BABEL
ActiveSummary
BABEL has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €-11k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 64% of 13417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability24▼-62
Solvency71▲+11
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.65 in 2024; short-term debt: 31.1% and cash: 39.2% of total assets), but 53.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
46.1%
Return on assets
-7.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
26 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
39 d early
2019
45 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€64k▼ 14.7%
2024 · €76k
2018: €67k
2019: €56k▼ -16.4% vs 2018
2020: €38k▼ -33.1% vs 2019lowest in 8 years
2021: €58k▲ +52.6% vs 2020
2022: €85k▲ +47.3% vs 2021
2023: €91k▲ +7.7% vs 2022highest in 8 years
2024: €76k▼ -17.2% vs 2023
2025: €64k▼ -14.7% vs 2024
2018 → 2025
Total assets
€140k▼ 36.1%
2024 · €219k
2018: €81k
2019: €75k▼ -8.2% vs 2018lowest in 8 years
2020: €75k▲ +0.4% vs 2019
2021: €119k▲ +58.7% vs 2020
2022: €135k▲ +13.4% vs 2021
2023: €125k▼ -7.6% vs 2022
2024: €219k▲ +75.7% vs 2023highest in 8 years
2025: €140k▼ -36.1% vs 2024
2018 → 2025
Net result
€-11k
2024 · €30k
2018: €13k
2019: €12k▼ -11.0% vs 2018
2020: €-19k▼ -256% vs 2019lowest in 8 years
2021: €20k▲ +206% vs 2020
2022: €27k▲ +37.2% vs 2021
2023: €7k▼ -76.0% vs 2022
2024: €30k▲ +365% vs 2023highest in 8 years
2025: €-11k▼ -137% vs 2024
2018 → 2025
Working capital
€37k▼ 36.5%
2024 · €58k
2018: €62k
2019: €51k▼ -17.7% vs 2018
2020: €32k▼ -36.6% vs 2019lowest in 8 years
2021: €52k▲ +61.9% vs 2020
2022: €78k▲ +50.1% vs 2021highest in 8 years
2023: €77k▼ -1.7% vs 2022
2024: €58k▼ -24.3% vs 2023
2025: €37k▼ -36.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€85k▲ 47.3%€91k▲ 7.7%€76k▼ 17.2%€64k▼ 14.7%
2021: €58klowest in 5 years
2022: €85k▲ +47.3% vs 2021
2023: €91k▲ +7.7% vs 2022highest in 5 years
2024: €76k▼ -17.2% vs 2023
2025: €64k▼ -14.7% vs 2024
Operating result€20k-€28k▲ 41.6%€9k▼ 67.1%€44k▲ 384%€-2k
2021: €20k
2022: €28k▲ +41.6% vs 2021
2023: €9k▼ -67.1% vs 2022
2024: €44k▲ +384% vs 2023highest in 5 years
2025: €-2k▼ -105% vs 2024lowest in 5 years
Net result€20k-€27k▲ 37.2%€7k▼ 76.0%€30k▲ 365%€-11k
2021: €20k
2022: €27k▲ +37.2% vs 2021
2023: €7k▼ -76.0% vs 2022
2024: €30k▲ +365% vs 2023highest in 5 years
2025: €-11k▼ -137% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €44k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets
€60k ▼ 15.8%
Current assets
€80k ▼ 45.7%
Equity and liabilities €140k
Equity
€64k ▼ 14.7%
Debt
€75k ▼ 47.3%
Debt's share of the balance-sheet total falls from 65.5% to 53.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €50k
Cash flow
€4k▼
2024 · €36k
Current ratio
1.85▲
2024 · 1.65
Quick ratio
1.76▲
2024 · 1.61
Debt to equity
1.17▼
2024 · 1.90
ROE
-17.2%▼
2024 · 40.1%
ROA
-7.9%▼
2024 · 13.9%
Interest coverage
1.84▼
2024 · 7.82
Debt ≤ 1 year
€43k▼
2024 · €90k
Debt > 1 year
€32k▼
2024 · €42k
Income taxes
€3k▼
2024 · €9k
Staff costs
€253▼
2024 · €2k
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€219k€140k▼
Fixed assets21/28€71k€60k▼
Tangible fixed assets22/27€65k€54k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€59k€48k▼
Financial fixed assets28€5k€5k=
Current assets29/58€148k€80k▼
Amounts receivable after more than one year29€12k-
Other amounts receivable291€12k-
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€33k€17k▼
Other amounts receivable41€33k€17k▼
Cash at bank and in hand54/58€94k€55k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€219k€140k▼
Equity10/15€76k€64k▼
Contributions10/11€59k€59k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Profit (loss) carried forward14€10k€-960▼
Amounts payable17/49€143k€75k▼
Amounts payable after more than one year17€42k€32k▼
Financial debts170/4€42k€32k▼
Amounts payable within one year42/48€90k€43k▼
Current portion of amounts payable after more than one year42€10k€11k▲
Trade debts44€14k€30▼
Suppliers440/4€14k€30▼
Taxes, remuneration and social security45€20k€30k▲
Taxes450/3€20k€30k▲
Other amounts payable47/48€46k€3k▼
Accrued charges and deferred income492/3€11k-
Income statement
Code20242025
Remuneration, social security and pensions62€2k€253▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€15k▲
Other operating charges640/8€8k€4k▼
Gross operating margin9900€61k€17k▼
Operating profit (loss)9901€44k€-2k▼
Financial income75/76B€1k€843▼
Recurring financial income75€1k€843▼
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€39k€-8k▼
Income taxes67/77€9k€3k▼
Profit (loss) for the period9904€30k€-11k▼
Profit (loss) for the period to be appropriated9905€30k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€-960▼
Profit (loss) brought forward from the previous period14P€26k€10k▼
Profit to be distributed694/7€46k-
Return on contributions (dividend)694€46k-
