BIBA GROUP
ActiveThe computed 12-month bankruptcy probability of BIBA GROUP is 4.7% (elevated). The annual accounts of BIBA GROUP for fiscal year 2024 show a net loss of 56% of the equity at the start of that year. The 2024 annual accounts show equity of €7k and a net result of €-8k. Equity is shrinking by ~20% per year across the filed fiscal years. Its solvency ranks better than 27% of 26049 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
23
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability9▼-63
Solvency31▼-18
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.09 against 1.37 in 2023; short-term debt: 86.9% and cash: 1.5% of total assets), and 94.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
5.9%
Return on assets
-7.5%
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
74 d late
2023
94 d late
2022
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€7k▼ 56.0%
2023 · €15k
2022: €11k
2023: €15k
2022 → 2024
Total assets
€112k▲ 77.7%
2023 · €63k
2022: €103k
2023: €63k
2022 → 2024
Net result
€-8k
2023 · €4k
2022: €5k
2023: €4k
2022 → 2024
Working capital
€9k▼ 41.0%
2023 · €15k
2022: €25k
2023: €15k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€11k-€15k▲ 36.5%€7k▼ 56.0%
Operating result€6k-€3k▼ 47.9%€-7k
Net result€5k-€4k▼ 10.9%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €3k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €112k
Fixed assets
€6k▼ 23.5%
Current assets
€106k▲ 93.6%
Equity and liabilities €112k
Equity
€7k▼ 56.0%
Debt
€106k▲ 119%
The debt ratio rises from 76.2% to 94.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▼
2023 · €5k
Cash flow
€-6k▼
2023 · €6k
Solvency
5.9%▼
2023 · 23.8%
Current ratio
1.09▼
2023 · 1.37
Quick ratio
0.14▼
2023 · 0.59
Debt / equity
15.98▲
2023 · 3.20
ROE
-127.2%▼
2023 · 26.7%
ROA
-7.5%▼
2023 · 6.4%
Interest coverage
-2.97▼
2023 · 5.47
Debt
€106k▲
2023 · €48k
Debt ≤ 1 year
€98k▲
2023 · €40k
Debt > 1 year
€8k=
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€63k€112k▲
Formation expenses20€487-
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€8k€6k▼
Other tangible fixed assets26€8k€6k▼
Current assets29/58€55k€106k▲
Stocks and contracts in progress3€31k€93k▲
Stocks30/36€31k€93k▲
Amounts receivable within one year40/41€22k€12k▼
Trade receivables40€17k€12k▼
Other amounts receivable41€5k-
Cash at bank and in hand54/58€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€63k€112k▲
Equity10/15€15k€7k▼
Contributions10/11€7k€7k=
Profit (loss) carried forward14€9k€114▼
Amounts payable17/49€48k€106k▲
Amounts payable after more than one year17€8k€8k=
Financial debts170/4€8k€8k=
Amounts payable within one year42/48€40k€98k▲
Current portion of amounts payable after more than one year42€7k-
Trade debts44€6k€39k▲
Suppliers440/4€6k€39k▲
Advances received on contracts in progress46€15k€15k=
Taxes, remuneration and social security45€13k€7k▼
Taxes450/3€13k€7k▼
Other amounts payable47/48-€36k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8-€3k
Gross operating margin9900€5k€-1k▼
Operating profit (loss)9901€3k€-7k▼
Financial income75/76B€4k-
Recurring financial income75€4k-
Financial charges65/66B€979€2k▲
Recurring financial charges65€979€2k▲
Profit (loss) for the period before taxes9903€6k€-8k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€4k€-8k▼
Profit (loss) for the period to be appropriated9905€4k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€114▼
Profit (loss) brought forward from the previous period14P€5k€9k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 74 days late
2024
31-12
Financial
Weakest financial yearnet €-8k ▼309%
Net result drops to €-8k, the lowest in the series.
02-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 94 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Anderlecht · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wayezstraat 1651070 AnderlechtGround area
336 m²
Building footprint
152 m²
Volume, LiDAR
1,831 m³
Parcel 21001A0599/00H013, Brussels · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BIBA GROUP
since 20212.316.148.578
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0599/00H013 | Brussels | 336 m² | 1 · 152 m² | 15.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TAOHE
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ONIRI ATELIER
BE 0713.780.636
Villers-le-Bouillet · Eq €7k
Bijouterie Valérie LAMBERT
BE 0463.899.926
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THE WATCH COMPANY
BE 0656.954.076
Destelbergen · Eq €6k
MAISON VANDERMEULEN ET FILS
BE 0423.475.571
Sambreville · Eq €7k
Of 2,018 companies in sector 47770 we hold annual accounts for 900. 291 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2021
Fiscal year end31-12
Activities, NACEBEL
47770Retail sale of watches and jewellery
32123Manufacture of jewellery
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.