ACTIVE

BAT-EAU

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Financial year 2025 · closed on 31/12/2025

Net result

-663,7 €

+64.2% YoY

Gross margin

18,1 €

+101.5% YoY

Equity

903,7 €

-42.3% YoY

What does BAT-EAU do?

BAT-EAU is a Private company with limited liability incorporated in 1998. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Rebecq.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.185.184

Incorporation

21/09/1998

Legal form

Private company with limited liability

Registered office

Chemin du Gibet 11 box 2
1430 Rebecq · WallonieSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

43990Other specialised construction activities n.e.c.· main 43995Other specialised construction activities n.e.c.41001Construction of buildings 41201Construction of residential and non-residential buildings

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	18,1 €	+101%	-1,2 k €	-26.4%	-986 €	+83.5%	-6 k €	-185%	7 k €	+133%	-21 k €	-164%	32,9 k €	+481%	-8,6 k €	-188%	9,8 k €	-30.3%	14 k €	+18.0%	11,9 k €	+2472%	-501,1 €	+93.4%	-7,6 k €	+45.6%	-13,9 k €	+19.0%	-17,2 k €	-1075%	1,8 k €	+149%	-3,6 k €	-137%	9,8 k €	-11.7%	11 k €
EBITDA	-130,7 €	+90.6%	-1,4 k €	-23.0%	-1,1 k €	+81.6%	-6,2 k €	-197%	6,4 k €	+129%	-21,8 k €	-168%	32,1 k €	+449%	-9,2 k €	-202%	9,1 k €	-34.8%	13,9 k €	+17.0%	11,9 k €	+2472%	-501,1 €	+93.5%	-7,7 k €	+45.6%	-14,1 k €	+24.8%	-18,8 k €	-1177%	1,7 k €	+124%	-7,4 k €	-179%	9,3 k €	+0.8%	9,3 k €
Operating result	-130,7 €	+90.6%	-1,4 k €	-23.0%	-1,1 k €	+81.6%	-6,2 k €	-197%	6,4 k €	+123%	-27,3 k €	-202%	26,7 k €	+276%	-15,1 k €	-895%	1,9 k €	-73.7%	7,2 k €	-32.0%	10,7 k €	+2229%	-501,1 €	+94.1%	-8,5 k €	+46.7%	-15,9 k €	+22.7%	-20,6 k €	-4282%	492 €	+107%	-7,4 k €	-1074%	756 €	+222%	-622 €
Net result	-663,7 €	+64.2%	-1,9 k €	-39.6%	-1,3 k €	+78.9%	-6,3 k €	-205%	6 k €	+122%	-27,6 k €	-206%	26 k €	+274%	-14,9 k €	-1422%	1,1 k €	-83.9%	7 k €	-34.3%	10,7 k €	+2169%	-515,9 €	+94.0%	-8,5 k €	+45.8%	-15,8 k €	+20.9%	-20 k €	-3658%	561 €	+111%	-5,2 k €	-1768%	309 €	+108%	-3,9 k €
Balance sheet
Equity	903,7 €	-42.3%	1,6 k €	-54.2%	3,4 k €	-28.0%	4,7 k €	-57.0%	11 k €	+119%	5 k €	-84.6%	32,7 k €	+389%	6,7 k €	-69.1%	21,6 k €	+5.5%	20,5 k €	+52.2%	13,5 k €	+384%	2,8 k €	-15.6%	3,3 k €	-72.2%	11,8 k €	-57.1%	27,6 k €	-41.9%	47,6 k €	+1.2%	47 k €	-9.9%	52,2 k €	+0.6%	51,9 k €
Total assets	10 k €	+6.7%	9,3 k €	-50.0%	18,7 k €	-5.0%	19,6 k €	+3.9%	18,9 k €	+16.5%	16,2 k €	-70.8%	55,7 k €	+23.6%	45 k €	-12.7%	51,6 k €	+7.1%	48,2 k €	+121%	21,8 k €	+595%	3,1 k €	-5.0%	3,3 k €	-88.3%	28,2 k €	-43.1%	49,6 k €	-20.2%	62,2 k €	-8.2%	67,7 k €	-9.3%	74,7 k €	-21.7%	95,3 k €
Cash	–		–		–		53,6 €	-98.2%	3 k €	+269%	822,4 €	-97.6%	34,1 k €	+1122%	2,8 k €	-75.5%	11,4 k €	-1.7%	11,6 k €	+140%	4,8 k €		–		12 €	-99.9%	12,4 k €	+143%	5,1 k €	-17.9%	6,2 k €	-53.9%	13,5 k €	+85.0%	7,3 k €	-75.6%	29,8 k €
Debts	9 k €	+16.6%	7,8 k €	-49.1%	15,2 k €	+2.3%	14,9 k €	+89.2%	7,9 k €	-29.7%	11,2 k €	-51.3%	23 k €	-40.0%	38,4 k €	+28.7%	29,8 k €	+7.5%	27,7 k €	+233%	8,3 k €	+2272%	350,3 €		–		16,4 k €	-25.4%	22 k €	+50.6%	14,6 k €	-29.5%	20,7 k €	-8.1%	22,5 k €	-48.3%	43,5 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 · 5 ended

