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 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ATHAE from Trooz, company number BE0806435135, closed financial year 2025 with a result of € -826 after tax. For that financial year ATHAE recorded a gross margin of € -671 and equity of € -1,881. Compared with financial year 2024, the result moved from € -710 to € -826. 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 August 31, 2026.
€ -1,881
▼ € 826 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -826
▼ 16 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,250
▲ € 2,042 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8,081.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 12,100
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -57 | € -63 | € -526 | € -671 | ▼ € 145 |
| Profit after taxes | € -57 | € -63 | € -710 | € -826 | ▼ € 116 |
| Equity | € -282 | € -345 | € -1,055 | € -1,881 | ▼ € 826 |
| Total debts | € 282 | € 12,445 | € 13,460 | € 14,131 | ▲ 5% |
| Cash | - | - | € 208 | € 2,250 | ▲ € 2,042 |
| Retained profit | € -6,482 | € -6,545 | € -7,255 | € -8,081 | ▼ € 826 |
| Balance sheet total | € 0 | € 12,100 | € 12,405 | € 12,250 | ▼ 1% |
Key figures of ATHAE, 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 ATHAE?
What happened at ATHAE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 826. filed late Source: NBB ↗
- Emmanuel NEALE became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Sprimont. KBO
In short
From € 57 loss in 2022 to € 826 loss in 2025.
Management
Behind ATHAE is Emmanuel NEALE.
Directors
According to the 2025 annual accounts
Emmanuel NEALE
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Rue Sur le Batty 113
4870 Trooz
Rue de la Chera(LVG) 11
4141 Sprimont
Active since 11 September 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0806.435.135
- VAT number
- BE 0806.435.135
- Registered office
- Rue Sur le Batty 113, 4870 Trooz
- Names & denominations
- ATHAE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2008
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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