Result
From profit to loss in 2024, after a profit of €22,106 in 2023.
From profit to loss in 2024, after a profit of €22,106 in 2023.
Debts rose by €66,811 in 2024.
Green is investment, beige is depreciation.
Short-term debts rose from €52,266 to €70,764.
2025 accounts not filed: deadline was 31-07-2026.
Lower net result than 91% of companies in retail trade. Sector median €4,555 · 25,613 companies.
In July 2024, 4,820 companies had the same profile as LABAIRTEC 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.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,820 companies, not a prediction for LABAIRTEC. 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.
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.
| Company | ||||
|---|---|---|---|---|
| LABAIRTEC Landen | €224,422 | -€2,647 | 44.0% | - |
| LIFE SUPPORT CONSULTING Vilvoorde | €158,944 | -€15,107 | 84.7% | - |
| ExpoDuo Design Jodoigne | €190,136 | -€17,687 | 91.1% | - |
| Geca Machines Antwerp | €273,504 | -€18,668 | -39.1% | 1 |
| I'TM Antwerp | €245,335 | -€3,125 | 64.7% | - |
| V.M.V.S.K. Brussels | €219,022 | -€20,616 | 26.5% | - |
| ETABLISSEMENTS STEPHANE DURIEUX Tournai | €170,429 | €1,074 | 61.3% | - |
These companies have the same main activity as LABAIRTEC: other retail sale of new goods (NACE 47789). They are comparable in size and age: total assets between €159,000 and €274,000, founded between 2002 and 2006.
LABAIRTEC files the micro format. That format states no turnover. The gross margin fell from €19,072 in 2009 to -€2,647 in 2024.
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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