BATIDAL
ActiveSummary
BATIDAL has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.4m and a net result of €166,130. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 27% of 316 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability58▼-6
Solvency52▲+2
Growth65▼-2
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80,000 at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.22 in 2023; short-term debt: 66.1% and cash: 5.7% of total assets), and 72.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
27.4%
Return on assets
3.4%
Age of the figures
21 mo
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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
37 d early
2022
25 d early
2021
6 d early
2020
31 d early
2019
on the day
← 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 22 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#3 oldest company in Herve, Manufacturing sector#5 fastest grower in the province of Liège, Non-metallic mineral products sector
Turnover
€8.8m▼ 6.7%
2023 · €9.4m
EBIT margin
3.3%▼ 0.8pp
2023 · 4.1%
Net result
€166,130▼ 25.5%
2023 · €222,896
Working capital
€867,497▲ 5.2%
2023 · €824,703
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€8.3m▲ 0.4%€9.4m▲ 13.5%€9.4m€8.8m▼ 6.7%
Operating result€47,174▲ 1,839%€407,020▲ 763%€931,185▲ 129%€384,426▼ 58.7%€289,781▼ 24.6%
Net result€64,319▲ 4,455%€320,881▲ 399%€699,930▲ 118%€222,896▼ 68.2%€166,130▼ 25.5%
EBIT margin0.6%▲ 0.5pp4.3%▲ 3.8pp4.1%3.3%▼ 0.8pp
Equity€1.0m▲ 10.1%€1.0m=€1.3m▲ 33.0%€1.3m▲ 0.3%€1.4m▲ 0.2%
Total assets€4.8m▼ 4.1%€4.8m▲ 0.7%€5.6m▲ 15.8%€5.4m▼ 2.0%€4.9m▼ 9.5%
Debt€3.8m▼ 7.3%€3.8m▲ 0.9%€4.2m▲ 11.2%€4.1m▼ 2.8%€3.6m▼ 12.6%
Working capital€707,886▲ 32.7%€572,111▼ 19.2%€889,893▲ 55.5%€824,703▼ 7.3%€867,497▲ 5.2%
Staff (FTE)19▼ 9.5%19.5▲ 2.6%21.7▲ 11.3%20.7▼ 4.6%21.5▲ 3.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 25% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.9m
Fixed assets
€802,176 ▼ 15.8%
Current assets
€4.1m ▼ 8.1%
Equity and liabilities €4.9m
Equity
€1.4m ▲ 0.2%
Provisions
€5,912 =
Debt
€3.6m ▼ 12.6%
Debt's share of the balance-sheet total falls from 75.1% to 72.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€512,563▼
2023 · €585,028
Cash flow
€388,912▼
2023 · €423,498
Current ratio
1.27▲
2023 · 1.22
Quick ratio
0.79▲
2023 · 0.78
Debt to equity
2.64▼
2023 · 3.03
ROE
12.3%▼
2023 · 16.5%
ROA
3.4%▼
2023 · 4.1%
Interest coverage
5.05▼
2023 · 6.07
Debt ≤ 1 year
€3.3m▼
2023 · €3.7m
Debt > 1 year
€301,520▼
2023 · €408,838
Income taxes
€68,425▼
2023 · €113,221
Staff costs
€1.3m▼
2023 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,653 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 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% | 1.6% |
| 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 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 4,653 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €9.6m | €8.9m | ▼ 7.0% |
| Turnover70 | €8.3m | €9.4m | - | €9.4m | €8.8m | ▼ 6.7% |
| Other operating income74 | - | - | - | €108,972 | €123,880 | ▲ 13.7% |
| Non-recurring operating income76A | - | €33,750 | - | €64,588 | €9,545 | ▼ 85.2% |
| Operating charges60/66A | - | - | - | €9.2m | €8.7m | ▼ 6.2% |
| Goods, raw materials, services and sundry goods60/61 | - | €7.6m | - | - | - | - |
| Goods for resale, raw materials and consumables60 | - | - | - | €6.4m | €6.0m | ▼ 6.2% |
| Purchases600/8 | - | - | - | €6.3m | €5.9m | ▼ 6.4% |
| Change in stocks: decrease (increase)609 | - | - | - | €64,550 | €69,983 | ▲ 8.4% |
| Services and other goods61 | - | - | - | €1.1m | €994,681 | ▼ 5.5% |
| Remuneration, social security and pensions62 | - | €1.1m | €1.2m | €1.3m | €1.3m | ▼ 1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €274,060 | €261,239 | €215,287 | €200,602 | €222,782 | ▲ 11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€378,028 | -€28,148 | €90,830 | €17,739 | ▼ 80.5% |
| Other operating charges640/8 | - | €426,645 | €71,359 | €129,835 | €83,194 | ▼ 35.9% |
| Gross operating margin9900 | €1.4m | €1.8m | €2.4m | - | - | - |
