Equity
-€17,460
Debts exceed assets in financial year 2024.
BABA
Overview
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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
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
Annual accounts 2024
- €249,451▲ 38.8%
- €3,616
- -€17,460▼ 26.1%
- €35,567▲ 0.6%
- ≈ 1.8 FTEestimated
- Filing
- Filed on 19-12-2025
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.
Financials
Annual accounts 2024
micro format, filed on 19-12-2025, 141 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 12 November 2026.
€249,451
▲ 38.8%
-€3,548
▼ €9,550
-€348
▼ €9,550
-€416
▼ €9,418
-49.1%
▼ 10.0 percentage points
0.37
▲ 0.04
Money flows
of every €100 of turnover, €1.45 was lost in 2024Balance sheet
balance sheet total €35,567 on 31-12-2024What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-49.1%
Higher than 12% of 25,635 companies in 2024.
0.37
Higher than 9% of 24,689 companies in 2024.
-10.2%
Higher than 17% of 24,859 companies in 2024.
BABA
Middle half of the sector
80% of the sector
Micro accounts in retail trade (NACE 47)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
35,567 | 35,372 | 18,241 | |
21/28 |
16,148 | 19,348 | 13,037 | |
21 |
9,511 | 9,511 | - | |
22/27 |
6,637 | 9,837 | 13,037 | |
23 |
6,637 | 9,837 | 13,037 | |
29/58 |
19,419 | 16,024 | 5,205 | |
3 |
15,928 | 15,928 | - | |
30/36 |
15,928 | 15,928 | - | |
40/41 |
1,342 | 55 | 392 | |
41 |
1,342 | 55 | 392 | |
54/58 |
2,150 | 42 | 4,813 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
35,567 | 35,372 | 18,241 | |
10/15 |
-17,460 | -13,845 | -19,646 | |
10/11 |
2,500 | 2,500 | 2,500 | |
11 |
- | - | 2,500 | |
1109/19 |
- | - | 2,500 | |
14 |
-19,960 | -16,345 | -22,146 | |
17/49 |
53,027 | 49,216 | 37,888 | |
42/48 |
53,027 | 49,216 | 37,888 | |
44 |
14,990 | - | 28,895 | |
440/4 |
14,990 | - | 28,895 | |
45 |
5,441 | - | 4,036 | |
450/3 |
5,441 | - | 3,623 | |
454/9 |
- | - | 413 | |
47/48 |
32,596 | 49,216 | 4,957 | |
| Income statement | ||||
70 |
249,451 | 179,777 | - | |
76A |
22,589 | 134 | - | |
9900 |
57,283 | 33,006 | -8,454 | |
60/61 |
214,758 | 146,771 | - | |
62 |
55,622 | 22,621 | 10,673 | |
630 |
3,200 | 3,200 | 2,963 | |
640/8 |
2,008 | 1,182 | - | |
9901 |
-3,548 | 6,002 | -22,090 | |
75/76B |
0 | - | - | |
75 |
0 | - | - | |
65/66B |
68 | 200 | 56 | |
65 |
68 | 200 | 56 | |
9903 |
-3,616 | 5,802 | -22,146 | |
9904 |
-3,616 | 5,802 | -22,146 | |
9905 |
-3,616 | 5,802 | -22,146 | |
| Appropriation of the result | ||||
9906 |
-19,960 | -16,345 | -22,146 | |
14P |
-16,345 | -22,146 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 19-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| -348 | 9,202 | -19,127 | ||
| -416 | 9,002 | -19,183 | ||
| 0 | 9,511 | 16,000 | ||
| 2,108 | -4,771 | - | ||
| -33,608 | -33,192 | -32,683 | ||
| -1.4% | 3.3% | - | ||
| -49.1% | -39.1% | -107.7% | ||
| 0.37 | 0.33 | 0.14 | ||
| 0.07 | 0.00 | 0.14 | ||
| -10.2% | 16.4% | -121.4% | ||
| -5.09 | 45.93 | -340.22 | ||
| 2 days | 0 days | - | ||
| 25 days | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Tangible fixed assets | - | - | €16,000 |
| Intangible fixed assets | - | €9,511 | - |
| €3,200 | €3,200 | €2,963 |
Source: notes to the 2022 to 2024 annual accounts (statement of fixed assets)
Insights on BABA
The operating result for 2024 is a loss of €3,548, after a profit of €6,002 in 2023.
Equity is negative. Debt (€53,027) exceeds the balance-sheet total (€35,567).
