Financials
- Financial year
- 2025
- Total assets
- €3.1m
- Loss
- -€30,441
- Solvency
- -4.6%
Total assets▲ 1.5%
Net result
20232025
BAOBAB SUD
Judicial reorganisationSummary
The file of BAOBAB SUD contains 1 judicial reorganisation, as published in the Belgian Official Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€143,742) and a net result of -€30,441. Equity is shrinking by about 51% per year across the filed financial years. Its solvency ranks better than 10% of 5,674 sector peers (NACE 68, financial year 2025).
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Liège
- Official Gazette
- 04-11-2025 (pdf) ↗search the document for 2025/141871
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- How you are paid depends on the track: an amicable settlement, a collective agreement with a plan the creditors vote on, or a transfer. The judgment and RegSol say which.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.
View the file in RegSol ↗
Follow
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this reorganisation? Embed the BAOBAB SUD company card in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Overview
Activity
Development of residential building projects
NACE 68121
7th largest company by total assets in Tenneville1 site
Size
€3.1mtotal assets 2025
- Equity
- -€143,742
- Loss
- -€30,441
Financial health
15
Critical
Checked score 2025Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts filed 31 days late0 of 2 deeds read
Signalsraises riskNegative equityIn judicial reorganisationneutralFiled after the deadlineShow the evidence
Checked score
Score 2025
15
/ 100
Critical
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Weak
Solvency
20-1
equity -4.6% of total assets
Liquidity
0-3
short-term debt 104.6% · cash 0.0%
Profitability
24+8
return on assets -1.0%
Bankruptcy probability, 12 months
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.96, compared with 0.96 in 2024; short-term debt: 104.6% and cash: 0% of total assets), and equity is negative.
Signals
Three signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€143,742
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filingsDeviation from the deadline
2025
31 days late
2024
151 days late
2023
271 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 151 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% 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 December (3 of the last 3 filed years within 121 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Court officer appointedEnterprise Court of Liège
Key points
- Risk: In judicial reorganisationtrustee not known 04-11-2025 View
- Risk: Negative equityfinancial year 2025: debts exceed assets -€143,742 View
- Risk: 3 loss-making years in a rowloss financial year 2025 -€30,441 View
- Caution: Among the weakest 10% on equitysector median €946,080 · 5,675 companies -€143,742 View
- Positive: Result rose in 2025from -€114,269 to -€30,441 ▲ 73.4% View
By topic
Timeline
- Events
- 5
- Since
- 2024
- Next accounts
- by 31-07-2027
- 28-04-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 28-12-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
What should you check before you do business with this company?Supplier due diligence What were this company's board, registered office and name on a given date?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the development of residential building projects sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.