Nico Bati Construct
ActiveNico Bati Construct has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €32k and a net result of €12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
78
/ 100
Excellent▼ -16 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency55▼-40
Growth78=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.97 in 2023), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
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 2024Solvency, return and age of the figures
Solvency
29.2%
Return on assets
11%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-12-2025, 131 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
131 d late
2023
49 d late
2022
42 d early
2021
60 d late
2020
12 d early
2019
80 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€32k▲ 59.9%
2023 · €20k
2018: €12k
2019: €11k
2020: €2k
2021: €-4k
2022: €-2k
2023: €20k
2018 → 2024
Total assets
€110k▲ 173%
2023 · €40k
2018: €95k
2019: €86k
2020: €31k
2021: €17k
2022: €321
2023: €40k
2018 → 2024
Net result
€12k▼ 44.4%
2023 · €22k
2018: €6k
2019: €-889
2020: €-9k
2021: €-6k
2022: €3k
2023: €22k
2018 → 2024
Working capital
€32k▲ 62.5%
2023 · €20k
2018: €-4k
2019: €-34k
2020: €-18k
2021: €-19k
2023: €20k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2k-€-4k€-2k▲ 61.8%€20k€32k▲ 59.9%
Operating result€-9k-€-5k▲ 40.8%€3k€30k▲ 979%€16k▼ 46.7%
Net result€-9k-€-6k▲ 31.7%€3k€22k▲ 752%€12k▼ 44.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €110k
Fixed assets
€342▼ 34.9%
Current assets
€109k▲ 176%
Equity and liabilities €110k
Equity
€32k▲ 59.9%
Debt
€78k▲ 287%
The debt ratio rises from 50.0% to 70.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€16k▼
2023 · €30k
Cash flow
€12k▼
2023 · €22k
Solvency
29.2%▼
2023 · 50.0%
Current ratio
1.41▼
2023 · 1.97
Quick ratio
1.41▼
2023 · 1.97
Debt / equity
2.42▲
2023 · 1.00
ROE
37.5%▼
2023 · 107.8%
ROA
11.0%▼
2023 · 53.9%
Interest coverage
53.40▼
2023 · 81.98
Debt
€78k▲
2023 · €20k
Debt ≤ 1 year
€78k▲
2023 · €20k
Income taxes
€6k▼
2023 · €8k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€40k€110k▲
Fixed assets21/28€525€342▼
Tangible fixed assets22/27€525€342▼
Furniture and vehicles24€525€342▼
Current assets29/58€40k€109k▲
Amounts receivable within one year40/41€36k€107k▲
Trade receivables40€28k€36k▲
Other amounts receivable41€8k€72k▲
Cash at bank and in hand54/58€3k€1k▼
Deferred charges and accrued income490/1-€479
Equity and liabilities
Total equity and liabilities10/49€40k€110k▲
Equity10/15€20k€32k▲
Contributions10/11€6k€6k=
Reserves13€291€12k▲
Non-distributable reserves130/1€291€291=
Reserves not available under the articles1311€291€291=
Distributable reserves133-€12k
Profit (loss) carried forward14€14k€14k=
Amounts payable17/49€20k€78k▲
Amounts payable within one year42/48€20k€78k▲
Trade debts44€12k€2k▼
Suppliers440/4€12k€2k▼
Advances received on contracts in progress46-€62k
Taxes, remuneration and social security45€8k€14k▲
Taxes450/3€8k€14k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€345€183▼
Other operating charges640/8€123€5k▲
Gross operating margin9900€31k€21k▼
Operating profit (loss)9901€30k€16k▼
Financial income75/76B€130€2k▲
Recurring financial income75€130€2k▲
Financial charges65/66B€371€304▼
Recurring financial charges65€371€304▼
Profit (loss) for the period before taxes9903€30k€18k▼
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€22k€12k▼
Profit (loss) for the period to be appropriated9905€22k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€26k▲
Profit (loss) brought forward from the previous period14P€-8k€14k▲
Transfer to equity691/2-€12k
To other reserves6921-€12k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 131 days late
2024
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
31-12
Financial
Highest result since 2018net €22k ▲752%
Operating result €30k, net result €22k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 86 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
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.
Ground area
369 m²
Building footprint
167 m²
Volume, LiDAR
876 m³
Parcel 23322E0103/00N000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Nico Bati Construct
since 20172.271.546.592
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322E0103/00N000 | Flanders | 369 m² | 1 · 167 m² | 10.1 m · 1 fl. |
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.
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Of 1,347 companies in sector 43110 we hold annual accounts for 620. 426 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2017
Fiscal year end31-12
Activities, NACEBEL
43110Demolition
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.