BABYLON CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of BABYLON CONSTRUCT is 2.4% (moderate). The 2025 annual accounts show equity of €10k and a net result of €23k. Equity is shrinking by ~94% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 22% of 27965 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency45▲+45
Growth22=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 0.18 in 2024; short-term debt: 80% and cash: 66.6% of total assets), and 80% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20%
Return on assets
44.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 22%
← weakest
strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
7 d early
2024
60 d late
2023
28 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€33k▼ 76.5%
2023 · €141k
2023: €141k
2024: €33k▼ -76.5% vs 2023
2023 → 2024
EBIT margin
-140.3%▼ 160.9pp
2023 · 20.7%
2023: 20.7%
2024: -140.3%▼ -778% vs 2023
2023 → 2024
Net result
€23k
2024 · €-46k
2023: €29khighest in 3 years
2024: €-46k▼ -261% vs 2023lowest in 3 years
2025: €23k▲ +149% vs 2024
2023 → 2025
Working capital
€4k
2024 · €-23k
2023: €31khighest in 3 years
2024: €-23k▼ -175% vs 2023lowest in 3 years
2025: €4k▲ +118% vs 2024
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€141k-€33k▼ 76.5%
2023: €141k
2024: €33k▼ -76.5% vs 2023
Equity€34k-€-13k€10k
2023: €34khighest in 3 years
2024: €-13k▼ -137% vs 2023lowest in 3 years
2025: €10k▲ +182% vs 2024
Operating result€29k-€-46k€29k
2023: €29k
2024: €-46k▼ -260% vs 2023lowest in 3 years
2025: €29k▲ +163% vs 2024highest in 3 years
Net result€29k-€-46k€23k
2023: €29khighest in 3 years
2024: €-46k▼ -261% vs 2023lowest in 3 years
2025: €23k▲ +149% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €29k after a loss of €46k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€6k ▼ 42.1%
Current assets
€46k ▲ 768%
Equity and liabilities €52k
Equity
€10k
Debt
€41k
Debt finances 80.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€34k▲
2024 · €-45k
Cash flow
€27k▲
2024 · €-45k
Current ratio
1.10▲
2024 · 0.18
Debt to equity
3.99▲
2024 · -2.26
ROE
221.4%
ROA
44.4%▲
2024 · -294.4%
Interest coverage
206.47▲
2024 · -425.45
Debt ≤ 1 year
€41k▲
2024 · €28k
Income taxes
€6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€16k€52k▲
Fixed assets21/28€11k€6k▼
Tangible fixed assets22/27€11k€6k▼
Furniture and vehicles24€11k€6k▼
Current assets29/58€5k€46k▲
Amounts receivable within one year40/41€3k€11k▲
Trade receivables40€2k€7k▲
Other amounts receivable41€843€5k▲
Cash at bank and in hand54/58€3k€34k▲
Equity and liabilities
Total equity and liabilities10/49€16k€52k▲
Equity10/15€-13k€10k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-18k€5k▲
Amounts payable17/49€28k€41k▲
Amounts payable within one year42/48€28k€41k▲
Trade debts44€7k€16k▲
Suppliers440/4€7k€16k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€19k€24k▲
Income statement
Code20242025
Turnover70€33k-
Goods, raw materials, services and sundry goods60/61€77k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€475€1k▲
Gross operating margin9900€-44k€35k▲
Operating profit (loss)9901€-46k€29k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€105€163▲
Recurring financial charges65€105€163▲
Profit (loss) for the period before taxes9903€-46k€29k▲
Income taxes67/77-€6k
Profit (loss) for the period9904€-46k€23k▲
Profit (loss) for the period to be appropriated9905€-46k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€5k▲
Profit (loss) brought forward from the previous period14P€29k€-18k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €141k | €33k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €110k | €77k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €4k | ▲ 172% |
| Other operating charges640/8 | €109 | €475 | €1k | ▲ 120% |
| Gross operating margin9900 | €30k | €-44k | €35k | ▲ 178% |
| Operating profit (loss)9901 | €29k | €-46k | €29k | ▲ 163% |
| Financial income75/76B | €1 | - | €0 | - |
| Recurring financial income75 | €1 | - | €0 | - |
| Financial charges65/66B | €136 | €105 | €163 | ▲ 54.7% |
| Recurring financial charges65 | €136 | €105 | €163 | ▲ 54.7% |
| Profit (loss) for the period before taxes9903 | €29k | €-46k | €29k | ▲ 162% |
| Income taxes67/77 | - | - | €6k | - |
| Profit (loss) for the period9904 | €29k | €-46k | €23k | ▲ 149% |
| Profit (loss) for the period to be appropriated9905 | €29k | €-46k | €23k | ▲ 149% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €57k | €16k | €52k | ▲ 227% |
| Fixed assets21/28 | €3k | €11k | €6k | ▼ 42.1% |
| Tangible fixed assets22/27 | €3k | €11k | €6k | ▼ 42.1% |
| Furniture and vehicles24 | €3k | €11k | €6k | ▼ 42.1% |
| Current assets29/58 | €54k | €5k | €46k | ▲ 768% |
| Amounts receivable within one year40/41 | €8k | €3k | €11k | ▲ 322% |
| Trade receivables40 | €6k | €2k | €7k | ▲ 264% |
| Other amounts receivable41 | €2k | €843 | €5k | ▲ 444% |
| Cash at bank and in hand54/58 | €46k | €3k | €34k | ▲ 1,222% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €57k | €16k | €52k | ▲ 227% |
| Equity10/15 | €34k | €-13k | €10k | ▲ 182% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €29k | €-18k | €5k | ▲ 130% |
| Amounts payable17/49 | €23k | €28k | €41k | ▲ 45.6% |
| Amounts payable within one year42/48 | €23k | €28k | €41k | ▲ 45.6% |
| Trade debts44 | €13k | €7k | €16k | ▲ 124% |
| Suppliers440/4 | €13k | €7k | €16k | ▲ 124% |
| Taxes, remuneration and social security45 | €2k | €2k | €2k | ▼ 16.9% |
| Taxes450/3 | €2k | €2k | €2k | ▼ 16.9% |
| Other amounts payable47/48 | €8k | €19k | €24k | ▲ 22.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €29k | €-46k | €23k | ▲ 149% |
| + Depreciation and write-downs630 | €1k | €2k | €4k | ▲ 172% |
| Operating cash flow (approximation) | €30k | €-45k | €27k | ▲ 161% |
| Investment in fixed assets (approximation) | - | €-9k | €0 | ▲ 100% |
| Change in cash | - | €-43k | €32k | ▲ 174% |
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
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 1.10
Current ratio from 0.18 to 1.10.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2022
Ground area
152 m²
Building footprint
206 m²
Volume, LiDAR
1,060 m³
Parcel 46013A0822/02Y000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BABYLON CONSTRUCT
since 20222.336.243.911
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46013A0822/02Y000 | Flanders | 152 m² | 1 · 206 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 4,117 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
Founded27-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.