BABYLONE BREWERIES
ActiveSummary
The computed 12-month bankruptcy probability of BABYLONE BREWERIES is 4.9% (elevated). The 2025 annual accounts show negative equity (-€59,458) and a net result of -€27,243. Equity is shrinking by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 13683 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.08 in 2024; short-term debt: 691.4% and cash: 1.9% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-591.4%
Return on assets
-271%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€59,458
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
31 d late
2023
26 d late
2022
28 d late
2021
15 d late
2020
30 d late
2019
65 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed 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. Usually files around 27 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€27,243
2024 · €3,688
Working capital
-€67,287▼ 78.8%
2024 · -€37,629
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€18,320▼ 277%-€15,998▲ 12.7%€251€3,894▲ 1,451%-€27,036
Net result-€18,586below the sector's middle half▼ 273%-€16,115below the sector's middle half▲ 13.3%€152within the sector's middle half€3,688within the sector's middle half▲ 2,326%-€27,243below the sector's middle half
Equity-€19,939below the sector's middle half▼ 1,374%-€36,054below the sector's middle half▼ 80.8%-€35,902below the sector's middle half▲ 0.4%-€32,214below the sector's middle half▲ 10.3%-€59,458below the sector's middle half▼ 84.6%
Total assets€13,261below the sector's middle half▼ 14.9%€26,416below the sector's middle half▲ 99.2%€18,095below the sector's middle half▼ 31.5%€8,714below the sector's middle half▼ 51.8%€10,054below the sector's middle half▲ 15.4%
Debt€33,201▲ 96.0%€62,470▲ 88.2%€53,997▼ 13.6%€40,928▼ 24.2%€69,512▲ 69.8%
Working capital-€27,731below the sector's middle half▼ 213%-€42,741below the sector's middle half▼ 54.1%-€42,769below the sector's middle half▼ 0.1%-€37,629below the sector's middle half▲ 12.0%-€67,287below the sector's middle half▼ 78.8%
Solvency-150.4%below the sector's middle half▼ 141.7pp-136.5%below the sector's middle half▲ 13.9pp-198.4%below the sector's middle half▼ 61.9pp-369.7%below the sector's middle half▼ 171.3pp-591.4%below the sector's middle half▼ 221.7pp
Current ratio0.16below the sector's middle half▼ 0.310.32below the sector's middle half▲ 0.150.21below the sector's middle half▼ 0.110.08below the sector's middle half▼ 0.130.03below the sector's middle half▼ 0.05
Return on assets (ROA)-140.1%below the sector's middle half▼ 108.2pp-61.0%below the sector's middle half▲ 79.1pp0.8%within the sector's middle half▲ 61.8pp42.3%above the sector's middle half▲ 41.5pp-271.0%below the sector's middle half▼ 313.3pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €27,036 after €3,894 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10,054
Fixed assets
€7,829 ▲ 44.6%
Current assets
€2,225 ▼ 32.6%
Equity and liabilities
Equity-€59,458
Debt€69,512
Equity is negative: debt (€69,512) exceeds the balance-sheet total (€10,054).
Key figures and ratios
EBITDA
-€25,025▼
2024 · €5,346
Cash flow
-€25,232▼
2024 · €5,140
Quick ratio
0.03▼
2024 · 0.08
Interest coverage
-373.51▼
2024 · 71.28
Debt ≤ 1 year
€69,512▲
2024 · €40,928
Income taxes
€140▲
2024 · €131
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.5%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.9% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 6,621 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,028 | €1,104 | €1,213 | €1,452 | €2,011 | ▲ 38.5% |
| Other operating charges640/8 | €1,595 | €2,160 | €1,438 | €1,745 | €1,838 | ▲ 5.3% |
| Non-recurring operating charges66A | €188 | - | - | - | - | - |
| Gross operating margin9900 | -€15,509 | -€12,734 | €2,902 | €7,091 | -€23,187 | ▼ 427% |
| Operating profit (loss)9901 | -€18,320 | -€15,998 | €251 | €3,894 | -€27,036 | ▼ 794% |
| Financial charges65/66B | €98 | €48 | €48 | €75 | €67 | ▼ 10.7% |
| Recurring financial charges65 | €98 | €48 | €48 | €75 | €67 | ▼ 10.7% |
| Profit (loss) for the period before taxes9903 | -€18,418 | -€16,046 | €203 | €3,819 | -€27,103 | ▼ 810% |
| Income taxes67/77 | €168 | €69 | €51 | €131 | €140 | ▲ 6.9% |
| Profit (loss) for the period9904 | -€18,586 | -€16,115 | €152 | €3,688 | -€27,243 | ▼ 839% |
| Profit (loss) for the period to be appropriated9905 | -€18,586 | -€16,115 | €152 | €3,688 | -€27,243 | ▼ 839% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,261 | €26,416 | €18,095 | €8,714 | €10,054 | ▲ 15.4% |
