BABILON

Inactive KBO/BCE: BE 0459.084.370

BABILON

Financial year 2019

Follow Report

Annual accounts 2019

micro format, filed on 22-01-2020, 191 days before the deadline

Turnover

€1.0m

Operating result

€204,579

▲ 5.4%

EBITDA

€210,629

▲ 7.1%

Cash flow

€264,130

▲ 96.5%

Solvency

90.7%

▲ 2.9 percentage points

Current ratio

9.97

▲ 3.16

Money flows

of every €100 of turnover, €25.55 remains as profit in 2019

Balance sheet

balance sheet total €454,392 on 31-12-2019

What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2019	2018	2017	2016	2015	2014	2013	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	454,392	175,667	43,081	11,850	1,344	1,344	1,344	3,833	11,533	23,840	37,177	72,655	87,148
Formation expenses`20`	-	-	-	-	-	-	0	-	149	149	149	297	297
Fixed assets`21/28`	35,100	29,894	11,850	11,850	670	670	670	1,840	7,616	19,883	27,376	35,811	-
Intangible fixed assets`21`	-	-	-	-	-	-	0	-	-	-	-	-	900
Tangible fixed assets`22/27`	35,100	29,894	11,850	11,850	670	670	670	421	6,048	18,315	25,808	34,095	29,749
Land and buildings`22`	-	-	-	-	-	-	0	-	-	7,139	7,734	8,329	8,924
Plant, machinery and equipment`23`	7,050	5,044	285	285	670	670	670	421	614	309	1,773	3,822	18,156
Furniture and vehicles`24`	28,050	24,850	11,565	11,565	-	-	0	-	5,434	10,867	16,301	21,944	2,669
Other tangible fixed assets`26`	-	-	-	-	-	-	0	-	-	-	-	-	-
Assets under construction and advance payments`27`	-	-	-	-	-	-	0	-	-	-	-	-	-
Financial fixed assets`28`	-	-	-	-	-	-	0	1,419	1,419	1,419	1,419	1,419	1,419
Current assets`29/58`	419,292	145,773	31,231	-	674	674	674	1,993	3,917	3,957	9,801	36,844	54,783
Trade receivables`290`	-	-	-	-	-	-	0	-	-	-	-	-	-
Other amounts receivable`291`	-	-	-	-	-	-	0	-	-	-	-	-	-
Stocks and contracts in progress`3`	98,450	76,250	-	-	-	-	0	-	-	-	6,000	30,533	49,915
Stocks`30/36`	98,450	76,250	-	-	-	-	0	-	-	-	6,000	30,533	49,915
Contracts in progress`37`	-	-	-	-	-	-	0	-	-	-	-	-	-
Amounts receivable within one year`40/41`	303,792	54,066	31,231	-	637	637	637	1,953	3,026	1,633	1,612	5,495	3,711
Trade receivables`40`	65,031	54,066	31,231	-	-	-	0	1,953	1,050	-	-	-	-
Other amounts receivable`41`	238,761	-	-	-	637	637	637	-	1,976	1,633	1,612	5,495	3,711
Current investments`50/53`	-	-	-	-	-	-	0	-	-	-	-	816	-
Cash at bank and in hand`54/58`	17,050	15,457	-	-	37	37	37	40	891	2,324	2,189	-	1,157
Deferred charges and accrued income`490/1`	-	-	-	-	-	-	0	-	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	454,392	175,667	43,081	11,850	1,344	1,344	1,344	3,833	11,533	23,840	37,177	72,655	87,148
Equity`10/15`	412,352	154,272	22,272	-10,337	-12,340	-12,340	-12,340	-13,366	-14,261	-16,937	-10,701	-12,855	-
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	-
Capital`10`	-	-	-	-	-	-	-	-	-	-	-	-	18,600
Issued capital`100`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	0	-	-	-	-	-	-
Contributions outside capital`11`	-	-	-	-	-	-	0	-	-	-	-	-	-
Share premium`1100/10`	-	-	-	-	-	-	0	-	-	-	-	-	-
Revaluation surpluses`12`	-	-	-	-	-	-	0	-	-	-	-	-	-
Reserves`13`	2,720	2,720	2,720	2,720	2,720	2,720	2,720	2,720	2,720	2,720	2,720	2,720	2,720
Legal reserve`130`	229	229	229	229	229	229	229	229	229	229	229	229	229
Own shares acquired`1312`	-	-	-	-	-	-	0	-	-	-	-	-	-
Other`1319`	-	-	-	-	-	-	0	-	-	-	-	-	-
Tax-exempt reserves`132`	-	-	-	-	-	-	0	-	-	-	-	-	-
Distributable reserves`133`	2,491	2,491	2,491	2,491	2,491	2,491	2,491	2,491	2,491	2,491	2,491	2,491	2,491
Profit (loss) carried forward`14`	391,032	132,952	952	-31,657	-33,660	-33,660	-33,660	-34,686	-35,581	-38,257	-32,021	-34,175	-
