'T ATELIER
Active'T ATELIER has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €338k and a net result of €136k. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 48% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+3
Solvency61▼-17
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 4.0 in 2024; short-term debt: 36.9% and cash: 44.5% of total assets), and 64.3% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 47
Relative position
BE, all sectors
reference
Sector 47
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
35.7%
Return on assets
14.4%
Age of the figures
9 mo
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 12-05-2026, 80 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
80 d early
2024
6 d late
2023
13 d early
2022
6 d early
2021
3 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€338k▼ 22.6%
2024 · €437k
2019: €75k
2020: €175k
2021: €290k
2022: €343k
2023: €438k
2024: €437k
2019 → 2025
Total assets
€948k▲ 15.7%
2024 · €819k
2019: €280k
2020: €360k
2021: €438k
2022: €447k
2023: €713k
2024: €819k
2019 → 2025
Net result
€136k▲ 36.8%
2024 · €100k
2019: €56k
2020: €100k
2021: €116k
2022: €53k
2023: €94k
2024: €100k
2019 → 2025
Working capital
€156k▼ 42.3%
2024 · €270k
2019: €51k
2020: €130k
2021: €231k
2022: €270k
2023: €517k
2024: €270k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€290k-€343k▲ 18.2%€438k▲ 27.5%€437k▼ 0.1%€338k▼ 22.6%
Operating result€147k-€65k▼ 55.8%€125k▲ 91.3%€129k▲ 3.3%€192k▲ 49.2%
Net result€116k-€53k▼ 54.3%€94k▲ 79.0%€100k▲ 5.4%€136k▲ 36.8%
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 49% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €948k
Fixed assets
€443k▼ 3.6%
Current assets
€505k▲ 40.4%
Equity and liabilities €948k
Equity
€338k▼ 22.6%
Debt
€609k▲ 59.5%
The debt ratio rises from 46.6% to 64.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€261k▲
2024 · €178k
Cash flow
€205k▲
2024 · €149k
Solvency
35.7%▼
2024 · 53.4%
Current ratio
1.45▼
2024 · 4.00
Quick ratio
1.37▼
2024 · 3.77
Debt / equity
1.80▲
2024 · 0.87
ROE
40.2%▲
2024 · 22.8%
ROA
14.4%▲
2024 · 12.2%
Interest coverage
15.59▲
2024 · 14.25
Debt
€609k▲
2024 · €382k
Debt ≤ 1 year
€349k▲
2024 · €90k
Debt > 1 year
€260k▼
2024 · €292k
Income taxes
€39k▲
2024 · €17k
Staff costs
€126k▲
2024 · €118k
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€819k€948k▲
Fixed assets21/28€459k€443k▼
Tangible fixed assets22/27€459k€443k▼
Plant, machinery and equipment23€169k€162k▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€287k€278k▼
Current assets29/58€360k€505k▲
Stocks and contracts in progress3€21k€25k▲
Stocks30/36€21k€25k▲
Amounts receivable within one year40/41€4k€4k▼
Trade receivables40€571€3k▲
Other amounts receivable41€4k€837▼
Current investments50/53-€50k
Cash at bank and in hand54/58€329k€422k▲
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€819k€948k▲
Equity10/15€437k€338k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€419k€320k▼
Amounts payable17/49€382k€609k▲
Amounts payable after more than one year17€292k€260k▼
Financial debts170/4€292k€260k▼
Amounts payable within one year42/48€90k€349k▲
Current portion of amounts payable after more than one year42€31k€32k▲
Trade debts44€9k€19k▲
Suppliers440/4€9k€19k▲
Taxes, remuneration and social security45€35k€52k▲
Taxes450/3€8k€28k▲
Remuneration and social security454/9€27k€24k▼
Other amounts payable47/48€16k€247k▲
Accrued charges and deferred income492/3€250-
Income statement
Code20242025
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€118k€126k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€69k▲
Other operating charges640/8€670€645▼
Gross operating margin9900€297k€387k▲
Operating profit (loss)9901€129k€192k▲
Financial income75/76B€597€54▼
Recurring financial income75€597€54▼
Financial charges65/66B€12k€17k▲
Recurring financial charges65€12k€17k▲
Profit (loss) for the period before taxes9903€117k€175k▲
Income taxes67/77€17k€39k▲
Profit (loss) for the period9904€100k€136k▲
Profit (loss) for the period to be appropriated9905€100k€136k▲
Appropriation of the result
Profit (loss) to be appropriated9906€519k€555k▲
Profit (loss) brought forward from the previous period14P€419k€419k▼
Profit to be distributed694/7€100k€235k▲
Return on contributions (dividend)694€100k€235k▲
Social balance
Average headcount (FTE)90872.72.4▼
The notes to these accounts (11 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
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €136k ▲36.8%
Operating result €192k, net result €136k, both a record.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €53k ▼54.3%
Net result drops to €53k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €290k ▲66%
3 profitable years in a row build equity to €290k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €175k ▲134%
2 profitable years in a row build equity to €175k.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brugge · 1 establishment unit since 2019
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.
Schoolstraat 28310 BruggeGround area
316 m²
Building footprint
238 m²
Volume, LiDAR
1,449 m³
Parcel 31002A0231/00G002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
't Atelier
since 20192.286.774.109
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31002A0231/00G002 | Flanders | 316 m² | 1 · 238 m² | 8.9 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 2,690 EUR awarded · 2,690 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
| 2024 | 1 | 176 EUR | 176 EUR |
| 2023 | 1 | 176 EUR | 176 EUR |
| 2022 | 2 | 2,162 EUR | 2,162 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.286.774.109
Similar companies · same sector, comparable size
DE CLERCQ Bakkerij
BE 0759.747.451
Lokeren · Eq €338k
BROOD EN BANKET GELDHOF MATTHIAS
BE 0536.795.228
Wevelgem · Eq €337k
Patisserie De Brabander
BE 0682.537.233
Gent · Eq €344k
CARPE DIEM BIS
BE 0898.692.924
Brugge · Eq €344k
Bakkersdochter
BE 0782.271.049
Hasselt · Eq €347k
Of 2,406 companies in sector 47241 we hold annual accounts for 1,099. 690 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2019
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
47242Retail sale of chocolate and confectionery
47251Retail sale of wines and spirits
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.