BATIM
ActiveSummary
BATIM has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€102,984. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 25% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▼-9
Solvency36▼-1
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.27 in 2024; short-term debt: 52.2% and cash: 0.1% of total assets), and 88.6% 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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 2025Solvency, return and age of the figures
Solvency
11.4%
Return on assets
-0.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 4577 sector peers (2025).
NBB · sector comparisonPosition among 4577 sector peers
Solvency
better than 25%
← weakest
strongest →
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
23 d early
2023
27 d early
2022
19 d early
2021
18 d late
2020
2 d late
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€597,036▼ 73.4%
2024 · €2.2m
EBIT margin
45.5%▲ 0.5pp
2024 · 45.0%
Net result
-€102,984
2024 · €381,883
Working capital
-€4.8m▼ 3.8%
2024 · -€4.6m
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
Line20212022202320242025
Turnover€36,629€74,530▲ 103%€1.3m▲ 1,601%€2.2m▲ 76.9%€597,036▼ 73.4%
Operating result-€46,123€129,608€662,493▲ 411%€1.0m▲ 52.3%€271,701▼ 73.1%
Net result-€104,902€77,243€409,307▲ 430%€381,883▼ 6.7%-€102,984
EBIT margin-125.9%173.9%▲ 299.8pp52.2%▼ 121.7pp45.0%▼ 7.3pp45.5%▲ 0.5pp
Equity€563,444▼ 15.7%€640,687▲ 13.7%€1.0m▲ 63.9%€1.4m▲ 36.4%€1.3m▼ 7.2%
Total assets€4.5m▲ 358%€6.1m▲ 35.9%€13.4m▲ 121%€12.4m▼ 7.6%€11.7m▼ 5.6%
Debt€3.9m▲ 1,179%€5.4m▲ 39.1%€12.3m▲ 128%€10.9m▼ 11.4%€10.4m▼ 5.3%
Working capital-€2.6m▼ 2,957%-€4.1m▼ 57.5%-€3.0m▲ 25.8%-€4.6m▼ 50.9%-€4.8m▼ 3.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 73% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.7m
Fixed assets
€10.3m ▼ 3.3%
Current assets
€1.3m ▼ 19.9%
Equity and liabilities €11.7m
Equity
€1.3m ▼ 7.2%
Debt
€10.4m ▼ 5.3%
Debt's share of the balance-sheet total rises from 88.4% to 88.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€682,850▼
2024 · €1.4m
Cash flow
€308,165▼
2024 · €787,074
Current ratio
0.22▼
2024 · 0.27
Quick ratio
0.02▼
2024 · 0.03
Debt to equity
7.80▲
2024 · 7.64
ROE
-7.7%▼
2024 · 26.7%
ROA
-0.9%▼
2024 · 3.1%
Interest coverage
1.83▼
2024 · 2.87
Debt ≤ 1 year
€6.1m▼
2024 · €6.3m
Debt > 1 year
€4.0m▼
2024 · €4.4m
Income taxes
€300▼
2024 · €132,161
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 367 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a small loss
0.5%
went bankrupt
2.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 367 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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €517,054 | €565,980 | €5.0m | €2.1m | €1.2m | ▼ 41.3% |
| Turnover70 | €36,629 | €74,530 | €1.3m | €2.2m | €597,036 | ▼ 73.4% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | €2.9m | -€1.0m | -€245,624 | ▲ 75.7% |
| Other operating income74 | €480,424 | €491,450 | €813,218 | €882,540 | €888,028 | ▲ 0.6% |
| Operating charges60/66A | €563,176 | €436,372 | €4.3m | €1.1m | €967,740 | ▼ 12.3% |
| Goods for resale, raw materials and consumables60 | €17,329 | - | €3.8m | €335,895 | €178,396 | ▼ 46.9% |
| Purchases600/8 | €17,329 | - | €3.8m | €335,895 | €178,396 | ▼ 46.9% |
| Services and other goods61 | €302,446 | €316,466 | €261,762 | €295,063 | €307,862 | ▲ 4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €183,334 | €45,840 | €220,760 | €405,190 | €411,149 | ▲ 1.5% |
