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BAZOTTY

Active
General partnershipfounded 20224 yrs activeBrusselstraat 189, 1702 Dilbeek, BelgiumKBO/BCE: BE 0789.401.638
Summary

BAZOTTY has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €51,084 and a net result of €19,022. Its solvency ranks better than 72% of 1295 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability92▼-8
Solvency76▲+7
Growth52
Track record94
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.5 in 2023; short-term debt: 49.1% and cash: 34.3% of total assets), and 49.1% 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
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
50.9%
Return on assets
19%
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 30-09-2025, 61 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 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
5 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 28 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed 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 4 August 2022, BAZOTTY was incorporated as a General partnership.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

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

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€19,022▼ 38.8%
2023 · €31,062
Working capital
€45,326▲ 120%
2023 · €20,649
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€39,332-€24,729▼ 37.1%
Net result€31,062within the sector's middle half-€19,022within the sector's middle half▼ 38.8%
Equity€32,062below the sector's middle half-€51,084below the sector's middle half▲ 59.3%
Total assets€72,982below the sector's middle half-€100,376below the sector's middle half▲ 37.5%
Debt€40,920-€49,292▲ 20.5%
Working capital€20,649within the sector's middle half-€45,326within the sector's middle half▲ 120%
Solvency43.9%within the sector's middle half-50.9%within the sector's middle half▲ 7.0pp
Current ratio1.50within the sector's middle half-1.92within the sector's middle half▲ 0.41
Return on assets (ROA)42.6%above the sector's middle half-19.0%above the sector's middle half▼ 23.6pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2023: €39,332€39,332Net result 2023: €31,062€31,062Operating result 2024: €24,729€24,729Net result 2024: €19,022€19,02220232024€0€10,000€20,000€30,000€40,000Operating result 2023: €39,332€39,300Net result 2023: €31,062€31,100Operating result 2024: €24,729€24,700Net result 2024: €19,022€19,00020232024
The operating result falls in 2024; 2024 is 37% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €100,376
Fixed assets €5,758 ▼ 49.6%
Current assets €94,619 ▲ 53.7%
Equity and liabilities €100,376
Equity €51,084 ▲ 59.3%
Debt €49,292 ▲ 20.5%
Debt's share of the balance-sheet total falls from 56.1% to 49.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€30,385▼
2023 · €42,899
Cash flow
€24,678▼
2023 · €34,629
Debt to equity
0.96▼
2023 · 1.28
ROE
37.2%▼
2023 · 96.9%
Interest coverage
421.14▼
2023 · 724.89
Debt ≤ 1 year
€49,292▲
2023 · €40,920
Income taxes
€5,636▼
2023 · €8,210
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 39,278 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 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€72,982€100,376▲
Fixed assets21/28€11,414€5,758▼
Tangible fixed assets22/27€11,414€5,758▼
Furniture and vehicles24€11,414€5,758▼
Current assets29/58€61,568€94,619▲
Amounts receivable within one year40/41€45,322€60,208▲
Trade receivables40€23,140€37,693▲
Other amounts receivable41€22,182€22,515▲
Cash at bank and in hand54/58€16,246€34,410▲
Equity and liabilities
Total equity and liabilities10/49€72,982€100,376▲
Equity10/15€32,062€51,084▲
Contributions10/11€1,000€1,000=
Capital10€1,000€1,000=
Issued capital100€1,000€1,000=
Profit (loss) carried forward14€31,062€50,084▲
Amounts payable17/49€40,920€49,292▲
Amounts payable within one year42/48€40,920€49,292▲
Trade debts44€11,849€13,610▲
Suppliers440/4€11,849€13,610▲
Taxes, remuneration and social security45€29,071€35,682▲
Taxes450/3€29,071€35,682▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,567€5,656▲
Other operating charges640/8€772€1,052▲
Gross operating margin9900€43,671€31,437▼
Operating profit (loss)9901€39,332€24,729▼
Financial charges65/66B€59€72▲
Recurring financial charges65€59€72▲
Profit (loss) for the period before taxes9903€39,273€24,657▼
Income taxes67/77€8,210€5,636▼
Profit (loss) for the period9904€31,062€19,022▼
Profit (loss) for the period to be appropriated9905€31,062€19,022▼
Appropriation of the result
Profit (loss) to be appropriated9906€31,062€50,084▲
Profit (loss) brought forward from the previous period14P-€31,062

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,567€5,656▲ 58.6%
Other operating charges640/8€772€1,052▲ 36.2%
Gross operating margin9900€43,671€31,437▼ 28.0%
Operating profit (loss)9901€39,332€24,729▼ 37.1%
Financial charges65/66B€59€72▲ 21.9%
Recurring financial charges65€59€72▲ 21.9%
Profit (loss) for the period before taxes9903€39,273€24,657▼ 37.2%
Income taxes67/77€8,210€5,636▼ 31.4%
Profit (loss) for the period9904€31,062€19,022▼ 38.8%
Profit (loss) for the period to be appropriated9905€31,062€19,022▼ 38.8%
Line20232024Change
Assets
Total assets20/58€72,982€100,376▲ 37.5%
Fixed assets21/28€11,414€5,758▼ 49.6%
Tangible fixed assets22/27€11,414€5,758▼ 49.6%
Furniture and vehicles24€11,414€5,758▼ 49.6%
Current assets29/58€61,568€94,619▲ 53.7%
Amounts receivable within one year40/41€45,322€60,208▲ 32.8%
Trade receivables40€23,140€37,693▲ 62.9%
Other amounts receivable41€22,182€22,515▲ 1.5%
Cash at bank and in hand54/58€16,246€34,410▲ 112%
Equity and liabilities
Total equity and liabilities10/49€72,982€100,376▲ 37.5%
Equity10/15€32,062€51,084▲ 59.3%
Contributions10/11€1,000€1,000=
Capital10€1,000€1,000=
Issued capital100€1,000€1,000=
Profit (loss) carried forward14€31,062€50,084▲ 61.2%
Amounts payable17/49€40,920€49,292▲ 20.5%
Amounts payable within one year42/48€40,920€49,292▲ 20.5%
Trade debts44€11,849€13,610▲ 14.9%
Suppliers440/4€11,849€13,610▲ 14.9%
Taxes, remuneration and social security45€29,071€35,682▲ 22.7%
Taxes450/3€29,071€35,682▲ 22.7%
Line20232024Change
Profit (loss) for the period9904€31,062€19,022▼ 38.8%
+ Depreciation and write-downs630€3,567€5,656▲ 58.6%
Operating cash flow (approximation)€34,629€24,678▼ 28.7%
Investment in fixed assets (approximation)-€0-
Change in cash-€18,164-

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

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
26-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
NBB filing
0 of 5 acts read
About the unread acts

We know of 5 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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Dilbeek · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,071 m²
Building footprint
176 m²
Volume, LiDAR
1,721 m³
2 parcels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
65 companies at this address See who is registered here
1 establishment unit
Brouwerijstraat 65, 1630 Linkebeek
Plumbing work
since 20222.383.765.892
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23026B0089/00F011 Flanders 1,033 m² 1 · 104 m² 13.1 m · 3 fl.
22003A0140/00F004 Flanders 38 m² 1 · 72 m² 12.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,766 companies in this sector we hold annual accounts for 16,066. 13,101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formGeneral partnership
Founded04-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43230Insulation installation
43310Plastering work
43332Laying of wooden floor and wall coverings
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0789401638
Also 9925:BE0789401638

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

Register as of 30 September 2026 · Peppol Directory

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