Active mandates

JEAN MARIE DEKUIPER

Director · since 03 septembre 2015

Active

Ended mandates

JEAN MARIE DEKUIPER

Manager · since 03 septembre 2015

Ended

Daniele THIBAUT de MAISIERES

Manager · since 01 juillet 2012 · until 03 septembre 2015

Ended

Daniele THIBAULT de MAISIERES

Manager · since 30 juin 2012

Ended

ETIENNE FRANCART

Mandate

Ended

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	25/08/2026	18/06/2025	20/08/2024	26/07/2023	31/08/2022	26/11/2021
General meeting	22/05/2026	23/05/2025	24/05/2024	26/05/2023	27/05/2022	28/05/2021
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	22/05/2026	25/08/2026	French	PDF
Micro model	31/12/2024	23/05/2025	18/06/2025	French	PDF
Micro model	31/12/2023	24/05/2024	20/08/2024	French	PDF
Micro model	31/12/2022	26/05/2023	26/07/2023	French	PDF
Micro model	31/12/2021	27/05/2022	31/08/2022	French	PDF
Micro model	31/12/2020	28/05/2021	26/11/2021	French	PDF
Micro model	31/12/2019	22/05/2020	30/10/2020	French	PDF
Micro model	31/12/2018	24/05/2019	28/10/2019	French	PDF
Micro model	31/12/2017	25/05/2018	26/09/2018	French	PDF
Micro model	31/12/2016	26/05/2017	23/09/2017	French	PDF
Abridged model	31/12/2015	27/05/2016	14/10/2016	French	PDF
Abridged model	31/12/2014	11/02/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	13/06/2014	31/07/2014	French	PDF
Abridged model	31/12/2012	14/06/2013	26/08/2013	French	PDF
Abridged model	31/12/2011	14/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	23/08/2011	French	PDF
Abridged model	30/09/2009	01/03/2010	18/03/2011	Dutch	PDF
Abridged model	30/09/2008	24/11/2008	24/11/2008	Dutch	PDF
Abridged model	30/09/2007	15/02/2008	24/11/2008	Dutch	PDF
Abridged model	30/09/2006	14/02/2007	06/03/2007	French	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 · 5 ended

Active mandates

JEAN MARIE DEKUIPER

Director · since 03 septembre 2015

Active

Ended mandates

JEAN MARIE DEKUIPER

Manager · since 03 septembre 2015

Ended

Daniele THIBAUT de MAISIERES

Manager · since 01 juillet 2012 · until 03 septembre 2015

Ended

Daniele THIBAULT de MAISIERES

Manager · since 30 juin 2012

Ended

ETIENNE FRANCART

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office19/03/2018
SIEGE SOCIAL
PDF
Mandates29/09/2015
DENOMINATION - SIEGE SOCIAL - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates24/10/2012
DEMISSIONS, NOMINATIONS
PDF
Other19/07/2010
ASSEMBLEE GENERALE - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office17/06/2010
SIEGE SOCIAL
PDF
Registered office01/10/2007
SIEGE SOCIAL
PDF
Capital / shares09/09/2005
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office26/05/2005
SIEGE SOCIAL
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 2025-663,7 €↑
2024
Annual accounts 2024-1,9 k €↓
2023
Annual accounts 2023-1,3 k €↑
2022
Annual accounts 2022-6,3 k €↓
2021
Annual accounts 20216 k €↑
2020
Annual accounts 2020-27,6 k €↓
2019
Annual accounts 201926 k €↑
2018
Annual accounts 2018-14,9 k €↓
2017
Annual accounts 20171,1 k €↓
2016
Annual accounts 20167 k €↓
2015
Annual accounts 201510,7 k €↑
2015
Name changeBAT-EAU
2014
Annual accounts 2014-515,9 €↑
2013
Annual accounts 2013-8,5 k €↑
2012
Annual accounts 2012-15,8 k €↑
2011
Annual accounts 2011-20 k €↓
2010
Annual accounts 2010561 €↑
2009
Annual accounts 2009-5,2 k €↓
2008
Annual accounts 2008309 €↑
2007
Annual accounts 2007-3,9 k €
2007
Name changeFORT DES VOILES
21/09/1998
IncorporationPrivate company with limited liability

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

BAT-EAU

Overview

What does BAT-EAU do?

Trend over 19 financial years

Indicative valuation

Board of directors

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