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 57 % of short-term debt in 2026; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2026
KGK Atlass from Antwerpen, company number BE0435937103, closed financial year 2026 with a result of € 323,808 after tax. For that financial year KGK Atlass recorded revenue of € 11.9 million and equity of € 7.3 million. Compared with financial year 2025, the result moved from € 456,495 to € 323,808. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 26, 2026.
€ 7.3 million
▲ 5% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 323,808
▼ 29% vs 2025
Profit after tax over the fiscal year.
€ 1.2 million
▲ € 988,934 vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 7.3 million.
People and assets in 2026
€ 2,599
▼ 63% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,114
▼ 51% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 434,858
▼ 6% vs 2025
Loans from banks and other lenders, long and short.
€ 10.5 million
▲ 54% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 350 days on average.
€ 2,196
▲ 35% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 6,963,400 | € 11,911,983 | ▲ 71% |
| Gross margin | € 6,739,775 | € 120,970 | - | - | |
| Profit after taxes | € 5,209,552 | € 26,049 | € 456,495 | € 323,808 | ▼ 29% |
| Equity | € 6,529,716 | € 6,555,765 | € 7,012,260 | € 7,336,068 | ▲ 5% |
| Total debts | € 5,368,122 | € 9,875,528 | € 7,330,865 | € 10,905,970 | ▲ 49% |
| Cash | € 84,217 | € 415,209 | € 176,399 | € 1,165,333 | ▲ € 988,934 |
| Retained profit | € 6,511,124 | € 6,537,173 | € 6,993,668 | € 7,317,476 | ▲ 5% |
| Bank debt | € 459,770 | € 462,492 | € 462,321 | € 434,858 | ▼ 6% |
| Balance sheet total | € 11,897,838 | € 16,431,293 | € 14,343,124 | € 18,242,038 | ▲ 27% |
| Employees (FTE) | 1 | 0 | - | - |
Key figures of KGK Atlass, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to KGK Atlass?
What happened at KGK Atlass in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 323,808 (▼ 29% vs 2025). Source: NBB ↗
- Kelly Atlass became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 5.2 million profit in 2023 to € 323,808 profit in 2026.
Paid € 143,546 in corporate taxes since 2023.
Best year ever: 2023, with € 5.2 million profit.
On average € 6.7 million of value added per employee in 2023.
Management
Behind KGK Atlass are Kelly Atlass and Romain Leon Atlass. The shares are held by Gem Style (HK) Limited (50%) and Romain Leon Atlass (50%). It owns 50% of Horowitz&Atlass LLC itself.
Directors
According to the 2026 annual accounts
since 2022
Shareholders
Gem Style (HK) Limited
50%
Romain Leon Atlass · director
50%
Participations
Horowitz&Atlass LLC
50%
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 2
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0435.937.103
- VAT number
- BE 0435.937.103
- Registered office
- Hoveniersstraat 2, 2018 Antwerpen
- Names & denominations
- KGK Atlass
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 1988
- Peppol
- Active · Active since 2 Aug 2024
- Activities · NACE
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