BatiTerre
ActiveFrom the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
BatiTerre has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €304,668 and a net result of €622, of which €670 non-recurring income. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 49% of 13,692 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
KBO- Status
- Active since 18-08-2020 Normal situation
- Legal form
- Cooperative company
- Registered office
- Heyvaertstraat 140, 1080 Sint-Jans-Molenbeek
- Activity
- Wholesale trade NACE 46872and 1 other
- Establishment units
- 3 establishment units
- Financial year end
- 31 December
- Peppol
- Reachable since 01-01-2026
Who decides
- François MalaiseChair
- Charles-Antoine KervynManaging director
- Nicolas SmetsManaging director
- Arnaud DawansDirector
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €499,845
- ▲ 21.0%
- Turnover
- ≈ €2.5m
- estimated
- Profit
- €622
- Equity
- €304,668
- ▲ 103%
- Total assets
- €769,926
- ▲ 21.9%
- Staff
- 7.6 FTE
- ▲ 26.7%
Why 92raises riskFounded in 2020lowers riskSize: total assets €769,926Figures for financial year 2025 (filed 24-08-2026)Liquidity: current ratio 2.69, cash €277,889Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 48% on solvency, 83% on liquidity, 51% on profitability and 94% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 5 accounts on average 3 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00416528.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 24-08-2026
- Format
- micro format
- Reference
- 2026-00416528
2021 to 2025, 5 financial years
The operating result returns to profit in 2025: €2,156 after a loss of €10,183 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 5,047 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 93.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,445 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 5,047 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2,261 | €419 | - | €670 | - |
| Remuneration, social security and pensions62 | €94,652 | €160,429 | €244,519 | €335,951 | €402,697 | ▲ 19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,070 | €3,922 | €7,030 | €15,517 | €42,688 | ▲ 175% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €450 | -€78 | -€372 | €0 | - |
| Other operating charges640/8 | €40,675 | €40,677 | €52,952 | €72,291 | €52,079 | ▼ 28.0% |
| Non-recurring operating charges66A | - | €3,589 | - | - | €225 | - |
| Gross operating margin9900 | €148,364 | €214,607 | €295,174 | €413,204 | €499,845 | ▲ 21.0% |
| Operating profit (loss)9901 | €8,967 | €5,541 | -€9,249 | -€10,183 | €2,156 | - |
| Financial income75/76B | €3 | €241 | €66 | €171 | €296 | ▲ 72.6% |
| Recurring financial income75 | €3 | €241 | €66 | €171 | €296 | ▲ 72.6% |
| Financial charges65/66B | €75 | €303 | €581 | €1,003 | €1,829 | ▲ 82.4% |
| Recurring financial charges65 | €75 | €303 | €581 | €1,003 | €1,829 | ▲ 82.4% |
| Profit (loss) for the period before taxes9903 | €8,895 | €5,478 | -€9,764 | -€11,015 | €622 | - |
| Income taxes67/77 | €3,063 | €966 | €420 | - | - | - |
| Profit (loss) for the period9904 | €5,832 | €4,513 | -€10,185 | -€11,015 | €622 | - |
| Profit (loss) for the period to be appropriated9905 | €5,832 | €4,513 | -€10,185 | -€11,015 | €622 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €224,583 | €394,119 | €797,767 | €631,768 | €769,926 | ▲ 21.9% |
| Formation expenses20 | €530 | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €10,018 | €15,443 | €19,334 | €94,663 | €83,386 | ▼ 11.9% |
| Tangible fixed assets22/27 | €10,018 | €15,443 | €19,334 | €90,313 | €79,036 | ▼ 12.5% |
| Plant, machinery and equipment23 | €3,588 | €5,494 | €8,884 | €50,995 | €42,999 | ▼ 15.7% |
| Furniture and vehicles24 | €6,430 | €9,949 | €10,449 | €39,318 | €36,037 | ▼ 8.3% |
| Financial fixed assets28 | - | - | - | €4,350 | €4,350 | = |
| Current assets29/58 | €214,035 | €378,677 | €778,433 | €537,105 | €686,541 | ▲ 27.8% |
| Stocks and contracts in progress3 | €50,433 | €104,470 | €95,679 | €84,368 | €102,346 | ▲ 21.3% |
| Stocks30/36 | €50,433 | €104,470 | €95,679 | €84,368 | €102,346 | ▲ 21.3% |
| Amounts receivable within one year40/41 | €53,379 | €41,253 | €421,828 | €294,288 | €269,979 | ▼ 8.3% |
| Trade receivables40 | €32,479 | €20,353 | €46,496 | €32,860 | €41,119 | ▲ 25.1% |
| Other amounts receivable41 | €20,900 | €20,900 | €375,332 | €261,427 | €228,860 | ▼ 12.5% |
| Current investments50/53 | €13,781 | €13,771 | €13,817 | €13,920 | €13,994 | ▲ 0.5% |
| Cash at bank and in hand54/58 | €94,328 | €212,142 | €237,034 | €131,905 | €277,889 | ▲ 111% |
| Deferred charges and accrued income490/1 | €2,115 | €7,041 | €10,076 | €12,624 | €22,333 | ▲ 76.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €224,583 | €394,119 | €797,767 | €631,768 | €769,926 | ▲ 21.9% |
| Equity10/15 | €91,032 | €120,544 | €160,560 | €149,745 | €304,668 | ▲ 103% |
