LABEL-A
ActiveSummary
LABEL-A has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€29,829) and a net result of -€6,031. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-30
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 0.41 in 2024; short-term debt: 245.1% of total assets), and equity is negative.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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 2025Solvency, return and age of the figures
Solvency
-145.1%
Return on assets
-29.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€29,829
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
18 d late
2023
48 d early
2022
30 d late
2021
31 d late
2020
30 d late
2019
101 d late
← 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 19 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€29,829▼ 25.3%
2024 · -€23,798
Total assets
€20,552▼ 16.0%
2024 · €24,463
Net result
-€6,031▼ 417%
2024 · -€1,167
Working capital
-€34,427▼ 21.3%
2024 · -€28,384
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€22,419▲ 54.3%€15,572▼ 30.5%€8,482▼ 45.5%€2,425▼ 71.4%-€3,878
Net result€18,310within the sector's middle half▲ 37.0%€14,696within the sector's middle half▼ 19.7%€5,182within the sector's middle half▼ 64.7%-€1,167below the sector's middle half-€6,031below the sector's middle half▼ 417%
Equity-€42,510below the sector's middle half▲ 30.1%-€27,813below the sector's middle half▲ 34.6%-€22,631below the sector's middle half▲ 18.6%-€23,798below the sector's middle half▼ 5.2%-€29,829below the sector's middle half▼ 25.3%
Total assets€16,846below the sector's middle half▲ 2.5%€22,911below the sector's middle half▲ 36.0%€29,014below the sector's middle half▲ 26.6%€24,463below the sector's middle half▼ 15.7%€20,552below the sector's middle half▼ 16.0%
Debt€59,355▼ 23.2%€50,724▼ 14.5%€51,645▲ 1.8%€48,261▼ 6.6%€50,381▲ 4.4%
Working capital-€43,076▲ 29.2%-€28,169▲ 34.6%-€25,899▲ 8.1%-€28,384▼ 9.6%-€34,427▼ 21.3%
Solvency-252.3%below the sector's middle half▲ 117.8pp-121.4%below the sector's middle half▲ 131.0pp-78.0%below the sector's middle half▲ 43.4pp-97.3%below the sector's middle half▼ 19.3pp-145.1%below the sector's middle half▼ 47.9pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3,878 after €2,425 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20,552
Fixed assets
€4,597 ▲ 0.2%
Current assets
€15,955 ▼ 19.7%
Key figures and ratios
EBITDA
-€2,535▼
2024 · €3,321
Cash flow
-€4,688▼
2024 · -€271
Current ratio
0.32▼
2024 · 0.41
Debt to equity
-1.69▲
2024 · -2.03
ROA
-29.3%▼
2024 · -4.8%
Interest coverage
-1.58▼
2024 · 2.02
Debt ≤ 1 year
€50,381▲
2024 · €48,261
Income taxes
€565▼
2024 · €1,952
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.0%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,940 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,000 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €65 | €210 | €534 | €897 | €1,344 | ▲ 49.9% |
| Other operating charges640/8 | €1,285 | €2,159 | €1,625 | €1,209 | €1,075 | ▼ 11.0% |
| Gross operating margin9900 | €23,769 | €17,941 | €10,641 | €4,530 | -€1,459 | ▼ 132% |
| Operating profit (loss)9901 | €22,419 | €15,572 | €8,482 | €2,425 | -€3,878 | ▼ 260% |
| Financial income75/76B | €0 | - | - | €6 | €13 | ▲ 99.7% |
| Recurring financial income75 | €0 | - | - | €6 | €13 | ▲ 99.7% |
| Financial charges65/66B | €3,991 | €376 | €385 | €1,646 | €1,600 | ▼ 2.8% |
| Recurring financial charges65 | €725 | €376 | €385 | €1,646 | €1,600 | ▼ 2.8% |
| Non-recurring financial charges66B | €3,266 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €18,427 | €15,196 | €8,097 | €785 | -€5,466 | ▼ 796% |
