▼
Trade receivables40€8k€2k▼
Other amounts receivable41€0€3▲
Cash at bank and in hand54/58€40k€33k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€388k€412k▲
Equity10/15€73k€74k▲
Contributions10/11€15k€15k=
Reserves13€58k€59k▲
Distributable reserves133€58k€59k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€315k€338k▲
Amounts payable after more than one year17€285k€275k▼
Financial debts170/4€278k€267k▼
Other amounts payable178/9€8k€8k=
Amounts payable within one year42/48€29k€62k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€1k€30k▲
Suppliers440/4€1k€30k▲
Taxes, remuneration and social security45€10k€17k▲
Taxes450/3€8k€9k▲
Remuneration and social security454/9€1k€8k▲
Other amounts payable47/48€7k€5k▼
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€54k€48k▼
Operating profit (loss)9901€38k€31k▼
Financial income75/76B€541€483▼
Recurring financial income75€541€483▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€34k€27k▼
Income taxes67/77€7k€5k▼
Profit (loss) for the period9904€27k€21k▼
Profit (loss) for the period to be appropriated9905€27k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€21k▼
Transfer from equity791/2-€20k
Transfer to equity691/2€26k€21k▼
To other reserves6921€26k€21k▼
Profit to be distributed694/7€859€20k▲
Return on contributions (dividend)694€859€20k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.72
Current ratio from 0.80 to 1.72; short-term debt falls from €47k to €29k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €29k ▲687%
Net result €29k, the highest in the series.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 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, Kluisbergen · 1 establishment unit 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.
Oudenaardebaan 89690 KluisbergenGround area
1,834 m²
Building footprint
175 m²
Volume, LiDAR
988 m³
Parcel 45002A0758/02T000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
M'Atelier
since 20222.329.182.410
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45002A0758/02T000 | Flanders | 1,834 m² | 1 · 175 m² | 8.9 m · 2 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.
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Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,647 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
Founded18-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.