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B.A.B.E.L.

Active
Private limited companyfounded 201313 yrs activeKrekebekestraat 3, 8610 Kortemark, BelgiumKBO/BCE: BE 0526.817.292
Summary

The computed 12-month bankruptcy probability of B.A.B.E.L. is 1.5% (moderate). The 2024 annual accounts show equity of €179,980 and a net result of €208,980. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 9727 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
B.A.B.E.L.ActiveChecked score 63/100
Risk analysis ReportCompare

Overview

What they do
Development of residential building projects
NACE 68121Real estate development NACE 41101Retail sale of hardware, building materials, paint and glass (general range) NACE 47521
2 sites
How big
€4.1mtotal assets 2024
Staff
17.5 FTE
Equity
€179,980
Profit
€208,980
Turnover not published (abridged schema)
Financially healthy?
63 Healthy Checked score 2024
Bankruptcy chance 12 m
1.5%
Who decides
Accounts 63 d overdue0 of 4 deeds read
Why 63- Figures for FY 2024 (filed 30-09-2025)- Equity €179,980 (4.4% of total assets)+ Sector Real estate activities (NACE 68)+ Size: 17.5 FTE, total assets €4.1mShow the evidence

Checked score

Score 2024
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 47% of its sector peers (NACE 68, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 29+5
equity 4.4% of total assets
Liquidity 18+6
short-term debt 77.1% · cash 8.3%
Profitability 54-10
return on assets 5.1%
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,919 companies)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%● 0.0% vs 11-2024 01-2025: 1.5%▼ -7.5% vs 12-2024 02-2025: 1.6%▲ +1.8% vs 01-2025 03-2025: 1.8%▲ +12.2% vs 02-2025 04-2025: 1.8%▲ +1.3% vs 03-2025 05-2025: 1.8%▲ +1.1% vs 04-2025 06-2025: 1.9%▲ +5.5% vs 05-2025 07-2025: 2.2%▲ +18.4% vs 06-2025 08-2025: 2.8%▲ +24.0% vs 07-2025 09-2025: 3.0%▲ +8.7% vs 08-2025highest value 10-2025: 0.6%▼ -81.3% vs 09-2025 11-2025: 0.6%● 0.0% vs 10-2025 12-2025: 0.6%● 0.0% vs 11-2025 01-2026: 0.6%▼ -0.7% vs 12-2025 02-2026: 0.6%▲ +2.0% vs 01-2026 03-2026: 0.6%▼ -2.8% vs 02-2026lowest value 04-2026: 0.6%▲ +1.4% vs 03-2026 05-2026: 0.6%▲ +1.4% vs 04-2026 06-2026: 0.6%▲ +8.4% vs 05-2026 07-2026: 0.7%▲ +12.6% vs 06-2026 08-2026: 1.0%▲ +45.7% vs 07-2026 09-2026: 1.1%▲ +8.8% vs 08-2026 10-2026: 1.5%▲ +38.2% vs 09-2026
  • Figures for FY 2024 (filed 30-09-2025) raises the probability
  • Sector Real estate activities (NACE 68) lowers the probability
  • Size: 17.5 FTE, total assets €4.1m lowers the probability for this profile
  • Equity €179,980 (4.4% of total assets) raises the probability
Credit up to €11,000 at 30 days acceptable
Liquidity short (current ratio 0.97 against 0.93 in 2023; short-term debt: 77.1% and cash: 8.3% of total assets), and 95.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, small). Better than this share of them on solvency 22%, liquidity 15%, profitability 54%, growth against the median 99%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 30-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Size: 17.5 FTE, total assets €4.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Equity €179,980 (4.4% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 9727 sector peers (2024).
NBB · sector comparison
Position among 9727 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
69 d late
2022
134 d late
2021
33 d early
2020
44 d late
2019
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 42 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Equity above €150,000Eq €179,980
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Positive: Among the best 16% on net resultsector median €13,339 · 9,722 companies €208,980 View
  • Total assets 20246 fiscal years filed €4.1m View

By topic

Financials

Fiscal year
2024
Total assets
€4.1m
Profit
€208,980
Solvency
4.4%
Total assets▲ 39.0%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 30-09-2025Annual accounts filed
  2. 31-12-2024Equity above €150,000
  3. 08-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Development of residential building projectsNACE 68121
Founded
16-04-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

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