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BATRECO

Active
Public limited companyfounded 199036 yrs activeAtrebatenstraat 9, 1040 Etterbeek, BelgiumKBO/BCE: BE 0441.532.617
Summary

BATRECO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155,050 and a net result of -€20,866. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 80% of 835 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
BATRECOActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Market research and public opinion polling
NACE 73200NACE 74131
1 site
Size
€195,579total assets 2025
Equity
€155,050
Loss
-€20,866
Financial health
85 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Accounts 80 d early0 of 3 deeds read
Why 85- Loss of €20,866, the second in a row (FY 2025)+ Founded in 1990+ Size: total assets €195,579+ Figures for FY 2025 (filed 09-02-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Better than 41% of its sector peers (NACE 73, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 100=
equity 79.3% of total assets
Liquidity 49-9
short-term debt 17.0% · cash 2.6%
Profitability 5-61
return on assets -10.7%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,139 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▲ +14.4% vs 12-2024 02-2025: 0.1%▲ +1.0% vs 01-2025 03-2025: 0.1%▼ -22.1% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.1%● 0.0% vs 05-2025 07-2025: 0.1%● 0.0% vs 06-2025 08-2025: 0.1%● 0.0% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%▼ -1.2% vs 09-2025lowest value 11-2025: 0.1%● 0.0% vs 10-2025lowest value 12-2025: 0.1%● 0.0% vs 11-2025lowest value 01-2026: 0.1%▲ +15.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.3%▲ +220% vs 02-2026highest value 04-2026: 0.3%● 0.0% vs 03-2026highest value 05-2026: 0.3%● 0.0% vs 04-2026highest value 06-2026: 0.3%● 0.0% vs 05-2026highest value 07-2026: 0.3%● 0.0% vs 06-2026highest value 08-2026: 0.3%● 0.0% vs 07-2026highest value 09-2026: 0.3%● 0.0% vs 08-2026highest value 10-2026: 0.3%▼ -0.3% vs 09-2026
  • Loss of €20,866, the second in a row (FY 2025) raises the probability
  • Founded in 1990 lowers the probability for this profile
  • Size: total assets €195,579 lowers the probability for this profile
  • Figures for FY 2025 (filed 09-02-2026) lowers the probability
Credit up to €13,000 at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.64 in 2024; short-term debt: 17% and cash: 2.6% of total assets), and 20.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 73, micro). Better than this share of them on solvency 87%, liquidity 32%, profitability 14%, growth against the median 29%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Loss of €20,866, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1990
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: total assets €195,579
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 09-02-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€20,866
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-02-2026, 80 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
80 d early
2024
88 d early
2023
73 d early
2022
69 d early
2021
67 d early
2020
95 d early
2019
70 d early
← 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 77 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 17 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close04-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet -€20,866
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Risk: 4 loss-making years in a rowloss fiscal year 2025 -€20,866 View
  • Caution: Among the weakest 20% on net resultsector median €32,677 · 836 companies -€20,866 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€195,579
Loss
-€20,866
Solvency
79.3%
Total assets▼ 9.1%
Net result
20192025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 30-04-2027
  1. 09-02-2026Annual accounts filed
  2. 30-09-2025Weakest financial year
  3. 01-02-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Market research and public opinion pollingNACE 73200
Founded
11-07-1990
Year ends
30-09
Peppol
Not found in the Peppol directory
Go to Company details

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