sa.baba
ActiveSummary
sa.baba has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €756,036 and a net result of €37,469. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 64% of 7833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-50
Solvency92▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 3.13 against 5.25 in 2024; short-term debt: 30.6% and cash: 1.5% of total assets), and 33.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
66.8%
Return on assets
3.3%
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 24-08-2026, 24 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 · 6 filingsDeviation from the deadline
2025
24 d late
2024
53 d late
2023
180 d late
2022
29 d late
2021
36 d late
2020
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 57 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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 5 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€756,036▲ 5.2%
2024 · €718,567
Total assets
€1.1m▲ 9.5%
2024 · €1.0m
Net result
€37,469▼ 88.5%
2024 · €325,108
Working capital
€738,837▼ 9.9%
2024 · €819,908
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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€74,211▲ 333%€106,714▲ 43.8%€106,145▼ 0.5%€331,793▲ 213%€49,016▼ 85.2%
Net result€39,713above the sector's middle half▲ 997%€102,247above the sector's middle half▲ 157%€167,993above the sector's middle half▲ 64.3%€325,108above the sector's middle half▲ 93.5%€37,469within the sector's middle half▼ 88.5%
Equity€338,332above the sector's middle half▲ 13.3%€440,580above the sector's middle half▲ 30.2%€343,459above the sector's middle half▼ 22.0%€718,567above the sector's middle half▲ 109%€756,036above the sector's middle half▲ 5.2%
Total assets€1.0mabove the sector's middle half▲ 13.2%€1.0mabove the sector's middle half▲ 0.2%€964,686above the sector's middle half▼ 6.2%€1.0mabove the sector's middle half▲ 7.1%€1.1mabove the sector's middle half▲ 9.5%
Debt€687,812▲ 13.2%€587,709▼ 14.6%€621,227▲ 5.7%€314,962▼ 49.3%€375,792▲ 19.3%
Working capital-€163,990below the sector's middle half▼ 57.5%-€215,901below the sector's middle half▼ 31.7%-€203,340below the sector's middle half▲ 5.8%€819,908above the sector's middle half€738,837above the sector's middle half▼ 9.9%
Solvency33.0%within the sector's middle half=42.8%within the sector's middle half▲ 9.9pp35.6%within the sector's middle half▼ 7.2pp69.5%within the sector's middle half▲ 33.9pp66.8%within the sector's middle half▼ 2.7pp
Current ratio0.10below the sector's middle half▼ 0.100.10below the sector's middle half=0.55below the sector's middle half▲ 0.445.25above the sector's middle half▲ 4.703.13within the sector's middle half▼ 2.11
Return on assets (ROA)3.9%within the sector's middle half▲ 3.5pp9.9%within the sector's middle half▲ 6.1pp17.4%within the sector's middle half▲ 7.5pp31.5%above the sector's middle half▲ 14.0pp3.3%within the sector's middle half▼ 28.1pp
Staff (FTE)10.7▼ 30.0%
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 85% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€46,250 ▲ 125%
Current assets
€1.1m ▲ 7.2%
Equity and liabilities €1.1m
Equity
€756,036 ▲ 5.2%
Debt
€375,792 ▲ 19.3%
Debt's share of the balance-sheet total rises from 30.5% to 33.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59,769▼
2024 · €339,947
Cash flow
€48,222▼
2024 · €333,261
Quick ratio
3.11▼
2024 · 5.25
Debt to equity
0.50▲
2024 · 0.44
ROE
5.0%▼
2024 · 45.2%
Interest coverage
3.31▼
2024 · 27.13
Debt ≤ 1 year
€346,741▲
2024 · €193,111
Debt > 1 year
€29,051▼
2024 · €101,074
Income taxes
€30,598▲
2024 · €28,374
Staff costs
€49,994▼
2024 · €76,553
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% 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 5,048 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €52,919 | €69,737 | €76,072 | €76,553 | €49,994 | ▼ 34.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,008 | €5,772 | €7,906 | €8,154 | €10,753 | ▲ 31.9% |
| Other operating charges640/8 | €359 | €3,173 | €960 | €2,264 | €1,048 | ▼ 53.7% |
| Gross operating margin9900 | €131,498 | €185,397 | €191,084 | €418,764 | €110,811 | ▼ 73.5% |
| Operating profit (loss)9901 | €74,211 | €106,714 | €106,145 | €331,793 | €49,016 | ▼ 85.2% |
| Financial income75/76B | €3 | €40,000 | €104,228 | €34,221 | €37,131 | ▲ 8.5% |
| Recurring financial income75 | €3 | €40,000 | €104,228 | €34,221 | €37,131 | ▲ 8.5% |
| Financial charges65/66B | €17,733 | €19,169 | €9,016 | €12,532 | €18,080 | ▲ 44.3% |
| Recurring financial charges65 | €17,733 | €19,169 | €9,016 | €12,532 | €18,080 | ▲ 44.3% |
| Profit (loss) for the period before taxes9903 | €56,481 | €127,545 | €201,357 | €353,482 | €68,067 | ▼ 80.7% |
| Income taxes67/77 | €16,767 | €25,298 | €33,364 | €28,374 | €30,598 | ▲ 7.8% |
| Profit (loss) for the period9904 | €39,713 | €102,247 | €167,993 | €325,108 | €37,469 | ▼ 88.5% |
| Profit (loss) for the period to be appropriated9905 | €39,713 | €102,247 | €167,993 | €325,108 | €37,469 | ▼ 88.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.0m | €964,686 | €1.0m | €1.1m | ▲ 9.5% |
