BADABO
ActiveSummary
The computed 12-month bankruptcy probability of BADABO is 2.5% (moderate). The 2024 annual accounts show negative equity (-€53,801) and a net result of -€15,947. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 36377 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.38 in 2023; short-term debt: 100.2% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-420.1%
Return on assets
-124.5%
Age of the figures
21 mo
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 · 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 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€53,801
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
50 d early
2022
35 d early
2021
24 d early
2020
38 d early
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€53,801▼ 42.1%
2023 · -€37,854
Total assets
€12,806▼ 38.1%
2023 · €20,689
Net result
-€15,947▲ 41.7%
2023 · -€27,351
Working capital
-€11,581▼ 26.7%
2023 · -€9,137
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
Line20202021202220232024
Operating result€4,654-€9,838-€14,690▼ 49.3%-€26,222▼ 78.5%-€14,915▲ 43.1%
Net result€3,205-€10,878-€15,477▼ 42.3%-€27,351▼ 76.7%-€15,947▲ 41.7%
Equity€15,852▲ 25.3%€4,974▼ 68.6%-€10,504-€37,854▼ 260%-€53,801▼ 42.1%
Total assets€23,669▼ 22.7%€18,511▼ 21.8%€6,671▼ 64.0%€20,689▲ 210%€12,806▼ 38.1%
Debt€7,818▼ 56.5%€13,537▲ 73.2%€17,175▲ 26.9%€58,543▲ 241%€66,607▲ 13.8%
Working capital€6,247▲ 70.5%-€1,595-€12,341▼ 674%-€9,137▲ 26.0%-€11,581▼ 26.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14,915 in 2024 against €26,222 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12,806
Fixed assets
€11,560 ▼ 23.5%
Current assets
€1,246 ▼ 77.7%
Key figures and ratios
EBITDA
-€11,371▲
2023 · -€22,583
Cash flow
-€12,403▲
2023 · -€23,712
Solvency
-420.1%▼
2023 · -183.0%
Current ratio
0.10▼
2023 · 0.38
Debt to equity
-1.24▲
2023 · -1.55
ROA
-124.5%▲
2023 · -132.2%
Interest coverage
-11.02▲
2023 · -19.56
Debt ≤ 1 year
€12,827▼
2023 · €14,722
Debt > 1 year
€53,780▲
2023 · €43,821
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,829 | €5,412 | €5,545 | €3,638 | €3,544 | ▼ 2.6% |
| Other operating charges640/8 | - | €1,994 | €556 | €1,349 | €1,033 | ▼ 23.5% |
| Gross operating margin9900 | €12,316 | -€2,432 | -€8,589 | -€21,234 | -€10,338 | ▲ 51.3% |
| Operating profit (loss)9901 | €4,654 | -€9,838 | -€14,690 | -€26,222 | -€14,915 | ▲ 43.1% |
| Financial income75/76B | - | €26 | €0 | - | - | - |
| Recurring financial income75 | €65 | €26 | €0 | - | - | - |
| Financial charges65/66B | - | €980 | €660 | €1,155 | €1,032 | ▼ 10.6% |
| Recurring financial charges65 | €1,429 | €980 | €660 | €1,155 | €1,032 | ▼ 10.6% |
| Profit (loss) for the period before taxes9903 | €3,290 | -€10,792 | -€15,350 | -€27,376 | -€15,947 | ▲ 41.7% |
| Income taxes67/77 | €85 | €85 | €127 | -€25 | - | - |
| Profit (loss) for the period9904 | €3,205 | -€10,878 | -€15,477 | -€27,351 | -€15,947 | ▲ 41.7% |
| Profit (loss) for the period to be appropriated9905 | €3,205 | -€10,878 | -€15,477 | -€27,351 | -€15,947 | ▲ 41.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €23,669 | €18,511 | €6,671 | €20,689 | €12,806 | ▼ 38.1% |
| Fixed assets21/28 | €11,132 | €6,569 | €1,837 | €15,104 | €11,560 | ▼ 23.5% |
| Intangible fixed assets21 | €7,459 | €3,768 | €77 | €0 | €0 | - |
| Tangible fixed assets22/27 | €3,673 | €2,801 | €1,761 | €15,104 | €11,560 | ▼ 23.5% |
| Plant, machinery and equipment23 | - | €2,801 | €1,000 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | €761 | €598 | €435 | ▼ 27.2% |
| Leasing and similar rights25 | - | - | - | €14,506 | €11,125 | ▼ 23.3% |
| Current assets29/58 | €12,537 | €11,942 | €4,834 | €5,585 | €1,246 | ▼ 77.7% |
