BATI - BRAS
ActiveBATI - BRAS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €331k and a net result of €36k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 30% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▼-22
Solvency54▼-34
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 3.15 in 2023; short-term debt: 30.5% and cash: 1.4% of total assets), and 71.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 43
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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
60 d late
2023
57 d late
2022
61 d late
2021
9 d late
2020
77 d late
2019
7 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€36k▲ 11.7%
2023 · €33k
2018: €19k
2019: €40k
2020: €17k
2021: €77k
2022: €40k
2023: €33k
2018 → 2024
Working capital
€155k▼ 2.5%
2023 · €159k
2018: €74k
2019: €108k
2020: €129k
2021: €123k
2022: €160k
2023: €159k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€146k-€222k▲ 52.5%€262k▲ 18.0%€295k▲ 12.4%€331k▲ 12.3%
Operating result€26k-€111k▲ 319%€66k▼ 40.7%€55k▼ 16.3%€73k▲ 33.0%
Net result€17k-€77k▲ 344%€40k▼ 48.0%€33k▼ 18.2%€36k▲ 11.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 33% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.14M
Fixed assets
€641k▲ 175%
Current assets
€503k▲ 116%
Equity and liabilities €1.14M
Equity
€331k▲ 12.3%
Debt
€813k▲ 375%
The debt ratio rises from 36.7% to 71.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€89k▲
2023 · €65k
Cash flow
€53k▲
2023 · €42k
Solvency
28.9%▼
2023 · 63.3%
Current ratio
1.44▼
2023 · 3.15
Quick ratio
1.44▼
2023 · 3.15
Debt / equity
2.46▲
2023 · 0.58
ROE
11.0%▼
2023 · 11.0%
ROA
3.2%▼
2023 · 7.0%
Interest coverage
3.92▼
2023 · 7.08
Debt
€813k▲
2023 · €171k
Debt ≤ 1 year
€349k▲
2023 · €74k
Debt > 1 year
€464k▲
2023 · €97k
Income taxes
€14k▲
2023 · €13k
Staff costs
€73k▲
2023 · €72k
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€466k€1.14M▲
Fixed assets21/28€233k€641k▲
Tangible fixed assets22/27€232k€639k▲
Land and buildings22€117k€503k▲
Furniture and vehicles24€16k€37k▲
Assets under construction and advance payments27€99k€99k=
Financial fixed assets28€2k€2k=
Current assets29/58€233k€503k▲
Amounts receivable within one year40/41€203k€460k▲
Trade receivables40€190k€415k▲
Other amounts receivable41€13k€45k▲
Cash at bank and in hand54/58€27k€17k▼
Deferred charges and accrued income490/1€3k€27k▲
Equity and liabilities
Total equity and liabilities10/49€466k€1.14M▲
Equity10/15€295k€331k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€274k€311k▲
Amounts payable17/49€171k€813k▲
Amounts payable after more than one year17€97k€464k▲
Financial debts170/4€97k€464k▲
Amounts payable within one year42/48€74k€349k▲
Current portion of amounts payable after more than one year42€14k€32k▲
Financial debts43-€155k
Credit institutions430/8-€155k
Trade debts44€37k€150k▲
Suppliers440/4€37k€150k▲
Taxes, remuneration and social security45€23k€12k▼
Taxes450/3€6k€9k▲
Remuneration and social security454/9€17k€3k▼
Other amounts payable47/48-€148
Income statement
Code20232024
Remuneration, social security and pensions62€72k€73k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€16k▲
Other operating charges640/8€343€472▲
Gross operating margin9900€137k€163k▲
Operating profit (loss)9901€55k€73k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€9k€23k▲
Recurring financial charges65€9k€23k▲
Profit (loss) for the period before taxes9903€46k€50k▲
Income taxes67/77€13k€14k▲
Profit (loss) for the period9904€33k€36k▲
Profit (loss) for the period to be appropriated9905€33k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€274k€311k▲
Profit (loss) brought forward from the previous period14P€242k€274k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Highest result since 2018net €77k ▲344%
Operating result €111k, net result €77k, both a record.
31-12
Financial
Equity above €200kEq €222k ▲52.5%
4 profitable years in a row build equity to €222k.
16-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 77 days late
2020
31-12
Financial
Weakest financial yearnet €17k ▼56.7%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €128k ▲45%
2 profitable years in a row build equity to €128k.
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 48 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 61 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 61 days late
2016
15-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 137 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Braine-le-Château · 2 establishment units since 2010
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.
Rue de Mont Saint-Pont 1491440 Braine-le-ChâteauGround area
2,003 m²
Building footprint
322 m²
Volume, LiDAR
2,374 m³
2 parcels, Flanders, Wallonia · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Meerstraat 195, 1852 Grimbergen
since 20102.188.349.296
BATI - BRAS
since 20232.343.426.562
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015A0340/00V000 | Wallonia | 1,209 m² | 1 · 222 m² | 9.9 m · 3 fl. |
| 23005B0056/00H000 | Flanders | 793 m² | 1 · 99 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
FAES
BE 0458.943.226
Hoogstraten · Eq €332k
PIERRE BOUSSON & ZOON
BE 0431.874.979
Brugge · Eq €330k
BOELENS-POTS
BE 0831.709.177
Roosdaal · Eq €333k
PLAKWERKEN COUCKHUYT
BE 0449.197.892
Lendelede · Eq €334k
RENODEK
BE 0843.273.854
Steenokkerzeel · Eq €326k
Of 4,010 companies in sector 43310 we hold annual accounts for 1,745. 1,185 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2010
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
43331Floor and wall tiling
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.