BATIVAS
ActiveSummary
The computed 12-month bankruptcy probability of BATIVAS is 4.2% (elevated). The 2024 annual accounts show equity of €25k and a net result of €4k. Equity is growing by ~39.3% per year across the filed fiscal years. Its solvency ranks better than 84% of 36375 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▼-5
Solvency100▲+2
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity ample (current ratio 4.57 against 3.45 in 2023; short-term debt: 21.7% and cash: 9.9% of total assets), and 21.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
78.3%
Return on assets
11.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
44 d early
2022
26 d early
2021
39 d early
2020
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€110k▲ 30.6%
2022 · €84k
2021: €69k
2022: €84k
2021 → 2023
EBIT margin
9.7%▲ 1.0pp
2022 · 8.7%
2021: 1.5%
2022: 8.7%
2021 → 2023
Net result
€4k▼ 53.4%
2023 · €8k
2020: €4k
2021: €689
2022: €6k
2023: €8k
2020 → 2024
Working capital
€25k▲ 25.3%
2023 · €20k
2020: €7k
2021: €4k
2022: €10k
2023: €20k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€69k€84k▲ 22.1%€110k▲ 30.6%
Equity€7k-€8k▲ 9.8%€13k▲ 73.7%€22k▲ 61.2%€25k▲ 17.7%
Operating result€5k-€1k▼ 77.4%€7k▲ 599%€11k▲ 46.2%€5k▼ 52.0%
Net result€4k-€689▼ 82.8%€6k▲ 724%€8k▲ 44.3%€4k▼ 53.4%
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 52% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €32k
Fixed assets
€292 ▼ 81.0%
Current assets
€32k ▲ 13.9%
Equity and liabilities €32k
Equity
€25k ▲ 17.7%
Debt
€7k ▼ 14.1%
Debt's share of the balance-sheet total falls from 27.5% to 21.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6k▼
2023 · €12k
Cash flow
€5k▼
2023 · €10k
Current ratio
4.57▲
2023 · 3.45
Debt to equity
0.28▼
2023 · 0.38
ROE
15.0%▼
2023 · 38.0%
ROA
11.8%▼
2023 · 27.5%
Interest coverage
29.42▼
2023 · 58.42
Debt ≤ 1 year
€7k▼
2023 · €8k
Income taxes
€1k▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€30k€32k▲
Fixed assets21/28€2k€292▼
Tangible fixed assets22/27€1k€95▼
Plant, machinery and equipment23€302€95▼
Furniture and vehicles24€1k-
Financial fixed assets28€197€197=
Current assets29/58€28k€32k▲
Amounts receivable within one year40/41€28k€29k▲
Trade receivables40€19k€19k▼
Other amounts receivable41€9k€10k▲
Cash at bank and in hand54/58€107€3k▲
Equity and liabilities
Total equity and liabilities10/49€30k€32k▲
Equity10/15€22k€25k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€19k€22k▲
Amounts payable17/49€8k€7k▼
Amounts payable within one year42/48€8k€7k▼
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Income statement
Code20232024
Turnover70€110k-
Goods, raw materials, services and sundry goods60/61€97k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€100€72▼
Gross operating margin9900€12k€6k▼
Operating profit (loss)9901€11k€5k▼
Financial income75/76B€1€4▲
Recurring financial income75€1€4▲
Financial charges65/66B€207€216▲
Recurring financial charges65€207€216▲
Profit (loss) for the period before taxes9903€10k€5k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€8k€4k▼
Profit (loss) for the period to be appropriated9905€8k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€22k▲
Profit (loss) brought forward from the previous period14P€10k€19k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €8k ▲44.3%
Operating result €11k, net result €8k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 2.63
Current ratio from 1.19 to 2.63; short-term debt falls from €21k to €6k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €689 ▼82.8%
Net result drops to €689, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Schaarbeek · 1 establishment unit since 2019
Ground area
104 m²
Building footprint
95 m²
Volume, LiDAR
1,154 m³
Parcel 21906D0085/00A003, Brussels · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BATIVAS
since 20192.296.744.818
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0085/00A003 | Brussels | 104 m² | 1 · 94 m² | 17.3 m · 4 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 15,529 companies in sector 43990 we hold annual accounts for 7,420. 5,502 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43350Other building finishing work
46839Wholesale trade
47529Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.