Skip to content

BATIVAS

Active Private limited companyfounded 2019active for 6 yearsTrooststraat 98, 1030 SchaerbeekKBO/BCE: BE 0738.523.653
BATIVAS
Follow ReportCompare

Overview

Lifetime

6 annual accounts with figures on one time axis
peak €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 accounts

Equity

€12,545 ▼ 50.5%
25,3612024+7,184Profit-20,000Dividend12,5452025

BATIVAS paid out €20,000 in dividends. That is 278% of the 2025 profit.

Turnover

≈ €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
AprilJune31 JulyOctober202020222024

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 strength
Average

51-49equity 26.3% of total assets
20-35short-term debt 73.7%
88+5return on assets 15.1%

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
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Four signals.
raises riskneutral
raises risk · Liquidity: current ratio 1.35
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 filings
Deviation 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 months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
VB
Vasile BIVOL
Director, last mentioned in 2019
  • Vasile BIVOL 100 sharesdeed of 02-12-2019
Board & ownership

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
All 12 events

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
Company details

Annual accounts 2025

€9,763▲ 52.0%
€7,184▲ 88.6%
€12,545▼ 50.5%
€47,724▲ 47.4%
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 16-06-2026, 45 days before the deadline
€9,763
▲ 52.0%
€9,541
▲ 86.9%
€9,637
▲ 51.7%
€7,280
▲ 44.0%
26.3%
▼ 52.0 percentage points
1.35
▼ 3.22

Money flows

no detail for 2025

Balance sheet

balance sheet total €47,724 on 31-12-2025
What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

26.3%

Higher than 28% of 35,136 companies in 2025.

1.35

Higher than 35% of 34,510 companies in 2025.

15.1%

Higher than 69% of 34,711 companies in 2025.

BATIVAS Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 47,72432,37429,71219,78228,54019,321
21/28 1972921,5382,9023,705412
22/27 -951,3412,7973,600307
23 -95302570184307
24 --1,0392,2283,416-
28 197197197105105105
29/58 47,52732,08228,17516,88024,83518,909
40/41 47,52728,86728,06813,15818,09212,725
40 16,01019,28219,32510,26515,5833,479
41 31,5179,5868,7432,8932,5099,246
54/58 -3,2151073,7214,8855,634
490/1 ----1,858550
Balance sheet: equity and liabilities
10/49 47,72432,37429,71219,78228,54019,321
10/15 12,54525,36121,55213,3697,6987,010
10/11 3,0003,0003,0003,0003,0003,000
14 9,54522,36118,55210,3694,6984,010
17/49 35,1797,0138,1616,41320,84212,311
42/48 35,1797,0138,1616,41320,84212,311
43 8,711-----
430/8 8,711-----
44 3,3983,6814,4712,6187,2457,807
440/4 3,3983,6814,4712,6185,745-
441 ----1,5007,807
45 6,0703,3323,6901,63512,9912,796
450/3 6,0703,3323,6901,6353,3972,796
454/9 ----9,594-
47/48 17,000--2,1606051,708
Income statement
70 --109,59783,90768,718-
76A -----118,528
9900 9,7636,42212,1938,7871,4014,728
60/61 --97,40375,12067,317113,800
630 951,2461,4561,42327362
640/8 12772100878864
9901 9,5415,10510,6377,2761,0404,602
75/76B 0414219
75 0414219
65/66B 37121620716916070
65 37121620716916070
9903 9,1714,89310,4317,1128834,552
67/77 1,9871,0842,2481,441194542
9904 7,1843,8098,1835,6716894,010
9905 7,1843,8098,1835,6716894,010
Appropriation of the result
9906 29,54522,36118,55210,3694,6984,010
14P 22,36118,55210,3694,6984,010-
694/7 20,000-----
694 20,000-----
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 16-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 16-06-2026 2026-00163060 PDF
31-12-2024 micro format 19-06-2025 2025-00152302 PDF
31-12-2023 micro format 17-06-2024 2024-00133010 PDF
31-12-2022 micro format 05-07-2023 2023-00201183 PDF
31-12-2021 micro format 22-06-2022 2022-20080743 PDF
31-12-2020 micro format 30-06-2021 2021-26900364 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
9,6376,35112,0938,6991,3134,664
7,2805,0559,6397,0949614,072
00926203,566474
-3,108-3,615-1,163-749-
12,34925,06920,01410,4673,9936,598
--9.7%8.7%1.5%-
26.3%78.3%72.5%67.6%27.0%36.3%
1.354.573.452.631.191.54
2.800.280.380.482.711.76
57.3%15.0%38.0%42.4%8.9%57.2%
15.1%11.8%27.5%28.7%2.4%20.8%
26.0129.4258.4251.628.23-
--64 days45 days83 days-
--17 days13 days39 days25 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets---€620€3,566
Financial fixed assets--€92--
€95€1,246€1,456€1,423€273

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on BATIVAS

The operating result for 2025 is 87% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 21.7% to 73.7%. Equity is lower and debt is higher.

