BATITIME
ActiveSummary
BATITIME has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,124 and a net result of -€43,264. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 58% of 7625 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-82
Solvency77▼-23
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 1.89 against 4.18 in 2024; short-term debt: 48.4% and cash: 28.5% of total assets), and 48.4% of the assets are financed with debt.
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Signals
Five 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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
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
51.6%
Return on assets
-39.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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
19 d late
2024
14 d late
2023
21 d late
2022
24 d late
2021
24 d late
2020
19 d late
2019
13 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€56,124▼ 43.5%
2024 · €99,388
Total assets
€108,748▼ 15.1%
2024 · €128,153
Net result
-€43,264
2024 · €13,651
Working capital
€46,752▼ 45.6%
2024 · €85,936
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,061▼ 47.2%€2,282▼ 74.8%€4,871▲ 113%€23,812▲ 389%-€39,943
Net result€986within the sector's middle half▼ 88.7%-€724below the sector's middle half€549within the sector's middle half€13,651within the sector's middle half▲ 2,385%-€43,264below the sector's middle half
Equity€86,712within the sector's middle half▲ 1.2%€85,988within the sector's middle half▼ 0.8%€85,737within the sector's middle half▼ 0.3%€99,388within the sector's middle half▲ 15.9%€56,124within the sector's middle half▼ 43.5%
Total assets€127,894within the sector's middle half▼ 20.6%€125,824within the sector's middle half▼ 1.6%€99,446within the sector's middle half▼ 21.0%€128,153within the sector's middle half▲ 28.9%€108,748within the sector's middle half▼ 15.1%
Debt€41,182▼ 45.3%€39,836▼ 3.3%€13,709▼ 65.6%€28,765▲ 110%€52,624▲ 82.9%
Working capital€78,959within the sector's middle half▼ 1.7%€79,245above the sector's middle half▲ 0.4%€80,134above the sector's middle half▲ 1.1%€85,936above the sector's middle half▲ 7.2%€46,752within the sector's middle half▼ 45.6%
Solvency67.8%above the sector's middle half▲ 14.6pp68.3%above the sector's middle half▲ 0.5pp86.2%above the sector's middle half▲ 17.9pp77.6%above the sector's middle half▼ 8.7pp51.6%within the sector's middle half▼ 25.9pp
Current ratio3.86above the sector's middle half▲ 1.793.63above the sector's middle half▼ 0.2311.03above the sector's middle half▲ 7.414.18above the sector's middle half▼ 6.861.89within the sector's middle half▼ 2.29
Return on assets (ROA)0.8%within the sector's middle half▼ 4.7pp-0.6%below the sector's middle half▼ 1.3pp0.6%within the sector's middle half▲ 1.1pp10.7%within the sector's middle half▲ 10.1pp-39.8%below the sector's middle half▼ 50.4pp
Staff (FTE)1.5▼ 70.6%4
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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 turns negative in 2025: a loss of €39,943 after €23,812 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €108,193
Fixed assets
€8,816 ▼ 38.8%
Current assets
€99,376 ▼ 12.1%
Equity and liabilities €108,748
Equity
€56,124 ▼ 43.5%
Debt
€52,624 ▲ 82.9%
Debt's share of the balance-sheet total rises from 22.4% to 48.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€35,058▼
2024 · €29,096
Cash flow
-€38,379▼
2024 · €18,935
Debt to equity
0.94▲
2024 · 0.29
ROE
-77.1%▼
2024 · 13.7%
Interest coverage
-10.47▼
2024 · 10.31
Debt ≤ 1 year
€52,624▲
2024 · €27,066
Income taxes
-€26▼
2024 · €7,340
Staff costs
€151,666
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.0%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% | 1.8% |
| 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% 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 4,805 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €35,472 | €3,540 | €278 | - | €151,666 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,396 | €6,297 | €6,406 | €5,284 | €4,885 | ▼ 7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €23,579 | - | - |
| Other operating charges640/8 | €10,010 | €10,492 | €976 | €1,844 | €2,325 | ▲ 26.1% |
| Non-recurring operating charges66A | - | €157 | - | - | €2,417 | - |
| Gross operating margin9900 | €59,939 | €22,769 | €12,531 | €54,520 | €121,350 | ▲ 123% |
| Operating profit (loss)9901 | €9,061 | €2,282 | €4,871 | €23,812 | -€39,943 | ▼ 268% |
| Financial income75/76B | €30 | €48 | €4 | - | - | - |
| Recurring financial income75 | €30 | €48 | €4 | - | - | - |
| Financial charges65/66B | €6,354 | €3,324 | €3,107 | €2,821 | €3,347 | ▲ 18.6% |
| Recurring financial charges65 | €6,354 | €3,324 | €3,107 | €2,821 | €3,347 | ▲ 18.6% |
| Profit (loss) for the period before taxes9903 | €2,737 | -€994 | €1,769 | €20,990 | -€43,290 | ▼ 306% |
