LAB DEVELOPMENT
ActiveSummary
The computed 12-month bankruptcy probability of LAB DEVELOPMENT is 6.9% (elevated). The 2024 annual accounts show negative equity (-€5,043) and a net result of -€1,796. Equity is shrinking by ~45.2% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
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Signals
This company filed its last 6 accounts on average 113 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 6.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,940 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €348 | €384 | - | - |
| Gross operating margin9900 | -€611 | -€1,962 | -€79 | -€2,898 | -€1,796 | ▲ 38.0% |
| Operating profit (loss)9901 | -€785 | -€2,657 | -€426 | -€3,283 | -€1,796 | ▲ 45.3% |
| Financial income75/76B | - | - | €1,050 | - | - | - |
| Recurring financial income75 | - | - | €1,050 | - | - | - |
| Financial charges65/66B | - | - | €147 | €0 | - | - |
| Recurring financial charges65 | €161 | €34 | €147 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | -€946 | -€2,691 | €477 | -€3,283 | -€1,796 | ▲ 45.3% |
| Profit (loss) for the period9904 | -€946 | -€2,691 | €477 | -€3,283 | -€1,796 | ▲ 45.3% |
| Profit (loss) for the period to be appropriated9905 | -€946 | -€2,691 | €477 | -€3,283 | -€1,796 | ▲ 45.3% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11,333 | €11,268 | €6,609 | €6,609 | €6,609 | = |
| Current assets29/58 | €11,333 | €11,268 | €6,609 | €6,609 | €6,609 | = |
| Amounts receivable within one year40/41 | €536 | €146 | - | - | - | - |
| Cash at bank and in hand54/58 | €10,797 | €11,122 | €6,609 | €6,609 | €6,609 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11,333 | €11,268 | €6,609 | €6,609 | €6,609 | = |
| Equity10/15 | €4,484 | €1,793 | €36 | -€3,247 | -€5,043 | ▼ 55.3% |
| Contributions10/11 | €8,000 | - | €8,000 | €8,000 | €8,000 | = |
| Outside capital11 | - | - | €8,000 | €8,000 | €8,000 | = |
| Other1109/19 | - | - | €8,000 | €8,000 | €8,000 | = |
| Reserves13 | €176 | €176 | €176 | €176 | €176 | = |
| Non-distributable reserves130/1 | - | - | €176 | €176 | €176 | = |
| Reserves not available under the articles1311 | - | - | €176 | €176 | €176 | = |
| Profit (loss) carried forward14 | -€3,692 | -€6,382 | -€8,140 | -€11,423 | -€13,219 | ▼ 15.7% |
| Amounts payable17/49 | €6,849 | €9,475 | €6,574 | €9,856 | €11,653 | ▲ 18.2% |
| Amounts payable within one year42/48 | €6,710 | €9,475 | €6,574 | €9,856 | €11,653 | ▲ 18.2% |
| Trade debts44 | €6,710 | €9,475 | €348 | €60 | - | - |
| Suppliers440/4 | - | - | €348 | €60 | - | - |
| Other amounts payable47/48 | - | - | €6,226 | €9,796 | €11,653 | ▲ 19.0% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€946 | -€2,691 | €477 | -€3,283 | -€1,796 | ▲ 45.3% |
| Operating cash flow (approximation) | -€946 | -€2,691 | €477 | -€3,283 | -€1,796 | ▲ 45.3% |
| Change in cash | - | €325 | - | -€0 | €0 | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0041/00F000 | Flanders | 7,975 m² | 1 · 1,789 m² | - |
| 24302H0016/00G004 | Flanders | 1,443 m² | 1 · 289 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
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