ATELJEE MAES
ActiveSummary
ATELJEE MAES has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €214k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 18% of 1648 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency30▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.83 in 2024; short-term debt: 94.5% and cash: 24.4% of total assets), and 94.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
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
5.5%
Return on assets
62.1%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1648 sector peers (2025).
NBB · sector comparisonPosition among 1648 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
25 d early
2023
9 d early
2022
20 d early
2021
45 d early
2020
4 d early
2019
1 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€19k▲ 253%
2024 · €5k
2019: €231k
2020: €248k▲ +7.2% vs 2019
2021: €251k▲ +1.1% vs 2020
2022: €251k▲ +0.1% vs 2021
2023: €251k▲ +0.1% vs 2022highest in 7 years
2024: €5k▼ -97.9% vs 2023lowest in 7 years
2025: €19k▲ +253% vs 2024
2019 → 2025
Total assets
€344k▲ 18.9%
2024 · €289k
2019: €665k
2020: €693k▲ +4.2% vs 2019highest in 7 years
2021: €616k▼ -11.2% vs 2020
2022: €580k▼ -5.8% vs 2021
2023: €568k▼ -2.1% vs 2022
2024: €289k▼ -49.1% vs 2023lowest in 7 years
2025: €344k▲ +18.9% vs 2024
2019 → 2025
Net result
€214k▲ 21.9%
2024 · €175k
2019: €104k
2020: €89k▼ -14.5% vs 2019
2021: €122k▲ +37.0% vs 2020
2022: €11k▼ -91.2% vs 2021lowest in 7 years
2023: €127k▲ +1088% vs 2022
2024: €175k▲ +38.2% vs 2023
2025: €214k▲ +21.9% vs 2024highest in 7 years
2019 → 2025
Working capital
€-33k▲ 30.8%
2024 · €-48k
2019: €181khighest in 7 years
2020: €58k▼ -67.7% vs 2019
2021: €-12k▼ -121% vs 2020
2022: €-60k▼ -382% vs 2021
2023: €-68k▼ -13.2% vs 2022lowest in 7 years
2024: €-48k▲ +29.4% vs 2023
2025: €-33k▲ +30.8% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€251k-€251k▲ 0.1%€251k▲ 0.1%€5k▼ 97.9%€19k▲ 253%
2021: €251k
2022: €251k▲ +0.1% vs 2021
2023: €251k▲ +0.1% vs 2022highest in 5 years
2024: €5k▼ -97.9% vs 2023lowest in 5 years
2025: €19k▲ +253% vs 2024
Operating result€123k-€21k▼ 83.0%€136k▲ 549%€192k▲ 41.4%€220k▲ 14.5%
2021: €123k
2022: €21k▼ -83.0% vs 2021lowest in 5 years
2023: €136k▲ +549% vs 2022
2024: €192k▲ +41.4% vs 2023
2025: €220k▲ +14.5% vs 2024highest in 5 years
Net result€122k-€11k▼ 91.2%€127k▲ 1,088%€175k▲ 38.2%€214k▲ 21.9%
2021: €122k
2022: €11k▼ -91.2% vs 2021lowest in 5 years
2023: €127k▲ +1088% vs 2022
2024: €175k▲ +38.2% vs 2023
2025: €214k▲ +21.9% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 14% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €344k
Fixed assets
€52k ▼ 14.4%
Current assets
€292k ▲ 27.7%
Equity and liabilities €344k
Equity
€19k ▲ 253%
Debt
€325k ▲ 14.5%
Debt's share of the balance-sheet total falls from 98.1% to 94.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€250k▲
2024 · €233k
Cash flow
€243k▲
2024 · €216k
Current ratio
0.90▲
2024 · 0.83
Quick ratio
0.71▲
2024 · 0.62
Debt to equity
17.20▼
2024 · 53.02
ROA
62.1%▲
2024 · 60.6%
Interest coverage
64.06▲
2024 · 50.01
Debt ≤ 1 year
€325k▲
2024 · €276k
Debt > 1 year
€0▼
2024 · €8k
Income taxes
€6k▼
2024 · €6k
Staff costs
€158k▼
2024 · €272k
A ratio outside any meaningful range has been withheld (balance sheet total €344k, equity €19k).
