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LABOGLOBAL

Active
Private limited companyfounded 2023active for 3 yearsGewijde-Boomstraat 22, 1050 Elsene, BelgiumKBO/BCE: BE 0797.041.971

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

LABOGLOBAL has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,329 and a net result of €1,589. Equity has been growing by about 33% per year since 2023. Its solvency ranks better than 58% of 11,760 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed 28 days after the deadline Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00489170.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
28-08-2026
Format
micro format
Reference
2026-00489170
Turnover
≈ €37,000
Estimated: probably between €20,000 and €69,000
Total assets
€86,111▲ 4.2%
2024 · €82,602
Net result
€1,589▼ 95.1%
2024 · €32,581
Working capital
€47,354▼ 3.7%
2024 · €49,158
Trend over the years

2023 to 2025, 3 financial years

The operating result for 2025 is 92% lower than in 2024 and the lowest since 2023.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€3,176 2025 Net result€1,589 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€21,006-€41,746▲ 98.7%€3,176▼ 92.4%
Net result€16,658within the sector's middle half-€32,581within the sector's middle half▲ 95.6%€1,589below the sector's middle half▼ 95.1%
Equity€19,158below the sector's middle half-€51,739within the sector's middle half▲ 170%€53,329within the sector's middle half▲ 3.1%
Total assets€37,447below the sector's middle half-€82,602within the sector's middle half▲ 121%€86,111within the sector's middle half▲ 4.2%
Debt€18,288-€30,863▲ 68.8%€32,782▲ 6.2%
Working capital€15,245within the sector's middle half-€49,158within the sector's middle half▲ 222%€47,354within the sector's middle half▼ 3.7%
Solvency51.2%within the sector's middle half-62.6%within the sector's middle half▲ 11.5pp61.9%within the sector's middle half▼ 0.7pp
Current ratio1.83within the sector's middle half-2.59within the sector's middle half▲ 0.762.44within the sector's middle half▼ 0.15
Return on assets (ROA)44.5%above the sector's middle half-39.4%above the sector's middle half▼ 5.0pp1.8%within the sector's middle half▼ 37.6pp
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86,111
Fixed assets €5,975 ▲ 131%
Current assets €80,136 ▲ 0.1%
Equity and liabilities €86,111
Equity €53,329 ▲ 3.1%
Debt €32,782 ▲ 6.2%
Debt's share of the balance-sheet total rises from 37.4% to 38.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,361▼
2024 · €43,078
Cash flow
€3,774▼
2024 · €33,914
Debt to equity
0.61▲
2024 · 0.60
ROE
3.0%▼
2024 · 63.0%
Interest coverage
27.14▼
2024 · over 100
Debt ≤ 1 year
€32,782▲
2024 · €30,863
Income taxes
€1,390▼
2024 · €9,097
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 2,546 companies had the same profile as LABOGLOBAL has now. Two years later, 2.3% had gone bankrupt and 94.3% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.3% went bankrupt
3.2% stopped otherwise
94.3% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of LABOGLOBAL itself is lower: 0.4% within 12 months. It rests on far more data about LABOGLOBAL than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,546 companies, not a prediction for LABOGLOBAL. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines

Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€82,602€86,111▲
Fixed assets21/28€2,581€5,975▲
Tangible fixed assets22/27€2,332€5,726▲
Furniture and vehicles24€2,332€5,726▲
Financial fixed assets28€249€249=
Current assets29/58€80,021€80,136▲
Amounts receivable within one year40/41€50,774€73,996▲
Trade receivables40€43,009€53,209▲
Other amounts receivable41€7,765€20,787▲
Cash at bank and in hand54/58€29,247€6,017▼
Deferred charges and accrued income490/1-€124
Equity and liabilities
Total equity and liabilities10/49€82,602€86,111▲
Equity10/15€51,739€53,329▲
Contributions10/11€2,500€2,500=
Reserves13€45,000€45,000=
Distributable reserves133€45,000€45,000=
Profit (loss) carried forward14€4,239€5,829▲
Amounts payable17/49€30,863€32,782▲
Amounts payable within one year42/48€30,863€32,782▲
Trade debts44€20,190€20,633▲
Suppliers440/4€20,190€20,633▲
Advances received on contracts in progress46-€420
Taxes, remuneration and social security45€10,672€11,729▲
Taxes450/3€10,672€11,729▲
Income statement Code20242025
Remuneration, social security and pensions62€2,222-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,333€2,185▲
Other operating charges640/8€1,065€389▼
Gross operating margin9900€46,365€5,751▼
Operating profit (loss)9901€41,746€3,176▼
Financial charges65/66B€68€198▲
Recurring financial charges65€68€198▲
Profit (loss) for the period before taxes9903€41,678€2,979▼
Income taxes67/77€9,097€1,390▼
Profit (loss) for the period9904€32,581€1,589▼
Profit (loss) for the period to be appropriated9905€32,581€1,589▼
Appropriation of the result
Profit (loss) to be appropriated9906€34,239€5,829▼
Profit (loss) brought forward from the previous period14P€1,658€4,239▲
Transfer to equity691/2€30,000-
To other reserves6921€30,000-

