Atelier 267
ActiveSummary
Atelier 267 has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,375 and a net result of €7,105. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 28% of 239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+29
Solvency45▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.83 against 3.28 in 2024; short-term debt: 22.2% and cash: 12.6% of total assets), but 79.9% of the assets are financed with debt.
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Signals
Three 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 31
Relative position
BE, all sectors
reference
Manufacture of furniture (NACE 31)
about 43% more bankruptcies
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-10-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
1 d early
2023
4 d early
2022
2 d late
2021
15 d late
2020
39 d late
2019
30 d 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 9 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€71,375▲ 11.1%
2024 · €64,269
Total assets
€355,880▼ 10.7%
2024 · €398,548
Net result
€7,105▲ 2.4%
2024 · €6,935
Working capital
€144,694▼ 9.4%
2024 · €159,743
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€18,158▼ 66.3%-€10,763€44,965€64,409▲ 43.2%€22,356▼ 65.3%
Net result€6,059within the sector's middle half▼ 84.2%-€19,635below the sector's middle half€33,938within the sector's middle half€6,935within the sector's middle half▼ 79.6%€7,105within the sector's middle half▲ 2.4%
Equity€43,031within the sector's middle half▲ 16.4%€23,396below the sector's middle half▼ 45.6%€57,334below the sector's middle half▲ 145%€64,269below the sector's middle half▲ 12.1%€71,375within the sector's middle half▲ 11.1%
Total assets€420,368above the sector's middle half▼ 1.6%€434,819below the sector's middle half▲ 3.4%€443,986below the sector's middle half▲ 2.1%€398,548below the sector's middle half▼ 10.2%€355,880within the sector's middle half▼ 10.7%
Debt€377,337▼ 3.3%€411,423▲ 9.0%€386,652▼ 6.0%€334,278▼ 13.5%€284,506▼ 14.9%
Working capital€163,638above the sector's middle half▲ 15.4%€120,458within the sector's middle half▼ 26.4%€151,376within the sector's middle half▲ 25.7%€159,743within the sector's middle half▲ 5.5%€144,694within the sector's middle half▼ 9.4%
Solvency10.2%within the sector's middle half▲ 1.6pp5.4%below the sector's middle half▼ 4.9pp12.9%below the sector's middle half▲ 7.5pp16.1%below the sector's middle half▲ 3.2pp20.1%within the sector's middle half▲ 3.9pp
Current ratio2.52within the sector's middle half▲ 0.112.34within the sector's middle half▼ 0.172.65within the sector's middle half▲ 0.313.28above the sector's middle half▲ 0.632.83within the sector's middle half▼ 0.45
Return on assets (ROA)1.4%within the sector's middle half▼ 7.5pp-4.5%below the sector's middle half▼ 6.0pp7.6%within the sector's middle half▲ 12.2pp1.7%within the sector's middle half▼ 5.9pp2.0%within the sector's middle half▲ 0.3pp
Staff (FTE)5.4▼ 5.3%4.4within the sector's middle half▼ 18.5%4.3within the sector's middle half▼ 2.3%4.2within the sector's middle half▼ 2.3%4.2within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €355,880
Fixed assets
€132,177 ▼ 21.7%
Current assets
€223,703 ▼ 2.6%
Equity and liabilities €355,880
Equity
€71,375 ▲ 11.1%
Debt
€284,506 ▼ 14.9%
Debt's share of the balance-sheet total falls from 83.9% to 79.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€67,989▼
2024 · €108,305
Cash flow
€52,739▲
2024 · €50,831
Quick ratio
1.61▼
2024 · 2.03
Debt to equity
3.99▼
2024 · 5.20
ROE
10.0%▼
2024 · 10.8%
Interest coverage
6.05▲
2024 · 2.54
Debt ≤ 1 year
€79,009▲
2024 · €69,994
Debt > 1 year
€205,497▼
2024 · €264,284
Income taxes
€4,974▼
2024 · €15,918
Staff costs
€246,579▲
2024 · €228,184
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,984 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €13,000 | - | €5,500 | €6,198 | ▲ 12.7% |
| Remuneration, social security and pensions62 | - | €184,043 | €219,500 | €228,184 | €246,579 | ▲ 8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,763 | €44,658 | €49,258 | €43,896 | €45,633 | ▲ 4.0% |
| Other operating charges640/8 | - | €4,680 | €5,010 | €5,241 | €5,446 | ▲ 3.9% |
| Gross operating margin9900 | €292,734 | €222,617 | €318,732 | €341,730 | €320,013 | ▼ 6.4% |
| Operating profit (loss)9901 | €18,158 | -€10,763 | €44,965 | €64,409 | €22,356 | ▼ 65.3% |
| Financial income75/76B | - | €1,152 | €1,246 | €1,066 | €957 | ▼ 10.3% |
| Recurring financial income75 | €1,936 | €1,152 | €1,246 | €1,066 | €957 | ▼ 10.3% |
| Financial charges65/66B | - | €9,713 | €10,522 | €42,622 | €11,234 | ▼ 73.6% |
| Recurring financial charges65 | €9,293 | €9,713 | €10,522 | €42,622 | €11,234 | ▼ 73.6% |
| Profit (loss) for the period before taxes9903 | €10,801 | -€19,325 | €35,689 | €22,854 | €12,079 | ▼ 47.1% |
| Income taxes67/77 | €4,742 | €310 | €1,751 | €15,918 | €4,974 | ▼ 68.8% |
| Profit (loss) for the period9904 | €6,059 | -€19,635 | €33,938 | €6,935 | €7,105 | ▲ 2.4% |