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€289k€344k▲
Fixed assets21/28€61k€52k▼
Tangible fixed assets22/27€61k€52k▼
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€15k€30k▲
Furniture and vehicles24€41k€19k▼
Financial fixed assets28€75€75=
Current assets29/58€228k€292k▲
Stocks and contracts in progress3€57k€61k▲
Stocks30/36€57k€61k▲
Amounts receivable within one year40/41€98k€145k▲
Trade receivables40€94k€101k▲
Other amounts receivable41€5k€44k▲
Cash at bank and in hand54/58€71k€84k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€289k€344k▲
Equity10/15€5k€19k▲
Contributions10/11€966€966=
Reserves13€4k€18k▲
Non-distributable reserves130/1€97€97=
Reserves not available under the articles1311€97€97=
Distributable reserves133€4k€18k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€284k€325k▲
Amounts payable after more than one year17€8k€0▼
Financial debts170/4€8k€0▼
Amounts payable within one year42/48€276k€325k▲
Current portion of amounts payable after more than one year42€7k€8k▲
Financial debts43€16k€16k▼
Credit institutions430/8€16k€16k▼
Trade debts44€31k€41k▲
Suppliers440/4€31k€41k▲
Taxes, remuneration and social security45€22k€20k▼
Taxes450/3€10k€16k▲
Remuneration and social security454/9€12k€5k▼
Other amounts payable47/48€200k€239k▲
Income statement
Code20242025
Remuneration, social security and pensions62€272k€158k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€30k▼
Other operating charges640/8€9k€4k▼
Gross operating margin9900€514k€412k▼
Operating profit (loss)9901€192k€220k▲
Financial income75/76B€8k€3k▼
Recurring financial income75€8k€3k▼
Financial charges65/66B€19k€4k▼
Recurring financial charges65€5k€4k▼
Non-recurring financial charges66B€14k€0▼
Profit (loss) for the period before taxes9903€181k€219k▲
Income taxes67/77€6k€6k▼
Profit (loss) for the period9904€175k€214k▲
Profit (loss) for the period to be appropriated9905€175k€214k▲
Appropriation of the result
Profit (loss) to be appropriated9906€175k€214k▲
Transfer to equity691/2€1k€14k▲
To other reserves6921€1k€14k▲
Profit to be distributed694/7€174k€200k▲
Directors or managers695€174k€200k▲
Social balance
Average headcount (FTE)90875.03.0▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €316k | €288k | €272k | €158k | ▼ 41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51k | €51k | €63k | €41k | €30k | ▼ 28.4% |
| Other operating charges640/8 | - | €9k | €8k | €9k | €4k | ▼ 51.4% |
| Gross operating margin9900 | €496k | €396k | €495k | €514k | €412k | ▼ 19.8% |
| Operating profit (loss)9901 | €123k | €21k | €136k | €192k | €220k | ▲ 14.5% |
| Financial income75/76B | - | €4k | €7k | €8k | €3k | ▼ 61.8% |
| Recurring financial income75 | €7k | €4k | €7k | €8k | €3k | ▼ 61.8% |
| Financial charges65/66B | - | €9k | €9k | €19k | €4k | ▼ 79.6% |
| Recurring financial charges65 | €4k | €5k | €6k | €5k | €4k | ▼ 16.5% |
| Non-recurring financial charges66B | - | €4k | €3k | €14k | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €124k | €16k | €134k | €181k | €219k | ▲ 21.1% |
| Income taxes67/77 | €3k | €5k | €7k | €6k | €6k | ▼ 4.1% |
| Profit (loss) for the period9904 | €122k | €11k | €127k | €175k | €214k | ▲ 21.9% |
| Profit (loss) for the period to be appropriated9905 | €122k | €11k | €127k | €175k | €214k | ▲ 21.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €616k | €580k | €568k | €289k | €344k | ▲ 18.9% |
| Fixed assets21/28 | €344k | €366k | €334k | €61k | €52k | ▼ 14.4% |
| Tangible fixed assets22/27 | €344k | €366k | €334k | €61k | €52k | ▼ 14.4% |
| Land and buildings22 | - | €221k | €193k | €4k | €3k | ▼ 33.3% |
| Plant, machinery and equipment23 | - | €9k | €893 | €15k | €30k | ▲ 97.5% |
| Furniture and vehicles24 | - | €135k | €140k | €41k | €19k | ▼ 53.2% |
| Financial fixed assets28 | €75 | €75 | €75 | €75 | €75 | = |
| Current assets29/58 | €272k | €214k | €234k | €228k | €292k | ▲ 27.7% |
| Stocks and contracts in progress3 | €46k | €56k | €55k | €57k | €61k | ▲ 6.7% |
