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Les Batons

Active
Public limited companyfounded 199234 yrs activeFranz Merjaystraat 158, 1050 Elsene, BelgiumKBO/BCE: BE 0446.524.157
Summary

Les Batons has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €146,551 and a net result of €275. Equity remains stable across the filed fiscal years (±0.6% per year). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability69▲+2
Solvency89▲+7
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
short-term debt: 0.3% and cash: 26.3% of total assets, and 35.9% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
64.1%
Return on assets
0.1%
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
1 d early
2023
20 d early
2022
21 d early
2021
23 d early
2020
5 d early
2019
41 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 5 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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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 6 February 1992, Les Batons was incorporated.1 Total assets went from EUR 159,360 in 2018 to EUR 228,577 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€275
2024 · -€4,386
Working capital
€164,860▼ 6.8%
2024 · €176,956
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
Operating result€631▼ 86.4%-€2,547-€957▲ 62.4%-€4,321▼ 351%€331
Net result€47▼ 98.4%-€2,630-€979▲ 62.8%-€4,386▼ 348%€275
Equity€154,271=€151,641▼ 1.7%€150,662▼ 0.6%€146,276▼ 2.9%€146,551▲ 0.2%
Total assets€212,301▲ 18.5%€170,083▼ 19.9%€194,755▲ 14.5%€254,923▲ 30.9%€228,577▼ 10.3%
Debt€58,030▲ 133%€18,443▼ 68.2%€44,093▲ 139%€108,647▲ 146%€82,026▼ 24.5%
Working capital€120,643▲ 49.3%€79,465▼ 34.1%€117,861▲ 48.3%€176,956▲ 50.1%€164,860▼ 6.8%
Staff (FTE)00
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2021: €631€631Net result 2021: €47€47Operating result 2022: -€2,547-€2,547Net result 2022: -€2,630-€2,630Operating result 2023: -€957-€957Net result 2023: -€979-€979Operating result 2024: -€4,321-€4,321Net result 2024: -€4,386-€4,386Operating result 2025: €331€331Net result 2025: €275€27520212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€957-€957Net result 2023: -€979-€979Operating result 2024: -€4,321-€4,320Net result 2024: -€4,386-€4,390Operating result 2025: €331€331Net result 2025: €275€275202320242025
The operating result returns to profit in 2025: €331 after a loss of €4,321 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228,577
Fixed assets €63,132 ▼ 8.8%
Current assets €165,445 ▼ 10.9%
Equity and liabilities €228,577
Equity €146,551 ▲ 0.2%
Debt €82,026 ▼ 24.5%
Debt's share of the balance-sheet total falls from 42.6% to 35.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,735▲
2024 · €7,998
Cash flow
€10,679▲
2024 · €7,933
Debt to equity
0.56▼
2024 · 0.74
ROE
0.2%▲
2024 · -3.0%
ROA
0.1%▲
2024 · -1.7%
Interest coverage
120.73▲
2024 · 91.49
Debt ≤ 1 year
€586▼
2024 · €8,750
Debt > 1 year
€3,600=
2024 · €3,600
A ratio outside any meaningful range has been withheld (balance sheet total €228,577, equity €146,551).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 16,986 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 · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€254,923€228,577▼
Fixed assets21/28€69,218€63,132▼
Tangible fixed assets22/27€69,218€63,132▼
Land and buildings22€30,445€29,525▼
Plant, machinery and equipment23€29,192€25,097▼
Furniture and vehicles24€6,881€5,809▼
Other tangible fixed assets26€2,700€2,700=
