BATICORP
ActiveSummary
The computed 12-month bankruptcy probability of BATICORP is 2.4% (moderate). The 2024 annual accounts show equity of €21,331 and a net result of €3,314. Equity is growing by ~69.6% per year across the filed fiscal years. Its solvency ranks better than 49% of 9975 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability77▼-18
Solvency66▲+4
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.42 in 2023; short-term debt: 59.1% and cash: 3.9% of total assets), but 59.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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
40.9%
Return on assets
6.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2025, 40 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
40 d late
2023
23 d late
2022
51 d late
2021
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 35 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
€21,331▲ 18.4%
2023 · €18,017
Total assets
€52,144▲ 5.7%
2023 · €49,343
Net result
€3,314▼ 67.4%
2023 · €10,168
Working capital
€18,913▲ 42.9%
2023 · €13,233
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
Line2021202220232024
Operating result€3,273-€4,250▲ 29.8%€12,879▲ 203%€4,296▼ 66.6%
Net result€2,564within the sector's middle half-€3,286within the sector's middle half▲ 28.2%€10,168within the sector's middle half▲ 209%€3,314within the sector's middle half▼ 67.4%
Equity€4,564below the sector's middle half-€7,849below the sector's middle half▲ 72.0%€18,017within the sector's middle half▲ 130%€21,331within the sector's middle half▲ 18.4%
Total assets€8,346below the sector's middle half-€12,958below the sector's middle half▲ 55.3%€49,343below the sector's middle half▲ 281%€52,144below the sector's middle half▲ 5.7%
Debt€3,782-€5,109▲ 35.1%€31,326▲ 513%€30,813▼ 1.6%
Working capital€1,962within the sector's middle half-€5,898within the sector's middle half▲ 201%€13,233within the sector's middle half▲ 124%€18,913within the sector's middle half▲ 42.9%
Solvency54.7%within the sector's middle half-60.6%within the sector's middle half▲ 5.9pp36.5%within the sector's middle half▼ 24.1pp40.9%within the sector's middle half▲ 4.4pp
Current ratio1.52within the sector's middle half-2.15within the sector's middle half▲ 0.641.42within the sector's middle half▼ 0.731.61within the sector's middle half▲ 0.19
Return on assets (ROA)30.7%above the sector's middle half-25.4%above the sector's middle half▼ 5.4pp20.6%above the sector's middle half▼ 4.7pp6.4%within the sector's middle half▼ 14.3pp
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 67% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €52,144
Fixed assets
€2,418 ▼ 49.5%
Current assets
€49,726 ▲ 11.6%
Equity and liabilities €52,144
Equity
€21,331 ▲ 18.4%
Debt
€30,813 ▼ 1.6%
Debt's share of the balance-sheet total falls from 63.5% to 59.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6,662▼
2023 · €15,245
Cash flow
€5,680▼
2023 · €12,535
Debt to equity
1.44▼
2023 · 1.74
ROE
15.5%▼
2023 · 56.4%
Interest coverage
43.47▼
2023 · 90.40
Debt ≤ 1 year
€30,813▼
2023 · €31,326
Income taxes
€828▼
2023 · €2,542
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | €142,599 | €214,610 | ▲ 50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €650 | €650 | €2,366 | €2,366 | = |
| Other operating charges640/8 | - | - | €792 | €293 | ▼ 63.1% |
| Non-recurring operating charges66A | - | - | €227 | - | - |
| Gross operating margin9900 | €3,924 | €4,900 | €16,265 | €6,955 | ▼ 57.2% |
| Operating profit (loss)9901 | €3,273 | €4,250 | €12,879 | €4,296 | ▼ 66.6% |
| Financial income75/76B | €0 | €0 | - | - | - |
| Recurring financial income75 | €0 | €0 | - | - | - |
| Financial charges65/66B | - | €37 | €169 | €153 | ▼ 9.1% |
| Recurring financial charges65 | - | €37 | €169 | €153 | ▼ 9.1% |
| Profit (loss) for the period before taxes9903 | €3,274 | €4,214 | €12,711 | €4,142 | ▼ 67.4% |
