BATITUB
ActiveSummary
BATITUB has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €-10k. Equity is growing by ~51.5% per year across the filed fiscal years. Its solvency ranks better than 80% of 4522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability43▲+39
Solvency95▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 3.57 against 5.03 in 2024; short-term debt: 22.9% of total assets), and 29.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
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
70.1%
Return on assets
-5%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-10k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
45 d early
2023
8 d late
2022
42 d early
2021
10 d early
2020
47 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€137k▼ 6.7%
2024 · €146k
Total assets
€195k▲ 4.1%
2024 · €187k
Net result
€-10k▲ 55.9%
2024 · €-22k
Working capital
€115k▲ 4.9%
2024 · €109k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€74k▲ 125%€64k▼ 12.7%€118k▲ 83.5%€-24k€-11k▲ 55.5%
Net result€74k▲ 128%€46k▼ 37.0%€85k▲ 83.6%€-22k€-10k▲ 55.9%
Equity€37k€84k▲ 125%€169k▲ 102%€146k▼ 13.2%€137k▼ 6.7%
Total assets€94k▲ 8.8%€146k▲ 55.1%€227k▲ 55.5%€187k▼ 17.4%€195k▲ 4.1%
Debt€46k▼ 59.3%€49k▲ 8.1%€41k▼ 16.0%€27k▼ 34.0%€45k▲ 63.9%
Working capital€49k€79k▲ 63.2%€119k▲ 50.8%€109k▼ 8.5%€115k▲ 4.9%
Staff (FTE)5.5▼ 6.8%7▲ 27.3%7.5▲ 7.1%7▼ 6.7%6.6▼ 5.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €24k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €195k
Fixed assets
€36k ▼ 30.0%
Current assets
€159k ▲ 16.7%
Equity and liabilities €195k
Equity
€137k ▼ 6.7%
Provisions
€13k ▼ 0.1%
Debt
€45k ▲ 63.9%
Debt's share of the balance-sheet total rises from 14.6% to 23.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▲
2024 · €-9k
Cash flow
€5k▲
2024 · €-7k
Current ratio
3.57▼
2024 · 5.03
Quick ratio
3.29▼
2024 · 4.02
Debt to equity
0.33▲
2024 · 0.19
ROE
-7.2%▲
2024 · -15.2%
ROA
-5.0%▲
2024 · -11.9%
Interest coverage
3.70▲
2024 · -5.96
Debt ≤ 1 year
€45k▲
2024 · €27k
Income taxes
€158▼
2024 · €160
Staff costs
€382k▼
2024 · €392k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €299k | €353k | €392k | €382k | ▼ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2k | €8k | €15k | €15k | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-763 | €-42 | €50 | €3k | ▲ 6,821% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €2k | €4k | €-3k | €-18 | ▲ 99.4% |
| Other operating charges640/8 | - | €8k | €13k | €5k | €3k | ▼ 49.5% |
| Gross operating margin9900 | €339k | €375k | €495k | €386k | €392k | ▲ 1.7% |
| Operating profit (loss)9901 | €74k | €64k | €118k | €-24k | €-11k | ▲ 55.5% |
| Financial income75/76B | - | €235 | €3k | €4k | €2k | ▼ 36.4% |
| Recurring financial income75 | €839 | €235 | €3k | €4k | €2k | ▼ 36.4% |
| Financial charges65/66B | - | €765 | €3k | €2k | €1k | ▼ 21.9% |
| Recurring financial charges65 | €528 | €765 | €3k | €2k | €1k | ▼ 21.9% |
| Profit (loss) for the period before taxes9903 | €74k | €64k | €118k | €-22k | €-10k | ▲ 56.3% |
| Income taxes67/77 | €169 | €17k | €32k | €160 | €158 | ▼ 0.9% |
| Profit (loss) for the period9904 | €74k | €46k | €85k | €-22k | €-10k | ▲ 55.9% |
| Profit (loss) for the period to be appropriated9905 | €74k | €46k | €85k | €-22k | €-10k | ▲ 55.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94k | €146k | €227k | €187k | €195k | ▲ 4.1% |
| Fixed assets21/28 | - | €17k | €66k | €51k | €36k | ▼ 30.0% |
| Tangible fixed assets22/27 | - | €17k | €66k | €51k | €36k | ▼ 30.0% |
| Furniture and vehicles24 | - | €17k | €66k | €51k | €36k | ▼ 30.0% |
| Current assets29/58 | €94k | €128k | €161k | €137k | €159k | ▲ 16.7% |
| Stocks and contracts in progress3 | €12k | €22k | €36k | €28k | €13k | ▼ 53.9% |
