BABELCO
InactiveBABELCO was declared bankrupt on 05-09-2024 (Tribunal de l’entreprise de Liège, division Namur). The bankruptcy was closed for insufficient assets by judgment of 31-12-2025, published in the Belgian Official Gazette on 06-01-2026.
Summary
Inactive. The last annual accounts are for financial year 2022.
Overview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 25-08-2020 · bankruptcy closed on 31-12-2025
- Activity
- No activity registered in the KBO
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2021
- Financial year end
- 31 December
- Peppol
- Reachable since 06-07-2026
Board and ownership
Board
- TOGNOLI MARIODirector · since 30-03-2023
- TAGNOLI MarioDirector
Financial position
No score
Annual accounts 2022
- Turnover
- €0
- Profit
- €44,069
- ▼ 2.9%
- Equity
- €94,440
- ▲ 87.5%
- Total assets
- €148,209
- ▲ 40.2%
- Employees on 31-12-2022
- 9
- ▲ 200%
Financials
Financials · financial year 2022, micro format
2022 annual accounts filed 17 days after the deadline Filed on 17 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00343377.
Annual accounts 2022 filed on 17-08-2023 PDF all 2 filings
Turnover
€0
Total assets
€148,209▲ 40.2%
2021 · €105,708
Net result
€44,069▼ 2.9%
2021 · €45,371
Working capital
€84,891▲ 111%
2021 · €40,183
Multi-year overview
2021 to 2022, 2 financial yearsTurnover
€0
2022
20212022
Operating result
€49,294
▼ 19.0%
2022
20212022
Net result
€44,069
▼ 2.9%
2022
20212022
Equity
€94,440
▲ 87.5%
2022
20212022
Total assets
€148,209
▲ 40.2%
2022
20212022
Debt
€53,769
▼ 2.8%
2022
20212022
Working capital
€84,891
▲ 111%
2022
20212022
Staff (FTE)
6.2
▲ 210%
2022
20212022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022
Turnover€0
Operating result€60,868-€49,294▼ 19.0%
Net result€45,371-€44,069▼ 2.9%
Equity€50,371-€94,440▲ 87.5%
Total assets€105,708-€148,209▲ 40.2%
Debt€55,337-€53,769▼ 2.8%
Working capital€40,183-€84,891▲ 111%
Staff (FTE)2-6.2▲ 210%
The operating result for 2022 is 19% lower than in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €148,209
Fixed assets
€9,549 ▼ 9.2%
Current assets
€138,660 ▲ 45.7%
Equity and liabilities €148,209
Equity
€94,440 ▲ 87.5%
Debt
€53,769 ▼ 2.8%
Debt's share of the balance-sheet total falls from 52.3% to 36.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€52,906▼
2021 · €62,206
Cash flow
€47,680▲
2021 · €46,710
Current ratio
2.58▲
2021 · 1.73
Debt to equity
0.57▼
2021 · 1.10
ROE
46.7%▼
2021 · 90.1%
ROA
29.7%▼
2021 · 42.9%
Interest coverage
14.52▼
2021 · over 100
Debt ≤ 1 year
€53,769▼
2021 · €55,008
Income taxes
€10,934▼
2021 · €15,338
Staff costs
€247,433▲
2021 · €92,306
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 9 |
| full-time | 2 | 7 |
| part-time | 1 | 2 |
| in full-time equivalents | 2.8 | 8.4 |
| Average over the year, in full-time equivalents | 2 | 4.8 |
| On a permanent contract | 2 | 6 |
| Joined | 2 | 9 |
| Left | 2 | 3 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Tangible fixed assets | €11,856 | €1,400 |
| Depreciation and write-downs of the year | €1,339 | €3,612 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Turnover70 | - | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €0 | - |
| Remuneration, social security and pensions62 | €92,306 | €247,433 | ▲ 168% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,339 | €3,612 | ▲ 170% |