| Other operating charges640/8 | €60,067 | €74,065 | €67,240 | €67,925 | €70,333 | ▲ 3.5% |
| Operating profit (loss)9901 | -€46,123 | €129,608 | €662,493 | €1.0m | €271,701 | ▼ 73.1% |
| Financial income75/76B | - | - | €29 | €30 | - | - |
| Recurring financial income75 | - | - | €29 | €30 | - | - |
| Other financial income752/9 | - | - | €29 | €30 | - | - |
| Financial charges65/66B | €58,969 | €52,365 | €124,106 | €494,727 | €374,384 | ▼ 24.3% |
| Recurring financial charges65 | €58,969 | €52,365 | €124,106 | €494,727 | €374,384 | ▼ 24.3% |
| Debt charges650 | €55,188 | €51,968 | €110,030 | €492,716 | €373,634 | ▼ 24.2% |
| Other financial charges652/9 | €3,781 | €397 | €14,076 | €2,011 | €750 | ▼ 62.7% |
| Profit (loss) for the period before taxes9903 | -€105,091 | €77,243 | €538,416 | €514,044 | -€102,684 | ▼ 120% |
| Income taxes67/77 | -€190 | - | €129,108 | €132,161 | €300 | ▼ 99.8% |
| Taxes670/3 | - | - | €129,108 | €132,161 | €300 | ▼ 99.8% |
| Tax adjustments and reversals of tax provisions77 | €190 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€104,902 | €77,243 | €409,307 | €381,883 | -€102,984 | ▼ 127% |
| Profit (loss) for the period to be appropriated9905 | -€104,902 | €77,243 | €409,307 | €381,883 | -€102,984 | ▼ 127% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.5m | €6.1m | €13.4m | €12.4m | €11.7m | ▼ 5.6% |
| Fixed assets21/28 | €4.3m | €5.8m | €10.7m | €10.7m | €10.3m | ▼ 3.3% |
| Intangible fixed assets21 | - | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €3.0m | €4.5m | €9.5m | €9.4m | €9.1m | ▼ 3.8% |
| Land and buildings22 | €2.8m | €2.8m | €9.4m | €9.3m | €9.0m | ▼ 3.8% |
| Plant, machinery and equipment23 | - | - | €0 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | €0 | €0 | €0 | - |
| Assets under construction and advance payments27 | €222,583 | €1.8m | €81,742 | €84,503 | €87,423 | ▲ 3.5% |
| Financial fixed assets28 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Affiliated companies280/1 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Participating interests280 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Current assets29/58 | €154,876 | €262,757 | €2.7m | €1.7m | €1.3m | ▼ 19.9% |
| Stocks and contracts in progress3 | - | - | €2.5m | €1.5m | €1.2m | ▼ 18.3% |
| Contracts in progress37 | - | - | €2.5m | €1.5m | €1.2m | ▼ 18.3% |
| Amounts receivable within one year40/41 | €127,560 | €216,708 | €83,789 | €124,078 | €92,258 | ▼ 25.6% |
| Trade receivables40 | €17,642 | €65,083 | €83,789 | €57,639 | €72,258 | ▲ 25.4% |
| Other amounts receivable41 | €109,918 | €151,625 | - | €66,439 | €20,000 | ▼ 69.9% |
| Cash at bank and in hand54/58 | €5,709 | €6,049 | €82,360 | €9,348 | €10,405 | ▲ 11.3% |
| Deferred charges and accrued income490/1 | €21,607 | €40,000 | €199 | €26,426 | €1,659 | ▼ 93.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.5m | €6.1m | €13.4m | €12.4m | €11.7m | ▼ 5.6% |
| Equity10/15 | €563,444 | €640,687 | €1.0m | €1.4m | €1.3m | ▼ 7.2% |
| Contributions10/11 | €241,163 | €241,163 | €241,163 | €241,163 | €241,163 | = |
| Capital10 | €241,163 | €241,163 | €241,163 | €241,163 | €241,163 | = |
| Issued capital100 | €241,163 | €241,163 | €241,163 | €241,163 | €241,163 | = |
| Reserves13 | €322,281 | €399,524 | €808,832 | €1.2m | €1.1m | ▼ 8.6% |
| Non-distributable reserves130/1 | €24,116 | €24,116 | €24,116 | €24,116 | €24,116 | = |
| Legal reserve130 | €24,116 | €24,116 | €24,116 | €24,116 | €24,116 | = |
