Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Of this, €148,624 falls due within a year.
Lower net result than 95% of companies in food and beverage service. Sector median €4,886 · 17,134 companies.
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 9% of them on solvency, 7% on liquidity and 8% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 7,639 companies had the same profile as BaBb has now. Each dot stands for 20 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BaBb itself: 8.9% within 12 months.
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,639 companies, not a prediction for BaBb. 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.
Liquidity is insufficient, with a current ratio of 0.1, below 1. Short-term debt is 136% and cash 4.9% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| BaBb Ixelles | €109,249 | -€13,349 | -69.9% | - |
| Amore Pasta Gioia Ixelles | €108,965 | -€18,449 | -74.9% | - |
| OBJECTIFS LUNE Evere | €118,262 | -€14,406 | 23.6% | - |
| Wow Kitchen Arendonk | €112,718 | -€16,669 | -30.7% | - |
| RJ Pasta Bar Arlon | €124,046 | -€36,354 | -52.8% | - |
| Shine Antwerp | €93,284 | -€10,709 | -39.4% | - |
| (first love yourself) Brussels | €87,902 | -€2,409 | -34.0% | - |
These companies have the same main activity as BaBb: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €87,900 and €124,000, founded in 2024.
The computed 12-month bankruptcy probability of BaBb is 8.9% (elevated). The 2025 annual accounts show negative equity (-€76,409) and a net result of -€81,409.
Its solvency ranks better than 12% of 17,158 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 12% of 17,158 companies in 2025.
Lower than 95% of 16,582 companies in 2025.
Lower than 95% of 16,665 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 22 people joined and 20 left.
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
109,249 | |
21/28 |
93,788 | |
22/27 |
93,598 | |
23 |
16,794 | |
24 |
5,991 | |
26 |
70,813 | |
28 |
190 | |
29/58 |
15,461 | |
3 |
1,236 | |
30/36 |
1,236 | |
40/41 |
7,944 | |
40 |
6,872 | |
41 |
1,072 | |
54/58 |
5,395 | |
490/1 |
886 | |
| Balance sheet: equity and liabilities | ||
10/49 |
109,249 | |
10/15 |
-76,409 | |
10/11 |
5,000 | |
14 |
-81,409 | |
17/49 |
185,658 | |
17 |
36,767 | |
170/4 |
35,267 | |
178/9 |
1,500 | |
42/48 |
148,624 | |
42 |
17,155 | |
44 |
54,789 | |
440/4 |
54,789 | |
45 |
15,449 | |
450/3 |
2,626 | |
454/9 |
12,823 | |
47/48 |
61,231 | |
492/3 |
266 | |
| Income statement | ||
9900 |
-13,349 | |
62 |
43,009 | |
630 |
16,177 | |
640/8 |
2,316 | |
66A |
793 | |
9901 |
-75,645 | |
75/76B |
136 | |
75 |
136 | |
65/66B |
5,901 | |
65 |
5,901 | |
9903 |
-81,409 | |
9904 |
-81,409 | |
9905 |
-81,409 | |
| Appropriation of the result | ||
9906 |
-81,409 | |
| Social balance sheet | ||
9087 |
1.9 | |
Hours worked1013 |
1,848 | |
| Document | ||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00543293.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00543293 |
| Line | Trend | 2025 |
|---|---|---|
| -59,467 | ||
| -65,231 | ||
| 109,966 | ||
| -133,164 | ||
| -69.9% | ||
| 0.10 | ||
| 0.10 | ||
| -74.5% | ||
| -10.08 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 2 |
| full-time | 1 |
| part-time | 1 |
| in full-time equivalents | 1.5 |
| 0.9 | |
| On a permanent contract | 1 |
| Joined | 22 |
| Left | 20 |
Source: social balance sheet in the 2025 annual accounts
| Item | 2025 |
|---|---|
| Tangible fixed assets | €109,776 |
| Financial fixed assets | €190 |
| €16,177 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Equity is negative. Debt (€185,658) exceeds the balance-sheet total (€109,249).
BaBb has no parent and no holdings in its annual accounts.
| LE TYPOGRAPHE
establishment since 22-02-2016 · founded in 2012 |
total assets €426,302 (2025) 0846.539.982 |
| MBP CATERING via BALASI Bertrand Léon Yvan Christiane, no longer at MBP CATERING · Director and proxy holder · deed of 15-01-2019 founded in 2019 |
total assets €184,726 (2025) |
The network starts from the earlier ties.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Kasteleinsplein 28 registered office 1050 Ixelles | 01-07-2024 | 2.364.224.550 | Catering |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21447B0232/00Z002 | 56 m² | 1 · 42 m² | 12.5 m · 3 |
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