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Batigol

Active
Private limited companyfounded 20233 yrs activeKortrijksesteenweg 1166, 9051 Gent, BelgiumKBO/BCE: BE 0797.040.387
Summary

Batigol has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€178,640) and a net result of -€135,860. Equity is shrinking by ~161.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability15▼-3
Solvency21▲+10
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.0 in 2024; short-term debt: 33.9% and cash: 0% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 2025
Solvency, return and age of the figures
Solvency
-4.4%
Return on assets
-3.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€178,640
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
7 d early
2024
11 d late
2023
107 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

Batigol was incorporated on 11 January 2023 as a Private limited company.1 Total assets rose from EUR 301,799 in 2023 to EUR 4.1 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€178,640▼ 318%
2024 · -€42,780
Total assets
€4.1m▲ 1,262%
2024 · €300,070
Net result
-€135,860▼ 6,885%
2024 · -€1,945
Working capital
-€1.3m▼ 279%
2024 · -€342,780
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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
Line202320242025
Operating result-€43,304--€1,866▲ 95.7%-€108,501▼ 5,715%
Net result-€43,335below the sector's middle half--€1,945within the sector's middle half▲ 95.5%-€135,860below the sector's middle half▼ 6,885%
Equity-€40,835below the sector's middle half--€42,780below the sector's middle half▼ 4.8%-€178,640below the sector's middle half▼ 318%
Total assets€301,799within the sector's middle half-€300,070below the sector's middle half▼ 0.6%€4.1mabove the sector's middle half▲ 1,262%
Debt€342,634-€342,850▲ 0.1%€4.3m▲ 1,144%
Working capital-€340,835below the sector's middle half--€342,780below the sector's middle half▼ 0.6%-€1.3mbelow the sector's middle half▼ 279%
Solvency-13.5%below the sector's middle half--14.3%below the sector's middle half▼ 0.7pp-4.4%below the sector's middle half▲ 9.9pp
Current ratio0.01below the sector's middle half-0.00below the sector's middle half▼ 0.010.06below the sector's middle half▲ 0.06
Return on assets (ROA)-14.4%below the sector's middle half--0.6%within the sector's middle half▲ 13.7pp-3.3%below the sector's middle half▼ 2.7pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2023: -€43,304-€43,304Net result 2023: -€43,335-€43,335Operating result 2024: -€1,866-€1,866Net result 2024: -€1,945-€1,945Operating result 2025: -€108,501-€108,501Net result 2025: -€135,860-€135,860202320242025-€150,000-€100,000-€50,000€0Operating result 2023: -€43,304-€43,300Net result 2023: -€43,335-€43,300Operating result 2024: -€1,866-€1,870Net result 2024: -€1,945-€1,940Operating result 2025: -€108,501-€109,000Net result 2025: -€135,860-€136,000202320242025
The operating result stays negative: a loss of €108,501 in 2025 against €1,866 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.1m
Fixed assets €4.0m ▲ 1,233%
Current assets €86,302 ▲ 123,400%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€97,168▼
2024 · -€1,866
Cash flow
-€124,527▼
2024 · -€1,945
Debt to equity
-23.88▼
2024 · -8.01
Interest coverage
-1.85▲
2024 · -23.56
Debt ≤ 1 year
€1.4m▲
2024 · €342,850
Debt > 1 year
€2.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,253 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a small loss
0.9% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,253 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€300,070€4.1m▲
Fixed assets21/28€300,000€4.0m▲
Intangible fixed assets21-€127,472
Tangible fixed assets22/27€300,000€3.9m▲
Land and buildings22€300,000€3.8m▲
Assets under construction and advance payments27-€63,057
Current assets29/58€70€86,302▲
Amounts receivable within one year40/41-€66,302
Trade receivables40-€46,256
Other amounts receivable41-€20,046
Cash at bank and in hand54/58€70€0▼
Deferred charges and accrued income490/1-€20,000
Equity and liabilities
Total equity and liabilities10/49€300,070€4.1m▲
Equity10/15-€42,780-€178,640▼
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14-€45,280-€181,140▼
Amounts payable17/49€342,850€4.3m▲
Amounts payable after more than one year17-€2.9m
Financial debts170/4-€2.9m
Amounts payable within one year42/48€342,850€1.4m▲
Current portion of amounts payable after more than one year42-€93,006
Financial debts43-€40
Credit institutions430/8-€40
Trade debts44€0€751,959▲
Suppliers440/4€0€751,959▲
Other amounts payable47/48€342,850€541,943▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€11,333▲
Other operating charges640/8€265€673▲
Gross operating margin9900-€1,601-€96,495▼
Operating profit (loss)9901-€1,866-€108,501▼
Financial income75/76B-€25,096
Recurring financial income75-€25,096
Financial charges65/66B€79€52,456▲
Recurring financial charges65€79€52,456▲
Profit (loss) for the period before taxes9903-€1,945-€135,860▼
Profit (loss) for the period9904-€1,945-€135,860▼
Profit (loss) for the period to be appropriated9905-€1,945-€135,860▼
Appropriation of the result
Profit (loss) to be appropriated9906-€45,280-€181,140▼
Profit (loss) brought forward from the previous period14P-€43,335-€45,280▼