| Operating profit (loss)9901 | €47,174 | €407,020 | €931,185 | €384,426 | €289,781 | ▼ 24.6% |
| Financial income75/76B | - | €63,988 | €66,478 | €59,261 | €59,057 | ▼ 0.3% |
| Recurring financial income75 | €82,687 | €63,988 | €66,478 | €59,261 | €59,057 | ▼ 0.3% |
| Income from current assets751 | - | - | - | €49,375 | €50,244 | ▲ 1.8% |
| Other financial income752/9 | - | - | - | €9,886 | €8,812 | ▼ 10.9% |
| Financial charges65/66B | - | €46,732 | €54,042 | €107,570 | €114,282 | ▲ 6.2% |
| Recurring financial charges65 | €45,541 | €46,732 | €54,042 | €107,570 | €114,282 | ▲ 6.2% |
| Debt charges650 | - | - | - | €96,457 | €101,528 | ▲ 5.3% |
| Other financial charges652/9 | - | - | - | €11,112 | €12,754 | ▲ 14.8% |
| Profit (loss) for the period before taxes9903 | €84,320 | €424,276 | €943,621 | €336,117 | €234,556 | ▼ 30.2% |
| Income taxes67/77 | €20,514 | €103,395 | €243,691 | €113,221 | €68,425 | ▼ 39.6% |
| Taxes670/3 | - | - | - | €113,221 | €68,425 | ▼ 39.6% |
| Profit (loss) for the period9904 | €64,319 | €320,881 | €699,930 | €222,896 | €166,130 | ▼ 25.5% |
| Profit (loss) for the period to be appropriated9905 | €64,319 | €320,881 | €699,930 | €222,896 | €166,130 | ▼ 25.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.8m | €4.8m | €5.6m | €5.4m | €4.9m | ▼ 9.5% |
| Formation expenses20 | - | - | - | €0 | - | - |
| Fixed assets21/28 | €810,850 | €859,084 | €660,535 | €952,300 | €802,176 | ▼ 15.8% |
| Intangible fixed assets21 | - | - | - | €0 | - | - |
| Tangible fixed assets22/27 | €798,678 | €847,047 | €648,498 | €940,264 | €790,104 | ▼ 16.0% |
| Land and buildings22 | - | €1,448 | €845 | €241 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €90,003 | €52,267 | €70,834 | €73,719 | ▲ 4.1% |
| Furniture and vehicles24 | - | €133,123 | €76,415 | €90,482 | €106,541 | ▲ 17.7% |
| Leasing and similar rights25 | - | €376,034 | €313,293 | €619,110 | €495,218 | ▼ 20.0% |
| Other tangible fixed assets26 | - | €246,439 | €205,679 | €159,596 | €114,627 | ▼ 28.2% |
| Financial fixed assets28 | €12,172 | €12,037 | €12,037 | €12,037 | €12,072 | ▲ 0.3% |
| Other financial fixed assets284/8 | - | - | - | €12,037 | €12,072 | ▲ 0.3% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €12,037 | €12,072 | ▲ 0.3% |
| Current assets29/58 | €4.0m | €3.9m | €4.9m | €4.5m | €4.1m | ▼ 8.1% |
| Amounts receivable after more than one year29 | - | - | - | €520,834 | €520,834 | = |
| Trade receivables290 | - | - | - | €520,834 | €520,834 | = |
| Stocks and contracts in progress3 | €1.3m | €1.4m | €1.7m | €1.6m | €1.5m | ▼ 5.0% |
| Stocks30/36 | - | €1.4m | €1.7m | €1.6m | €1.5m | ▼ 5.0% |
| Raw materials and consumables30/31 | - | - | - | €15,573 | €9,665 | ▼ 37.9% |
| Goods purchased for resale34 | - | - | - | €1.6m | €1.5m | ▼ 4.7% |
| Amounts receivable within one year40/41 | €2.1m | €2.3m | €2.9m | €1.9m | €1.8m | ▼ 9.4% |
| Trade receivables40 | - | €1.9m | €2.3m | €1.4m | €1.3m | ▼ 9.2% |
| Other amounts receivable41 | - | €339,301 | €568,652 | €524,506 | €470,908 | ▼ 10.2% |
| Cash at bank and in hand54/58 | €570,303 | €202,740 | €334,894 | €368,766 | €281,261 | ▼ 23.7% |
| Deferred charges and accrued income490/1 | - | €16,850 | €16,308 | €28,626 | €17,426 | ▼ 39.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.8m | €4.8m | €5.6m | €5.4m | €4.9m | ▼ 9.5% |
| Equity10/15 | €1.0m | €1.0m | €1.3m | €1.3m | €1.4m | ▲ 0.2% |
| Contributions10/11 | €105,837 | €105,837 | €105,837 | €105,837 | €105,837 | = |
| Capital10 | - | €105,837 | €105,837 | €105,837 | €105,837 | = |
| Issued capital100 | - | €105,837 | €105,837 | €105,837 | €105,837 | = |
| Reserves13 | €700,102 | €700,102 | €700,101 | €700,101 | €700,101 | = |
| Non-distributable reserves130/1 | - | €10,584 | €10,584 | €10,584 | €10,584 | = |
| Legal reserve130 | - | €10,584 | €10,584 | €10,584 | €10,584 | = |
| Tax-exempt reserves132 | - | €12,920 | €12,920 | €12,920 | €12,920 | = |
| Distributable reserves133 | - | €676,598 | €676,598 | €676,598 | €676,598 | = |
