BABILON
InactiveBABILON was declared bankrupt on 25-11-2021 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 04-04-2023, published in the Belgian State Gazette on 26-04-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline23-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 22-01-2020, 191 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
191 d early
← before the deadline
after the deadline →
Financials · fiscal year 2019, micro schema
Turnover
€1.01M
EBIT margin
20.3%
Net result
€258k▲ 95.5%
2018 · €132k
2018: €132k
2018 → 2019
Working capital
€377k▲ 203%
2018 · €124k
2018: €124k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€1.01M
Equity€154k-€412k▲ 167%
Operating result€194k-€205k▲ 5.4%
Net result€132k-€258k▲ 95.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 5% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €454k
Fixed assets
€35k▲ 17.4%
Current assets
€419k▲ 188%
Equity and liabilities €454k
Equity
€412k▲ 167%
Debt
€42k▲ 96.5%
The debt ratio falls from 12.2% to 9.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€211k▲
2018 · €197k
Cash flow
€264k▲
2018 · €134k
Solvency
90.7%▲
2018 · 87.8%
Current ratio
9.97▲
2018 · 6.81
Quick ratio
7.63▲
2018 · 3.25
ROE
62.6%▼
2018 · 85.6%
ROA
56.8%▼
2018 · 75.1%
Debt
€42k▲
2018 · €21k
Debt ≤ 1 year
€42k▲
2018 · €21k
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€176k€454k▲
Fixed assets21/28€30k€35k▲
Tangible fixed assets22/27€30k€35k▲
Current assets29/58€146k€419k▲
Stocks and contracts in progress3€76k€98k▲
Amounts receivable within one year40/41€54k€304k▲
Cash at bank and in hand54/58€15k€17k▲
Equity and liabilities
Total equity and liabilities10/49€176k€454k▲
Equity10/15€154k€412k▲
Contributions10/11€19k€19k=
Reserves13€3k€3k=
Profit (loss) carried forward14€133k€391k▲
Amounts payable17/49€21k€42k▲
Amounts payable within one year42/48€21k€42k▲
Trade debts44€21k€42k▲
Income statement
Code20182019
Turnover70-€1.01M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€6k▲
Gross operating margin9900€256k€226k▼
Operating profit (loss)9901€194k€205k▲
Recurring financial income75€1k€3k▲
Recurring financial charges65€2k€14k▲
Profit (loss) for the period before taxes9903€193k€194k▲
Income taxes67/77€61k-
Profit (loss) for the period9904€132k€258k▲
Profit (loss) for the period to be appropriated9905€132k€258k▲
Timeline · acts, filings and financial milestones
2023
26-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BABILON BV DAMBRUGGESTRAAT 55, 2060 ANTWERPEN 6 · event 04-04-2023
2021
02-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BABILON BV DAMBRUGGE- STRAAT 55, 2060 ANTWERPEN 6 · event 25-11-2021
2020
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €412k ▲167%
2 profitable years in a row build equity to €412k.
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 90 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 246 days late
03-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 611 days late
03-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 977 days late
2014
09-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
18-10
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 79 days late
2011
11-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
08-07
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NATHALIE VERMEERSCH PLANTINKAAI 10/21,
2000 ANTWERPEN 1 |
25-11-2021 → present |