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Label 176

Active
Private limited companyfounded 20188 yrs activeIndustriepark 4, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0689.952.684
Summary

Label 176 has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,835 and a net result of -€6,636. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 2035 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability13▼-26
Solvency80▲+21
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.22 against 2.53 in 2024; short-term debt: 45% and cash: 5.3% of total assets), and 45% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
55%
Return on assets
-9.9%
Age of the figures
12 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-02-2026, 73 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
73 d early
2024
36 d early
2023
154 d early
2022
139 d early
2021
39 d early
2020
63 d early
2019
149 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 93 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 16 February (4 of the last 5 filed years within 66 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
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

Label 176 was incorporated on 9 February 2018.1 Total assets fell from EUR 474,790 in 2019 to EUR 66,984 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€36,835▼ 15.3%
2024 · €43,471
Total assets
€66,984▼ 47.0%
2024 · €126,431
Net result
-€6,636
2024 · €715
Working capital
€36,835▼ 51.9%
2024 · €76,529
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€6,247▼ 63.1%€7,392▲ 18.3%€7,991▲ 8.1%-€2,730-€5,822▼ 113%
Net result€1,428within the sector's middle half▼ 89.2%€2,925within the sector's middle half▲ 105%€3,508within the sector's middle half▲ 19.9%€715within the sector's middle half▼ 79.6%-€6,636below the sector's middle half
Equity€36,323within the sector's middle half▲ 4.1%€39,247below the sector's middle half▲ 8.1%€42,756within the sector's middle half▲ 8.9%€43,471within the sector's middle half▲ 1.7%€36,835within the sector's middle half▼ 15.3%
Total assets€305,112above the sector's middle half▼ 29.2%€234,733within the sector's middle half▼ 23.1%€181,998within the sector's middle half▼ 22.5%€126,431within the sector's middle half▼ 30.5%€66,984within the sector's middle half▼ 47.0%
Debt€268,789▼ 32.2%€195,486▼ 27.3%€139,243▼ 28.8%€82,960▼ 40.4%€30,149▼ 63.7%
Working capital€15,314within the sector's middle half€169,470within the sector's middle half▲ 1,007%€125,390above the sector's middle half▼ 26.0%€76,529within the sector's middle half▼ 39.0%€36,835within the sector's middle half▼ 51.9%
Solvency11.9%below the sector's middle half▲ 3.8pp16.7%below the sector's middle half▲ 4.8pp23.5%within the sector's middle half▲ 6.8pp34.4%within the sector's middle half▲ 10.9pp55.0%within the sector's middle half▲ 20.6pp
Current ratio1.28within the sector's middle half▲ 0.383.60above the sector's middle half▲ 2.323.22within the sector's middle half▼ 0.382.53within the sector's middle half▼ 0.682.22within the sector's middle half▼ 0.31
Return on assets (ROA)0.5%within the sector's middle half▼ 2.6pp1.2%within the sector's middle half▲ 0.8pp1.9%within the sector's middle half▲ 0.7pp0.6%within the sector's middle half▼ 1.4pp-9.9%below the sector's middle half▼ 10.5pp
Staff (FTE)
above within below the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000€10,000Operating result 2021: €6,247€6,247Net result 2021: €1,428€1,428Operating result 2022: €7,392€7,392Net result 2022: €2,925€2,925Operating result 2023: €7,991€7,991Net result 2023: €3,508€3,508Operating result 2024: -€2,730-€2,730Net result 2024: €715€715Operating result 2025: -€5,822-€5,822Net result 2025: -€6,636-€6,63620212022202320242025-€10,000-€5,000€0€5,000€10,000Operating result 2023: €7,991€7,990Net result 2023: €3,508€3,510Operating result 2024: -€2,730-€2,730Net result 2024: €715€715Operating result 2025: -€5,822-€5,820Net result 2025: -€6,636-€6,640202320242025
The operating result stays negative: a loss of €5,822 in 2025 against €2,730 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €66,984
Equity €36,835 ▼ 15.3%
Debt €30,149 ▼ 63.7%
Debt's share of the balance-sheet total falls from 65.6% to 45.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.82▼
2024 · 1.91
ROE
-18.0%▼
2024 · 1.6%
Debt ≤ 1 year
€30,149▼
2024 · €49,902
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.3% went bankrupt
7.5% stopped otherwise
90% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 3,441 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 · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€126,431€66,984▼
Current assets29/58€126,431€66,984▼
Amounts receivable within one year40/41€123,079€63,438▼
Trade receivables40€121,411€22,471▼
Other amounts receivable41€1,669€40,967▲
Cash at bank and in hand54/58€3,351€3,546▲
Equity and liabilities
Total equity and liabilities10/49€126,431€66,984▼
Equity10/15€43,471€36,835▼
Contributions10/11€18,600€18,600=
Reserves13€24,871€18,235▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€23,011€16,375▼
Amounts payable17/49€82,960€30,149▼
Amounts payable after more than one year17€33,058-
Financial debts170/4€33,058-
Amounts payable within one year42/48€49,902€30,149▼
Current portion of amounts payable after more than one year42€39,576€23,058▼
Trade debts44€2,128€90▼
Suppliers440/4€2,128€90▼
Taxes, remuneration and social security45€397-
Taxes450/3€397-
Other amounts payable47/48€7,800€7,000▼
Income statement Code20242025
Other operating charges640/8€667€507▼
Gross operating margin9900-€2,063-€5,315▼
Operating profit (loss)9901-€2,730-€5,822▼
Financial income75/76B€6,881-
Recurring financial income75€6,881-
Financial charges65/66B€2,662€814▼
Recurring financial charges65€2,662€814▼
Profit (loss) for the period before taxes9903€1,489-€6,636▼
Income taxes67/77€774-
Profit (loss) for the period9904€715-€6,636▼
Profit (loss) for the period to be appropriated9905€715-€6,636▼
Appropriation of the result
Profit (loss) to be appropriated9906€715-€6,636▼
Transfer from equity791/2-€6,636
Transfer to equity691/2€715-
To other reserves6921€715-

