BTM.MOLD
ActiveSummary
The computed 12-month bankruptcy probability of BTM.MOLD is 2.7% (moderate). The 2025 annual accounts show negative equity (-€19,338) and a net result of -€155,730. Equity is growing by ~24.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 28184 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability42▼-44
Solvency0▼-83
Growth49▼-30
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.79 against 0.52 in 2024; short-term debt: 92.7% and cash: 1.2% of total assets), and equity is negative.
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Signals
Six 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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 2025Solvency, return and age of the figures
Solvency
-32.3%
Return on assets
-259.8%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€19,338
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
36 d early
2023
27 d late
2022
17 d late
2021
16 d late
2020
16 d late
2019
31 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 7 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€911,827▲ 27.2%
2023 · €716,587
EBIT margin
9.2%▲ 1.5pp
2023 · 7.7%
Net result
-€155,730
2024 · €54,601
Working capital
-€11,536▲ 75.4%
2024 · -€46,852
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line20212022202320242025
Turnover€387,736▲ 11.0%€786,290▲ 103%€716,587▼ 8.9%€911,827▲ 27.2%
Operating result€15,790▼ 72.5%€10,558▼ 33.1%€54,989▲ 421%€83,735▲ 52.3%-€157,093
Net result€9,185within the sector's middle half▼ 68.8%€2,558within the sector's middle half▼ 72.2%€36,283above the sector's middle half▲ 1,319%€54,601above the sector's middle half▲ 50.5%-€155,730below the sector's middle half
EBIT margin4.1%▼ 12.3pp1.3%▼ 2.7pp7.7%▲ 6.3pp9.2%▲ 1.5pp
Equity€59,150within the sector's middle half▲ 18.4%€61,707within the sector's middle half▲ 4.3%€97,991within the sector's middle half▲ 58.8%€136,392above the sector's middle half▲ 39.2%-€19,338below the sector's middle half
Total assets€201,766within the sector's middle half▼ 14.7%€275,042within the sector's middle half▲ 36.3%€215,792within the sector's middle half▼ 21.5%€233,856within the sector's middle half▲ 8.4%€59,932below the sector's middle half▼ 74.4%
Debt€142,616▼ 23.5%€213,335▲ 49.6%€117,801▼ 44.8%€97,463▼ 17.3%€79,270▼ 18.7%
Working capital-€56,329▲ 7.0%-€77,901▼ 38.3%-€59,119▲ 24.1%-€46,852▲ 20.7%-€11,536▲ 75.4%
Solvency29.3%within the sector's middle half▲ 8.2pp22.4%within the sector's middle half▼ 6.9pp45.4%within the sector's middle half▲ 23.0pp58.3%within the sector's middle half▲ 12.9pp-32.3%below the sector's middle half▼ 90.6pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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 2025: a loss of €157,093 after €83,735 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59,932
Fixed assets
€15,924 ▼ 91.3%
Current assets
€44,008 ▼ 13.0%
Key figures and ratios
EBITDA
€9,971▼
2024 · €97,504
Cash flow
€11,334▼
2024 · €68,370
Current ratio
0.79▲
2024 · 0.52
Debt to equity
-4.10▼
2024 · 0.71
ROA
-259.8%▼
2024 · 23.3%
Interest coverage
4.99▼
2024 · 26.27
Debt ≤ 1 year
€55,543▼
2024 · €97,463
Income taxes
€272▼
2024 · €25,662
Staff costs
€704▲
2024 · €259
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 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 6,943 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €387,736 | €786,290 | €716,587 | €911,827 | - | - |
| Non-recurring operating income76A | - | €29,265 | - | €2,000 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €351,511 | €731,399 | €630,919 | €807,182 | - | - |
| Remuneration, social security and pensions62 | - | €28,793 | €7,821 | €259 | €704 | ▲ 172% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,457 | €11,740 | €14,227 | €13,768 | €167,065 | ▲ 1,113% |
| Other operating charges640/8 | €2,945 | €3,799 | €8,632 | €6,016 | €21,509 | ▲ 258% |
| Non-recurring operating charges66A | €7,033 | - | - | €2,867 | - | - |
| Gross operating margin9900 | €36,225 | €54,890 | €85,668 | €106,645 | €32,184 | ▼ 69.8% |
| Operating profit (loss)9901 | €15,790 | €10,558 | €54,989 | €83,735 | -€157,093 | ▼ 288% |
| Financial income75/76B | €3,013 | €3,419 | €0 | €239 | €3,632 | ▲ 1,418% |
| Recurring financial income75 | €3,012 | €3,419 | €0 | €239 | €3,632 | ▲ 1,418% |
| Non-recurring financial income76B | €0 | - | - | - | - | - |
| Financial charges65/66B | €6,800 | €8,682 | €4,636 | €3,711 | €1,997 | ▼ 46.2% |
| Recurring financial charges65 | €6,800 | €8,682 | €4,636 | €3,711 | €1,997 | ▼ 46.2% |
| Profit (loss) for the period before taxes9903 | €12,003 | €5,294 | €50,353 | €80,263 | -€155,458 | ▼ 294% |
| Income taxes67/77 | €2,818 | €2,737 | €14,070 | €25,662 | €272 | ▼ 98.9% |
| Profit (loss) for the period9904 | €9,185 | €2,558 | €36,283 | €54,601 | -€155,730 | ▼ 385% |
