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LABBE J-PH

Active
Private limited companyfounded 197946 yrs activeRue de la Gare 69, 6880 Bertrix, BelgiumKBO/BCE: BE 0420.076.118
Summary

LABBE J-PH has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €385,049 and a net result of €57,277. Equity is growing by ~24.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2021
Profitability81▼-6
Solvency92▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days only on tighter terms
Liquidity ample (current ratio 11.11 against 8.23 in 2021; short-term debt: 4.1% and cash: 44.8% of total assets), and 32.7% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 46 years 0 50 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-12-2025, 139 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
139 d late
2021
31 d late
2020
59 d late
2019
89 d late
2018
21 d late
2017
20 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 60 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

LABBE J-PH was incorporated on 30 November 1979.1 Total assets rose from EUR 170,506 in 2018 to EUR 571,982 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€385,049▲ 64.9%
2021 · €233,529
Total assets
€571,982▲ 116%
2021 · €264,982
Net result
€57,277▲ 52.0%
2021 · €37,679
Working capital
€234,269▲ 3.1%
2021 · €227,278
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212024
Operating result€36,970-€90,102▲ 144%€55,794▼ 38.1%€53,268▼ 4.5%€76,851-
Net result€23,547-€65,787▲ 179%€63,134▼ 4.0%€37,679▼ 40.3%€57,277-
Equity€85,285-€151,072▲ 77.1%€195,849▲ 29.6%€233,529▲ 19.2%€385,049-
Total assets€170,506-€282,590▲ 65.7%€249,960▼ 11.5%€264,982▲ 6.0%€571,982-
Debt€85,221-€106,518▲ 25.0%€29,111▼ 72.7%€31,453▲ 8.0%€186,933-
Working capital€91,760-€183,507▲ 100.0%€162,600▼ 11.4%€227,278▲ 39.8%€234,269-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2018: €36,970€36,970Net result 2018: €23,547€23,547Operating result 2019: €90,102€90,102Net result 2019: €65,787€65,787Operating result 2020: €55,794€55,794Net result 2020: €63,134€63,134Operating result 2021: €53,268€53,268Net result 2021: €37,679€37,679Operating result 2024: €76,851€76,851Net result 2024: €57,277€57,27720182019202020212024€0€20,000€40,000€60,000€80,000Operating result 2020: €55,794€55,800Net result 2020: €63,134€63,100Operating result 2021: €53,268€53,300Net result 2021: €37,679€37,700Operating result 2024: €76,851€76,900Net result 2024: €57,277€57,300202020212024
The operating result is €76,851 in 2024, compared with €53,268 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2021 as the grey bar beneath
Assets €571,982
Fixed assets €314,542 ▲ 4,932%
Current assets €257,440 ▼ 0.5%
Equity and liabilities €571,982
Equity €385,049 ▲ 64.9%
Debt €186,933 ▲ 494%
Debt's share of the balance-sheet total rises from 11.9% to 32.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2021
EBITDA
€89,679▲
2021 · €53,961
Cash flow
€70,104▲
2021 · €38,372
Current ratio
11.11▲
2021 · 8.23
Debt to equity
0.49▲
2021 · 0.13
ROE
14.9%▼
2021 · 16.1%
ROA
10.0%▼
2021 · 14.2%
Interest coverage
23.82▲
2021 · 10.74
Debt ≤ 1 year
€23,171▼
2021 · €31,453
Debt > 1 year
€163,762
Income taxes
€19,293▲
2021 · €12,666
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 20,134 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2021 · 55 lines
Balance sheet Code20212024
Assets
Total assets20/58€264,982€571,982▲
Fixed assets21/28€6,251€314,542▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€6,251€314,542▲
Land and buildings22-€310,910
Plant, machinery and equipment23-€1,463
Furniture and vehicles24€6,251€2,169▼
Current assets29/58€258,731€257,440▼
Amounts receivable within one year40/41€71,007€986▼
Trade receivables40-€986
Other amounts receivable41€71,007-
Current investments50/53€12,031-
Cash at bank and in hand54/58€160,693€256,453▲
Deferred charges and accrued income490/1€15,000-
Equity and liabilities
Total equity and liabilities10/49€264,982€571,982▲
Equity10/15€233,529€385,049▲
Contributions10/11€18,592€18,592=
Capital10-€18,592
Issued capital100-€18,592
Reserves13€103,251€183,250▲
Non-distributable reserves130/1€1,859€1,859=
Legal reserve130-€1,859
Reserves not available under the articles1311€1,859-
Distributable reserves133€101,392€181,391▲
Profit (loss) carried forward14€111,686€183,207▲
Amounts payable17/49€31,453€186,933▲
Amounts payable after more than one year17-€163,762
Financial debts170/4-€163,762
Amounts payable within one year42/48€31,453€23,171▼
Current portion of amounts payable after more than one year42-€8,298
Trade debts44€8,079-
Suppliers440/4€8,079-
Advances received on contracts in progress46€184€184▼
Taxes, remuneration and social security45€18,574€9,629▼
Taxes450/3€11,579€9,629▼
Remuneration and social security454/9€6,995-
Other amounts payable47/48€4,616€5,060▲
Income statement Code20212024
Remuneration, social security and pensions62€815-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€693€12,827▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€25,000-
Other operating charges640/8€485€482▼
Gross operating margin9900€30,261€90,160▲
Operating profit (loss)9901€53,268€76,851▲
Financial income75/76B€2,102€3,483▲
Recurring financial income75€2,102€3,483▲
Financial charges65/66B€5,025€3,765▼
Recurring financial charges65€5,025€3,765▼
Profit (loss) for the period before taxes9903€50,345€76,570▲