| Fixed assets21/28 | €1.0m | €1.0m | €720,666 | €20,510 | €46,250 | ▲ 125% |
| Tangible fixed assets22/27 | €20,619 | €16,879 | €22,900 | €20,510 | €46,250 | ▲ 125% |
| Furniture and vehicles24 | €20,619 | €16,879 | €22,900 | €20,510 | €46,250 | ▲ 125% |
| Financial fixed assets28 | €986,655 | €986,655 | €697,766 | - | - | - |
| Current assets29/58 | €18,871 | €24,754 | €244,020 | €1.0m | €1.1m | ▲ 7.2% |
| Stocks and contracts in progress3 | - | - | - | - | €6,000 | - |
| Stocks30/36 | - | - | - | - | €6,000 | - |
| Amounts receivable within one year40/41 | €18,321 | €24,672 | €243,717 | €1.0m | €1.1m | ▲ 5.6% |
| Trade receivables40 | €18,321 | €24,672 | €243,717 | €15,213 | €49,257 | ▲ 224% |
| Other amounts receivable41 | - | - | - | €991,621 | €1.0m | ▲ 2.2% |
| Cash at bank and in hand54/58 | €550 | €33 | €35 | €5,899 | €16,805 | ▲ 185% |
| Deferred charges and accrued income490/1 | - | €48 | €268 | €286 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €964,686 | €1.0m | €1.1m | ▲ 9.5% |
| Equity10/15 | €338,332 | €440,580 | €343,459 | €718,567 | €756,036 | ▲ 5.2% |
| Contributions10/11 | €295,000 | €295,000 | €295,000 | €295,000 | €295,000 | = |
| Profit (loss) carried forward14 | €43,332 | €145,580 | €48,459 | €423,567 | €461,036 | ▲ 8.8% |
| Amounts payable17/49 | €687,812 | €587,709 | €621,227 | €314,962 | €375,792 | ▲ 19.3% |
| Amounts payable after more than one year17 | €504,952 | €347,054 | €173,867 | €101,074 | €29,051 | ▼ 71.3% |
| Financial debts170/4 | €311,697 | €245,352 | €173,867 | €101,074 | €29,051 | ▼ 71.3% |
| Other amounts payable178/9 | €193,254 | €101,702 | - | - | - | - |
| Amounts payable within one year42/48 | €182,861 | €240,655 | €447,360 | €193,111 | €346,741 | ▲ 79.6% |
| Current portion of amounts payable after more than one year42 | €91,948 | €90,104 | €73,466 | €74,814 | €74,084 | ▼ 1.0% |
| Financial debts43 | - | €5,953 | €6,522 | - | €12,433 | - |
| Credit institutions430/8 | - | €5,953 | €6,522 | - | €12,433 | - |
| Trade debts44 | €15,977 | €71,512 | €17,363 | €21,109 | €128,976 | ▲ 511% |
| Suppliers440/4 | €15,977 | €71,512 | €17,363 | €21,109 | €128,976 | ▲ 511% |
| Taxes, remuneration and social security45 | €39,744 | €73,086 | €84,895 | €97,188 | €123,248 | ▲ 26.8% |
| Taxes450/3 | €26,906 | €58,740 | €68,081 | €74,694 | €89,399 | ▲ 19.7% |
| Remuneration and social security454/9 | €12,838 | €14,345 | €16,814 | €22,493 | €33,848 | ▲ 50.5% |
| Other amounts payable47/48 | €35,192 | - | €265,113 | - | €8,000 | - |
| Accrued charges and deferred income492/3 | - | - | - | €20,778 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,713 | €102,247 | €167,993 | €325,108 | €37,469 | ▼ 88.5% |
| + Depreciation and write-downs630 | €4,008 | €5,772 | €7,906 | €8,154 | €10,753 | ▲ 31.9% |
| Operating cash flow (approximation) | €43,722 | €108,020 | €175,899 | €333,261 | €48,222 | ▼ 85.5% |
| Investment in fixed assets (approximation) | - | -€2,033 | €274,962 | €692,002 | -€36,493 | ▼ 105% |
| Change in cash | - | -€516 | €2 | €5,864 | €10,905 | ▲ 86.0% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
02-07
State Gazette act
Incorporation · Founder
Founding capital · Bank account
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
27-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 180 days late
2024
31-12
Financial
Highest result since 2020net €325,108 ▲93.5%
Operating result €331,793, net result €325,108, both a record.
31-12
Financial
Liquidity times 10current ratio 5.25
Current ratio from 0.55 to 5.25; short-term debt falls from €447,360 to €193,111.
31-12
Financial
Equity above €500,000Eq €718,567 ▲109%
5 profitable years in a row build equity to €718,567.
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Ukkel · 2 establishment units since 2020
Ground area
3,798 m²
Building footprint
227 m²
Volume, LiDAR
5,670 m³
2 parcels, Brussels, Wallonia · tallest building 28.2 m, ±8 floors. Linked by address, not a title deed.
22
companies at this address
See who is registered here
2 establishment units
Winston Churchilllaan 178, 1180 Ukkel
since 20202.299.678.572
Chaussée de Charleroi 579, 1410 Waterloo
since 20262.386.431.711
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764P0135/00_000indicative | Wallonia | 2,833 m² | - | - |
| 21612C0003/00T018 | Brussels | 965 m² | 1 · 227 m² | 28.2 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
Owners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
25%
According to the 2023 annual accounts of sa.baba and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Recognitions · licences · registrations
Food safety, FASFC
1 siteUkkel2.299.678.572
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 1,726 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
Founded30-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
82100Office administrative and support services
66300Activities auxiliary to financial services and insurance activities
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0742729394
Registered
22-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.