BATHCO
ActiveSummary
BATHCO has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €24k. Equity is growing by ~67.6% per year across the filed fiscal years. Its solvency ranks better than 75% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+16
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 4.45 against 2.13 in 2024; short-term debt: 21.4% and cash: 73.7% of total assets), and 21.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.6%
Return on assets
32.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-04-2026, 101 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
101 d early
2024
139 d early
2023
33 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€58k▲ 69.4%
2024 · €34k
2023: €12k
2024: €34k
2023 → 2025
Total assets
€73k▲ 26.3%
2024 · €58k
2023: €31k
2024: €58k
2023 → 2025
Net result
€24k▲ 5.4%
2024 · €22k
2023: €9k
2024: €22k
2023 → 2025
Working capital
€54k▲ 101%
2024 · €27k
2023: €2k
2024: €27k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€12k-€34k▲ 193%€58k▲ 69.4%
Operating result€14k-€29k▲ 114%€31k▲ 5.5%
Net result€9k-€22k▲ 146%€24k▲ 5.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€3k ▼ 52.3%
Current assets
€70k ▲ 37.0%
Equity and liabilities €73k
Equity
€58k ▲ 69.4%
Debt
€16k ▼ 34.6%
Debt's share of the balance-sheet total falls from 41.4% to 21.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▲
2024 · €32k
Cash flow
€27k▲
2024 · €26k
Current ratio
4.45▲
2024 · 2.13
Debt to equity
0.27▼
2024 · 0.71
ROE
41.0%▼
2024 · 65.9%
ROA
32.2%▼
2024 · 38.6%
Interest coverage
140.84▼
2024 · 10705.75
Debt ≤ 1 year
€16k▼
2024 · €24k
Income taxes
€7k▲
2024 · €7k
Staff costs
€175
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 · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€58k€73k▲
Fixed assets21/28€7k€3k▼
Tangible fixed assets22/27€7k€3k▼
Furniture and vehicles24€7k€3k▼
Current assets29/58€51k€70k▲
Amounts receivable within one year40/41€0€15k▲
Trade receivables40€0€15k▲
Cash at bank and in hand54/58€50k€54k▲
Deferred charges and accrued income490/1€881€547▼
Equity and liabilities
Total equity and liabilities10/49€58k€73k▲
Equity10/15€34k€58k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€31k€55k▲
Amounts payable17/49€24k€16k▼
Amounts payable within one year42/48€24k€16k▼
Taxes, remuneration and social security45€16k€13k▼
Taxes450/3€16k€13k▼
Other amounts payable47/48€8k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€175
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€1k€566▼
Gross operating margin9900€34k€35k▲
Operating profit (loss)9901€29k€31k▲
Financial income75/76B€24€189▲
Recurring financial income75€24€189▲
Financial charges65/66B€3€242▲
Recurring financial charges65€3€242▲
Profit (loss) for the period before taxes9903€29k€30k▲
Income taxes67/77€7k€7k▲
Profit (loss) for the period9904€22k€24k▲
Profit (loss) for the period to be appropriated9905€22k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€55k▲
Profit (loss) brought forward from the previous period14P€9k€31k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €24k ▲5.4%
Operating result €31k, net result €24k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.45
Current ratio from 2.13 to 4.45; short-term debt falls from €24k to €16k.
14-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schilde · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louis Mariënlaan 92970 SchildeGround area
142 m²
Building footprint
142 m²
Volume, LiDAR
861 m³
Parcel 11922B0466/00A006, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BATHCO
since 20232.349.563.692
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922B0466/00A006 | Flanders | 142 m² | 1 · 142 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
LOGU
BE 0819.641.387
Schoten · Eq €57,517
ADVOCATENKANTOOR DIRK DEVROE
BE 0476.505.867
Schoten · Eq €57,485
HONIAVOCAT
BE 0753.476.501
Charleroi · Eq €57,617
Advocaat Mira Netten
BE 1016.690.553
Antwerpen · Eq €57,661
Françoise Billen
BE 0785.859.059
Ukkel · Eq €57,405
Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 7,309 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.