BABELLE
ActiveBABELLE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-103k) and a net result of €-18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 7740 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability21▲+13
Solvency15▼-7
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.08 against 0.95 in 2023; short-term debt: 33.5% and cash: 2.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
-10.1%
Return on assets
-1.8%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021222325
2018 to 2025 · latest year €-103k
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-05-2026, 30 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 · 8 filingsDeviation from the deadline
2025
30 d late
2023
20 d late
2022
386 d late
2021
751 d late
2020
7 d early
2019
on the day
2018
276 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-103k▼ 592%
2023 · €-15k
2018: €-14k
2019: €13k
2020: €13k
2021: €12k
2022: €27k
2023: €-15k
2018 → 2025
Total assets
€1.02M▲ 112%
2023 · €482k
2018: €249k
2019: €43k
2020: €42k
2021: €12k
2022: €333k
2023: €482k
2018 → 2025
Net result
€-18k▲ 56.1%
2023 · €-42k
2018: €-28k
2019: €27k
2020: €-229
2021: €-1k
2022: €15k
2023: €-42k
2018 → 2025
Working capital
€26k
2023 · €-19k
2018: €-32k
2019: €-5k
2020: €-5k
2022: €24k
2023: €-19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€13k-€12k▼ 8.0%€27k▲ 130%€-15k€-103k▼ 592%
Operating result€-229-€-1k▼ 342%€20k€-40k€15k
Net result€-229-€-1k▼ 342%€15k€-42k€-18k▲ 56.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €15k in 2025, compared with €-40k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €1.02M
Fixed assets
€652k▲ 573%
Current assets
€368k▼ 4.3%
Key figures and ratios
EBITDA
€18k▲
2023 · €-40k
Cash flow
€-15k▲
2023 · €-41k
Solvency
-10.1%▼
2023 · -3.1%
Current ratio
1.08▲
2023 · 0.95
Quick ratio
1.08▲
2023 · 0.95
Debt / equity
-10.88▲
2023 · -33.26
ROA
-1.8%▲
2023 · -8.7%
Interest coverage
0.54▲
2023 · -26.01
Debt
€1.12M▲
2023 · €497k
Debt ≤ 1 year
€342k▼
2023 · €404k
Debt > 1 year
€782k▲
2023 · €92k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2023
Balance sheet
Code20232025
Assets
Total assets20/58€482k€1.02M▲
Fixed assets21/28€97k€652k▲
Tangible fixed assets22/27€97k€652k▲
Furniture and vehicles24€2k€17k▲
Assets under construction and advance payments27€94k€635k▲
Financial fixed assets28€400€400=
Current assets29/58€385k€368k▼
Amounts receivable within one year40/41€375k€346k▼
Trade receivables40€15k€113k▲
Other amounts receivable41€360k€233k▼
Cash at bank and in hand54/58€10k€22k▲
Equity and liabilities
Total equity and liabilities10/49€482k€1.02M▲
Equity10/15€-15k€-103k▼
Contributions10/11€19k€19k=
Reserves13€8k€8k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€-42k€-130k▼
Amounts payable17/49€497k€1.12M▲
Amounts payable after more than one year17€92k€782k▲
Financial debts170/4€92k€782k▲
Amounts payable within one year42/48€404k€342k▼
Current portion of amounts payable after more than one year42-€39k
Trade debts44€2k€16k▲
Suppliers440/4€2k€16k▲
Advances received on contracts in progress46€12k€92k▲
Taxes, remuneration and social security45€3k€43k▲
Taxes450/3€3k€43k▲
Other amounts payable47/48€388k€151k▼
Income statement
Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€726€3k▲
Other operating charges640/8€604€7k▲
Gross operating margin9900€-39k€25k▲
Operating profit (loss)9901€-40k€15k▲
Financial charges65/66B€2k€34k▲
Recurring financial charges65€2k€34k▲
Profit (loss) for the period before taxes9903€-42k€-18k▲
Profit (loss) for the period9904€-42k€-18k▲
Profit (loss) for the period to be appropriated9905€-42k€-18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-130k▼
Profit (loss) brought forward from the previous period14P-€-112k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2024
20-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 386 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 751 days late
2023
30-09
Financial
Weakest financial yearnet €-42k ▼374%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
2022
30-09
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 276 days late
2019
30-09
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Registered office, Gent · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lostraat 839000 GentGround area
361 m²
Building footprint
224 m²
Volume, LiDAR
1,949 m³
2 parcels, Flanders · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
KTC IMMO
since 20162.257.405.180
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0723/00G000 | Flanders | 234 m² | 1 · 96 m² | 16.7 m · 4 fl. |
| 44809I0712/00Y002 | Flanders | 127 m² | 1 · 127 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ITSaComit
BE 0748.516.831
Mechelen · Eq €27k
TNCM partners
BE 1019.143.663
Ronse · Eq €27k
VICTOR
BE 0760.544.534
Wommelgem · Eq €27k
Aljero
BE 0533.975.102
Ukkel · Eq €27k
Lippee
BE 0801.211.783
Kapellen · Eq €27k
Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,387 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-09-2016
Fiscal year end30-09
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.