LABIE
ActiveSummary
LABIE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.61M and a net result of €95k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 94% of 993 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 9.33 against 10.84 in 2023; short-term debt: 10.2% and cash: 36.7% of total assets), and 10.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
89.8%
Return on assets
5.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
53 d late
2022
61 d late
2021
76 d late
2020
116 d late
2019
208 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.61M▲ 2.9%
2023 · €1.56M
Total assets
€1.79M▲ 4.6%
2023 · €1.71M
Net result
€95k▼ 18.8%
2023 · €117k
Working capital
€1.52M▲ 4.0%
2023 · €1.46M
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
Line20202021202220232024
Operating result€130k▼ 38.2%€157k▲ 20.6%€210k▲ 33.7%€156k▼ 25.8%€125k▼ 20.0%
Net result€96k▼ 37.2%€120k▲ 25.6%€157k▲ 30.7%€117k▼ 25.8%€95k▼ 18.8%
Equity€1.37M▲ 7.5%€1.39M▲ 1.5%€1.50M▲ 7.7%€1.56M▲ 4.5%€1.61M▲ 2.9%
Total assets€1.47M▲ 1.5%€1.55M▲ 5.4%€1.64M▲ 5.6%€1.71M▲ 4.2%€1.79M▲ 4.6%
Debt€106k▼ 41.1%€165k▲ 55.9%€146k▼ 11.9%€148k▲ 1.8%€182k▲ 23.0%
Working capital€1.26M▲ 4.0%€1.29M▲ 2.2%€1.41M▲ 9.2%€1.46M▲ 3.5%€1.52M▲ 4.0%
Staff (FTE)2=2=2=2=2=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 20% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.79M
Fixed assets
€90k ▼ 13.3%
Current assets
€1.70M ▲ 5.8%
Equity and liabilities €1.79M
Equity
€1.61M ▲ 2.9%
Debt
€182k ▲ 23.0%
Debt's share of the balance-sheet total rises from 8.7% to 10.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€143k▼
2023 · €170k
Cash flow
€113k▼
2023 · €131k
Current ratio
9.33▼
2023 · 10.84
Quick ratio
6.94▼
2023 · 7.59
Debt to equity
0.11▲
2023 · 0.09
ROE
5.9%▼
2023 · 7.5%
ROA
5.3%▼
2023 · 6.8%
Interest coverage
47.87▲
2023 · 39.43
Debt ≤ 1 year
€182k▲
2023 · €148k
Income taxes
€33k▼
2023 · €40k
Staff costs
€138k▲
2023 · €134k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €33k | - | - | - | - |
| Remuneration, social security and pensions62 | - | €115k | €121k | €134k | €138k | ▲ 3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €19k | €17k | €14k | €18k | ▲ 28.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-54 | €184 | €9k | €1k | ▼ 88.7% |
| Other operating charges640/8 | - | €5k | €4k | €4k | €4k | ▼ 6.3% |
| Gross operating margin9900 | €256k | €295k | €352k | €317k | €286k | ▼ 9.9% |
| Operating profit (loss)9901 | €130k | €157k | €210k | €156k | €125k | ▼ 20.0% |
| Financial income75/76B | - | €5k | €6k | €5k | €6k | ▲ 20.8% |
| Recurring financial income75 | €4k | €5k | €6k | €5k | €6k | ▲ 20.8% |
| Financial charges65/66B | - | €3k | €4k | €4k | €3k | ▼ 30.8% |
| Recurring financial charges65 | €3k | €3k | €4k | €4k | €3k | ▼ 30.8% |
| Profit (loss) for the period before taxes9903 | €131k | €159k | €212k | €157k | €128k | ▼ 18.3% |
| Income taxes67/77 | €36k | €39k | €55k | €40k | €33k | ▼ 16.9% |
| Profit (loss) for the period9904 | €96k | €120k | €157k | €117k | €95k | ▼ 18.8% |
| Transfer to tax-exempt reserves689 | - | - | - | €63k | - | - |
| Profit (loss) for the period to be appropriated9905 | €96k | €120k | €157k | €54k | €95k | ▲ 77.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.47M | €1.55M | €1.64M | €1.71M | €1.79M | ▲ 4.6% |
| Fixed assets21/28 | €105k | €98k | €86k | €104k | €90k | ▼ 13.3% |
| Tangible fixed assets22/27 | €99k | €93k | €78k | €95k | €82k | ▼ 13.7% |
| Land and buildings22 | - | €29k | €27k | €29k | €28k | ▼ 5.2% |
| Plant, machinery and equipment23 | - | €50k | €43k | €60k | €47k | ▼ 22.4% |
| Furniture and vehicles24 | - | €14k | €7k | €5k | €7k | ▲ 39.4% |
| Financial fixed assets28 | €6k | €5k | €9k | €9k | €8k | ▼ 9.6% |
| Current assets29/58 | €1.37M | €1.46M | €1.55M | €1.61M | €1.70M | ▲ 5.8% |
| Stocks and contracts in progress3 | €412k | €405k | €449k | €483k | €435k | ▼ 9.9% |
| Stocks30/36 | - | €405k | €449k | €483k | €435k | ▼ 9.9% |
| Amounts receivable within one year40/41 | €276k | €295k | €329k | €295k | €290k | ▼ 1.7% |
| Trade receivables40 | - | €228k | €281k | €251k | €257k | ▲ 2.1% |
