FT BATI-CONSTRUCT
ActiveSummary
FT BATI-CONSTRUCT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,699 and a net result of -€6,028. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 68% of 28051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability5▼-79
Solvency88▲+1
Growth36▼-10
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.9 against 3.4 in 2024; short-term debt: 19.5% and cash: 24.8% of total assets), and 36.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five 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
63.1%
Return on assets
-25.9%
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
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
28 d late
2023
26 d late
2022
7 d early
2021
22 d late
2020
30 d late
2019
49 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 20 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
26-09-2026 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 simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€124,883▲ 17.0%
2024 · €106,721
EBIT margin
-4.3%▼ 11.8pp
2024 · 7.5%
Net result
-€6,028
2024 · €7,239
Working capital
€8,639▼ 39.9%
2024 · €14,368
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€113,289€107,285▼ 5.3%€106,721▼ 0.5%€124,883▲ 17.0%
Operating result-€20,645€10,025€7,805▼ 22.1%€8,026▲ 2.8%-€5,391
Net result-€21,003€9,603€7,419▼ 22.7%€7,239▼ 2.4%-€6,028
EBIT margin8.8%7.3%▼ 1.6pp7.5%▲ 0.2pp-4.3%▼ 11.8pp
Equity-€3,534€6,069€13,488▲ 122%€20,727▲ 53.7%€14,699▼ 29.1%
Total assets€8,488▼ 55.1%€9,581▲ 12.9%€17,711▲ 84.9%€33,546▲ 89.4%€23,287▼ 30.6%
Debt€12,022▲ 749%€3,512▼ 70.8%€4,222▲ 20.2%€12,819▲ 204%€8,588▼ 33.0%
Working capital-€4,410€5,592€8,033▲ 43.7%€14,368▲ 78.9%€8,639▼ 39.9%
Staff (FTE)
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,391 after €8,026 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23,287
Fixed assets
€10,103 ▼ 23.4%
Current assets
€13,184 ▼ 35.2%
Equity and liabilities €23,287
Equity
€14,699 ▼ 29.1%
Debt
€8,588 ▼ 33.0%
Debt's share of the balance-sheet total falls from 38.2% to 36.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,979▼
2024 · €10,764
Cash flow
-€2,616▼
2024 · €9,977
Current ratio
2.90▼
2024 · 3.40
Debt to equity
0.58▼
2024 · 0.62
ROE
-41.0%▼
2024 · 34.9%
ROA
-25.9%▼
2024 · 21.6%
Interest coverage
-2.65▼
2024 · 12.54
Debt ≤ 1 year
€4,545▼
2024 · €5,992
Debt > 1 year
€3,946▼
2024 · €6,731
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €113,289 | €107,285 | €106,721 | €124,883 | ▲ 17.0% |
| Goods, raw materials, services and sundry goods60/61 | - | €102,585 | €97,955 | €93,718 | €126,552 | ▲ 35.0% |
| Remuneration, social security and pensions62 | - | - | €446 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,236 | €284 | €554 | €2,738 | €3,412 | ▲ 24.6% |
| Other operating charges640/8 | €293 | €395 | €526 | €2,239 | €311 | ▼ 86.1% |
| Gross operating margin9900 | -€19,116 | €10,704 | €9,330 | €13,003 | -€1,668 | ▼ 113% |
| Operating profit (loss)9901 | -€20,645 | €10,025 | €7,805 | €8,026 | -€5,391 | ▼ 167% |
| Financial income75/76B | €3 | - | €114 | €71 | €109 | ▲ 53.0% |
| Recurring financial income75 | €3 | - | €114 | €71 | €109 | ▲ 53.0% |
| Financial charges65/66B | €361 | €422 | €500 | €858 | €746 | ▼ 13.1% |
| Recurring financial charges65 | €361 | €422 | €500 | €858 | €746 | ▼ 13.1% |
| Profit (loss) for the period before taxes9903 | -€21,003 | €9,603 | €7,419 | €7,239 | -€6,028 | ▼ 183% |
| Profit (loss) for the period9904 | -€21,003 | €9,603 | €7,419 | €7,239 | -€6,028 | ▼ 183% |
| Profit (loss) for the period to be appropriated9905 | -€21,003 | €9,603 | €7,419 | €7,239 | -€6,028 | ▼ 183% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8,488 | €9,581 | €17,711 | €33,546 | €23,287 | ▼ 30.6% |
| Fixed assets21/28 | €982 | €698 | €5,549 | €13,186 | €10,103 | ▼ 23.4% |
| Tangible fixed assets22/27 | €982 | €698 | €5,549 | €13,186 | €10,103 | ▼ 23.4% |
| Plant, machinery and equipment23 | €396 | €284 | €172 | €435 | €561 | ▲ 28.9% |
| Furniture and vehicles24 | €586 | €414 | €5,377 | €12,751 | €9,542 | ▼ 25.2% |
