ACTIVE

BATUKO CONNECT

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Financial year 2025 · closed on 31/12/2025

Net result

52,6 k €

-25.1% YoY

Gross margin

142,3 k €

-24.6% YoY

Equity

143,3 k €

-69.3% YoY

What does BATUKO CONNECT do?

BATUKO CONNECT is a Private limited company incorporated in 2008. Its main activity is: Construction of utility projects for fluids. Its registered office is in Beringen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.106.802

Incorporation

27/11/2008

Legal form

Private limited company

Registered office

Koolmijnlaan 361
3581 Beringen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

42211Construction of utility projects for fluids· main 42211Construction of utility projects for fluids 42219Construction of utility projects for fluids 42219Construction of utility projects for fluids 42110Construction of roads and motorways 42110Construction of roads and motorways+2

Joint committees (2)

Signals

ProfitableLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	142,3 k €	-24.6%	188,7 k €	-57.4%	442,5 k €	+99.8%	221,5 k €	+12.9%	196,2 k €	+21.3%	161,8 k €	+27.1%	127,2 k €	-18.1%	155,3 k €	+212%	49,8 k €	-25.4%	66,8 k €	+29.2%	51,7 k €	-53.3%	110,6 k €	+6.4%	104 k €	+139%	43,6 k €	-65.9%	127,8 k €	+143%	52,6 k €	+3226%	-1,7 k €
EBITDA	92,2 k €	-38.9%	151,1 k €	+53.3%	98,6 k €	+53.9%	64 k €	+66.6%	38,4 k €	-44.1%	68,7 k €	+44.0%	47,7 k €	+5.4%	45,3 k €	-4.1%	47,2 k €	-24.8%	62,8 k €	+234%	18,8 k €	-72.1%	67,4 k €	+4.8%	64,3 k €	+60.2%	40,2 k €	+37.3%	29,3 k €	-44.1%	52,4 k €	+3213%	-1,7 k €
Operating result	68,3 k €	-50.7%	138,5 k €	+61.1%	86 k €	+63.2%	52,7 k €	+84.2%	28,6 k €	-50.9%	58,2 k €	+36.5%	42,7 k €	+36.7%	31,2 k €	+5.0%	29,7 k €	-32.0%	43,8 k €	+3533%	1,2 k €	-96.9%	39,2 k €	-8.6%	42,9 k €	+74.3%	24,6 k €	+40.6%	17,5 k €	-58.8%	42,5 k €	+939%	-5,1 k €
Net result	52,6 k €	-25.1%	70,2 k €	-15.6%	83,2 k €	+145%	34 k €	+33.3%	25,5 k €	-40.6%	42,9 k €	+9.5%	39,2 k €	+54.5%	25,4 k €	+27.6%	19,9 k €	-33.9%	30,1 k €	+206%	-28,3 k €	-240%	20,1 k €	-29.6%	28,6 k €	+99.5%	14,3 k €	-18.1%	17,5 k €	-41.7%	30 k €	+691%	-5,1 k €
Balance sheet
Equity	143,3 k €	-69.3%	466,1 k €	+17.7%	395,9 k €	+26.6%	312,8 k €	+12.2%	278,8 k €	+10.1%	253,3 k €	+20.4%	210,3 k €	+22.9%	171,1 k €	+28.3%	133,4 k €	+17.5%	113,5 k €	+36.0%	83,4 k €	-25.3%	111,7 k €	+22.0%	91,6 k €	+45.4%	63 k €	+29.5%	48,6 k €	+56.2%	31,1 k €	+2661%	1,1 k €
Total assets	1,1 M €	+59.8%	673,7 k €	+55.1%	434,4 k €	-12.8%	498,1 k €	+29.5%	384,7 k €	+23.9%	310,5 k €	+29.4%	240 k €	-12.6%	274,7 k €	+40.1%	196 k €	+26.7%	154,7 k €	-6.7%	165,8 k €	-12.4%	189,4 k €	+52.7%	124 k €	+13.5%	109,2 k €	-32.1%	161 k €	+109%	77 k €	+912%	7,6 k €
Cash	36,6 k €	+2534%	1,4 k €	-98.8%	114,9 k €	+79.2%	64,1 k €	+1219%	4,9 k €	+1125%	396,8 €	-96.0%	9,9 k €		–		–		2,6 k €	+742757%	0,4 €	-95.6%	7,9 €	-99.9%	8,3 k €	+38.9%	6 k €	-32.5%	8,9 k €	+2118%	400,7 €		–
Debts	933,5 k €	+350%	207,5 k €	+440%	38,4 k €	-79.3%	185,3 k €	+74.9%	105,9 k €	+84.9%	57,3 k €	+93.1%	29,7 k €	-71.1%	102,6 k €	+63.9%	62,6 k €	+53.2%	40,9 k €	-50.4%	82,4 k €	+7.0%	77,1 k €	+137%	32,4 k €	-29.9%	46,3 k €	-58.8%	112,4 k €	+145%	45,9 k €	+608%	6,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,8 ETP	-11.1%	0,9 ETP	+12.5%	0,8 ETP	+700%	0,1 ETP	-87.5%	0,8 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 3 ended

