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BATICONDROZ

Active Private limited companyfounded 1986active for 39 yearsChaussée de Pailhe 8, 4577 ModaveKBO/BCE: BE 0429.853.025 #3 oldest company in Modave, Construction sector

Lifetime

20 annual accounts with figures on one time axis, 39 filings since 1987
peak €108,341 (2011)
-€24,944▼ €65,317
lowest -€31,021 (2025)
-€31,021▼ €62,952
peak €44,811 (2024)
€13,790▼ 69.2%
€22,573▲ 26.4%
peak 3.1 FTE (2008)
-not published
Board3 names since 1986
2 directorsLEFEVRE Michel and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €40,373 to -€24,944Loss of €31,021Equity from €44,811 to €13,790Debts from €17,864 to €22,573Investments €21,986Cash from €35,130 to €8,201

Key points

from the 2025 annual accounts

Result

-€31,021 -€31,021
€31,9002024-€31,0002025

From profit to loss in 2025, after a profit of €31,931 in 2024.

Investments

€21,986 4.9 × depreciation
2021202220232025

Green is investment, beige is depreciation.

Position in the sector

-€31,021

Lower net result than 94% of companies in construction of buildings. Sector median €8,554 · 9,452 companies.

2025 accounts filed 31 days after the deadline

Checked score

54
Fair
Financially stronger than 32% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.

Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.1%▼ -0.4 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 1.2%▲ +1.0 percentage point vs 08-2026highest value 10-2026: 1.2%● unchanged vs 09-2026highest value 11-2026: 1.2%● unchanged vs 10-2026highest value

Financial strength
Weak

63-33equity 37.9% of total assets
63-25short-term debt 34.2% · cash 22.6%
0-100return on assets -85.3%

Score breakdown

raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €31,021 (financial year 2025)
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 1.35, cash €8,201, halved
Founded in 1986
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 41, micro). It does better than 45% of them on solvency, 68% on liquidity, 5% on profitability and 8% on growth.

The bankruptcy probability was computed on 09-11-2026 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, 5,831 companies had the same profile as BATICONDROZ has now. Each dot stands for 15 companies, two years later.

84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BATICONDROZ itself: 1.2% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 5,831 companies, not a prediction for BATICONDROZ. 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 €500 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is tight, with a current ratio of 1.35 (3.4 in 2024), below the usual 1.5. Short-term debt is 34.2% and cash 22.6% of total assets. 62.1% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Loss of €31,021 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Liquidity: current ratio 1.35, cash €8,201, halved
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
36 days early
2023
30 days late
2022
1 day late
2021
12 days early
2020
149 days late
2019
153 days late
← 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 45 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 1 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LV
Director
LM
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0429853025
Appointments: LEFEVRE Michel (director) and LEFEVRE Vivien (director) General meeting of 28-11-2023 · Gazette deed
Resignation: LEFEVRE Jean-Louis (director) Appointment: LEFEVRE Vivien (director) · General meeting of 07-04-2021 · Gazette deed
First establishment S.P.R.L. BATICONDROZ, Chaussée de Pailhe 8, Modave
All 52 events

Comparable companies

same main activity, similar in size and age
Company
BATICONDROZ Modave €36,363 -€24,944 37.9% -
IMMO FAMILY Liège €44,131 -€3,085 88.9% -
Bouwonderneming DECALF Kortrijk €36,145 -€10,397 -136.9% -
Entreprise Générale POIDLINS Chimay €37,643 €506 88.1% -
AANNEMINGEN POLLEUNIS Bekkevoort €38,548 -€943 26.6% -
ADVIESBUREAU LAMBRECHTS Leuven €35,712 €895 51.4% -
Smart World Ixelles €36,413 -€24,377 -67.3% -

These companies have the same main activity as BATICONDROZ: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €35,700 and €44,100, founded between 1983 and 1991.

Official details

Source: KBO
Status
Active since 26-11-1986Normal situation
Activity
General construction of residential buildingsNACE 41001
Joint committee
126Furnishing and woodworking · annual accounts 2021
Establishment unit
2.033.629.3484577 Modave, since 19-01-1987
Financial year end
31 December
Peppol
Reachable since 29-04-2025
Company details

Annual accounts 2025

€36,363▼ 42.0%
Filing
Filed on 31-08-2026
Financials

Insights on BATICONDROZ

BATICONDROZ files the micro format. That format states no turnover. The gross margin fell from €88,266 in 2006 to -€24,944 in 2025.

The balance sheet grew most from 2011 to 2012 through fixed assets.

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 BATICONDROZ

What is the company number of BATICONDROZ?
The company number of BATICONDROZ is 0429.853.025. The VAT number is the same number with BE in front: BE 0429.853.025.
Where is BATICONDROZ based?
The registered office is at Chaussée de Pailhe 8, 4577 Modave.Company details
What does BATICONDROZ do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of BATICONDROZ?
BATICONDROZ is a private limited company (BV).
When was BATICONDROZ founded?
BATICONDROZ was founded on 26-11-1986.
Is BATICONDROZ still active?
Yes, BATICONDROZ is an active enterprise in the KBO register.
How many employees does BATICONDROZ have?
BATICONDROZ had an average of 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does BATICONDROZ fall under?
In its 2021 annual accounts, BATICONDROZ states joint committee 126 (Furnishing and woodworking).
What is the turnover of BATICONDROZ?
The annual accounts for financial year 2025 state no turnover.
Is BATICONDROZ profitable?
In financial year 2025, BATICONDROZ made a loss of €31,021.
Where can I find the annual accounts of BATICONDROZ?
BATICONDROZ filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BATICONDROZ due?
BATICONDROZ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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