BATIRO
ActiveSummary
The computed 12-month bankruptcy probability of BATIRO is 1.9% (moderate). The 2025 annual accounts show equity of €74k and a net result of €7k. Equity is growing by ~24.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 7500 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-6
Solvency64▲+10
Growth65▼-1
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.41 in 2024; short-term debt: 60.7% and cash: 19.1% of total assets), but 60.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more 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 2025Solvency, return and age of the figures
Solvency
39.3%
Return on assets
3.8%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 08-09-2025, 8 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2026
not confirmed
2025
8 d late
2024
37 d late
2023
63 d late
2022
29 d late
2021
23 d late
2020
34 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Turnover
€365k▼ 4.2%
2024 · €381k
2019: €332klowest in 7 years
2020: €535k▲ +61.2% vs 2019
2021: €441k▼ -17.5% vs 2020
2022: €574k▲ +30.2% vs 2021highest in 7 years
2023: €468k▼ -18.5% vs 2022
2024: €381k▼ -18.6% vs 2023
2025: €365k▼ -4.2% vs 2024
2019 → 2025
EBIT margin
3.3%▼ 2.6pp
2024 · 6.0%
2019: 2.9%
2020: 2.7%▼ -8.9% vs 2019
2021: 2.6%▼ -1.8% vs 2020
2022: 1.9%▼ -29.0% vs 2021lowest in 7 years
2023: 2.9%▲ +54.3% vs 2022
2024: 6.0%▲ +107% vs 2023highest in 7 years
2025: 3.3%▼ -43.9% vs 2024
2019 → 2025
Net result
€7k▼ 55.3%
2024 · €16k
2019: €7klowest in 7 years
2020: €8k▲ +27.0% vs 2019
2021: €7k▼ -10.3% vs 2020
2022: €8k▲ +3.0% vs 2021
2023: €9k▲ +11.3% vs 2022
2024: €16k▲ +88.8% vs 2023highest in 7 years
2025: €7k▼ -55.3% vs 2024
2019 → 2025
Working capital
€72k▲ 8.8%
2024 · €66k
2019: €17klowest in 7 years
2020: €27k▲ +62.6% vs 2019
2021: €35k▲ +28.8% vs 2020
2022: €42k▲ +20.6% vs 2021
2023: €49k▲ +17.1% vs 2022
2024: €66k▲ +35.2% vs 2023
2025: €72k▲ +8.8% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€441k-€574k▲ 30.2%€468k▼ 18.5%€381k▼ 18.6%€365k▼ 4.2%
2021: €441k
2022: €574k▲ +30.2% vs 2021highest in 5 years
2023: €468k▼ -18.5% vs 2022
2024: €381k▼ -18.6% vs 2023
2025: €365k▼ -4.2% vs 2024lowest in 5 years
Equity€35k-€43k▲ 22.0%€51k▲ 20.0%€67k▲ 31.5%€74k▲ 10.7%
2021: €35klowest in 5 years
2022: €43k▲ +22.0% vs 2021
2023: €51k▲ +20.0% vs 2022
2024: €67k▲ +31.5% vs 2023
2025: €74k▲ +10.7% vs 2024highest in 5 years
Operating result€12k-€11k▼ 7.6%€13k▲ 25.8%€23k▲ 68.5%€12k▼ 46.2%
2021: €12k
2022: €11k▼ -7.6% vs 2021lowest in 5 years
2023: €13k▲ +25.8% vs 2022
2024: €23k▲ +68.5% vs 2023highest in 5 years
2025: €12k▼ -46.2% vs 2024
Net result€7k-€8k▲ 3.0%€9k▲ 11.3%€16k▲ 88.8%€7k▼ 55.3%
2021: €7k
2022: €8k▲ +3.0% vs 2021
2023: €9k▲ +11.3% vs 2022
2024: €16k▲ +88.8% vs 2023highest in 5 years
2025: €7k▼ -55.3% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €189k
Fixed assets
€2k ▲ 133%
Current assets
€187k ▼ 18.3%
Equity and liabilities €189k
Equity
€74k ▲ 10.7%
Debt
€115k ▼ 29.3%
Debt's share of the balance-sheet total falls from 70.7% to 60.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €25k
Cash flow
€8k▼
2024 · €18k
Current ratio
1.63▲
2024 · 1.41
Debt to equity
1.54▼
2024 · 2.42
ROE
9.7%▼
2024 · 24.0%
ROA
3.8%▼
2024 · 7.0%
Interest coverage
9.67▼
2024 · 20.59
Debt ≤ 1 year
€115k▼
2024 · €162k
Income taxes
€3k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€230k€189k▼
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27€1k€2k▲
Furniture and vehicles24€1k€2k▲
Current assets29/58€229k€187k▼
Amounts receivable within one year40/41€205k€150k▼
Trade receivables40€173k€120k▼
Other amounts receivable41€32k€29k▼
Cash at bank and in hand54/58€23k€36k▲
Deferred charges and accrued income490/1-€887
Equity and liabilities
Total equity and liabilities10/49€230k€189k▼
Equity10/15€67k€74k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€59k€66k▲
Amounts payable17/49€162k€115k▼
Amounts payable within one year42/48€162k€115k▼
Trade debts44€141k€100k▼
Suppliers440/4€12k€22k▲
Bills of exchange payable441€129k€78k▼
Taxes, remuneration and social security45€21k€14k▼
Taxes450/3€6k€8k▲
Remuneration and social security454/9€15k€6k▼
Other amounts payable47/48€1k€1k=
Income statement
Code20242025
Turnover70€381k€365k▼
Goods, raw materials, services and sundry goods60/61€353k€349k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€28k€16k▼
Operating profit (loss)9901€23k€12k▼
Financial income75/76B-€3k
Recurring financial income75-€3k
Non-recurring financial income76B-€3k
Financial charges65/66B€1k€5k▲
Recurring financial charges65€1k€1k▲
Non-recurring financial charges66B-€3k
Profit (loss) for the period before taxes9903€21k€10k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€16k€7k▼
