ACTIVE

BATI-SPY

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Financial year 2025 · closed on 31/12/2025

Net result

4,8 k €

-69.6% YoY

Gross margin

35,2 k €

-22.4% YoY

Equity

222,3 k €

+2.2% YoY

What does BATI-SPY do?

BATI-SPY is a Private limited company incorporated in 1986. Its main activity is: Activities of head offices; management consultancy activities. Its registered office is in Jette.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.482.256

Incorporation

28/01/1986

Legal form

Private limited company

Registered office

Rue Aloïs Verstraeten 10 box 1
1090 Jette · BruxellesSee on map

Contributed capital

27 280,00 €

Latest accounts

31/12/2025

Activities (NACE)

70322Activities of head offices; management consultancy activities· main 81100Combined facilities support activities 81100Combined facilities support activities

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	35,2 k €	-22.4%	45,4 k €	-28.1%	63,1 k €	+59.8%	39,5 k €	-16.0%	47 k €	-8.7%	51,5 k €	+56.2%	33 k €	-35.4%	51,1 k €	+18.5%	43,1 k €	-5.4%	45,6 k €	-7.7%	49,4 k €	+19.9%	41,2 k €	+175%	15 k €	-28.4%	20,9 k €	+1.0%	20,7 k €	+13.1%	18,3 k €	+5.3%	17,4 k €	+14.0%	15,3 k €	+2.3%	14,9 k €	-16.5%	17,9 k €
EBITDA	35,2 k €	-22.4%	45,4 k €	-28.1%	63,1 k €	+59.8%	39,5 k €	-16.0%	47 k €	-8.7%	51,5 k €	+75.6%	29,3 k €	-32.0%	43,1 k €	+0.1%	43,1 k €	-5.4%	45,6 k €	-7.7%	49,4 k €	+21.3%	40,7 k €	+184%	14,4 k €	+13.4%	12,7 k €	-9.3%	14 k €	+26.6%	11 k €	+20.0%	9,2 k €	+25.0%	7,4 k €	-14.8%	8,6 k €	-25.4%	11,6 k €
Operating result	7,1 k €	-69.0%	23 k €	-44.8%	41,6 k €	+121%	18,9 k €	+4.5%	18 k €	-46.9%	34 k €	+148%	13,7 k €	-47.4%	26,1 k €	+15.1%	22,6 k €	-10.5%	25,3 k €	-18.3%	31 k €	+28.6%	24,1 k €	+12565%	-193,4 €	+86.3%	-1,4 k €	-165%	2,2 k €	+382%	-768 €	+70.5%	-2,6 k €	-304%	1,3 k €	+271%	-744,9 €	+79.3%	-3,6 k €
Net result	4,8 k €	-69.6%	15,8 k €	-46.8%	29,8 k €	+131%	12,9 k €	+1.1%	12,7 k €	-48.5%	24,7 k €	+173%	9,1 k €	-50.2%	18,2 k €	+24.7%	14,6 k €	-13.3%	16,8 k €	-21.9%	21,5 k €	+29.4%	16,6 k €	+4206%	-405,3 €	+86.6%	-3 k €	-328%	1,3 k €	+15.7%	1,2 k €	+132%	-3,7 k €	-1485%	263,6 €	+108%	-3,4 k €	-5915%	58,4 €
Balance sheet
Equity	222,3 k €	+2.2%	217,5 k €	+7.8%	201,7 k €	+17.3%	171,9 k €	+8.1%	159,1 k €	+8.7%	146,3 k €	+20.3%	121,6 k €	+8.0%	112,5 k €	+18.3%	95,1 k €	+17.0%	81,3 k €	+24.6%	65,3 k €	+46.6%	44,5 k €	+55.4%	28,6 k €	-3.9%	29,8 k €	-11.3%	33,6 k €	+1.7%	33 k €	+28.2%	25,8 k €	-12.4%	29,4 k €	+0.9%	29,2 k €	-10.4%	32,6 k €
Total assets	539,5 k €	-4.5%	564,9 k €	-2.8%	581,4 k €	-1.1%	587,7 k €	-0.3%	589,7 k €	+166%	221,4 k €	+21.9%	181,6 k €	-4.5%	190,2 k €	-6.4%	203,1 k €	+8.6%	187,1 k €	-24.3%	247,3 k €	+11.0%	222,7 k €	+12.7%	197,6 k €	+1.1%	195,4 k €	+1.3%	193 k €	-4.5%	202,1 k €	-3.1%	208,6 k €	+37.1%	152,2 k €	-3.0%	156,8 k €	-7.9%	170,2 k €
Cash	13,1 k €	-17.2%	15,8 k €	-59.9%	39,5 k €	-25.9%	53,3 k €	-25.1%	71,2 k €	+44.9%	49,2 k €	+342%	11,1 k €	-64.6%	31,4 k €	-17.8%	38,2 k €	+699%	4,8 k €	-93.0%	68,7 k €	+87.3%	36,7 k €	+72.2%	21,3 k €	+246%	6,2 k €	-57.5%	14,5 k €	+326%	3,4 k €	-50.0%	6,8 k €	-59.0%	16,6 k €	-14.4%	19,4 k €	+1.5%	19,1 k €
Debts	317,2 k €	-8.7%	347,4 k €	-8.5%	379,7 k €	-8.7%	415,8 k €	-3.5%	430,7 k €	+474%	75,1 k €	+25.2%	60 k €	-22.8%	77,7 k €	-28.1%	108 k €	+2.1%	105,8 k €	-41.9%	182 k €	+2.8%	177,1 k €	+7.2%	165,3 k €	+0.5%	164,5 k €	+3.7%	158,6 k €	-6.1%	169 k €	-7.5%	182,8 k €	+48.9%	122,7 k €	-3.8%	127,6 k €	-6.6%	136,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

