BATI JM
ActiveSummary
The computed 12-month bankruptcy probability of BATI JM is 4.4% (elevated). For BATI JM, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€28,075) and a net result of -€31,931. Equity is shrinking by ~93.4% per year across the filed fiscal years. The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0=
Solvency0▼-42
Growth32=
Track record100
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
-191.2%
Return on assets
-217.4%
Age of the figures
45 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 08-10-2023, 69 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
not filed
2023
not filed
2022
69 d late
2021
151 d late
2019
151 d late
2018
51 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 106 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Equity
-€28,075
2021 · €3,856
Total assets
€14,687▼ 37.1%
2021 · €23,332
Net result
-€31,931▼ 115%
2021 · -€14,874
Working capital
-€29,721
2021 · €563
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920212022
Operating result-€4,926--€9,394▼ 90.7%-€12,458--€26,312▼ 111%
Net result-€5,775--€8,893▼ 54.0%-€14,874--€31,931▼ 115%
Equity€14,969-€6,076▼ 59.4%€3,856--€28,075
Total assets€20,440-€26,335▲ 28.8%€23,332-€14,687▼ 37.1%
Debt€5,471-€20,259▲ 270%€19,476-€42,762▲ 120%
Working capital€14,662-€6,076▼ 58.6%€563--€29,721
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26,312 in 2022 against €12,458 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €14,687
Fixed assets
€1,646 ▼ 50.0%
Current assets
€13,041 ▼ 34.9%
Equity and liabilities
Equity-€28,075
Debt€42,762
Equity is negative: debt (€42,762) exceeds the balance-sheet total (€14,687).
Key figures and ratios
EBITDA
-€24,665▼
2021 · -€10,811
Cash flow
-€30,284▼
2021 · -€13,227
Solvency
-191.2%▼
2021 · 16.5%
Current ratio
0.30▼
2021 · 1.03
Quick ratio
0.16▼
2021 · 0.64
ROA
-217.4%▼
2021 · -63.7%
Interest coverage
-4.39▲
2021 · -4.47
Debt ≤ 1 year
€42,762▲
2021 · €19,476
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €418 | €307 | €1,647 | €1,647 | = |
| Other operating charges640/8 | - | - | €14,240 | €368 | ▼ 97.4% |
| Gross operating margin9900 | -€3,977 | -€8,565 | €3,429 | -€24,297 | ▼ 809% |
| Operating profit (loss)9901 | -€4,926 | -€9,394 | -€12,458 | -€26,312 | ▼ 111% |
| Recurring financial income75 | - | €1,783 | - | - | - |
| Financial charges65/66B | - | - | €2,416 | €5,619 | ▲ 133% |
| Recurring financial charges65 | €849 | €1,282 | €2,416 | €5,619 | ▲ 133% |
| Profit (loss) for the period before taxes9903 | -€5,775 | -€8,893 | -€14,874 | -€31,931 | ▼ 115% |
| Profit (loss) for the period9904 | -€5,775 | -€8,893 | -€14,874 | -€31,931 | ▼ 115% |
| Profit (loss) for the period to be appropriated9905 | -€5,775 | -€8,893 | -€14,874 | -€31,931 | ▼ 115% |
| Line | 2018 | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €20,440 | €26,335 | €23,332 | €14,687 | ▼ 37.1% |
| Fixed assets21/28 | €307 | - | €3,293 | €1,646 | ▼ 50.0% |
| Tangible fixed assets22/27 | €307 | - | €3,293 | €1,646 | ▼ 50.0% |
| Plant, machinery and equipment23 | - | - | €3,293 | €1,646 | ▼ 50.0% |
| Current assets29/58 | €20,133 | €26,335 | €20,039 | €13,041 | ▼ 34.9% |
| Stocks and contracts in progress3 | - | €9,000 | €7,553 | €6,250 | ▼ 17.3% |
| Stocks30/36 | - | - | €7,553 | €6,250 | ▼ 17.3% |
| Amounts receivable within one year40/41 | €18,458 | €17,335 | €12,206 | €6,791 | ▼ 44.4% |
| Trade receivables40 | - | - | €8,317 | €6,791 | ▼ 18.3% |
| Other amounts receivable41 | - | - | €3,889 | - | - |
| Deferred charges and accrued income490/1 | - | - | €280 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €20,440 | €26,335 | €23,332 | €14,687 | ▼ 37.1% |
| Equity10/15 | €14,969 | €6,076 | €3,856 | -€28,075 | ▼ 828% |
| Contributions10/11 | €6,200 | €6,200 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | - | - | - |
| Profit (loss) carried forward14 | €6,909 | -€1,984 | -€14,744 | -€46,675 | ▼ 217% |
| Amounts payable17/49 | €5,471 | €20,259 | €19,476 | €42,762 | ▲ 120% |
| Amounts payable within one year42/48 | €5,471 | €20,259 | €19,476 | €42,762 | ▲ 120% |
| Financial debts43 | - | - | €14,780 | €39,095 | ▲ 165% |
| Credit institutions430/8 | - | - | €14,780 | €39,095 | ▲ 165% |
| Trade debts44 | €2,229 | €5,016 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €4,696 | €3,667 | ▼ 21.9% |
| Taxes450/3 | - | - | €4,696 | - | - |
| Remuneration and social security454/9 | - | - | - | €3,667 | - |
| Line | 2018 | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,775 | -€8,893 | -€14,874 | -€31,931 | ▼ 115% |
| + Depreciation and write-downs630 | €418 | €307 | €1,647 | €1,647 | = |
| Operating cash flow (approximation) | -€5,357 | -€8,586 | -€13,227 | -€30,284 | ▼ 129% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
31-12
Financial
Weakest financial yearnet -€31,931
Net result drops to -€31,931, the lowest in the series.
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 151 days late
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 151 days late
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 27 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 28 days late
2013
08-07
NBB filing
Annual accounts filed
fiscal year 2012 · full 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Rixensart · 1 establishment unit since 2003
Ground area
3,072 m²
Building footprint
1,570 m²
2 parcels, Wallonia. Linked by address, not a title deed.
116
companies at this address
See who is registered here
1 establishment unit
BATI JM SPRL
since 20032.134.937.534
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033B0525/00T002 | Wallonia | 2,544 m² | 1 · 1,570 m² | - |
| 25051A0162/00D000 | Wallonia | 528 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded18-11-2003
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.