Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Atriatech from Spa, company number BE0418024567, closed financial year 2025 with a result of € -377,276 after tax. For that financial year Atriatech recorded a gross margin of € 2.7 million and equity of € 477,791. Compared with financial year 2024, the result moved from € 20,819 to € -377,276. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 477,791
▲ 104% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -377,276
▼ still € 20,819 profit in 2024
Profit after tax over the fiscal year.
€ 395,450
▲ 131% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -225,792.
People and assets in 2025
51.9
▲ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.9 million
▲ 7% vs 2024
€ 55,000 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.
€ 53,152
▲ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▲ 26% vs 2024
€ 123,151 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 565,069
▲ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 499,179
▲ 171% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 585,817 | € 770,136 | € 2,791,439 | € 2,697,144 | ▼ 3% |
| Profit after taxes | € -178,583 | € -42,113 | € 20,819 | € -377,276 | ▼ € 398,095 |
| Equity | € 234,779 | € 192,666 | € 234,572 | € 477,791 | ▲ 104% |
| Total debts | € 678,435 | € 702,368 | € 1,520,335 | € 2,543,229 | ▲ 67% |
| Cash | € 38,451 | € 44,151 | € 170,859 | € 395,450 | ▲ 131% |
| Land & buildings | € 223,471 | € 207,696 | € 186,418 | € 810,000 | ▲ € 623,582 |
| Retained profit | € 172,779 | € 130,666 | € 151,485 | € -225,792 | ▼ € 377,277 |
| Bank debt | € 325,000 | € 325,000 | € 801,987 | € 1,008,301 | ▲ 26% |
| Balance sheet total | € 928,992 | € 908,888 | € 1,766,837 | € 3,031,025 | ▲ 72% |
| Employees (FTE) | 12.3 | 11.5 | 48.9 | 51.9 | ▲ 3 |
Key figures of Atriatech, fiscal years 2022 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 Atriatech?
What happened at Atriatech in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 377,276 (▼ € 398,095 vs 2024). Source: NBB ↗
- New establishment in Ukkel. KBO
- New establishment in Ukkel. KBO
- New establishment in Spa. KBO
- New establishment in Braine-l'Alleud. KBO
- New establishment in Fauvillers. KBO
- Start of the company according to the CBE. KBO
In short
From € 178,583 loss in 2022 to € 377,276 loss in 2025.
Paid € 3,718 in corporate taxes since 2022.
Best year ever: 2024, with € 20,819 profit.
On average € 52,000 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Avenue Reine Astrid 171
4900 Spa
La Chaussée,Malmaison 57
6637 Fauvillers
Active since 1 January 1978
Avenue du Commerce 17
1420 Braine-l'Alleud
Active since 1 February 2024
Waterloosesteenweg 1611 box REZ
1180 Ukkel
Active since 1 January 2025
Postiljonstraat 16
1180 Ukkel
Active since 1 January 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.024.567
- VAT number
- BE 0418.024.567
- Registered office
- Avenue Reine Astrid 171, 4900 Spa
- Names & denominations
- Atriatech
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1977
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overig loodgieterswerk
Sanitaire werkzaamheden
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Installatie van verwarming, klimaatregeling en ventilatie