BATALJON
ActiveSummary
BATALJON has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €18,600 and a net result of €33,840. Equity is shrinking by ~21.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 20% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency40=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.9 against 1.03 in 2023; short-term debt: 61.4% and cash: 22.3% of total assets), and 84.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
15.3%
Return on assets
27.9%
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8969 sector peers (2024).
NBB · sector comparisonPosition among 8969 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
54 d early
2022
52 d early
2021
48 d early
2020
50 d early
2019
51 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 52 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€18,600=
2023 · €18,600
Total assets
€121,380▼ 1.9%
2023 · €123,695
Net result
€33,840▲ 8.6%
2023 · €31,149
Working capital
-€7,610
2023 · €1,963
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€90,758▲ 54.4%€109,615▲ 20.8%€42,977▼ 60.8%€47,568▲ 10.7%€51,259▲ 7.8%
Net result€71,337above the sector's middle half▲ 61.2%€94,851above the sector's middle half▲ 33.0%€31,192within the sector's middle half▼ 67.1%€31,149within the sector's middle half▼ 0.1%€33,840within the sector's middle half▲ 8.6%
Equity€187,825above the sector's middle half▲ 61.2%€39,290within the sector's middle half▼ 79.1%€51,652within the sector's middle half▲ 31.5%€18,600within the sector's middle half▼ 64.0%€18,600within the sector's middle half=
Total assets€220,930within the sector's middle half▲ 47.2%€164,427within the sector's middle half▼ 25.6%€83,313within the sector's middle half▼ 49.3%€123,695within the sector's middle half▲ 48.5%€121,380within the sector's middle half▼ 1.9%
Debt€33,106▼ 1.6%€125,137▲ 278%€31,661▼ 74.7%€105,095▲ 232%€102,780▼ 2.2%
Working capital€166,477above the sector's middle half▲ 72.3%€24,404within the sector's middle half▼ 85.3%€45,010within the sector's middle half▲ 84.4%€1,963within the sector's middle half▼ 95.6%-€7,610below the sector's middle half
Solvency85.0%above the sector's middle half▲ 7.4pp23.9%within the sector's middle half▼ 61.1pp62.0%within the sector's middle half▲ 38.1pp15.0%below the sector's middle half▼ 47.0pp15.3%below the sector's middle half▲ 0.3pp
Current ratio6.59above the sector's middle half▲ 0.231.20within the sector's middle half▼ 5.392.57within the sector's middle half▲ 1.371.03below the sector's middle half▼ 1.540.90below the sector's middle half▼ 0.13
Return on assets (ROA)32.3%above the sector's middle half▲ 2.8pp57.7%above the sector's middle half▲ 25.4pp37.4%above the sector's middle half▼ 20.2pp25.2%within the sector's middle half▼ 12.3pp27.9%above the sector's middle half▲ 2.7pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 8% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €121,380
Fixed assets
€54,432 ▼ 3.2%
Current assets
€66,947 ▼ 0.8%
Equity and liabilities €121,380
Equity
€18,600 =
Debt
€102,780 ▼ 2.2%
Debt's share of the balance-sheet total falls from 85.0% to 84.7%. Debt is lower.
Key figures and ratios
EBITDA
€54,567▲
2023 · €50,892
Cash flow
€37,149▲
2023 · €34,474
Debt to equity
5.53▼
2023 · 5.65
ROE
181.9%▲
2023 · 167.5%
Interest coverage
26.01▼
2023 · 37.33
Debt ≤ 1 year
€74,558▲
2023 · €65,493
Debt > 1 year
€27,283▼
2023 · €36,994
Income taxes
€15,657▲
2023 · €15,165
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,053 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2,694 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,197 | €12,782 | €14,010 | €3,325 | €3,308 | ▼ 0.5% |
| Other operating charges640/8 | - | €2,116 | €3,128 | €1,556 | €2,325 | ▲ 49.5% |
| Gross operating margin9900 | €106,130 | €124,513 | €60,115 | €52,448 | €56,892 | ▲ 8.5% |
| Operating profit (loss)9901 | €90,758 | €109,615 | €42,977 | €47,568 | €51,259 | ▲ 7.8% |
| Financial income75/76B | - | €11,659 | €246 | €110 | €336 | ▲ 207% |
| Recurring financial income75 | €2,394 | €11,659 | €246 | €110 | €336 | ▲ 207% |
| Financial charges65/66B | - | €388 | €277 | €1,363 | €2,098 | ▲ 53.9% |
| Recurring financial charges65 | €515 | €388 | €277 | €1,363 | €2,098 | ▲ 53.9% |
| Profit (loss) for the period before taxes9903 | €92,636 | €120,886 | €42,946 | €46,314 | €49,497 | ▲ 6.9% |
| Income taxes67/77 | €21,299 | €26,034 | €11,754 | €15,165 | €15,657 | ▲ 3.2% |
| Profit (loss) for the period9904 | €71,337 | €94,851 | €31,192 | €31,149 | €33,840 | ▲ 8.6% |
| Profit (loss) for the period to be appropriated9905 | €71,337 | €94,851 | €31,192 | €31,149 | €33,840 | ▲ 8.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €220,930 | €164,427 | €83,313 | €123,695 | €121,380 | ▼ 1.9% |