| Profit (loss) for the period to be appropriated9905 | €6,059 | -€19,635 | €33,938 | €6,935 | €7,105 | ▲ 2.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €420,368 | €434,819 | €443,986 | €398,548 | €355,880 | ▼ 10.7% |
| Fixed assets21/28 | €148,726 | €224,712 | €200,888 | €168,811 | €132,177 | ▼ 21.7% |
| Tangible fixed assets22/27 | €148,726 | €224,712 | €200,888 | €168,811 | €132,177 | ▼ 21.7% |
| Land and buildings22 | - | €103,928 | €84,713 | €65,498 | €46,283 | ▼ 29.3% |
| Plant, machinery and equipment23 | - | €26,327 | €37,646 | €38,970 | €34,105 | ▼ 12.5% |
| Furniture and vehicles24 | - | €2,757 | €1,188 | €1,361 | €3,165 | ▲ 133% |
| Leasing and similar rights25 | - | €91,700 | €77,341 | €62,982 | €48,623 | ▼ 22.8% |
| Current assets29/58 | €271,642 | €210,108 | €243,098 | €229,737 | €223,703 | ▼ 2.6% |
| Stocks and contracts in progress3 | €63,676 | €87,764 | €98,145 | €87,457 | €96,778 | ▲ 10.7% |
| Stocks30/36 | - | €63,450 | €62,445 | €61,762 | €61,294 | ▼ 0.8% |
| Contracts in progress37 | - | €24,313 | €35,700 | €25,695 | €35,485 | ▲ 38.1% |
| Amounts receivable within one year40/41 | €101,077 | €96,040 | €117,635 | €89,046 | €79,302 | ▼ 10.9% |
| Trade receivables40 | - | €80,565 | €100,850 | €70,954 | €61,210 | ▼ 13.7% |
| Other amounts receivable41 | - | €15,475 | €16,785 | €18,092 | €18,092 | = |
| Cash at bank and in hand54/58 | €87,089 | €26,304 | €27,319 | €53,234 | €44,864 | ▼ 15.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2,758 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €420,368 | €434,819 | €443,986 | €398,548 | €355,880 | ▼ 10.7% |
| Equity10/15 | €43,031 | €23,396 | €57,334 | €64,269 | €71,375 | ▲ 11.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €24,431 | €24,431 | €38,734 | €45,669 | €52,775 | ▲ 15.6% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €22,571 | €38,734 | €45,669 | €52,775 | ▲ 15.6% |
| Profit (loss) carried forward14 | -€43,394 | -€19,635 | - | - | - | - |
| Amounts payable17/49 | €377,337 | €411,423 | €386,652 | €334,278 | €284,506 | ▼ 14.9% |
| Amounts payable after more than one year17 | €269,333 | €321,774 | €294,930 | €264,284 | €205,497 | ▼ 22.2% |
| Financial debts170/4 | - | €276,774 | €249,930 | €219,284 | €160,497 | ▼ 26.8% |
| Other amounts payable178/9 | - | €45,000 | €45,000 | €45,000 | €45,000 | = |
| Amounts payable within one year42/48 | €108,004 | €89,649 | €91,722 | €69,994 | €79,009 | ▲ 12.9% |
| Current portion of amounts payable after more than one year42 | - | €51,860 | €61,244 | €39,365 | €38,787 | ▼ 1.5% |
| Trade debts44 | €28,320 | €21,243 | €12,200 | €13,845 | €17,877 | ▲ 29.1% |
| Suppliers440/4 | - | €21,243 | €12,200 | €13,845 | €17,877 | ▲ 29.1% |
| Taxes, remuneration and social security45 | - | €16,547 | €18,278 | €16,784 | €18,713 | ▲ 11.5% |
| Taxes450/3 | - | €8,246 | €9,895 | €10,213 | €6,778 | ▼ 33.6% |
| Remuneration and social security454/9 | - | €8,300 | €8,383 | €6,571 | €11,935 | ▲ 81.6% |
| Other amounts payable47/48 | - | - | - | - | €3,632 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,059 | -€19,635 | €33,938 | €6,935 | €7,105 | ▲ 2.4% |
| + Depreciation and write-downs630 | €40,763 | €44,658 | €49,258 | €43,896 | €45,633 | ▲ 4.0% |
| Operating cash flow (approximation) | €46,822 | €25,024 | €83,196 | €50,831 | €52,739 | ▲ 3.8% |
| Investment in fixed assets (approximation) | - | -€120,644 | -€25,435 | -€11,818 | -€9,000 | ▲ 23.8% |
| Change in cash | - | -€60,785 | €1,015 | €25,916 | -€8,370 | ▼ 132% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €33,938
Net result €33,938 after one loss-making year.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
31-03
Financial
Back to profitnet €38,377
Net result €38,377 after one loss-making year.
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
15-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Grimbergen · 1 establishment unit since 2002
Ground area
365 m²
Building footprint
104 m²
Volume, LiDAR
704 m³
Parcel 23005B0475/00T002, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Beigemsesteenweg 267, 1852 Grimbergen
since 20022.096.083.787
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23005B0475/00T002 | Flanders | 365 m² | 1 · 104 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,607 EUR awarded · 1,607 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 756 EUR | 756 EUR |
| 2024 | 1 | 851 EUR | 851 EUR |
Recognitions · licences · registrations
Dual-learning approval
1 endedInterieurbouwer duaal (so)
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Of 1,501 companies in sector 31004 we hold annual accounts for 626. 460 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-02-2002
Fiscal year end31-03
Legal name NL
ZEBRANO
Activities, NACEBEL 2025
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31001Manufacture of furniture
31002Manufacture of furniture
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476868826
Also
9925:BE0476868826
Registered
09-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.