Equity
€73,914 from €420,932 in 2018
Equity fell by 82% in 6 years.
BADIBANGA PATRICK
Lifetime
17 annual accounts with figures on one time axis, 18 filings since 2007Gross marginpeak €171,131 (2009)
-€56,162▲ €5,560
Resultlowest -€94,226 (2020)
-€52,448▲ €2,690
Equitypeak €420,932 (2018)
€73,914▼ 41.5%
Debts
€381,743▲ 13.3%
Board1 name since 2021
1 directorBADIBANGA SAMBUKA
Documentsfilings and deeds
30-09-202561 days late
2024micro format
Loss of €52,448Equity from €126,362 to €73,914Cash from €4,173 to €709
Key points
from the 2024 annual accountsLosses
-€347,018 in six years
Every financial year from 2019 to 2024 closed with a loss. 2020 was the heaviest.
Filings
18 annual accounts 98 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Turnover not published (micro format)
Checked score
33
Weak
Financially stronger than 13% of micro companies without a NACE code
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.2% Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 13.0%
01-2025: 13.0%● unchanged vs 12-2024
02-2025: 13.0%● unchanged vs 01-2025
03-2025: 13.0%● unchanged vs 02-2025
04-2025: 13.2%▲ +0.2 percentage points vs 03-2025
05-2025: 13.2%● unchanged vs 04-2025
06-2025: 13.4%▲ +0.2 percentage points vs 05-2025highest value
07-2025: 13.4%● unchanged vs 06-2025highest value
08-2025: 12.9%▼ -0.5 percentage points vs 07-2025
09-2025: 12.9%● unchanged vs 08-2025
10-2025: 12.9%● unchanged vs 09-2025
11-2025: 3.5%▼ -9.4 percentage points vs 10-2025lowest value
12-2025: 3.5%● unchanged vs 11-2025lowest value
01-2026: 3.8%▲ +0.3 percentage points vs 12-2025
02-2026: 3.8%● unchanged vs 01-2026
03-2026: 3.8%● unchanged vs 02-2026
04-2026: 3.5%▼ -0.3 percentage points vs 03-2026
05-2026: 3.5%● unchanged vs 04-2026
06-2026: 3.6%▲ +0.1 percentage points vs 05-2026
07-2026: 3.6%● unchanged vs 06-2026
08-2026: 4.7%▲ +1.1 percentage points vs 07-2026
09-2026: 4.7%● unchanged vs 08-2026
10-2026: 6.2%▲ +1.5 percentage points vs 09-2026
11-2026: 6.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.16, cash €709, halved
Figures for financial year 2024 (filed on 03-10-2025)
No registered site in the KBO
lowers risk
Size: total assets €455,657
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 (no NACE code, micro). It does better than 26% of them on solvency, 7% on liquidity, 10% on profitability and 11% on growth.
The bankruptcy probability was computed on 05-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 180 companies had the same profile as BADIBANGA PATRICK has now. Each dot is one company, two years later.
91.1%
were still trading
2.8%
stopped another way
5.6%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BADIBANGA PATRICK itself: 6.2% 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 180 companies, not a prediction for BADIBANGA PATRICK. 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 €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.16 (1.33 in 2023), below the usual 1.5. Short-term debt is 83.8% and cash 0.2% of total assets. 83.8% 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
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€52,448
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 98 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline06-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
61 days late
2023
426 days late
2022
792 days late
2021
61 days late
2020
91 days late
2019
273 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 6 accounts on average 284 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Official details
Source: KBO- Status
- Active since 20-12-2006Normal situation
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on BADIBANGA PATRICK
BADIBANGA PATRICK files the micro format. That format states no turnover. The gross margin fell from €147,627 in 2008 to -€56,162 in 2024.
The balance sheet grew most in 2009 through fixed assets.
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 BADIBANGA PATRICK
- What is the company number of BADIBANGA PATRICK?
- The company number of BADIBANGA PATRICK is 0885.810.334. The VAT number is the same number with BE in front: BE 0885.810.334.
- Where is BADIBANGA PATRICK based?
- The registered office is at Avenue des Chasseurs 87, 1410 Waterloo.Company details
- What is the legal form of BADIBANGA PATRICK?
- BADIBANGA PATRICK is a private limited company (pre-2019) (BVBA).
- When was BADIBANGA PATRICK founded?
- BADIBANGA PATRICK was founded on 20-12-2006.
- Is BADIBANGA PATRICK still active?
- Yes, BADIBANGA PATRICK is an active enterprise in the KBO register.
- What is the turnover of BADIBANGA PATRICK?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is BADIBANGA PATRICK profitable?
- In financial year 2024, BADIBANGA PATRICK made a loss of €52,448.
- Where can I find the annual accounts of BADIBANGA PATRICK?
- BADIBANGA PATRICK filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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