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BABAO

Active Private limited company (pre-2019)founded 2016active for 10 yearsLesbroussartstraat 49, 1050 IxellesKBO/BCE: BE 0659.999.480

Lifetime

9 annual accounts with figures on one time axis
peak €411,756 (2022)
€396,928▲ 10.9%
lowest -€50,981 (2023)
€9,514▲ 111%
peak €179,340 (2022)
€134,035▲ 6.5%
€126,908▼ 21.8%
Board2 names since 2016
- 
Documentsfilings and deeds
30-09-202661 days late
2025abbreviated format
Result from €4,514 to €9,514Debts from €162,365 to €126,908

Key points

from the 2025 annual accounts

Turnover

≈ €940,000 estimated

The accounts state no turnover.

Filings

9 annual accounts 61 days
AprilJune31 JulyOctober20202025

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,902 companies had the same profile as BABAO has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
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.

The companies in ten equal groups, from the lowest to the highest expected share
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 10,902 companies, not a prediction for BABAO. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

last known board
Manager, last mentioned in 2017
  • 50 sharesdeed of 03-03-2022
  • 50 sharesdeed of 03-03-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0659999480
Registered office moved within Ixelles New registered office: rue Lesbroussart 49, 1050 Ixelles · Previous registered office: Av.Gén.Médecin Derache, 25 bte 1 à 1050 Ixelles · General meeting of 11-10-2024 · Gazette deed
Share transfer Transfer of shares from to · holds 50 shares · holds 50 shares · General meeting of 14-02-2022 · Gazette deed
Appointment: (manager) holds 65.05 shares · holds 34.95 shares · General meeting of 19-09-2017 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
BABAO Ixelles - - 51.4% -
AMEN RESTAURANT Ixelles - - -160.3% -
BISTRO COCINA Ixelles - - 17.2% 8.5
DONI & DRINI Ganshoren €1.1m 4.0% 12.3% -
BARBONE Ganshoren €1.8m 1.3% -13.0% -
THAI CAFE FORT-JACO Uccle - - 17.0% 10.5
RAC BENELUX Brussels - - 65.9% -

These companies have the same main activity as BABAO: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €235,000 and €287,000, founded between 2014 and 2018.

Official details

Source: KBO
Status
Active since 29-07-2016Normal situation
Activity
Full-service restaurantsNACE 56111and 2 others
Establishment unit
2.265.704.3231050 Ixelles, since 10-07-2017
Financial year end
31 December
Peppol
Reachable since 13-12-2025
Company details

Annual accounts 2025

€260,942▼ 9.5%
Filing
Filed on 30-09-2026
Financials

Insights on BABAO

BABAO files the abbreviated format. That format states no turnover. The gross margin rose from €57,819 in 2017 to €396,928 in 2025.

The balance sheet grew most from 2019 to 2021 through fixed assets.

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 BABAO

What is the company number of BABAO?
The company number of BABAO is 0659.999.480. The VAT number is the same number with BE in front: BE 0659.999.480.
Where is BABAO based?
The registered office is at Lesbroussartstraat 49, 1050 Ixelles.Company details
What does BABAO do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of BABAO?
BABAO is a private limited company (pre-2019) (BVBA).
When was BABAO founded?
BABAO was founded on 29-07-2016.
Is BABAO still active?
Yes, BABAO is an active enterprise in the KBO register.
What is the turnover of BABAO?
The turnover in financial year 2025 is ≈ €940,000. This figure is estimated from the gross margin of €396,928 and 40 comparable companies (NACE 56111). It probably lies between €880,000 and €1.3m.Financials
Is BABAO profitable?
In financial year 2025, BABAO made a profit of €9,514.
Where can I find the annual accounts of BABAO?
BABAO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BABAO due?
BABAO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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