| Stocks30/36 | - | €56k | €55k | €57k | €61k | ▲ 6.7% |
| Amounts receivable within one year40/41 | €166k | €88k | €103k | €98k | €145k | ▲ 47.3% |
| Trade receivables40 | - | €84k | €101k | €94k | €101k | ▲ 8.0% |
| Other amounts receivable41 | - | €4k | €2k | €5k | €44k | ▲ 809% |
| Cash at bank and in hand54/58 | €58k | €69k | €70k | €71k | €84k | ▲ 18.0% |
| Deferred charges and accrued income490/1 | - | €1k | €7k | €1k | €2k | ▲ 9.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €616k | €580k | €568k | €289k | €344k | ▲ 18.9% |
| Equity10/15 | €251k | €251k | €251k | €5k | €19k | ▲ 253% |
| Contributions10/11 | - | €35k | €35k | €966 | €966 | = |
| Reserves13 | €216k | €216k | €216k | €4k | €18k | ▲ 309% |
| Non-distributable reserves130/1 | - | €4k | €4k | €97 | €97 | = |
| Reserves not available under the articles1311 | - | €4k | €4k | €97 | €97 | = |
| Distributable reserves133 | - | €213k | €213k | €4k | €18k | ▲ 316% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €365k | €329k | €317k | €284k | €325k | ▲ 14.5% |
| Amounts payable after more than one year17 | €81k | €53k | €15k | €8k | €0 | ▼ 100% |
| Financial debts170/4 | - | €53k | €15k | €8k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €284k | €274k | €302k | €276k | €325k | ▲ 17.6% |
| Current portion of amounts payable after more than one year42 | - | €58k | €38k | €7k | €8k | ▲ 1.8% |
| Financial debts43 | - | - | €19k | €16k | €16k | ▼ 0.8% |
| Credit institutions430/8 | - | - | €19k | €16k | €16k | ▼ 0.8% |
| Trade debts44 | €31k | €43k | €12k | €31k | €41k | ▲ 32.3% |
| Suppliers440/4 | - | €43k | €12k | €31k | €41k | ▲ 32.3% |
| Taxes, remuneration and social security45 | - | €16k | €42k | €22k | €20k | ▼ 5.3% |
| Taxes450/3 | - | €2k | €33k | €10k | €16k | ▲ 61.9% |
| Remuneration and social security454/9 | - | €15k | €9k | €12k | €5k | ▼ 61.3% |
| Other amounts payable47/48 | - | €157k | €190k | €200k | €239k | ▲ 19.9% |
| Accrued charges and deferred income492/3 | - | €2k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €122k | €11k | €127k | €175k | €214k | ▲ 21.9% |
| + Depreciation and write-downs630 | €51k | €51k | €63k | €41k | €30k | ▼ 28.4% |
| Operating cash flow (approximation) | €173k | €61k | €190k | €216k | €243k | ▲ 12.3% |
| Investment in fixed assets (approximation) | - | €-72k | €-31k | €232k | €-21k | ▼ 109% |
| Change in cash | - | €11k | €671 | €1k | €13k | ▲ 1,051% |
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
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €214k ▲21.9%
Operating result €220k, net result €214k, both a record.
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €11k ▼91.2%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
09-12
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.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Pittem · 1 establishment unit since 1993
Ground area
903 m²
Building footprint
165 m²
Volume, LiDAR
833 m³
Parcel 37011A0467/00K002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ATELJEE MAES
since 19932.061.653.935
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011A0467/00K002 | Flanders | 903 m² | 1 · 165 m² | 8.8 m · 2 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
2023 to 2024 · 2 entries · 1,191 EUR awarded · 1,191 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 531 EUR | 531 EUR |
| 2023 | 1 | 660 EUR | 660 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
PIERREPOLJACK, en abrégé PIPOJA
BE 0827.585.390
Ittre · Eq €18,903
FREESIA NOVA
BE 1022.886.081
Jalhay · Eq €18,906
DREAM ME UP
BE 0684.444.470
Brussel · Eq €18,921
MoD EVENTS
BE 0471.446.823
Antwerpen · Eq €18,924
BESTBRIDGE
BE 0443.404.123
Ukkel · Eq €18,795
Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,559 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
Founded23-02-1990
Fiscal year end30-06
Activities, NACEBEL 2025
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.