Result
€22,898 €22,898
Back in profit in 2025, after a loss of €46,495 in 2024.
BABYLON CONSTRUCT
Lifetime
3 annual accounts with figures on one time axispeak €34,656 (2025)
€34,656▲ €78,938
lowest -€46,495 (2024)
€22,898▲ €69,393
peak €33,938 (2023)
€10,341▲ €22,898
€41,282▲ 45.6%
Board2 names since 2022
1 directorHAMEED Wisam Hasan
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
Gross margin from -€44,282 to €34,656Back to profit: €22,898Equity from -€12,557 to €10,341Debts from €28,352 to €41,282Cash from €2,601 to €34,370
Key points
from the 2025 annual accountsTurnover
≈ €300,000 estimated
The micro format states no turnover.
Debts
€41,282 80% of the balance sheet
Suppliers 39%Taxes and wages 4%Other 57%
Liquidity
1.10 was 0.18 in 2024
Short-term debts rose from €28,352 to €41,282.
Filings
3 annual accounts 2 late
The 2024 accounts came latest: 60 days after the end of the period.
Position in the sector
€10,341
Less equity than 83% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
68
Healthy
Financially stronger than 66% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.5%▼ -0.1 percentage points vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025lowest value
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▲ +0.3 percentage points vs 07-2025
09-2025: 1.1%▲ +0.2 percentage points vs 08-2025
10-2025: 1.8%▲ +0.7 percentage points vs 09-2025
11-2025: 3.5%▲ +1.7 percentage points vs 10-2025
12-2025: 3.5%● unchanged vs 11-2025
01-2026: 3.5%● unchanged vs 12-2025
02-2026: 3.6%▲ +0.1 percentage points vs 01-2026highest value
03-2026: 3.5%▼ -0.1 percentage points vs 02-2026
04-2026: 3.5%● unchanged vs 03-2026
05-2026: 3.5%● unchanged vs 04-2026
06-2026: 3.2%▼ -0.3 percentage points vs 05-2026
07-2026: 3.3%▲ +0.1 percentage points vs 06-2026
08-2026: 1.0%▼ -2.3 percentage points vs 07-2026
09-2026: 0.9%▼ -0.1 percentage points vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2022
1 of the last 3 accounts late
Equity €10,341 (20.0% of total assets)
lowers risk
Liquidity: current ratio 1.10, cash €34,370
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 22% of them on solvency, 53% on liquidity, 92% on profitability and 95% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as BABYLON CONSTRUCT has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BABYLON CONSTRUCT itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 7,976 companies, not a prediction for BABYLON CONSTRUCT. 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.
Credit verdict
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.1 (0.18 in 2024), below the usual 1.5. Short-term debt is 80% and cash 66.6% of total assets. 80% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 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 days early
2024
60 days late
2023
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 27 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (3 of the last 3 accounts filed within 36 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0791489118
Transfer of 50 shares from Eeda Hussein to Hameed Wisam
Resignation: Eeda Hussein (director) · General meeting of 08-03-2023 · Gazette deed
First establishment
Ambachtstraat 27, Beveren-Kruibeke-Zwijndrecht
Incorporation
Founding capital of €5,000, 100 shares · Founders: HAMEED Wisam Hasan and EEDA Hussein Talib Jasim · Appointments: HAMEED Wisam Hasan (director) and EEDA Hussein Talib Jasim (director) · published on 30-09-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BABYLON CONSTRUCT Beveren-Kruibeke-Zwijndrecht | - | - | 20.0% | - |
| BOL CONCEPT Ronse | €99,690 | 5.4% | 18.1% | - |
| P.C.G.S. GROUP Aalst | €84,782 | 35.0% | 77.3% | - |
| T-Technics Brakel | - | - | 16.4% | - |
| KRALO Geraardsbergen | - | - | 57.6% | - |
| CTI RENOV Brussels | - | - | 92.5% | - |
| BERISHA Sint-Truiden | - | - | 5.6% | - |
These companies have the same main activity as BABYLON CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €43,600 and €58,700, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 27-09-2022Normal situation
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment unit
- 2.336.243.9119150 Beveren-Kruibeke-Zwijndrecht, since 01-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Annual accounts 2025
- €51,622▲ 227%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on BABYLON CONSTRUCT
BABYLON CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €30,331 in 2023 to €34,656 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BABYLON CONSTRUCT
- What is the company number of BABYLON CONSTRUCT?
- The company number of BABYLON CONSTRUCT is 0791.489.118. The VAT number is the same number with BE in front: BE 0791.489.118.
- Where is BABYLON CONSTRUCT based?
- The registered office is at Ambachtstraat 27, 9150 Beveren-Kruibeke-Zwijndrecht.Company details
- What does BABYLON CONSTRUCT do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of BABYLON CONSTRUCT?
- BABYLON CONSTRUCT is a private limited company (BV).
- When was BABYLON CONSTRUCT founded?
- BABYLON CONSTRUCT was founded on 27-09-2022.
- Is BABYLON CONSTRUCT still active?
- Yes, BABYLON CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of BABYLON CONSTRUCT?
- The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €34,656 and 94 comparable companies (NACE 43990). It probably lies between €200,000 and €530,000. In financial year 2024 turnover was €33,072.Financials
- Is BABYLON CONSTRUCT profitable?
- In financial year 2025, BABYLON CONSTRUCT made a profit of €22,898.
- Where can I find the annual accounts of BABYLON CONSTRUCT?
- BABYLON CONSTRUCT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BABYLON CONSTRUCT due?
- BABYLON CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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