| Other operating charges640/8 | - | €624 | - |
| Gross operating margin9900 | €154,512 | €300,962 | ▲ 94.8% |
| Operating profit (loss)9901 | €60,868 | €49,294 | ▼ 19.0% |
| Financial income75/76B | €0 | €9,352 | ▲ 935,231× |
| Recurring financial income75 | €0 | €9,352 | ▲ 935,231× |
| Financial charges65/66B | €158 | €3,643 | ▲ 23× |
| Recurring financial charges65 | €158 | €3,643 | ▲ 23× |
| Profit (loss) for the period before taxes9903 | €60,709 | €55,003 | ▼ 9.4% |
| Income taxes67/77 | €15,338 | €10,934 | ▼ 28.7% |
| Profit (loss) for the period9904 | €45,371 | €44,069 | ▼ 2.9% |
| Profit (loss) for the period to be appropriated9905 | €45,371 | €44,069 | ▼ 2.9% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €105,708 | €148,209 | ▲ 40.2% |
| Fixed assets21/28 | €10,517 | €9,549 | ▼ 9.2% |
| Tangible fixed assets22/27 | €10,517 | €8,306 | ▼ 21.0% |
| Plant, machinery and equipment23 | €4,193 | €4,383 | ▲ 4.5% |
| Furniture and vehicles24 | €6,325 | €3,923 | ▼ 38.0% |
| Financial fixed assets28 | - | €1,244 | - |
| Current assets29/58 | €95,191 | €138,660 | ▲ 45.7% |
| Amounts receivable within one year40/41 | €46,100 | €69,255 | ▲ 50.2% |
| Trade receivables40 | €18,917 | €47,817 | ▲ 153% |
| Other amounts receivable41 | €27,183 | €21,438 | ▼ 21.1% |
| Cash at bank and in hand54/58 | €49,091 | €68,770 | ▲ 40.1% |
| Deferred charges and accrued income490/1 | €0 | €635 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €105,708 | €148,209 | ▲ 40.2% |
| Equity10/15 | €50,371 | €94,440 | ▲ 87.5% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €45,371 | €89,440 | ▲ 97.1% |
| Amounts payable17/49 | €55,337 | €53,769 | ▼ 2.8% |
| Amounts payable within one year42/48 | €55,008 | €53,769 | ▼ 2.3% |
| Trade debts44 | €24,603 | €24,704 | ▲ 0.4% |
| Suppliers440/4 | €24,603 | €24,704 | ▲ 0.4% |
| Taxes, remuneration and social security45 | €30,405 | €29,065 | ▼ 4.4% |
| Taxes450/3 | €30,405 | €27,720 | ▼ 8.8% |
| Remuneration and social security454/9 | - | €1,346 | - |
| Other amounts payable47/48 | - | €0 | - |
| Accrued charges and deferred income492/3 | €329 | €0 | ▼ 100% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €45,371 | €44,069 | ▼ 2.9% |
| + Depreciation and write-downs630 | €1,339 | €3,612 | ▲ 170% |
| Operating cash flow (approximation) | €46,710 | €47,680 | ▲ 2.1% |
| Investment in fixed assets (approximation) | - | -€2,644 | - |
| Change in cash | - | €19,679 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
2 directors, last change in 2023
TOGNOLI MARIO
Current
TAGNOLI Mario
Current
Director · appointed in the act of 31-03-2023
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Jean-Gregoire Sepulchre Place De Seurre 34B, 5570 Beauraing |
05-09-2024 → 31-12-2025 |
Owners and capital
Shareholders
Stated in the act
act of 02-05-2023 ↗
- Tognoli Mario 100%
Share transfer
act of 02-05-2023 ↗
- Müller Christian to Tognoli Mario 10%
Share transfer
act of 31-03-2023 ↗
- Moscato Rosario to TAGNOLI Mario 90%
- Moscato Rosario to MULLER Christian 10%
Share transfer
act of 23-03-2023 ↗
Mandate history
7 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| TOGNOLI MARIO |
|
| TAGNOLI Mario |
|
| Müller Christian |
|
| Peret Pascal |
|
| Moscato Rosario |
|
| Moscato Salvatore |
|
| Michel PAQUE |
|
Network & group
