LabNation
ActiveSummary
LabNation has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €-6k. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-57
Solvency44▼-56
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 39.7 in 2024; short-term debt: 80.1% and cash: 74.3% of total assets), and 81.2% 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+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
18.8%
Return on assets
-4.4%
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
60 d late
2023
54 d late
2022
60 d late
2021
30 d late
2020
76 d late
2019
59 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▼ 83.1%
2024 · €150k
2018: €185k
2019: €206k▲ +11.1% vs 2018
2020: €238k▲ +15.7% vs 2019highest in 8 years
2021: €126k▼ -47.1% vs 2020
2022: €140k▲ +10.9% vs 2021
2023: €148k▲ +6.2% vs 2022
2024: €150k▲ +1.0% vs 2023
2025: €25k▼ -83.1% vs 2024lowest in 8 years
2018 → 2025
Total assets
€134k▼ 13.6%
2024 · €156k
2018: €299k
2019: €349k▲ +16.7% vs 2018highest in 8 years
2020: €256k▼ -26.8% vs 2019
2021: €254k▼ -0.5% vs 2020
2022: €149k▼ -41.6% vs 2021
2023: €156k▲ +4.8% vs 2022
2024: €156k● -0.0% vs 2023
2025: €134k▼ -13.6% vs 2024lowest in 8 years
2018 → 2025
Net result
€-6k
2024 · €2k
2018: €44khighest in 8 years
2019: €21k▼ -53.5% vs 2018
2020: €32k▲ +57.4% vs 2019
2021: €6k▼ -81.9% vs 2020
2022: €14k▲ +135% vs 2021
2023: €9k▼ -37.5% vs 2022
2024: €2k▼ -82.1% vs 2023
2025: €-6k▼ -487% vs 2024lowest in 8 years
2018 → 2025
Working capital
€26k▼ 82.5%
2024 · €151k
2018: €183k
2019: €200k▲ +9.2% vs 2018
2020: €236k▲ +17.7% vs 2019highest in 8 years
2021: €126k▼ -46.6% vs 2020
2022: €142k▲ +12.7% vs 2021
2023: €149k▲ +5.5% vs 2022
2024: €151k▲ +1.0% vs 2023
2025: €26k▼ -82.5% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€126k-€140k▲ 10.9%€148k▲ 6.2%€150k▲ 1.0%€25k▼ 83.1%
2021: €126k
2022: €140k▲ +10.9% vs 2021
2023: €148k▲ +6.2% vs 2022
2024: €150k▲ +1.0% vs 2023highest in 5 years
2025: €25k▼ -83.1% vs 2024lowest in 5 years
Operating result€9k-€19k▲ 109%€12k▼ 36.0%€2k▼ 81.3%€-6k
2021: €9k
2022: €19k▲ +109% vs 2021highest in 5 years
2023: €12k▼ -36.0% vs 2022
2024: €2k▼ -81.3% vs 2023
2025: €-6k▼ -347% vs 2024lowest in 5 years
Net result€6k-€14k▲ 135%€9k▼ 37.5%€2k▼ 82.1%€-6k
2021: €6k
2022: €14k▲ +135% vs 2021highest in 5 years
2023: €9k▼ -37.5% vs 2022
2024: €2k▼ -82.1% vs 2023
2025: €-6k▼ -487% vs 2024lowest in 5 years
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 €6k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134k
Fixed assets
€339 ▼ 52.4%
Current assets
€134k ▼ 13.4%
Equity and liabilities €134k
Equity
€25k ▼ 83.1%
Debt
€109k ▲ 1,745%
Debt's share of the balance-sheet total rises from 3.8% to 81.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▼
2024 · €3k
Cash flow
€-6k▼
2024 · €2k
Current ratio
1.24▼
2024 · 39.70
Quick ratio
1.08▼
2024 · 33.90
Debt to equity
4.32▲
2024 · 0.04
ROE
-23.5%▼
2024 · 1.0%
ROA
-4.4%▼
2024 · 1.0%
Interest coverage
-13.19▼
2024 · 11.86
Debt ≤ 1 year
€108k▲
2024 · €4k
Income taxes
€-22▼
2024 · €592
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€156k€134k▼
Fixed assets21/28€713€339▼
Tangible fixed assets22/27€713€339▼
Plant, machinery and equipment23€713€339▼
Current assets29/58€155k€134k▼
Stocks and contracts in progress3€23k€18k▼
Stocks30/36€23k€18k▼
Amounts receivable within one year40/41€17k€16k▼
Trade receivables40€3k-
Other amounts receivable41€14k€16k▲
Cash at bank and in hand54/58€116k€100k▼
Equity and liabilities
Total equity and liabilities10/49€156k€134k▼
Equity10/15€150k€25k▼
Contributions10/11€19k€19k=
Reserves13€131k€7k▼
Distributable reserves133€131k€7k▼
Amounts payable17/49€6k€109k▲
Amounts payable within one year42/48€4k€108k▲
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€111-
Taxes450/3€111-
Other amounts payable47/48€1k€102k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€301€374▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€505€520▲
Gross operating margin9900€3k€-4k▼
Operating profit (loss)9901€2k€-6k▼
Financial income75/76B€87€5▼
Recurring financial income75€87€5▼
Financial charges65/66B€216€395▲
Recurring financial charges65€216€395▲
Profit (loss) for the period before taxes9903€2k€-6k▼
Income taxes67/77€592€-22▼
Profit (loss) for the period9904€2k€-6k▼
Profit (loss) for the period to be appropriated9905€2k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-6k▼
Transfer from equity791/2-€124k
Transfer to equity691/2€2k-
To other reserves6921€2k-
Profit to be distributed694/7-€119k
Return on contributions (dividend)694-€119k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | - | €107 | €301 | €374 | ▲ 24.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €786 | - | - | - | €1k | - |