| Stocks30/36 | - | €22k | €36k | €28k | €13k | ▼ 53.9% |
| Amounts receivable within one year40/41 | €20k | €42k | €59k | €53k | €78k | ▲ 46.9% |
| Trade receivables40 | - | €11k | €16k | €17k | €33k | ▲ 89.3% |
| Other amounts receivable41 | - | €32k | €43k | €36k | €46k | ▲ 26.6% |
| Current investments50/53 | - | - | - | - | €61k | - |
| Cash at bank and in hand54/58 | €57k | €61k | €59k | €53k | - | - |
| Deferred charges and accrued income490/1 | - | €3k | €7k | €2k | €8k | ▲ 206% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94k | €146k | €227k | €187k | €195k | ▲ 4.1% |
| Equity10/15 | €37k | €84k | €169k | €146k | €137k | ▼ 6.7% |
| Contributions10/11 | - | €74k | €74k | €74k | €74k | = |
| Reserves13 | €7k | €7k | €7k | €70k | €62k | ▼ 11.4% |
| Non-distributable reserves130/1 | - | €7k | €7k | - | - | - |
| Other1319 | - | €7k | €7k | - | - | - |
| Distributable reserves133 | - | - | - | €70k | €62k | ▼ 11.4% |
| Profit (loss) carried forward14 | €-45k | €2k | €87k | €2k | €265 | ▼ 87.4% |
| Provisions and deferred taxes16 | €11k | €13k | €17k | €13k | €13k | ▼ 0.1% |
| Provisions for liabilities and charges160/5 | - | €13k | €17k | €13k | €13k | ▼ 0.1% |
| Other liabilities and charges164/5 | - | €13k | €17k | €13k | €13k | ▼ 0.1% |
| Amounts payable17/49 | €46k | €49k | €41k | €27k | €45k | ▲ 63.9% |
| Amounts payable within one year42/48 | €45k | €49k | €41k | €27k | €45k | ▲ 64.3% |
| Financial debts43 | - | €8k | €8k | - | - | - |
| Other loans439 | - | €8k | €8k | - | - | - |
| Trade debts44 | €23k | €7k | €6k | €7k | €13k | ▲ 79.1% |
| Suppliers440/4 | - | €7k | €6k | €7k | €13k | ▲ 79.1% |
| Taxes, remuneration and social security45 | - | €34k | €27k | €19k | €31k | ▲ 60.1% |
| Taxes450/3 | - | €21k | €16k | €3k | €2k | ▼ 35.5% |
| Remuneration and social security454/9 | - | €13k | €11k | €17k | €29k | ▲ 76.7% |
| Other amounts payable47/48 | - | €199 | €383 | €383 | €383 | = |
| Accrued charges and deferred income492/3 | - | €174 | €174 | €194 | €200 | ▲ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74k | €46k | €85k | €-22k | €-10k | ▲ 55.9% |
| + Depreciation and write-downs630 | - | €2k | €8k | €15k | €15k | = |
| Operating cash flow (approximation) | €74k | €49k | €93k | €-7k | €5k | ▲ 176% |
| Investment in fixed assets (approximation) | - | - | €-56k | €0 | €0 | - |
| Change in cash | - | €4k | €-2k | €-6k | - | - |
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
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
08-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
30-06
Financial
Highest result since 2019net €85k ▲83.6%
Operating result €118k, net result €85k, both a record.
30-06
Financial
Equity above €150kEq €169k ▲102%
4 profitable years in a row build equity to €169k.
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity triplescurrent ratio 2.07
Current ratio from 0.77 to 2.07; short-term debt falls from €112k to €45k.
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Nivelles · 1 establishment unit since 2002
Ground area
930 m²
Building footprint
119 m²
Volume, LiDAR
405 m³
Parcel 25099A0002/00X000, Wallonia · tallest building 4.0 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue de l'Artisanat 7, 1400 Nivelles
since 20022.099.081.582
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25099A0002/00X000 | Wallonia | 930 m² | 1 · 119 m² | 4.0 m · 1 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 6,997 companies in sector 81220 we hold annual accounts for 2,414. 1,935 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
Founded20-06-2002
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
43410Roofing work
Contact
Website
www.batitub.be
E-mail
info@batitub.be
Scores and ratios are computed by Checked and are not a credit decision.