BABACAN
ActiveSummary
BABACAN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €81,306 and a net result of €85,127. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 15872 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability97▲+97
Solvency46▲+23
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.11 against 0.66 in 2023; short-term debt: 73.3% and cash: 31.1% of total assets), and 78.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
8 d early
2022
24 d early
2021
4 d early
2020
8 d early
2019
56 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 20 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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 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 What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€81,306
2023 · -€3,821
Total assets
€379,987▲ 69.2%
2023 · €224,526
Net result
€85,127
2023 · -€41,790
Working capital
€29,638
2023 · -€68,696
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€35,386€38,884▲ 9.9%€18,489▼ 52.5%-€33,064€98,735
Net result€26,279above the sector's middle half€29,702above the sector's middle half▲ 13.0%€10,751within the sector's middle half▼ 63.8%-€41,790below the sector's middle half€85,127above the sector's middle half
Equity-€2,484below the sector's middle half▲ 91.4%€27,218within the sector's middle half€37,969within the sector's middle half▲ 39.5%-€3,821below the sector's middle half€81,306within the sector's middle half
Total assets€299,024within the sector's middle half▲ 8.3%€304,183within the sector's middle half▲ 1.7%€251,106within the sector's middle half▼ 17.4%€224,526within the sector's middle half▼ 10.6%€379,987within the sector's middle half▲ 69.2%
Debt€301,507▼ 1.1%€276,965▼ 8.1%€213,136▼ 23.0%€228,347▲ 7.1%€298,682▲ 30.8%
Working capital-€61,870below the sector's middle half▲ 38.4%-€38,854below the sector's middle half▲ 37.2%-€16,105below the sector's middle half▲ 58.5%-€68,696below the sector's middle half▼ 327%€29,638within the sector's middle half
Solvency-0.8%below the sector's middle half▲ 9.6pp8.9%within the sector's middle half▲ 9.8pp15.1%within the sector's middle half▲ 6.2pp-1.7%below the sector's middle half▼ 16.8pp21.4%within the sector's middle half▲ 23.1pp
Current ratio0.79below the sector's middle half▲ 0.130.86below the sector's middle half▲ 0.060.92within the sector's middle half▲ 0.060.66below the sector's middle half▼ 0.271.11within the sector's middle half▲ 0.45
Return on assets (ROA)8.8%within the sector's middle half▲ 16.9pp9.8%within the sector's middle half▲ 1.0pp4.3%within the sector's middle half▼ 5.5pp-18.6%below the sector's middle half▼ 22.9pp22.4%above the sector's middle half▲ 41.0pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €98,735 after a loss of €33,064 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €379,987
Fixed assets
€71,703 ▼ 22.7%
Current assets
€308,284 ▲ 134%
Equity and liabilities €379,987
Equity
€81,306
Debt
€298,682
Debt finances 78.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€119,776▲
2023 · -€15,348
Cash flow
€106,168▲
2023 · -€24,074
Quick ratio
0.95▲
2023 · 0.66
Debt to equity
3.67▲
2023 · -59.76
ROE
104.7%
Interest coverage
8.87▲
2023 · -1.77
Debt ≤ 1 year
€278,646▲
2023 · €200,478
Debt > 1 year
€20,035▼
2023 · €27,869
Income taxes
€188▼
2023 · €278
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,053 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €2,400 | €1,750 | €1,092 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,681 | €12,664 | €11,997 | €17,716 | €21,041 | ▲ 18.8% |
| Other operating charges640/8 | - | €62 | €300 | €810 | €62 | ▼ 92.3% |
| Gross operating margin9900 | €57,770 | €54,010 | €32,537 | -€13,446 | €119,838 | ▲ 991% |
| Operating profit (loss)9901 | €35,386 | €38,884 | €18,489 | -€33,064 | €98,735 | ▲ 399% |
| Financial income75/76B | - | €140 | - | €211 | €87 | ▼ 58.6% |
| Recurring financial income75 | €62 | €140 | - | €211 | €87 | ▼ 58.6% |
| Financial charges65/66B | - | €8,942 | €7,337 | €8,659 | €13,508 | ▲ 56.0% |
| Recurring financial charges65 | €8,531 | €8,942 | €7,337 | €8,659 | €13,508 | ▲ 56.0% |
| Profit (loss) for the period before taxes9903 | €26,917 | €30,083 | €11,153 | -€41,512 | €85,314 | ▲ 306% |
| Income taxes67/77 | €638 | €381 | €401 | €278 | €188 | ▼ 32.6% |
| Profit (loss) for the period9904 | €26,279 | €29,702 | €10,751 | -€41,790 | €85,127 | ▲ 304% |
