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Batelex

Active
Private limited companyfounded 201610 yrs activeAvenue Bel Horizon 11, 1341 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0656.665.254
Summary

Batelex has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,915 and a net result of €1,155. Equity is growing by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability21▼-52
Solvency74▼-15
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.89 against 2.54 in 2024; short-term debt: 50.7% and cash: 21.4% of total assets), but 50.7% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
49.3%
Return on assets
1.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
31 d late
2024
34 d early
2023
22 d late
2022
28 d late
2021
52 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 August (4 of the last 5 filed years within 57 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Batelex was incorporated on 20 May 2016.1 Total assets rose from EUR 58,898 in 2021 to EUR 76,834 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€37,915▲ 3.1%
2024 · €36,761
Total assets
€76,834▲ 33.0%
2024 · €57,784
Net result
€1,155▼ 94.3%
2024 · €20,181
Working capital
€34,797▲ 7.4%
2024 · €32,405
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20212022202320242025
Operating result€21,046--€1,418€2,631€2,152▼ 18.2%-€10,598
Net result€16,644within the sector's middle half--€2,608below the sector's middle half€1,077within the sector's middle half€20,181within the sector's middle half▲ 1,774%€1,155within the sector's middle half▼ 94.3%
Equity€18,110below the sector's middle half-€15,503below the sector's middle half▼ 14.4%€16,579below the sector's middle half▲ 6.9%€36,761within the sector's middle half▲ 122%€37,915within the sector's middle half▲ 3.1%
Total assets€58,898below the sector's middle half-€50,341below the sector's middle half▼ 14.5%€35,335below the sector's middle half▼ 29.8%€57,784below the sector's middle half▲ 63.5%€76,834within the sector's middle half▲ 33.0%
Debt€40,788-€34,839▼ 14.6%€18,756▼ 46.2%€21,024▲ 12.1%€38,919▲ 85.1%
Working capital-€9,717below the sector's middle half-€7,825within the sector's middle half€11,075within the sector's middle half▲ 41.5%€32,405within the sector's middle half▲ 193%€34,797within the sector's middle half▲ 7.4%
Solvency30.7%within the sector's middle half-30.8%within the sector's middle half=46.9%within the sector's middle half▲ 16.1pp63.6%within the sector's middle half▲ 16.7pp49.3%within the sector's middle half▼ 14.3pp
Current ratio0.57below the sector's middle half-1.22within the sector's middle half▲ 0.661.59within the sector's middle half▲ 0.372.54within the sector's middle half▲ 0.951.89within the sector's middle half▼ 0.65
Return on assets (ROA)28.3%above the sector's middle half--5.2%below the sector's middle half▼ 33.4pp3.0%within the sector's middle half▲ 8.2pp34.9%above the sector's middle half▲ 31.9pp1.5%within the sector's middle half▼ 33.4pp
Staff (FTE)0.3-
above within below the middle half (P25 to P75) of NACE 43, Specialised construction 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
-€20,000-€10,000€0€10,000€20,000Operating result 2021: €21,046€21,046Net result 2021: €16,644€16,644Operating result 2022: -€1,418-€1,418Net result 2022: -€2,608-€2,608Operating result 2023: €2,631€2,631Net result 2023: €1,077€1,077Operating result 2024: €2,152€2,152Net result 2024: €20,181€20,181Operating result 2025: -€10,598-€10,598Net result 2025: €1,155€1,15520212022202320242025-€20,000-€10,000€0€10,000€20,000Operating result 2023: €2,631€2,630Net result 2023: €1,077€1,080Operating result 2024: €2,152€2,150Net result 2024: €20,181€20,200Operating result 2025: -€10,598-€10,600Net result 2025: €1,155€1,150202320242025
