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BAT CONSTRUCT

Active
Private limited companyfounded 2021active for 4 yearsLt. Graffplein 15, 1780 Wemmel, Belgium475 active companies are registered at this addressKBO/BCE: BE 0777.960.190
Summary

The computed 12-month bankruptcy probability of BAT CONSTRUCT is 10.6% (high). The 2024 annual accounts show equity of €7,923 and a net result of €10,526. Equity is growing by about 133% per year across the filed financial years. Its solvency ranks better than 25% of 35,975 sector peers (NACE 43, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€33,474total assets 2024
Equity
€7,923
Profit
€10,526
Turnover not published (micro format)
Financial health
33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
10.6%
Structure
Accounts 83 days overdue1 of 2 deeds read
Why 33raises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 88 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 27-10-2025)Founded in 2021Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 56% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 49+49
equity 23.7% of total assets
Liquidity 15+15
short-term debt 76.3% · cash 5.1%
Profitability 100+100
return on assets 31.4%
Bankruptcy probability, 12 months
10.6% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,587 companies, NACE 43, micro)
Last 24 months 11-2024: 7.2% 12-2024: 7.2%● unchanged vs 11-2024 01-2025: 7.2%● unchanged vs 12-2024 02-2025: 7.2%● unchanged vs 01-2025 03-2025: 7.3%▲ +0.1 percentage points vs 02-2025 04-2025: 7.3%● unchanged vs 03-2025 05-2025: 7.3%● unchanged vs 04-2025 06-2025: 7.3%● unchanged vs 05-2025 07-2025: 8.6%▲ +1.3 percentage points vs 06-2025 08-2025: 8.6%● unchanged vs 07-2025 09-2025: 12.9%▲ +4.3 percentage points vs 08-2025 10-2025: 16.3%▲ +3.4 percentage points vs 09-2025highest value 11-2025: 5.2%▼ -11.1 percentage points vs 10-2025 12-2025: 5.0%▼ -0.2 percentage points vs 11-2025 01-2026: 5.0%● unchanged vs 12-2025lowest value 02-2026: 5.0%● unchanged vs 01-2026lowest value 03-2026: 5.1%▲ +0.1 percentage points vs 02-2026 04-2026: 6.1%▲ +1.0 percentage point vs 03-2026 05-2026: 6.7%▲ +0.6 percentage points vs 04-2026 06-2026: 7.0%▲ +0.3 percentage points vs 05-2026 07-2026: 6.7%▼ -0.3 percentage points vs 06-2026 08-2026: 7.2%▲ +0.5 percentage points vs 07-2026 09-2026: 7.6%▲ +0.4 percentage points vs 08-2026 10-2026: 10.6%▲ +3.0 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.55, compared with 0.76 in 2023, below 1; short-term debt: 76.3% and cash: 5.1% of total assets), and 76.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 25% on solvency, 8% on liquidity, 92% on profitability and 98% on growth.

The bankruptcy probability was computed on 21-10-2026 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.

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

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Signals

Six signals.
raises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 88 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 27-10-2025)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
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, 83 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline22-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
88 days late
2023
328 days late
2022
694 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 370 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Registered officeRegistered-office move · Power of…
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 22 October 2026.

Equity
€7,923
2023 · -€2,603
Total assets
€33,474▲ 311%
2023 · €8,142
Net result
€10,526
2023 · -€3,603
Working capital
-€11,495▼ 342%
2023 · -€2,603
Trend over the years

2022 to 2024, 3 financial years

The operating result returns to profit in 2024: €13,329 after a loss of €3,272 in 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€13,329 2024 Net result€10,526 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202220232024
Operating result-€3,272€13,329
Net result-€3,603below the sector's middle half€10,526within the sector's middle half
Equity€1,000below the sector's middle half--€2,603below the sector's middle half€7,923below the sector's middle half
Total assets€1,000below the sector's middle half-€8,142below the sector's middle half▲ 714%€33,474below the sector's middle half▲ 311%
Debt€10,745€25,551▲ 138%
Working capital-€2,603below the sector's middle half-€11,495below the sector's middle half▼ 342%
Solvency-32.0%below the sector's middle half23.7%within the sector's middle half▲ 55.6pp
Current ratio0.76below the sector's middle half0.55below the sector's middle half▼ 0.21
Return on assets (ROA)-44.3%below the sector's middle half31.4%above the sector's middle half▲ 75.7pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €33,474
Fixed assets €19,418
Current assets €14,056
Equity and liabilities €33,474
Equity €7,923
Debt €25,551
Debt finances 76.3% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€13,530
Cash flow
€10,728
Debt to equity
3.22
ROE
132.9%
Interest coverage
27.84
Debt ≤ 1 year
€25,551▲
2023 · €10,745
Income taxes
€2,317
Staff costs
€4
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€8,142€33,474▲
Fixed assets21/28-€19,418
Tangible fixed assets22/27-€1,140
Plant, machinery and equipment23-€1,140
Financial fixed assets28-€18,278
Current assets29/58€8,142€14,056▲
Amounts receivable within one year40/41€8,139€12,358▲
Trade receivables40€6,731€8,646▲
Other amounts receivable41€1,408€3,712▲
Cash at bank and in hand54/58€3€1,698▲
Equity and liabilities
Total equity and liabilities10/49€8,142€33,474▲
Equity10/15-€2,603€7,923▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€3,603€6,923▲
Amounts payable17/49€10,745€25,551▲
Amounts payable within one year42/48€10,745€25,551▲
Trade debts44€10,745€17,618▲
Suppliers440/4€10,745€17,618▲
Taxes, remuneration and social security45-€7,933
Taxes450/3-€7,933
Income statement Code20232024
Remuneration, social security and pensions62-€4
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€201
Other operating charges640/8€183€2,335▲
Gross operating margin9900-€3,089€15,869▲
Operating profit (loss)9901-€3,272€13,329▲
Financial charges65/66B€331€486▲
Recurring financial charges65€331€486▲
Profit (loss) for the period before taxes9903-€3,603€12,843▲
Income taxes67/77-€2,317
Profit (loss) for the period9904-€3,603€10,526▲
Profit (loss) for the period to be appropriated9905-€3,603€10,526▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,603€6,923▲
Profit (loss) brought forward from the previous period14P--€3,603