Investment grants`15`	-	-	-	-	-	-	0	-	-	-	-	-	-
Advance to shareholders on the distribution of net assets`19`	-	-	-	-	-	-	0	-	-	-	-	-	-
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	0	-	-	-	-	-	-
Deferred taxes`168`	-	-	-	-	-	-	0	-	-	-	-	-	-
Amounts payable`17/49`	42,040	21,395	20,809	22,187	13,684	13,684	13,684	17,199	25,794	40,777	47,878	85,510	103,568
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	1,471	14,083	24,035	45,117	69,590
Financial debts`170/4`	-	-	-	-	-	-	-	-	1,471	14,083	24,035	45,117	69,590
Trade debts`175`	-	-	-	-	-	-	0	-	-	-	-	-	-
Advances received on contracts in progress`176`	-	-	-	-	-	-	0	-	-	-	-	-	-
Other amounts payable`178/9`	-	-	-	-	-	-	0	-	-	-	-	-	-
Amounts payable within one year`42/48`	42,040	21,395	20,809	22,187	13,684	13,684	13,684	17,199	24,323	26,694	23,843	40,393	33,978
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	0	1,470	5,672	10,385	10,082	14,853	12,313
Financial debts`43`	-	-	-	-	4,502	4,502	4,502	-	-	3,910	-	-	-
Credit institutions`430/8`	-	-	-	-	4,502	4,502	4,502	-	-	3,910	-	-	-
Other loans`439`	-	-	-	-	-	-	0	-	-	-	-	-	-
Trade debts`44`	42,040	21,395	3,193	3,613	3,438	3,438	3,438	2,195	1,868	236	2,777	25,160	14,649
Suppliers`440/4`	42,040	21,395	3,193	3,613	3,438	3,438	3,438	2,195	1,868	236	2,777	25,160	14,649
Bills of exchange payable`441`	-	-	-	-	-	-	0	-	-	-	-	-	-
Advances received on contracts in progress`46`	-	-	-	-	-	-	0	-	-	-	-	-	-
Taxes, remuneration and social security`45`	-	-	-	-	1,987	1,987	1,987	3,497	-	1,150	1,573	380	6,949
Taxes`450/3`	-	-	-	-	1,987	1,987	1,987	3,497	-	1,150	1,573	380	6,949
Remuneration and social security`454/9`	-	-	-	-	-	-	0	-	-	-	-	-	-
Other amounts payable`47/48`	-	-	17,616	18,574	3,757	3,757	3,757	10,037	16,783	11,013	9,411	-	67
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	0	-	-	-	-	-	-
Income statement
Turnover`70`	1.0m	-	-	-	-	-	54,146	-	-	261,291	306,670	299,174	-
Non-recurring operating income`76A`	-	-	-	-	-	-	0	6,060	10,180	364	1,967	434	-
Gross operating margin`9900`	225,669	255,711	33,826	2,003	-	-	2,750	6,305	5,784	13,654	28,029	21,316	-
Goods, raw materials, services and sundry goods`60/61`	784,331	-	-	-	-	-	-51,396	-	-	253,999	283,833	281,148	-
Remuneration, social security and pensions`62`	-	35,054	-	-	-	-	0	-	68	5,778	10,466	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	6,050	2,451	-	-	-	-	270	5,776	5,627	7,631	8,767	10,823	-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	0	-	-	-	-	-	-
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	0	-	-	-	-	-	-
Other operating charges`640/8`	15,040	24,071	399	-	-	-	1,362	4,066	3,761	3,526	5,310	3,892	-
Operating charges capitalised as restructuring costs`649`	-	-	-	-	-	-	0	-	-	-	-	-	-
Non-recurring operating charges`66A`	-	-	-	-	-	-	0	60	595	-	-	297	-
Operating profit (loss)`9901`	204,579	194,135	33,427	2,003	-	-	1,119	-3,537	-3,672	-3,281	3,486	6,601	-
Financial income`75/76B`	3,020	1,065	-	-	-	-	1	12	-	-	3	1	-
Recurring financial income`75`	3,020	1,065	-	-	-	-	1	12	-	-	3	1	-
Financial charges`65/66B`	14,020	2,200	818	-	-	-	685	989	1,348	1,305	2,038	3,174	-
Recurring financial charges`65`	14,020	2,200	818	-	-	-	685	989	1,348	1,305	2,038	3,174	-
Profit (loss) for the period before taxes`9903`	193,579	193,000	32,609	2,003	-	-	435	1,486	4,565	-4,222	3,418	3,565	-
Income taxes`67/77`	-	61,000	-	-	-	-	0	591	1,889	2,014	1,264	-	-
Profit (loss) for the period`9904`	258,080	132,000	32,609	2,003	-	-	435	895	2,676	-6,236	2,154	3,565	-
Transfer from tax-exempt reserves`789`	-	-	-	-	-	-	0	-	-	-	-	-	-
