BABIL
ActiveSummary
BABIL has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€23,307) and a net result of -€3,395. Equity has been growing by about 4.3% per year since 2018. Its solvency ranks better than 5% of 17,001 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-10-2012 Normal situation
- Activity
- Full-service restaurants NACE 56111and 1 other
- Establishment unit
- 2.214.622.440 2060 Antwerpen, since 04-12-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- -€2,534
- ▼ 1,126%
- Loss
- €3,395
- ▲ 514%
- Equity
- -€23,307
- ▼ 17.0%
- Total assets
- €451
- ▼ 85.2%
- Staff
- ≈ 0 FTE
- estimated
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equitySector: Food and beverage service activities (NACE 56)Negative equity -€23,307Loss of €3,395, the second in a row (financial year 2025)lowers riskSize: total assets €451Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 9% of them on solvency, 49% on liquidity, 8% on profitability and 27% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 12 filings
Every figure per financial year
The operating result for 2025 is a loss of €3,356, larger than the loss of €515 in 2024. It is the lowest result since 2021.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | €10,448 | - | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €228 | - | - | €263 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,336 | €292 | €292 | €292 | - | - | €190 | €190 | = |
| Other operating charges640/8 | - | - | - | €484 | €102 | - | €118 | €370 | ▲ 214% |
| Gross operating margin9900 | €8,507 | -€2,944 | €11,548 | -€761 | €1,815 | €1,171 | -€207 | -€2,534 | ▼ 1,126% |
| Operating profit (loss)9901 | €6,828 | -€4,202 | €10,906 | -€1,537 | €1,485 | €1,171 | -€515 | -€3,356 | ▼ 552% |
| Financial charges65/66B | - | - | - | €161 | €96 | €19 | €38 | €38 | = |
| Recurring financial charges65 | - | - | €150 | €161 | €96 | €19 | €38 | €38 | = |
| Profit (loss) for the period before taxes9903 | €6,828 | -€4,202 | €10,756 | -€1,698 | €1,389 | €1,152 | -€553 | -€3,395 | ▼ 514% |
| Profit (loss) for the period9904 | €6,828 | -€4,202 | €10,756 | -€1,698 | €1,389 | €1,152 | -€553 | -€3,395 | ▼ 514% |
| Profit (loss) for the period to be appropriated9905 | €6,828 | -€4,202 | €10,756 | -€1,698 | €1,389 | €1,152 | -€553 | -€3,395 | ▼ 514% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1,637 | €1,234 | €3,884 | €1,059 | €3,420 | €3,599 | €3,046 | €451 | ▼ 85.2% |
| Fixed assets21/28 | €1,447 | €1,155 | €862 | €570 | €570 | €570 | €380 | €190 | ▼ 50.0% |
| Tangible fixed assets22/27 | €1,447 | €1,155 | €862 | €570 | €570 | €570 | €380 | €190 | ▼ 50.0% |
| Plant, machinery and equipment23 | - | - | - | €570 | €570 | €570 | €380 | €190 | ▼ 50.0% |
| Current assets29/58 | €189 | €80 | €3,022 | €489 | €2,850 | €3,029 | €2,666 | €261 | ▼ 90.2% |
| Amounts receivable within one year40/41 | - | - | - | - | €2,000 | - | - | - | - |
| Trade receivables40 | - | - | - | - | €2,000 | - | - | - | - |
| Cash at bank and in hand54/58 | €189 | €80 | €3,022 | €489 | €850 | €3,029 | €2,666 | €261 | ▼ 90.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1,637 | €1,234 | €3,884 | €1,059 | €3,420 | €3,599 | €3,046 | €451 | ▼ 85.2% |
| Equity10/15 | -€26,755 | -€30,957 | -€20,201 | -€21,899 | -€20,511 | -€19,359 | -€19,912 | -€23,307 | ▼ 17.0% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€39,155 | -€43,357 | -€32,601 | -€34,299 | -€32,911 | -€31,759 | -€32,312 | -€35,707 | ▼ 10.5% |
| Amounts payable17/49 | €28,391 | €32,191 | €24,085 | €22,958 | €23,931 | €22,958 | €22,958 | €23,758 | ▲ 3.5% |
| Amounts payable within one year42/48 | €28,391 | €32,191 | €24,085 | €22,958 | €23,931 | €22,958 | €22,958 | €23,758 | ▲ 3.5% |
| Trade debts44 | - | - | - | - | €973 | - | - | - | - |
| Suppliers440/4 | - | - | - | - | €973 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €22,958 | €22,958 | €22,958 | €22,958 | €23,758 | ▲ 3.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,828 | -€4,202 | €10,756 | -€1,698 | €1,389 | €1,152 | -€553 | -€3,395 | ▼ 514% |
| + Depreciation and write-downs630 | €1,336 | €292 | €292 | €292 | - | - | €190 | €190 | = |
| Operating cash flow (approximation) | €8,163 | -€3,910 | €11,048 | -€1,406 | €1,389 | €1,152 | -€363 | -€3,205 | ▼ 783% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€110 | €2,942 | -€2,533 | €361 | €2,179 | -€363 | -€2,405 | ▼ 562% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,907 companies had the same profile as BABIL has now. Two years later, 85.4% were still going and 5.8% had gone bankrupt.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BABIL itself is lower: 1.1% within 12 months. It rests on far more data about BABIL than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,907 companies, not a prediction for BABIL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00355347 | |
| 31-12-2024 | micro format | 19-08-2025 | 2025-00382908 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00407746 | |
| 31-12-2022 | micro format | 27-08-2023 | 2023-00357338 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20349773 | |
| 31-12-2020 | micro format | 29-09-2021 | 2021-70200501 | |
| 31-12-2019 | micro format | 27-08-2020 | 2020-46500544 | |
| 31-12-2018 | micro format | 26-09-2019 | 2019-66700307 | |
| 31-12-2016 | micro format | 20-12-2018 | 2018-75600493 | |
| 31-12-2015 | abbreviated format | 28-09-2016 | 2016-63200412 |
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11805E0498/00A006 | Flanders | 97 m² | 1 · 92 m² | 14.8 m · 3 |