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BABOR

Active
Private limited companyfounded 201610 yrs activeAvenue Léopold III 2, 1410 Waterloo, BelgiumKBO/BCE: BE 0657.990.689
Summary

BABOR has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €456,690 and a net result of €28,013. Equity is growing by ~26.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability71=
Solvency52▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity short (current ratio 0.14 against 0.14 in 2024; short-term debt: 65.3% and cash: 0.2% of total assets), and 72.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
27.2%
Return on assets
1.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 9 filings
Deviation from the deadline
2025
27 d late
2024
27 d late
2023
21 d late
2022
15 d late
2021
22 d late
2020
13 d late
2019
42 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 24 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BABOR was incorporated on 4 July 2016.1 Total assets went from EUR 1.8 million in 2018 to EUR 1.7 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€28,013▼ 18.3%
2024 · €34,275
Working capital
-€944,879▼ 9.3%
2024 · -€864,754
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€35,685▼ 6.4%-€11,394€35,861€44,526▲ 24.2%€43,334▼ 2.7%
Net result€19,302▲ 58.7%-€24,801€25,732€34,275▲ 33.2%€28,013▼ 18.3%
Equity€113,471▲ 20.5%€368,670▲ 225%€394,402▲ 7.0%€428,677▲ 8.7%€456,690▲ 6.5%
Total assets€2.0m▲ 1.9%€1.9m▼ 5.3%€1.8m▼ 4.4%€1.8m▼ 4.0%€1.7m▼ 4.5%
Debt€1.9m▲ 1.0%€1.5m▼ 19.0%€1.4m▼ 7.1%€1.3m▼ 7.5%€1.2m▼ 8.0%
Working capital-€994,798▼ 14.4%-€810,553▲ 18.5%-€826,212▼ 1.9%-€864,754▼ 4.7%-€944,879▼ 9.3%
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2021: €35,685€35,685Net result 2021: €19,302€19,302Operating result 2022: -€11,394-€11,394Net result 2022: -€24,801-€24,801Operating result 2023: €35,861€35,861Net result 2023: €25,732€25,732Operating result 2024: €44,526€44,526Net result 2024: €34,275€34,275Operating result 2025: €43,334€43,334Net result 2025: €28,013€28,01320212022202320242025€0€20,000€40,000Operating result 2023: €35,861€35,900Net result 2023: €25,732€25,700Operating result 2024: €44,526€44,500Net result 2024: €34,275€34,300Operating result 2025: €43,334€43,300Net result 2025: €28,013€28,000202320242025
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets €1.5m ▼ 5.3%
Current assets €151,222 ▲ 5.3%
Equity and liabilities €1.7m
Equity €456,690 ▲ 6.5%
Debt €1.2m ▼ 8.0%
Debt's share of the balance-sheet total falls from 75.6% to 72.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€129,399▼
2024 · €130,590
Cash flow
€114,077▼
2024 · €120,340
Current ratio
0.14▼
2024 · 0.14
Debt to equity
2.67▼
2024 · 3.10
ROE
6.1%▼
2024 · 8.0%
ROA
1.7%▼
2024 · 2.0%
Interest coverage
8.45▼
2024 · 12.74
Debt ≤ 1 year
€1.1m▲
2024 · €1.0m
Debt > 1 year
€122,964▼
2024 · €284,020
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,098 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 98% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
0.9% went bankrupt
0.9% stopped otherwise
98% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 4,098 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.8m€1.7m▼
Fixed assets21/28€1.6m€1.5m▼
Tangible fixed assets22/27€1.6m€1.5m▼
Land and buildings22€1.4m€1.4m▼
Plant, machinery and equipment23€170,830€142,440▼
Current assets29/58€143,550€151,222▲
Amounts receivable within one year40/41€120,000€120,000=
Trade receivables40€120,000€120,000=
Cash at bank and in hand54/58€4,517€2,991▼
Deferred charges and accrued income490/1€19,033€28,232▲
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.7m▼
Equity10/15€428,677€456,690▲
Contributions10/11€560,000€560,000=
Reserves13€28,000€28,000=
Non-distributable reserves130/1€28,000€28,000=
Reserves not available under the articles1311€28,000€28,000=
Profit (loss) carried forward14-€159,323-€131,310▲
Amounts payable17/49€1.3m€1.2m▼
Amounts payable after more than one year17€284,020€122,964▼
Financial debts170/4€284,020€122,964▼
Amounts payable within one year42/48€1.0m€1.1m▲
Current portion of amounts payable after more than one year42€159,400€161,055▲
Trade debts44-€2,409
Suppliers440/4-€2,409
Other amounts payable47/48€848,904€932,637▲
Accrued charges and deferred income492/3€35,456€2,309▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86,064€86,064=
Other operating charges640/8€36,007€51,204▲
Gross operating margin9900€166,598€180,603▲
Operating profit (loss)9901€44,526€43,334▼
Financial charges65/66B€10,250€15,321▲
Recurring financial charges65€10,250€15,321▲
Profit (loss) for the period before taxes9903€34,275€28,013▼
Profit (loss) for the period9904€34,275€28,013▼