| Distributable reserves133 | €298,165 | €375,408 | €784,715 | €1.2m | €1.1m | ▼ 8.8% |
| Amounts payable17/49 | €3.9m | €5.4m | €12.3m | €10.9m | €10.4m | ▼ 5.3% |
| Amounts payable after more than one year17 | €1.1m | €993,333 | €6.6m | €4.4m | €4.0m | ▼ 7.9% |
| Financial debts170/4 | €1.1m | €993,333 | €6.6m | €4.3m | €4.0m | ▼ 8.1% |
| Credit institutions173 | €1.1m | €993,333 | €6.6m | €4.3m | €4.0m | ▼ 8.1% |
| Other amounts payable178/9 | - | - | - | €18,600 | €22,014 | ▲ 18.4% |
| Amounts payable within one year42/48 | €2.8m | €4.4m | €5.7m | €6.3m | €6.1m | ▼ 2.5% |
| Current portion of amounts payable after more than one year42 | €80,000 | €80,000 | €350,000 | €379,167 | €362,500 | ▼ 4.4% |
| Trade debts44 | €115,647 | €53,113 | €516,083 | €25,674 | €26,162 | ▲ 1.9% |
| Suppliers440/4 | €115,647 | €53,113 | €516,083 | €25,674 | €26,162 | ▲ 1.9% |
| Advances received on contracts in progress46 | €18,600 | €18,600 | €93,600 | - | €1,377 | - |
| Taxes, remuneration and social security45 | €45,810 | - | €208,145 | €32,281 | €6,848 | ▼ 78.8% |
| Taxes450/3 | €45,810 | - | €208,145 | €32,281 | €6,848 | ▼ 78.8% |
| Other amounts payable47/48 | €2.5m | €4.2m | €4.5m | €5.8m | €5.7m | ▼ 2.0% |
| Accrued charges and deferred income492/3 | €65,453 | €64,283 | €91,152 | €320,017 | €238,112 | ▼ 25.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€104,902 | €77,243 | €409,307 | €381,883 | -€102,984 | ▼ 127% |
| + Depreciation and write-downs630 | €183,334 | €45,840 | €220,760 | €405,190 | €411,149 | ▲ 1.5% |
| Operating cash flow (approximation) | €78,433 | €123,083 | €630,068 | €787,074 | €308,165 | ▼ 60.8% |
| Investment in fixed assets (approximation) | - | -€1.5m | -€5.2m | -€368,564 | -€55,448 | ▲ 85.0% |
| Change in cash | - | €340 | €76,311 | -€73,012 | €1,057 | ▲ 101% |
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
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €409,307 ▲430%
Net result €409,307, the highest in the series.
31-12
Financial
Equity above €1mEq €1.0m ▲63.9%
2 profitable years in a row build equity to €1.0m.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €77,243
Net result €77,243 after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 18 days late
2021
31-12
Financial
Weakest financial yearnet -€104,902
Net result drops to -€104,902, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Hasselt · 1 establishment unit since 1980
Ground area
1,183 m²
Building footprint
1,137 m²
Volume, LiDAR
1,544 m³
Parcel 71323C1312/00C000, Flanders · tallest building 7.0 m. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
Genkersteenweg 195, 3500 Hasselt
since 19802.017.773.709
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C1312/00C000 | Flanders | 1,183 m² | 1 · 1,137 m² | 7.0 m |
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
Part of the group
RSPO
13 companies
Group, risk and exposure
Owners and holdings
1 owner · 1 holdingChain of control
Highest known parent: RSPO. The sources do not say who stands above it.
Owners 1
- TUAKAparent100%
Holdings 1
-
100%
According to the 2025 annual accounts of BATIM 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 12,042 companies in sector 68203 we hold annual accounts for 5,995. 3,947 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
Founded11-08-1980
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0420672271
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.