AUROBAT
ActiveSummary
AUROBAT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €453k and a net result of €-45k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 53% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
59
/ 100
Fair
The figures in the accounts for fiscal year 2024 give a score of 59 on their own. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability14▼-10
Solvency60▼-28
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days only on tighter terms
Liquidity ample (current ratio 3.48 against 2.06 in 2023; short-term debt: 15.4% and cash: 5% of total assets), but 64.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
35.3%
Return on assets
-3.5%
Age of the figures
21 mo
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 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-45k
raises risk · Filed more than 90 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: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
126 d late
2023
112 d late
2022
74 d late
2021
31 d late
2020
61 d late
2019
118 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€453k▼ 9.1%
2023 · €498k
2018: €118k
2019: €34k▼ -71.2% vs 2018
2020: €25k▼ -26.5% vs 2019
2021: €18k▼ -26.9% vs 2020lowest in 7 years
2022: €540k▲ +2848% vs 2021highest in 7 years
2023: €498k▼ -7.7% vs 2022
2024: €453k▼ -9.1% vs 2023
2018 → 2024
Total assets
€1.28M▲ 61.8%
2023 · €793k
2018: €118klowest in 7 years
2019: €194k▲ +64.0% vs 2018
2020: €175k▼ -9.9% vs 2019
2021: €163k▼ -6.5% vs 2020
2022: €594k▲ +263% vs 2021
2023: €793k▲ +33.5% vs 2022
2024: €1.28M▲ +61.8% vs 2023highest in 7 years
2018 → 2024
Net result
€-45k▼ 8.7%
2023 · €-42k
2018: €-3k
2019: €52k▲ +1923% vs 2018
2020: €-9k▼ -117% vs 2019
2021: €-7k▲ +25.3% vs 2020
2022: €521k▲ +7827% vs 2021highest in 7 years
2023: €-42k▼ -108% vs 2022
2024: €-45k▼ -8.7% vs 2023lowest in 7 years
2018 → 2024
Working capital
€491k▲ 75.5%
2023 · €280k
2019: €167k
2020: €139k▼ -16.8% vs 2019
2021: €113k▼ -18.7% vs 2020lowest in 6 years
2022: €564k▲ +398% vs 2021highest in 6 years
2023: €280k▼ -50.3% vs 2022
2024: €491k▲ +75.5% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€18k▼ 26.9%€540k▲ 2,848%€498k▼ 7.7%€453k▼ 9.1%
2020: €25k
2021: €18k▼ -26.9% vs 2020lowest in 5 years
2022: €540k▲ +2848% vs 2021highest in 5 years
2023: €498k▼ -7.7% vs 2022
2024: €453k▼ -9.1% vs 2023
Operating result€-7k-€-5k▲ 29.2%€523k€-42k€-41k=
2020: €-7k
2021: €-5k▲ +29.2% vs 2020
2022: €523k▲ +10230% vs 2021highest in 5 years
2023: €-42k▼ -108% vs 2022lowest in 5 years
2024: €-41k● +0.0% vs 2023
Net result€-9k-€-7k▲ 25.3%€521k€-42k€-45k▼ 8.7%
2020: €-9k
2021: €-7k▲ +25.3% vs 2020
2022: €521k▲ +7827% vs 2021highest in 5 years
2023: €-42k▼ -108% vs 2022
2024: €-45k▼ -8.7% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €41k in 2024 against €42k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.28M
Fixed assets
€593k ▲ 139%
Current assets
€689k ▲ 26.6%
Equity and liabilities €1.28M
Equity
€453k ▼ 9.1%
Provisions
€29k ▼ 5.0%
Debt
€801k ▲ 203%
Debt's share of the balance-sheet total rises from 33.4% to 62.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-25k
Cash flow
€-29k
Current ratio
3.48▲
2023 · 2.06
Quick ratio
2.98▲
2023 · 2.06
Debt to equity
1.77▲
2023 · 0.53
ROE
-10.0%▼
2023 · -8.4%
ROA
-3.5%▲
2023 · -5.3%
Interest coverage
-4.81
Debt ≤ 1 year
€198k▼
2023 · €264k
Debt > 1 year
€603k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€793k€1.28M▲
Fixed assets21/28€248k€593k▲
Tangible fixed assets22/27€248k€593k▲
Land and buildings22€248k€593k▲
Current assets29/58€545k€689k▲
Stocks and contracts in progress3-€100k
Stocks30/36-€100k
Amounts receivable within one year40/41€544k€525k▼
Other amounts receivable41€544k€525k▼
Cash at bank and in hand54/58€443€64k▲
Equity and liabilities
Total equity and liabilities10/49€793k€1.28M▲
Equity10/15€498k€453k▼
Contributions10/11€19k€19k=
Reserves13€597k€587k▼
Tax-exempt reserves132€597k€587k▼
Profit (loss) carried forward14€-118k€-154k▼
Provisions and deferred taxes16€30k€29k▼
Deferred taxes168€30k€29k▼
Amounts payable17/49€264k€801k▲
Amounts payable after more than one year17-€603k
Financial debts170/4-€603k
Amounts payable within one year42/48€264k€198k▼
Trade debts44€243k€88k▼
Suppliers440/4€243k€88k▼
Other amounts payable47/48€21k€110k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€16k
Other operating charges640/8€14k€16k▲
Gross operating margin9900€-27k€-10k▲
Operating profit (loss)9901€-42k€-41k=
Financial charges65/66B€130€5k▲
Recurring financial charges65€130€5k▲
Profit (loss) for the period before taxes9903€-42k€-47k▼
Transfer from deferred taxes780-€2k
Profit (loss) for the period9904€-42k€-45k▼
Transfer from tax-exempt reserves789-€10k
Profit (loss) for the period to be appropriated9905€-42k€-36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-118k€-154k▼
Profit (loss) brought forward from the previous period14P€-77k€-118k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €5k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €16k | - |
