BATHUR
ActiveBATHUR has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €120k and a net result of €19k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 13% of 37972 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability77▲+39
Solvency5▼-5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.26 in 2023), and 92.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 13% of 37972 sector peers (2024).
NBB · sector comparisonPosition among 37972 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
30 d late
2022
30 d late
2021
19 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€120k▲ 18.2%
2023 · €102k
2018: €86k
2019: €88k
2020: €98k
2021: €97k
2022: €94k
2023: €102k
2018 → 2024
Total assets
€1.54M▲ 116%
2023 · €714k
2018: €389k
2019: €349k
2020: €320k
2021: €347k
2022: €303k
2023: €714k
2018 → 2024
Net result
€19k▲ 143%
2023 · €8k
2018: €-796
2019: €2k
2020: €10k
2021: €-924
2022: €-3k
2023: €8k
2018 → 2024
Working capital
€-217k▼ 41.2%
2023 · €-154k
2018: €-95k
2019: €-107k
2020: €-103k
2021: €-129k
2022: €-133k
2023: €-154k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€98k-€97k▼ 0.9%€94k▼ 2.9%€102k▲ 8.1%€120k▲ 18.2%
Operating result€21k-€6k▼ 70.9%€256▼ 95.8%€21k▲ 8,060%€82k▲ 291%
Net result€10k-€-924€-3k▼ 208%€8k€19k▲ 143%
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 291% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.54M
Fixed assets
€1.48M▲ 124%
Current assets
€66k▲ 22.7%
Equity and liabilities €1.54M
Equity
€120k▲ 18.2%
Debt
€1.42M▲ 132%
The debt ratio rises from 85.7% to 92.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€146k▲
2023 · €107k
Cash flow
€83k▼
2023 · €93k
Solvency
7.8%▼
2023 · 14.3%
Current ratio
0.23▼
2023 · 0.26
Quick ratio
0.23▼
2023 · 0.26
Debt / equity
11.82▲
2023 · 6.02
ROE
15.4%▲
2023 · 7.5%
ROA
1.2%▲
2023 · 1.1%
Interest coverage
2.63▼
2023 · 11.80
Debt
€1.42M▲
2023 · €613k
Debt ≤ 1 year
€283k▲
2023 · €207k
Debt > 1 year
€1.14M▲
2023 · €405k
Income taxes
€8k▲
2023 · €4k
Staff costs
€298▼
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€714k€1.54M▲
Fixed assets21/28€661k€1.48M▲
Tangible fixed assets22/27€661k€1.47M▲
Land and buildings22€626k€1.46M▲
Plant, machinery and equipment23€176€767▲
Furniture and vehicles24€34k€2k▼
Financial fixed assets28-€11k
Current assets29/58€54k€66k▲
Amounts receivable within one year40/41€35k€56k▲
Trade receivables40€35k€56k▲
Other amounts receivable41€160€463▲
Cash at bank and in hand54/58€17k€4k▼
Deferred charges and accrued income490/1€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€714k€1.54M▲
Equity10/15€102k€120k▲
Contributions10/11€19k€19k=
Reserves13€83k€102k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€81k€102k▲
Profit (loss) carried forward14€379€0▼
Amounts payable17/49€613k€1.42M▲
Amounts payable after more than one year17€405k€1.14M▲
Financial debts170/4€405k€1.14M▲
Amounts payable within one year42/48€207k€283k▲
Current portion of amounts payable after more than one year42€42k€61k▲
Financial debts43-€73
Credit institutions430/8-€73
Trade debts44€6k€12k▲
Suppliers440/4€6k€12k▲
Advances received on contracts in progress46€22k€39k▲
Taxes, remuneration and social security45€22k€19k▼
Taxes450/3€20k€16k▼
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€115k€151k▲
Income statement
Code20232024
Non-recurring operating income76A-€36k
Remuneration, social security and pensions62€3k€298▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€65k▼
Other operating charges640/8€3k€7k▲
Gross operating margin9900€113k€154k▲
Operating profit (loss)9901€21k€82k▲
Financial income75/76B-€26
Recurring financial income75-€26
Financial charges65/66B€9k€56k▲
Recurring financial charges65€9k€56k▲
Profit (loss) for the period before taxes9903€12k€26k▲
Income taxes67/77€4k€8k▲
Profit (loss) for the period9904€8k€19k▲
Profit (loss) for the period to be appropriated9905€8k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€379€19k▲
Profit (loss) brought forward from the previous period14P€-7k€379▲
Transfer to equity691/2-€19k
To other reserves6921-€19k
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Highest result since 2018net €19k ▲143%
Operating result €82k, net result €19k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €102k ▲8.1%
Equity rises from €94k to €102k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Torhout · 1 establishment unit since 2007
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.
Oude Gentweg 758820 TorhoutGround area
643 m²
Building footprint
192 m²
Volume, LiDAR
1,101 m³
Parcel 31522B0360/00N000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BATHUR
since 20072.163.647.257
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522B0360/00N000 | Flanders | 643 m² | 1 · 192 m² | 6.5 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
F.INITIATIVES
BE 0665.883.719
Brussel · Eq €120k
4C-ME
BE 1004.874.171
Laarne · Eq €120k
GP INDUSTRIES
BE 0801.708.859
Kortenberg · Eq €120k
GUILLAUME VAN EECKHOUT
BE 0867.240.574
Ittre · Eq €120k
Bel'Rose Management
BE 0805.021.212
Juprelle · Eq €120k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,393. 40,705 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-05-2007
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.