BTTV
ActiveSummary
BTTV has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,439 and a net result of €15,899. Equity is growing by ~23.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-18
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 12.49 against 8.3 in 2024; short-term debt: 8% and cash: 33.9% of total assets), and 8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92%
Return on assets
13.1%
Age of the figures
9 mo
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
70 d early
2023
63 d early
2022
66 d early
2021
30 d late
2020
1 d early
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 23 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€29,964▼ 10.5%
2018 · €33,494
EBIT margin
52.3%▼ 3.8pp
2018 · 56.1%
Net result
€15,899▼ 29.5%
2024 · €22,548
Working capital
€111,439▲ 14.5%
2024 · €97,290
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€23,407▲ 164%€14,800▼ 36.8%€24,525▲ 65.7%€33,003▲ 34.6%€23,459▼ 28.9%
Net result€15,738▲ 155%€9,765▼ 38.0%€16,491▲ 68.9%€22,548▲ 36.7%€15,899▼ 29.5%
EBIT margin
Equity€53,436▲ 36.0%€61,601▲ 15.3%€76,492▲ 24.2%€97,290▲ 27.2%€111,439▲ 14.5%
Total assets€65,432▲ 49.8%€78,360▲ 19.8%€88,504▲ 12.9%€110,609▲ 25.0%€121,136▲ 9.5%
Debt€11,996▲ 175%€16,759▲ 39.7%€12,012▼ 28.3%€13,319▲ 10.9%€9,697▼ 27.2%
Working capital€53,436▲ 36.0%€61,601▲ 15.3%€76,492▲ 24.2%€97,290▲ 27.2%€111,439▲ 14.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €121,136
Equity
€111,439 ▲ 14.5%
Debt
€9,697 ▼ 27.2%
Debt's share of the balance-sheet total falls from 12.0% to 8.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
12.49▲
2024 · 8.30
Debt to equity
0.09▼
2024 · 0.14
ROE
14.3%▼
2024 · 23.2%
ROA
13.1%▼
2024 · 20.4%
Debt ≤ 1 year
€9,697▼
2024 · €13,319
Income taxes
€7,612▼
2024 · €10,675
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,662 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% | 1.7% |
| 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 75% 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 31,349 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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €348 | €430 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €23,754 | €15,230 | €24,909 | €33,390 | €23,859 | ▼ 28.5% |
| Operating profit (loss)9901 | €23,407 | €14,800 | €24,525 | €33,003 | €23,459 | ▼ 28.9% |
| Financial income75/76B | €286 | - | €218 | €332 | €405 | ▲ 22.1% |
| Recurring financial income75 | €286 | - | €218 | €332 | €405 | ▲ 22.1% |
| Financial charges65/66B | €81 | €87 | €94 | €111 | €353 | ▲ 219% |
| Recurring financial charges65 | €81 | €87 | €94 | €111 | €353 | ▲ 219% |
| Profit (loss) for the period before taxes9903 | €23,612 | €14,714 | €24,649 | €33,224 | €23,511 | ▼ 29.2% |
| Income taxes67/77 | €7,874 | €4,949 | €8,158 | €10,675 | €7,612 | ▼ 28.7% |
| Profit (loss) for the period9904 | €15,738 | €9,765 | €16,491 | €22,548 | €15,899 | ▼ 29.5% |
| Profit (loss) for the period to be appropriated9905 | €15,738 | €9,765 | €16,491 | €22,548 | €15,899 | ▼ 29.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €65,432 | €78,360 | €88,504 | €110,609 | €121,136 | ▲ 9.5% |
| Current assets29/58 | €65,432 | €78,360 | €88,504 | €110,609 | €121,136 | ▲ 9.5% |
| Amounts receivable within one year40/41 | - | €51 | €51 | €708 | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | €708 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €51 | €51 | €0 | - | - |
| Current investments50/53 | - | - | - | €80,000 | €80,000 | = |
| Cash at bank and in hand54/58 | €65,324 | €78,309 | €88,263 | €29,776 | €41,017 | ▲ 37.8% |
| Deferred charges and accrued income490/1 | €109 | - | €189 | €125 | €119 | ▼ 4.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €65,432 | €78,360 | €88,504 | €110,609 | €121,136 | ▲ 9.5% |
| Equity10/15 | €53,436 | €61,601 | €76,492 | €97,290 | €111,439 | ▲ 14.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €33,508 | €43,273 | €59,763 | €82,312 | €98,210 | ▲ 19.3% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | €31,508 | €41,273 | €57,763 | €80,312 | €96,210 | ▲ 19.8% |
| Profit (loss) carried forward14 | €13,729 | €12,129 | €10,529 | €8,779 | €7,029 | ▼ 19.9% |
| Amounts payable17/49 | €11,996 | €16,759 | €12,012 | €13,319 | €9,697 | ▼ 27.2% |
| Amounts payable within one year42/48 | €11,996 | €16,759 | €12,012 | €13,319 | €9,697 | ▼ 27.2% |
| Trade debts44 | €156 | €248 | €0 | - | €443 | - |
| Suppliers440/4 | €156 | €248 | €0 | - | €443 | - |
| Taxes, remuneration and social security45 | €2,874 | €2,874 | €3,158 | €6,234 | €3,188 | ▼ 48.9% |
| Taxes450/3 | €2,874 | €2,874 | €3,158 | €6,234 | €3,188 | ▼ 48.9% |
| Other amounts payable47/48 | €8,966 | €13,637 | €8,854 | €7,085 | €6,066 | ▼ 14.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,738 | €9,765 | €16,491 | €22,548 | €15,899 | ▼ 29.5% |
| Operating cash flow (approximation) | €15,738 | €9,765 | €16,491 | €22,548 | €15,899 | ▼ 29.5% |
| Change in cash | - | €12,985 | €9,955 | -€58,487 | €11,241 | ▲ 119% |
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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100,000Eq €111,439 ▲14.5%
8 profitable years in a row build equity to €111,439.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €22,548 ▲36.7%
Operating result €33,003, net result €22,548, both a record.
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €6,183 ▼35.5%
Net result drops to €6,183, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
31-12
Financial
Liquidity times 8current ratio 15.01
Current ratio from 1.80 to 15.01; short-term debt falls from €32,844 to €2,511.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Aarschot · 1 establishment unit since 2000
Ground area
1,445 m²
Building footprint
162 m²
Volume, LiDAR
805 m³
Parcel 24652G0314/00P000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
THUISVERPLEGING TIELEMANS BERNADETTE
since 20002.097.371.414
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24652G0314/00P000 | Flanders | 1,445 m² | 1 · 162 m² | 8.1 m · 2 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-04-2000
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471743761
Also
9925:BE0471743761
Registered
09-10-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.