BATU GROUP
ActiveSummary
The annual accounts of BATU GROUP for fiscal year 2026 show a net loss of 67% of the equity at the start of that year. The 2026 annual accounts show equity of €9,586 and a net result of -€19,733. Equity is shrinking by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 15% of 32 sector peers (fiscal year 2026). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability0▼-78
Solvency45▼-26
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.13 against 1.66 in 2025; short-term debt: 79.9% and cash: 14.2% of total assets), and 79.9% 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○neutral
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 2026Solvency, return and age of the figures
Solvency
20.1%
Return on assets
-41.4%
Age of the figures
6 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 32 sector peers (2026).
NBB · sector comparisonPosition among 32 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-09-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
39 d early
2025
22 d early
2024
3 d early
2023
20 d early
2022
31 d early
2021
9 d late
2020
10 d late
← 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 14 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 9 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€9,586▼ 67.3%
2025 · €29,319
Total assets
€47,616▼ 24.9%
2025 · €63,408
Net result
-€19,733
2025 · €4,713
Working capital
€4,935▼ 78.1%
2025 · €22,562
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€3,444▲ 13.5%€16,732▲ 386%-€16,585€4,783-€19,661
Net result€2,451within the sector's middle half▼ 49.7%€725within the sector's middle half▼ 70.4%-€25,954below the sector's middle half€4,713within the sector's middle half-€19,733
Equity€49,836within the sector's middle half▲ 5.2%€50,560within the sector's middle half▲ 1.5%€24,606within the sector's middle half▼ 51.3%€29,319within the sector's middle half▲ 19.2%€9,586▼ 67.3%
Total assets€80,363within the sector's middle half▼ 24.1%€116,752within the sector's middle half▲ 45.3%€70,152within the sector's middle half▼ 39.9%€63,408within the sector's middle half▼ 9.6%€47,616▼ 24.9%
Debt€30,527▼ 51.9%€66,191▲ 117%€45,546▼ 31.2%€34,089▼ 25.2%€38,030▲ 11.6%
Working capital€39,351within the sector's middle half▲ 8.1%€44,508within the sector's middle half▲ 13.1%€20,421within the sector's middle half▼ 54.1%€22,562within the sector's middle half▲ 10.5%€4,935▼ 78.1%
Solvency62.0%within the sector's middle half▲ 17.3pp43.3%within the sector's middle half▼ 18.7pp35.1%within the sector's middle half▼ 8.2pp46.2%within the sector's middle half▲ 11.2pp20.1%▼ 26.1pp
Current ratio2.29within the sector's middle half▲ 0.651.67within the sector's middle half▼ 0.621.47within the sector's middle half▼ 0.211.66within the sector's middle half▲ 0.201.13▼ 0.53
Return on assets (ROA)3.0%within the sector's middle half▼ 1.6pp0.6%within the sector's middle half▼ 2.4pp-37.0%below the sector's middle half▼ 37.6pp7.4%within the sector's middle half▲ 44.4pp-41.4%▼ 48.9pp
Staff (FTE)0.50.8▲ 60.0%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2026: a loss of €19,661 after €4,783 in 2025, the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €47,616
Fixed assets
€4,651 ▼ 31.2%
Current assets
€42,965 ▼ 24.2%
Equity and liabilities €47,616
Equity
€9,586 ▼ 67.3%
Debt
€38,030 ▲ 11.6%
Debt's share of the balance-sheet total rises from 53.8% to 79.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€17,555▼
2025 · €6,825
Cash flow
-€17,627▼
2025 · €6,755
Quick ratio
0.62▼
2025 · 1.01
Debt to equity
3.97▲
2025 · 1.16
ROE
-205.8%▼
2025 · 16.1%
Interest coverage
-243.31▼
2025 · 97.29
Debt ≤ 1 year
€38,030▲
2025 · €34,089
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,294 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,294 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
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €18 | €16,629 | €14,950 | €1,520 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,102 | €1,366 | €1,378 | €2,042 | €2,106 | ▲ 3.2% |
| Other operating charges640/8 | €1,202 | €3,274 | €3,492 | €1,483 | €1,215 | ▼ 18.1% |
| Gross operating margin9900 | €5,766 | €38,000 | €3,235 | €9,828 | -€16,340 | ▼ 266% |
| Operating profit (loss)9901 | €3,444 | €16,732 | -€16,585 | €4,783 | -€19,661 | ▼ 511% |
| Financial income75/76B | €477 | €177 | - | - | €0 | - |
| Recurring financial income75 | €477 | €177 | - | - | €0 | - |
| Financial charges65/66B | €422 | €12,237 | €2,885 | €70 | €72 | ▲ 2.9% |
| Recurring financial charges65 | €422 | €2,671 | €2,885 | €70 | €72 | ▲ 2.9% |
| Non-recurring financial charges66B | - | €9,566 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €3,499 | €4,672 | -€19,470 | €4,713 | -€19,733 | ▼ 519% |
| Income taxes67/77 | €1,048 | €3,947 | €6,485 | - | - | - |
| Profit (loss) for the period9904 | €2,451 | €725 | -€25,954 | €4,713 | -€19,733 | ▼ 519% |
