LABMASSTER
ActiveLABMASSTER has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.01M and a net result of €194k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 474 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-13
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 4.41 against 6.55 in 2024; short-term debt: 21.2% and cash: 54.6% of total assets), and 21.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.8%
Return on assets
15.2%
Age of the figures
18 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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
on the day
2021
2 d late
2020
2 d late
2019
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.01M▲ 5.6%
2024 · €955k
2019: €695k
2020: €885k
2021: €687k
2022: €668k
2023: €807k
2024: €955k
2019 → 2025
Total assets
€1.28M▲ 15.8%
2024 · €1.11M
2019: €778k
2020: €976k
2021: €752k
2022: €807k
2023: €937k
2024: €1.11M
2019 → 2025
Net result
€194k▲ 13.2%
2024 · €171k
2019: €172k
2020: €190k
2021: €-110k
2022: €195k
2023: €170k
2024: €171k
2019 → 2025
Working capital
€926k▲ 10.8%
2024 · €836k
2019: €692k
2020: €889k
2021: €613k
2022: €583k
2023: €645k
2024: €836k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€687k-€668k▼ 2.9%€807k▲ 20.8%€955k▲ 18.4%€1.01M▲ 5.6%
Operating result€370k-€483k▲ 30.7%€449k▼ 7.2%€248k▼ 44.7%€363k▲ 46.5%
Net result€-110k-€195k€170k▼ 12.9%€171k▲ 0.9%€194k▲ 13.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 47% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.28M
Fixed assets
€83k▼ 30.8%
Current assets
€1.20M▲ 21.5%
Equity and liabilities €1.28M
Equity
€1.01M▲ 5.6%
Debt
€272k▲ 80.5%
The debt ratio rises from 13.6% to 21.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€408k▲
2024 · €293k
Cash flow
€239k▲
2024 · €216k
Solvency
78.8%▼
2024 · 86.4%
Current ratio
4.41▼
2024 · 6.55
Quick ratio
4.01▼
2024 · 5.72
Debt / equity
0.27▲
2024 · 0.16
ROE
19.2%▲
2024 · 17.9%
ROA
15.2%▼
2024 · 15.5%
Interest coverage
4.50▼
2024 · 18.54
Debt
€272k▲
2024 · €150k
Debt ≤ 1 year
€272k▲
2024 · €150k
Income taxes
€103k▲
2024 · €101k
Staff costs
€240k▲
2024 · €225k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.11M€1.28M▲
Fixed assets21/28€120k€83k▼
Tangible fixed assets22/27€120k€79k▼
Furniture and vehicles24€118k€77k▼
Other tangible fixed assets26€1k€1k▼
Financial fixed assets28-€4k
Current assets29/58€986k€1.20M▲
Amounts receivable after more than one year29€90k€10k▼
Other amounts receivable291€90k€10k▼
Stocks and contracts in progress3€126k€109k▼
Stocks30/36€126k€109k▼
Amounts receivable within one year40/41€204k€342k▲
Trade receivables40€173k€341k▲
Other amounts receivable41€31k€1k▼
Current investments50/53€53k€119▼
Cash at bank and in hand54/58€471k€699k▲
Deferred charges and accrued income490/1€42k€37k▼
Equity and liabilities
Total equity and liabilities10/49€1.11M€1.28M▲
Equity10/15€955k€1.01M▲
Contributions10/11€12k€12k=
Reserves13€943k€996k▲
Tax-exempt reserves132€349k€211k▼
Distributable reserves133€594k€786k▲
Amounts payable17/49€150k€272k▲
Amounts payable within one year42/48€150k€272k▲
Trade debts44€37k€149k▲
Suppliers440/4€37k€149k▲
Taxes, remuneration and social security45€112k€118k▲
Taxes450/3€81k€91k▲
Remuneration and social security454/9€32k€28k▼
Other amounts payable47/48€833€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€225k€240k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€44k▼
Other operating charges640/8€3k€5k▲
Gross operating margin9900€521k€652k▲
Operating profit (loss)9901€248k€363k▲
Financial income75/76B€40k€24k▼
Recurring financial income75€2k€24k▲
Non-recurring financial income76B€38k-
Financial charges65/66B€16k€91k▲
Recurring financial charges65€16k€91k▲
Profit (loss) for the period before taxes9903€272k€297k▲
Income taxes67/77€101k€103k▲
Profit (loss) for the period9904€171k€194k▲
Transfer from tax-exempt reserves789€71k€138k▲
Profit (loss) for the period to be appropriated9905€243k€333k▲
Appropriation of the result
Profit (loss) to be appropriated9906€243k€333k▲
Transfer from equity791/2€22k€121k▲
Transfer to equity691/2€242k€313k▲
To other reserves6921€242k€313k▲
Profit to be distributed694/7€23k€141k▲
Return on contributions (dividend)694€23k€122k▲
Employees696-€19k
Social balance
Average headcount (FTE)90873.33.3=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €1MEq €1.01M ▲5.6%
4 profitable years in a row build equity to €1.01M.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €195k
Net result €195k after one loss-making year.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
31-03
Financial
Weakest financial yearnet €-110k ▼158%
Net result drops to €-110k, the lowest in the series; recovery starts the following year.
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Jabbeke · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dorpsstraat 788490 JabbekeGround area
154 m²
Building footprint
144 m²
Volume, LiDAR
774 m³
Parcel 31012A0892/00H000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LABMASSTER
since 20112.199.669.097
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31012A0892/00H000 | Flanders | 154 m² | 1 · 144 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2022 to 2023 · 2 entries · 1,309 EUR awarded · 1,309 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,223 EUR | 1,223 EUR |
| 2022 | 1 | 86 EUR | 86 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
5493000LTL7P7RB3Z814
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Of 202 companies in sector 33130 we hold annual accounts for 79. 29 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-05-2011
Fiscal year end31-03
Activities, NACEBEL
33130Repair, maintenance and installation of machinery and equipment
33200Installation of industrial machinery and equipment
62900Other information technology and computer services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.