LABO LEB
ActiveSummary
LABO LEB has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €468k and a net result of €234k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 25% of 2015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+9
Solvency47▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.1 in 2024; short-term debt: 28.8% and cash: 11.5% of total assets), and 77.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 →
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 2025Solvency, return and age of the figures
Solvency
22.3%
Return on assets
11.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 2015 sector peers (2025).
NBB · sector comparisonPosition among 2015 sector peers
Solvency
better than 25%
← weakest
strongest →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
6 d early
2023
8 d early
2022
7 d early
2021
16 d early
2020
23 d early
2019
28 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, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€468k▲ 3.0%
2024 · €455k
2018: €403klowest in 8 years
2019: €404k● +0.0% vs 2018
2020: €404k● +0.0% vs 2019
2021: €411k▲ +1.8% vs 2020
2022: €440k▲ +7.0% vs 2021
2023: €447k▲ +1.7% vs 2022
2024: €455k▲ +1.8% vs 2023
2025: €468k▲ +3.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€2.10M▼ 5.3%
2024 · €2.22M
2018: €746klowest in 8 years
2019: €746k● 0.0% vs 2018lowest in 8 years
2020: €1.98M▲ +165% vs 2019
2021: €2.18M▲ +10.5% vs 2020
2022: €2.08M▼ -4.8% vs 2021
2023: €2.28M▲ +9.5% vs 2022highest in 8 years
2024: €2.22M▼ -2.5% vs 2023
2025: €2.10M▼ -5.3% vs 2024
2018 → 2025
Net result
€234k▲ 138%
2024 · €98k
2018: €68k
2019: €68k● 0.0% vs 2018
2020: €49k▼ -27.8% vs 2019
2021: €27k▼ -44.2% vs 2020lowest in 8 years
2022: €59k▲ +114% vs 2021
2023: €67k▲ +14.8% vs 2022
2024: €98k▲ +45.7% vs 2023
2025: €234k▲ +138% vs 2024highest in 8 years
2018 → 2025
Working capital
€111k▲ 102%
2024 · €55k
2018: €322khighest in 8 years
2019: €292k▼ -9.4% vs 2018
2020: €312k▲ +7.0% vs 2019
2021: €105k▼ -66.4% vs 2020
2022: €119k▲ +13.7% vs 2021
2023: €52k▼ -56.3% vs 2022lowest in 8 years
2024: €55k▲ +5.3% vs 2023
2025: €111k▲ +102% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€411k-€440k▲ 7.0%€447k▲ 1.7%€455k▲ 1.8%€468k▲ 3.0%
2021: €411klowest in 5 years
2022: €440k▲ +7.0% vs 2021
2023: €447k▲ +1.7% vs 2022
2024: €455k▲ +1.8% vs 2023
2025: €468k▲ +3.0% vs 2024highest in 5 years
Operating result€45k-€100k▲ 122%€121k▲ 21.0%€175k▲ 44.1%€353k▲ 102%
2021: €45klowest in 5 years
2022: €100k▲ +122% vs 2021
2023: €121k▲ +21.0% vs 2022
2024: €175k▲ +44.1% vs 2023
2025: €353k▲ +102% vs 2024highest in 5 years
Net result€27k-€59k▲ 114%€67k▲ 14.8%€98k▲ 45.7%€234k▲ 138%
2021: €27klowest in 5 years
2022: €59k▲ +114% vs 2021
2023: €67k▲ +14.8% vs 2022
2024: €98k▲ +45.7% vs 2023
2025: €234k▲ +138% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 102% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.10M
Fixed assets
€1.39M ▼ 14.5%
Current assets
€716k ▲ 19.7%
Equity and liabilities €2.10M
Equity
€468k ▲ 3.0%
Debt
€1.63M ▼ 7.5%
Debt's share of the balance-sheet total falls from 79.5% to 77.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€499k▲
2024 · €358k
Cash flow
€379k▲
2024 · €281k
Current ratio
1.18▲
2024 · 1.10
Debt to equity
3.49▼
2024 · 3.88
ROE
49.9%▲
2024 · 21.5%
ROA
11.1%▲
2024 · 4.4%
Interest coverage
15.89▲
2024 · 10.83
Debt ≤ 1 year
€605k▲
2024 · €543k
Debt > 1 year
€1.02M▼
2024 · €1.22M
Income taxes
€91k▲
2024 · €48k
Staff costs
€560k▲
2024 · €554k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.22M€2.10M▼
Fixed assets21/28€1.62M€1.39M▼
Tangible fixed assets22/27€1.62M€1.39M▼
Land and buildings22€1.34M€1.25M▼
Plant, machinery and equipment23€95k€68k▼
