BABO IMMO
ActiveSummary
BABO IMMO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€5,129) and a net result of -€10,129. Equity is shrinking by ~37.4% per year across the filed fiscal years. Its solvency ranks better than 13% of 1205 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▼-2
Solvency23▼-4
Growth40▲+2
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16 against 0.15 in 2023; short-term debt: 92.6% and cash: 4.2% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-2%
Return on assets
-4%
Age of the figures
21 mo
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
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€5,129
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
61 d late
2022
66 d late
2021
327 d late
2020
176 d late
2019
124 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 136 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€60,600▲ 5.5%
2023 · €57,421
EBIT margin
-14.6%▲ 6.8pp
2023 · -21.4%
Net result
-€10,129▼ 122%
2023 · -€4,558
Working capital
-€197,598▼ 15.5%
2023 · -€171,093
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€102,787▲ 38.4%€74,884▼ 27.1%€61,647▼ 17.7%€57,421▼ 6.9%€60,600▲ 5.5%
Operating result€32,733-€15,540-€34,278▼ 121%-€12,307▲ 64.1%-€8,842▲ 28.2%
Net result€23,754within the sector's middle half-€53,434below the sector's middle half-€40,398below the sector's middle half▲ 24.4%-€4,558within the sector's middle half▲ 88.7%-€10,129below the sector's middle half▼ 122%
EBIT margin31.8%▲ 47.9pp-20.8%▼ 52.6pp-55.6%▼ 34.9pp-21.4%▲ 34.2pp-14.6%▲ 6.8pp
Equity€103,391within the sector's middle half▲ 29.8%€49,956below the sector's middle half▼ 51.7%€9,558below the sector's middle half▼ 80.9%€5,000below the sector's middle half▼ 47.7%-€5,129below the sector's middle half
Total assets€344,167within the sector's middle half▼ 0.9%€269,981below the sector's middle half▼ 21.6%€249,618below the sector's middle half▼ 7.5%€242,812below the sector's middle half▼ 2.7%€253,232below the sector's middle half▲ 4.3%
Debt€240,776▼ 10.0%€220,025▼ 8.6%€240,060▲ 9.1%€237,812▼ 0.9%€258,361▲ 8.6%
Working capital-€26,644within the sector's middle half▲ 48.4%-€109,472below the sector's middle half▼ 311%-€124,219below the sector's middle half▼ 13.5%-€171,093below the sector's middle half▼ 37.7%-€197,598below the sector's middle half▼ 15.5%
Solvency30.0%within the sector's middle half▲ 7.1pp18.5%within the sector's middle half▼ 11.5pp3.8%below the sector's middle half▼ 14.7pp2.1%below the sector's middle half▼ 1.8pp-2.0%below the sector's middle half▼ 4.1pp
Current ratio0.79within the sector's middle half▲ 0.230.25below the sector's middle half▼ 0.540.29below the sector's middle half▲ 0.040.15below the sector's middle half▼ 0.140.16below the sector's middle half▲ 0.01
Return on assets (ROA)6.9%within the sector's middle half▲ 13.3pp-19.8%below the sector's middle half▼ 26.7pp-16.2%below the sector's middle half▲ 3.6pp-1.9%below the sector's middle half▲ 14.3pp-4.0%below the sector's middle half▼ 2.1pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,842 in 2024 against €12,307 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €253,232
Fixed assets
€216,309 ▲ 1.6%
Current assets
€36,923 ▲ 23.5%
Key figures and ratios
EBITDA
€28,360▲
2023 · €21,853
Cash flow
€27,073▼
2023 · €29,602
Debt to equity
-50.37▼
2023 · 47.56
Interest coverage
30.11▲
2023 · 13.69
Debt ≤ 1 year
€234,521▲
2023 · €200,991
Debt > 1 year
€23,840▼
2023 · €36,821
Income taxes
€345▲
2023 · -€9,345
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,799 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
5.9%
stopped otherwise
90%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,799 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €102,787 | €74,884 | €61,647 | €57,421 | €60,600 | ▲ 5.5% |
| Goods, raw materials, services and sundry goods60/61 | - | €31,416 | €45,840 | €30,400 | €26,987 | ▼ 11.2% |
| Remuneration, social security and pensions62 | - | €1,496 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,006 | €40,877 | €44,040 | €34,160 | €37,202 | ▲ 8.9% |
| Other operating charges640/8 | - | €4,586 | €6,045 | €5,168 | €5,253 | ▲ 1.6% |
| Gross operating margin9900 | €77,727 | €31,419 | €15,807 | €27,021 | €33,613 | ▲ 24.4% |
| Operating profit (loss)9901 | €32,733 | -€15,540 | -€34,278 | -€12,307 | -€8,842 | ▲ 28.2% |
| Financial income75/76B | - | €18 | - | - | - | - |
| Recurring financial income75 | - | €18 | - | - | - | - |
| Financial charges65/66B | - | €3,207 | €2,120 | €1,596 | €942 | ▼ 41.0% |