Transfer to tax-exempt reserves`689`	-	-	-	-	-	-	0	-	-	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	258,080	132,000	32,609	2,003	-	-	435	895	2,676	-6,236	2,154	3,565	-
Appropriation of the result
Profit (loss) to be appropriated`9906`	391,032	132,952	952	-31,657	-33,660	-33,660	-33,660	-34,686	-35,581	-38,257	-32,021	-34,175	-
Transfer from equity`791/2`	-	-	-	-	-	-	0	-	-	-	-	-	-
Addition to contributions`691`	-	-	-	-	-	-	0	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	0	-	-	-	-	-	-
To other reserves`6921`	-	-	-	-	-	-	0	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	-	-	-	-	-	0	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	0	-	-	-	-	-	-
Social balance sheet
Hours worked`1013`	-	-	-	-	-	-	-	-	-	-	955	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 8 older financial years (1997-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2019 (PDF), filed on 22-01-2020.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2019	micro format	22-01-2020	2020-01900457	PDF
31-12-2018	micro format	29-10-2019	2019-72200416	PDF
31-12-2017	micro format	26-06-2018	2018-24800458	PDF
31-12-2016	micro format	03-04-2018	2018-09100440	PDF
31-12-2015	abbreviated format	03-04-2018	2018-09100565	PDF
31-12-2014	abbreviated format	03-04-2018	2018-09100391	PDF
31-12-2013	abbreviated format	09-07-2014	2014-28800090	PDF
31-12-2011	abbreviated format	18-10-2012	2012-61000548	PDF
31-12-2010	abbreviated format	11-07-2011	2011-26900013	PDF
31-12-2009	abbreviated format	08-07-2010	2010-28400435	PDF
31-12-2008	abbreviated format	16-09-2009	2009-75900050	PDF
31-12-2007	abbreviated format	22-07-2008	2008-42900287	PDF
31-12-2006	abbreviated format	30-07-2007	2007-48700114	PDF
31-12-2005	abbreviated format	21-08-2006	2006-64102207	PDF
31-12-2003	abbreviated format	30-08-2004	2004-61704982	PDF
31-12-2002	abbreviated format	29-08-2003	2003-64003288	PDF
31-12-2001	abbreviated format	10-12-2002	2002-75804991	PDF
31-12-2000	abbreviated format	21-12-2001	2001-77600089	PDF
31-12-1999	abbreviated format	21-12-2001	2001-77600103	PDF
31-12-1998	abbreviated format	29-09-2000	2000-60101885	PDF
31-12-1997	abbreviated format	11-12-1998	1998-61302940	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2019	2018	2017	2016	2015	2014	2013	2011	2010	2009	2008	2007	2006
EBITDA	210,629	196,586	-	-	-	-	1,389	2,239	1,955	4,350	12,253	17,424	-
Cash flow	264,130	134,451	-	-	-	-	704	6,671	8,303	1,395	10,921	14,388	-
Investment in fixed assets (approximation)	11,256	20,495	-	11,850	-	-	712	0	499	138	331	27,169	-
Change in cash	1,593	-	-	-	0	0	-	-851	-1,433	135	-	-	-
Working capital	377,252	124,378	10,422	-	-13,010	-13,010	-13,010	-15,206	-20,406	-22,737	-14,042	-3,549	20,805
EBIT margin	20.3%	-	-	-	-	-	2.1%	-	-	-1.3%	1.1%	2.2%	-
Solvency	90.7%	87.8%	51.7%	-87.2%	-	-	-	-	-123.7%	-71.0%	-28.8%	-17.7%	-
Current ratio	9.97	6.81	1.50	-	-	-	-	-	0.16	0.15	0.41	0.91	1.61
Quick ratio	7.63	3.25	1.50	-	-	-	-	-	0.16	0.15	0.16	0.16	0.14
Debt to equity	0.10	0.14	0.93	-	-	-	-	-	-	-	-	-	-
ROE	62.6%	85.6%	146.4%	-	-	-	-	-	-	-	-	-	-
ROA	56.8%	75.1%	75.7%	16.9%	-	-	-	-	23.2%	-26.2%	5.8%	4.9%	-
Customer credit	24 days	-	-	-	-	-	0 days	-	-	2 days	2 days	7 days	-
Supplier credit	20 days	-	-	-	-	-	-	-	-	0 days	4 days	33 days	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on BABILON

The operating result for 2019 is 5% higher than in 2018 and the highest since 2007. It is the third rise in a row.

Debt's share of the balance-sheet total falls from 12.2% to 9.3%. Equity and debt are higher.