BY BATU
ActiveBY BATU has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €-23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 75% of 976 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-92
Solvency92▲+3
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.49 against 1.2 in 2024; short-term debt: 32.9% and cash: 2.4% of total assets), and 32.9% 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.
+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 42
Relative position
BE, all sectors
reference
Sector 42
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 2025Solvency, return and age of the figures
Solvency
67.1%
Return on assets
-30.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
31 d late
2022
31 d early
2021
239 d late
2020
31 d late
2019
26 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€49k▼ 61.0%
2019 · €126k
2018: €161k
2019: €126k
2018 → 2020
EBIT margin
-54.0%▼ 58.4pp
2019 · 4.4%
2018: 5.4%
2019: 4.4%
2018 → 2020
Net result
€-23k
2024 · €21k
2018: €6k
2019: €3k
2020: €-27k
2021: €3k
2022: €4k
2023: €44k
2024: €21k
2018 → 2025
Working capital
€-13k
2024 · €8k
2018: €14k
2019: €20k
2020: €4k
2021: €-6k
2022: €-6k
2023: €2k
2024: €8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€8k▲ 108%€53k▲ 549%€73k▲ 39.4%€50k▼ 31.2%
Operating result€4k-€5k▲ 13.5%€58k▲ 1,093%€29k▼ 50.3%€-24k
Net result€3k-€4k▲ 27.8%€44k▲ 959%€21k▼ 53.4%€-23k
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 €24k after €29k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€63k▼ 3.7%
Current assets
€12k▼ 74.9%
Equity and liabilities €75k
Equity
€50k▼ 31.2%
Debt
€25k▼ 39.0%
The debt ratio falls from 35.6% to 32.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-15k▼
2024 · €40k
Cash flow
€-14k▼
2024 · €32k
Solvency
67.1%▲
2024 · 64.4%
Current ratio
0.49▼
2024 · 1.20
Quick ratio
0.49▼
2024 · 1.20
Debt / equity
0.49▼
2024 · 0.55
ROE
-45.4%▼
2024 · 28.3%
ROA
-30.5%▼
2024 · 18.2%
Interest coverage
-23.96▼
2024 · 122.70
Debt
€25k▼
2024 · €41k
Debt ≤ 1 year
€25k▼
2024 · €41k
Staff costs
€33▼
2024 · €826
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€114k€75k▼
Fixed assets21/28€65k€63k▼
Tangible fixed assets22/27€55k€53k▼
Land and buildings22€19k€17k▼
Plant, machinery and equipment23€2k€9k▲
Furniture and vehicles24€34k€27k▼
Financial fixed assets28€10k€10k=
Current assets29/58€48k€12k▼
Amounts receivable within one year40/41€44k€10k▼
Trade receivables40€5k-
Other amounts receivable41€38k€10k▼
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€114k€75k▼
Equity10/15€73k€50k▼
Contributions10/11€19k€19k=
Reserves13€55k€55k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€53k€53k=
Profit (loss) carried forward14-€-23k
Amounts payable17/49€41k€25k▼
Amounts payable within one year42/48€41k€25k▼
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€39k€21k▼
Taxes450/3€31k€21k▼
Remuneration and social security454/9€8k-
Income statement
Code20242025
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€826€33▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€9k▼
Other operating charges640/8€275€179▼
Non-recurring operating charges66A-€19k
Gross operating margin9900€41k€4k▼
Operating profit (loss)9901€29k€-24k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€327€623▲
Recurring financial charges65€327€623▲
Profit (loss) for the period before taxes9903€29k€-23k▼
Income taxes67/77€9k-
Profit (loss) for the period9904€21k€-23k▼
Profit (loss) for the period to be appropriated9905€21k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€-23k▼
Transfer to equity691/2€21k-
To other reserves6921€21k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
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
31-12
Financial
Highest result since 2018net €44k ▲959%
Operating result €58k, net result €44k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
27-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 239 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-27k ▼1007%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Diest · 1 establishment unit since 2017
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.
Diestsebaan 473290 DiestGround area
326 m²
Building footprint
138 m²
Parcel 24097O0286/00R000, Flanders. Linked by address, not a title deed.
1 establishment unit
BY BATU
since 20172.266.871.885
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24097O0286/00R000 | Flanders | 326 m² | 1 · 138 m² | - |
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.
Similar companies · same sector, comparable size
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AMB Consulting
BE 1005.635.226
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KEYA Technics
BE 0780.669.856
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Of 1,823 companies in sector 42220 we hold annual accounts for 958. 686 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2017
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.