BAY BATI
ActiveThe computed 12-month bankruptcy probability of BAY BATI is 3.7% (moderate). The 2024 annual accounts show equity of €27k and a net result of €12k. Its solvency ranks better than 43% of 36376 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▼-9
Solvency65▲+3
Growth52
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 2.06 in 2023; short-term debt: 59.7% and cash: 44.7% of total assets), but 59.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
40.3%
Return on assets
17.9%
Age of the figures
21 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 18-08-2025, 18 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
18 d late
2023
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€27k▲ 80.0%
2023 · €15k
2023: €15k
2023 → 2024
Total assets
€67k▲ 64.7%
2023 · €41k
2023: €41k
2023 → 2024
Net result
€12k▼ 3.9%
2023 · €12k
2023: €12k
2023 → 2024
Working capital
€27k▲ 35.4%
2023 · €20k
2023: €20k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€15k-€27k▲ 80.0%
Operating result€18k-€17k▼ 4.6%
Net result€12k-€12k▼ 3.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €67k
Fixed assets
€110▼ 94.8%
Current assets
€67k▲ 73.5%
Equity and liabilities €67k
Equity
€27k▲ 80.0%
Debt
€40k▲ 55.8%
The debt ratio falls from 63.1% to 59.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k▼
2023 · €23k
Cash flow
€14k▼
2023 · €18k
Solvency
40.3%▲
2023 · 36.9%
Current ratio
1.67▼
2023 · 2.06
Quick ratio
1.15▲
2023 · 0.95
Debt / equity
1.48▼
2023 · 1.71
ROE
44.5%▼
2023 · 83.3%
ROA
17.9%▼
2023 · 30.7%
Interest coverage
179.14▲
2023 · 118.59
Debt
€40k▲
2023 · €26k
Debt ≤ 1 year
€40k▲
2023 · €19k
Income taxes
€5k▼
2023 · €5k
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€41k€67k▲
Formation expenses20€0-
Fixed assets21/28€2k€110▼
Tangible fixed assets22/27€2k€110▼
Furniture and vehicles24€2k€110▼
Current assets29/58€38k€67k▲
Stocks and contracts in progress3€21k€21k=
Stocks30/36€21k€21k=
Amounts receivable within one year40/41€9k€16k▲
Trade receivables40€8k€8k▼
Other amounts receivable41€138€8k▲
Cash at bank and in hand54/58€9k€30k▲
Deferred charges and accrued income490/1-€134
Equity and liabilities
Total equity and liabilities10/49€41k€67k▲
Equity10/15€15k€27k▲
Contributions10/11€3k€3k=
Reserves13€12k€24k▲
Distributable reserves133€12k€24k▲
Amounts payable17/49€26k€40k▲
Amounts payable within one year42/48€19k€40k▲
Trade debts44€6k€18k▲
Suppliers440/4€6k€18k▲
Advances received on contracts in progress46€5k€5k▼
Taxes, remuneration and social security45€5k€15k▲
Taxes450/3€5k€10k▲
Remuneration and social security454/9-€6k
Other amounts payable47/48€2k€2k▲
Accrued charges and deferred income492/3€7k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€3k€324▼
Gross operating margin9900€26k€19k▼
Operating profit (loss)9901€18k€17k▼
Financial income75/76B€1€4▲
Recurring financial income75€1€4▲
Financial charges65/66B€192€105▼
Recurring financial charges65€192€105▼
Profit (loss) for the period before taxes9903€17k€17k▼
Income taxes67/77€5k€5k▼
Profit (loss) for the period9904€12k€12k▼
Profit (loss) for the period to be appropriated9905€12k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€12k▼
Transfer to equity691/2€12k€12k▼
To other reserves6921€12k€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
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
NBB filing
Directors · office · real estate
Directors
2 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, Tongeren-Borgloon · 2 establishment units since 2022
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.
Godensteenstraat 33700 Tongeren-BorgloonGround area
515 m²
Building footprint
346 m²
Volume, LiDAR
1,304 m³
2 parcels, Flanders, Wallonia · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
BAY BATI BUREAU
since 20222.327.082.656
BAY BATI
since 20222.327.082.755
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62112A0763/00C000 | Wallonia | 265 m² | 1 · 79 m² | - |
| 73003C0307/00X000 | Flanders | 250 m² | 1 · 266 m² | 9.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
2549009AI2VMOBVUNW79
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EGS PROJECTS
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,564 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2022
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:baybati38@gmail.com
Phone:0486859976
Website:baybati38@gmail.com