PROXY BATI WERK
InactivePROXY BATI WERK was declared bankrupt on 28-09-2021 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 05-09-2023, published in the Belgian State Gazette on 12-09-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-06-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
30-06-2021 close31-01-2022 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2020 was due by 31-01-2021 and was filed on 12-04-2021, 71 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 · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
71 d late
2019
98 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Turnover
€178k
EBIT margin
2.7%
Net result
€9k▲ 651%
2019 · €1k
2019: €1k
2019 → 2020
Working capital
€31k▲ 48.5%
2019 · €21k
2019: €21k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Turnover€178k-
Equity€22k-€31k▲ 43.2%
Operating result€5k-€9k▲ 85.7%
Net result€1k-€9k▲ 651%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2020; 2020 is 86% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €67k
Equity
€31k▲ 43.2%
Debt
€36k▲ 1.8%
The debt ratio falls from 61.9% to 53.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10k▲
2019 · €6k
Cash flow
€10k▲
2019 · €2k
Solvency
46.4%▲
2019 · 38.1%
Current ratio
1.87▲
2019 · 1.59
Quick ratio
1.87▲
2019 · 1.59
ROE
30.2%▲
2019 · 5.8%
ROA
14.0%▲
2019 · 2.2%
Debt
€36k▲
2019 · €35k
Debt ≤ 1 year
€36k▲
2019 · €35k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€57k€67k▲
Fixed assets21/28€783-
Tangible fixed assets22/27€783-
Current assets29/58€57k€67k▲
Amounts receivable within one year40/41€56k€67k▲
Cash at bank and in hand54/58€673€19▼
Equity and liabilities
Total equity and liabilities10/49€57k€67k▲
Equity10/15€22k€31k▲
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€1k€11k▲
Amounts payable17/49€35k€36k▲
Amounts payable within one year42/48€35k€36k▲
Trade debts44€27k€36k▲
Income statement
Code20192020
Turnover70€178k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€783€783=
Gross operating margin9900€6k€10k▲
Operating profit (loss)9901€5k€9k▲
Recurring financial income75-€920
Recurring financial charges65€2k€257▼
Profit (loss) for the period before taxes9903€2k€9k▲
Income taxes67/77€1k-
Profit (loss) for the period9904€1k€9k▲
Profit (loss) for the period to be appropriated9905€1k€9k▲
Timeline · acts, filings and financial milestones
2023
12-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · PROXY BATI WERK BV BERGENSESTEENWEG 421/13, 1600 SINT-PIETERS- LEEUW · event 05-09-2023
2021
04-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · PROXY BATI WERK BV BERGENSESTEENWEG 421/13, 1600 SINT-PIETERS-LEEUW · event 28-09-2021
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 71 days late
2020
08-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 99 days late
SignalNBB filing
Directors · office · real estate
Directors
8 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE SAS WOLSTRAAT 70 TWEED BUILDING,
1000 BRUSSEL 1 |
28-09-2021 → present |