LABO MASSA
ActiveSummary
LABO MASSA has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256k and a net result of €3k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 76% of 647 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-21
Solvency96▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.78 against 2.67 in 2024; short-term debt: 28.2% and cash: 32.5% of total assets), and 29.1% 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 · 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Other manufacturing (NACE 32)
about 28% fewer bankruptcies
← 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
70.9%
Return on assets
0.9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
16 d early
2023
37 d early
2022
31 d early
2021
30 d early
2020
15 d early
2019
67 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
€256k▼ 4.8%
2024 · €269k
2018: €108klowest in 8 years
2019: €109k▲ +1.1% vs 2018
2020: €123k▲ +13.3% vs 2019
2021: €137k▲ +10.9% vs 2020
2022: €171k▲ +24.9% vs 2021
2023: €207k▲ +20.7% vs 2022
2024: €269k▲ +30.1% vs 2023highest in 8 years
2025: €256k▼ -4.8% vs 2024
2018 → 2025
Total assets
€361k▼ 12.7%
2024 · €413k
2018: €207klowest in 8 years
2019: €270k▲ +30.8% vs 2018
2020: €296k▲ +9.7% vs 2019
2021: €281k▼ -5.3% vs 2020
2022: €369k▲ +31.2% vs 2021
2023: €388k▲ +5.4% vs 2022
2024: €413k▲ +6.3% vs 2023highest in 8 years
2025: €361k▼ -12.7% vs 2024
2018 → 2025
Net result
€3k▼ 95.7%
2024 · €72k
2018: €-639lowest in 8 years
2019: €1k▲ +280% vs 2018
2020: €15k▲ +1162% vs 2019
2021: €14k▼ -7.1% vs 2020
2022: €54k▲ +301% vs 2021
2023: €43k▼ -21.4% vs 2022
2024: €72k▲ +69.5% vs 2023highest in 8 years
2025: €3k▼ -95.7% vs 2024
2018 → 2025
Working capital
€181k▲ 1.1%
2024 · €179k
2018: €10klowest in 8 years
2019: €42k▲ +304% vs 2018
2020: €58k▲ +39.3% vs 2019
2021: €67k▲ +15.6% vs 2020
2022: €87k▲ +30.2% vs 2021
2023: €107k▲ +22.7% vs 2022
2024: €179k▲ +67.6% vs 2023
2025: €181k▲ +1.1% vs 2024highest 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€137k-€171k▲ 24.9%€207k▲ 20.7%€269k▲ 30.1%€256k▼ 4.8%
2021: €137klowest in 5 years
2022: €171k▲ +24.9% vs 2021
2023: €207k▲ +20.7% vs 2022
2024: €269k▲ +30.1% vs 2023highest in 5 years
2025: €256k▼ -4.8% vs 2024
Operating result€23k-€70k▲ 204%€61k▼ 13.6%€108k▲ 77.7%€13k▼ 88.3%
2021: €23k
2022: €70k▲ +204% vs 2021
2023: €61k▼ -13.6% vs 2022
2024: €108k▲ +77.7% vs 2023highest in 5 years
2025: €13k▼ -88.3% vs 2024lowest in 5 years
Net result€14k-€54k▲ 301%€43k▼ 21.4%€72k▲ 69.5%€3k▼ 95.7%
2021: €14k
2022: €54k▲ +301% vs 2021
2023: €43k▼ -21.4% vs 2022
2024: €72k▲ +69.5% vs 2023highest in 5 years
2025: €3k▼ -95.7% 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 falls in 2025; 2025 is 88% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €361k
Fixed assets
€78k ▼ 38.3%
Current assets
€283k ▼ 1.4%
Equity and liabilities €361k
Equity
€256k ▼ 4.8%
Debt
€105k ▼ 27.4%
Debt's share of the balance-sheet total falls from 34.9% to 29.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€66k▼
2024 · €161k
Cash flow
€56k▼
2024 · €125k
Current ratio
2.78▲
2024 · 2.67
Quick ratio
2.48▲
2024 · 2.44
Debt to equity
0.41▼
2024 · 0.54
ROE
1.2%▼
2024 · 26.9%
ROA
0.9%▼
2024 · 17.5%
Interest coverage
14.60▼
2024 · 38.41
Debt ≤ 1 year
€102k▼
2024 · €108k
Debt > 1 year
€3k▼
2024 · €37k
Income taxes
€5k▼
2024 · €32k
Staff costs
€184k▲
2024 · €142k
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€413k€361k▼
Fixed assets21/28€126k€78k▼
Intangible fixed assets21€10k€8k▼
Tangible fixed assets22/27€116k€70k▼
Plant, machinery and equipment23€89k€58k▼
Furniture and vehicles24€666€969▲
Leasing and similar rights25€20k€10k▼
Other tangible fixed assets26€7k€2k▼
Current assets29/58€287k€283k▼
Stocks and contracts in progress3€25k€31k▲