| Other operating charges640/8 | €704 | €450 | €493 | €505 | €520 | ▲ 2.8% |
| Gross operating margin9900 | €13k | €19k | €13k | €3k | €-4k | ▼ 215% |
| Operating profit (loss)9901 | €9k | €19k | €12k | €2k | €-6k | ▼ 347% |
| Financial income75/76B | - | €68 | €23 | €87 | €5 | ▼ 94.0% |
| Recurring financial income75 | - | €68 | €23 | €87 | €5 | ▼ 94.0% |
| Financial charges65/66B | €789 | €287 | €445 | €216 | €395 | ▲ 83.0% |
| Recurring financial charges65 | €789 | €287 | €445 | €216 | €395 | ▲ 83.0% |
| Profit (loss) for the period before taxes9903 | €8k | €19k | €12k | €2k | €-6k | ▼ 380% |
| Income taxes67/77 | €2k | €5k | €3k | €592 | €-22 | ▼ 104% |
| Profit (loss) for the period9904 | €6k | €14k | €9k | €2k | €-6k | ▼ 487% |
| Profit (loss) for the period to be appropriated9905 | €6k | €14k | €9k | €2k | €-6k | ▼ 487% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €254k | €149k | €156k | €156k | €134k | ▼ 13.6% |
| Fixed assets21/28 | - | - | €214 | €713 | €339 | ▼ 52.4% |
| Tangible fixed assets22/27 | - | - | €214 | €713 | €339 | ▼ 52.4% |
| Plant, machinery and equipment23 | - | - | €214 | €713 | €339 | ▼ 52.4% |
| Current assets29/58 | €254k | €149k | €155k | €155k | €134k | ▼ 13.4% |
| Stocks and contracts in progress3 | €85k | €58k | €36k | €23k | €18k | ▼ 19.5% |
| Stocks30/36 | €85k | €58k | €36k | €23k | €18k | ▼ 19.5% |
| Amounts receivable within one year40/41 | €8k | €15k | €19k | €17k | €16k | ▼ 4.8% |
| Trade receivables40 | €2k | €6k | €9k | €3k | - | - |
| Other amounts receivable41 | €7k | €9k | €10k | €14k | €16k | ▲ 12.8% |
| Cash at bank and in hand54/58 | €161k | €75k | €100k | €116k | €100k | ▼ 13.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €254k | €149k | €156k | €156k | €134k | ▼ 13.6% |
| Equity10/15 | €126k | €140k | €148k | €150k | €25k | ▼ 83.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €107k | €121k | €130k | €131k | €7k | ▼ 94.9% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €105k | €119k | €130k | €131k | €7k | ▼ 94.9% |
| Amounts payable17/49 | €129k | €9k | €8k | €6k | €109k | ▲ 1,745% |
| Amounts payable within one year42/48 | €129k | €7k | €6k | €4k | €108k | ▲ 2,662% |
| Trade debts44 | €9k | €2k | €4k | €2k | €6k | ▲ 137% |
| Suppliers440/4 | €9k | €2k | €4k | €2k | €6k | ▲ 137% |
| Taxes, remuneration and social security45 | - | €1k | €280 | €111 | - | - |
| Taxes450/3 | - | €1k | €280 | €111 | - | - |
| Other amounts payable47/48 | €119k | €3k | €1k | €1k | €102k | ▲ 7,098% |
| Accrued charges and deferred income492/3 | - | €2k | €2k | €2k | €1k | ▼ 28.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €14k | €9k | €2k | €-6k | ▼ 487% |
| + Depreciation and write-downs630 | €2k | - | €107 | €301 | €374 | ▲ 24.3% |
| Operating cash flow (approximation) | €8k | €14k | €9k | €2k | €-6k | ▼ 403% |
| Investment in fixed assets (approximation) | - | - | - | €-799 | €0 | ▲ 100% |
| Change in cash | - | €-86k | €25k | €15k | €-16k | ▼ 202% |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Liquidity times 11current ratio 21.66
Current ratio from 1.98 to 21.66; short-term debt falls from €129k to €7k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
2020
31-12
Financial
Liquidity times 6current ratio 14.30
Current ratio from 2.39 to 14.30; short-term debt falls from €144k to €18k.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
31-12
Financial
Equity above €200kEq €206k ▲11.1%
2 profitable years in a row build equity to €206k.
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
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 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.
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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, Antwerpen · 1 establishment unit since 2014
Ground area
347 m²
Building footprint
131 m²
Volume, LiDAR
1,702 m³
Parcel 11811L3575/00X002, Flanders · tallest building 19.4 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Tolstraat 50, 2000 Antwerpen
since 20142.232.738.278
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3575/00X002 | Flanders | 347 m² | 1 · 131 m² | 19.4 m · 5 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
2024 · 1 entry · 1,154 EUR awarded · 1,154 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,154 EUR | 1,154 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,957 companies in sector 47120 we hold annual accounts for 2,190. 1,439 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
Founded26-06-2014
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
Scores and ratios are computed by Checked and are not a credit decision.