| Profit (loss) carried forward14 | €176,133 | €190,320 | €530,250 | €538,146 | €544,276 | ▲ 1.1% |
| Investment grants15 | - | €16,029 | €10,064 | €5,573 | €1,931 | ▼ 65.4% |
| Provisions and deferred taxes16 | €5,912 | €5,912 | €5,912 | €5,912 | €5,912 | = |
| Deferred taxes168 | - | €5,912 | €5,912 | €5,912 | €5,912 | = |
| Amounts payable17/49 | €3.8m | €3.8m | €4.2m | €4.1m | €3.6m | ▼ 12.6% |
| Amounts payable after more than one year17 | €498,163 | €412,995 | €190,369 | €408,838 | €301,520 | ▼ 26.2% |
| Financial debts170/4 | - | €412,995 | €190,369 | €35,640 | €24,757 | ▼ 30.5% |
| Credit institutions173 | - | - | - | €35,640 | €24,757 | ▼ 30.5% |
| Trade debts175 | - | - | - | €373,198 | €276,763 | ▼ 25.8% |
| Suppliers1750 | - | - | - | €373,198 | €276,763 | ▼ 25.8% |
| Amounts payable within one year42/48 | €3.3m | €3.4m | €4.0m | €3.7m | €3.3m | ▼ 11.1% |
| Current portion of amounts payable after more than one year42 | - | €331,557 | €226,221 | €174,142 | €146,718 | ▼ 15.7% |
| Financial debts43 | - | €1.7m | €2.0m | €2.0m | €1.9m | ▼ 0.5% |
| Credit institutions430/8 | - | €1.7m | €2.0m | €2.0m | €1.9m | ▼ 0.5% |
| Trade debts44 | €1.0m | €820,465 | €847,186 | €903,149 | €661,088 | ▼ 26.8% |
| Suppliers440/4 | - | €820,465 | €847,186 | €870,088 | €627,574 | ▼ 27.9% |
| Bills of exchange payable441 | - | - | - | €33,061 | €33,514 | ▲ 1.4% |
| Advances received on contracts in progress46 | - | - | - | €0 | €0 | - |
| Taxes, remuneration and social security45 | - | €239,612 | €425,398 | €234,405 | €237,874 | ▲ 1.5% |
| Taxes450/3 | - | €165,164 | €334,612 | €139,672 | €136,079 | ▼ 2.6% |
| Remuneration and social security454/9 | - | €74,448 | €90,786 | €94,733 | €101,795 | ▲ 7.5% |
| Other amounts payable47/48 | - | €245,176 | €550,213 | €407,554 | €276,116 | ▼ 32.3% |
| Accrued charges and deferred income492/3 | - | - | €7,895 | €12,596 | €10,096 | ▼ 19.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64,319 | €320,881 | €699,930 | €222,896 | €166,130 | ▼ 25.5% |
| + Depreciation and write-downs630 | €274,060 | €261,239 | €215,287 | €200,602 | €222,782 | ▲ 11.1% |
| Operating cash flow (approximation) | €338,379 | €582,120 | €915,217 | €423,498 | €388,912 | ▼ 8.2% |
| Investment in fixed assets (approximation) | - | -€309,473 | -€16,738 | -€492,368 | -€72,658 | ▲ 85.2% |
| Change in cash | - | -€367,563 | €132,154 | €33,872 | -€87,504 | ▼ 358% |
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 · full schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €699,930 ▲118%
Operating result €931,185, net result €699,930, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €1mEq €1.0m ▲10.1%
3 profitable years in a row build equity to €1.0m.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €1,412 ▼92.7%
Net result drops to €1,412, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
17-12
State Gazette act
Board meeting · Director resignation
Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Herve · 1 establishment unit since 1976
Ground area
2.3 ha
Building footprint
2,407 m²
Volume, LiDAR
15,581 m³
Parcel 63006D0282/00H005, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Rue de Chesseroux 13, 4651 Herve
since 19762.013.043.275
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006D0282/00H005 | Wallonia | 2.3 ha | 1 · 2,407 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
Highest known parent: ZAWAK CONSULTING. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 1
- Sourceaccounts P.M.O. 20245%
According to the 2022 annual accounts of BATIDAL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 401 companies in sector 23610 we hold annual accounts for 315. 229 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-12-1976
Fiscal year end31-12
Activities, NACEBEL 2025
23610Manufacture of other non-metallic mineral products
46831Wholesale of construction materials, general range
E-invoicing
Reachable via Peppol
Peppol ID
0208:0416683591
Also
9925:BE0416683591
Registered
23-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.