BAUTTHIEU
ActiveBAUTTHIEU has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36k and a net result of €12k. Equity is growing by ~41.7% per year across the filed fiscal years. Its solvency ranks better than 25% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency24▲+12
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.56 in 2023), and 76.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 · 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 2024Solvency, return and age of the figures
Solvency
23.9%
Return on assets
8%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
31 d late
2022
31 d late
2021
4 d late
2020
19 d early
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€36k▲ 50.2%
2023 · €24k
2018: €-49k
2019: €-39k
2020: €-36k
2021: €-9k
2022: €15k
2023: €24k
2018 → 2024
Total assets
€149k▼ 1.3%
2023 · €152k
2018: €148k
2019: €148k
2020: €142k
2021: €146k
2022: €143k
2023: €152k
2018 → 2024
Net result
€12k▲ 35.4%
2023 · €9k
2018: €11k
2019: €20k
2020: €3k
2021: €27k
2022: €24k
2023: €9k
2018 → 2024
Working capital
€-33k▼ 75.5%
2023 · €-19k
2018: €-8k
2019: €-17k
2020: €-21k
2021: €-28k
2022: €-34k
2023: €-19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-36k-€-9k▲ 74.9%€15k€24k▲ 58.9%€36k▲ 50.2%
Operating result€14k-€46k▲ 231%€42k▼ 9.4%€20k▼ 52.7%€28k▲ 40.1%
Net result€3k-€27k▲ 838%€24k▼ 10.8%€9k▼ 63.2%€12k▲ 35.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 40% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €149k
Fixed assets
€127k▼ 0.3%
Current assets
€22k▼ 6.8%
Equity and liabilities €149k
Equity
€36k▲ 50.2%
Debt
€114k▼ 10.9%
The debt ratio falls from 84.3% to 76.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€28k▲
2023 · €20k
Cash flow
€12k▲
2023 · €10k
Solvency
23.9%▲
2023 · 15.7%
Current ratio
0.40▼
2023 · 0.56
Quick ratio
0.40▼
2023 · 0.56
Debt / equity
3.18▼
2023 · 5.36
ROE
33.4%▼
2023 · 37.1%
ROA
8.0%▲
2023 · 5.8%
Interest coverage
3.71▲
2023 · 3.18
Debt
€114k▼
2023 · €128k
Debt ≤ 1 year
€56k▲
2023 · €43k
Debt > 1 year
€58k▼
2023 · €85k
Income taxes
€9k▲
2023 · €4k
Staff costs
€9k▲
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€152k€149k▼
Fixed assets21/28€128k€127k▼
Tangible fixed assets22/27€128k€127k▼
Land and buildings22€126k€126k=
Plant, machinery and equipment23€1k€990▼
Furniture and vehicles24€0-
Current assets29/58€24k€22k▼
Amounts receivable within one year40/41€24k€22k▼
Trade receivables40€10k€12k▲
Other amounts receivable41€14k€10k▼
Equity and liabilities
Total equity and liabilities10/49€152k€149k▼
Equity10/15€24k€36k▲
Contributions10/11€6k€6k=
Reserves13€18k€30k▲
Distributable reserves133€18k€30k▲
Amounts payable17/49€128k€114k▼
Amounts payable after more than one year17€85k€58k▼
Financial debts170/4€85k€58k▼
Amounts payable within one year42/48€43k€56k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Financial debts43€9k€6k▼
Credit institutions430/8€9k€6k▼
Trade debts44€7k€23k▲
Suppliers440/4€7k€23k▲
Taxes, remuneration and social security45€15k€14k▼
Taxes450/3€15k€14k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€6k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€734€378▼
Other operating charges640/8€672€1k▲
Gross operating margin9900€27k€38k▲
Operating profit (loss)9901€20k€28k▲
Financial income75/76B€0€1k▲
Recurring financial income75€0€1k▲
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€13k€21k▲
Income taxes67/77€4k€9k▲
Profit (loss) for the period9904€9k€12k▲
Profit (loss) for the period to be appropriated9905€9k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€12k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€9k€12k▲
To other reserves6921€9k€12k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Highest result since 2018net €27k ▲838%
Operating result €46k, net result €27k, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €3k ▼85.7%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
09-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 282 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kapellen · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Mauritiuslaan 22950 KapellenGround area
405 m²
Building footprint
92 m²
Volume, LiDAR
13 m³
Parcel 11902G0060/00A005, Flanders · tallest building 4.0 m. Linked by address, not a title deed.
1 establishment unit
BAUTTHIEU
since 20072.159.882.271
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11902G0060/00A005 | Flanders | 405 m² | 1 · 92 m² | 4.0 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2023 to 2025 · 4 entries · 2,649 EUR awarded · 2,649 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 2 | 649 EUR | 649 EUR |
Schemes
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 live approvalsAfwerking bouw duaal (so)
Metselaar (vwo)
Ruwbouw duaal (so)
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 12,550 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-02-2007
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43110Demolition
41003General construction of other non-residential buildings
68121Development of residential building projects
43120Site preparation
43130Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.