The operating result turns negative in 2025: a loss of €10,598 after €2,152 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76,834
Fixed assets €3,119 ▼ 28.4%
Current assets €73,716 ▲ 38.0%
Equity and liabilities €76,834
Equity €37,915 ▲ 3.1%
Debt €38,919 ▲ 85.1%
Debt's share of the balance-sheet total rises from 36.4% to 50.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€8,616▼
2024 · €4,708
Cash flow
€3,137▼
2024 · €22,738
Debt to equity
1.03▲
2024 · 0.57
ROE
3.0%▼
2024 · 54.9%
Interest coverage
-2.45▼
2024 · 2.81
Debt ≤ 1 year
€38,919▲
2024 · €21,024
Income taxes
€168▼
2024 · €413
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.6% went bankrupt
4.0% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 10,905 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€57,784€76,834▲
Fixed assets21/28€4,356€3,119▼
Tangible fixed assets22/27€2,956€1,719▼
Plant, machinery and equipment23€426€220▼
Furniture and vehicles24€2,530€1,499▼
Financial fixed assets28€1,400€1,400=
Current assets29/58€53,428€73,716▲
Amounts receivable within one year40/41€45,009€56,322▲
Trade receivables40€29,079€54,299▲
Other amounts receivable41€15,930€2,022▼
Cash at bank and in hand54/58€6,066€16,425▲
Deferred charges and accrued income490/1€2,353€969▼
Equity and liabilities
Total equity and liabilities10/49€57,784€76,834▲
Equity10/15€36,761€37,915▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€35,761€36,915▲
Amounts payable17/49€21,024€38,919▲
Amounts payable within one year42/48€21,024€38,919▲
Trade debts44€6,959€35,122▲
Suppliers440/4€6,959€35,122▲
Taxes, remuneration and social security45€2,458€1,848▼
Taxes450/3€628€0▼
Remuneration and social security454/9€1,830€1,848▲
Other amounts payable47/48€11,607€1,949▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,556€1,982▼
Other operating charges640/8€525€3,552▲
Gross operating margin9900€5,233-€5,065▼
Operating profit (loss)9901€2,152-€10,598▼
Financial income75/76B€20,116€15,430▼
Recurring financial income75€20,116€15,430▼
Financial charges65/66B€1,673€3,510▲
Recurring financial charges65€1,673€3,510▲
Profit (loss) for the period before taxes9903€20,595€1,323▼
Income taxes67/77€413€168▼
Profit (loss) for the period9904€20,181€1,155▼
Profit (loss) for the period to be appropriated9905€20,181€1,155▼
Appropriation of the result
Profit (loss) to be appropriated9906€35,761€36,915▲
Profit (loss) brought forward from the previous period14P€15,579€35,761▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€1,789----
Remuneration, social security and pensions62€21,629€1,370----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€787€2,178€2,454€2,556€1,982▼ 22.5%
Other operating charges640/8€1,321€15,592€1,012€525€3,552▲ 576%
Non-recurring operating charges66A-€302----
Gross operating margin9900€44,783€18,022€6,096€5,233-€5,065▼ 197%
Operating profit (loss)9901€21,046-€1,418€2,631€2,152-€10,598▼ 593%
Financial income75/76B€2€1€3€20,116€15,430▼ 23.3%
Recurring financial income75€2€1€3€20,116€15,430▼ 23.3%
Financial charges65/66B€1,174€833€862€1,673€3,510▲ 110%
Recurring financial charges65€1,174€833€862€1,673€3,510▲ 110%
Profit (loss) for the period before taxes9903€19,874-€2,250€1,772€20,595€1,323▼ 93.6%
Income taxes67/77€3,230€357€695€413€168▼ 59.4%
Profit (loss) for the period9904€16,644-€2,608€1,077€20,181€1,155▼ 94.3%
Profit (loss) for the period to be appropriated9905€16,644-€2,608€1,077€20,181€1,155▼ 94.3%
Line20212022202320242025Change
Assets
Total assets20/58€58,898€50,341€35,335€57,784€76,834▲ 33.0%