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Remuneration, social security and pensions62--€4-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€201-
Other operating charges640/8-€183€2,335▲ 1,176%
Gross operating margin9900--€3,089€15,869-
Operating profit (loss)9901--€3,272€13,329-
Financial charges65/66B-€331€486▲ 46.8%
Recurring financial charges65-€331€486▲ 46.8%
Profit (loss) for the period before taxes9903--€3,603€12,843-
Income taxes67/77--€2,317-
Profit (loss) for the period9904--€3,603€10,526-
Profit (loss) for the period to be appropriated9905--€3,603€10,526-
Line202220232024Change
Assets
Total assets20/58€1,000€8,142€33,474▲ 311%
Fixed assets21/28--€19,418-
Tangible fixed assets22/27--€1,140-
Plant, machinery and equipment23--€1,140-
Financial fixed assets28--€18,278-
Current assets29/58€1,000€8,142€14,056▲ 72.6%
Amounts receivable within one year40/41-€8,139€12,358▲ 51.8%
Trade receivables40-€6,731€8,646▲ 28.5%
Other amounts receivable41-€1,408€3,712▲ 164%
Cash at bank and in hand54/58€1,000€3€1,698▲ 57,667%
Equity and liabilities
Total equity and liabilities10/49€1,000€8,142€33,474▲ 311%
Equity10/15€1,000-€2,603€7,923-
Contributions10/11€1,000€1,000€1,000=
Profit (loss) carried forward14--€3,603€6,923-
Amounts payable17/49-€10,745€25,551▲ 138%
Amounts payable within one year42/48-€10,745€25,551▲ 138%
Trade debts44-€10,745€17,618▲ 64.0%
Suppliers440/4-€10,745€17,618▲ 64.0%
Taxes, remuneration and social security45--€7,933-
Taxes450/3--€7,933-
Line202220232024Change
Profit (loss) for the period9904--€3,603€10,526-
+ Depreciation and write-downs630--€201-
Operating cash flow (approximation)--€3,603€10,728-
Change in cash--€997€1,695-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2024 micro format 27-10-2025 2025-00549922
31-12-2023 micro format 24-06-2025 2025-00168137
31-12-2022 micro format 24-06-2025 2025-00168065

Similar companies · same sector, comparable size

Of the 15,149 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,362. 3,548 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 2 December 2021, BAT CONSTRUCT was incorporated as a private limited company.1 In 2025 the registered office moved to Wemmel.2 Total assets went from €1,000 in 2022 to €33,474 in 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-08-2025
  3. 3National Bank, annual accounts 2022 and 2024

Acts, filings and financial milestones

2025
27-10
NBB filing Annual accounts filed
financial year 2024 · micro format · 88 days late
27-08
Gazette deed Registered office
Registered-office move · Power of attorney2 facts ▸
  • Registered-office move, Plaats Luitenant Graff 15, 1780 Wemmel
  • Power of attorney, Ela Group Fiduciaire
24-06
NBB filing Annual accounts filed
financial year 2023 · micro format · 328 days late
24-06
NBB filing Annual accounts filed
financial year 2022 · micro format · 694 days late
12-06
Bankruptcy Judicial dissolution and immediate closure
Enterprise Court of Brussels · judgment of 06-06-2025
2024
31-12
Financial Back to profitnet €10,526
Net result €10,526 after one loss-making year.
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded02-12-2021
Financial year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
41001General construction of residential buildings
43110Demolition
43120Site preparation
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0777960190

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 21 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0777.960.190

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Wemmel · 1 establishment unit since 2022
registered office establishment The establishment unit on the map
Ground area
448 m²
Building footprint
443 m²
Building volume
4,297 m³
2 parcels, Flanders · tallest building 14.9 m. Linked by address, not a title deed.
475 companies at this address See who is registered here
1 establishment unit
BAT CONSTRUCT
Oudesmidsestraat 20, 1700 DilbeekOther specialised construction activities
since 2022unit no. 2.345.952.720
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
23016D0063/00W002 Flanders 300 m² 1 · 299 m² 12.6 m · 3
22662B0387/00R004 Flanders 147 m² 1 · 144 m² 14.9 m · 4
How the parcels are linked
Good to know
Both parcels match the address exactly.