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BATIBO

Open bankruptcy
Private limited companyfounded 2012Avenue DELI XL 2, 6530 Thuin, BelgiumKBO/BCE: BE 0846.902.545

A bankruptcy procedure is open for BATIBO according to publications in the Belgian State Gazette; curator: PIERRE-EMMANUEL CORNIL.

Summary

The file additionally contains 3 judicial reorganisation notices. The 2024 annual accounts show negative equity (-€218,701) and a net result of €51,553.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Hainaut, Charleroi division
Declared bankrupt
19 August 2025
Supervising judge
Jose Roman Moreno
Official Gazette
25-08-2025 (pdf) ↗search the document for 2025/134653

Deadlines

Provisional date payments stopped
19 February 2025Moved back by judgment of 23 February 2026. Payments and security you received since that day can in some cases be challenged by the curator.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 9 September 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 18 September 2025art. XX.104 and XX.155 CEL
First verification report
passed on 16 October 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 19 August 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Pierre-Emmanuel CornilRue De Gozee 137, 6110 Montigny-Le-Tilleul- . Date provisoire de cessation de paiement : 19/08/2025pe.cornil@codeca.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 3557 sector peers (2024).
NBB · sector comparison
Position among 3557 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
42 d early
2022
31 d early
2021
39 d early
2020
114 d late
2019
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BATIBO was incorporated on 27 June 2012.1 Total assets rose from EUR 519,768 in 2018 to EUR 1 million in 2024 and headcount from 2.5 to 15.2 full-time equivalents.2 On 19 August 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024
  3. 3Belgian State Gazette, 25-08-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€51,553
2023 · -€549,073
Working capital
-€300,160▲ 15.5%
2023 · -€355,363
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€115,168▲ 17.6%€40,701▼ 64.7%€143,187▲ 252%-€442,417€59,550
Net result€48,667above the sector's middle half▼ 12.5%€30,017above the sector's middle half▼ 38.3%€42,234within the sector's middle half▲ 40.7%-€549,073below the sector's middle half€51,553within the sector's middle half
Equity€206,567above the sector's middle half▲ 30.8%€236,584above the sector's middle half▲ 14.5%€278,819within the sector's middle half▲ 17.9%-€270,254below the sector's middle half-€218,701below the sector's middle half▲ 19.1%
Total assets€719,403above the sector's middle half▲ 39.0%€1.0mabove the sector's middle half▲ 39.5%€1.3mwithin the sector's middle half▲ 29.0%€1.1mwithin the sector's middle half▼ 14.0%€1.0mwithin the sector's middle half▼ 8.0%
Debt€500,119▲ 44.4%€766,882▲ 53.3%€1.0m▲ 32.4%€1.4m▲ 36.3%€1.2m▼ 10.2%
Working capital€227,870above the sector's middle half▲ 9.0%€204,801above the sector's middle half▼ 10.1%€217,693within the sector's middle half▲ 6.3%-€355,363below the sector's middle half-€300,160below the sector's middle half▲ 15.5%
Solvency28.7%within the sector's middle half▼ 1.8pp23.6%within the sector's middle half▼ 5.1pp21.5%within the sector's middle half▼ 2.0pp-24.3%below the sector's middle half▼ 45.8pp-21.4%below the sector's middle half▲ 2.9pp
Current ratio1.50within the sector's middle half▼ 0.331.28within the sector's middle half▼ 0.221.22within the sector's middle half▼ 0.060.74below the sector's middle half▼ 0.470.76below the sector's middle half▲ 0.02
Return on assets (ROA)6.8%within the sector's middle half▼ 4.0pp3.0%within the sector's middle half▼ 3.8pp3.3%within the sector's middle half▲ 0.3pp-49.3%below the sector's middle half▼ 52.6pp5.0%within the sector's middle half▲ 54.3pp
Staff (FTE)8above the sector's middle half▲ 344%10.3▲ 28.8%12.7within the sector's middle half▲ 23.3%17.3within the sector's middle half▲ 36.2%15.2within the sector's middle half▼ 12.1%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0€200,000Operating result 2020: €115,168€115,168Net result 2020: €48,667€48,667Operating result 2021: €40,701€40,701Net result 2021: €30,017€30,017Operating result 2022: €143,187€143,187Net result 2022: €42,234€42,234Operating result 2023: -€442,417-€442,417Net result 2023: -€549,073-€549,073Operating result 2024: €59,550€59,550Net result 2024: €51,553€51,55320202021202220232024-€600,000-€400,000-€200,000€0€200,000Operating result 2022: €143,187€143,000Net result 2022: €42,234€42,200Operating result 2023: -€442,417-€442,000Net result 2023: -€549,073-€549,000Operating result 2024: €59,550€59,500Net result 2024: €51,553€51,600202220232024