Active mandates

Demirci Korkmaz

Manager · since 01 août 2012

Active

Ended mandates

EVGENIY ATANASOV

Manager · since 28 avril 2010 · until 31 décembre 2010

Ended

EVGENIY ATANASOV

Manager · since 01 avril 2010

Ended

KORKMAZ DEMIRCI

Manager · since 27 novembre 2008

Ended

At this address

Other companies at this address

Company	CBE no.
ZEYNO TECH● Active	1019.902.738

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	03/08/2026	15/10/2025	06/06/2024	08/06/2023	24/06/2022	22/11/2021
General meeting	29/05/2026	07/10/2025	04/06/2024	25/05/2023	24/06/2022	24/06/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro modelCorrection	31/12/2025	29/05/2026	03/08/2026	Dutch	PDF
Micro model	31/12/2025	29/05/2026	02/06/2026	Dutch	PDF
Micro model	31/12/2024	07/10/2025	15/10/2025	Dutch	PDF
Micro model	31/12/2023	04/06/2024	06/06/2024	Dutch	PDF
Micro model	31/12/2022	25/05/2023	08/06/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	24/06/2022	Dutch	PDF
Micro model	31/12/2020	24/06/2021	22/11/2021	Dutch	PDF
Micro model	31/12/2019	25/06/2020	23/03/2021	Dutch	PDF
Micro model	31/12/2018	27/06/2019	31/12/2019	Dutch	PDF
Micro model	31/12/2017	28/06/2018	21/02/2019	Dutch	PDF
Micro model	31/12/2016	29/06/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	19/09/2016	Dutch	PDF
Abridged model	31/12/2014	25/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	26/06/2014	23/06/2015	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	31/10/2011	Dutch	PDF
Abridged model	31/12/2009	24/06/2010	27/08/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2021 · 1 active · 3 ended

Active mandates

Demirci Korkmaz

Manager · since 01 août 2012

Active

Ended mandates

EVGENIY ATANASOV

Manager · since 28 avril 2010 · until 31 décembre 2010

Ended

EVGENIY ATANASOV

Manager · since 01 avril 2010

Ended

KORKMAZ DEMIRCI

Manager · since 27 novembre 2008

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office21/05/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/01/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/11/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/04/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/04/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/05/2010
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other09/12/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202552,6 k €↓
2024
Annual accounts 202470,2 k €↓
2023
Annual accounts 202383,2 k €↑
2022
Annual accounts 202234 k €↑
2021
Annual accounts 202125,5 k €↓
2020
Annual accounts 202042,9 k €↑
2019
Annual accounts 201939,2 k €↑
2018
Annual accounts 201825,4 k €↑
2017
Annual accounts 201719,9 k €↓
2016
Annual accounts 201630,1 k €↑
2015
Annual accounts 2015-28,3 k €↓
2014
Annual accounts 201420,1 k €↓
2013
Annual accounts 201328,6 k €↑
2012
Annual accounts 201214,3 k €↓
2011
Annual accounts 201117,5 k €↓
2010
Annual accounts 201030 k €↑
2009
Annual accounts 2009-5,1 k €
27/11/2008
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

BATUKO CONNECT

Overview

What does BATUKO CONNECT do?

Trend over 17 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