Equity
-€17,460
Debts exceed assets in financial year 2024.
BABA
Lifetime
3 annual accounts with figures on one time axispeak €57,283 (2024)
€57,283▲ 73.6%
lowest -€22,146 (2022)
-€3,616▼ €9,418
peak -€13,845 (2023)
-€17,460▼ €3,616
€53,027▲ 7.7%
Board3 names since 2021
1 director
Documentsfilings and deeds
19-12-2025141 days late
2024micro format
Turnover from €179,777 to €249,451Gross margin from €33,006 to €57,283Loss of €3,616Equity from -€13,845 to -€17,460Cash from €42 to €2,150
Key points
from the 2024 annual accountsTurnover
€249,451 ▲ 38.8%
Turnover rose in 2024 from €179,777 to €249,451.
Debts
€53,027 149% of the balance sheet
Suppliers 28%Taxes and wages 10%Other 61%
Filings
3 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Starting capital
€2,500 100 shares
Position in the sector
-49.1%
Lower solvency than 87% of companies in retail trade. Sector median 32.2% · 25,635 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,637 companies had the same profile as BABA has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,637 companies, not a prediction for BABA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
- 10%deed of 27-09-2022
- 90%deed of 27-09-2022
- 90 sharesdeed of 27-09-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0778795182
Resignation: (director)
Transfer of 90 shares from to · Transfer of 10 shares from to · Appointment: (director) · General meeting of 19-08-2022 · Gazette deed
Resignation: (manager)
Transfer of shares from to · Gazette deed
Incorporation
Founding capital of €2,500, 100 shares · Founders: and · Appointments: (director) and (director) · published on 21-12-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BABA Ostend | €249,451 | -1.4% | -49.1% | - |
| HASIB TALASH Schaerbeek | - | - | 89.9% | - |
| GIUSEPPE Waremme | - | - | 20.4% | - |
| LUST 4 LIFE Ixelles | €679,776 | 2.7% | 45.7% | - |
| AMSA BELGIUM Sint-Pieters-Leeuw | - | - | 65.7% | - |
| KOREYA Brussels | - | - | 1.3% | - |
| MR EXPRESS Houthalen-Helchteren | - | - | 50.1% | - |
Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as BABA: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €33,200 and €48,400, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 17-12-2021Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 6 others
- Establishment unit
- 2.328.143.3228400 Ostend, since 17-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 18-06-2025
Insights on BABA
BABA files the micro format. That format states no turnover. The gross margin rose from -€8,454 in 2022 to €57,283 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BABA
- What is the company number of BABA?
- The company number of BABA is 0778.795.182. The VAT number is the same number with BE in front: BE 0778.795.182.
- Where is BABA based?
- The registered office is at Torhoutsesteenweg 89, 8400 Ostend.Company details
- What does BABA do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of BABA?
- BABA is a private limited company (BV).
- When was BABA founded?
- BABA was founded on 17-12-2021.
- Is BABA still active?
- Yes, BABA is an active enterprise in the KBO register.
- What is the turnover of BABA?
- The turnover of BABA was €249,451 in financial year 2024, according to the filed annual accounts.Financials
- Is BABA profitable?
- In financial year 2024, BABA made a loss of €3,616.
- Where can I find the annual accounts of BABA?
- BABA filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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