| Other operating charges640/8 | - | €509 | €559 | €14k | €16k | ▲ 8.5% |
| Gross operating margin9900 | €-4k | €-5k | €524k | €-27k | €-10k | ▲ 64.2% |
| Operating profit (loss)9901 | €-7k | €-5k | €523k | €-42k | €-41k | = |
| Financial charges65/66B | - | €2k | €2k | €130 | €5k | ▲ 3,950% |
| Recurring financial charges65 | €2k | €2k | €2k | €130 | €5k | ▲ 3,950% |
| Profit (loss) for the period before taxes9903 | €-9k | €-7k | €521k | €-42k | €-47k | ▼ 12.3% |
| Transfer from deferred taxes780 | - | - | - | - | €2k | - |
| Profit (loss) for the period9904 | €-9k | €-7k | €521k | €-42k | €-45k | ▼ 8.7% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €10k | - |
| Transfer to tax-exempt reserves689 | - | - | €525k | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €-9k | €-7k | €-4k | €-42k | €-36k | ▲ 14.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €175k | €163k | €594k | €793k | €1.28M | ▲ 61.8% |
| Fixed assets21/28 | €6k | €6k | €6k | €248k | €593k | ▲ 139% |
| Tangible fixed assets22/27 | €6k | €6k | €6k | €248k | €593k | ▲ 139% |
| Land and buildings22 | - | €6k | €6k | €248k | €593k | ▲ 139% |
| Plant, machinery and equipment23 | - | - | €0 | - | - | - |
| Current assets29/58 | €169k | €157k | €588k | €545k | €689k | ▲ 26.6% |
| Stocks and contracts in progress3 | - | - | - | - | €100k | - |
| Stocks30/36 | - | - | - | - | €100k | - |
| Amounts receivable within one year40/41 | €166k | €155k | €586k | €544k | €525k | ▼ 3.5% |
| Other amounts receivable41 | - | €155k | €586k | €544k | €525k | ▼ 3.5% |
| Cash at bank and in hand54/58 | €2k | €3k | €2k | €443 | €64k | ▲ 14,426% |
| Deferred charges and accrued income490/1 | - | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €175k | €163k | €594k | €793k | €1.28M | ▲ 61.8% |
| Equity10/15 | €25k | €18k | €540k | €498k | €453k | ▼ 9.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €72k | €72k | €597k | €597k | €587k | ▼ 1.6% |
| Tax-exempt reserves132 | - | €72k | €597k | €597k | €587k | ▼ 1.6% |
| Profit (loss) carried forward14 | €-66k | €-73k | €-77k | €-118k | €-154k | ▼ 30.1% |
| Provisions and deferred taxes16 | €30k | €30k | €30k | €30k | €29k | ▼ 5.0% |
| Deferred taxes168 | - | €30k | €30k | €30k | €29k | ▼ 5.0% |
| Amounts payable17/49 | €120k | €115k | €24k | €264k | €801k | ▲ 203% |
| Amounts payable after more than one year17 | €90k | €71k | - | - | €603k | - |
| Financial debts170/4 | - | €71k | - | - | €603k | - |
| Amounts payable within one year42/48 | €30k | €44k | €24k | €264k | €198k | ▼ 25.2% |
| Current portion of amounts payable after more than one year42 | - | €19k | - | - | - | - |
| Trade debts44 | - | €944 | €3k | €243k | €88k | ▼ 63.7% |
| Suppliers440/4 | - | €944 | €3k | €243k | €88k | ▼ 63.7% |
| Other amounts payable47/48 | - | €24k | €21k | €21k | €110k | ▲ 421% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-7k | €521k | €-42k | €-45k | ▼ 8.7% |
| + Depreciation and write-downs630 | - | - | - | - | €16k | - |
| Operating cash flow (approximation) | €-9k | €-7k | €521k | €-42k | €-29k | ▲ 30.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-242k | €-361k | ▼ 49.3% |
| Change in cash | - | €308 | €-619 | €-2k | €64k | ▲ 4,000% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
04-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 126 days late
2024
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series.
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 112 days late
2023
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 74 days late
2022
31-12
Financial
Back to profitnet €521k
Net result €521k after 2 loss-making years.
31-12
Financial
Liquidity times 7current ratio 24.42
Current ratio from 3.56 to 24.42; short-term debt falls from €44k to €24k.
31-12
Financial
Equity above €500kEq €540k ▲2,848%
Equity rises from €18k to €540k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
31-12
Financial
Back to profitnet €52k
Net result €52k after one loss-making year.
07-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 99 days late
Show earlier events
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Binche
Ground area
1,297 m²
Building footprint
230 m²
Volume, LiDAR
1,241 m³
Parcel 56014A0058/00T000, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56014A0058/00T000 | Wallonia | 1,297 m² | 1 · 229 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CITA BELGIQUE
BE 0830.839.939
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MEAT - IMPEX
BE 0421.228.636
Kapellen · Eq €452,479
HELLO IMMO
BE 0443.289.604
Pecq · Eq €453,439
LINOVERDE
BE 0809.446.489
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SG INVESTMENTS
BE 0500.591.561
Balen · Eq €451,630
Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 4,424 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded25-04-1991
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Scores and ratios are computed by Checked and are not a credit decision.