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BABBEL

Inactive
KBO/BCE: BE 0668.598.333

BABBEL was declared bankrupt on 07-03-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 24-12-2024, published in the Belgian State Gazette on 08-01-2025.

Summary

Inactive; last annual accounts for fiscal year 2019.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 14-07-2020, 17 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 17 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

BABBEL has filed 3 sets of annual accounts, the latest for fiscal year 2019.1 On 7 March 2023 the company was declared bankrupt; the bankruptcy was closed on 24 December 2024.23

  1. 1National Bank, annual accounts 2019
  2. 2Belgian State Gazette, 14-03-2023
  3. 3Belgian State Gazette, 08-01-2025

Financials · fiscal year 2019, micro schema

Equity
€15,493▲ 239%
2018 · €4,572
Total assets
€17,761▲ 173%
2018 · €6,516
Net result
-€1,479
2018 · €1,962
Working capital
€15,493▲ 314%
2018 · €3,746
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019
Operating result€2,127--€1,261
Net result€1,962--€1,479
Equity€4,572-€15,493▲ 239%
Total assets€6,516-€17,761▲ 173%
Debt€1,944-€2,268▲ 16.6%
Working capital€3,746-€15,493▲ 314%
Staff (FTE)1
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000-€1,000€0€1,000€2,000Operating result 2018: €2,127€2,127Net result 2018: €1,962€1,962Operating result 2019: -€1,261-€1,261Net result 2019: -€1,479-€1,47920182019-€2,000-€1,000€0€1,000€2,000Operating result 2018: €2,127€2,130Net result 2018: €1,962€1,960Operating result 2019: -€1,261-€1,260Net result 2019: -€1,479-€1,48020182019
The operating result turns negative in 2019: a loss of €1,261 after €2,127 in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Equity and liabilities €17,761
Equity €15,493 ▲ 239%
Debt €2,268 ▲ 16.6%
Debt's share of the balance-sheet total falls from 29.8% to 12.8%. Equity and debt are higher.
Key figures and ratios
2019 value · change against 2018
EBITDA
-€435▼
2018 · €3,028
Cash flow
-€653▼
2018 · €2,863
Current ratio
7.83▲
2018 · 2.93
Quick ratio
6.74▲
2018 · 2.00
ROE
-9.5%▼
2018 · 42.9%
ROA
-8.3%▼
2018 · 30.1%
Debt ≤ 1 year
€2,268▲
2018 · €1,944
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 22 lines
Balance sheet Code20182019
Assets
Total assets20/58€6,516€17,761▲
Fixed assets21/28€826-
Tangible fixed assets22/27€826-
Current assets29/58€5,690€17,761▲
Stocks and contracts in progress3€1,798€2,472▲
Amounts receivable within one year40/41€586-
Cash at bank and in hand54/58€3,306€15,289▲
Equity and liabilities
Total equity and liabilities10/49€6,516€17,761▲
Equity10/15€4,572€15,493▲
Contributions10/11€6,200€18,600▲
Profit (loss) carried forward14-€1,628-€3,107▼
Amounts payable17/49€1,944€2,268▲
Amounts payable within one year42/48€1,944€2,268▲
Trade debts44€366€202▼
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€901€826▼
Gross operating margin9900€20,288€23,381▲
Operating profit (loss)9901€2,127-€1,261▼
Recurring financial income75-€13
Recurring financial charges65€165€230▲
Profit (loss) for the period before taxes9903€1,962-€1,479▼
Profit (loss) for the period9904€1,962-€1,479▼
Profit (loss) for the period to be appropriated9905€1,962-€1,479▼
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€901€826▼ 8.3%
Gross operating margin9900€20,288€23,381▲ 15.2%
Operating profit (loss)9901€2,127-€1,261▼ 159%
Recurring financial income75-€13-
Recurring financial charges65€165€230▲ 39.4%
Profit (loss) for the period before taxes9903€1,962-€1,479▼ 175%
Profit (loss) for the period9904€1,962-€1,479▼ 175%
Profit (loss) for the period to be appropriated9905€1,962-€1,479▼ 175%
Line20182019Change
Assets
Total assets20/58€6,516€17,761▲ 173%
Fixed assets21/28€826--
Tangible fixed assets22/27€826--
Current assets29/58€5,690€17,761▲ 212%
Stocks and contracts in progress3€1,798€2,472▲ 37.5%
Amounts receivable within one year40/41€586--
Cash at bank and in hand54/58€3,306€15,289▲ 362%
Equity and liabilities
Total equity and liabilities10/49€6,516€17,761▲ 173%
Equity10/15€4,572€15,493▲ 239%
Contributions10/11€6,200€18,600▲ 200%
Profit (loss) carried forward14-€1,628-€3,107▼ 90.8%
Amounts payable17/49€1,944€2,268▲ 16.6%
Amounts payable within one year42/48€1,944€2,268▲ 16.6%
Trade debts44€366€202▼ 44.7%
Line20182019Change
Profit (loss) for the period9904€1,962-€1,479▼ 175%
+ Depreciation and write-downs630€901€826▼ 8.3%
Operating cash flow (approximation)€2,863-€653▼ 123%
Change in cash-€11,983-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
08-01
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 24-12-2024
2023
15-12
KBO administration Address struck
Lt. Graffplein 15 1780 Die Sitzadresse Place Lt. Graff 15 1780 Wemmel · event 14-06-2023
14-03
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 07-03-2023
2020
14-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Liquidity triplescurrent ratio 7.83
Current ratio from 2.93 to 7.83.
19-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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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Directors · office · real estate

Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint

Insolvency mandates

1 mandate
Role Name Tenure
Curator SYLVIA LAGROU
JOZEF VAN ELEWIJCKSTRAAT 86 BUS 6, 1853 STROMBEEK-BEVER
07-03-2023 → 24-12-2024

Identification & contact

Identification
Legal formBVBA
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.