The notes to these accounts (9 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €6k | €7k | €843 | €2k | €253 | ▼ 89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €80 | €136 | €883 | €5k | €15k | ▲ 173% |
| Other operating charges640/8 | €1k | €3k | €3k | €8k | €4k | ▼ 55.0% |
| Gross operating margin9900 | €27k | €38k | €14k | €61k | €17k | ▼ 72.7% |
| Operating profit (loss)9901 | €20k | €28k | €9k | €44k | €-2k | ▼ 105% |
| Financial income75/76B | €1k | €881 | €477 | €1k | €843 | ▼ 28.8% |
| Recurring financial income75 | €1k | €881 | €477 | €1k | €843 | ▼ 28.8% |
| Financial charges65/66B | €697 | €805 | €783 | €6k | €7k | ▲ 7.0% |
| Recurring financial charges65 | €697 | €805 | €783 | €6k | €7k | ▲ 7.0% |
| Profit (loss) for the period before taxes9903 | €20k | €28k | €9k | €39k | €-8k | ▼ 121% |
| Income taxes67/77 | €247 | €759 | €2k | €9k | €3k | ▼ 69.4% |
| Profit (loss) for the period9904 | €20k | €27k | €7k | €30k | €-11k | ▼ 137% |
| Profit (loss) for the period to be appropriated9905 | €20k | €27k | €7k | €30k | €-11k | ▼ 137% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €119k | €135k | €125k | €219k | €140k | ▼ 36.1% |
| Fixed assets21/28 | €5k | €7k | €14k | €71k | €60k | ▼ 15.8% |
| Tangible fixed assets22/27 | - | €1k | €9k | €65k | €54k | ▼ 17.1% |
| Plant, machinery and equipment23 | - | €1k | €9k | €7k | €6k | ▼ 9.8% |
| Furniture and vehicles24 | - | - | - | €59k | €48k | ▼ 17.9% |
| Financial fixed assets28 | €5k | €5k | €5k | €5k | €5k | = |
| Current assets29/58 | €113k | €128k | €110k | €148k | €80k | ▼ 45.7% |
| Amounts receivable after more than one year29 | €21k | €18k | €15k | €12k | - | - |
| Other amounts receivable291 | €21k | €18k | €15k | €12k | - | - |
| Stocks and contracts in progress3 | €1k | €4k | €4k | €4k | €4k | = |
| Stocks30/36 | €1k | €4k | €4k | €4k | €4k | = |
| Amounts receivable within one year40/41 | €3k | €3k | €3k | €33k | €17k | ▼ 50.4% |
| Other amounts receivable41 | €3k | €3k | €3k | €33k | €17k | ▼ 50.4% |
| Cash at bank and in hand54/58 | €86k | €101k | €86k | €94k | €55k | ▼ 41.8% |
| Deferred charges and accrued income490/1 | €2k | €2k | €3k | €5k | €5k | ▲ 10.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €119k | €135k | €125k | €219k | €140k | ▼ 36.1% |
| Equity10/15 | €58k | €85k | €91k | €76k | €64k | ▼ 14.7% |
| Contributions10/11 | €59k | €59k | €59k | €59k | €59k | = |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves not available under the articles1311 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-8k | €19k | €26k | €10k | €-960 | ▼ 109% |
| Amounts payable17/49 | €61k | €50k | €33k | €143k | €75k | ▼ 47.3% |
| Amounts payable after more than one year17 | - | - | - | €42k | €32k | ▼ 24.7% |
| Financial debts170/4 | - | - | - | €42k | €32k | ▼ 24.7% |
| Amounts payable within one year42/48 | €61k | €50k | €33k | €90k | €43k | ▼ 51.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10k | €11k | ▲ 3.8% |
| Trade debts44 | €52k | €40k | €22k | €14k | €30 | ▼ 99.8% |
| Suppliers440/4 | €52k | €40k | €22k | €14k | €30 | ▼ 99.8% |
| Taxes, remuneration and social security45 | €4k | €8k | €11k | €20k | €30k | ▲ 51.0% |
| Taxes450/3 | €4k | €8k | €11k | €20k | €30k | ▲ 51.0% |
| Other amounts payable47/48 | €5k | €1k | €464 | €46k | €3k | ▼ 93.3% |
| Accrued charges and deferred income492/3 | - | - | - | €11k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €27k | €7k | €30k | €-11k | ▼ 137% |
| + Depreciation and write-downs630 | €80 | €136 | €883 | €5k | €15k | ▲ 173% |
| Operating cash flow (approximation) | €20k | €27k | €7k | €36k | €4k | ▼ 89.3% |
| Investment in fixed assets (approximation) | - | €-1k | €-9k | €-62k | €-4k | ▲ 93.9% |
| Change in cash | - | €15k | €-15k | €9k | €-39k | ▼ 561% |
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
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2018net €30k ▲365%
Operating result €44k, net result €30k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
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.
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 1987
Ground area
1,381 m²
Building footprint
1,179 m²
Volume, LiDAR
22,135 m³
Parcel 25386B0123/00X000, Wallonia · tallest building 23.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
TOUR DE BABEL
since 19872.031.501.187
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0123/00X000 | Wallonia | 1,381 m² | 1 · 1,179 m² | 23.7 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOttignies-Louvain-la-Neuve2.031.501.187
Similar companies · same sector, comparable size
T MAX
BE 0799.874.668
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BE 0741.984.375
Chaudfontaine · Eq €64,397
Enjoy Food
BE 0527.973.473
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BAHARAT
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 8,230 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-03-1987
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.