NORMAL SITUATION

Babaorum

Company — Normal situation.

Financial year 2025 · Closed on 29/12/2025

Net result229,7 k €-89,0 %over 1 year
Gross margin-19,4 k €-106,7 %over 1 year
Equity6,7 M €+3,5 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

Babaorum is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0842.137.469
Legal form
Public limited company
Contributed capital
100 000,00 €
Latest accounts
29/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityPositive cashflow

Financials

Source · NBB, 14 filings

Trend over 11 financial years

20252024202320222019
Income statement
Gross margin-19,4 k €287,9 k €350,7 k €11,5 k €149,5 k €
EBITDA-183,4 k €287,9 k €345 k €8,3 k €138,6 k €
Operating result-69,4 k €173,9 k €345 k €3 k €131,3 k €
Net result229,7 k €2,1 M €334,8 k €-9,8 k €79 k €
Balance sheet
Equity6,7 M €6,5 M €4,4 M €4,1 M €954,2 k €
Total assets12,5 M €12,9 M €4,6 M €5,1 M €1,4 M €
Cash1,6 k €52,5 k €352,3 €227 k €3 k €
Debts5,8 M €6,4 M €205,6 k €929,6 k €420,6 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––

Board of directors

Source · NBB, accounts to 29/12/2025

1 active · 7 ended

Active mandates

PASSMAN CONNECT SAS

Director · since 11 juillet 2023 · until 01 décembre 2028

Represented by Antonio DI NATALE

Active

Ended mandates

Antonio Di Natale

Chairman of the board of directors · since 25 juin 2020 · until 11 juillet 2023

Ended
Antonio Di Natale

Chairman of the board of directors · since 25 juin 2020 · until 25 juin 2026

Ended
Nicolas Spiette

Managing director · since 25 juin 2020 · until 11 juillet 2023

Ended
Nicolas Spiette

Managing director · since 25 juin 2020 · until 25 juin 2026

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202501/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year29/12/202531/12/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months18 months12 months12 months12 months12 months
Filing date19/08/202613/08/202519/02/202427/02/202307/02/202201/02/2021
General meeting29/12/202501/08/202501/12/202325/01/202301/12/202101/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model29/12/202529/12/202519/08/2026FrenchPDF
Abridged modelCorrection31/12/202401/08/202513/08/2025FrenchPDF
Abridged model31/12/202401/08/202506/08/2025FrenchPDF
Abridged model30/06/202301/12/202319/02/2024FrenchPDF
Micro model30/06/202225/01/202327/02/2023FrenchPDF
Micro model30/06/202101/12/202107/02/2022FrenchPDF
Abridged model30/06/202001/12/202001/02/2021FrenchPDF
Abridged model30/06/201930/09/201930/10/2019FrenchPDF
Abridged model30/06/201830/09/201831/10/2018FrenchPDF
Abridged model30/06/201730/09/201730/10/2017FrenchPDF
Abridged model30/06/201630/09/201624/10/2016FrenchPDF
Abridged model30/06/201530/09/201530/11/2015FrenchPDF
Abridged model30/06/201430/09/201431/10/2014FrenchPDF
Abridged model30/06/201330/09/201314/02/2014FrenchPDF

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.

Discover the Business plan
Disclaimer

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

Board of directors

Source · NBB, accounts to 29/12/2025

1 active · 7 ended

Active mandates

PASSMAN CONNECT SAS

Director · since 11 juillet 2023 · until 01 décembre 2028

Represented by Antonio DI NATALE

Active

Ended mandates

Antonio Di Natale

Chairman of the board of directors · since 25 juin 2020 · until 11 juillet 2023

Ended
Antonio Di Natale

Chairman of the board of directors · since 25 juin 2020 · until 25 juin 2026

Ended
Nicolas Spiette

Managing director · since 25 juin 2020 · until 11 juillet 2023

Ended
Nicolas Spiette

Managing director · since 25 juin 2020 · until 25 juin 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution05/02/2026
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
    PDF
  • Restructuring14/02/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Registered office06/08/2024
    SIEGE SOCIAL
    PDF
  • Restructuring25/07/2024
    ASSEMBLEE GENERALE - ANNEE COMPTABLE - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Restructuring15/04/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring04/10/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates08/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other04/08/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025229,7 k €↓
  2. 2024
    Annual accounts 20242,1 M €↑
  3. 2023
    Annual accounts 2023334,8 k €↑
  4. 2022
    Annual accounts 2022-9,8 k €↓
  5. 2019
    Annual accounts 201979 k €↓
  6. 2018
    Annual accounts 2018101,6 k €↑
  7. 2017
    Annual accounts 20171,6 k €↓
  8. 2016
    Annual accounts 201662,7 k €↑
  9. 2015
    Annual accounts 201531,6 k €↑
  10. 2014
    Annual accounts 2014-3,3 k €↑
  11. 2013
    Annual accounts 2013-11,7 k €