Fixed assets21/28€46,188€7,677€5,504€4,356€3,119▼ 28.4%
Tangible fixed assets22/27€44,788€6,277€4,104€2,956€1,719▼ 41.8%
Plant, machinery and equipment23€1,824€2,157€1,239€426€220▼ 48.4%
Furniture and vehicles24€42,964€4,120€2,865€2,530€1,499▼ 40.7%
Financial fixed assets28€1,400€1,400€1,400€1,400€1,400=
Current assets29/58€12,710€42,664€29,831€53,428€73,716▲ 38.0%
Amounts receivable within one year40/41€6,268€15,636€17,410€45,009€56,322▲ 25.1%
Trade receivables40€6,268€14,993-€29,079€54,299▲ 86.7%
Other amounts receivable41€0€643€17,410€15,930€2,022▼ 87.3%
Cash at bank and in hand54/58€6,442€14,440€12,318€6,066€16,425▲ 171%
Deferred charges and accrued income490/1€0€12,588€102€2,353€969▼ 58.8%
Equity and liabilities
Total equity and liabilities10/49€58,898€50,341€35,335€57,784€76,834▲ 33.0%
Equity10/15€18,110€15,503€16,579€36,761€37,915▲ 3.1%
Contributions10/11€1,000€1,000€1,000€1,000€1,000=
Profit (loss) carried forward14€17,110€14,503€15,579€35,761€36,915▲ 3.2%
Amounts payable17/49€40,788€34,839€18,756€21,024€38,919▲ 85.1%
Amounts payable after more than one year17€18,361-----
Financial debts170/4€18,361-----
Amounts payable within one year42/48€22,427€34,839€18,756€21,024€38,919▲ 85.1%
Current portion of amounts payable after more than one year42€7,386-----
Trade debts44€5,735€15,689€1,865€6,959€35,122▲ 405%
Suppliers440/4€5,735€15,689€1,865€6,959€35,122▲ 405%
Taxes, remuneration and social security45€9,083€6,701€4,879€2,458€1,848▼ 24.8%
Taxes450/3€5,575€4,784€2,564€628€0▼ 100%
Remuneration and social security454/9€3,508€1,917€2,314€1,830€1,848▲ 1.0%
Other amounts payable47/48€222€12,449€12,012€11,607€1,949▼ 83.2%
Line20212022202320242025Change
Profit (loss) for the period9904€16,644-€2,608€1,077€20,181€1,155▼ 94.3%
+ Depreciation and write-downs630€787€2,178€2,454€2,556€1,982▼ 22.5%
Operating cash flow (approximation)€17,432-€430€3,530€22,738€3,137▼ 86.2%
Investment in fixed assets (approximation)-€36,333-€281-€1,408-€745▲ 47.1%
Change in cash-€7,999-€2,122-€6,252€10,359▲ 266%

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

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2021net €20,181 ▲1,774%
Net result €20,181, the highest in the series.
22-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial Back to profitnet €1,077
Net result €1,077 after one loss-making year.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial Weakest financial yearnet -€2,608
Net result drops to -€2,608, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 1.22
Current ratio from 0.57 to 1.22.
09-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
559 m²
Building footprint
110 m²
Volume, LiDAR
577 m³
Parcel 25016A0176/00V000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Batelex
Avenue Bel Horizon 11, 1341 Ottignies-Louvain-la-NeuveConstruction of residential and non-residential buildings
since 20162.254.672.354
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25016A0176/00V000 Wallonia 559 m² 1 · 110 m² 8.2 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

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of Batelex and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 8,283 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
Founded20-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
33130Repair, maintenance and installation of machinery and equipment
90393Specialised image, lighting and sound technical services
Contact
E-mail rc@batelex.beOttignies-Louvain-la-Neuve
E-invoicing
Reachable via Peppol
Peppol ID 0208:0656665254
Also 9925:BE0656665254
Registered 12-06-2025

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.