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LAB

Active
Private limited company (pre-2019)founded 2004active for 22 yearsPopulierenlaan 16, 3080 Tervuren, BelgiumKBO/BCE: BE 0862.979.702
Summary

The computed 12-month bankruptcy probability of LAB is 4.0% (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 about 40% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2023. The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2021, micro format

2022 annual accounts not yet filed, deadline passed on 30 April 2023 Financial year closed on 30 September 2022; filing due at the latest 7 months after the close (Companies Code art. 3:10). 4 financial years without a filing since the last one filed. Source: NBB filings, as of 26 October 2026.

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

2019 to 2021, 3 financial years 2019 to 2021, 3 financial years

The operating result stays negative: a loss of €1,470 in 2021 against €1,341 in 2020; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€1,470 2021 Net result-€1,546 2021

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021
Operating result-€17,523--€1,341▲ 92.3%-€1,470▼ 9.6%
Net result-€17,635--€1,764▲ 90.0%-€1,546▲ 12.3%
Equity€5,877-€4,113▼ 30.0%€2,567▼ 37.6%
Total assets€8,071-€6,327▼ 21.6%€3,168▼ 49.9%
Debt€2,194-€2,214▲ 0.9%€601▼ 72.9%
Working capital€5,877-€4,113▼ 30.0%€2,567▼ 37.6%
Turnover and EBIT margin not published: the micro format does not require them.
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▲
Line201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€473---
Gross operating margin9900-€16,648-€1,341-€1,470▼ 9.6%
Operating profit (loss)9901-€17,523-€1,341-€1,470▼ 9.6%
Recurring financial income75€11-€47-
Recurring financial charges65€126€423€124▼ 70.6%
Profit (loss) for the period before taxes9903-€17,638-€1,764-€1,546▲ 12.3%
Income taxes67/77-€3---
Profit (loss) for the period9904-€17,635-€1,764-€1,546▲ 12.3%
Profit (loss) for the period to be appropriated9905-€17,635-€1,764-€1,546▲ 12.3%
Line201920202021Change
Assets
Total assets20/58€8,071€6,327€3,168▼ 49.9%
Current assets29/58€8,071€6,327€3,168▼ 49.9%
Amounts receivable within one year40/41€5,447€3,387€2,045▼ 39.6%
Cash at bank and in hand54/58€2,503€2,939€1,123▼ 61.8%
Equity and liabilities
Total equity and liabilities10/49€8,071€6,327€3,168▼ 49.9%
Equity10/15€5,877€4,113€2,567▼ 37.6%
Contributions10/11€6,200---
Reserves13€19,860€19,860€19,860=
Profit (loss) carried forward14-€20,183-€21,947-€23,493▼ 7.0%
Amounts payable17/49€2,194€2,214€601▼ 72.9%
Amounts payable within one year42/48€2,194€2,214€601▼ 72.9%
Trade debts44€2,194€1,673€60▼ 96.4%
Line201920202021Change
Profit (loss) for the period9904-€17,635-€1,764-€1,546▲ 12.3%
+ Depreciation and write-downs630€473---
Operating cash flow (approximation)-€17,162-€1,764-€1,546▲ 12.3%
Change in cash-€436-€1,817-

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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Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
30-09-2021 micro format 31-03-2022 2022-09900231
30-09-2020 micro format 12-04-2021 2021-10100174
30-09-2019 micro format 29-05-2020 2020-13400302
30-09-2018 micro format 04-04-2019 2019-09100461
30-09-2017 micro format 29-03-2018 2018-08500565
31-12-2015 abbreviated format 22-08-2016 2016-45200138
31-12-2014 abbreviated format 18-06-2015 2015-19200319
31-12-2013 abbreviated format 13-06-2014 2014-17700081
31-12-2012 abbreviated format 29-05-2013 2013-13800278
31-12-2011 abbreviated format 16-06-2012 2012-18200589

Show all 17 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.