Aly Baba
ActiveSummary
The computed 12-month bankruptcy probability of Aly Baba is 3.4% (moderate). The 2024 annual accounts show equity of €181,300 and a net result of €109,450. Equity is growing by ~104.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 18932 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
Axes · tick = 2023
Profitability100▲+11
Solvency90▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 5.27 against 1.72 in 2023; short-term debt: 16.9% and cash: 54.9% of total assets), and 34.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
74 d late
2023
78 d late
2022
444 d late
2020
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 166 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€181,300▲ 152%
2023 · €71,851
Total assets
€278,243▲ 143%
2023 · €114,368
Net result
€109,450▲ 500%
2023 · €18,241
Working capital
€200,259▲ 555%
2023 · €30,595
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202220232024
Operating result€6,396-€14,875-€26,829▲ 80.4%€160,024▲ 496%
Net result€4,250-€11,373-€18,241▲ 60.4%€109,450▲ 500%
Equity€9,250-€53,610-€71,851▲ 34.0%€181,300▲ 152%
Total assets€32,915-€90,197-€114,368▲ 26.8%€278,243▲ 143%
Debt€23,665-€36,588-€42,518▲ 16.2%€46,943▲ 10.4%
Working capital€8,024-€10,548-€30,595▲ 190%€200,259▲ 555%
Staff (FTE)0.9-1-1=2.2▲ 120%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 496% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €278,243
Fixed assets
€31,042 ▼ 24.8%
Current assets
€247,201 ▲ 238%
Equity and liabilities €278,243
Equity
€181,300 ▲ 152%
Provisions
€50,000
Debt
€46,943 ▲ 10.4%
Debt's share of the balance-sheet total falls from 37.2% to 16.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€172,965▲
2023 · €35,124
Cash flow
€122,391▲
2023 · €26,536
Current ratio
5.27▲
2023 · 1.72
Debt to equity
0.26▼
2023 · 0.59
ROE
60.4%▲
2023 · 25.4%
ROA
39.3%▲
2023 · 15.9%
Interest coverage
161.00▲
2023 · 17.66
Debt ≤ 1 year
€46,943▲
2023 · €42,518
Income taxes
€49,500▲
2023 · €6,600
Staff costs
€54,358▲
2023 · €44,594
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €30,813 | €44,594 | €54,358 | ▲ 21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €574 | €5,120 | €8,295 | €12,941 | ▲ 56.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €50,000 | - |
| Other operating charges640/8 | - | €4,843 | €14,060 | €18,324 | ▲ 30.3% |
| Gross operating margin9900 | €27,779 | €55,650 | €93,778 | €295,647 | ▲ 215% |
| Operating profit (loss)9901 | €6,396 | €14,875 | €26,829 | €160,024 | ▲ 496% |
| Financial income75/76B | - | €4 | €1 | - | - |
| Recurring financial income75 | - | €4 | €1 | - | - |
| Financial charges65/66B | - | €105 | €1,989 | €1,074 | ▼ 46.0% |
| Recurring financial charges65 | €146 | €105 | €1,989 | €1,074 | ▼ 46.0% |
| Profit (loss) for the period before taxes9903 | €6,250 | €14,773 | €24,841 | €158,950 | ▲ 540% |
| Income taxes67/77 | €2,000 | €3,400 | €6,600 | €49,500 | ▲ 650% |
| Profit (loss) for the period9904 | €4,250 | €11,373 | €18,241 | €109,450 | ▲ 500% |
| Profit (loss) for the period to be appropriated9905 | €4,250 | €11,373 | €18,241 | €109,450 | ▲ 500% |
| Line | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €32,915 | €90,197 | €114,368 | €278,243 | ▲ 143% |
| Fixed assets21/28 | €1,226 | €43,061 | €41,256 | €31,042 | ▼ 24.8% |
| Tangible fixed assets22/27 | €1,226 | €43,061 | €41,256 | €31,042 | ▼ 24.8% |
| Land and buildings22 | - | €25,025 | €21,842 | €17,527 | ▼ 19.8% |
| Plant, machinery and equipment23 | - | €18,010 | €19,388 | €13,515 | ▼ 30.3% |