BABELCO shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of BABELCO. Every other company they run is a node.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
2026
06-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Enterprise Court of Liège, Namur division · judgment of 31-12-2025
2024
20-11
Bankruptcy
Bankruptcy declared
Enterprise Court of Liège, Namur division · judgment of 05-09-2024
2023
17-08
micro format · 17 days late
02-05
Gazette deed
Resignations: Müller Christian (director) and Peret Pascal (director)Share transfer · Shareholding7 points ▸
Gazette deed
Resignations: Müller Christian (director) and Peret Pascal (director)
Share transfer · Shareholding7 points ▸
- General meeting, 30-03-2023
- Share transfer, Müller Christian → Tognoli Mario
- Director resignation, Müller Christian
- Director resignation, Peret Pascal
- Board composition, Tognoli Mario (director)
- Tognoli Mario holds 100% of the shares
- Other provision, “Deuxième résolution, Divers” (deed in French)
31-03
Gazette deed
Resignation: Moscato Rosario (director)Appointment: TAGNOLI Mario (director) · Share transfer6 points ▸
Gazette deed
Resignation: Moscato Rosario (director)
Appointment: TAGNOLI Mario (director) · Share transfer6 points ▸
- General meeting, 08-03-2023
- Share transfer, Moscato Rosario → TAGNOLI Mario
- Share transfer, Moscato Rosario → MULLER Christian
- Director resignation, Moscato Rosario (director)
- Director appointment, TAGNOLI Mario (director)
- Other provision, “Ces décisions, Deuxième résolution” (deed in French)
23-03
Gazette deed
Registered office moved from Fleron to RochefortNew seat: place Albert 1er 32A à 5580 Rochefort · Previous seat: RUE DU FORT 22, 4621 FLERON · Appointment: Moscato Rosario (director)5 points ▸
Gazette deed
Registered office moved from Fleron to Rochefort
New seat: place Albert 1er 32A à 5580 Rochefort · Previous seat: RUE DU FORT 22, 4621 FLERON · Appointment: Moscato Rosario (director)5 points ▸
- General meeting, 02-01-2023
- Share transfer, Moscato Salvatore → Moscato Rosario
- Director appointment, Moscato Rosario (director)
- Director resignation, Moscato Salvatore (director)
- Registered-office move, place Albert 1er 32A à 5580 Rochefort
2022
31-08
micro format · 31 days late
08-07
Gazette deed
2 directors appointed, 1 director resigningResignation: Michel PAQUE (director) · Appointments: Rosario MOSCATO (director) and Pascal PERET (director)5 points ▸
Gazette deed
2 directors appointed, 1 director resigning
Resignation: Michel PAQUE (director) · Appointments: Rosario MOSCATO (director) and Pascal PERET (director)5 points ▸
- General meeting, 11-04-2022
- Director resignation, Michel PAQUE (director)
- General meeting, 2022-06
- Director appointment, Rosario MOSCATO (director)
- Director appointment, Pascal PERET (director)
09-02
Gazette deed
Appointment: Michel PAQUE (director)2 points ▸
Gazette deed
Appointment: Michel PAQUE (director)
2 points ▸
- General meeting, 21-01-2022
- Director appointment, Michel PAQUE (director)
2020
25-08
7 publications in the Belgian Official Gazette, the last on 02-05-2023
SignalGazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
BABELCO is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2022
- Last registered office
- Place Albert 1ER 32A, 5580 Rochefortas published on 2 May 2023
- Legal form
- Private limited company
- First annual accounts
- financial year 2021