Profit (loss) for the period to be appropriated9905€34,275€28,013▼
Appropriation of the result
Profit (loss) to be appropriated9906-€159,323-€131,310▲
Profit (loss) brought forward from the previous period14P-€193,598-€159,323▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77,208€87,822€86,064€86,064€86,064=
Other operating charges640/8€18,910€31,073€35,433€36,007€51,204▲ 42.2%
Gross operating margin9900€131,803€107,501€157,358€166,598€180,603▲ 8.4%
Operating profit (loss)9901€35,685-€11,394€35,861€44,526€43,334▼ 2.7%
Financial income75/76B€0-----
Recurring financial income75€0-----
Financial charges65/66B€16,383€13,407€10,130€10,250€15,321▲ 49.5%
Recurring financial charges65€16,383€13,407€10,130€10,250€15,321▲ 49.5%
Profit (loss) for the period before taxes9903€19,302-€24,801€25,732€34,275€28,013▼ 18.3%
Profit (loss) for the period9904€19,302-€24,801€25,732€34,275€28,013▼ 18.3%
Profit (loss) for the period to be appropriated9905€19,302-€24,801€25,732€34,275€28,013▼ 18.3%
Line20212022202320242025Change
Assets
Total assets20/58€2.0m€1.9m€1.8m€1.8m€1.7m▼ 4.5%
Fixed assets21/28€1.9m€1.8m€1.7m€1.6m€1.5m▼ 5.3%
Tangible fixed assets22/27€1.9m€1.8m€1.7m€1.6m€1.5m▼ 5.3%
Land and buildings22€1.6m€1.6m€1.5m€1.4m€1.4m▼ 4.0%
Plant, machinery and equipment23€257,756€227,609€199,219€170,830€142,440▼ 16.6%
Current assets29/58€147,935€128,727€130,454€143,550€151,222▲ 5.3%
Amounts receivable within one year40/41€120,000€120,000€120,000€120,000€120,000=
Trade receivables40€120,000€120,000€120,000€120,000€120,000=
Cash at bank and in hand54/58€14,746€1,948€3,464€4,517€2,991▼ 33.8%
Deferred charges and accrued income490/1€13,189€6,780€6,989€19,033€28,232▲ 48.3%
Equity and liabilities
Total equity and liabilities10/49€2.0m€1.9m€1.8m€1.8m€1.7m▼ 4.5%
Equity10/15€113,471€368,670€394,402€428,677€456,690▲ 6.5%
Contributions10/11€280,000€560,000€560,000€560,000€560,000=
Capital10€280,000-----
Issued capital100€280,000-----
Reserves13€28,000€28,000€28,000€28,000€28,000=
Non-distributable reserves130/1€28,000€28,000€28,000€28,000€28,000=
Legal reserve130€28,000-----
Reserves not available under the articles1311-€28,000€28,000€28,000€28,000=
Profit (loss) carried forward14-€194,529-€219,330-€193,598-€159,323-€131,310▲ 17.6%
Amounts payable17/49€1.9m€1.5m€1.4m€1.3m€1.2m▼ 8.0%
Amounts payable after more than one year17€757,322€601,182€443,420€284,020€122,964▼ 56.7%
Financial debts170/4€757,322€601,182€443,420€284,020€122,964▼ 56.7%
Amounts payable within one year42/48€1.1m€939,281€956,666€1.0m€1.1m▲ 8.7%
Current portion of amounts payable after more than one year42€154,536€156,141€157,762€159,400€161,055▲ 1.0%
Trade debts44€57---€2,409-
Suppliers440/4€57---€2,409-
Other amounts payable47/48€988,140€783,140€798,904€848,904€932,637▲ 9.9%
Accrued charges and deferred income492/3€7,266€4,630€34,937€35,456€2,309▼ 93.5%
Line20212022202320242025Change
Profit (loss) for the period9904€19,302-€24,801€25,732€34,275€28,013▼ 18.3%
+ Depreciation and write-downs630€77,208€87,822€86,064€86,064€86,064=
Operating cash flow (approximation)€96,510€63,020€111,796€120,340€114,077▼ 5.2%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€12,799€1,517€1,053-€1,527▼ 245%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
21-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 21 days late
2023
31-12
Financial Back to profitnet €25,732
Net result €25,732 after one loss-making year.
15-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 15 days late
2022
31-12
Financial Equity above €200,000Eq €368,670 ▲225%
Equity rises from €113,471 to €368,670.
22-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
31-12
Financial Equity above €100,000Eq €113,471 ▲20.5%
3 profitable years in a row build equity to €113,471.
13-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 13 days late
2020
11-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 42 days late
2019
31-12
Financial Back to profitnet €100,763
Net result €100,763 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Waterloo · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
4,526 m²
Building footprint
1,248 m²
Volume, LiDAR
12,362 m³
2 parcels, Wallonia · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Rue d'Enghien 51, 7000 Mons
Real estate development
since 20162.256.904.740
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53403E0192/00F002
ProtectedMonument
Wallonia 2,273 m² 1 · 1,004 m² 17.1 m · 5 fl.
25762G0341/00B000 Wallonia 2,253 m² 1 · 243 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Identification & contact

Identification
Legal formPrivate limited company
Founded04-07-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.