Baticail
Open bankruptcyA bankruptcy procedure is open for Baticail according to publications in the Belgian State Gazette; curator: JOACHIM VANSPEYBROUCK. The 2023 annual accounts show negative equity (€-234k) and a net result of €9k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 31-10-2023, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
3 d late
2021
4 d late
2020
5 d early
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€-234k▲ 3.7%
2022 · €-242k
2019: €9k
2020: €8k
2021: €-183k
2022: €-242k
2019 → 2023
Total assets
€943k▼ 56.2%
2022 · €2.15M
2019: €1.20M
2020: €1.37M
2021: €1.30M
2022: €2.15M
2019 → 2023
Net result
€9k
2022 · €-60k
2019: €4k
2020: €-1k
2021: €-190k
2022: €-60k
2019 → 2023
Working capital
€-237k▲ 4.0%
2022 · €-247k
2019: €5k
2020: €7k
2021: €-183k
2022: €-247k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€9k-€8k▼ 14.0%€-183k€-242k▼ 32.8%€-234k▲ 3.7%
Operating result€20k-€5k▼ 73.7%€-185k€-59k▲ 68.1%€10k
Net result€4k-€-1k€-190k▼ 14,810%€-60k▲ 68.6%€9k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €10k after a loss of €59k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €943k
Fixed assets
€3k▼ 23.7%
Current assets
€939k▼ 56.2%
Key figures and ratios
EBITDA
€11k▲
2022 · €-57k
Cash flow
€10k▲
2022 · €-58k
Solvency
-24.8%▼
2022 · -11.3%
Current ratio
0.80▼
2022 · 0.90
Quick ratio
0.39▼
2022 · 0.46
Debt / equity
-5.04▲
2022 · -9.87
ROA
0.9%▲
2022 · -2.8%
Interest coverage
5.91▲
2022 · -36.03
Debt
€1.18M▼
2022 · €2.39M
Debt ≤ 1 year
€1.18M▼
2022 · €2.39M
Staff costs
€737k▼
2022 · €828k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€2.15M€943k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€4k€3k▼
Current assets29/58€2.15M€939k▼
Stocks and contracts in progress3€1.06M€482k▼
Stocks30/36€10k€2k▼
Contracts in progress37€1.05M€480k▼
Amounts receivable within one year40/41€1.05M€403k▼
Trade receivables40€1.03M€401k▼
Other amounts receivable41€14k€2k▼
Cash at bank and in hand54/58€16k€55k▲
Deferred charges and accrued income490/1€30k€0▼
Equity and liabilities
Total equity and liabilities10/49€2.15M€943k▼
Equity10/15€-242k€-234k▲
Contributions10/11€13k€13k=
Reserves13€10k€10k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€-265k€-256k▲
Amounts payable17/49€2.39M€1.18M▼
Amounts payable within one year42/48€2.39M€1.18M▼
Trade debts44€203k€79k▼
Suppliers440/4€203k€79k▼
Taxes, remuneration and social security45€254k€332k▲
Taxes450/3€101k€116k▲
Remuneration and social security454/9€153k€216k▲
Other amounts payable47/48€1.94M€766k▼
Income statement
Code20222023
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€828k€737k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€3k€5k▲
Gross operating margin9900€773k€754k▼
Operating profit (loss)9901€-59k€10k▲
Financial income75/76B€517€389▼
Recurring financial income75€517€389▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-60k€9k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-60k€9k▲
Profit (loss) for the period to be appropriated9905€-60k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-265k€-256k▲
Profit (loss) brought forward from the previous period14P€-205k€-265k▼
Social balance
Average headcount (FTE)90877.00.0▼
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
2024
25-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Veurne · BATICAIL BV ZWARTENHOEK- STRAAT 2, 8660 DE PANNE · event 19-06-2024
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
31-03
Financial
Weakest financial yearnet €-190k
Net result drops to €-190k, the lowest in the series.
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
07-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2017
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 42 days late
2015
25-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
19-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 19 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, De Panne · 1 establishment unit since 1965
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.
Zwartenhoekstraat 28660 De PanneGround area
1.3 ha
Building footprint
6,931 m²
Volume, LiDAR
48,785 m³
Parcel 38001C0272/00E002, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Baticail
since 19652.000.309.551
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38001C0272/00E002 | Flanders | 1.3 ha | 1 · 6,931 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 | JOACHIM VANSPEYBROUCK KALLEBEEKWEG 1,
8691 05 BEVEREN AAN DE YZER- |
19-06-2024 → present |
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 2,790 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-01-1968
Fiscal year end31-03
Activities, NACEBEL
68121Development of residential building projects
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.