| Current assets29/58 | €7,506 | €8,883 | €12,162 | €20,360 | €13,184 | ▼ 35.2% |
| Amounts receivable within one year40/41 | €6,682 | €6,175 | €4,489 | €12,649 | €6,367 | ▼ 49.7% |
| Trade receivables40 | €4,843 | €2,203 | €1,559 | €7,673 | €1,617 | ▼ 78.9% |
| Other amounts receivable41 | €1,839 | €3,972 | €2,929 | €4,975 | €4,750 | ▼ 4.5% |
| Cash at bank and in hand54/58 | €763 | €2,201 | €7,401 | €6,051 | €5,784 | ▼ 4.4% |
| Deferred charges and accrued income490/1 | €61 | €507 | €272 | €1,661 | €1,033 | ▼ 37.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8,488 | €9,581 | €17,711 | €33,546 | €23,287 | ▼ 30.6% |
| Equity10/15 | -€3,534 | €6,069 | €13,488 | €20,727 | €14,699 | ▼ 29.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Other1319 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€11,594 | -€1,991 | €5,428 | €12,667 | €6,639 | ▼ 47.6% |
| Amounts payable17/49 | €12,022 | €3,512 | €4,222 | €12,819 | €8,588 | ▼ 33.0% |
| Amounts payable after more than one year17 | - | - | - | €6,731 | €3,946 | ▼ 41.4% |
| Financial debts170/4 | - | - | - | €6,731 | €3,946 | ▼ 41.4% |
| Amounts payable within one year42/48 | €11,916 | €3,291 | €4,128 | €5,992 | €4,545 | ▼ 24.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2,785 | €2,785 | = |
| Financial debts43 | €2,199 | - | - | - | - | - |
| Credit institutions430/8 | €2,199 | - | - | - | - | - |
| Trade debts44 | €4,112 | €3,291 | €4,030 | €3,207 | €1,759 | ▼ 45.1% |
| Suppliers440/4 | €4,112 | €3,291 | €4,030 | €3,207 | €1,759 | ▼ 45.1% |
| Taxes, remuneration and social security45 | - | - | - | - | €0 | - |
| Taxes450/3 | - | - | - | - | €0 | - |
| Other amounts payable47/48 | €5,605 | - | €99 | - | - | - |
| Accrued charges and deferred income492/3 | €106 | €221 | €94 | €96 | €97 | ▲ 1.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,003 | €9,603 | €7,419 | €7,239 | -€6,028 | ▼ 183% |
| + Depreciation and write-downs630 | €1,236 | €284 | €554 | €2,738 | €3,412 | ▲ 24.6% |
| Operating cash flow (approximation) | -€19,767 | €9,887 | €7,973 | €9,977 | -€2,616 | ▼ 126% |
| Investment in fixed assets (approximation) | - | €0 | -€5,405 | -€10,375 | -€329 | ▲ 96.8% |
| Change in cash | - | €1,438 | €5,200 | -€1,350 | -€266 | ▲ 80.3% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €9,603
Net result €9,603 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.70
Current ratio from 0.63 to 2.70; short-term debt falls from €11,916 to €3,291.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
31-12
Financial
Weakest financial yearnet -€21,003
Net result drops to -€21,003, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Back to profitnet €8,410
Net result €8,410 after 2 loss-making years.
31-12
Financial
Liquidity times 6current ratio 12.69
Current ratio from 2.21 to 12.69; short-term debt falls from €5,768 to €1,313.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 49 days late
Show earlier events
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 7 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Morlanwelz · 1 establishment unit since 2012
Ground area
838 m²
Building footprint
105 m²
Volume, LiDAR
977 m³
2 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Haute 6, 7160 Chapelle-lez-Herlaimont
since 20122.207.227.377
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56057A0015/00H003 | Wallonia | 699 m² | 1 · 55 m² | 10.3 m · 3 fl. |
| 52010A0730/00L000 | Wallonia | 139 m² | 1 · 50 m² | 11.3 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
GERLE
BE 0719.666.655
Brecht · Eq €14,682
PV dak service
BE 1017.964.817
Zoersel · Eq €14,680
Dakservice
BE 0475.960.489
Hasselt · Eq €14,674
PETER LONGEVAL
BE 0881.775.233
Deinze · Eq €14,664
Fixley Montage
BE 0769.375.987
Kinrooi · Eq €14,755
Of 11,141 companies in sector 43910 we hold annual accounts for 5,491. 3,520 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
Founded16-02-2012
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43910Bricklaying and masonry work
43310Plastering work
43341Painting of buildings
43422Screed work
Scores and ratios are computed by Checked and are not a credit decision.