"BATIREK"

Active

Private limited companyfounded 200619 yrs activeAlsembergsesteenweg 40, 1630 Linkebeek, BelgiumKBO/BCE: BE 0884.205.379

"BATIREK" has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €61k and a net result of €-9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 75% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

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Checked score

Score 2024

56 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability6▼-94

Solvency94▲+13

Growth35▼-17

Track record100

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity ample (current ratio 3.13 against 2.24 in 2023; short-term debt: 31% and cash: 7.2% of total assets), and 31% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

69%

Return on assets

-10.3%

Age of the figures

21 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

23 d early

2023

18 d early

2022

11 d early

2021

5 d late

2020

47 d late

2019

53 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€299k▼ 57.9%

2018 · €711k

2018: €711k

2018 → 2023

EBIT margin

21.0%▲ 20.7pp

2018 · 0.3%

2018: 0.3%

2018 → 2023

Net result

€-9k

2023 · €43k

2018: €980 2019: €4k 2020: €-794 2021: €23k 2022: €36k 2023: €43k

2018 → 2024

Working capital

€58k▼ 13.2%

2023 · €67k

2018: €-34k 2019: €-34k 2020: €-45k 2021: €-26k 2022: €15k 2023: €67k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€299k

Equity€-32k-€-9k▲ 71.5%€27k€70k▲ 161%€61k▼ 13.0%

Operating result€-158-€23k€37k▲ 63.7%€63k▲ 67.4%€-9k

Net result€-794-€23k€36k▲ 58.5%€43k▲ 20.5%€-9k

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €9k after €63k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €88k

97.2%

Fixed assets €2k▼ 7.4%

Current assets €86k▼ 29.4%

Equity and liabilities €88k

69.0%

31.0%

Equity €61k▼ 13.0%

Debt €27k▼ 49.5%

The debt ratio falls from 43.6% to 31.0%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-8k▼

2023 · €63k

Cash flow

€-8k▼

2023 · €43k

Solvency

69.0%▲

2023 · 56.4%

Current ratio

3.13▲

2023 · 2.24

Quick ratio

3.13▲

2023 · 2.24

Debt / equity

0.45▼

2023 · 0.77

ROE

-14.9%▼

2023 · 61.7%

ROA

-10.3%▼

2023 · 34.8%

Interest coverage

-7.52▼

2023 · 89.48

Debt

€27k▼

2023 · €54k

Debt ≤ 1 year

€27k▼

2023 · €54k

Income taxes

€84▼

2023 · €19k

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€124k€88k▼

Fixed assets21/28€3k€2k▼

Tangible fixed assets22/27€2k€2k▼

Plant, machinery and equipment23€803€1k▲

Furniture and vehicles24€2k€1k▼

Financial fixed assets28€250€250=

Current assets29/58€121k€86k▼

Amounts receivable within one year40/41€97k€79k▼

Trade receivables40€91k€62k▼

Other amounts receivable41€5k€17k▲

Cash at bank and in hand54/58€25k€6k▼

Deferred charges and accrued income490/1-€391

Equity and liabilities

Total equity and liabilities10/49€124k€88k▼

Equity10/15€70k€61k▼

Contributions10/11€19k€19k=

Outside capital11€19k-

Other1109/19€19k-

Reserves13€45k€45k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€43k€43k=

Profit (loss) carried forward14€6k€-3k▼

Amounts payable17/49€54k€27k▼

Amounts payable within one year42/48€54k€27k▼

Trade debts44€23k€6k▼

Suppliers440/4€23k€6k▼

Taxes, remuneration and social security45€29k€22k▼

Taxes450/3€27k€18k▼

Remuneration and social security454/9€2k€4k▲

Other amounts payable47/48€2k-

Income statement Code20232024

Turnover70€299k-

Goods, raw materials, services and sundry goods60/61€233k-

Remuneration, social security and pensions62€160-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50€1k▲

Other operating charges640/8€4k€1k▼

Gross operating margin9900€67k€-6k▼

Operating profit (loss)9901€63k€-9k▼

Financial income75/76B€2€662▲

Recurring financial income75€2€662▲

Financial charges65/66B€701€1,000▲

Recurring financial charges65€701€1,000▲

Profit (loss) for the period before taxes9903€62k€-9k▼

Income taxes67/77€19k€84▼

Profit (loss) for the period9904€43k€-9k▼

Profit (loss) for the period to be appropriated9905€43k€-9k▼

Appropriation of the result

Profit (loss) to be appropriated9906€49k€-3k▼

Profit (loss) brought forward from the previous period14P€6k€6k▲

Transfer to equity691/2€43k-

To other reserves6921€43k-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

08-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-9k ▼121%

Net result drops to €-9k, the lowest in the series.

13-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Highest result since 2018net €43k ▲20.5%

Operating result €63k, net result €43k, both a record.

20-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Liquidity triplescurrent ratio 1.25

Current ratio from 0.43 to 1.25.

05-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 5 days late

2021

31-12

Financial Back to profitnet €23k

Net result €23k after one loss-making year.

16-09

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 47 days late

2020

22-09

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 53 days late

2019

27-09

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 58 days late

2018

29-08

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 29 days late

2017

19-09

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 50 days late

2016

25-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 25 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Linkebeek · 1 establishment unit since 2006

establishment The establishment unit on the map

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.

Alsembergsesteenweg 401630 Linkebeek

Ground area

224 m²

Building footprint

72 m²

Volume, LiDAR

490 m³

Parcel 22003A0047/00N008, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Alsembergsesteenweg 40, 1630 Linkebeek

General construction of residential buildings

since 20062.158.656.509

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
22003A0047/00N008	Flanders	224 m²	1 · 72 m²	9.5 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Begijnendijk · Eq €61k

RSW

BE 0668.366.028

Lier · Eq €61k

Of 15,541 companies in sector 43990 we hold annual accounts for 7,422. 6,186 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded12-10-2006

Fiscal year end31-12

Activities, NACEBEL

43990Other specialised construction activities

43999Specialised construction activities

45250

43230Insulation installation

43291Specialised construction activities

43332Laying of wooden floor and wall coverings

43341Painting of buildings

45432

45441

Sources

Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.