Equity
LAB@MOND paid out €159,000 in dividends. That is 99% of the 2025 profit.
LAB@MOND paid out €159,000 in dividends. That is 99% of the 2025 profit.
€40,685 of the debts are secured on the company's own assets. In 2021 that was €57,466.
In 2025, 3 people joined and 3 left.
The dashed line is the sector median: 0.3% across 1,141 companies (NACE 32, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, micro). It does better than 31% of them on solvency, 26% on liquidity, 93% on profitability and 43% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 5,053 companies had the same profile as LAB@MOND has now. Each dot stands for 13 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LAB@MOND itself: 0.3% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for LAB@MOND. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.93 (0.84 in 2024), below 1. Short-term debt is 74.3% and cash 20.3% of total assets. 78.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 17 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.
| Company | ||||
|---|---|---|---|---|
| LAB@MOND Antwerp | €426,878 | €603,491 | 21.5% | 4.2 |
| OPTIC BARCHON Blegny | €588,654 | €548,768 | 44.2% | 5.3 |
| ORTHO PRODUCTIONS Boutersem | €688,094 | €600,048 | 88.9% | 5.3 |
| General MediQs Torhout | €684,666 | €467,622 | 67.1% | 5.4 |
| LABO DENTAIRE GUILLITTE Esneux | €438,501 | €510,236 | 50.1% | 5.9 |
| ORTHOPEDIE KESTELYN Oudenaarde | €607,677 | €347,693 | 76.6% | 5 |
| Maison Luc Médical Brussels | €519,574 | €454,471 | 45.1% | 7.3 |
These companies have the same main activity as LAB@MOND: manufacture of medical and dental instruments and supplies (NACE 32500). They are comparable in size and age: total assets between €439,000 and €688,000, founded between 2010 and 2018.
LAB@MOND files the abbreviated format. That format states no turnover. The gross margin rose from €36,271 in 2014 to €603,491 in 2025.
Dentco holds 62.49% of the shares. In November 2021, the Official Gazette published the appointment of BELIV as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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