| Furniture and vehicles24 | - | €26 | €26 | - | - |
| Current assets29/58 | €31,689 | €47,136 | €73,112 | €247,201 | ▲ 238% |
| Amounts receivable within one year40/41 | €1,819 | €47,136 | €25,630 | €94,405 | ▲ 268% |
| Trade receivables40 | - | €15,000 | - | - | - |
| Other amounts receivable41 | - | €32,136 | €25,630 | €94,405 | ▲ 268% |
| Cash at bank and in hand54/58 | €29,870 | - | €47,309 | €152,727 | ▲ 223% |
| Deferred charges and accrued income490/1 | - | - | €173 | €70 | ▼ 59.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €32,915 | €90,197 | €114,368 | €278,243 | ▲ 143% |
| Equity10/15 | €9,250 | €53,610 | €71,851 | €181,300 | ▲ 152% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | = |
| Outside capital11 | - | €5,000 | €5,000 | €5,000 | = |
| Other1109/19 | - | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | €32,000 | €32,000 | €102,000 | ▲ 219% |
| Distributable reserves133 | - | €32,000 | €32,000 | €102,000 | ▲ 219% |
| Profit (loss) carried forward14 | €4,250 | €16,610 | €34,851 | €74,300 | ▲ 113% |
| Provisions and deferred taxes16 | - | - | - | €50,000 | - |
| Provisions for liabilities and charges160/5 | - | - | - | €50,000 | - |
| Major repairs and maintenance162 | - | - | - | €50,000 | - |
| Amounts payable17/49 | €23,665 | €36,588 | €42,518 | €46,943 | ▲ 10.4% |
| Amounts payable within one year42/48 | €23,665 | €36,588 | €42,518 | €46,943 | ▲ 10.4% |
| Trade debts44 | €11,315 | €7,987 | €17,150 | €11,190 | ▼ 34.8% |
| Suppliers440/4 | - | €7,987 | €17,150 | €11,190 | ▼ 34.8% |
| Taxes, remuneration and social security45 | - | €28,601 | €25,368 | €35,753 | ▲ 40.9% |
| Taxes450/3 | - | €26,140 | €14,526 | €31,627 | ▲ 118% |
| Remuneration and social security454/9 | - | €2,461 | €10,842 | €4,126 | ▼ 61.9% |
| Line | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,250 | €11,373 | €18,241 | €109,450 | ▲ 500% |
| + Depreciation and write-downs630 | €574 | €5,120 | €8,295 | €12,941 | ▲ 56.0% |
| Operating cash flow (approximation) | €4,824 | €16,494 | €26,536 | €122,391 | ▲ 361% |
| Investment in fixed assets (approximation) | - | - | -€6,489 | -€2,727 | ▲ 58.0% |
| Change in cash | - | - | - | €105,417 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 74 days late
2024
31-12
Financial
Highest result since 2020net €109,450 ▲500%
Operating result €160,024, net result €109,450, both a record.
31-12
Financial
Liquidity triplescurrent ratio 5.27
Current ratio from 1.72 to 5.27.
31-12
Financial
Equity above €150,000Eq €181,300 ▲152%
4 profitable years in a row build equity to €181,300.
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 78 days late
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 444 days late
2021
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 69 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 acts for this company are 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, Essen · 1 establishment unit since 2019
Ground area
217 m²
Building footprint
222 m²
Volume, LiDAR
1,304 m³
Parcel 11016A0051/00E000, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Aly Baba
since 20192.294.146.406
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11016A0051/00E000 | Flanders | 217 m² | 1 · 222 m² | 12.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEssen2.294.146.406
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Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 6,912 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.