The operating result returns to profit in 2024: €59,550 after a loss of €442,417 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets €81,459 ▼ 4.3%
Current assets €942,477 ▼ 8.4%
Key figures and ratios
2024 value · change against 2023
EBITDA
€82,700▲
2023 · -€421,730
Cash flow
€74,703▲
2023 · -€528,387
Quick ratio
0.74▲
2023 · 0.73
Debt to equity
-5.68▼
2023 · -5.12
Interest coverage
9.43▲
2023 · -5.47
Debt ≤ 1 year
€1.2m▼
2023 · €1.4m
Income taxes
€984▼
2023 · €32,016
Staff costs
€900,812▼
2023 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.1m€1.0m▼
Fixed assets21/28€85,109€81,459▼
Tangible fixed assets22/27€62,609€53,959▼
Plant, machinery and equipment23€829-
Furniture and vehicles24€32,795€30,968▼
Other tangible fixed assets26€28,985€22,991▼
Financial fixed assets28€22,500€27,500▲
Current assets29/58€1.0m€942,477▼
Stocks and contracts in progress3€20,000€20,000=
Stocks30/36€20,000€20,000=
Amounts receivable within one year40/41€971,391€769,143▼
Trade receivables40€919,798€767,933▼
Other amounts receivable41€51,593€1,210▼
Cash at bank and in hand54/58€36,585€149,700▲
Deferred charges and accrued income490/1€448€3,634▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.0m▼
Equity10/15-€270,254-€218,701▲
Contributions10/11€18,600€18,600=
Reserves13€126,860€126,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€125,000€125,000=
Profit (loss) carried forward14-€415,714-€364,161▲
Amounts payable17/49€1.4m€1.2m▼
Amounts payable within one year42/48€1.4m€1.2m▼
Current portion of amounts payable after more than one year42€11,200€30▼
Financial debts43-€14,529
Credit institutions430/8-€14,529
Trade debts44€322,049€140,038▼
Suppliers440/4€322,049€140,038▼
Taxes, remuneration and social security45€424,573€177,278▼
Taxes450/3€277,115€58,595▼
Remuneration and social security454/9€147,458€118,683▼
Other amounts payable47/48€625,965€910,761▲
Income statement Code20232024
Non-recurring operating income76A-€31,220
Remuneration, social security and pensions62€1.0m€900,812▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,686€23,150▲
Other operating charges640/8€5,176€19,606▲
Non-recurring operating charges66A€3,111€30,684▲
Gross operating margin9900€589,681€1.0m▲
Operating profit (loss)9901-€442,417€59,550▲
Financial income75/76B€2,441€1,759▼
Recurring financial income75€2,441€1,759▼
Financial charges65/66B€77,081€8,772▼
Recurring financial charges65€77,081€8,772▼
Profit (loss) for the period before taxes9903-€517,056€52,537▲
Income taxes67/77€32,016€984▼
Profit (loss) for the period9904-€549,073€51,553▲
Profit (loss) for the period to be appropriated9905-€549,073€51,553▲
Appropriation of the result
Profit (loss) to be appropriated9906-€415,714-€364,161▲
Profit (loss) brought forward from the previous period14P€133,359-€415,714▼
Social balance
Average headcount (FTE)908717.315.2▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€31,220-
Remuneration, social security and pensions62-€572,286€698,344€1.0m€900,812▼ 10.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,590€14,158€15,419€20,686€23,150▲ 11.9%
Other operating charges640/8-€5,391€5,925€5,176€19,606▲ 279%
Non-recurring operating charges66A-€6,834€9,407€3,111€30,684▲ 886%
Gross operating margin9900€350,479€639,370€872,281€589,681€1.0m▲ 75.3%
Operating profit (loss)9901€115,168€40,701€143,187-€442,417€59,550▲ 113%
Financial income75/76B-€1,247€1,376€2,441€1,759▼ 27.9%
Recurring financial income75€126€1,247€1,376€2,441€1,759▼ 27.9%
Financial charges65/66B-€24,647€69,537€77,081€8,772▼ 88.6%
Recurring financial charges65€7,523€24,647€69,537€77,081€8,772▼ 88.6%
Profit (loss) for the period before taxes9903€107,771€17,300€75,025-€517,056€52,537▲ 110%
Transfer from deferred taxes780-€12,717----
Income taxes67/77€59,634-€32,791€32,016€984▼ 96.9%
Profit (loss) for the period9904€48,667€30,017€42,234-€549,073€51,553▲ 109%
Transfer from tax-exempt reserves789-€24,697----
Profit (loss) for the period to be appropriated9905€49,696€54,714€42,234-€549,073€51,553▲ 109%
Line20202021202220232024Change
Assets
Total assets20/58€719,403€1.0m€1.3m€1.1m€1.0m▼ 8.0%
Fixed assets21/28€33,786€56,044€72,325€85,109€81,459▼ 4.3%
