Active · per the CBE, 29 October 2026
BATICO logo

BATICO

BE0431101058

Rechtspersoon Private limited company 1 establishment

BATICO is a construction company in Baelen. Private Limited, started on 5 May 1987, 1 establishment.

Rue Saint-Maur(BLN) 2, 4837 Baelen batico.be [email protected]

Behind the company: Georges CORMAN.

Active for

39 year, 5 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 5 to 2.9.

Financials

Financial year 2025

BATICO from Baelen, company number BE0431101058, closed financial year 2025 with a result of € 51,145 after tax. For that financial year BATICO recorded revenue of € 12 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 32,028 to € 51,145. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.

What it is worth Growing

€ 3.4 million

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 51,145

▲ 60% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 323,325

▼ 29% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.2 million.

People and assets in 2025

Full-time equivalents

2.9

▼ 0.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 228,477

▼ 38% vs 2024

€ 78,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 63,095

▼ 27% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 13 years to go

€ 56.4 million

▼ 6% vs 2024

€ 169,511 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.

Owed to suppliers

€ 123,835

▼ 85% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 5 days on average.

Taxes and wages

€ 250,723

▼ 39% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 20,902,604 € 11,536,159 € 12,544,201 € 11,961,229 ▼ 5%
Profit after taxes € 412,351 € 232,079 € 32,028 € 51,145 ▲ 60%
Equity € 3,090,213 € 3,322,291 € 3,354,319 € 3,405,465 ▲ 2%
Total debts € 45,992,053 € 61,293,220 € 66,874,858 € 60,343,727 ▼ 10%
Cash € 1,954,172 € 1,693,091 € 457,044 € 323,325 ▼ 29%
Land & buildings € 595,194 € 604,403 € 530,490 € 469,120 ▼ 12%
Retained profit € 1,909,007 € 2,141,086 € 2,173,114 € 2,224,259 ▲ 2%
Bank debt € 41,066,441 € 55,611,562 € 60,094,299 € 56,358,063 ▼ 6%
Balance sheet total € 49,468,788 € 65,013,096 € 70,643,011 € 64,142,510 ▼ 9%
Employees (FTE) 5.9 5 3.6 2.9 ▼ 0.7

Key figures of BATICO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to BATICO?

What happened at BATICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 51,145 (▲ 60% vs 2024). Source: NBB ↗
  • New establishment in Baelen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 412,351 profit in 2022 to € 51,145 profit in 2025.

Paid € 327,857 in corporate taxes since 2022.

Best year ever: 2022, with € 412,351 profit.

Pays suppliers within 5 days on average.

Management

Georges CORMAN
BATICO

Behind BATICO is Georges CORMAN. It owns 100% of GECORBAT, 100% of LES BOCAGES and 3% of TERGEMAT itself.

Directors

According to the 2025 annual accounts

Georges CORMAN

Director

Also active at: TERGECO, LES BOCAGES, TERGEMAT, GECORBAT, AGOLINA

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Saint-Maur(BLN) 2

4837 Baelen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

AMPApacheContact Form 7Cookie ConsentGoogle FontsGoogle MapsGoogle Tag ManagerHubSpot MarketingPHPWPMLWordPressYoast SEOiubendajQueryreCAPTCHAunpkg

Hosting & Email

Email provider

Microsoft 365

Hosting

INFOMANIAK-AS, CH

Website info

HTTPS Ja
Languages DE, FR

Features

Blog Ads Contact page

Security

✓ HTTPS
✓ SPF
✓ DMARC

Network

✓ IPv6

Details

Company number
0431.101.058
VAT number
BE 0431.101.058
Registered office
Rue Saint-Maur(BLN) 2, 4837 Baelen
Names & denominations
BATICO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
5 May 1987
Peppol
Active · Active since 29 Dec 2025
Activities · NACE

Algemene bouw van residentiële gebouwen

Bouwen van individuele huizen

Projectontwikkeling voor woningbouw

Ontwikkeling van residentiële bouwprojecten

Frequently asked questions

What does BATICO do?
BATICO is a construction company in Baelen. Private Limited, started on 5 May 1987, 1 establishment.
What is the address of BATICO?
The registered office of BATICO is located at Rue Saint-Maur(BLN) 2, 4837 Baelen.
Is BATICO still active?
Yes. According to the CBE (29 October 2026) BATICO is active, legal situation “Normale toestand”, started on 5 May 1987.
Is BATICO registered on Peppol?
Yes, BATICO is registered on the Peppol network with ID 0208:0431101058.
What is the enterprise number of BATICO?
The enterprise number of BATICO is BE0431101058.
When was BATICO founded?
BATICO was founded on 5 May 1987.