Current assets29/58€185,706€165,445▼
Amounts receivable within one year40/41€20,025€20,356▲
Other amounts receivable41€20,025€20,356▲
Current investments50/53€103,162€84,704▼
Cash at bank and in hand54/58€62,302€60,168▼
Deferred charges and accrued income490/1€217€218▲
Equity and liabilities
Total equity and liabilities10/49€254,923€228,577▼
Equity10/15€146,276€146,551▲
Contributions10/11€99,579€99,579=
Capital10€99,579€99,579=
Issued capital100€148,739€148,739=
Uncalled capital101€49,160€49,160=
Reserves13€14,874€14,874=
Non-distributable reserves130/1€14,874€14,874=
Legal reserve130€14,874€14,874=
Profit (loss) carried forward14€31,823€32,099▲
Amounts payable17/49€108,647€82,026▼
Amounts payable after more than one year17€3,600€3,600=
Other amounts payable178/9€3,600€3,600=
Amounts payable within one year42/48€8,750€586▼
Trade debts44€8,513€586▼
Suppliers440/4€8,513€586▼
Other amounts payable47/48€237€0▼
Accrued charges and deferred income492/3€96,298€77,840▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,319€10,404▼
Other operating charges640/8€3,182€3,282▲
Non-recurring operating charges66A€1,516€0▼
Gross operating margin9900€12,695€14,017▲
Operating profit (loss)9901-€4,321€331▲
Financial income75/76B€23€33▲
Recurring financial income75€23€33▲
Financial charges65/66B€87€89▲
Recurring financial charges65€87€89▲
Profit (loss) for the period before taxes9903-€4,386€275▲
Profit (loss) for the period9904-€4,386€275▲
Profit (loss) for the period to be appropriated9905-€4,386€275▲
Appropriation of the result
Profit (loss) to be appropriated9906€31,823€32,099▲
Profit (loss) brought forward from the previous period14P€36,209€31,823▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,815€14,135€14,804€12,319€10,404▼ 15.5%
Other operating charges640/8€2,202€2,432€2,770€3,182€3,282▲ 3.2%
Non-recurring operating charges66A---€1,516€0▼ 100%
Gross operating margin9900€16,648€14,020€16,617€12,695€14,017▲ 10.4%
Operating profit (loss)9901€631-€2,547-€957-€4,321€331▲ 108%
Financial income75/76B-€0€61€23€33▲ 45.3%
Recurring financial income75-€0€61€23€33▲ 45.3%
Financial charges65/66B€576€83€83€87€89▲ 1.7%
Recurring financial charges65€576€83€83€87€89▲ 1.7%
Profit (loss) for the period before taxes9903€54-€2,630-€979-€4,386€275▲ 106%
Income taxes67/77€8€0----
Profit (loss) for the period9904€47-€2,630-€979-€4,386€275▲ 106%
Profit (loss) for the period to be appropriated9905€47-€2,630-€979-€4,386€275▲ 106%
Line20212022202320242025Change
Assets
Total assets20/58€212,301€170,083€194,755€254,923€228,577▼ 10.3%
Fixed assets21/28€91,401€89,578€76,440€69,218€63,132▼ 8.8%
Tangible fixed assets22/27€91,401€89,578€76,440€69,218€63,132▼ 8.8%
Land and buildings22€39,639€36,574€33,510€30,445€29,525▼ 3.0%
Plant, machinery and equipment23€43,230€44,858€37,374€29,192€25,097▼ 14.0%
Furniture and vehicles24€5,832€5,445€2,857€6,881€5,809▼ 15.6%
Other tangible fixed assets26€2,700€2,700€2,700€2,700€2,700=
Current assets29/58€120,900€80,506€118,315€185,706€165,445▼ 10.9%
Amounts receivable within one year40/41€437€504€40,522€20,025€20,356▲ 1.7%
Other amounts receivable41€437€504€40,522€20,025€20,356▲ 1.7%
Current investments50/53€61,037€19,966€46,204€103,162€84,704▼ 17.9%
Cash at bank and in hand54/58€59,256€59,334€31,386€62,302€60,168▼ 3.4%
Deferred charges and accrued income490/1€170€701€203€217€218▲ 0.5%
Equity and liabilities
Total equity and liabilities10/49€212,301€170,083€194,755€254,923€228,577▼ 10.3%
