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ATELIER 85

Active
Non-profit associationfounded 1961active for 65 yearsRue de Mettet 127, 5620 Florennes, BelgiumKBO/BCE: BE 0402.582.662
Summary

ATELIER 85 has been active since 1961 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.3m and a net result of €1.1m. Equity has been growing by about 7.2% per year since 2018. Its solvency ranks better than 84% of 58 sector peers (NACE 17, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-06-1961 Normal situation
Activity
Manufacture of paper and paper products NACE 17250and 4 others
Joint committee
327.03 Paritair Subcomité voor de beschutte werkplaatsen van het Waalse Gewest en van de Duitstalige Gemeenschap · annual accounts 2024
Establishment units
2.153.397.129 5620 Florennes, since 25-06-1961
2.233.678.683 5620 Florennes, since 01-07-2014and 1 other
Financial year end
31 December
Peppol
Reachable since 13-11-2025

Board and ownership

Auditor
CALLENS, VANDELANOTТЕ

Financial position

99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€7.9m
▲ 14.0%
Surplus
€1.1m
▼ 3.2%
Equity
€13.3m
▲ 8.1%
Total assets
€16.8m
▲ 6.6%
Employees on 31-12-2025
183
▲ 2.8%
Filed on 29-05-2026, 63 days before the deadline
Score breakdownlowers riskLegal form: non-profit associationLiquidity: current ratio 2.24, cash €5.0mFounded in 1961Equity €13.3m (79.2% of total assets)Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 90% of companies in paper (NACE 17)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 79.2% of total assets
Liquidity 82-4
short-term debt 19.0% · cash 29.8%
Profitability 84-1
return on assets 6.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (28 companies, NACE 17, medium-sized)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.24 (2.6 in 2024), above the usual 1.5. Short-term debt is 19% and cash 29.8% of total assets. 20.8% of the assets are financed with debt and provisions.
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 17). It does better than 95% of them on solvency, 95% on liquidity, 95% on profitability and 76% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 2.24, cash €5.0m
NBB · annual accounts
lowers risk · Founded in 1961
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €13.3m (79.2% of total assets)
NBB · annual accounts
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 days early
2024
59 days early
2023
68 days early
2022
33 days early
2021
34 days early
2020
51 days early
2019
16 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 46 days before the deadline. In the sector (NACE 17), the median for financial year 2024 was 13 days before the deadline, and 35% 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 2 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest employer in Florennesin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1.1m 8 years View
  • New directorslatest change 14-07-2026 · 11 in office 2 joined View

Recent changes

  1. · Gazette deed Reappointments: DAMILOT Jean-Claude, DANIELI Marie-José and 5 othersAppointments: DELABIE Serge, MABILLE Fabienne and CALLENS, VANDELANOTТЕ · Resignation: DAMILOT Jean-Claude (director) · Withdrawals: BURNET Philippe, DAMILOT Jean-Claude and DE GRATIE Bérénice
  2. · Gazette deed Admissions: BODART Joseph, BOI Gilbert and 13 othersReappointments: BODART Joseph, BURNET Philippe and 7 others · Appointment: CALLENS, VANDELANOTTE (commissaires)
  3. · Gazette deed Reappointments: DAMILOT Jean-Claude, DANIELI Marie-José and 7 othersAppointment: CALLENS, PIRENNE, THEUNISSEN & C° Srl (statutory auditor)
All 16 events

Comparable companies

These companies have the same main activity as ATELIER 85: manufacture of paper and paper products (NACE 17250). They are comparable in size and age: total assets between €4.5m and €20m, founded between 1952 and 1989.

CompanyTotal assetsTurnover
ATELIER 85 Florennes€16.8m€7.9m
Desmedt Bornem€17.9m€15.7m
POP FACTORY Nivelles€20.3m€15.7m
GALOPPIN PAPIER Boortmeerbeek€4.5m-
COREX Belgium Deerlijk€8.3m€17.6m
LUMIPAPER Beveren-Kruibeke-Zwijndrecht€13.0m€17.4m
FINESSE DECO PARTNERS Antwerpen€4.6m-
Full comparison

Key facts about ATELIER 85

What is the company number of ATELIER 85?
The company number of ATELIER 85 is 0402.582.662. The VAT number is the same number with BE in front: BE 0402.582.662.
Where is ATELIER 85 based?
The registered office is at Rue de Mettet 127, 5620 Florennes.Company details
What does ATELIER 85 do?
According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17250).
What is the legal form of ATELIER 85?
The legal form of ATELIER 85 is Non-profit association (VZW).
When was ATELIER 85 founded?
ATELIER 85 was founded on 25-06-1961.
Is ATELIER 85 still active?
Yes, ATELIER 85 is an active enterprise in the KBO register.
How many employees does ATELIER 85 have?
ATELIER 85 had an average of 174.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ATELIER 85 fall under?
In its 2024 annual accounts, ATELIER 85 states joint committee 327.03 (Paritair Subcomité voor de beschutte werkplaatsen van het Waalse Gewest en van de Duitstalige Gemeenschap).
What is the turnover of ATELIER 85?
The turnover of ATELIER 85 was €7.9m in financial year 2025, according to the filed annual accounts.
Is ATELIER 85 profitable?
In financial year 2025, ATELIER 85 made a profit of €1.1m.
Where can I find the annual accounts of ATELIER 85?
ATELIER 85 filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ATELIER 85 due?
ATELIER 85 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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