BATIMO & CO
ActiveBATIMO & CO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €150k and a net result of €26k. Equity is shrinking by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 19351 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▲+42
Solvency53▲+13
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 0.85 in 2023; short-term debt: 7.5% and cash: 8.4% of total assets), but 72.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €150k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
48 d late
2023
50 d early
2022
32 d early
2021
39 d early
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€150k▲ 85.9%
2023 · €81k
2020: €125k
2021: €101k
2022: €96k
2023: €81k
2020 → 2024
Total assets
€539k▲ 1.4%
2023 · €531k
2020: €619k
2021: €612k
2022: €564k
2023: €531k
2020 → 2024
Net result
€26k
2023 · €-15k
2020: €25k
2021: €-24k
2022: €-5k
2023: €-15k
2020 → 2024
Working capital
€52k
2023 · €-11k
2020: €-9k
2021: €22k
2022: €11k
2023: €-11k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€125k-€101k▼ 19.4%€96k▼ 4.6%€81k▼ 15.9%€150k▲ 85.9%
Operating result€35k-€-12k€4k€-7k€20k
Net result€25k-€-24k€-5k▲ 80.8%€-15k▼ 228%€26k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €20k after a loss of €7k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €539k
Fixed assets
€447k▼ 5.3%
Current assets
€92k▲ 54.8%
Equity and liabilities €539k
Equity
€150k▲ 85.9%
Debt
€389k▼ 13.7%
The debt ratio falls from 84.8% to 72.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45k▲
2023 · €18k
Cash flow
€51k▲
2023 · €10k
Solvency
27.8%▲
2023 · 15.2%
Current ratio
2.29▲
2023 · 0.85
Quick ratio
2.29▲
2023 · 0.85
Debt / equity
2.59▼
2023 · 5.59
ROE
17.1%▲
2023 · -18.9%
ROA
4.8%▲
2023 · -2.9%
Interest coverage
7.31▲
2023 · 2.15
Debt
€389k▼
2023 · €451k
Debt ≤ 1 year
€40k▼
2023 · €70k
Debt > 1 year
€349k▼
2023 · €380k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€531k€539k▲
Fixed assets21/28€472k€447k▼
Tangible fixed assets22/27€472k€447k▼
Land and buildings22€472k€447k▼
Current assets29/58€59k€92k▲
Amounts receivable after more than one year29€38k€28k▼
Other amounts receivable291€38k€28k▼
Amounts receivable within one year40/41€1k€6k▲
Other amounts receivable41€1k€6k▲
Cash at bank and in hand54/58€1k€45k▲
Deferred charges and accrued income490/1€19k€13k▼
Equity and liabilities
Total equity and liabilities10/49€531k€539k▲
Equity10/15€81k€150k▲
Contributions10/11€100k€100k=
Profit (loss) carried forward14€-19k€6k▲
Investment grants15-€44k
Amounts payable17/49€451k€389k▼
Amounts payable after more than one year17€380k€349k▼
Financial debts170/4€380k€349k▼
Amounts payable within one year42/48€70k€40k▼
Current portion of amounts payable after more than one year42€31k€35k▲
Trade debts44€9k€5k▼
Suppliers440/4€9k€5k▼
Other amounts payable47/48€30k-
Income statement
Code20232024
Non-recurring operating income76A-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k=
Other operating charges640/8€11k€1k▼
Gross operating margin9900€29k€47k▲
Operating profit (loss)9901€-7k€20k▲
Financial income75/76B-€11k
Recurring financial income75-€11k
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€-15k€26k▲
Income taxes67/77€-16-
Profit (loss) for the period9904€-15k€26k▲
Profit (loss) for the period to be appropriated9905€-15k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€6k▲
Profit (loss) brought forward from the previous period14P€-4k€-19k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
31-12
Financial
Back to profitnet €26k
Net result €26k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 2.29
Current ratio from 0.85 to 2.29; short-term debt falls from €70k to €40k.
31-12
Financial
Equity above €100kEq €150k ▲85.9%
Equity rises from €81k to €150k.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-24k ▼198%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Thuin · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue DELI XL 26530 ThuinGround area
7,264 m²
Parcel 52392C0756/00P023, Wallonia. Linked by address, not a title deed.
1 establishment unit
BATIMO & CO
since 20192.292.417.925
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52392C0756/00P023 | Wallonia | 7,264 m² | - | - |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,292 companies in sector 68122 we hold annual accounts for 899. 566 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2019
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
68110Buying and selling of own real estate
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.