Income taxes67/77€12,666€19,293▲
Profit (loss) for the period9904€37,679€57,277▲
Profit (loss) for the period to be appropriated9905€37,679€57,277▲
Appropriation of the result
Profit (loss) to be appropriated9906€146,686€183,207▲
Profit (loss) brought forward from the previous period14P€109,007€125,930▲
Transfer to equity691/2€35,000-
To other reserves6921€35,000-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212024Change
Remuneration, social security and pensions62---€815--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,889€5,890€32,889€693€12,827-
Provisions for liabilities and charges: additions (uses and reversals)635/8----€25,000--
Other operating charges640/8---€485€482-
Gross operating margin9900€94,802€124,607€89,778€30,261€90,160-
Operating profit (loss)9901€36,970€90,102€55,794€53,268€76,851-
Financial income75/76B---€2,102€3,483-
Recurring financial income75--€34,094€2,102€3,483-
Financial charges65/66B---€5,025€3,765-
Recurring financial charges65€5,018€247€15,818€5,025€3,765-
Profit (loss) for the period before taxes9903€31,952€89,855€74,070€50,345€76,570-
Income taxes67/77€8,405€24,068€10,936€12,666€19,293-
Profit (loss) for the period9904€23,547€65,787€63,134€37,679€57,277-
Profit (loss) for the period to be appropriated9905€23,547€65,787€63,134€37,679€57,277-
Line20182019202020212024Change
Assets
Total assets20/58€170,506€282,590€249,960€264,982€571,982-
Fixed assets21/28€43,026€37,136€58,249€6,251€314,542-
Intangible fixed assets21--€27,000€0--
Tangible fixed assets22/27€11,777€5,887-€6,251€314,542-
Land and buildings22----€310,910-
Plant, machinery and equipment23----€1,463-
Furniture and vehicles24---€6,251€2,169-
Financial fixed assets28€31,249€31,249€31,249---
Current assets29/58€127,480€245,454€191,711€258,731€257,440-
Amounts receivable within one year40/41€7,744€7,744-€71,007€986-
Trade receivables40----€986-
Other amounts receivable41---€71,007--
Current investments50/53---€12,031--
Cash at bank and in hand54/58€105,728€237,710€191,711€160,693€256,453-
Deferred charges and accrued income490/1---€15,000--
Equity and liabilities
Total equity and liabilities10/49€170,506€282,590€249,960€264,982€571,982-
Equity10/15€85,285€151,072€195,849€233,529€385,049-
Contributions10/11€18,592€18,592-€18,592€18,592-
Capital10----€18,592-
Issued capital100----€18,592-
Reserves13€8,250€68,250€68,250€103,251€183,250-
Non-distributable reserves130/1---€1,859€1,859-
Legal reserve130----€1,859-
Reserves not available under the articles1311---€1,859--
Distributable reserves133---€101,392€181,391-
Profit (loss) carried forward14€58,443€64,230€109,007€111,686€183,207-
Provisions and deferred taxes16-€25,000€25,000---
Amounts payable17/49€85,221€106,518€29,111€31,453€186,933-
Amounts payable after more than one year17€49,501€44,571--€163,762-
Financial debts170/4----€163,762-
Amounts payable within one year42/48€35,720€61,947€29,111€31,453€23,171-
Current portion of amounts payable after more than one year42----€8,298-
Trade debts44€891--€8,079--
Suppliers440/4---€8,079--
Advances received on contracts in progress46---€184€184-
Taxes, remuneration and social security45---€18,574€9,629-
Taxes450/3---€11,579€9,629-
Remuneration and social security454/9---€6,995--
Other amounts payable47/48---€4,616€5,060-
Line20182019202020212024Change
Profit (loss) for the period9904€23,547€65,787€63,134€37,679€57,277-
+ Depreciation and write-downs630€5,889€5,890€32,889€693€12,827-
Operating cash flow (approximation)€29,436€71,677€96,023€38,372€70,104-
Investment in fixed assets (approximation)-€0-€54,002€51,305--
Change in cash-€131,982-€45,999-€31,018--

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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Timeline · acts, filings and financial milestones

2025
17-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 139 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Equity above €200,000Eq €233,529 ▲19.2%
4 profitable years in a row build equity to €233,529.
28-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
28-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial Highest result since 2018net €65,787 ▲179%
Operating result €90,102, net result €65,787, both a record.
31-12
Financial Equity above €150,000Eq €151,072 ▲77.1%
2 profitable years in a row build equity to €151,072.
21-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
20-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
10-11
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 102 days late
2016
23-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
21-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 21 days late
2014
25-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bertrix · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
187 m²
Building footprint
104 m²
Volume, LiDAR
888 m³
Parcel 84009A0013/00X000, Wallonia · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
LABBE - PIEDBOEUF SPRL
Rue de la Gare 69, 6880 BertrixNACE 65231
since 19962.133.057.912
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
84009A0013/00X000 Wallonia 187 m² 1 · 104 m² 12.9 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

875500E121B6PBOR6867
no longer live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company
Founded30-11-1979
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.