BATITEK
ActiveSummary
The computed 12-month bankruptcy probability of BATITEK is 3.4% (moderate). The 2024 annual accounts show equity of €6,000 and a net result of €27,362. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 36381 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+24
Solvency33▼-57
Growth58▼-20
Track record92
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
+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
raises risk · 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
Specialised construction activities (NACE 43)
about 85% 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 2024Solvency, return and age of the figures
Solvency
8.1%
Return on assets
37.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 36381 sector peers (2024).
NBB · sector comparisonPosition among 36381 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
57 d late
2022
59 d late
2021
73 d late
2020
72 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 64 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€6,000▼ 84.9%
2023 · €39,616
Total assets
€73,651▲ 20.9%
2023 · €60,902
Net result
€27,362▲ 654%
2023 · €3,631
Working capital
-€9,486
2023 · €28,043
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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€3,290-€12,800▲ 289%€20,637▲ 61.2%€5,021▼ 75.7%€28,405▲ 466%
Net result€2,486within the sector's middle half-€10,188within the sector's middle half▲ 310%€17,311within the sector's middle half▲ 69.9%€3,631within the sector's middle half▼ 79.0%€27,362within the sector's middle half▲ 654%
Equity€8,486below the sector's middle half-€18,674below the sector's middle half▲ 120%€35,985within the sector's middle half▲ 92.7%€39,616within the sector's middle half▲ 10.1%€6,000below the sector's middle half▼ 84.9%
Total assets€19,330below the sector's middle half-€28,549below the sector's middle half▲ 47.7%€42,499below the sector's middle half▲ 48.9%€60,902below the sector's middle half▲ 43.3%€73,651within the sector's middle half▲ 20.9%
Debt€10,844-€9,875▼ 8.9%€6,515▼ 34.0%€21,286▲ 227%€67,651▲ 218%
Working capital€8,486within the sector's middle half-€18,674within the sector's middle half▲ 120%€19,890within the sector's middle half▲ 6.5%€28,043within the sector's middle half▲ 41.0%-€9,486below the sector's middle half
Solvency43.9%within the sector's middle half-65.4%within the sector's middle half▲ 21.5pp84.7%above the sector's middle half▲ 19.3pp65.0%within the sector's middle half▼ 19.6pp8.1%below the sector's middle half▼ 56.9pp
Current ratio1.78within the sector's middle half-2.89within the sector's middle half▲ 1.114.05above the sector's middle half▲ 1.162.67within the sector's middle half▼ 1.380.83below the sector's middle half▼ 1.85
Return on assets (ROA)12.9%within the sector's middle half-35.7%above the sector's middle half▲ 22.8pp40.7%above the sector's middle half▲ 5.0pp6.0%within the sector's middle half▼ 34.8pp37.2%above the sector's middle half▲ 31.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 466% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €73,651
Fixed assets
€28,468 ▲ 77.0%
Current assets
€45,183 ▲ 0.8%
Equity and liabilities €73,651
Equity
€6,000 ▼ 84.9%
Debt
€67,651 ▲ 218%
Debt's share of the balance-sheet total rises from 35.0% to 91.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€41,250▲
2023 · €11,835
Cash flow
€40,207▲
2023 · €10,445
Debt to equity
11.28▲
2023 · 0.54
ROE
456.0%▲
2023 · 9.2%
Interest coverage
11.45▼
2023 · 29.64
Debt ≤ 1 year
€54,669▲
2023 · €16,776
Debt > 1 year
€12,982▲
2023 · €4,510
Income taxes
-€490▼
2023 · €991
Staff costs
€59,910▲
2023 · €35,837
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
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: 3.4% 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 2,153 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €12 | €16 | €7,825 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €16,254 | €36,241 | €35,837 | €59,910 | ▲ 67.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €4,610 | €6,814 | €12,845 | ▲ 88.5% |
| Other operating charges640/8 | - | €5 | €1,145 | €4,056 | €869 | ▼ 78.6% |
| Non-recurring operating charges66A | - | - | €0 | - | - | - |
| Gross operating margin9900 | €6,911 | €29,059 | €62,633 | €51,728 | €102,029 | ▲ 97.2% |
| Operating profit (loss)9901 | €3,290 | €12,800 | €20,637 | €5,021 | €28,405 | ▲ 466% |
| Financial income75/76B | - | €44 | €1,302 | - | €2,069 | - |
| Recurring financial income75 | €6 | €44 | €1,302 | - | €2,069 | - |