| Recurring financial charges65 | €8,552 | €3,207 | €2,120 | €1,596 | €942 | ▼ 41.0% |
| Profit (loss) for the period before taxes9903 | €24,181 | -€18,729 | -€36,398 | -€13,903 | -€9,784 | ▲ 29.6% |
| Income taxes67/77 | €427 | €34,705 | €4,000 | -€9,345 | €345 | ▲ 104% |
| Profit (loss) for the period9904 | €23,754 | -€53,434 | -€40,398 | -€4,558 | -€10,129 | ▼ 122% |
| Profit (loss) for the period to be appropriated9905 | €23,754 | -€53,434 | -€40,398 | -€4,558 | -€10,129 | ▼ 122% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €344,167 | €269,981 | €249,618 | €242,812 | €253,232 | ▲ 4.3% |
| Fixed assets21/28 | €240,997 | €232,964 | €198,924 | €212,914 | €216,309 | ▲ 1.6% |
| Tangible fixed assets22/27 | €240,997 | €232,964 | €198,924 | €212,914 | €216,309 | ▲ 1.6% |
| Land and buildings22 | - | €219,211 | €195,694 | €212,904 | €216,299 | ▲ 1.6% |
| Furniture and vehicles24 | - | €13,753 | €3,230 | €10 | €10 | = |
| Current assets29/58 | €103,170 | €37,017 | €50,694 | €29,898 | €36,923 | ▲ 23.5% |
| Amounts receivable within one year40/41 | €78,550 | €32,589 | €41,425 | €23,459 | €26,353 | ▲ 12.3% |
| Trade receivables40 | - | €19,844 | €22,419 | €17,707 | €14,817 | ▼ 16.3% |
| Other amounts receivable41 | - | €12,745 | €19,006 | €5,752 | €11,536 | ▲ 101% |
| Cash at bank and in hand54/58 | €21,504 | €4,428 | €9,269 | €6,439 | €10,570 | ▲ 64.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €344,167 | €269,981 | €249,618 | €242,812 | €253,232 | ▲ 4.3% |
| Equity10/15 | €103,391 | €49,956 | €9,558 | €5,000 | -€5,129 | ▼ 203% |
| Contributions10/11 | €124,000 | €124,000 | €124,000 | €124,000 | €124,000 | = |
| Capital10 | - | €124,000 | €124,000 | €124,000 | €124,000 | = |
| Issued capital100 | - | €124,000 | €124,000 | €124,000 | €124,000 | = |
| Profit (loss) carried forward14 | -€20,609 | -€74,044 | -€114,442 | -€119,000 | -€129,129 | ▼ 8.5% |
| Amounts payable17/49 | €240,776 | €220,025 | €240,060 | €237,812 | €258,361 | ▲ 8.6% |
| Amounts payable after more than one year17 | €110,962 | €73,536 | €53,647 | €36,821 | €23,840 | ▼ 35.3% |
| Financial debts170/4 | - | €73,536 | €53,647 | €36,821 | €23,840 | ▼ 35.3% |
| Amounts payable within one year42/48 | €129,814 | €146,489 | €174,913 | €200,991 | €234,521 | ▲ 16.7% |
| Trade debts44 | €2,058 | €21,516 | - | €859 | - | - |
| Suppliers440/4 | - | €21,516 | - | €859 | - | - |
| Taxes, remuneration and social security45 | - | €7,360 | €8,007 | €20 | - | - |
| Taxes450/3 | - | €7,360 | €8,007 | €20 | - | - |
| Other amounts payable47/48 | - | €117,613 | €166,906 | €200,112 | €234,521 | ▲ 17.2% |
| Accrued charges and deferred income492/3 | - | - | €11,500 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,754 | -€53,434 | -€40,398 | -€4,558 | -€10,129 | ▼ 122% |
| + Depreciation and write-downs630 | €40,006 | €40,877 | €44,040 | €34,160 | €37,202 | ▲ 8.9% |
| Operating cash flow (approximation) | €63,760 | -€12,557 | €3,642 | €29,602 | €27,073 | ▼ 8.5% |
| Investment in fixed assets (approximation) | - | -€32,844 | -€10,000 | -€48,150 | -€40,597 | ▲ 15.7% |
| Change in cash | - | -€17,076 | €4,841 | -€2,830 | €4,131 | ▲ 246% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 66 days late
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 327 days late
2022
23-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 176 days late
2021
31-12
Financial
Weakest financial yearnet -€53,434
Net result drops to -€53,434, the lowest in the series; recovery starts the following year.
2020
31-12
Financial
Back to profitnet €23,754
Net result €23,754 after 2 loss-making years.
31-12
Financial
Equity above €100,000Eq €103,391 ▲29.8%
Equity rises from €79,637 to €103,391.
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 124 days late
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 68 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 52 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Charleroi · 1 establishment unit since 2003
Ground area
826 m²
Building footprint
111 m²
Volume, LiDAR
1,112 m³
Parcel 52412A0222/00M003, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Récollets 4, 6061 Charleroi
since 20032.133.567.161
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52412A0222/00M003 | Wallonia | 826 m² | 1 · 111 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. 3,140 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded11-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0861350892
Also
9925:BE0861350892
Registered
13-02-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.