Equity
€12,545 ▼ 50.5%
BATIVAS paid out €20,000 in dividends. That is 278% of the 2025 profit.
BATIVAS
Lifetime
6 annual accounts with figures on one time axispeak €12,193 (2023)
€9,763▲ 52.0%
peak €8,183 (2023)
€7,184▲ 88.6%
peak €25,361 (2024)
€12,545▼ 50.5%
€35,179▲ 402%
Board1 name since 2019
-
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Gross margin from €6,422 to €9,763Result from €3,809 to €7,184Dividend €20,000Equity from €25,361 to €12,545Debts from €7,013 to €35,179
Key points
from the 2025 annual accountsTurnover
≈ €130,000 estimated
The micro format states no turnover.
Debts
€35,179 74% of the balance sheet
Financial debts 25%Suppliers 10%Taxes and wages 17%Other 48%
Liquidity
1.35 was 4.57 in 2024
Short-term debts rose from €7,013 to €35,179.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 26 to 45 days before the end of the period.
Position in the sector
€12,545
Less equity than 81% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
53
Fair
Financially stronger than 30% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.2%
01-2025: 2.1%▼ -0.1 percentage points vs 12-2024
02-2025: 2.1%● unchanged vs 01-2025
03-2025: 2.1%● unchanged vs 02-2025
04-2025: 2.3%▲ +0.2 percentage points vs 03-2025
05-2025: 2.3%● unchanged vs 04-2025highest value
06-2025: 2.2%▼ -0.1 percentage points vs 05-2025
07-2025: 1.1%▼ -1.1 percentage points vs 06-2025
08-2025: 1.0%▼ -0.1 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 0.9%▼ -0.1 percentage points vs 01-2026lowest value
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 1.0%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%▲ +0.1 percentage points vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.3%▲ +0.2 percentage points vs 07-2026
09-2026: 1.4%▲ +0.1 percentage points vs 08-2026
10-2026: 1.9%▲ +0.5 percentage points vs 09-2026
11-2026: 1.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.35
Founded in 2019
Sector: Specialised construction activities (NACE 43)
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 28% of them on solvency, 11% on liquidity, 73% on profitability and 9% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as BATIVAS has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BATIVAS itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for BATIVAS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.35 (4.57 in 2024), below the usual 1.5. Short-term debt is 73.7% of total assets. 73.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Four signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
45 days early
2024
42 days early
2023
44 days early
2022
26 days early
2021
39 days early
2020
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 38 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0738523653
Incorporation
Founding capital of €3,000, 100 shares · Founder: Vasile BIVOL (comparant) · Appointment: Vasile BIVOL (director) · published on 02-12-2019 · Gazette deed
First establishment
Trooststraat 98, Schaerbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BATIVAS Schaerbeek | €47,724 | €9,763 | 26.3% | - |
| NEW VISION AB Sint-Gillis (bij-Brussel) | €49,801 | €9,014 | 32.1% | - |
| PROTIM Uccle | €52,024 | €9,818 | 48.5% | - |
| COMPLET CONSTRUCT&CLEAN Molenbeek-Saint-Jean | €43,517 | €8,617 | 52.1% | - |
| VINDEVOGEL CONSTRUCT Saint-Josse-ten-Noode | €47,836 | €8,176 | 90.1% | - |
| AOM Bâtiment Woluwe-Saint-Pierre | €43,190 | €11,230 | 52.9% | - |
| CONSTANT CONSTRUCT Berchem-Sainte-Agathe | €55,386 | €9,162 | 48.4% | - |
These companies have the same main activity as BATIVAS: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €43,200 and €55,400, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 28-11-2019Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 3 others
- Establishment unit
- 2.296.744.8181030 Schaerbeek, since 28-11-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 04-06-2025
Annual accounts 2025
- €47,724▲ 47.4%
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on BATIVAS
BATIVAS files the micro format. That format states no turnover. The gross margin rose from €4,728 in 2020 to €9,763 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BATIVAS
- What is the company number of BATIVAS?
- The company number of BATIVAS is 0738.523.653. The VAT number is the same number with BE in front: BE 0738.523.653.
- Where is BATIVAS based?
- The registered office is at Trooststraat 98, 1030 Schaerbeek.Company details
- What does BATIVAS do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of BATIVAS?
- BATIVAS is a private limited company (BV).
- When was BATIVAS founded?
- BATIVAS was founded on 28-11-2019.
- Is BATIVAS still active?
- Yes, BATIVAS is an active enterprise in the KBO register.
- What is the turnover of BATIVAS?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €9,763 and 201 comparable companies (NACE 43990). It probably lies between €71,000 and €250,000. It is a rough estimate. In financial year 2023 turnover was €109,597.Financials
- Is BATIVAS profitable?
- In financial year 2025, BATIVAS made a profit of €7,184.
- Where can I find the annual accounts of BATIVAS?
- BATIVAS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BATIVAS due?
- BATIVAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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