| Financial charges65/66B | - | €106 | €298 | €399 | €3,602 | ▲ 802% |
| Recurring financial charges65 | €189 | €106 | €298 | €399 | €3,602 | ▲ 802% |
| Profit (loss) for the period before taxes9903 | €3,108 | €12,738 | €21,642 | €4,622 | €26,872 | ▲ 481% |
| Income taxes67/77 | €622 | €2,550 | €4,331 | €991 | -€490 | ▼ 149% |
| Profit (loss) for the period9904 | €2,486 | €10,188 | €17,311 | €3,631 | €27,362 | ▲ 654% |
| Profit (loss) for the period to be appropriated9905 | €2,486 | €10,188 | €17,311 | €3,631 | €27,362 | ▲ 654% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19,330 | €28,549 | €42,499 | €60,902 | €73,651 | ▲ 20.9% |
| Fixed assets21/28 | - | - | €16,095 | €16,083 | €28,468 | ▲ 77.0% |
| Tangible fixed assets22/27 | - | - | €16,095 | €16,083 | €28,105 | ▲ 74.8% |
| Furniture and vehicles24 | - | - | €16,095 | €16,083 | €28,105 | ▲ 74.8% |
| Financial fixed assets28 | - | - | - | - | €363 | - |
| Current assets29/58 | €19,330 | €28,549 | €26,404 | €44,819 | €45,183 | ▲ 0.8% |
| Stocks and contracts in progress3 | €420 | €808 | €1,342 | €1,653 | €0 | ▼ 100% |
| Stocks30/36 | - | €808 | €1,342 | €1,653 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €7,757 | €7,645 | €21,714 | €3,567 | €4,355 | ▲ 22.1% |
| Trade receivables40 | - | €538 | €4,271 | €1,398 | €3,327 | ▲ 138% |
| Other amounts receivable41 | - | €7,107 | €17,443 | €2,169 | €1,028 | ▼ 52.6% |
| Cash at bank and in hand54/58 | €11,153 | €20,097 | €2,199 | €37,966 | €38,144 | ▲ 0.5% |
| Deferred charges and accrued income490/1 | - | - | €1,150 | €1,633 | €2,684 | ▲ 64.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19,330 | €28,549 | €42,499 | €60,902 | €73,651 | ▲ 20.9% |
| Equity10/15 | €8,486 | €18,674 | €35,985 | €39,616 | €6,000 | ▼ 84.9% |
| Contributions10/11 | - | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €2,486 | €12,674 | €29,985 | €33,616 | €0 | ▼ 100% |
| Distributable reserves133 | - | €12,674 | €29,985 | €33,616 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €10,844 | €9,875 | €6,515 | €21,286 | €67,651 | ▲ 218% |
| Amounts payable after more than one year17 | - | - | - | €4,510 | €12,982 | ▲ 188% |
| Financial debts170/4 | - | - | - | €4,510 | €12,982 | ▲ 188% |
| Amounts payable within one year42/48 | €10,844 | €9,875 | €6,515 | €16,776 | €54,669 | ▲ 226% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,016 | €7,982 | ▲ 165% |
| Trade debts44 | €8,478 | €5,357 | - | €3,151 | €17,711 | ▲ 462% |
| Suppliers440/4 | - | €5,357 | - | €3,151 | €17,711 | ▲ 462% |
| Taxes, remuneration and social security45 | - | €4,518 | €6,515 | €2,548 | €17,350 | ▲ 581% |
| Taxes450/3 | - | €2,060 | €6,390 | €240 | €10,324 | ▲ 4,200% |
| Remuneration and social security454/9 | - | €2,458 | €124 | €2,308 | €7,026 | ▲ 204% |
| Other amounts payable47/48 | - | - | - | €8,062 | €11,626 | ▲ 44.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,486 | €10,188 | €17,311 | €3,631 | €27,362 | ▲ 654% |
| + Depreciation and write-downs630 | - | - | €4,610 | €6,814 | €12,845 | ▲ 88.5% |
| Operating cash flow (approximation) | €2,486 | €10,188 | €21,920 | €10,445 | €40,207 | ▲ 285% |
| Investment in fixed assets (approximation) | - | - | - | -€6,801 | -€25,230 | ▼ 271% |
| Change in cash | - | €8,944 | -€17,898 | €35,767 | €178 | ▼ 99.5% |
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
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Highest result since 2020net €27,362 ▲654%
Operating result €28,405, net result €27,362, both a record.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
22-03
KBO administration
UBO non-compliance
event 11-03-2024
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 72 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, La Louvière · 1 establishment unit since 2020
Ground area
820 m²
Building footprint
127 m²
Volume, LiDAR
1,071 m³
2 parcels, Wallonia · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BATITEK
since 20202.301.559.184
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51034B0607/00G002 | Wallonia | 513 m² | 1 · 106 m² | 11.7 m · 3 fl. |
| 55020A0189/00E003 | Wallonia | 306 m² | 1 · 22 m² | 2.0 m |
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.
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Of 15,524 companies in sector 43990 we hold annual accounts for 7,427. 3,089 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
Founded15-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0745985824
Also
9925:BE0745985824
Registered
16-10-2025
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.