Equity10/15€154,271€151,641€150,662€146,276€146,551▲ 0.2%
Contributions10/11€99,579€99,579€99,579€99,579€99,579=
Capital10€99,579€99,579€99,579€99,579€99,579=
Issued capital100€148,739€148,739€148,739€148,739€148,739=
Uncalled capital101€49,160€49,160€49,160€49,160€49,160=
Reserves13€14,874€14,874€14,874€14,874€14,874=
Non-distributable reserves130/1€14,874€14,874€14,874€14,874€14,874=
Legal reserve130€14,874€14,874€14,874€14,874€14,874=
Profit (loss) carried forward14€39,818€37,188€36,209€31,823€32,099▲ 0.9%
Amounts payable17/49€58,030€18,443€44,093€108,647€82,026▼ 24.5%
Amounts payable after more than one year17€3,600€3,600€3,600€3,600€3,600=
Other amounts payable178/9€3,600€3,600€3,600€3,600€3,600=
Amounts payable within one year42/48€257€1,041€454€8,750€586▼ 93.3%
Trade debts44€245€1,041€454€8,513€586▼ 93.1%
Suppliers440/4€245€1,041€454€8,513€586▼ 93.1%
Taxes, remuneration and social security45€12€0----
Taxes450/3€12€0----
Other amounts payable47/48---€237€0▼ 100%
Accrued charges and deferred income492/3€54,173€13,802€40,040€96,298€77,840▼ 19.2%
Line20212022202320242025Change
Profit (loss) for the period9904€47-€2,630-€979-€4,386€275▲ 106%
+ Depreciation and write-downs630€13,815€14,135€14,804€12,319€10,404▼ 15.5%
Operating cash flow (approximation)€13,862€11,505€13,825€7,933€10,679▲ 34.6%
Investment in fixed assets (approximation)--€12,312-€1,667-€5,096-€4,318▲ 15.3%
Change in cash-€79-€27,948€30,916-€2,134▼ 107%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
State Gazette act Statutes amendment
Capital · Registered office clause4 facts ▸
  • General meeting, 22-07-2026
  • Statutes amendment
  • Capital, €148.738,7
  • Registered office clause, Ixelles, Bruxelles
27-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €275
Net result €275 after 3 loss-making years.
31-12
Financial Liquidity times 13current ratio 282.47
Current ratio from 21.22 to 282.47; short-term debt falls from €8,750 to €586.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet -€4,386
Net result drops to -€4,386, the lowest in the series; recovery starts the following year.
11-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Liquidity triplescurrent ratio 260.87
Current ratio from 77.37 to 260.87; short-term debt falls from €1,041 to €454.
10-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
08-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Liquidity times 21current ratio 470.45
Current ratio from 21.90 to 470.45; short-term debt falls from €3,865 to €257.
26-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
10-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 41 days late
2019
31-12
Financial Highest result since 2018net €4,294 ▲119%
Operating result €5,620, net result €4,294, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 31.09
Current ratio from 7.93 to 31.09; short-term debt falls from €8,682 to €2,169.
31-12
Financial Equity above €150,000Eq €151,372 ▲2.9%
2 profitable years in a row build equity to €151,372.
27-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
243 m²
Building footprint
98 m²
Volume, LiDAR
1,374 m³
Parcel 21447B0489/00N002, Brussels · tallest building 24.6 m, ±5 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
LES BATONS
Franz Merjaystraat 158, 1050 ElseneNACE 70201
since 19922.056.310.918
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0489/00N002 Brussels 243 m² 1 · 97 m² 24.6 m · 5 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.

