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BATHAD

Active Private limited company (pre-2019)founded 2017active for 9 yearsAndrée De Jonghstraat 15, 1020 BrusselsKBO/BCE: BE 0675.658.250

Lifetime

8 annual accounts with figures on one time axis
peak €305,165 (2019)
€103,257▼ 21.8%
lowest -€32,850 (2024)
-€32,850▼ €40,958
peak €98,011 (2023)
€65,161▼ 33.5%
€17,374▼ 42.2%
Board1 name since 2017
- 
Documentsfilings and deeds
25-05-2026298 days late
2024micro format
Turnover from €132,006 to €103,257Gross margin from €58,954 to €36,374Loss of €32,850Equity from €98,011 to €65,161Debts from €30,042 to €17,374

Key points

from the 2024 annual accounts

Payment terms

22 days to suppliers
Suppliers
3 to 22
Customers
5 to 111

BATHAD pays its suppliers 19 days later than in 2023. Customers pay 106 days later.

Filings

8 annual accounts 103 days past the deadline
AprilJune31 JulyOctober2020

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

Position in the sector

-€32,850

Lower net result than 95% of companies in land transport. Sector median €5,868 · 6,575 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,591 companies had the same profile as BATHAD has now. Each dot stands for 9 companies, two years later.

87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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 3,591 companies, not a prediction for BATHAD. 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

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

Signals

Board and ownership

last known board
Manager, last mentioned in 2017
  • founderdeed of 16-05-2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0675658250
Registered office moved within Brussels New registered office: RUE ANDRE DE JONGH 15, BOITE 01, 1020 BRUXELLES · Previous registered office: Boulevard Léopold II 146, 1080 Bruxelles · General meeting of 01-07-2019 · Gazette deed
First establishment
Incorporation Founder: (comparant fondateur) · Founding capital of €18,600, 100 shares, €12,400 paid up · Appointment: (manager) · published on 16-05-2017 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
BATHAD Brussels €103,257 -30.5% 78.9% -
NASTAS Brussels - - 81.8% -
DEDE TRANSPORT Brussels - - 88.3% -
MHS GROUP Evere - - 49.9% -
TM COMPANY Uccle €181,615 11.1% 51.5% -
KAPTAN GROUP Brussels €112,163 3.3% 26.0% -
AT&MB Jette - - 14.3% -
-10%0%10%20%€100,000€1m€10m€100m€1bnBATHADEBIT margin

Grey: the largest companies of the sector (land transport (NACE 49)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as BATHAD: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €73,700 and €96,000, founded between 2016 and 2018.

Official details

Source: KBO
Status
Active since 12-05-2017Normal situation
Activity
Freight transport by roadNACE 49410and 1 other
Establishment unit
2.265.811.122since 12-07-2017
Financial year end
31 December
Peppol
Reachable since 15-01-2026
Company details

Annual accounts 2024

€82,536▼ 35.5%
≈ 0.6 FTEestimated
Filing
Filed on 25-05-2026
Financials

Insights on BATHAD

BATHAD has existed since 2017. Turnover fell from €305,165 in 2019 to €137,287 in 2020. The accounts now follow the micro format, last year the full format.

Turnover has fallen every year since 2021.

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 BATHAD

What is the company number of BATHAD?
The company number of BATHAD is 0675.658.250. The VAT number is the same number with BE in front: BE 0675.658.250.
Where is BATHAD based?
The registered office is at Andrée De Jonghstraat 15, 1020 Brussels.Company details
What does BATHAD do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of BATHAD?
BATHAD is a private limited company (pre-2019) (BVBA).
When was BATHAD founded?
BATHAD was founded on 12-05-2017.
Is BATHAD still active?
Yes, BATHAD is an active enterprise in the KBO register.
What is the turnover of BATHAD?
The turnover of BATHAD was €103,257 in financial year 2024, according to the filed annual accounts.Financials
Is BATHAD profitable?
In financial year 2024, BATHAD made a loss of €32,850.
Where can I find the annual accounts of BATHAD?
BATHAD filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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