BABBYLON
Open bankruptcyA bankruptcy procedure is open for BABBYLON according to publications in the Belgian State Gazette; curator: HANS UBBEN.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 07-09-2021, 38 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
38 d late
2018
57 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
€6k
EBIT margin
-59.7%
Net result
€12k
2018 · €-4k
2018: €-4k
2018 → 2020
Working capital
€8k
2018 · €-3k
2018: €-3k
2018 → 2020
Multi-year overview
Available amounts per fiscal year
Line20182020Trend
Turnover€6k-
Equity€-3k-€8k
Operating result€-4k-€13k
Net result€-4k-€12k
Result per fiscal year
Operating resultNet result
The operating result is €13k in 2020, compared with €-4k in 2018. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
Equity and liabilities €12k
Equity
€8k
Debt
€4k
Debt finances 32.7% of the balance-sheet total.
Key figures and ratios
Current ratio
3.06
ROE
148.4%
ROA
99.9%
Debt ≤ 1 year
€4k▼
2018 · €5k
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 · 2020 against 2018 · 17 lines
Balance sheet
Code20182020
Assets
Total assets20/58€2k€12k▲
Current assets29/58€2k€12k▲
Cash at bank and in hand54/58€2k€12k▲
Equity and liabilities
Total equity and liabilities10/49€2k€12k▲
Equity10/15€-3k€8k▲
Contributions10/11€19k-
Profit (loss) carried forward14€-21k€-10k▲
Amounts payable17/49€5k€4k▼
Amounts payable within one year42/48€5k€4k▼
Trade debts44€663€1k▲
Income statement
Code20182020
Turnover70€6k-
Gross operating margin9900€-4k€13k▲
Operating profit (loss)9901€-4k€13k▲
Recurring financial charges65€129€180▲
Profit (loss) for the period before taxes9903€-4k€12k▲
Profit (loss) for the period9904€-4k€12k▲
Profit (loss) for the period to be appropriated9905€-4k€12k▲
Timeline · acts, filings and financial milestones
2023
25-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 19-10-2023
2021
07-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 38 days late
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 3.06
Current ratio from 0.45 to 3.06; short-term debt falls from €5k to €4k.
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 57 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 61 days late
2016
28-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 150 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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 | HANS UBBEN PLANTINKAAI 24, 2000 ANTWERPEN 1- |
19-10-2023 → present |