BAOBAB
ActiveSummary
BAOBAB has been active since 2005 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 3 administrative register entries (see administrative flags). The 2025 annual accounts show equity of €161,897 and a net result of €473. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 3337 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▼-12
Solvency96▼-1
Growth78=
Track record76
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 3.44 against 3.53 in 2024; short-term debt: 29% and cash: 0.7% of total assets), and 29% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer 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
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
71%
Return on assets
0.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
8 d early
2023
288 d late
2022
584 d late
2021
737 d late
2020
1102 d late
2019
1467 d late
← 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 600 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
3 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
UBO non-complianceStrikeout withdrawnStrikeout withdrawal
Checked, nothing found (1)
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 15 May (4 of the last 5 filed years within 297 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€161,897▲ 0.3%
2024 · €161,425
Total assets
€228,144▲ 1.3%
2024 · €225,284
Net result
€473▼ 95.9%
2024 · €11,626
Working capital
€161,897▲ 0.3%
2024 · €161,425
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,372▼ 81.8%-€2,358-€10,721▼ 355%€64,436€4,012▼ 93.8%
Net result€7,365within the sector's middle half▼ 75.1%-€2,754below the sector's middle half-€11,554below the sector's middle half▼ 320%€11,626within the sector's middle half€473below the sector's middle half▼ 95.9%
Equity€164,106within the sector's middle half▲ 4.7%€161,353within the sector's middle half▼ 1.7%€149,798within the sector's middle half▼ 7.2%€161,425within the sector's middle half▲ 7.8%€161,897within the sector's middle half▲ 0.3%
Total assets€269,290within the sector's middle half▲ 32.2%€267,449within the sector's middle half▼ 0.7%€228,272within the sector's middle half▼ 14.6%€225,284within the sector's middle half▼ 1.3%€228,144below the sector's middle half▲ 1.3%
Debt€105,183▲ 124%€106,096▲ 0.9%€78,474▼ 26.0%€63,859▼ 18.6%€66,247▲ 3.7%
Working capital€164,106within the sector's middle half▲ 4.7%€161,353within the sector's middle half▼ 1.7%€149,798within the sector's middle half▼ 7.2%€161,425within the sector's middle half▲ 7.8%€161,897within the sector's middle half▲ 0.3%
Solvency60.9%within the sector's middle half▼ 16.0pp60.3%within the sector's middle half▼ 0.6pp65.6%within the sector's middle half▲ 5.3pp71.7%within the sector's middle half▲ 6.0pp71.0%within the sector's middle half▼ 0.7pp
Current ratio2.56within the sector's middle half▼ 1.782.52within the sector's middle half▼ 0.042.91within the sector's middle half▲ 0.393.53within the sector's middle half▲ 0.623.44within the sector's middle half▼ 0.08
Return on assets (ROA)2.7%below the sector's middle half▼ 11.8pp-1.0%below the sector's middle half▼ 3.8pp-5.1%below the sector's middle half▼ 4.0pp5.2%below the sector's middle half▲ 10.2pp0.2%below the sector's middle half▼ 5.0pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 94% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €228,144
Equity
€161,897 ▲ 0.3%
Debt
€66,247 ▲ 3.7%
Debt's share of the balance-sheet total rises from 28.3% to 29.0%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.41▲
2024 · 0.40
ROE
0.3%▼
2024 · 7.2%
Debt ≤ 1 year
€66,247▲
2024 · €63,859
Income taxes
€2,806▼
2024 · €52,590
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,338 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% | 1.9% |
| 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 17,039 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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €12,903 | - | - | - |
| Gross operating margin9900 | €7,372 | -€2,358 | €2,182 | €64,436 | €4,012 | ▼ 93.8% |
| Operating profit (loss)9901 | €7,372 | -€2,358 | -€10,721 | €64,436 | €4,012 | ▼ 93.8% |
| Financial income75/76B | - | €45 | - | - | €3 | - |
| Recurring financial income75 | - | €45 | - | - | €3 | - |
| Financial charges65/66B | €6 | €165 | €833 | €219 | €736 | ▲ 236% |
| Recurring financial charges65 | €6 | €165 | €833 | €219 | €736 | ▲ 236% |
| Profit (loss) for the period before taxes9903 | €7,365 | -€2,479 | -€11,554 | €64,217 | €3,279 | ▼ 94.9% |
