BABAORUM
InactiveInactive; last annual accounts for fiscal year 2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 29-12-2025 was due by 29-07-2026 and was filed on 19-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
13 d late
2023
19 d late
2022
27 d late
2021
7 d late
2020
1 d late
2019
93 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€230k▼ 89.0%
2024 · €2.09M
2019: €79k
2020: €144k▲ +82.1% vs 2019
2021: €3.65M▲ +2437% vs 2020highest in 7 years
2022: €-10k▼ -100% vs 2021lowest in 7 years
2023: €335k▲ +3513% vs 2022
2024: €2.09M▲ +524% vs 2023
2025: €230k▼ -89.0% vs 2024
2019 → 2025
Working capital
€-5.32M▲ 4.1%
2024 · €-5.55M
2019: €-332k
2020: €-710k▼ -114% vs 2019
2021: €130k▲ +118% vs 2020highest in 7 years
2022: €-72k▼ -155% vs 2021
2023: €352▲ +100% vs 2022
2024: €-5.55M▼ -1575450% vs 2023lowest in 7 years
2025: €-5.32M▲ +4.1% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.10M-€4.09M▼ 0.2%€4.42M▲ 8.2%€6.50M▲ 47.1%€6.73M▲ 3.5%
2021: €4.10M
2022: €4.09M▼ -0.2% vs 2021lowest in 5 years
2023: €4.42M▲ +8.2% vs 2022
2024: €6.50M▲ +47.1% vs 2023
2025: €6.73M▲ +3.5% vs 2024highest in 5 years
Operating result€46k-€3k▼ 93.5%€345k▲ 11,464%€174k▼ 49.6%€-69k
2021: €46k
2022: €3k▼ -93.5% vs 2021
2023: €345k▲ +11464% vs 2022highest in 5 years
2024: €174k▼ -49.6% vs 2023
2025: €-69k▼ -140% vs 2024lowest in 5 years
Net result€3.65M-€-10k€335k€2.09M▲ 524%€230k▼ 89.0%
2021: €3.65Mhighest in 5 years
2022: €-10k▼ -100% vs 2021lowest in 5 years
2023: €335k▲ +3513% vs 2022
2024: €2.09M▲ +524% vs 2023
2025: €230k▼ -89.0% vs 2024
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €69k after €174k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.52M
Fixed assets
€12.05M =
Current assets
€470k ▼ 46.3%
Equity and liabilities €12.52M
Equity
€6.73M ▲ 3.5%
Debt
€5.79M ▼ 9.9%
Debt's share of the balance-sheet total falls from 49.7% to 46.2%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.08▼
2024 · 0.14
Debt to equity
0.86▼
2024 · 0.99
ROE
3.4%▼
2024 · 32.1%
ROA
1.8%▼
2024 · 16.1%
Debt ≤ 1 year
€5.79M▼
2024 · €6.43M
Income taxes
€90▼
2024 · €635k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€12.93M€12.52M▼
Fixed assets21/28€12.05M€12.05M=
Financial fixed assets28€12.05M€12.05M=
Current assets29/58€876k€470k▼
Amounts receivable after more than one year29€300k€0▼
Other amounts receivable291€300k€0▼
Amounts receivable within one year40/41€524k€469k▼
Trade receivables40€120k€0▼
Other amounts receivable41€403k€469k▲
Cash at bank and in hand54/58€53k€2k▼
Equity and liabilities
Total equity and liabilities10/49€12.93M€12.52M▼
Equity10/15€6.50M€6.73M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€6.39M€6.62M▲
Amounts payable17/49€6.43M€5.79M▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€6.43M€5.79M▼
Current portion of amounts payable after more than one year42€52k€0▼
Financial debts43€9k€0▼
Other loans439€9k€0▼
Trade debts44€111k€0▼
Suppliers440/4€111k€0▼
Taxes, remuneration and social security45€19k€0▼
Taxes450/3€19k€0▼
Other amounts payable47/48€6.24M€5.79M▼
Accrued charges and deferred income492/3€209€0▼
Income statement
Code20242025
Non-recurring operating income76A€304k€0▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€114k€-114k▼
Other operating charges640/8€50€164k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€288k€-19k▼
Operating profit (loss)9901€174k€-69k▼
Financial income75/76B€2.86M€590k▼
Recurring financial income75€4€590k▲
Non-recurring financial income76B€2.86M€0▼
Financial charges65/66B€312k€291k▼
Recurring financial charges65€312k€291k▼
Profit (loss) for the period before taxes9903€2.72M€230k▼
Income taxes67/77€635k€90▼
Profit (loss) for the period9904€2.09M€230k▼
Profit (loss) for the period to be appropriated9905€2.09M€230k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6.39M€6.62M▲
Profit (loss) brought forward from the previous period14P€4.31M€6.39M▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | €42k | €304k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €5k | €0 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €114k | €-114k | ▼ 200% |
| Other operating charges640/8 | - | €3k | €2k | €50 | €164k | ▲ 328,018% |
| Non-recurring operating charges66A | - | €0 | €4k | €0 | - | - |
| Gross operating margin9900 | €58k | €12k | €351k | €288k | €-19k | ▼ 107% |
| Operating profit (loss)9901 | €46k | €3k | €345k | €174k | €-69k | ▼ 140% |
| Financial income75/76B | - | €5k | €25 | €2.86M | €590k | ▼ 79.4% |
| Recurring financial income75 | €3.68M | €5k | €22 | €4 | €590k | ▲ 16,076,195% |
| Non-recurring financial income76B | - | - | €3 | €2.86M | €0 | ▼ 100% |
| Financial charges65/66B | - | €18k | €10k | €312k | €291k | ▼ 6.7% |
| Recurring financial charges65 | €16k | €18k | €10k | €312k | €291k | ▼ 6.7% |
