OPENING OF BANKRUPTCY

Babaco

Financial year 2020 · closed on 31/12/2020
Net result
5,6 k €
+111.5% YoY
Gross margin
102,9 k €
+186.5% YoY
Equity
-24,9 k €
+18.5% YoY

Company — Opening of bankruptcy.

What does Babaco do?

Babaco is a Private limited company incorporated in 2018. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Evergem.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0694.990.251
Incorporation
23/04/2018
Legal form
Private limited company
Registered office
Sleidinge-Dorp 99 box A
9940 Evergem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2020
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20202019
Income statement
Gross margin102,9 k €35,9 k €
EBITDA52,7 k €616,1 €
Operating result26,6 k €-39,5 k €
Net result5,6 k €-49,2 k €
Balance sheet
Equity-24,9 k €-30,6 k €
Total assets179,5 k €396,7 k €
Cash9,4 k €27,7 k €
Debts204,2 k €427,2 k €
Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 2 ended

Active mandates

Kirn Singh

Director · since 03 janvier 2020

Active
Cenalettin Özdemir

Director · since 23 avril 2018 · until 30 septembre 2020

Active

Ended mandates

Betül Akkas

Director · since 23 avril 2018 · until 01 août 2018

Ended
Cenalettin Özdemir

Director · since 23 avril 2018

Ended
At this address

Other companies at this address

CompanyCBE no.
KDC RetailActive
0797.103.636
KDC ServicesActive
1005.951.366
Annual accounts

Full financial information

20202019
Type of accountMicro modelMicro model
Start of the financial year01/01/202023/04/2018
Closing of the financial year31/12/202031/12/2019
Length of the financial year12 months21 months
Filing date20/10/202124/08/2020
General meeting25/09/202125/06/2020
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202025/09/202120/10/2021DutchPDF
Micro model31/12/201925/06/202024/08/2020DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 2 ended

Active mandates

Kirn Singh

Director · since 03 janvier 2020

Active
Cenalettin Özdemir

Director · since 23 avril 2018 · until 30 septembre 2020

Active

Ended mandates

Betül Akkas

Director · since 23 avril 2018 · until 01 août 2018

Ended
Cenalettin Özdemir

Director · since 23 avril 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office12/02/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/04/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2020
    Annual accounts 20205,6 k €
  2. 2019
    Annual accounts 2019-49,2 k €
  3. 23/04/2018
    IncorporationPrivate limited company