Stocks30/36€25k€31k▲
Amounts receivable within one year40/41€210k€133k▼
Trade receivables40€208k€118k▼
Other amounts receivable41€2k€15k▲
Cash at bank and in hand54/58€50k€117k▲
Deferred charges and accrued income490/1€2k€975▼
Equity and liabilities
Total equity and liabilities10/49€413k€361k▼
Equity10/15€269k€256k▼
Contributions10/11€6k€6k=
Reserves13€262k€245k▼
Distributable reserves133€262k€245k▼
Profit (loss) carried forward14€433€4k▲
Amounts payable17/49€144k€105k▼
Amounts payable after more than one year17€37k€3k▼
Financial debts170/4€37k€3k▼
Amounts payable within one year42/48€108k€102k▼
Current portion of amounts payable after more than one year42€36k€33k▼
Financial debts43€6k€7k▲
Credit institutions430/8€6k€7k▲
Trade debts44€15k€6k▼
Suppliers440/4€15k€6k▼
Taxes, remuneration and social security45€35k€38k▲
Taxes450/3€19k€20k▲
Remuneration and social security454/9€16k€19k▲
Other amounts payable47/48€16k€18k▲
Income statement
Code20242025
Remuneration, social security and pensions62€142k€184k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€53k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€306k€251k▼
Operating profit (loss)9901€108k€13k▼
Financial income75/76B€221€9▼
Recurring financial income75€221€9▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€104k€8k▼
Income taxes67/77€32k€5k▼
Profit (loss) for the period9904€72k€3k▼
Profit (loss) for the period to be appropriated9905€72k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€72k€4k▼
Profit (loss) brought forward from the previous period14P-€433
Transfer from equity791/2€10k€20k▲
Transfer to equity691/2€72k€3k▼
To other reserves6921€72k€3k▼
Profit to be distributed694/7€10k€16k▲
Return on contributions (dividend)694€10k€16k▲
The notes to these accounts (9 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €114k | €113k | €127k | €142k | €184k | ▲ 29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €36k | €54k | €53k | €53k | ▲ 0.2% |
| Other operating charges640/8 | €4k | €4k | €3k | €2k | €2k | ▼ 38.4% |
| Gross operating margin9900 | €168k | €223k | €245k | €306k | €251k | ▼ 18.0% |
| Operating profit (loss)9901 | €23k | €70k | €61k | €108k | €13k | ▼ 88.3% |
| Financial income75/76B | €156 | €147 | €32 | €221 | €9 | ▼ 96.1% |
| Recurring financial income75 | €156 | €147 | €32 | €221 | €9 | ▼ 96.1% |
| Financial charges65/66B | €4k | €5k | €5k | €4k | €4k | ▲ 7.3% |
| Recurring financial charges65 | €4k | €5k | €5k | €4k | €4k | ▲ 7.3% |
| Profit (loss) for the period before taxes9903 | €19k | €65k | €56k | €104k | €8k | ▼ 92.1% |
| Income taxes67/77 | €5k | €11k | €13k | €32k | €5k | ▼ 84.2% |
| Profit (loss) for the period9904 | €14k | €54k | €43k | €72k | €3k | ▼ 95.7% |
| Profit (loss) for the period to be appropriated9905 | €14k | €54k | €43k | €72k | €3k | ▼ 95.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €281k | €369k | €388k | €413k | €361k | ▼ 12.7% |
| Fixed assets21/28 | €128k | €184k | €173k | €126k | €78k | ▼ 38.3% |
| Intangible fixed assets21 | €18k | €15k | €13k | €10k | €8k | ▼ 25.0% |
| Tangible fixed assets22/27 | €111k | €169k | €160k | €116k | €70k | ▼ 39.4% |
| Plant, machinery and equipment23 | €28k | €105k | €115k | €89k | €58k | ▼ 35.2% |
| Furniture and vehicles24 | €9k | €6k | €3k | €666 | €969 | ▲ 45.5% |
| Leasing and similar rights25 | €52k | €41k | €30k | €20k | €10k | ▼ 50.4% |
| Other tangible fixed assets26 | €22k | €17k | €12k | €7k | €2k | ▼ 71.0% |
| Current assets29/58 | €152k | €185k | €216k | €287k | €283k | ▼ 1.4% |
| Stocks and contracts in progress3 | €14k | €10k | €11k | €25k | €31k | ▲ 25.9% |
| Stocks30/36 | €14k | €10k | €11k | €25k | €31k | ▲ 25.9% |
| Amounts receivable within one year40/41 | €55k | €122k | €121k | €210k | €133k | ▼ 36.5% |
