Equity
-€25,536
Debts exceed assets in financial year 2025.
BaBo Projects
Lifetime
1 annual account with figurespeak -€13,466 (2025)
-€13,466
lowest -€28,536 (2025)
-€28,536
peak -€25,536 (2025)
-€25,536
€337,186
Board4 names since 2024
4 directorsBatens Benjamin and 3 others
Owners2 names in the annual accounts
50%Solid Splendid and 1 other
Documentsfilings and deeds
08-07-202623 days before the deadline
2025abbreviated format
Loss of €28,536First year with figures
Key points
from the 2025 annual accountsDebts
€337,186 108% of the balance sheet
Financial debts 86%Suppliers 3%Other 10%
Of this, €38,528 falls due within a year.
Position in the sector
-8.2%
Lower solvency than 89% of companies in real estate. Sector median 30.7% · 11,299 companies.
Turnover not published (abbreviated format)
Checked score
54
Fair
Financially stronger than 32% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 0.7%
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.8%▲ +0.1 percentage points vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.9%▲ +0.1 percentage points vs 03-2026
05-2026: 1.0%▲ +0.1 percentage points vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026highest value
07-2026: 0.9%▼ -0.1 percentage points vs 06-2026
08-2026: 0.5%▼ -0.4 percentage points vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€25,536
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €311,650
Founded in 2024
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 68, micro). It does better than 14% of them on solvency, 67% on liquidity and 17% on profitability.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as BaBo Projects has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BaBo Projects itself is lower: 0.5% within 12 months. It rests on far more data about BaBo Projects than the profile alone.
Test of the method
The method was tested on the 497,447 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 1,555 companies, not a prediction for BaBo Projects. 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.
Credit verdict
No credit on open account
Liquidity is ample, with a current ratio of 8.09, above the usual 1.5. Short-term debt is 12.4% and cash 5.8% of total assets. However, equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
23 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
BB
Batens Benjamin
Director, since 09-10-2024
- CLEDO bv consolidatesequity -€4,330 (2025) · annual accounts 2025
- Solid Splendid 50%equity €3.4m (2025) · 2025 annual accounts of Solid Splendid
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1014854382
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Antwerpen
1 director appointed, 1 resignation
Resignation: SOLID SPLENDID · Appointment: MARMAT · Permanent representative: MATHEUSSEN Michaël Alfons Friedel · General meeting of 09-10-2024 · Gazette deed
Incorporation
Founding capital of €3,000, 1,000 shares · Founders: SOLID SPLENDID and CleDo · Permanent representatives: MATHEUSSEN Michaël Alfons Friedel and BOGAERS Philip Petrus Johanna · published on 11-10-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BaBo Projects Schilde | €311,650 | -€13,466 | -8.2% | - |
| De Knaep Woonprojecten Kasterlee | €302,783 | -€68,247 | -18.4% | - |
| DB PROJECTONTWIKKELING Antwerp | €308,450 | -€8,385 | -3.3% | - |
| ESTATO Sint-Katelijne-Waver | €283,264 | -€2,300 | 9.7% | - |
| RJL Development Laakdal | €292,324 | -€2,811 | -3.9% | - |
| AILE SAINT NICOLAS 2.0 Liège | €308,428 | -€6,060 | 94.5% | - |
| HOME-IDEA Ingelmunster | €344,211 | -€8,623 | 25.0% | - |
These companies have the same main activity as BaBo Projects: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €283,000 and €344,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 09-10-2024Normal situation
- Activity
- Development of residential building projectsNACE 68121and 5 others
- Establishment unit
- 2.365.910.4692970 Schilde, since 09-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 03-09-2025
Annual accounts 2025
- €311,650
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on BaBo Projects
BaBo Projects has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€25,536) and a net result of -€28,536.
Its solvency ranks better than 11% of 11,299 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BaBo Projects
- What is the company number of BaBo Projects?
- The company number of BaBo Projects is 1014.854.382. The VAT number is the same number with BE in front: BE 1014.854.382.
- Where is BaBo Projects based?
- The registered office is at Wijnegemsteenweg 24, 2970 Schilde.Company details
- What does BaBo Projects do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of BaBo Projects?
- BaBo Projects is a private limited company (BV).
- When was BaBo Projects founded?
- BaBo Projects was founded on 09-10-2024.
- Is BaBo Projects still active?
- Yes, BaBo Projects is an active enterprise in the KBO register.
- What is the turnover of BaBo Projects?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is BaBo Projects profitable?
- In financial year 2025, BaBo Projects made a loss of €28,536.
- Where can I find the annual accounts of BaBo Projects?
- BaBo Projects filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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