Articles of association

Who signs
“Article 17: Représentation de la société Tous les actes qui engagent la société, en justice et dans tous les actes, sont valables s’ils sont signés : • soit par deux administrateurs, agissant conjointement ; • soit, dans les limites de la gestion journalière, par la ou les personnes chargées de la…”
Full text

Article 17: Représentation de la société Tous les actes qui engagent la société, en justice et dans tous les actes, sont valables s’ils sont signés : • soit par deux administrateurs, agissant conjointement ; • soit, dans les limites de la gestion journalière, par la ou les personnes chargées de la gestion journalière, agissant individuellement ou conjointement conformément à l’article 16 des statuts ; • soit par des mandataires spéciaux, dans les limites de leur mandat. Les alinéas précédents ne portent pas préjudice au pouvoir de représentation générale du conseil d’ administration agissant en tant que collège.

Daily management
The board decides whether the delegates act alone or jointly
Annual meeting
First Tuesday of May at 18:00
Purpose
Faire toutes opérations se rapportant à la gestion et à la mise en valeur d’un patrimoine immobilier, celui-ci pouvant comporter la vente ou l’échange des immeubles du patrimoine…
Full purpose

Faire toutes opérations se rapportant à la gestion et à la mise en valeur d’un patrimoine immobilier, celui-ci pouvant comporter la vente ou l’échange des immeubles du patrimoine et l’acquisition en remploi d’autres immeubles pour la poursuite de la gestion de ce patrimoine immobilier

Legal form clause
Registered office clause
Région de Bruxelles-Capitale, par simple décision du conseil d’administration en tout endroit de la Région de Bruxelles-Capitale ou de la région de langue franç…
Share issue rule
Article 6. Appels de fonds
Share class
Nominatives, tout actionnaire peut prendre connaissance du registre
Article 8. Nature des autres titres
En cas de démembrement du droit de propriété d’une action en usufruit et nue-propriété, les droits y afférents sont exercés par l’usufruitier, sauf disposition…
Board rule
Six ans au plus, le mandat des administrateurs sortants qui ne sont pas réélus cesse immédiatement après l’assemblée générale qui a procédé à la réélection
Le conseil d’administration élit parmi ses membres un président, en cas d’empêchement du président, il est remplacé par un autre administrateur désigné par ses…
Les réunions sont tenues soit physiquement au lieu prévu dans la convocation, soit à distance au moyen d’une téléconférence ou vidéoconférence ou à l’aide d’un…
Tout administrateur peut donner mandat à un de ses collègues pour le représenter à une réunion déterminée et pour y voter en ses lieu et place, par écrit ou par…
Accomplir tous les actes nécessaires ou utiles à la réalisation de l'objet de la société, pouvoirs du conseil d'administration
Rémunération des administrateurs, sauf décision contraire de l'assemblée générale
Other statement
Procès-verbaux du conseil d'administration, signées par les personnes ayant le pouvoir de représenter la société envers les tiers
Composition du bureau de l'assemblée générale, le président du conseil d'administration, ou en son absence, par un autre administrateur désigné par ses collègue…
Délibération sur des points hors ordre du jour, tous les actionnaires sont présents et décident à l'unanimité de délibérer sur des sujets nouveaux
Toute assemblée générale, annuelle ou extraordinaire, même s'il ne s'agit pas de statuer sur les comptes annuels, prorogation de l'assemblée générale
Paiement des dividendes et acomptes sur dividendes, le paiement des dividendes se fait à l'époque et aux endroits désignés par le conseil d'administration
Article 31. Litiges
Cette disposition s'applique par analogie en cas de décès d'un titulaire de titres, élection de domicile
Application du Code des sociétés et des associations, les clauses contraires aux dispositions impératives du Code sont réputées non écrites
2 more provisions on this in the deed
Auditor rule
Contrôle de la situation financière, des comptes annuels et de la régularité des opérations à constater dans les comptes annuels, nomination d'un ou plusieurs c…
Meeting access
Admission à l'assemblée générale, le titulaire de titres nominatifs doit être inscrit en cette qualité dans le registre des titres nominatifs relatif à sa catég…
Proxy rule
Représentation à l'assemblée générale, une procuration octroyée reste valable pour chaque assemblée générale suivante dans la mesure où il y est traité des même…
Voting rule
Droit de vote, les décisions sont prises à la majorité des voix, quel que soit le nombre de titres représentés à l'assemblée générale
Profit allocation
Cette obligation prend fin lorsque le fonds de réserve atteint un-dixième du capital, l'obligation renaît si la réserve légale est entamée, jusqu'à ce que le fo…
Liquidation rule
Mode de liquidation, les biens qui subsistent en nature sont répartis de la même façon

Structure & network

Owners and holdings

1 owner

Chain of control

  1. CLIPEX 100%
  2. GRIPEX INVEST 99%
  3. Les Batons

Highest known parent: CLIPEX. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Capital and shareholders

Capital over the years
  1. 29-07-2026 Capital stated in the act · 148,738.70 EUR · 600 shares

Recognitions · licences · registrations

Legal Entity Identifier

648800UCQEOE5ITA9N50
live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded06-02-1992
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0446524157
Also 9925:BE0446524157
Registered 12-12-2025

Register as of 27 September 2026 · Peppol Directory

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