Active BE 0871.264.094Private limited company

LAB UNITED

Jean Louis Cautreelslaan 8 ·2610 Antwerpen, Belgium· 21 yrs active

Sector: Activities of holding companies (64210)

Conclusion Checked

LAB UNITED is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €548k and a net result of €80k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 83% of 7837 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€548k
Net result	€80k
Staff (FTE)	1
Better than sector	83%

Financial profile 4 of 5 axes measured · computed by Checked

81 / 100

Strong profile, led by solvency.

Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 73

Solvency 100

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 2005, 21 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Financial overview21 NBB filings

Annual accounts filed on 04-06-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~12%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 64, Financial service activities, except insurance and pension funding · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	85.5%	51.3%	better than 83% of 7837 sector peers
Net result	€80k	€33k	better than 74% of 7841 sector peers
Equity	€548k	€132k	better than 81% of 7843 sector peers
Gross operating margin	€156k	€63k	better than 81% of 7830 sector peers
Staff costs	€43k	€12k	higher than 70% of 800 sector peers

Net profit

€80k

-19.4% 21-25

Total assets

€642k

-0.1% 21-25

Equity

€548k

-12.5% 21-25

Employees (FTE)

1

0.0% 21-25

Staff costs

€43k

+22.7% 21-25

Income taxes

€38k

-6.0% 21-25

Dividends

€82k

- 21-25

Debt

€93k

+502.3% 21-25

Debt ≤ 1y

€93k

+502.3% 21-25

Solvency

85.5%

-12.4% 21-25

ROE

14.5%

-7.9% 21-25

ROA

12.4%

-19.3% 21-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022	2021
Deposit	micro schema	micro schema	micro schema	micro schema	micro schema
Revenue	n/a	n/a	n/a	n/a	n/a
EBITDA	n/a	n/a	n/a	n/a	n/a
Net profit	€80k	€99k	€150k	€92k	€102k
Cash flow	n/a	n/a	n/a	n/a	n/a
Staff costs	€43k	€35k	€33k	€31k	€3k
Income taxes	€38k	€41k	€64k	€40k	€47k
Dividends	€82k	€0	€65k	€52k	€43k
Total assets	€642k	€643k	€623k	€509k	€480k
Equity	€548k	€627k	€528k	€444k	€404k
Debt	€93k	€15k	€94k	€65k	€76k
of which ≤ 1y	€93k	€15k	€94k	€65k	€76k
of which > 1y	-	-	-	-	-
Working capital	n/a	n/a	n/a	n/a	n/a
Employees (FTE)	1.0	1.0	1.0	-	-

Ratios (computed)

	2025	2024	2023	2022	2021
Current ratio	n/a	n/a	n/a	n/a	n/a
Quick ratio	n/a	n/a	n/a	n/a	n/a
Working capital ratio	n/a	n/a	n/a	n/a	n/a
Solvency	85.5%	97.6%	84.8%	87.2%	84.2%
Debt / equity	n/a	n/a	n/a	n/a	n/a
Long-term debt ratio	n/a	n/a	n/a	n/a	n/a
Interest coverage	n/a	n/a	n/a	n/a	n/a
Gross margin	n/a	n/a	n/a	n/a	n/a
Net margin	n/a	n/a	n/a	n/a	n/a
ROA	12.4%	15.4%	24.0%	18.0%	21.2%
ROE	14.5%	15.8%	28.3%	20.7%	25.2%
EBITDA margin	n/a	n/a	n/a	n/a	n/a
Days sales outstanding	n/a	n/a	n/a	n/a	n/a
Days payable outstanding	n/a	n/a	n/a	n/a	n/a
Inventory turnover	n/a	n/a	n/a	n/a	n/a
Days inventory (DSI)	n/a	n/a	n/a	n/a	n/a

Balance-sheet composition 2025

Assets

Fixed assets €24k · 3.8% Current assets €618k · 96.3%

Equity & liabilities

Equity €548k · 85.5% Debt €93k · 14.5%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€642k	€643k	€623k	€509k	€480k
Fixed assets	21/28	€24k	€29k	€34k	€40k	€56k
Tangible fixed assets	22/27	€24k	€29k	€34k	€40k	€56k
Current assets	29/58	€618k	€613k	€588k	€469k	€424k
Amounts receivable within one year	40/41	€31k	€26k	€67k	€6k	€6k
Investments	50/53	€480k	€478k	€476k	€200k	€150k
Cash & bank	54/58	€105k	€109k	€43k	€262k	€267k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€642k	€643k	€623k	€509k	€480k
Equity	10/15	€548k	€627k	€528k	€444k	€404k
Contributions / capital	10/11	€12k	€12k	€12k	€12k	€12k
Reserves	13	€535k	€614k	€515k	€430k	€391k
Accumulated profits (losses)	14	€1k	€1k	€1k	€1k	€1k
Amounts payable	17/49	€93k	€15k	€94k	€65k	€76k
Amounts payable within one year	42/48	€93k	€15k	€94k	€65k	€76k
Trade debts payable within one year	44	€588	€486	€814	€226	€1k
Income statement
Gross operating margin	9900	€156k	€172k	€250k	€180k	€169k
Operating result	9901	€106k	€130k	€211k	€131k	€149k
Financial income	75	€12k	€10k	€3k	€82	€32
Financial charges	65	€150	€135	€122	€121	€120
Result before taxes	9903	€118k	€140k	€214k	€131k	€149k
Income taxes	67/77	€38k	€41k	€64k	€40k	€47k
Net result for the period	9904	€80k	€99k	€150k	€92k	€102k
Result to be appropriated	9905	€80k	€99k	€150k	€92k	€102k

Legal Structure

NACE primary	Activities of holding companies(64210)
Legal form	Private limited company(610)
Incorporation	18-01-2005
Status	Active
Postal code	2610

Establishment units 1 location

LAB UNITED

Jean Louis Cautreelslaan 8, 2610 AntwerpenNACE 74142

since 20052.342.097.563

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11051C0126/00B003	Flanders	1,452 m²	1 · 222 m²	9.6 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

04-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €80k ▼19.4%

Net result drops to €80k, the lowest in the series.

18-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 18 days late

2024

31-12

Financial Liquidity times 6current ratio 39.68

Current ratio from 6.23 to 39.68; short-term debt falls from €94k to €15k.

31-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Highest result since 2021net €150k ▲63.2%

Operating result €211k, net result €150k, both a record.

31-12

Financial Equity above €500kEq €528k ▲19%

3 profitable years in a row build equity to €528k.

21-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

28-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

23-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

26-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

16-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 16 days late

2018

14-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 14 days late

2017

11-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 11 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 3 acts read

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.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Holdings64200Activities of holding companies64210Business and other management consultancy70200Business consulting7022074151

Names & trade names

Legal nameNL

LAB UNITED

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