| Income taxes67/77 | €117 | €500 | €2,915 | €1,952 | €565 | ▼ 71.0% |
| Profit (loss) for the period9904 | €18,310 | €14,696 | €5,182 | -€1,167 | -€6,031 | ▼ 417% |
| Profit (loss) for the period to be appropriated9905 | €18,310 | €14,696 | €5,182 | -€1,167 | -€6,031 | ▼ 417% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16,846 | €22,911 | €29,014 | €24,463 | €20,552 | ▼ 16.0% |
| Fixed assets21/28 | €567 | €356 | €3,268 | €4,586 | €4,597 | ▲ 0.2% |
| Intangible fixed assets21 | €0 | €0 | €0 | - | - | - |
| Tangible fixed assets22/27 | €567 | €356 | €3,268 | €4,586 | €4,597 | ▲ 0.2% |
| Plant, machinery and equipment23 | - | - | €3,122 | €2,433 | €1,744 | ▼ 28.3% |
| Furniture and vehicles24 | €567 | €356 | €146 | €2,153 | €2,853 | ▲ 32.5% |
| Current assets29/58 | €16,279 | €22,554 | €25,746 | €19,877 | €15,955 | ▼ 19.7% |
| Amounts receivable within one year40/41 | €13,310 | €13,533 | €1,292 | €14,382 | €15,140 | ▲ 5.3% |
| Trade receivables40 | €13,310 | €13,533 | €1,292 | €14,382 | €15,140 | ▲ 5.3% |
| Cash at bank and in hand54/58 | €2,359 | €6,864 | €23,020 | €3,611 | - | - |
| Deferred charges and accrued income490/1 | €610 | €2,158 | €1,434 | €1,884 | €815 | ▼ 56.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16,846 | €22,911 | €29,014 | €24,463 | €20,552 | ▼ 16.0% |
| Equity10/15 | -€42,510 | -€27,813 | -€22,631 | -€23,798 | -€29,829 | ▼ 25.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€50,570 | -€35,873 | -€30,691 | -€31,858 | -€37,889 | ▼ 18.9% |
| Amounts payable17/49 | €59,355 | €50,724 | €51,645 | €48,261 | €50,381 | ▲ 4.4% |
| Amounts payable within one year42/48 | €59,355 | €50,724 | €51,645 | €48,261 | €50,381 | ▲ 4.4% |
| Financial debts43 | - | - | - | - | €3,073 | - |
| Credit institutions430/8 | - | - | - | - | €3,073 | - |
| Trade debts44 | €2,513 | €2,659 | €3,151 | €2,536 | €2,967 | ▲ 17.0% |
| Suppliers440/4 | €2,513 | €2,659 | €3,151 | €2,536 | €2,967 | ▲ 17.0% |
| Taxes, remuneration and social security45 | €2,666 | €7,304 | €11,647 | €8,878 | €8,494 | ▼ 4.3% |
| Taxes450/3 | €2,666 | €7,304 | €11,647 | €7,981 | €7,679 | ▼ 3.8% |
| Remuneration and social security454/9 | - | - | - | €897 | €816 | ▼ 9.0% |
| Other amounts payable47/48 | €54,177 | €40,761 | €36,847 | €36,847 | €35,847 | ▼ 2.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,310 | €14,696 | €5,182 | -€1,167 | -€6,031 | ▼ 417% |
| + Depreciation and write-downs630 | €65 | €210 | €534 | €897 | €1,344 | ▲ 49.9% |
| Operating cash flow (approximation) | €18,375 | €14,907 | €5,716 | -€271 | -€4,688 | ▼ 1,633% |
| Investment in fixed assets (approximation) | - | €0 | -€3,446 | -€2,215 | -€1,355 | ▲ 38.8% |
| Change in cash | - | €4,505 | €16,156 | -€19,409 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €18,310 ▲37%
Operating result €22,419, net result €18,310, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
Financial
Back to profitnet €853
Net result €853 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Sint-Pieters-Woluwe · 1 establishment unit since 2008
Ground area
548 m²
Building footprint
162 m²
Volume, LiDAR
1,916 m³
2 parcels, Brussels · tallest building 15.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Alphonse Valkenerslaan 4, 1160 Oudergem
since 20082.174.125.831
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0158/00N006 | Brussels | 327 m² | 1 · 105 m² | 15.3 m · 5 fl. |
| 21683D0369/00D010 | Brussels | 222 m² | 1 · 57 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899113190
Registered
15-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.