BATISWEET
ActiveSummary
BATISWEET has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €419,065 and a net result of €55,815. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 689 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▲+7
Solvency94▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 2.2 against 2.41 in 2023; short-term debt: 22% and cash: 29.2% of total assets), and 31.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
28 d late
2022
83 d late
2021
77 d late
2020
46 d early
2019
68 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 45 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€55,815▲ 199%
2023 · €18,647
Working capital
€161,530▲ 8.3%
2023 · €149,212
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape 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
Line20202021202220232024
Operating result€5,596▼ 67.5%€1,913▼ 65.8%€53,378▲ 2,690%€28,824▼ 46.0%€79,886▲ 177%
Net result€1,293within the sector's middle half▼ 88.0%-€2,279below the sector's middle half€33,933within the sector's middle half€18,647within the sector's middle half▼ 45.0%€55,815within the sector's middle half▲ 199%
Equity€312,949above the sector's middle half▲ 0.4%€310,670above the sector's middle half▼ 0.7%€344,603within the sector's middle half▲ 10.9%€363,250within the sector's middle half▲ 5.4%€419,065within the sector's middle half▲ 15.4%
Total assets€792,028above the sector's middle half▲ 12.2%€744,153above the sector's middle half▼ 6.0%€692,855within the sector's middle half▼ 6.9%€547,721within the sector's middle half▼ 20.9%€611,207within the sector's middle half▲ 11.6%
Debt€479,079▲ 21.5%€433,483▼ 9.5%€348,252▼ 19.7%€184,471▼ 47.0%€192,142▲ 4.2%
Working capital€167,089above the sector's middle half▼ 16.4%€168,935above the sector's middle half▲ 1.1%€214,403within the sector's middle half▲ 26.9%€149,212within the sector's middle half▼ 30.4%€161,530within the sector's middle half▲ 8.3%
Solvency39.5%within the sector's middle half▼ 4.6pp41.7%within the sector's middle half▲ 2.2pp49.7%within the sector's middle half▲ 8.0pp66.3%above the sector's middle half▲ 16.6pp68.6%above the sector's middle half▲ 2.2pp
Current ratio1.74within the sector's middle half▼ 1.441.86within the sector's middle half▲ 0.112.39above the sector's middle half▲ 0.532.41above the sector's middle half▲ 0.012.20within the sector's middle half▼ 0.20
Return on assets (ROA)0.2%below the sector's middle half▼ 1.4pp-0.3%below the sector's middle half▼ 0.5pp4.9%within the sector's middle half▲ 5.2pp3.4%within the sector's middle half▼ 1.5pp9.1%within the sector's middle half▲ 5.7pp
Staff (FTE)8.5above the sector's middle half▼ 7.6%9.5within the sector's middle half6.6within the sector's middle half▼ 30.5%4.7within the sector's middle half▼ 28.8%
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 177% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €611,207
Fixed assets
€315,372 ▲ 7.9%
Current assets
€295,835 ▲ 15.8%
Equity and liabilities €611,207
Equity
€419,065 ▲ 15.4%
Debt
€192,142 ▲ 4.2%
Debt's share of the balance-sheet total falls from 33.7% to 31.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€129,530▲
2023 · €75,247
Cash flow
€105,459▲
2023 · €65,070
Quick ratio
2.19▼
2023 · 2.39
Debt to equity
0.46▼
2023 · 0.51
ROE
13.3%▲
2023 · 5.1%
Interest coverage
34.31▲
2023 · 23.19
Debt ≤ 1 year
€134,305▲
2023 · €106,152
Debt > 1 year
€57,837▼
2023 · €78,319
Income taxes
€23,391▲
2023 · €7,165
Staff costs
€205,898▼
2023 · €216,216
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 31,370 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €194,840 | €274,285 | €216,216 | €205,898 | ▼ 4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,323 | €61,292 | €57,489 | €46,423 | €49,644 | ▲ 6.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €27,767 | €27,767 | - | €36,902 | - |
| Other operating charges640/8 | - | €16,460 | €11,430 | €8,378 | €13,035 | ▲ 55.6% |
| Gross operating margin9900 | €249,182 | €302,272 | €424,349 | €299,841 | €385,365 | ▲ 28.5% |
| Operating profit (loss)9901 | €5,596 | €1,913 | €53,378 | €28,824 | €79,886 | ▲ 177% |
| Financial income75/76B | - | €1,290 | €223 | €233 | €3,095 | ▲ 1,228% |
| Recurring financial income75 | €319 | €1,290 | €223 | €233 | €3,095 | ▲ 1,228% |
| Financial charges65/66B | - | €2,930 | €3,157 | €3,245 | €3,775 | ▲ 16.3% |
| Recurring financial charges65 | €3,119 | €2,930 | €3,157 | €3,245 | €3,775 | ▲ 16.3% |
| Profit (loss) for the period before taxes9903 | €2,796 | €273 | €50,444 | €25,812 | €79,206 | ▲ 207% |
| Income taxes67/77 | €1,503 | €2,552 | €16,511 | €7,165 | €23,391 | ▲ 226% |
| Profit (loss) for the period9904 | €1,293 | -€2,279 | €33,933 | €18,647 | €55,815 | ▲ 199% |
| Profit (loss) for the period to be appropriated9905 | €1,293 | -€2,279 | €33,933 | €18,647 | €55,815 | ▲ 199% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €792,028 | €744,153 | €692,855 | €547,721 | €611,207 | ▲ 11.6% |
| Fixed assets21/28 | €400,364 | €378,481 | €324,292 | €292,357 | €315,372 | ▲ 7.9% |
| Tangible fixed assets22/27 | €400,224 | €378,341 | €324,152 | €292,217 | €315,232 | ▲ 7.9% |
