NOËL ATELIERS
ActiveNOËL ATELIERS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210k and a net result of €45k. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 48% of 1893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+2
Solvency69▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 3.9 against 1.59 in 2024; short-term debt: 25.4% and cash: 67.9% of total assets), but 56.5% of the assets are financed with debt.
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
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
43.5%
Return on assets
9.3%
Age of the figures
12 mo
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 05-02-2026, 84 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
84 d early
2024
28 d late
2023
on the day
2022
31 d late
2021
17 d late
2020
on the day
2019
3 d late
← before the deadline
after the deadline →
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
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€210k▲ 27.3%
2024 · €165k
2018: €69k
2019: €63k
2020: €81k
2021: €86k
2022: €30k
2023: €130k
2024: €165k
2018 → 2025
Total assets
€482k▲ 7.4%
2024 · €449k
2018: €398k
2019: €359k
2020: €368k
2021: €352k
2022: €339k
2023: €518k
2024: €449k
2018 → 2025
Net result
€45k▲ 29.5%
2024 · €35k
2018: €29k
2019: €-6k
2020: €18k
2021: €4k
2022: €16k
2023: €100k
2024: €35k
2018 → 2025
Working capital
€355k▲ 115%
2024 · €165k
2018: €36k
2019: €54k
2020: €78k
2021: €75k
2022: €24k
2023: €127k
2024: €165k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€86k-€30k▼ 65.0%€130k▲ 333%€165k▲ 26.8%€210k▲ 27.3%
Operating result€6k-€17k▲ 194%€152k▲ 814%€48k▼ 68.4%€75k▲ 56.5%
Net result€4k-€16k▲ 248%€100k▲ 544%€35k▼ 65.2%€45k▲ 29.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 56% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €482k
Fixed assets
€5k▲ 13.2%
Current assets
€477k▲ 7.4%
Equity and liabilities €482k
Equity
€210k▲ 27.3%
Provisions
€0▼ 100%
Debt
€272k▼ 2.6%
The debt ratio falls from 62.3% to 56.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78k▲
2024 · €51k
Cash flow
€48k▲
2024 · €38k
Solvency
43.5%▲
2024 · 36.7%
Current ratio
3.90▲
2024 · 1.59
Quick ratio
3.71▲
2024 · 1.47
Debt / equity
1.30▼
2024 · 1.70
ROE
21.5%▲
2024 · 21.1%
ROA
9.3%▲
2024 · 7.7%
Interest coverage
8.51▼
2024 · 69.69
Debt
€272k▼
2024 · €280k
Debt ≤ 1 year
€122k▼
2024 · €280k
Debt > 1 year
€150k
Income taxes
€21k▲
2024 · €13k
Staff costs
€449▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€449k€482k▲
Fixed assets21/28€4k€5k▲
Tangible fixed assets22/27€4k€5k▲
Plant, machinery and equipment23-€4k
Furniture and vehicles24€4k€1k▼
Current assets29/58€444k€477k▲
Stocks and contracts in progress3€33k€23k▼
Stocks30/36€33k€23k▼
Amounts receivable within one year40/41€159k€126k▼
Trade receivables40€151k€124k▼
Other amounts receivable41€9k€2k▼
Cash at bank and in hand54/58€250k€327k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€449k€482k▲
Equity10/15€165k€210k▲
Contributions10/11€30k€30k=
Capital10-€30k
Issued capital100-€30k
Reserves13€100k€140k▲
Distributable reserves133€100k€140k▲
Profit (loss) carried forward14€35k€40k▲
Provisions and deferred taxes16€4k-
Provisions for liabilities and charges160/5€4k-
Environmental obligations163€4k-
Amounts payable17/49€280k€272k▼
Amounts payable after more than one year17-€150k
Other amounts payable178/9-€150k
Amounts payable within one year42/48€280k€122k▼
Trade debts44€27k€23k▼
Suppliers440/4€27k€23k▼
Advances received on contracts in progress46€4k€4k=
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48€246k€92k▼
Income statement
Code20242025
Remuneration, social security and pensions62€17k€449▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-4k
Other operating charges640/8€137€3k▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€68k€86k▲
Operating profit (loss)9901€48k€75k▲
Financial income75/76B€2€1▼
Recurring financial income75€2€1▼
Financial charges65/66B€736€9k▲
Recurring financial charges65€736€9k▲
Profit (loss) for the period before taxes9903€47k€66k▲
Income taxes67/77€13k€21k▲
Profit (loss) for the period9904€35k€45k▲
Profit (loss) for the period to be appropriated9905€35k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€80k▲
Profit (loss) brought forward from the previous period14P-€35k
Transfer to equity691/2-€40k
To other reserves6921-€40k
The notes to these accounts (4 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
05-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity doublescurrent ratio 3.90
Current ratio from 1.59 to 3.90; short-term debt falls from €280k to €122k.
30-09
Financial
Equity above €200kEq €210k ▲27.3%
6 profitable years in a row build equity to €210k.
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-09
Financial
Equity above €150kEq €165k ▲26.8%
5 profitable years in a row build equity to €165k.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €100k ▲544%
Operating result €152k, net result €100k, both a record.
30-09
Financial
Equity above €100kEq €130k ▲333%
4 profitable years in a row build equity to €130k.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
03-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
30-09
Financial
Weakest financial yearnet €-6k ▼119%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
19-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
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, Paliseul · 1 establishment unit since 2016
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 Arthur-Tagnon, Carlsbourg 416850 PaliseulGround area
1,295 m²
Building footprint
177 m²
Parcel 84012D0647/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
NOËL ATELIERS
since 20162.251.022.184
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84012D0647/00G000 | Wallonia | 1,295 m² | 1 · 177 m² | - |
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
Qu'ALU
BE 0733.855.874
Bornem · Eq €210k
Verschueren
BE 0800.209.121
Hoogstraten · Eq €209k
AMK Audenaert
BE 0704.648.679
Assenede · Eq €211k
METAALCONSTRUCTIE HANSOUL
BE 0476.496.563
Linter · Eq €212k
DEBOLE
BE 0441.157.978
Anderlecht · Eq €208k
Of 908 companies in sector 25120 we hold annual accounts for 677. 547 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-02-2016
Fiscal year end30-09
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
46620Wholesale of machine tools
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.