| Amounts receivable within one year40/41 | €9,586 | €6,545 | €1,998 | €5,121 | €294 | ▼ 94.3% |
| Trade receivables40 | - | €5,152 | €0 | €4,635 | - | - |
| Other amounts receivable41 | - | €1,393 | €1,998 | €487 | €294 | ▼ 39.6% |
| Cash at bank and in hand54/58 | €915 | €1,707 | €0 | - | - | - |
| Deferred charges and accrued income490/1 | - | €3,690 | €2,836 | €464 | €952 | ▲ 105% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €23,669 | €18,511 | €6,671 | €20,689 | €12,806 | ▼ 38.1% |
| Equity10/15 | €15,852 | €4,974 | -€10,504 | -€37,854 | -€53,801 | ▼ 42.1% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €9,652 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €0 | - | - | - | - |
| Profit (loss) carried forward14 | - | -€3,086 | -€18,564 | -€45,914 | -€61,861 | ▼ 34.7% |
| Amounts payable17/49 | €7,818 | €13,537 | €17,175 | €58,543 | €66,607 | ▲ 13.8% |
| Amounts payable after more than one year17 | - | - | - | €43,821 | €53,780 | ▲ 22.7% |
| Financial debts170/4 | - | - | - | €43,821 | €53,780 | ▲ 22.7% |
| Amounts payable within one year42/48 | €6,290 | €13,537 | €17,175 | €14,722 | €12,827 | ▼ 12.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,040 | €5,040 | = |
| Financial debts43 | - | €4,323 | €4,466 | €4,704 | €4,573 | ▼ 2.8% |
| Credit institutions430/8 | - | €4,323 | €4,466 | €4,704 | €4,573 | ▼ 2.8% |
| Trade debts44 | €1,105 | €2,941 | €2,462 | €4,481 | €1,043 | ▼ 76.7% |
| Suppliers440/4 | - | €2,941 | €2,462 | €4,481 | €1,043 | ▼ 76.7% |
| Advances received on contracts in progress46 | - | €785 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €804 | €208 | €95 | - | - |
| Taxes450/3 | - | €804 | €208 | €95 | - | - |
| Remuneration and social security454/9 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €4,684 | €10,040 | €402 | €2,171 | ▲ 440% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,205 | -€10,878 | -€15,477 | -€27,351 | -€15,947 | ▲ 41.7% |
| + Depreciation and write-downs630 | €5,829 | €5,412 | €5,545 | €3,638 | €3,544 | ▼ 2.6% |
| Operating cash flow (approximation) | €9,034 | -€5,465 | -€9,933 | -€23,712 | -€12,403 | ▲ 47.7% |
| Investment in fixed assets (approximation) | - | -€849 | -€813 | -€16,905 | €0 | ▲ 100% |
| Change in cash | - | €791 | -€1,707 | - | - | - |
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
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€27,351
Net result drops to -€27,351, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3,205
Net result €3,205 after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 39 days late
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
03-11
State Gazette act
General meeting · Board meeting
Director appointment · Director resignation
08-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2013
25-06
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Zele · 1 establishment unit since 2013
Ground area
205 m²
Building footprint
173 m²
Volume, LiDAR
1,023 m³
Parcel 42403D0949/00P000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Badabo
since 20132.215.766.347
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42403D0949/00P000 | Flanders | 205 m² | 1 · 173 m² | 10.4 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.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
4 locations
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Of 20,028 companies in sector 43320 we hold annual accounts for 9,135. 3,084 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 (pre-2019)
Founded02-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
70200Business and other management consultancy
31002Manufacture of furniture
31009Manufacture of furniture
47551Retail sale of household furniture
Scores and ratios are computed by Checked and are not a credit decision.