BABUSHI
Open bankruptcyA bankruptcy procedure is open for BABUSHI according to publications in the Belgian State Gazette; curator: VERONIQUE DANCOT.
Summary
The 2020 annual accounts show equity of €24,359 and a net result of €4,992.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Namur division
- Declared bankrupt
- 23 January 2025
- Supervising judge
- Michel Degodenne
- Official Gazette
- 29-01-2025 (pdf) ↗search the document for 2025/103671
Curator
- Veronique DancotAvenue De La Plante 11/A, 5000 Namurv.dancot@avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check How is the Scheduled passenger transport by road sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, full schema
Turnover
€421,903▲ 168%
2019 · €157,640
EBIT margin
1.2%▲ 1.0pp
2019 · 0.1%
Net result
€4,992▲ 2,099%
2019 · €227
Working capital
€24,051▲ 43.3%
2019 · €16,779
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
Line20192020
Turnover€157,640-€421,903▲ 168%
Operating result€227-€4,992▲ 2,099%
Net result€227-€4,992▲ 2,099%
EBIT margin0.1%-1.2%▲ 1.0pp
Equity€19,367-€24,359▲ 25.8%
Total assets€20,327-€31,296▲ 54.0%
Debt€960-€6,937▲ 623%
Working capital€16,779-€24,051▲ 43.3%
Result per fiscal year
Operating resultNet result
The operating result rises in 2020; 2020 is 2,099% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €31,296
Fixed assets
€308 ▼ 88.1%
Current assets
€30,988 ▲ 74.7%
Equity and liabilities €31,296
Equity
€24,359 ▲ 25.8%
Debt
€6,937 ▲ 623%
Debt's share of the balance-sheet total rises from 4.7% to 22.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7,272▲
2019 · €2,507
Cash flow
€7,272▲
2019 · €2,507
Current ratio
4.47▼
2019 · 18.48
Debt to equity
0.28
ROE
20.5%▲
2019 · 1.2%
ROA
16.0%▲
2019 · 1.1%
Debt ≤ 1 year
€6,937▲
2019 · €960
Staff costs
€49,905
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Turnover70 | €157,640 | €421,903 | ▲ 168% |
| Goods, raw materials, services and sundry goods60/61 | - | €353,725 | - |
| Remuneration, social security and pensions62 | - | €49,905 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,280 | €2,280 | = |
| Other operating charges640/8 | - | €11,001 | - |
| Gross operating margin9900 | €30,025 | €68,178 | ▲ 127% |
| Operating profit (loss)9901 | €227 | €4,992 | ▲ 2,099% |
| Profit (loss) for the period before taxes9903 | €227 | €4,992 | ▲ 2,099% |
| Profit (loss) for the period9904 | €227 | €4,992 | ▲ 2,099% |
| Profit (loss) for the period to be appropriated9905 | €227 | €4,992 | ▲ 2,099% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €20,327 | €31,296 | ▲ 54.0% |
| Fixed assets21/28 | €2,588 | €308 | ▼ 88.1% |
| Tangible fixed assets22/27 | €2,528 | €248 | ▼ 90.2% |
| Furniture and vehicles24 | - | €248 | - |
| Financial fixed assets28 | €60 | €60 | = |
| Current assets29/58 | €17,739 | €30,988 | ▲ 74.7% |
| Stocks and contracts in progress3 | €17,710 | €0 | ▼ 100% |
| Stocks30/36 | - | €0 | - |
| Amounts receivable within one year40/41 | - | €20,871 | - |
| Trade receivables40 | - | €20,871 | - |
| Cash at bank and in hand54/58 | €29 | €10,117 | ▲ 34,786% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €20,327 | €31,296 | ▲ 54.0% |
| Equity10/15 | €19,367 | €24,359 | ▲ 25.8% |
| Contributions10/11 | €6,197 | €6,197 | = |
| Capital10 | - | €6,197 | - |
| Issued capital100 | - | €18,592 | - |
| Uncalled capital101 | - | €12,395 | - |
| Reserves13 | €500 | €500 | = |
| Non-distributable reserves130/1 | - | €500 | - |
| Legal reserve130 | - | €500 | - |
| Profit (loss) carried forward14 | €12,670 | €17,662 | ▲ 39.4% |
| Amounts payable17/49 | €960 | €6,937 | ▲ 623% |
| Amounts payable within one year42/48 | €960 | €6,937 | ▲ 623% |
| Trade debts44 | €960 | €6,937 | ▲ 623% |
| Suppliers440/4 | - | €6,937 | - |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €227 | €4,992 | ▲ 2,099% |
| + Depreciation and write-downs630 | €2,280 | €2,280 | = |
| Operating cash flow (approximation) | €2,507 | €7,272 | ▲ 190% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €10,088 | - |
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
29-01
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Namur · event 23-01-2025
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 436 days late
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
08-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 39 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 29 days late
2012
31-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalNBB filing
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, La Bruyère · 1 establishment unit since 2002
Ground area
912 m²
Building footprint
144 m²
Volume, LiDAR
1,702 m³
2 parcels, Wallonia · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BABUSHI
since 20022.113.305.445
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92102A0089/00Y003 | Wallonia | 833 m² | 1 · 73 m² | 10.5 m · 3 fl. |
| 92094C0111/00D018 | Wallonia | 80 m² | 1 · 71 m² | 16.0 m · 5 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VERONIQUE DANCOT AVENUE DE LA PLANTE 11/A,
5000 NAMUR |
23-01-2025 → present |
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DRIVE TO
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Of 963 companies in sector 49310 we hold annual accounts for 488. 346 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-1994
Fiscal year end31-12
Activities, NACEBEL 2025
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
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.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.