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line202320242025Change
Remuneration, social security and pensions62€4,374€2,222--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€333€1,333€2,185▲ 64.0%
Other operating charges640/8€4€1,065€389▼ 63.4%
Gross operating margin9900€25,717€46,365€5,751▼ 87.6%
Operating profit (loss)9901€21,006€41,746€3,176▼ 92.4%
Financial charges65/66B€36€68€198▲ 193%
Recurring financial charges65€36€68€198▲ 193%
Profit (loss) for the period before taxes9903€20,970€41,678€2,979▼ 92.9%
Income taxes67/77€4,312€9,097€1,390▼ 84.7%
Profit (loss) for the period9904€16,658€32,581€1,589▼ 95.1%
Profit (loss) for the period to be appropriated9905€16,658€32,581€1,589▼ 95.1%
Line202320242025Change
Assets
Total assets20/58€37,447€82,602€86,111▲ 4.2%
Fixed assets21/28€3,913€2,581€5,975▲ 131%
Tangible fixed assets22/27€3,664€2,332€5,726▲ 146%
Furniture and vehicles24€3,664€2,332€5,726▲ 146%
Financial fixed assets28€249€249€249=
Current assets29/58€33,533€80,021€80,136▲ 0.1%
Amounts receivable within one year40/41€10,189€50,774€73,996▲ 45.7%
Trade receivables40€7,638€43,009€53,209▲ 23.7%
Other amounts receivable41€2,552€7,765€20,787▲ 168%
Cash at bank and in hand54/58€20,502€29,247€6,017▼ 79.4%
Deferred charges and accrued income490/1€2,843-€124-
Equity and liabilities
Total equity and liabilities10/49€37,447€82,602€86,111▲ 4.2%
Equity10/15€19,158€51,739€53,329▲ 3.1%
Contributions10/11€2,500€2,500€2,500=
Contributions outside capital11€2,500---
Other1109/19€2,500---
Reserves13€15,000€45,000€45,000=
Non-distributable reserves130/1€15,000---
Legal reserve130€15,000---
Distributable reserves133-€45,000€45,000=
Profit (loss) carried forward14€1,658€4,239€5,829▲ 37.5%
Amounts payable17/49€18,288€30,863€32,782▲ 6.2%
Amounts payable within one year42/48€18,288€30,863€32,782▲ 6.2%
Trade debts44€6,162€20,190€20,633▲ 2.2%
Suppliers440/4€6,162€20,190€20,633▲ 2.2%
Advances received on contracts in progress46--€420-
Taxes, remuneration and social security45€5,879€10,672€11,729▲ 9.9%
Taxes450/3€4,312€10,672€11,729▲ 9.9%
Remuneration and social security454/9€1,567---
Other amounts payable47/48€6,247---
Line202320242025Change
Profit (loss) for the period9904€16,658€32,581€1,589▼ 95.1%
+ Depreciation and write-downs630€333€1,333€2,185▲ 64.0%
Operating cash flow (approximation)€16,991€33,914€3,774▼ 88.9%
Investment in fixed assets (approximation)-€0-€5,579-
Change in cash-€8,745-€23,230-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2025 micro format 28-08-2026 2026-00489170 NBB
31-12-2024 micro format 31-07-2025 2025-00345946 PDF
31-12-2023 micro format 31-08-2024 2024-00443698 PDF

Comparable companies

These companies have the same main activity as LABOGLOBAL: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €72,900 and €116,000, founded between 2022 and 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
LABOGLOBAL Elsene2023€86,111€53,329€5,751€1,5892025
OZORA DESIGN Manage2023€90,557€44,675€6,129€2,8302025
Bastien PILET Architectes Liège2022€86,318€64,343€5,577€2,0642025
Van Clemen Architecten Bonheiden2023€97,049€29,714€5,137€5402025
studio Bruma Vorst2024€79,844€51,669€6,878€2,3072025
Max De Decker Vorst2023€116,143-€4,184€8,189-€9,7432025
I.P. CONSTRUCT Ittre2023€72,942€42,142€5,069-€1,4512025

They were chosen from the 6,489 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.