Financials
- Financial year
- 2024
- Turnover
- €825,895
- Loss
- -€11.4m
- Solvency
- 63.0%
Turnover▼ 3.6%
Net result
20232024
Summary
Babelfish BidCo is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €39.5m and a net result of -€11.4m. The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210
#4 company by total assets in Wavre, Finance and insurance sector1 site
Size
€825,895turnover 2024
- Equity
- €39.5m
- Loss
- -€11.4m
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
- Parent
- BABELFISH MIDCO 3 S. Etr. · 100%
- Holdings
- 2
- Sahil RISHIDirector
Accounts 71 days overdue1 of 14 deeds read
SignalsneutralFiled after the deadlineShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
1 signal.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
57 days late
2023
122 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 90 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (1)
- Resignation: Stewart Weston (director)Appointment: Sahil RISHI (director) ·…
- Annual accounts filedfinancial year 2024 · unclassified…
- Annual accounts filedfinancial year 2023 · unclassified…
Key points
- Caution: Result fell in 2024from -€4.2m to -€11.4m ▼ 172% View
- Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
- Caution: Board changedlatest change 15-11-2025 · 1 in office 1 joined · 1 left View
- Positive: Company by total assets in Wavre, Finance and…in the Checked rankings #4 View
- Controlled by BABELFISH MIDCO 3 S…itself parent of 9 companies 100% View
By topic
Board & ownership
- Board
- 1 member
- Parent
- BABELFISH MIDCO 3 S… · 100%
- Sahil RISHIDirector
Network & group
- Subsidiaries
- 9
- Holdings
- 2
9 subsidiaries
Timeline
- Events
- 3
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Activities of holding companiesNACE 64210
- Founded
- 23-02-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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