| Other amounts receivable41 | - | €68k | €49k | €43k | €33k | ▼ 23.5% |
| Current investments50/53 | - | €300k | €300k | €300k | €300k | = |
| Cash at bank and in hand54/58 | €671k | €446k | €464k | €508k | €656k | ▲ 29.2% |
| Deferred charges and accrued income490/1 | - | €10k | €12k | €22k | €19k | ▼ 13.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.47M | €1.55M | €1.64M | €1.71M | €1.79M | ▲ 4.6% |
| Equity10/15 | €1.37M | €1.39M | €1.50M | €1.56M | €1.61M | ▲ 2.9% |
| Contributions10/11 | €330k | €330k | €330k | €330k | €330k | = |
| Capital10 | - | €330k | €330k | - | - | - |
| Issued capital100 | - | €330k | €330k | - | - | - |
| Outside capital11 | - | - | - | €330k | €330k | = |
| Other1109/19 | - | - | - | €330k | €330k | = |
| Reserves13 | €583k | €533k | €533k | €596k | €596k | = |
| Non-distributable reserves130/1 | - | €33k | €33k | - | - | - |
| Legal reserve130 | - | €33k | €33k | - | - | - |
| Tax-exempt reserves132 | - | - | - | €63k | €63k | = |
| Distributable reserves133 | - | €500k | €500k | €533k | €533k | = |
| Profit (loss) carried forward14 | €455k | €525k | €632k | €636k | €681k | ▲ 7.0% |
| Amounts payable17/49 | €106k | €165k | €146k | €148k | €182k | ▲ 23.0% |
| Amounts payable within one year42/48 | €106k | €165k | €146k | €148k | €182k | ▲ 23.0% |
| Trade debts44 | €65k | €27k | €51k | €53k | €56k | ▲ 4.9% |
| Suppliers440/4 | - | €27k | €51k | €53k | €56k | ▲ 4.9% |
| Taxes, remuneration and social security45 | - | €39k | €46k | €42k | €73k | ▲ 75.7% |
| Taxes450/3 | - | €22k | €25k | €19k | €46k | ▲ 136% |
| Remuneration and social security454/9 | - | €17k | €22k | €22k | €27k | ▲ 23.0% |
| Other amounts payable47/48 | - | €99k | €49k | €54k | €54k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €96k | €120k | €157k | €117k | €95k | ▼ 18.8% |
| + Depreciation and write-downs630 | €14k | €19k | €17k | €14k | €18k | ▲ 28.6% |
| Operating cash flow (approximation) | €110k | €139k | €174k | €131k | €113k | ▼ 13.7% |
| Investment in fixed assets (approximation) | - | €-12k | €-6k | €-31k | €-4k | ▲ 86.8% |
| Change in cash | - | €-225k | €18k | €44k | €148k | ▲ 237% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 53 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
2022
31-12
Financial
Highest result since 2018net €157k ▲30.7%
Net result €157k, the highest in the series.
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 76 days late
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 116 days late
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 208 days late
2020
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 160 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 61 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 152 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Heusden-Zolder · 1 establishment unit since 2012
Ground area
565 m²
Building footprint
165 m²
Volume, LiDAR
846 m³
Parcel 71025A0892/00T000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Labie
since 20122.206.156.914
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A0892/00T000 | Flanders | 565 m² | 1 · 165 m² | 8.4 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,420 EUR awarded · 2,420 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,420 EUR | 2,420 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Similar companies · same sector, comparable size
TRUCK EN TRAILER DICKENS
BE 0460.147.808
Arendonk · Eq €1.59M
GUERIN GARAGE
BE 0541.373.232
Chimay · Eq €1.57M
Agri Lemahieu
BE 0823.527.228
Ieper · Eq €1.54M
TRAILER REPAIR SERVICES
BE 0822.633.343
Brugge · Eq €1.72M
CARROSSERIE ECONOR
BE 0453.808.659
Antwerpen · Eq €1.47M
Of 497 companies in sector 95312 we hold annual accounts for 262. 172 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
Founded12-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95313Repair and fitting of specific motor vehicle parts
95319Other maintenance and repair of motor vehicles
47820Retail sale of motor vehicle parts and accessories
46720Wholesale of motor vehicle parts and accessories
Scores and ratios are computed by Checked and are not a credit decision.