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Baboon Labs

Active
Public limited companyfounded 2023active for 3 yearsVeldkant 33 A, 2550 Kontich, BelgiumKBO/BCE: BE 0798.957.821

Financials · financial year 2025, full format

2025 annual accounts filed 24 days after the deadline Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00446078.

Annual accounts 2025 filed on 24-08-2026 at the NBB all 2 filings

Turnover
€373,036
EBIT margin
-27.9%
Net result
-€12,127▲ 88.9%
2024 · -€109,633
Working capital
-€59,760▼ 25.5%
2024 · -€47,633
Multi-year overview
2024 to 2025, 2 financial years
Turnover
no figure
2025
20242025
Operating result
-€8,734
▲ 91.6% 2025
20242025
Net result
-€12,127
▲ 88.9% 2025
middle half of the sector
20242025
EBIT margin
no figure
2025
20242025
Equity
-€59,760
▼ 25.5% 2025
lowest quarter of the sector
20242025
Total assets
€5,340
▼ 61.6% 2025
lowest quarter of the sector
20242025
Debt
€65,100
▲ 5.8% 2025
20242025
Working capital
-€59,760
▼ 25.5% 2025
lowest quarter of the sector
20242025
Solvency
no figure
2025
20242025
Current ratio
0.08
▼ 0.14 2025
lowest quarter of the sector
20242025
Return on assets (ROA)
-227.1%
▲ 561.1pp 2025
lowest quarter of the sector
20242025
Staff (FTE)
no figure
2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Turnover€373,036-
Operating result-€104,033--€8,734▲ 91.6%
Net result-€109,633below the sector's middle half--€12,127within the sector's middle half▲ 88.9%
EBIT margin-27.9%-
Equity-€47,633below the sector's middle half--€59,760below the sector's middle half▼ 25.5%
Total assets€13,910below the sector's middle half-€5,340below the sector's middle half▼ 61.6%
Debt€61,543-€65,100▲ 5.8%
Working capital-€47,633below the sector's middle half--€59,760below the sector's middle half▼ 25.5%
Solvency-342.4%below the sector's middle half-
Current ratio0.23below the sector's middle half-0.08below the sector's middle half▼ 0.14
Return on assets (ROA)-788.1%below the sector's middle half--227.1%below the sector's middle half▲ 561.1pp
Staff (FTE)1.7within the sector's middle half-
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €8,734, smaller than the loss of €104,033 in 2024.

Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€65,100▲
2024 · €61,543
Supplier credit
184 days▲
2024 · 4 days
A ratio outside any meaningful range has been withheld (balance sheet total €5,340, equity -€59,760).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-2024
Employees at the balance-sheet date1
full-time1
in full-time equivalents1
Average over the year, in full-time equivalents1.7
On a permanent contract1
Joined3
Left2
Training hours25

Source: social balance sheet in the 2024 annual accounts

Investments

fixed assets acquired
Item20242025
Tangible fixed assets€4,396-
Depreciation and write-downs of the year€1,927-

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€13,910€5,340▼
Current assets29/58€13,910€5,340▼
Amounts receivable within one year40/41€8,811€640▼
Other amounts receivable41€8,811€640▼
Cash at bank and in hand54/58€5,100€4,700▼
Equity and liabilities
Total equity and liabilities10/49€13,910€5,340▼
Equity10/15-€47,633-€59,760▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Profit (loss) carried forward14-€109,633-€121,760▼
Amounts payable17/49€61,543€65,100▲
Amounts payable within one year42/48€61,543€65,100▲
Trade debts44€3,650€4,057▲
Suppliers440/4€3,650€4,057▲
Taxes, remuneration and social security45€363€363=
Taxes450/3€363€363=
Other amounts payable47/48€57,531€60,681▲
Income statement Code20242025
Turnover70€373,036-
Non-recurring operating income76A€115-
Goods, raw materials, services and sundry goods60/61€365,102€8,052▼
Remuneration, social security and pensions62€108,879-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,927-
Other operating charges640/8€1,817€682▼
Gross operating margin9900€8,590-€8,052▼
Operating profit (loss)9901-€104,033-€8,734▲
Financial income75/76B€101-
Recurring financial income75€101-
Financial charges65/66B€5,338€3,393▼
Recurring financial charges65€5,338€3,393▼
Profit (loss) for the period before taxes9903-€109,270-€12,127▲
Income taxes67/77€363-
Profit (loss) for the period9904-€109,633-€12,127▲
Profit (loss) for the period to be appropriated9905-€109,633-€12,127▲
Appropriation of the result
Profit (loss) to be appropriated9906-€109,633-€121,760▼
Profit (loss) brought forward from the previous period14P--€109,633
Social balance sheet
Average headcount (FTE)90871.7-

Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.

Line20242025Change
Turnover70€373,036--
Non-recurring operating income76A€115--
Goods, raw materials, services and sundry goods60/61€365,102€8,052▼ 97.8%
Remuneration, social security and pensions62€108,879--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,927--
Other operating charges640/8€1,817€682▼ 62.4%
Gross operating margin9900€8,590-€8,052-
Operating profit (loss)9901-€104,033-€8,734▲ 91.6%
Financial income75/76B€101--
Recurring financial income75€101--
Financial charges65/66B€5,338€3,393▼ 36.4%
Recurring financial charges65€5,338€3,393▼ 36.4%
Profit (loss) for the period before taxes9903-€109,270-€12,127▲ 88.9%
Income taxes67/77€363--
Profit (loss) for the period9904-€109,633-€12,127▲ 88.9%
Profit (loss) for the period to be appropriated9905-€109,633-€12,127▲ 88.9%
Line20242025Change
Assets
Total assets20/58€13,910€5,340▼ 61.6%
Current assets29/58€13,910€5,340▼ 61.6%
Amounts receivable within one year40/41€8,811€640▼ 92.7%
Other amounts receivable41€8,811€640▼ 92.7%
Cash at bank and in hand54/58€5,100€4,700▼ 7.8%
Equity and liabilities
Total equity and liabilities10/49€13,910€5,340▼ 61.6%
Equity10/15-€47,633-€59,760▼ 25.5%
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Profit (loss) carried forward14-€109,633-€121,760▼ 11.1%
Amounts payable17/49€61,543€65,100▲ 5.8%
Amounts payable within one year42/48€61,543€65,100▲ 5.8%
Trade debts44€3,650€4,057▲ 11.2%
Suppliers440/4€3,650€4,057▲ 11.2%
Taxes, remuneration and social security45€363€363=
Taxes450/3€363€363=
Other amounts payable47/48€57,531€60,681▲ 5.5%
Line20242025Change
Profit (loss) for the period9904-€109,633-€12,127▲ 88.9%
+ Depreciation and write-downs630€1,927--
Operating cash flow (approximation)-€107,706-€12,127▲ 88.7%
Change in cash--€400-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 7,639 companies had the same profile as Baboon Labs has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
84.8% was still going
5.6% stopped otherwise
8.8% went bankrupt

Another 0.7% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Baboon Labs itself is lower: 0.2% within 12 months. It rests on far more data about Baboon Labs 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 7,639 companies, not a prediction for Baboon Labs. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 full format 24-08-2026 2026-00446078 PDF
31-12-2024 abbreviated format 08-07-2025 2025-00256491 PDF

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