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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ATELIERS 118 from Sint-Jans-Molenbeek, company number BE0421925650, closed financial year 2025 with a result of € -43,029 after tax. For that financial year ATELIERS 118 recorded a gross margin of € 14,099 and equity of € -144,845. Compared with financial year 2024, the result moved from € -5,692 to € -43,029. 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 May 26, 2026.
€ -144,845
▼ € 43,029 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,029
▼ 656 % more loss than in 2024
Profit after tax over the fiscal year.
€ 14,734
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -163,445.
Debts at end 2025
€ 325,638
▼ 7% vs 2024
€ 23,745 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 26,001
▲ € 24,200 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,806 | € 35,251 | € 48,152 | € 14,099 | ▼ 71% |
| Profit after taxes | € 729 | € -17,525 | € -5,692 | € -43,029 | ▼ € 37,337 |
| Equity | € -78,600 | € -96,125 | € -101,817 | € -144,845 | ▼ € 43,029 |
| Total debts | € 570,342 | € 564,791 | € 556,834 | € 573,241 | ▲ 3% |
| Cash | € 17,687 | € 1,275 | € 13,754 | € 14,734 | ▲ 7% |
| Land & buildings | € 131,095 | € 126,701 | € 104,129 | € 74,997 | ▼ 28% |
| Retained profit | € -97,200 | € -114,725 | € -120,417 | € -163,445 | ▼ € 43,029 |
| Bank debt | € 381,484 | € 371,848 | € 349,202 | € 325,638 | ▼ 7% |
| Balance sheet total | € 491,742 | € 468,666 | € 455,017 | € 428,395 | ▼ 6% |
Key figures of ATELIERS 118, 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 ATELIERS 118?
What happened at ATELIERS 118 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 43,029. Source: NBB ↗
- New establishment in Sint-Jans-Molenbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 729 profit in 2022 to € 43,029 loss in 2025.
Paid € 8 in corporate taxes since 2022.
Best year ever: 2022, with € 729 profit.
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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 PERPETUAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ATELIERS 118Behind ATELIERS 118 is Julien DE DOBBELEER. The shares are held by PERPETUAL (37.5%). It owns 100% of LEGAL OFFICE INTERNATIONAL itself.
Directors
According to the 2025 annual accounts
Shareholders
37.5%
Participations
Establishments
Establishment units
Physical locations of this company
Begijnenstraat 118-120
1080 Sint-Jans-Molenbeek
Reimond Stijnsstraat 3
1080 Sint-Jans-Molenbeek
Active since 1 November 1982
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
- 0421.925.650
- VAT number
- BE 0421.925.650
- Registered office
- Begijnenstraat 118-120, 1080 Sint-Jans-Molenbeek
- Names & denominations
- ATELIERS 118
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1981
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Handel in eigen onroerend goed