| Income taxes67/77 | €710 | €928 | €2,542 | €828 | ▼ 67.4% |
| Profit (loss) for the period9904 | €2,564 | €3,286 | €10,168 | €3,314 | ▼ 67.4% |
| Profit (loss) for the period to be appropriated9905 | €2,564 | €3,286 | €10,168 | €3,314 | ▼ 67.4% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €8,346 | €12,958 | €49,343 | €52,144 | ▲ 5.7% |
| Fixed assets21/28 | €2,601 | €1,951 | €4,785 | €2,418 | ▼ 49.5% |
| Tangible fixed assets22/27 | €2,601 | €1,951 | €4,785 | €2,418 | ▼ 49.5% |
| Plant, machinery and equipment23 | €2,601 | €1,951 | €1,301 | €650 | ▼ 50.0% |
| Furniture and vehicles24 | - | - | €3,484 | €1,768 | ▼ 49.3% |
| Current assets29/58 | €5,745 | €11,007 | €44,558 | €49,726 | ▲ 11.6% |
| Amounts receivable within one year40/41 | €2,845 | €10,726 | €34,274 | €47,670 | ▲ 39.1% |
| Trade receivables40 | €751 | €9,358 | €33,549 | €41,055 | ▲ 22.4% |
| Other amounts receivable41 | €2,095 | €1,368 | €725 | €6,615 | ▲ 812% |
| Cash at bank and in hand54/58 | €2,721 | €281 | €10,284 | €2,056 | ▼ 80.0% |
| Deferred charges and accrued income490/1 | €178 | - | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €8,346 | €12,958 | €49,343 | €52,144 | ▲ 5.7% |
| Equity10/15 | €4,564 | €7,849 | €18,017 | €21,331 | ▲ 18.4% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €2,564 | €5,849 | €16,017 | €19,331 | ▲ 20.7% |
| Amounts payable17/49 | €3,782 | €5,109 | €31,326 | €30,813 | ▼ 1.6% |
| Amounts payable within one year42/48 | €3,782 | €5,109 | €31,326 | €30,813 | ▼ 1.6% |
| Trade debts44 | €512 | - | €9,321 | €13,956 | ▲ 49.7% |
| Suppliers440/4 | €512 | - | €9,321 | €13,956 | ▲ 49.7% |
| Taxes, remuneration and social security45 | €811 | €2,101 | €17,385 | €16,856 | ▼ 3.0% |
| Taxes450/3 | €811 | €1,638 | €3,431 | €3,269 | ▼ 4.7% |
| Remuneration and social security454/9 | - | €463 | €13,953 | €13,587 | ▼ 2.6% |
| Other amounts payable47/48 | €2,459 | €3,007 | €4,620 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,564 | €3,286 | €10,168 | €3,314 | ▼ 67.4% |
| + Depreciation and write-downs630 | €650 | €650 | €2,366 | €2,366 | = |
| Operating cash flow (approximation) | €3,214 | €3,936 | €12,535 | €5,680 | ▼ 54.7% |
| Investment in fixed assets (approximation) | - | €0 | -€5,200 | €0 | ▲ 100% |
| Change in cash | - | -€2,440 | €10,003 | -€8,228 | ▼ 182% |
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
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Highest result since 2021net €10,168 ▲209%
Operating result €12,879, net result €10,168, both a record.
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Dilbeek · 1 establishment unit since 2021
Ground area
854 m²
Building footprint
241 m²
Volume, LiDAR
2,387 m³
2 parcels, Brussels, Flanders · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
BATICORP
since 20212.314.678.138
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016D0190/00R000 | Flanders | 714 m² | 1 · 154 m² | 13.3 m · 4 fl. |
| 21364B0027/00E012 | Brussels | 140 m² | 1 · 86 m² | 16.1 m · 4 fl. |
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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BE 0826.604.504
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 11,696 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
Founded15-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
23700Cutting, shaping and finishing of stone
33110Repair and maintenance of fabricated metal products
41003General construction of other non-residential buildings
42911Civil engineering
43110Demolition
43120Site preparation
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43341Painting of buildings
43410Roofing work
43422Screed work
43990Other specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0765201128
Registered
16-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.