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AUROBAT

Active Private limited company (pre-2019)founded 1991active for 35 yearsRue de Merbes 210, 7133 BincheKBO/BCE: BE 0444.058.377 #5 oldest company in Binche, Real estate sector

Lifetime

19 annual accounts with figures on one time axis, 21 filings since 2001
peak €523,559 (2022)
-€9,688▲ €17,345
lowest -€45,267 (2024)
-€45,267▼ €3,622
peak €539,531 (2022)
€452,620▼ 9.1%
€801,232▲ 203%
Board2 names since 2019
1 directorP MAT
Owners
  
Documentsfilings and deeds
04-12-2025126 days late
2024micro format
Gross margin from -€27,032 to -€9,688Loss of €45,267Debts from €264,481 to €801,232Investments €361,335Cash from €443 to €64,291

Key points

from the 2024 annual accounts

Losses

-€86,912 in two years
-41,6452023-45,2672024

The 2023 and 2024 financial years closed with a loss. 2024 was the heaviest.

Investments

€403,335 25.1 × depreciation

Green is investment, beige is depreciation. Land and buildings stand 139.2% higher than in 2023.

Filings

21 annual accounts 102 days past the deadline
AprilJune31 JulyOctober20102020

2025 accounts not filed: deadline was 31-07-2026.

Turnover not published (micro format)

Checked score

55
Fair
Financially stronger than 40% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.8% 01-2025: 2.8%● unchanged vs 12-2024 02-2025: 2.8%● unchanged vs 01-2025 03-2025: 2.8%● unchanged vs 02-2025 04-2025: 2.7%▼ -0.1 percentage points vs 03-2025 05-2025: 2.6%▼ -0.1 percentage points vs 04-2025 06-2025: 2.4%▼ -0.2 percentage points vs 05-2025 07-2025: 2.7%▲ +0.3 percentage points vs 06-2025 08-2025: 3.4%▲ +0.7 percentage points vs 07-2025 09-2025: 3.6%▲ +0.2 percentage points vs 08-2025 10-2025: 4.5%▲ +0.9 percentage points vs 09-2025 11-2025: 4.7%▲ +0.2 percentage points vs 10-2025 12-2025: 5.6%▲ +0.9 percentage points vs 11-2025highest value 01-2026: 0.6%▼ -5.0 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.5%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026 10-2026: 1.4%▲ +0.4 percentage points vs 09-2026 11-2026: 1.4%● unchanged vs 10-2026

Financial strength
Weak

60-28equity 35.3% of total assets
53+18short-term debt 15.4% · cash 5.0%
14-10return on assets -3.5%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 10-12-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 126 days late; 3 of the last 3 accounts late
No registered site in the KBO
lowers risk
Founded in 1991
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 53% of them on solvency, 61% on liquidity, 16% on profitability and 29% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 8,617 companies had the same profile as AUROBAT has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of AUROBAT itself is higher: 1.4% within 12 months. It rests on far more data about AUROBAT than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 8,617 companies, not a prediction for AUROBAT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €24,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is ample, with a current ratio of 3.48 (2.06 in 2023), above the usual 1.5. Short-term debt is 15.4% and cash 5% of total assets. However, 64.7% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 10-12-2025)
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 126 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€45,267
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 126 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-12-2025, 126 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
126 days late
2023
112 days late
2022
74 days late
2021
31 days late
2020
61 days late
2019
118 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 87 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PM
Manager, BLAIRON Edwin Robert Fernand
Board & ownership

Recent changes

Capital decrease of €136,000 to €19,429.24 Capital from €155,429.24 to €19,429.24 · General meeting of 03-05-2019 · Gazette deed
Registered office moved from La Louvière to Binche New registered office: Rue de Merbes 210, 7133 Binche (Buvrinnes) · Previous registered office: Rue de la Poterie Monseu 30, 7100 La Louvière · Resignation: ZANOTTI Guerrino (manager) · General meeting of 26-12-2018 · Gazette deed
Incorporation published on 22-05-1991 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
AUROBAT Binche €1.3m -€9,688 35.3% -
D.R. Zoersel €1.2m -€10,759 40.7% -
DAMJAL Aarschot €1.4m -€31,894 59.0% -
PARKIMO Saint-Josse-ten-Noode €1.1m €1,082 57.0% -
BUREAU D'ETUDES ET DE GESTION IMMOBILIERE ET MOBILIERE Nivelles €1.1m -€11,413 3.1% -
RIFRAR Linkebeek €1.4m -€34,646 84.8% -
ALDIAL Kortemark €1.6m -€42,355 50.2% -

These companies have the same main activity as AUROBAT: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1.1m and €1.6m, founded between 1985 and 1992.

Official details

Source: KBO
Status
Active since 25-04-1991Normal situation
Registered office
10 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
Activity
Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 1 other
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2024

€1.3m▲ 61.8%
Filing
Filed on 04-12-2025
Financials

Insights on AUROBAT

AUROBAT files the micro format. That format states no turnover. The gross margin fell from €2,265 in 2006 to -€9,688 in 2024.

The balance sheet grew most from 2022 to 2024 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AUROBAT

What is the company number of AUROBAT?
The company number of AUROBAT is 0444.058.377. The VAT number is the same number with BE in front: BE 0444.058.377.
Where is AUROBAT based?
The registered office is at Rue de Merbes 210, 7133 Binche.Company details
What does AUROBAT do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of AUROBAT?
AUROBAT is a private limited company (pre-2019) (BVBA).
When was AUROBAT founded?
AUROBAT was founded on 25-04-1991.
Is AUROBAT still active?
Yes, AUROBAT is an active enterprise in the KBO register.
What is the turnover of AUROBAT?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is AUROBAT profitable?
In financial year 2024, AUROBAT made a loss of €45,267.
Where can I find the annual accounts of AUROBAT?
AUROBAT filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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