BABEL ENGINEERING
ActiveSummary
BABEL ENGINEERING has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €41k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 2015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency48▲+11
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 0.83 in 2024; short-term debt: 77.1% and cash: 20.3% of total assets), and 77.5% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.5%
Return on assets
43.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €21k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
22 d early
2024
28 d late
2023
31 d late
2022
70 d late
2021
3 d late
2020
61 d late
2019
3 d early
← 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, abbreviated schema
Turnover
€146k
EBIT margin
9.2%
Net result
€41k▲ 63.2%
2024 · €25k
2019: €32k
2020: €9k▼ -73.1% vs 2019
2021: €-9k▼ -209% vs 2020
2022: €-30k▼ -218% vs 2021lowest in 7 years
2023: €239▲ +101% vs 2022
2024: €25k▲ +10360% vs 2023
2025: €41k▲ +63.2% vs 2024highest in 7 years
2019 → 2025
Working capital
€8k
2024 · €-11k
2019: €32k
2020: €54k▲ +65.1% vs 2019highest in 7 years
2021: €45k▼ -16.6% vs 2020
2022: €8k▼ -81.8% vs 2021
2023: €8k▲ +2.9% vs 2022
2024: €-11k▼ -232% vs 2023lowest in 7 years
2025: €8k▲ +170% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€8k▼ 78.5%€8k▲ 2.9%€9k▲ 5.9%€21k▲ 140%
2021: €38khighest in 5 years
2022: €8k▼ -78.5% vs 2021lowest in 5 years
2023: €8k▲ +2.9% vs 2022
2024: €9k▲ +5.9% vs 2023
2025: €21k▲ +140% vs 2024
Operating result€-9k-€-28k▼ 210%€462€35k▲ 7,397%€59k▲ 69.7%
2021: €-9k
2022: €-28k▼ -210% vs 2021lowest in 5 years
2023: €462▲ +102% vs 2022
2024: €35k▲ +7397% vs 2023
2025: €59k▲ +69.7% vs 2024highest in 5 years
Net result€-9k-€-30k▼ 218%€239€25k▲ 10,360%€41k▲ 63.2%
2021: €-9k
2022: €-30k▼ -218% vs 2021lowest in 5 years
2023: €239▲ +101% vs 2022
2024: €25k▲ +10360% vs 2023
2025: €41k▲ +63.2% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 70% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94k
Fixed assets
€14k ▼ 30.1%
Current assets
€81k ▲ 44.9%
Equity and liabilities €94k
Equity
€21k ▲ 140%
Debt
€73k ▲ 9.8%
Debt's share of the balance-sheet total falls from 88.3% to 77.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€66k▲
2024 · €35k
Cash flow
€48k▲
2024 · €25k
Current ratio
1.11▲
2024 · 0.83
Debt to equity
3.44▼
2024 · 7.53
ROE
192.0%▼
2024 · 282.4%
ROA
43.2%▲
2024 · 33.1%
Interest coverage
196.45▲
2024 · 157.87
Debt ≤ 1 year
€73k▲
2024 · €67k
Income taxes
€17k▲
2024 · €9k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€75k€94k▲
Fixed assets21/28€20k€14k▼
Tangible fixed assets22/27€20k€14k▼
Furniture and vehicles24€20k€14k▼
Current assets29/58€56k€81k▲
Amounts receivable within one year40/41€31k€61k▲
Trade receivables40€26k€15k▼
Other amounts receivable41€5k€46k▲
Cash at bank and in hand54/58€25k€19k▼
Deferred charges and accrued income490/1€111€466▲
Equity and liabilities
Total equity and liabilities10/49€75k€94k▲
Equity10/15€9k€21k▲
Contributions10/11€6k€19k▲
Reserves13€3k€3k=
Tax-exempt reserves132€717€717=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€71€71=
Amounts payable17/49€67k€73k▲
Amounts payable within one year42/48€67k€73k▲
Trade debts44€25k€3k▼
Suppliers440/4€25k€3k▼
Taxes, remuneration and social security45€25k€35k▲
Taxes450/3€25k€35k▲
Other amounts payable47/48€17k€35k▲
Accrued charges and deferred income492/3-€400
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€226€7k▲
Other operating charges640/8€887€1k▲
Gross operating margin9900€36k€67k▲
Operating profit (loss)9901€35k€59k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€221€715▲
Recurring financial charges65€221€335▲
Non-recurring financial charges66B-€380
Profit (loss) for the period before taxes9903€34k€58k▲
Income taxes67/77€9k€17k▲
Profit (loss) for the period9904€25k€41k▲
Profit (loss) for the period to be appropriated9905€25k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€41k▲
Profit (loss) brought forward from the previous period14P€-419€71▲
Profit to be distributed694/7€25k€41k▲
Return on contributions (dividend)694-€41k
Directors or managers695€25k-
The notes to these accounts (7 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | - | - | €226 | €7k | ▲ 2,973% |
| Other operating charges640/8 | €2k | €31k | €4k | €887 | €1k | ▲ 27.2% |
| Gross operating margin9900 | €4k | €3k | €4k | €36k | €67k | ▲ 87.0% |
