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Babaco

Open bankruptcy
Private limited companyfounded 2018Sleidinge-Dorp 99, 9940 Evergem, BelgiumKBO/BCE: BE 0694.990.251

A bankruptcy procedure is open for Babaco according to publications in the Belgian Official Gazette; trustee: Sara Aelbrecht.

Summary

The 2020 annual accounts show negative equity (-€24,918) and a net result of €5,640.

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BabacoOpen bankruptcy
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Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
19 April 2022
Supervising judge
Isabelle Van Vooren
Official Gazette
25-04-2022 (pdf) ↗search the document for 2022/114574

Deadlines

Provisional date payments stopped
17 March 2022Payments and security you received since that day can in some cases be challenged by the trustee. A later judgment can change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
Appeal or third-party opposition until
passed on 10 May 2022Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 19 May 2022art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 24 May 2022Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 19 April 2023A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€179,499total assets 2020
Staff
3.1 FTE
Equity
-€24,918
Profit
€5,640
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
6 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcy2020 accounts filed 81 days lateShow the evidence

Signals

Two signals.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
raises risk · 2020 accounts filed 81 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 20-10-2021, 81 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2020
81 days late
2019
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 53 days after the deadline; the sector median (NACE 56) for financial year 2020 is 23 days after the deadline, and 61% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Ghent, Ghent…
  2. Annual accounts filedfinancial year 2020 · micro…
  3. Back to profitnet €5,640

Key points

  • Risk: Declared bankrupttrustee: Sara Aelbrecht 19-04-2022 View
  • Positive: Back in profit in 2020after -€49,158 in 2019 €5,640 View
  • Total assets 20202 financial years filed €179,499 View

By topic

Financials

Financial year
2020
Total assets
€179,499
Profit
€5,640
Solvency
-13.9%
Total assets▼ 54.7%
Net result
20192020
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
23-04-2018
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about Babaco

What is the company number of Babaco?
0694.990.251. In Belgium the VAT number is the company number with BE in front: BE 0694.990.251.
Where was Babaco based?
The last known address of the registered office is Sleidinge-Dorp 99, 9940 Evergem.Company details
What does Babaco do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of Babaco?
Private limited company (BV).
When was Babaco founded?
On 23-04-2018.
Is Babaco still active?
A bankruptcy is running: a bankruptcy trustee manages the company.
How many employees did Babaco have?
On average 3.1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of Babaco?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Babaco profitable?
In financial year 2020, Babaco made a profit of €5,640.
Where can I find the annual accounts of Babaco?
Babaco filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2020.

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Go further with this company

Who ran this company, and where was it based, on a given date before it ended?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the full-service restaurants sector doing?Sector figures

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