Bati-Magic
ActiveSummary
The computed 12-month bankruptcy probability of Bati-Magic is 4.7% (elevated). The 2024 annual accounts show negative equity (-€49,734) and a net result of -€107. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9973 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability36▼-39
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 0.24 in 2023; short-term debt: 393.5% and cash: 51.4% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+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 2024Solvency, return and age of the figures
Solvency
-293.5%
Return on assets
-0.6%
Age of the figures
21 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€49,734
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
24 d late
2021
31 d early
2020
108 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 7 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2024, micro schema
Equity
-€49,734▼ 0.2%
2023 · -€49,627
Total assets
€16,945▲ 7.0%
2023 · €15,836
Net result
-€107
2023 · €742
Working capital
-€50,097▼ 0.2%
2023 · -€49,990
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€71,201--€61,464-€23,924▲ 61.1%€6,075€707▼ 88.4%
Net result€60,746above the sector's middle half--€64,710below the sector's middle half-€26,415below the sector's middle half▲ 59.2%€742within the sector's middle half-€107within the sector's middle half
Equity€40,756within the sector's middle half--€23,954below the sector's middle half-€50,369below the sector's middle half▼ 110%-€49,627below the sector's middle half▲ 1.5%-€49,734below the sector's middle half▼ 0.2%
Total assets€89,855within the sector's middle half-€21,627below the sector's middle half▼ 75.9%€18,719below the sector's middle half▼ 13.4%€15,836below the sector's middle half▼ 15.4%€16,945below the sector's middle half▲ 7.0%
Debt€49,099-€45,580▼ 7.2%€69,088▲ 51.6%€65,463▼ 5.2%€66,679▲ 1.9%
Working capital€26,347within the sector's middle half--€30,303below the sector's middle half-€52,561below the sector's middle half▼ 73.5%-€49,990below the sector's middle half▲ 4.9%-€50,097below the sector's middle half▼ 0.2%
Solvency45.4%within the sector's middle half--110.8%below the sector's middle half▼ 156.1pp-269.1%below the sector's middle half▼ 158.3pp-313.4%below the sector's middle half▼ 44.3pp-293.5%below the sector's middle half▲ 19.9pp
Current ratio1.54within the sector's middle half-0.34below the sector's middle half▼ 1.200.24below the sector's middle half▼ 0.100.24below the sector's middle half=0.25below the sector's middle half▲ 0.01
Return on assets (ROA)67.6%above the sector's middle half--299.2%below the sector's middle half▼ 366.8pp-141.1%below the sector's middle half▲ 158.1pp4.7%within the sector's middle half▲ 145.8pp-0.6%below the sector's middle half▼ 5.3pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 88% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16,945
Fixed assets
€363 =
Current assets
€16,582 ▲ 7.2%
Key figures and ratios
Debt to equity
-1.34▼
2023 · -1.32
Debt ≤ 1 year
€66,679▲
2023 · €65,463
Staff costs
€23,977▼
2023 · €42,499
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,564 companies that looked in July 2024 the way this one looks now, 5.1% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a small loss
5.1%
went bankrupt
5.4%
stopped otherwise
89%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,564 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €42,366 | €31,080 | €42,499 | €23,977 | ▼ 43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,224 | €4,156 | €4,156 | €1,830 | - | - |
| Other operating charges640/8 | - | €1,960 | €551 | €1,754 | €2,049 | ▲ 16.8% |
| Gross operating margin9900 | €101,730 | -€12,982 | €11,863 | €52,158 | €26,734 | ▼ 48.7% |
| Operating profit (loss)9901 | €71,201 | -€61,464 | -€23,924 | €6,075 | €707 | ▼ 88.4% |
| Financial income75/76B | - | €0 | €0 | €0 | €0 | ▼ 47.8% |
| Recurring financial income75 | €11 | €0 | €0 | €0 | €0 | ▼ 47.8% |
| Financial charges65/66B | - | €3,246 | €1,110 | €958 | €814 | ▼ 15.0% |
