BABATI

Active

Private limited companyfounded 20188 yrs activeBlaesstraat 190, 1000 Brussel, BelgiumKBO/BCE: BE 0697.970.428

The computed 12-month bankruptcy probability of BABATI is 5.3% (elevated). The annual accounts of BABATI for fiscal year 2024 show a net loss of 62% of total assets. The 2024 annual accounts show equity of €6k and a net result of €-5k. Equity is shrinking by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 18942 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

55 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-21

Solvency100=

Growth32=

Track record100

Bankruptcy probability, 12 months

5.3% Elevated

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity ample (current ratio 5.12 against 73.12 in 2023; short-term debt: 19.5% and cash: 87.4% of total assets), and 19.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

80.5%

Return on assets

-61.6%

Age of the figures

21 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

21222324

2021 to 2024 · latest year €-5k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-08-2025, 15 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

15 d late

2023

31 d late

2022

61 d late

2021

2 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€6k▼ 43.3%

2023 · €10k

2021: €15k 2022: €11k 2023: €10k

2021 → 2024

Total assets

€7k▼ 30.6%

2023 · €11k

2021: €22k 2022: €15k 2023: €11k

2021 → 2024

Net result

€-5k▼ 530%

2023 · €-721

2021: €10k 2022: €-4k 2023: €-721

2021 → 2024

Working capital

€6k▼ 43.3%

2023 · €10k

2021: €15k 2022: €11k 2023: €10k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€15k-€11k▼ 27.4%€10k▼ 6.4%€6k▼ 43.3%

Operating result€10k-€-4k€-598▲ 84.8%€-5k▼ 660%

Net result€10k-€-4k€-721▲ 82.9%€-5k▼ 530%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €5k in 2024 against €598 in 2023; the loss grows and 2024 has the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €7k

80.5%

19.5%

Equity €6k▼ 43.3%

Debt €1k▲ 891%

The debt ratio rises from 1.4% to 19.5%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

Solvency

80.5%▼

2023 · 98.6%

Current ratio

5.12▼

2023 · 73.12

Quick ratio

4.73▼

2023 · 70.02

Debt / equity

0.24▲

2023 · 0.01

ROE

-76.5%▼

2023 · -6.9%

ROA

-61.6%▼

2023 · -6.8%

Debt

€1k▲

2023 · €145

Debt ≤ 1 year

€1k▲

2023 · €145

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€11k€7k▼

Current assets29/58€11k€7k▼

Stocks and contracts in progress3€451€571▲

Stocks30/36€451€571▲

Amounts receivable within one year40/41€359€359=

Other amounts receivable41€359€359=

Cash at bank and in hand54/58€10k€6k▼

Equity and liabilities

Total equity and liabilities10/49€11k€7k▼

Equity10/15€10k€6k▼

Contributions10/11€6k€6k=

Profit (loss) carried forward14€4k€-261▼

Amounts payable17/49€145€1k▲

Amounts payable within one year42/48€145€1k▲

Trade debts44€145€1k▲

Suppliers440/4€145€1k▲

Income statement Code20232024

Gross operating margin9900€-598€-5k▼

Operating profit (loss)9901€-598€-5k▼

Financial charges65/66B€124-

Recurring financial charges65€124-

Profit (loss) for the period before taxes9903€-721€-5k▼

Profit (loss) for the period9904€-721€-5k▼

Profit (loss) for the period to be appropriated9905€-721€-5k▼

Appropriation of the result

Profit (loss) to be appropriated9906€4k€-261▼

Profit (loss) brought forward from the previous period14P€5k€4k▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

15-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 15 days late

2024

31-12

Financial Weakest financial yearnet €-5k

Net result drops to €-5k, the lowest in the series.

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

31-12

Financial Liquidity times 17current ratio 73.12

Current ratio from 4.27 to 73.12; short-term debt falls from €3k to €145.

30-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 61 days late

2022

02-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 2 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

10-06-2025 Nahhas Saleh: Resigned as Director

31-03-2021 OULAD BEN CHAHEBOUNI Mounia: Resigned as Director

26-06-2020 HASSUN Redouane: Resigned as Managing director

30-06-2018 ABDELLATI Mohamed: Resigned as Manager

Location & real-estate footprint

Registered office, Brussel · 1 establishment unit since 2018

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Blaesstraat 1901000 Brussel

Ground area

172 m²