Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2023; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.4 to 7.7.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2023
BABYLONIA from Wommelgem, company number BE0474596056, closed financial year 2023 with a result of € -732,461 after tax. For that financial year BABYLONIA recorded a gross margin of € 109,973 and equity of € 2.5 million. Compared with financial year 2022, the result moved from € -78,475 to € -732,461. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 1, 2024.
€ 2.5 million
▼ 23% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -732,461
▼ 833 % more loss than in 2022
Profit after tax over the fiscal year.
€ 159,888
▲ 125% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.5 million.
People and assets in 2023
7.7
▼ 1.1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 831,365
▲ 14% vs 2022
€ 108,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,437
▼ 44% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 749,913
▼ 18% vs 2022
€ 486,364 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 152,385
▲ 20% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 135,886
▼ 31% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 1,159,025 | € 712,801 | € 109,973 | ▼ 85% |
| Profit after taxes | € 270,586 | € -78,475 | € -732,461 | ▼ € 653,986 |
| Equity | € 3,327,156 | € 3,248,681 | € 2,516,220 | ▼ 23% |
| Total debts | € 1,789,615 | € 1,471,935 | € 1,340,476 | ▼ 9% |
| Cash | € 28,550 | € 71,042 | € 159,888 | ▲ 125% |
| Retained profit | € 3,308,556 | € 3,230,081 | € 2,497,620 | ▼ 23% |
| Dividend | € 300,000 | € 0 | € 0 | |
| Bank debt | € 1,011,364 | € 915,000 | € 749,913 | ▼ 18% |
| Balance sheet total | € 5,116,771 | € 4,720,616 | € 3,856,695 | ▼ 18% |
| Employees (FTE) | 9.4 | 8.8 | 7.7 | ▼ 1.1 |
Key figures of BABYLONIA, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to BABYLONIA?
What happened at BABYLONIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 732,461. filed late Source: NBB ↗
- Baby Holding became a director. NBB
- Jan Ponnet became a director. NBB
- Stefan Balemans became a director. NBB
- New establishment in Wommelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 270,586 profit in 2021 to € 732,461 loss in 2023.
Paid € 37,509 in corporate taxes since 2021.
Best year ever: 2021, with € 270,586 profit.
On average € 14,300 of value added per employee in 2023.
Management
Behind BABYLONIA are Baby Holding, Jan Ponnet and Stefan Balemans. The shares are held by Baby Holding (100%).
Directors
According to the 2023 annual accounts
Director · represented by Cedric DE QUINNEMAR
since 2016
since 2016
since 2016
Shareholders
Baby Holding · holding of Stefan Balemans
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ternesselei 191
2160 Wommelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.596.056
- VAT number
- BE 0474.596.056
- Registered office
- Ternesselei 191, 2160 Wommelgem
- Names & denominations
- BABYLONIA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2001
- Peppol
- Not registered
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in kleding, kledingtoebehoren en bontartikelen
Detailhandel in baby- en kinderbovenkleding
Groothandel in andere consumentenartikelen, neg
Overige detailhandel in nieuwe artikelen neg
Overige gespecialiseerde detailhandel in artikelen, andere dan voedingsmiddelen, n.e.g.
Overige groothandel in consumentenartikelen, n.e.g.
Detailhandel in baby- en kinderkleding