| Recurring financial charges65 | €273 | €1,821 | €1,110 | €958 | €814 | ▼ 15.0% |
| Non-recurring financial charges66B | - | €1,425 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €70,939 | -€64,710 | -€25,033 | €5,118 | -€107 | ▼ 102% |
| Income taxes67/77 | €10,193 | - | €1,382 | €4,376 | - | - |
| Profit (loss) for the period9904 | €60,746 | -€64,710 | -€26,415 | €742 | -€107 | ▼ 114% |
| Profit (loss) for the period to be appropriated9905 | €60,746 | -€64,710 | -€26,415 | €742 | -€107 | ▼ 114% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €89,855 | €21,627 | €18,719 | €15,836 | €16,945 | ▲ 7.0% |
| Fixed assets21/28 | €14,409 | €6,349 | €2,193 | €363 | €363 | = |
| Tangible fixed assets22/27 | €14,046 | €5,986 | €1,830 | - | - | - |
| Plant, machinery and equipment23 | - | €4,690 | €1,433 | - | - | - |
| Furniture and vehicles24 | - | €1,296 | €396 | - | - | - |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €75,446 | €15,278 | €16,527 | €15,473 | €16,582 | ▲ 7.2% |
| Amounts receivable within one year40/41 | €253 | €10,567 | €3,991 | €5,792 | €7,877 | ▲ 36.0% |
| Trade receivables40 | - | €9,333 | €2,404 | €2,396 | €2,396 | = |
| Other amounts receivable41 | - | €1,234 | €1,587 | €3,396 | €5,481 | ▲ 61.4% |
| Cash at bank and in hand54/58 | €74,865 | €4,711 | €12,536 | €9,680 | €8,704 | ▼ 10.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €89,855 | €21,627 | €18,719 | €15,836 | €16,945 | ▲ 7.0% |
| Equity10/15 | €40,756 | -€23,954 | -€50,369 | -€49,627 | -€49,734 | ▼ 0.2% |
| Contributions10/11 | - | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | €39,256 | -€25,454 | -€51,869 | -€51,127 | -€51,234 | ▼ 0.2% |
| Amounts payable17/49 | €49,099 | €45,580 | €69,088 | €65,463 | €66,679 | ▲ 1.9% |
| Amounts payable within one year42/48 | €49,099 | €45,580 | €69,088 | €65,463 | €66,679 | ▲ 1.9% |
| Trade debts44 | €4,925 | €9,000 | €11,219 | €14,997 | €5,199 | ▼ 65.3% |
| Suppliers440/4 | - | €9,000 | €11,219 | €14,997 | €5,199 | ▼ 65.3% |
| Taxes, remuneration and social security45 | - | €22,325 | €6,852 | €7,987 | €4,093 | ▼ 48.8% |
| Taxes450/3 | - | €21,592 | €6,209 | €5,429 | - | - |
| Remuneration and social security454/9 | - | €733 | €643 | €2,558 | €4,093 | ▲ 60.0% |
| Other amounts payable47/48 | - | €14,255 | €51,017 | €42,479 | €57,387 | ▲ 35.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,746 | -€64,710 | -€26,415 | €742 | -€107 | ▼ 114% |
| + Depreciation and write-downs630 | €3,224 | €4,156 | €4,156 | €1,830 | - | - |
| Operating cash flow (approximation) | €63,970 | -€60,554 | -€22,259 | €2,571 | -€107 | ▼ 104% |
| Investment in fixed assets (approximation) | - | €3,904 | €0 | €0 | €0 | - |
| Change in cash | - | -€70,154 | €7,825 | -€2,855 | -€976 | ▲ 65.8% |
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
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €742
Net result €742 after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€64,710
Net result drops to -€64,710, the lowest in the series; recovery starts the following year.
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 108 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Mons · 1 establishment unit since 2019
Ground area
552 m²
Building footprint
95 m²
Volume, LiDAR
915 m³
2 parcels, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bati-Magic
since 20192.296.841.125
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53043B0750/00G000 | Wallonia | 341 m² | 1 · 95 m² | 11.8 m · 3 fl. |
| 53019C0305/00G002 | Wallonia | 211 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.
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Of 29,786 companies in sector 41001 we hold annual accounts for 16,058. 12,878 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43110Demolition
43230Insulation installation
43910Bricklaying and masonry work
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0738541568
Also
9925:BE0738541568
Registered
30-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.