| Profit (loss) for the period before taxes9903 | €3.66M | €-10k | €335k | €2.72M | €230k | ▼ 91.6% |
| Income taxes67/77 | €9k | €126 | €7 | €635k | €90 | ▼ 100.0% |
| Profit (loss) for the period9904 | €3.65M | €-10k | €335k | €2.09M | €230k | ▼ 89.0% |
| Profit (loss) for the period to be appropriated9905 | €3.65M | €-10k | €335k | €2.09M | €230k | ▼ 89.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.32M | €5.06M | €4.63M | €12.93M | €12.52M | ▼ 3.1% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €4.65M | €4.65M | €4.63M | €12.05M | €12.05M | = |
| Tangible fixed assets22/27 | €17k | €13k | €0 | - | - | - |
| Plant, machinery and equipment23 | - | €0 | - | - | - | - |
| Furniture and vehicles24 | - | €13k | €0 | - | - | - |
| Financial fixed assets28 | €4.63M | €4.63M | €4.63M | €12.05M | €12.05M | = |
| Current assets29/58 | €667k | €414k | €352 | €876k | €470k | ▼ 46.3% |
| Amounts receivable after more than one year29 | - | €0 | - | €300k | €0 | ▼ 100% |
| Other amounts receivable291 | - | €0 | - | €300k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €44k | €184k | €0 | €524k | €469k | ▼ 10.5% |
| Trade receivables40 | - | €30k | €0 | €120k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €154k | €0 | €403k | €469k | ▲ 16.2% |
| Cash at bank and in hand54/58 | €561k | €227k | €352 | €53k | €2k | ▼ 97.0% |
| Deferred charges and accrued income490/1 | - | €2k | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.32M | €5.06M | €4.63M | €12.93M | €12.52M | ▼ 3.1% |
| Equity10/15 | €4.10M | €4.09M | €4.42M | €6.50M | €6.73M | ▲ 3.5% |
| Contributions10/11 | €100k | €100k | €100k | €100k | €100k | = |
| Capital10 | - | €100k | €100k | €100k | €100k | = |
| Issued capital100 | - | €100k | €100k | €100k | €100k | = |
| Reserves13 | €10k | €10k | €10k | €10k | €10k | = |
| Non-distributable reserves130/1 | - | €10k | €10k | €10k | €10k | = |
| Legal reserve130 | - | €10k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €3.99M | €3.98M | €4.31M | €6.39M | €6.62M | ▲ 3.6% |
| Amounts payable17/49 | €1.22M | €973k | €206k | €6.43M | €5.79M | ▼ 9.9% |
| Amounts payable after more than one year17 | €645k | €444k | €206k | €0 | - | - |
| Financial debts170/4 | - | €240k | €206k | €0 | - | - |
| Other amounts payable178/9 | - | €205k | €0 | - | - | - |
| Amounts payable within one year42/48 | €537k | €485k | €0 | €6.43M | €5.79M | ▼ 9.9% |
| Current portion of amounts payable after more than one year42 | - | €201k | €0 | €52k | €0 | ▼ 100% |
| Financial debts43 | - | €12k | €0 | €9k | €0 | ▼ 100% |
| Credit institutions430/8 | - | €4k | €0 | - | - | - |
| Other loans439 | - | €8k | €0 | €9k | €0 | ▼ 100% |
| Trade debts44 | €20k | €26k | €0 | €111k | €0 | ▼ 100% |
| Suppliers440/4 | - | €26k | €0 | €111k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €20k | €0 | €19k | €0 | ▼ 100% |
| Taxes450/3 | - | €20k | €0 | €19k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €226k | €0 | €6.24M | €5.79M | ▼ 7.1% |
| Accrued charges and deferred income492/3 | - | €43k | €0 | €209 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3.65M | €-10k | €335k | €2.09M | €230k | ▼ 89.0% |
| + Depreciation and write-downs630 | €11k | €5k | €0 | - | - | - |
| Operating cash flow (approximation) | €3.66M | €-4k | €335k | €2.09M | €230k | ▼ 89.0% |
| Investment in fixed assets (approximation) | - | €-850 | €19k | €-7.43M | €0 | ▲ 100% |
| Change in cash | - | €-334k | €-227k | €52k | €-51k | ▼ 198% |
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
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 21 days late
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 13 days late
14-02
State Gazette act
Deed · Merger
Share cancellation · Share issue
2024
31-12
Financial
Equity above €5MEq €6.50M ▲47.1%
2 profitable years in a row build equity to €6.50M.
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 19 days late
2023
30-06
Financial
Back to profitnet €335k
Net result €335k after one loss-making year.
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
30-06
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
07-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 7 days late
2021
30-06
Financial
Highest result since 2019net €3.65M ▲2,437%
Net result €3.65M, the highest in the series.
30-06
Financial
Liquidity times 5current ratio 1.24
Current ratio from 0.24 to 1.24; short-term debt falls from €933k to €537k.
30-06
Financial
Equity above €2MEq €4.10M ▲820%
3 profitable years in a row build equity to €4.10M.
Show earlier events
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 1 day late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
13-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
24-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
27-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:TAKTIK