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LABECS

Active Private limited companyfounded 2006active for 20 yearsVieux-Chemin-des Isnes,St-Denis 2, 5081 La BruyèreKBO/BCE: BE 0884.860.922

Lifetime

19 annual accounts with figures on one time axis
peak €79,120 (2010)
€27,317▲ 27.8%
lowest -€95,924 (2009)
€16,122▲ 2.0%
peak €9,726 (2007)
-€16,753▲ €16,122
€65,498▼ 26.9%
peak 2.6 FTE (2009)
-not published
Board1 name since 2016
1 director
Owners
  
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €21,380 to €27,317Equity from -€32,875 to -€16,753Debts from €89,566 to €65,498Cash from €3,890 to €9,332

Key points

from the 2025 annual accounts

Equity

-€16,753
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€65,498 134% of the balance sheet
Financial debts 12%Suppliers 5%Other 83%

Of this, €57,583 falls due within a year.

Filings

19 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

Eight of the last ten came late. The 2021 accounts came latest: 117 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,795 companies had the same profile as LABECS has now. Each dot stands for 10 companies, two years later.

91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

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.

The companies in ten equal groups, from the lowest to the 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% 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 3,795 companies, not a prediction for LABECS. 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.

Credit verdict

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Signals

Board and ownership

Director, since 07-11-2016
  • 100%annual accounts 2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0884860922
Change of role: , from manager to director holds all the shares · Director discharge: · General meeting of 24-10-2023 · Gazette deed
Purpose change “La réalisation de tous travaux de plafonnage, savoir entre autres cimentage, isolation, cloisons, crépis; Tout…” (deed in French) · holds all the shares · Director in office: (manager (not named in the articles)) · General meeting of 28-10-2014 · Gazette deed
First establishment Larobelle, Vieux-Chemin-des Isnes,St-Denis 2, La Bruyère
All 27 events

Comparable companies

same main activity, similar in size and age
Company
LABECS La Bruyère €94,115 18.9% -34.4% -
SQUARE FACTORY Brussels €60,561 57.5% -325.0% -
FRANICC Aarschot - - -260.9% -
D.-L. DISTRIBUTION Kontich - - 82.1% 0
ELOX Antwerp - - -164.0% -
KARO-CONSULTING Lokeren - - 25.5% -
ARTSTOF Ghent - - 53.5% -
-10%0%10%20%€100,000€1m€10m€100m€1bn€10bnLABECSEBIT margin

Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as LABECS: wholesale of household textiles and bedding (NACE 46412). They are comparable in size and age: total assets between €40,800 and €80,700, founded between 2002 and 2010.

Official details

Source: KBO
Status
Active since 30-10-2006Normal situation
Activity
Wholesale of household textiles and beddingNACE 46412and 5 others
Establishment unit
2.157.271.4865081 La Bruyère, since 15-02-2007
Financial year end
31 December
Peppol
Reachable since 06-01-2026
Company details

Annual accounts 2025

€48,745▼ 14.0%
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Insights on LABECS

LABECS files the micro format. That format states no turnover. The gross margin fell from €40,034 in 2007 to €27,317 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about LABECS

What is the company number of LABECS?
The company number of LABECS is 0884.860.922. The VAT number is the same number with BE in front: BE 0884.860.922.
Where is LABECS based?
The registered office is at Vieux-Chemin-des Isnes,St-Denis 2, 5081 La Bruyère.Company details
What does LABECS do?
According to the KBO register, the main activity is wholesale of household textiles and bedding (NACE 46412).
What is the legal form of LABECS?
LABECS is a private limited company (BV).
When was LABECS founded?
LABECS was founded on 30-10-2006.
Is LABECS still active?
Yes, LABECS is an active enterprise in the KBO register.
How many employees does LABECS have?
LABECS had an average of 0.2 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of LABECS?
The turnover of LABECS was €94,115 in financial year 2025, according to the filed annual accounts.
Is LABECS profitable?
In financial year 2025, LABECS made a profit of €16,122.
Where can I find the annual accounts of LABECS?
LABECS filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LABECS due?
LABECS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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