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BAOBAB COLLECTION

Active
Public limited companyfounded 2004active for 21 yearsAvenue Eiffel 5, 1300 Wavre, BelgiumKBO/BCE: BE 0870.667.050
Summary

BAOBAB COLLECTION has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26.7m and a net result of €9.0m. Equity has been growing by about 42% per year since 2018. Its solvency ranks better than 64% of 144 sector peers (NACE 32, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
BAOBAB COLLECTIONActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 20-12-2004 Normal situation
Activity
Other manufacturing not elsewhere classified NACE 32990
Joint committees
116 Paritair Comité voor de scheikundige nijverheid
207 Paritair Comité voor de bedienden uit de scheikundige nijverheid · annual accounts 2025
Establishment units
2.171.525.934 1300 Wavre, since 10-12-2004
2.393.849.934 3630 Maasmechelen, since 01-10-2026
Financial year end
31 December
Peppol
Reachable since 29-10-2025
Company details

Board and ownership

Board
  • Louis BalcaenDirector · since 18-10-2024
  • Horizon 1065Director · since 04-01-2026 · permanent representative Xavier Vaesen
  • Amira SAMDirector · since 25-03-2026 · permanent representative Sophia Huver (Alami Merrouni)
and 1 other
Auditor
PwC Reviseurs d'Entreprises
Shareholders
  • DECOSCENT2022 annual accounts of DECOSCENT
  • Merlin Holdco· score 832025 annual accounts of Merlin Holdco
  • Enterhold SAannual accounts 2025
Holdings
Shares in 8 companies including BAOBAB COLLECTION INC and Candela Manufacturing SRL
Board & ownership

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€47.0m
▲ 6.8%
Profit
€9.0m
▼ 27.3%
Equity
€26.7m
▲ 35.8%
Total assets
€43.1m
▲ 20.1%
Employees on 31-12-2025
33
▲ 32.0%
Filed on 18-05-2026, 74 days before the deadline
Financials
Score breakdownlowers riskLiquidity: current ratio 2.46, cash €14.6mFounded in 2004Size: turnover €47.0m, 31.7 FTE, total assets €43.1mEquity €26.7m (61.9% of total assets)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 85% of small companies in other manufacturing (NACE 32)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 87+7
equity 61.9% of total assets
Liquidity 77+5
short-term debt 35.4% · cash 34.0%
Profitability 97-3
return on assets 21.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (112 companies, NACE 32, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025highest value 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €2,600,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.46 (2.09 in 2024), above the usual 1.5. Short-term debt is 35.4% and cash 34% of total assets. 38.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 32, small). It does better than 74% of them on solvency, 91% on liquidity, 94% on profitability and 82% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.46, cash €14.6m
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €47.0m, 31.7 FTE, total assets €43.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €26.7m (61.9% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 days early
2024
86 days early
2023
40 days early
2022
75 days early
2021
90 days early
2020
66 days early
2019
73 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 72 days before the deadline. In the sector (NACE 32), the median for financial year 2024 was 2 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in other manufacturingsector median €36,704 · 143 companies €9.0m View
  • Positive: 7 years of growth in a rowturnover 2025: €47.0m 7 years View
  • Board changedlatest change 25-03-2026 · 4 in office 2 joined · 2 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: Equity rose in 2025from €19.7m to €26.7m ▲ 35.8% View

Recent changes

  1. · Gazette deed Resignation: Luxe Scent SRL (director)Appointment: Amira SAM (director) · Permanent representative: Sophia Huver (Alami Merrouni)
  2. · Gazette deed Resignation: SG Solutions Consulting SRL (director)Appointment: Horizon 1065 SRL (director) · Permanent representative: Xavier Vaesen
  3. · Gazette deed Resignation: @Gemba SRL (director)Appointment: SG Solutions Consulting SRL (director) · Permanent representative: Gheysens Stéphanie
All 43 events

Companies linked to BAOBAB COLLECTION

Comparable companies

These companies have the same main activity as BAOBAB COLLECTION: other manufacturing not elsewhere classified (NACE 32990). They are comparable in size and age: total assets between €6.4m and €49m, founded between 1978 and 2016.

CompanyTotal assetsTurnover
BAOBAB COLLECTION Wavre€43.1m€47.0m
PHARMA TECHNOLOGY Nivelles€23.9m€26.8m
EUROPEAN FUTURE STRUCTURES Bree€25.6m€6.7m
MOERMAN Tielt€12.8m€11.2m
VANERUM BELGIE Diest€16.6m€17.0m
Loop Antwerpen€48.8m€169.7m
LAZER SPORT Mechelen€6.4m€13.3m
Full comparison

Key facts about BAOBAB COLLECTION
What is the company number of BAOBAB COLLECTION?
The company number of BAOBAB COLLECTION is 0870.667.050. The VAT number is the same number with BE in front: BE 0870.667.050.
Where is BAOBAB COLLECTION based?
The registered office is at Avenue Eiffel 5, 1300 Wavre.Company details
What does BAOBAB COLLECTION do?
According to the KBO register, the main activity is other manufacturing not elsewhere classified (NACE 32990).
What is the legal form of BAOBAB COLLECTION?
The legal form of BAOBAB COLLECTION is Public limited company (NV).
When was BAOBAB COLLECTION founded?
BAOBAB COLLECTION was founded on 20-12-2004.
Is BAOBAB COLLECTION still active?
Yes, BAOBAB COLLECTION is an active enterprise in the KBO register.
How many employees does BAOBAB COLLECTION have?
BAOBAB COLLECTION had an average of 31.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does BAOBAB COLLECTION fall under?
In its 2025 annual accounts, BAOBAB COLLECTION states joint committees 116 (Paritair Comité voor de scheikundige nijverheid) and 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid).
What is the turnover of BAOBAB COLLECTION?
The turnover of BAOBAB COLLECTION was €47.0m in financial year 2025, according to the filed annual accounts.
Is BAOBAB COLLECTION profitable?
In financial year 2025, BAOBAB COLLECTION made a profit of €9.0m.
Where can I find the annual accounts of BAOBAB COLLECTION?
BAOBAB COLLECTION filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BAOBAB COLLECTION due?
BAOBAB COLLECTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.ENTERHOLD S.A. · 133 companies

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