Board & ownership
Board
1 director, no change since 2022- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 21-12-2021
Mandates through the years
3 names, the dashed line is todayDirector
Director (not named in the articles)
Director (not named in the articles)
BoardEarlierend not dated
Mandates as a list
-
- Director, appointed by deed of 27-09-2022, still in office
-
- Director (not named in the articles), appointed by deed of 21-12-2021, until 24-08-2022
- Director (not named in the articles), appointed by deed of 21-12-2021, no longer listed in the 2022 annual accounts
-
- Director (not named in the articles), appointed by deed of 21-12-2021, until 22-08-2022
- Director (not named in the articles), appointed by deed of 21-12-2021, no longer listed in the 2022 annual accounts
Control
Shareholders
,
This company
BABA
Equity -€17,460
Loss €3,616 in 2024
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- -€175 in 2024
- Source
- deed of 21-12-2021
Articles of association
deed of 21-12-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Saturday of June at 14:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
Stated in the deed
deed of 27-09-2022 ↗
- 10%
- 90%
Share transfer
deed of 27-09-2022 ↗
- to 90 shares
- to 10 shares
Share transfer
deed of 24-08-2022 ↗
- to 50%
At incorporation
deed of 21-12-2021 ↗
- 50 shares (50%) · €1,250
- 50 shares (50%) · €1,250
Network & group
No group
BABA has no parent and no holdings in its annual accounts. is the only director. BABA shares no director with another company.
At the same address
Torhoutsesteenweg 89, 8400 Ostend · 2 other companies| DIWAN BROTHERS
registered office since 26-08-1998 · founded in 1998 · negative equity (2024) · accounts filed late |
total assets €1,564 (2024) 0464.026.125 |
| Bibi, Zahida (sole trader)
establishment since 24-05-2005 |
founded in 2000 0525.582.622 |
Timeline
Timeline
9 events since 2021Board
Capital
Filings
Financial
Establishments
202220242026
2025
Annual accounts 2024 filed PDFmicro format · 141 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0778795182
2024
Annual accounts 2023 filed PDFmicro format · 147 days late
2023
Back to profit net €5,802 The net result is €5,802, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 58 days late
2022
Resignation: (director)Transfer of 90 shares from to · Transfer of 10 shares from to · Appointment: (director) · General meeting of 19-08-20228 points ▸
- General meeting, 19-08-2022
- Director resignation,
- Director discharge,
- Director appointment,
- Share transfer, , 90 shares
- Share transfer, , 10 shares
- holds 10% of the shares
- holds 90% of the shares
Resignation: (manager)Transfer of shares from to 2 points ▸
- Director resignation, (manager)
- Share transfer,
- The deed holds 1 more point.
2021
IncorporationFounding capital of €2,500, 100 shares · Founders: and · Appointments: (director) and (director) · published on 21-12-20216 points ▸
- Founder, (comparant)
- Founder, (comparant)
- Founding capital, €2,500, 100 shares
- Registered office clause, Torhoutsesteenweg 89, 8400 Oostende
- Director appointment, (director (not named in the articles))
- Director appointment, (director (not named in the articles))
- The deed holds 5 more points.
First establishment Torhoutsesteenweg 89, Ostend
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0778.795.182
- VAT number
- BE 0778.795.182
- Peppol ID
- 0208:0778795182
- Other Peppol ID
- 9925:BE0778795182
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 17-12-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Saturday of June at 14:00deed of 21-12-2021 (in Dutch)
- Peppol
- Reachable since 18-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- BABA in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 21-12-2021 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 21-12-2021 (in Dutch)
Activities
NACEBEL 2025VAT activities
47110
Non-specialised retail sale with food, beverages or tobacco predominating main activity
47260
Retail trade
47271
Retail trade
Social security (RSZ) activities
47110
Non-specialised retail sale with food, beverages or tobacco predominating main activity
Codes under NACEBEL 2008
VAT activities
47112
Retail trade main activity
47241
Retail trade
47252
Retail trade
47260
Retail trade
47291
Retail trade
47299
Retail trade
Social security (RSZ) activities
47112
Retail trade main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Dag,Nacht winkel,algemene voedingswaren,tabak; Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen…”deed of 21-12-2021 (in Dutch)
13 activities
- Dag,Nacht winkel,algemene voedingswaren,tabak.
- Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen;
- Fish-shop – meat-shop.
- Detailhandel in dranken in gespecialiseerde winkels,algemeen assortiment.
- Detailhandel in kledingaccessoires in gespecialiseerde winkels.
- Overige posterijen en koerier diensten,verhuisdiensten,taxi.
- Algemene aannemingswerken.
- Overige werkzaamheden in verband met de afwerking van gebouwen.
- Onderhoud en herstellingen van gebouwen.
- Schilderen van het binnen en buitenwerk van gebouwen.
- Import & Export over de wereld.
- Aankoop & verkoop tweedehands voertuigen.
- Uitbaten van een bar,koffiehuis,frisdranken,versnaperingen,warme dranken en allerlei andere verband houdende spijzen en dranken.
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Torhoutsesteenweg 89 registered office 8400 Ostend | 17-12-2021 | 2.328.143.322 | Retail trade |
Buildings and parcels at the address
- Ground area
- 93 m²
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 35384A0016/00M012 | 93 m² | - | - |
Recognitions
Food safety, FASFC
1 siteOstendunit number 2.328.143.322