Turnover
≈ €120,000 estimated
The micro format states no turnover.
MV ATELJEE
Lifetime
8 annual accounts with figures on one time axispeak €32,260 (2020)
€12,081▲ €15,708
lowest -€9,000 (2022)
€4,322▲ €11,969
peak €27,950 (2021)
€23,036▲ 23.1%
€9,185▼ 57.7%
Board2 names since 2017
2 directorsMERTENS Christophe and 1 other
Documentsfilings and deeds
26-03-2026127 days before the deadline
2025micro format
Gross margin from -€3,627 to €12,081Back to profit: €4,322Equity from €18,714 to €23,036Debts from €21,702 to €9,185Cash from €10,225 to €15,977
Key points
from the 2025 annual accountsChecked score
72
Healthy
Financially stronger than 76% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.2%▼ -0.1 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.6%▲ +0.3 percentage points vs 07-2025
09-2025: 0.8%▲ +0.2 percentage points vs 08-2025
10-2025: 1.0%▲ +0.2 percentage points vs 09-2025highest value
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 0.9%▼ -0.1 percentage points vs 01-2026
03-2026: 1.0%▲ +0.1 percentage points vs 02-2026
04-2026: 0.7%▼ -0.3 percentage points vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.6%▼ -0.1 percentage points vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Size: total assets €32,221
1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 2.54, cash €15,977
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 77% of them on solvency, 86% on liquidity, 69% on profitability and 70% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as MV ATELJEE has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MV ATELJEE itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for MV ATELJEE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.54 (1.65 in 2024), above the usual 1.5. Short-term debt is 28.5% and cash 49.6% of total assets. 28.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 26-03-2026, 127 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
127 days early
2024
39 days late
2023
on the day
2022
4 days early
2021
2 days early
2020
8 days early
2019
115 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 31 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 41 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Hemiksem to Niel
New registered office: Albertstraat 19 2845 Niel · Previous registered office: Valkenisseweg 19, 2620 Hemiksem · Resignation: Bert Vangeel (director) · General meeting of 08-01-2026 · Gazette deed
Changes of role: VANGEEL Bert Feliciene Hubert (director) and MERTENS Christophe (director)
Director discharge: VANGEEL Bert Feliciene Hubert · Director discharge: MERTENS Christophe · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0669973654
Incorporation
published on 27-01-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MV ATELJEE Niel | €32,221 | €12,081 | 71.5% | - |
| IRenovator Antwerp | €30,116 | €13,106 | 77.4% | - |
| PAINT AND MORE Antwerp | €29,061 | €12,913 | 91.4% | - |
| Atelier Heymans Brecht | €47,815 | €12,764 | -29.7% | - |
| 't Huys Finesse Koekelare | €28,352 | €11,910 | 85.2% | - |
| G4 COLOR Floreffe | €28,012 | €16,694 | -62.5% | - |
| DECO RAP SCHILDER- EN DECORATIEWERKEN Leopoldsburg | €38,785 | €14,179 | 92.9% | - |
These companies have the same main activity as MV ATELJEE: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €28,000 and €47,800, founded between 2014 and 2019.
Official details
Source: KBO- Status
- Active since 25-01-2017Normal situation
- Activity
- Painting of buildingsNACE 43341and 3 others
- Establishment unit
- 2.262.592.4052845 Niel, since 25-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- €32,221▼ 20.3%
- Filing
- Filed on 26-03-2026, 127 days before the end of the filing period
Insights on MV ATELJEE
MV ATELJEE files the micro format. That format states no turnover. The gross margin rose from €10,839 in 2018 to €12,081 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MV ATELJEE
- What is the company number of MV ATELJEE?
- The company number of MV ATELJEE is 0669.973.654. The VAT number is the same number with BE in front: BE 0669.973.654.
- Where is MV ATELJEE based?
- The registered office is at Albertstraat 19, 2845 Niel.Company details
- What does MV ATELJEE do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of MV ATELJEE?
- MV ATELJEE is a private limited company (BV).
- When was MV ATELJEE founded?
- MV ATELJEE was founded on 25-01-2017.
- Is MV ATELJEE still active?
- Yes, MV ATELJEE is an active enterprise in the KBO register.
- What is the turnover of MV ATELJEE?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €12,081 and 159 comparable companies (NACE 433). It probably lies between €71,000 and €250,000. It is a rough estimate.Financials
- Is MV ATELJEE profitable?
- In financial year 2025, MV ATELJEE made a profit of €4,322.
- Where can I find the annual accounts of MV ATELJEE?
- MV ATELJEE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MV ATELJEE due?
- MV ATELJEE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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