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BABUS

Active
Private limited companyfounded 2024active for 2 yearsGreepstraat 25, 1000 Brussel, BelgiumKBO/BCE: BE 1010.977.352
Summary

The computed 12-month bankruptcy probability of BABUS is 11.0% (high). The 2025 annual accounts show equity of €1,103 and a net result of €1,103. Its solvency ranks better than 24% of 22,195 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Turnover
€180,066
EBIT margin
1.3%
Net result
€1,103
Working capital
€20,380
Balance-sheet composition
Assets €31,822
Fixed assets €4,423
Current assets €27,399
Equity and liabilities €31,822
Equity €1,103
Debt €30,719
Debt finances 96.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€2,885
Cash flow
€1,568
Current ratio
3.90
Quick ratio
0.36
Debt to equity
27.84
ROE
100.0%
ROA
3.5%
Interest coverage
2.63
Debt ≤ 1 year
€7,019
Debt > 1 year
€23,700
Income taxes
€276
Staff costs
€220

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.3% stopped otherwise
92% still going

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

For this company itself Checked computes a higher bankruptcy probability: 11.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

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 2,135 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 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€31,822
Fixed assets21/28€4,423
Tangible fixed assets22/27€4,423
Plant, machinery and equipment23€4,423
Current assets29/58€27,399
Stocks and contracts in progress3€24,857
Stocks30/36€24,857
Amounts receivable within one year40/41€2,479
Trade receivables40€621
Other amounts receivable41€1,858
Cash at bank and in hand54/58€63
Equity and liabilities
Total equity and liabilities10/49€31,822
Equity10/15€1,103
Profit (loss) carried forward14€1,103
Amounts payable17/49€30,719
Amounts payable after more than one year17€23,700
Other amounts payable178/9€23,700
Amounts payable within one year42/48€7,019
Trade debts44€6,671
Suppliers440/4€6,671
Taxes, remuneration and social security45€341
Taxes450/3€341
Other amounts payable47/48€7
Income statement Code2025
Turnover70€180,066
Goods, raw materials, services and sundry goods60/61€178,257
Remuneration, social security and pensions62€220
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€465
Other operating charges640/8€50
Gross operating margin9900€3,155
Operating profit (loss)9901€2,420
Financial income75/76B€54
Recurring financial income75€54
Financial charges65/66B€1,095
Recurring financial charges65€1,095
Profit (loss) for the period before taxes9903€1,379
Income taxes67/77€276
Profit (loss) for the period9904€1,103
Profit (loss) for the period to be appropriated9905€1,103
Appropriation of the result
Profit (loss) to be appropriated9906€1,103

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€180,066
Goods, raw materials, services and sundry goods60/61€178,257
Remuneration, social security and pensions62€220
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€465
Other operating charges640/8€50
Gross operating margin9900€3,155
Operating profit (loss)9901€2,420
Financial income75/76B€54
Recurring financial income75€54
Financial charges65/66B€1,095
Recurring financial charges65€1,095
Profit (loss) for the period before taxes9903€1,379
Income taxes67/77€276
Profit (loss) for the period9904€1,103
Profit (loss) for the period to be appropriated9905€1,103
Line2025
Assets
Total assets20/58€31,822
Fixed assets21/28€4,423
Tangible fixed assets22/27€4,423
Plant, machinery and equipment23€4,423
Current assets29/58€27,399
Stocks and contracts in progress3€24,857
Stocks30/36€24,857
Amounts receivable within one year40/41€2,479
Trade receivables40€621
Other amounts receivable41€1,858
Cash at bank and in hand54/58€63
Equity and liabilities
Total equity and liabilities10/49€31,822
Equity10/15€1,103
Profit (loss) carried forward14€1,103
Amounts payable17/49€30,719
Amounts payable after more than one year17€23,700
Other amounts payable178/9€23,700
Amounts payable within one year42/48€7,019
Trade debts44€6,671
Suppliers440/4€6,671
Taxes, remuneration and social security45€341
Taxes450/3€341
Other amounts payable47/48€7
Line2025
Profit (loss) for the period9904€1,103
+ Depreciation and write-downs630€465
Operating cash flow (approximation)€1,568

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

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