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45,570-----
Other operating charges640/8-€270€3,757€667€507▼ 24.0%
Non-recurring operating charges66A-€84,315----
Gross operating margin9900€57,001€91,977€11,748-€2,063-€5,315▼ 158%
Operating profit (loss)9901€6,247€7,392€7,991-€2,730-€5,822▼ 113%
Financial income75/76B--€0€6,881--
Recurring financial income75--€0€6,881--
Financial charges65/66B-€3,403€2,255€2,662€814▼ 69.4%
Recurring financial charges65€4,812€3,403€2,255€2,662€814▼ 69.4%
Profit (loss) for the period before taxes9903€1,435€3,989€5,736€1,489-€6,636▼ 546%
Income taxes67/77€7€1,065€2,228€774--
Profit (loss) for the period9904€1,428€2,925€3,508€715-€6,636▼ 1,028%
Profit (loss) for the period to be appropriated9905€1,428€2,925€3,508€715-€6,636▼ 1,028%
Line20212022202320242025Change
Assets
Total assets20/58€305,112€234,733€181,998€126,431€66,984▼ 47.0%
Fixed assets21/28€234,315-----
Tangible fixed assets22/27€234,315-----
Current assets29/58€70,797€234,733€181,998€126,431€66,984▼ 47.0%
Amounts receivable within one year40/41€61,135€228,744€177,544€123,079€63,438▼ 48.5%
Trade receivables40-€228,146€176,479€121,411€22,471▼ 81.5%
Other amounts receivable41-€598€1,065€1,669€40,967▲ 2,355%
Cash at bank and in hand54/58€9,662€5,989€4,454€3,351€3,546▲ 5.8%
Equity and liabilities
Total equity and liabilities10/49€305,112€234,733€181,998€126,431€66,984▼ 47.0%
Equity10/15€36,323€39,247€42,756€43,471€36,835▼ 15.3%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€16,295€20,647€24,156€24,871€18,235▼ 26.7%
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133-€18,787€22,296€23,011€16,375▼ 28.8%
Profit (loss) carried forward14€1,428-----
Amounts payable17/49€268,789€195,486€139,243€82,960€30,149▼ 63.7%
Amounts payable after more than one year17€213,306€130,223€82,634€33,058--
Financial debts170/4-€130,223€82,634€33,058--
Amounts payable within one year42/48€55,483€65,263€56,608€49,902€30,149▼ 39.6%
Current portion of amounts payable after more than one year42-€53,083€47,278€39,576€23,058▼ 41.7%
Trade debts44€1,648€3,715-€2,128€90▼ 95.8%
Suppliers440/4-€3,715-€2,128€90▼ 95.8%
Taxes, remuneration and social security45-€1,065€1,531€397--
Taxes450/3-€1,065€1,531€397--
Other amounts payable47/48-€7,400€7,800€7,800€7,000▼ 10.3%
Line20212022202320242025Change
Profit (loss) for the period9904€1,428€2,925€3,508€715-€6,636▼ 1,028%
+ Depreciation and write-downs630€45,570-----
Operating cash flow (approximation)€46,999€2,925€3,508€715-€6,636▼ 1,028%
Change in cash--€3,673-€1,535-€1,103€194▲ 118%

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

Next filing, fiscal year 2026, expected by 30-04-2027
2026
16-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Weakest financial yearnet -€6,636
Net result drops to -€6,636, the lowest in the series.
25-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
28-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
12-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
30-09
Financial Liquidity triplescurrent ratio 3.60
Current ratio from 1.28 to 3.60.
22-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
26-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
03-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

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.

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Directors · office · real estate

Directors
3 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, Heist-op-den-Berg · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
6,024 m²
Volume, LiDAR
22,650 m³
Parcel 12014K0756/00W000, Flanders · tallest building 16.8 m, ±2 floors. Linked by address, not a title deed.
24 companies at this address See who is registered here
1 establishment unit
Label 176
Industriepark 4, 2220 Heist-op-den-BergAgents specialised in the wholesale of other particular products
since 20182.272.693.073
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12014K0756/00W000 Flanders 1.1 ha 1 · 6,024 m² 16.8 m · 2 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.

Structure & network

Part of the group INTRACIET 14 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. INTRACIET 100%
  2. Label 176

Highest known parent: INTRACIET. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 641 companies in sector 90312 we hold annual accounts for 227. 126 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-02-2018
Fiscal year end30-09
Activities, NACEBEL 2025
90312Arts creation and performing arts activities
46180Agents specialised in the wholesale of other particular products
71112Activities of interior architects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0689952684
Also 9925:BE0689952684
Registered 16-10-2025

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

Register as of 30 September 2026 · Peppol Directory

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