Furniture and vehicles24€187k€63k▼
Other tangible fixed assets26€2k€2k=
Current assets29/58€598k€716k▲
Amounts receivable within one year40/41€492k€435k▼
Trade receivables40€432k€379k▼
Other amounts receivable41€60k€56k▼
Cash at bank and in hand54/58€97k€242k▲
Deferred charges and accrued income490/1€9k€39k▲
Equity and liabilities
Total equity and liabilities10/49€2.22M€2.10M▼
Equity10/15€455k€468k▲
Contributions10/11€20k€20k=
Reserves13€435k€448k▲
Distributable reserves133€435k€448k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.77M€1.63M▼
Amounts payable after more than one year17€1.22M€1.02M▼
Financial debts170/4€1.22M€1.02M▼
Amounts payable within one year42/48€543k€605k▲
Current portion of amounts payable after more than one year42€162k€108k▼
Financial debts43€75k€0▼
Credit institutions430/8€75k€0▼
Trade debts44€44k€77k▲
Suppliers440/4€44k€77k▲
Taxes, remuneration and social security45€67k€124k▲
Taxes450/3€30k€58k▲
Remuneration and social security454/9€37k€66k▲
Other amounts payable47/48€195k€295k▲
Accrued charges and deferred income492/3€4k€11k▲
Income statement
Code20242025
Non-recurring operating income76A€19k€0▼
Remuneration, social security and pensions62€554k€560k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€183k€146k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€157▲
Other operating charges640/8€12k€12k▲
Non-recurring operating charges66A€4k€46k▲
Gross operating margin9900€927k€1.12M▲
Operating profit (loss)9901€175k€353k▲
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€33k€31k▼
Recurring financial charges65€33k€31k▼
Profit (loss) for the period before taxes9903€147k€324k▲
Income taxes67/77€48k€91k▲
Profit (loss) for the period9904€98k€234k▲
Profit (loss) for the period to be appropriated9905€98k€234k▲
Appropriation of the result
Profit (loss) to be appropriated9906€98k€234k▲
Transfer to equity691/2€8k€14k▲
To other reserves6921€8k€14k▲
Profit to be distributed694/7€90k€220k▲
Return on contributions (dividend)694€90k€220k▲
Social balance
Average headcount (FTE)90878.38.4▲
The notes to these accounts (24 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €7k | €0 | €46k | €19k | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €522k | €590k | €571k | €554k | €560k | ▲ 1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €142k | €151k | €148k | €183k | €146k | ▼ 20.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €6k | €0 | €157 | - |
| Other operating charges640/8 | €14k | €13k | €10k | €12k | €12k | ▲ 2.0% |
| Non-recurring operating charges66A | - | - | - | €4k | €46k | ▲ 940% |
| Gross operating margin9900 | €723k | €854k | €857k | €927k | €1.12M | ▲ 20.5% |
| Operating profit (loss)9901 | €45k | €100k | €121k | €175k | €353k | ▲ 102% |
| Financial income75/76B | €1k | €3k | €3k | €5k | €2k | ▼ 46.4% |
| Recurring financial income75 | €1k | €3k | €3k | €5k | €2k | ▼ 46.4% |
| Financial charges65/66B | €16k | €22k | €25k | €33k | €31k | ▼ 5.0% |
| Recurring financial charges65 | €16k | €22k | €25k | €33k | €31k | ▼ 5.0% |
| Profit (loss) for the period before taxes9903 | €30k | €82k | €100k | €147k | €324k | ▲ 121% |
| Income taxes67/77 | €2k | €23k | €32k | €48k | €91k | ▲ 87.1% |
| Profit (loss) for the period9904 | €27k | €59k | €67k | €98k | €234k | ▲ 138% |
| Profit (loss) for the period to be appropriated9905 | €27k | €59k | €67k | €98k | €234k | ▲ 138% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.18M | €2.08M | €2.28M | €2.22M | €2.10M | ▼ 5.3% |
| Fixed assets21/28 | €1.73M | €1.63M | €1.77M | €1.62M | €1.39M | ▼ 14.5% |
| Tangible fixed assets22/27 | €1.73M | €1.63M | €1.77M | €1.62M | €1.39M | ▼ 14.5% |
| Land and buildings22 | €1.54M | €1.46M | €1.42M | €1.34M | €1.25M | ▼ 6.3% |
