ATELIER SMEYERS
ActiveSummary
ATELIER SMEYERS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €-12k. Equity is growing by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 83 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency64▼-15
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.83 in 2024; short-term debt: 60.8% and cash: 70.4% of total assets), and 60.8% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Sector 24
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.2%
Return on assets
-28.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-12k
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
13 d early
2023
1 d late
2022
23 d late
2021
95 d late
2020
4 d late
2019
33 d early
← 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
€17k▼ 41.8%
2024 · €30k
2018: €6k
2019: €10k
2020: €19k
2021: €25k
2022: €24k
2023: €43k
2024: €30k
2018 → 2025
Total assets
€44k▼ 19.6%
2024 · €55k
2018: €40k
2019: €47k
2020: €37k
2021: €48k
2022: €46k
2023: €73k
2024: €55k
2018 → 2025
Net result
€-12k▲ 8.5%
2024 · €-14k
2018: €-8k
2019: €5k
2020: €8k
2021: €7k
2022: €-1k
2023: €19k
2024: €-14k
2018 → 2025
Working capital
€11k▼ 48.2%
2024 · €21k
2018: €-10k
2019: €2k
2020: €7k
2021: €17k
2022: €14k
2023: €38k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€24k▼ 4.6%€43k▲ 79.0%€30k▼ 31.3%€17k▼ 41.8%
Operating result€10k-€-299€26k€-10k€-10k▲ 4.3%
Net result€7k-€-1k€19k€-14k€-12k▲ 8.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2025 against €10k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44k
Fixed assets
€6k ▼ 26.4%
Current assets
€38k ▼ 18.3%
Equity and liabilities €44k
Equity
€17k ▼ 41.8%
Debt
€27k ▲ 6.7%
Debt's share of the balance-sheet total rises from 45.8% to 60.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-8k▼
2024 · €-7k
Cash flow
€-10k▲
2024 · €-11k
Current ratio
1.40▼
2024 · 1.83
Quick ratio
1.37▼
2024 · 1.83
Debt to equity
1.55▲
2024 · 0.85
ROE
-71.7%▼
2024 · -45.6%
ROA
-28.1%▼
2024 · -24.7%
Interest coverage
-3.42▼
2024 · -2.46
Debt ≤ 1 year
€27k▲
2024 · €25k
Income taxes
€158▼
2024 · €172
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€55k€44k▼
Fixed assets21/28€9k€6k▼
Tangible fixed assets22/27€9k€6k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€3k€3k▼
Current assets29/58€46k€38k▼
Stocks and contracts in progress3-€979
Stocks30/36-€979
Amounts receivable within one year40/41€5k€4k▼
Trade receivables40€4k€3k▼
Other amounts receivable41€1k€1k▼
Cash at bank and in hand54/58€39k€31k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€55k€44k▼
Equity10/15€30k€17k▼
Contributions10/11€19k€19k=
Reserves13€20k€20k=
Tax-exempt reserves132€692€692=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€-9k€-21k▼
Amounts payable17/49€25k€27k▲
Amounts payable within one year42/48€25k€27k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€22k€23k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€1k€861▼
Gross operating margin9900€-6k€-7k▼
Operating profit (loss)9901€-10k€-10k▲
Financial income75/76B€85€0▼
Recurring financial income75€85€0▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-13k€-12k▲
Income taxes67/77€172€158▼
Profit (loss) for the period9904€-14k€-12k▲
Profit (loss) for the period to be appropriated9905€-14k€-12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-21k▼
Profit (loss) brought forward from the previous period14P€2k€-9k▼
Transfer from equity791/2€3k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-14k ▼171%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 95 days late
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
28-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Balen · 1 establishment unit since 1994
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.
Stationsstraat 322490 BalenGround area
2,284 m²
Building footprint
555 m²
Volume, LiDAR
2,673 m³
2 parcels, Flanders · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Atelier Smeyers
since 19942.066.110.490
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G1135/00W002 | Flanders | 1,889 m² | 1 · 442 m² | 14.3 m · 1 fl. |
| 13003D0023/00R002 | Flanders | 395 m² | 1 · 113 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
dibu-technics
BE 0473.674.457
Mol · Eq €32k
Etablissements Hardy
BE 0419.430.869
Fernelmont · Eq €46k
UNISLOT
BE 0455.856.151
Waregem · Eq €4k
GIETERIJEN RISKIN
BE 0415.641.337
Tongeren-Borgloon · Eq €140k
MAQ - PON INVEST
BE 0416.527.995
Bilzen-Hoeselt · Eq €145k
Of 54 companies in sector 24510 we hold annual accounts for 44. 7 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
Founded24-02-1994
Fiscal year end31-12
Activities, NACEBEL 2025
24510Manufacture of basic metals
24530Manufacture of basic metals
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.