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BATTIM

Active
Private limited companyfounded 199927 yrs activeRue Alfred Dendal(B) 8, 7300 Boussu, BelgiumKBO/BCE: BE 0465.240.902
Summary

BATTIM has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €224,965 and a net result of -€24,085. Equity is growing by ~11% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability5▼-73
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days only on tighter terms
cash: 34.4% of total assets, and 0.2% 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
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
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 2024
Solvency, return and age of the figures
Solvency
99.8%
Return on assets
-10.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-11-2025, 111 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
111 d late
2023
28 d early
2022
31 d early
2021
45 d early
2020
32 d early
2019
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 9 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

History

On 13 January 1999, BATTIM was incorporated.1 Total assets went from EUR 137,847 in 2018 to EUR 225,337 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€224,965▼ 9.7%
2023 · €249,050
Total assets
€225,337▼ 9.6%
2023 · €249,273
Net result
-€24,085
2023 · €17,945
Working capital
€240,287▲ 10.7%
2022 · €217,020
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
Line20202021202220232024
Operating result€55,476▲ 401%€39,762▼ 28.3%€30,945▼ 22.2%€25,208▼ 18.5%-€24,061
Net result€39,354▲ 289%€28,440▼ 27.7%€22,422▼ 21.2%€17,945▼ 20.0%-€24,085
Equity€180,243▲ 27.9%€208,683▲ 15.8%€231,105▲ 10.7%€249,050▲ 7.8%€224,965▼ 9.7%
Total assets€211,074▲ 45.6%€239,342▲ 13.4%€244,515▲ 2.2%€249,273▲ 1.9%€225,337▼ 9.6%
Debt€30,831▲ 662%€30,658▼ 0.6%€13,410▼ 56.3%€223▼ 98.3%€372▲ 67.2%
Working capital€167,451▲ 19.2%€194,051▲ 15.9%€217,020▲ 11.8%€240,287▲ 10.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000€60,000Operating result 2020: €55,476€55,476Net result 2020: €39,354€39,354Operating result 2021: €39,762€39,762Net result 2021: €28,440€28,440Operating result 2022: €30,945€30,945Net result 2022: €22,422€22,422Operating result 2023: €25,208€25,208Net result 2023: €17,945€17,945Operating result 2024: -€24,061-€24,061Net result 2024: -€24,085-€24,08520202021202220232024-€40,000-€20,000€0€20,000€40,000Operating result 2022: €30,945€30,900Net result 2022: €22,422€22,400Operating result 2023: €25,208€25,200Net result 2023: €17,945€17,900Operating result 2024: -€24,061-€24,100Net result 2024: -€24,085-€24,100202220232024
The operating result turns negative in 2024: a loss of €24,061 after €25,208 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €225,337
Fixed assets €372 ▼ 95.8%
Current assets €224,965 ▼ 6.5%
Equity and liabilities €225,337
Equity €224,965 ▼ 9.7%
Debt €372 ▲ 67.2%
Debt's share of the balance-sheet total rises from 0.1% to 0.2%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€15,670▼
2023 · €30,530
Cash flow
-€15,694▼
2023 · €23,267
Debt to equity
0.00▲
2023 · 0.00
ROE
-10.7%▼
2023 · 7.2%
ROA
-10.7%▼
2023 · 7.2%
Interest coverage
-652.92▼
2023 · 88.24
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.5% went bankrupt
13% stopped otherwise
84% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 5,836 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€249,273€225,337▼
Fixed assets21/28€8,763€372▼
Tangible fixed assets22/27€8,391€0▼
Furniture and vehicles24€8,391€0▼
Financial fixed assets28€372€372=
Current assets29/58€240,510€224,965▼
Amounts receivable within one year40/41€146,549€146,549=
Other amounts receivable41€146,549€146,549=
Current investments50/53€605€605=
Cash at bank and in hand54/58€93,006€77,461▼
Deferred charges and accrued income490/1€350€350▲
Equity and liabilities
Total equity and liabilities10/49€249,273€225,337▼
Equity10/15€249,050€224,965▼
Contributions10/11€18,600€18,600=
Outside capital11-€18,600
Share premium1100/10-€18,600
Reserves13€230,450€230,450=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130-€1,860
Reserves not available under the articles1311€1,860-
Distributable reserves133€228,590€228,590=
Profit (loss) carried forward14--€24,085
Amounts payable17/49€223€372▲
Amounts payable within one year42/48€223-
Trade debts44€142-
Suppliers440/4€142-
Taxes, remuneration and social security45€80-
Remuneration and social security454/9€80-
Accrued charges and deferred income492/3-€372
Income statement Code20232024
Goods, raw materials, services and sundry goods60/61-€15,640
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,322€8,391▲
Other operating charges640/8€716€30▼
Gross operating margin9900€31,246-€15,640▼
Operating profit (loss)9901€25,208-€24,061▼
Financial income75/76B€4,165-
Recurring financial income75€4,165-
Financial charges65/66B€346€24▼
Recurring financial charges65€346€24▼
Profit (loss) for the period before taxes9903€29,027-€24,085▼