Tangible fixed assets22/27€30,756€53,014€54,295€62,609€53,959▼ 13.8%
Plant, machinery and equipment23-€5,218€2,904€829--
Furniture and vehicles24-€6,239€16,157€32,795€30,968▼ 5.6%
Other tangible fixed assets26-€41,557€35,234€28,985€22,991▼ 20.7%
Financial fixed assets28€3,030€3,030€18,030€22,500€27,500▲ 22.2%
Current assets29/58€685,618€947,422€1.2m€1.0m€942,477▼ 8.4%
Stocks and contracts in progress3€151,123€228,908€20,000€20,000€20,000=
Stocks30/36-€228,908€20,000€20,000€20,000=
Amounts receivable within one year40/41€432,418€655,614€1.1m€971,391€769,143▼ 20.8%
Trade receivables40-€558,970€1.0m€919,798€767,933▼ 16.5%
Other amounts receivable41-€96,644€18,370€51,593€1,210▼ 97.7%
Cash at bank and in hand54/58€101,429€62,645€137,020€36,585€149,700▲ 309%
Deferred charges and accrued income490/1-€256-€448€3,634▲ 712%
Equity and liabilities
Total equity and liabilities10/49€719,403€1.0m€1.3m€1.1m€1.0m▼ 8.0%
Equity10/15€206,567€236,584€278,819-€270,254-€218,701▲ 19.1%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€61,557€86,860€126,860€126,860€126,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133-€85,000€125,000€125,000€125,000=
Profit (loss) carried forward14€126,410€131,124€133,359-€415,714-€364,161▲ 12.4%
Provisions and deferred taxes16€12,717-----
Amounts payable17/49€500,119€766,882€1.0m€1.4m€1.2m▼ 10.2%
Amounts payable after more than one year17€42,371€24,260€11,200---
Financial debts170/4-€24,260€11,200---
Amounts payable within one year42/48€457,748€742,622€1.0m€1.4m€1.2m▼ 10.2%
Current portion of amounts payable after more than one year42-€12,339€13,060€11,200€30▼ 99.7%
Financial debts43-€236,515€243,039-€14,529-
Credit institutions430/8-€236,515€243,039-€14,529-
Trade debts44€322,614€189,935€155,259€322,049€140,038▼ 56.5%
Suppliers440/4-€189,935€155,259€322,049€140,038▼ 56.5%
Taxes, remuneration and social security45-€170,249€330,257€424,573€177,278▼ 58.2%
Taxes450/3-€94,986€156,172€277,115€58,595▼ 78.9%
Remuneration and social security454/9-€75,264€174,086€147,458€118,683▼ 19.5%
Other amounts payable47/48-€133,583€262,774€625,965€910,761▲ 45.5%
Line20202021202220232024Change
Profit (loss) for the period9904€48,667€30,017€42,234-€549,073€51,553▲ 109%
+ Depreciation and write-downs630€13,590€14,158€15,419€20,686€23,150▲ 11.9%
Operating cash flow (approximation)€62,257€44,175€57,653-€528,387€74,703▲ 114%
Investment in fixed assets (approximation)--€36,416-€31,700-€33,470-€19,500▲ 41.7%
Change in cash--€38,784€74,376-€100,435€113,115▲ 213%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
02-03
Bankruptcy Date of cessation of payments moved back
Tribunal de l’entreprise du Hainaut, division Charleroi · event 23-02-2026
2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 60 days late
25-08
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 19-08-2025
2024
31-12
Financial Back to profitnet €51,553
Net result €51,553 after one loss-making year.
03-10
Judicial reorganisation Plan homologation
Tribunal de l’entreprise du Hainaut · event 26-09-2024
19-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
04-06
Judicial reorganisation Extension
Tribunal de l’entreprise du Hainaut · collective agreement · event 30-05-2024
16-02
Judicial reorganisation Opening
Tribunal de l’entreprise du Hainaut · collective agreement · event 08-02-2024
2023
31-12
Financial Weakest financial yearnet -€549,073
Net result drops to -€549,073, the lowest in the series.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
22-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
22-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 114 days late
Show earlier events
2020
31-12
Financial Equity above €200,000Eq €206,567 ▲30.8%
3 profitable years in a row build equity to €206,567.
23-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €55,611 ▲276%
Net result €55,611, the highest in the series.
31-12
Financial Equity above €150,000Eq €157,900 ▲54.4%
2 profitable years in a row build equity to €157,900.
21-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 82 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
17-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
2016
22-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 22 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Thuin · 3 establishment units since 2020
establishment All 3 establishment units on the map
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.