Board & ownership

Board

Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 13. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 02-12-2019

Office holders in the KBO →

Mandates through the years

1 name
Vasile BIVOL
Director (not named in the articles)
Earlierend not dated
Mandates as a list
  • Vasile BIVOL
    • Director (not named in the articles), appointed by deed of 02-12-2019, last mentioned in 2019

See the board, name and registered office on a given date →

Control

Founder
Vasile BIVOL
This company
BATIVAS
Equity €12,545
Profit €7,184 in 2025

Capital

Contribution
€3,000
Shares
100
Contribution per share
€30
Equity per share
€125 in 2025
Source
deed of 02-12-2019

Articles of association

deed of 02-12-2019 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant,moitié acquéreurs proportionnellement aux actions acquises, Article 11”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Monday of May at 11:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
No statutory auditor

Shareholders

At incorporation deed of 02-12-2019 ↗

Network & group

No group

BATIVAS has no parent and no holdings in its annual accounts.

Connections & network

See the function holders in the KBO register.

Timeline

Timeline

12 events since 2019

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 45 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 42 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0738523653
2024
Annual accounts 2023 filed PDFmicro format · 44 days before the deadline
2023
Highest result from 2020 to 2025 net €8,183 ▲44.3% The operating result of €10,637 and the net result of €8,183 are both a record.
Annual accounts 2022 filed PDFmicro format · 26 days before the deadline
2022
Liquidity more than doubled current ratio 2.63 The current ratio rises from 1.19 to 2.63. Short-term debt falls from €20,842 to €6,413.
Annual accounts 2021 filed PDFmicro format · 39 days before the deadline
2021
Weakest financial year net €689 ▼82.8% The net result drops to €689, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 31 days before the deadline
2019
IncorporationFounding capital of €3,000, 100 shares · Founder: Vasile BIVOL (comparant) · Appointment: Vasile BIVOL (director) · published on 02-12-20195 points ▸
  • Registered office clause, rue de la Consolation 98, 1030 Schaerbeek
  • Director appointment, Vasile BIVOL (director (not named in the articles))
  • Founder, Vasile BIVOL (comparant)
  • Founding capital, €3,000, 100 shares
  • 100 shares
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

First establishment Trooststraat 98, Schaerbeek

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 28 November 2019, BATIVAS was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 Turnover went from €68,718 in 2021 to €109,597 in 2023.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-12-2019
  3. 3National Bank, annual accounts 2021 and 2023

Company details

Identity

Enterprise number
0738.523.653
VAT number
BE 0738.523.653
Peppol ID
0208:0738523653
Legal form
Private limited company
Status
Active, normal situation
Founded
28-11-2019
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Monday of May at 11:00
deed of 02-12-2019 (in French)
Peppol
Reachable since 04-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
BATIVAS in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-12-2019 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale”
deed of 02-12-2019 (in French)

Activities

NACEBEL 2025
43990 Other specialised construction activities main activity
43350 Other building finishing work
46839 Wholesale trade
47529 Retail trade
Codes under NACEBEL 2008
43999 Specialised construction activities main activity
43390 Specialised construction activities
46739 Wholesale trade
47529 Retail trade
PurposeThe purpose describes the activities the company may carry out under its articles.
“Toutes activités généralement quelconques se rapportant directement ou indirectement à : - entreprise générale de bâtiment, touts le type de…”
4 activities
  1. Toutes activités généralement quelconques se rapportant directement ou indirectement à : - entreprise générale de bâtiment, touts le type de toitures, peinture, maçonnerie, électricité et électronique, climatisation, chauffage, sanitaire et de plomberie
  2. Le nettoyage et l’entretien d’immeubles, le nettoyage de vitres et de bureaux, de petits travaux de bureau, services intérimaires, sous-traitance et titres service
  3. Fournir tous services ou prestations au profit de toutes clientèles privées ou commerciales
  4. La vente en gros et en détail, l’import-export de : - matériaux de construction, matériel électrique et électronique, sanitaire et de plomberie
deed of 02-12-2019 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Trooststraat 98 registered office 1030 Schaerbeek 28-11-2019 2.296.744.818

Buildings and parcels at the address

Ground area
104 m²
Buildings
95 m²
Volume, LiDAR
1,154 m³
Tallest building
17.3 m
Buildings to scale, each on its own parcel
94 m², 17.3 m 94 m², 17.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
21906D0085/00A003104 m² 1 · 94 m² 17.3 m · 4

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0738.523.653

We would like to set cookies. That happens only with your consent. What we measure