| Profit (loss) for the period to be appropriated9905 | €9,185 | €2,558 | €36,283 | €54,601 | -€155,730 | ▼ 385% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €201,766 | €275,042 | €215,792 | €233,856 | €59,932 | ▼ 74.4% |
| Fixed assets21/28 | €185,012 | €185,730 | €179,767 | €183,244 | €15,924 | ▼ 91.3% |
| Tangible fixed assets22/27 | €184,576 | €185,295 | €179,332 | €182,809 | €15,489 | ▼ 91.5% |
| Land and buildings22 | €176,651 | €170,893 | €165,136 | €159,379 | - | - |
| Plant, machinery and equipment23 | €690 | €380 | €70 | €1 | - | - |
| Furniture and vehicles24 | €1,626 | €6,225 | €2,061 | €18,569 | €13,776 | ▼ 25.8% |
| Leasing and similar rights25 | €5,609 | €7,796 | €12,065 | €4,860 | €1,713 | ▼ 64.8% |
| Financial fixed assets28 | €435 | €435 | €435 | €435 | €435 | = |
| Current assets29/58 | €16,754 | €89,312 | €36,025 | €50,611 | €44,008 | ▼ 13.0% |
| Stocks and contracts in progress3 | - | €7,049 | - | - | - | - |
| Stocks30/36 | - | €7,049 | - | - | - | - |
| Amounts receivable within one year40/41 | €16,751 | €21,126 | €30,213 | €44,744 | €39,920 | ▼ 10.8% |
| Trade receivables40 | €10,336 | €10,342 | €21,903 | €5,986 | €28,405 | ▲ 374% |
| Other amounts receivable41 | €6,415 | €10,784 | €8,310 | €38,757 | €11,516 | ▼ 70.3% |
| Current investments50/53 | €3 | €3 | €3 | €3 | €3 | = |
| Cash at bank and in hand54/58 | - | €57,621 | €1,231 | €990 | €727 | ▼ 26.6% |
| Deferred charges and accrued income490/1 | - | €3,514 | €4,578 | €4,875 | €3,357 | ▼ 31.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €201,766 | €275,042 | €215,792 | €233,856 | €59,932 | ▼ 74.4% |
| Equity10/15 | €59,150 | €61,707 | €97,991 | €136,392 | -€19,338 | ▼ 114% |
| Contributions10/11 | €16,200 | €16,200 | €16,200 | - | - | - |
| Profit (loss) carried forward14 | €42,950 | €45,507 | €81,791 | €136,392 | -€19,338 | ▼ 114% |
| Amounts payable17/49 | €142,616 | €213,335 | €117,801 | €97,463 | €79,270 | ▼ 18.7% |
| Amounts payable after more than one year17 | €68,346 | €46,121 | €22,657 | - | - | - |
| Financial debts170/4 | €68,346 | €46,121 | €22,657 | - | - | - |
| Amounts payable within one year42/48 | €73,083 | €167,214 | €95,144 | €97,463 | €55,543 | ▼ 43.0% |
| Current portion of amounts payable after more than one year42 | €19,393 | €20,472 | €21,611 | €20,698 | - | - |
| Financial debts43 | €22,374 | - | €27,241 | €10,823 | - | - |
| Credit institutions430/8 | €22,374 | - | €27,241 | €10,823 | - | - |
| Trade debts44 | €3,186 | €25,517 | €20,328 | €6,385 | €31,364 | ▲ 391% |
| Suppliers440/4 | €3,186 | €25,517 | €20,328 | €6,385 | €31,364 | ▲ 391% |
| Advances received on contracts in progress46 | - | €106,613 | - | - | - | - |
| Taxes, remuneration and social security45 | €13,013 | €4,537 | €20,084 | €43,357 | €7,927 | ▼ 81.7% |
| Taxes450/3 | €13,013 | €2,958 | €17,406 | €39,978 | €2,348 | ▼ 94.1% |
| Remuneration and social security454/9 | - | €1,579 | €2,678 | €3,379 | €5,579 | ▲ 65.1% |
| Other amounts payable47/48 | €15,116 | €10,074 | €5,881 | €16,200 | €16,252 | ▲ 0.3% |
| Accrued charges and deferred income492/3 | €1,188 | - | - | - | €23,726 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,185 | €2,558 | €36,283 | €54,601 | -€155,730 | ▼ 385% |
| + Depreciation and write-downs630 | €10,457 | €11,740 | €14,227 | €13,768 | €167,065 | ▲ 1,113% |
| Operating cash flow (approximation) | €19,642 | €14,298 | €50,511 | €68,370 | €11,334 | ▼ 83.4% |
| Investment in fixed assets (approximation) | - | -€12,458 | -€8,264 | -€17,246 | €256 | ▲ 101% |
| Change in cash | - | - | -€56,389 | -€241 | -€263 | ▼ 9.0% |
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 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€155,730
Net result drops to -€155,730, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €54,601 ▲50.5%
Operating result €83,735, net result €54,601, both a record.
31-12
Financial
Equity above €100,000Eq €136,392 ▲39.2%
5 profitable years in a row build equity to €136,392.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Back to profitnet €29,461
Net result €29,461 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Brussel · 1 establishment unit since 2009
Ground area
1,574 m²
Building footprint
1,579 m²
Volume, LiDAR
46,471 m³
Parcel 21807G0135/00T003, Brussels · tallest building 46.6 m, ±13 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 251, 1050 Elsene
since 20092.178.927.331
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0135/00T003 | Brussels | 1,574 m² | 1 · 1,579 m² | 46.6 m · 13 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.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 6,128 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
Founded10-02-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0809719277
Registered
05-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.