| Income taxes67/77 | - | €275 | - | €52,590 | €2,806 | ▼ 94.7% |
| Profit (loss) for the period9904 | €7,365 | -€2,754 | -€11,554 | €11,626 | €473 | ▼ 95.9% |
| Profit (loss) for the period to be appropriated9905 | €7,365 | -€2,754 | -€11,554 | €11,626 | €473 | ▼ 95.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €269,290 | €267,449 | €228,272 | €225,284 | €228,144 | ▲ 1.3% |
| Current assets29/58 | €269,290 | €267,449 | €228,272 | €225,284 | €228,144 | ▲ 1.3% |
| Amounts receivable within one year40/41 | €268,437 | €265,058 | €227,112 | €215,433 | €226,613 | ▲ 5.2% |
| Trade receivables40 | €75,285 | €79,808 | €56,576 | €33,798 | €39,363 | ▲ 16.5% |
| Other amounts receivable41 | €193,153 | €185,250 | €170,536 | €181,636 | €187,250 | ▲ 3.1% |
| Cash at bank and in hand54/58 | €852 | €2,391 | €1,160 | €9,851 | €1,532 | ▼ 84.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €269,290 | €267,449 | €228,272 | €225,284 | €228,144 | ▲ 1.3% |
| Equity10/15 | €164,106 | €161,353 | €149,798 | €161,425 | €161,897 | ▲ 0.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €143,646 | €140,893 | €129,338 | €140,965 | €141,437 | ▲ 0.3% |
| Amounts payable17/49 | €105,183 | €106,096 | €78,474 | €63,859 | €66,247 | ▲ 3.7% |
| Amounts payable within one year42/48 | €105,183 | €106,096 | €78,474 | €63,859 | €66,247 | ▲ 3.7% |
| Trade debts44 | - | €547 | €23,297 | €18,237 | €11,814 | ▼ 35.2% |
| Suppliers440/4 | - | €547 | €23,297 | €18,237 | €11,814 | ▼ 35.2% |
| Advances received on contracts in progress46 | €81,109 | €81,809 | €14,179 | €15,879 | €31,586 | ▲ 98.9% |
| Taxes, remuneration and social security45 | €24,075 | €23,741 | €40,998 | €29,743 | €22,847 | ▼ 23.2% |
| Taxes450/3 | €24,075 | €23,741 | €40,998 | €29,743 | €22,847 | ▼ 23.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,365 | -€2,754 | -€11,554 | €11,626 | €473 | ▼ 95.9% |
| Operating cash flow (approximation) | €7,365 | -€2,754 | -€11,554 | €11,626 | €473 | ▼ 95.9% |
| Change in cash | - | €1,539 | -€1,231 | €8,691 | -€8,319 | ▼ 196% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
02-06
KBO administration
Strikeout withdrawn
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 288 days late
06-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 584 days late
2024
31-12
Financial
Back to profitnet €11,626
Net result €11,626 after 2 loss-making years.
31-12
Financial
Equity above €150,000Eq €161,425 ▲7.8%
Equity rises from €149,798 to €161,425.
25-11
KBO administration
UBO non-compliance
event 12-11-2024
06-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 737 days late
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1102 days late
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1467 days late
2023
31-12
Financial
Weakest financial yearnet -€11,554
Net result drops to -€11,554, the lowest in the series; recovery starts the following year.
Show earlier events
2020
31-12
Financial
Highest result since 2018net €29,600 ▲38.7%
Net result €29,600, the highest in the series.
31-12
Financial
Equity above €150,000Eq €156,741 ▲23.3%
2 profitable years in a row build equity to €156,741.
2019
31-12
Financial
Back to profitnet €21,341
Net result €21,341 after one loss-making year.
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
05-07
KBO administration
Strikeout withdrawal
event 18-06-2019
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 322 days late
18-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 687 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem
Ground area
343 m²
Building footprint
125 m²
Volume, LiDAR
1,025 m³
Parcel 21003A0314/00B009, Brussels · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0314/00B009 | Brussels | 343 m² | 1 · 125 m² | 14.3 m · 3 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.
Similar companies · same sector, comparable size
Viviane MISSOUL Advokatenkantoor
BE 0887.467.450
Leuven · Eq €161,955
Advocatenkantoor Platteau Koen
BE 1010.930.139
Lennik · Eq €161,970
RENCHON ET VERHAEGHE DE NAEYER
BE 0458.435.658
Ukkel · Eq €161,735
EVEREST ADVOCATEN GENT
BE 0843.239.014
Gent · Eq €162,074
Valhaeg
BE 0471.918.262
Boechout · Eq €161,674
Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 7,510 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)
Founded07-02-2005
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0871725043
Also
9925:BE0871725043
Registered
13-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.