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LAB

Active
Private limited company (pre-2019)founded 200422 yrs activePopulierenlaan 16, 3080 Tervuren, BelgiumKBO/BCE: BE 0862.979.702
Summary

The computed 12-month bankruptcy probability of LAB is 2.8% (moderate). For LAB, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €2,567 and a net result of -€1,546. Equity is shrinking by ~45.4% per year across the filed fiscal years. The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability0=
Solvency100▲+10
Growth58=
Track record100
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021
Age of the figures
Age of the figures
60 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
30-09-2022 close30-04-2023 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 31-03-2022, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
30 d early
2020
18 d early
2019
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 6 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 January 2004, LAB was incorporated.1 Total assets went from EUR 32,639 in 2018 to EUR 3,168 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

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Financials · fiscal year 2021, micro schema

Equity
€2,567▼ 37.6%
2020 · €4,113
Total assets
€3,168▼ 49.9%
2020 · €6,327
Net result
-€1,546▲ 12.3%
2020 · -€1,764
Working capital
€2,567▼ 37.6%
2020 · €4,113
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result-€35,254--€17,523▲ 50.3%-€1,341▲ 92.3%-€1,470▼ 9.6%
Net result-€34,772--€17,635▲ 49.3%-€1,764▲ 90.0%-€1,546▲ 12.3%
Equity€23,511-€5,877▼ 75.0%€4,113▼ 30.0%€2,567▼ 37.6%
Total assets€32,639-€8,071▼ 75.3%€6,327▼ 21.6%€3,168▼ 49.9%
Debt€9,128-€2,194▼ 76.0%€2,214▲ 0.9%€601▼ 72.9%
Working capital€23,038-€5,877▼ 74.5%€4,113▼ 30.0%€2,567▼ 37.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2018: -€35,254-€35,254Net result 2018: -€34,772-€34,772Operating result 2019: -€17,523-€17,523Net result 2019: -€17,635-€17,635Operating result 2020: -€1,341-€1,341Net result 2020: -€1,764-€1,764Operating result 2021: -€1,470-€1,470Net result 2021: -€1,546-€1,5462018201920202021-€20,000-€15,000-€10,000-€5,000€0Operating result 2019: -€17,523-€17,500Net result 2019: -€17,635-€17,600Operating result 2020: -€1,341-€1,340Net result 2020: -€1,764-€1,760Operating result 2021: -€1,470-€1,470Net result 2021: -€1,546-€1,550201920202021
The operating result stays negative: a loss of €1,470 in 2021 against €1,341 in 2020; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €3,168
Equity €2,567 ▼ 37.6%
Debt €601 ▼ 72.9%
Debt's share of the balance-sheet total falls from 35.0% to 19.0%. Equity and debt are lower.
Key figures and ratios
2021 value · change against 2020
Debt ≤ 1 year
€601▼
2020 · €2,214
Ratios withheld: a balance sheet total of €3,168 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 18 lines
Balance sheet Code20202021
Assets
Total assets20/58€6,327€3,168▼
Current assets29/58€6,327€3,168▼
Amounts receivable within one year40/41€3,387€2,045▼
Cash at bank and in hand54/58€2,939€1,123▼
Equity and liabilities
Total equity and liabilities10/49€6,327€3,168▼
Equity10/15€4,113€2,567▼
Reserves13€19,860€19,860=
Profit (loss) carried forward14-€21,947-€23,493▼
Amounts payable17/49€2,214€601▼
Amounts payable within one year42/48€2,214€601▼
Trade debts44€1,673€60▼
Income statement Code20202021
Gross operating margin9900-€1,341-€1,470▼
Operating profit (loss)9901-€1,341-€1,470▼
Recurring financial income75-€47
Recurring financial charges65€423€124▼
Profit (loss) for the period before taxes9903-€1,764-€1,546▲
Profit (loss) for the period9904-€1,764-€1,546▲
Profit (loss) for the period to be appropriated9905-€1,764-€1,546▲
Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,210€473---
Gross operating margin9900-€33,643-€16,648-€1,341-€1,470▼ 9.6%
Operating profit (loss)9901-€35,254-€17,523-€1,341-€1,470▼ 9.6%
Recurring financial income75€36€11-€47-
Recurring financial charges65€172€126€423€124▼ 70.6%
Profit (loss) for the period before taxes9903-€35,389-€17,638-€1,764-€1,546▲ 12.3%
Income taxes67/77-€618-€3---
Profit (loss) for the period9904-€34,772-€17,635-€1,764-€1,546▲ 12.3%
Profit (loss) for the period to be appropriated9905-€34,772-€17,635-€1,764-€1,546▲ 12.3%
Line2018201920202021Change
Assets
Total assets20/58€32,639€8,071€6,327€3,168▼ 49.9%
Fixed assets21/28€473----
Tangible fixed assets22/27€473----
Current assets29/58€32,166€8,071€6,327€3,168▼ 49.9%
Amounts receivable within one year40/41€6,140€5,447€3,387€2,045▼ 39.6%
Cash at bank and in hand54/58€26,026€2,503€2,939€1,123▼ 61.8%
Equity and liabilities
Total equity and liabilities10/49€32,639€8,071€6,327€3,168▼ 49.9%
Equity10/15€23,511€5,877€4,113€2,567▼ 37.6%
Contributions10/11€6,200€6,200---
Reserves13€19,860€19,860€19,860€19,860=
Profit (loss) carried forward14-€2,549-€20,183-€21,947-€23,493▼ 7.0%
Amounts payable17/49€9,128€2,194€2,214€601▼ 72.9%
Amounts payable within one year42/48€9,128€2,194€2,214€601▼ 72.9%
Trade debts44€2,514€2,194€1,673€60▼ 96.4%
Line2018201920202021Change
Profit (loss) for the period9904-€34,772-€17,635-€1,764-€1,546▲ 12.3%
+ Depreciation and write-downs630€1,210€473---
Operating cash flow (approximation)-€33,561-€17,162-€1,764-€1,546▲ 12.3%
Change in cash--€23,523€436-€1,817▼ 517%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
31-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
12-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
04-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
22-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
2015
18-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
13-06
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
29-05
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
16-06
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
NBB filing
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, Tervuren · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
1,367 m²
Building footprint
322 m²
Volume, LiDAR
2,289 m³
2 parcels, Brussels, Flanders · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LAB
Stallestraat 7, 1180 UkkelNACE 5116001
since 20042.136.209.521
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
24302F0033/00N002 Flanders 1,061 m² 1 · 167 m² 7.5 m · 2 fl.
21616A0135/00E004 Brussels 307 m² 1 · 155 m² 17.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded26-01-2004
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

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