Labo33
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 08-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 42% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €14,686 | €40,119 | €25,031 |
| Financial fixed assets | €1,000 | - | - |
| Depreciation and write-downs of the year | €2,034 | €7,235 | €21,481 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,034 | €7,235 | €21,481 | ▲ 197% |
| Other operating charges640/8 | €745 | €1,033 | €3,479 | ▲ 237% |
| Non-recurring operating charges66A | - | - | €52 | - |
| Gross operating margin9900 | €132,739 | €68,240 | €59,521 | ▼ 12.8% |
| Operating profit (loss)9901 | €129,959 | €59,972 | €34,509 | ▼ 42.5% |
| Financial income75/76B | €473 | €540 | €359 | ▼ 33.4% |
| Recurring financial income75 | €473 | €540 | €359 | ▼ 33.4% |
| Financial charges65/66B | €1,462 | €63,604 | €54,343 | ▼ 14.6% |
| Recurring financial charges65 | €1,462 | €63,604 | €54,343 | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | €128,970 | -€3,092 | -€19,476 | ▼ 530% |
| Income taxes67/77 | €32,500 | €283 | -€62 | - |
| Profit (loss) for the period9904 | €96,470 | -€3,375 | -€19,414 | ▼ 475% |
| Profit (loss) for the period to be appropriated9905 | €96,470 | -€3,375 | -€19,414 | ▼ 475% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €171,585 | €308,402 | €212,005 | ▼ 31.3% |
| Fixed assets21/28 | €13,653 | €46,537 | €90,878 | ▲ 95.3% |
| Intangible fixed assets21 | €0 | - | - | - |
| Tangible fixed assets22/27 | €12,653 | €45,537 | €89,878 | ▲ 97.4% |
| Plant, machinery and equipment23 | €4,099 | €26,865 | €22,149 | ▼ 17.6% |
| Furniture and vehicles24 | €8,554 | €15,710 | €50,904 | ▲ 224% |
| Other tangible fixed assets26 | - | €2,962 | €16,825 | ▲ 468% |
| Financial fixed assets28 | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €157,933 | €261,866 | €121,127 | ▼ 53.7% |
| Amounts receivable within one year40/41 | €45,276 | €254,850 | €92,507 | ▼ 63.7% |
| Trade receivables40 | €42,462 | €247,724 | €92,507 | ▼ 62.7% |
| Other amounts receivable41 | €2,814 | €7,126 | - | - |
| Cash at bank and in hand54/58 | €110,479 | €3,615 | €23,709 | ▲ 556% |
| Deferred charges and accrued income490/1 | €2,178 | €3,400 | €4,911 | ▲ 44.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €171,585 | €308,402 | €212,005 | ▼ 31.3% |
| Equity10/15 | €96,470 | €91,429 | €72,015 | ▼ 21.2% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €92,470 | €87,429 | €68,015 | ▼ 22.2% |
| Amounts payable17/49 | €75,115 | €216,973 | €139,990 | ▼ 35.5% |
| Amounts payable within one year42/48 | €75,115 | €164,616 | €136,150 | ▼ 17.3% |
| Trade debts44 | €37,340 | €71,855 | €73,833 | ▲ 2.8% |
| Suppliers440/4 | €37,340 | €71,855 | €73,833 | ▲ 2.8% |
| Taxes, remuneration and social security45 | €37,160 | €41,442 | €23,286 | ▼ 43.8% |
| Taxes450/3 | €37,160 | €39,442 | €23,286 | ▼ 41.0% |
| Remuneration and social security454/9 | - | €2,000 | - | - |
| Other amounts payable47/48 | €615 | €51,319 | €39,031 | ▼ 23.9% |
| Accrued charges and deferred income492/3 | - | €52,357 | €3,840 | ▼ 92.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €96,470 | -€3,375 | -€19,414 | ▼ 475% |
| + Depreciation and write-downs630 | €2,034 | €7,235 | €21,481 | ▲ 197% |
| Operating cash flow (approximation) | €98,504 | €3,860 | €2,067 | ▼ 46.4% |
| Investment in fixed assets (approximation) | - | -€40,119 | -€65,823 | ▼ 64.1% |
| Change in cash | - | -€106,864 | €20,093 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,145 companies had the same profile as Labo33 has now. Two years later, 91.7% were still going and 2.2% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Labo33 itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,145 companies, not a prediction for Labo33. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.