Equity
€36,707 from €70,902 in 2023
Equity fell by 48% in 2 years.
BATI-KAR
Lifetime
19 annual accounts with figures on one time axispeak €73,640 (2022)
-€86▼ €803
lowest -€43,743 (2020)
-€14,932▼ €670
peak €70,902 (2023)
€36,707▼ 28.9%
€10,066▼ 63.8%
Board2 names since 2021
1 directorKarwoski Janusz
Documentsfilings and deeds
13-05-202679 days before the deadline
2025micro format
Gross margin from €716 to -€86Loss of €14,932Equity from €51,639 to €36,707Debts from €27,801 to €10,066
Key points
from the 2025 annual accountsLosses
-€29,195 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Position in the sector
-€14,932
Lower net result than 90% of companies in specialised construction. Sector median €10,189 · 35,113 companies.
Turnover not published (micro format)
Checked score
66
Healthy
Financially stronger than 48% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025lowest value
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%▲ +0.2 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 1.1%▲ +0.5 percentage points vs 05-2026highest value
07-2026: 1.1%● unchanged vs 06-2026highest value
08-2026: 1.1%● unchanged vs 07-2026highest value
09-2026: 1.1%● unchanged vs 08-2026highest value
10-2026: 1.1%● unchanged vs 09-2026highest value
11-2026: 1.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Loss of €14,932, the second in a row (financial year 2025)
Liquidity: current ratio 3.19
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 2006
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 83% on liquidity, 4% on profitability and 14% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,805 companies had the same profile as BATI-KAR has now. Each dot stands for 13 companies, two years later.
88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BATI-KAR itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 4,805 companies, not a prediction for BATI-KAR. 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
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.19 (3.16 in 2024), above the usual 1.5. Short-term debt is 21.3% of total assets. 21.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€14,932
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 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 days early
2024
31 days early
2023
62 days early
2022
60 days late
2021
51 days early
2020
61 days late
2019
21 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0885779155
Legal-form change · Resignations & appointments
Director in office: Janusz KARWOWSKI · General meeting of 05-09-2024 · Gazette deed
First establishment
Baron Dhanisstraat 72, Etterbeek
Incorporation
published on 29-12-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BATI-KAR Etterbeek | €46,773 | -€86 | 78.5% | - |
| O&A Saint-Josse-ten-Noode | €43,940 | -€162 | 46.8% | - |
| EURO TRADE COMPANY Woluwe-Saint-Lambert | €54,349 | €961 | -83.4% | - |
| BULDERS Brussels | €43,640 | €850 | 33.9% | - |
| BEL-INFRATEC Brussels | €37,317 | -€24,514 | 56.3% | - |
| EGE CONCEPT Lennik | €49,263 | €477 | 82.7% | - |
| EKJ BOUWBEDRIJF Balen | €52,407 | -€17,671 | 5.7% | - |
These companies have the same main activity as BATI-KAR: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €37,300 and €54,300, founded between 2004 and 2007.
Official details
Source: KBO- Status
- Active since 19-12-2006Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 2 others
- Establishment unit
- 2.159.846.1441040 Etterbeek, since 20-02-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Annual accounts 2025
- €46,773▼ 41.1%
- Filing
- Filed on 13-05-2026, 79 days before the end of the filing period
Insights on BATI-KAR
BATI-KAR files the micro format. That format states no turnover. The gross margin fell from €49,965 in 2007 to -€86 in 2025.
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 BATI-KAR
- What is the company number of BATI-KAR?
- The company number of BATI-KAR is 0885.779.155. The VAT number is the same number with BE in front: BE 0885.779.155.
- Where is BATI-KAR based?
- The registered office is at Baron Dhanisstraat 72, 1040 Etterbeek.Company details
- What does BATI-KAR do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of BATI-KAR?
- BATI-KAR is a private limited company (BV).
- When was BATI-KAR founded?
- BATI-KAR was founded on 19-12-2006.
- Is BATI-KAR still active?
- Yes, BATI-KAR is an active enterprise in the KBO register.
- What is the turnover of BATI-KAR?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is BATI-KAR profitable?
- In financial year 2025, BATI-KAR made a loss of €14,932.
- Where can I find the annual accounts of BATI-KAR?
- BATI-KAR filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BATI-KAR due?
- BATI-KAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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