| Operating profit (loss)9901 | €-9k | €-28k | €462 | €35k | €59k | ▲ 69.7% |
| Financial income75/76B | - | €0 | €2 | - | €1 | - |
| Recurring financial income75 | - | €0 | €2 | - | €1 | - |
| Financial charges65/66B | €252 | €2k | €225 | €221 | €715 | ▲ 224% |
| Recurring financial charges65 | €252 | €2k | €225 | €221 | €335 | ▲ 51.5% |
| Non-recurring financial charges66B | - | - | - | - | €380 | - |
| Profit (loss) for the period before taxes9903 | €-9k | €-30k | €239 | €34k | €58k | ▲ 68.7% |
| Income taxes67/77 | - | €34 | - | €9k | €17k | ▲ 83.2% |
| Profit (loss) for the period9904 | €-9k | €-30k | €239 | €25k | €41k | ▲ 63.2% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €-30k | €239 | €25k | €41k | ▲ 63.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €98k | €17k | €10k | €75k | €94k | ▲ 25.1% |
| Fixed assets21/28 | €33k | - | - | €20k | €14k | ▼ 30.1% |
| Tangible fixed assets22/27 | €33k | - | - | €20k | €14k | ▼ 30.1% |
| Furniture and vehicles24 | €33k | - | - | €20k | €14k | ▼ 30.1% |
| Current assets29/58 | €65k | €17k | €10k | €56k | €81k | ▲ 44.9% |
| Amounts receivable within one year40/41 | €56k | €14k | €8k | €31k | €61k | ▲ 96.8% |
| Trade receivables40 | €14k | €14k | €595 | €26k | €15k | ▼ 41.2% |
| Other amounts receivable41 | €42k | - | €7k | €5k | €46k | ▲ 815% |
| Cash at bank and in hand54/58 | €9k | €3k | €2k | €25k | €19k | ▼ 21.9% |
| Deferred charges and accrued income490/1 | - | - | €247 | €111 | €466 | ▲ 320% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €98k | €17k | €10k | €75k | €94k | ▲ 25.1% |
| Equity10/15 | €38k | €8k | €8k | €9k | €21k | ▲ 140% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €19k | ▲ 200% |
| Capital10 | €6k | - | - | - | - | - |
| Issued capital100 | €19k | - | - | - | - | - |
| Uncalled capital101 | €12k | - | - | - | - | - |
| Outside capital11 | - | €6k | €6k | - | - | - |
| Other1109/19 | - | €6k | €6k | - | - | - |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Legal reserve130 | €2k | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | €717 | €717 | €717 | €717 | €717 | = |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €29k | €-658 | €-419 | €71 | €71 | = |
| Amounts payable17/49 | €61k | €9k | €2k | €67k | €73k | ▲ 9.8% |
| Amounts payable after more than one year17 | €40k | - | - | - | - | - |
| Financial debts170/4 | €40k | - | - | - | - | - |
| Amounts payable within one year42/48 | €21k | €9k | €2k | €67k | €73k | ▲ 9.2% |
| Trade debts44 | €14k | €7k | €1k | €25k | €3k | ▼ 88.5% |
| Suppliers440/4 | €14k | €7k | €1k | €25k | €3k | ▼ 88.5% |
| Taxes, remuneration and social security45 | €6k | €1k | €506 | €25k | €35k | ▲ 41.5% |
| Taxes450/3 | €6k | €1k | €506 | €25k | €35k | ▲ 41.5% |
| Other amounts payable47/48 | - | - | - | €17k | €35k | ▲ 102% |
| Accrued charges and deferred income492/3 | - | - | - | - | €400 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-30k | €239 | €25k | €41k | ▲ 63.2% |
| + Depreciation and write-downs630 | €11k | - | - | €226 | €7k | ▲ 2,973% |
| Operating cash flow (approximation) | €2k | €-30k | €239 | €25k | €48k | ▲ 89.4% |
| Investment in fixed assets (approximation) | - | - | - | - | €-979 | - |
| Change in cash | - | €-6k | €-1k | €23k | €-5k | ▼ 124% |
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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €41k ▲63.2%
Operating result €59k, net result €41k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €239
Net result €239 after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 6.02
Current ratio from 1.94 to 6.02; short-term debt falls from €9k to €2k.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 70 days late
2022
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2018
Ground area
277 m²
Building footprint
90 m²
Volume, LiDAR
29 m³
Parcel 23077C0286/02D000, Flanders · tallest building 3.7 m. Linked by address, not a title deed.
1 establishment unit
SPRL BABEL ENGINEERING
since 20182.284.115.715
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077C0286/02D000 | Flanders | 277 m² | 1 · 90 m² | 3.7 m |
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.
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,046 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
Founded16-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.