PAVLOS MAVROUDIS

Director

Active

Ended mandates

PAUL MAVROUDIS

Manager

Ended

PAVLOS MAVROUDIS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Association des copropriétaires de la résidence MAJA à Jette, rue Aloïs Verstraeten 10● Active	0502.618.069

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	25/07/2025	18/07/2024	17/08/2023	29/06/2022	13/07/2021
General meeting	16/06/2026	17/06/2025	18/06/2024	20/06/2023	21/06/2022	15/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	16/06/2026	29/06/2026	French	PDF
Micro model	31/12/2024	17/06/2025	25/07/2025	French	PDF
Micro model	31/12/2023	18/06/2024	18/07/2024	French	PDF
Micro model	31/12/2022	20/06/2023	17/08/2023	French	PDF
Micro model	31/12/2021	21/06/2022	29/06/2022	French	PDF
Micro model	31/12/2020	15/06/2021	13/07/2021	French	PDF
Micro model	31/12/2019	16/06/2020	30/06/2020	French	PDF
Micro model	31/12/2018	18/06/2019	22/08/2019	French	PDF
Micro model	31/12/2017	19/06/2018	23/08/2018	French	PDF
Micro model	31/12/2016	20/06/2017	23/08/2017	French	PDF
Abridged model	31/12/2015	21/06/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	16/06/2015	29/06/2015	French	PDF
Abridged model	31/12/2013	17/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	18/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	19/06/2012	28/06/2012	French	PDF
Abridged model	31/12/2010	21/06/2011	23/06/2011	French	PDF
Abridged model	31/12/2009	15/06/2010	15/07/2010	Dutch	PDF
Abridged model	31/12/2008	16/06/2009	03/07/2009	French	PDF
Abridged model	31/12/2007	17/06/2008	18/06/2008	Dutch	PDF
Abridged model	31/12/2006	19/06/2007	20/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

PAVLOS MAVROUDIS

Director

Active

Ended mandates

PAUL MAVROUDIS

Manager

Ended

PAVLOS MAVROUDIS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/05/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DIVERS - ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates09/07/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates25/01/2016
DEMISSIONS, NOMINATIONS
PDF
Registered office11/09/2013
SIEGE SOCIAL
PDF
Capital / shares15/06/2005
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20254,8 k €↓
2024
Annual accounts 202415,8 k €↓
2023
Annual accounts 202329,8 k €↑
2022
Annual accounts 202212,9 k €↑
2021
Annual accounts 202112,7 k €↓
2020
Annual accounts 202024,7 k €↑
2019
Annual accounts 20199,1 k €↓
2018
Annual accounts 201818,2 k €↑
2017
Annual accounts 201714,6 k €↓
2016
Annual accounts 201616,8 k €↓
2015
Annual accounts 201521,5 k €↑
2014
Annual accounts 201416,6 k €↑
2013
Annual accounts 2013-405,3 €↑
2012
Annual accounts 2012-3 k €↓
2011
Annual accounts 20111,3 k €↑
2010
Annual accounts 20101,2 k €↑
2009
Annual accounts 2009-3,7 k €↓
2008
Annual accounts 2008263,6 €↑
2007
Annual accounts 2007-3,4 k €↓
2006
Annual accounts 200658,4 €
28/01/1986
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BATI-SPY

Overview

What does BATI-SPY do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline