Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
Financials
Financial year 2025
Groupe Atlantic Manufacturing Belgium from Seneffe, company number BE0417201057, closed financial year 2025 with a result of € -27.6 million after tax. For that financial year Groupe Atlantic Manufacturing Belgium recorded revenue of € 35.4 million and equity of € -18.7 million. Compared with financial year 2023, the result moved from € 789,543 to € -27.6 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ -18.7 million
▼ € 33.1 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -27.6 million
▼ still € 789,543 profit in 2023
Profit after tax over the fiscal year.
€ 692
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -45.5 million.
People and assets in 2025
129.2
▼ 8.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 9.3 million
▼ 11% vs 2023
€ 71,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 152,994
▼ 24% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 42.6 million
▲ € 38.8 million vs 2023
Loans from banks and other lenders, long and short.
€ 4.8 million
▲ 29% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 1.8 million
▲ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,434,723 | € 35,012,866 | € 32,797,212 | € 35,355,554 | ▲ 8% |
| Profit after taxes | € 657,577 | € 964,216 | € 789,543 | € -27,584,891 | ▼ € 28.4 million |
| Equity | € 12,574,214 | € 13,538,430 | € 14,327,973 | € -18,730,143 | ▼ € 33.1 million |
| Total debts | € 7,765,281 | € 10,052,553 | € 9,524,651 | € 49,378,020 | ▲ € 39.9 million |
| Cash | € 223,598 | € 200,201 | € 0 | € 692 | |
| Land & buildings | € 1,295,932 | € 856,832 | € 914,050 | € 7,290,736 | ▲ € 6.4 million |
| Retained profit | € 8,895,474 | € 9,859,690 | € 10,649,233 | € -45,528,617 | ▼ € 56.2 million |
| Bank debt | € 1,500,000 | € 1,515,000 | € 3,891,752 | € 42,648,245 | ▲ € 38.8 million |
| Balance sheet total | € 20,645,932 | € 23,767,547 | € 24,271,807 | € 33,063,379 | ▲ 36% |
| Employees (FTE) | 136.9 | 137.7 | 137.6 | 129.2 | ▼ 8.4 |
Key figures of Groupe Atlantic Manufacturing Belgium, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Groupe Atlantic Manufacturing Belgium?
What happened at Groupe Atlantic Manufacturing Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hélène Colombani stepped down as director. NBB
- Bruno Couture stepped down as director. NBB
- Sylvie Bellemans stepped down as director. NBB
- Patrick Bougard stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 27.6 million (▼ € 28.4 million vs 2023). Source: NBB ↗
- Hélène Colombani became a director. NBB
- New establishment in Beersel. KBO
- Bruno Couture became a director. NBB
In short
From € 657,577 profit in 2021 to € 27.6 million loss in 2025.
Paid € 1.5 million in corporate taxes since 2021.
Best year ever: 2022, with € 964,216 profit.
Pays suppliers within 50 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ACV INTERNATIONAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Groupe Atlantic Manufacturing BelgiumThe shares are held by ATLANTIC SFDT (100%) and ACV INTERNATIONAL (100%). It owns 100% of Groupe Atlantic Slovakia, 100% of ACV CR, 100% of Triangle Tube/ Phase III Co. Inc and 60% of ACV Heating Technology itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Hélène Colombani
Director
since 2024 · until 2030
since 2022 · until 2028
Patrick Bougard
Director
Also active at: GROUPE ATLANTIC BELGIUM, ASSOCIATION POUR TECHNIQUES THERMIQUES DE BELGIQUE - ASSOCIATIE VOOR THERMISCHE TECHNIEKEN VAN BELGIE, ACV INTERNATIONAL
since 2022 · until 2028
Shareholders
ATLANTIC SFDT
100%
100%
Participations
Groupe Atlantic Slovakia
100%
ACV CR
100%
ACV Heating Technology
60%
Establishments
Establishment units
Physical locations of this company
Rue Henri Becquerel 1
7180 Seneffe
Parc Industriel de Seneffe
7180 Seneffe
Active since 8 September 2000
Oude Vijverweg 6
1653 Beersel
Active since 1 January 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0417.201.057
- VAT number
- BE 0417.201.057
- Registered office
- Rue Henri Becquerel 1, 7180 Seneffe
- Names & denominations
- Groupe Atlantic Manufacturing Belgium · GAMB
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 1977
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Vervaardiging van radiatoren, stoomketels en ketels voor centrale verwarming
Vervaardiging van radiatoren en ketels voor centrale verwarming