Profit (loss) for the period to be appropriated9905€16k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€66k▲
Profit (loss) brought forward from the previous period14P€43k€59k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €441k | €574k | €468k | €381k | €365k | ▼ 4.2% |
| Goods, raw materials, services and sundry goods60/61 | - | €562k | €450k | €353k | €349k | ▼ 1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €318 | €754 | €3k | €2k | €1k | ▼ 43.5% |
| Other operating charges640/8 | - | €483 | €2k | €3k | €3k | ▼ 21.7% |
| Gross operating margin9900 | €12k | €12k | €18k | €28k | €16k | ▼ 43.0% |
| Operating profit (loss)9901 | €12k | €11k | €13k | €23k | €12k | ▼ 46.2% |
| Financial income75/76B | - | - | - | - | €3k | - |
| Recurring financial income75 | - | - | - | - | €3k | - |
| Non-recurring financial income76B | - | - | - | - | €3k | - |
| Financial charges65/66B | - | €836 | €2k | €1k | €5k | ▲ 304% |
| Recurring financial charges65 | €2k | €836 | €2k | €1k | €1k | ▲ 15.1% |
| Non-recurring financial charges66B | - | - | - | - | €3k | - |
| Profit (loss) for the period before taxes9903 | €10k | €10k | €11k | €21k | €10k | ▼ 51.4% |
| Income taxes67/77 | €2k | €2k | €3k | €5k | €3k | ▼ 39.6% |
| Profit (loss) for the period9904 | €7k | €8k | €9k | €16k | €7k | ▼ 55.3% |
| Profit (loss) for the period to be appropriated9905 | €7k | €8k | €9k | €16k | €7k | ▼ 55.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €285k | €213k | €125k | €230k | €189k | ▼ 17.6% |
| Fixed assets21/28 | €231 | €754 | €2k | €1k | €2k | ▲ 133% |
| Tangible fixed assets22/27 | €231 | €754 | €2k | €1k | €2k | ▲ 133% |
| Plant, machinery and equipment23 | - | €115 | - | - | - | - |
| Furniture and vehicles24 | - | €638 | €2k | €1k | €2k | ▲ 133% |
| Current assets29/58 | €285k | €213k | €123k | €229k | €187k | ▼ 18.3% |
| Amounts receivable within one year40/41 | €273k | €205k | €123k | €205k | €150k | ▼ 27.1% |
| Trade receivables40 | - | €192k | €106k | €173k | €120k | ▼ 30.5% |
| Other amounts receivable41 | - | €14k | €16k | €32k | €29k | ▼ 8.8% |
| Cash at bank and in hand54/58 | €12k | €7k | €622 | €23k | €36k | ▲ 56.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €887 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €285k | €213k | €125k | €230k | €189k | ▼ 17.6% |
| Equity10/15 | €35k | €43k | €51k | €67k | €74k | ▲ 10.7% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €27k | €35k | €43k | €59k | €66k | ▲ 12.2% |
| Amounts payable17/49 | €250k | €171k | €74k | €162k | €115k | ▼ 29.3% |
| Amounts payable within one year42/48 | €250k | €171k | €74k | €162k | €115k | ▼ 29.3% |
| Trade debts44 | €205k | €164k | €66k | €141k | €100k | ▼ 29.1% |
| Suppliers440/4 | - | €40k | €27k | €12k | €22k | ▲ 83.2% |
| Bills of exchange payable441 | - | €124k | €39k | €129k | €78k | ▼ 39.5% |
| Taxes, remuneration and social security45 | - | €7k | €8k | €21k | €14k | ▼ 32.5% |
| Taxes450/3 | - | €3k | €4k | €6k | €8k | ▲ 39.3% |
| Remuneration and social security454/9 | - | €3k | €4k | €15k | €6k | ▼ 59.1% |
| Other amounts payable47/48 | - | - | - | €1k | €1k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €8k | €9k | €16k | €7k | ▼ 55.3% |
| + Depreciation and write-downs630 | €318 | €754 | €3k | €2k | €1k | ▼ 43.5% |
| Operating cash flow (approximation) | €8k | €8k | €11k | €18k | €8k | ▼ 53.9% |
| Investment in fixed assets (approximation) | - | €-1k | €-4k | €-1k | €-3k | ▼ 146% |
| Change in cash | - | €-4k | €-6k | €22k | €13k | ▼ 41.9% |
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
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 8 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 37 days late
31-01
Financial
Highest result since 2019net €16k ▲88.8%
Operating result €23k, net result €16k, both a record.
2023
02-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2021
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2020
04-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 34 days late
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 159 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Watermaal-Bosvoorde · 1 establishment unit since 2016
Ground area
1.2 ha
Building footprint
646 m²
Volume, LiDAR
16,901 m³
Parcel 21017D0205/00G000, Brussels · tallest building 30.2 m, ±9 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
BATIRO
since 20162.258.320.841
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0205/00G000 | Brussels | 1.2 ha | 1 · 646 m² | 30.2 m · 9 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.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,226 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-10-2016
Fiscal year end31-01
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.