| Fixed assets21/28 | €7,792 | €6,687 | €6,867 | €5,415 | €7,829 | ▲ 44.6% |
| Tangible fixed assets22/27 | €3,386 | €2,282 | €2,462 | €1,010 | €4,424 | ▲ 338% |
| Furniture and vehicles24 | €3,386 | €2,282 | €1,179 | €76 | €3,837 | ▲ 4,949% |
| Other tangible fixed assets26 | - | - | €1,283 | €934 | €587 | ▼ 37.2% |
| Financial fixed assets28 | €4,405 | €4,405 | €4,405 | €4,405 | €3,405 | ▼ 22.7% |
| Current assets29/58 | €5,470 | €19,729 | €11,228 | €3,299 | €2,225 | ▼ 32.6% |
| Stocks and contracts in progress3 | €726 | €961 | €1,326 | €167 | €289 | ▲ 73.1% |
| Stocks30/36 | €726 | €961 | €1,326 | €167 | €289 | ▲ 73.1% |
| Amounts receivable within one year40/41 | €2,810 | €16,245 | €6,143 | - | - | - |
| Trade receivables40 | €400 | €12,591 | €5,102 | - | - | - |
| Other amounts receivable41 | €2,410 | €3,654 | €1,041 | - | - | - |
| Cash at bank and in hand54/58 | €247 | €1,278 | €2,304 | €1,569 | €194 | ▼ 87.6% |
| Deferred charges and accrued income490/1 | €1,687 | €1,245 | €1,455 | €1,563 | €1,742 | ▲ 11.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,261 | €26,416 | €18,095 | €8,714 | €10,054 | ▲ 15.4% |
| Equity10/15 | -€19,939 | -€36,054 | -€35,902 | -€32,214 | -€59,458 | ▼ 84.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | - | - | - | - | - |
| Share premium1100/10 | €18,600 | - | - | - | - | - |
| Reserves13 | €10,288 | €10,288 | €10,288 | €10,288 | €10,288 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €8,428 | €8,428 | €8,428 | €8,428 | €8,428 | = |
| Profit (loss) carried forward14 | -€48,827 | -€64,942 | -€64,790 | -€61,102 | -€88,346 | ▼ 44.6% |
| Amounts payable17/49 | €33,201 | €62,470 | €53,997 | €40,928 | €69,512 | ▲ 69.8% |
| Amounts payable within one year42/48 | €33,201 | €62,470 | €53,997 | €40,928 | €69,512 | ▲ 69.8% |
| Trade debts44 | €600 | €6,033 | €919 | €412 | €867 | ▲ 110% |
| Suppliers440/4 | €600 | €6,033 | €919 | €412 | €867 | ▲ 110% |
| Advances received on contracts in progress46 | - | €15,235 | €6,102 | - | - | - |
| Taxes, remuneration and social security45 | €261 | - | - | €2,033 | €716 | ▼ 64.8% |
| Taxes450/3 | €261 | - | - | €2,033 | €716 | ▼ 64.8% |
| Other amounts payable47/48 | €32,340 | €41,202 | €46,976 | €38,483 | €67,929 | ▲ 76.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,586 | -€16,115 | €152 | €3,688 | -€27,243 | ▼ 839% |
| + Depreciation and write-downs630 | €1,028 | €1,104 | €1,213 | €1,452 | €2,011 | ▲ 38.5% |
| Operating cash flow (approximation) | -€17,558 | -€15,011 | €1,365 | €5,140 | -€25,232 | ▼ 591% |
| Investment in fixed assets (approximation) | - | €1 | -€1,393 | €0 | -€4,425 | - |
| Change in cash | - | €1,031 | €1,026 | -€735 | -€1,375 | ▼ 87.1% |
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
24-06
State Gazette act
Appointment: Bedros Hovanes (director)Resignation: Zuchowska Iwona (director) · Director discharge5 facts ▸
State Gazette act
Appointment: Bedros Hovanes (director)
Resignation: Zuchowska Iwona (director) · Director discharge5 facts ▸
- General meeting, 16-06-2026
- Director appointment, Bedros Hovanes (director)
- Director resignation, Zuchowska Iwona (director)
- Director discharge, Zuchowska Iwona
- Other statement, voting, à l'unanimité
2025
31-12
Financial
Weakest financial yearnet -€27,243
Net result drops to -€27,243, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €152
Net result €152 after 4 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
15-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 4 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Bedros Hovanes
CurrentDirector · since 01-07-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2003
Ground area
141 m²
Building footprint
141 m²
Volume, LiDAR
1,502 m³
Parcel 21816C0017/00C004, Brussels · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
JARDINS DE BABYLONE
since 20032.135.144.006
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0017/00C004 | Brussels | 141 m² | 1 · 141 m² | 14.0 m · 4 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.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Bedros Hovanes |
|
| Zuchowska Iwona |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.135.144.006
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 13,991 companies in this sector we hold annual accounts for 4,899. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded18-11-2003
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0861704646
Also
9925:BE0861704646
Registered
02-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.