| Income taxes67/77 | €1,750 | -€270 | €1,219 | €7,340 | -€26 | ▼ 100% |
| Profit (loss) for the period9904 | €986 | -€724 | €549 | €13,651 | -€43,264 | ▼ 417% |
| Profit (loss) for the period to be appropriated9905 | €986 | -€724 | €549 | €13,651 | -€43,264 | ▼ 417% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €127,894 | €125,824 | €99,446 | €128,153 | €108,748 | ▼ 15.1% |
| Formation expenses20 | - | - | €936 | €746 | €555 | ▼ 25.5% |
| Fixed assets21/28 | €21,292 | €16,411 | €10,389 | €14,406 | €8,816 | ▼ 38.8% |
| Tangible fixed assets22/27 | €21,034 | €16,153 | €10,131 | €14,148 | €8,558 | ▼ 39.5% |
| Furniture and vehicles24 | €21,034 | €16,153 | €10,131 | €14,148 | €8,558 | ▼ 39.5% |
| Financial fixed assets28 | €258 | €258 | €258 | €258 | €258 | = |
| Current assets29/58 | €106,602 | €109,413 | €88,121 | €113,002 | €99,376 | ▼ 12.1% |
| Amounts receivable within one year40/41 | €63,708 | €88,931 | €74,153 | €45,222 | €62,584 | ▲ 38.4% |
| Trade receivables40 | €42,059 | €87,824 | €69,070 | €39,471 | €55,749 | ▲ 41.2% |
| Other amounts receivable41 | €21,649 | €1,108 | €5,083 | €5,751 | €6,835 | ▲ 18.9% |
| Cash at bank and in hand54/58 | €40,951 | €18,554 | €12,414 | €64,674 | €31,019 | ▼ 52.0% |
| Deferred charges and accrued income490/1 | €1,943 | €1,928 | €1,555 | €3,106 | €5,773 | ▲ 85.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €127,894 | €125,824 | €99,446 | €128,153 | €108,748 | ▼ 15.1% |
| Equity10/15 | €86,712 | €85,988 | €85,737 | €99,388 | €56,124 | ▼ 43.5% |
| Contributions10/11 | €18,600 | €18,600 | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €1,860 | €1,860 | €549 | €14,200 | €14,200 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | €549 | €14,200 | €14,200 | = |
| Profit (loss) carried forward14 | €66,252 | €65,528 | €64,728 | €64,728 | €21,464 | ▼ 66.8% |
| Amounts payable17/49 | €41,182 | €39,836 | €13,709 | €28,765 | €52,624 | ▲ 82.9% |
| Amounts payable after more than one year17 | €13,539 | €9,668 | €5,722 | €1,699 | - | - |
| Financial debts170/4 | €13,539 | €9,668 | €5,722 | €1,699 | - | - |
| Amounts payable within one year42/48 | €27,643 | €30,168 | €7,987 | €27,066 | €52,624 | ▲ 94.4% |
| Current portion of amounts payable after more than one year42 | €12,087 | €3,871 | €3,946 | €5,729 | €3,438 | ▼ 40.0% |
| Trade debts44 | €6,899 | €22,646 | €1,227 | €16,273 | €40,195 | ▲ 147% |
| Suppliers440/4 | €6,899 | €22,646 | €1,227 | €16,273 | €40,195 | ▲ 147% |
| Taxes, remuneration and social security45 | €5,605 | €3,299 | €2,254 | €5,063 | €8,990 | ▲ 77.6% |
| Taxes450/3 | €105 | €1,299 | €2,254 | €5,059 | €7,555 | ▲ 49.3% |
| Remuneration and social security454/9 | €5,500 | €2,000 | - | €4 | €1,435 | ▲ 33,750% |
| Other amounts payable47/48 | €3,052 | €352 | €560 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €986 | -€724 | €549 | €13,651 | -€43,264 | ▼ 417% |
| + Depreciation and write-downs630 | €5,396 | €6,297 | €6,406 | €5,284 | €4,885 | ▼ 7.6% |
| Operating cash flow (approximation) | €6,383 | €5,573 | €6,956 | €18,935 | -€38,379 | ▼ 303% |
| Investment in fixed assets (approximation) | - | -€1,416 | -€384 | -€9,301 | €704 | ▲ 108% |
| Change in cash | - | -€22,397 | -€6,140 | €52,260 | -€33,654 | ▼ 164% |
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
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial
Weakest financial yearnet -€43,264
Net result drops to -€43,264, the lowest in the series.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Back to profitnet €549
Net result €549 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 11.03
Current ratio from 3.63 to 11.03; short-term debt falls from €30,168 to €7,987.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
31-12
Financial
Highest result since 2018net €24,952 ▲205%
Operating result €40,549, net result €24,952, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
No directors read yet: 0 of 8 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 2009
Ground area
1.2 ha
Building footprint
3,068 m²
Volume, LiDAR
17,455 m³
Parcel 52045A0547/00C002, Wallonia · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BATITIME
since 20092.180.376.490
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52045A0547/00C002indicative | Wallonia | 1.2 ha | 1 · 3,068 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
0 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 29,766 companies in this sector we hold annual accounts for 16,055. 13,161 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded05-08-2009
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Contact
Phone
0475-803973Charleroi
E-invoicing
Reachable via Peppol
Peppol ID
0208:0817574594
Also
9925:BE0817574594
Registered
10-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.