| Plant, machinery and equipment23 | €95k | €69k | €100k | €95k | €68k | ▼ 28.6% |
| Furniture and vehicles24 | €82k | €91k | €245k | €187k | €63k | ▼ 66.1% |
| Other tangible fixed assets26 | €9k | €6k | €4k | €2k | €2k | = |
| Current assets29/58 | €459k | €451k | €506k | €598k | €716k | ▲ 19.7% |
| Amounts receivable within one year40/41 | €395k | €272k | €381k | €492k | €435k | ▼ 11.7% |
| Trade receivables40 | €326k | €257k | €364k | €432k | €379k | ▼ 12.3% |
| Other amounts receivable41 | €69k | €15k | €18k | €60k | €56k | ▼ 7.1% |
| Cash at bank and in hand54/58 | €50k | €138k | €79k | €97k | €242k | ▲ 150% |
| Deferred charges and accrued income490/1 | €13k | €40k | €46k | €9k | €39k | ▲ 333% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.18M | €2.08M | €2.28M | €2.22M | €2.10M | ▼ 5.3% |
| Equity10/15 | €411k | €440k | €447k | €455k | €468k | ▲ 3.0% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €391k | €420k | €427k | €435k | €448k | ▲ 3.1% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €389k | €418k | €427k | €435k | €448k | ▲ 3.1% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €1.77M | €1.64M | €1.83M | €1.77M | €1.63M | ▼ 7.5% |
| Amounts payable after more than one year17 | €1.42M | €1.30M | €1.37M | €1.22M | €1.02M | ▼ 16.4% |
| Financial debts170/4 | €1.42M | €1.30M | €1.37M | €1.22M | €1.02M | ▼ 16.4% |
| Amounts payable within one year42/48 | €354k | €332k | €454k | €543k | €605k | ▲ 11.4% |
| Current portion of amounts payable after more than one year42 | €114k | €113k | €147k | €162k | €108k | ▼ 33.1% |
| Financial debts43 | €108k | €78k | €108k | €75k | €0 | ▼ 100% |
| Credit institutions430/8 | €108k | €78k | €108k | €75k | €0 | ▼ 100% |
| Trade debts44 | €42k | €17k | €7k | €44k | €77k | ▲ 74.1% |
| Suppliers440/4 | €42k | €17k | €7k | €44k | €77k | ▲ 74.1% |
| Taxes, remuneration and social security45 | €70k | €66k | €68k | €67k | €124k | ▲ 84.7% |
| Taxes450/3 | €29k | €22k | €14k | €30k | €58k | ▲ 95.2% |
| Remuneration and social security454/9 | €42k | €43k | €54k | €37k | €66k | ▲ 76.3% |
| Other amounts payable47/48 | €20k | €57k | €124k | €195k | €295k | ▲ 51.7% |
| Accrued charges and deferred income492/3 | €3k | €5k | €3k | €4k | €11k | ▲ 153% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27k | €59k | €67k | €98k | €234k | ▲ 138% |
| + Depreciation and write-downs630 | €142k | €151k | €148k | €183k | €146k | ▼ 20.3% |
| Operating cash flow (approximation) | €169k | €209k | €216k | €281k | €379k | ▲ 35.1% |
| Investment in fixed assets (approximation) | - | €-54k | €-291k | €-34k | €90k | ▲ 368% |
| Change in cash | - | €88k | €-59k | €18k | €145k | ▲ 727% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €234k ▲138%
Operating result €353k, net result €234k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €27k ▼44.2%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 10 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Hasselt · 1 establishment unit since 2006
Ground area
3,689 m²
Building footprint
1,413 m²
Volume, LiDAR
7,510 m³
Parcel 71322A0250/00K003, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
LABO LEB
since 20062.155.300.606
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0250/00K003 | Flanders | 3,689 m² | 1 · 1,413 m² | 6.5 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.
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Of 2,143 companies in sector 71209 we hold annual accounts for 1,085. 706 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
Founded19-07-2006
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
Scores and ratios are computed by Checked and are not a credit decision.