LE BAOBAB
ActiveThe computed 12-month bankruptcy probability of LE BAOBAB is 3.6% (moderate). The 2025 annual accounts show negative equity (€-31k) and a net result of €12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 13204 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+88
Solvency0=
Growth54▲+21
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 0.15 in 2024; short-term debt: 327.1% and cash: 41.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-227.1%
Return on assets
90.3%
Age of the figures
18 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 13204 sector peers (2025).
NBB · sector comparisonPosition among 13204 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 12-06-2025, 141 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
141 d early
2024
24 d late
2023
100 d early
2022
55 d early
2021
28 d early
2020
47 d early
2019
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€125k▲ 28.2%
2024 · €98k
2019: €96k
2020: €101k
2021: €48k
2022: €78k
2023: €113k
2024: €98k
2019 → 2025
EBIT margin
10.7%▲ 40.1pp
2024 · -29.3%
2019: -5.0%
2020: -12.2%
2021: -0.4%
2022: 12.5%
2023: -12.6%
2024: -29.3%
2019 → 2025
Net result
€12k
2024 · €-29k
2019: €-6k
2020: €-13k
2021: €-775
2022: €8k
2023: €-15k
2024: €-29k
2019 → 2025
Working capital
€-36k▲ 26.5%
2024 · €-49k
2019: €3k
2020: €-9k
2021: €-9k
2022: €-7k
2023: €-21k
2024: €-49k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€48k-€78k▲ 61.8%€113k▲ 45.2%€98k▼ 14.0%€125k▲ 28.2%
Equity€-8k-€383€-15k€-44k▼ 200%€-31k▲ 28.4%
Operating result€-194-€10k€-14k€-29k▼ 101%€13k
Net result€-775-€8k€-15k€-29k▼ 95.2%€12k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13k after a loss of €29k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14k
Fixed assets
€5k▼ 11.3%
Current assets
€9k▼ 0.9%
Key figures and ratios
EBITDA
€14k▲
2024 · €-28k
Cash flow
€13k▲
2024 · €-28k
Solvency
-227.1%▲
2024 · -301.4%
Current ratio
0.19▲
2024 · 0.15
Quick ratio
0.13▲
2024 · 0.11
Debt / equity
-1.44▼
2024 · -1.33
ROA
90.3%▲
2024 · -201.1%
Interest coverage
13.72▲
2024 · -58.07
Debt
€45k▼
2024 · €58k
Debt ≤ 1 year
€45k▼
2024 · €58k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€14k€14k▼
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€5k€4k▼
Furniture and vehicles24€5k€4k▼
Financial fixed assets28€899€899=
Current assets29/58€9k€9k▼
Stocks and contracts in progress3€3k€3k▲
Stocks30/36€3k€3k▲
Cash at bank and in hand54/58€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€14k€14k▼
Equity10/15€-44k€-31k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-62k€-50k▲
Amounts payable17/49€58k€45k▼
Amounts payable within one year42/48€58k€45k▼
Trade debts44€686€3k▲
Suppliers440/4€686€3k▲
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€617€2k▲
Remuneration and social security454/9€4k€6k▲
Other amounts payable47/48€53k€34k▼
Income statement
Code20242025
Turnover70€98k€125k▲
Goods, raw materials, services and sundry goods60/61€123k€109k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€647€647=
Other operating charges640/8€2k€2k▼
Gross operating margin9900€-26k€16k▲
Operating profit (loss)9901€-29k€13k▲
Financial income75/76B€18-
Recurring financial income75€18-
Financial charges65/66B€482€1k▲
Recurring financial charges65€482€1k▲
Profit (loss) for the period before taxes9903€-29k€12k▲
Profit (loss) for the period9904€-29k€12k▲
Profit (loss) for the period to be appropriated9905€-29k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-62k€-50k▲
Profit (loss) brought forward from the previous period14P€-33k€-62k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
2024
24-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
31-03
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
2023
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
2021
03-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
08-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2001
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.
Argonnestraat 261060 Sint-Gillis (bij-Brussel)Ground area
68 m²
Building footprint
56 m²
Volume, LiDAR
903 m³
Parcel 21562A0393/00B007, Brussels · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LE COCOTIER
since 20012.098.615.289
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0393/00B007 | Brussels | 68 m² | 1 · 56 m² | 18.1 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Gillis2.098.615.289
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 688 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-09-2001
Fiscal year end31-03
Activities, NACEBEL
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 22 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.