Income taxes67/77€11,082-
Profit (loss) for the period9904€17,945-€24,085▼
Profit (loss) for the period to be appropriated9905€17,945-€24,085▼
Appropriation of the result
Profit (loss) to be appropriated9906€17,945-€24,085▼
Transfer to equity691/2€17,945-
To other reserves6921€17,945-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Goods, raw materials, services and sundry goods60/61----€15,640-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,252€5,322€5,322€5,322€8,391▲ 57.7%
Other operating charges640/8-€842€857€716€30▼ 95.8%
Gross operating margin9900€58,565€45,926€37,124€31,246-€15,640▼ 150%
Operating profit (loss)9901€55,476€39,762€30,945€25,208-€24,061▼ 195%
Financial income75/76B-€4,165€4,165€4,165--
Recurring financial income75€4,176€4,165€4,165€4,165--
Financial charges65/66B-€215€206€346€24▼ 93.1%
Recurring financial charges65€236€215€206€346€24▼ 93.1%
Profit (loss) for the period before taxes9903€59,416€43,712€34,904€29,027-€24,085▼ 183%
Income taxes67/77€20,062€15,272€12,482€11,082--
Profit (loss) for the period9904€39,354€28,440€22,422€17,945-€24,085▼ 234%
Profit (loss) for the period to be appropriated9905€39,354€28,440€22,422€17,945-€24,085▼ 234%
Line20202021202220232024Change
Assets
Total assets20/58€211,074€239,342€244,515€249,273€225,337▼ 9.6%
Fixed assets21/28€24,728€19,407€14,085€8,763€372▼ 95.8%
Tangible fixed assets22/27€24,356€19,035€13,713€8,391€0▼ 100%
Furniture and vehicles24-€19,035€13,713€8,391€0▼ 100%
Financial fixed assets28€372€372€372€372€372=
Current assets29/58€186,346€219,935€230,430€240,510€224,965▼ 6.5%
Amounts receivable within one year40/41€131,148€134,229€139,937€146,549€146,549=
Trade receivables40-€5,889€6,038---
Other amounts receivable41-€128,340€133,899€146,549€146,549=
Current investments50/53€605€605€605€605€605=
Cash at bank and in hand54/58€53,693€84,169€88,972€93,006€77,461▼ 16.7%
Deferred charges and accrued income490/1-€931€916€350€350▲ 0.1%
Equity and liabilities
Total equity and liabilities10/49€211,074€239,342€244,515€249,273€225,337▼ 9.6%
Equity10/15€180,243€208,683€231,105€249,050€224,965▼ 9.7%
Contributions10/11-€18,600€18,600€18,600€18,600=
Outside capital11----€18,600-
Share premium1100/10----€18,600-
Reserves13€161,643€190,083€212,505€230,450€230,450=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Legal reserve130----€1,860-
Reserves not available under the articles1311-€1,860€1,860€1,860--
Distributable reserves133-€188,223€210,645€228,590€228,590=
Profit (loss) carried forward14-----€24,085-
Amounts payable17/49€30,831€30,658€13,410€223€372▲ 67.2%
Amounts payable after more than one year17€11,936€4,774----
Financial debts170/4-€4,774----
Amounts payable within one year42/48€18,895€25,884€13,410€223--
Current portion of amounts payable after more than one year42-€7,162€4,774---
Trade debts44€424€725€867€142--
Suppliers440/4-€725€867€142--
Taxes, remuneration and social security45-€17,997€7,769€80--
Taxes450/3-€17,831€7,755---
Remuneration and social security454/9-€166€14€80--
Accrued charges and deferred income492/3----€372-
Line20202021202220232024Change
Profit (loss) for the period9904€39,354€28,440€22,422€17,945-€24,085▼ 234%
+ Depreciation and write-downs630€2,252€5,322€5,322€5,322€8,391▲ 57.7%
Operating cash flow (approximation)€41,606€33,762€27,744€23,267-€15,694▼ 167%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€30,477€4,803€4,034-€15,545▼ 485%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
19-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 111 days late
2024
31-12
Financial Weakest financial yearnet -€24,085
Net result drops to -€24,085, the lowest in the series.
03-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity times 63current ratio 1080.89
Current ratio from 17.18 to 1080.89; short-term debt falls from €13,410 to €223.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity doublescurrent ratio 17.18
Current ratio from 8.50 to 17.18; short-term debt falls from €25,884 to €13,410.
16-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €200,000Eq €208,683 ▲15.8%
4 profitable years in a row build equity to €208,683.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €39,354 ▲289%
Operating result €55,476, net result €39,354, both a record.
31-12
Financial Equity above €150,000Eq €180,243 ▲27.9%
3 profitable years in a row build equity to €180,243.
01-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
11-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
07-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Boussu
exact location from the address register On OpenStreetMap
Ground area
435 m²
Building footprint
49 m²
Volume, LiDAR
397 m³
Parcel 53014B0990/00Z163, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53014B0990/00Z163 Wallonia 435 m² 1 · 49 m² 9.6 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded13-01-1999
Fiscal year end31-12
Abbreviation FR M-S. I BERKOUKI
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.