| Profit (loss) for the period to be appropriated9905 | €2,451 | €725 | -€25,954 | €4,713 | -€19,733 | ▼ 519% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80,363 | €116,752 | €70,152 | €63,408 | €47,616 | ▼ 24.9% |
| Formation expenses20 | €73 | - | - | - | - | - |
| Fixed assets21/28 | €10,412 | €6,053 | €5,905 | €6,757 | €4,651 | ▼ 31.2% |
| Tangible fixed assets22/27 | €10,412 | €6,053 | €5,905 | €6,664 | €4,558 | ▼ 31.6% |
| Plant, machinery and equipment23 | €621 | €9 | - | - | - | - |
| Furniture and vehicles24 | €9,791 | €6,044 | €5,905 | €6,664 | €4,558 | ▼ 31.6% |
| Financial fixed assets28 | - | - | - | €94 | €94 | = |
| Current assets29/58 | €69,879 | €110,699 | €64,246 | €56,650 | €42,965 | ▼ 24.2% |
| Stocks and contracts in progress3 | €19,000 | €23,054 | €22,549 | €22,125 | €19,500 | ▼ 11.9% |
| Stocks30/36 | €19,000 | €23,054 | €22,549 | €22,125 | €19,500 | ▼ 11.9% |
| Amounts receivable within one year40/41 | €26,046 | €53,102 | €15,215 | €9,493 | €16,706 | ▲ 76.0% |
| Trade receivables40 | €21,360 | €49,064 | €11,848 | €7,466 | €15,574 | ▲ 109% |
| Other amounts receivable41 | €4,686 | €4,038 | €3,368 | €2,027 | €1,132 | ▼ 44.2% |
| Cash at bank and in hand54/58 | €9,514 | €34,124 | €26,057 | €25,032 | €6,759 | ▼ 73.0% |
| Deferred charges and accrued income490/1 | €15,319 | €418 | €426 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80,363 | €116,752 | €70,152 | €63,408 | €47,616 | ▼ 24.9% |
| Equity10/15 | €49,836 | €50,560 | €24,606 | €29,319 | €9,586 | ▼ 67.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Reserves13 | €3,661 | €3,661 | €3,661 | €3,661 | €3,661 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | €1,801 | €1,801 | €3,661 | €3,661 | €3,661 | = |
| Profit (loss) carried forward14 | €27,575 | €28,300 | €2,345 | €7,058 | -€12,675 | ▼ 280% |
| Amounts payable17/49 | €30,527 | €66,191 | €45,546 | €34,089 | €38,030 | ▲ 11.6% |
| Amounts payable within one year42/48 | €30,527 | €66,191 | €43,825 | €34,089 | €38,030 | ▲ 11.6% |
| Current portion of amounts payable after more than one year42 | - | €2,000 | - | - | - | - |
| Financial debts43 | - | €15 | €19 | €19 | €19 | = |
| Credit institutions430/8 | - | €15 | €19 | €19 | €19 | = |
| Trade debts44 | €22,283 | €49,950 | €29,384 | €26,828 | €24,828 | ▼ 7.5% |
| Suppliers440/4 | €22,283 | €49,950 | €29,384 | €26,828 | €24,828 | ▼ 7.5% |
| Taxes, remuneration and social security45 | €8,245 | €14,227 | €14,422 | €7,242 | €12,598 | ▲ 74.0% |
| Taxes450/3 | €5,992 | €7,103 | €7,534 | €6,151 | €3,871 | ▼ 37.1% |
| Remuneration and social security454/9 | €2,253 | €7,124 | €6,888 | €1,090 | €8,727 | ▲ 700% |
| Other amounts payable47/48 | - | - | - | - | €584 | - |
| Accrued charges and deferred income492/3 | - | - | €1,720 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,451 | €725 | -€25,954 | €4,713 | -€19,733 | ▼ 519% |
| + Depreciation and write-downs630 | €1,102 | €1,366 | €1,378 | €2,042 | €2,106 | ▲ 3.2% |
| Operating cash flow (approximation) | €3,553 | €2,090 | -€24,576 | €6,755 | -€17,627 | ▼ 361% |
| Investment in fixed assets (approximation) | - | €2,993 | -€1,231 | -€2,894 | €0 | ▲ 100% |
| Change in cash | - | €24,611 | -€8,067 | -€1,025 | -€18,273 | ▼ 1,683% |
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 2027, expected by
2026
22-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €4,713
Net result €4,713 after one loss-making year.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet -€25,954
Net result drops to -€25,954, the lowest in the series; recovery starts the following year.
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
31-03
Financial
Highest result since 2019net €4,874 ▲15.7%
Net result €4,874, the highest in the series.
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
31-03
Financial
Back to profitnet €4,214
Net result €4,214 after one loss-making year.
2019
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Gent · 1 establishment unit since 2012
Ground area
65 m²
Parcel 44432C1111/00N004, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BATU GROUP
since 20122.211.633.256
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C1111/00N004 | Flanders | 64 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Recognised contractor
2 categoriesBATU GROUP BV43461
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Of 7,377 companies in sector 95311 we hold annual accounts for 2,962. 1,170 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
Founded26-07-2012
Fiscal year end31-03
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
95319Other maintenance and repair of motor vehicles
Contact
E-mail
garagevatan@hotmail.com
Phone
0488314515
E-invoicing
Reachable via Peppol
Peppol ID
0208:0847671815
Also
9925:BE0847671815
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.