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Goods, raw materials, services and sundry goods60/61€5,419---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,500€0€11,333-
Other operating charges640/8€384€265€673▲ 154%
Gross operating margin9900-€5,419-€1,601-€96,495▼ 5,929%
Operating profit (loss)9901-€43,304-€1,866-€108,501▼ 5,715%
Financial income75/76B--€25,096-
Recurring financial income75--€25,096-
Financial charges65/66B€31€79€52,456▲ 66,140%
Recurring financial charges65€31€79€52,456▲ 66,140%
Profit (loss) for the period before taxes9903-€43,335-€1,945-€135,860▼ 6,885%
Profit (loss) for the period9904-€43,335-€1,945-€135,860▼ 6,885%
Profit (loss) for the period to be appropriated9905-€43,335-€1,945-€135,860▼ 6,885%
Line202320242025Change
Assets
Total assets20/58€301,799€300,070€4.1m▲ 1,262%
Fixed assets21/28€300,000€300,000€4.0m▲ 1,233%
Intangible fixed assets21--€127,472-
Tangible fixed assets22/27€300,000€300,000€3.9m▲ 1,191%
Land and buildings22€300,000€300,000€3.8m▲ 1,170%
Assets under construction and advance payments27--€63,057-
Current assets29/58€1,799€70€86,302▲ 123,400%
Amounts receivable within one year40/41--€66,302-
Trade receivables40--€46,256-
Other amounts receivable41--€20,046-
Cash at bank and in hand54/58€1,799€70€0▼ 100%
Deferred charges and accrued income490/1--€20,000-
Equity and liabilities
Total equity and liabilities10/49€301,799€300,070€4.1m▲ 1,262%
Equity10/15-€40,835-€42,780-€178,640▼ 318%
Contributions10/11€2,500€2,500€2,500=
Profit (loss) carried forward14-€43,335-€45,280-€181,140▼ 300%
Amounts payable17/49€342,634€342,850€4.3m▲ 1,144%
Amounts payable after more than one year17--€2.9m-
Financial debts170/4--€2.9m-
Amounts payable within one year42/48€342,634€342,850€1.4m▲ 305%
Current portion of amounts payable after more than one year42--€93,006-
Financial debts43--€40-
Credit institutions430/8--€40-
Trade debts44€384€0€751,959-
Suppliers440/4€384€0€751,959-
Other amounts payable47/48€342,250€342,850€541,943▲ 58.1%
Line202320242025Change
Profit (loss) for the period9904-€43,335-€1,945-€135,860▼ 6,885%
+ Depreciation and write-downs630€37,500€0€11,333-
Operating cash flow (approximation)-€5,835-€1,945-€124,527▼ 6,303%
Investment in fixed assets (approximation)-€0-€3.7m-
Change in cash--€1,729-€70▲ 96.0%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€135,860
Net result drops to -€135,860, the lowest in the series.
11-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
15-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Gent · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
900 m²
Building footprint
229 m²
Volume, LiDAR
1,396 m³
Parcel 44062B0080/00Z002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
16 companies at this address See who is registered here
1 establishment unit
BATIGOL HQ
Kortrijksesteenweg 1166, 9051 GentRenting and operating of own or leased non-residential real estate, excluding land
since 20252.372.142.621
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44062B0080/00Z002 Flanders 900 m² 1 · 229 m² 10.4 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

Chain of control

  1. CANTONA 100%
  2. Batigol

Highest known parent: CANTONA. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,042 companies in sector 68203 we hold annual accounts for 6,005. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797040387
Registered 09-12-2025

Register as of 28 September 2026 · Peppol Directory

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