| Trade receivables40 | €55k | €94k | €121k | €208k | €118k | ▼ 43.1% |
| Other amounts receivable41 | €298 | €28k | €298 | €2k | €15k | ▲ 634% |
| Cash at bank and in hand54/58 | €79k | €47k | €80k | €50k | €117k | ▲ 134% |
| Deferred charges and accrued income490/1 | €4k | €6k | €4k | €2k | €975 | ▼ 49.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €281k | €369k | €388k | €413k | €361k | ▼ 12.7% |
| Equity10/15 | €137k | €171k | €207k | €269k | €256k | ▼ 4.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €131k | €165k | €200k | €262k | €245k | ▼ 6.5% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €129k | €163k | €200k | €262k | €245k | ▼ 6.5% |
| Profit (loss) carried forward14 | - | - | - | €433 | €4k | ▲ 930% |
| Amounts payable17/49 | €144k | €197k | €182k | €144k | €105k | ▼ 27.4% |
| Amounts payable after more than one year17 | €58k | €99k | €73k | €37k | €3k | ▼ 91.3% |
| Financial debts170/4 | €58k | €99k | €73k | €37k | €3k | ▼ 91.3% |
| Amounts payable within one year42/48 | €85k | €98k | €109k | €108k | €102k | ▼ 5.6% |
| Current portion of amounts payable after more than one year42 | €33k | €42k | €49k | €36k | €33k | ▼ 9.2% |
| Financial debts43 | - | - | - | €6k | €7k | ▲ 13.4% |
| Credit institutions430/8 | - | - | - | €6k | €7k | ▲ 13.4% |
| Trade debts44 | €13k | €14k | €25k | €15k | €6k | ▼ 62.6% |
| Suppliers440/4 | €13k | €14k | €25k | €15k | €6k | ▼ 62.6% |
| Taxes, remuneration and social security45 | €19k | €21k | €23k | €35k | €38k | ▲ 11.1% |
| Taxes450/3 | €8k | €11k | €11k | €19k | €20k | ▲ 3.7% |
| Remuneration and social security454/9 | €11k | €10k | €12k | €16k | €19k | ▲ 20.2% |
| Other amounts payable47/48 | €21k | €20k | €12k | €16k | €18k | ▲ 12.2% |
| Accrued charges and deferred income492/3 | - | €500 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €54k | €43k | €72k | €3k | ▼ 95.7% |
| + Depreciation and write-downs630 | €27k | €36k | €54k | €53k | €53k | ▲ 0.2% |
| Operating cash flow (approximation) | €41k | €90k | €96k | €125k | €56k | ▼ 55.1% |
| Investment in fixed assets (approximation) | - | €-91k | €-43k | €-7k | €-5k | ▲ 30.3% |
| Change in cash | - | €-33k | €33k | €-30k | €67k | ▲ 326% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €72k ▲69.5%
Operating result €108k, net result €72k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €207k ▲20.7%
5 profitable years in a row build equity to €207k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €171k ▲24.9%
4 profitable years in a row build equity to €171k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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 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 1995
Ground area
943 m²
Building footprint
951 m²
Volume, LiDAR
17,255 m³
Parcel 11006A0226/03L002, Flanders · tallest building 25.3 m, ±8 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Luitenant Lippenslaan 44, 2140 Antwerpen
since 19952.070.174.394
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0226/03L002 | Flanders | 943 m² | 1 · 950 m² | 25.3 m · 8 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.
Recognitions · licences · registrations
Dual-learning approval
1 live approval · 2 endedDentaaltechnicus duaal (so)
Show 2 ended approvals
Tandprothesetechnicus (so)
Tandprothesetechnicus (so)
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Of 1,249 companies in sector 32500 we hold annual accounts for 695. 534 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
Founded09-12-1994
Fiscal year end31-12
Activities, NACEBEL 2025
32500Manufacture of medical and dental instruments and supplies
Scores and ratios are computed by Checked and are not a credit decision.