Avenue DELI XL 26530 Thuin
Ground area
5,546 m²
Building footprint
533 m²
Volume, LiDAR
4,960 m³
3 parcels, Wallonia · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
BATIBO
Rue Joseph Durieux(FW) 58, 5020 NamurOther specialised construction activities
since 20202.306.788.771
BATIBO
Avenue Emile Vandervelde 285, 6200 ChâteletCivil engineering
since 20202.306.788.870
BATIBO
Chaussée de Bruxelles 425 A, 1410 WaterlooSpecialised construction activities
since 20242.357.139.887
3 parcels
Wallonia 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92043B0311/00K000 Wallonia 5,135 m² 1 · 270 m² 12.7 m · 3 fl.
52007C0020/00K017 Wallonia 322 m² 1 · 127 m² 9.8 m · 3 fl.
25764N0136/00E000 Wallonia 88 m² 1 · 136 m² 10.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator PIERRE-EMMANUEL CORNIL
RUE DE GOZEE 137, 6110 MONTIGNY-LE-TILLEUL- . Date provisoire de cessation de paiement : 19/08/2025
19-08-2025 → present

Similar companies · same sector, comparable size

Of 489 companies in sector 43343 we hold annual accounts for 295. 244 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
Founded27-06-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43343Specialised construction activities
43230Insulation installation
43320Joinery installation
47529Retail trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0846902545
Also 9925:BE0846902545
Registered 28-08-2023

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.