| Profit (loss) for the period to be appropriated9905 | €26,279 | €29,702 | €10,751 | -€41,790 | €85,127 | ▲ 304% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €299,024 | €304,183 | €251,106 | €224,526 | €379,987 | ▲ 69.2% |
| Fixed assets21/28 | €59,387 | €66,072 | €54,075 | €92,744 | €71,703 | ▼ 22.7% |
| Tangible fixed assets22/27 | €59,387 | €66,072 | €54,075 | €92,744 | €71,703 | ▼ 22.7% |
| Plant, machinery and equipment23 | - | €56,817 | €45,803 | €34,059 | €23,976 | ▼ 29.6% |
| Furniture and vehicles24 | - | €9,254 | €8,272 | €58,685 | €47,728 | ▼ 18.7% |
| Current assets29/58 | €239,637 | €238,111 | €197,031 | €131,782 | €308,284 | ▲ 134% |
| Stocks and contracts in progress3 | - | - | - | - | €44,883 | - |
| Stocks30/36 | - | - | - | - | €44,883 | - |
| Amounts receivable within one year40/41 | €207,469 | €143,704 | €157,249 | €68,942 | €145,188 | ▲ 111% |
| Trade receivables40 | - | €143,704 | €157,249 | €64,336 | €130,755 | ▲ 103% |
| Other amounts receivable41 | - | - | - | €4,607 | €14,433 | ▲ 213% |
| Cash at bank and in hand54/58 | €32,168 | €94,041 | €39,563 | €62,839 | €118,213 | ▲ 88.1% |
| Deferred charges and accrued income490/1 | - | €366 | €218 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €299,024 | €304,183 | €251,106 | €224,526 | €379,987 | ▲ 69.2% |
| Equity10/15 | -€2,484 | €27,218 | €37,969 | -€3,821 | €81,306 | ▲ 2,228% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€22,944 | €6,758 | €17,509 | -€24,281 | €60,846 | ▲ 351% |
| Amounts payable17/49 | €301,507 | €276,965 | €213,136 | €228,347 | €298,682 | ▲ 30.8% |
| Amounts payable after more than one year17 | - | - | - | €27,869 | €20,035 | ▼ 28.1% |
| Financial debts170/4 | - | - | - | €27,869 | €20,035 | ▼ 28.1% |
| Amounts payable within one year42/48 | €301,507 | €276,965 | €213,136 | €200,478 | €278,646 | ▲ 39.0% |
| Current portion of amounts payable after more than one year42 | - | €175,000 | €175,000 | €182,411 | €182,834 | ▲ 0.2% |
| Trade debts44 | €77,709 | €52,376 | €13,890 | - | €72,605 | - |
| Suppliers440/4 | - | €52,376 | €13,890 | - | €72,605 | - |
| Taxes, remuneration and social security45 | - | €1,378 | €1,679 | €2,294 | €921 | ▼ 59.9% |
| Taxes450/3 | - | €1,378 | €1,679 | €2,294 | €921 | ▼ 59.9% |
| Other amounts payable47/48 | - | €48,210 | €22,567 | €15,772 | €22,287 | ▲ 41.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,279 | €29,702 | €10,751 | -€41,790 | €85,127 | ▲ 304% |
| + Depreciation and write-downs630 | €17,681 | €12,664 | €11,997 | €17,716 | €21,041 | ▲ 18.8% |
| Operating cash flow (approximation) | €43,960 | €42,366 | €22,748 | -€24,074 | €106,168 | ▲ 541% |
| Investment in fixed assets (approximation) | - | -€19,349 | €0 | -€56,385 | €0 | ▲ 100% |
| Change in cash | - | €61,873 | -€54,477 | €23,276 | €55,373 | ▲ 138% |
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
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €85,127
Net result €85,127 after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€41,790
Net result drops to -€41,790, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €26,279
Net result €26,279 after one loss-making year.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Tessenderlo-Ham · 1 establishment unit since 2008
Ground area
1,132 m²
Building footprint
417 m²
Volume, LiDAR
1,739 m³
Parcel 71046A1527/00M000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BABACAN VLEES VAN TOPKWALITEIT SLAGERIJ
since 20082.171.161.787
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71046A1527/00M000 | Flanders | 1,132 m² | 1 · 417 m² | 10.1 m · 1 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 siteTessenderlo-Ham2.171.161.787
Dual-learning approval
1 endedWinkelbediende (so)
Similar companies · same sector, comparable size
FAISAN GRIS
BE 0898.795.862
Mouscron · Eq €81,887
ISLAKIP
BE 0738.959.856
Sint-Jans-Molenbeek · Eq €79,846
NEW-NOUR
BE 0648.752.430
Kortrijk · Eq €77,654
DIET FOOD
BE 0896.248.920
Jette · Eq €76,173
Gustobel
BE 0837.903.321
Roeselare · Eq €67,808
Of 184 companies in sector 46322 we hold annual accounts for 132. 75 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
Founded27-05-2008
Fiscal year end31-12
Activities, NACEBEL 2025
46322Wholesale trade
46349Wholesale of beverages, general range
46370Wholesale trade
46391Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0898165263
Also
9925:BE0898165263
Registered
16-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.