| Fixed assets21/28 | €24,693 | €17,313 | €9,563 | €56,239 | €54,432 | ▼ 3.2% |
| Tangible fixed assets22/27 | €24,615 | €17,236 | €9,486 | €6,161 | €4,355 | ▼ 29.3% |
| Plant, machinery and equipment23 | - | €5,059 | €4,755 | €2,654 | €782 | ▼ 70.5% |
| Furniture and vehicles24 | - | €10,959 | - | - | €0 | - |
| Other tangible fixed assets26 | - | €1,218 | €4,731 | €3,507 | €3,573 | ▲ 1.9% |
| Financial fixed assets28 | €77 | €77 | €77 | €50,077 | €50,077 | = |
| Current assets29/58 | €196,238 | €147,114 | €73,750 | €67,457 | €66,947 | ▼ 0.8% |
| Amounts receivable within one year40/41 | €2,215 | €22,013 | €26,220 | €20,103 | €21,823 | ▲ 8.6% |
| Trade receivables40 | - | €17,142 | €17,741 | €16,857 | €21,823 | ▲ 29.5% |
| Other amounts receivable41 | - | €4,871 | €8,479 | €3,246 | - | - |
| Current investments50/53 | €46,340 | €6,000 | €18,171 | €6,000 | €18,027 | ▲ 200% |
| Cash at bank and in hand54/58 | €145,459 | €119,101 | €29,359 | €41,353 | €27,098 | ▼ 34.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €220,930 | €164,427 | €83,313 | €123,695 | €121,380 | ▼ 1.9% |
| Equity10/15 | €187,825 | €39,290 | €51,652 | €18,600 | €18,600 | = |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €181,625 | €20,690 | €33,052 | - | - | - |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €18,830 | €33,052 | - | - | - |
| Amounts payable17/49 | €33,106 | €125,137 | €31,661 | €105,095 | €102,780 | ▼ 2.2% |
| Amounts payable after more than one year17 | €3,137 | - | - | €36,994 | €27,283 | ▼ 26.3% |
| Financial debts170/4 | - | - | - | €36,994 | €27,283 | ▼ 26.3% |
| Amounts payable within one year42/48 | €29,761 | €122,710 | €28,739 | €65,493 | €74,558 | ▲ 13.8% |
| Current portion of amounts payable after more than one year42 | - | €3,137 | - | €9,269 | €9,711 | ▲ 4.8% |
| Trade debts44 | €147 | €3,269 | €2,291 | €1,095 | €2,307 | ▲ 111% |
| Suppliers440/4 | - | €3,269 | €2,291 | €1,095 | €2,307 | ▲ 111% |
| Taxes, remuneration and social security45 | - | €21,453 | €7,618 | €22,987 | €24,286 | ▲ 5.7% |
| Taxes450/3 | - | €21,453 | €7,618 | €22,987 | €24,286 | ▲ 5.7% |
| Other amounts payable47/48 | - | €94,851 | €18,830 | €32,142 | €38,253 | ▲ 19.0% |
| Accrued charges and deferred income492/3 | - | €2,427 | €2,922 | €2,608 | €939 | ▼ 64.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €71,337 | €94,851 | €31,192 | €31,149 | €33,840 | ▲ 8.6% |
| + Depreciation and write-downs630 | €13,197 | €12,782 | €14,010 | €3,325 | €3,308 | ▼ 0.5% |
| Operating cash flow (approximation) | €84,534 | €107,634 | €45,202 | €34,474 | €37,149 | ▲ 7.8% |
| Investment in fixed assets (approximation) | - | -€5,402 | -€6,261 | -€50,000 | -€1,502 | ▲ 97.0% |
| Change in cash | - | -€26,358 | -€89,743 | €11,995 | -€14,256 | ▼ 219% |
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
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €31,149 ▼0.1%
Net result drops to €31,149, the lowest in the series; recovery starts the following year.
05-09
State Gazette act
General meeting · Director resignation
Director reappointment · Permanent representative
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 2.57
Current ratio from 1.20 to 2.57; short-term debt falls from €122,710 to €28,739.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €94,851 ▲33%
Operating result €109,615, net result €94,851, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150,000Eq €187,825 ▲61.2%
3 profitable years in a row build equity to €187,825.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100,000Eq €116,488 ▲61.2%
2 profitable years in a row build equity to €116,488.
Show earlier events
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
13-12
State Gazette act
General meeting · Director appointment
Permanent representative · Mandate compensation
08-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Schilde · 1 establishment unit since 2014
Ground area
2,511 m²
Building footprint
253 m²
Volume, LiDAR
1,265 m³
Parcel 11039A0504/00F005, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bataljon
since 20142.229.889.349
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039A0504/00F005 | Flanders | 2,510 m² | 1 · 253 m² | 8.9 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.
Structure & network
Connections & network
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 4,619 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
Founded28-03-2014
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
Contact
E-mail
evertvermeire@gmail.com
Phone
0479591430
E-invoicing
Reachable via Peppol
Peppol ID
0208:0549886763
Also
9925:BE0549886763
Registered
07-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.