| Contributions10/11 | €85,200 | €110,200 | €160,400 | €160,600 | €314,900 | ▲ 96.1% |
| Profit (loss) carried forward14 | €5,832 | €10,344 | €160 | -€10,855 | -€10,232 | ▲ 5.7% |
| Amounts payable17/49 | €133,552 | €273,575 | €637,207 | €482,023 | €465,259 | ▼ 3.5% |
| Amounts payable after more than one year17 | - | - | - | €17,699 | €210,000 | ▲ 12× |
| Financial debts170/4 | - | - | - | €17,699 | €210,000 | ▲ 12× |
| Amounts payable within one year42/48 | €132,452 | €272,129 | €637,207 | €464,324 | €255,259 | ▼ 45.0% |
| Financial debts43 | - | - | - | - | €25,124 | - |
| Credit institutions430/8 | - | - | - | - | €25,124 | - |
| Trade debts44 | €64,336 | €78,520 | €52,776 | €27,863 | €52,289 | ▲ 87.7% |
| Suppliers440/4 | €64,336 | €78,520 | €52,776 | €27,863 | €52,289 | ▲ 87.7% |
| Advances received on contracts in progress46 | €45,799 | €150,105 | €522,848 | €368,155 | €99,773 | ▼ 72.9% |
| Taxes, remuneration and social security45 | €22,023 | €43,505 | €61,583 | €66,567 | €77,261 | ▲ 16.1% |
| Taxes450/3 | €5,647 | €12,061 | €28,234 | €7,870 | €19,190 | ▲ 144% |
| Remuneration and social security454/9 | €16,376 | €31,445 | €33,350 | €58,697 | €58,071 | ▼ 1.1% |
| Other amounts payable47/48 | €294 | - | - | €1,739 | €812 | ▼ 53.3% |
| Accrued charges and deferred income492/3 | €1,100 | €1,446 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,832 | €4,513 | -€10,185 | -€11,015 | €622 | - |
| + Depreciation and write-downs630 | €4,070 | €3,922 | €7,030 | €15,517 | €42,688 | ▲ 175% |
| Operating cash flow (approximation) | €9,902 | €8,435 | -€3,154 | €4,502 | €43,311 | ▲ 862% |
| Investment in fixed assets (approximation) | - | -€9,346 | -€10,921 | -€90,846 | -€31,411 | ▲ 65.4% |
| Change in cash | - | €117,815 | €24,891 | -€105,129 | €145,984 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00416528 | NBB |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00419124 | |
| 31-12-2023 | micro format | 23-07-2024 | 2024-00271597 | |
| 31-12-2022 | micro format | 17-07-2023 | 2023-00240448 | |
| 31-12-2021 | micro format | 18-07-2022 | 2022-20193815 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 4
Day-to-day management 2
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Arnaud Dawans |
|
| Bernard Jacquet |
|
| Gilles D'oultremont |
|
| François Malaise |
|
| Charles-Antoine Kervyn |
|
| Nicolas Smets |
|
| La Poudrière asbl |
|
Owners and capital
Owners
1 ownerChain of control
- BATI GROUPE
- BatiTerre
Owners 1
- BATI GROUPEparent72.53%
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Procédure apports en nature article 6:110 CSA, article 6:110 CSA”
Articles of association, deed of 08-08-2024 (in French)
Group and network
Connections & network
4 current directorsThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
16-07
Gazette deed
Reappointments: Nicolas Smets, Charles-Antoine Kervyn and 4 others8 facts ▸
- General meeting, 20-06-2025
- Director reappointment, Nicolas Smets (managing director)
- Director reappointment, Charles-Antoine Kervyn (managing director)
- Director reappointment, François Malaise (chair)
- General meeting, 15-12-2025
- Director reappointment, Gilles D'oultremont (director)
- Director reappointment, Arnaud Dawans (director)
- Director reappointment, Bernard Jacquet (director)
29-10
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 30-09-2024
- Registered-office move, Rue Heyvaert 140,1080Molenbeek-Saint-Jean
08-08
Gazette deed
Capital & sharesShare issue · Capital contribution · Director in office7 facts ▸
- Share issue, “A”, 500 (deed in French)
- Capital contribution, €25,000 (2 times)
- Other provision, “prestations à l'origine des créances apportées”, 50000 (deed in French) (2 times)
- Other provision, “valeur conventionnelle correspondant au pair comptable”, 100 (deed in French)
- Other provision, “intérêt des apports en nature et de l'augmentation corrélative, article 6:110 CSA” (deed in French)
- Other provision, “annonce et dépôt des rapports, ordre du jour de la prochaine assemblée générale” (deed in French)
- Director in office, Nicolas Smets (managing director)
Show earlier events
06-02
Gazette deed
Resignation: La Poudrière asbl (director)Appointments: Bernard Jacquet, Arnaud Dawans and Gilles D'Oultremont5 facts ▸
- General meeting, 16-12-2022
- Director resignation, La Poudrière asbl (director)
- Director appointment, Bernard Jacquet (director)
- Director appointment, Arnaud Dawans (director)
- Director appointment, Gilles D'Oultremont (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Sites & property
3 establishment units
Buildings and parcels at the addresses
3 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62312A0044/00R000 | Wallonia | 5,507 m² | 1 · 341 m² | 8.2 m · 2 |
| 21523B0944/00E005 | Brussels | 1,034 m² | 1 · 203 m² | 2.4 m |
| 62810B0434/00C000 | Wallonia | 62 m² | 1 · 44 m² | 14.1 m · 4 |