| Land and buildings22 | - | €274,800 | €257,622 | €240,443 | €223,265 | ▼ 7.1% |
| Plant, machinery and equipment23 | - | €74,894 | €45,675 | €32,931 | €78,112 | ▲ 137% |
| Furniture and vehicles24 | - | €28,647 | €20,855 | €18,843 | €13,855 | ▼ 26.5% |
| Financial fixed assets28 | €140 | €140 | €140 | €140 | €140 | = |
| Current assets29/58 | €391,664 | €365,672 | €368,563 | €255,364 | €295,835 | ▲ 15.8% |
| Stocks and contracts in progress3 | €2,857 | €1,250 | €357 | €1,794 | €1,501 | ▼ 16.3% |
| Stocks30/36 | - | €1,250 | €357 | €1,794 | €1,501 | ▼ 16.3% |
| Amounts receivable within one year40/41 | €199,271 | €183,380 | €116,827 | €159,142 | €115,780 | ▼ 27.2% |
| Trade receivables40 | - | €181,761 | €116,827 | €148,715 | €109,484 | ▼ 26.4% |
| Other amounts receivable41 | - | €1,619 | - | €10,427 | €6,296 | ▼ 39.6% |
| Cash at bank and in hand54/58 | €189,423 | €178,625 | €246,379 | €92,822 | €178,554 | ▲ 92.4% |
| Deferred charges and accrued income490/1 | - | €2,417 | €5,000 | €1,606 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €792,028 | €744,153 | €692,855 | €547,721 | €611,207 | ▲ 11.6% |
| Equity10/15 | €312,949 | €310,670 | €344,603 | €363,250 | €419,065 | ▲ 15.4% |
| Contributions10/11 | €92,400 | €92,400 | €92,400 | €92,400 | €92,400 | = |
| Reserves13 | €9,240 | €9,240 | €42,240 | €42,240 | €97,240 | ▲ 130% |
| Non-distributable reserves130/1 | - | €9,240 | €9,240 | - | - | - |
| Reserves not available under the articles1311 | - | €9,240 | €9,240 | - | - | - |
| Distributable reserves133 | - | - | €33,000 | €42,240 | €97,240 | ▲ 130% |
| Profit (loss) carried forward14 | €211,309 | €209,030 | €209,963 | €228,610 | €229,425 | ▲ 0.4% |
| Amounts payable17/49 | €479,079 | €433,483 | €348,252 | €184,471 | €192,142 | ▲ 4.2% |
| Amounts payable after more than one year17 | €254,504 | €229,476 | €194,092 | €78,319 | €57,837 | ▼ 26.2% |
| Financial debts170/4 | - | €123,899 | €98,515 | €78,319 | €57,837 | ▼ 26.2% |
| Other amounts payable178/9 | - | €105,577 | €95,577 | - | - | - |
| Amounts payable within one year42/48 | €224,575 | €196,737 | €154,160 | €106,152 | €134,305 | ▲ 26.5% |
| Financial debts43 | - | €25,028 | €25,384 | €20,196 | €20,482 | ▲ 1.4% |
| Credit institutions430/8 | - | €25,028 | €25,384 | €20,196 | €20,482 | ▲ 1.4% |
| Trade debts44 | €117,978 | €80,413 | €34,218 | €34,899 | €33,202 | ▼ 4.9% |
| Suppliers440/4 | - | €80,413 | €34,218 | €34,899 | €33,202 | ▼ 4.9% |
| Taxes, remuneration and social security45 | - | €79,922 | €83,009 | €40,608 | €63,161 | ▲ 55.5% |
| Taxes450/3 | - | €2,978 | €22,160 | €9,226 | €11,894 | ▲ 28.9% |
| Remuneration and social security454/9 | - | €76,944 | €60,849 | €31,382 | €51,267 | ▲ 63.4% |
| Other amounts payable47/48 | - | €11,374 | €11,549 | €10,449 | €17,460 | ▲ 67.1% |
| Accrued charges and deferred income492/3 | - | €7,270 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,293 | -€2,279 | €33,933 | €18,647 | €55,815 | ▲ 199% |
| + Depreciation and write-downs630 | €57,323 | €61,292 | €57,489 | €46,423 | €49,644 | ▲ 6.9% |
| Operating cash flow (approximation) | €58,616 | €59,013 | €91,422 | €65,070 | €105,459 | ▲ 62.1% |
| Investment in fixed assets (approximation) | - | -€39,409 | -€3,300 | -€14,488 | -€72,659 | ▼ 402% |
| Change in cash | - | -€10,798 | €67,754 | -€153,557 | €85,732 | ▲ 156% |
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
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €55,815 ▲199%
Operating result €79,886, net result €55,815, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
22-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 83 days late
2022
31-12
Financial
Back to profitnet €33,933
Net result €33,933 after one loss-making year.
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
2021
31-12
Financial
Weakest financial yearnet -€2,279
Net result drops to -€2,279, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 62 days late
2018
15-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 76 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 59 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Brussel · 1 establishment unit since 2001
Ground area
334 m²
Building footprint
214 m²
Volume, LiDAR
2,432 m³
2 parcels, Brussels · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
B.S.
since 20012.131.420.392
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818F0017/00X008 | Brussels | 218 m² | 1 · 97 m² | 14.1 m · 4 fl. |
| 21015A0095/00C003 | Brussels | 117 m² | 1 · 117 m² | 18.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
4 categoriesBATISWEET SRL34485
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Of 6,995 companies in sector 81220 we hold annual accounts for 2,414. 1,479 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
Founded02-02-2001
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
81220Other building cleaning and industrial cleaning
Contact
Website
www.batisweet.be
E-mail
batisweet@skynet.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473920422
Registered
12-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.